Berger Paints Share Price Target 2024-2030 Fundamentals & Quarterly Results

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Berger Paints Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Berger Paints India Limited produces paints such as emulsions, enamels, Luxol high gloss enamel, antifungal exterior emulsion, Berger wood primer and more quality accredited products. Across India (including the Indian subsidiaries), there are 16 manufacturing units owned by Berger Paints India Limited itself; with two being in Nepal while another one each being found in Poland as well as Russia.Luxol satin enamel finish paints are also available from this company as well as undercoating, waterproofing products among others too.Berger Paints Share Price Target

Latest Update – The company reported a year-on-year (YoY) increase in revenue of 2.03%, while profit experienced a small decrease of 0.22%. On a quarter-on-quarter (QoQ) basis, revenue grew by an amazing 22.65% and profit increased by 59.19%.

Berger Paints Overview

Berger Paints Group, which has operations in India, Nepal, Russia, Poland, UK, France and Ukraine, is the 14th largest paint company globally and ranks 4th in Asia.

Company NameBerger Paints India Ltd
Listed atNSE & BSE
Head OfficeC B Management Services (P) Ltd. P-22, 2nd Floor, Bondel Road,
Kolkata – 700019
Board Of Directors
  • Mr.Kuldip Singh Dhingra Chairman
  • Mr.Kanwardip Singh Dhingra Executive Director
  • Mrs.Rishma Kaur Executive Director
  • Mr.Pulak Chandan Prasad Independent Director
  • Dr.Anoop Kumar Mittal Independent Director
  • Mrs.Sonu Halan Bhasin Independent Director
  • Mr.Naresh Gujral Independent Director
  • Mr.Anoop Hoon Independent Director
  • Mr.Gopal Krishna Pillai Independent Director
  • Mr.Abhijit Roy Managing Director & CEO
  • Mr.Gurbachan Singh Dhingra Vice Chairman
Official Websitebergerpaints.com

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Berger Paints Business Profile

BPIL is a market leader in protective coatings, automotive & general industrials, and powder coatings in the industrial segment. In the same vein, Tata Motors, Ashok Leyland, Mahindra & Mahindra, Hero MotoCorp, Royal Enfield, Force Motors, Tata Hitachi, Crompton, Orient, Havells and others are amongst the few clients that Berg has been known to be working with from the segment.

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Wide Distribution Network

Co. has a distribution network sprawled throughout India made up of over 50,000 dealers and retailers, around 180 stock points. decorative paints make up about 80-85% of berger’s sales, while the remaining part comes from industrial segment.

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International presence

The company operates in eight different countries around the world such as Russia Nepal Bangladesh and several European states. During FY22 approximately 8 percent of all revenues came from abroad markets. The company operates 24 manufacturing plants in India, two in Nepal, and one each in Poland and Russia as well as those operated by its subsidiaries.

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Capacity Expansion

A greenfield project is being established by the company at the Sandila (UP) Industrial Area, which will cost approximately ₹900 crores; approximately ₹745 crore has been invested as of June 2022. In Q3FY23, commercial production is expected to begin. The company is also planning to increase its production capacity of industrial paint at Jejuri plant by 1,500 MT and is currently expanding emulsion plants at Rishra factory in West Bengal.

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Collaborations

Berger has partnerships with technology companies like Valspar, Orica, Nippon Bee Chemicals, DuPont, Tigerwerke, and Becker for manufacturing protective coatings. Berger also collaborates with Nippon Bee Chemicals for rubber coatings, and Nippon Paint Automotive Coatings Co ltd for automotive coatings.

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Luxury Product segment

Since FY18-19, The Co. has been focusing on developing unique kinds of products like easy clean and anti-dust thus increasing their gross margin. The Co. plans to invest more in brand building across things like luxury paints or waterproofing with intentions of becoming the best or another strong player in each category.

