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Berger Paints (India) Ltd

Thu 13/03/2025,15:59:24 | NSE : BERGEPAINT

₹ 488.205.60 (1.16%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 482.50

Previous Close

₹ 482.60

Volume

637761

Mkt Cap ( Rs. Cr)

₹56909.81

High

₹ 490.55

Low

₹ 473.60

52 Week High

₹ 629.50

52 Week Low

₹ 437.75

Book Value Per Share

₹ 47.96

Dividend Yield

0.71

Face Value

₹ 1.00

What’s Your Call?

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Buy

93.49%

Hold

5.96%

Sell

0.55%

93.49%

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Berger Paints I - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    7 Mar 2025, 12:53PM Please find attached Announcement under Regulation 30 of LODR relating to Analyst / Investor Meeting. Details are provided in the attached letter date
  • Berger Paints I - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Mar 2025, 12:29PM Berger Paints (I) Limited has informed the Exchange about Schedule of meet
  • Berger Paints I - Announcement Under Reg. 30 (SEBI - LODR) - Updates

    21 Feb 2025, 2:07PM Pursuant to Regulation 30 of SEBI - LODR and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December, 2024, please find the detail
  • Berger Paints I - Action(s) initiated or orders passed

    21 Feb 2025, 1:56PM Berger Paints (I) Limited has informed the Exchange about Action(s) initiated or orders passed
  • Berger Paints I - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Feb 2025, 10:42AM Berger Paints (I) Limited has informed the Exchange about Transcript
  • Berger Paints I - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    13 Feb 2025, 10:38AM Pursuant to Regulation 30 (LODR), transcript of Investor Presentation on financial results of the Company for the quarter and nine months ended on 31s
  • Berger Paints I - Integrated Filing- Financial

    12 Feb 2025, 7:52PM Pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, read with BSE Circular no. 20250102-4 dated January 2, 202
  • Berger Paints I - Integrated Filing (Financial)

    12 Feb 2025, 7:48PM Please find attached Integrated Filing (Financial) for the quarter and nine months ended on 31st December, 2024.
  • Berger Paints I - Announcement Under Reg. 30 LODR - Updates - Earnings Call Recordings

    12 Feb 2025, 12:06AM Please note audio recording of Investor Presentation on Financial Results of the Company for the quarter and nine months ended 31st December, 2024 mad
  • Berger Paints I - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Feb 2025, 11:53PM Berger Paints (I) Limited has informed the Exchange about Link of Recording
  • Berger Paints I - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

    11 Feb 2025, 6:15PM Please find attached intimitation regarding change in Statutory Auditors. Details are provided in the attached letter dated 11th February, 2025.
  • Berger Paints I Q3 net profit up 16.27% at Rs 306.08 cr

    11 Feb 2025, 6:10PM The company reported standalone net profit of Rs 306.08 crore for the quarter ended December 31, 2024 as compared to Rs 263.25 crore in the same perio
  • Berger Paints I - Change in Auditors

    11 Feb 2025, 6:06PM Berger Paints (I) Limited has informed the Exchange regarding Change in Auditors of the company.
  • Berger Paints I - Investor Presentation

    11 Feb 2025, 5:17PM Berger Paints (I) Limited has informed the Exchange about Investor Presentation
  • Berger Paints I - Financial Result Updates

    11 Feb 2025, 5:02PM Berger Paints (I) Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Berger Paints I - Announcement Under Reg. 30 LODR - Investor Presentation\r\n

    11 Feb 2025, 5:23PM Please find attached Investor Presentation on Financial Results for the Quarter ended 31st December, 2024. Details are provided in the attached letter
  • Berger Paints I - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Feb 2025, 11:25AM Berger Paints (I) Limited has informed the Exchange about Schedule of meet
  • Berger Paints I - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    4 Feb 2025, 11:31AM Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby
  • Berger Paints I - Rumour Verification - Regulation 30(11)

