Berger Paints India Ltd

BSE: BERGEPAINT509480ISIN INE463A01038

Consumer Discretionary
Paints
BSE 200

BSE listing

Share price

₹458.75+10.10 (+2.25%)

as of 18 Sep 2026

52W high: ₹594.20
52W low: ₹391.50
Off 52W high: -22.80%
1M return: -14.20%
3M return: -16.83%
6M return: +10.09%
1Y return: -14.40%
20D avg volume: 77,918
50 DMA: ₹504.62
200 DMA: ₹494.86

Key ratios Consolidated

Market cap: ₹53,490 Cr
Current price: ₹458.75
52W high / low: ₹594.20 / ₹391.50
Face value: ₹1.00
P/E: 43.88
P/B: —
EPS (TTM): ₹10.45
Book value / share: —
ROE: —
ROCE: 20.00%
Operating margin: —
Net margin: —
Debt / equity: 0.09
Net debt: ₹427.89 Cr
Interest cover: 25.96
Dividend yield: 0.87%
Dividend / share (TTM): ₹4.00
Payout: 38.28%
Cash conversion cycle: 68.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,584	2,868	2,984	2,827	3,201	2,704	2,975	2,775	3,091	2,520	2,882	2,767
	38.90	21.71	30.53	26.00	28.46	17.11	20.24	21.10	36.33	15.88	18.94	15.28
	3,092	2,499	2,627	2,590	2,781	2,381	2,608	2,446	2,671	2,274	2,504	2,398
	1,917	1,501	1,370	1,482	1,488	1,393	1,406	1,498	1,578	1,322	1,296	1,498
	302.58	281.00	258.47	254.89	267.47	247.87	249.00	257.48	267.30	229.38	226.22	220.58
	245.08	222.39	227.61	245.44	217.36	201.52	199.83	221.13	192.22	174.39	181.50	190.24
	12.46	11.60	14.10	17.39	14.48	15.10	15.99	17.01	15.17	17.84	19.62	21.08
	103.06	101.04	100.02	97.05	93.98	89.19	88.81	88.98	87.21	86.89	82.91	82.87
	612.68	563.29	586.04	577.40	580.16	525.67	—	501.76	517.93	499.60	522.20	474.00
	530.82	390.74	387.38	263.81	448.41	340.59	387.17	349.29	456.36	262.03	396.45	384.98
	0.00	36.83	-53.31	0.00	-36.81	0.00	0.00	0.00	0.00	0.00	1.40	3.83
	530.82	427.57	334.07	263.81	411.60	340.59	387.17	349.29	456.36	262.03	397.85	388.81
	137.58	103.24	80.88	68.23	107.73	87.02	98.44	88.25	111.95	71.43	97.69	96.68
	405.01	335.25	271.35	206.38	315.04	262.91	295.97	269.90	354.03	222.62	300.16	292.13
	3.47	2.87	2.33	1.77	2.70	2.25	2.53	2.31	3.03	1.91	2.57	2.50
Key metrics
	646.34	540.21	448.19	378.25	520.06	444.88	491.97	455.28	558.74	366.76	500.38	492.76
	18.00%	18.80%	15.00%	13.40%	16.20%	16.50%	16.50%	16.40%	18.10%	14.60%	17.40%	17.80%
	11.30%	11.70%	9.10%	7.30%	9.80%	9.70%	9.90%	9.70%	11.50%	8.80%	10.40%	10.60%
	—	5.90%	—	4.10%	—	5.30%	—	—	—	—	—	—
	12.00%	6.10%	0.30%	1.90%	3.60%	7.30%	3.20%	0.30%	—	—	—	—
	28.60%	27.50%	-8.30%	-23.50%	-11.00%	18.10%	-1.40%	-7.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	12,263	11,880	11,545	11,199	10,568	8,762	6,818	6,366	6,062	5,282
	117.14	106.70	94.78	63.68	51.57	64.59	51.49	68.52	60.03	45.87
	10,808	10,497	10,106	9,747	9,444	7,708	5,885	5,543	5,350	4,624
	6,269	5,840	5,875	5,597	5,853	5,047	3,438	3,228	3,416	2,678
	1,097	1,062	1,022	923.77	971.14	763.79	617.63	516.66	457.06	431.79
