Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Berger Paints share price today

Berger Paints India Ltd · NSE: BERGEPAINT · Building Materials - Paints · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 5 August 2026

Berger Paints share price today: ₹485.10 at the NSE close on 4 November 2026, down 8.7% in a year. Berger Paints India (NSE: BERGEPAINT) is worth ₹56,575 crore, trades at a P/E of 46.1 and has closed between ₹407.80 and ₹579.55 over the past 52 weeks. Latest change: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare).

MixedBusiness trend from the last 12 quarters
₹485.10Price −8.7% in a year
46.1×P/E lower than 96% of the last 11 years
₹3,584 CrRevenue (Jun 2026) +12.0% on a year ago
₹405 CrProfit (Jun 2026) +28.6% on a year ago
17.0%Operating margin flat on a year ago
22%ROCE FY26
18.6%ROIC against a 12.0% cost of capital: +6.6 points

Berger Paints India Ltd's share price has fallen more than its earnings. Earnings per share fell 4.5% in a year while the price moved −8.7%.

The main question: foreign institutions moved −2.0 percentage points over 8 quarters while the business went the other way.

The price has been falling for 5 weeks, and the P/E is lower than 96% of its own last 11 years. Over the last four quarters, results have been improving, with profit +28.6% on a year earlier, and 126% of the last 3 years' profit came in as cash. What will decide it: whether the owners’ moves turn back in line with the business.

What is the Berger Paints share price today?

Berger Paints India Ltd's share price was ₹485.10 at the close on 4 November 2026. It has been falling for 5 weeks. That is 1.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹408 and ₹580, and at that close it sat 45% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Berger Paints India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

