Share Price and Basic Stock Data
Last Updated: January 3, 2026, 11:01 am
| PEG Ratio | 10.41 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Berger Paints India Ltd operates in the paints and varnishes industry and has reported a market capitalization of ₹61,106 Cr. As of the latest data, the company’s share price stood at ₹524, with a price-to-earnings (P/E) ratio of 55.3. The company has shown robust revenue growth, with sales increasing from ₹8,762 Cr in FY 2022 to ₹10,568 Cr in FY 2023, and further to ₹11,199 Cr in FY 2024. The trailing twelve months (TTM) revenue reached ₹11,707 Cr, reflecting strong demand in the domestic market. Quarterly sales figures also indicate fluctuations, with the highest quarterly sales of ₹3,030 Cr recorded in June 2023, while March 2023 saw the lowest at ₹2,444 Cr. This variability can be attributed to seasonal trends and market dynamics, which are typical in the paints sector, as construction and renovation activities influence demand significantly. Overall, the company’s revenue trajectory positions it favorably within the industry, showcasing its ability to capture market share effectively.
Profitability and Efficiency Metrics
Berger Paints has demonstrated strong profitability metrics, with a net profit of ₹1,080 Cr reported for the latest fiscal year, translating to a net profit margin of 9.94% in FY 2025. The operating profit margin (OPM) stood at 16.89%, reflecting efficient cost management amidst rising raw material costs. The company recorded a return on equity (ROE) of 20.3% and a return on capital employed (ROCE) of 24.9%, underscoring its effective utilization of equity and capital. Furthermore, the interest coverage ratio (ICR) at 30.83x highlights the firm’s strong ability to meet its interest obligations, which is significantly above the industry standard. However, the cash conversion cycle (CCC) of 86 days indicates that the company takes longer to convert its investments in inventory and receivables into cash. This can be a concern if prolonged, but overall, the profitability and efficiency metrics reflect a healthy operational performance.
Balance Sheet Strength and Financial Ratios
Berger Paints maintains a solid balance sheet, with total assets amounting to ₹9,125 Cr and total liabilities at ₹9,125 Cr as of FY 2025. The company reported reserves of ₹6,163 Cr and borrowings of ₹697 Cr, indicating a low level of debt relative to its equity capital of ₹117 Cr. The debt-to-equity ratio remained low at 0.02, showcasing the company’s conservative leverage approach. Additionally, the current ratio of 2.05 and quick ratio of 1.06 suggest that Berger Paints is well-positioned to cover its short-term obligations, which is critical in the cyclical paints industry. The price-to-book value (P/BV) ratio stood at 9.47x, indicating that the market is valuing the company at a premium relative to its book value, reflecting investor confidence in its growth potential. Overall, the financial ratios indicate a strong balance sheet, with limited debt exposure and high liquidity.
Shareholding Pattern and Investor Confidence
As of the latest reporting, the shareholding pattern of Berger Paints shows that promoters hold a dominant stake of 74.99%, which reflects strong management control and commitment to the company. Foreign institutional investors (FIIs) have reduced their stake to 5.35%, while domestic institutional investors (DIIs) hold 10.71%. The public shareholding stands at 8.95%, indicating a relatively concentrated ownership structure. The number of shareholders has decreased to 3,43,496, suggesting potential consolidation among investors. The decline in FII interest may raise concerns about foreign investment confidence; however, the stable promoter holding and increasing DII stake could indicate robust domestic confidence. The company’s commitment to maintaining dividend payouts, with a payout ratio of 34.56% in FY 2025, further enhances investor appeal, as it signals a focus on returning profits to shareholders.
