Berger Paints India Limited (IN:BERGEPAINT)
:BERGEPAINT
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Berger Paints India Limited
(BERGEPAINT)
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Rating:67Neutral
Price Target:
₹513.00
▼(-2.91% Downside)
Action:ReiteratedDate:10/17/25
Berger Paints' strong financial performance is the primary driver of its stock score, supported by consistent revenue growth and robust profit margins. However, the technical indicators suggest neutral to slightly bearish momentum, and the high P/E ratio indicates potential overvaluation. The lack of earnings call data and corporate events limits additional insights.
Positive Factors
Prudent balance sheet
Low leverage and a high equity ratio give Berger financial flexibility to fund capex, absorb cyclical downturns, and pursue organic or inorganic growth. A ~19% ROE indicates efficient use of capital, supporting durable shareholder returns and reinvestment capacity.
Negative Factors
Declining free cash flow
A YoY fall in free cash flow signals weaker cash conversion or higher working-capital absorption, which can constrain funding for capex, network expansion or shareholder returns. Even with solid operating conversion, lower FCF heightens sensitivity to profit shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Prudent balance sheet
Low leverage and a high equity ratio give Berger financial flexibility to fund capex, absorb cyclical downturns, and pursue organic or inorganic growth. A ~19% ROE indicates efficient use of capital, supporting durable shareholder returns and reinvestment capacity.
Read all positive factors
Berger Paints India Limited (BERGEPAINT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹551.40B
Dividend Yield0.7%
Average Volume (3M)16.36K
Price to Earnings (P/E)57.7
Beta (1Y)0.92
Revenue Growth3.13%
EPS Growth-7.58%
CountryIN
Employees4,445
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)2.70
Shares Outstanding1,166,002,800
10 Day Avg. Volume14,760
30 Day Avg. Volume16,358
Financial Highlights & Ratios
PEG Ratio44.42
Price to Book (P/B)9.35
Price to Sales (P/S)4.99
P/FCF Ratio68.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)10.96
Revenue Forecast (FY)₹128.61B
Berger Paints India Limited Business Overview & Revenue Model
Company Description
Berger Paints India Limited manufactures and sells paints for home, professional, and industrial users in India and internationally. The company offers interior wall coatings, including designer finishes, interior emulsions, ceiling paints, and di...
How the Company Makes Money
Berger Paints makes money primarily by manufacturing and selling paints and coatings, with revenue largely driven by (1) decorative paints and home-improvement coatings sold to retail customers and institutional buyers, and (2) industrial/protecti...
Berger Paints India Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 117.07B | 115.45B | 111.99B | 105.68B | 87.62B | 68.18B |
| Gross Profit | 43.89B | 46.20B | 43.89B | 37.05B | 32.21B | 28.59B |
| EBITDA | 16.10B | 15.23B | 15.51B | 14.37B | 12.86B | 11.58B |
| Net Income | 10.78B | 11.80B | 11.68B | 8.59B | 8.33B | 7.20B |
Balance Sheet | ||||||
| Total Assets | 94.57B | 91.32B | 83.69B | 79.67B | 72.13B | 59.21B |
| Cash, Cash Equivalents and Short-Term Investments | 7.89B | 8.34B | 5.56B | 2.93B | 3.95B | 6.43B |
| Total Debt | 6.97B | 6.70B | 7.53B | 11.89B | 10.14B | 6.34B |
| Total Liabilities | 31.65B | 29.65B | 29.79B | 34.65B | 32.78B | 25.37B |
| Stockholders Equity | 62.79B | 61.54B | 53.79B | 44.94B | 39.27B | 33.77B |
Cash Flow | ||||||
| Free Cash Flow | 4.56B | 8.40B | 13.16B | 2.28B | -2.08B | 6.10B |
| Operating Cash Flow | 6.47B | 12.69B | 15.91B | 9.76B | 5.67B | 7.96B |
| Investing Cash Flow | -1.69B | -6.50B | -3.98B | -6.00B | -5.21B | -4.57B |
| Financing Cash Flow | -5.03B | -6.06B | -10.69B | -3.63B | -781.30M | -2.82B |
Berger Paints India Limited Technical Analysis
Neutral
528.35
Price Trends
444.14
Positive
490.15
Negative
519.96
Negative
Market Momentum
7.28
Negative
64.78
Neutral
88.70
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BERGEPAINT, the sentiment is Neutral. The current price of 528.35 is above the 20-day moving average (MA) of 431.52, above the 50-day MA of 444.14, and above the 200-day MA of 519.96, indicating a neutral trend. The MACD of 7.28 indicates Negative momentum. The RSI at 64.78 is Neutral, neither overbought nor oversold. The STOCH value of 88.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BERGEPAINT.
Berger Paints India Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹134.35B | 48.69 | ― | 3.04% | -6.99% | 355.21% | |
67 Neutral | ₹551.40B | 57.68 | ― | 0.70% | 3.13% | -7.58% | |
65 Neutral | ₹40.98B | 37.48 | ― | 0.30% | 2.19% | 4.12% | |
64 Neutral | ₹24.09B | 45.97 | ― | 0.30% | 29.19% | 27.65% | |
64 Neutral | ₹159.39B | 39.21 | ― | 1.11% | 1.79% | -49.10% | |
63 Neutral | ₹2.34T | 62.63 | ― | 0.89% | 1.22% | -9.12% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
IN:BERGEPAINT
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Berger Paints India Limited Corporate Events
Berger Paints Confirms SEBI Dematerialisation Compliance for March 2026 Quarter
Apr 6, 2026
Berger Paints India Limited has notified stock exchanges that it has received a compliance certificate from its registrar and transfer agent, C B Management Services Pvt. Ltd., for the quarter ended 31 March 2026 under Regulation 74(5) of the SEBI...
Berger Paints Alerts Shareholders to Special Window for Demat of Physical Securities
Feb 25, 2026
Berger Paints India Limited has notified stock exchanges that it has published a newspaper notice informing shareholders about a special window for re-lodgement for transfer and dematerialisation of physical securities, in line with a recent SEBI ...
Berger Paints Publishes Audio of Investor Presentation on December Quarter Results
Feb 5, 2026
Berger Paints India Limited has notified stock exchanges that the audio recording of its investor presentation on the financial results for the quarter and nine months ended 31 December 2025, held on 5 February 2026, is now available on the compan...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.