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Berger Paints India Limited

Berger Paints India Limited

NSE: BERGEPAINT
Specialty ChemicalsBasic MaterialsLARGE CAPMCap ₹55.26k Cr
₹473.95₹3.90 (+0.83%)

Market Closed • NSE

Market cap₹55.26k Cr
Enterprise value₹54.18k Cr
P/E TTM45.40
Forward P/E36.65
P/B7.99
EPS TTM₹10.44
Forward EPS₹12.93
D/E9.17
Dividend yield0.01%
52W high₹594.55
52W low₹391.10
Price chart(1Y)
1Y Return:-8.00% (₹41.20)
H: ₹565.9L: ₹441.1
1W+0.80%
1M+5.65%
3M-6.41%
6M+1.13%
1Y-13.02%
Today at a glance

Day range

₹466.35₹476.00

52 week range

₹391.10₹594.55
Volume136.7K0.34x 20D avg
Free float50.00%-66.40% volume

Berger Paints India Limited closed at INR473.95 (+0.83%) on volume 0.34x its 20-day average, trading 20.28% below its 52-week high.

Technical analysis
RSI (14)52.8Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹11.29Moderate
SMA 20₹461.94BULLISH
SMA 50₹486.26BEARISH
SMA 100₹499.23BEARISH
SMA 200₹485.81BEARISH
CPR bottom₹472.57
Pivot₹471.73
CPR top₹470.89
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +20.8% QoQ

2026-08-05

DIVIDEND Announced

Dividend - Rs 4 Per Share

2025-08-05

DIVIDEND Announced

Dividend - Rs 3.80 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹506.48k Cr₹55.26k Cr916.50%≤ 33%FAIL
Non-halal income ratio–₹11.88k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹55.26k Cr—≥ 20%PASS
Receivables ratio–₹55.26k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E45.4021.90
Forward P/E36.65—
P/B7.992.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield2.204.60
Growth & profitability
RevenuePAT
FY25PAT margin 10.20%
FY26PAT margin 9.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.00%
Revenue CAGR 5Y+0.60%
PAT CAGR 3Y-1.50%
PAT CAGR 5Y-0.90%
Operating margin14.07%
Net margin9.92%
Financial health & cash flow
Net debt₹506.48k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT1.37x3Y average
Net debt / EBITDA—Leverage
Operating cash flow–
Capital expenditure–
Free cash flow–
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation50/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.09x

High Cash Flow Conversion: CFO/PAT averaged 1.37x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Chemicals.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
05 Aug 2026Dividend₹4.00 / share—05 Aug 2026
05 Aug 2025Dividend₹3.80 / share—05 Aug 2025
—Dividend₹3.50 / share—05 Aug 2024
23 Sept 2023Bonus issue1:5 bonus ratio—22 Sept 2023
—Dividend₹3.20 / share—04 Aug 2023
—Dividend₹3.10 / share—18 Aug 2022
—Dividend₹2.80 / share—18 Aug 2021
—Dividend₹0.30 / share—17 Sept 2020
03 Mar 2020Dividend₹1.90 / share—02 Mar 2020
—Dividend₹1.90 / share—26 Jul 2019
—Dividend₹1.80 / share—26 Jul 2018
—Dividend₹1.75 / share—27 Jul 2017
—Dividend₹1.00 / share—26 Jul 2016
18 Jul 2016Bonus issue2:5 bonus ratio—15 Jul 2016
19 Feb 2016Dividend₹0.65 / share—17 Feb 2016
—Dividend₹0.65 / share—24 Jul 2015
13 Feb 2015Dividend₹0.60 / share—12 Feb 2015
09 Jan 2015Dividend₹2.00 / share—08 Jan 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)54.30%-14.05% latest vs average
Highest delivery86.19%on 21 Sept
Average volume (20D)407.2KTrading-session average
Conviction trendWeakening-14.05% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Berger Paints India Limited
Berger Paints India Limited

Berger Paints India Limited manufactures and sells paints for home, professional, and industrial users in India and internationally. The company offers interior wall coatings, including designer finishes, interior emulsions, and ceiling paints; exterior wall coatings comprising exterior emulsions and textures, and roof and floor coatings; specialty industrial coatings; putty and cement paints; solvent, interior, exterior, metal, and wood primers; waterproofing solutions; wood finishes; enamels; aerosol spray paints, and DIY kits and stickers. It also provides automotive, fireproof, protective, floor, and powder coatings; road markings; construction chemicals, flooring compounds, bitumen and coal tar-based products, sealants and adhesives, and anti-corrosive coatings; lacquers; and various sanitization products. In addition, the company offers acrylic, silicate, and mineral plasters; thermal insulation adhesives; mortars; ready to use coat, wood effect, ribbed effect, concrete effect, and 3D effect; gel adhesives; and coil coating solutions. The company was formerly known as British Paints (India) Limited and changed its name to Berger Paints India Limited in December 1983. The company was incorporated in 1923 and is based in Kolkata, India. Berger Paints India Limited is a subsidiary of U. K. Paints India Private Limited.

IndiaBasic Materials

Questions investors ask
Is Berger Paints India Limited Shariah compliant?

Berger Paints India Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (916.5%) exceeds AAOIFI threshold (≤ 33%).

What is Berger Paints India Limited's current valuation relative to peers?

Berger Paints India Limited trades at a P/E of 45.4x compared to the sector median of 21.9x, and a Price-to-Book of 8.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.09x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 0.6% while net profit growth averaged -0.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.