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Fundamentals for Berger Paints India Limited
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Fundamentals for Berger Paints India Limited
Business Operations:
Sector: Basic MaterialsIndustry: Specialty Chemicals
Berger Paints India Limited manufactures and sells paints for home, professional, and industrial users in India and internationally. The company offers interior wall coatings, including designer finishes, interior emulsions, and ceiling paints; exterior wall coatings comprising exterior emulsions and textures, and roof and floor coatings; specialty industrial coatings; putty and cement paints; solvent, interior, exterior, metal, and wood primers; waterproofing solutions; wood finishes; enamels; aerosol spray paints, and DIY kits and stickers. It also provides automotive, fireproof, protective, floor, and powder coatings; road markings; construction chemicals, flooring compounds, bitumen and coal tar-based products, sealants and adhesives, and anti-corrosive coatings; lacquers; and various sanitization products. In addition, the company offers acrylic, silicate, and mineral plasters; thermal insulation adhesives; mortars; ready to use coat, wood effect, ribbed effect, concrete effect, and 3D effect panels; gel adhesives; and coil coating solutions. The company was formerly known as British Paints (India) Limited and changed its name to Berger Paints India Limited in December 1983. The company was incorporated in 1923 and is based in Kolkata, India. Berger Paints India Limited is a subsidiary of U. K. Paints India Private Limited.
Revenue projections:
Investors may be wary of BERGEPAINT as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 2.11500 |
|---|---|
| forwardPE | 40.02290 |
| debtToEquity | 9.16500 |
| earningsGrowth | 0.27700 |
| revenueGrowth | 0.06100 |
| grossMargins | 0.42533 |
| operatingMargins | 0.13271 |
| trailingEps | 9.64000 |
| forwardEps | 12.69898 |
Berger Paints India Limited's current ratio being 2.115 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
BERGEPAINT's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that BERGEPAINT's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
BERGEPAINT's stock price has repeatedly hovered near the lower end of projections. This trend indicates that the company may be facing obstacles in achieving the growth anticipated by analysts.
Insider Transactions:
In recent market activity, 16 sales of Berger Paints India Limited shares took place, with market price at 557.4218692779541.The period under consideration saw no sell transactions.The higher volume of buys compared to sells near current Berger Paints India Limited price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
BERGEPAINT has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view BERGEPAINT as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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