	940.52	912.80	814.70	713.03	609.19	543.12	485.14	452.50	408.51	356.58
	55.55	57.57	63.27	78.25	99.23	50.72	44.10	47.04	32.33	24.55
	401.17	392.09	354.19	330.88	264.03	226.51	211.14	191.01	137.77	—
	2,339	2,307	2,112	1,979	1,741	1,459	1,276	1,127	1,072	992.20
	1,573	1,490	1,533	1,516	1,176	1,118	984.23	891.46	771.50	704.10
	-16.48	-53.29	0.00	0.00	0.00	3.86	-5.61	0.00	0.00	0.00
	1,556	1,437	1,533	1,516	1,176	1,122	978.62	891.46	771.50	704.10
	389.93	360.08	385.66	387.07	301.94	289.34	258.90	227.06	273.15	243.91
	1,218	1,128	1,183	1,170	860.40	832.95	719.72	656.10	497.45	460.83
	10.44	9.67	10.13	10.02	8.86	8.58	7.41	6.76	5.13	—
Key metrics
	2,013	1,887	1,951	1,925	1,539	1,400	1,234	1,130	941.60	728.65
	16.41%	15.90%	16.90%	17.20%	14.60%	16.00%	18.10%	17.70%	15.50%	13.80%
	9.93%	9.50%	10.20%	10.40%	8.10%	9.50%	10.60%	10.30%	8.20%	8.70%
	—	20.00%	23.60%	—	—	—	—	—	—	—
	—	2.90%	3.10%	6.00%	20.60%	28.50%	7.10%	5.00%	14.80%	—
	—	-4.60%	1.10%	36.00%	3.30%	15.70%	9.70%	31.90%	7.90%	—
	—	1,022	839.61	—	—	—	—	—	—	—
	—	1.37	1.07	—	—	—	—	—	—	—
	—	0.09	0.11	—	—	—	—	—	—	—
	—	427.89	416.32	—	—	—	—	—	—	—
	—	68.0	68.4	—	—	—	—	—	—	—
Balance sheet
	—	10,057	9,132	—	—	—	—	—	—	—
	—	5,427	4,890	—	—	—	—	—	—	—
	—	207.24	253.95	—	—	—	—	—	—	—
	—	1,565	1,536	—	—	—	—	—	—	—
	—	2,393	2,366	—	—	—	—	—	—	—
	—	109.70	117.24	—	—	—	—	—	—	—
	—	2,811	2,693	—	—	—	—	—	—	—
	—	1,745	1,740	—	—	—	—	—	—	—
	—	2,566	2,380	—	—	—	—	—	—	—
	—	635.13	670.27	—	—	—	—	—	—	—
	—	235.74	251.50	—	—	—	—	—	—	—
	—	399.39	418.77	—	—	—	—	—	—	—
	—	6,930	6,167	—	—	—	—	—	—	—
Cash flow
	—	1,540	1,269	—	—	—	—	—	—	—
	—	-976.04	-649.88	—	—	—	—	—	—	—
	—	-612.59	-605.54	—	—	—	—	—	—	—
	—	517.97	429.44	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,227	2,504	2,595	2,458	2,863	2,347	2,585	2,431	2,806	2,249	2,574	2,440
	39.14	36.15	105.72	23.47	27.53	19.45	69.04	16.90	16.82	13.44	16.40	15.87
	2,766	2,143	2,277	2,247	2,458	2,049	2,259	2,140	2,412	2,017	2,235	2,129
	1,748	1,355	1,218	1,316	1,334	1,249	1,236	1,338	1,430	1,197	1,152	1,331
	300.25	270.78	249.03	240.70	257.28	231.49	241.16	243.94	256.83	215.61	213.83	213.38
	180.30	160.64	163.79	182.55	160.04	147.76	146.40	165.83	145.51	129.01	136.72	145.30
	9.96	9.45	10.98	13.81	11.36	11.23	12.24	12.81	11.58	14.66	16.10	17.19
	91.11	88.15	88.50	85.92	83.06	79.84	79.78	79.83	78.30	77.91	74.49	74.74
	524.87	439.70	489.30	478.67	487.55	430.22	—	432.95	472.21	451.33	472.35	428.58
	500.29	397.29	423.39	234.93	432.60	317.89	394.51	307.70	410.64	246.01	355.39	327.06
	0.00	36.81	-49.99	0.00	-36.81	0.00	—	—	—	—	—	—
	500.29	434.10	373.40	234.93	395.79	317.89	394.51	307.70	410.64	246.01	355.39	327.06
	131.61	106.82	75.03	58.68	102.03	80.97	88.43	78.72	105.12	64.42	92.14	83.17
	368.68	327.28	298.37	176.25	293.76	236.92	306.08	228.98	305.52	181.59	263.25	243.89
