X
Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.
This is an entirely free service. No payments are to be made.Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.
This is an entirely free service. No payments are to be made.
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
ChangeEstablished in 1923, Berger Paints is the amongst the largest paint manufacturers in India. The company manufactures and markets decorative & industrial paint products under various product brands. It has operations spread across India with seven man... More
Asian Paints is the leader in the Indian paint industry. Through a 50:50 joint venture with PPG Industries, US, the company also has presence in the automotive paints segment. In FY12, the company announced its plan forming a new 50:50 joint venture ... More
| BERGER PAINTS | ASIAN PAINTS | BERGER PAINTS/ ASIAN PAINTS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 51.6 | 58.0 | 89.1% | View Chart |
| P/BV | x | 16.1 | 14.4 | 111.5% | View Chart |
| Dividend Yield | % | 0.3 | 0.9 | 29.4% |
 BERGER PAINTS  ASIAN PAINTS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| BERGER PAINTS Mar-16 |
ASIAN PAINTS Mar-17 |
BERGER PAINTS/ ASIAN PAINTS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 284 | 1,230 | 23.0% | |
| Low | Rs | 171 | 843 | 20.3% | |
| Sales per share (Unadj.) | Rs | 66.8 | 159.4 | 41.9% | |
| Earnings per share (Unadj.) | Rs | 5.3 | 21.0 | 25.4% | |
| Cash flow per share (Unadj.) | Rs | 6.8 | 24.6 | 27.6% | |
| Dividends per share (Unadj.) | Rs | 0.65 | 10.30 | 6.3% | |
| Dividend yield (eoy) | % | 0.3 | 1.0 | 28.8% | |
| Book value per share (Unadj.) | Rs | 21.3 | 79.3 | 26.9% | |
| Shares outstanding (eoy) | m | 693.48 | 959.20 | 72.3% | |
| Bonus/Rights/Conversions | ESOS | - | - | ||
| Price / Sales ratio | x | 3.4 | 6.5 | 52.3% | |
| Avg P/E ratio | x | 42.6 | 49.3 | 86.4% | |
| P/CF ratio (eoy) | x | 33.6 | 42.2 | 79.5% | |
| Price / Book Value ratio | x | 10.7 | 13.1 | 81.5% | |
| Dividend payout | % | 12.2 | 49.0 | 24.9% | |
| Avg Mkt Cap | Rs m | 157,628 | 994,259 | 15.9% | |
| No. of employees | `000 | 2.8 | 6.2 | 45.5% | |
| Total wages/salary | Rs m | 2,813 | 10,863 | 25.9% | |
| Avg. sales/employee | Rs Th | 16,538.6 | 24,837.9 | 66.6% | |
| Avg. wages/employee | Rs Th | 1,003.9 | 1,764.6 | 56.9% | |
| Avg. net profit/employee | Rs Th | 1,319.7 | 3,275.2 | 40.3% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 46,341 | 152,902 | 30.3% | |
| Other income | Rs m | 345 | 2,626 | 13.1% | |
| Total revenues | Rs m | 46,686 | 155,528 | 30.0% | |
| Gross profit | Rs m | 6,554 | 30,214 | 21.7% | |
| Depreciation | Rs m | 1,000 | 3,388 | 29.5% | |
| Interest | Rs m | 290 | 306 | 94.9% | |
| Profit before tax | Rs m | 5,609 | 29,146 | 19.2% | |
| Minority Interest | Rs m | 0 | 496 | 0.0% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 1,911 | 9,480 | 20.2% | |
| Profit after tax | Rs m | 3,698 | 20,162 | 18.3% | |
| Gross profit margin | % | 14.1 | 19.8 | 71.6% | |
| Effective tax rate | % | 34.1 | 32.5 | 104.7% | |
| Net profit margin | % | 8.0 | 13.2 | 60.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 18,003 | 69,657 | 25.8% | |
| Current liabilities | Rs m | 11,424 | 38,849 | 29.4% | |
