Home MarketBerger Paints (India) Ltd.

Berger Paints (India) Ltd. Stock Info: As on 2018-05-24 15:59:50

Nse

293.25

11.50(4.08%)
Change%
52 Week Range
230.55
23.00
295.90
23.00
Open279.05
Day's Range253.58 - 309.93
Value Traded (in ₹ Cr.) 42.78

Bse

292.80

11.20(3.98%)
Change %
52 Week Range
230.80
23.00
296.10
23.00
Open281.95
Day's Range253.44 - 309.76
Value Traded (in ₹ Cr.) 2.93

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 140,656,782.00 14.49%
IndianPromoters 587,487,919.00 60.50%
Mutual Funds/UTI 14,080,509.00 1.45%
FII 55,667,651.00 5.73%
Employee 0.00 0.00%
Public 74,409,417.00 7.66%
Government 0.00 0.00%
Others 30,123,691.00 3.10%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 5.69
Basic EPS (Rs.) 4.60
Cash EPS 5.60
BVPerShare Excl 19.80
Operating Revenue 42.45
PBDITPerShare 7.33
Dividend 1.75
NPPerShare 4.60
Current Ratio 1.73
Quick Ratio 0.89
PriceToBV 12.20
Earnings 0.01
PBDIT Margin 17.26
PBT Margin 16.15
NP Margin 10.83
Return On Assets 14.62
Retention Ratios 78.25
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 4,170.20
Total Expenses 3,563.17
EBITDA 711.51
PBT 665.70
PAT 446.45
Net Income 446.45
More
Parameter Sep-17 (₹ Cr.) 6M % change
Total Income 2,312.53
Total Expenses 1,981.61
EBITDA 276.20
PBT 324.85
PAT 213.42
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 97.10
Net worth 1,922.14
Investments 577.62
Total Liability 3,052.39
Total debt 114.49
Net block 939.37
Total Assets 3,052.39
Parameter Sep-17 (₹ Cr.) 6M % change
Total share capital 69.35
Net worth 1,452.18
Investments 329.00
Total Liability 2,526.42
Total debt 247.02
Net block 738.43
Total Assets 2,526.42
Company Curr Price Prev. Close Change% W's Low/High

Akzo Nobel India Ltd.

1897.3 1908.5 -0.59
18971961.2

Asian Paints Ltd.

1293.6 1278.6 1.17
1269.61330

Jenson & Nicholson (India) Ltd.

3.2 3.2 0
3.23.2

Kansai Nerolac Paints Ltd.

497.65 492.45 1.06
483.15513.5

Shalimar Paints Ltd.

136.6 118.5 15.27
117.1132.7

SIL Business Enterprises Ltd.

6.6 6.85 -3.64
6.556.95
Company Curr Price Prev. Close Change% W's Low/High

Akzo Nobel India Ltd.

1897 1900.75 -0.2
1899.451958.85

Asian Paints Ltd.

1290.2 1278.2 0.94
1271.21328

Hardcastle & Waud Manufacturing Company Ltd.

360 368 -2.17
346.2417.95

Jenson & Nicholson (India) Ltd.

1.97 2.07 -4.83
1.971.97

Kansai Nerolac Paints Ltd.

499.95 491.55 1.71
485510.05

Killick Nixon Ltd.

14.69 15 -2.06
14.6115.01

Mitshi India Ltd.

19 18.98 0.11
18.6119.35
More
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities 338.00
Cash from investing activities -263.97
Cash from financing activities -72.53
Net change in cash 1.50

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Franklin India Smaller Companies Fund 1.36%
L&T Midcap Fund - Regular Plan 2.13%
UTI Equity Fund 0.81%
Aditya Birla Sun Life Advantage Fund 0.68%
L&T Tax Advantage Fund - Regular Plan 1.02%
UTI Bluechip Flexicap Fund 0.81%

M Venkatesh appointed MRPL MD

M Venkatesh has been appointed as the Managing Director of Mangalore Refineries and Petrochemicals Limited (MRPL), an order issued by the Personnel Ministry said today. Vekatesh is at present Director (Refineries) in the MRPL, a subsidiary of the Oil and Natural Gas Corporation Limited (ONGC) He has been appointed to the post for a period of five years with effect from the date of his assumption of charge of the post on or after June 1, 2018, or till the date of his superannuation, the order said.

