About
Berger Paints India Limited manufactures and sells paints for home, professional, and industrial users in India and internationally. The company offers interior wall coatings, including designer finishes, interior emulsions, and ceiling paints; exterior wall coatings comprising exterior emulsions and textures, and roof and floor coatings; specialty industrial coatings; putty and cement paints; solvent, interior, exterior, metal, and wood primers; waterproofing solutions; wood finishes; enamels; aerosol spray paints, and DIY kits and stickers. It also provides automotive, fireproof, protective, floor, and powder coatings; road markings; construction chemicals, flooring compounds, bitumen and coal tar-based products, sealants and adhesives, and anti-corrosive coatings; lacquers; and various sanitization products. In addition, the company offers acrylic, silicate, and mineral plasters; thermal insulation adhesives; mortars; ready to use coat, wood effect, ribbed effect, concrete effect, and 3D effect; gel adhesives; and coil coating solutions. The company was formerly known as British Paints (India) Limited and changed its name to Berger Paints India Limited in December 1983. The company was incorporated in 1923 and is based in Kolkata, India. Berger Paints India Limited is a subsidiary of U. K. Paints India Private Limited.
Key Metrics
as of Sep 2026Market Cap56,586 Cr
P/E46.10
Div Yield0.82 %
Book Value₹59.30
52w High₹595.00
52w Low₹391.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,584.00 | 2,868.00 | 2,984.00 | 2,827.00 | 3,201.00 | 2,704.00 | 2,975.00 | 2,775.00 | 3,091.00 | 2,520.00 | 2,882.00 | 2,767.00 | 3,030.00 |
| Expenses | 2,976.00 | 2,386.00 | 2,513.00 | 2,475.00 | 2,672.00 | 2,276.00 | 2,503.00 | 2,340.00 | 2,569.00 | 2,169.00 | 2,402.00 | 2,294.00 | 2,473.00 |
| Operating Profit | 607.00 | 482.00 | 471.00 | 352.00 | 528.00 | 428.00 | 472.00 | 434.00 | 522.00 | 351.00 | 480.00 | 474.00 | 557.00 |
| OPM % | 17.00 | 17.00 | 16.00 | 12.00 | 17.00 | 16.00 | 16.00 | 16.00 | 17.00 | 14.00 | 17.00 | 17.00 | 18.00 |
| Other Income | 51.00 | 69.00 | -5.00 | 37.00 | 3.00 | 26.00 | 27.00 | 30.00 | 46.00 | 48.00 | 20.00 | 19.00 | 17.00 |
| Depreciation | 103.00 | 101.00 | 100.00 | 97.00 | 94.00 | 89.00 | 89.00 | 89.00 | 87.00 | 87.00 | 83.00 | 83.00 | 78.00 |
| Interest | 12.00 | 12.00 | 14.00 | 17.00 | 14.00 | 15.00 | 16.00 | 17.00 | 15.00 | 18.00 | 20.00 | 21.00 | 20.00 |
| Profit before tax | 543.00 | 438.00 | 352.00 | 275.00 | 423.00 | 350.00 | 394.00 | 358.00 | 466.00 | 294.00 | 398.00 | 389.00 | 476.00 |
| Tax % | 25.00 | 24.00 | 23.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 24.00 | 24.00 | 25.00 | 25.00 | 25.00 |
| Net Profit | 405.00 | 335.00 | 271.00 | 206.00 | 315.00 | 263.00 | 296.00 | 270.00 | 354.00 | 223.00 | 300.00 | 292.00 | 355.00 |
| EPS in Rs | 3.47 | 2.87 | 2.33 | 1.77 | 2.70 | 2.25 | 2.53 | 2.31 | 3.03 | 1.91 | 2.57 | 2.50 | 3.04 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11,880.00 | 11,545.00 | 11,199.00 | 10,568.00 | 8,762.00 | 6,818.00 | 6,366.00 | 6,062.00 | 5,166.00 | 4,552.00 | 4,223.00 | 4,170.00 |
| Expenses | 10,047.00 | 9,688.00 | 9,338.00 | 9,090.00 | 7,431.00 | 5,635.00 | 5,313.00 | 5,127.00 | 4,359.00 | 3,833.00 | 3,578.00 | 3,659.00 |
