Berger Paints (I) Limited vs Kansai Nerolac Paints Limited
An objective side-by-side of BERGEPAINT and KANSAINER, both in Paints / Varnishes: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: BERGEPAINT Jun 2026 · KANSAINER Jun 2026
At a glance
- Berger Paints (I) Limited is the larger company by market value, about 3.6 times the size of Kansai Nerolac Paints Limited.
- On trailing earnings, Kansai Nerolac Paints Limited trades at the lower P/E (25.0 against 43.1).
- Berger Paints (I) Limited earns the higher return on equity (17.6% against 8.8%).
- Over three years Kansai Nerolac Paints Limited has grown profits faster (11% a year against 11%).
- Over the past year the share prices returned -17.2% (BERGEPAINT) and -26.0% (KANSAINER).
| Metric | Berger Paints BERGEPAINT |
Kansai Nerolac KANSAINER |
|---|---|---|
| Size and price | ||
| Market cap | ₹52,540 Cr | ₹14,742 Cr |
| Share price | ₹450.60 | ₹182.27 |
| Valuation | ||
| P/E | 43.15 | 25.04 |
| P/B | 7.60 | 2.20 |
| EV/EBITDA | 27.80 | 15.05 |
| PEG | 3.92 | 2.28 |
| Dividend yield | 0.8% | 1.4% |
| Profitability | ||
| ROE | 17.6% | 8.8% |
| ROCE | 22.0% | 13.0% |
| Operating margin | 15.6% | 12.1% |
| Sales (TTM) | ₹12,263 Cr | ₹8,264 Cr |
| Net profit (TTM) | ₹1,218 Cr | ₹589 Cr |
| Growth | ||
| Latest quarter sales YoY | +12.0% | +9.8% |
| Latest quarter profit YoY | +28.6% | +5.9% |
| Sales CAGR 3Y | +4.0% | +2.0% |
| Profit CAGR 3Y | +11.0% | +11.0% |
| Sales CAGR 5Y | +12.0% | +10.0% |
| Profit CAGR 5Y | +10.0% | +4.0% |
| Financial strength | ||
| Debt/Equity | 0.09 | 0.05 |
| Interest cover | 25.29 | 23.31 |
| Ownership | ||
| Promoter holding | 75.0% | 75.0% |
| Promoter change (4 qtrs) | -0.01 pp | -0.02 pp |
| Price performance | ||
| Return 1M | -14.75% | -9.55% |
| Return 3M | -18.08% | -15.36% |
| Return 1Y | -17.21% | -25.95% |
| Return YTD | -16.02% | -22.59% |
| Technical condition | ||
| Technical score | 11 | 14 |
| RS rating (1-99) | 29.00 | 26.00 |
| % vs 200-DMA | -8.83% | -12.10% |
| RSI (14) | 29.12 | 27.92 |
| % from 52-week high | -24.21% | -30.96% |
