Live Berger Paints India Share Price Chart

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VOL 1712

Berger Paints India Performance

Days Range

Low: ₹506.00
High: ₹510.00
Previous Close ₹506.35
Open ₹509.80
Volume 4,27,636
Day’s Range ₹506.00 - ₹510.00
52W Range ₹489.21 - ₹679.75
Market Cap ₹59,047 Cr

Berger Paints India Fundamentals

ROCE (TTM) 24.52
P/E Ratio (TTM) 52.22
P/B Ratio 12.19
Industry P/E 47.58
Debt to Equity 0.24
ROE 21.33
EPS (TTM) 9.7
Dividend Yield 0.53
Book Value 41.53
Face Value 1

Berger Paints India Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales2,443.633,029.512,767.32,881.83
Expenses2,149.282,550.972,376.522,484.7
Profit before tax257.93476.18388.81397.85
Operating Profit186.01354.91292.13300.16
Net Profit186.01354.91292.13300.16
EPS in Rs1.913.652.52.57

About Berger Paints India

History of Berger Paints India Limited

Incorporated in 1923 as Hadfield’s (India) Limited, Berger Paints is one of India’s leading paint manufacturing companies. Hadfield’s (India) Limited started its operations in India with just one factory in West Bengal. In 1947, it was acquired by British Paints (Holdings) Limited, UK and changed its name to British Paints (India) Limited. In 1983, the company was renamed as Berger Paints India Limited. Presently, the Delhi-based Dhingra brothers hold a majority stake in the company. 

In 1996, the company released its IPO and is currently listed on the National Stock Exchange of India Limited (NSE), BSE Limited and the Calcutta Stock Exchange Limited. Berger Paints India Limited is a part of several benchmark indices like Nifty 100, Nifty 500, etc. 

In 2000, the company entered the Nepal market by acquiring Jenson & Nicholson, Nepal and renamed it Berger Jenson & Nicholson, Nepal. The company entered a partnership in 2007, signing a Joint Venture with Nippon Bee Chemical Co Ltd of Japan to manufacture and sell coatings for plastic substrates utilised in automobiles and related parts. In 2012, they entered the new chemical business. The company expanded its product base year by year. 

As of March 2023, Berger Paints India Limited is the 2nd largest paint company in India, the 4th largest paint company in Asia and the 7th largest paint company in the world. The company has a consented manufacturing capacity of 12,72,705 Kiloliters per Metric Ton (KL-MT) with 184 warehouses. They have 29 paint manufacturing facilities, of which 25 are in India, 2 in Nepal, 1 in Poland and 1 in Russia. They have a strong distribution network of more than 60,000 dealers and retailers. 

Business Segments of Berger Paints India Limited

The primary business segments of the company are:

  • Decorative Products: Under this segment, the company offers various paint products for interior walls, exterior walls, waterproofing solutions, wood finishers, metal finishers, and much more. The products include Silk Glamor High Sheen, Easy Clean, Luxol 7 in 1, Luxol High Gloss Enamel, WeatherCoat Long Life 10, Bison Wall Putty, and more. 
  • Industrial Products: Under this, the company offers products for industrial uses like general industry, which includes exterior building materials, electric home appliances, etc. They also offer powder coatings and protective coatings. 

As of March 31, 2023, there are 5 wholly-owned subsidiary companies under Berger Paints India Limited. A few of them are as follows:

  • Beepee Coatings Private Limited: This company manufactures and supplies paints, resins, varnishes, etc. 
  • Berger Jenson & Nicholson (Nepal) Private Limited: This company manufactures and sells construction chemicals and decorative and industrial coatings in Nepal.
  • SBL Specialty Coatings Private Limited: This company is in technical collaboration with a Korean company and manufactures Neostone, which is NonPTFE based Non-Stick Ceramic coatings.

Key Personalities of Berger Paints India Limited

Abhijit Roy, Managing Director and Chief Executive Officer (CEO)

Abhijit Roy has been the Managing Director and CEO of Berger Paints India Limited since July 2012. He started his professional career with Asian Paints Limited, and before joining Berger Paints India, he was working at L’oreal. 

Corporate Actions of Berger Paints India Limited

Berger Paints India Limited announced bonus shares as follows:

  • The bonus ratio was 2:5, with an ex-date of July 15, 2016, and a record date of July 18, 2016.   
  • The bonus ratio was 1:5, with an ex-date of September 22, 2023, and a record date of September 23, 2023.   

SWOT Analysis of Berger Paints India Limited

Strengths

  • Provides various products that cater to residential and industrial consumers. 
  • Has been in the market for about 100 years. 

Weakness

  • Revenue is dependent only on the paint business. 

Opportunities 

  • Offer eco-friendly products. 
  • The construction and housing industry is set to expand more, giving opportunities to the paint companies. 

Threats 

  • Water is an important resource in manufacturing units, and water scarcity can delay operations.
Parent Organisation Dhingra
Founded 1923
Managing Director Kuldip Singh Dhingra
NSE Symbol BERGEPAINT

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Berger Paints India FAQs

What is the Share price of Berger Paints India (BERGEPAINT)?

Berger Paints India (BERGEPAINT) share price as of April 24, 2024, on NSE is Rs 506.95 (NSE) and Rs 507.25 (BSE) on BSE.

Can I buy Berger Paints India (BERGEPAINT) shares?

Yes, You can buy Berger Paints India (BERGEPAINT) shares by opening a Demat account with Angel One.

How do I buy Berger Paints India (BERGEPAINT) from Angel One?

Berger Paints India (BERGEPAINT) share can be brought through the following modes:
  1. Direct investment: You can buy Berger Paints India (BERGEPAINT) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Berger Paints India (BERGEPAINT) shares.

Who are the promoters of Berger Paints?

The key promoters of Berger Paints are U K Paints India Pvt.Ltd., Jenson & Nicholson (Asia) Ltd., Citland Commercial Credits Ltd., Wang Investment Finance Pvt.Ltd., KSD Family Trust, GBS Dhingra Family Trust and Bigg Investment & Finance Pvt. Ltd.

What are the Subsidiaries that comes under Berger Paints?

The subsidiaries that come under Berger Paints are Beepee Coatings, Berger Jenson & Nicholson (Nepal), Berger Paints (Cyprus) and Berger Paints Overseas.

What is the total Asset of Berger Paints?

The total asset of Berger Paints is Rs. 7,211 Crores.

What is the main business of Berger Paints?

The main business of Berger Paints is manufacturing and selling of paints, varnishes and enamels for various applications. They offer a variety of innovative painting solutions, both decorative and industrial.