    26 Jan 2025, 12:49PM Berger Paints (I) Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
  • Berger Paints I - Rumour Verification - Regulation 30(11)

    26 Jan 2025, 12:25PM Berger Paints (I) Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
  • Berger Paints I - Rumour verification - Regulation 30(11)

    26 Jan 2025, 12:58PM Please find attached letter dated 26th January, 2025 regarding Rumour verification under Reg. 30 (11).
  • Berger Paints I - Rumour verification - Regulation 30(11)

    26 Jan 2025, 12:31PM Please find attached letter dated 26th January, 2025 regarding Rumour verification under Regulation 30 (11) of SEBI -LODR.
  • Berger Paints I - Announcement Under Regulation 30 LODR (Updates)

    24 Jan 2025, 1:40PM Pursuant to Regulation 30 of SEBI - LODR and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December, 2024, please find attached de
  • Berger Paints I - Action(s) taken or orders passed

    24 Jan 2025, 1:31PM Berger Paints (I) Limited has informed the Exchange about Action(s) taken or orders passed
  • Berger Paints I has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    16 Jan 2025, 6:10PM As of December 2024, 74.99% is owned by Promoters and 25.01% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 60.51% and F
  • Berger Paints I - Rumour Verification - Regulation 30(11)

    7 Jan 2025, 5:18PM Berger Paints (I) Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
  • Berger Paints I - Rumour verification - Regulation 30(11)

    7 Jan 2025, 5:24PM Please find attached letter dated 7th January, 2025 in relation to Rumour verification.
  • Berger Paints I - Board Meeting Intimation

    6 Jan 2025, 12:09PM BERGER PAINTS (I) LIMITED has informed the Exchange about Board Meeting to be held on 11-Feb-2025 to inter-alia consider and approve the Unaudited Fin
  • Berger Paints I - Updates

    6 Jan 2025, 11:53AM Berger Paints (I) Limited has informed the Exchange regarding Meeting of the Board of Directors of Berger Paints India Limited, will be held on Tuesda
  • Berger Paints I - Board Meeting Intimation for Consideration And Approval Of The The Unaudited Financial Results (Standalone

    6 Jan 2025, 12:17PM BERGER PAINTS INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2025 ,inter alia, to consider
  • Akzo Nobel, Berger Paints

    8 Jan 2025 , 9:45AM Both companies have clarified that there is no development to disclose regarding any acquisition of stake. This follows reports suggesting that Berger Paints may be looking to buy Akzo Nobel's stake.
  • Berger Paints

    9 Jun 2022 , 9:47AM An accidental fire broke out at the Company's Howrah Factory today affecting the exit gate and the raw material handling area. The production area remained completely unaffected. The operation of the factory is temporarily stopped but is expected to resume in a couple of days – might result in minimal impact as factory is expected to resume operations in couple of days. However more clarities on same would come in the coming quarters. Further if there large impact on raw material handling area there might be an inventory loss, which the company can cover-up under the insurance
  • Berger Paints, Asian Paints

    14 Dec 2020 , 10:48AM During the media interaction, the management of Berger Paints has indicated that the company has maintained double digit volume growth in the decorative paints segment in Q3 as well. It is seeing improving demand from automotive paints segment. If a crude oil and crude derivatives price increases significantly from the current levels, then company might take a call on price increase. View: Sustenance of double digit volume growth is positive for Berger Paints and also for industry leader Asian Paints.
  • Berger Paints India

    16 Jun 2020 , 11:46AM The company has offered its Antimicrobial Powder Coatings for usage in medical industry to restrict the spread of infection. This innovative product has been tested at an UK based lab and provides an extra shield against the spread of harmful bacteria and microbes. The utility of this Antimicrobial Powder coating has seen interest from hospitals and healthcare equipment segment as well as the segments catering to household items, food & beverage processing equipment etc. At present, the products available under the brands QualiCoat & UltraCoat which are for Interior use (Epoxy Polyester Hybrid chemistry) while PermaCoat and Duraberg can also be used for exterior surfaces (Pure Polyester Chemistry) like garden furniture, metro rail door frames, automotive accessories etc - launch of such products will benefits Berger Paints as it will not only be used only for industrial painting but will also be used in residential painting in the near future
  • Berger Paints

