Berger Paints India Ltd
NSE: BERGEPAINT BSE: 509480
₹456.10
(-0.69%)
Wed, 11 Mar 2026, 05:27 am
Market Cap531.74B
PE Ratio50.45
Dividend0.83
Company History
1909
- Adamson bought his first Oil and Colour business.
1917
- Adamson was owning paint manufacturing companies in Rhodesia, Canada and the Caribbean.
1923
- Hadfield's (India) Limited was set up by Mr. Hadfield on 17 December.
1947
- British Paints acquired Hadfield's (India) Limited and thus British Paints (India) Limited was incorporated in the State of West Bengal.
- The first Managing Director of British Paints was Mr. A. V. Niblett.
- The Company's sales was Rs.25 lakhs, with a total employee strength of 100.
1951
- A depot was started in Guwahati.
1952
- Sales rose to Rs.6 million.
- The Company declared its first dividend and shifted the Head Office to 32, Chowringhee Road, Calcutta.
1959
- Modernization of the Howrah Factory was completed and the first resin plant commissioned.
1962
- Mr. R. A. Godwin took over as the Chairman & Managing Director.
1965
- British Paints (Holdings) Limited, UK was acquired by Celanese Corporation, U.S.A.
1969
- Celanese Corporation sold their interest in the Indian Company to Berger, Jenson Nicholson Limited, UK.
1973
- Mr. D. Madhukar took over as the Managing Director.
1978
- Sales reached over Rs. 160 million.
1980
- Mr. Biji K. Kurien took over as the Chief Executive.
1983
- The name of the Company was changed to Berger Paints India Limited.
- The Company started using the trade name and mark BERGER.
1991
- The controlling stake in the Company was acquired by Mr. K S Dhingra, Mr. G S Dhingra and their associates.
1994
- Mr. Subir Bose took over as the new Managing Director.
1995
- The sales of the Company touched 2.76 billion.
1996
- BERGER attained the ISO - 9000 certification.
- Establishment of BERGER's Quality Management System.
- COLOR BANK tinting system was launched.
1997
- A new paint-manufacturing unit at Pondicherry was commissioned.
- A Joint Venture - Berger Becker Coatings Limited, was started in Goa with Becker Industraifarg A. B., Sweden.
1999
- Rajdoot Paints Ltd was merged with the Company.
2000
- The Company proposes to expand its operation through acquisitions and strategic partnership.
2001
- Berger Paints India Ltd unveiled a new brand promotion strategy.
- Despite a slight increase in sales, the net profit of Berger Paints India Ltd dropped by around 10 per cent for the half-year ended September 30, 2001.
- Berger Paints Ltd and ICI Ltd formed a 50:50 joint venture to manufacture auto and industrial coatings at Rishra in West Bengal.
2002
- Acquired 50% stake in Berger Auto & Industrial Coating Ltd.
2003
- BOD decided not to amalgamate Berger Auto & Industrial Coatings Ltd with the company.
- Posts 54% growth in the net profit to Rs.14.14cr for the second quarter end.
2004
- Delhi based Punjab National Bank and Bangalore-based Vijaya Bank entered into a four-way partnership with Principal Financial of the US and Berger Paints to set up an insurance broking company.
2005
- The Motors & Industrial paints business of ICI India was acquired as a 100% subsidiary Berger Auto & Industrial Coatings Limited and then merged with the Company.
2006
- Berger Paints India entered into a Joint Venture Agreement with Nippon Bee Chemical Co Ltd of Japan.
- Berger Paints gave the Bonus in the Ratio of 3:5.
2007
- Berger Paints India entered into a Joint Venture Agreement with Nippon Bee Chemical Co Ltd of Japan.
2008
- Berger Paints India bought Polish firm Bolix SA.
- Mr. Gerald Kenneth Adams was appointed as a Director of the Company.
2009
- Mr. Pulak Prasad was appointed an Additional Director of the Company.
2010
- The Company's sales in the year ended 31 March 2010 was Rs 1822.7 crores.
- Berger Paints is going to make an investment of Rs 300 crore to set up a water-based paint plant at Hindupur in Anantapur district of Andhra Pradesh.
2011
- Berger Paints - Board recommended Final Dividend of Re. 0.80 per share.
2012
- Berger enters new chemicals business.
- Berger Paints introduces new products.
- Berger Paints gains over 2% on stake hike by UK Paints.
2013
- Berger Paints acquired architectural operations of Sherwin Williams Paints.
2014
- Berger Paints Inaugurates New Facility in Hindupur, Andhra Pradesh.
2015
- Berger Paints signed MOU with the Russian Government.
- Berger Paints India Ltd's Powder Coating plant at Maharashtra commenced commercial production.
2016
- Berger Paints India Wins 1st Prize in NECA, 2016.
2017
- Berger Paints India commenced commercial production of its paint and putty plant at Nalbari, Assam.
- Berger Paints completed acquisition of Saboo Coatings.
- Commencement of commercial production of Company's Decorative paints production at Naltali plant, Assam.
- Commencement of commercial production of Company's Automotive and General Industrial paints production at Jejuri.
2019
- Berger Paints India Shines at Sammie 2019 With Silver Award.
- Berger Paints India won the CII National Award for Excellence in Water Management 2019.
2020
- Naltali Unit received the Gold Award in National Occupational Health & Safety Awards 2020.
- The Company received the CII Environmental Best Practices Award 2020.
2021
- VVN Plant received the Platinum award in the 10th Exceed Environment Award 2021.
- Jejuri Plant was awarded the Gold award under Apex India Best Fire Safety Measures Awards 2021.
2023
- The Company has issued Bonus Shares in the Ratio of 1:5.
- Company awarding media mandate to dentsu X.
- The Company's state-of-the-art, fully automated manufacturing facility at Sandila, Uttar Pradesh commenced its commercial production.
2024
- The Company signed a technology agreement with Ramkrishna Mission Vidyamandir, Belur for exploration of pilot-scale and subsequent industrial-scale production of green ammonia by electrocatalytic method without using green hydrogen.
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