Berger Paints (I) logo

Berger Paints (I) share price

NSE: BERGEPAINTBSE: 509480Consumer DurablesMid Cap

Last close ₹466.35down ₹3.60 (0.77%)BSE ₹466.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹469.95.

52-week range of traded prices to 23 Oct 2026
₹391.10Low, 16 Mar 2026₹594.55High, 21 Nov 2025
Market cap
₹54,377 Cr188th largest listed
P/E
44.7
P/B
7.9
Dividend yield
0.86%
ROE
18.6%
ROCE
20.0%
Debt to equity
0.09
Volume, NSE
1,39,52346.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−14.0%over a year · Nifty 500 −9.8%

Results20-session average 2,98,500 shares a day, 51.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹3,584 Crup 24.96%
Net profit
₹405 Crup 20.81%
Net margin
11.3%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 5 NovDec 2024Filed 11 FebMar 2025Filed 10 JunJun 2025Filed 5 AugSep 2025Filed 4 NovDec 2025Filed 5 FebMar 2026Filed 12 MayJun 2026Filed 5 Aug
Revenue2,7752,9752,7043,2012,8272,9842,8683,584
Net profit270296263315206271335405
Net margin9.7%9.9%9.7%9.8%7.3%9.1%11.7%11.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, PAINT, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 1% of 2,266 trading days over the last 10 years.

LowestHighest
Its median60.2Industry median29.8
Price to book

At or below today's level on 2% of 1,976 trading days since Nov 2018.

LowestHighest
Its median14.1Industry median2.6
EV to EBITDA28.6

At or below today's level on 2% of 1,976 trading days since Nov 2018.

LowestHighest
Its median39.3Industry median24.5
Dividend yield

At or below today's level on 98% of 2,479 trading days over the last 10 years.

LowestHighest
Its median0.55%Industry median1.29%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−17.1%−4.5%−14.1%1.0%
3 years−4.6%+9.4%−13.6%0.8%
5 years−7.8%+9.4%−16.3%0.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.99%
  • Foreign institutions4.96%
  • Indian institutions11.69%
  • Individuals and others8.37%
Holder
U K Paints (India) Private LimitedPromoter64.56%
Life Insurance Corporation of IndiaInsurance companies4.12%
Citland Commercial Credits LimitedPromoter3.18%
Wang Investment and Finance Pvt LtdPromoter3.09%
Nalanda India Fund LimitedForeign portfolio investors, category I2.59%
KSD Family TrustPromoter0.86%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

116 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 64 of the 76 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Bought again
1
Added
36
Cut
40
Held unchanged
37
Sold out
4
Fund
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund2,00,00,0002.25%₹910.9 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund1,13,90,6742.23%₹518.8 Cr
SBI Mutual Fund logoSBI Multicap FundSBI Mutual Fund1,10,00,0002.14%₹501.0 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund70,33,1350.60%₹320.3 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund41,67,0000.84%₹189.8 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund31,92,1030.48%₹145.4 Cr
UTI Mutual Fund logoUTI Mid Cap FundUTI Mutual Fund25,00,0000.96%₹113.9 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund23,07,3541.39%₹105.1 Cr
Edelweiss Mutual Fund logoEdelweiss Mid Cap FundEdelweiss Mutual Fund21,55,6580.51%₹98.2 Cr
Axis Mutual Fund logoAxis Large & Mid Cap FundAxis Mutual Fund21,11,4230.59%₹96.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Paints, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Berger Paints (I) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Asian Paints logoAsian PaintsASIANPAINT2,21,28746.410.430.7+9.8%+32.5%23.4%24.7%1.19%
Kansai Nerolac Paints logoKansai Nerolac PaintsKANSAINER14,65624.42.214.5+5.2%−47.0%9.1%11.3%1.38%
JSW Dulux logoJSW DuluxJSWDULUX13,0526.75.326.0−11.3%+383.5%103.8%16.8%1.74%
Indigo Paints logoIndigo PaintsINDIGOPNTS4,84029.84.217.7+9.5%+14.7%14.9%18.3%0.49%
Sirca Paints India logoSirca Paints IndiaSIRCA2,32734.74.922.9+24.1%+26.3%16.3%17.6%0.49%
Shalimar Paints logoShalimar PaintsSHALPAINTS648–2.6–−10.6%–−24.5%−11.5%0.00%
Kamdhenu Ventures logoKamdhenu VenturesKAMOPAINTS125–0.732.2−7.9%––−1.0%0.00%
Siddhika Coatings logoSiddhika CoatingsSIDDHIKA12011.52.6–+15.1%+21.7%24.3%–2.06%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.00 a share, year to Mar 2026.
Ex-dateTypePer share
5 Aug 2026Final₹4.00
5 Aug 2025Final₹3.80
5 Aug 2024Final₹3.50
4 Aug 2023Final₹3.20
18 Aug 2022Final₹3.10
18 Aug 2021Final₹2.80
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Berger Paints (I) share price by year

