BERGEPAINT

Berger Paints (India) Share Price

₹513.4
-11.1 (-2.12%)
  • Advice
  • Hold
06 November, 2024 02:49 BSE: 509480 NSE: BERGEPAINT ISIN: INE463A01038

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Berger Paints (India) Performance

Day Range

  • Low 510
  • High 527
₹ 513

52 Week Range

  • Low 439
  • High 630
₹ 513
  • Open Price525
  • Previous Close525
  • Volume1320133

Berger Paints (India) Chart

  • Over 1 Month -11.01%
  • Over 3 Month -6.7%
  • Over 6 Month -1.88%
  • Over 1 Year -7.19%

Berger Paints (India) Key Statistics

P/E Ratio 52.3
PEG Ratio 4.8
Market Cap Cr 59,847
Price to Book Ratio 11.1
EPS 8.7
Dividend 0.7
Relative Strength Index 26.32
Money Flow Index 30.78
MACD Signal -13.75
Average True Range 15.05

Berger Paints (India) Investment Rating

  • Master Rating:
  • Berger Paints India Limited is the second-largest paint company in India, known for its innovative products and consistent growth. The company manufactures a wide range of coatings and chemicals, serving both interior and exterior applications.

    Berger Paints India has an operating revenue of Rs. 11,260.42 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 14% is healthy, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 68 which is a FAIR score but needs to improve its earnings, a RS Rating of 27 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 108 indicates it belongs to a poor industry group of Chemicals-Paints and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

    Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Berger Paints (India) Financials
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,4312,8062,2492,5742,4402,7402,189
Operating Expenses Qtr Cr 2,0472,3231,9242,1452,0372,2261,847
Operating Profit Qtr Cr 383484325430403514343
Depreciation Qtr Cr 80787874757067
Interest Qtr Cr 13121516171726
Tax Qtr Cr 7910564928311367
Net Profit Qtr Cr 229306182263244326196
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 10,0609,548
Operating Expenses Annual Cr 8,3318,125
Operating Profit Annual in Cr 1,6721,346
Depreciation Cr 297234
Interest Annual Cr 6586
Tax Annual Cr 352274
Net Profit Annual Cr 1,015828
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,483934
Cash from Investing Activity Annual Cr -296-659
Cash from Financing Annual Activity Cr -1,092-284
Net Cash Flow Annual Cr 94-9
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5,0054,295
Fixed Assets Annual Cr 3,0132,819
Total Non Current Assets Annual Cr 3,9583,800
Total Current Assets Annual Cr 3,6243,600
Total Assets Annual Cr 7,5827,400
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4344
ROE Annual % 2019
ROCE Annual % 2625
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1715
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,7753,0912,5202,8822,7673,0302,444
Operating Expenses Qtr Cr 2,3402,5692,1692,4022,2942,4732,075
Operating Profit Qtr Cr 434522351480474557369
Depreciation Qtr Cr 89878783837874
Interest Qtr Cr 17151820212029
Tax Qtr Cr 8811271989712172
Net Profit Qtr Cr 270354222300292354186
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 11,26310,619
Operating Expenses Annual Cr 9,3389,081
Operating Profit Annual in Cr 1,8611,487
Depreciation Cr 331264
Interest Annual Cr 7899
Tax Annual Cr 387302
Net Profit Annual Cr 1,168859
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,591976
Cash from Investing Activity Annual Cr -398-600
Cash from Financing Annual Activity Cr -1,069-363
Net Cash Flow Annual Cr 12413
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5,3794,494
Fixed Assets Annual Cr 3,3843,160
Total Non Current Assets Annual Cr 4,0513,803
Total Current Assets Annual Cr 4,3184,164
Total Assets Annual Cr 8,3697,967
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4646
ROE Annual % 2219
ROCE Annual % 2726
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1715

Berger Paints (India) Technicals

EMA & SMA

Current Price
₹513.4
-11.1 (-2.12%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹548.87
  • 50 Day
  • ₹562.57
  • 100 Day
  • ₹558.49
  • 200 Day
  • ₹553.33
  • 20 Day
  • ₹550.16
  • 50 Day
  • ₹581.10
  • 100 Day
  • ₹554.73
  • 200 Day
  • ₹545.83

Berger Paints (India) Resistance and Support

PIVOT
₹516.9
Resistance
First Resistance 523.80
Second Resistance 534.20
Third Resistance 541.10
RSI 26.32
MFI 30.78
MACD Single Line -13.75
MACD -16.09
Support
First Support 506.50
Second Support 499.60
Third Supoort 489.20

Berger Paints (India) Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,368,172 42,468,059 31.04
Week 955,131 39,762,095 41.63
1 Month 917,012 37,056,448 40.41
6 Month 2,034,714 107,392,186 52.78