Outlook, Risks, and Final Insight
Looking ahead, Berger Paints is well-positioned to capitalize on the growing demand for paints and coatings in India, driven by infrastructure development and urbanization. The company’s strong financial metrics, including high ROE and healthy profit margins, provide a solid foundation for future growth. However, risks remain, such as fluctuations in raw material prices and potential disruptions in supply chains, which could impact margins. Additionally, the prolonged cash conversion cycle may also hinder liquidity if not managed effectively. If the company can navigate these challenges while maintaining its operational efficiencies, it could continue to deliver value to shareholders. The outlook remains positive, contingent on effective management of external risks and sustained demand in the domestic market.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Sirca Paints India Ltd | 2,860 Cr. | 504 | 539/231 | 49.4 | 78.0 | 0.30 % | 20.0 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 631 Cr. | 75.4 | 144/54.1 | 34.0 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 19,492 Cr. | 241 | 275/218 | 29.9 | 80.1 | 1.04 % | 13.0 % | 10.4 % | 1.00 |
| Berger Paints India Ltd | 61,106 Cr. | 524 | 605/443 | 55.3 | 53.9 | 0.73 % | 24.9 % | 20.3 % | 1.00 |
| Akzo Nobel India Ltd | 14,626 Cr. | 3,212 | 3,958/3,022 | 37.5 | 495 | 3.11 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 60,777.00 Cr | 1,221.57 | 47.66 | 157.50 | 1.01% | 23.02% | 20.17% | 4.17 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,671 | 2,694 | 2,444 | 3,030 | 2,767 | 2,882 | 2,520 | 3,091 | 2,775 | 2,975 | 2,704 | 3,201 | 2,827 |
| Expenses | 2,307 | 2,344 | 2,097 | 2,473 | 2,294 | 2,402 | 2,169 | 2,569 | 2,340 | 2,503 | 2,276 | 2,672 | 2,475 |
| Operating Profit | 364 | 350 | 347 | 557 | 474 | 480 | 351 | 522 | 434 | 472 | 428 | 528 | 352 |
| OPM % | 14% | 13% | 14% | 18% | 17% | 17% | 14% | 17% | 16% | 16% | 16% | 17% | 12% |
| Other Income | 16 | 13 | 15 | 17 | 19 | 20 | 48 | 46 | 30 | 27 | 26 | 3 | 37 |
| Interest | 24 | 30 | 29 | 20 | 21 | 20 | 18 | 15 | 17 | 16 | 15 | 14 | 17 |
| Depreciation | 62 | 64 | 74 | 78 | 83 | 83 | 87 | 87 | 89 | 89 | 89 | 94 | 97 |
| Profit before tax | 293 | 269 | 258 | 476 | 389 | 398 | 294 | 466 | 358 | 394 | 350 | 423 | 275 |
| Tax % | 25% | 25% | 28% | 25% | 25% | 25% | 24% | 24% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | 220 | 201 | 186 | 355 | 292 | 300 | 223 | 354 | 270 | 296 | 263 | 315 | 206 |
| EPS in Rs | 1.88 | 1.72 | 1.59 | 3.04 | 2.50 | 2.57 | 1.91 | 3.03 | 2.31 | 2.53 | 2.25 | 2.70 | 1.77 |
Last Updated: January 2, 2026, 7:02 am
Below is a detailed analysis of the quarterly data for Berger Paints India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 2,827.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,201.00 Cr. (Jun 2025) to 2,827.00 Cr., marking a decrease of 374.00 Cr..
- For Expenses, as of Sep 2025, the value is 2,475.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,672.00 Cr. (Jun 2025) to 2,475.00 Cr., marking a decrease of 197.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 352.00 Cr.. The value appears to be declining and may need further review. It has decreased from 528.00 Cr. (Jun 2025) to 352.00 Cr., marking a decrease of 176.00 Cr..
- For OPM %, as of Sep 2025, the value is 12.00%. The value appears to be declining and may need further review. It has decreased from 17.00% (Jun 2025) to 12.00%, marking a decrease of 5.00%.
- For Other Income, as of Sep 2025, the value is 37.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Jun 2025) to 37.00 Cr., marking an increase of 34.00 Cr..
- For Interest, as of Sep 2025, the value is 17.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Jun 2025) to 17.00 Cr., marking an increase of 3.00 Cr..
- For Depreciation, as of Sep 2025, the value is 97.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 94.00 Cr. (Jun 2025) to 97.00 Cr., marking an increase of 3.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 275.00 Cr.. The value appears to be declining and may need further review. It has decreased from 423.00 Cr. (Jun 2025) to 275.00 Cr., marking a decrease of 148.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 25.00%.
