- Total income
- ₹11,809 Cr
- Profit
- ₹1,180 Cr

About Berger Paints India Limited
Data last updated:
Berger Paints India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of U K Paints (India) Private Limited. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 17 December 1923 and has been in existence for over 103 years.
Berger Paints India is ranked #231 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Kuldip Singh Dhingra and family are #122 among India's richest people (2026). Its director Gurbachan Singh Dhingra and family are #122 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L51434WB1923PLC004793. Its GSTIN is 19AABCB0976E1ZS (West Bengal). The company holds 66 GST registrations, of which 55 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 509480 and NSE: BERGEPAINT.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹116.6 Cr. It is led by directors including Abhijit Roy (Managing Director) and Anoop Hoon.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Berger House 129 Park Street, Kolkata, West Bengal, India – 700017.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹11,880 Cr, a growth of 2.9% compared to the previous year. For the same year it recorded a net profit of ₹1,131.43 Cr (net margin 9.5%) and EBITDA of ₹1,780.01 Cr (EBITDA margin 15%). The net worth stands at ₹6,916.16 Cr (up 12.4% YoY). Total assets are valued at ₹7,645.71 Cr (up 10.3% YoY).
The company has about 3,822 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Berger Paints. As per MCA filings, the company has open charges of ₹1,750 Cr and satisfied charges of ₹1,016.68 Cr on record. Court records list 4,727 cases involving the company, including 4,437 filed by the company and 291 filed against it; 2,395 cases are pending. The company has 29 deals on record (25 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹36.3 Cr; the latest was in May 2024. Its 5 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 4 smaller; the largest is Asian Paints Limited with revenue of ₹34,478 Cr. The company has 19 MSME Form 1 returns on record between 2019 and 2024, listing 2,190 overdue payments to 176 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bergerpaints.com.
Company details
CIN history
Berger Paints India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51434WB1923PLC004793, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51434WB1923PLC004793 | Current |
| U74224WB1923PLC004793 | Previous |
| U51434WB1923PLC004793 | Previous |
Recognitions & Rankings of Berger Paints India
- Valuation
- ₹55,830 Cr
- #122 Kuldip Singh Dhingra & family ₹27,400 Cr
- #122 Gurbachan Singh Dhingra & family ₹27,400 Cr
Contact details
Berger Paints India Limited's registered office is in Kolkata, West Bengal. Its website is bergerpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressBerger House 129 Park Street, Kolkata, West Bengal, India – 700017
