Berger Paints

    BERGEPAINT
    Diversified
    ₹458.05
    price as of 11/9/2026, 5:28:05 pm

    Market cap ₹53,409 Cr

    P/E
    43.87
    Day range
    ₹457.00 – ₹465.75
    52-week range
    ₹391.10 – ₹594.55
    Volume
    2.84 L
    Open
    ₹460.75
    Prev close
    ₹463.80
    Promoters pledged 0.4% of their shares
    52-week range, adjusted for splits and bonuses
    ₹391.1₹594.55
    16 Mar 202621 Nov 2025
    Index membership
    NIFTY 500NIFTY MIDCAP 150

    Price history

    6M change +6.36%RSI (14) 24.8 OversoldSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 48.2% today vs 45.9% average · BSE close ₹458.35

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹400₹440₹480₹520₹5600%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Key metrics

    P/E (TTM)
    48.9
    EPS (TTM)
    ₹10.44
    Price / Book
    7.94
    ROE (FY26)
    17.3%
    ROCE (latest year)
    22%
    Dividend yield
    0.85%
    Net margin (TTM)
    9.9%
    Current ratio
    2.12
    Debt / Equity
    0.06
    Revenue growth (5y)
    11.8%
    EPS growth (5y)
    9.4%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹485.74Price below₹491.64Price below₹513.62Price below₹512.35Price below₹507.21Price below₹500.22Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +4.0%
    Profit 3Y CAGR
    +9.5%
    Revenue YoY (Jun 2026)
    +12.0%
    Profit YoY (Jun 2026)
    +28.6%
    Operating margin
    17.0%
    Net margin
    11.3%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr900 Cr1.8K Cr2.7K Cr3.6K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.6K Cr-800 Cr0 Cr800 Cr1.6K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%7%14%21%28%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0.0x0.1x0.2x0.2x0.3x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,7672,8822,5203,0912,7752,9752,7043,2012,8272,9842,8683,584
    Expenses2,2942,4022,1692,5692,3402,5032,2762,6722,4752,5132,3862,976
    Operating Profit474480351522434472428528352471482607
    OPM %17%17%14%17%16%16%16%17%12%16%17%17%
    Other Income19204846302726337-56951
    Interest212018151716151417141212
    Depreciation838387878989899497100101103
    Profit before tax389398294466358394350423275352438543
    Tax %25%25%24%24%25%25%25%25%25%23%24%25%
    Net Profit292300223354270296263315206271335405
    EPS in Rs₹2.50₹2.57₹1.91₹3.03₹2.31₹2.53₹2.25₹2.70₹1.77₹2.33₹2.87₹3.47

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Berger Paints India is engaged in the Manufacturing and selling of Paints.(Source : 201903 Annual Report Page No: 117)

    Strengths

    • Company is almost debt free.
    • Company has been maintaining a healthy dividend payout of 38.0%

    Risks

    • Stock is trading at 7.72 times its book value
    • The company has delivered a poor sales growth of 11.8% over past five years.

    Compounded Sales Growth

    10 Years
    +11%
    5 Years
    +12%
    3 Years
    +4%
    TTM
    +5%

    Compounded Profit Growth

    10 Years
    +12%
    5 Years
    +10%
    3 Years
    +10%
    TTM
    +5%

    Stock Price CAGR

    10 Years
    +8%
    5 Years
    -8%
    3 Years
    -9%
    1 Year
    -17%

    Return on Equity

    10 Years
    +21%
    5 Years
    +20%
    3 Years
    +20%
    Last Year
    +17%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter74.99%74.98%74.98%74.98%0.00 pp
    FII5.35%5.25%4.68%4.82%+0.14 pp
    DII10.71%11.08%11.71%11.78%+0.07 pp
    Public8.95%8.68%8.63%8.40%-0.23 pp

    Filed with NSE for Jun 2026: promoters 74.98%, public 25.02% · XBRL filing

    Analysts & fund holdings

    55%
    55% recommend buy
    20 analysts cover the stock
    Valuation vs Chemicals
    P/E43.9 vs 24.9
    Sector P/B3.12
    Beta1.13

    Who holds the shares, quarter by quarter

    Mutual funds 7.01% (+0.21 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters75.0%
    • Foreign institutions4.8%
    • Mutual funds7.0%
    • Insurance4.7%
    • Other domestic institutions0.0%
    • Retail5.8%
    • Others2.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Large & Midcap Fund1.63%2.35%-0.15 pp
    SBI Multicap Fund0.88%2.23%-0.14 pp
    SBI Midcap Fund0.83%2.08%+0.09 pp
    Nippon India Multi Cap Fund0.57%0.62%-0.04 pp
    UTI Flexi Cap Fund0.34%0.85%-0.05 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      5 Aug 2026
      ex-date
    • dividend
      ₹3.80