    18 May 2020 , 12:28PM The company has entered into the business in the area of products relating to hand sanitisers, multi-purpose sanitisers and home hygiene chemical products. The products will be marketed under the brand BreatheEasy - conveying the Company's commitment towards a safer and disease free environment, in various pack sizes as per market requirements.
  • Berger Paints

    4 Nov 2019 , 12:01PM Acquires 91.9% stake in STP Ltd; will acquire another 3.59% stake shortly (planning to pay Rs167.5crore for 95.5% stake i.e. 1x EV/sales) – Positive as acquisition was done to strengthen its construction chemical and water proofing business in long run
  • Berger Paints to buy stake in STPL

    15 Oct 2019 , 1:04PM Berger Paints to acquire 95.5% stake in STPL at an enterprise valuation of Rs. 167.5 crore
  • Berger Paints acquires stake in Japanese Company

    6 Jul 2018 , 11:42AM Berger Paints signs shareholders' agreement with Rock Paint Co., Japan for the purpose of setting up of a joint venture company in India
  • Berger Paints to invest in an integrated paint plant in UP

    23 Apr 2018 , 2:43PM Berger Paints board approves an investment of Rs200 crore to set up an integrated paint manufacturing plant in Uttar Pradesh
  • Berger Paints to invest in an integrated paint plant in UP

    23 Apr 2018 , 2:27PM Berger Paints board approves an investment of Rs200 crore to set up an integrated paint manufacturing plant in Uttar Pradesh

Key fundamentals

Evaluate the intrinsic value of Berger Paints (India) Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 5069.65 4969.89 4279.45 3435.05 2847.5
Liabilities 5069.65 4969.89 4279.45 3435.05 2847.5
Equity 116.58 97.14 97.13 97.13 97.12
Gross Profit 1671.67 1345.85 1182.53 1096.95 957.8
Net Profit 1015.05 828.39 749.86 680.78 699.05
Cash From Operating Activities 1482.9 934.29 518.61 676.72 792.78
NPM(%) 10.14 8.74 9.68 11.3 12.28
Revenue 10002.93 9470.62 7740.93 6021.41 5691.69
Expenses 8331.26 8124.77 6558.4 4924.46 4733.89
ROE(%) 18.15 14.81 13.41 12.17 12.5

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
05 Aug 2024 3.5 350 0.72 485.1
18 Aug 2022 3.1 310 0.72 568.05
18 Aug 2021 2.8 280 0.72 832.35
17 Sep 2020 0.3 30 0.72 515.5
02 Mar 2020 1.9 190 0.72 579.5
26 Jul 2019 1.9 190 0.72 300.55
26 Jul 2018 1.8 180 0.72 300.95
27 Jul 2017 1.75 175 0.72 256
26 Jul 2016 1 100 0.72 294.85
17 Feb 2016 0.65 65 0.72 268.95
24 Jul 2015 0.65 65 0.72 212.65
12 Feb 2015 0.6 60 0.72 228.95
16 Jul 2014 2.2 110 0.72 247.5
17 Jul 2013 1.8 90 0.72 241.25
18 Jul 2012 1.4 70 0.72 136.9
20 Jul 2011 0.8 40 0.72 104.35
14 Mar 2011 0.5 25 0.72 88.3
13 Jul 2010 1.1 55 0.72 74.45
22 Jul 2009 0.6 30 0.72 40.2
16 Jul 2008 0.5 25 0.72 36.05
13 Jul 2007 0.4 20 0.72 44.55
22 Feb 2007 0.6 30 0.72 44.75
12 Jul 2006 1 50 0.72 75.1
22 Nov 2005 1 50 0.72 63.15
11 Jul 2005 0.7 35 0.72 50.5
12 Jan 2005 0.7 35 0.72 38.5
13 Jul 2004 3 30 0.72 117.3
14 Jul 2003 6 60 0.72 87.7
12 Jul 2002 0 25 0.72 79.5
05 Mar 2002 0 25 0.72 73.55
28 Jun 2001 0 50 0.72 88.4
28 Feb 2001 0 0 0.72 97.7
0 40 0.72 98.05
0 20 0.72 64.15
0 0 0.72 50.2
0 40 0.72 108.75
0 30 0.72 69.5
0 30 0.72 70.8
0 30 0.72 61

