Berger Paints India Limited

NSEI:BERGEPAINT Stock Report

Market Cap: ₹650.9b

Berger Paints India Future Growth

Future criteria checks 1/6

Berger Paints India is forecast to grow earnings and revenue by 13.7% and 8.8% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 18.4% in 3 years.

Key information

13.7%

Earnings growth rate

13.75%

EPS growth rate

Chemicals earnings growth19.1%
Revenue growth rate8.8%
Future return on equity18.40%
Analyst coverage

Good

Last updated26 Nov 2025

Recent future growth updates

Berger Paints India Limited (NSE:BERGEPAINT) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Feb 14
Berger Paints India Limited (NSE:BERGEPAINT) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Recent updates

Berger Paints India (NSE:BERGEPAINT) Has A Pretty Healthy Balance Sheet

Dec 04
Berger Paints India (NSE:BERGEPAINT) Has A Pretty Healthy Balance Sheet

Investor Optimism Abounds Berger Paints India Limited (NSE:BERGEPAINT) But Growth Is Lacking

Sep 19
Investor Optimism Abounds Berger Paints India Limited (NSE:BERGEPAINT) But Growth Is Lacking

Shareholders Are Optimistic That Berger Paints India (NSE:BERGEPAINT) Will Multiply In Value

Aug 28
Shareholders Are Optimistic That Berger Paints India (NSE:BERGEPAINT) Will Multiply In Value

Does Berger Paints India (NSE:BERGEPAINT) Have A Healthy Balance Sheet?

Jun 27
Does Berger Paints India (NSE:BERGEPAINT) Have A Healthy Balance Sheet?

Berger Paints India (NSE:BERGEPAINT) Is Aiming To Keep Up Its Impressive Returns

Apr 23
Berger Paints India (NSE:BERGEPAINT) Is Aiming To Keep Up Its Impressive Returns

Here's Why Berger Paints India (NSE:BERGEPAINT) Can Manage Its Debt Responsibly

Mar 07
Here's Why Berger Paints India (NSE:BERGEPAINT) Can Manage Its Debt Responsibly

Berger Paints India Limited (NSE:BERGEPAINT) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Feb 14
Berger Paints India Limited (NSE:BERGEPAINT) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Shareholders Are Optimistic That Berger Paints India (NSE:BERGEPAINT) Will Multiply In Value

Jan 14
Shareholders Are Optimistic That Berger Paints India (NSE:BERGEPAINT) Will Multiply In Value

Earnings and Revenue Growth Forecasts

NSEI:BERGEPAINT - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028146,09015,45313,62417,53918
3/31/2027133,38113,65011,71215,15820
3/31/2026121,38511,63010,66414,65119
9/30/2025117,07310,7819,02513,532N/A
6/30/2025116,54511,415N/AN/AN/A
3/31/2025115,44711,8048,39612,691N/A
12/31/2024113,61011,405N/AN/AN/A
9/30/2024112,67811,45011,85615,122N/A
6/30/2024112,60511,670N/AN/AN/A
3/31/2024111,99011,67713,16115,911N/A
12/31/2023111,22411,313N/AN/AN/A
9/30/2023109,34210,32611,12715,741N/A
6/30/2023108,3789,603N/AN/AN/A
3/31/2023105,6808,5942,2759,756N/A
12/31/2022103,1188,944N/AN/AN/A
9/30/2022101,6909,462-3,3165,366N/A
6/30/202297,2319,457N/AN/AN/A
3/31/202287,6198,328-2,0755,665N/A
12/31/202186,0048,208N/AN/AN/A
9/30/202181,6788,4282,0566,136N/A
6/30/202176,8538,449N/AN/AN/A
3/31/202168,1787,1986,0977,958N/A
12/31/202061,4636,149N/AN/AN/A
9/30/202057,2405,2244,0507,306N/A
6/30/202055,8014,965N/AN/AN/A
3/31/202063,6586,5782,8977,246N/A
12/31/201964,8316,684N/AN/AN/A
9/30/201964,0396,1933,3347,294N/A
6/30/201962,9545,407N/AN/AN/A
3/31/201960,6194,943N/A6,108N/A
12/31/201859,0664,922N/AN/AN/A
9/30/201856,1004,888N/AN/AN/A
6/30/201854,2024,828N/AN/AN/A
3/31/201851,6574,608N/A4,219N/A
12/31/201749,6074,601N/AN/AN/A
9/30/201748,1634,388N/AN/AN/A
6/30/201746,8124,663N/AN/AN/A
3/31/201745,5234,737N/A3,945N/A
12/31/201648,7884,594N/AN/AN/A
9/30/201648,2024,617N/AN/AN/A
6/30/201647,4044,122N/AN/AN/A
3/31/201642,2313,706N/A5,946N/A
12/31/201542,4983,366N/AN/AN/A
9/30/201544,4603,065N/AN/AN/A
6/30/201543,8282,845N/AN/AN/A
3/31/201543,2212,647N/A4,138N/A
12/31/201442,4562,620N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BERGEPAINT's forecast earnings growth (13.7% per year) is above the savings rate (6.8%).

Earnings vs Market: BERGEPAINT's earnings (13.7% per year) are forecast to grow slower than the Indian market (16.4% per year).

High Growth Earnings: BERGEPAINT's earnings are forecast to grow, but not significantly.

Revenue vs Market: BERGEPAINT's revenue (8.8% per year) is forecast to grow slower than the Indian market (10.8% per year).

High Growth Revenue: BERGEPAINT's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BERGEPAINT's Return on Equity is forecast to be low in 3 years time (18.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/04 12:16
End of Day Share Price 2025/12/04 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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 45 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
Nitin BhasinAmbit Capital
Ronak SoniAmbit Capital
Sanket GharatAmbit Capital