Berger Paints: Difference between revisions

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{{Use dmy dates|date=February 2017}}
{{Use dmy dates|date=February 2017}}
{{Infobox company
{{Infobox company
| name = Berger Paints
| name = Berger Paints India Limited
| logo = Berger.png
| logo = Berger.png
| logo_size = 250px
| logo_size = 250px
| trading_name = Berger
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{plainlist|
| traded_as = {{plainlist|
Line 11: Line 12:
*{{NSE|BERGEPAINT}}}}
*{{NSE|BERGEPAINT}}}}
| ISIN = INE463A01038
| ISIN = INE463A01038
| founder = Lewis Berger
| founder =  
| foundation = {{Start date and years ago|1923|12|17}}
| foundation = {{Start date and age|df=y|1923|12|17}}
| location_city = [[Kolkata]], [[West Bengal]]
| location_city = [[Kolkata]], [[West Bengal]]
| location_country = India
| location_country = India
| key_people = {{plainlist|
| key_people = {{plainlist|
*Kuldip Singh Dhingra<br>([[Chairman]])
*Rishma Kaur (Chairman)
*Abhijit Roy ([[Managing Director|MD]] & [[CEO]])
*Kanwardip Singh Dhingra (Vice Chairman)
*Abhijit Roy (Managing Director|MD & CEO)
}}
}}
| industry = [[Chemical industry|Chemicals]]
| industry = [[Chemical industry|Chemicals]]
| products = {{plainlist|  
| products = {{plainlist|
*[[Chemical substance|Chemicals]]
*[[Chemical substance|Chemicals]]
*[[Paints|Decorative paints]]
*[[Paints|Decorative paints]]
*[[automotive restoration|Industrial finishing products]]  
*[[automotive restoration|Industrial finishing products]]
*[[Industrial coating|Coatings]]}}  
*[[Industrial coating|Coatings]]}}
| revenue = {{increase}}{{INRConvert|6365.82|c}} (2020)<ref>{{cite web|url=http://www.moneycontrol.com/financials/berger%20paints/consolidated-profit-lossVI/BPI02|title=Berger Paints India Balance Sheet, Berger Paints India Financial Statement & Accounts|work=moneycontrol.com}}</ref>
| revenue = {{increase}} {{INRConvert|11262|c}} (2024)<ref>{{cite web|url=http://www.moneycontrol.com/financials/berger%20paints/consolidated-profit-lossVI/BPI02|title=Berger Paints India Balance Sheet, Berger Paints India Financial Statement & Accounts|work=moneycontrol.com |last1=Com |first1=Moneycontrol }}</ref>
| operating_income = {{increase}}{{INRConvert|891.46|c}} (2020)<ref>{{Cite web|url=https://www.bseindia.com/|title=BSE Ltd. (Bombay Stock Exchange) &#124; Live Stock Market updates for S&P BSE SENSEX, Stock Price, Company News & Results|website=www.bseindia.com}}</ref>
| operating_income = {{increase}} {{INRConvert|1557|c}} (2024)<ref>{{Cite web|url=https://www.bseindia.com/|title=BSE Ltd. (Bombay Stock Exchange) &#124; Live Stock Market updates for S&P BSE SENSEX, Stock Price, Company News & Results|website=www.bseindia.com}}</ref>
| net_income = {{increase}}{{INRConvert|657.81|c}} (2020)<ref>{{Cite web|url=https://www.moneycontrol.com/financials/berger+paints/consolidated-profit-lossVI/BPI02/|title=Berger Paints India Consolidated Profit & Loss account, Berger Paints India Financial Statement & Accounts|website=www.moneycontrol.com}}</ref>
| net_income = {{increase}} {{INRConvert|1170|c}} (2024)<ref>{{Cite web|url=https://www.moneycontrol.com/financials/berger+paints/consolidated-profit-lossVI/BPI02/|title=Berger Paints India Consolidated Profit & Loss account, Berger Paints India Financial Statement & Accounts|website=www.moneycontrol.com |last1=Com |first1=Moneycontrol }}</ref>
| assets = {{increase}}{{INRConvert|4342.70|c}} (2020)<ref>{{cite web|url=http://www.moneycontrol.com/financials/bergerpaintsindia/balance-sheetVI/BPI02#BPI02|title=Berger Paints India Balance Sheet, Berger Paints India Financial Statement & Accounts|work=moneycontrol.com}}</ref>
