Berger Paints India Ltd.

NSE: BERGEPAINT · Consumer Durables

₹478.35-5.28%06 Nov 2026

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Instant answers about Berger Paints India Ltd. — computed from its filings, no language model

Market cap₹55,776 cr

Current price₹478.35

High / Low₹590 / ₹404

P/E45.5

P/B7.88

Book value₹60.7

ROE17.3%

ROCE21.2%

Debt / equity0.08

Dividend yield0.79%

EPS (TTM)₹10.52

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	5,282	6,062	6,366	6,818	8,762	10,568	11,199	11,545	11,880
EBITDA	807	882	1,061	1,188	1,331	1,487	1,861	1,856	1,833
Operating margin	15.3%	14.5%	16.7%	17.4%	15.2%	14.1%	16.6%	16.1%	15.4%
Interest	25	32	47	44	51	99	78	63	58
Depreciation	124	138	191	211	227	264	331	354	392
Profit before tax	704	772	891	979	1,122	1,176	1,516	1,533	1,437
Tax	244	273	227	259	289	302	387	386	360
Net profit	0	498	658	720	833	859	1,168	1,180	1,127
EPS ₹	4.75	5.13	6.76	7.41	8.58	8.86	10.02	10.13	9.67
Operating cash flow	—	—	—	—	566	976	1,591	1,269	1,540
Capex	—	—	—	—	774	748	275	429	518
Dividend paid	—	—	—	—	272	301	311	408	443
Total assets	3,943	4,567	4,905	5,921	7,213	7,967	8,369	9,132	10,057
Equity	2,195	2,444	2,660	3,377	3,927	4,494	5,379	6,154	6,916

Quarterly performance

last 33 quarters · ₹ crore

showing latest 8 of 33 periods

	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,298	1,490	1,617	1,472	1,717	1,599	1,696	1,355	931	1,743	2,118	2,026	1,798	2,225	2,551	2,188	2,671	2,694	2,444	3,030	2,767	2,882	2,520	3,091	2,775	2,975	2,704	3,201	2,827	2,984	2,868	3,584	3,200
Operating profit	200	207	236	212	305	251	296	208	92	335	415	336	239	354	392	346	364	350	369	557	474	480	351	522	434	472	428	528	352	471	482	607	371
Operating margin	15.4%	13.9%	14.6%	14.4%	17.8%	15.7%	17.5%	15.4%	9.9%	19.2%	19.6%	16.6%	13.3%	15.9%	15.4%	15.8%	13.6%	13.0%	15.1%	18.4%	17.1%	16.7%	13.9%	16.9%	15.6%	15.9%	15.8%	16.5%	12.5%	15.8%	16.8%	16.9%	11.6%
Other income	12	12	15	16	22	16	14	17	8	23	16	15	17	13	15	19	13	11	15	14	15	19	16	36	21	20	17	28	26	31	22	39	32
Interest	6	8	11	10	10	10	13	14	12	11	9	12	10	13	14	15	24	30	29	20	21	20	18	15	17	16	15	14	17	14	12	12	17
Depreciation	32	34	36	35	46	47	48	49	50	54	53	54	55	56	56	60	62	64	74	78	83	83	87	87	89	89	89	94	97	100	101	103	109
Profit before tax	174	177	205	184	271	209	250	162	37	293	369	283	191	298	338	296	293	267	280	472	389	398	262	456	349	387	341	412	264	334	428	531	277
Tax	60	60	70	72	94	13	64	56	18	72	95	75	50	79	84	76	73	68	72	121	97	98	71	112	88	98	87	108	68	81	103	138	68
Net profit	0	0	0	112	177	195	182	104	15	221	275	209	1,743	219	253	221	219	201	186	354	292	300	222	354	0	295	262	315	206	271	335	404	217
EPS ₹	1.09	1.20	1.38	1.15	1.82	2.01	1.91	1.06	0.16	2.28	2.83	2.15	1.45	2.25	2.60	2.27	2.26	2.07	1.91	3.65	2.50	2.57	1.91	3.03	2.31	2.53	2.25	2.70	1.77	2.33	2.87	3.47	1.86
Revenue YoY	—	—	—	13.4%	—	7.3%	4.9%	-8.0%	-45.8%	9.0%	24.9%	49.5%	93.2%	27.7%	20.4%	8.0%	20.0%	5.6%	11.7%	—	3.6%	7.0%	3.1%	2.0%	0.3%	3.2%	7.3%	3.6%	1.9%	0.3%	6.1%	12.0%	13.2%
Profit YoY	—	—	—	—	—	—	—	-7.3%	-91.3%	13.3%	51.1%	101.1%	11202.0%	-0.9%	-8.0%	5.8%	0.2%	-20.5%	-15.8%	—	33.0%	49.1%	19.6%	-0.2%	-100.0%	-1.5%	18.0%	-11.0%	—	-8.1%	27.8%	28.5%	5.1%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Berger Paints India Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	1,514	1,689	2,101	2,658	3,024	3,385	3,807	4,133	4,609
Operating profit	133	181	217	265	336	390	475	607	663
Operating margin	8.8%	10.7%	10.3%	10.0%	11.1%	11.5%	12.5%	14.7%	14.4%
Other income	17	18	36	35	31	31	34	35	49
Interest	12	3	12	15	28	34	35	17	7
Depreciation	20	26	30	38	46	58	79	88	97
Profit before tax	117	169	211	248	293	328	396	537	666
Tax	29	49	63	71	83	93	130	182	219
Net profit	89	120	148	177	210	234	266	355	446

