This analysis examines Berger Paints India Ltd. (BERGEPAINT) through the lens of its financial statements, valuation metrics, and institutional ownership patterns.
Berger Paints Revenue Trend
Revenue for Berger Paints India Ltd. came in at ₹11,639 Cr in FY2025, growing 3.3% year-over-year.
Berger Paints India Ltd. has compounded revenue at 10.4% over 10 years — good, consistent top-line expansion from ₹4,322 Cr to ₹11,639 Cr.
A ₹11,639 Cr revenue base makes Berger Paints India Ltd. a major name in the Indian paints sector.
The consistency stands out: 10 consecutive years of growth in top-line revenue.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹11,639 Cr | +3.3% |
| FY2024 | ₹11,263 Cr | +6.1% |
| FY2023 | ₹10,619 Cr | +20.3% |
| FY2022 | ₹8,826 Cr | +28.5% |
| FY2021 | ₹6,869 Cr | — |
View Berger Paints India Ltd.'s full 10-year revenue trend with CAGR analysis →
Berger Paints Profitability
The bottom line looked healthy: Berger Paints India Ltd. posted net profit of ₹1,183 Cr in FY2025, 1.1% above FY2024.
Net margin was steady at 10.2% in FY2025, suggesting a stable cost structure.
On an EPS basis, the company earned ₹10.12 (diluted) in FY2025 versus ₹10.02 in FY2024.
Is Berger Paints Undervalued
The P/E Ratio valuation pegs Berger Paints India Ltd.'s fair value at ₹650, which is 32.5% upside from the current price.
Berger Paints India Ltd. shares are currently trading at ₹490.25.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹650 | 32.5% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Berger Paints India Ltd. with detailed assumptions →
Berger Paints Shareholding Pattern
Promoter holding is steady at 75.0% — no buying or selling over the past 4 quarters.
Foreign institutions moved their stake down to 4.7% from 5.6% over the past year.
Domestic institutional investors (DIIs) held 11.7% as of March 2026, up from 10.4% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 75.0% | 4.7% | 11.7% | 8.6% |
| Dec 2025 | 75.0% | 5.2% | 11.1% | 8.7% |
| Sep 2025 | 75.0% | 5.3% | 10.7% | 9.0% |
| Jun 2025 | 75.0% | 5.6% | 10.4% | 9.0% |
Track quarterly shareholding changes for Berger Paints India Ltd. →
Berger Paints Balance Sheet
Proportional view as of 5 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹91.32B, up 9.1% YoY from ₹83.69B.
Property, Plant & Equipment accounts for 30.8% of the total, ahead of Inventories (25.9%) and Receivables (16.8%).
Capital structure: 67.5% equity, 7.3% debt, 25.1% operating liabilities. Over the year, debt is down 11.0% and equity is up 14.4%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 5.88B |
| Receivables | 15.36B |
| Inventories | 23.66B |
| Property, Plant & Equipment | 28.16B |
| Investments | 1.99B |
| Intangibles & Goodwill | 3.56B |
| Other Assets | 12.71B |
| Category | Value |
|---|---|
| Equity | 61.67B |
| Short-term Debt | 2.52B |
| Long-term Debt | 4.19B |
| Trade Payables | 17.40B |
| Other Liabilities | 5.54B |
Berger Paints at a Glance
To sum up Berger Paints India Ltd.'s financial position: the data paints a clear picture for investors evaluating this paints stock.
Revenue of ₹11,639 Cr in FY2025, up 3.3% year-over-year.
Long-term revenue has been compounding at 10.4% annually over 10 years.
The company is profitable, with a net margin of 10.2% and net income of ₹1,183 Cr.
The P/E Ratio model implies 32.5% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
See the full picture — Craytheon tracks 10 years of financial data with interactive charts, growth trends, and three valuation models for Berger Paints India Ltd..