Berger Paints has reported a net income of 2.22 billion rupees in the fourth quarter, seeing an increase of 19% from the previous year. However, this income has missed the projected estimate of 2.31 billion rupees.
The company’s revenue logged at 25.2 billion rupees in this quarter, marking a 3.3% rise from the previous year, yet falling slightly short of the predicated 25.82 billion rupees.
Total costs escalated by 4.1% to 22.7 billion rupees compared to the same quarter of the previous year.
Ebitda (Earnings before interest, tax, depreciation, and amortization), which is an indicator of a company’s operational performance, shrank by 4.9% to 3.51 billion rupees, missing the estimate of 4.01 billion rupees.
Berger Paints has announced a dividend per share of 3.50 rupees for the concerned quarter.
Looking at the market sentiment, there are 3 buy ratings, 5 hold ratings, and 16 sell ratings for the company’s stock.
All comparisons in the report are made with the company’s original disclosed values from previous results.
A look at Berger Paints India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Berger Paints India shows a promising long-term outlook. With a solid rating in Dividend, Growth, Resilience, and Momentum, the company demonstrates stability and potential for future expansion. While Value scored slightly lower, Berger Paints India‘s strong performance across other factors indicates a positive trajectory in the market.
As a manufacturer and distributor of paints, enamels, varnishes, and synthetic resins, Berger Paints India caters to a wide range of segments including home, office, factory, and various surfaces. This diversified product offering positions the company well for sustained growth and market presence, supported by its favorable Smart Scores across key factors. Investors may find Berger Paints India an attractive prospect for long-term investment based on its overall outlook and solid business profile.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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