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	351	356	336	378	424	360	352	373	454	426	436	492	518	550	541	641	633	701	683	752	714	822	736	818	831	883	853	941	961	978	927	1,014	1,030	1,077	1,011	1,160	1,143	1,168	1,137	1,262	1,136	1,191
Operating profit	38	36	36	32	41	28	32	43	52	43	43	55	55	56	52	60	66	68	71	76	75	100	85	90	91	106	103	112	110	132	122	145	135	175	152	187	156	163	157	177	182	201
Operating margin	10.7%	10.2%	10.6%	8.4%	9.6%	7.9%	9.1%	11.6%	11.4%	10.1%	9.8%	11.1%	10.6%	10.2%	9.6%	9.4%	10.4%	9.8%	10.3%	10.1%	10.5%	12.2%	11.6%	11.0%	10.9%	12.0%	12.0%	11.9%	11.4%	13.5%	13.1%	14.3%	13.1%	16.2%	15.1%	16.1%	13.6%	14.0%	13.8%	14.0%	16.0%	16.9%
Other income	1	2	3	7	2	2	6	3	4	5	6	6	7	8	14	9	8	9	9	7	6	8	9	7	7	7	9	9	7	9	9	7	9	7	12	9	16	9	14	10	17	9
Interest	2	3	4	2	3	5	2	1	1	1	1	1	3	5	4	3	5	5	2	7	6	7	7	7	9	9	10	9	10	9	8	6	6	4	2	1	3	3	2	1	5	6
Depreciation	5	5	5	5	5	5	6	6	6	7	7	7	7	8	8	8	9	10	10	11	11	12	13	12	14	15	17	18	18	22	20	21	22	23	22	23	24	24	25	27	27	28
Profit before tax	32	30	30	32	35	20	30	40	48	40	41	53	52	52	54	58	60	62	68	66	64	90	74	78	76	90	84	94	89	110	103	126	116	155	140	172	232	145	117	159	166	177
Tax	7	7	6	8	6	5	9	11	14	12	12	16	15	15	17	17	17	17	20	18	18	24	23	23	20	24	26	32	29	36	33	43	40	54	45	58	70	49	42	54	58	62
Net profit	25	23	24	23	29	15	21	28	35	28	29	37	37	37	38	41	43	45	49	48	46	65	51	55	56	66	58	63	59	73	71	83	76	101	95	114	161	96	75	105	108	115
EPS ₹	0.78	0.73	0.75	0.73	0.91	0.47	0.67	0.89	1.09	0.83	0.84	1.07	1.06	1.07	1.09	1.18	1.24	1.30	1.41	1.38	1.32	1.89	1.47	1.59	1.60	1.89	1.67	1.81	1.71	2.12	1.02	1.19	1.10	1.46	1.37	1.18	1.66	0.99	1.06	1.08	1.11	1.18
Revenue YoY	—	—	—	—	20.9%	1.1%	4.7%	-1.5%	7.1%	18.5%	23.8%	32.0%	14.1%	29.1%	24.1%	30.4%	22.1%	27.5%	26.3%	17.2%	12.9%	17.3%	7.9%	8.9%	16.3%	7.4%	15.9%	14.9%	15.7%	10.8%	8.6%	7.9%	7.2%	10.1%	9.1%	14.4%	11.0%	8.4%	12.5%	8.8%	-0.6%	2.0%
Profit YoY	—	—	—	—	16.5%	-35.7%	-10.2%	22.5%	19.4%	85.6%	35.9%	30.4%	5.6%	33.0%	28.9%	10.0%	17.1%	21.7%	29.6%	17.1%	6.5%	45.6%	4.3%	15.6%	21.2%	0.4%	13.8%	13.4%	7.0%	11.8%	22.0%	32.4%	28.3%	37.8%	34.1%	38.0%	111.7%	-5.1%	-20.9%	-7.9%	-32.9%	19.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	11.8%	19.8%	27.2%	24.7%	18.6%	19.6%	23.1%	21.3%	72.5%	72.4%	71.8%	62.0%	21.4%	21.3%	23.4%	21.7%	21.7%	15.7%	15.6%	14.8%	14.2%	17.2%	16.8%	16.3%	17.6%	17.3%
ROCE	29.9%	31.1%	32.7%	29.4%	22.1%	24.8%	28.4%	27.3%	31.4%	31.6%	30.9%	25.6%	24.9%	25.1%	27.2%	26.1%	25.7%	24.0%	23.8%	23.4%	22.7%	21.0%	20.2%	19.8%	21.3%	21.2%
Net margin	4.6%	7.6%	10.3%	10.3%	8.9%	9.1%	10.0%	10.6%	31.8%	29.9%	28.2%	27.8%	8.9%	9.4%	10.2%	10.4%	10.4%	7.8%	7.7%	7.9%	7.5%	9.2%	9.0%	9.5%	9.9%	9.7%
EBITDA margin	15.2%	15.7%	16.4%	16.7%	15.2%	16.3%	17.1%	17.3%	17.2%	16.4%	15.4%	15.2%	15.1%	16.0%	16.9%	16.6%	16.2%	15.9%	15.7%	16.1%	16.0%	15.2%	15.2%	15.4%	15.6%	15.3%
Debt / equity	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.11	0.11	0.11	0.11	0.17	0.26	0.24	0.24	0.14	0.14	0.14	0.14	0.11	0.11	0.11	0.11	0.09	0.09	0.08
Interest coverage	22.77	22.23	22.43	19.95	14.29	15.82	19.61	23.27	28.51	27.52	24.12	23.15	13.78	15.13	18.16	20.44	21.42	22.04	23.04	25.24	24.79	23.29	23.11	25.96	29.02	29.70
Asset turnover	1.38	1.40	1.42	1.30	1.14	1.17	1.25	1.15	1.30	1.38	1.45	1.21	1.36	1.30	1.32	1.34	1.35	1.27	1.28	1.26	1.28	1.24	1.24	1.18	1.22	1.17