- For Net Profit, as of Sep 2025, the value is 206.00 Cr.. The value appears to be declining and may need further review. It has decreased from 315.00 Cr. (Jun 2025) to 206.00 Cr., marking a decrease of 109.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 1.77. The value appears to be declining and may need further review. It has decreased from 2.70 (Jun 2025) to 1.77, marking a decrease of 0.93.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:34 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,732 | 4,170 | 4,223 | 4,552 | 5,166 | 6,062 | 6,366 | 6,818 | 8,762 | 10,568 | 11,199 | 11,545 | 11,707 |
| Expenses | 3,300 | 3,659 | 3,578 | 3,833 | 4,359 | 5,127 | 5,313 | 5,635 | 7,431 | 9,090 | 9,338 | 9,688 | 9,927 |
| Operating Profit | 431 | 511 | 645 | 719 | 807 | 935 | 1,053 | 1,182 | 1,331 | 1,478 | 1,861 | 1,856 | 1,780 |
| OPM % | 12% | 12% | 15% | 16% | 16% | 15% | 17% | 17% | 15% | 14% | 17% | 16% | 15% |
| Other Income | 36 | 36 | 40 | 108 | 46 | 60 | 69 | 51 | 68 | 48 | 105 | 129 | 94 |
| Interest | 47 | 50 | 27 | 16 | 25 | 47 | 47 | 44 | 51 | 99 | 78 | 63 | 63 |
| Depreciation | 71 | 92 | 99 | 108 | 124 | 182 | 191 | 211 | 227 | 264 | 331 | 354 | 369 |
| Profit before tax | 350 | 404 | 559 | 703 | 705 | 765 | 883 | 979 | 1,122 | 1,162 | 1,557 | 1,568 | 1,442 |
| Tax % | 29% | 34% | 34% | 33% | 35% | 35% | 26% | 26% | 26% | 26% | 25% | 25% | |
| Net Profit | 249 | 265 | 371 | 474 | 461 | 494 | 656 | 720 | 833 | 860 | 1,170 | 1,183 | 1,080 |
| EPS in Rs | 2.14 | 2.27 | 3.18 | 4.07 | 3.95 | 4.24 | 5.64 | 6.17 | 7.14 | 7.37 | 10.02 | 10.12 | 9.25 |
| Dividend Payout % | 31% | 33% | 31% | 36% | 38% | 37% | 32% | 38% | 36% | 36% | 35% | 38% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 6.43% | 40.00% | 27.76% | -2.74% | 7.16% | 32.79% | 9.76% | 15.69% | 3.24% | 36.05% | 1.11% |
| Change in YoY Net Profit Growth (%) | 0.00% | 33.57% | -12.24% | -30.51% | 9.90% | 25.64% | -23.04% | 5.94% | -12.45% | 32.81% | -34.94% |
Berger Paints India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 10% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 13% |
| 3 Years: | 12% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 3% |
| 3 Years: | -1% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 22% |
| 3 Years: | 21% |
| Last Year: | 20% |
Last Updated: September 5, 2025, 12:40 am
Balance Sheet
Last Updated: December 4, 2025, 1:02 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 69 | 69 | 69 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 117 | 117 | 117 |
| Reserves | 1,051 | 1,191 | 1,493 | 1,804 | 2,097 | 2,347 | 2,563 | 3,280 | 3,830 | 4,397 | 5,262 | 6,038 | 6,163 |
| Borrowings | 624 | 610 | 354 | 406 | 422 | 753 | 767 | 634 | 1,014 | 1,189 | 753 | 670 | 697 |
| Other Liabilities | 851 | 846 | 960 | 1,132 | 1,326 | 1,360 | 1,472 | 1,907 | 2,271 | 2,283 | 2,236 | 2,300 | 2,480 |
| Total Liabilities | 2,595 | 2,716 | 2,877 | 3,440 | 3,943 | 4,557 | 4,900 | 5,918 | 7,211 | 7,966 | 8,368 | 9,125 | 9,457 |
| Fixed Assets | 864 | 931 | 963 | 1,136 | 1,267 | 1,583 | 1,916 | 2,044 | 2,187 | 3,332 | 3,500 | 3,677 | 3,743 |
| CWIP | 133 | 100 | 51 | 62 | 97 | 170 | 178 | 107 | 606 | 111 | 189 | 125 | 216 |
| Investments | 91 | 134 | 348 | 472 | 333 | 395 | 315 | 356 | 234 | 183 | 255 | 533 | 560 |
| Other Assets | 1,507 | 1,550 | 1,515 | 1,769 | 2,245 | 2,409 | 2,490 | 3,411 | 4,185 | 4,341 | 4,424 | 4,790 | 4,938 |
| Total Assets | 2,595 | 2,716 | 2,877 | 3,440 | 3,943 | 4,557 | 4,900 | 5,918 | 7,211 | 7,966 | 8,368 | 9,125 | 9,457 |
Below is a detailed analysis of the balance sheet data for Berger Paints India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 117.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 117.00 Cr..