24-05-2018 11:42

TCS expands operations in Florida as part of Transamerica deal

India's largest IT services firm TCS today said it has expanded operations in Florida, US, with over 430 employees joining the company as part of its deal with Transamerica. In January, Tata Consultancy Services (TCS) had signed an over USD 2 billion deal with Transamerica to administer the latter's life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products. It covered managing administration of more than 10 million policies. More than 430 former Transamerica employees now work for TCS at this new St Petersburg facility (in Florida) as part of recruiting and investing in more than 2,200 Transamerica jobs across the US in multiple locations, the Indian software services giant said in a statement. TCS will occupy several floors of Transamerica's building at 570 Carillon Parkway in St Petersburg, as part of a multi-year agreement with Transamerica... The St Petersburg office is a new US business centre for TCS, adding to the over 1,000 employees already serving American businesses throughout the state, it added. TCS said it has invested nearly USD 3 billion in the US over the past three years and has been among the top two IT services job creators in the country. TCS is a leading industry employer in the US, striving to help American companies like Transamerica to digitally transform their business and capitalise on rapidly evolving customer demands, TCS President and Global Head (Banking, Financial Services and Insurance Platforms) Suresh Muthuswami said. We look forward to partnering with St Petersburg's city, state and local organizations to further build upon our business and community impact, he added. The company said it has made tremendous community impact in Florida over past several years.

24-05-2018 11:16

Kotak India Growth Fund Series 4 - Direct Plan: change in investment factsheets for April

Kotak India Growth Fund Series 4 - Direct Plan has announced change in investment factsheets and fund flash for the month ended April 30, 2018. As on Apr 30, 2018, the total size of the Fund was Rs 429.99 crores, compared with Rs 424.96 crores in the last month. The Fund's NAV per unit was Rs 9.89 for Growth, while 52-Week High and Low ranges were Rs 10.35 and Rs 9.51 respectively. The Equity - Diversified fund with Growth plan was launched on Jan 29, 2018 and managed by Fund Managers Harsha Upadhyaya, Devender Singhal. The top five companies based on a percentage of total holdings were ITC Ltd. (35.18 Cr.), HDFC Bank Ltd. (19.44 Cr.), Mahindra & Mahindra Ltd. (19.21 Cr.), Tata Motors Ltd. (17.02 Cr.) and Bata India Ltd. (16.05 Cr.). Kotak India Growth Fund Series 4 - Direct Plan is promoted by Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Ltd..

24-05-2018 11:00

Kotak India Growth Fund Series 4: change in investment factsheets for April

Kotak India Growth Fund Series 4 has announced change in investment factsheets and fund flash for the month ended April 30, 2018. As on Apr 30, 2018, the total size of the Fund was Rs 429.99 crores, compared with Rs 424.96 crores in the last month. The Fund's NAV per unit was Rs 9.88 for Growth, while 52-Week High and Low ranges were Rs 10.34 and Rs 9.51 respectively. The Equity - Diversified fund with Growth plan was launched on Jan 29, 2018 and managed by Fund Managers Harsha Upadhyaya, Devender Singhal. The top five companies based on a percentage of total holdings were ITC Ltd. (35.18 Cr.), HDFC Bank Ltd. (19.44 Cr.), Mahindra & Mahindra Ltd. (19.21 Cr.), Tata Motors Ltd. (17.02 Cr.) and Bata India Ltd. (16.05 Cr.). Kotak India Growth Fund Series 4 is promoted by Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Ltd..

24-05-2018 11:00

BLS International to assist Sopra Steria on UK visa renewals

Visa service provider BLS International today said theUnited Kingdom Visas and Immigration (UKVI) has awarded Sopra Steria a new contract to enable visa renewals for those individuals who are already in the UK. BLS International will support Sopra Steria and UKVI, a division of the UK Home Office responsible for deciding who can visit and stay within the UK, by establishing and delivering some of the key add value services under the contract, it said in a release. BLS International claims to handle about 12 million visa applications annually across the globe at present. Meanwhile, shares of the company were trading at Rs 172.55 apiece, up 1 per cent from the previous close at 10:50 hours on BSE.

