Berger Paints is an Indian company that makes and sells paints. Founded in 1923, it is headquartered in Kolkata. It is the second-largest paint company in the country.
Berger Paints India Limited had very humble beginnings. Its origins trace back to the 18th century when Lewis Berger founded the brand in the UK in 1760.
Berger’s journey in India started in 1923 when Hadfields (India) Limited set up its office on 2 acres of land in one of India’s first industrial towns close to Kolkata in Howrah, West Bengal. Subsequently, British Paints (Holdings) Limited bought over Hadfield’s (India) Limited, and the name changed to British Paints (India) Ltd in 1947.
In 1965, a US-based company, Celanese Corporation, acquired British Paints (Holdings) Limited, and the controlling interests of British Paints India Ltd were captured by CELEURO NV, Holland, a Celanese subsidiary. By 1969, the Celanese corporation sold the Indian interests to Berger, Jenson & Nicholson, UK, and from then on, British Paints (India) Ltd came to be known as a member of the Berger group.
In 1976, the foreign holding in the company was below 40% and the majority of the shares were taken over by the UB Group. In 1983, British Paints (India) Limited became Berger Paints India Limited with its new name. In 1991, again a major change happened in the company’s ownership when the Delhi-based Dhingra brothers, KS Dhingra and GS Dhingra, bought stakes. Presently, Dhingras hold a 73% stake in Berger Paints India.
Berger Paints India Ltd. has a total market capitalization of over ₹69,000 crores. Berger Paints share price fell by over 12% in the last 3 years.
Business operations
Berger Paints’ product range comprises paints, primers, enamels and coatings for various surfaces. Some of its signature brands are Berger Silk Glamor, Berger Easy Clean and Berger WeatherCoat LongLife Flexo.
The company has 25 strategically located manufacturing facilities including its subsidiaries across the nation. The company shares its global reach in four countries – Nepal, Bangladesh, Poland and Russia.
Berger Paints has two overseas manufacturing units in Nepal and one each in Poland and Russia. It has a massive strength of over 3,600 workers. The brand has a nationwide distribution chain with over 60,000 dealers and 184 warehouses, making it a game changer in the paint industry. Berger Paints also has an expansive network with over 60,000 touchpoints, supported by a dedicated team of more than 1,000 on-roll sales personnel and an additional 2,000 contractual sales personnel.
On the capacity expansion front, Berger’s biggest plant at Sandila, Uttar Pradesh, started producing 33,000 metric tonnes of products in all categories this fiscal year. Further, the company aims to expand its capacity with a new plant at Panagarh in West Bengal in 2025-26, which will produce industrial paints, solvent-based paint, and construction chemicals.
Berger Paints Financial Highlights
- Revenue: Berger Paints reported revenue of ₹11,986.95 crore in FY26 vs ₹11,639.49 crore in FY25. It showed an increase of 2.99% on a yearly basis.
- Operating Profit: Berger Paints reported an operating profit of ₹1,488.10 crore in FY26 vs ₹1,568.47 crore in FY25. It showed a decrease of 5.12% on a year-on-year basis.
- Net Profit: Berger Paints reported a net profit of ₹1,128.02 crore in FY26 vs ₹1,182.81 crore in FY25. It showed a decrease of 4.63% on a yearly basis.
Berger Paints Quarterly Result Highlights
- Berger Paints reported revenue of ₹3,622.65 crore in Jun 2026, compared with ₹2,889.74 crore in Mar 2026, representing an increase of 25.36% on a quarter-on-quarter (QoQ) basis.
- Berger Paints reported an operating profit of ₹542.59 crore in Jun 2026, compared with ₹438.49 crore in Mar 2026, representing an increase of 23.74% on a quarter-on-quarter (QoQ) basis.
- Berger Paints reported a profit of ₹405.01 crore in Jun 2026, compared with ₹335.25 crore in Mar 2026, reflecting an increase of 20.81% on a QoQ basis.
- The earnings per share (EPS) of Berger Paints stood at ₹9.67 during Jun 2026.
