Berger Paints India Ltd Share Price

Paints / Varnishes

NSE: BERGEPAINT Mid Cap ISIN: INE463A01038
As on 23 December 2024 at 04:29 IST
As on 23 December 2024 at 04:29 IST
445.05
-7.80
(-1.72%)
Over 1 Month
-4.45%
Over 6 Months
-12.81%
Over 1 Year
-22.31%
Over 3 Years
-27.82%

Berger Paints India Ltd Summary

Close 445.05
Open 449.10
High 456.45
Low 444
Volume 17,34,273
Net Turnover (in ₹) 1,10,37,96,874.55
52 Week High 629.50
52 Week Low 439
52Wk High / Low
439
629.50

Berger Paints India Ltd Key Financial Data

Market Cap (in ₹ Cr) 51,856.17
EPS (TTM) 8.40
Book Value (BV) 44.04
Div. Yield 0.79
P/E (TTM) 52.95
Price/Book Value 10.10
Delivery % 63.58
Face Value 1

Berger Paints India Ltd Key Ratios

P/E ratio 65.77
P/B ratio 13.34
EV to Sales 6.70
PEG Ratio 31.17
ROA 17.91
ROE 21.83
Debt-Equity 0.18
Net Profit Margin 10.15
Operating Profit Margin 17.29

Berger Paints India Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Berger Paints India Ltd ₹444.80 ₹51,856.17
Asian Paints Ltd ₹2,283.05 ₹2,18,989.65
Kansai Nerolac Paints Ltd ₹262.35 ₹21,208.53
Akzo Nobel India Ltd ₹3,590.65 ₹16,351.93
Indigo Paints Ltd ₹1,408.80 ₹6,710.78
Shalimar Paints Ltd ₹124 ₹1,038.02

Berger Paints India Ltd News

Berger Paints PAT slips to Rs 270 cr in Q2 FY25

The paint major's consolidated net profit decrease 7.53% to Rs 269.66 crore in Q2 FY25 as against Rs 291.64 crore posted in Q2 FY24.

06 Nov 2024

Berger Paints India to discuss results

On 5 November 2024

03 Oct 2024

Berger Paints announces cessation of director

With effect from 20 August 2024

20 Aug 2024

Berger Paints PAT slips to Rs 354 cr in Q1 FY25

The paint major's consolidated net profit decline marginally to Rs 353.56 crore in Q1 FY25 as against Rs 354.35 crore posted in Q1 FY24.

09 Aug 2024

Berger Paints India to discuss results

On 9 August 2024

09 Jul 2024

Berger Paints India Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue10,060.379,547.777,804.056,077.185,842.51
Total Expenses8,692.918,445.056,798.865,143.804,937.09
Profit Before Tax1,367.461,102.721,005.19918.58905.42
Profit After Tax1,015.05828.39749.86680.78699.05
Operating Profit after Depreciation1,432.121,1891,048.12966.60938.10

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets2,883.882,740.921,644.721,501.591,386.23
Total Non Current Assets3,957.793,799.883,103.062,282.822,133.59
Total Current Assets3,623.873,600.213,522.843,085.262,209.11
TOTAL ASSETS7,581.667,400.096,625.905,368.084,342.70
Total Shareholder's Fund5,005.244,295.193,763.893,279.612,625.04

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities1,482.90934.29529.57676.72792.78
Net Cash used in Investing Activities-296.32-659.14-548.92-458.63-234.01
Net Cash used in Financing Activities-1,092.25-284.26-5.35-183.07-530.35

Berger Paints India Ltd Corporate Actions

Berger Paints India Ltd

₹3.5/Share

Announcement Date 05 Aug 2024
Record Date 06 Aug 2024
Div Yield 350%

About Berger Paints India Ltd

Berger Paints India Ltd stands as a leading force in India’s paint industry. It established itself as the country’s second-largest paint manufacturer. Founded in 1923, the company has evolved into a trusted name in decorative and industrial paints over its century-long journey.

Berger Paints’ main promoter is U K Paints India Private Limited, owning a 50.10% stake in the company. Kuldip Singh Dhingra acts as the Chairman, and Gurbachan Singh Dhingra is the Vice Chairman. Under the leadership of the Dhingra family, the company maintains a strong corporate governance structure. The day-to-day operations are managed by Abhijit Roy, who serves as the Managing Director and CEO. Apart from them, there are other managerial promoters who have contributed to the success of the company. They are
  • Naresh Gujral
  • Anoop Hoon
  • Subir Bose

Operating from its headquarters in Kolkata, West Bengal, Berger Paints has developed a comprehensive product portfolio. It includes decorative paints, industrial coatings, waterproofing solutions, wood finishes, and enamels. This diverse range enables the company to serve various market segments effectively.

The company’s registered office is situated at Berger House on Park Street, Kolkata. Its registrars are based in Bondel Road. Through consistent innovation and a customer-centric approach, Berger Paints has maintained its competitive edge in the chemicals sector, specifically in the paints and coatings segment.

What sets Berger Paints apart is its commitment to quality and innovation. This has helped the company build a loyal customer base across both consumer and business segments. Its longevity in the market demonstrates its adaptability to changing industry dynamics and consumer preferences.

