Berger Paints is one of the oldest and most successful paint manufacturing companies in India. With over 100 years of experience in the industry, Berger Paints is the market leader in paint production in India and has a presence in more than 10 countries in Asia, Africa, and the Middle East. Berger Paints is renowned for its quality of paints and its wide range of products that cater to the needs of both commercial and residential customers.
The company is known for its quality and innovation, and its products are highly sought after in the market. Berger Paints has a strong presence in both the domestic and international markets, and it is constantly enhancing its portfolio of products to meet the needs of its customers. The company has also strengthened its presence in the online market, and it has recently launched a new website that enables customers to order products online.
Berger Paints is the second-best paints company by market cap, only after Asian Paints. As of 17th May, Berger Paints is trading at Rs. 489 with a market cap of Rs. 57,060 Crore.
Berger Paints Stock History
The stock price of Berger Paints has been on an upward trend till July 2021 and then we saw the share price correct by approximately 35% which seems to be a healthy correction. The company’s stock price since then has gone up by an impressive 20% and looks like the next trend has just started. Berger Paints’ current share price stands at Rs 572, and analysts expect it to reach Rs 606.39 by the end of 2024.
You can buy Berger Paints shares in India by opening a trading account with a broker. You will need to provide your personal details, such as your PAN number, bank details, and other personal documents. Once the trading account is opened, you can buy Berger Paints shares using the broker’s online trading platform. You can also buy Berger Paints shares through a mutual fund or a portfolio management service. Some online platforms to buy shares are Zerodha, Sharekhan, and Upstox.
| When | Maximum Price | Minimum Price |
| May 2024 | 528.12 | 459.23 |
| June 2024 | 547.13 | 475.77 |
| July 2024 | 541.66 | 471.01 |
| August 2024 | 563.33 | 489.85 |
| September 2024 | 585.86 | 509.44 |
| October 2024 | 574.37 | 499.45 |
| November 2024 | 591.60 | 514.44 |
| December 2024 | 606.39 | 527.30 |
Berger Paints’ share price is projected to range between ₹459.23 and ₹606.39 throughout 2024, with the highest target in December and the lowest in May, indicating a steady upward trend.
| When | Maximum Price | Minimum Price |
| January 2025 | 618.52 | 475.79 |
| February 2025 | 634.38 | 487.99 |
| March 2025 | 659.12 | 507.02 |
| April 2025 | 646.20 | 497.08 |
| May 2025 | 627.38 | 482.60 |
| June 2025 | 655.61 | 504.31 |
| July 2025 | 642.75 | 494.43 |
| August 2025 | 662.63 | 509.72 |
| September 2025 | 685.83 | 527.56 |
| October 2025 | 703.66 | 541.27 |
| November 2025 | 721.25 | 554.81 |
| December 2025 | 739.28 | 568.68 |
| When | Maximum Price | Minimum Price |
| January 2026 | 761.46 | 585.74 |
| February 2026 | 780.98 | 600.76 |
| March 2026 | 811.44 | 624.19 |
| April 2026 | 795.53 | 611.95 |
| May 2026 | 772.36 | 594.12 |
| June 2026 | 807.12 | 620.86 |
| July 2026 | 791.29 | 608.68 |
| August 2026 | 815.76 | 627.51 |
| September 2026 | 844.31 | 649.47 |
| October 2026 | 866.27 | 666.36 |
| November 2026 | 887.92 | 683.02 |
| December 2026 | 910.12 | 700.09 |
| When | Maximum Price | Minimum Price |
| January 2027 | 928.32 | 714.10 |
| February 2027 | 952.13 | 732.41 |
| March 2027 | 989.26 | 760.97 |
| April 2027 | 969.86 | 746.05 |
| May 2027 | 941.61 | 724.32 |
| June 2027 | 983.99 | 756.91 |
| July 2027 | 964.69 | 742.07 |
| August 2027 | 994.53 | 765.02 |
| September 2027 | 1,029.34 | 791.80 |
| October 2027 | 1,056.10 | 812.38 |
| November 2027 | 1,082.50 | 832.69 |
| December 2027 | 1,109.57 | 853.51 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,131.76 | 870.58 |
| February 2028 | 1,160.78 | 892.90 |
| March 2028 | 1,206.05 | 927.73 |
| April 2028 | 1,182.40 | 909.54 |
| May 2028 | 1,147.96 | 883.05 |
| June 2028 | 1,199.62 | 922.78 |
| July 2028 | 1,176.10 | 904.69 |
| August 2028 | 1,212.47 | 932.67 |
| September 2028 | 1,254.91 | 965.31 |
