Berger Paints India Limited

BSE:509480 Stock Report

Market Cap: ₹522.7b

Berger Paints India Valuation

Is 509480 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 509480 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 509480 (₹448.35) is trading above our estimate of fair value (₹169.7)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 509480?

Key metric: As 509480 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 509480. This is calculated by dividing 509480's market cap by their current earnings.
What is 509480's PE Ratio?
PE Ratio45.7x
Earnings₹11.45b
Market Cap₹522.68b

Price to Earnings Ratio vs Peers

How does 509480's PE Ratio compare to its peers?

The above table shows the PE ratio for 509480 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.9x
SUPREMEIND Supreme Industries
54.1x17.2%₹589.8b
506401 Deepak Nitrite
40.2x16.6%₹342.8b
SOLARINDS Solar Industries India
85.3x27.0%₹862.1b
500184 Himadri Speciality Chemical
60.1x20.4%₹289.9b
509480 Berger Paints India
45.7x10.2%₹522.7b

Price-To-Earnings vs Peers: 509480 is good value based on its Price-To-Earnings Ratio (45.7x) compared to the peer average (59.9x).

Price to Earnings Ratio vs Industry

How does 509480's PE Ratio compare vs other companies in the IN Chemicals Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.8xn/aUS$101.45m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$64.21m
UNIVPHOTO Universus Photo Imagings
2.9xn/aUS$28.17m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$8.17m
509480 45.7xIndustry Avg. 31.1xNo. of Companies36PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 509480 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the Indian Chemicals industry average (31.5x).

Price to Earnings Ratio vs Fair Ratio

What is 509480's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

509480 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.7x
Fair PE Ratio27.9x

Price-To-Earnings vs Fair Ratio: 509480 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the estimated Fair Price-To-Earnings Ratio (27.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 509480 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹448.35
₹515.43
+15.0%
11.1%₹640.00₹420.00n/a21
Dec ’25₹493.85
₹523.52
+6.0%
12.1%₹650.00₹420.00n/a21
Nov ’25₹531.60
₹530.43
-0.2%
12.9%₹650.00₹430.00n/a21
Oct ’25₹620.70
₹528.81
-14.8%
13.0%₹650.00₹430.00n/a21
Sep ’25₹570.65
₹514.62
-9.8%
13.5%₹645.00₹410.00n/a21
Aug ’25₹552.60
₹492.38
-10.9%
11.0%₹600.00₹423.00n/a21
Jul ’25₹506.95
₹499.00
-1.6%
11.2%₹600.00₹423.00n/a21
Jun ’25₹459.55
₹499.00
+8.6%
11.2%₹600.00₹423.00n/a21
May ’25₹508.90
₹532.60
+4.7%
10.7%₹643.00₹450.00n/a20
Apr ’25₹566.35
₹537.05
-5.2%
11.2%₹650.00₹450.00n/a20
Mar ’25₹589.05
₹538.55
-8.6%
11.0%₹650.00₹450.00n/a20
Feb ’25₹565.10
₹555.86
-1.6%
9.6%₹660.00₹470.00n/a20
Jan ’25₹601.45
₹554.90
-7.7%
9.8%₹660.00₹470.00n/a20
Dec ’24₹586.05
₹553.90
-5.5%
9.7%₹650.00₹470.00₹493.8520
Nov ’24₹549.70
₹555.03
+1.0%
10.5%₹658.33₹458.33₹531.6019
Oct ’24₹568.90
₹551.19
-3.1%
10.9%₹658.33₹458.33₹620.7019
Sep ’24₹600.00
₹542.74
-9.5%
11.7%₹658.33₹437.50₹570.6521
Aug ’24₹585.58
₹502.33
-14.2%
8.8%₹579.17₹437.50₹552.6020
Jul ’24₹564.75
₹496.10
-12.2%
8.6%₹558.33₹437.50₹506.9519
Jun ’24₹542.08
₹492.89
-9.1%
9.4%₹558.33₹425.00₹459.5519
May ’24₹508.08
₹476.46
-6.2%
10.5%₹579.17₹400.00₹508.9020
Apr ’24₹484.50
₹471.50
-2.7%
10.6%₹579.17₹400.00₹566.3520
Mar ’24₹484.04
₹486.25
+0.5%
14.3%₹684.17₹400.00₹589.0522
Feb ’24₹458.08
₹531.11
+15.9%
12.8%₹684.17₹416.67₹565.1021
Jan ’24₹484.54
₹532.10
+9.8%
12.5%₹684.17₹437.50₹601.4521
Dec ’23₹516.79
₹531.51
+2.8%
12.5%₹684.17₹437.50₹586.0521

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 08:59
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Berger Paints India Limited is covered by 38 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Videesha ShethAmbit Capital
Ajay ThakurAnand Rathi Shares and Stock Brokers Limited
null nullAsian Markets Securities Private Limited