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Berger Paints India Limited (BERGEPAINT.NS)

INR490.25 +1.15 (+0.24%)
IN NSE Basic Materials Chemicals - Specialty
Address Berger House 700017
Kolkata, IN
CEO Abhijit Roy
Website bergerpaints.com
IPO 2002-07-01
ISIN INE463A01038

Explore sections of this company profile

Also trades on Bombay Stock Exchange · BERGEPAINT.BO (INR) National Stock Exchange of India · BERGEPAINT.NS (INR)
Description

Berger Paints India Limited is a prominent producer and distributor of a diverse range of paint products, catering to domestic, commercial, and industrial clients both within India and across global markets. Its extensive product portfolio encompasses a wide array of coatings for various applications. For interior spaces, offerings include decorative finishes, emulsions, ceiling paints, and distempers. Exterior solutions feature robust emulsions, cement paints, and textured options. The company also provides specialized items for DIY enthusiasts, such as repair kits, enamel paints, glow-in-the-dark options, wall stencils, stickers, sealing tapes, and spray kits. Complementing these are specialized finishes for metal, glass, and wood surfaces, alongside essential undercoats like putties and a variety of primers for interior, exterior, and metal applications. Beyond decorative and protective paints, Berger Paints extends its offerings to include comprehensive waterproofing systems and a suite of construction chemicals, such as flooring compounds, bitumen and coal tar-derived products, sealants, and adhesives. Further specialty products include high-performance protective and anti-corrosive coatings, powder coatings, lacquers, and specific coatings for GI (Galvanized Iron) and automotive sectors. Additionally, the company supplies a range of sanitization products. Established in 1923, the company initially operated as British Paints (India) Limited before adopting its current name, Berger Paints India Limited, in December 1983. Headquartered in Kolkata, India, it functions as a subsidiary of U.K. Paints India Private Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR490.25 +1.15 (+0.24%)
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Volume Profile
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Liquidity & share structure
Average Volume
723.1K
Beta
0.42
Float Shares
72.48M
Free Float %
6.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.02% +3.61% +10.20% +9.89% -12.15% -5.38% -6.48% -3.17% -19.06% +195.54% +60,925.30%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
490.25
DCF (Unlevered) 255.01 -48.0%
DCF (Levered) 377.55 -23.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 6 0
Buy 5 0
Hold 3 0
Sell 6 0
Strong Sell 2 0
Quality scores
Altman Z-Score
13.35
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Chemicals - Specialty: +4.7%
    +2.9% Q1'26: +6.1% (vs Q1'25)
  • ✗
    EPS growth Chemicals - Specialty: +13.2%
    -4.6% Q1'26: +27.6% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +8.5% Q1'26: +15.9% (vs Q1'25)
  • ✗
    EBIT margin Chemicals - Specialty: +8.8%
    +12.1% ★ Q1'26: +13.3% (vs Q1'25)
  • ✓
    ROIC Chemicals - Specialty: +5.6%
    +17.3% ★ Q1'26: +18.5% (vs Q1'25)
  • ✗
    Share dilution Chemicals - Specialty: +0.1%
    +0.0% Q1'26: +0.2% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    0.35× ★ Q1'26: 0.33× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.42) × ERP
WACC = 99% × Ke + 1% × Kd (9.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 255.02 Current price: 490.25
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual 		Mar 2012
actual 		Mar 2013
actual 		Mar 2014
actual 		Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
18 Rev. Ana.
17 EPS Ana. 		Mar 2027
20 Rev. Ana.
19 EPS Ana. 		Mar 2028
18 Rev. Ana.
18 EPS Ana. 		Mar 2029
11 Rev. Ana.
10 EPS Ana.
Revenue
23.28B
est: 23.36B (-0.3%)
29.48B
est: 29.44B (+0.1%)
33.46B
est: 34.75B (-3.7%)
38.70B
est: 38.23B (+1.2%)
43.22B
est: 43.44B (-0.5%)
42.23B
est: 47.27B (-10.7%)
45.52B
est: 48.71B (-6.5%)
51.66B
est: 51.51B (+0.3%)
60.62B
est: 60.41B (+0.3%)
63.66B
est: 65.44B (-2.7%)
68.18B
est: 65.94B (+3.4%)
87.62B
est: 89.53B (-2.1%)
105.68B
est: 106.12B (-0.4%)
111.99B
est: 113.54B (-1.4%)
115.45B
est: 115.31B (+0.1%)
118.68B
117.73B – 119.87B
+2.9% YoY
130.01B
125.26B – 139.13B
+9.5% YoY
140.74B
133.52B – 151.17B
+8.3% YoY
156.26B
149.35B – 167.54B
+11.0% YoY