24-05-2018 10:51

Berger Paints' independent director settles case with Sebi

Berger Paints' Independent Director Kamal Ranjan Das has settled a case related to disclosure lapses with markets regulator Sebi after paying Rs 2 lakh towards settlement. The ruling comes after Das had filed an application with the regulator in June 2017, proposing to settle the matter pertaining to the delayed compliance of PIT (Prohibition of Insider Trading) regulations, without admitting or denying the findings of fact and conclusions of law, through a settlement order. Under PIT regulations, promoters, employees and directors of the company are required to disclose about their share transaction to the firm within two working days. In a settlement order dated May 18, the Securities and Exchange Board of India (Sebi) has settled the proceedings that could have been initiated against Das for the alleged default. The regulator further said it would not initiate any enforcement action against him for the default. In March this year, Das had proposed the settlement terms to settle the default after which Sebi's High Powered Advisory Committee in April recommended the case for settlement on payment of Rs 2 lakh. The recommendation was also accepted by the panel of whole time members of the regulator. Earlier this month, Das remitted Rs 2 lakh towards the settlement charges and accordingly, the regulator settled the proceedings against him. However, Sebi said if any representation made by Das in the settlement proceedings is subsequently discovered to be untrue, the regulator could take enforcement actions including commencing of proceedings against him.

24-May-2018 10:39 AM

Berger Paints I - Board to consider FY18 results & Dividend on May 30, 2018

Berger Paints India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2018, inter-alia, to transact the following business:-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on March 31, 2018;

2. To recommend Dividend, if any, for the year ended on March 31, 2018.

07-May-2018 11:20 AM

Berger Paints I - Board Meeting On 30/05/2017

Dear Sirs,

Sub: Intimation of Board Meeting
[ pursuant to Regulations 29(1)(a), 29(1)(e) and 47(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with the Stock Exchanges]

We would like to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, 30th May, 2018, inter-alia, to transact the following business :-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2018;

2. To recommend Dividend, if any, for the year ended on 31st March, 2018.

Thanking you,

Yours faithfully,
For BERGER PAINTS INDIA LIMITED



ANIRUDDHA SEN
SR.VICE PRESIDENT &
COMPANY SECRETARY

07-May-2018 11:10 AM

Berger Paints I - Board Meeting On 30/05/2018

Dear Sirs,

Sub: Intimation of Board Meeting
[ pursuant to Regulations 29(1)(a), 29(1)(e) and 47(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with the Stock Exchanges]

We would like to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, 30th May, 2018, inter-alia, to transact the following business :-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2018;

2. To recommend Dividend, if any, for the year ended on 31st March, 2018.

Thanking you,

Yours faithfully,
For BERGER PAINTS INDIA LIMITED

ANIRUDDHA SEN
SR.VICE PRESIDENT &
COMPANY SECRETARY

07-May-2018 10:59 AM

Berger Paints I - Board Meeting On 30Th May, 2018

Sub: Intimation of Board Meeting
[ pursuant to Regulations 29(1)(a), 29(1)(e) and 47(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with the Stock Exchanges]

We would like to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, 30th May, 2018, inter-alia, to transact the following business :-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2018;

2. To recommend Dividend, if any, for the year ended on 31st March, 2018.

Thanking you,

Yours faithfully,
For BERGER PAINTS INDIA LIMITED

ANIRUDDHA SEN
SR.VICE PRESIDENT &
COMPANY SECRETARY

07-May-2018 10:47 AM

Berger Paints I - Board to consider FY18 results & Dividend on May 30, 2018

Berger Paints India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2018, inter-alia, to transact the following business:-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on March 31, 2018;

2. To recommend Dividend, if any, for the year ended on March 31, 2018.

07-May-2018 11:20 AM

Berger Paints I - Board Meeting On 30/05/2017

Dear Sirs,

Sub: Intimation of Board Meeting
[ pursuant to Regulations 29(1)(a), 29(1)(e) and 47(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with the Stock Exchanges]

We would like to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, 30th May, 2018, inter-alia, to transact the following business :-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2018;

2. To recommend Dividend, if any, for the year ended on 31st March, 2018.

Thanking you,

Yours faithfully,
For BERGER PAINTS INDIA LIMITED



ANIRUDDHA SEN
SR.VICE PRESIDENT &
COMPANY SECRETARY

07-May-2018 11:10 AM

Berger Paints I - Board Meeting On 30/05/2018

Dear Sirs,

Sub: Intimation of Board Meeting
[ pursuant to Regulations 29(1)(a), 29(1)(e) and 47(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with the Stock Exchanges]