1Y

Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹485
  • 50-day avg ₹475
  • 200-day avg ₹493
Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹542₹540₹539
7 Nov 2025₹531₹540₹539
14 Nov 2025₹580₹544₹540
21 Nov 2025₹580₹551₹542
28 Nov 2025₹565₹555₹544
5 Dec 2025₹555₹555₹544
12 Dec 2025₹541₹553₹544
19 Dec 2025₹538₹550₹544
26 Dec 2025₹542₹550₹544
2 Jan 2026₹524₹546₹543
9 Jan 2026₹514₹542₹542
16 Jan 2026₹520₹539₹541
23 Jan 2026₹505₹534₹540
1 Feb 2026₹463₹523₹537
6 Feb 2026₹472₹514₹534
13 Feb 2026₹462₹504₹530
20 Feb 2026₹455₹496₹527
27 Feb 2026₹456₹490₹523
6 Mar 2026₹440₹482₹520
13 Mar 2026₹408₹472₹516
20 Mar 2026₹417₹461₹511
27 Mar 2026₹415₹454₹507
2 Apr 2026₹422₹450₹504
10 Apr 2026₹454₹448₹501
17 Apr 2026₹469₹451₹500
24 Apr 2026₹460₹455₹498
30 Apr 2026₹473₹457₹497
8 May 2026₹516₹462₹497
15 May 2026₹533₹471₹497
22 May 2026₹501₹478₹498
29 May 2026₹501₹483₹498
4 Jun 2026₹494₹486₹499
5 Jun 2026₹490₹486₹498
9 Jun 2026₹502₹487₹498
10 Jun 2026₹517₹488₹499
12 Jun 2026₹515₹490₹499
17 Jun 2026₹512₹493₹499
19 Jun 2026₹551₹495₹500
24 Jun 2026₹531₹501₹501
25 Jun 2026₹539₹502₹502
1 Jul 2026₹515₹504₹502
3 Jul 2026₹519₹505₹502
10 Jul 2026₹497₹505₹502
17 Jul 2026₹494₹503₹502
24 Jul 2026₹498₹502₹502
31 Jul 2026₹520₹504₹502
7 Aug 2026₹531₹509₹504
14 Aug 2026₹545₹516₹506
21 Aug 2026₹524₹520₹507
28 Aug 2026₹494₹517₹507
4 Sep 2026₹485₹512₹506
11 Sep 2026₹458₹505₹505
18 Sep 2026₹459₹497₹503
25 Sep 2026₹458₹489₹500
1 Oct 2026₹452₹483₹498
9 Oct 2026₹472₹481₹497
16 Oct 2026₹474₹479₹496
23 Oct 2026₹466₹478₹495
30 Oct 2026₹465₹475₹493
4 Nov 2026₹485₹475₹493
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹485
  • 50-day avg ₹475
  • 200-day avg ₹493
Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹553₹572₹552
12 Nov 2023₹579₹573₹554
17 Nov 2023₹588₹574₹555
24 Nov 2023₹574₹575₹556
1 Dec 2023₹586₹575₹557
8 Dec 2023₹579₹577₹558
15 Dec 2023₹586₹577₹559
22 Dec 2023₹583₹578₹560
29 Dec 2023₹605₹580₹561
5 Jan 2024₹596₹584₹563
12 Jan 2024₹596₹585₹565
20 Jan 2024₹575₹586₹566
25 Jan 2024₹555₹582₹566
2 Feb 2024₹570₹579₹566
9 Feb 2024₹554₹575₹565
16 Feb 2024₹563₹572₹565
23 Feb 2024₹572₹571₹565
2 Mar 2024₹593₹573₹566
7 Mar 2024₹573₹574₹566
15 Mar 2024₹558₹572₹566
22 Mar 2024₹558₹569₹565
28 Mar 2024₹573₹568₹566
5 Apr 2024₹562₹567₹565
12 Apr 2024₹557₹566₹565
19 Apr 2024₹505₹560₹564
26 Apr 2024₹503₹550₹561
3 May 2024₹523₹545₹559
10 May 2024₹490₹537₹556
18 May 2024₹494₹527₹552
24 May 2024₹488₹521₹550
31 May 2024₹460₹514₹547
7 Jun 2024₹483₹507₹543
14 Jun 2024₹503₹505₹541
21 Jun 2024₹502₹505₹539
28 Jun 2024₹504₹504₹537
5 Jul 2024₹514₹505₹536
12 Jul 2024₹526₹508₹535
19 Jul 2024₹524₹510₹535
26 Jul 2024₹542₹514₹535
2 Aug 2024₹550₹520₹535
9 Aug 2024₹532₹523₹535
16 Aug 2024₹550₹525₹535
23 Aug 2024₹566₹534₹537
30 Aug 2024₹571₹541₹539
6 Sep 2024₹596₹550₹541
13 Sep 2024₹623₹561₹545
20 Sep 2024₹623₹572₹549
27 Sep 2024₹618₹580₹552
4 Oct 2024₹577₹583₹554
11 Oct 2024₹572₹581₹555
18 Oct 2024₹556₹579₹555
25 Oct 2024₹537₹572₹555
1 Nov 2024₹532₹566₹554
8 Nov 2024₹504₹557₹552
14 Nov 2024₹492₹548₹550
22 Nov 2024₹476₹537₹547
29 Nov 2024₹494₹528₹544
6 Dec 2024₹480₹520₹541
13 Dec 2024₹475₹512₹538
20 Dec 2024₹445₹502₹534
27 Dec 2024₹442₹493₹530
3 Jan 2025₹458₹486₹527
10 Jan 2025₹461₹481₹523
17 Jan 2025₹469₹478₹520
24 Jan 2025₹480₹477₹518
1 Feb 2025₹492₹477₹516
7 Feb 2025₹479₹478₹514
14 Feb 2025₹478₹479₹512
21 Feb 2025₹491₹481₹511
28 Feb 2025₹489₹483₹511
7 Mar 2025₹509₹485₹510
13 Mar 2025₹488₹486₹509
21 Mar 2025₹500₹489₹509
28 Mar 2025₹500₹492₹509
4 Apr 2025₹512₹494₹509
11 Apr 2025₹531₹499₹509
17 Apr 2025₹544₹504₹510
25 Apr 2025₹553₹516₹513
2 May 2025₹544₹520₹515
9 May 2025₹537₹524₹516
16 May 2025₹576₹530₹518
23 May 2025₹555₹535₹520
30 May 2025₹568₹539₹522
6 Jun 2025₹582₹545₹524
13 Jun 2025₹570₹549₹526
20 Jun 2025₹536₹550₹528
27 Jun 2025₹584₹553₹529
4 Jul 2025₹596₹561₹533
11 Jul 2025₹573₹564₹535
18 Jul 2025₹577₹565₹537
25 Jul 2025₹558₹566₹538
1 Aug 2025₹567₹566₹540
8 Aug 2025₹551₹565₹541
14 Aug 2025₹533₹561₹541
22 Aug 2025₹527₹557₹541
29 Aug 2025₹533₹553₹540
5 Sep 2025₹539₹551₹540
12 Sep 2025₹539₹549₹540
19 Sep 2025₹532₹547₹540
26 Sep 2025₹521₹544₹540
3 Oct 2025₹543₹541₹539
10 Oct 2025₹535₹540₹539
17 Oct 2025₹545₹539₹539
24 Oct 2025₹546₹539₹539
31 Oct 2025₹542₹540₹539
7 Nov 2025₹531₹540₹539
14 Nov 2025₹580₹544₹540
21 Nov 2025₹580₹551₹542
28 Nov 2025₹565₹555₹544
5 Dec 2025₹555₹555₹544
12 Dec 2025₹541₹553₹544
19 Dec 2025₹538₹550₹544
26 Dec 2025₹542₹550₹544
2 Jan 2026₹524₹546₹543
9 Jan 2026₹514₹542₹542
16 Jan 2026₹520₹539₹541
23 Jan 2026₹505₹534₹540
1 Feb 2026₹463₹523₹537
6 Feb 2026₹472₹514₹534
13 Feb 2026₹462₹504₹530
20 Feb 2026₹455₹496₹527
27 Feb 2026₹456₹490₹523
6 Mar 2026₹440₹482₹520
13 Mar 2026₹408₹472₹516
20 Mar 2026₹417₹461₹511
27 Mar 2026₹415₹454₹507
2 Apr 2026₹422₹450₹504
10 Apr 2026₹454₹448₹501
17 Apr 2026₹469₹451₹500
24 Apr 2026₹460₹455₹498
30 Apr 2026₹473₹457₹497
8 May 2026₹516₹462₹497
15 May 2026₹533₹471₹497
22 May 2026₹501₹478₹498
29 May 2026₹501₹483₹498
4 Jun 2026₹494₹486₹499
5 Jun 2026₹490₹486₹498
9 Jun 2026₹502₹487₹498
10 Jun 2026₹517₹488₹499
12 Jun 2026₹515₹490₹499
17 Jun 2026₹512₹493₹499
19 Jun 2026₹551₹495₹500
24 Jun 2026₹531₹501₹501
25 Jun 2026₹539₹502₹502
1 Jul 2026₹515₹504₹502
3 Jul 2026₹519₹505₹502
10 Jul 2026₹497₹505₹502
17 Jul 2026₹494₹503₹502
24 Jul 2026₹498₹502₹502
31 Jul 2026₹520₹504₹502
7 Aug 2026₹531₹509₹504
14 Aug 2026₹545₹516₹506
21 Aug 2026₹524₹520₹507
28 Aug 2026₹494₹517₹507
4 Sep 2026₹485₹512₹506
11 Sep 2026₹458₹505₹505
18 Sep 2026₹459₹497₹503
25 Sep 2026₹458₹489₹500
1 Oct 2026₹452₹483₹498
9 Oct 2026₹472₹481₹497
16 Oct 2026₹474₹479₹496
23 Oct 2026₹466₹478₹495
30 Oct 2026₹465₹475₹493
4 Nov 2026₹485₹475₹493
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹485
  • 50-day avg ₹475
  • 200-day avg ₹493
Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹618₹668₹641
12 Nov 2021₹662₹660₹641
26 Nov 2021₹635₹656₹642
10 Dec 2021₹635₹644₹639
24 Dec 2021₹617₹637₹638
7 Jan 2022₹659₹639₹638
21 Jan 2022₹621₹639₹639
4 Feb 2022₹613₹630₹636
18 Feb 2022₹615₹620₹633
4 Mar 2022₹544₹607₹628
17 Mar 2022₹598₹594₹622
1 Apr 2022₹593₹588₹618
13 Apr 2022₹603₹593₹617
29 Apr 2022₹598₹595₹615
13 May 2022₹547₹585₹611
27 May 2022₹479₹559₹601
10 Jun 2022₹484₹538₹591
24 Jun 2022₹495₹520₹581
8 Jul 2022₹488₹509₹572
22 Jul 2022₹491₹501₹563
5 Aug 2022₹561₹510₹560
19 Aug 2022₹581₹527₹561
2 Sep 2022₹557₹535₹560
16 Sep 2022₹533₹540₹559
30 Sep 2022₹514₹534₹556
14 Oct 2022₹510₹528₹552
28 Oct 2022₹479₹519₹547
11 Nov 2022₹498₹512₹543
25 Nov 2022₹514₹511₹540
9 Dec 2022₹513₹512₹538
23 Dec 2022₹480₹508₹534
6 Jan 2023₹474₹499₹529
20 Jan 2023₹464₹490₹523
3 Feb 2023₹465₹481₹518
17 Feb 2023₹474₹477₹513
3 Mar 2023₹484₹477₹510
17 Mar 2023₹495₹481₹508
31 Mar 2023₹485₹482₹506
13 Apr 2023₹482₹484₹505
28 Apr 2023₹509₹487₹504
12 May 2023₹528₹497₹505
26 May 2023₹539₹506₹507
9 Jun 2023₹540₹518₹510
