Berger Paints Key Ratios

Stock Card

NSE: BERGEPAINT | BSE: 509480

₹473.95

₹3.90 (0.83%)

As on 16-Oct-2026IST

Market cap

₹55,274 Cr

Revenue (TTM)

₹12,263 Cr

P/E Ratio

45.4

P/B Ratio

7.6

Div. Yield

0.8 %

Key Ratios and Highlights

Growth Score (%)	Quarterly		Annual (TTM)
Particulars	QoQ	YoY	1-Year	3-Years	5-Years
Revenue	24.96	11.97	5.22	4.21	9.80
EBIT	32.51	16.10	0.67	3.58	6.39
Net Profit	32.17	17.96	5.25	8.63	7.82
EPS	20.78	28.50	6.57	8.19	7.56
Book Value	--	--	12.38	15.45	15.41

Key Ratios (%)	Average		Annual (TTM)
Particulars	3-Years	5-Years	TTM	Mar-26	Mar-25
EBIT-Margin	13.32	12.60	12.32	12.13	13.01
Net Margin	10.29	9.50	9.42	9.41	10.16
Return on equity	20.09	20.97	18.66	17.28	20.53
Return on Capital	26.91	26.89	--	23.14	27.46
Return on Assets	9.97	9.71	12.16	8.88	10.22
Debt to Equity (x)	--	--	0.00	0.02	0.02

Profitability

View Detailed Peer Comparison

ROCE

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	23.14	27.46	30.15	25.60	28.10
Peer Median	--	21.71	30.37	25.47	23.58	20.45

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROE

18.66

Higher than Peers by 1.70

Profit after tax / Average Net worth * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	18.66	17.28	20.53	23.72	20.46	22.84
Peer Median	16.96	16.52	23.51	19.63	18.35	14.96

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROA

12.16

Lower than Peers by 1.08

Profit after tax / Average Total assets * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	12.16	8.88	10.22	11.00	8.71	9.75
Peer Median	13.23	10.76	13.77	11.02	9.73	8.52

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Margin

12.32

Lower than Peers by 1.40

Operating profit (EBIT) / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	12.32	12.13	13.01	13.67	11.57	12.61
Peer Median	13.72	13.38	13.27	14.08	12.52	11.87

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Margin

9.42

Lower than Peers by 1.68

Net profit / Total Income (Net sales plus other income) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	9.42	9.41	10.16	10.39	8.10	9.44
Peer Median	11.10	11.26	13.08	10.39	9.30	10.01

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Profit Margin

(Net profit + Depreciation) / Gross Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	10.57	11.26	11.41	9.05	10.40
Peer Median	--	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

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Revenue Growth

5.22

Higher than Peers by 2.23

Year on year growth in net sales

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	5.22	2.91	3.09	5.97	20.61	28.52
Peer Median	2.99	7.37	2.87	5.08	24.88	35.74

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Growth

0.67

Higher than Peers by 0.26

Year on year growth in operating profit (EBIT)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	0.67	-4.04	-1.86	25.12	10.74	13.07
Peer Median	0.41	15.06	-4.87	24.87	16.21	47.73

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Profit Growth

5.25

Higher than Peers by 1.97

Year on year growth in profit after tax

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	5.25	-4.63	1.11	35.96	3.30	15.73
Peer Median	3.28	20.82	-4.55	28.26	11.66	52.32

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EPS Growth

6.57

Higher than Peers by 7.07

Year on year growth in earnings per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	6.57	-4.54	1.08	35.86	3.18	15.71
Peer Median	-0.50	11.00	-4.67	19.74	4.63	52.03

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Book Value Growth

Year on year growth in book value per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	12.39	14.42	19.70	14.52	16.18
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

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Debt to Equity

0.00

Total debt / Net worth

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	0.00	0.02	0.02	0.04	0.17	0.17
Peer Median	--	0.02	0.01	0.02	0.02	0.02

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Short term debt to equity ratio

(Short term borrowings / Net worth)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	0.02	0.02	0.04	0.17	0.15
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Current Ratio

2.12

Lower than Peers by 0.09

Current Assets / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	2.12	1.74	1.74	1.60	1.32	1.34
Peer Median	2.21	2.13	2.12	2.03	2.17	2.47

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Quick Ratio

1.18

Lower than Peers by 0.40

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	1.18	1.12	1.04	0.93	0.69	0.69
Peer Median	1.58	1.65	1.55	1.48	1.14	1.69

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Interest Coverage

29.02

Lower than Peers by 21.96

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	29.02	26.85	25.79	20.90	12.71	23.13
Peer Median	50.98	29.29	50.64	36.86	35.59	29.51

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

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Debtors to sales

12.76

Lower than Peers by 3.20

Debtors outstanding / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	12.76	13.17	13.30	11.63	11.76	12.03
Peer Median	15.96	17.27	15.82	15.80	15.06	16.99

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Asset Turnover

1.28

Higher than Peers by 0.17

Sales / Average Total Assets

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	1.28	1.13	1.18	1.24	1.26	1.19
Peer Median	1.10	1.02	1.06	1.32	1.30	1.20

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Receivable days

Average Debtors / Sales * 365

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	39.36	37.95	35.32	33.75	37.13
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Inventory Days

Average Inventory / Sales * 365

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	60.42	60.80	62.44	68.11	70.42
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Payable days

Average Creditors / Cost of goods sold * 365

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	98.84	94.22	94.55	97.70	115.42
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Conversion Cycle

Receivable Days + Inventory Days - Payable Days

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	--	0.94	4.54	3.21	4.16	-7.87
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

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Price / Earnings

45.43

Higher than Peers by 11.92

Current share price divided by earning per share in the last twelve months

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	45.43	42.44	49.37	57.20	54.76	81.62
Peer Median	33.51	33.51	37.80	38.29	54.70	51.10

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Price / Book Value

7.57

Higher than Peers by 2.36

Current share price divided by book value per share in the latest financial year

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	7.57	6.92	9.48	12.43	12.58	17.34
Peer Median	5.21	5.21	8.06	7.94	8.12	7.46

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Dividend Yield

0.84

Lower than Peers by 0.17

Dividend per share in the past twelve months divided by current share price

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	0.84	0.98	0.76	0.61	0.55	0.44
Peer Median	1.01	1.01	0.89	0.96	0.52	0.58

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EV/EBITDA

27.16

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	27.16	24.57	29.69	34.57	37.04	48.96
Peer Median	--	28.98	28.18	37.76	51.81	72.53

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Market Cap

55,274

Higher than Peers by 41,129

Current Share price multiplied by latest total number of shares outstanding

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17
Berger Paints	55,274	47,830	58,272	66,789	56,478	67,972
Peer Median	14,146	14,146	17,743	16,734	16,887	9,702

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.