- For Reserves, as of Sep 2025, the value is 6,163.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,038.00 Cr. (Mar 2025) to 6,163.00 Cr., marking an increase of 125.00 Cr..
- For Borrowings, as of Sep 2025, the value is 697.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 670.00 Cr. (Mar 2025) to 697.00 Cr., marking an increase of 27.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2,480.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,300.00 Cr. (Mar 2025) to 2,480.00 Cr., marking an increase of 180.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 9,457.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,125.00 Cr. (Mar 2025) to 9,457.00 Cr., marking an increase of 332.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 3,743.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,677.00 Cr. (Mar 2025) to 3,743.00 Cr., marking an increase of 66.00 Cr..
- For CWIP, as of Sep 2025, the value is 216.00 Cr.. The value appears strong and on an upward trend. It has increased from 125.00 Cr. (Mar 2025) to 216.00 Cr., marking an increase of 91.00 Cr..
- For Investments, as of Sep 2025, the value is 560.00 Cr.. The value appears strong and on an upward trend. It has increased from 533.00 Cr. (Mar 2025) to 560.00 Cr., marking an increase of 27.00 Cr..
- For Other Assets, as of Sep 2025, the value is 4,938.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,790.00 Cr. (Mar 2025) to 4,938.00 Cr., marking an increase of 148.00 Cr..
- For Total Assets, as of Sep 2025, the value is 9,457.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,125.00 Cr. (Mar 2025) to 9,457.00 Cr., marking an increase of 332.00 Cr..
Notably, the Reserves (6,163.00 Cr.) exceed the Borrowings (697.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -193.00 | -99.00 | 291.00 | 313.00 | 385.00 | 182.00 | -766.00 | -633.00 | 0.00 | 0.00 | -752.00 | -669.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 47 | 47 | 46 | 49 | 40 | 41 | 55 | 44 | 43 | 42 | 49 |
| Inventory Days | 122 | 104 | 108 | 153 | 140 | 138 | 142 | 174 | 178 | 142 | 134 | 143 |
| Days Payable | 95 | 81 | 99 | 124 | 133 | 112 | 118 | 161 | 139 | 108 | 103 | 105 |
| Cash Conversion Cycle | 74 | 70 | 56 | 75 | 56 | 67 | 65 | 67 | 83 | 77 | 73 | 86 |
| Working Capital Days | 2 | 17 | 26 | 33 | 37 | 31 | 28 | 43 | 34 | 31 | 46 | 53 |
| ROCE % | 24% | 25% | 30% | 31% | 29% | 27% | 28% | 27% | 26% | 24% | 28% | 25% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Large & Midcap Fund | 17,023,856 | 2.59 | 961.17 | N/A | N/A | N/A |
| SBI Multicap Fund | 8,718,643 | 2.05 | 492.25 | N/A | N/A | N/A |
| SBI Midcap Fund | 8,544,000 | 2.07 | 482.39 | N/A | N/A | N/A |
| Nippon India Multi Cap Fund | 5,550,154 | 0.63 | 313.36 | 5,280,848 | 2025-12-15 00:09:57 | 5.1% |
| UTI Flexi Cap Fund | 4,693,000 | 1.04 | 264.97 | 5,018,000 | 2025-12-15 00:09:57 | -6.48% |
| SBI ELSS Tax Saver Fund | 3,192,103 | 0.56 | 180.23 | N/A | N/A | N/A |
| SBI Consumption Opportunities Fund | 2,350,172 | 4.12 | 132.69 | N/A | N/A | N/A |
| UTI Mid Cap Fund | 2,300,000 | 1.08 | 129.86 | N/A | N/A | N/A |