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Berger Paints India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Berger Paints India operates one associated brand: Berger Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Decorative paints are manufactured and supplied by Berger Paints. | bergerpaints.com |
Business activity
The main business activity of Berger Paints India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Berger Paints India Limited, buy the company report.
Financials of Berger Paints India Limited
FY 2025-26 filings availableBerger Paints India Limited reported revenue of ₹11,880 Cr (up 2.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,880 | 11,545 | 11,199 | 10,568 | 8,762 | 6,818 | 6,366 |
| Revenue growth | +2.9% | +3.1% | +6.0% | +20.6% | +28.5% | +7.1% | - |
| EBITDA | 1,780 | 1,856 | 1,861 | 1,474 | 1,331 | 1,182 | 1,053 |
| EBITDA margin | +15.0% | +16.1% | +16.6% | +14.0% | +15.2% | +17.3% | +16.5% |
| Profit before tax | 1,488 | 1,568 | 1,557 | 1,162 | 1,122 | 979 | 883 |
| Net profit | 1,131 | 1,160 | 1,162 | 861 | 823 | 715 | 646 |
| Net profit margin | +9.5% | +10.1% | +10.4% | +8.2% | +9.4% | +10.5% | +10.2% |
| EPS (₹) | 9.66 | 10.12 | 10.02 | 8.85 | 8.57 | 7.41 | 6.77 |
| Balance sheet | |||||||
| Total assets | 7,646 | 6,929 | 6,240 | 5,783 | 5,041 | 4,092 | 3,479 |
| Net worth | 6,916 | 6,154 | 5,379 | 4,494 | 3,927 | 3,377 | 2,660 |
| Total debt | 635 | 670 | 753 | 1,189 | 1,014 | 634 | 767 |
| Cash & bank | 305 | 500 | 451 | 245 | 313 | 440 | 220 |
| Net working capital | 2,143 | 2,428 | 2,175 | 1,984 | 1,852 | 1,521 | 1,035 |
| Cash flow | |||||||
| Cash from operations | 1,540 | 1,269 | 1,591 | 976 | 566 | 796 | 725 |
| Cash from investing | (974) | (650) | (398) | (600) | (521) | (457) | (223) |
| Cash from financing | (613) | (606) | (1,069) | (363) | (78.13) | (282) | (479) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,584 | 2,868 | 2,984 | 2,827 | 3,201 | 2,704 | 2,975 | 2,775 |
| Revenue growth (YoY) | +12.0% | +6.1% | +0.3% | +1.9% | +3.6% | - | - | - |
| Other income | 50.67 | 69.46 | 48.69 | 36.80 | 39.63 | 26.45 | 27.48 | 29.96 |
| EBITDA | 607 | 482 | 418 | 352 | 492 | 428 | 472 | 434 |
| EBITDA margin | +16.9% | +16.8% | +14.0% | +12.5% | +15.4% | +15.8% | +15.9% | +15.6% |
| Depreciation | 103 | 101 | 100 | 97.05 | 93.98 | 89.19 | 88.81 | 88.98 |
| Interest | 12.46 | 11.60 | 14.10 | 17.39 | 14.48 | 15.10 | 15.99 | 17.01 |
| Profit before tax | 543 | 438 | 352 | 275 | 423 | 350 | 394 | 358 |
| Tax | 138 | 103 | 80.88 | 68.23 | 108 | 87.02 | 98.44 | 88.25 |
| Net profit | 405 | 335 | 271 | 206 | 315 | 263 | 296 | 270 |
| EPS (₹) | 3.47 | 2.87 | 2.33 | 1.77 | 2.70 | 2.25 | 2.53 | 2.31 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 10,420 | 10,169 | 10,003 | 9,471 | 7,741 | 6,021 | 5,692 |
| Revenue growth | +2.5% | +1.7% | +5.6% | +22.3% | +28.6% | +5.8% | - |
| EBITDA | 1,637 | 1,674 | 1,672 | 1,346 | 1,183 | 1,082 | 958 |
| EBITDA margin | +15.7% | +16.5% | +16.7% | +14.2% | +15.3% | +18.0% | +16.8% |
| Profit before tax | 1,438 | 1,431 | 1,367 | 1,103 | 1,005 | 919 | 905 |
| Net profit | 1,097 | 1,059 | 1,011 | 831 | 740 | 684 | 687 |
