Berger Paints India Ltd Share Price

Berger Paints India Limited, established in 1923, started with a West Bengal factory. In 1947, it was acquired by British Paints (Holdings) Limited and renamed British Paints (India) Limited. In 1983, it was renamed Berger Paints India Limited. Presently, it is owned by the Dhingra brothers. Berger Paints, which went public in 1996, is listed on the NSE, BSE, and Calcutta Stock Exchange, and is included in major indices like Nifty 100 and Nifty 500.

Berger Paints expanded into Nepal in 2000 by acquiring Jenson & Nicholson, Nepal, renaming it Berger Jenson & Nicholson, Nepal. In 2007, Berger Paints Ltd opened a company partnered with Nippon Bee Chemical Co Ltd for automobile plastic part coatings. In 2012, It entered into the chemical business and expanded its offerings in chemical products.

Berger Paints India Limited, as of March 2023, is the second-largest paint company in India, fourth-largest in Asia, and seventh-largest worldwide. With a manufacturing capacity of 12,72,705 KL-MT and 29 facilities across India, Nepal, Poland, and Russia, the company has a distribution network of over 60,000 dealers and retailers. Checkout Berger Paints share price with BlinkX for more insights.

Business Segments of Berger Paints India Ltd

Berger Paints India Limited operates in two main business segments:

Decorative Products: This segment includes a variety of paint products for interior and exterior walls, waterproofing solutions, wood finishing, metal finishing, and more. Some renowned decorative products include Silk Glamor High Sheen, Easy Clean, Luxol 7 in 1, Luxol High Gloss Enamel, WeatherCoat LongLife 10, and Bison Wall Putty.
Industrial Products: This segment offers products for industrial applications such as exterior building materials and home appliances.They provide both powder coatings and protective coatings.

Subsidiaries of Berger Paints India Ltd

As of March 31, 2023, Berger Paints India Limited has five wholly-owned subsidiaries, including:

Beepee Coatings Private Limited: This subsidiary manufactures and supplies paints, resins, varnishes, and related products.
Berger Jenson & Nicholson (Nepal) Private Limited: This subsidiary manufactures and sells construction chemicals and decorative and industrial coatings in Nepal.
SBL Specialty Coatings Private Limited: In collaboration with a Korean company, this subsidiary produces Neostone, a non-PTFE-based non-stick ceramic coating.

Key Personnel of Berger Paints India Ltd

The CEO and managing director, Abhijit Roy, says: Since July 2012, Abhijit Roy has served as Berger Paints India Limited's managing director and CEO. He began his career at Asian Paints Limited and worked at L'Oréal before joining Berger Paints India.

Corporate Actions of Berger Paints India Ltd

Berger Paints India Limited has announced bonus shares on the following dates:

In 2016, the bonus share ratio was 2:5. The ex-date was July 15, 2016, and the record date was July 18, 2016.
In 2023, the bonus share ratio was 1:5. The ex-date was September 22, 2023, and the record date was September 23, 2023.

Berger Paints India Ltd

BERGEPAINT Share Price