23 Jun 2023₹563₹532₹515
7 Jul 2023₹561₹541₹519
21 Jul 2023₹576₹548₹523
4 Aug 2023₹587₹557₹528
18 Aug 2023₹588₹566₹533
1 Sep 2023₹600₹575₹539
15 Sep 2023₹600₹583₹544
29 Sep 2023₹569₹590₹550
13 Oct 2023₹568₹582₹551
27 Oct 2023₹538₹577₹552
12 Nov 2023₹579₹573₹554
24 Nov 2023₹574₹575₹556
8 Dec 2023₹579₹577₹558
22 Dec 2023₹583₹578₹560
5 Jan 2024₹596₹584₹563
20 Jan 2024₹575₹586₹566
2 Feb 2024₹570₹579₹566
16 Feb 2024₹563₹572₹565
2 Mar 2024₹593₹573₹566
15 Mar 2024₹558₹572₹566
28 Mar 2024₹573₹568₹566
12 Apr 2024₹557₹566₹565
26 Apr 2024₹503₹550₹561
10 May 2024₹490₹537₹556
24 May 2024₹488₹521₹550
7 Jun 2024₹483₹507₹543
21 Jun 2024₹502₹505₹539
5 Jul 2024₹514₹505₹536
19 Jul 2024₹524₹510₹535
2 Aug 2024₹550₹520₹535
16 Aug 2024₹550₹525₹535
30 Aug 2024₹571₹541₹539
13 Sep 2024₹623₹561₹545
27 Sep 2024₹618₹580₹552
11 Oct 2024₹572₹581₹555
25 Oct 2024₹537₹572₹555
8 Nov 2024₹504₹557₹552
22 Nov 2024₹476₹537₹547
6 Dec 2024₹480₹520₹541
20 Dec 2024₹445₹502₹534
3 Jan 2025₹458₹486₹527
17 Jan 2025₹469₹478₹520
1 Feb 2025₹492₹477₹516
14 Feb 2025₹478₹479₹512
28 Feb 2025₹489₹483₹511
13 Mar 2025₹488₹486₹509
28 Mar 2025₹500₹492₹509
11 Apr 2025₹531₹499₹509
25 Apr 2025₹553₹516₹513
9 May 2025₹537₹524₹516
23 May 2025₹555₹535₹520
6 Jun 2025₹582₹545₹524
20 Jun 2025₹536₹550₹528
4 Jul 2025₹596₹561₹533
18 Jul 2025₹577₹565₹537
1 Aug 2025₹567₹566₹540
14 Aug 2025₹533₹561₹541
29 Aug 2025₹533₹553₹540
12 Sep 2025₹539₹549₹540
26 Sep 2025₹521₹544₹540
10 Oct 2025₹535₹540₹539
24 Oct 2025₹546₹539₹539
7 Nov 2025₹531₹540₹539
21 Nov 2025₹580₹551₹542
5 Dec 2025₹555₹555₹544
19 Dec 2025₹538₹550₹544
2 Jan 2026₹524₹546₹543
16 Jan 2026₹520₹539₹541
1 Feb 2026₹463₹523₹537
13 Feb 2026₹462₹504₹530
27 Feb 2026₹456₹490₹523
13 Mar 2026₹408₹472₹516
27 Mar 2026₹415₹454₹507
10 Apr 2026₹454₹448₹501
24 Apr 2026₹460₹455₹498
8 May 2026₹516₹462₹497
22 May 2026₹501₹478₹498
4 Jun 2026₹494₹486₹499
9 Jun 2026₹502₹487₹498
12 Jun 2026₹515₹490₹499
19 Jun 2026₹551₹495₹500
25 Jun 2026₹539₹502₹502
3 Jul 2026₹519₹505₹502
17 Jul 2026₹494₹503₹502
31 Jul 2026₹520₹504₹502
14 Aug 2026₹545₹516₹506
28 Aug 2026₹494₹517₹507
11 Sep 2026₹458₹505₹505
25 Sep 2026₹458₹489₹500
9 Oct 2026₹472₹481₹497
23 Oct 2026₹466₹478₹495
4 Nov 2026₹485₹475₹493
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹485
  • 50-day avg ₹475
  • 200-day avg ₹493
Nov 2026: ₹485, 1.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹215₹213₹183
18 Nov 2016₹156₹204₹184
9 Dec 2016₹183₹194₹183
30 Dec 2016₹175₹182₹181
20 Jan 2017₹175₹181₹181
10 Feb 2017₹192₹181₹181
3 Mar 2017₹188₹185₹182
24 Mar 2017₹190₹187₹183
13 Apr 2017₹197₹192₹185
5 May 2017₹216₹200₹188
26 May 2017₹215₹205₹192
16 Jun 2017₹209₹207₹194
7 Jul 2017₹204₹206₹195
28 Jul 2017₹210₹208₹198
18 Aug 2017₹200₹207₹199
8 Sep 2017₹214₹207₹200
29 Sep 2017₹204₹210₹202
19 Oct 2017₹218₹212₹203
10 Nov 2017₹210₹215₹206
1 Dec 2017₹214₹214₹207
22 Dec 2017₹217₹213₹207
12 Jan 2018₹222₹216₹209
2 Feb 2018₹206₹214₹209
23 Feb 2018₹205₹210₹209
16 Mar 2018₹210₹208₹208
6 Apr 2018₹221₹209₹209
27 Apr 2018₹233₹217₹211
18 May 2018₹234₹223₹214
8 Jun 2018₹238₹232₹218
29 Jun 2018₹234₹234₹220
20 Jul 2018₹258₹241₹224
10 Aug 2018₹274₹251₹230
31 Aug 2018₹279₹262₹236
21 Sep 2018₹251₹260₹238
12 Oct 2018₹237₹249₹238
2 Nov 2018₹254₹245₹238
22 Nov 2018₹262₹250₹240
14 Dec 2018₹269₹256₹244
4 Jan 2019₹269₹264₹248
25 Jan 2019₹262₹266₹251
15 Feb 2019₹244₹262₹252
8 Mar 2019₹252₹256₹251
29 Mar 2019₹270₹259₹253
18 Apr 2019₹274₹265₹255
10 May 2019₹251₹263₹256
31 May 2019₹275₹260₹256
21 Jun 2019₹265₹264₹258
12 Jul 2019₹258₹263₹258
2 Aug 2019₹279₹265₹260
23 Aug 2019₹303₹279₹264
13 Sep 2019₹307₹290₹269
4 Oct 2019₹354₹314₹279
27 Oct 2019₹408₹350₹295
15 Nov 2019₹406₹376₹309
6 Dec 2019₹417₹391₹323
27 Dec 2019₹429₹404₹336
17 Jan 2020₹469₹417₹349
7 Feb 2020₹476₹443₹367
28 Feb 2020₹472₹459₹382
20 Mar 2020₹376₹434₹385
9 Apr 2020₹395₹417₹385
30 Apr 2020₹424₹423₹391
22 May 2020₹381₹403₹389
12 Jun 2020₹418₹406₹392
3 Jul 2020₹420₹413₹396
24 Jul 2020₹437₹419₹400
14 Aug 2020₹459₹432₹407
4 Sep 2020₹460₹447₹415
25 Sep 2020₹485₹460₹423
16 Oct 2020₹503₹477₹433
6 Nov 2020₹541₹496₹445
27 Nov 2020₹540₹515₹458
18 Dec 2020₹592₹538₹472
8 Jan 2021₹676₹579₹493
29 Jan 2021₹589₹606₹513
19 Feb 2021₹618₹615₹528
12 Mar 2021₹598₹608₹538
1 Apr 2021₹637₹612₹547
23 Apr 2021₹591₹611₹555
14 May 2021₹627₹607₹561
4 Jun 2021₹664₹633₹575
25 Jun 2021₹672₹653₹590
16 Jul 2021₹703₹670₹603
6 Aug 2021₹690₹685₹617
27 Aug 2021₹655₹678₹624
17 Sep 2021₹682₹684₹633
8 Oct 2021₹692₹684₹640
29 Oct 2021₹618₹668₹641
18 Nov 2021₹657₹660₹642
10 Dec 2021₹635₹644₹639
31 Dec 2021₹643₹636₹638
21 Jan 2022₹621₹639₹639
11 Feb 2022₹598₹624₹634
4 Mar 2022₹544₹607₹628
25 Mar 2022₹574₹591₹620
13 Apr 2022₹603₹593₹617
6 May 2022₹556₹591₹613
27 May 2022₹479₹559₹601
17 Jun 2022₹467₹527₹585
8 Jul 2022₹488₹509₹572
29 Jul 2022₹521₹502₹561
19 Aug 2022₹581₹527₹561
9 Sep 2022₹553₹538₹560
30 Sep 2022₹514₹534₹556
21 Oct 2022₹488₹525₹550
11 Nov 2022₹498₹512₹543
2 Dec 2022₹514₹512₹539
23 Dec 2022₹480₹508₹534
13 Jan 2023₹468₹494₹526
3 Feb 2023₹465₹481₹518
24 Feb 2023₹465₹476₹511
17 Mar 2023₹495₹481₹508
6 Apr 2023₹498₹483₹506
28 Apr 2023₹509₹487₹504
19 May 2023₹521₹501₹506
9 Jun 2023₹540₹518₹510
30 Jun 2023₹565₹537₹517
21 Jul 2023₹576₹548₹523
11 Aug 2023₹584₹562₹531
1 Sep 2023₹600₹575₹539
22 Sep 2023₹669₹590₹548
13 Oct 2023₹568₹582₹551
3 Nov 2023₹553₹572₹552
24 Nov 2023₹574₹575₹556
15 Dec 2023₹586₹577₹559
5 Jan 2024₹596₹584₹563
25 Jan 2024₹555₹582₹566
16 Feb 2024₹563₹572₹565
7 Mar 2024₹573₹574₹566
28 Mar 2024₹573₹568₹566
19 Apr 2024₹505₹560₹564
10 May 2024₹490₹537₹556
31 May 2024₹460₹514₹547
21 Jun 2024₹502₹505₹539
12 Jul 2024₹526₹508₹535
2 Aug 2024₹550₹520₹535
23 Aug 2024₹566₹534₹537
13 Sep 2024₹623₹561₹545
4 Oct 2024₹577₹583₹554
25 Oct 2024₹537₹572₹555
14 Nov 2024₹492₹548₹550
6 Dec 2024₹480₹520₹541
27 Dec 2024₹442₹493₹530
17 Jan 2025₹469₹478₹520
7 Feb 2025₹479₹478₹514
28 Feb 2025₹489₹483₹511
21 Mar 2025₹500₹489₹509
11 Apr 2025₹531₹499₹509
2 May 2025₹544₹520₹515
23 May 2025₹555₹535₹520
13 Jun 2025₹570₹549₹526
4 Jul 2025₹596₹561₹533
25 Jul 2025₹558₹566₹538
14 Aug 2025₹533₹561₹541
5 Sep 2025₹539₹551₹540
26 Sep 2025₹521₹544₹540
17 Oct 2025₹545₹539₹539
7 Nov 2025₹531₹540₹539
28 Nov 2025₹565₹555₹544
19 Dec 2025₹538₹550₹544
9 Jan 2026₹514₹542₹542
1 Feb 2026₹463₹523₹537
20 Feb 2026₹455₹496₹527
13 Mar 2026₹408₹472₹516
2 Apr 2026₹422₹450₹504
24 Apr 2026₹460₹455₹498
15 May 2026₹533₹471₹497
4 Jun 2026₹494₹486₹499
10 Jun 2026₹517₹488₹499
19 Jun 2026₹551₹495₹500
1 Jul 2026₹515₹504₹502
17 Jul 2026₹494₹503₹502
7 Aug 2026₹531₹509₹504
28 Aug 2026₹494₹517₹507
18 Sep 2026₹459₹497₹503
9 Oct 2026₹472₹481₹497
30 Oct 2026₹465₹475₹493
4 Nov 2026₹485₹475₹493
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Sideways from Oct 2025 to Dec 2025; Rising from Dec 2025 to Jan 2026; Falling from Feb 2026 to Jul 2026; Rising from Jul 2026 to Sep 2026; Falling in Oct 2026.