| Net profit margin | +10.5% | +10.4% | +10.1% | +8.8% | +9.6% | +11.4% | +12.1% |
| EPS (₹) | 9.40 | 9.24 | 8.71 | 8.53 | 7.72 | 7.01 | 7.20 |
| Balance sheet | |||||||
| Total assets | 6,866 | 6,251 | 5,669 | 5,432 | 4,673 | 3,735 | 3,098 |
| Net worth | 6,343 | 5,681 | 5,005 | 4,295 | 3,764 | 3,280 | 2,625 |
| Total debt | 459 | 492 | 579 | 1,059 | 831 | 396 | 442 |
| Cash & bank | 207 | 366 | 334 | 174 | 207 | 339 | 126 |
| Net working capital | 1,702 | 1,944 | 1,697 | 1,632 | 1,530 | 1,277 | 815 |
| Cash flow | |||||||
| Cash from operations | 1,406 | 1,119 | 1,483 | 934 | 530 | 677 | 793 |
| Cash from investing | (811) | (543) | (296) | (659) | (549) | (459) | (234) |
| Cash from financing | (585) | (585) | (1,092) | (284) | (5.35) | (183) | (530) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,227 | 2,504 | 2,595 | 2,458 | 2,863 | 2,347 | 2,585 | 2,431 |
| Revenue growth (YoY) | +12.7% | +6.7% | +0.4% | +1.1% | +2.0% | - | - | - |
| Other income | 39.14 | 72.96 | 106 | 23.47 | 27.53 | 19.45 | 69.04 | 16.90 |
| Total expenses | 2,664 | 2,045 | 2,228 | 2,147 | 2,400 | 1,958 | 2,167 | 2,047 |
| EBITDA | 562 | 459 | 367 | 311 | 463 | 390 | 417 | 383 |
| EBITDA margin | +17.4% | +18.3% | +14.1% | +12.7% | +16.2% | +16.6% | +16.2% | +15.8% |
| Depreciation | 91.11 | 88.15 | 88.50 | 85.92 | 83.06 | 79.84 | 79.78 | 79.83 |
| Interest | 9.96 | 9.45 | 10.98 | 13.81 | 11.36 | 11.23 | 12.24 | 12.81 |
| Profit before tax | 500 | 434 | 373 | 235 | 396 | 318 | 395 | 308 |
| Tax | 132 | 107 | 75.03 | 58.68 | 102 | 80.97 | 88.43 | 78.72 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,584 | 2,868 | 2,984 | 2,827 | 3,201 | 2,704 | 2,975 | 2,775 |
| Revenue growth (YoY) | +12.0% | +6.1% | +0.3% | +1.9% | +3.6% | - | - | - |
| Other income | 50.67 | 69.46 | 48.69 | 36.80 | 39.63 | 26.45 | 27.48 | 29.96 |
| EBITDA | 607 | 482 | 418 | 352 | 492 | 428 | 472 | 434 |
| EBITDA margin | +16.9% | +16.8% | +14.0% | +12.5% | +15.4% | +15.8% | +15.9% | +15.6% |
| Depreciation | 103 | 101 | 100 | 97.05 | 93.98 | 89.19 | 88.81 | 88.98 |
| Interest | 12.46 | 11.60 | 14.10 | 17.39 | 14.48 | 15.10 | 15.99 | 17.01 |
| Profit before tax | 543 | 438 | 352 | 275 | 423 | 350 | 394 | 358 |
| Tax | 138 | 103 | 80.88 | 68.23 | 108 | 87.02 | 98.44 | 88.25 |
| Net profit | 405 | 335 | 271 | 206 | 315 | 263 | 296 | 270 |
| EPS (₹) | 3.47 | 2.87 | 2.33 | 1.77 | 2.70 | 2.25 | 2.53 | 2.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,880 | 11,545 | 11,199 | 10,568 | 8,762 | 6,818 | 6,366 |
| Revenue growth | +2.9% | +3.1% | +6.0% | +20.6% | +28.5% | +7.1% | - |
| Other income | 158 | 130 | 105 | 51.57 | 68.45 | 51.49 | 68.52 |
| Total expenses | 10,100 | 9,689 | 9,338 | 9,094 | 7,431 | 5,635 | 5,313 |
| Employee cost | 913 | 815 | 713 | 609 | 543 | 485 | 452 |
| EBITDA | 1,780 | 1,856 | 1,861 | 1,474 | 1,331 | 1,182 | 1,053 |
| EBITDA margin | +15.0% | +16.1% | +16.6% | +14.0% | +15.2% | +17.3% | +16.5% |
| Depreciation | 392 | 354 | 331 | 264 | 227 | 211 | 191 |
| Interest | 57.57 | 63.27 | 78.25 | 99.23 | 50.72 | 44.10 | 47.04 |
