The driving forces of Berger Paints – reflect the very spirit of its founder Lewis Berger – who laid the foundations of brand Berger way back in 1760 in the UK. With modest beginnings in India in 1923, today, Berger Paints India Limited is the second largest paint company in the country with a consistent track record of being one ofÂ the fastest growing paint company, quarter on quarter, for the past fewÂ years.
berger pains india ltd records a growth of 19.5% in revenues and 26.3% in profit after ax for the quarter ended 31st march 2014
net profit for march 2014 was 55.3 crore vs 43.8 crore agains corresponding quarter.
growth in revenue for the year was 15.6% and in profit afer tax was 14.2%.
recommends a dividend of 110% compared to 90% in the previous year.
recommending stock to buy @246 for long term gain.
link to company website:http://www.bergerpaints.com/