Peers

Other companies within the same industry or sector that are comparable to Berger Paints (India) Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Asahi Songwon Colors Ltd 285.80 -6.08 23.60 575.04 170.07 0.17
Dynemic Products Ltd 256.75 0.31 21.10 586.81 29.11 0.00
Kansai Nerolac Paints Ltd 224.65 -1.50 15.79 39437.79 1466.32 1.67
Hindprakash Industries Ltd 129.13 2.63 100.10 557.32 13.43 0.00

Company Info

1940's - James Wilfred Adamson, founder of the British Paints Organization, embarked on his career as a traveling salesman. Adamson bought his first Oil and Colour business in 1909. By 1917 Adamson was owning paint manufacturing companies in Rhodesia, Canada and the Caribbean. Elsewhere an Englishman, Mr. Hadfield, set up Hadfield's (India) Limited on 17 December, 1923, ...a small paint company in Calcutta. Towards the end of 1947 British Paints acquired Hadfield's (India) Limited and thus British Paints (India) Limited was incorporated in the State of West Bengal. What British Paints, (Holding), UK acquired was a company which at that time produced 150 tonnes of ready mixed stiff paints, varnishes and distempers. Our 1947 sales was a princely RS.25 lakhs, with a total employee strength of 100. The first Managing Director of British Paints was Mr. A. V. Niblett. 1950's - Sales offices were opened in Delhi and Mumbai and in 1951 a depot was started in Guwahati. Sales rose to Rs.6 million in 1952. The Company declared its first dividend and shifted the Head Office to 32, Chowringhee Road, Calcutta. By 1959, modernization of the Howrah Factory was completed and the first resin plant commissioned. With that, the Company entered the synthetics paints market. 1960's - Mr. R. A. Godwin took over as the Chairman & Managing Director in 1962 and initiated further modernization. By 1965 British Paints (Holdings) Limited, UK. was acquired by Celanese Corporation, U.S.A. As a result, the controlling interest of the Company passed on to CELEURO N.V., Holland. In 1969 Celanese Corporation sold their interest in the Indian Company to Berger, Jenson Nicholson Limited, UK. It was the beginning of the legacy of Lewis Berger in India - which the Company would later take forward to enviable heights. 1970's - Mr. D. Madhukar took over as the Managing Director in the year 1973. Under his expert stewardship the Company took the giant strides that made it the fastest growing company in the paint industry. Developments took place in every sphere...new sales offices added, newer products introduced, new markets opened up and new services offered. Sales reached over Rs. 160 million by 1978. 1980's - Mr. Biji K. Kurien takes over as Chief Executive in 1980. From 31 December 1983 the name of the Company was changed to Berger Paints India Limited (BPIL) with unanimous approval of the shareholders. By this time Berger's operations were divsionalised into the Retail Business Line (RBL) and the Industrial Business Line (IBL) in order to better cater to needs of our customers. - Simultaneously, the Company started using the trade name and mark BERGER. From 1983 till date, for more than two decades, the Company has solely used and developed the name and trademark of BERGER and all its other variants in India. BERGER became a household name in India. - During this period many new products were launched like "Luxol Silk" the first premium emulsion in India, Viton Refinish for cars, Bison Acrylic Distemper and Rangoli Acrylic Emulsion. 1990's - BERGER PROLINKS, a service aimed at providing paint and application related information to professionals was introduced marking one of our first steps into painting related services. - In 1991, the controlling stake in the Company was acquired by Mr. K S Dhingra, Mr. G S Dhingra and their associates. At that time the total sales of the Company was Rs 1.15 billion. - 1994 witnessed top management change. Mr. Biji K. Kurien, who was the Managing Director of the Company for the last 14 years, stepped down and Mr. Subir Bose, a 10 year veteran in the Company, took over as the new Managing Director. The sales of the Company touched 2.76 billion by 1995-96. - The latter half of the nineties saw BERGER attain the ISO - 9000 certification (1996) and establishment of BERGER's Quality Management System. - COLOR BANK tinting system was also launched through which the consumer can select from a range of over 5000 colours and which are then made available in minutes. - As part of its expansion program, a new paint-manufacturing unit at Pondicherry was commissioned in early 1997. - A Joint Venture - Berger Becker Coatings Limited, was started in Goa with Becker Industraifarg A. B., Sweden. - "In 1999, Rajdoot Paints Ltd. was merged with the Company. The merger resulted in addition of two new factories at Goa and Sikandrabad, U.P., a joint venture company by the name of Berger Becker Coatings Private Limited, a network of new depots and several new brands." 