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Name of Company | Berger paints |
BSE Code | 509480 |
NSE Code | BERGEPAINT |
ICICI Code | |
Established | |
My Take | So-So. |
Headquarters | Kolkata |
Promoters | Dhingra brothers |
Story | Berger paint India ltd uses the brand name in India. In some other countries- this brand-name is owned by Asian paints. |
Sector | Paints |
Sub-sector | |
Website | |
Positives | Regular dividend payer. 75% promoter owned(none pledged). Very Low debt (24 Cr in FY10 for 119 Cr profit). |
Negatives | Revenue Growth from FY06 to FY10 has been from 987 Cr to 1688 Cr. Profit grew from 70 Cr to 119 Cr. 5-7% NPMs. Can buy at lower PEs as this is not huge growth player. Reserves are not shown in FY10. |
Peers | |
News | |
Price @ blogged | 98.45 (20-Oct-10) |
Cost of company | 3400 Cr for a 119 Cr FY10 NP which is around 28 times. |
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Oct 21, 2010
Berger Paints - 509480
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