Berger Paints India Ltd
Berger Paints India is engaged in the Manufacturing and selling of Paints.(Source : 201903 Annual Report Page No: 117)
- Market Cap ₹ 63,821 Cr.
- Current Price ₹ 547
- High / Low ₹ 630 / 438
- Stock P/E 54.1
- Book Value ₹ 52.8
- Dividend Yield 0.63 %
- ROCE 25.1 %
- ROE 20.5 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 36.2%
Cons
- Stock is trading at 10.4 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Paints/Varnish Industry: Paints / Varnishes
Part of BSE 500 BSE 200 Nifty 500 BSE Allcap BSE LargeCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,732 | 4,170 | 4,223 | 4,552 | 5,166 | 6,062 | 6,366 | 6,818 | 8,762 | 10,568 | 11,199 | 11,545 | |
3,300 | 3,659 | 3,578 | 3,833 | 4,359 | 5,127 | 5,313 | 5,635 | 7,431 | 9,090 | 9,338 | 9,689 | |
Operating Profit | 431 | 511 | 645 | 719 | 807 | 935 | 1,053 | 1,182 | 1,331 | 1,478 | 1,861 | 1,856 |
OPM % | 12% | 12% | 15% | 16% | 16% | 15% | 17% | 17% | 15% | 14% | 17% | 16% |
36 | 36 | 40 | 108 | 46 | 60 | 69 | 51 | 68 | 48 | 105 | 130 | |
Interest | 47 | 50 | 27 | 16 | 25 | 47 | 47 | 44 | 51 | 99 | 78 | 63 |
Depreciation | 71 | 92 | 99 | 108 | 124 | 182 | 191 | 211 | 227 | 264 | 331 | 354 |
Profit before tax | 350 | 404 | 559 | 703 | 705 | 765 | 883 | 979 | 1,122 | 1,162 | 1,557 | 1,568 |
Tax % | 29% | 34% | 34% | 33% | 35% | 35% | 26% | 26% | 26% | 26% | 25% | 25% |
249 | 265 | 371 | 474 | 461 | 494 | 656 | 720 | 833 | 860 | 1,170 | 1,183 | |
EPS in Rs | 2.14 | 2.27 | 3.18 | 4.07 | 3.95 | 4.24 | 5.64 | 6.17 | 7.14 | 7.37 | 10.02 | 10.12 |
Dividend Payout % | 31% | 33% | 31% | 36% | 38% | 37% | 32% | 38% | 36% | 36% | 35% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 13% |
3 Years: | 10% |
TTM: | 3% |
Compounded Profit Growth | |
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10 Years: | 16% |
5 Years: | 13% |
3 Years: | 13% |
TTM: | 2% |
Stock Price CAGR | |
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10 Years: | 16% |
5 Years: | 8% |
3 Years: | 2% |
1 Year: | 13% |
Return on Equity | |
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10 Years: | 22% |
5 Years: | 22% |
3 Years: | 21% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 69 | 69 | 69 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 117 | 117 |
Reserves | 1,051 | 1,191 | 1,493 | 1,804 | 2,097 | 2,347 | 2,563 | 3,280 | 3,830 | 4,397 | 5,262 | 6,038 |
624 | 610 | 354 | 406 | 422 | 753 | 767 | 634 | 1,014 | 1,189 | 753 | 670 | |
851 | 846 | 960 | 1,132 | 1,326 | 1,360 | 1,472 | 1,907 | 2,271 | 2,283 | 2,236 | 2,307 | |
Total Liabilities | 2,595 | 2,716 | 2,877 | 3,440 | 3,943 | 4,557 | 4,900 | 5,918 | 7,211 | 7,966 | 8,368 | 9,132 |
864 | 931 | 963 | 1,136 | 1,267 | 1,583 | 1,916 | 2,044 | 2,187 | 3,332 | 3,500 | 3,680 | |
CWIP | 133 | 100 | 51 | 62 | 97 | 170 | 178 | 107 | 606 | 111 | 189 | 123 |
Investments | 91 | 134 | 348 | 472 | 333 | 395 | 315 | 356 | 234 | 183 | 255 | 533 |
1,507 | 1,550 | 1,515 | 1,769 | 2,245 | 2,409 | 2,490 | 3,411 | 4,185 | 4,341 | 4,424 | 4,797 | |
Total Assets | 2,595 | 2,716 | 2,877 | 3,440 | 3,943 | 4,557 | 4,900 | 5,918 | 7,211 | 7,966 | 8,368 | 9,132 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
310 | 414 | 595 | 394 | 422 | 611 | 725 | 796 | 566 | 976 | 1,591 | 1,269 | |
-301 | -184 | -259 | -308 | -183 | -379 | -223 | -457 | -521 | -600 | -398 | -650 | |
-52 | -198 | -368 | -82 | -200 | -259 | -479 | -282 | -78 | -363 | -1,069 | -606 | |
Net Cash Flow | -43 | 32 | -32 | 4 | 38 | -27 | 22 | 57 | -33 | 13 | 124 | 14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 48 | 47 | 47 | 46 | 49 | 40 | 41 | 55 | 44 | 43 | 42 | 49 |
Inventory Days | 122 | 104 | 108 | 153 | 140 | 138 | 142 | 174 | 178 | 142 | 134 | 128 |
Days Payable | 95 | 81 | 99 | 124 | 133 | 112 | 118 | 161 | 139 | 108 | 103 | 94 |
Cash Conversion Cycle | 74 | 70 | 56 | 75 | 56 | 67 | 65 | 67 | 83 | 77 | 73 | 82 |
Working Capital Days | 39 | 48 | 35 | 44 | 49 | 48 | 47 | 58 | 64 | 60 | 56 | 72 |
ROCE % | 24% | 25% | 30% | 31% | 29% | 27% | 28% | 27% | 26% | 24% | 28% | 25% |
Documents
Announcements
- Announcement Under Reg. 30 LODR (Updates) - Newspaper Advertisement For Transfer Of Equity Shares Of Berger Paints India Limited To IEPF 2m
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Transcript of investor presentation on FY25 financial results available on company website.
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Regulation 30 LODR - Updates (Link Audio Recording Of Investor Presentation)
14 May - Recording of Investor Presentation on Financial Results of the Company for Q4 FY 2024-25 has been uploaded to the website of the Company. Details provided …
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Updates - Appointment Of Secretarial Auditor
14 May - Appointment of Mr. Anjan Kumar Roy as Secretarial Auditor for five years, subject to shareholder approval.
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Announcement under Regulation 30 (LODR)-Investor Presentation
14 May - Copy of Investor Presentation on Q4 FY 2024-25 Financial Results of the Company to be made during the day.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Mar 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Jun 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Jun 2016TranscriptNotesPPT
Market Position
Berger Paints is the 2nd Largest paint company in India, the 4th Largest paint company in Asia, and the 7th Largest decorative paint company in the world. [1]