| Profit before tax | 1,488 | 1,568 | 1,557 | 1,162 | 1,122 | 979 | 883 |
| Tax | 360 | 386 | 387 | 302 | 289 | 259 | 227 |
| Net profit | 1,131 | 1,160 | 1,162 | 861 | 823 | 715 | 646 |
| Net profit margin | +9.5% | +10.1% | +10.4% | +8.2% | +9.4% | +10.5% | +10.2% |
| EPS (₹) | 9.66 | 10.12 | 10.02 | 8.85 | 8.57 | 7.41 | 6.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 117 | 117 | 117 | 97.14 | 97.13 | 97.13 | 97.12 |
| Reserves & surplus | 6,800 | 6,038 | 5,262 | 4,397 | 3,830 | 3,280 | 2,563 |
| Shareholders' funds (net worth) | 6,916 | 6,154 | 5,379 | 4,494 | 3,927 | 3,377 | 2,660 |
| Minority interest | 13.74 | 12.59 | 10.20 | 8.14 | 7.17 | 7.06 | 7.11 |
| Secured loans | 142 | 146 | 205 | 610 | 153 | 226 | 536 |
| Unsecured loans | 493 | 524 | 548 | 579 | 861 | 408 | 231 |
| Total debt | 635 | 670 | 753 | 1,189 | 1,014 | 634 | 767 |
| Total liabilities | 7,646 | 6,929 | 6,240 | 5,783 | 5,041 | 4,092 | 3,479 |
| Assets | |||||||
| Gross block | 5,481 | 5,021 | 4,736 | 4,324 | 2,955 | 2,734 | 2,452 |
| Net block | 3,841 | 3,677 | 3,500 | 3,332 | 2,187 | 2,044 | 1,916 |
| Capital work in progress | 316 | 125 | 189 | 111 | 606 | 107 | 178 |
| Investments | 1,189 | 533 | 255 | 183 | 234 | 356 | 315 |
| Inventories | 2,393 | 2,366 | 2,180 | 2,319 | 2,316 | 1,616 | 1,278 |
| Sundry debtors | 1,565 | 1,536 | 1,302 | 1,243 | 1,054 | 1,020 | 714 |
| Cash & bank balances | 305 | 500 | 451 | 245 | 313 | 440 | 220 |
| Loans & advances | 210 | 154 | 300 | 305 | 288 | 221 | 195 |
| Total current assets | 4,474 | 4,557 | 4,232 | 4,111 | 3,970 | 3,297 | 2,407 |
| Total current liabilities | 2,330 | 2,128 | 2,057 | 2,128 | 2,118 | 1,776 | 1,372 |
| Net working capital | 2,143 | 2,428 | 2,175 | 1,984 | 1,852 | 1,521 | 1,035 |
| Total assets | 7,646 | 6,929 | 6,240 | 5,783 | 5,041 | 4,092 | 3,479 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 254 | 240 | 116 | 103 | 136 | 78.92 | 57.07 |
| Net cash from operating activities | 1,540 | 1,269 | 1,591 | 976 | 566 | 796 | 725 |
| Net cash from investing activities | (974) | (650) | (398) | (600) | (521) | (457) | (223) |
| Net cash from financing activities | (613) | (606) | (1,069) | (363) | (78.13) | (282) | (479) |
| Net change in cash | (46.71) | 13.69 | 124 | 12.87 | (32.92) | 57.30 | 21.85 |
| Closing cash | 305 | 500 | 451 | 245 | 313 | 440 | 220 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.9% | +3.1% | +6.0% | +20.6% | +28.5% | +7.1% | - |
| EBITDA growth | -4.1% | -0.3% | +26.3% | +10.7% | +12.6% | +12.3% | - |
| PBT growth | -5.1% | +0.7% | +33.9% | +3.6% | +14.7% | +10.8% | +15.4% |
| Net income growth | -2.5% | -0.2% | +35.0% | +4.6% | +15.1% | +10.6% | - |
| Revenue CAGR (3Y) | +4.0% | +9.6% | +18.0% | +18.4% | +13.1% | +9.7% | +11.8% |
| EBITDA CAGR (3Y) | +6.5% | +11.7% | +16.3% | +11.9% | +12.5% | +13.6% | +13.6% |
| Profitability & leverage | |||||||
| Net income margin | +9.5% | +10.3% | +10.5% | +8.1% | +9.5% | +10.6% | +10.3% |
| Return on capital employed | +21.3% | +24.8% | +27.2% | +23.3% | +25.7% | +27.1% | +27.8% |
