Berger Paints Peer Comparison
NSE: BERGEPAINT | BSE: 509480
₹473.95
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 %
| Berger Paints | Asian Paints | Indigo Paints | JSW Dulux | Kamdhenu Ventures | Kansai Nerolac | Pidilite Ind | Shalimar Paints | SIRCA Paints India | |
|---|---|---|---|---|---|---|---|---|---|
Market cap (₹ Cr) |
55,274 | 2,23,781 | 4,967 | 13,890 | 133 | 14,972 | 1,52,679 | 682 | 2,425 |
Revenue (₹ Cr) |
12,263 | 37,187 | 1,466 | 3,591 | 241 | 8,263 | 15,399 | 559 | 508 |
Net Profit (₹ Cr) |
1,166.34 | 4,669.66 | 163.25 | 1,962.50 | -5.08 | 588.66 | 2,676.38 | -69.44 | 67.02 |
Net Margin (%) |
9.42 | 12.30 | 11.01 | 52.95 | -2.10 | 7.00 | 17.08 | -12.30 | 13.05 |
RoE (%) |
18.66 | 23.84 | 14.89 | 16.31 | -2.94 | 9.81 | 25.98 | -24.21 | 14.60 |
Price to Earnings |
45.43 | 46.97 | 30.87 | 7.08 | -- | 24.95 | 57.64 | -- | 36.19 |
Price-To-Book |
7.57 | 9.80 | 4.21 | 5.49 | 0.77 | 2.16 | 13.20 | 5.69 | 4.94 |
Income Statement (₹ Cr)
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Operating Revenue
|
12,263.24 | 37,186.93 | 8,263.47 | 3,590.90 | 1,385.31 |
|
Total Income
|
12,380.38 | 37,958.79 | 8,411.74 | 3,706.00 | 1,401.66 |
|
Total Expenditure
|
10,350.91 | 29,947.22 | 7,263.65 | 3,101.80 | 1,120.25 |
|
EBITDA
|
1,912.33 | 7,239.71 | 999.82 | 489.10 | 265.06 |
|
Depreciation
|
401.17 | 1,232.17 | 238.01 | 77.40 | 56.16 |
|
EBIT
|
1,511.16 | 6,007.54 | 761.81 | 411.70 | 208.90 |
|
Interest
|
55.55 | 198.74 | 32.95 | 12.00 | 2.37 |
|
Other Income
|
117.14 | 771.86 | 148.27 | 115.10 | 16.34 |
|
Exceptional Items
|
-16.48 | -157.61 | -63.15 | 1,845.90 | -5.85 |
|
Profit before Tax
|
1,556.27 | 6,423.05 | 813.98 | 2,360.70 | 217.02 |
|
Provision for Tax
|
389.93 | 1,753.39 | 225.32 | 398.20 | 55.63 |
|
Profit after Tax
|
1,166.34 | 4,669.66 | 588.66 | 1,962.50 | 161.40 |
Liabilities (₹ Cr)
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,916.16 | 21,371.59 | 6,713.78 | 2,451.60 | 1,182.35 |
|
Minority Interest
|
-1.41 | -72.26 | 11.48 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
561.48 | 3,382.48 | 365.11 | 200.50 | 44.67 |
|
Current Liabilities
|
2,565.88 | 9,137.03 | 1,657.15 | 1,143.20 | 342.92 |
|
Total Liabilities
|
13,273.00 | 34,518.75 | 8,711.11 | 5,600.50 | -- |
Assets (₹ Cr)
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
3,797.78 | 10,263.40 | 2,317.67 | 1,561.30 | 740.95 |
|
Current Assets
|
5,427.10 | 20,184.64 | 5,773.67 | 1,787.10 | 763.17 |
|
Total Assets
|
13,273.00 | 34,518.75 | 8,711.11 | 5,600.50 | -- |
|
Total Debt*
|
142.24 | 2,293.26 | 82.68 | 0.00 | -- |
|
Net Current Assets
|
2,861.22 | 11,047.61 | 4,116.52 | 643.90 | 420.25 |
|
Contingent Liabilities
|
244.56 | 564.97 | 44.79 | 53.70 | -- |
Cashflow (₹ Cr)
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,540.04 | 7,088.18 | 894.37 | 93.20 | -- |
|
Cash Flow from Investing Activities
|
-976.04 | -1,334.07 | -382.65 | 803.70 | -- |
|
Cash from Financing Activities
|
-612.59 | -2,376.51 | -403.30 | -875.40 | -- |
|
Net Cash Inflow / Outflow
|
-48.59 | 3,377.60 | 108.42 | 21.50 | -- |
Ratios
Profitability Ratios
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
ROCE (%)
|
23.14 | 28.22 | 12.44 | 125.82 | -- |
|
ROE (%)
|
18.66 | 23.84 | 9.81 | 16.31 | 14.61 |
|
ROA (%)
|
12.16 | 14.39 | 6.95 | 58.59 | 11.03 |
|
EBIT Margin (%)
|
12.32 | 16.15 | 9.22 | 11.47 | 15.08 |
|
Net Margin (%)
|
9.42 | 12.30 | 7.00 | 52.95 | 11.51 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
5.22 | 9.78 | 5.24 | -11.12 | 8.39 |
|
EBIT Growth (%)
|
0.67 | 24.18 | 7.39 | -21.01 | 18.82 |
|
Net Profit Growth (%)
|
5.34 | 33.43 | -46.49 | 383.49 | 12.21 |
|
EPS Growth (%)
|
5.24 | 26.53 | 3.47 | -5.42 | 15.11 |
|
Book Value Growth (%)
|
12.39 | 10.15 | 4.53 | 84.38 | -- |
Valuation Ratios
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Price / Earnings
|
44.90 | 45.84 | 23.14 | 36.18 | 29.94 |
|
Price / Book Value
|
7.57 | 9.80 | 2.16 | 5.49 | 4.11 |
|
Dividend Yield (%)
|
0.84 | 1.18 | 1.35 | 6.75 | 0.48 |
|
EV/EBITDA
|
28.32 | 30.21 | 12.47 | 27.74 | 17.49 |
|
Market Cap (₹ Cr)
|
47,829.89 | 2,07,619.28 | 13,509.49 | 12,925.09 | -- |
Solvency Ratios
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.06 | 0.00 | 0.00 | 0.00 |
|
Short term debt to equity ratio
|
0.02 | 0.05 | 0.01 | -- | -- |
|
Current Ratio
|
2.12 | 2.21 | 3.48 | 1.56 | 2.23 |
|
Quick Ratio
|
1.18 | 1.58 | 2.56 | 1.06 | 1.72 |
|
Interest Coverage
|
29.02 | 33.32 | 25.70 | 197.73 | 92.61 |
Operating Efficiency Ratios
| Berger Paints | Asian Paints | Kansai Nerolac | JSW Dulux | Indigo Paints | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
12.76 | 12.00 | 17.76 | 16.79 | 18.57 |
|
Asset Turnover
|
1.28 | 1.15 | 0.98 | 1.07 | 0.95 |
|
Receivable days
|
39.36 | 35.79 | 57.19 | 60.23 | -- |
|
Inventory Days
|
60.42 | 50.83 | 64.70 | 59.62 | -- |
|
Payable days
|
98.84 | 74.98 | 79.48 | 144.42 | -- |
|
Cash Conversion Cycle
|
0.94 | 11.64 | 42.40 | -24.57 | -- |