	3.16	2.81	2.56	1.51	2.52	2.03	2.63	1.96	2.62	1.56	2.26	2.09
Key metrics
	601.36	531.70	472.88	334.66	490.21	408.96	486.53	400.34	500.52	338.58	445.98	418.99
	18.60%	21.20%	18.20%	13.60%	17.10%	17.40%	18.80%	16.50%	17.80%	15.10%	17.30%	17.20%
	11.40%	13.10%	11.50%	7.20%	10.30%	10.10%	11.80%	9.40%	10.90%	8.10%	10.20%	10.00%
	—	6.50%	—	4.00%	—	5.30%	—	—	—	—	—	—
	12.70%	6.70%	0.40%	1.10%	2.00%	4.40%	0.40%	-0.40%	—	—	—	—
	25.50%	38.10%	-2.50%	-23.00%	-3.80%	30.50%	16.30%	-6.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	10,784	10,420	10,169	10,003	9,471	7,741	6,021	5,692	5,516	4,839
	204.48	192.87	122.21	57.44	77.15	63.12	55.77	150.82	53.63	46.53
	9,433	9,125	8,861	8,693	8,445	6,799	5,144	4,937	4,848	4,224
	5,637	5,223	5,253	5,020	5,271	4,504	3,058	2,903	3,150	2,470
	1,061	1,018	973.42	870.32	910.90	691.40	564.41	481.60	432.46	405.57
	687.28	667.02	605.50	537.27	458.12	400.58	352.71	342.52	311.67	269.84
	44.20	45.60	47.86	64.66	86.28	42.93	33.22	32.68	20.79	16.20
	353.68	345.63	317.75	296.99	234.00	197.53	186.12	170.52	122.17	111.92
	1,933	1,895	1,801	1,791	1,580	1,312	1,133	1,024	979.87	922.21
	1,556	1,488	1,431	1,367	1,103	1,005	933.38	905.42	720.86	661.81
	-13.18	-49.99	0.00	—	—	—	-14.80	—	-28.60	—
	1,543	1,438	1,431	1,367	1,103	1,005	918.58	905.42	692.26	661.81
	372.14	342.56	353.24	352.41	274.33	255.33	237.80	206.37	253.23	229.97
	1,171	1,096	1,078	1,015	828.39	749.86	680.78	699.05	439.03	431.84
	10.04	9.40	9.24	8.71	8.53	7.72	7.01	7.20	4.82	—
Key metrics
	1,941	1,829	1,796	1,729	1,423	1,246	1,138	1,109	835.22	789.93
	17.99%	17.60%	17.70%	17.30%	15.00%	16.10%	18.90%	19.50%	15.10%	16.30%
	10.85%	10.50%	10.60%	10.10%	8.70%	9.70%	11.30%	12.30%	8.00%	8.90%
	—	21.80%	23.90%	—	—	—	—	—	—	—
	—	2.50%	1.70%	5.60%	22.30%	28.60%	5.80%	3.20%	14.00%	—
	—	1.70%	6.20%	22.50%	10.50%	10.10%	-2.60%	59.20%	1.70%	—
	—	975.12	763.27	—	—	—	—	—	—	—
	—	1.28	1.04	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-151.94	-141.00	—	—	—	—	—	—	—
	—	64.3	63.3	—	—	—	—	—	—	—
Balance sheet
	—	8,946	8,177	—	—	—	—	—	—	—
	—	4,681	4,134	—	—	—	—	—	—	—
	—	151.94	141.39	—	—	—	—	—	—	—
	—	1,129	1,124	—	—	—	—	—	—	—
	—	2,226	2,207	—	—	—	—	—	—	—
	—	86.90	92.93	—	—	—	—	—	—	—
	—	2,441	2,378	—	—	—	—	—	—	—
	—	1,522	1,569	—	—	—	—	—	—	—
	—	2,142	1,986	—	—	—	—	—	—	—
	—	0.00	0.39	—	—	—	—	—	—	—
	—	0.00	0.39	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	6,343	5,681	—	—	—	—	—	—	—
Cash flow
	—	1,406	1,119	—	—	—	—	—	—	—
	—	-811.23	-543.16	—	—	—	—	—	—	—
	—	-584.65	-585.48	—	—	—	—	—	—	—
	—	431.31	355.56	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.24%
Sales CAGR 5Y: +11.59%
Sales CAGR 10Y: —
Profit CAGR 3Y: +9.77%
Profit CAGR 5Y: +9.99%
Profit CAGR 10Y: —
Sales YoY (TTM): +5.46%
Profit YoY (TTM): +9.84%

