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Berger Paints India Ltd Share Price (BERGEPAINT)

₹556.750.88%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Berger Paints India Ltd

Key events for Berger Paints India Ltd

  • Berger Paints India Ltd has a high P/E ratio of 57.9x - 07 Apr, 2024

    Despite superior earnings growth, Berger Paints India Ltd's high P/E ratio may not be sustainable if weaker earnings growth is predicted in the future.

  • Berger Paints Records Strong Q3 Results and Aims for Doubling Revenue - 29 Mar, 2024

    Berger Paints India Ltd reports a 49% YoY increase in consolidated net profit for Q3 FY24 and aims to double its revenue to Rs. 20,000 crore by 2028-29. The company's CEO mentions that growth in the paints industry comes from incremental steps.

  • Berger Paints Nigeria Approves Dividend Proposal, CEO Rejects Price Cuts - 27 Mar, 2024

    Berger Paints Nigeria has approved its audited financial statements and dividend proposal for the year ended 31 December 2023. Meanwhile, Berger Paints India's CEO rejects price cuts as a strategy and believes that industry-wide margins will remain stable.

  • Berger Paints to Produce Stabilising Agent Using Green Technology - 26 Mar, 2024

    Berger Paints has signed a technology transfer agreement with Ramakrishna Mission Vidyamandira to explore pilot-scale and subsequent industrial-scale production of green ammonia by an electrocatalytic method without using green hydrogen. The move is expected to provide the company with a cost advantage while being more environmentally friendly.

  • Berger Paints to Produce Stabilising Agent for Paints Using Green Ammonia Technology - 24 Mar, 2024

    Berger Paints has signed a technology transfer agreement with Ramakrishna Mission Vidyamandira to produce green ammonia-based stabilisers for its paints. The electrocatalytic method will provide an environmentally friendly and cost-effective alternative to procuring stabilisers from external sources. This move is expected to have a positive impact on the company's sustainability efforts.

  • Berger Paints India Ltd Stock Gains in Low Double-Digits - 20 Mar, 2024

    Shares of Berger Paints and Shalimar Paints have gained in low double-digits over the last year, with only Indigo Paints outperforming the Sensex.

  • Paint Stocks Face Selling Pressure Due to Discounts and Rising Crude Prices - 19 Mar, 2024

    Shares of Berger Paints India Ltd and other paint manufacturers faced selling pressure after Birla Opus released its product price list with discounts to industry rates. Additionally, rising crude prices, which account for almost 40% of input bills, could lead to narrower profit margins.

  • Berger Paints India's ROCE Higher Than Industry Average - 16 Mar, 2024

    Berger Paints India has a return on capital employed (ROCE) of 30%, which is higher than the Chemicals industry average of 14%. The company has employed 107% more capital in the last five years, and the returns on that capital have remained stable at 30%. This bodes well for the company's future.

  • Macquarie Cuts Target Price for Berger Paints India Ltd - 12 Mar, 2024

    Global investment bank Macquarie has recommended an underperform rating on Berger Paints India Ltd, slashing its target price to Rs 490 from Rs 520. The bank also cut the target price for Kansai Nerolac to Rs 320 from Rs 360 earlier. This comes as Macquarie slashed earnings estimates for both companies due to rising costs of access for smaller players.

Analyst Rating for Berger Paints India Ltd stock

based on 19 analysts

SELL
5.00%
Buy
25.00%
Hold
70.00%
Sell

Based on 19 analysts offering long term price targets for Berger Paints India Ltd. An average target of ₹532.68

Source: S&P Global Market Intelligence

Berger Paints India Ltd share Performance

  • ₹555.4
    ₹563
    ₹556.75
    downward going graph

    0.24%

    Downside

    Day's Volatility:1.37%

    Upside

    1.12%

    downward going graph
  • ₹475.12
    ₹679.75
    ₹556.75
    downward going graph

    14.66%

    Downside

    52 Weeks Volatility:36.75%

    Upside

    22.09%

    downward going graph
1 Month Return-0.38 %
3 Month Return-5.72 %
1 Year Return15.44 %
Previous Close₹561.70
Open₹561.70
Volume3.26L
Upper Circuit-
Lower Circuit-
Market Cap₹65,482.76Cr

Berger Paints India Ltd Company Information

Berger Paints India Ltd is a leading paint company in India, incorporated in 1923. It is one of the oldest paint companies in India and has a strong presence in the decorative, industrial and automotive segments. The company operates in various lines of business including decorative paints, industrial paints, automotive paints, wood finishes, waterproofing solutions, and construction chemicals.