We would like to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, 30th May, 2018, inter-alia, to transact the following business :-

1. To consider and approve the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2018;

2. To recommend Dividend, if any, for the year ended on 31st March, 2018.

Thanking you,

Yours faithfully,
For BERGER PAINTS INDIA LIMITED

ANIRUDDHA SEN
SR.VICE PRESIDENT &
COMPANY SECRETARY

07-May-2018 10:59 AM

Corporate Details

About Management

1940's - James Wilfred Adamson, founder of the British Paints Organization, embarked on his career as a traveling salesman. Adamson bought his first Oil and Colour business in 1909. By 1917 Adamson was owning paint manufacturing companies in Rhodesia, Canada and the Caribbean. Elsewhere an Englishman, Mr. Hadfield, set up Hadfield's (India) Limited on 17 December, 1923, ...a small paint company in Calcutta. Towards the end of 1947 British Paints acquired Hadfield's (India) Limited and thus British Paints (India) Limited was incorporated in the State of West Bengal. What British Paints, (Holding), UK acquired was a company which at that time produced 150 tonnes of ready mixed stiff paints, varnishes and distempers. Our 1947 sales was a princely RS.25 lakhs, with a total employee strength of 100. The first Managing Director of British Paints was Mr. A. V. Niblett. 1950's - Sales offices were opened in Delhi and Mumbai and in 1951 a depot was started in Guwahati. Sales rose to Rs.6 million in 1952. The Company declared its first dividend and shifted the Head Office to 32, Chowringhee Road, Calcutta. By 1959, modernization of the Howrah Factory was completed and the first resin plant commissioned. With that, the Company entered the synthetics paints market. 1960's - Mr. R. A. Godwin took over as the Chairman & Managing Director in 1962 and initiated further modernization. By 1965 British Paints (Holdings) Limited, UK. was acquired by Celanese Corporation, U.S.A. As a result, the controlling interest of the Company passed on to CELEURO N.V., Holland. In 1969 Celanese Corporation sold their interest in the Indian Company to Berger, Jenson Nicholson Limited, UK. It was the beginning of the legacy of Lewis Berger in India - which the Company would later take forward to enviable heights. 1970's - Mr. D. Madhukar took over as the Managing Director in the year 1973. Under his expert stewardship the Company took the giant strides that made it the fastest growing company in the paint industry. Developments took place in every sphere...new sales offices added, newer products introduced, new markets opened up and new services offered. Sales reached over Rs. 160 million by 1978. 1980's - Mr. Biji K. Kurien takes over as Chief Executive in 1980. From 31 December 1983 the name of the Company was changed to Berger Paints India Limited (BPIL) with unanimous approval of the shareholders. By this time Berger's operations were divsionalised into the Retail Business Line (RBL) and the Industrial Business Line (IBL) in order to better cater to needs of our customers. - Simultaneously, the Company started using the trade name and mark BERGER. From 1983 till date, for more than two decades, the Company has solely used and developed the name and trademark of BERGER and all its other variants in India. BERGER became a household name in India. - During this period many new products were launched like "Luxol Silk" the first premium emulsion in India, Viton Refinish for cars, Bison Acrylic Distemper and Rangoli Acrylic Emulsion. 1990's - BERGER PROLINKS, a service aimed at providing paint and application related information to professionals was introduced marking one of our first steps into painting related services. - In 1991, the controlling stake in the Company was acquired by Mr. K S Dhingra, Mr. G S Dhingra and their associates. At that time the total sales of the Company was Rs 1.15 billion. - 1994 witnessed top management change. Mr. Biji K. Kurien, who was the Managing Director of the Company for the last 14 years, stepped down and Mr. Subir Bose, a 10 year veteran in the Company, took over as the new Managing Director. The sales of the Company touched 2.76 billion by 1995-96. - The latter half of the nineties saw BERGER attain the ISO - 9000 certification (1996) and establishment of BERGER's Quality Management System. - COLOR BANK tinting system was also launched through which the consumer can select from a range of over 5000 colours and which are then made available in minutes. - As part of its expansion program, a new paint-manufacturing unit at Pondicherry was commissioned in early 1997. - A Joint Venture - Berger Becker Coatings Limited, was started in Goa with Becker Industraifarg A. B., Sweden. - "In 1999, Rajdoot Paints Ltd. was merged with the Company. The merger resulted in addition of two new factories at Goa and Sikandrabad, U.P., a joint venture company by the name of Berger Becker Coatings Private Limited, a network of new depots and several new brands." 