BERGEPAINT

Berger Paints (India) Share PriceBerger Paints (India)

₹575.55
1.5 (0.26%)
  • Advice
  • Hold
As on 30 November, 2023 | 11:32 BSE: 509480 NSE: BERGEPAINTISIN: INE463A01038

Berger Paints (India) Performance

Day Range

  • Low 571.35
  • High 576.45
₹ 575.55

52 Week Range

  • Low 439.29
  • High 679.75
₹ 575.55
  • Open Price573.00
  • Previous Close574.05
  • Volume298026

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Berger Paints (India) Share Price

  • Over 1 Month 6.86%
  • Over 3 Month -4.33%
  • Over 6 Month 7.54%
  • Over 1 Year 12.59%

Berger Paints (India) Key Statistics

P/E Ratio 65
PEG Ratio 7.1
Market Cap Cr 67,092
Price to Book Ratio 14.9
EPS 7.1
Dividend 0.5
Relative Strength Index 50.18
Money Flow Index 42.24
MACD Signal 1.32
Average True Range 11.35

Berger Paints (India) Investment Rating

  • Master Rating:
  • Berger Paints India has an operating revenue of Rs. 10,934.03 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 11% is healthy, ROE of 19% 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 close to its 50DMA and comfortably placed above its 200DMA, around 5% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 167 indicates it belongs to a poor 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 is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Berger Paints (India) Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,4402,7402,1892,4192,3742,4891,928
Operating Expenses Qtr Cr 2,0372,2261,8472,1082,0552,1151,614
Operating Profit Qtr Cr 403514343311318374314
Depreciation Qtr Cr 75706757555652
Interest Qtr Cr 17172626211412
Tax Qtr Cr 831136761668067
Net Profit Qtr Cr 244326196207191234203
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 9,5487,804
Operating Expenses Annual Cr 8,1256,558
Operating Profit Annual in Cr 1,3461,183
Depreciation Cr 234198
Interest Annual Cr 8643
Tax Annual Cr 274255
Net Profit Annual Cr 828750
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 934519
Cash from Investing Activity Annual Cr -659-538
Cash from Financing Annual Activity Cr -284-5
Net Cash Flow Annual Cr -9-25
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,2953,764
Fixed Assets Annual Cr 2,8192,214
Total Non Current Assets Annual Cr 3,8003,103
Total Current Assets Annual Cr 3,6003,523
Total Assets Annual Cr 7,4006,626
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4439
ROE Annual % 1920
ROCE Annual % 2525
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1516
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,7673,0302,4442,6942,6712,7602,188
Operating Expenses Qtr Cr 2,2942,4732,0752,3442,3072,3551,841
Operating Profit Qtr Cr 474557369350364405346
Depreciation Qtr Cr 83787464626360
Interest Qtr Cr 21202930241615
Tax Qtr Cr 971217268738976
Net Profit Qtr Cr 292354186201219253221
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 10,6198,826
Operating Expenses Annual Cr 9,0817,431
Operating Profit Annual in Cr 1,4871,331
Depreciation Cr 264227
Interest Annual Cr 9951
Tax Annual Cr 302289
Net Profit Annual Cr 859833
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 976567
Cash from Investing Activity Annual Cr -600-521
Cash from Financing Annual Activity Cr -363-78
Net Cash Flow Annual Cr 13-33
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,4943,927
Fixed Assets Annual Cr 3,1602,517
Total Non Current Assets Annual Cr 3,8033,155
Total Current Assets Annual Cr 4,1644,057
Total Assets Annual Cr 7,9677,213
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4641
ROE Annual % 1921
ROCE Annual % 2627
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1516

Berger Paints (India) Technicals

EMA & SMA

Current Price
₹575.55
1.5 (0.26%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹574.05
  • 50 Day
  • ₹574.51
  • 100 Day
  • ₹569.84
  • 200 Day
  • ₹556.12
  • 20 Day
  • ₹573.22
  • 50 Day
  • ₹576.28
  • 100 Day
  • ₹578.77
  • 200 Day
  • ₹544.25

Berger Paints (India) Resistance and Support

PIVOT
₹574.04
Resistance
First Resistance 575.92
Second Resistance 577.78
Third Resistance 579.67
RSI 50.18
MFI 42.24
MACD Single Line 1.32
MACD 1.31
Support
First Resistance 572.17
Second Resistance 570.28
Third Resistance 568.42

Berger Paints (India) Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 593,414 32,210,512 54.28
Week 544,049 21,908,833 40.27
1 Month 779,732 27,898,821 35.78
6 Month 1,014,182 38,031,840 37.5

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. 9470.62 Cr. and Equity Capital is Rs. 97.14 Cr. for the Year ended 31/03/2023. 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 66,917
Sales 9,788
Shares in Float 29.14
No of funds 573
Yield 0.56
Book Value 15.64
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.03
Beta 0.6

Berger Paints (India)

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 74.99%74.99%74.99%75%
Mutual Funds 0.91%1.03%1%1.12%
Insurance Companies 2.87%2.43%2.17%1.53%
Foreign Portfolio Investors 10.89%10.83%10.64%11.11%
Financial Institutions/ Banks 0.03%0.01%0.01%0.01%
Individual Investors 7.14%7.61%8.11%8.22%
Others 3.17%3.1%3.08%3.01%

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
Mr. Anoop Hoon Independent Director
Mr. Gopal Krishna Pillai 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
2023-11-02 Quarterly Results
2023-08-09 Quarterly Results & Bonus issue
2023-02-02 Quarterly Results
2022-11-10 Quarterly Results
2022-08-04 Quarterly Results
Date Purpose Remarks
2023-09-23 Bonus Re.0.00 issue in the ratio of 1:5 @ Re. 1/-.

Berger Paints (India) MF Shareholding

Name Amount(cr)
Kotak Equity Arbitrage Fund Growth 28,958
UTI Flexi Cap Fund Regular Plan Growth 24,370
SBI Arbitrage Opportunities Fund Regular Growth 22,370
ICICI Prudential Equity Arbitrage Fund Regular Growth 15,356
Invesco India Arbitrage Fund Growth 8,678

About Berger Paints (India)

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

Berger Paints (India) FAQs

What is Share Price of Berger Paints (India) ?

Berger Paints (India) share price is ₹575 As on 30 November, 2023 | 11:18

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

The Market Cap of Berger Paints (India) is ₹67092.3 Cr As on 30 November, 2023 | 11:18

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

The P/E ratio of Berger Paints (India) is 65 As on 30 November, 2023 | 11:18

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

The PB ratio of Berger Paints (India) is 14.9 As on 30 November, 2023 | 11:18

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. 

Q2FY23