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Berger Paints India LimitedBSE:509480 Stock Report

Market Cap ₹614.3b
Share Price
₹526.90
₹518.64
1.6% overvalued intrinsic discount
1Y-4.7%
7D3.7%
1D
Portfolio Value
View

Berger Paints India Limited

BSE:509480 Stock Report

Market Cap: ₹614.3b

Berger Paints India (509480) Stock Overview

Manufactures and sells paints for home, professional, and industrial users in India and internationally. More details

509480 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Rewards

Risk Analysis

No risks detected for 509480 from our risk checks.

509480 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Berger Paints India Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Berger Paints India
Historical stock prices
Current Share Price₹526.90
52 Week High₹604.60
52 Week Low₹391.50
Beta0.42
1 Month Change13.67%
3 Month Change14.83%
1 Year Change-4.68%
3 Year Change-2.92%
5 Year Change-20.38%
Change since IPO37,145.17%

Recent News & Updates

Narrative Update May 04

509480: Trimmed Fair Value Will Highlight Risk From Lower Future P/E

Analysts have trimmed their fair value estimate for Berger Paints India from ₹400 to about ₹388, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Taken together, these factors point to a slightly lower price target, while the underlying expectations remain broadly similar.
Narrative Update Apr 20

509480: Upcoming Results Review Will Reflect Steady Margins And Fair Pricing Multiples

Analysts have trimmed their fair value estimate for Berger Paints India from about ₹529 to about ₹519, reflecting slightly lower assumptions on future profit margin, revenue growth and P/E multiples, along with a modestly reduced discount rate. Valuation Changes Fair Value: Trimmed from about ₹529.45 to about ₹518.64, a small reduction of roughly 2%.
Narrative Update Apr 05

509480: Fair Value View Will Balance Higher Growth Assumptions And Leaner Margins

Analysts have kept their ₹400 price target on Berger Paints India unchanged, citing revised assumptions that now combine higher revenue growth expectations with slightly lower profit margins and a modestly reduced future P/E multiple. Valuation Changes Fair Value: Kept unchanged at ₹400 per share, indicating no revision to the headline valuation outcome despite updated assumptions.
Narrative Update Mar 22

509480: Fair Value View Will Await February Results Board Meeting Outcome

Analysts have trimmed their price target on Berger Paints India from ₹433.52 to ₹400.00 as they adjust assumptions around discount rates, revenue growth, profit margins, and the future P/E multiple used in their valuation work. What's in the News A board meeting is scheduled for Feb 05, 2026 to consider and approve unaudited financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).

Recent updates

Narrative Update May 04

509480: Trimmed Fair Value Will Highlight Risk From Lower Future P/E

Analysts have trimmed their fair value estimate for Berger Paints India from ₹400 to about ₹388, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Taken together, these factors point to a slightly lower price target, while the underlying expectations remain broadly similar.
Narrative Update Apr 20

509480: Upcoming Results Review Will Reflect Steady Margins And Fair Pricing Multiples

Analysts have trimmed their fair value estimate for Berger Paints India from about ₹529 to about ₹519, reflecting slightly lower assumptions on future profit margin, revenue growth and P/E multiples, along with a modestly reduced discount rate. Valuation Changes Fair Value: Trimmed from about ₹529.45 to about ₹518.64, a small reduction of roughly 2%.
Narrative Update Apr 05

509480: Fair Value View Will Balance Higher Growth Assumptions And Leaner Margins

Analysts have kept their ₹400 price target on Berger Paints India unchanged, citing revised assumptions that now combine higher revenue growth expectations with slightly lower profit margins and a modestly reduced future P/E multiple. Valuation Changes Fair Value: Kept unchanged at ₹400 per share, indicating no revision to the headline valuation outcome despite updated assumptions.
Narrative Update Mar 22

509480: Fair Value View Will Await February Results Board Meeting Outcome

Analysts have trimmed their price target on Berger Paints India from ₹433.52 to ₹400.00 as they adjust assumptions around discount rates, revenue growth, profit margins, and the future P/E multiple used in their valuation work. What's in the News A board meeting is scheduled for Feb 05, 2026 to consider and approve unaudited financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update Mar 08

509480: Trimmed Multiple And Board Update Will Support Long Term Upside Potential

Analysts have trimmed their price target on Berger Paints India from ₹700 to ₹650, citing updated assumptions on revenue growth, profit margins, discount rate and future P/E expectations that together point to a slightly more measured outlook on valuation. What's in the News Board meeting scheduled for Feb 05, 2026 to consider and approve unaudited financial results for the quarter and nine months ended Dec 31, 2025.
Narrative Update Feb 21

509480: Upcoming Results Review Will Support Confident Outlook On Earnings Quality

The analyst price target for Berger Paints India has been revised from around ₹557 to about ₹529, with analysts pointing to updated assumptions around the discount rate, revenue growth, profit margin, and future P/E as the key drivers of this reset. What's in the News Berger Paints India has scheduled a board meeting for Feb 5, 2026, to review and approve the unaudited financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update Feb 06

