Berger Paints India Limited
The driving forces of Berger Paints – reflect the very spirit of its founder Lewis Berger – who laid the foundations of brand Berger way back in 1760 in the UK. With modest beginnings in India in 1923, today, Berger Paints India Limited is the second largest paint company in the country with a consistent track record of being one of the fastest growing paint companies, quarter on quarter, for the past few years.
Marquee Industrial Customer
In industrial segment, BPIL is present in protective coatings (market leader) , automotive & general industrials and powder coatings . Berger has several reputed customers in the industrial segment including Tata Motors, Ashok Leyland, Mahindra & Mahindra, Hero MotoCorp, Royal Enfield, Force Motors, Tata Hitachi, Crompton, Orient, Havells, etc.
Manufacturing Facilties
The Co. has 24 manufacturing plants in India (including plants of subsidiaries in India), two in Nepal, and one each in Poland and Russia.
Shareholding Pattern
- Promoters
- Public
Financial Summary
| Particulars | March 2022 | March 2023 | March 2024 |
| Sales | 11,199 | 10,568 | 8,762 |
| Sales Growth % | 5.97% | 20.61% | 28.52% |
| Operating Profit | 1,861 | 1,478 | 1,331 |
| OPM % | 17% | 14% | 15% |
| Profit before tax | 1,557 | 1,162 | 1,122 |
| YOY Growth | 7% | 7% | – |
| EPS in Rs | 10.02 | 7.37 | 7.14 |
Synopsis of Financials
- Sales has increased due to increase in sale of products.
- Moreover, Revnue has increased from sale of services.
- Majorly Profit of the company sale of products.
Final Outlook
Berger Paints India Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported sales was INR 111,989.2 million compared to INR 105,678.4 million a year ago. Revenue was INR 112,626 million compared to INR 106,194.1 million a year ago. Net income was INR 11,677.4 million compared to INR 8,594.2 million a year ago. Basic earnings per share from continuing operations was INR 10.02 compared to INR 7.37 a year ago. Diluted earnings per share from continuing operations was INR 10.02 compared to INR 7.37 a year ago.When we compare the stock retuurns from nifty we can see nifty 50 index has beaten berger paints in all comparisons of 1,3 and 5 years.Stock is trading at 9.98 times its book value. So you can sell it.
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