Berger Paints Share Price Target 2024, 2025, 2026, 2030, 2040, 2050
With 98 years of history, Berger Paints India Limited is a major paint company in India. The second-largest paint producer in India has grown and survived with its varied array of ornamental and industrial coatings. Berger Paints has grown its market share with over 50,000 dealers and 185 stock stations.
The company’s emphasis on luxury goods, technical innovation, and sustainable practices prepares it for local and worldwide expansion.
Fundamental Metrics
Contents
- 1 What is Berger Paints India Ltd NSE: BERGEPAINT?
- 2 Share Price Target Tomorrow
- 3 Share Price Target 2024
- 4 Berger Paints Share Price Target 2025
- 5 Berger Paints Share Price Target 2026
- 6 Berger Paints Share Price Target 2030
- 7 Share Price Target 2040
- 8 Share Price Target 2050
- 9 Should I Buy Berger Paints Stock?
- 10 Berger Paints India Ltd Earning Results
- 11 Expert Forecasts On The Future Of Berger Paints India Ltd.
- 12 Is Berger Paints Stock Good To Buy? (Bull Case & Bear Case)
- 13 Conclusion
- 14 FAQs
| Metric | Value |
| Market Cap | ₹58,785 Cr |
| P/E Ratio | 51.35 |
| EPS | ₹9.82 |
| ROE | 23.5% |
| Debt-to-Equity | 0.14 |
| EBITDA Margin | 31.8% |
Key Performance Indicators
| Metric | FY 2024 |
| Revenue | ₹11,199 Cr |
| Net Profit | ₹1,170 Cr |
| Operating Profit | ₹1,861 Cr |
| Operating Margin | 17% |
| Asset Turnover | 1.37 |
Peer Comparison
| Company | Market Cap (₹Cr) | P/E Ratio | Div Yield (%) |
| Asian Paints | 286,857 | 57.3 | 1.11 |
| Berger Paints | 64,882 | 65.25 | 0.63 |
| Kansai Nerolac | 23,180 | 33.42 | 1.31 |
| Akzo Nobel | 17,759 | 41.17 | 1.92 |
| Indigo Paints | 7,456 | 51.85 | 0.22 |
What is Berger Paints India Ltd NSE: BERGEPAINT?
Berger Paints India Limited India’s second-largest paint company, with 98 years of history. The British-born corporation dominates the Indian paint market with various ornamental and industrial coatings. Managing Director Shri Abhijit Roy and the Dhingra family have helped Berger Paints grow to over 50,000 dealers and 185+ stock sites nationwide.
Company Overview
- Founded: 1923
- Headquarters: Kolkata, India
- Market Capitalization: ₹61,974 Crores
- Current Share Price: ₹504.25
- Industry: Paints & Coatings
| Target Type | Price Change |
| Maximum Target | +19.37 |
| Minimum Target | -11.23 |
Berger Paints’ strong global presence and creative product line have helped it survive in the paint business. The company’s premium sector concentration, production expansion, and distribution network growth position it well into 2024. Digital efforts, eco-friendly goods, and tier 2 and 3 city penetration could boost growth. Cost optimization and raw material price stability boost margins.
By 2024, the price is expected to go from ₹450 to ₹700.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 450 | 700 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| November | 478 | 522 |
| December | 465 | 533 |
Berger Paints is predicted to increase in 2025 due to its rising market presence, new product introductions, and penetration of tier 2 and 3 cities. The company’s premium categories, sustainable goods, and digital transformation will boost value. Raw material price stability and operational efficiency gains should boost margins.
By 2025, the price is expected to range from ₹460 to ₹738.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 460 | 738 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 460 | 548 |
| February | 467 | 604 |
| March | 464 | 630 |
| April | 472 | 645 |
| May | 476 | 670 |
| June | 487 | 695 |
| July | 485 | 710 |
| August | 492 | 726 |
| September | 500 | 710 |
| October | 508 | 736 |
| November | 516 | 720 |
| December | 526 | 738 |
Berger Paints is expected to expand significantly in 2026 due to worldwide expansion, R&D spending, and paint production technology. Sustainable goods, digital change, and intelligent relationships with real estate developers could boost the company’s market worth. Raw material price stability and operational efficiency gains should boost profit margins.
The price is expected to range from ₹566 to ₹973 by 2026.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2026 | 566 | 973 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 528 | 767 |
| February | 541 | 753 |
| March | 539 | 779 |
| April | 603 | 794 |
| May | 633 | 839 |
| June | 650 | 896 |
| July | 675 | 836 |
| August | 729 | 889 |
| September | 742 | 958 |
| October | 745 | 944 |
| November | 770 | 948 |
| December | 786 | 973 |
Berger Paints is expected to increase by 2030 due to technological advances, market expansion, and sustainable product improvements. The company’s innovative manufacturing, digital, and foreign growth expenditures should pay off. Their eco-friendly goods and strong ornamental and industrial presence equip them for long-term success.
By 2030, the price is expected to go from ₹1,293 to ₹2,010.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 1,293 | 2,010 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 1,293 | 1,682 |
| February | 1,327 | 1,725 |
| March | 1,378 | 1,792 |
| April | 1,351 | 1,757 |
| May | 1,312 | 1,706 |
| June | 1,371 | 1,782 |
| July | 1,344 | 1,748 |
| August | 1,386 | 1,802 |
| September | 1,434 | 1,865 |
| October | 1,472 | 1,913 |
| November | 1,508 | 1,961 |
| December | 1,546 | 2,010 |
Berger Paints is predicted to develop significantly by 2040 due to innovative coating advancements, worldwide expansion, and a focus on sustainable goods. The paint industry’s projected CAGR of 4.4% through 2031 suggests continued growth potential beyond that period. Automation, digital transformation, and eco-friendly solutions position the organization for long-term value growth.
