# Berger Paints share price today (Berger Paints India Ltd, NSE: BERGEPAINT) > Berger Paints share price today: ₹479.70 at the NSE close on 3 November 2026, down 11.5% in a year. Berger Paints India (NSE: BERGEPAINT) is worth ₹55,945 crore, trades at a P/E of 45.6 and has closed between ₹407.80 and ₹579.55 over the past 52 weeks. > 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 −11.5%. BERGEPAINT · Building Materials - Paints · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/berger-paints-india-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: ₹479.70 (−11.5% in a year) - P/E: 45.6× (lower than 97% of the last 11 years) - Revenue (Jun 2026): ₹3,584 Cr (+12.0% on a year ago) - Profit (Jun 2026): ₹405 Cr (+28.6% on a year ago) - Operating margin: 17.0% (flat on a year ago) - ROCE: 22%, FY26 - ROIC: 18.6%, against a 12.0% cost of capital: +6.6 points The main question: foreign institutions moved −2.0 percentage points over 8 quarters while the business went the other way. ## What is the Berger Paints share price today? Berger Paints India Ltd's share price was ₹479.70 at the close on 3 November 2026. It has been falling for 5 weeks. That is 2.7% 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 42% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. Over the last 11 years the share price moved +240% 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | 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 margin | 17.0% | 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 ₹479.70 on 3 November 2026, down 11.5% from ₹542.10 a year earlier (31 October 2025) and down 24.6% over five years. Its highest weekly close since March 2016 was ₹711.87 on 23 July 2021. ### Berger Paints share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹466.35 | +2.9% | | 1 month ago · 1 Oct 2026 | ₹452.40 | +6.0% | | 6 months ago · 30 Apr 2026 | ₹473.10 | +1.4% | | 1 year ago · 31 Oct 2025 | ₹542.10 | −11.5% | | 3 years ago · 3 Nov 2023 | ₹553.15 | −13.3% | | 5 years ago · 4 Nov 2021 | ₹635.83 | −24.6% | | 10 years ago · 4 Nov 2016 | ₹216.46 | +121.6% | | Earliest weekly close in our records · 11 Mar 2016 | ₹141.19 | +239.8% | | Highest weekly close since March 2016 · 23 Jul 2021 | ₹711.87 | −32.6% | | Lowest weekly close since March 2016 · 18 Mar 2016 | ₹134.29 | +257.2% | | 52-week high (weekly close) · 14 Nov 2025 | ₹579.55 | −17.2% | | 52-week low (weekly close) · 13 Mar 2026 | ₹407.80 | +17.6% | 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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Berger Paints? 3 Nov 2026: Berger Paints closed at ₹479.70, up 2.9% on the week and up 6.0% 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 4 November 2026 (1 payment), a yield of 0.83% at the ₹479.70 close on 3 November 2026. The last was a dividend of ₹4 a share, ex-date 5 August 2026. ### Berger Paints dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 5 Aug 2026 | ₹4 | Dividend | | 5 Aug 2025 | ₹3.80 | Dividend | | 5 Aug 2024 | ₹3.50 | Dividend | | 4 Aug 2023 | ₹3.20 | Dividend | | 18 Aug 2022 | ₹3.10 | Dividend | | 18 Aug 2021 | ₹2.80 | Dividend | 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 5 Of 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 4 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](https://files.tijorifinance.com/insight/india/1124/Conference Call/CC-Aug26.pdf). (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. - 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. [Small & mid cap stocks Size rank in India: 184](https://www.sectoralpha.in/small-cap-stocks-india) ## 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. 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). 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. The last four reported quarters add to ₹12,263 Cr. FY26 revenue was ₹11,880 Cr, +2.9% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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 45.6×, near the low end of its own history: it has been lower only 3% 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. Why the multiple is where it is: over the past year earnings per share moved −4.5% while the price moved −11.5%. 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 −5.5% a year; about +7.8% a year came from earnings growth and about −13.3 percentage points from the multiple (the market paying less); over 10 years the price moved +8.3% a year; about +11.0% a year came from earnings growth and about −2.7 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. Why it matters: when the lines disagree, each line above matters more than any single label. ## 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). 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. ## 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. ## 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. 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. ## 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. ## 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. [Sirca Paints India Ltd](https://www.sectoralpha.in/stocks/sirca-paints-india-ltd) SIRCA · losing its lead · Evidence leans up · 96% evidence 63.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 24.2% · Profit 28.9% · Operating margin change -1 points · 88% evidence Capital efficiency 16.4/25 · ROCE 20.3% · Operating margin 19% · 100% evidence Valuation 12.7/20 · P/E 34.4× · PEG 1.23 · 100% evidence Relative 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 ahead Exact 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. [Asian Paints Ltd](https://www.sectoralpha.in/stocks/asian-paints-ltd) ASIANPAINT · quiet · Evidence leans up · 100% evidence 56.