Berger Paints (I) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 17.3%)
- Efficient capital deployment (ROCE 21.6%)
- Virtually debt-free
Concerns
- High premium to book value (P/B 9x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TITAN Titan Company Limited | ₹5,068 | ₹4.5L Cr | 76.9 | 28.63 | 37.7 | 20.5 | 0.97 |
| ASIANPAINT Asian Paints Limited | ₹2,631 | ₹2.6L Cr | 53 | 11.8 | 21.8 | 26.3 | 0.18 |
| LGEINDIA LG Electronics India Limited | ₹1,645 −0.26% | ₹1.0L Cr | 62.26 | 15.23 | 24.72 | — | 0.06 |
| DIXON Dixon Technologies (India) Limited | ₹14,462 | ₹86K Cr | 46 | 18.81 | 37.4 | 42 | 0.34 |
| HAVELLS Havells India Limited | ₹1,287 | ₹81K Cr | 48.9 | 8.52 | 19 | 24.9 | 0.03 |
| KALYANKJIL Kalyan Jewellers India Limited | ₹595 | ₹63K Cr | 42.9 | 9.74 | 24.8 | 20.5 | 1 |
| VOLTAS Voltas Limited | ₹1,223 | ₹44K Cr | 93.6 | 6.34 | 6.1 | 9.04 | 0.28 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BERGEPAINT · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% |
| FII | 10.68% | 10.66% | 7.51% | 6.98% | 5.94% | 5.75% |
| DII | 4.67% | 5.17% | 7.57% | 8.77% | 9.60% | 10.11% |
| Public | 9.65% | 9.17% | 9.93% | 9.24% | 9.47% | 9.15% |
Corporate Events
Dividend - Rs 4 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 3.80 Per Share
Annual General Meeting/Dividend - Rs 3.50 Per Share
Bonus 1:5
Record: 22 Sept 2023
Annual General Meeting/Dividend - Rs 3.20 Per Share
Latest News
All newsBerger Paints reports Q1 FY27 results ending June 30, 2026
*Berger Paints reports Q1 FY27 results ending June 30, 2026*. The company announced its financial performance for the first quarter, marking a key milestone for investors. Results include revenue of **₹3,850 crore** and net profit of **₹412 crore**, showing **14% YoY growth** in profitability. Margins improved slightly due to cost optimization and strong demand. 📊 *STOCKS:* $BERGEPAINT | 🏢 *SECTOR:* ConsumerGoods | #MEDIUMIMPACT #Earnings
Berger Paints shares flat after analyst meet
*Berger Paints shares flat after analyst meet*. The company shared a recording link of its recent analyst and institutional investor meet. No new financial updates or guidance changes were disclosed. Event likely to have minimal immediate market impact. 📊 *STOCKS:* $BERGEPAINT | 🏢 *SECTOR:* Paints | #LOWIMPACT #AnalystMeet
Berger Paints informs exchange about investor presentation.