509480: Fair Value View Will Rely On Upcoming Quarterly And Nine Month Results

Analysts have nudged their fair value estimate for Berger Paints India from ₹425.00 to about ₹433.52, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled for 5 Feb 2026 to consider and approve unaudited financial results for the quarter and nine months ended 31 Dec 2025 (company filing).
Narrative Update Jan 23

509480: Slightly Higher Assumptions Will Still Likely Restrain Future Return Potential

Analysts have inched up their fair value estimate for Berger Paints India from ₹422.32 to ₹425.00, citing slightly higher assumptions for revenue growth, profit margin and future P/E, along with a modest adjustment to the discount rate. What's in the News A board meeting is scheduled for Feb 05, 2026 to consider and approve unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Jan 09

509480: Elevated Earnings Multiple Will Still Likely Restrain Future Return Potential

Analysts have made a small adjustment to their price target for Berger Paints India, reflecting slightly updated assumptions around discount rate, revenue growth, profit margin and future P/E that together indicate a fair value of ₹422.32 per share. What's in the News A board meeting is scheduled for Feb 5, 2026, to consider and approve unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Dec 26

509480: Elevated Earnings Multiple Will Likely Constrain Future Return Potential

Analysts have nudged their price target for Berger Paints India slightly lower to ₹422 from about ₹423, as modestly softer long term revenue growth assumptions and a higher implied future P E multiple are offset by expectations of improved profit margins and a marginally lower discount rate. What's in the News Board meeting scheduled for November 4, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update Dec 12

509480: Lower Discount Rate Signals Stronger Long Term Upside Potential

Analysts have modestly raised their fair value estimate for Berger Paints India from ₹670 to ₹700 per share, citing slightly lower discount rate assumptions and a marginally stronger long term revenue growth outlook. These factors more than offset a flat profit margin profile and a richer expected future P E multiple.
Narrative Update Nov 27

509480: Results Review And Margin Trends Will Guide Measured Outlook

Analysts have marginally reduced their price target for Berger Paints India from ₹559.48 to ₹557.24, citing slight decreases in estimated revenue growth and profit margin projections. What's in the News A board meeting is scheduled for November 4, 2025 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update Nov 11

509480: Updated Forecasts And Earnings Review Will Shape Performance

Narrative Update: Berger Paints India Price Target Adjustment Analysts have revised Berger Paints India's fair value estimate slightly downward from ₹569.59 to ₹559.48. This change reflects updated assumptions around projected revenue growth, discount rates, and profit margins.
Narrative Update Sep 05

Monsoon Recovery And Urban Growth Will Expand Market Reach

As both the discount rate and future P/E ratio for Berger Paints India remained essentially unchanged, analysts have kept the fair value estimate stable at ₹569.59. What's in the News Dividend of INR 3.80 per equity share approved at the 101st AGM.
User avatar
New Narrative Dec 02

Urban Initiatives And Premium Products Set To Boost Growth And Margins

Expanding product mix with premium offerings could drive higher margins and market share improvements in urban areas.

Shareholder Returns

509480IN ChemicalsIN Market
7D3.7%2.2%2.1%
1Y-4.7%-2.3%0.8%

Return vs Industry: 509480 underperformed the Indian Chemicals industry which returned -2.5% over the past year.

Return vs Market: 509480 underperformed the Indian Market which returned 0.4% over the past year.

Price Volatility

Is 509480's price volatile compared to industry and market?
509480 volatility
509480 Average Weekly Movement4.9%
Chemicals Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.3%
10% least volatile stocks in IN Market4.8%

Stable Share Price: 509480 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 509480's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19234,760Abhijit Roywww.bergerpaints.com

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, and ceiling paints; exterior wall coatings comprising exterior emulsions and textures, and roof and floor coatings; specialty industrial coatings; putty and cement paints; solvent, interior, exterior, metal, and wood primers; waterproofing solutions; wood finishes; enamels; aerosol spray paints, and DIY kits and stickers. It also provides automotive, fireproof, protective, floor, and powder coatings; road markings; construction chemicals, flooring compounds, bitumen and coal tar-based products, sealants and adhesives, and anti-corrosive coatings; lacquers; and various sanitization products.

Berger Paints India Limited Fundamentals Summary

How do Berger Paints India's earnings and revenue compare to its market cap?
509480 fundamental statistics
Market cap₹614.31b
Earnings (TTM)₹11.27b
Revenue (TTM)₹119.87b
54.5x
P/E Ratio
5.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
509480 income statement (TTM)
Revenue₹119.87b
Cost of Revenue₹68.27b
Gross Profit₹51.60b
Other Expenses₹40.33b
Earnings₹11.27b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)9.67
Gross Margin43.04%
Net Profit Margin9.40%
Debt/Equity Ratio2.1%

How did 509480 perform over the long term?

See historical performance and comparison

Dividends

0.8%
Current Dividend Yield
38%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/27 10:04
End of Day Share Price 2026/05/27 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Berger Paints India Limited is covered by 38 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aradhana Jain360 ONE Capital Market Private Limited
Ronak SoniAmbit Capital
Ajay ThakurAnand Rathi Shares and Stock Brokers Limited