BERGEPAINT

BERGER PAINTS (INDIA)

Large Cap BSE: 509480 NSE: BERGEPAINT
₹674.65
0.9 (0.13%)
  • Advice
  • Hold
As on 09 August, 2022 | 03:40

Berger Paints (India) Share Price

Berger Paints (India) Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Berger Paints (India) Share Returns

  • Over 1 Month 15.28%
  • Over 3 Month 1.19%
  • Over 6 Month -6.09%
  • Over 1 Year -18.5%

Berger Paints (India) Key Statistics

P/E Ratio 88.3
PEG Ratio 5.8
Market Cap Cr 65,532
Price to Book Ratio 38.7
EPS 7.6
Dividend 310
Relative Strength Index 76.91
Money Flow Index 89.26
MACD Signal 11.8
Average True Range 16.99

Berger Paints (India) Investment Rating

  • Master Rating:
  • Berger Paints India has an operating revenue of Rs. 9,722.99 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 13% is healthy, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 200DMA and around 13% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 73 which is a FAIR score but needs to improve its earnings, a RS Rating of 38 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 52 indicates it belongs to a fair industry group of Chemicals-Paints and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Berger Paints (India) Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 2,489
  • 1,928
  • 2,256
  • 1,938
  • 1,619
  • 1,797
  • Operating Expenses Qtr Cr
  • 2,115
  • 1,614
  • 1,913
  • 1,634
  • 1,398
  • 1,494
  • Operating Profit Qtr Cr
  • 374
  • 314
  • 344
  • 304
  • 221
  • 303
  • Depreciation Qtr Cr
  • 56
  • 52
  • 49
  • 49
  • 47
  • 48
  • Interest Qtr Cr
  • 14
  • 12
  • 12
  • 11
  • 8
  • 9
  • Tax Qtr Cr
  • 80
  • 67
  • 76
  • 66
  • 46
  • 68
  • Net Profit Qtr Cr
  • 234
  • 203
  • 220
  • 192
  • 135
  • 185

Berger Paints (India) Technicals

EMA & SMA

Current Price
674.65
0.9 (0.13%)
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • 623.82
  • 50 Day
  • 614.42
  • 100 Day
  • 636.03
  • 200 Day
  • 690.15
  • 20 Day
  • 610.53
  • 50 Day
  • 595.6
  • 100 Day
  • 638.99
  • 200 Day
  • 689.68

Berger Paints (India) Resistance and Support

PIVOT
₹673.84
Resistance
  • First Resistance
  • 684.92
  • Second Resistance
  • 696.09
  • Third Resistance
  • 707.17
Support
  • First Resistance
  • 662.67
  • Second Resistance
  • 651.59
  • Third Resistance
  • 640.42
  • RSI
  • 76.91
  • MFI
  • 89.26
  • MACD Single Line
  • 11.8
  • MACD
  • 20.98

Berger Paints (India) Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 4,054,611
  • 84,335,909
  • 20.8
  • Week
  • 2,231,982
  • 54,817,488
  • 24.56
  • 1 Month
  • 1,414,050
  • 51,330,022
  • 36.3
  • 6 Month
  • 946,070
  • 31,296,000
  • 33.08

Berger Paints (India) Result Highlights

Berger Paints (India) Synopsis

NSE-Chemicals-Paints

Berger Paints I is involved in the business activities of Manufacture of other chemical products. Company’s Total Operating Revenue is Rs. 7740.93 Cr. and Equity Capital is Rs. 97.13 Cr. for the Year ended 31/03/2022. Berger Paints (India) Ltd. is a Public Limited Listed company incorporated on 17/12/1923 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L51434WB1923PLC004793 and registration number is 004793.
  • Market Cap
  • 65,532
  • Sales
  • 8,610
  • Shares in Float
  • 24.28
  • No of funds
  • 541
  • Yield
  • 0.46
  • Book Value
  • 17.41
  • U/D Vol ratio
  • 1.8
  • LTDebt / Equity
  • Alpha
  • -0.09
  • Beta
  • 0.89

Berger Paints (India)

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 74.99%
  • 74.99%
  • 74.99%
  • Mutual Funds
  • 1.01%
  • 0.86%
  • 1.15%
  • Insurance Companies
  • 2.27%
  • 2.26%
  • 2.23%
  • Foreign Portfolio Investors
  • 11.03%
  • 11.28%
  • 11.3%
  • Financial Institutions/ Banks
  • 0.1%
  • 0.1%
  • 0.1%
  • Individual Investors
  • 7.73%
  • 7.63%
  • 7.5%
  • Others
  • 2.87%
  • 2.88%
  • 2.73%