      Dividend - Rs 3.80 Per Share

      5 Aug 2025
      ex-date
    • dividend
      ₹3.50

      Annual General Meeting/Dividend - Rs 3.50 Per Share

      5 Aug 2024
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:5

      22 Sept 2023
      ex-date
    • dividend
      ₹3.20

      Annual General Meeting/Dividend - Rs 3.20 Per Share

      4 Aug 2023
      ex-date
    • dividend
      ₹3.10

      Annual General Meeting/Dividend - Rs 3.10 Per Share

      18 Aug 2022
      ex-date
    • dividend
      ₹2.80

      Annual General Meeting/Dividend - Rs 2.80 Per Share

      18 Aug 2021
      ex-date
    • dividend
      ₹0.30

      Annual General Meeting/Dividend - Rs 0.30 Per Share

      17 Sept 2020
      ex-date
    • dividend
      ₹1.90

      Interim Dividend - Rs 1.90 Per Share

      2 Mar 2020
      ex-date
    • dividend
      ₹1.90

      Annual General Meeting/Dividend - Rs 1.90 Per Share

      26 Jul 2019
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/Dividend- Rs 1.80 Per Share

      26 Jul 2018
      ex-date
    • dividend
      ₹1.75

      Annual General Meeting/Dividend - Rs 1.75/- Per Share

      27 Jul 2017
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 1/- Per Share

      26 Jul 2016
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 2:5

      15 Jul 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend Re 0.65 Per Share

      17 Feb 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.65/- Per Share

      24 Jul 2015
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.60/- Per Share

      12 Feb 2015
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share

      8 Jan 2015
      ex-date
    • dividend
      ₹2.20

      Annual General Meeting/ Dividend - Rs 2.20/- Per Share

      16 Jul 2014
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting And Dividend Rs.1.80 Per Share

      17 Jul 2013
      ex-date

    Insider trades

    Last 12 months, market trades
    Net selling ₹10.0 L
    1 buys · ₹16.9 Cr
    7 sells · ₹17.0 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Jenson & Nicholson (Asia) Limited
    Promoters · Scheme of Amalgamation/Merger/Demerger/Arrangement
    		Sell16,87,88,138₹16.9 Cr31 Dec 2025
    U.K Paints (India) Pvt. Ltd.
    Promoters · Scheme of Amalgamation/Merger/Demerger/Arrangement
    		Buy16,87,88,138₹16.9 Cr31 Dec 2025
    Satyam Jaiswal
    Employees/Designated Employees · Market Sale
    		Sell327₹1.8 L22 Dec 2025
    Amit Chatterjee
    Employees/Designated Employees · Market Sale
    		Sell300₹1.7 L3 Dec 2025
    Ranjit Chakravorty
    Employees/Designated Employees · Market Sale
    		Sell150₹87,75021 Nov 2025
    INDRAJIT AMAL MAJUMDAR
    Employees/Designated Employees · Market Sale
    		Sell400₹2.3 L18 Nov 2025
    INDRAJIT AMAL MAJUMDAR
    Employees/Designated Employees · Market Sale
    		Sell300₹1.7 L13 Nov 2025
    INDRAJIT AMAL MAJUMDAR
    Employees/Designated Employees · Market Sale
    		Sell300₹1.7 L11 Nov 2025

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    Company Update
    Reg. 30 (LODR) Updates : Commencement Of Commercial Production

    Please find attached letter dated 8th September, 2026.

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rishma Kaur & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanwardip Singh Dhingra & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jessima Kumar & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anshana Sawhney & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunaina Kohli & PACs

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find attached letter dated 04.09.2026.

    AGM/EGM
    Notice Of Postal Ballot

    Please find attached letter dated 3rd September, 2026.

    Others
    Board Meeting Outcome for Outcome Of Board Meeting 31.08.2026 - Change In Directors

    Please find attached letter dated 31.08.2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Please find attached letter dated 31.08.2026

    Company Update
    ESG Ratings

    Please find attached letter dated 24th August, 2026.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Please find attached proceedings of 102nd AGM.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Please find attached letter dated 12-08-2026.

    AGM/EGMPrice-sensitive
    Scrutinizer's Report For 102Nd AGM

    Please find attached letter dated 12th August, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find attached letter dated 7th August, 2026.

    Filed with BSE (scrip 509480); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback - Public Announcement

      Berger Paints India Limited - Public Announcement

      13 May 2005
      Read on SEBI

    Regulatory orders

    • Settlement order

      Settlement Order in respect of Mr. Kamal Ranjan Das in the matter of M/s Berger Paints India Limited

      18 May 2018
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 11 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.