EBITDA
2.80B
est: 3.38B (-17.1%)
3.30B
est: 3.14B (+5.0%)
3.75B
est: 3.30B (+13.6%)
4.37B
est: 3.82B (+14.6%)
5.17B
est: 4.53B (+14.2%)
6.49B
est: 5.04B (+28.9%)
7.14B
est: 6.66B (+7.1%)
8.05B
est: 9.42B (-14.6%)
9.05B
est: 9.55B (-5.3%)
10.24B
est: 9.26B (+10.6%)
11.58B
est: 9.58B (+20.9%)
12.86B
est: 11.84B (+8.6%)
14.37B
est: 13.84B (+3.9%)
15.51B
est: 16.43B (-5.6%)
15.23B
est: 16.78B (-9.3%)
17.16B
17.02B – 17.33B
+2.2% YoY
18.80B
18.11B – 20.12B
+9.5% YoY
20.35B
19.31B – 21.86B
+8.3% YoY
22.59B
21.59B – 24.23B
+11.0% YoY
EBIT
2.40B
est: 3.10B (-22.7%)
2.83B
est: 2.48B (+13.7%)
3.18B
est: 3.10B (+2.6%)
3.67B
est: 3.50B (+4.9%)
4.30B
est: 4.24B (+1.2%)
5.56B
est: 4.70B (+18.3%)
6.11B
est: 5.69B (+7.4%)
6.84B
est: 7.33B (-6.7%)
7.72B
est: 7.83B (-1.3%)
8.85B
est: 8.16B (+8.5%)
10.02B
est: 7.93B (+26.3%)
11.27B
est: 9.81B (+14.9%)
12.58B
est: 11.47B (+9.7%)
15.45B
est: 13.61B (+13.5%)
15.16B
est: 15.41B (-1.6%)
15.76B
15.63B – 15.92B
+2.2% YoY
17.27B
16.63B – 18.48B
+9.5% YoY
18.69B
17.73B – 20.08B
+8.3% YoY
20.75B
19.83B – 22.25B
+11.0% YoY
Net Income
1.50B
est: 1.91B (-21.5%)
1.80B
est: 1.89B (-4.8%)
2.18B
est: 2.13B (+2.7%)
2.49B
est: 2.40B (+3.8%)
2.65B
est: 2.89B (-8.3%)
3.71B
est: 2.90B (+28.0%)
4.74B
est: 3.79B (+24.9%)
4.61B
est: 5.30B (-13.1%)
4.94B
est: 5.27B (-6.2%)
6.58B
est: 5.35B (+22.9%)
7.20B
est: 5.95B (+21.0%)
8.33B
est: 7.35B (+13.3%)
8.59B
est: 8.59B (0.0%)
11.68B
est: 10.20B (+14.4%)
11.80B
est: 12.14B (-2.8%)
11.29B
10.31B – 11.77B
-7.0% YoY
12.80B
10.54B – 14.12B
+13.4% YoY
14.48B
12.49B – 15.85B
+13.1% YoY
15.57B
14.67B – 17.03B
+7.5% YoY
SGA
3.93B
est: 2.38B (+64.7%)
2.93B
est: 5.75B (-49.0%)
7.35B
est: 6.56B (+12.1%)
8.85B
est: 7.45B (+18.7%)
5.74B
est: 8.01B (-28.3%)
5.22B
est: 8.89B (-41.3%)
6.04B
est: 6.43B (-6.1%)
6.67B
est: 7.98B (-16.5%)
6.15B
est: 8.92B (-31.1%)
7.21B
est: 4.42B (+63.1%)
7.20B
est: 7.84B (-8.2%)
8.27B
est: 9.70B (-14.7%)
9.60B
est: 11.34B (-15.3%)
11.74B
est: 13.46B (-12.8%)
13.23B
est: 11.84B (+11.7%)
12.11B
12.01B – 12.23B
+2.2% YoY
13.27B
12.78B – 14.20B
+9.5% YoY
14.36B
13.63B – 15.43B
+8.3% YoY
15.95B
15.24B – 17.10B
+11.0% YoY
EPS
1.55
est: 1.64 (-5.4%)
1.86
est: 1.90 (-2.3%)
1.88
est: 2.40 (-21.6%)
2.14
est: 2.59 (-17.5%)
2.27
est: 2.41 (-5.9%)
3.18
est: 3.18 (+0.1%)
4.07
est: 3.68 (+10.7%)
3.95
est: 4.02 (-1.8%)
4.24
est: 4.43 (-4.3%)
5.64
est: 5.97 (-5.6%)
6.18
est: 6.09 (+1.4%)
7.15
est: 7.40 (-3.4%)
7.37
est: 7.79 (-5.4%)
10.02
est: 10.22 (-1.9%)
10.13
est: 9.75 (+3.9%)
9.68
8.84 – 10.09
-0.7% YoY
10.98
9.03 – 12.11
+13.4% YoY
12.42
10.71 – 13.59
+13.1% YoY
13.35
12.58 – 14.60
+7.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.31B
OE per share TTM
1.13
Owner's Yield
0.23%
Maintenance CapEx ratio
9.89%
Maint CapEx / Avg PPE
28.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 25 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard International Dividend Appreciation ETF VIGI 0.03% 2.55M 0.07%
2 Vanguard Emerging Markets Ex-China ETF VEXC 0.02% 38.3K 0.07%
3 Schwab Emerging Markets Equity ETF SCHE 0.01% 1.75M 0.06%
4 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.01% 704.8K 0.17%
5 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.01% 704.8K 0.17%
6 Vanguard FTSE Asia ex Japan Shares Index ETF VAE.AX 0.01% 67.6K 0.40%
7 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 150.9K 0.48%
8 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 340.4K 0.26%
9 Vanguard FTSE Emerging Markets ETF VWO 0.01% 16.80M 0.06%
10 Vanguard ESG International Stock ETF VSGX 0.00% 233.8K 0.10%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.24M
Shares Outstanding
1.17B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Abhijit Roy Chief Executive Officer, MD & Director 93M male
Kanwardip Singh Dhingra Vice-Chairman 17M male
Aniruddha Sen Senior Vice President of Legal & Corporate Affairs 11M male
Kilambi Krishna Sai Executive Vice President of Retail (Sales & Marketing) — male
Partha Protim Mondal Chief Information Officer - IT — male
Prosanta Kumar Ghosh Senior Vice President of Manufacturing – Projects — —
Ranjan Banerjee Group Head of Human Resources — male
Sujyoti Mukherjee Vice President of Finance & Accounts — male
Arunito Ganguly Vice President, Company Secretary & Compliance Officer — male
Kaushik Ghosh Vice President & Chief Financial Officer — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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