2000 - The Company proposes to expand its operation through acquisitions, both internally and externally, and strategic partnership, preferably with foreign firms. - Crisil has upgraded the fixed deposit programme of Berger Paints from FAA to FAA . 2001 - Berger Paints India Ltd. has unveiled a new brand promotion strategy which it claims to be the first of its kind in the industry. - Despite a slight increase in sales, the net profit of Berger Paints India Ltd has dropped by around 10 per cent for the half-year ended September 30, 2001. - Berger Paints Ltd and ICI Ltd, have formed a 50:50 joint venture to manufacture auto and industrial coatings at Rishra in West Bengal. 2002 -Acquires 50% stake in Berger Auto & Industrial Coating Ltd. 2003 -BOD decided not to amalgamate Berger Auto & Industrial Coatings Ltd with the company. -Posts 54% growth in the net profit to Rs.14.14cr for the second quarter end. 2004 -Delhi based Punjab National Bank (PNB) and Bangalore-based Vijaya Bank enter into a four-way partnership with Principal Financial of the US and Berger Paints to set up an insurance broking company 2005 - The Motors & Industrial paints business of ICI India with its factory at Rishra, West Bengal was acquired as a 100% subsidiary Berger Auto & Industrial Coatings Limited and then merged with the Company in 2005. 2006 - Berger Paints India Ltd has entered into a Joint Venture Agreement (JV) with Nippon Bee Chemical Co Ltd of Japan for the purpose of formation of a Company for manufacture and sale of coatings for plastic substrates used in automobiles and parts thereof in India. -Berger Paints (India) Ltd has given the Bonus in the Ratio of 3:5 2007 - Berger Paints India Ltd has entered into a Joint Venture Agreement (JV) with Nippon Bee Chemical Co Ltd of Japan for the purpose of formation of a Company for manufacture and sale of coatings for plastic substrates used in automobiles and parts thereof in India. 2008 - Berger Paints India bought Polish firm Bolix SA, a leading provider of external insulation finishing system (EIFS) in the B2B segment. Berger Paints has bought for a net purchase price of $38.6 million (around Rs 1,54.7 crore). Berger Paints India acquired the entire bloc in the Polish firm held by global private equity group Advent International. - Berger Paints India Ltd has informed that Mr. Gerald Kenneth Adams has been appointed as a Director of the Company effective January 30, 2008. 2009 - Berger Paints India Ltd has informed that Mr. Pulak Prasad was appointed an Additional Director (non-whole time) of the Company under Section 260 of the Companies Act, 1956. 2010 - The Company's sales in the year ended 31 March 2010 was Rs 1822.7 crores. - Berger Paints, the paint major, is quite bullish on the expansion front as the company is going to make an investment of Rs 300 crore in order to set up a water-based paint plant at Hindupur in Anantapur district of Andhra Pradesh. 2011 -BergerPaints - Board recommended Final Dividend of Re. 0.80 per share (40%) of face value of Rs. 2/- each 2012 -Berger enters new chemicals business - Berger Paints introduces new products -Berger Paints gains over 2% on stake hike by UK Paints 2013 -Berger Paints acquired architectural operations of Sherwin Williams Paints. 2014 -Berger Paints Inaugurates New Facility in Hindupur, Andhra Pradesh. 2015 -Berger Paints - Berger Paints signs MOU with the Russian Government -Berger Paints India Ltd - Company's Powder Coating plant at Maharashtra has commenced commercial production 2016 -Berger Paints India Wins 1st Prize in NECA, 2016 2017 -Berger Paints India Ltd commenced commercial production of its paint and putty plant at Nalbari, Assam. -Berger Paints completes acquisition of Saboo Coatings. -Commencement of commercial production of Company's Decorative paints production at Naltali plant, Assam. -Commencement of commercial production of Company's Automotive and General Industrial paints production at Jejuri. 2019 -Berger Paints India Shines at Sammie 2019 With Silver Award. -Berger Paints India wins the CII National Award for Excellence in Water Management 2019. 2020 -Gold Award bagged by our Naltali Unit in National Occupational Health & Safety Awards 2020. -CII Environmental Best Practices Award 2020. 2021 -VVN Plant has received the Platinum award in the 10th Exceed Environment Award 2021. -Jejuri Plant has been awarded the Gold award under Apex India Best Fire Safety Measures Awards 2021. 2023 -The Company has issued Bonus Shares in the Ratio of 1:5. -"Company awarding media mandate to dentsu X"". -The Company has that, its state-of-the-art, fully automated manufacturing facility at Sandila, Plot No. B4, B5 Industrial Area, Sandila Phase I, Sandila, District: Hardoi, Uttar Pradesh - 241 204 has commenced its commercial production. 2024 -The Company signed a technology agreement with Ramkrishna Mission Vidyamandir, Belur for exploration of pilot-scale and subsequent industrial-scale production of green ammonia by electrocatalytic method without using green hydrogen.