| Return on net worth | +17.3% | +20.5% | +23.7% | +20.4% | +22.8% | +23.8% | +25.7% |
| Debt / equity | 0.10 | 0.12 | 0.20 | 0.26 | 0.23 | 0.23 | 0.30 |
| Long-term debt / equity | 0.06 | 0.08 | 0.08 | 0.07 | 0.09 | 0.13 | 0.17 |
| Interest cover | 4.15 | 4.21 | 5.11 | 8.20 | 4.59 | 4.54 | 5.46 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.26 | 2.37 | 2.47 | 2.90 | 3.08 | 2.63 | 2.88 |
| Inventory turnover | 4.99 | 5.08 | 4.98 | 4.56 | 4.46 | 4.71 | 5.07 |
| Debtors turnover | 7.66 | 8.14 | 8.80 | 9.20 | 8.45 | 7.86 | 9.19 |
| EPS (₹) | 9.66 | 10.12 | 10.02 | 8.85 | 8.57 | 7.41 | 6.77 |
| Dividend per share (₹) | 4.00 | 3.80 | 3.50 | 3.20 | 3.10 | 2.80 | 2.20 |
| Book value per share (₹) | 59.32 | 52.78 | 46.14 | 46.26 | 40.43 | 34.77 | 27.39 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,227 | 2,504 | 2,595 | 2,458 | 2,863 | 2,347 | 2,585 | 2,431 |
| Revenue growth (YoY) | +12.7% | +6.7% | +0.4% | +1.1% | +2.0% | - | - | - |
| Other income | 39.14 | 72.96 | 106 | 23.47 | 27.53 | 19.45 | 69.04 | 16.90 |
| Total expenses | 2,664 | 2,045 | 2,228 | 2,147 | 2,400 | 1,958 | 2,167 | 2,047 |
| EBITDA | 562 | 459 | 367 | 311 | 463 | 390 | 417 | 383 |
| EBITDA margin | +17.4% | +18.3% | +14.1% | +12.7% | +16.2% | +16.6% | +16.2% | +15.8% |
| Depreciation | 91.11 | 88.15 | 88.50 | 85.92 | 83.06 | 79.84 | 79.78 | 79.83 |
| Interest | 9.96 | 9.45 | 10.98 | 13.81 | 11.36 | 11.23 | 12.24 | 12.81 |
| Profit before tax | 500 | 434 | 373 | 235 | 396 | 318 | 395 | 308 |
| Tax | 132 | 107 | 75.03 | 58.68 | 102 | 80.97 | 88.43 | 78.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,420 | 10,169 | 10,003 | 9,471 | 7,741 | 6,021 | 5,692 |
| Revenue growth | +2.5% | +1.7% | +5.6% | +22.3% | +28.6% | +5.8% | - |
| Other income | 193 | 122 | 57.44 | 77.15 | 63.12 | 55.77 | 151 |
| Total expenses | 8,784 | 8,495 | 8,331 | 8,125 | 6,558 | 4,939 | 4,734 |
| Employee cost | 667 | 606 | 537 | 458 | 401 | 353 | 343 |
| EBITDA | 1,637 | 1,674 | 1,672 | 1,346 | 1,183 | 1,082 | 958 |
| EBITDA margin | +15.7% | +16.5% | +16.7% | +14.2% | +15.3% | +18.0% | +16.8% |
| Depreciation | 346 | 318 | 297 | 234 | 198 | 186 | 171 |
| Interest | 45.60 | 47.86 | 64.66 | 86.28 | 42.93 | 33.22 | 32.68 |
| Profit before tax | 1,438 | 1,431 | 1,367 | 1,103 | 1,005 | 919 | 905 |
| Tax | 343 | 353 | 352 | 274 | 255 | 238 | 206 |
| Net profit | 1,097 | 1,059 | 1,011 | 831 | 740 | 684 | 687 |
| Net profit margin | +10.5% | +10.4% | +10.1% | +8.8% | +9.6% | +11.4% | +12.1% |
| EPS (₹) | 9.40 | 9.24 | 8.71 | 8.53 | 7.72 | 7.01 | 7.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 117 | 117 | 117 | 97.14 | 97.13 | 97.13 | 97.12 |
| Reserves & surplus | 6,226 | 5,564 | 4,889 | 4,198 | 3,667 | 3,182 | 2,528 |
| Shareholders' funds (net worth) | 6,343 | 5,681 | 5,005 | 4,295 | 3,764 | 3,280 | 2,625 |
| Secured loans | 0.00 | 0.39 | 64.41 | 517 | 0.56 | 5.44 | 222 |
| Unsecured loans | 459 | 492 | 515 | 543 | 830 | 391 | 219 |
| Total debt | 459 | 492 | 579 | 1,059 | 831 | 396 | 442 |
