Berger Paints Share Price Target 2025, 2026, 2027, 2030, 2040, 2050: Detailed Forecast & Analysis
FY24 Revenue
Operating Margin (FY24)
Return on Equity
Table of Contents
- Berger Paints: Company Overview
- Core Financials & Peer Comparison
- Berger Paints Share Price Target 2025 (Monthly)
- Berger Paints Share Price Target 2026 (Monthly)
- Berger Paints Share Price Target 2027 (Monthly)
- 2030, 2040, 2050 Share Price Targets
- Growth Drivers & Risks
- Expert View: Is Berger Paints a Good Buy?
- FAQs on Berger Paints Shares
Berger Paints: Company Overview
Berger Paints India Ltd (NSE: BERGEPAINT) stands as India’s second-largest paint company, boasting a legacy of 98 years in the decorative and industrial coatings arena. With more than 50,000 dealers and a fast-expanding presence nationwide, Berger is renowned for its innovative, eco-friendly, and premium quality products. The company’s strong distribution network and consistent investment in R&D have propelled it to a formidable position in the domestic and export markets.
Founded: 1923
Headquarters: Kolkata, India
Managing Director: Shri Abhijit Roy
Current Share Price (Sep 2025): ₹504.25
Core Financials & Peer Comparison
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| Metric | Value | Fiscal Year (FY24) |
|---|---|---|
| Market Cap | ₹58,785 Cr | |
| P/E Ratio | 51.35 | |
| EPS | ₹9.82 | |
| ROE | 23.5% | |
| Debt-to-Equity | 0.14 | |
| EBITDA Margin | 31.8% | |
| Revenue | ₹11,199 Cr | FY24 |
| Net Profit | ₹1,170 Cr | FY24 |
| Operating Margin | 17% | FY24 |
Peer Comparison (Sep 2025):
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| Company | Market Cap (₹Cr) | P/E Ratio | Div Yield (%) |
|---|---|---|---|
| Asian Paints | 286,857 | 57.3 | 1.11 |
| Berger Paints | 64,882 | 65.25 | 0.63 |
| Kansai Nerolac | 23,180 | 33.42 | 1.31 |
| Akzo Nobel | 17,759 | 41.17 | 1.92 |
| Indigo Paints | 7,456 | 51.85 | 0.22 |
Berger Paints Share Price Target 2025 (Monthly)
Berger Paints is expected to gain momentum in 2025, supported by robust domestic demand, innovation in eco-friendly products, and deeper penetration into tier-2/3 markets. The company’s targeted investment in premium and industrial segments and steady cost utilization are forecasted to drive steady stock growth throughout the year.
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| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 442 | 485 |
| February | 468 | 511 |
| March | 473 | 514 |
| April | 480 | 561 |
| May | 498 | 575 |
| June | 510 | 660 |
| July | 519 | 689 |
| August | 504 | 714 |
| September | 500 | 741 |
| October | 535 | 758 |
| November | 574 | 784 |
| December | 614 | 800 |
Berger Paints Share Price Target 2026 (Monthly)
In 2026, Berger Paints is expected to accelerate expansion, with new plant capacity commissioning, deepening digital channels, and premium product launches. The price forecast is optimistic due to expected margin stability, rising urban housing demand, and increased branded retail presence.
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| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 714 | 811 |
| February | 600 | 832 |
| March | 628 | 840 |
| April | 642 | 849 |
| May | 665 | 856 |
| June | 678 | 868 |
| July | 687 | 879 |
| August | 700 | 889 |
| September | 725 | 898 |
| October | 720 | 935 |
| November | 738 | 937 |
| December | 750 | 941 |
Berger Paints Share Price Target 2027 (Monthly)
Analysts predict Berger Paints will maintain its growth trajectory in 2027, fueled by broader export markets and technology upgrades at manufacturing units. Increased demand for sustainable paints and industrial coatings, coupled with real estate tailwinds, positions the company for higher share valuations.
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| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 750 | 830 |
| February | 770 | 845 |
| March | 792 | 857 |
| April | 805 | 869 |
| May | 818 | 881 |
| June | 831 | 895 |
| July | 846 | 911 |
| August | 862 | 937 |
| September | 879 | 962 |
| October | 893 | 990 |
| November | 912 | 1005 |
| December | 930 | 1022 |
2030, 2040, and 2050: Long-Term Share Price Prognosis
Looking beyond 2027, Berger Paints is forecasted to achieve significant growth owing to: robust innovation in coatings R&D, digital and automation adoption, global expansions, and continued investments in sustainable chemistry. The company’s focus on both decorative and industrial paint segments, coupled with India’s rising infrastructure investments and real estate growth, underpins these ambitious targets.
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| Year | Minimum Target (₹) | Maximum Target (₹) | Notes |
|---|---|---|---|
| 2030 | 1,407 | 1,617 | Automation, eco-friendly tech upgrades, global expansion |
| 2040 | 3,048 | 3,306 | Strong worldwide footprint, digital transformation |
| 2050 | 5,113 | 5,436 | Leadership in futuristic coatings, AI in manufacturing |
Growth Drivers & Key Risks
Growth Drivers
- Consistent focus on premium and innovative paint products catering to rising urban and luxury demand.
- Robust presence in tier 2/3 cities and strong dealer network for deeper market penetration.
- Significant planned capacity expansion (₹1,800 crore investment) and new manufacturing units by 2027.
- Regular R&D investments, with digital transformation and smarter production technologies.
- India’s paint industry expected 8–10% CAGR through 2030.
Risks & Concerns
- Rising competition (notably from new entrants like Grasim Industries).
- Volatility in raw material costs can affect margins and pricing power.
- Economic downturns/cycles and real estate slowdowns may impact growth.
- Currently high P/E ratio could make stock sensitive to earnings disappointments.
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Investor Caution: Short-term volatility is possible; recommended for investors with long-term vision.
Expert Opinion: Is Berger Paints a Good Buy?
Most analysts see Berger Paints as a solid long-term investment, supported by its leading market position, healthy free cash flows, and strong growth potential across both premium and industrial coatings. Expansion into new product lines, growth in under-served markets, and regular dividend payouts further enhance its attractiveness.
- Bull Case: Multiple plants expansion, deeper tier 2/3 city penetration, premium brand play, and continuous innovation suggest robust appreciation prospects.
- Bear Case: Heightened sector competition, flat YoY sales in recent quarters, and pressure on near-term margins due to raw material price swings.
On balance, Berger’s stable business and future-focused strategy make it a preferred stock for those seeking long-term compounding from India’s consumption story. However, medium-term fluctuations are likely—investors are advised to review upcoming quarterly results and monitor margins closely.
🚀 Get Exclusive Trading Insights on TelegramFAQs on Berger Paints Shares
What is Berger Paints’ main moat?
Its unrivalled dealer network, strong brand, regular innovation, and focus on premium sectors fortify its competitive strength.
What are the risks of investing in Berger Paints?
Short-term margin pressure from competition and rising input costs, and a high valuation compared to peers, are key risks.
Does Berger Paints pay dividends?
Yes, Berger Paints maintains a history of regular dividend payouts and offers a yield of around 0.63%.
What are Berger Paints’ prospects in 2030 and beyond?
With a projected CAGR and ongoing expansion, Berger Paints is positioned for significant value creation through 2030, 2040, and 2050 as per market consensus and industry trends.
Should new investors consider Berger Paints now?
If investing for a 5–10+ year horizon, Berger Paints is an attractive candidate due to its consistent growth, innovation, and dividend stability. Short-term buyers should be aware of possible corrections.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please do your own research and consult with a professional advisor before investing.
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