1940's - James Wilfred Adamson, founder of the British Paints Organization, embarked on his career as a traveling salesman. Adamson bought his first Oil and Colour business in 1909. By 1917 Adamson was owning paint manufacturing companies in Rhodesia, Canada and the Caribbean. Elsewhere an Englishman, Mr. Hadfield, set up Hadfield's (India) Limited on 17 December, 1923, ...a small paint company in Calcutta. Towards the end of 1947 British Paints acquired Hadfield's (India) Limited and thus British Paints (India) Limited was incorporated in the State of West Bengal. What British Paints, (Holding), UK acquired was a company which at that time produced 150 tonnes of ready mixed stiff paints, varnishes and distempers. Our 1947 sales was a princely RS.25 lakhs, with a total employee strength of 100. The first Managing Director of British Paints was Mr. A. V. Niblett. 1950's - Sales offices were opened in Delhi and Mumbai and in 1951 a depot was started in Guwahati. Sales rose to Rs.6 million in 1952. The Company declared its first dividend and shifted the Head Office to 32, Chowringhee Road, Calcutta. By 1959, modernization of the Howrah Factory was completed and the first resin plant commissioned. With that, the Company entered the synthetics paints market. 1960's - Mr. R. A. Godwin took over as the Chairman & Managing Director in 1962 and initiated further modernization. By 1965 British Paints (Holdings) Limited, UK. was acquired by Celanese Corporation, U.S.A. As a result, the controlling interest of the Company passed on to CELEURO N.V., Holland. In 1969 Celanese Corporation sold their interest in the Indian Company to Berger, Jenson Nicholson Limited, UK. It was the beginning of the legacy of Lewis Berger in India - which the Company would later take forward to enviable heights. 1970's - Mr. D. Madhukar took over as the Managing Director in the year 1973. Under his expert stewardship the Company took the giant strides that made it the fastest growing company in the paint industry. Developments took place in every sphere...new sales offices added, newer products introduced, new markets opened up and new services offered. Sales reached over Rs. 160 million by 1978. 1980's - Mr. Biji K. Kurien takes over as Chief Executive in 1980. From 31 December 1983 the name of the Company was changed to Berger Paints India Limited (BPIL) with unanimous approval of the shareholders. By this time Berger's operations were divsionalised into the Retail Business Line (RBL) and the Industrial Business Line (IBL) in order to better cater to needs of our customers. - Simultaneously, the Company started using the trade name and mark BERGER. From 1983 till date, for more than two decades, the Company has solely used and developed the name and trademark of BERGER and all its other variants in India. BERGER became a household name in India. - During this period many new products were launched like "Luxol Silk" the first premium emulsion in India, Viton Refinish for cars, Bison Acrylic Distemper and Rangoli Acrylic Emulsion. 