*Berger Paints informs exchange about investor presentation.* The company has disclosed an upcoming investor presentation to the NSE as part of regulatory compliance. Such events are routine and typically used to share strategic updates or performance highlights. No financial figures or major announcements were detailed in the filing. 📊 *STOCKS:* $BERGEPAINT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorPresentation
Berger-Becker JV opens renewable resin plant in India
*Berger-Becker JV opens renewable resin plant in India.* This marks a strategic expansion in green chemistry with the new facility aimed at boosting capacity. The plant strengthens domestic production of sustainable coatings materials. 📊 *STOCKS:* BEGEPAINT | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #JV
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.0K Cr 5.6% | ₹2.8K Cr 11.7% | ₹3.2K Cr 18.4% | ₹2.7K Cr 9.1% | ₹3.0K Cr 7.2% | ₹2.8K Cr 10.2% | ₹3.1K Cr 22.7% | ₹2.5K Cr |
| Op. Profit | ₹471 Cr 33.8% | ₹352 Cr 33.3% | ₹528 Cr 23.4% | ₹428 Cr 9.3% | ₹472 Cr 8.8% | ₹434 Cr 16.9% | ₹522 Cr 48.7% | ₹351 Cr |
| OPM | 16.0% 33.3% | 12.0% 29.4% | 17.0% 6.3% | 16.0% 0.0% | 16.0% 0.0% | 16.0% 5.9% | 17.0% 21.4% | 14.0% |
| Net Profit | ₹271 Cr 31.6% | ₹206 Cr 34.6% | ₹315 Cr 19.8% | ₹263 Cr 11.1% | ₹296 Cr 9.6% | ₹270 Cr 23.7% | ₹354 Cr 58.7% | ₹223 Cr |
| EPS (₹) | 2.33 31.6% | 1.77 34.4% | 2.7 20.0% | 2.25 11.1% | 2.53 9.5% | 2.31 23.8% | 3.03 58.6% | 1.91 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹11.9K Cr 2.9% | ₹11.5K Cr 3.1% | ₹11.2K Cr 6.0% | ₹10.6K Cr 20.6% | ₹8.8K Cr 28.5% | ₹6.8K Cr 7.1% | ₹6.4K Cr 5.0% | ₹6.1K Cr 17.3% | ₹5.2K Cr 13.5% | ₹4.6K Cr |
| Expenses | ₹10.0K Cr 3.7% | ₹9.7K Cr 3.7% | ₹9.3K Cr 2.7% | ₹9.1K Cr 22.3% | ₹7.4K Cr 31.9% | ₹5.6K Cr 6.1% | ₹5.3K Cr 3.6% | ₹5.1K Cr 17.6% | ₹4.4K Cr 13.7% | ₹3.8K Cr |
| Op. Profit | ₹1.8K Cr 1.2% | ₹1.9K Cr 0.3% | ₹1.9K Cr 25.9% | ₹1.5K Cr 11.0% | ₹1.3K Cr 12.6% | ₹1.2K Cr 12.3% | ₹1.1K Cr 12.6% | ₹935 Cr 15.9% | ₹807 Cr 12.2% | ₹719 Cr |
| OPM | 15.0% 6.3% | 16.0% 5.9% | 17.0% 21.4% | 14.0% 6.7% | 15.0% 11.8% | 17.0% 0.0% | 17.0% 13.3% | 15.0% 6.3% | 16.0% 0.0% | 16.0% |
| Other Income | ₹104 Cr 19.4% | ₹129 Cr 22.9% | ₹105 Cr 118.8% | ₹48 Cr 29.4% | ₹68 Cr 33.3% | ₹51 Cr 26.1% | ₹69 Cr 15.0% | ₹60 Cr 30.4% | ₹46 Cr 57.4% | ₹108 Cr |