The price is expected to rise ₹4,725 to ₹7,890 by 2040.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2040 | 4,725 | 7,890 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 4,725 | 5,890 |
| February | 4,890 | 6,120 |
| March | 5,120 | 6,340 |
| April | 5,340 | 6,580 |
| May | 5,580 | 6,820 |
| June | 5,820 | 7,060 |
| July | 6,060 | 7,240 |
| August | 6,240 | 7,420 |
| September | 6,420 | 7,580 |
| October | 6,580 | 7,680 |
| November | 6,780 | 7,790 |
| December | 6,990 | 7,890 |
Berger Paints is expected to increase significantly by 2050 due to innovative coating technologies, artificial intelligence in production, and total digitization. The company’s long-term goals include sustainable coatings leadership, innovative paint solutions, and worldwide growth. Urbanization, infrastructural expansion, and sustainable construction materials will grow the company.
By 2050, the price is expected to go from ₹12,890 to ₹18,750.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 12,890 | 18,750 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 12,890 | 13,920 |
| February | 13,240 | 14,380 |
| March | 13,680 | 14,890 |
| April | 14,120 | 15,340 |
| May | 14,580 | 15,890 |
| June | 15,120 | 16,340 |
| July | 15,680 | 16,890 |
| August | 16,240 | 17,340 |
| September | 16,890 | 17,780 |
| October | 17,340 | 18,120 |
| November | 17,890 | 18,450 |
| December | 18,240 | 18,750 |
Should I Buy Berger Paints Stock?
Investors could expect mixed results from Berger Paints stock based on market data. The second-largest paint producer in India, with a market share of 20.9%, has survived a competitive market. However, recent financial results show problems.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 450 | 700 |
| 2025 | 480 | 738 |
| 2026 | 566 | 973 |
| 2030 | 1,293 | 2,010 |
| 2040 | 4,725 | 7,890 |
| 2050 | 12,890 | 18,750 |
In Q2 FY2024-25, Berger Paints’ net profit dropped 7.5% to ₹269.6 crore, while sales remained stable at ₹2,774.6 crore, up 0.3%. The EBITDA margin fell to 15.7% from 17.1% in the same quarter last year. These numbers show rising competition and raw material prices are affecting profitability.
Berger Paints has solid foundations and growth prospects despite these short-term concerns. The company’s development into new markets and product categories and concentration on premium and luxury sectors may boost growth. Berger Paints may also profit from the Indian paint industry’s 8-10% CAGR over the next five years.
Berger Paints stock buyers should examine these aspects, as well as risk tolerance and investing objectives. Reviewing the company’s performance over the following quarters may help determine its capacity to overcome market hurdles and seize growth prospects.
Berger Paints India Ltd Earning Results
| Metric | Q2 FY25 | Q2 FY24 | YoY Change |
| Net Profit | ₹269.6 Cr | ₹291.6 Cr | -7.5% |
| Revenue | ₹2,774.6 Cr | ₹2,767.3 Cr | +0.3% |
| EBITDA | ₹434.2 Cr | ₹473.7 Cr | -8.3% |
| EBITDA Margin | 15.7% | 17.1% | -1.4% |
Expert Forecasts On The Future Of Berger Paints India Ltd.
A complete Berger Paints India Ltd. projection based on current analyst reports and market analysis:
- Despite quarterly issues, the company’s future seems bright. Berger Paints is poised for continued expansion with a market value of ₹58,785 crores and a significant presence in decorative and industrial categories.
- Over the next three years, the business expects 10.2% annual profit growth and 9.6% annual sales growth. Due to proactive pricing control and operational efficiency, their EBITDA margin should stabilize at 17%.
- Berger Paints plans to treble its sales to ₹20,000 crores by 2029, boosted by capacity development projects like the Panagarh plant, which would expand output by 25% by 2027.
- Analysts predict the company’s premium categories and eco-friendly items will boost its market position with a 19.6% return on equity over three years.
- Recent R&D and digital expenditures and the planned conversion of the Howrah facility into a bigger research center by 2025 demonstrate a commitment to innovation and sustainable development.
Is Berger Paints Stock Good To Buy? (Bull Case & Bear Case)
Bull Case:
- Strong market position with 20.9% market share, up from 19.7% last year.
- We aim to spend ₹1,800 crore over three years for capacity development and new factories.
- Focus on premium, high-margin areas, and new product releases.
- Tier 2 and 3 city strategic growth with expanded distribution network.
- Strong long-term growth with 8-10% paint industry CAGR.
Bear Case:
- Net profit fell 7.5% to ₹269.6 crore in Q2 FY24, below expert expectations.
- Grasim Industries’ paint entrance increases competitiveness.
- Profit margins are affected by raw material price fluctuation.
- FII holdings fell from 10.68% to 10.66% in March 2024.
- Flat 0.3% YoY revenue growth disappointed market expectations.
Conclusion
Based on extensive investigation, Berger Paints is a good long-term investment despite short-term issues. Although present prices look high, the company’s excellent fundamentals, market position, and growth objectives predict value appreciation. The stock may be volatile but has potential long-term growth possibilities, so investors should examine their risk tolerance and investment horizon.