| assets = {{increase}} {{INRConvert|8369|c}} (2024)<ref name=":1">{{cite web |title=Berger Paints India Balance Sheet, Berger Paints India Financial Statement & Accounts |url=http://www.moneycontrol.com/financials/bergerpaintsindia/balance-sheetVI/BPI02#BPI02 |work=moneycontrol.com |last1=Com |first1=Moneycontrol }}</ref>
| equity = {{increase}} {{INRConvert|5389|c}} (2024)<ref name=":1" />
| num_employees = 3,600 (2020)
| num_employees = 3,600 (2020)
| homepage = {{URL|http://www.bergerpaints.com/}}
| owners = Dhingra family (75%)
| homepage = {{URL|http://www.bergerpaints.com/|bergerpaints.com}}
}}
}}
[[File:Gja nfJbIAAMPMK.jpg|thumb|Headquarters in Newtown, Kolkata]]
'''Berger Paints India Ltd''' is an Indian [[Multinational corporation|multinational]] [[paint]] company, based in [[Kolkata]].<ref>{{Cite web|url=https://www.indiainfoline.com/article/equity-earnings-result-commentary/berger-paints-india-quarterly-results-berger-paints-india-q3fy16-standalone-net-profit-rises-38-yoy-to-rs-101-crore-misses-estimates-116020400479_1.html|title=Berger Paints India Q3FY16 standalone net profit rises 38% yoy to Rs. 101 crore : Misses Estimates|website=www.indiainfoline.com|language=en|access-date=2020-04-21}}</ref> This company has 16 manufacturing units in [[India]],<ref>{{cite web|url=http://www.business-standard.com/company/berger-paints-64/information/company-history|title=Berger Paints India Ltd.|via=Business Standard}}</ref> 2 in [[Nepal]], and 1 each in [[Poland]], [[Russia]] and [[Pakistan]].<ref>{{cite web|url=http://www.moneycontrol.com/india/stockpricequote/paints-varnishes/bergerpaintsindia/BPI02|title=Berger Paints India Stock Price, Share Price, Live BSE/NSE, Berger Paints India Bids Offers. Buy/Sell Berger Paints India news & tips, & F&O Quotes|work=moneycontrol.com |last1=Com |first1=Moneycontrol }}</ref> It has manufacturing units at [[Howrah]], [[Rishra]],<ref>{{Cite news|url=http://www.thehindu.com/business/Industry/berger-paints-plans-60-cr-for-howrah-rishra-units/article19429268.ece|title=Berger Paints plans ₹60 cr. for Howrah, Rishra units|date=2017-08-04|work=The Hindu|access-date=2018-03-02|language=en-IN|issn=0971-751X}}</ref> Arinso, [[Taloja]], Naltoli, [[Goa]], [[Devla]], [[Hindupur]],<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/berger-paints-opens-hindupur-plant-in-andhra-pradesh/articleshow/29673615.cms|title=Berger Paints opens Hindupur plant in Andhra Pradesh|date=2014|work=The Economic Times|access-date=2018-03-02}}</ref> [[Jejuri]],<ref>{{Cite news|url=https://www.thehindubusinessline.com/companies/berger-paints-commences-production-at-[[jejuri]]-plant/article9604736.ece|title=Berger Paints commences production at Jejuri plant|work=@businessline|access-date=2018-03-02|language=en}}</ref> [[Jammu]],<ref>{{Cite news|url=https://www.icis.com/resources/news/2007/04/26/9024289/berger-builds-paint-plant-in-jammu-kashmir/|title=Berger builds paint plant in Jammu & Kashmir|access-date=2018-03-02|language=en-GB}}</ref> [[Puducherry (city)|Puducherry]] and [[Anand, Gujarat|Anand]]. The company has presence in six countries – India, Pakistan, Russia, Poland, Nepal and [[Bangladesh]]. It has an employee strength of over 3,600 and a countrywide distribution network of more than 25,000 dealers.<ref>{{cite web|url=http://www.thehindubusinessline.com/news/real-estate/berger-paints-unveils-new-initiative-for-residential-buildings/article7660019.ece|title=Berger Paints unveils new initiative for residential buildings|date=16 September 2015|work=thehindubusinessline.com}}</ref>