1990's - BERGER PROLINKS, a service aimed at providing paint and application related information to professionals was introduced marking one of our first steps into painting related services. - In 1991, the controlling stake in the Company was acquired by Mr. K S Dhingra, Mr. G S Dhingra and their associates. At that time the total sales of the Company was Rs 1.15 billion. - 1994 witnessed top management change. Mr. Biji K. Kurien, who was the Managing Director of the Company for the last 14 years, stepped down and Mr. Subir Bose, a 10 year veteran in the Company, took over as the new Managing Director. The sales of the Company touched 2.76 billion by 1995-96. - The latter half of the nineties saw BERGER attain the ISO - 9000 certification (1996) and establishment of BERGER's Quality Management System. - COLOR BANK tinting system was also launched through which the consumer can select from a range of over 5000 colours and which are then made available in minutes. - As part of its expansion program, a new paint-manufacturing unit at Pondicherry was commissioned in early 1997. - A Joint Venture - Berger Becker Coatings Limited, was started in Goa with Becker Industraifarg A. B., Sweden. - "In 1999, Rajdoot Paints Ltd. was merged with the Company. The merger resulted in addition of two new factories at Goa and Sikandrabad, U.P., a joint venture company by the name of Berger Becker Coatings Private Limited, a network of new depots and several new brands." 2000 - The Company proposes to expand its operation through acquisitions, both internally and externally, and strategic partnership, preferably with foreign firms. - Crisil has upgraded the fixed deposit programme of Berger Paints from FAA to FAA . 2001 - Berger Paints India Ltd. has unveiled a new brand promotion strategy which it claims to be the first of its kind in the industry. - Despite a slight increase in sales, the net profit of Berger Paints India Ltd has dropped by around 10 per cent for the half-year ended September 30, 2001. - Berger Paints Ltd and ICI Ltd, have formed a 50:50 joint venture to manufacture auto and industrial coatings at Rishra in West Bengal. 2002 -Acquires 50% stake in Berger Auto & Industrial Coating Ltd. 2003 -BOD decided not to amalgamate Berger Auto & Industrial Coatings Ltd with the company. -Posts 54% growth in the net profit to Rs.14.14cr for the second quarter end. 2004 -Delhi based Punjab National Bank (PNB) and Bangalore-based Vijaya Bank enter into a four-way partnership with Principal Financial of the US and Berger Paints to set up an insurance broking company 2005 - The Motors & Industrial paints business of ICI India with its factory at Rishra, West Bengal was acquired as a 100% subsidiary Berger Auto & Industrial Coatings Limited and then merged with the Company in 2005. 2006 - Berger Paints India Ltd has entered into a Joint Venture Agreement (JV) with Nippon Bee Chemical Co Ltd of Japan for the purpose of formation of a Company for manufacture and sale of coatings for plastic substrates used in automobiles and parts thereof in India. -Berger Paints (India) Ltd has given the Bonus in the Ratio of 3:5 2007 - Berger Paints India Ltd has entered into a Joint Venture Agreement (JV) with Nippon Bee Chemical Co Ltd of Japan for the purpose of formation of a Company for manufacture and sale of coatings for plastic substrates used in automobiles and parts thereof in India. 2008 - Berger Paints India bought Polish firm Bolix SA, a leading provider of external insulation finishing system (EIFS) in the B2B segment. Berger Paints has bought for a net purchase price of $38.6 million (around Rs 1,54.7 crore). Berger Paints India acquired the entire bloc in the Polish firm held by global private equity group Advent International. - Berger Paints India Ltd has informed that Mr. Gerald Kenneth Adams has been appointed as a Director of the Company effective January 30, 2008. 