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	69	97	97	97	97	97	97	97	97	117	117	117	117	117	117	117
Other equity / reserves	1,493	1,804	2,097	2,347	2,563	3,280	3,830	4,003	4,397	4,725	5,262	5,474	6,038	6,163	6,800	6,961
Total equity	1,562	1,902	2,195	2,444	2,660	3,377	3,927	4,100	4,494	4,842	5,379	5,591	6,154	6,279	6,916	7,078
Borrowings	310	406	422	484	536	376	668	1,634	1,189	1,154	753	797	670	697	635	575
Current liabilities	1,024	1,179	1,403	1,573	1,707	2,051	2,852	3,652	2,975	3,012	2,363	2,665	2,380	2,574	2,566	3,168
Non-current liabilities	291	359	346	546	531	486	427	455	490	540	617	614	585	591	561	556
Total assets	2,877	3,440	3,943	4,567	4,905	5,921	7,213	8,215	7,967	8,403	8,369	8,881	9,132	9,457	10,057	10,816
Property, plant & equipment	766	950	998	1,037	1,321	1,404	1,473	1,534	2,536	2,522	2,516	2,495	2,693	2,707	2,811	2,964
Capital work-in-progress	51	62	97	170	178	107	606	907	110	125	187	228	123	216	316	205
Investments	48	105	106	—	179	210	87	28	183	182	255	258	533	560	1,189	896
Inventories	733	935	1,007	1,234	1,278	1,616	2,316	2,597	2,319	2,245	2,180	2,309	2,366	2,222	2,393	2,872
Receivables	545	578	692	671	714	1,020	1,054	1,485	1,243	1,667	1,323	1,692	1,546	1,856	1,573	1,925
Cash & equivalents	42	45	84	57	79	136	103	84	116	155	240	184	254	230	207	129