Overall, Berger Paints is strengthening its market presence through smart initiatives and products. With its strong foundation, the company remains well-positioned in India's paint industry.

Berger Paints’ Eco-Friendly Initiatives and Green Products

Berger Paints India Ltd has made major strides in promoting eco-friendly practices. The company is committed to reducing its environmental impact through various initiatives. Let’s explore how Berger Paints is contributing to a greener future.

Berger Paints has a well-defined Environment Monitoring Plan (EMP) that guides its sustainability efforts. The company regularly monitors and minimises VOC (Volatile Organic Compounds) emissions through closed charging operations and fume extraction systems. Additionally, Berger Paints has implemented a Zero Liquid Discharge (ZLD) system in most of its plants. This ensures that no liquid waste is released into the environment.

The company also focuses on waste management by recycling waste generated within its plants. This waste is co-processed in cement plants, aligning with the guidelines of the Central Pollution Control Board (CPCB)1. These efforts highlight Berger Paints’ dedication to sustainable manufacturing practices.

Berger Paints has developed various eco-friendly products that cater to the demand for sustainable solutions. One of the notable products is the Aquagreen Coatings. These coatings use water as a solvent, reducing the reliance on harmful chemicals. The two-pack epoxy primer and single-pack polyurethane finish offer excellent cleanability and are ideal for use in pharmaceutical plants. These eco-friendly paints are odourless. They also have antibacterial and antifungal properties. This makes them suitable for concrete and masonry walls.

Another innovative product is the Exterior Insulation and Finishing Systems (EIFS). Berger Paints is the first Indian company to venture into this segment, demonstrating its commitment to mitigating the negative impacts of climate change. EIFS helps in improving energy efficiency in buildings by providing better insulation. As a result, it reduces the need for heating and cooling.

Berger Paints has implemented an Environmental Management System (EMS) to better monitor and manage its electrical consumption across different production centres. The company continuously focuses on optimising resource utilisation through recycling and reuse. For instance, upcoming project buildings are designed to maximise daylight on the shop floor. This reduces the need for artificial lighting during the day.

The company has also taken significant steps to improve the green belt around its manufacturing units. At the Pondicherry unit, Berger Paints has increased the green belt by 20% through the plantation of over 1,000 trees1. The company has also removed invasive tree species that negatively impacted native trees. Additionally, a pond is maintained within the plant premises to promote ecosystem sustenance.

Similarly, at the Jammu unit, Berger Paints has maintained a green landscape with over 240 trees and various floral shrubs and flowerpots. The company has also planted 230 plants in cut barrels as a measure to reuse plastic and utilised rooftop space for plantations over an area of 3,881.4 square metres. Outside the factory premises, a green belt area has been developed with the plantation of over 300 chinar trees on the banks of the Basantar River.

Berger Paints’ efforts towards sustainability have been recognized through various awards and certifications. The company has received the Sustainability Leaders Award for its role in sustainable e-waste recycling and environmental performance. Berger Paints has also been acknowledged for its innovative solutions in the Rail Analysis Innovation & Excellence Summit 2023.

Berger Paints India Ltd Stock Analysis

  1. Annual revenue for Berger Paints India Ltd increased by 5.37% to ₹10,060.37 crore in FY 2024 from ₹9,547.77 crore in FY 2023.
  2. Annual Net Profit for Berger Paints India Ltd increased by 22.53% to ₹1,015.05 crore in FY 2024 from ₹828.39 crore in FY 2023.
  3. Promoter Shareholding in Berger Paints India Ltd remains unchanged by 0.00% in the most recent quarter, from 74.99% in June 2024 to 74.99% in September 2024.
  4. Berger Paints India Ltd delivered a 1-year return of -22.31% compared to the Nifty 50, which provided a return of 11.52% as of the last trading session.
  5. Berger Paints India Ltd share price moved remains unchanged by 0.00% from its previous close of INR ₹445.05. The latest Berger Paints India Ltd share price is INR ₹445.05.
  6. Berger Paints India Ltd share price today has been at a low of 441.95 and a high of 448.10. Over the past 52 weeks, the Berger Paints India Ltd share price has seen a low of 439 and a high of 629.50.

FAQ’s

What is the share price of Berger Paints India Ltd today?

Berger Paints India Ltd share price as on 22 Dec 2024 is ₹ 445.05

What is the Market Cap of Berger Paints India Ltd?

The market cap of Berger Paints India Ltd stock is ₹51,856.17 Cr.

What is the PE Ratio of Berger Paints India Ltd?

The Price to Earnings (P/E) Ratio of Berger Paints India Ltd is 65.77

What is the PB Ratio of Berger Paints India Ltd?

The Price to Book (P/B) Ratio of Berger Paints India Ltd is 13.34

What is the 52 week high of Berger Paints India Ltd Share Price?

The 52 week high of Berger Paints India Ltd share price stands at ₹629.50

What is the 52 week low of Berger Paints India Ltd Share Price?

The 52 week low of Berger Paints India Ltd share price stands at ₹439

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