| Total liabilities | 6,866 | 6,251 | 5,669 | 5,432 | 4,673 | 3,735 | 3,098 |
| Assets | |||||||
| Gross block | 4,498 | 4,199 | 4,002 | 3,641 | 2,330 | 2,113 | 1,866 |
| Net block | 3,030 | 2,973 | 2,882 | 2,741 | 1,645 | 1,502 | 1,386 |
| Capital work in progress | 260 | 79.63 | 130 | 78.55 | 569 | 97.60 | 168 |
| Investments | 1,682 | 1,049 | 797 | 772 | 744 | 788 | 648 |
| Inventories | 2,226 | 2,207 | 2,019 | 2,146 | 2,150 | 1,499 | 1,167 |
| Sundry debtors | 1,129 | 1,124 | 979 | 971 | 836 | 839 | 559 |
| Cash & bank balances | 207 | 366 | 334 | 174 | 207 | 339 | 126 |
| Loans & advances | 182 | 133 | 239 | 283 | 268 | 207 | 178 |
| Total current assets | 3,744 | 3,830 | 3,573 | 3,574 | 3,460 | 2,883 | 2,030 |
| Total current liabilities | 2,042 | 1,886 | 1,876 | 1,943 | 1,930 | 1,606 | 1,215 |
| Net working capital | 1,702 | 1,944 | 1,697 | 1,632 | 1,530 | 1,277 | 815 |
| Total assets | 6,866 | 6,251 | 5,669 | 5,432 | 4,673 | 3,735 | 3,098 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 141 | 151 | 56.87 | 65.98 | 90.68 | 55.66 | 27.24 |
| Net cash from operating activities | 1,406 | 1,119 | 1,483 | 934 | 530 | 677 | 793 |
| Net cash from investing activities | (811) | (543) | (296) | (659) | (549) | (459) | (234) |
| Net cash from financing activities | (585) | (585) | (1,092) | (284) | (5.35) | (183) | (530) |
| Net change in cash | 10.55 | (9.81) | 94.33 | (9.11) | (24.70) | 35.02 | 28.42 |
| Closing cash | 207 | 366 | 334 | 174 | 207 | 339 | 126 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.5% | +1.7% | +5.6% | +22.3% | +28.6% | +5.8% | - |
| EBITDA growth | -2.2% | +0.2% | +24.2% | +13.8% | +9.3% | +13.0% | - |
| PBT growth | +0.5% | +4.6% | +24.0% | +9.7% | +9.4% | +1.5% | +31.7% |
| Net income growth | +3.6% | +4.7% | +21.7% | +12.2% | +8.2% | -0.4% | - |
| Revenue CAGR (3Y) | +3.2% | +9.5% | +18.4% | +18.5% | +12.0% | +8.4% | +10.4% |
| EBITDA CAGR (3Y) | +6.7% | +12.3% | +15.6% | +12.0% | +12.3% | +13.3% | +14.7% |
| Profitability & leverage | |||||||
| Net income margin | +10.5% | +10.6% | +10.2% | +8.8% | +9.7% | +11.3% | +12.3% |
| Return on capital employed | +22.6% | +24.8% | +25.8% | +23.5% | +24.9% | +27.9% | +31.8% |
| Return on net worth | +18.2% | +20.2% | +21.8% | +20.6% | +21.3% | +23.1% | +28.1% |
| Debt / equity | 0.08 | 0.10 | 0.18 | 0.23 | 0.17 | 0.14 | 0.18 |
| Long-term debt / equity | 0.06 | 0.08 | 0.08 | 0.07 | 0.06 | 0.06 | 0.07 |
| Interest cover | 3.53 | 3.53 | 4.70 | 7.76 | 4.36 | 3.71 | 4.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.40 | 2.48 | 2.62 | 3.17 | 3.48 | 3.03 | 3.32 |
| Inventory turnover | 4.70 | 4.81 | 4.80 | 4.41 | 4.24 | 4.52 | 4.91 |
| Debtors turnover | 9.25 | 9.67 | 10.26 | 10.49 | 9.25 | 8.62 | 10.05 |
| EPS (₹) | 9.40 | 9.24 | 8.71 | 8.53 | 7.72 | 7.01 | 7.20 |
| Dividend per share (₹) | 4.00 | 3.80 | 3.50 | 3.20 | 3.10 | 2.80 | 2.20 |
| Book value per share (₹) | 54.40 | 48.73 | 42.93 | 44.22 | 38.75 | 33.77 | 27.03 |
To see the full year-wise statements and ratios of Berger Paints India Limited, buy the company report.