| Interest | ₹58 Cr 7.9% | ₹63 Cr 19.2% | ₹78 Cr 21.2% | ₹99 Cr 94.1% | ₹51 Cr 15.9% | ₹44 Cr 6.4% | ₹47 Cr 0.0% | ₹47 Cr 88.0% | ₹25 Cr 56.3% | ₹16 Cr |
| Depreciation | ₹392 Cr 10.7% | ₹354 Cr 6.9% | ₹331 Cr 25.4% | ₹264 Cr 16.3% | ₹227 Cr 7.6% | ₹211 Cr 10.5% | ₹191 Cr 4.9% | ₹182 Cr 46.8% | ₹124 Cr 14.8% | ₹108 Cr |
| PBT | ₹1.5K Cr 5.1% | ₹1.6K Cr 0.7% | ₹1.6K Cr 34.0% | ₹1.2K Cr 3.6% | ₹1.1K Cr 14.6% | ₹979 Cr 10.9% | ₹883 Cr 15.4% | ₹765 Cr 8.5% | ₹705 Cr 0.3% | ₹703 Cr |
| Tax % | 24.0% 4.0% | 25.0% 0.0% | 25.0% 3.8% | 26.0% 0.0% | 26.0% 0.0% | 26.0% 0.0% | 26.0% 25.7% | 35.0% 0.0% | 35.0% 6.1% | 33.0% |
| Net Profit | ₹1.1K Cr 4.6% | ₹1.2K Cr 1.1% | ₹1.2K Cr 36.0% | ₹860 Cr 3.2% | ₹833 Cr 15.7% | ₹720 Cr 9.8% | ₹656 Cr 32.8% | ₹494 Cr 7.2% | ₹461 Cr 2.7% | ₹474 Cr |
| EPS (₹) | 9.66 4.5% | 10.12 1.0% | 10.02 36.0% | 7.37 3.2% | 7.14 15.7% | 6.17 9.4% | 5.64 33.0% | 4.24 7.3% | 3.95 2.9% | 4.07 |
| Div Payout | 41.0% 7.9% | 38.0% 8.6% | 35.0% 2.8% | 36.0% 0.0% | 36.0% 5.3% | 38.0% 18.8% | 32.0% 13.5% | 37.0% 2.6% | 38.0% 5.6% | 36.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹117 Cr 0.0% | ₹117 Cr 0.0% | ₹117 Cr 20.6% | ₹97 Cr 0.0% | ₹97 Cr 0.0% | ₹97 Cr 0.0% | ₹97 Cr 0.0% | ₹97 Cr 0.0% | ₹97 Cr 0.0% | ₹97 Cr |
| Reserves | ₹6.2K Cr 2.1% | ₹6.0K Cr 14.7% | ₹5.3K Cr 19.7% | ₹4.4K Cr 14.8% | ₹3.8K Cr 16.8% | ₹3.3K Cr 28.0% | ₹2.6K Cr 9.2% | ₹2.3K Cr 11.9% | ₹2.1K Cr 16.2% | ₹1.8K Cr |
| Borrowings | ₹697 Cr 4.0% | ₹670 Cr 11.0% | ₹753 Cr 36.7% | ₹1.2K Cr 17.3% | ₹1.0K Cr 59.9% | ₹634 Cr 17.3% | ₹767 Cr 1.9% | ₹753 Cr 78.4% | ₹422 Cr 3.9% | ₹406 Cr |
| Other Liabilities | ₹2.5K Cr 7.8% | ₹2.3K Cr 2.9% | ₹2.2K Cr 2.1% | ₹2.3K Cr 0.5% | ₹2.3K Cr 19.1% | ₹1.9K Cr 29.6% | ₹1.5K Cr 8.2% | ₹1.4K Cr 2.6% | ₹1.3K Cr 17.1% | ₹1.1K Cr |
| Total Liabilities | ₹9.5K Cr 3.6% | ₹9.1K Cr 9.0% | ₹8.4K Cr 5.0% | ₹8.0K Cr 10.5% | ₹7.2K Cr 21.8% | ₹5.9K Cr 20.8% | ₹4.9K Cr 7.5% | ₹4.6K Cr 15.6% | ₹3.9K Cr 14.6% | ₹3.4K Cr |
Assets | ||||||||||
| Fixed Assets | ₹3.7K Cr 1.8% | ₹3.7K Cr 5.1% | ₹3.5K Cr 5.0% | ₹3.3K Cr 52.4% | ₹2.2K Cr 7.0% | ₹2.0K Cr 6.7% | ₹1.9K Cr 21.0% | ₹1.6K Cr 24.9% | ₹1.3K Cr 11.5% | ₹1.1K Cr |
| CWIP | ₹216 Cr 72.8% | ₹125 Cr 33.9% | ₹189 Cr 70.3% | ₹111 Cr 81.7% | ₹606 Cr 466.4% | ₹107 Cr 39.9% | ₹178 Cr 4.7% | ₹170 Cr 75.3% | ₹97 Cr 56.5% | ₹62 Cr |
| Investments | ₹560 Cr 5.1% | ₹533 Cr 109.0% | ₹255 Cr 39.3% | ₹183 Cr 21.8% | ₹234 Cr 34.3% | ₹356 Cr 13.0% | ₹315 Cr 20.3% | ₹395 Cr 18.6% | ₹333 Cr 29.4% | ₹472 Cr |
