Since 1760

Inception: 1923, India’s second largest decorative paint player.

Mr. Subir Bose has been the Managing Director since 1994, under him Berger's team currently runs.

Kuldeep singh Dhingra - Chairman

International presence: Russia, Nepal, Bangla desh

Director and CFO: Mr. Srijeet Dasgupta

Segmentation:

Home Owners Professionals Industrial Users

Q2 Report

Berger paints announced its Q2 net sales at Rs. 720 crore as against Rs. 590 crore with an increase of 22 per cent over the corresponding period last year. Net profit for the Q2 end stood at Rs. 49 crore as against Rs. 40 crore on YoY basis.

Earnings Before Interest Depreciation and Tax (EBDIT) for the second quarter of FY2012 was Rs. 86 crore as against Rs. 73 crore, reflecting a rise of 18 per cent year on year (YoY), while its margin dipped by 0.4 per cent to 10.7 per cent YoY.

The company reported that higher staff costs and other expenditure hit EBIDTA margin. However, subsidiary performance and price hikes helped topline growth.

Standalone net sales for the second quarter ended 2011 was Rs. 632 crore as against Rs. 517 crore with an increase of 22 per cent YoY while standalone net profit for the same period was Rs. 43 crore as against Rs. 37 crore and an increase of 16 per cent YoY.

The basic earnings per share (EPS) improved from Rs. 1.17 last quarter to Rs. 1.42 this quarter with a growth of 21 per cent.

Looking ahead, the company said that it is expanding capacity by de-bottlenecking. It has also shifted toward water based paints, which contributed 50 per cent of the revenues. However, it added that higher ad spends may keep operating margins subdued.

"We continue to remain positive on Berger Paints as the company plans to expand its presence in the high margin water based paints. We believe new product launches in premium segment will enable company to improve its operating profile and return ratio over the next 2 years.

 India’s second largest decorative paint player, Berger Paints is headquartered in Kolkata and services the market through a distribution network of 82 stock points and 12,000+paint retailers.

Brand: illusion wall fashion

Wide range of texture

Easy to apply

Maintenance free

Berger Rangoli Easy Clean with CLIP (Cross linking Polymer)

Berger Illusions: Fashion for your walls

Berger weather coat all Guard with Silicon for exterior walls

Berger to invest 100 Crore this fiscal FY 12

Berger has planned to double its production capacity to 500,000 KL per annum from 250,000KL by 2013.

Berger’s wholly owned subsidiary Bolix SA of Poland makes a type of wall coating EIFS (External Insulation and fixing systems). Berger acquired BOLIX SA in 2008 in 154 Crore.