'''Berger Paints Ltd''' is an Indian [[Multinational corporation|multinational]] paint company, based in [[Kolkata]], India.<ref>{{Cite web|url=https://www.indiainfoline.com/article/equity-earnings-result-commentary/berger-paints-india-quarterly-results-berger-paints-india-q3fy16-standalone-net-profit-rises-38-yoy-to-rs-101-crore-misses-estimates-116020400479_1.html|title=Berger Paints India Q3FY16 standalone net profit rises 38% yoy to Rs. 101 crore : Misses Estimates|website=www.indiainfoline.com|language=en|access-date=2020-04-21}}</ref> This company has 16 manufacturing units in India,<ref>{{cite web|url=http://www.business-standard.com/company/berger-paints-64/information/company-history|title=Berger Paints India Ltd.|via=Business Standard}}</ref>   2 in Nepal, 1 each in Poland and Russia.<ref>{{cite web|url=http://www.moneycontrol.com/india/stockpricequote/paints-varnishes/bergerpaintsindia/BPI02|title=Berger Paints India Stock Price, Share Price, Live BSE/NSE, Berger Paints India Bids Offers. Buy/Sell Berger Paints India news & tips, & F&O Quotes|work=moneycontrol.com}}</ref> It has manufacturing units at [[Howrah]] and Rishra,<ref>{{Cite news|url=http://www.thehindu.com/business/Industry/berger-paints-plans-60-cr-for-howrah-rishra-units/article19429268.ece|title=Berger Paints plans ₹60 cr. for Howrah, Rishra units|date=2017-08-04|work=The Hindu|access-date=2018-03-02|others=Special Correspondent|language=en-IN|issn=0971-751X}}</ref> Arinso, Taloja, Naltoli, Goa, Devla, Hindupur,<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/berger-paints-opens-hindupur-plant-in-andhra-pradesh/articleshow/29673615.cms|title=Berger Paints opens Hindupur plant in Andhra Pradesh|date=2014|work=The Economic Times|access-date=2018-03-02}}</ref> Jejuri,<ref>{{Cite news|url=https://www.thehindubusinessline.com/companies/berger-paints-commences-production-at-jejuri-plant/article9604736.ece|title=Berger Paints commences production at Jejuri plant|work=@businessline|access-date=2018-03-02|language=en}}</ref> [[Jammu]],<ref>{{Cite news|url=https://www.icis.com/resources/news/2007/04/26/9024289/berger-builds-paint-plant-in-jammu-kashmir/|title=Berger builds paint plant in Jammu &amp; Kashmir|access-date=2018-03-02|language=en-GB}}</ref> [[Pondicherry|Puducherry]] and Udyognagar. The company has presence in 5 countries – India, [[Russia]], [[Poland]], [[Nepal]] and [[Bangladesh]]. They have an employee strength of over 3,600 and a countrywide distribution network of 25,000+ dealers.<ref>{{cite web|url=http://www.thehindubusinessline.com/news/real-estate/berger-paints-unveils-new-initiative-for-residential-buildings/article7660019.ece|title=Berger Paints unveils new initiative for residential buildings|first=Our|last=Bureau|date=16 September 2015|work=thehindubusinessline.com}}</ref>
==History==
 
=== European ===
In 1760, Louis Berger started a [[dye]] and [[pigment]] manufacturing business in [[England]], which later changed to Louis Berger & Sons Limited. In 1770, Louis Steigenberger shifted from [[Frankfurt]] to [[London]] to sell a [[Prussian blue]] colour, which was made using his own formula. He perfected this process & art of the blue colour, which was the colour of most military uniforms of that time. He then changed his name to Lewis Berger. By 1870, Berger Paints was selling 19 different pigments such as black lead, sulphur, sealing wax and mustard. After his death, his sons took over the business.