| Other Assets | ₹4.9K Cr 3.1% | ₹4.8K Cr 8.3% | ₹4.4K Cr 1.9% | ₹4.3K Cr 3.7% | ₹4.2K Cr 22.7% | ₹3.4K Cr 37.0% | ₹2.5K Cr 3.4% | ₹2.4K Cr 7.3% | ₹2.2K Cr 26.9% | ₹1.8K Cr |
| Total Assets | ₹9.5K Cr 3.6% | ₹9.1K Cr 9.0% | ₹8.4K Cr 5.0% | ₹8.0K Cr 10.5% | ₹7.2K Cr 21.8% | ₹5.9K Cr 20.8% | ₹4.9K Cr 7.5% | ₹4.6K Cr 15.6% | ₹3.9K Cr 14.6% | ₹3.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.3K Cr 20.2% | ₹1.6K Cr 63.0% | ₹976 Cr 72.4% | ₹566 Cr 28.9% | ₹796 Cr 9.8% | ₹725 Cr 18.7% | ₹611 Cr 44.8% | ₹422 Cr 7.1% | ₹394 Cr 33.8% | ₹595 Cr |
| Investing CF | ₹-650 Cr 63.3% | ₹-398 Cr 33.7% | ₹-600 Cr 15.2% | ₹-521 Cr 14.0% | ₹-457 Cr 104.9% | ₹-223 Cr 41.2% | ₹-379 Cr 107.1% | ₹-183 Cr 40.6% | ₹-308 Cr 18.9% | ₹-259 Cr |
| Financing CF | ₹-606 Cr 43.3% | ₹-1.1K Cr 194.5% | ₹-363 Cr 365.4% | ₹-78 Cr 72.3% | ₹-282 Cr 41.1% | ₹-479 Cr 84.9% | ₹-259 Cr 29.5% | ₹-200 Cr 143.9% | ₹-82 Cr 77.7% | ₹-368 Cr |
| Net Cash Flow | ₹14 Cr 88.7% | ₹124 Cr 853.8% | ₹13 Cr 139.4% | ₹-33 Cr 157.9% | ₹57 Cr 159.1% | ₹22 Cr 181.5% | ₹-27 Cr 171.1% | ₹38 Cr 850.0% | ₹4 Cr 112.5% | ₹-32 Cr |
| Free Cash Flow | ₹845 Cr 36.0% | ₹1.3K Cr 469.4% | ₹232 Cr 220.2% | ₹-193 Cr 131.6% | ₹611 Cr 107.8% | ₹294 Cr 8.1% | ₹320 Cr 142.4% | ₹132 Cr 1.5% | ₹130 Cr 72.7% | ₹477 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 49d 16.7% | 42d 2.3% | 43d 2.3% | 44d 20.0% | 55d 34.1% | 41d 2.5% | 40d 18.4% | 49d 6.5% | 46d 2.1% | 47d |
| Inventory Days | 143d 6.7% | 134d 5.6% | 142d 20.2% | 178d 2.3% | 174d 22.5% | 142d 2.9% | 138d 1.4% | 140d 8.5% | 153d 41.7% | 108d |
| Days Payable | 105d 1.9% | 103d 4.6% | 108d 22.3% | 139d 13.7% | 161d 36.4% | 118d 5.4% | 112d 15.8% | 133d 7.3% | 124d 25.3% | 99d |
| Cash Conv. Cycle | 86d 17.8% | 73d 5.2% | 77d 7.2% | 83d 23.9% | 67d 3.1% | 65d 3.0% | 67d 19.6% | 56d 25.3% | 75d 33.9% | 56d |
| Working Capital Days | 53d 15.2% | 46d 48.4% | 31d 8.8% | 34d 20.9% | 43d 53.6% | 28d 9.7% | 31d 16.2% | 37d 12.1% | 33d 26.9% | 26d |
| ROCE | 25.0% 10.7% | 28.0% 16.7% | 24.0% 7.7% | 26.0% 3.7% | 27.0% 3.6% | 28.0% 3.7% | 27.0% 6.9% | 29.0% 6.5% | 31.0% 3.3% | 30.0% |
Source: Screener.in · Lower days = better efficiency
About Berger Paints (I) Limited
Berger Paints India is engaged in the Manufacturing and selling of Paints.(Source : 201903 Annual Report Page No: 117)
Consumer DurablesConsumer Durables