| SBI Flexicap Fund | 1,980,000 | 0.47 | 111.79 | N/A | N/A | N/A |
| Axis Large & Mid Cap Fund | 1,695,127 | 0.61 | 95.71 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 10.13 | 10.02 | 8.86 | 8.58 | 7.41 |
| Diluted EPS (Rs.) | 10.12 | 10.02 | 8.86 | 8.57 | 7.41 |
| Cash EPS (Rs.) | 12.88 | 12.52 | 11.71 | 10.87 | 9.64 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 52.78 | 46.23 | 46.35 | 40.50 | 34.84 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 52.78 | 46.23 | 46.35 | 40.50 | 34.84 |
| Revenue From Operations / Share (Rs.) | 99.02 | 96.06 | 108.79 | 90.21 | 70.19 |
| PBDIT / Share (Rs.) | 16.73 | 16.51 | 15.84 | 14.37 | 12.76 |
| PBIT / Share (Rs.) | 13.69 | 13.67 | 13.12 | 12.04 | 10.59 |
| PBT / Share (Rs.) | 13.15 | 13.00 | 12.10 | 11.51 | 10.13 |
| Net Profit / Share (Rs.) | 9.84 | 9.68 | 8.99 | 8.54 | 7.47 |
| NP After MI And SOA / Share (Rs.) | 10.12 | 10.02 | 8.85 | 8.57 | 7.41 |
| PBDIT Margin (%) | 16.89 | 17.18 | 14.56 | 15.92 | 18.18 |
| PBIT Margin (%) | 13.83 | 14.23 | 12.06 | 13.34 | 15.08 |
| PBT Margin (%) | 13.28 | 13.53 | 11.12 | 12.76 | 14.43 |
| Net Profit Margin (%) | 9.94 | 10.07 | 8.26 | 9.46 | 10.63 |
| NP After MI And SOA Margin (%) | 10.22 | 10.42 | 8.13 | 9.50 | 10.55 |
| Return on Networth / Equity (%) | 19.18 | 21.70 | 19.12 | 21.20 | 21.31 |
| Return on Capital Employeed (%) | 23.64 | 26.54 | 25.53 | 26.80 | 26.56 |
| Return On Assets (%) | 12.92 | 13.95 | 10.78 | 11.54 | 12.15 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Total Debt / Equity (X) | 0.02 | 0.03 | 0.17 | 0.17 | 0.11 |
| Asset Turnover Ratio (%) | 1.32 | 1.37 | 1.30 | 1.23 | 1.17 |
| Current Ratio (X) | 2.05 | 1.83 | 1.40 | 1.42 | 1.71 |
| Quick Ratio (X) | 1.06 | 0.90 | 0.62 | 0.61 | 0.92 |
| Inventory Turnover Ratio (X) | 5.08 | 2.49 | 2.36 | 2.39 | 2.20 |
| Dividend Payout Ratio (NP) (%) | 34.56 | 26.62 | 35.03 | 32.65 | 4.04 |
| Dividend Payout Ratio (CP) (%) | 26.58 | 20.74 | 26.80 | 25.67 | 3.13 |
| Earning Retention Ratio (%) | 65.44 | 73.38 | 64.97 | 67.35 | 95.96 |
| Cash Earning Retention Ratio (%) | 73.42 | 79.26 | 73.20 | 74.33 | 96.87 |
| Interest Coverage Ratio (X) | 30.83 | 24.60 | 15.51 | 27.52 | 28.11 |
| Interest Coverage Ratio (Post Tax) (X) | 19.14 | 15.43 | 9.80 | 17.35 | 17.45 |
| Enterprise Value (Cr.) | 57930.03 | 66553.67 | 57008.30 | 68333.72 | 74221.67 |
| EV / Net Operating Revenue (X) | 5.02 | 5.94 | 5.39 | 7.80 | 10.89 |
| EV / EBITDA (X) | 29.69 | 34.57 | 37.05 | 48.96 | 59.88 |
| MarketCap / Net Operating Revenue (X) | 5.05 | 5.96 | 5.34 | 7.76 | 10.89 |
| Retention Ratios (%) | 65.43 | 73.37 | 64.96 | 67.34 | 95.95 |
| Price / BV (X) | 9.47 | 12.42 | 12.57 | 17.31 | 21.99 |
| Price / Net Operating Revenue (X) | 5.05 | 5.96 | 5.34 | 7.76 | 10.89 |
| EarningsYield | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
After reviewing the key financial ratios for Berger Paints India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 10.13. This value is within the healthy range. It has increased from 10.02 (Mar 24) to 10.13, marking an increase of 0.11.