| Operating Profit | 1,833.00 | 1,856.00 | 1,861.00 | 1,478.00 | 1,331.00 | 1,182.00 | 1,053.00 | 935.00 | 807.00 | 719.00 | 645.00 | 511.00 |
| OPM % | 15.00 | 16.00 | 17.00 | 14.00 | 15.00 | 17.00 | 17.00 | 15.00 | 16.00 | 16.00 | 15.00 | 12.00 |
| Other Income | 104.00 | 129.00 | 105.00 | 48.00 | 68.00 | 51.00 | 69.00 | 60.00 | 46.00 | 108.00 | 40.00 | 36.00 |
| Interest | 58.00 | 63.00 | 78.00 | 99.00 | 51.00 | 44.00 | 47.00 | 47.00 | 25.00 | 16.00 | 27.00 | 50.00 |
| Depreciation | 392.00 | 354.00 | 331.00 | 264.00 | 227.00 | 211.00 | 191.00 | 182.00 | 124.00 | 108.00 | 99.00 | 92.00 |
| Profit before tax | 1,488.00 | 1,568.00 | 1,557.00 | 1,162.00 | 1,122.00 | 979.00 | 883.00 | 765.00 | 705.00 | 703.00 | 559.00 | 404.00 |
| Tax % | 24.00 | 25.00 | 25.00 | 26.00 | 26.00 | 26.00 | 26.00 | 35.00 | 35.00 | 33.00 | 34.00 | 34.00 |
| Net Profit | 1,128.00 | 1,183.00 | 1,170.00 | 860.00 | 833.00 | 720.00 | 656.00 | 494.00 | 461.00 | 474.00 | 371.00 | 265.00 |
| EPS in Rs | 9.66 | 10.12 | 10.02 | 7.37 | 7.14 | 6.17 | 5.64 | 4.24 | 3.95 | 4.07 | 3.18 | 2.27 |
| Dividend Payout % | 41.00 | 38.00 | 35.00 | 36.00 | 36.00 | 38.00 | 32.00 | 37.00 | 38.00 | 36.00 | 31.00 | 33.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 117.00 | 117.00 | 117.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 69.00 | 69.00 |
| Reserves | 6,800.00 | 6,038.00 | 5,262.00 | 4,397.00 | 3,830.00 | 3,280.00 | 2,563.00 | 2,347.00 | 2,097.00 | 1,804.00 | 1,493.00 | 1,191.00 |
| Borrowings | 635.00 | 670.00 | 753.00 | 1,189.00 | 1,014.00 | 634.00 | 767.00 | 753.00 | 422.00 | 406.00 | 354.00 | 610.00 |
| Other Liabilities | 2,484.00 | 2,300.00 | 2,236.00 | 2,283.00 | 2,271.00 | 1,907.00 | 1,472.00 | 1,360.00 | 1,326.00 | 1,132.00 | 960.00 | 846.00 |
| Total Liabilities | 10,035.00 | 9,125.00 | 8,368.00 | 7,966.00 | 7,211.00 | 5,918.00 | 4,900.00 | 4,557.00 | 3,943.00 | 3,440.00 | 2,877.00 | 2,716.00 |
| Fixed Assets | 3,841.00 | 3,677.00 | 3,500.00 | 3,332.00 | 2,187.00 | 2,044.00 | 1,916.00 | 1,583.00 | 1,267.00 | 1,136.00 | 963.00 | 931.00 |
| CWIP | 316.00 | 125.00 | 189.00 | 111.00 | 606.00 | 107.00 | 178.00 | 170.00 | 97.00 | 62.00 | 51.00 | 100.00 |
| Investments | 1,189.00 | 533.00 | 255.00 | 183.00 | 234.00 | 356.00 | 315.00 | 395.00 | 333.00 | 472.00 | 348.00 | 134.00 |
| Other Assets | 4,689.00 | 4,790.00 | 4,424.00 | 4,341.00 | 4,185.00 | 3,411.00 | 2,490.00 | 2,409.00 | 2,245.00 | 1,769.00 | 1,515.00 | 1,550.00 |
| Total Assets | 10,035.00 | 9,125.00 | 8,368.00 | 7,966.00 | 7,211.00 | 5,918.00 | 4,900.00 | 4,557.00 | 3,943.00 | 3,440.00 | 2,877.00 | 2,716.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,540.00 | 1,269.00 | 1,591.00 | 976.00 | 566.00 | 796.00 | 725.00 | 611.00 | 422.00 | 394.00 | 595.00 | 414.00 |
| Cash from Investing Activity | -974.00 | -650.00 | -398.00 | -600.00 | -521.00 | -457.00 | -223.00 | -379.00 | -183.00 | -308.00 | -259.00 | -184.00 |
| Cash from Financing Activity | -613.00 | -606.00 | -1,069.00 | -363.00 | -78.00 | -282.00 | -479.00 | -259.00 | -200.00 | -82.00 | -368.00 | -198.00 |
| Net Cash Flow | -47.00 | 14.00 | 124.00 | 13.00 | -33.00 | 57.00 | 22.00 | -27.00 | 38.00 | 4.00 | -32.00 | 32.00 |
| Free Cash Flow | 1,037.00 | 845.00 | 1,321.00 | 232.00 | -193.00 | 611.00 | 294.00 | 320.00 | 132.00 | 130.00 | 477.00 | 254.00 |