Consolidated

Sales CAGR 3Y: +3.98%
Sales CAGR 5Y: +11.75%
Sales CAGR 10Y: —
Profit CAGR 3Y: +9.45%
Profit CAGR 5Y: +9.40%
Profit CAGR 10Y: —
Sales YoY (TTM): +5.22%
Profit YoY (TTM): +6.48%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 74.97%

Holder	Type	Holding	Previous	Change
UK Paints (India ) Private Limited	Promoter	64.56%	—	—
Sbi Large & Midcap Fund	Public	4.32%	—	—
Life Insurance Corporation Of India	Public	4.20%	—	—
Citland Commercial Credits Limited	Promoter	3.18%	—	—
Wang Investment and Finance Pvt Limited	Promoter	3.09%	—	—
Nalanda India Fund Limited	Public	2.59%	—	—
KSD Family Trust	Promoter	0.86%	—	—
Bigg Investment And Finance Private Limited	Promoter	0.82%	—	—
GBS Dhingra Family Trust	Promoter	0.61%	—	—
Kuldip Singh Dhingra	Promoter	0.57%	—	—
Gurbachan Singh Dhingra	Promoter	0.46%	—	—
Vinu Dhingra	Promoter	0.40%	—	—
Meeta Dhingra	Promoter	0.10%	—	—
Kanwardip Singh Dhingra	Promoter	0.07%	—	—
Rishma Kaur	Promoter	0.06%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Please find attached letter dated 15th September, 2026.15 Sep 2026 · Company Update / Analyst / Investor Meet
Please find attached letter dated 8th September, 2026.8 Sep 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rishma Kaur & PACs8 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanwardip Singh Dhingra & PACs8 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jessima Kumar & PACs8 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anshana Sawhney & PACs8 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunaina Kohli & PACs8 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find attached letter dated 04.09.2026.4 Sep 2026 · Company Update / Newspaper Publication
Please find attached letter dated 3rd September, 2026.3 Sep 2026 · AGM/EGM / Postal Ballot
Please find attached letter dated 31.08.2026.31 Aug 2026 · Others / Outcome without intimation
Please find attached letter dated 31.08.202631 Aug 2026 · Company Update / Change in Directorate
Please find attached letter dated 24th August, 2026.24 Aug 2026 · Company Update / General
Please find attached proceedings of 102nd AGM.12 Aug 2026 · AGM/EGM / AGM
Please find attached letter dated 12-08-2026.12 Aug 2026 · Company Update / Change in Directorate
Please find attached letter dated 12th August, 2026.12 Aug 2026 · AGM/EGM / AGM
Please find attached letter dated 7th August, 2026.7 Aug 2026 · Company Update / Newspaper Publication
Please find attached letter dated 6th August, 2026.6 Aug 2026 · Company Update / Earnings Call Transcript
Please find attached letter dated 5th August, 2026.6 Aug 2026 · Company Update / General
Please find attached letter dated 5th August, 2026.5 Aug 2026 · Company Update / Investor Presentation
Please find attached letter dated 5th August, 2026.5 Aug 2026 · Result / Financial Results
Please find attached Unaudited Financial Results for quarter ended 30th June 2026 along with Limited Review Report and Press Release.5 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please find attached letter dated 27th July, 2026.27 Jul 2026 · Company Update / Analyst / Investor Meet
Please find attached letter dated 22nd July, 2026.22 Jul 2026 · Company Update / Newspaper Publication
Please find attached letter dated 21st July 2026.21 Jul 2026 · Company Update / General
Please find attached letter dated 21st July 2026.21 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find attached letter dated 21st July 2026.21 Jul 2026 · AGM/EGM / AGM
Please find attached Notice along with the Integrated Report for the FY 2025-26.21 Jul 2026 · Others / Reg. 34 (1) Annual Report
Please find attached letter dated 8th July, 2026 in relation to Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants), Regulations, 2018.8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Berger Paints India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2026 ,inter alia, to consider and approve the Unaudited Financial ....1 Jul 2026 · Board Meeting / Board Meeting
Please find attached letter dated 24th June, 2026.24 Jun 2026 · Company Update / Newspaper Publication
Please find attached letter dated 24th June, 2026.24 Jun 2026 · Corp. Action / Record Date
Please find attached letter dated 24th June, 2026.24 Jun 2026 · Company Update / General
Please find attached letter dated 23rd June, 2026.23 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached letter dated 9th June, 2026.9 Jun 2026 · Company Update / General
Please find attached letter dated 01.06.2026 .1 Jun 2026 · Company Update / Analyst / Investor Meet
Please find attached letter dated 20th May, 2026.20 May 2026 · Company Update / Newspaper Publication
Please find attached letter dated 19th May, 2026.19 May 2026 · Company Update / Analyst / Investor Meet
Please find attached letter dated 14th May, 2026.14 May 2026 · Company Update / Earnings Call Transcript
Please find attached letter dated May 13, 202613 May 2026 · Company Update / General
Please find attached letter dated 12.05.202612 May 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 4.0000	5 Aug 2026	5 Aug 2026	—
Dividend - Rs. - 3.8000	5 Aug 2025	5 Aug 2025	—
Dividend - Rs. - 3.5000	5 Aug 2024	—	—

Board meetings

5 Aug 2026 Board Meeting - Financial Results