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 11 periods

	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	595	395	422	611	725	796	566	976	1,591	1,269	1,540
Cash from investing	-259	-308	-183	-379	-223	-457	-521	-600	-398	-650	-976
Cash from financing	-368	-82	-200	-259	-479	-282	-78	-363	-1,069	-606	-613
Capex	122	269	293	293	435	186	774	748	275	429	518
Free cash flow	473	126	129	318	290	610	-208	228	1,316	840	1,022
Dividends paid	108	117	205	211	382	29	272	301	311	408	443

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹2,964 cr27%

CWIP

₹205 cr2%

Investments

₹896 cr8%

Inventories

₹2,872 cr27%

Receivables

₹1,925 cr18%

Cash & equivalents

₹129 cr1%

Other assets

₹1,826 cr17%

Peer comparison

largest in Consumer Durables · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Titan Company Ltd.	4,43,900	5,000.00	63.1	24.31	38.5%
Asian Paints Ltd.	2,44,212	2,546.00	50.5	11.24	22.3%
LG Electronics India Ltd.	1,19,063	1,754.10	61.9	13.52	21.8%
Dixon Technologies (India) Ltd.	77,202	12,625.00	49.8	13.13	26.4%
Havells India Ltd.	70,793	1,128.00	42.6	7.24	17.0%
Kalyan Jewellers India Ltd.	61,009	590.75	42.5	9.67	22.7%
Berger Paints India Ltd.	55,776	478.35	45.5	7.88	17.3%
Voltas Ltd.	36,355	1,099.00	80.9	5.70	7.0%
Blue Star Ltd.	32,382	1,575.00	60.6	9.29	15.3%
Amber Enterprises India Ltd.	22,582	6,403.00	235.1	5.16	2.2%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+3.1%

6 months-2.0%

1 year-12.2%

3Y CAGR-5.6%

5Y CAGR-5.3%

10Y CAGR+8.4%

50-day avg₹470.25

200-day avg₹482.79

RSI (14)52

Long-term financials (FY13–FY14)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY14	₹3,870 Cr	₹350 Cr	₹249 Cr
FY13	₹3,346 Cr	₹308 Cr	₹218 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

Compare Berger Paints India Ltd. with

Dixon Technologies (India) vs Berger Paints India Havells India vs Berger Paints India Kalyan Jewellers India vs Berger Paints India Berger Paints India vs Voltas Berger Paints India vs Blue Star

FAQs

What is the share price of Berger Paints India Ltd.?

Berger Paints India Ltd. (BERGEPAINT) closed at ₹478.35 on NSE on 06 Nov 2026.

What is the market cap of Berger Paints India Ltd.?

₹55,776 crore at the latest close.

What is the P/E ratio of Berger Paints India Ltd.?

45.5, on trailing-twelve-month earnings from its filings.

How fast is Berger Paints India Ltd. growing?

Berger Paints India Ltd.: revenue has compounded at 4.0% a year over three years; net profit at 9.5% a year. Latest-quarter revenue is up 13.2% year on year, profit up 5.1%.

How profitable is Berger Paints India Ltd.?

On a trailing-twelve-month basis return on equity is 17.3%, return on capital employed 21.2%, operating margin 15.3%, net margin 9.7%.

How much debt does Berger Paints India Ltd. have?

Berger Paints India Ltd. is lightly geared: debt to equity is 0.08 with borrowings of ₹575 cr against cash of ₹129 cr (balance sheet of 2026-09-30). Operating profit covers interest 29.7 times.

Financials parsed from Berger Paints India Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '16. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.