| CFO/OP % | 102.00 | 89.00 | 104.00 | 87.00 | 65.00 | 89.00 | 94.00 | 91.00 | 87.00 | 85.00 | 120.00 | 105.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48.00 | 49.00 | 42.00 | 43.00 | 44.00 | 55.00 | 41.00 | 40.00 | 49.00 | 46.00 | 47.00 | 47.00 |
| Inventory Days | 144.00 | 143.00 | 134.00 | 142.00 | 178.00 | 174.00 | 142.00 | 138.00 | 140.00 | 153.00 | 108.00 | 104.00 |
| Days Payable | 105.00 | 105.00 | 103.00 | 108.00 | 139.00 | 161.00 | 118.00 | 112.00 | 133.00 | 124.00 | 99.00 | 81.00 |
| Cash Conversion Cycle | 87.00 | 86.00 | 73.00 | 77.00 | 83.00 | 67.00 | 65.00 | 67.00 | 56.00 | 75.00 | 56.00 | 70.00 |
| Working Capital Days | 49.00 | 53.00 | 46.00 | 31.00 | 34.00 | 43.00 | 28.00 | 31.00 | 37.00 | 33.00 | 26.00 | 17.00 |
| ROCE % | 22.00 | 25.00 | 28.00 | 24.00 | 26.00 | 27.00 | 28.00 | 27.00 | 29.00 | 31.00 | 30.00 | 25.00 |
Corporate Actions
35 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 05 Aug 2026 | 05 Aug 2026 | — | 4.00 | |
| Dividend | 05 Aug 2025 | 05 Aug 2025 | — | 3.80 | |
| Dividend | 05 Aug 2024 | — | — | 3.50 | |
| Bonus | 22 Sep 2023 | 23 Sep 2023 | 1:5 | — | |
| Dividend | 04 Aug 2023 | — | — | 3.20 | |
| Dividend | 18 Aug 2022 | — | — | 3.10 | |
| Dividend | 18 Aug 2021 | — | — | 2.80 | |
| Dividend | 17 Sep 2020 | — | — | 0.30 | |
| Dividend | 02 Mar 2020 | 03 Mar 2020 | — | 1.90 | |
| Dividend | 26 Jul 2019 | — | — | 1.90 | |
| Dividend | 26 Jul 2018 | — | — | 1.80 | |
| Dividend | 27 Jul 2017 | — | — | 1.75 | |
| Dividend | 26 Jul 2016 | — | — | 1.00 | |
| Bonus | 15 Jul 2016 | 18 Jul 2016 | 2:5 | — | |
| Dividend | 17 Feb 2016 | 19 Feb 2016 | — | 0.65 | |
| Dividend | 24 Jul 2015 | — | — | 0.65 | |
| Dividend | 12 Feb 2015 | 13 Feb 2015 | — | 0.60 | |
| Split | 08 Jan 2015 | 09 Jan 2015 | 2:1 | — | |
| Dividend | 16 Jul 2014 | — | — | 2.20 | |
| Dividend | 17 Jul 2013 | — | — | 1.80 | |
| Dividend | 18 Jul 2012 | — | — | 1.40 | |
| Dividend | 20 Jul 2011 | — | — | 0.80 | |
| Dividend | 14 Mar 2011 | 15 Mar 2011 | — | 0.50 | |
| Dividend | 13 Jul 2010 | — | — | 1.10 | |
| Dividend | 22 Jul 2009 | — | — | 0.60 | |
| Dividend | 16 Jul 2008 | — | — | 0.50 | NSE/BSE dividend mismatch: NSE=0.25; BSE=0.5 |
| Dividend | 16 Jul 2008 | — | — | 0.25 | NSE/BSE dividend mismatch: NSE=0.25; BSE=0.5 |
| Dividend | 13 Jul 2007 | — | — | 0.40 | NSE/BSE dividend mismatch: NSE=0.2; BSE=0.4 |
| Dividend | 13 Jul 2007 | — | — | 0.20 | NSE/BSE dividend mismatch: NSE=0.2; BSE=0.4 |
| Dividend | 22 Feb 2007 | 23 Feb 2007 | — | 0.30 | |
| Bonus | 12 Oct 2006 | 13 Oct 2006 | 3:5 | — | |
| Dividend | 12 Jul 2006 | — | — | 0.50 | |
| Dividend | 11 Jul 2005 | — | — | 0.35 | |
| Dividend | 05 Mar 2002 | 18 Mar 2002 | — | 2.50 | |
| Dividend | 28 Jun 2001 | — | — | 5.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update28 Aug from crisil
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Rating update18 Sep 2025 from care
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Rating update28 Aug 2025 from crisil
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Rating update19 Sep 2024 from care
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Rating update30 Aug 2024 from crisil
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Rating update9 Oct 2023 from care