Board of directors of Berger Paints India Limited
Berger Paints India has 10 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Hoon Also directs: Beepee Coatings Private Limited | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Sonu Halan Bhasin Also directs: Fab-Families and Business LLP, Triveni Turbine Limited, Multi Commodity Exchange of India Limited and 4 more | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Kuldip Singh Dhingra Also directs: Meeta Properties LLP, Zoysiya Estates LLP, U K Paints (India) Private Limited and 5 more | Director | 17 Jul 1991 | 35 Years 3 Months | Current |
| Gurbachan Singh Dhingra | Director | 14 May 1993 | 33 Years 5 Months | Current |
| Kanwardip Singh Dhingra Also directs: S T P Ltd, U K Paints (India) Private Limited, SBL Specialty Coatings Private Limited and 5 more | Director | 03 Aug 2024 | 2 Years 2 Months | Current |
| Rishma Kaur | Director | 03 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Berger Paints India Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asian Paints Limited | ₹34,478 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Berger Paints India Limitedthis company | ₹11,880 Cr (FY 2026) | ₹1,131.43 Cr | 9.5% | 2.9% | 3,822 | Kolkata, West Bengal, India |
| JSW Dulux Limited | ₹4,118.8 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| PPG Asian Paints Private Limited | ₹2,165.46 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| JSW Paints Limited | ₹2,163.18 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Visen Industries Limited | ₹1,990.49 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Berger Paints India Limited, buy the company report.
Auditor
Berger Paints India Limited is audited by S.R. Batliboi & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & CO. LLP | FY 2023 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 4.80%, domestic institutional investors hold 11.80% and retail and other public shareholders hold 8.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 1969 | 90250951 | Standard Chartered Bank | ₹1,750 Cr | Open | |
| 02 Dec 2020 | 100393327 | The Hongkong and Shanghai Banking Corporation Limited | ₹131.25 Cr | Satisfied | |
| 03 Sep 2018 | 100217516 | Dbs Bank Ltd | ₹149.04 Cr | Satisfied | |
| 11 Nov 2016 | 100060623 | Others | ₹118.18 Cr | Satisfied | |
| 07 Oct 2015 | 10600418 | Sbicap Trustee Company Limited | ₹114.2 Cr | Satisfied |
To see the full charge records of Berger Paints India Limited, buy the company report.
Total charge records: 57 View all charges
Deals & funding
Berger Paints India Limited has 29 deals on record (25 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹36.3 Cr; the latest was in May 2024.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Market trade | ₹301.6 Cr | Buyer: U K Paints (India) Private Limited Seller: Gbs Dhingra Family Trust, Ksd Family Trust |
| Mar 2017 | Market trade | ₹603.2 Cr | Buyer: U K Paints (India) Private Limited Seller: Ksd Family Trust, Gbs Dhingra Family Trust |
| Dec 2016 | Market trade | ₹20.8 Cr | Buyer: U K Paints (India) Private Limited Seller: 2 individuals |
| Mar 2016 | Market trade | ₹5.74 Cr | Buyer: U K Paints (India) Private Limited Seller: Citland Commercial Credits Limited |
| Dec 2013 | Market trade | ₹8 Cr | Buyer: U K Paints (India) Private Limited Seller: an individual |
To see the full deal history of Berger Paints India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Berger Paints India Limited has 4,727 court cases on record: 4,437 filed by Berger Paints India, 291 filed against it. 2,395 cases are pending and 2,332 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4,305 | 152 | 2,359 |
| High courts | 378 | 113 | 33 |
| Supreme Court | 30 | 20 | 3 |
| NCLT | 7 | 2 | 0 |
| NCLAT | 7 | 4 | 0 |
Cases on record (5 of 4,727)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Banaras Glass Beads Pvt Ltd | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Asian Paints Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Asian Paints Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Jai Mata Di Agencies Private Limited and Anr | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Banaras Glass Beads Private Limited Through Its Managing Director and 1 other | Pending |
To see the full case history of Berger Paints India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Berger Paints India Limited was last rated by Care on 14 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Sep 2021 |
To see the full credit ratings and regulatory alerts of Berger Paints India Limited, buy the company report.