| Net working cap to sales | % | 14.2 | 20.1 | 70.5% | |
| Current ratio | x | 1.6 | 1.8 | 87.9% | |
| Inventory Days | Days | 60 | 63 | 95.2% | |
| Debtors Days | Days | 57 | 35 | 164.1% | |
| Net fixed assets | Rs m | 10,387 | 35,597 | 29.2% | |
| Share capital | Rs m | 693 | 959 | 72.3% | |
| "Free" reserves | Rs m | 14,098 | 75,064 | 18.8% | |
| Net worth | Rs m | 14,792 | 76,023 | 19.5% | |
| Long term debt | Rs m | 2,144 | 411 | 522.1% | |
| Total assets | Rs m | 29,191 | 124,198 | 23.5% | |
| Interest coverage | x | 20.3 | 96.3 | 21.1% | |
| Debt to equity ratio | x | 0.1 | 0 | 2,683.3% | |
| Sales to assets ratio | x | 1.6 | 1.2 | 128.9% | |
| Return on assets | % | 13.7 | 16.5 | 82.9% | |
| Return on equity | % | 25.0 | 26.5 | 94.3% | |
| Return on capital | % | 34.8 | 39.2 | 88.9% | |
| Exports to sales | % | 0.1 | 0.9 | 6.2% | |
| Imports to sales | % | 11.0 | 13.7 | 80.1% | |
| Exports (fob) | Rs m | 25 | 1,336 | 1.9% | |
| Imports (cif) | Rs m | 5,087 | 20,954 | 24.3% | |
| Fx inflow | Rs m | 27 | 1,336 | 2.0% | |
| Fx outflow | Rs m | 5,130 | 22,014 | 23.3% | |
| Net fx | Rs m | -5,103 | -20,678 | 24.7% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 5,982 | 15,273 | 39.2% | |
| From Investments | Rs m | -2,572 | -6,561 | 39.2% | |
| From Financial Activity | Rs m | -3,724 | -7,564 | 49.2% | |
| Net Cashflow | Rs m | -314 | 1,148 | -27.4% | |
| Indian Promoters | % | 60.5 | 52.8 | 114.6% | |
| Foreign collaborators | % | 14.5 | 0.0 | - | |
| Indian inst/Mut Fund | % | 2.6 | 8.8 | 29.5% | |
| FIIs | % | 11.9 | 18.1 | 65.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 10.5 | 20.3 | 51.7% | |
| Shareholders | 34,402 | 147,143 | 23.4% | ||
| Pledged promoter(s) holding | % | 0.0 | 13.8 | - |
Compare BERGER PAINTS With: SHALIMAR PAINTS ASAHI SONGWON KANSAI NEROLAC AKZO NOBEL
Compare BERGER PAINTS With: PPG IND. (US) AKZO NOBEL (Netherland)
|
| |
Indian share markets snapped their losing streak of last week and finished the trading day on a strong note due to strong buying momentum in FMCG stocks, metal stocks and auto stocks.
Asian Paints registers 10.4% YoY growth in profits during 4QFY17 with double-digit volume growth in the decorative segment.
Asian Paints has reported a 2.6% YoY increase in the topline and a 0.6% YoY decline in the bottomline during the quarter.
Asian Paints has reported a 10.2% YoY increase in the topline while the bottomline has grown by 18% YoY
Asian Paints has reported a 9.1% YoY increase in the topline while the bottomline has grown by 17.9% YoY.
Asian Paints has reported a 12.3% YoY rise in the topline while the bottomline has grown by 20% YoY.
More Views on NewsThe data tells us quite a different story from the one the government is trying to project.
The small-cap space is full of small players that are clear proxies to great growth stories and Indian megatrends.
Bharat-22 is one of the most diverse ETFs offered so far by the Government. Know here if you should invest...
The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.
Raksha Bandhan signifies the brother-sister bond. Here are 7 thoughtful financial gifts for sisters...
More|
| |
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | Advertise | About | Sitemap
Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