- For Diluted EPS (Rs.), as of Mar 25, the value is 10.12. This value is within the healthy range. It has increased from 10.02 (Mar 24) to 10.12, marking an increase of 0.10.
- For Cash EPS (Rs.), as of Mar 25, the value is 12.88. This value is within the healthy range. It has increased from 12.52 (Mar 24) to 12.88, marking an increase of 0.36.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 52.78. It has increased from 46.23 (Mar 24) to 52.78, marking an increase of 6.55.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 52.78. It has increased from 46.23 (Mar 24) to 52.78, marking an increase of 6.55.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 99.02. It has increased from 96.06 (Mar 24) to 99.02, marking an increase of 2.96.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 16.73. This value is within the healthy range. It has increased from 16.51 (Mar 24) to 16.73, marking an increase of 0.22.
- For PBIT / Share (Rs.), as of Mar 25, the value is 13.69. This value is within the healthy range. It has increased from 13.67 (Mar 24) to 13.69, marking an increase of 0.02.
- For PBT / Share (Rs.), as of Mar 25, the value is 13.15. This value is within the healthy range. It has increased from 13.00 (Mar 24) to 13.15, marking an increase of 0.15.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 9.84. This value is within the healthy range. It has increased from 9.68 (Mar 24) to 9.84, marking an increase of 0.16.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 10.12. This value is within the healthy range. It has increased from 10.02 (Mar 24) to 10.12, marking an increase of 0.10.
- For PBDIT Margin (%), as of Mar 25, the value is 16.89. This value is within the healthy range. It has decreased from 17.18 (Mar 24) to 16.89, marking a decrease of 0.29.
- For PBIT Margin (%), as of Mar 25, the value is 13.83. This value is within the healthy range. It has decreased from 14.23 (Mar 24) to 13.83, marking a decrease of 0.40.
- For PBT Margin (%), as of Mar 25, the value is 13.28. This value is within the healthy range. It has decreased from 13.53 (Mar 24) to 13.28, marking a decrease of 0.25.
- For Net Profit Margin (%), as of Mar 25, the value is 9.94. This value is within the healthy range. It has decreased from 10.07 (Mar 24) to 9.94, marking a decrease of 0.13.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 10.22. This value is within the healthy range. It has decreased from 10.42 (Mar 24) to 10.22, marking a decrease of 0.20.
- For Return on Networth / Equity (%), as of Mar 25, the value is 19.18. This value is within the healthy range. It has decreased from 21.70 (Mar 24) to 19.18, marking a decrease of 2.52.
- For Return on Capital Employeed (%), as of Mar 25, the value is 23.64. This value is within the healthy range. It has decreased from 26.54 (Mar 24) to 23.64, marking a decrease of 2.90.
- For Return On Assets (%), as of Mar 25, the value is 12.92. This value is within the healthy range. It has decreased from 13.95 (Mar 24) to 12.92, marking a decrease of 1.03.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.02. This value is within the healthy range. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.32. It has decreased from 1.37 (Mar 24) to 1.32, marking a decrease of 0.05.
- For Current Ratio (X), as of Mar 25, the value is 2.05. This value is within the healthy range. It has increased from 1.83 (Mar 24) to 2.05, marking an increase of 0.22.
- For Quick Ratio (X), as of Mar 25, the value is 1.06. This value is within the healthy range. It has increased from 0.90 (Mar 24) to 1.06, marking an increase of 0.16.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.08. This value is within the healthy range. It has increased from 2.49 (Mar 24) to 5.08, marking an increase of 2.59.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 34.56. This value is within the healthy range. It has increased from 26.62 (Mar 24) to 34.56, marking an increase of 7.94.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 26.58. This value is within the healthy range. It has increased from 20.74 (Mar 24) to 26.58, marking an increase of 5.84.