2000 - The Company proposes to expand its operation through acquisitions, both internally and externally, and strategic partnership, preferably with foreign firms. - Crisil has upgraded the fixed deposit programme of Berger Paints from FAA to FAA+. 2001 - Berger Paints India Ltd. has unveiled a new brand promotion strategy which it claims to be the first of its kind in the industry. - Despite a slight increase in sales, the net profit of Berger Paints India Ltd has dropped by around 10 per cent for the half-year ended September 30, 2001. - Berger Paints Ltd and ICI Ltd, have formed a 50:50 joint venture to manufacture auto and industrial coatings at Rishra in West Bengal. 2002 -Acquires 50% stake in Berger Auto & Industrial Coating Ltd. 2003 -BOD decided not to amalgamate Berger Auto & Industrial Coatings Ltd with the company. -Posts 54% growth in the net profit to Rs.14.14cr for the second quarter end. 2004 -Delhi based Punjab National Bank (PNB) and Bangalore-based Vijaya Bank enter into a four-way partnership with Principal Financial of the US and Berger Paints to set up an insurance broking company 2005 - The Motors & Industrial paints business of ICI India with its factory at Rishra, West Bengal was acquired as a 100% subsidiary Berger Auto & Industrial Coatings Limited and then merged with the Company in 2005. 2006 - Berger Paints India Ltd has entered into a Joint Venture Agreement (JV) with Nippon Bee Chemical Co Ltd of Japan for the purpose of formation of a Company for manufacture and sale of coatings for plastic substrates used in automobiles and parts thereof in India. -Berger Paints (India) Ltd has given the Bonus in the Ratio of 3:5 2007 - Berger Paints India Ltd has entered into a Joint Venture Agreement (JV) with Nippon Bee Chemical Co Ltd of Japan for the purpose of formation of a Company for manufacture and sale of coatings for plastic substrates used in automobiles and parts thereof in India. 2008 - Berger Paints India bought Polish firm Bolix SA, a leading provider of external insulation finishing system (EIFS) in the B2B segment. Berger Paints has bought for a net purchase price of $38.6 million (around Rs 1,54.7 crore). Berger Paints India acquired the entire bloc in the Polish firm held by global private equity group Advent International. - Berger Paints India Ltd has informed that Mr. Gerald Kenneth Adams has been appointed as a Director of the Company effective January 30, 2008. 2009 - Berger Paints India Ltd has informed that Mr. Pulak Prasad was appointed an Additional Director (non-whole time) of the Company under Section 260 of the Companies Act, 1956. 2010 - The Company's sales in the year ended 31 March 2010 was Rs 1822.7 crores. - Berger Paints, the paint major, is quite bullish on the expansion front as the company is going to make an investment of Rs 300 crore in order to set up a water-based paint plant at Hindupur in Anantapur district of Andhra Pradesh. 2011 -BergerPaints - Board recommended Final Dividend of Re. 0.80 per share (40%) of face value of Rs. 2/- each 2012 -Berger enters new chemicals business - Berger Paints introduces new products -Berger Paints gains over 2% on stake hike by UK Paints 2013 -Berger Paints acquired architectural operations of Sherwin Williams Paints. 2014 -Berger Paints Inaugurates New Facility in Hindupur, Andhra Pradesh. 2015 -Berger Paints - Berger Paints signs MOU with the Russian Government -Berger Paints India Ltd - Company's Powder Coating plant at Maharashtra has commenced commercial production 2016 -Berger Paints India Wins 1st Prize in NECA, 2016 2017 -Berger Paints India Ltd commenced commercial production of its paint and putty plant at Nalbari, Assam. -Berger Paints completes acquisition of Saboo Coatings. -Commencement of commercial production of Company's Decorative paints production at Naltali plant, Assam. -Commencement of commercial production of Company's Automotive and General Industrial paints production at Jejuri.

Registered Office

IIDC Centre Project, Bhomoraguri/Natali,

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Registrar Details

C B Management Services Ltd.