2009 - Berger Paints India Ltd has informed that Mr. Pulak Prasad was appointed an Additional Director (non-whole time) of the Company under Section 260 of the Companies Act, 1956. 2010 - The Company's sales in the year ended 31 March 2010 was Rs 1822.7 crores. - Berger Paints, the paint major, is quite bullish on the expansion front as the company is going to make an investment of Rs 300 crore in order to set up a water-based paint plant at Hindupur in Anantapur district of Andhra Pradesh. 2011 -BergerPaints - Board recommended Final Dividend of Re. 0.80 per share (40%) of face value of Rs. 2/- each 2012 -Berger enters new chemicals business - Berger Paints introduces new products -Berger Paints gains over 2% on stake hike by UK Paints 2013 -Berger Paints acquired architectural operations of Sherwin Williams Paints. 2014 -Berger Paints Inaugurates New Facility in Hindupur, Andhra Pradesh. 2015 -Berger Paints - Berger Paints signs MOU with the Russian Government -Berger Paints India Ltd - Company's Powder Coating plant at Maharashtra has commenced commercial production 2016 -Berger Paints India Wins 1st Prize in NECA, 2016 2017 -Berger Paints India Ltd commenced commercial production of its paint and putty plant at Nalbari, Assam. -Berger Paints completes acquisition of Saboo Coatings. -Commencement of commercial production of Company's Decorative paints production at Naltali plant, Assam. -Commencement of commercial production of Company's Automotive and General Industrial paints production at Jejuri. 2019 -Berger Paints India Shines at Sammie 2019 With Silver Award. -Berger Paints India wins the CII National Award for Excellence in Water Management 2019. 2020 -Gold Award bagged by our Naltali Unit in National Occupational Health & Safety Awards 2020. -CII Environmental Best Practices Award 2020. 2021 -VVN Plant has received the Platinum award in the 10th Exceed Environment Award 2021. -Jejuri Plant has been awarded the Gold award under Apex India Best Fire Safety Measures Awards 2021. 2023 -The Company has issued Bonus Shares in the Ratio of 1:5. -"Company awarding media mandate to dentsu X"". -The Company has that, its state-of-the-art, fully automated manufacturing facility at Sandila, Plot No. B4, B5 Industrial Area, Sandila Phase I, Sandila, District: Hardoi, Uttar Pradesh - 241 204 has commenced its commercial production. 2024 -The Company signed a technology agreement with Ramkrishna Mission Vidyamandir, Belur for exploration of pilot-scale and subsequent industrial-scale production of green ammonia by electrocatalytic method without using green hydrogen.

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Parent Organisation

Berger Paints (India) Ltd.

Founded

17/12/1923

Managing Director

Mr.Abhijit Roy

NSE Symbol

BERGEPAINTEQ

FAQ

The current price of Berger Paints (India) Ltd is ₹ 488.20.

The 52-week high for Berger Paints (India) Ltd is ₹ 490.55 and the 52-week low is ₹ 473.60.

The market capitalization of Berger Paints (India) Ltd is currently ₹ 56909.81. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Berger Paints (India) Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Berger Paints (India) Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Berger Paints (India) Ltd shares.

The CEO of Berger Paints (India) Ltd is Mr.Abhijit Roy, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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