<ref name=":0">{{Cite web |title=Berger Paints Pakistan Limited |url=https://dps.psx.com.pk/company/BERG}}</ref><ref name=":3">{{Cite web |last=Hussain |first=Dilawar |date=2016-09-26 |title=Painting the future bright |url=http://www.dawn.com/news/1286041 |access-date=2022-04-02 |website=DAWN.COM |language=en}}</ref><ref name=":4">{{Cite web |title=Berger Paints India Limited |url=https://www.bergerpaints.com/about-us/history-milestones.html}}</ref><ref name=":5">{{Cite web |date=2021-04-26 |title=History and Milestones - Berger Paints Bangladesh |url=https://www.bergerbd.com/history-and-milestones/ |access-date=2022-04-02 |language=en-US}}</ref><ref name=":6">{{Cite web |title=Berger Paints Bangladesh Limited |url=https://www.linkedin.com/company/berger-paints-bangladesh-limited/about/}}</ref> In the UK, the company, which by then was known as Berger, Jenson and Nicholson, was acquired by [[Hoechst AG]] in 1970 and by [[Williams Holdings]] in 1988.<ref>{{Cite web |title=Berger, Jenson and Nicholson, Paint Makers Records |url=https://discovery.nationalarchives.gov.uk/details/r/19b53177-a2de-4e6e-af52-3e87870d6deb|publisher=National Archives|access-date=23 March 2024}}</ref>
 
=== Indian subcontinent ===
On 17 December 1923, Mr. Hadfield set up Hadfield's (India) Ltd., a small paint company in [[Calcutta]].<ref name=":4" /> Towards the end of 1947, British Paints acquired Hadfield's (India) Ltd and thus British Paints (India) Ltd was incorporated in the State of West Bengal.<ref name=":7" /> In 1951, sales offices were opened in [[Delhi]] and [[Bombay]] and a depot was started in [[Guwahati]]. In 1969, Berger Jenson Nicholson Limited, UK bought British Paints (India) Ltd. This marked the beginning of Lewis Berger's legacy in India.<ref name=":7">{{cite web|url=http://economictimes.indiatimes.com/berger-paints-(india)-ltd/infocompanyhistory/companyid-13971.cms|title=The Economic Times|work=indiatimes.com}}</ref> In the year 1973, D. Madhukar took over as the managing director. Sales figures reached over {{INR}}16 [[crore]] by 1978.<ref>{{cite web|url=http://www.moneycontrol.com/company-facts/bergerpaintsindia/history/BPI02|title=Berger Paints India > Company History > Paints & Varnishes > Company History of Berger Paints India – BSE: 509480, NSE: BERGEPAINT|work=moneycontrol.com |last1=Com |first1=Moneycontrol }}</ref> The 80s, and the 90s, saw the launch of many new products such as [[emulsions]] and [[Distemper (paint)|distempers]]. In 1991, [[UB Group]] sold the company to [[Kuldip Singh Dhingra]], a shopkeeper from [[Amritsar]], and [[Gurbachan Singh Dhingra]].<ref>{{cite web|url=https://www.forbes.com/sites/naazneenkarmali/2013/08/04/dhingra-brothers-of-berger-paints-enter-ranks-of-indias-richest-as-shares-soar/|title=Dhingra Brothers Of Berger Paints Enter Ranks Of India's Richest As Shares Soar|first=Naazneen|last=Karmali|work=forbes.com}}</ref><ref>{{cite news |last1=Bhasin |first1=Sonu |title=How Kuldip Singh Dhingra, a 'shopkeeper' from Amritsar, bought Berger Paints from Vijay Mallya |url=https://scroll.in/article/930954/how-kuldip-singh-dhingra-a-shopkeeper-from-amritsar-bought-berger-paints-from-vijay-mallya |access-date=22 February 2023 |work=Scroll.in}}</ref> Subir Bose took over as managing director on 1 July 1994.<ref>{{cite web|url=https://www.bloomberg.com/markets/stocks|title=Stocks|work=bloomberg.com|date=20 May 2023 }}</ref> Bose retired on 30 June 2012, handing over the company to Abhijit Roy, the current managing director.<ref>{{cite web|url=http://www.indiainfoline.com/article/research-leader-speak/abhijit-roy-chief-operating-officer-berger-paints-india-ltd-28806008_1.html|title=Abhijit Roy, Chief Operating Officer, Berger Paints India Ltd|last=indiainfoline.com|work=indiainfoline.com}}</ref>
 