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 12.4% · Profit 23.7% · Operating margin change -2 points · 100% evidence Capital efficiency 22.3/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 9.9/20 · P/E 45× · PEG 1.8 · 100% evidence Relative 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 ahead Exact 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. [Indigo Paints Ltd](https://www.sectoralpha.in/stocks/indigo-paints-ltd) INDIGOPNTS · losing its lead · Evidence leans up · 85% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.3/35 · Revenue 11.9% · Profit 4.9% · Operating margin change -6 points · 100% evidence Capital efficiency 12.8/25 · ROCE 18.6% · Operating margin 9% · 100% evidence Valuation 12.8/20 · P/E 31× · PEG 1.92 · 100% evidence Relative strength 11.3/20 · Lead over its industry n/a · Lead over NIFTY 500 1% · 1 year -0.3% · 25% evidence · 9 of 12 weeks ahead Exact 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. 4. [JSW Dulux Ltd](https://www.sectoralpha.in/stocks/jsw-dulux-ltd) JSWDULUX · quiet · Evidence leans up · 81% evidence 50.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue -11.5% · Profit 100% · Operating margin change -2 points · 88% evidence Capital efficiency 15.8/25 · ROCE 22.7% · Operating margin 12% · 100% evidence Valuation 4.0/20 · P/E 31.4× · PEG 3.75 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.6% · 1 year n/a · 25% evidence · 3 of 12 weeks ahead Exact sum: 22.2 + 15.8 + 4 + 8 = 50 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Berger Paints India Ltd this page BERGEPAINT · basing · Evidence leans down · 96% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 5.2% · Profit 6.4% · Operating margin change 0 points · 88% evidence Capital efficiency 18.8/25 · ROCE 21.6% · Operating margin 17% · 100% evidence Valuation 6.7/20 · P/E 44.2× · PEG 4.15 · 100% evidence Relative 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 ahead Exact 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. [Kansai Nerolac Paints Ltd](https://www.sectoralpha.in/stocks/kansai-nerolac-paints-ltd) KANSAINER · basing · Evidence leans down · 78% evidence 41.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 5.3% · Profit -46.5% · Operating margin change 0 points · 83% evidence Capital efficiency 10.2/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 14.1/20 · P/E 22.1× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Shalimar Paints Ltd](https://www.sectoralpha.in/stocks/shalimar-paints-ltd) SHALPAINTS · leader · Evidence leans down · 71% evidence 35.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.7/35 · Revenue -12% · Profit -33.3% · Operating margin change -15.3 points · 74% evidence Capital efficiency 0.0/25 · ROCE -7.9% · Operating margin -20% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative 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 ahead Exact 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](https://www.sectoralpha.in/sectors/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](https://www.sectoralpha.in/stocks/asian-paints-ltd) ₹2,22,534 crore 2. Berger Paints India Ltd ₹54,231 crore 3. [Kansai Nerolac Paints Ltd](https://www.sectoralpha.in/stocks/kansai-nerolac-paints-ltd) ₹14,259 crore 4. [JSW Dulux Ltd](https://www.sectoralpha.in/stocks/jsw-dulux-ltd) ₹13,436 crore 5. [Indigo Paints Ltd](https://www.sectoralpha.in/stocks/indigo-paints-ltd) ₹4,760 crore 6. [Sirca Paints India Ltd](https://www.sectoralpha.in/stocks/sirca-paints-india-ltd) ₹2,303 crore 7. [Shalimar Paints Ltd](https://www.sectoralpha.in/stocks/shalimar-paints-ltd) ₹666 crore [All 7 Building Materials - Paints companies, largest first](https://www.sectoralpha.in/sectors/building-materials-paints#all-companies) ### Companies close in size in other industries 1. [RBL Bank Ltd](https://www.sectoralpha.in/stocks/rbl-bank-ltd) ₹54,504 crore · Banks - Private 2. [Abbott India Ltd](https://www.sectoralpha.in/stocks/abbott-india-ltd) ₹54,474 crore · Pharma - MNC bulk Drugs 3. Berger Paints India Ltd ₹54,231 crore 4. [Altius Telecom Infrastructure Trust](https://www.sectoralpha.in/stocks/altius-telecom-infrastructure-trust) ₹53,025 crore · Infrastructure Investment Trusts 5. [Kalyan Jewellers India Ltd](https://www.sectoralpha.in/stocks/kalyan-jewellers-india-ltd) ₹51,431 crore · Diamond, Gems & Jewellery ## What else do people ask about Berger Paints? ### What is Berger Paints's share price today? Berger Paints India Ltd's share price is ₹479.70, −11.5% over the past year. The whole company is worth ₹55,945 Cr on the market. In the last 52 weeks it traded between ₹408 to ₹580; today it is 42% of the way up from the low, 2.7% below its 200-day average (as of 3 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 3 November 2026). ### What is Berger Paints's market cap? Berger Paints India Ltd's market capitalisation is ₹55,945 Cr at a share price of ₹479.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 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 3 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 ₹479.70, and it has been falling for 5 weeks. Its P/E of 45.6× is higher than 3% of its own last 11 years (as of 3 November 2026). ### Who owns Berger Paints? Promoters own 75.0% of Berger Paints India Ltd, foreign institutions 5.0%, domestic institutions 11.7% and the public 8.4% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 2.9 percentage points over 8 quarters (as of 3 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 3 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 3 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 3 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 −11.5%. 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 3 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%. ## Lists - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india This is research, not advice. We’re not SEBI-registered.