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Berger Paints India Ltd

BERGEPAINT

Berger Paints India Ltd

BERGEPAINT
MaterialsPaints
MidcapWith a market cap of ₹55,521 cr, stock is ranked 159
Low RiskStock is 1.77x as volatile as Nifty
476.252.31% (+10.75)
476.252.31% (+10.75)

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MaterialsPaints
MidcapWith a market cap of ₹55,521 cr, stock is ranked 159
Low RiskStock is 1.77x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsPaints
MidcapWith a market cap of ₹55,521 cr, stock is ranked 159
Low RiskStock is 1.77x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
48.4910.300.73%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
29.473.351.38%

Forecast & Ratings

Detailed Forecast 
38%
Analysts have suggested that investors can buy this stock

from 16 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Berger Paints India Limited is engaged in the manufacture of paints and varnishes, enamels or lacquers.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.05%, vs industry avg of 12.54%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 19.67% to 19.55%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 18.76%, vs industry avg of 20.29%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue4,263.474,661.045,212.246,121.896,434.346,869.088,830.2310,619.4111,303.6211,411.88
Raw Materialssubtract2,489.812,357.662,730.633,426.093,306.653,579.295,124.606,065.605,804.349,480.22
Power & Fuel Costsubtract42.1543.7948.2759.1358.5456.4768.1383.2788.32
Employee Costsubtract273.50306.72356.58408.51452.50485.14543.12609.19713.03
Selling & Administrative Expensessubtract311.52366.44368.28273.90430.78483.61501.77606.95794.34
Operating & Other expensessubtract461.38759.08854.98959.591,064.661,030.711,193.091,728.801,937.57
Depreciation/Amortizationsubtract98.65108.05124.21182.27191.01211.14226.51264.03330.88345.99
Interest & Other Itemssubtract27.2816.2224.5547.2447.0444.1050.7299.2378.2569.64
Taxes & Other Itemssubtract188.62229.42243.91270.86225.35258.87289.47302.92389.15371.06
EPS3.184.073.954.245.646.187.157.3710.029.82
DPS0.981.461.501.581.832.332.582.673.503.50
Payout ratio0.310.360.380.370.320.380.360.360.350.36

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 30PDF
Feb 14PDF
Feb 11PDF
FY 2023

Annual report

PDF

Investor Presentation

May 18PDF
May 15PDF
Mar 24PDF
+3 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 9PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsPaints

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Berger Paints India Ltd47.5510.300.73%
Asian Paints Ltd43.4112.201.35%
Kansai Nerolac Paints Ltd18.233.861.40%
Indigo Paints Ltd48.597.940.23%

Price Comparison

Compare BERGEPAINT with any stock or ETF
Compare BERGEPAINT with any stock or ETF
BERGEPAINT
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.99%3.82%4.97%6.98%9.24%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep10.83%10.89%10.68%10.66%7.51%6.98%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Berger Paints India Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI MAGNUM MIDCAP FUND DIRECT PL GROWTH

Growth
0.8261%2.14%0.31%16/82 (+33)
UTI Flexi Cap Fund - Growth - Direct Plan

Growth
0.5642%1.13%-0.05%18/70 (+2)
SBI Large & Midcap Fund - Growth - Direct Plan

Growth
0.5410%1.05%0.27%62/86 (+6)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Increasing Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

BERGEPAINT has increased dividends consistently over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.73%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.35 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 5, 2024

