Berger Paints India Ltd is an Indian multinational paint company, based in Kolkata. Berger Paints is the 2nd Largest paint company in India, the 4th Largest paint company in Asia, and the 7th Largest decorative paint company in the world. Berger Paints Ltd was established in 1923, and in the last 100 years has become one of India's leading paint manufacturers.
The company has evolved from its humble beginnings when Mr. Hadfield set up Hadfield's (India) Ltd., a small paint company in Calcutta on 17 December 1923. Over the decades, the company has transformed through various ownership changes and strategic decisions. In 1991, UB Group sold the company to Kuldip Singh Dhingra, a shopkeeper from Amritsar, and Gurbachan Singh Dhingra. Currently, Berger Paints is under the management of the Dhingra brothers, who hold the majority stake in the company.
This company has 16 manufacturing units in India, 2 in Nepal, and 1 each in Poland, Russia and Pakistan. It has manufacturing units at Howrah, Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry and Anand. The company has presence in six countries – India, Pakistan, Russia, Poland, Nepal and Bangladesh.
The company's extensive distribution network spans across India with an employee strength of over 3,600 and a countrywide distribution network of more than 25,000 dealers. Berger Paints India Limited manufactures and markets a range of decorative and industrial paint products and has operations throughout India with seven manufacturing facilities, more than 135 depots, approximately 4,000 employees and more than 15,000 dealers.
Berger Paints India is engaged in the Manufacturing and selling of Paints. Berger Paints India Ltd (Berger) manufactures and markets paints, varnishes, enamels, and lacquers. The company's product portfolio includes exterior wall coatings, interior wall coatings, protective coating, metal and wood paints, undercoats, and construction chemicals.
The company has been consistently innovating its product offerings. In 2024, Company launched 'Berger Ceiling White', a bright white matt finish paint designed specifically for ceilings. Our latest launches in the form of Roof Kool & Seal and Tank Kool have seen enthusiastic acceptance in the market and we hope to see similar reception to the remaining launches scheduled for the upcoming season.
The market cap of Berger Paints India Ltd (BERGEPAINT) is ₹66456.00 Cr as of 27th June 2025. The company has demonstrated strong financial performance over the years, with consistent revenue growth and profitability.
- For the full year, net profit rose 1.08% to Rs 1180.40 crore in the year ended March 2025 as against Rs 1167.74 crore during the previous year ended March 2024. Sales rose 3.09% to Rs 11544.71 crore in the year ended March 2025 as against Rs 11198.92 crore during the previous year ended March 2024.
- Net profit of Berger Paints India rose 17.99% to Rs 262.05 crore in the quarter ended March 2025 as against Rs 222.10 crore during the previous quarter ended March 2024. Sales rose 7.29% to Rs 2704.03 crore in the quarter ended March 2025 as against Rs 2520.28 crore during the previous quarter ended March 2024.
- Net profit of Berger Paints India declined 1.51% to Rs 295.13 crore in the quarter ended December 2024 as against Rs 299.65 crore during the previous quarter ended December 2023. Sales rose 3.24% to Rs 2975.06 crore in the quarter ended December 2024 as against Rs 2881.83 crore during the previous quarter ended December 2023.
Meanwhile, the company's board has recommended a dividend of Rs 3.80 per equity share for the financial year 2024-25, subject to approval of the shareholders at the 101st Annual General Meeting. The current dividend yield of Berger Paints India Ltd (BERGEPAINT) is 0.67.
The company continues to focus on expanding its market presence and product innovation. The Company commissioned brown field expansions at its Rishra and Goa Plant. New Rooftop Solar Power Plants also commissioned at Sandila, Puducherry and Jammu factories. These initiatives demonstrate the company's commitment to sustainable manufacturing practices and operational efficiency.
Berger Paints anticipates high employee costs at 12-13% of revenue as it ramps up manpower to maintain market share amid rising competition. Despite challenges from new entrants like Birla Opus, the company expects to gain market share and sees improved performance in the decorative paints segment by FY26 due to urban demand recovery and easing inflation.
The CEO and Managing Director of Berger Paints Ltd is Mr. Abhijit Roy, who leads the company's operations and strategy in the decorative and industrial coatings sector. Promoter holding in Berger Paints India Ltd has gone up to 74.99 per cent as of Mar 2025 from 74.99 per cent as of Jun 2024.
The company is well-positioned to capitalize on India's growing construction and infrastructure sector, with its extensive distribution network, diverse product portfolio, and strong financial fundamentals supporting its market leadership position in the paint industry.
