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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 are expected to be cautious with Berger Paints India Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 2.115000 |
|---|---|
| forwardPE | 42.663513 |
| debtToEquity | 9.165000 |
| earningsGrowth | 0.277000 |
| revenueGrowth | 0.061000 |
| grossMargins | 0.425330 |
| operatingMargins | 0.132710 |
| trailingEps | 9.640000 |
| forwardEps | 12.618510 |
BERGEPAINT's current ratio of 2.115 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. BERGEPAINT's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
BERGEPAINT's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting BERGEPAINT to generate stronger earnings compared to the previous financial year.
Price projections:
BERGEPAINT's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.
Insider Transactions:
18 transactions were made to sell Berger Paints India Limited shares, with market price of 553.2444424099392.During the period under consideration, no sell transactions took place.More recent purchases than sales at current price levels for BERGEPAINT could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.
Recommendation changes over time:
With analysts showing a buy bias for Berger Paints India Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Berger Paints India Limited as a safe and profitable place for investors to allocate their funds and seek growth.
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