| October 2028 | 1,287.53 | 990.41 |
| November 2028 | 1,319.72 | 1,015.17 |
| December 2028 | 1,352.72 | 1,040.55 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,379.77 | 1,061.36 |
| February 2029 | 1,415.15 | 1,088.58 |
| March 2029 | 1,470.34 | 1,131.03 |
| April 2029 | 1,441.51 | 1,108.85 |
| May 2029 | 1,399.52 | 1,076.56 |
| June 2029 | 1,462.50 | 1,125.00 |
| July 2029 | 1,433.83 | 1,102.94 |
| August 2029 | 1,478.17 | 1,137.05 |
| September 2029 | 1,529.91 | 1,176.85 |
| October 2029 | 1,569.68 | 1,207.45 |
| November 2029 | 1,608.93 | 1,237.64 |
| December 2029 | 1,649.15 | 1,268.58 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,682.13 | 1,293.95 |
| February 2030 | 1,725.26 | 1,327.13 |
| March 2030 | 1,792.55 | 1,378.88 |
| April 2030 | 1,757.40 | 1,351.85 |
| May 2030 | 1,706.21 | 1,312.47 |
| June 2030 | 1,782.99 | 1,371.53 |
| July 2030 | 1,748.03 | 1,344.64 |
| August 2030 | 1,802.10 | 1,386.23 |
| September 2030 | 1,865.17 | 1,434.75 |
| October 2030 | 1,913.66 | 1,472.05 |
| November 2030 | 1,961.51 | 1,508.85 |
| December 2030 | 2,010.54 | 1,546.57 |
Berger Paints Financial Condition: Last 5 Years
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales (Crore Rs.) |
6,062 | 6,366 | 6,818 | 8,762 | 10,568 |
| Expenses (Crore Rs.) |
5,127 | 5,313 | 5,635 | 7,431 | 9,090 |
| Operating Profit (Crore Rs.) |
935 | 1,053 | 1,182 | 1,331 | 1,478 |
| OPM % (Crore Rs.) |
15% | 17% | 17% | 15% | 14% |
| Other Income (Crore Rs.) |
60 | 69 | 51 | 68 | 48 |
| Interest (Crore Rs.) |
47 | 47 | 44 | 51 | 99 |
| Depreciation (Crore Rs.) |
182 | 191 | 211 | 227 | 264 |
| Profit before tax (Crore Rs.) |
765 | 883 | 979 | 1,122 | 1,162 |
| Tax % | 35% | 26% | 26% | 26% | 26% |
| Net Profit (Crore Rs.) |
494 | 656 | 720 | 833 | 860 |
| EPS in Rs (Crore Rs.) |
5.09 | 6.77 | 7.41 | 8.57 | 8.85 |
| Dividend Payout % |
37% | 32% | 38% | 36% | 36% |
Also read:
- Asian Paints Share Price Target 2024 to 2030
- PayTM Share Price Target 2024 to 2030
- Yes Bank Share Price Prediction 2024 to 2030
FAQs
Will Berger Paints’ stock price grow in 2024?
Yes, Berger Paints’ stock price is expected to grow in 2024. The company’s current share price is around Rs 489, and analysts have estimated that Berger Paints’ price will reach ₹606.39 by the end of 2024.
What future is anticipated for Berger Paints in 2025?
Analysts expect Berger Paints’ stock price to reach Rs 739.28 by the end of 2025. Berger Paints’ focus on innovation and quality is expected to help it maintain its growth in the coming years.
Can Berger Paints reach 2,000 INR?
Yes, Berger Paints is expected to reach Rs 2,000 by the end of 2030. This growth is attributed to the company’s focus on quality and innovation, as well as its expanding presence in the international markets.
In 2030, Berger Paints is expected to trade in between ₹1,293.95 and ₹2,010.54.
Conclusion: Sustained Growth and Market Leadership for Berger Paints
Berger Paints, a century-old leader in the Indian paint industry, is renowned for its quality, innovation, and diverse product range catering to commercial and residential markets. With a robust presence in over 10 countries and a strong online market strategy, Berger Paints has demonstrated consistent financial growth and resilience.
The stock has recovered from a 35% correction in 2021, and analysts project continued growth, reaching ₹606.39 in 2024 and potentially ₹2,000 by 2030. The company’s strategic focus on innovation and market expansion positions it well for sustained future success.
What did we learn?
- 1 Berger Paints Stock History
- 2 How to Buy Berger Paints’ Shares in India?
- 3 Berger Paints’ Share Price Prediction 2024 to 2030
- 3.1 Berger Paints’ Share Price Target for 2024
- 3.2 Berger Paints’ Share Price Target for 2025
- 3.3 Berger Paints’ Share Price Target 2026
- 3.4 Berger Paints’ Share Price Target 2027
- 3.5 Berger Paints’ share price target 2028
- 3.6 Berger Paints’ share price target 2029
- 3.7 Berger Paints’ share price target 2030
- 4 Berger Paints Financial Condition: Last 5 Years
- 5 FAQs
- 6 Conclusion: Sustained Growth and Market Leadership for Berger Paints
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