Berger Paints Share Price Target 2023, 2024, 2025, 2026, 2030 – Stock Analysis 

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Berger Paints Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Berger Paints Fundamentals, Future Plans and More. 

In this article, we’ll give information about a stock that has the potential to provide higher returns compared to typical bank investments. The stock in focus is a widely recognized and established company in the Paints Sector industry.

This article will help us understand if Berger Paints Ltd, a company that has shown consistent success over the years, will continue to provide strong returns in the future.

Berger Paints Ltd, based in India, and a respected global paint manufacturer. They specialize in producing a diverse range of decorative and industrial coatings. Recognized for their commitment to quality, innovation, and sustainability, Berger Paints stands out as a prominent player in the coatings sector.

In this article, we’ll talk about Berger Paints Ltd’s stock. We’ll explore how Berger Paints Ltd started, how well it’s doing financially, and who owns it. Then, we’ll try to figure out how much Berger Paints Ltd shares might be worth. So, stay tuned for all the important information!

About Berger Paints

Berger Paints Ltd is a multinational paint company headquartered in Kolkata, India. The company operates 16 manufacturing facilities in India, along with 2 in Nepal, and one each in Poland and Russia. 

These facilities are located in various places including Howrah, Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry, and Udyognagar. Berger Paints is active in five countries: India, Russia, Poland, Nepal, and Bangladesh. The company employs more than 3,600 people and has an extensive distribution network of over 25,000 dealers across the country.

Key Peoples 

ChairmanKuldip Singh Dhingra
Managing Director Abhijit Roy
CEOAbhijit Roy

Berger Paints Shareholding Pattern

  • Promoters hold 74.99%.
  • Foreign Institutional Investors hold 10.83%.
  • Domestic Institutional Investors hold 2.44%.
  • Retail and Public 10.71 %.
  • Mutual Funds 1.03%

The founders and local investors of the company have increased their ownership, which is a good sign. However, mutual funds and foreign investors have reduced their shares slightly.

Berger Paints Financial Trends 

Over the past five years, Berger Paints has shown a consistent upward trend in its financial performance. In 2019, the company reported a revenue of ₹6122 Cr, accompanied by a profit of ₹493.89 Cr. The following year, in 2020, they saw a slight increase in revenue to ₹6434 Cr, with a corresponding rise in profit to ₹656.19 Cr.

The positive trajectory continued in 2021, with a revenue of ₹6869 Cr and a profit of ₹719.72 Cr. In 2022, the company experienced substantial growth, boasting a revenue of ₹8826 Cr and a profit of ₹832.95 Cr. The most recent data for 2023 reveals an impressive revenue of ₹10619 Cr, coupled with a profit of ₹860.40 Cr. This remarkable performance underscores Berger Paints’ robust position in the market.

Berger Paints Share Price Target Table 

YearBerger Paints Share Price Target 
2023₹760 – ₹800
2024₹900 – ₹950
2025₹1100 – ₹1150
2026₹1300 – ₹1380
2027₹1400 – ₹1450
2028₹1550 – ₹1800
2029₹1900 – ₹2200
2030₹2450 – ₹2500

For Details about the Berger Paints Share, You can watch this video – 

Berger Paints Share Price Target 2023

Berger Paints is India’s second-largest company in the paint industry, primarily focused on decorative paints, which contribute around 80-85% of its revenue. The company periodically introduces high-demand products, like anti-microbial paints during the pandemic, leading to strong sales growth. In 2023, the share price target is expected to reach ₹760, with a potential second target of ₹800.

Also, Read This: Kalyan Jewellers Share Price Target 2023, 2024, 2025, 2026, 2030 – Stock Analysis 

Berger Paints Share Price Target 2024

Berger Paints is aggressively expanding its business nationwide, focusing on strengthening its distribution network to enhance brand value. The company presently boasts a robust network of over 50,000 dealers and retailers. Management is determined to reach even the smallest villages in the coming years. As the network strengthens, Berger Paints’ market share is poised for significant growth.

With a strong distribution network, Berger Paints aims for a share price target of ₹900 in 2024, reflecting parallel business growth. Subsequently, a target of ₹950 is anticipated.

Berger Paints Share Price Target 2025

Berger Paints is rapidly expanding its business nationwide, focusing on strengthening its distribution network to enhance brand value. Currently, the company boasts a robust network of over 50,000 dealers and retailers. The management’s key focus is to reach even the smallest villages in the coming years. As the network strengthens, Berger Paints’ market share is poised for significant growth.

With a strong distribution network, Berger Paints aims for a share price target of ₹900 in 2024, reflecting parallel business growth. Subsequently, a target of ₹950 is anticipated.

Berger Paints Share Price Target 2030

In India, there is a consistent and robust growth in the demand for paints, driven by both household and industrial usage. Government initiatives towards urbanization and infrastructure development further fuel this demand. Lifestyle changes also contribute to a rising demand for decorative paints. Berger Paints, already holding a significant market share, stands to benefit greatly from this expanding market.

Considering the long-term prospects, Berger Paints Share Price Target for 2030 appears promising, potentially offering shareholders substantial returns, with an estimated share price of around ₹2500.

Conclusion 

The suggested price targets based on technical analysis are constantly changing, making them unreliable. Prioritize your research over greed when investing. I’ve written this article on Berger Paints’ Share Price Targets for 2023-2030 upon your request. Feel free to suggest other shares for future articles. If you have any questions, leave a comment, and we’ll do our best to respond.

FAQs

What will be the share price of Berger Paints in 2025?

According to our predicted Price, we can see the share price of Berger Paints in 2025 of INR 1100 to INR 1150.

What will be the share price of Berger Paints in 2030?

According to our analysis, we can see the share price of Berger Paints in 2030 of INR 2450 to INR 2500.

Is Berger Paints a debt-free company?

No, Berger Paints is not debt-free. Debt to Equity Ratio 0.190 of Berger Paints India Ltd.

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