Each calendar year to 2025.Berger Paints (I) share price history

YearClose at year endChangeHighest closeLowest close
2025536.55+19.6%600.15447.60
2024448.55−25.8%625.15441.00
2023604.65+24.8%669.30449.58
2022484.46−24.7%658.96467.29
2021643.13+1.6%720.79566.54
2020632.88+47.3%632.88336.71
2019429.63+56.1%439.13240.67
2018275.25+20.7%286.25200.50
2017228.13+30.0%233.46174.58
2016175.46+9.6%223.79133.51
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026466.50468.35459.30466.35462.941,39,52346.3%
22 Oct 2026471.20473.25465.05469.95469.631,33,32546.0%
21 Oct 2026469.20476.30464.55475.20471.222,94,53741.7%
19 Oct 2026473.95473.95466.05470.00469.521,14,31060.1%
16 Oct 2026470.05476.00466.35473.95472.061,36,82840.3%
15 Oct 2026475.55478.95466.20470.05471.082,35,54958.1%
14 Oct 2026476.05482.35472.65475.55477.541,49,20040.7%
13 Oct 2026469.40477.70467.20476.05473.741,95,74245.2%
12 Oct 2026471.90476.25466.45470.20471.081,89,60650.4%
9 Oct 2026467.30473.80461.10471.90469.222,03,20137.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
22 Sep 2023Bonus0.8333Holders received 1 bonus share for every 5 held.
15 Jul 2016Bonus0.7143Holders received 2 bonus shares for every 5 held.
8 Jan 2015Split0.5000Each share became 2.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Berger Paints (I)

Berger Paints India Limited makes paints and coatings for homes, commercial spaces, infrastructure and industry. It was incorporated in 1923 and has its registered office in Kolkata.

The business has three parts: decorative paints, industrial paints and construction chemicals. Decorative paints cover interior painting, exterior painting, waterproofing and wood coatings, sold through a network of more than 64,000 dealers. Brands include Luxol, Silk, Weathercoat and Bison, which covers emulsions and putties. Customers can explore and visualise shades in the My Colour App. Berger Express Painting, a home painting service, has run since 2014. Industrial paints include protective coatings, automotive coatings, general industrial coatings and powder coatings. Construction chemicals include waterproofing, grouts, adhesives and sealants.

The company has operations in Poland, Russia and Nepal as well as in India. Its group includes STP Limited, which works in construction chemicals; SBL Specialty Coatings Private Limited, a maker of speciality industrial coatings; Bolix S.A. in Poland, a step-down subsidiary; and Berger Jenson & Nicholson (Nepal) Private Limited, which operates in Nepal. Berger Rock Paints Private Limited, a subsidiary, makes auto refinish products, and Berger Hesse Wood Coatings Private Limited, also a subsidiary, makes wood coatings. Berger Nippon Paint Automotive Coatings Private Limited, a joint venture, supplies coatings for vehicles.

Rishma Kaur, the chairman of the board, is a promoter of the company. A promoter is the person or group that set up a company or controls it.

Legal name
Berger Paints (I) Limited
NSE symbol
BERGEPAINT
BSE code
509480
ISIN
INE463A01038
Industry
Consumer Durables
Listed
Sep 1988 on BSE, Nov 1999 on NSE
Face value
₹1
CIN
L51434WB1923PLC004793
Corporate identity number, the registrar of companies' code for it