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Berger Paints (BERGEPAINT)

Paint · NSE · end-of-day 2026-10-19
Close
₹470.00
Day change
-0.83%
1-year
-11.8%
From 52-week high
-20.4%
Weinstein stage
Stage 1
Minervini template
2/8
Berger Paints closed at ₹470.00 on 2026-10-19, down 12% over the past year, 20% below its 52-week high. It meets 2 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 1 - basing; on earnings, it passes 4 of 5 SEPA checks. Over the year its annualised volatility was about 28%, with a largest fall of 31% from a peak.

About Berger Paints

Berger Paints India Limited manufactures decorative paints, industrial coatings, protective coatings, construction chemicals, and waterproofing products. The company has built a strong presence across retail and institutional markets. Urbanization and renovation demand support future growth. Product innovation improves customer retention. A wide dealer network enhances market reach.

Price, RSI and MACD

Price · -2.9% over the period
440472503535567Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 49.7
305070
MACD (12, 26, 9) · histogram +3.06
-21.3-10.50.411.322.1
Price · -12.2% over the period
393445497549601Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 49.7
305070
MACD (12, 26, 9) · histogram +3.06
-21.3-10.50.411.322.1
Price · -18.5% over the period
394448503557612Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 49.7
305070
MACD (12, 26, 9) · histogram +3.06
-27.4-14.9-2.310.222.8
Price · -21.6% over the period
391453514575636Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 49.7
305070
MACD (12, 26, 9) · histogram +3.06
-27.3-14.4-1.511.424.3
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹54,802 cr₹12,263 cr₹1,218 cr45.010.447.9217.2%20.5%20.8%0.09₹1,022 cr29.50.71

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 20263,5844053.47+28.5%+12.0%11.3%
Mar 20262,8683352.87+27.6%+6.1%11.7%
Dec 20252,9842712.33-7.9%+0.3%9.1%
Sep 20252,8282061.77-23.4%+1.9%7.3%
Jun 20253,2013152.70-10.9%+3.5%9.8%
Mar 20252,7042632.25+17.8%+7.3%9.7%
Dec 20242,9752962.53-1.6%+3.2%10.0%
Sep 20242,7752702.31-7.6%+0.3%9.7%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 4 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✓ Pass
EPS growth accelerating over 3 quarters✓ Pass
Sales up 25%+, or sales growth accelerating✓ Pass
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✓ Pass

Investor methods

MethodChecksScoreVerdict
Minervini
✗ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✗ 200-day rising for a month
✗ 50-day above the 150- and 200-day
✗ Close above the 50-day
✗ At least 25% above the 52-week low · low 404.50
✓ Within 25% of the 52-week high · high 590.10
✗ RS percentile 70 or more · RS 41
Trend template - the gate, measured: a modest 21-day edge.
2/82 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 1 - basing
CAN SLIM
✓ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✗ N within 15% of the 52-week high · high 590.10
✗ S more volume on up days than down days (50 sessions) · 0.77x
✗ L RS percentile 80 or more · RS 41
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
2/6Weak
Darvas
✗ New 52-week high in the last 120 sessions
Darvas needs a new 52-week high to start a box.
10/100No box
Turtle
✗ Close above the prior 55-session high · 565.90
✗ Close above the prior 20-session high · 482.35
✗ Close below the prior 20-session low · 441.10
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 3.4%
— Return on capital (ROCE) · 20.8%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
41/100Average
Graham
✗ Price at or below the Graham number · Graham number 118.07
✗ P/E 15 or less · P/E 45.0
✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 7.92
✓ Current ratio 2 or more · 2.12
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
25/100Expensive
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✓ Cash flow above net profit (earnings quality)
✓ Long-term debt / assets falling
✓ Current ratio rising · 2.12
✓ No new shares issued
✗ Margin rising (net margin)
✗ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
6/9Average
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Paint sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
BERGEPAINT this stock+2.5-4.2-2.9-13.8-18.4-31.545.07.9217.220.8—0.0929.554,80212,2631,21810.40.71
SHALPAINTS+1.0+39.0+51.5+1.8-57.0-13.1—2.72-22.9-9.2—0.63—684559-69-8.31.71
INDIGOPNTS-5.5-3.6+24.3+1.0-28.9-58.030.84.2913.518.4—0.0018.94,9531,46616333.81.23
ASIANPAINT-4.9-13.4-7.4-7.1-24.9-26.846.910.4621.226.7—0.1131.02.24L37,1874,83749.71.00
SIRCA+7.1+10.7-1.9-11.9+15.6+114.836.45.2015.821.5—0.0723.42,4705086711.91.02
KANSAINER-1.4-9.8-11.1-28.4-43.7-52.724.52.199.5——0.0114.114,6758,2645897.41.00
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.