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 ₹ 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
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
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Concalls
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Mar 2023TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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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]