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5094

Berger Paints India BSE:509480 Stock Report

Last Price

₹627.35

Market Cap

₹609.4b

7D

-4.9%

1Y

-20.5%

Updated

19 May, 2022

Data

Company Financials +
509480 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends4/6

509480 Stock Overview

Berger Paints India Limited manufactures and sells paint products for home, professional, and industrial users in India and internationally.

Berger Paints India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Berger Paints India
Historical stock prices
Current Share Price₹627.35
52 Week High₹872.00
52 Week Low₹620.55
Beta0.26
1 Month Change-10.68%
3 Month Change-14.94%
1 Year Change-20.45%
3 Year Change104.12%
5 Year Change158.28%
Change since IPO4,827.30%

Recent News & Updates

Shareholder Returns

509480IN ChemicalsIN Market
7D-4.9%2.0%1.2%
1Y-20.5%11.6%8.1%

Return vs Industry: 509480 underperformed the Indian Chemicals industry which returned 13.7% over the past year.

Return vs Market: 509480 underperformed the Indian Market which returned 10.5% over the past year.

Price Volatility

Is 509480's price volatile compared to industry and market?
509480 volatility
509480 Average Weekly Movement4.1%
Chemicals Industry Average Movement7.0%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: 509480 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 509480's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19233,814Abhijit Royhttps://www.bergerpaints.com

Berger Paints India Limited manufactures and sells paint products for home, professional, and industrial users in India and internationally. It offers interior wall coatings, including designer finishes, interior emulsions, ceiling paints, and interior wall distempers; exterior wall coatings comprising exterior emulsions and texture finishes; exterior textures; self-painting, repair, enamel, glow in the dark, wall stencil, and aerosol spray kits; metal, glass, and wood finishes; and undercoats, such as putty, interior, exterior, and metal primers. The company also provides waterproofing solutions; and construction chemicals, flooring compounds, bitumen and coal tar based products, sealants and adhesives, protective and anti-corrosive coatings, etc. In addition, it offers protective and powder coatings; GI and automotive coatings; and various household cleaning products, such as hand sanitizers, disinfectant floor cleaners, toilet cleaners, etc. The company was formerly known as British Paints (India) Limited and changed its name to Berger Paints India Limited in December 1983.

Berger Paints India Fundamentals Summary

How do Berger Paints India's earnings and revenue compare to its market cap?
509480 fundamental statistics
Market Cap₹609.38b
Earnings (TTM)₹8.21b
Revenue (TTM)₹86.00b

74.2x

P/E Ratio

7.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
509480 income statement (TTM)
Revenue₹86.00b
Cost of Revenue₹52.66b
Gross Profit₹33.35b
Other Expenses₹25.14b
Earnings₹8.21b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 26, 2022

Earnings per share (EPS)8.45
Gross Margin38.77%
Net Profit Margin9.54%
Debt/Equity Ratio31.7%

How did 509480 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is Berger Paints India undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


74.25x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 509480 (₹627.35) is trading above our estimate of fair value (₹183.96)

Significantly Below Fair Value: 509480 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 509480 is poor value based on its PE Ratio (74.2x) compared to the Indian Chemicals industry average (18.1x).

PE vs Market: 509480 is poor value based on its PE Ratio (74.2x) compared to the Indian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: 509480 is poor value based on its PEG Ratio (3.4x)


Price to Book Ratio

PB vs Industry: 509480 is overvalued based on its PB Ratio (17.6x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is Berger Paints India forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 509480's forecast earnings growth (21.6% per year) is above the savings rate (6.7%).

Earnings vs Market: 509480's earnings (21.6% per year) are forecast to grow faster than the Indian market (17.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 509480's revenue (13.5% per year) is forecast to grow faster than the Indian market (11.8% per year).

High Growth Revenue: 509480's revenue (13.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 509480's Return on Equity is forecast to be high in 3 years time (26.2%)


Past Performance

How has Berger Paints India performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 509480 has high quality earnings.

Growing Profit Margin: 509480's current net profit margins (9.5%) are lower than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: 509480's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: 509480's earnings growth over the past year (33.5%) exceeds its 5-year average (12.8% per year).

Earnings vs Industry: 509480 earnings growth over the past year (33.5%) underperformed the Chemicals industry 35.8%.


Return on Equity

High ROE: 509480's Return on Equity (23.7%) is considered high.


Financial Health

How is Berger Paints India's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 509480's short term assets (₹39.8B) exceed its short term liabilities (₹27.1B).

Long Term Liabilities: 509480's short term assets (₹39.8B) exceed its long term liabilities (₹4.5B).


Debt to Equity History and Analysis

Debt Level: 509480's net debt to equity ratio (15.6%) is considered satisfactory.

Reducing Debt: 509480's debt to equity ratio has increased from 23.3% to 31.7% over the past 5 years.

Debt Coverage: 509480's debt is well covered by operating cash flow (55.7%).

Interest Coverage: 509480's interest payments on its debt are well covered by EBIT (38.2x coverage).


Balance Sheet


Dividend

What is Berger Paints India current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.45%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 509480's dividend (0.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: 509480's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (1.57%).


Stability and Growth of Payments

Stable Dividend: 509480's dividends per share have been stable in the past 10 years.

Growing Dividend: 509480's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.1%), 509480's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (132.3%), 509480's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Abhijit Roy (56 yo)

9.83yrs

Tenure

₹43,014,284

Compensation

Mr. Abhijit Roy has been Non-Executive Director at Berger Paints Bangladesh Ltd since October 09, 2017. Mr. Roy has been the Managing Director and Chief Executive Officer of Berger Paints India Limited sin...


CEO Compensation Analysis

Compensation vs Market: Abhijit's total compensation ($USD553.41K) is below average for companies of similar size in the Indian market ($USD847.93K).

Compensation vs Earnings: Abhijit's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 509480's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: 509480's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 509480 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Berger Paints India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Berger Paints India Limited
  • Ticker: 509480
  • Exchange: BSE
  • Founded: 1923
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹609.376b
  • Shares outstanding: 971.35m
  • Website: https://www.bergerpaints.com

Number of Employees


Location

  • Berger Paints India Limited
  • Berger House
  • 129, Park Street
  • Kolkata
  • West Bengal
  • 700017
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


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 here.