- For Earning Retention Ratio (%), as of Mar 25, the value is 65.44. This value is within the healthy range. It has decreased from 73.38 (Mar 24) to 65.44, marking a decrease of 7.94.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 73.42. This value exceeds the healthy maximum of 70. It has decreased from 79.26 (Mar 24) to 73.42, marking a decrease of 5.84.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 30.83. This value is within the healthy range. It has increased from 24.60 (Mar 24) to 30.83, marking an increase of 6.23.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 19.14. This value is within the healthy range. It has increased from 15.43 (Mar 24) to 19.14, marking an increase of 3.71.
- For Enterprise Value (Cr.), as of Mar 25, the value is 57,930.03. It has decreased from 66,553.67 (Mar 24) to 57,930.03, marking a decrease of 8,623.64.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 5.02. This value exceeds the healthy maximum of 3. It has decreased from 5.94 (Mar 24) to 5.02, marking a decrease of 0.92.
- For EV / EBITDA (X), as of Mar 25, the value is 29.69. This value exceeds the healthy maximum of 15. It has decreased from 34.57 (Mar 24) to 29.69, marking a decrease of 4.88.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.05. This value exceeds the healthy maximum of 3. It has decreased from 5.96 (Mar 24) to 5.05, marking a decrease of 0.91.
- For Retention Ratios (%), as of Mar 25, the value is 65.43. This value is within the healthy range. It has decreased from 73.37 (Mar 24) to 65.43, marking a decrease of 7.94.
- For Price / BV (X), as of Mar 25, the value is 9.47. This value exceeds the healthy maximum of 3. It has decreased from 12.42 (Mar 24) to 9.47, marking a decrease of 2.95.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.05. This value exceeds the healthy maximum of 3. It has decreased from 5.96 (Mar 24) to 5.05, marking a decrease of 0.91.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Berger Paints India Ltd:
- Net Profit Margin: 9.94%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 23.64% (Industry Average ROCE: 23.02%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 19.18% (Industry Average ROE: 20.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 19.14
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.06
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 55.3 (Industry average Stock P/E: 47.66)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.02
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 9.94%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Paints/Varnishes | Berger House, 129, Park Street, Kolkata West Bengal 700017 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kuldip Singh Dhingra | Chairman Emeritus |
| Ms. Rishma Kaur | Chairman |
| Mr. Gurbachan Singh Dhingra | Vice Chairman - Emeritus |
| Mr. Abhijit Roy | Managing Director |
| Mr. Kanwardip Singh Dhingra | Vice Chairman |
| Mrs. Sonu Halan Bhasin | Independent Director |
| Dr. Anoop Kumar Mittal | Independent Director |
| Mr. Anoop Hoon | Independent Director |
| Mr. Gopal Krishna Pillai | Independent Director |
| Mr. Subir Bose | Independent Director |
FAQ
What is the intrinsic value of Berger Paints India Ltd?
Berger Paints India Ltd's intrinsic value (as of 04 January 2026) is ₹487.59 which is 6.95% lower the current market price of ₹524.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹61,106 Cr. market cap, FY2025-2026 high/low of ₹605/443, reserves of ₹6,163 Cr, and liabilities of ₹9,457 Cr.
What is the Market Cap of Berger Paints India Ltd?
The Market Cap of Berger Paints India Ltd is 61,106 Cr..
What is the current Stock Price of Berger Paints India Ltd as on 04 January 2026?
The current stock price of Berger Paints India Ltd as on 04 January 2026 is ₹524.
What is the High / Low of Berger Paints India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Berger Paints India Ltd stocks is ₹605/443.
What is the Stock P/E of Berger Paints India Ltd?
The Stock P/E of Berger Paints India Ltd is 55.3.
What is the Book Value of Berger Paints India Ltd?
The Book Value of Berger Paints India Ltd is 53.9.
What is the Dividend Yield of Berger Paints India Ltd?
The Dividend Yield of Berger Paints India Ltd is 0.73 %.
What is the ROCE of Berger Paints India Ltd?
The ROCE of Berger Paints India Ltd is 24.9 %.
What is the ROE of Berger Paints India Ltd?
The ROE of Berger Paints India Ltd is 20.3 %.
What is the Face Value of Berger Paints India Ltd?
The Face Value of Berger Paints India Ltd is 1.00.