Price stage: Rising from Nov 2023 to Mar 2024; Sideways in Apr 2024; Falling from Apr 2024 to Sep 2024; Rising from Sep 2024 to Nov 2024; Falling from Nov 2024 to May 2025; Rising from May 2025 to Sep 2025; Sideways from Oct 2025 to Dec 2025; Rising from Dec 2025 to Jan 2026; Falling from Feb 2026 to Jul 2026; Rising from Jul 2026 to Sep 2026; Falling in Oct 2026.

Price stage: Rising from Oct 2021 to Jan 2022; Falling from Feb 2022 to Jun 2023; Rising from Jun 2023 to Apr 2024; Falling from Apr 2024 to Sep 2024; Rising from Sep 2024 to Nov 2024; Falling from Dec 2024 to May 2025; Rising from May 2025 to Sep 2025; Sideways from Oct 2025 to Jan 2026; Falling from Feb 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Dec 2016; Falling from Jan 2017 to Mar 2017; Rising from Mar 2017 to Jan 2022; Falling from Feb 2022 to Jun 2023; Rising from Jun 2023 to Apr 2024; Falling from May 2024 to Sep 2024; Rising from Oct 2024 to Nov 2024; Falling from Dec 2024 to May 2025; Rising from May 2025 to Sep 2025; Sideways from Oct 2025 to Jan 2026; Falling from Feb 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 253 of 550 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+9.9%
17 Jun 2016+22.0%
24 Jun 2016+14.3%
1 Jul 2016+2.5%
8 Jul 2016+9.9%
15 Jul 2016+15.3%
22 Jul 2016+20.7%
29 Jul 2016+17.8%
5 Aug 2016+15.6%
12 Aug 2016−1.2%
19 Aug 2016+12.5%
26 Aug 2016+11.5%
2 Sep 2016+16.7%
9 Sep 2016+23.5%
16 Sep 2016+18.7%
23 Sep 2016+21.5%
30 Sep 2016+24.9%
7 Oct 2016+19.6%
14 Oct 2016+14.4%
21 Oct 2016+9.4%
30 Oct 2016+8.4%
4 Nov 2016+8.6%
11 Nov 2016+0.8%
18 Nov 2016−17.8%
25 Nov 2016−6.7%
2 Dec 2016−4.4%
9 Dec 2016−12.0%
16 Dec 2016−16.0%
23 Dec 2016−13.3%
30 Dec 2016−12.3%
6 Jan 2017−12.8%
13 Jan 2017−15.9%
20 Jan 2017−19.3%
27 Jan 2017−22.0%
3 Feb 2017−19.2%
10 Feb 2017−1.9%
17 Feb 2017+7.6%
23 Feb 2017−4.5%
3 Mar 2017−10.7%
10 Mar 2017−10.6%
17 Mar 2017+1.3%
24 Mar 2017−3.2%
31 Mar 2017−0.2%
7 Apr 2017−3.6%
13 Apr 2017+0.0%
21 Apr 2017+6.6%
28 Apr 2017+14.3%
5 May 2017+6.8%
12 May 2017+0.1%
19 May 2017+5.6%
26 May 2017+3.8%
2 Jun 2017+3.5%
9 Jun 2017+5.2%
16 Jun 2017+0.2%
23 Jun 2017+3.2%
30 Jun 2017−2.7%
7 Jul 2017−3.2%
14 Jul 2017−0.8%
21 Jul 2017−4.2%
28 Jul 2017−10.6%
4 Aug 2017−10.6%
11 Aug 2017−9.9%
18 Aug 2017−8.8%
24 Aug 2017−10.5%
1 Sep 2017−5.1%
8 Sep 2017−3.3%
15 Sep 2017−0.3%
22 Sep 2017+0.1%
29 Sep 2017−3.5%
6 Oct 2017+2.8%
13 Oct 2017−2.5%
19 Oct 2017+0.2%
27 Oct 2017+3.6%
3 Nov 2017+2.6%
10 Nov 2017+1.9%
17 Nov 2017−0.6%
24 Nov 2017+0.1%
1 Dec 2017−0.4%
8 Dec 2017−4.4%
15 Dec 2017−9.9%
22 Dec 2017−7.9%
29 Dec 2017+3.3%
5 Jan 2018−6.2%
12 Jan 2018−3.6%
19 Jan 2018−14.5%
25 Jan 2018−12.4%
2 Feb 2018−6.4%
9 Feb 2018−6.1%
16 Feb 2018−3.1%
23 Feb 2018−4.5%
1 Mar 2018−3.6%
9 Mar 2018−2.4%
16 Mar 2018+5.1%
23 Mar 2018−1.0%
28 Mar 2018−1.3%
6 Apr 2018+3.8%
13 Apr 2018+5.8%
20 Apr 2018+14.0%
27 Apr 2018+13.1%
4 May 2018+7.7%
11 May 2018+12.3%
18 May 2018+14.4%
25 May 2018+20.7%
1 Jun 2018+14.9%
8 Jun 2018+12.9%
15 Jun 2018+11.7%
22 Jun 2018+15.1%
29 Jun 2018+7.0%
6 Jul 2018+10.5%
13 Jul 2018+10.6%
20 Jul 2018+14.3%
27 Jul 2018+11.8%
3 Aug 2018+12.2%
10 Aug 2018+14.2%
17 Aug 2018+10.4%
24 Aug 2018+5.6%
31 Aug 2018+9.5%
7 Sep 2018+7.8%
14 Sep 2018+4.0%
21 Sep 2018+3.7%
28 Sep 2018+5.8%
5 Oct 2018−3.3%
12 Oct 2018+0.2%
19 Oct 2018+0.9%
26 Oct 2018−2.1%
2 Nov 2018+5.3%
9 Nov 2018+2.5%
16 Nov 2018+4.3%
22 Nov 2018+3.2%
30 Nov 2018+3.1%
7 Dec 2018+5.0%
14 Dec 2018+6.9%
21 Dec 2018+12.6%
28 Dec 2018+12.1%
4 Jan 2019+16.3%
11 Jan 2019+10.0%
18 Jan 2019+9.1%
25 Jan 2019+9.6%
1 Feb 2019+4.8%
8 Feb 2019+0.5%
15 Feb 2019−6.7%
22 Feb 2019−5.8%
1 Mar 2019−7.7%
8 Mar 2019−7.5%
15 Mar 2019−7.6%
22 Mar 2019−10.0%
29 Mar 2019−8.0%
5 Apr 2019−2.0%
12 Apr 2019−6.1%
18 Apr 2019−5.8%
26 Apr 2019−6.9%
3 May 2019−6.6%
10 May 2019−5.7%
17 May 2019−5.9%
24 May 2019−3.5%
31 May 2019+2.3%
7 Jun 2019+4.7%
14 Jun 2019+6.2%
21 Jun 2019−0.8%
28 Jun 2019−3.0%
5 Jul 2019−3.9%
12 Jul 2019−3.0%
19 Jul 2019−0.7%
26 Jul 2019+8.9%
2 Aug 2019+12.4%
9 Aug 2019+21.2%
16 Aug 2019+29.5%
23 Aug 2019+25.2%
30 Aug 2019+22.3%
6 Sep 2019+19.2%
13 Sep 2019+19.2%
20 Sep 2019+29.3%
27 Sep 2019+44.4%
4 Oct 2019+37.9%
11 Oct 2019+57.2%
18 Oct 2019+58.2%
27 Oct 2019+41.9%
1 Nov 2019+42.3%
8 Nov 2019+27.7%
15 Nov 2019+23.3%
22 Nov 2019+21.7%
29 Nov 2019+23.8%
6 Dec 2019+30.5%
13 Dec 2019+24.8%
20 Dec 2019+21.2%
27 Dec 2019+9.5%
3 Jan 2020+13.3%
10 Jan 2020−1.5%
17 Jan 2020+7.7%
24 Jan 2020+11.3%
1 Feb 2020+5.5%
7 Feb 2020+13.4%
14 Feb 2020+16.6%
20 Feb 2020+22.0%
28 Feb 2020+19.5%
6 Mar 2020+17.5%
13 Mar 2020+20.5%
20 Mar 2020+20.8%
27 Mar 2020+26.0%
3 Apr 2020+14.9%
9 Apr 2020+19.8%
17 Apr 2020+15.8%
24 Apr 2020+14.9%
30 Apr 2020+16.6%
8 May 2020+3.4%
15 May 2020+3.3%
22 May 2020+0.9%
29 May 2020−1.8%
5 Jun 2020−0.8%
12 Jun 2020−6.6%
19 Jun 2020−15.3%
26 Jun 2020−21.3%
3 Jul 2020−10.4%
10 Jul 2020−13.2%
17 Jul 2020−19.5%
24 Jul 2020−15.8%
31 Jul 2020−16.4%
7 Aug 2020+0.8%
14 Aug 2020−4.7%
21 Aug 2020−2.0%
28 Aug 2020−1.3%
4 Sep 2020−4.0%
11 Sep 2020−4.2%
18 Sep 2020+7.4%
25 Sep 2020+4.8%
1 Oct 2020+7.4%
9 Oct 2020+8.5%
16 Oct 2020+8.5%
23 Oct 2020+10.4%
30 Oct 2020+10.9%
6 Nov 2020+5.5%
14 Nov 2020+6.0%
20 Nov 2020+2.9%
27 Nov 2020+0.7%
4 Dec 2020+1.3%
11 Dec 2020+0.8%
18 Dec 2020+0.6%
24 Dec 2020+2.3%
1 Jan 2021+8.3%
8 Jan 2021+11.2%
15 Jan 2021+5.1%
22 Jan 2021+7.0%
29 Jan 2021−11.2%
5 Feb 2021−7.8%
12 Feb 2021−0.8%
19 Feb 2021−2.5%
26 Feb 2021−12.6%
5 Mar 2021−4.8%
12 Mar 2021−2.9%
19 Mar 2021−6.5%
26 Mar 2021−3.0%
1 Apr 2021−6.7%
9 Apr 2021−8.4%
16 Apr 2021−5.2%
23 Apr 2021−16.7%
30 Apr 2021−2.4%
7 May 2021−2.7%
14 May 2021−4.0%
21 May 2021+2.1%
28 May 2021+14.0%
4 Jun 2021+3.6%
11 Jun 2021+2.7%
18 Jun 2021+3.7%
25 Jun 2021−3.3%
2 Jul 2021−3.6%
9 Jul 2021+0.1%
16 Jul 2021+2.8%
23 Jul 2021+11.9%
30 Jul 2021+7.3%
6 Aug 2021+5.0%
13 Aug 2021−2.3%
20 Aug 2021−4.6%
27 Aug 2021−11.7%
3 Sep 2021−6.1%
9 Sep 2021−7.4%
17 Sep 2021−12.5%
24 Sep 2021−7.8%
1 Oct 2021−10.6%
8 Oct 2021−16.1%
14 Oct 2021−16.0%
22 Oct 2021−27.8%
29 Oct 2021−21.5%
4 Nov 2021−19.7%
12 Nov 2021−11.7%
18 Nov 2021−10.6%
26 Nov 2021−4.6%
3 Dec 2021−14.0%
10 Dec 2021−8.4%
17 Dec 2021−5.7%
24 Dec 2021−10.3%
31 Dec 2021−6.5%
7 Jan 2022−5.0%
14 Jan 2022−7.4%
21 Jan 2022+5.3%
28 Jan 2022−2.1%
4 Feb 2022−0.4%
11 Feb 2022−5.3%
18 Feb 2022−2.8%
25 Feb 2022−6.1%
4 Mar 2022−3.3%
11 Mar 2022−7.8%
17 Mar 2022−5.1%
25 Mar 2022−7.3%
1 Apr 2022−7.3%
8 Apr 2022−3.7%
13 Apr 2022−2.1%
22 Apr 2022−3.3%
29 Apr 2022+4.7%
6 May 2022−1.0%
13 May 2022−2.7%
20 May 2022−8.2%
27 May 2022−15.3%
3 Jun 2022−6.1%
10 Jun 2022−6.9%
17 Jun 2022−10.7%
24 Jun 2022−3.8%
1 Jul 2022−7.1%
8 Jul 2022−11.0%
15 Jul 2022−16.2%
22 Jul 2022−14.4%
29 Jul 2022−16.4%
5 Aug 2022−7.8%
12 Aug 2022−7.5%
19 Aug 2022−0.8%
26 Aug 2022+5.9%
2 Sep 2022−0.6%
9 Sep 2022−2.5%
16 Sep 2022−3.8%
23 Sep 2022−2.3%
30 Sep 2022−3.8%
7 Oct 2022−1.1%
14 Oct 2022+0.4%
21 Oct 2022−7.0%
28 Oct 2022−12.1%
4 Nov 2022−14.2%
11 Nov 2022−13.4%
18 Nov 2022−16.0%
25 Nov 2022−10.6%
2 Dec 2022−11.3%
9 Dec 2022−9.5%
16 Dec 2022−8.0%
23 Dec 2022−14.7%
30 Dec 2022−8.6%
6 Jan 2023−12.4%
13 Jan 2023−10.8%
20 Jan 2023−4.9%
27 Jan 2023−2.0%
3 Feb 2023−4.1%
10 Feb 2023−0.5%
17 Feb 2023−0.4%
24 Feb 2023−1.5%
3 Mar 2023+0.1%
10 Mar 2023+6.1%
17 Mar 2023+6.6%
24 Mar 2023+6.7%
31 Mar 2023+4.5%
6 Apr 2023+7.4%
13 Apr 2023+6.9%
21 Apr 2023+6.1%
28 Apr 2023+10.2%
5 May 2023+7.6%
12 May 2023+8.3%
19 May 2023+4.4%
26 May 2023+8.4%
2 Jun 2023+5.1%
9 Jun 2023−2.4%
16 Jun 2023+1.2%
23 Jun 2023+4.3%
30 Jun 2023+3.7%
7 Jul 2023+1.3%
14 Jul 2023+1.4%
21 Jul 2023+5.0%
28 Jul 2023+1.0%
4 Aug 2023+4.2%
11 Aug 2023+1.3%
18 Aug 2023+3.6%
25 Aug 2023+1.2%
1 Sep 2023+2.3%
8 Sep 2023+1.7%
15 Sep 2023−0.6%
22 Sep 2023+12.3%
29 Sep 2023−2.5%
6 Oct 2023−3.8%
13 Oct 2023−0.2%
20 Oct 2023+2.7%
27 Oct 2023−4.3%
3 Nov 2023−7.3%
12 Nov 2023−5.5%
17 Nov 2023−4.0%
24 Nov 2023−7.8%
1 Dec 2023−10.4%
8 Dec 2023−10.1%
15 Dec 2023−9.9%
22 Dec 2023−24.1%
29 Dec 2023−6.8%
5 Jan 2024−6.6%
12 Jan 2024−7.5%
20 Jan 2024−17.6%
25 Jan 2024−15.2%
2 Feb 2024−13.5%
9 Feb 2024−17.3%
16 Feb 2024−18.4%
23 Feb 2024−12.1%
2 Mar 2024−4.0%
7 Mar 2024−5.7%
15 Mar 2024−9.3%
22 Mar 2024−8.4%
28 Mar 2024−11.6%
5 Apr 2024−12.9%
12 Apr 2024−11.4%
19 Apr 2024−18.9%
26 Apr 2024−15.3%
3 May 2024−11.1%
10 May 2024−15.6%
18 May 2024−17.7%
24 May 2024−20.9%
31 May 2024−29.6%
7 Jun 2024−27.6%
14 Jun 2024−23.1%
21 Jun 2024−21.8%
28 Jun 2024−22.9%
5 Jul 2024−18.4%
12 Jul 2024−19.1%
19 Jul 2024−6.8%
26 Jul 2024−4.3%
2 Aug 2024−5.2%
9 Aug 2024−0.9%
16 Aug 2024+1.2%
23 Aug 2024+4.9%
30 Aug 2024+11.3%
6 Sep 2024+16.4%
13 Sep 2024+16.3%
20 Sep 2024+15.4%
27 Sep 2024+16.3%
4 Oct 2024+9.5%
11 Oct 2024+6.6%
18 Oct 2024+6.6%
25 Oct 2024+2.3%
1 Nov 2024−4.2%
8 Nov 2024−1.8%
14 Nov 2024−4.7%
22 Nov 2024−11.9%
29 Nov 2024−10.8%
6 Dec 2024−18.7%
13 Dec 2024−19.7%
20 Dec 2024−20.5%
27 Dec 2024−20.6%
3 Jan 2025−14.8%
10 Jan 2025−10.4%
17 Jan 2025−9.4%
24 Jan 2025−4.0%
1 Feb 2025−2.0%
7 Feb 2025−0.3%
14 Feb 2025+3.0%
21 Feb 2025+13.2%
28 Feb 2025+11.3%
7 Mar 2025+19.3%
13 Mar 2025+11.8%
21 Mar 2025+17.5%
28 Mar 2025+18.1%
4 Apr 2025+20.3%
11 Apr 2025+15.8%
17 Apr 2025+12.0%
25 Apr 2025+11.4%
2 May 2025+9.1%
9 May 2025+4.3%
16 May 2025+10.8%
23 May 2025+1.4%
30 May 2025+3.7%
6 Jun 2025−1.0%
13 Jun 2025+6.9%
20 Jun 2025−2.4%
27 Jun 2025+6.0%
4 Jul 2025+0.7%
11 Jul 2025−1.7%
18 Jul 2025+0.8%
25 Jul 2025−3.6%
1 Aug 2025+1.6%
8 Aug 2025+1.8%
14 Aug 2025−9.2%
22 Aug 2025−5.0%
29 Aug 2025−6.5%
5 Sep 2025−6.2%
12 Sep 2025−7.7%
19 Sep 2025−0.3%
26 Sep 2025−8.1%
3 Oct 2025−7.1%
10 Oct 2025−6.1%
17 Oct 2025−6.9%
24 Oct 2025−6.2%
31 Oct 2025−8.8%
7 Nov 2025−8.6%
14 Nov 2025+5.3%
21 Nov 2025+4.8%
28 Nov 2025+2.2%
5 Dec 2025+1.5%
12 Dec 2025+0.1%
19 Dec 2025−1.7%
26 Dec 2025−0.2%
2 Jan 2026−7.3%
9 Jan 2026−4.3%
16 Jan 2026−0.7%
23 Jan 2026−3.9%
1 Feb 2026−13.6%
6 Feb 2026−10.8%
13 Feb 2026−19.2%
20 Feb 2026−19.1%
27 Feb 2026−13.7%
6 Mar 2026−16.6%
13 Mar 2026−17.9%
20 Mar 2026−12.6%
27 Mar 2026−11.2%
2 Apr 2026−11.6%
10 Apr 2026−8.0%
17 Apr 2026−10.5%
24 Apr 2026−7.8%
30 Apr 2026+3.5%
8 May 2026+14.4%
15 May 2026+20.2%
22 May 2026+13.2%
29 May 2026+8.7%
4 Jun 2026+12.3%
5 Jun 2026+17.7%
9 Jun 2026+15.2%
10 Jun 2026+16.7%
12 Jun 2026+19.9%
17 Jun 2026+10.3%
19 Jun 2026+16.9%
24 Jun 2026+14.2%
25 Jun 2026+13.9%
1 Jul 2026−3.5%
3 Jul 2026−6.0%
10 Jul 2026−3.9%
17 Jul 2026−4.4%
24 Jul 2026−1.2%
31 Jul 2026+1.7%
7 Aug 2026+0.8%
14 Aug 2026+1.1%
21 Aug 2026−2.3%
28 Aug 2026−5.1%
4 Sep 2026−12.4%
11 Sep 2026−12.6%
18 Sep 2026−13.7%
25 Sep 2026−8.1%
1 Oct 2026−6.7%
9 Oct 2026+1.2%
16 Oct 2026+0.6%
23 Oct 2026+0.1%
30 Oct 2026−4.0%
4 Nov 2026−0.9%
Each bar is one week, from 2016 to now (550 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +244% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Berger Paints this quarter?