MSME payment delays
Berger Paints India Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 2,190 overdue payments to 176 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 176)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Anuvi Chemicals Limited | |||
| Madhavi Micro Minerals Private Limited | |||
| Floana Coatings Private Limited |
To see the full MSME payment records of Berger Paints India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Berger Paints India Limited has a workforce of 3,822 employees on its EPFO records as of Apr 22, 2024, across 3 active EPFO establishments.
GST
Berger Paints India has 66 GST registrations: 55 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB0976E1ZS | West Bengal | Active | 01 Jul 2017 |
| 19AABCB0976E2ZR | West Bengal | Active | 14 Jul 2017 |
| 19AABCB0976E1C3 | West Bengal | Active | 02 Feb 2023 |
| 02AABCB0976E1Z7 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Berger Paints India Limited, buy the company report.
Recent activity
Berger Paints India Limited has 36 board changes on record since 1991: 23 appointments and 13 cessations. The latest: Naresh Gujral ceased to be Director on 20 Aug 2024.
155 earlier events are in the company report.
News
Frequently asked questions
Berger Paints India is an active public limited company based in Kolkata, West Bengal, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 17 December 1923 (103+ years old) and is registered under CIN L51434WB1923PLC004793. Listed on BSE: 509480 and NSE: BERGEPAINT.
Berger Paints India reported revenue of ₹11,880 Cr for FY 2025-26 (up 2.9% YoY) based on consolidated financials.
Berger Paints India has 10 current directors:
- Abhijit Roy - Managing Director
- Anoop Hoon - Director
- Sonu Halan Bhasin - Director
- Kuldip Singh Dhingra - Director
- Gurbachan Singh Dhingra - Director
- Kanwardip Singh Dhingra - Director
- Rishma Kaur - Director
- Anoop Kumar Mittal - Director
- Subir Bose - Director
- Gopal Krishna Pillai - Director
The latest financial statements of Berger Paints India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Berger Paints India is 19AABCB0976E1ZS, registered in West Bengal. The company has 66 GST registrations in all, of which 55 are active and 11 are cancelled or inactive. Other active GSTINs include 19AABCB0976E2ZR (West Bengal), 19AABCB0976E1C3 (West Bengal), 02AABCB0976E1Z7 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Berger Paints India is L51434WB1923PLC004793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Berger Paints India is a listed company as per MCA records. Its shares are listed on both BSE (code: 509480) and NSE (symbol: BERGEPAINT).
Berger Paints India has 4,727 court cases on record: 4,437 filed by the company and 291 filed against it. 2,395 are pending. Most are in the district courts.
Berger Paints India was incorporated on 17 December 1923, making it 103+ years old. It is registered with the Registrar of Companies, Kolkata.
Berger Paints India has 29 deals on record (25 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹36.3 Cr; the latest was in May 2024.
The peers of Berger Paints India by revenue are Asian Paints Limited, JSW Dulux Limited, PPG Asian Paints Private Limited, JSW Paints Limited, Visen Industries Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Naresh Gujral ceased to be Director on 20 Aug 2024. Kanwardip Singh Dhingra was appointed as Director on 03 Aug 2024. Rishma Kaur was appointed as Director on 03 Aug 2024. Berger Paints India has 36 board changes on record in total.

