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- BERGER PAINTS - ASIAN PAINTS
BERGER PAINTS vs ASIAN PAINTS - Comparison Results
BERGER PAINTS 
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Established 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
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
Current Valuations
| BERGER PAINTS | ASIAN PAINTS | BERGER PAINTS/ ASIAN PAINTS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 62.0 | 60.3 | 102.8% | View Chart |
| P/BV | x | 14.1 | 13.8 | 102.4% | View Chart |
| Dividend Yield | % | 0.6 | 0.8 | 73.5% |
Financials
 BERGER PAINTS  ASIAN PAINTS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| BERGER PAINTS Mar-18 |
ASIAN PAINTS Mar-19 |
BERGER PAINTS/ ASIAN PAINTS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 286 | 1,508 | 19.0% | |
| Low | Rs | 231 | 1,113 | 20.7% | |
| Sales per share (Unadj.) | Rs | 53.2 | 201.6 | 26.4% | |
| Earnings per share (Unadj.) | Rs | 4.7 | 23.1 | 20.6% | |
| Cash flow per share (Unadj.) | Rs | 6.0 | 27.5 | 21.9% | |
| Dividends per share (Unadj.) | Rs | 1.80 | 10.50 | 17.1% | |
| Dividend yield (eoy) | % | 0.7 | 0.8 | 87.0% | |
| Book value per share (Unadj.) | Rs | 22.6 | 99.2 | 22.8% | |
| Shares outstanding (eoy) | m | 970.99 | 959.20 | 101.2% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 4.9 | 6.5 | 74.7% | |
| Avg P/E ratio | x | 54.4 | 56.8 | 95.8% | |
| P/CF ratio (eoy) | x | 42.9 | 47.6 | 90.1% | |
| Price / Book Value ratio | x | 11.4 | 13.2 | 86.6% | |
| Dividend payout | % | 37.9 | 45.5 | 83.3% | |
| Avg Mkt Cap | Rs m | 250,807 | 1,256,840 | 20.0% | |
| No. of employees | `000 | NA | 6.5 | 0.0% | |
| Total wages/salary | Rs m | 3,566 | 12,700 | 28.1% | |
| Avg. sales/employee | Rs Th | NM | 29,959.0 | - | |
| Avg. wages/employee | Rs Th | NM | 1,967.2 | - | |
| Avg. net profit/employee | Rs Th | NM | 3,426.1 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 51,657 | 193,415 | 26.7% | |
| Other income | Rs m | 459 | 2,271 | 20.2% | |
| Total revenues | Rs m | 52,116 | 195,686 | 26.6% | |
| Gross profit | Rs m | 8,070 | 35,245 | 22.9% | |
| Depreciation | Rs m | 1,242 | 4,307 | 28.8% | |
| Interest | Rs m | 246 | 510 | 48.1% | |
| Profit before tax | Rs m | 7,041 | 32,699 | 21.5% | |
| Minority Interest | Rs m | 6 | 408 | 1.6% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 2,439 | 10,988 | 22.2% | |
| Profit after tax | Rs m | 4,608 | 22,119 | 20.8% | |
| Gross profit margin | % | 15.6 | 18.2 | 85.7% | |
| Effective tax rate | % | 34.6 | 33.6 | 103.1% | |
| Net profit margin | % | 8.9 | 11.4 | 78.0% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 23,593 | 76,341 | 30.9% | |
| Current liabilities | Rs m | 14,027 | 50,289 | 27.9% | |
| Net working cap to sales | % | 18.5 | 13.5 | 137.5% | |
| Current ratio | x | 1.7 | 1.5 | 110.8% | |
| Inventory Days | Days | 71 | 59 | 119.7% | |
| Debtors Days | Days | 49 | 36 | 135.9% | |
| Net fixed assets | Rs m | 10,950 | 60,609 | 18.1% | |
| Share capital | Rs m | 971 | 959 | 101.2% | |
| "Free" reserves | Rs m | 20,974 | 94,238 | 22.3% | |
| Net worth | Rs m | 21,945 | 95,197 | 23.1% | |
| Long term debt | Rs m | 2,495 | 195 | 1,280.6% | |
| Total assets | Rs m | 39,434 | 156,613 | 25.2% | |
| Interest coverage | x | 29.7 | 65.1 | 45.6% | |
| Debt to equity ratio | x | 0.1 | 0 | 5,555.4% | |
| Sales to assets ratio | x | 1.3 | 1.2 | 106.1% | |
| Return on assets | % | 12.3 | 14.4 | 85.2% | |
| Return on equity | % | 21.0 | 23.2 | 90.4% | |
| Return on capital | % | 29.8 | 35.2 | 84.7% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 0 | 1,473 | 0.0% | |
| Fx outflow | Rs m | 0 | 27,570 | 0.0% | |
| Net fx | Rs m | 0 | -26,097 | 0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 4,219 | 22,143 | 19.1% | |
| From Investments | Rs m | -1,834 | -9,237 | 19.9% | |
| From Financial Activity | Rs m | -2,001 | -8,830 | 22.7% | |
| Net Cashflow | Rs m | 383 | 4,343 | 8.8% | |
Share Holding
| 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)
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Related Views on News
BERGER PAINTS Announces Quarterly Results (4QFY19); Net Profit Down 1.5% (Quarterly Result Update)
Jun 3, 2019 | Updated on Jun 3, 2019For the quarter ended March 2019, BERGER PAINTS has posted a net profit of Rs 1 bn (down 1.5% YoY). Sales on the other hand came in at Rs 15 bn (up 13.4% YoY). Read on for a complete analysis of BERGER PAINTS's quarterly results.
ASIAN PAINTS 2018-19 Annual Report Analysis (Annual Result Update)
May 30, 2019 | Updated on May 30, 2019Here's an analysis of the annual report of ASIAN PAINTS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ASIAN PAINTS. Also includes updates on the valuation of ASIAN PAINTS.
ASIAN PAINTS Announces Quarterly Results (4QFY19); Net Profit Down 1.9% (Quarterly Result Update)
May 10, 2019 | Updated on May 10, 2019For the quarter ended March 2019, ASIAN PAINTS has posted a net profit of Rs 5 bn (down 1.9% YoY). Sales on the other hand came in at Rs 50 bn (up 11.7% YoY). Read on for a complete analysis of ASIAN PAINTS's quarterly results.
BERGER PAINTS Announces Quarterly Results (3QFY19); Net Profit Up 5.3% (Quarterly Result Update)
Feb 4, 2019 | Updated on Feb 4, 2019For the quarter ended December 2018, BERGER PAINTS has posted a net profit of Rs 1 bn (up 5.3% YoY). Sales on the other hand came in at Rs 16 bn (up 20.8% YoY). Read on for a complete analysis of BERGER PAINTS's quarterly results.
ASIAN PAINTS Announces Quarterly Results (3QFY19); Net Profit Up 14.7% (Quarterly Result Update)
Jan 24, 2019 | Updated on Jan 24, 2019For the quarter ended December 2018, ASIAN PAINTS has posted a net profit of Rs 6 bn (up 14.7% YoY). Sales on the other hand came in at Rs 53 bn (up 24.1% YoY). Read on for a complete analysis of ASIAN PAINTS's quarterly results.
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Jun 25, 2019 03:37 PM
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