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), highest quarterly profit in 15 quarters and highest quarterly revenue in 15 quarters.

  1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

    In the June 2026 quarter revenue was ₹3,584 crore, +12% on a year earlier.

    Why: Revenue rose because decorative paint sales did well, helped by price increases, premium products, stronger exterior paint demand and more retail reach.

    Next results: check whether delayed industrial price increases start showing up in Q2 revenue.

    From the earnings call on 5 Aug 2026.

  2. Highest quarterly profit in 15 quarters

    Profit of ₹405 crore in the June 2026 quarter is the highest of the last 15 quarters.

    Why: Profit rose because the decorative paint business sold more and kept more of each rupee after costs, with its main-business profit up nearly 20%.

    Next results: check whether Q2 operating profit is better year on year.

    From the earnings call on 5 Aug 2026.

  3. Highest quarterly revenue in 15 quarters

    Revenue of ₹3,584 crore in the June 2026 quarter is the highest of the last 15 quarters.

What are Berger Paints' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Berger Paints reported revenue of ₹3,584 crore, up 12.0% from ₹3,201 crore a year earlier, and a profit of ₹405 crore, up 28.6% from ₹315 crore.

Berger Paints results: April to June 2026 against a year earlier

Berger Paints results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹3,584 crore₹3,201 crore+12.0%
Profit₹405 crore₹315 crore+28.6%
Earnings per share₹3.47₹2.70+28.5%
Operating margin17.0%17.0%0.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Berger Paints' management discussed these results on a call held on 5 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Berger Paints share price history?

Berger Paints closed at ₹485.10 on 4 November 2026, down 8.7% from ₹531.05 a year earlier (7 November 2025) and down 23.7% over five years. Its highest weekly close since March 2016 was ₹711.87 on 23 July 2021.

Berger Paints share price: then and now

Berger Paints share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹465.10+4.3%
1 month ago · 1 Oct 2026₹452.40+7.2%
6 months ago · 8 May 2026₹515.75−5.9%
1 year ago · 7 Nov 2025₹531.05−8.7%
3 years ago · 3 Nov 2023₹553.15−12.3%
5 years ago · 4 Nov 2021₹635.83−23.7%
10 years ago · 4 Nov 2016₹216.46+124.1%
Earliest weekly close in our records · 11 Mar 2016₹141.19+243.6%
Highest weekly close since March 2016 · 23 Jul 2021₹711.87−31.9%
Lowest weekly close since March 2016 · 18 Mar 2016₹134.29+261.2%
52-week high (weekly close) · 14 Nov 2025₹579.55−16.3%
52-week low (weekly close) · 13 Mar 2026₹407.80+19.0%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Berger Paints?

4 Nov 2026: Berger Paints closed at ₹485.10, up 4.3% on the week and up 7.2% on the month. 5 Aug 2026: ex-date for a dividend of ₹4 a share.

Earlier

  • 5 Aug 2026: Berger Paints held its results call for April to June 2026. Management guided: FY27 standalone and consolidated operating margins expected within 15%-17%.
  • Results for April to June 2026: Revenue up 12.0% and profit up 28.6% on a year earlier.

What dividend does Berger Paints pay?

Berger Paints paid ₹4 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.82% at the ₹485.10 close on 4 November 2026. The last was a dividend of ₹4 a share, ex-date 5 August 2026.

Berger Paints dividends since 1 April 2021

Berger Paints dividends since 1 April 2021
Ex-dateDividend per shareType
5 Aug 2026Dividend₹4Dividend
5 Aug 2025Dividend₹3.80Dividend
5 Aug 2024Dividend₹3.50Dividend
4 Aug 2023Dividend₹3.20Dividend
18 Aug 2022Dividend₹3.10Dividend
18 Aug 2021Dividend₹2.80Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Berger Paints India Ltd paid out 41% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What did Berger Paints management say on the latest results call?

On the call for April to June 2026, held on 5 August 2026, Berger Paints' management guided: FY27 standalone and consolidated operating margins expected within 15%-17%.

“If raw material prices hold at these levels and selling prices do not subsequently decline, then, of course, the operating margin could expand.”Abhijit Roy, Managing Director & CEO, on the call for April to June 2026

What management guided

  • Q2 revenue growth slightly ahead of Q1 and operating profit better year on year.
  • Q2 volume growth approximately 7.5%-8%; price-increase impact approximately 7.5%-8.5%.
  • Full-year volume growth expected to remain high single digit, with pricing absorbed.
  • Annual tinting-machine installations planned at 10,000 or more.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 5 August 2026.

What to watch in Berger Paints' next results?

When Berger Paints reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Industrial price pass-through to show in Q2 revenue and gross margin - check protective, GI and powder-coatings performance.

Berger Paints: what to watch next quarter
What to check (from the call)
Industrial price pass-through to show in Q2 revenue and gross margin - check protective, GI and powder-coatings performance.
Bolix seasonality and STP normalization to support consolidated growth - check subsidiary revenue and profitability in Q2.
Panagarh commencement by fiscal year-end - check capital spending phasing and construction progress against management's timeline.

Which stock lists is Berger Paints on?

Berger Paints is on one of our India lists: Small & mid cap stocks.

Is Berger Paints profitable?

Berger Paints India Ltd earned ₹405 Cr of net profit in the Jun 2026 quarter, +28.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹1,128 Cr. Over 10 years profit has grown 11.8% a year on average. That is 11.3% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹315 Cr.

For the full year, FY26 profit was ₹1,128 Cr (−4.6% on the year before).

FY26 profit ₹1,128 Cr (−4.6% on the year before), 11.8% a year over 10 years

  • Net profit ₹1,128
FY26 profit ₹1,128 Cr (−4.6% on the year before), 11.8% a year over 10 years
QuarterNet profit
FY16₹371
FY17₹474
FY18₹461
FY19₹494
FY20₹656
FY21₹720
FY22₹833
FY23₹860
FY24₹1,170
FY25₹1,183
FY26₹1,128

Growth on a year earlier

  • Growth on a year earlier −4.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1640%
FY1727.8%
FY18−2.7%
FY197.2%
FY2032.8%
FY219.8%
FY2215.7%
FY233.2%
FY2436%
FY251.1%
FY26−4.6%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹405 Cr (+28.6% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹405
Jun 2026: ₹405 Cr (+28.6% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023₹292
Dec 2023₹300
Mar 2024₹223
Jun 2024₹354
Sep 2024₹270
Dec 2024₹296
Mar 2025₹263
Jun 2025₹315
Sep 2025₹206
Dec 2025₹271
Mar 2026₹335
Jun 2026₹405

Growth on a year earlier

  • Growth on a year earlier 28.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202333.3%
Dec 202349.3%
Mar 202419.9%
Jun 2024−0.3%
Sep 2024−7.5%
Dec 2024−1.3%
Mar 202517.9%
Jun 2025−11%
Sep 2025−23.7%
Dec 2025−8.4%
Mar 202627.4%
Jun 202628.6%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +12.0% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +6.0% and revenue +5.1%. Profit and revenue are moving at about the same pace.

How much revenue does Berger Paints make, and is it growing?

Berger Paints India Ltd reported ₹3,584 Cr of revenue in the Jun 2026 quarter, +12.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 10.9% a year on average. The last full year, FY26, came in at ₹11,880 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹12,263 Cr.

FY26 revenue was ₹11,880 Cr, +2.9% on the year before.

FY26 revenue ₹11,880 Cr (+2.9% on the year before), 10.9% a year over 10 years

  • Revenue ₹11,880
FY26 revenue ₹11,880 Cr (+2.9% on the year before), 10.9% a year over 10 years
QuarterRevenue
FY16₹4,223
FY17₹4,552
FY18₹5,166
FY19₹6,062
FY20₹6,366
FY21₹6,818
FY22₹8,762
FY23₹10,568
FY24₹11,199
FY25₹11,545
FY26₹11,880

Growth on a year earlier

  • Growth on a year earlier 2.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY161.3%
FY177.8%
FY1813.5%
FY1917.3%
FY205%
FY217.1%
FY2228.5%
FY2320.6%
FY246%
FY253.1%
FY262.9%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹3,584 Cr (+12.0% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹3,584
Jun 2026: ₹3,584 Cr (+12.0% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹2,767
Dec 2023₹2,882
Mar 2024₹2,520
Jun 2024₹3,091
Sep 2024₹2,775
Dec 2024₹2,975
Mar 2025₹2,704
Jun 2025₹3,201
Sep 2025₹2,827
Dec 2025₹2,984
Mar 2026₹2,868
Jun 2026₹3,584

Growth on a year earlier

  • Growth on a year earlier 12%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20233.6%
Dec 20237%
Mar 20243.1%
Jun 20242%
Sep 20240.3%
Dec 20243.2%
Mar 20257.3%
Jun 20253.6%
Sep 20251.9%
Dec 20250.3%
Mar 20266.1%
Jun 202612%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +5.1% on average, against 10.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +5.2%, against +4.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +6.4%, against +2.0% a year (accelerating).

How much of every ₹100 of sales does Berger Paints keep?

Berger Paints India Ltd's operating margin was 17.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 12.0% and 17.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.4 percentage points on the year while gross margin changed −0.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 15.0%, within a range of 12.0% to 17.0% over 13 years

  • Operating margin 15.0%
FY26: 15.0%, within a range of 12.0% to 17.0% over 13 years
QuarterOperating margin
FY1412%
FY1512%
FY1615%
FY1716%
FY1816%
FY1915%
FY2017%
FY2117%
FY2215%
FY2314%
FY2417%
FY2516%
FY2615%

Change on the year before (points)

  • Change on the year before (points) −1.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY150.0 pts
FY16+3.0 pts
FY17+1.0 pts
FY180.0 pts
FY19−1.0 pts
FY20+2.0 pts
FY210.0 pts
FY22−2.0 pts
FY23−1.0 pts
FY24+3.0 pts
FY25−1.0 pts
FY26−1.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 17.0% (+0.0 points on a year earlier)

  • Operating margin 17.0%
Jun 2026: operating margin 17.0% (+0.0 points on a year earlier)
QuarterOperating margin
Sep 202317%
Dec 202317%
Mar 202414%
Jun 202417%
Sep 202416%
Dec 202416%
Mar 202516%
Jun 202517%
Sep 202512%
Dec 202516%
Mar 202617%
Jun 202617%

Change on a year earlier (points)

  • Change on a year earlier (points) 0.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023+4.0 pts
Mar 20240.0 pts
Jun 2024−1.0 pts
Sep 2024−1.0 pts
Dec 2024−1.0 pts
Mar 2025+2.0 pts
Jun 20250.0 pts
Sep 2025−4.0 pts
Dec 20250.0 pts
Mar 2026+1.0 pts
Jun 20260.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Berger Paints' profit turning into cash?