Berger Paints India Ltd has a wide range of products ranging from interior wall coatings, exterior wall coatings, wood finishes, metal finishes, and special effects. Their top products include Luxol Satin Enamel, Luxol Gloss Enamel, WeatherCoat Exterior Emulsion, WeatherCoat Long Life, and WeatherCoat All Guard. Popular brands include Luxol, WeatherCoat, and Express Painting. Berger Paints India Ltd also provides colour consultancy services to their customers.

Share Price: ₹556.75 per share as on 12 Apr, 2024 04:01 PM
Market Capitalisation: ₹65,482.76Cr as of today
Revenue: ₹2,881.83Cr as on December 2023 (Q4 23)
Net Profit: ₹300.16Cr as on December 2023 (Q4 23)
Listing date: 15 May, 1995
Chairperson Name: Kuldip Singh Dhingra
OrganisationBerger Paints India Ltd
Headquarters
IndustryPaints/Varnish
E-voting on sharesClick here to vote

Fundamentals of Berger Paints India Ltd

Insights on Berger Paints India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.78K Cr → 2.90K Cr (in ₹), with an average increase of 4.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.91% to 1.07% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 291.64 Cr → 299.65 Cr (in ₹), with an average increase of 2.7% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.99% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 585.9% return, outperforming this stock by 593.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 126.4% return, outperforming this stock by 111.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.05% to 9.65% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, BERGEPAINT stock has moved down by -7.4%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 10.89% to 10.68% in Dec 2023 quarter

Berger Paints India Ltd Valuation

Berger Paints India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (50.76x)

February 22, 2018

Today (57.89x)

April 10, 2024

Industry (65.23x)

April 10, 2024

Highest (139.27x)

December 30, 2020

LowHigh

Berger Paints India Ltd Mutual Fund Holdings

Funds Holdings
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.34%
ICICI Prudential Nifty Next 50 Index Fund Direct Plan GrowthICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth0.88%
UTI Nifty Next 50 Index Fund Direct GrowthUTI Nifty Next 50 Index Fund Direct Growth0.88%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct GrowthBandhan Nifty100 Low Volatility 30 Index Fund Direct Growth2.73%
SBI Nifty Next 50 Index Fund Direct GrowthSBI Nifty Next 50 Index Fund Direct Growth0.88%

Berger Paints India Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
74.99%
0.00
Foreign Institutions
10.68%
-1.94
Mutual Funds
1.07%
17.78
Retail Investors
9.65%
-4.02
Others
3.61%
14.45

Technicals of Berger Paints India Ltd share

News & Events of Berger Paints India Ltd

News

L&T concludes Divestment of its entire stake in L&T Infrastructure Development Projects Limited

Larsen & Toubro has announced the completion of divestment of L&T Infrastructure Development Projects Limited, a joint venture between Larsen & Toubro Limit... Read more

12 Apr, 2024 04:58 PM

Sensex tanks 793 pts, Nifty holds 22,500; L&T drops 2%

Domestic equity market took a tumble today, mirroring the downbeat mood in other Asian stock markets. Inflation worries flared up again after hot US inflation d... Read more

12 Apr, 2024 05:49 PM

Edelweiss-backed Epic Concesiones Acquires 100% Stake in L&T Infrastructure Development Projects Limited (L&T IDPL)

Epic Concesiones Private Limited (ECPL) has acquired 100% of the equity share capital of L&T Infrastructure Development Projects Limited (L&T IDPL).

12 Apr, 2024 08:38 PM
View More

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Berger Paints India Ltd (BERGEPAINT) share price today is ₹556.75

Berger Paints India Ltd is listed on NSE

Berger Paints India Ltd is listed on BSE

  • Today’s highest price of Berger Paints India Ltd is ₹563.
  • Today’s lowest price of Berger Paints India Ltd is ₹555.4.

PE Ratio of Berger Paints India Ltd is 57.89

PE ratio = Berger Paints India Ltd Market price per share / Berger Paints India Ltd Earnings per share

Today’s traded volume of Berger Paints India Ltd(BERGEPAINT) is 3.26L.

Today’s market capitalisation of Berger Paints India Ltd(BERGEPAINT) is ₹65482.76Cr.

Berger Paints India Ltd(BERGEPAINTPrice
52 Week High
₹679.75
52 Week Low
₹475.12

Berger Paints India Ltd(BERGEPAINT) share price is ₹556.75. It is down -18.09% from its 52 Week High price of ₹679.75

Berger Paints India Ltd(BERGEPAINT) share price is ₹556.75. It is up 17.18% from its 52 Week Low price of ₹475.12

Berger Paints India Ltd(BERGEPAINTReturns
1 Day Returns
-4.95%
1 Month Returns
-0.38%
3 Month Returns
-5.72%
1 Year Returns
15.44%