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BERGEPAINT - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.2

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 4.2

Stock Code BERGEPAINT Market Cap 55,164 Cr. Current Price 473 ₹ High / Low 605 ₹
Stock P/E 51.5 Book Value 49.0 ₹ Dividend Yield 0.80 % ROCE 24.9 %
ROE 20.0 % Face Value 1.00 ₹ DMA 50 457 ₹ DMA 200 497 ₹
Chg in FII Hold -0.57 % Chg in DII Hold 0.63 % PAT Qtr 336 Cr. PAT Prev Qtr 176 Cr.
RSI 60.4 MACD 8.47 Volume 2,80,115 Avg Vol 1Wk 1,44,833
Low price 391 ₹ High price 605 ₹ PEG Ratio 3.98 Debt to equity 0.08
52w Index 38.3 % Qtr Profit Var 9.90 % EPS 8.62 ₹ Industry PE 36.6

📊 BERGEPAINT shows strong financial health with efficient capital utilization (ROCE 24.9%, ROE 20%) and minimal leverage (Debt-to-equity 0.08). Profitability is robust, with PAT rising from 176 Cr. to 336 Cr. in the latest quarter. Cash flows remain stable, supported by consistent demand in the paints sector. However, valuations are stretched with a P/E of 51.5 compared to industry average of 36.6, and a PEG ratio of 3.98, indicating expensive growth. EPS at 8.62 ₹ reflects steady earnings, but intrinsic value suggests limited margin of safety at current levels.

💡 Entry Zone: 455–465 ₹ (near 50 DMA support).

📈 Long-Term Holding Guidance: Suitable for disciplined investors. Accumulate gradually at lower levels and hold for 18–24 months, provided earnings momentum sustains and valuations moderate.

✅ Positive

  • Strong ROCE (24.9%) and ROE (20%) highlight efficient operations.
  • Low debt-to-equity ratio (0.08) ensures financial stability.
  • Quarterly PAT nearly doubled, showing strong earnings momentum.

⚠️ Limitation

  • High P/E (51.5) vs industry average (36.6).
  • PEG ratio of 3.98 indicates expensive growth.
  • Dividend yield of 0.80% is modest for long-term investors.

📉 Company Negative News

  • Decline in FII holdings (-0.57%) suggests reduced foreign investor confidence.
  • Stock trading below 200 DMA (497 ₹), reflecting medium-term weakness.

📈 Company Positive News

  • Quarterly profit surged ~90%, PAT up from 176 Cr. to 336 Cr.
  • DII holdings increased (+0.63%), showing domestic institutional support.
  • Strong volume activity (2,80,115 vs avg 1,44,833) indicates investor interest.

🏭 Industry

  • Paints sector remains resilient with demand from housing and infrastructure.
  • Industry P/E at 36.6 highlights sector-wide premium valuations.

🔎 Conclusion

⚖️ BERGEPAINT is a fundamentally strong company with efficient operations and robust earnings growth. However, stretched valuations limit near-term upside. Best suited for long-term investors who accumulate near 455–465 ₹ and hold for 18–24 months, while monitoring institutional flows and valuation metrics. Profit booking near 500–510 ₹ is advisable if momentum stalls.

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