Over the last 3 years, 126% of Berger Paints India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,540 Cr of operating cash against ₹1,128 Cr of profit. After ₹747 Cr of spending on assets, ₹793 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹1,540 Cr against profit ₹1,128 Cr; 126% of 3 years' profit came in as cash

  • Operating cash ₹1,540
  • Net profit ₹1,128
  • Free cash ₹793
FY26: operating cash ₹1,540 Cr against profit ₹1,128 Cr; 126% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹595₹371₹513
FY17₹394₹474₹102
FY18₹422₹461₹132
FY19₹611₹494₹40
FY20₹725₹656₹193
FY21₹796₹720₹528
FY22₹566₹833−₹303
FY23₹976₹860₹62
FY24₹1,591₹1,170₹1,014
FY25₹1,269₹1,183₹802
FY26₹1,540₹1,128₹793
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 137% of profit (126% over three years)

  • Operating cash as % of profit 137%
  • Break-even line 100%
FY26: operating cash was 137% of profit (126% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16160%100%
FY1783%100%
FY1892%100%
FY19124%100%
FY20111%100%
FY21111%100%
FY2268%100%
FY23113%100%
FY24136%100%
FY25107%100%
FY26137%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 126% of profit came in as cash: the cash cycle got 20 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Where does Berger Paints' cash go?

Berger Paints India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 87 days in FY26, up from 67 days in FY21. It spent ₹1,791 Cr on assets over the last 3 years. Customers take 48 days to pay, and stock sits for 144 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹11,880 Cr, each day of that cycle ties up about ₹32.5 Cr, so roughly ₹2,832 Cr is tied up in the business at any time.

FY26: customers took 48 days to pay and stock sat for 144 days, about 4.7 months of sales sitting as stock, for a full cycle of 87 days, longer than FY21's 67.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 144 days. Customers pay about 48 days after that. Suppliers are paid at 105 days. Together that makes the 87-day cycle.

FY26: a 87-day cash cycle, +20 days compared with FY21

  • Cash cycle 87d
  • Inventory days 144d
  • Debtor days 48d
  • Payable days 105d
FY26: a 87-day cash cycle, +20 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1474d122d48d95d
FY1570d104d47d81d
FY1656d108d47d99d
FY1775d153d46d124d
FY1856d140d49d133d
FY1967d138d40d112d
FY2065d142d41d118d
FY2167d174d55d161d
FY2283d178d44d139d
FY2377d142d43d108d
FY2473d134d42d103d
FY2586d143d49d105d
FY2687d144d48d105d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹1,791 Cr over the last 3 years, against ₹1,077 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹316 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹747 Cr, work in progress ₹316 Cr, a build-out

  • Capex ₹747
  • Work-in-progress ₹316
FY26: capex ₹747 Cr, work in progress ₹316 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹82₹51
FY17₹292₹62
FY18₹290₹97
FY19₹571₹170
FY20₹532₹178
FY21₹268₹107
FY22₹869₹606
FY23₹914₹111
FY24₹577₹189
FY25₹467₹125
FY26₹747₹316
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Berger Paints' P/E ratio, and how does it compare with its own history?

Berger Paints India Ltd's P/E is 46.1×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 60.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 46.1× against a usual 60.9×: near the low end of its own history: it has been lower only 4% of the time

  • P/E 44.1×
  • Median 60.9×
P/E 46.1× against a usual 60.9×: near the low end of its own history: it has been lower only 4% of the time
WeekP/EMedian
11 Mar 201648.9×60.9×
1 Apr 201645.8×60.9×
22 Apr 201647.5×60.9×
13 May 201654.0×60.9×
3 Jun 201653.3×60.9×
24 Jun 201652.3×60.9×
15 Jul 201652.6×60.9×
5 Aug 201656.5×60.9×
26 Aug 201659.0×60.9×
16 Sep 201662.5×60.9×
7 Oct 201659.2×60.9×
30 Oct 201657.9×60.9×
18 Nov 201641.9×60.9×
9 Dec 201649.3×60.9×
30 Dec 201647.1×60.9×
20 Jan 201747.4×60.9×
10 Feb 201751.7×60.9×
3 Mar 201750.7×60.9×
24 Mar 201751.4×60.9×
13 Apr 201751.5×60.9×
5 May 201756.5×60.9×
26 May 201756.3×60.9×
16 Jun 201754.7×60.9×
7 Jul 201754.4×60.9×
28 Jul 201755.8×60.9×
18 Aug 201753.4×60.9×
8 Sep 201756.9×60.9×
29 Sep 201754.4×60.9×
19 Oct 201758.0×60.9×
10 Nov 201755.8×60.9×
1 Dec 201756.7×60.9×
22 Dec 201757.5×60.9×
12 Jan 201859.1×60.9×
2 Feb 201854.6×60.9×
23 Feb 201851.9×60.9×
16 Mar 201853.3×60.9×
6 Apr 201856.0×60.9×
27 Apr 201859.0×60.9×
18 May 201859.2×60.9×
8 Jun 201860.1×60.9×
29 Jun 201859.2×60.9×
20 Jul 201867.0×60.9×
10 Aug 201866.1×60.9×
31 Aug 201867.5×60.9×
21 Sep 201860.7×60.9×
12 Oct 201857.2×60.9×
2 Nov 201860.7×60.9×
22 Nov 201862.6×60.9×
14 Dec 201864.4×60.9×
4 Jan 201964.4×60.9×
25 Jan 201962.6×60.9×
15 Feb 201958.1×60.9×
8 Mar 201960.0×60.9×
29 Mar 201964.2×60.9×
18 Apr 201965.3×60.9×
10 May 201959.8×60.9×
31 May 201964.9×60.9×
21 Jun 201962.4×60.9×
12 Jul 201961.9×60.9×
2 Aug 201966.9×60.9×
23 Aug 201965.7×60.9×
13 Sep 201966.6×60.9×
4 Oct 201976.8×60.9×
27 Oct 201988.5×60.9×
15 Nov 201976.9×60.9×
6 Dec 201979.0×60.9×
27 Dec 201981.2×60.9×
17 Jan 202088.8×60.9×
7 Feb 202083.4×60.9×
28 Feb 202082.8×60.9×
20 Mar 202065.8×60.9×
9 Apr 202069.3×60.9×
30 Apr 202074.3×60.9×
22 May 202066.8×60.9×
12 Jun 202073.3×60.9×
3 Jul 202074.4×60.9×
24 Jul 202077.4×60.9×
14 Aug 2020107.7×60.9×
4 Sep 2020107.9×60.9×
25 Sep 2020113.9×60.9×
16 Oct 2020118.0×60.9×
6 Nov 2020120.8×60.9×
27 Nov 2020120.4×60.9×
18 Dec 2020121.9×60.9×
8 Jan 2021121.9×60.9×
29 Jan 2021121.9×60.9×
19 Feb 2021117.1×60.9×
12 Mar 2021113.3×60.9×
1 Apr 2021120.8×60.9×
23 Apr 2021112.1×60.9×
14 May 2021118.9×60.9×
4 Jun 2021107.5×60.9×
25 Jun 2021108.8×60.9×
16 Jul 2021113.9×60.9×
6 Aug 202195.2×60.9×
27 Aug 202190.3×60.9×
17 Sep 202194.1×60.9×
8 Oct 202195.5×60.9×
29 Oct 202185.2×60.9×
18 Nov 202190.8×60.9×
10 Dec 202187.9×60.9×
31 Dec 202188.9×60.9×
21 Jan 202285.8×60.9×
11 Feb 202285.0×60.9×
4 Mar 202277.3×60.9×
25 Mar 202281.5×60.9×
13 Apr 202285.7×60.9×
6 May 202278.9×60.9×
27 May 202267.1×60.9×
17 Jun 202265.4×60.9×
8 Jul 202268.3×60.9×
29 Jul 202272.9×60.9×
19 Aug 202271.6×60.9×
9 Sep 202268.2×60.9×
30 Sep 202263.4×60.9×
21 Oct 202260.1×60.9×
11 Nov 202261.4×60.9×
2 Dec 202263.3×60.9×
23 Dec 202259.1×60.9×
13 Jan 202357.7×60.9×
3 Feb 202360.6×60.9×
24 Feb 202360.6×60.9×
17 Mar 202364.5×60.9×
6 Apr 202364.9×60.9×
28 Apr 202366.3×60.9×
19 May 202370.7×60.9×
9 Jun 202373.2×60.9×
30 Jun 202376.7×60.9×
21 Jul 202378.0×60.9×
11 Aug 202370.9×60.9×
1 Sep 202372.8×60.9×
22 Sep 202381.2×60.9×
13 Oct 202369.0×60.9×
3 Nov 202362.4×60.9×
24 Nov 202364.8×60.9×
15 Dec 202366.1×60.9×
5 Jan 202467.3×60.9×
25 Jan 202462.6×60.9×
16 Feb 202458.0×60.9×
7 Mar 202459.1×60.9×
28 Mar 202459.0×60.9×
19 Apr 202452.0×60.9×
10 May 202450.5×60.9×
31 May 202445.9×60.9×
21 Jun 202450.1×60.9×
12 Jul 202452.5×60.9×
2 Aug 202455.2×60.9×
23 Aug 202456.5×60.9×
13 Sep 202462.2×60.9×
4 Oct 202457.6×60.9×
25 Oct 202453.6×60.9×
14 Nov 202450.1×60.9×
6 Dec 202448.9×60.9×
27 Dec 202445.0×60.9×
17 Jan 202547.7×60.9×
7 Feb 202548.8×60.9×
28 Feb 202550.0×60.9×
21 Mar 202551.1×60.9×
11 Apr 202554.2×60.9×
2 May 202555.6×60.9×
23 May 202554.8×60.9×
13 Jun 202556.3×60.9×
4 Jul 202558.9×60.9×
25 Jul 202556.1×60.9×
14 Aug 202553.2×60.9×
5 Sep 202553.7×60.9×
26 Sep 202552.0×60.9×
17 Oct 202554.4×60.9×
7 Nov 202556.0×60.9×
28 Nov 202559.5×60.9×
19 Dec 202556.7×60.9×
9 Jan 202654.2×60.9×
1 Feb 202648.8×60.9×
20 Feb 202647.4×60.9×
13 Mar 202642.4×60.9×
2 Apr 202643.9×60.9×
24 Apr 202647.9×60.9×
15 May 202653.4×60.9×
4 Jun 202649.4×60.9×
10 Jun 202651.6×60.9×
19 Jun 202655.1×60.9×
1 Jul 202651.5×60.9×
17 Jul 202649.4×60.9×
7 Aug 202650.4×60.9×
28 Aug 202646.9×60.9×
18 Sep 202643.5×60.9×
9 Oct 202644.8×60.9×
30 Oct 202644.1×60.9×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹11
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹3
22 Apr 2016₹3
13 May 2016₹3
3 Jun 2016₹3
24 Jun 2016₹3
15 Jul 2016₹3
5 Aug 2016₹3
26 Aug 2016₹3
16 Sep 2016₹3
7 Oct 2016₹4
30 Oct 2016₹4
18 Nov 2016₹4
9 Dec 2016₹4
30 Dec 2016₹4
20 Jan 2017₹4
10 Feb 2017₹4
3 Mar 2017₹4
24 Mar 2017₹4
13 Apr 2017₹4
5 May 2017₹4
26 May 2017₹4
16 Jun 2017₹4
7 Jul 2017₹4
28 Jul 2017₹4
18 Aug 2017₹4
8 Sep 2017₹4
29 Sep 2017₹4
19 Oct 2017₹4
10 Nov 2017₹4
1 Dec 2017₹4
22 Dec 2017₹4
12 Jan 2018₹4
2 Feb 2018₹4
23 Feb 2018₹4
16 Mar 2018₹4
6 Apr 2018₹4
27 Apr 2018₹4
18 May 2018₹4
8 Jun 2018₹4
29 Jun 2018₹4
20 Jul 2018₹4
10 Aug 2018₹4
31 Aug 2018₹4
21 Sep 2018₹4
12 Oct 2018₹4
2 Nov 2018₹4
22 Nov 2018₹4
14 Dec 2018₹4
4 Jan 2019₹4
25 Jan 2019₹4
15 Feb 2019₹4
8 Mar 2019₹4
29 Mar 2019₹4
18 Apr 2019₹4
10 May 2019₹4
31 May 2019₹4
21 Jun 2019₹4
12 Jul 2019₹4
2 Aug 2019₹4
23 Aug 2019₹4
13 Sep 2019₹4
4 Oct 2019₹5
27 Oct 2019₹5
15 Nov 2019₹5
6 Dec 2019₹5
27 Dec 2019₹5
17 Jan 2020₹5
7 Feb 2020₹5
28 Feb 2020₹5
20 Mar 2020₹6
9 Apr 2020₹6
30 Apr 2020₹6
22 May 2020₹6
12 Jun 2020₹6
3 Jul 2020₹6
24 Jul 2020₹6
14 Aug 2020₹6
4 Sep 2020₹6
25 Sep 2020₹4
16 Oct 2020₹4
6 Nov 2020₹4
27 Nov 2020₹4
18 Dec 2020₹5
8 Jan 2021₹5
29 Jan 2021₹5
19 Feb 2021₹5
12 Mar 2021₹5
1 Apr 2021₹5
23 Apr 2021₹5
14 May 2021₹5
4 Jun 2021₹5
25 Jun 2021₹6
16 Jul 2021₹6
6 Aug 2021₹6
27 Aug 2021₹6
17 Sep 2021₹7
8 Oct 2021₹7
29 Oct 2021₹7
18 Nov 2021₹7
10 Dec 2021₹7
31 Dec 2021₹7
21 Jan 2022₹7
11 Feb 2022₹7
4 Mar 2022₹7
25 Mar 2022₹7
13 Apr 2022₹7
6 May 2022₹7
27 May 2022₹7
17 Jun 2022₹7
8 Jul 2022₹7
29 Jul 2022₹7
19 Aug 2022₹7
9 Sep 2022₹7
30 Sep 2022₹8
21 Oct 2022₹8
11 Nov 2022₹8
2 Dec 2022₹8
23 Dec 2022₹8
13 Jan 2023₹8
3 Feb 2023₹8
24 Feb 2023₹8
17 Mar 2023₹8
6 Apr 2023₹8
28 Apr 2023₹8
19 May 2023₹8
9 Jun 2023₹8
30 Jun 2023₹7
21 Jul 2023₹7
11 Aug 2023₹7
1 Sep 2023₹7
22 Sep 2023₹8
13 Oct 2023₹8
3 Nov 2023₹8
24 Nov 2023₹8
15 Dec 2023₹8
5 Jan 2024₹9
25 Jan 2024₹9
16 Feb 2024₹9
7 Mar 2024₹9
28 Mar 2024₹10
19 Apr 2024₹10
10 May 2024₹10
31 May 2024₹10
21 Jun 2024₹10
12 Jul 2024₹10
2 Aug 2024₹10
23 Aug 2024₹10
13 Sep 2024₹10
4 Oct 2024₹10
25 Oct 2024₹10
14 Nov 2024₹10
6 Dec 2024₹10
27 Dec 2024₹10
17 Jan 2025₹10
7 Feb 2025₹10
28 Feb 2025₹10
21 Mar 2025₹10
11 Apr 2025₹10
2 May 2025₹10
23 May 2025₹10
13 Jun 2025₹10
4 Jul 2025₹10
25 Jul 2025₹10
14 Aug 2025₹10
5 Sep 2025₹10
26 Sep 2025₹10
17 Oct 2025₹10
7 Nov 2025₹10
28 Nov 2025₹10
19 Dec 2025₹10
9 Jan 2026₹10
1 Feb 2026₹10
20 Feb 2026₹10
13 Mar 2026₹10
2 Apr 2026₹10
24 Apr 2026₹10
15 May 2026₹10
4 Jun 2026₹10
10 Jun 2026₹10
19 Jun 2026₹10
1 Jul 2026₹10
17 Jul 2026₹10
7 Aug 2026₹10
28 Aug 2026₹10
18 Sep 2026₹11
9 Oct 2026₹11
30 Oct 2026₹11
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 122× are drawn at the top edge.

