Berger Paints India Ltd
₹ 573
-0.13%
29 Mar
- close price
About
Berger Paints India is engaged in the Manufacturing and selling of Paints.(Source : 201903 Annual Report Page No: 117)
Key Points
- Market Cap ₹ 55,701 Cr.
- Current Price ₹ 573
- High / Low ₹ 743 / 527
- Stock P/E 62.3
- Book Value ₹ 42.2
- Dividend Yield 0.54 %
- ROCE 25.9 %
- ROE 22.5 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 35.5%
Cons
- Stock is trading at 13.6 times its book value
- Company might be capitalizing the interest cost
* 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
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,263 | 2,846 | 3,227 | 3,732 | 4,170 | 4,223 | 4,552 | 5,166 | 6,062 | 6,366 | 6,818 | 8,762 | 10,312 | |
| 2,013 | 2,543 | 2,856 | 3,300 | 3,659 | 3,578 | 3,833 | 4,359 | 5,127 | 5,313 | 5,635 | 7,431 | 8,847 | |
| Operating Profit | 250 | 303 | 371 | 431 | 511 | 645 | 719 | 807 | 935 | 1,053 | 1,182 | 1,331 | 1,465 |
| OPM % | 11% | 11% | 12% | 12% | 12% | 15% | 16% | 16% | 15% | 17% | 17% | 15% | 14% |
| 30 | 31 | 31 | 36 | 36 | 40 | 108 | 46 | 60 | 69 | 51 | 68 | 70 | |
| Interest | 24 | 32 | 38 | 47 | 50 | 27 | 16 | 25 | 47 | 47 | 44 | 51 | 85 |
| Depreciation | 40 | 47 | 57 | 71 | 92 | 99 | 108 | 124 | 182 | 191 | 211 | 227 | 249 |
| Profit before tax | 216 | 254 | 308 | 350 | 404 | 559 | 703 | 705 | 765 | 883 | 979 | 1,122 | 1,201 |
| Tax % | 31% | 29% | 29% | 29% | 34% | 34% | 33% | 35% | 35% | 26% | 26% | 26% | |
| Net Profit | 150 | 180 | 218 | 249 | 265 | 371 | 474 | 461 | 494 | 656 | 720 | 833 | 895 |
| EPS in Rs | 1.55 | 1.86 | 2.25 | 2.57 | 2.73 | 3.82 | 4.88 | 4.75 | 5.09 | 6.77 | 7.41 | 8.57 | 9.21 |
| Dividend Payout % | 30% | 27% | 29% | 31% | 33% | 31% | 36% | 38% | 37% | 32% | 38% | 36% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 14% |
| 3 Years: | 13% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 14% |
| 3 Years: | 19% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 17% |
| 3 Years: | 6% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 23% |
| 3 Years: | 24% |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 69 | 69 | 69 | 69 | 69 | 69 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | |
| Reserves | 620 | 722 | 884 | 1,051 | 1,191 | 1,493 | 1,804 | 2,097 | 2,347 | 2,563 | 3,280 | 3,830 | 4,003 |
| 330 | 418 | 550 | 624 | 610 | 354 | 406 | 422 | 753 | 767 | 634 | 1,014 | 1,634 | |
| 451 | 578 | 683 | 851 | 846 | 960 | 1,132 | 1,326 | 1,360 | 1,472 | 1,907 | 2,271 | 2,481 | |
| Total Liabilities | 1,470 | 1,788 | 2,186 | 2,595 | 2,716 | 2,877 | 3,440 | 3,943 | 4,557 | 4,900 | 5,918 | 7,211 | 8,215 |
| 434 | 509 | 599 | 864 | 931 | 963 | 1,136 | 1,267 | 1,583 | 1,916 | 2,044 | 2,187 | 2,275 | |
| CWIP | 82 | 73 | 172 | 133 | 100 | 51 | 62 | 97 | 170 | 178 | 107 | 606 | 907 |
| Investments | 53 | 4 | 11 | 91 | 134 | 348 | 472 | 333 | 395 | 315 | 356 | 234 | 178 |
| 902 | 1,202 | 1,404 | 1,507 | 1,550 | 1,515 | 1,769 | 2,245 | 2,409 | 2,490 | 3,411 | 4,185 | 4,856 | |
| Total Assets | 1,470 | 1,788 | 2,186 | 2,595 | 2,716 | 2,877 | 3,440 | 3,943 | 4,557 | 4,900 | 5,918 | 7,211 | 8,215 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 126 | 176 | 120 | 310 | 414 | 595 | 394 | 422 | 611 | 725 | 796 | 566 | |
| -11 | -71 | -203 | -301 | -184 | -259 | -308 | -183 | -379 | -223 | -457 | -521 | |
| -31 | -48 | 128 | -52 | -198 | -368 | -82 | -200 | -259 | -479 | -282 | -78 | |
| Net Cash Flow | 84 | 57 | 45 | -43 | 32 | -32 | 4 | 38 | -27 | 22 | 57 | -33 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44 | 46 | 47 | 48 | 47 | 47 | 46 | 49 | 40 | 41 | 55 | 44 |
| Inventory Days | 128 | 123 | 127 | 122 | 104 | 108 | 153 | 140 | 138 | 142 | 174 | 178 |
| Days Payable | 79 | 79 | 80 | 95 | 81 | 99 | 124 | 133 | 112 | 118 | 161 | 139 |
| Cash Conversion Cycle | 93 | 89 | 93 | 74 | 70 | 56 | 75 | 56 | 67 | 65 | 67 | 83 |
| Working Capital Days | 54 | 46 | 57 | 39 | 48 | 35 | 44 | 49 | 48 | 47 | 58 | 64 |
| ROCE % | 25% | 26% | 25% | 24% | 25% | 30% | 31% | 29% | 27% | 28% | 27% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
24 Mar - With reference to our letter no. STOCK. EXG/ AG/ 2022-23 dated 10th March, 2023. Please find enclosed a copy of the presentation made during the …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Mar - Pursuant to the provision of Regulation 30 of the SEBI (LODR) Regulations, 2015, Mr Abhijit Roy, Managing Director & CEO of the Company will hold …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 Mar - Press Release dated 5th March, 2023. This is for your information and records, please.
Annual reports
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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
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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Mar 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Nov 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]