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Aug 5, 2024

Cash Dividend

Ex DateEx DateAug 4, 2023

Final
Final | Div/Share: ₹3.20

Dividend/Share

3.20

Ex DateEx Date

Aug 4, 2023

Cash Dividend

Ex DateEx DateAug 18, 2022

Final
Final | Div/Share: ₹3.10

Dividend/Share

3.10

Ex DateEx Date

Aug 18, 2022

Cash Dividend

Ex DateEx DateAug 18, 2021

Final
Final | Div/Share: ₹2.80

Dividend/Share

2.80

Ex DateEx Date

Aug 18, 2021

Cash Dividend

Ex DateEx DateSep 17, 2020

Final
Final | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Sep 17, 2020

News & Opinions
Spotlight
Berger Paints PAT slips to Rs 270 cr in Q2 FY25

Revenue from operations rose marginally to Rs 2,774.61 crore in Q2 FY25 as against Rs 2,767.30 crore posted in Q2 FY24. Profit before tax for Q2 FY25 was at Rs 358.15 crore, down 7.88% on year on year basis. EBITDA slipped 8.33% to Rs 434.2 crore in Q2 FY25 as against Rs 473.7 crore posted in Q2 FY24. During the quarter, operating profit margin was within guidance level of 15% to 17%. On standalone basis, the company's net profit declined 6.11% to Rs 228.98 crore on 0.37% fell in revenue from operations to Rs 2,430.70 crore in Q2 FY25 over Q2 FY24. On half year basis, the company's consolidated net profit declined 3.52% to Rs 623.22 crore on 1.18% rise in revenue from operations to Rs 5,865.62 crore in H1 FY25 over H1 FY24. Abhijit Roy, managing director & CEO of Berger Paints India, The extended monsoons, adverse weather & flooding in some key markets made this a tough quarter although we saw strong traction towards the quarter end. This resulted in an almost flat quarterly revenue performance and moderate single digit growth on volume terms. On the profitability front this quarter saw one of the highest levels of gross margins in the last 10 quarters and our operating margin remained within guidance levels in spite of the continued investments that the company made in branding, advertisement and manpower to strengthen our market presence. Though the quarter numbers were muted, we expect that the second half of the year will be better in terms of revenue and profitability. We continued to do well in the focus segments of the Company, especially water proofing, construction chemicals, wood coatings and the premium plus coating segments. In addition, the company saw a healthy improvement in its network on the back of installation of 3,804 new colorbank tinting machines upto September, 2024. The mass volume range products however suffered reduced demand due to inclement weather leading to the muted numbers reported for the quarter. Operating profit for the quarter, while healthy, had a negative growth rate. Three factors contributed to this, (a) scale effect, (b) our investment in new manpower and (c) increased investment in advertising and brand building activities for our differentiated products. On the international front, our Polish operations continued to do well. However, there was a one-time set-off in projects which has impacted profitability this quarter. Nepal continued to be challenging, but in October 24, Nepal registered a double digit revenue growth after almost a year and we expect a turnaround in their figures going forward We remain optimistic for H2 on the back of the reversal of the price decrease impact and the improving market demand. Berger Paints India is engaged in retail, decorative and industrial painting solutions. Shares of Berger Paints rose 0.48% to currently trade at Rs 515.50 on the BSE.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Berger Paints India consolidated net profit declines 7.54% in the September 2024 quarter

Net profit of Berger Paints India declined 7.54% to Rs 269.66 crore in the quarter ended September 2024 as against Rs 291.64 crore during the previous quarter ended September 2023. Sales rose 0.26% to Rs 2774.61 crore in the quarter ended September 2024 as against Rs 2767.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2774.612767.30 0 OPM %15.6517.12 - PBDT447.13471.68 -5 PBT358.15388.81 -8 NP269.66291.64 -8 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Berger Paints India to discuss results

Berger Paints India will hold a meeting of the Board of Directors of the Company on 5 November 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Berger Paints announces cessation of director

Berger Paints India announced that Naresh Gujral (DIN: 00028444) has of ceased to be a Non-Executive, Independent Director on the Board of Directors of the Company with effect from 20 August 2024 on completion of his second consecutive term. Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Berger Paints PAT slips to Rs 354 cr in Q1 FY25

Revenue from operations stood at Rs 3091.01 crore in the June quarter, up 2.03% from Rs 3029.51 crore recorded in Q1 FY24. Profit before tax for Q1 FY25 was at Rs 465.98 crore, down 2.14% on year on year basis. EBITDA slipped 6.17% to Rs 522.41 crore in Q1 FY25 as against Rs 556.75 crore posted in Q1 FY24. EBITDA margin reduced to 16.9% in Q1 FY25 as compared to 18.4 % registered in the corresponding quarter previous year. On standalone basis, the company's net profit declined 6.37% to Rs 305.52 crore despite of 2.43% increase in revenue to Rs 2,806.31 crore in Q1 FY25 over Q1 FY24. Abhijit Roy, managing director & CEO of Berger Paints India, said, This quarter was tough due to elections, inclement weather and slowdown in a few key markets. In spite of this we were able to deliver double digit volume growth and the highest market share gain in a single quarter. Though we did well on the volume growth front, the value sales were lower due to the impact of the price drop taken in the prior quarters and stronger sale seen in the high volume, low value products 1 in the waterproofing and construction chemicals category. Profitability for the quarter, while healthy, had negative growth. Three factors contributed to this, among them being the base effect of a very high margin recorded in QI FY24, impact of price reductions in prior quarters and an increased investment in advertising and brand building activities linked to elections. We continue to register robust growth in waterproofing, construction chemicals and wood coating segments. The industrial segment had a muted performance in April and May but saw revival from June onwards which bodes well for us in the months ahead. On the international front, our Polish operations continued to do well while our operations in Nepal continues to be a challenge. We are now starting to see some signs of improvement in Nepal. Berger Paints India is engaged in retail, decorative and industrial painting solutions. Shares of Berger Paints gained 2.59% to end Rs 531.55 on the BSE. Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Berger Paints India consolidated net profit declines 0.22% in the June 2024 quarter

Net profit of Berger Paints India declined 0.22% to Rs 353.56 crore in the quarter ended June 2024 as against Rs 354.35 crore during the previous quarter ended June 2023. Sales rose 2.03% to Rs 3091.01 crore in the quarter ended June 2024 as against Rs 3029.51 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales3091.013029.51 2 OPM %16.9018.38 - PBDT553.19554.39 0 PBT465.98476.18 -2 NP353.56354.35 0 Powered by Capital Market - Live

3 months agoCapital Market - Live

Stock to buy today: Berger Paints India (₹552.6)

3 months agoThe Hindu Businessline

Q1 results this week: LIC, Airtel, Vedanta, Eicher Motors, Tata Power and others

3 months agoEconomic Times
"More Money in Consumers' Hands": Berger Paints CEO Abhijit Roy Pushes for People-Friendly Budget
4 months agoRepublic World

Paint stocks jump after price hikes by industry leaders

4 months agoBusiness Standard