Berger Paints Share Price: Stock Analysis, History, & Forecast

One of the fastest-growing organisations in the country, Berger Paints India Limited stands tall as the second-largest paint company in India. Having come from modest beginnings at its inception, to undergoing several changes in leadership and its nomenclature in its illustrious history- Berger’s has come a long way!

Berger Paints’ share price reflect the steady growth that the company has showcased. The company has witnessed a progressive increase in revenue, from Operations for the year 2020-2021 at INR 6,021.41 crores as against INR 5,691.69 crores in the corresponding previous financial year, representing a growth of 5.8% over the previous financial year. Must you be bearish or bullish whilst thinking about investing in Berger Paints? Read on to make up your mind!

Berger Paints Share Price History

Before you invest, the following data reflects the Berger Paint Share Price between 2020-21 and it might just help you gauge an idea if Berger Paints’ Share price is the right fit for you!

Witnessing a gradual but continuous rise, Berger Paints’ Share steadily maintains its pace. With a few dips here and there, which is constant for all companies across the market, Berger Paints bounces back each time.

Berger Paints’ Share Price NSE

As of 24 May 2021, at 16:35 Hours, the share price of Berger Paint India Ltd. on NSE was as follows:

Berger Paints Share Price BSE

As of 24 May 2021, at 16:40 Hours, the share price of Berger Paint India Ltd. on BSE was as follows:

Berger Paints Share Price NSE & BSE – An Advance Chart for an Enhanced Understanding

Source – moneycontrol.com

History of Berger Paints

Berger Paints India Ltd. is the second largest paint company in India. The company gets its name from the chemist extraordinaire Mr. Lewis Berger, which has now become synonymous with vibrant and bright colours across the world. But the real story began in 1760, England when the young chemist named Lewis Berger started manufacturing the ever so coveted ‘Prussian Blue’. Enriched by the imagination and creativity of Berger, Berger Paint India Ltd. continues to follow his legacy and spearhead the unending quest for creation and innovation in the realm of colours.

The company in contemporary times engages in the manufacturing and selling of paint varnishes and enamels for numerous applications. They offer their customers a variety of innovative colour solutions, decorative or industrial. Headquartered in Calcutta, Berger Paint services the market through distribution. Their manufacturing facilities are spread across the country, with its offices in West Bengal, Uttar Pradesh, Goa, Pondicherry, and Jammu & Kashmir. Berger also has a vast international presence in 4 countries viz. Bangladesh, Nepal, Poland and Russia.

Berger Paints – Company Profile

Berger Paints, India, is headquartered in Kolkata. With 16 strategically located manufacturing units across the country including all the subsidiaries, 2 MUs in Nepal, 1 MU in both Poland and Russia, and around 162 stock points, Berger Paints is definitely one of the biggest paint companies in India. The company also has an international presence in 4 countries (Bangladesh, Nepal, Poland, and Russia). Bergers has an employee strength of over 3, excluding all its subsidiaries, and a nationwide distribution network of 25,000+ dealers, Berger is well-acclaimed as a game-changer in the field of paint services with a rich portfolio of paints and tailor-made customer services in every segment.

Berger Paints Management Information

Berger Paints India Ltd. has also been recognized for its impeccable management across the company and for overall business performance and sustained growth and won the prestigious “Best Managed” title at Deloitte India’s Best Managed Companies 2021 Award.

Berger Paints remains one of the innovation leaders in the Indian Paint industry and has become a household name owing to its consumer-centric approach leading to the introduction of innovative and differentiated products and Services. The resilience and the courage to experiment and to do it in a structured manner with the complete backing of the top management remains the mantra of Berger Paint’s immense success.

The following table puts the Management team of Berger Paints at a glace for your convenience.   

Berger Paints Company Performance

Berger Paints India Ltd, unfortunately, witnessed an 8% decline in its consolidatednet profit to Rs 252.97 crore for the December 2021 quarter. The company posted a net profit of Rs 274.98 crore during the corresponding quarter last year. The company’s revenue from operations during October-December 2021 jumped 20.42 % to Rs 2,550.77 crore, compared with Rs 2,118.19 crore in the year-ago period.

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Berger Paints- Listing Information, Indices

The Listing Page of Berger Paints (India) Ltd.

presents the Key Listing Information, Incorporation Date, Book Closure dates,

Public Issue Date, Face Value, Indices, etc.

KEY DATES

LISTING INFORMATION

INDICES

Listed on

Berger Paints office

The main Berger Paints office is headquartered in Kolkata and has offices across the country and also has an international presence in 4 different countries.

Address- Berger House, 129 Park Street, Kolkata 700017

Contact Number: +91 33 2229 9724 / 2229 6005 / 06 / 16

Email: consumerfeedback@bergerindia[dot]com

Fax: No. +91 33 2249 9009 / 9729

Should You Invest in Berger Paints’ Stocks?

Berger Paints India Ltd. is a good dividend stock paying companies with earnings growing increasingly which can be highly rewarding in the long term. Yet sometimes, investors end up buying popular dividend stocks because of the yield they are producing and they may lose money if the company’s dividends don’t live up to expectations.

Berger Paints India has staying power. Some simple analysis can reduce the risk of holding Berger Paints India for its dividend.

It is encouraging to see that Berger Paints India Ltd.’s dividend is covered by both cash flow and profits. As this is usually a sign that the dividend is sustainable in nature, and a lower payout ratio generally suggests a higher margin of safety before the dividend gets chopped. The stock has a strong support zone in the weekly time frame and forms divergence in a few of its indicators. The support zone for Berger’s box range may range between Rs 620 and Rs 635. Whilst, the resistance zone for the same will be between Rs 710 and Rs 735.

FAQ’s about Berger Paints Share Price