Berger Paints (India) Management

  • Name
  • Designation
  • Mr. Kuldip Singh Dhingra
  • Chairman
  • Mr. Gurbachan Singh Dhingra
  • Vice Chairman
  • Mr. Abhijit Roy
  • Managing Director & CEO
  • Mr. Kanwardip Singh Dhingra
  • Executive Director
  • Mrs. Rishma Kaur
  • Executive Director
  • Mr. Pulak Chandan Prasad
  • Independent Director
  • Mr. Naresh Gujral
  • Independent Director
  • Mrs. Sonu Halan Bhasin
  • Independent Director
  • Dr. Anoop Kumar Mittal
  • Independent Director

Berger Paints (India) Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Berger Paints (India) Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-04
  • Quarterly Results
  • 2022-05-26
  • Audited Results & Dividend
  • 2022-02-09
  • Quarterly Results
  • 2021-11-10
  • Quarterly Results
  • 2021-08-06
  • Quarterly Results

Berger Paints (India) MF Shareholding

  • Name
  • Amount(cr)
  • Kotak Equity Arbitrage Fund Growth
  • 25789
  • UTI Flexi Cap Fund Regular Plan Growth
  • 22657
  • ICICI Prudential Equity Arbitrage Fund Regular Growth
  • 13400
  • Nippon India Arbitrage Fund Growth
  • 10809
  • Tata Arbitrage Fund Regular Growth
  • 8386

About Company

Berger paints India limited is the second largest paint company after Asian paints in the country and is headquartered in Kolkata, West Bengal. It has consistently been one of the fastest growing paint companies quarter on quarter, for the past few years. They offer a wide range of innovative painting solutions, industrial or decorative.  They have manufacturing plants in West Bengal, Uttar Pradesh, Jammu & Kashmir, Pondicherry, and Goa. It also has a global presence in four countries- Nepal, Bangladesh, Poland, and Russia. 

It has 16 strategically located manufacturing units across India, and approximately 162 stock points. The company also has a global presence in four countries (Nepal, Bangladesh, Poland and Russia). Berger is regarded as a game changer in the sector, as it offers a vibrant portfolio of paints and tailor-made customer services in every paint segment. It has a vast distribution network of 25,000+ dealers.


Products offered by Berger paints:
Chemicals
Decorative paints
Industrial finishing products
Coatings

History of Berger Paints Limited 

If we talk about its history, it has come a long way. Mr. Hadfield, an Englishman, founded Hadfield's (India) Ltd, a small paint company in Calcutta, in December 1923.

In 1973, the company started generating new products in the marine, industrial and decorative segments. In 1997, at Pondicherry, a new manufacturing unit was inaugurated and in 1999, Rajdoot paints limited was merged with Berger Paints. In 2000, the company acquired Jenson & Nicholson Nepal private limited which was later renamed Berger Jenson & Nicholson, Nepal. 

The company's subsidiary companies are Berger Jenson & Nicholson (Nepal), Beepee Coatings,  and Berger paints overseas. In 2016, Berger Paints India Limited won first prize in NECA, and in 2004, the company has bagged the top taxpayer's award. 
 

Berger Paints (India) FAQs

What is Share Price of Berger Paints (India) ?

Berger Paints (India) share price is ₹674 As on 09 August, 2022 | 03:26

What is the Market Cap of Berger Paints (India) ?

The Market Cap of Berger Paints (India) is ₹65532.1 Cr As on 09 August, 2022 | 03:26

What is the P/E ratio of Berger Paints (India) ?

The P/E ratio of Berger Paints (India) is 69.3 As on 09 August, 2022 | 03:26

What is the PB ratio of Berger Paints (India) ?

The PB ratio of Berger Paints (India) is 16.7 As on 09 August, 2022 | 03:26

Is it a good time to invest in the Berger Paints?

Berger Paints India has an operating revenue of Rs.8,167.78 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 14% is healthy.

How many times have Berger Paints given dividends since 2001?

Berger Paints (India) Ltd. has declared 31 dividends since Feb. 28, 2001.

What is the stock price CAGR of the Berger Paints?

The stock price CAGR of the Berger Paints for 10 Years is 37%, 5 Years is 30%, 3 Years is 34%, 1 Year is -2%.

What is the debt-to-equity ratio of the Berger Paints?

The debt-to-equity ratio of the Berger Paints is 21% which is exceptional.

What is the ROE of the Berger Paints?

The ROE of the Berger Paints is 21% which is exceptional.

Who is the Managing Director of Berger Paints?

Mr. Abhijit Roy is the Managing Director & CEO of Berger Paints since 1st July 2012.

Can we hold Berger's paints for the long term?

The company is a market leader in the paints industry and has shown consistent revenue growth. So, you can consider buying Berger paints stock for the long term. 

Q1FY23