Berger Paints (India) Result Highlights

Berger Paints (India) Synopsis

NSE-Chemicals-Paints

Berger Paints India Limited is a leading player in the Indian paint industry, consistently recognized as the second-largest paint company in the country. The company offers a diverse portfolio of products, including interior and exterior wall coatings, metal and wood paints, protective coatings, undercoats, and construction chemicals. With a strong commitment to innovation and corporate responsibility, Berger Paints not only delivers high-quality products but also focuses on creating a positive impact on society and the environment. The company fosters an inclusive and empowering workplace culture, emphasizing ethical practices, transparency, and employee growth. Berger Paints continues to inspire beautiful spaces across India.
Market Cap 62,575
Sales 10,069
Shares in Float 29.14
No of funds 229
Yield 0.65
Book Value 12.5
U/D Vol ratio 1.8
LTDebt / Equity
Alpha -0.09
Beta 0.77

Berger Paints (India) Shareholding Pattern

Owner NameSep-24Jun-24Mar-24Dec-23
Promoters 74.99%74.99%74.99%74.99%
Mutual Funds 3.82%3.19%0.87%1.07%
Insurance Companies 4.92%4.33%4.18%3.36%
Foreign Portfolio Investors 6.98%7.51%10.66%10.68%
Financial Institutions/ Banks 0.02%0.01%0.01%0.01%
Individual Investors 6.57%7.02%6.34%6.81%
Others 2.7%2.95%2.95%3.08%

Berger Paints (India) Management

Name Designation
Mr. Kuldip Singh Dhingra Chairman
Mr. Gurbachan Singh Dhingra Vice Chairman
Mr. Abhijit Roy Managing Director
Ms. Rishma Kaur Executive Director
Mr. Kanwardip Singh Dhingra Executive Director
Mrs. Sonu Halan Bhasin Independent Director
Mr. Naresh Gujral Independent Director
Dr. Anoop Kumar Mittal Independent Director
Mr. Anoop Hoon Independent Director
Mr. Gopal Krishna Pillai Independent Director
Mr. Subir Bose Independent Director

Berger Paints (India) Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Berger Paints (India) Corporate Action

Date Purpose Remarks
2024-11-05 Quarterly Results
2024-08-09 Quarterly Results
2024-05-15 Audited Results & Dividend
2024-02-06 Quarterly Results
2023-11-02 Quarterly Results
Date Purpose Remarks
2023-09-23 Bonus Re.0.00 issue in the ratio of 1:5 @ Re. 1/-.

About Berger Paints (India)

Berger paints India limited is the second largest paint company after Asian paints in the country and is headquartered in Kolkata, West Bengal. It has consistently been one of the fastest growing paint companies quarter on quarter, for the past few years. They offer a wide range of innovative painting solutions, industrial or decorative.  They have manufacturing plants in West Bengal, Uttar Pradesh, Jammu & Kashmir, Pondicherry, and Goa. It also has a global presence in four countries- Nepal, Bangladesh, Poland, and Russia. 

It has 16 strategically located manufacturing units across India, and approximately 162 stock points. The company also has a global presence in four countries (Nepal, Bangladesh, Poland and Russia). Berger is regarded as a game changer in the sector, as it offers a vibrant portfolio of paints and tailor-made customer services in every paint segment. It has a vast distribution network of over 25,000 dealers.


Products offered by Berger paints:

  • Chemicals
  • Decorative paints
  • Industrial finishing products
  • Coatings

Berger Paints (India) FAQs

What is Share Price of Berger Paints (India) ?

Berger Paints (India) share price is ₹513 As on 06 November, 2024 | 02:35

What is the Market Cap of Berger Paints (India) ?

The Market Cap of Berger Paints (India) is ₹59847.4 Cr As on 06 November, 2024 | 02:35

What is the P/E ratio of Berger Paints (India) ?

The P/E ratio of Berger Paints (India) is 52.3 As on 06 November, 2024 | 02:35

What is the PB ratio of Berger Paints (India) ?

The PB ratio of Berger Paints (India) is 11.1 As on 06 November, 2024 | 02:35

Is it a good time to invest in the Berger Paints?

Berger Paints India has an operating revenue of Rs.8,167.78 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 14% is healthy.

How many times have Berger Paints given dividends since 2001?

Berger Paints (India) Ltd. has declared 31 dividends since Feb. 28, 2001.

What is the stock price CAGR of the Berger Paints?

The stock price CAGR of the Berger Paints for 10 Years is 37%, 5 Years is 30%, 3 Years is 34%, 1 Year is -2%.

What is the debt-to-equity ratio of the Berger Paints?

The debt-to-equity ratio of the Berger Paints is 21% which is exceptional.

What is the ROE of the Berger Paints?

The ROE of the Berger Paints is 21% which is exceptional.

Who is the Managing Director of Berger Paints?

Mr. Abhijit Roy is the Managing Director & CEO of Berger Paints since 1st July 2012.

Can we hold Berger's paints for the long term?

The company is a market leader in the paints industry and has shown consistent revenue growth. So, you can consider buying Berger paints stock for the long term. 

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Q2FY23