Berger Paints Peer Comparison

NSE: BERGEPAINT | BSE: 509480

₹494.35

₹-6.65 (-1.33%)

As on 28-Aug-2026IST

Market cap

₹57,682 Cr

Revenue (TTM)

₹12,263 Cr

P/E Ratio

47.4

P/B Ratio

7.9

Div. Yield

0.8 %

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	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Market cap (₹ Cr)	57,682	2,49,583	15,836	14,178	5,497
Revenue (₹ Cr)	12,263	37,187	8,263	3,591	1,466
Net Profit (₹ Cr)	1,166.34	4,669.66	588.66	1,962.50	163.25
Net Margin (%)	9.42	12.30	7.00	52.95	11.01
RoE (%)	18.66	23.84	9.81	16.31	14.89
Price to Earnings	47.41	52.38	26.39	7.22	34.16
Price-To-Book	7.90	10.93	2.29	5.60	4.66

Income Statement (₹ Cr)

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Operating Revenue	12,263.24	37,186.93	8,263.47	3,590.90	1,465.82
Total Income	12,380.38	37,958.79	8,411.74	3,706.00	1,483.02
Total Expenditure	10,350.91	29,947.22	7,263.65	3,101.80	1,193.34
EBITDA	1,912.33	7,239.71	999.82	489.10	272.48
Depreciation	401.17	1,232.17	238.01	77.40	61.00
EBIT	1,511.16	6,007.54	761.81	411.70	211.48
Interest	55.55	198.74	32.95	12.00	2.81
Other Income	117.14	771.86	148.27	115.10	17.20
Exceptional Items	-16.48	-157.61	-63.15	1,845.90	-6.13
Profit before Tax	1,556.27	6,423.05	813.98	2,360.70	219.74
Provision for Tax	389.93	1,753.39	225.32	398.20	56.48
Profit after Tax	1,166.34	4,669.66	588.66	1,962.50	163.25

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Shareholder's Funds	6,916.16	21,371.59	6,713.78	2,451.60	1,153.97
Minority Interest	-1.41	-72.26	11.48	0.00	-2.35
Non-Current Liabilities	561.48	3,382.48	365.11	200.50	107.65
Current Liabilities	2,565.88	9,137.03	1,657.15	1,143.20	367.33
Total Liabilities	13,273.00	34,518.75	8,711.11	5,600.50	--

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Non-Current Assets	3,797.78	10,263.40	2,317.67	1,561.30	748.93
Current Assets	5,427.10	20,184.64	5,773.67	1,787.10	811.39
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	444.06
Contingent Liabilities	244.56	564.97	44.79	53.70	--

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	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	--

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
ROCE (%)	23.14	28.22	12.44	125.82	--
ROE (%)	18.66	23.84	9.81	16.31	14.89
ROA (%)	12.16	14.39	6.95	58.59	10.74
EBIT Margin (%)	12.32	16.15	9.22	11.47	14.43
Net Margin (%)	9.42	12.30	7.00	52.95	11.01
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Revenue Growth (%)	5.22	9.78	5.24	-11.12	9.51
EBIT Growth (%)	0.67	24.18	7.39	-21.01	22.72
Net Profit Growth (%)	5.34	33.43	-46.49	383.49	15.32
EPS Growth (%)	5.24	26.53	3.47	-5.42	16.75
Book Value Growth (%)	12.39	10.15	4.53	84.38	--

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Price / Earnings	46.86	51.12	24.48	36.93	33.21
Price / Book Value	7.90	10.93	2.29	5.60	4.66
Dividend Yield (%)	0.81	1.06	1.28	6.62	0.43
EV/EBITDA	29.58	33.77	13.33	28.33	18.96
Market Cap (₹ Cr)	47,829.89	2,07,619.28	13,509.49	12,925.09	--

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	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	2.21
Quick Ratio	1.18	1.58	2.56	1.06	1.72
Interest Coverage	29.02	33.32	25.70	197.73	79.20

	Berger Paints	Asian Paints	Kansai Nerolac	Akzo Nobel India	Indigo Paints
Debtors to sales (%)	12.76	12.00	17.76	16.79	19.48
Asset Turnover	1.28	1.15	0.98	1.07	0.96
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	--

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