PEG 7.41: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 6.00×
  • PEG = 1.0 1.00×
PEG 7.41: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q2 FY246.00×1.00×
Q3 FY242.35×1.00×
Q4 FY241.59×1.00×
Q1 FY252.33×1.00×
Q2 FY255.75×1.00×
Q3 FY256.00×1.00×
Q4 FY256.00×1.00×
Q1 FY276.00×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 8 quarters; values above 6 are drawn at the top edge.
46.1×P/E · lower than 96% of its last 11 years
3.22PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved −4.5% while the price moved −8.7%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved −5.3% a year; about +7.8% a year came from earnings growth and about −13.1 percentage points from the multiple (the market paying less); over 10 years the price moved +8.4% a year; about +11.0% a year came from earnings growth and about −2.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Berger Paints business getting better or worse?

Berger Paints India Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 23.4%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +2.9% in FY26, profit −4.6%

  • Revenue growth 2.9%
Growth year by year: revenue +2.9% in FY26, profit −4.6%
QuarterRevenue growth
FY161.3%
FY177.8%
FY1813.5%
FY1917.3%
FY205%
FY217.1%
FY2228.5%
FY2320.6%
FY246%
FY253.1%
FY262.9%

Profit growth, EPS growth

  • Profit growth −4.6%
  • EPS growth −4.5%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1640%40.1%
FY1727.8%28%
FY18−2.7%−2.9%
FY197.2%7.3%
FY2032.8%33%
FY219.8%9.4%
FY2215.7%15.7%
FY233.2%3.2%
FY2436%36%
FY251.1%1%
FY26−4.6%−4.5%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit accelerating

  • Revenue 5.2%
Three growth lines over twelve quarters: revenue stabilising, profit accelerating
QuarterRevenue
Sep 20237.5%
Dec 20237.9%
Mar 20246%
Jun 20243.9%
Sep 20243%
Dec 20242.1%
Mar 20253.1%
Jun 20253.5%
Sep 20253.9%
Dec 20253.1%
Mar 20262.9%
Jun 20265.2%

Profit, EPS

  • Profit 6.4%
  • EPS 6.6%
Profit, EPS
QuarterProfitEPS
Sep 20239.3%9%
Dec 202326.7%26.5%
Mar 202436.2%36%
Jun 202421.6%21.6%
Sep 202410.9%11%
Dec 20240.9%0.8%
Mar 20251.1%1%
Jun 2025−2.1%−2.2%
Sep 2025−5.8%−5.8%
Dec 2025−7.7%−7.5%
Mar 2026−4.7%−4.4%
Jun 20266.4%6.6%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 23.4%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202330%
Dec 202332.4%
Mar 202429.8%
Jun 202429.5%
Sep 202427.3%
Dec 202427.2%
Mar 202525.6%
Jun 202524.9%
Sep 202523%
Dec 202522.3%
Mar 202621.7%
Jun 202623.4%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +5.2%, range +2.1% to +7.9%
RisingProfit growth · latest +6.4%, range −7.7% to +36.2%
RisingEPS growth · latest +6.6%, range −7.5% to +36.0%
Steady highROCE · latest 23.4%, range 21.7% to 32.4%

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+2.9%+4.0%+11.7%+10.9%
Profit−4.6%+9.5%+9.4%+11.8%
EPS−4.5%+9.4%+9.4%+11.8%
Share price−8.7%−4.3%−5.3%+8.4%
+12.0%Revenue growth (Jun 2026) · latest quarter against a year ago
+28.6%Profit growth (Jun 2026) · latest quarter against a year ago
10.9%Revenue, 10 years · yearly growth over the long run

How much does Berger Paints earn on its capital?

Berger Paints India Ltd earned a ROCE of 22% in FY26. Its return on capital used (ROIC) is 6.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.5% net margin and 1.18× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 9.5% net margin × 1.18× asset turnover × 1.45× leverage (assets divided by equity) ≈ 16.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 18.6% − 12.0% = +6.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

FY26: ROCE 22%, the full history

  • ROCE 22%
  • ROIC (annual) 18.1%
  • Cost of capital 12%
FY26: ROCE 22%, the full history
QuarterROCEROIC (annual)Cost of capital
FY1424%–12%
FY1525%–12%
FY1630%–12%
FY1731%–12%
FY1829%–12%
FY1927%–12%
FY2028%–12%
FY2127%–12%
FY2226%21.1%12%
FY2324%18.7%12%
FY2428%21.1%12%
FY2525%19.7%12%
FY2622%18.1%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 19.6% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 19.6%
  • ROIC (12 months) 18.1%
  • Cost of capital 12.0%
Q4 FY26: ROCE 19.6% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2427.5%19.4%12%
Q3 FY24–20.2%12%
Q4 FY2425.7%21.6%12%
Q1 FY25–21%12%
Q2 FY2523.4%20.3%12%
Q3 FY25–19.5%12%
Q4 FY2522.5%19.1%12%
Q1 FY26–19.8%12%
Q2 FY2620.7%19.3%12%
Q3 FY26–17.9%12%
Q4 FY2619.6%17.6%12%
Q1 FY27–18.1%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Berger Paints have too much debt?