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Berger Paints Fundamentals & Quarterly Results

MetricValue
Market Cap₹ 58,605 Cr.
Current Price₹ 503
High / Low₹ 680 / 439
Stock P/E50.2
Book Value₹ 46.1
Dividend Yield0.53 %
ROCE27.6 %
ROE23.7 %
Face Value₹ 1.00
Debt to Equity0.14
Debt Capacity0.05
Debt Preceding Year₹ 1,189 Cr.
Debt₹ 753 Cr.
Reserves₹ 5,262 Cr.
EPS₹ 10.0
EPS Last Year₹ 10.0
Pledged Percentage0.00 %
FCF Previous Annual₹ 232 Cr.
EV/EBITDA30.0
Industry PE47.1
PEG Ratio2.61
Piotroski Score8.00
Earnings Yield2.78 %
Sales Growth (5 Years)13.1 %

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Berger Paints Quarterly Results

MetricMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales +2,1882,7602,6712,6942,4443,0302,7672,8822,520
Expenses +1,8412,3552,3072,3442,0972,4732,2942,4022,169
Operating Profit346405364350347557474480351
OPM %16%15%14%13%14%18%17%17%14%
Other Income +241716131517192048
Interest151624302920212018
Depreciation606362647478838387
Profit before tax296342293269258476389398294
Tax %26%26%25%25%28%25%25%25%24%
Net Profit +220254220201186355292300223
EPS in Rs1.892.171.881.721.593.042.502.571.91

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CAGR Report

Metric10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth12%13%18%6%
Compounded Profit Growth17%19%18%36%
Stock Price CAGR20%14%-10%-10%
Return on Equity23%23%22%24%

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Berger Paints Shareholding Pattern

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Promoters +74.99%74.99%74.98%74.99%74.98%74.99%75.00%74.99%
FIIs +5.66%5.84%5.55%7.78%11.24%11.28%10.64%10.66%
DIIs +8.45%8.41%8.26%6.83%4.02%3.41%3.47%5.17%
Public +10.90%10.77%11.21%10.40%9.75%10.32%10.90%9.17%
No. of Shareholders74,32673,48076,921118,622163,936353,821428,448371,411

Berger Paints Share Price Target 2024-2030  Forecast

YearMaxium TargetMinimum Target
2024600550
2025739.28568.68
2026910.12700.09
20271,109.57853.51
20281,352.721040.55
20291,649.151268.58
20302,010.541,546.57

Berger Paints Share Price Target for 2025

Maximum PriceMinimum Price
January 2025618.52475.79
February 2025634.38487.99
March 2025659.12507.02
April 2025646.20497.08
May 2025627.38482.60
June 2025655.61504.31
July 2025642.75494.43
August 2025662.63509.72
September 2025685.83527.56
October 2025703.66541.27
November 2025721.25554.81
December 2025739.28568.68

Berger Paints Share Price Target 2026

Maximum PriceMinimum Price
January 2026761.46585.74
February 2026780.98600.76
March 2026811.44624.19
April 2026795.53611.95
May 2026772.36594.12
June 2026807.12620.86
July 2026791.29608.68
August 2026815.76627.51
September 2026844.31649.47
October 2026866.27666.36
November 2026887.92683.02
December 2026910.12700.09

Berger Paints Share Price Target 2027

Maximum PriceMinimum Price
January 2027928.32714.10
February 2027952.13732.41
March 2027989.26760.97
April 2027969.86746.05
May 2027941.61724.32
June 2027983.99756.91
July 2027964.69742.07
August 2027994.53765.02
September 20271,029.34791.80
October 20271,056.10812.38
November 20271,082.50832.69
December 20271,109.57853.51

Berger Paints share price target 2028

Maximum PriceMinimum Price
January 20281,131.76870.58
February 20281,160.78892.90
March 20281,206.05927.73
April 20281,182.40909.54
May 20281,147.96883.05
June 20281,199.62922.78
July 20281,176.10904.69
August 20281,212.47932.67
September 20281,254.91965.31
October 20281,287.53990.41
November 20281,319.721,015.17
December 20281,352.721,040.55

Berger Paints share price target 2029

Maximum PriceMinimum Price
January 20291,379.771,061.36
February 20291,415.151,088.58
March 20291,470.341,131.03
April 20291,441.511,108.85
May 20291,399.521,076.56
June 20291,462.501,125.00
July 20291,433.831,102.94
August 20291,478.171,137.05
September 20291,529.911,176.85
October 20291,569.681,207.45
November 20291,608.931,237.64
December 20291,649.151,268.58

Berger Paints share price target 2030

Maximum PriceMinimum Price
January 20301,682.131,293.95
February 20301,725.261,327.13
March 20301,792.551,378.88
April 20301,757.401,351.85
May 20301,706.211,312.47
June 20301,782.991,371.53
July 20301,748.031,344.64
August 20301,802.101,386.23
September 20301,865.171,434.75
October 20301,913.661,472.05
November 20301,961.511,508.85
December 20302,010.541,546.57

Official Website – bergerpaints.com

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