Berger Paints India Ltd has total debt of ₹635 Cr against shareholder equity of ₹6,930 Cr as of Jun 2026, so its debt is 0.09× its equity, which is very little. Year by year, that ratio went from 0.26 in FY22 to 0.09 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹635 Cr, 0.09× equity

  • Total debt ₹635
FY26: debt ₹635 Cr, 0.09× equity
QuarterTotal debt
FY22₹1,014
FY23₹1,189
FY24₹753
FY25₹670
FY26₹635

Debt-to-equity

  • Debt-to-equity 0.09×
Debt-to-equity
QuarterDebt-to-equity
FY220.26×
FY230.26×
FY240.14×
FY250.11×
FY260.09×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹635 Cr, debt-to-equity 0.09

  • Total debt (quarterly) ₹635
Jun 2026: debt ₹635 Cr, debt-to-equity 0.09
QuarterTotal debt (quarterly)
Sep 2023₹1,154
Dec 2023₹1,154
Mar 2024₹753
Jun 2024₹753
Sep 2024₹797
Dec 2024₹797
Mar 2025₹670
Jun 2025₹670
Sep 2025₹697
Dec 2025₹697
Mar 2026₹635
Jun 2026₹635

Debt-to-equity

  • Debt-to-equity 0.09×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.24×
Dec 20230.24×
Mar 20240.14×
Jun 20240.14×
Sep 20240.14×
Dec 20240.14×
Mar 20250.11×
Jun 20250.11×
Sep 20250.11×
Dec 20250.11×
Mar 20260.09×
Jun 20260.09×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Berger Paints shareholding pattern?

Domestic institutions raised their stake in Berger Paints India Ltd by 2.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 11.7% of the company. Foreign institutions moved −2.0 points over the same period, to 5.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +2.9 points over 8 quarters, to 11.7%; Foreign institutions: −2.0 points over 8 quarters, to 5.0%; Promoters: +0.0 points over 8 quarters, to 75.0%.

Why the owners changed: foreign institutions moved −2.0 points and domestic institutions +2.9 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: domestic institutions +6.5 points from Mar 2024 to Mar 2026

  • Promoters 74.98%
  • Foreign inst. 4.68%
  • Domestic inst. 11.71%
  • Public 8.63%
Year ends: domestic institutions +6.5 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202474.99%10.66%5.17%9.17%
Mar 202574.99%5.75%10.11%9.15%
Mar 202674.98%4.68%11.71%8.63%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 2.9 points over 8 quarters

  • Promoters 74.98%
  • Foreign inst. 4.96%
  • Domestic inst. 11.69%
  • Public 8.38%
Domestic institutions raised their stake by 2.9 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202375%10.89%4.06%10.05%
Dec 202374.99%10.68%4.67%9.65%
Mar 202474.99%10.66%5.17%9.17%
Jun 202474.99%7.51%7.57%9.93%
Sep 202474.99%6.98%8.77%9.24%
Dec 202474.99%5.94%9.6%9.47%
Mar 202574.99%5.75%10.11%9.15%
Jun 202574.99%5.59%10.45%8.97%
Sep 202574.99%5.35%10.71%8.95%
Dec 202574.98%5.25%11.08%8.68%
Mar 202674.98%4.68%11.71%8.63%
Jun 202674.98%4.82%11.78%8.4%
Sep 202674.98%4.96%11.69%8.38%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Berger Paints from balance-sheet trouble?

For Berger Paints India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Berger Paints rank in its industry?

48.6 out of 100, rank 5 of 7 in Building Materials - Paints, with 96% of the evidence available.

Berger Paints India Ltd scores 48.6 out of 100 against the 7 companies it is compared with in Building Materials - Paints, ranking 5. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.

The four parts add up to the total exactly: 14.1 + 18.8 + 6.7 + 9 = 48.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Berger Paints compared with?

Berger Paints ranks 5 of 7 Building Materials - Paints companies on the 4-Factor Sector Score, with 48.6 out of 100.

  1. 1Sirca Paints India LtdSIRCA · losing its lead · Evidence leans up · 96% evidence63.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.6/35 · Revenue 24.2% · Profit 28.9% · Operating margin change -1 points · 88% evidenceCapital efficiency 16.4/25 · ROCE 20.3% · Operating margin 19% · 100% evidenceValuation 12.7/20 · P/E 34.4× · PEG 1.23 · 100% evidenceRelative strength 9.6/20 · Lead over its industry -5.7% · Lead over NIFTY 500 -3.8% · 1 year -21.9% · 100% evidence · 5 of 12 weeks aheadExact sum: 24.6 + 16.4 + 12.7 + 9.6 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Asian Paints LtdASIANPAINT · quiet · Evidence leans up · 100% evidence56.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue 12.4% · Profit 23.7% · Operating margin change -2 points · 100% evidenceCapital efficiency 22.3/25 · ROCE 26.3% · Operating margin 16% · 100% evidenceValuation 9.9/20 · P/E 45× · PEG 1.8 · 100% evidenceRelative strength 2.5/20 · Lead over its industry -6.9% · Lead over NIFTY 500 -5.1% · 1 year -7.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.2 + 22.3 + 9.9 + 2.5 = 56.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3JSW Dulux LtdJSWDULUX · quiet · Evidence leans up · 81% evidence50.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue -11.5% · Profit 100% · Operating margin change -2 points · 88% evidenceCapital efficiency 16.1/25 · ROCE 22.7% · Operating margin 12% · 100% evidenceValuation 4.0/20 · P/E 31.4× · PEG 3.75 · 100% evidenceRelative strength 8.0/20 · Lead over its industry — · Lead over NIFTY 500 -9.6% · 1 year — · 25% evidence · 3 of 12 weeks aheadExact sum: 22.2 + 16.1 + 4 + 8 = 50.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Indigo Paints LtdINDIGOPNTS · losing its lead · Evidence leans up · 85% evidence50.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.3/35 · Revenue 11.9% · Profit 4.9% · Operating margin change -6 points · 100% evidenceCapital efficiency 12.8/25 · ROCE 18.6% · Operating margin 9% · 100% evidenceValuation 12.8/20 · P/E 31× · PEG 1.92 · 100% evidenceRelative strength 11.3/20 · Lead over its industry — · Lead over NIFTY 500 1% · 1 year -0.3% · 25% evidence · 9 of 12 weeks aheadExact sum: 13.3 + 12.8 + 12.8 + 11.3 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Berger Paints India Ltd this pageBERGEPAINT · basing · Evidence leans down · 96% evidence48.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.1/35 · Revenue 5.2% · Profit 6.4% · Operating margin change 0 points · 88% evidenceCapital efficiency 18.8/25 · ROCE 21.6% · Operating margin 17% · 100% evidenceValuation 6.7/20 · P/E 44.2× · PEG 4.15 · 100% evidenceRelative strength 9.0/20 · Lead over its industry -3.1% · Lead over NIFTY 500 -1.3% · 1 year -14.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.1 + 18.8 + 6.7 + 9 = 48.6 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  6. 6Kansai Nerolac Paints LtdKANSAINER · basing · Evidence leans down · 78% evidence41.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.8/35 · Revenue 5.3% · Profit -46.5% · Operating margin change 0 points · 83% evidenceCapital efficiency 10.2/25 · ROCE 12% · Operating margin 14% · 76% evidenceValuation 14.1/20 · P/E 22.1× · PEG — · 50% evidenceRelative strength 3.0/20 · Lead over its industry -11.9% · Lead over NIFTY 500 -10.3% · 1 year -28.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 13.8 + 10.2 + 14.1 + 3 = 41.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  7. 7Shalimar Paints LtdSHALPAINTS · leader · Evidence leans down · 71% evidence35.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 5.7/35 · Revenue -12% · Profit -33.3% · Operating margin change -15.3 points · 74% evidenceCapital efficiency 0.0/25 · ROCE -7.9% · Operating margin -20% · 100% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 20.0/20 · Lead over its industry 30.8% · Lead over NIFTY 500 32% · 1 year 1.5% · 100% evidence · 12 of 12 weeks aheadExact sum: 5.7 + 0 + 10 + 20 = 35.7 · What this means: Relative strength against the index is 32%, and revenue and profit growth are weak.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Building Materials - Paints, all 7 compared on one page.

Which companies are close to Berger Paints in size?

Berger Paints is the 2nd largest of 7 Building Materials - Paints companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Asian Paints. Just below it: Kansai Nerolac Paints, JSW Dulux, Indigo Paints, Sirca Paints India and Shalimar Paints.

Building Materials - Paints companies close in size

  1. Asian Paints Ltd ₹2,22,534 crore
  2. Berger Paints India Ltd ₹54,231 crore
  3. Kansai Nerolac Paints Ltd ₹14,259 crore
  4. JSW Dulux Ltd ₹13,436 crore
  5. Indigo Paints Ltd ₹4,760 crore
  6. Sirca Paints India Ltd ₹2,303 crore
  7. Shalimar Paints Ltd ₹666 crore

All 7 Building Materials - Paints companies, largest first

Companies close in size in other industries

  1. RBL Bank Ltd ₹54,504 crore · Banks - Private
  2. Abbott India Ltd ₹54,474 crore · Pharma - MNC bulk Drugs
  3. Berger Paints India Ltd ₹54,231 crore
  4. Altius Telecom Infrastructure Trust ₹53,025 crore · Infrastructure Investment Trusts
  5. Gland Pharma Ltd ₹51,921 crore · Pharma - API & CRAMS

What else do people ask about Berger Paints?

What is Berger Paints's share price today?

Berger Paints India Ltd's share price is ₹485.10, −8.7% over the past year. The whole company is worth ₹56,575 Cr on the market.

In the last 52 weeks it traded between ₹408 to ₹580; today it is 45% of the way up from the low, 1.6% below its 200-day average (as of 4 November 2026).

What were Berger Paints's latest quarterly results?

Berger Paints India Ltd reported revenue of ₹3,584 Cr and net profit of ₹405 Cr for the Jun 2026 quarter. Revenue rose 12.0% and profit rose 28.6% compared with a year earlier. Earnings per share were ₹3.47.

The operating margin was 17.0%, 0.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Berger Paints's market cap?

Berger Paints India Ltd's market capitalisation is ₹56,575 Cr at a share price of ₹485.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Berger Paints performing?

Berger Paints India Ltd's share price has been falling for 5 weeks. In its latest quarter, revenue rose 12.0% and profit rose 28.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 4 November 2026).

Will Berger Paints's share price go up?

This page does not forecast Berger Paints India Ltd's share price. What it shows instead: the share price is ₹485.10, and it has been falling for 5 weeks. Its P/E of 46.1× is higher than 4% of its own last 11 years (as of 4 November 2026).

Does Berger Paints have too much debt?

No, Berger Paints India Ltd has little debt: its debt is 0.09× its equity, and its operating profit is 32 times its interest bill. FY26 borrowings were ₹635 Cr against equity of ₹6,917 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Berger Paints in its business cycle?

Berger Paints India Ltd's FY26 operating margin was 15.0%, against a 13-year range of 12.0% to 17.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 17.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Berger Paints story?

The main question: foreign institutions moved −2.0 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Berger Paints a stock worth studying right now?

What the numbers show: Berger Paints India Ltd's share price has fallen more than its earnings. Earnings per share fell 4.5% in a year while the price moved −8.7%. The main open question: whether the owners’ moves turn back in line with the business.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Berger Paints share price forecast for 2026?

What management itself guided: FY27 standalone and consolidated operating margins expected within 15%-17%.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.