In March 2013, Berger Paints acquired Mumbai-based architectural paints division of [[Sherwin-Williams]].<ref>{{Cite news |last=Somvanshi |first=Kiran Kabtta |title=Berger Paints: Sherwin Williams unit buy is a strategic fit |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/stocks/news/berger-paints-sherwin-williams-unit-buy-is-a-strategic-fit/articleshow/18948823.cms |access-date=2022-04-02}}</ref> In 2021, Berger Paints set up their plant in [[Sandila]], [[Uttar Pradesh]].<ref>{{cite news|url=https://www.thehindubusinessline.com/companies/bergers-new-unit-at-sandila-to-help-improve-margins-profitability/article66480924.ece |title=  
Berger's new unit at Sandila to help improve margins, profitability|newspaper=The Hindu BusinessLine|date=7 February 2023|access-date=23 March 2024}}</ref>


==History==
=== Pakistan ===
In 1770, Louis Steigenberger shifted from [[Frankfurt]] to [[London]] to sell a [[Prussian blue]] colour, which was made using his own formula. He then changed his name to Lewis Berger. By 1870, Berger Paints was selling 19 different pigments such as black lead, sulphur, sealing wax and mustard. After his demise, his sons took over the business.{{citation needed|date=March 2017}} In the 1900s, Sherwin-Williams, an American company took control of the company. On 17 December 1923, Mr. Hadfield set up Hadfield's (India) Ltd., a small paint company in [[Calcutta]]. Towards the end of 1947, British Paints acquired Hadfield's (India) Ltd and thus British Paints (India) Ltd was incorporated in the State of West Bengal. In 1951, sales offices were opened in [[Delhi]] and [[Mumbai]] and a depot was started in [[Guwahati]]. In 1969, Berger Jenson Nicholson Limited, UK bought British Paints (India) Ltd. This marked the beginning of Lewis Berger's legacy in India.<ref>{{cite web|url=http://economictimes.indiatimes.com/berger-paints-(india)-ltd/infocompanyhistory/companyid-13971.cms|title=The Economic Times|work=indiatimes.com}}</ref> In the year 1973, D. Madhukar took over as the Managing Director. Sales figures reached over Rs. 160 million by 1978.<ref>{{cite web|url=http://www.moneycontrol.com/company-facts/bergerpaintsindia/history/BPI02|title=Berger Paints India > Company History > Paints & Varnishes > Company History of Berger Paints India – BSE: 509480, NSE: BERGEPAINT|work=moneycontrol.com}}</ref> The 80s and the 90s saw the launch of many new products such as [[emulsions]] and distempers. In 1991, [[UB group]] sold the company to [[Kuldip Singh Dhingra]] (Chairman) and [[Gurbachan Singh Dhingra]] (Vice Chairman).<ref>{{cite web|url=https://www.forbes.com/sites/naazneenkarmali/2013/08/04/dhingra-brothers-of-berger-paints-enter-ranks-of-indias-richest-as-shares-soar/|title=Dhingra Brothers Of Berger Paints Enter Ranks Of India's Richest As Shares Soar|first=Naazneen|last=Karmali|work=forbes.com}}</ref> Subir Bose took over as Managing Director on 1 July 1994.<ref>{{cite web|url=https://www.bloomberg.com/markets/stocks|title=Stocks|work=bloomberg.com}}</ref> Bose retired on 30 June 2012, handing over the company to Abhijit Roy, the current managing director.<ref>{{cite web|url=http://www.indiainfoline.com/article/research-leader-speak/abhijit-roy-chief-operating-officer-berger-paints-india-ltd-28806008_1.html|title=Abhijit Roy, Chief Operating Officer, Berger Paints India Ltd|last=indiainfoline.com|work=indiainfoline.com}}</ref>
On 25 March 1950, Berger Paints Pakistan Limited was incorporated in Pakistan. In 1955, the Karachi factory was established. In 1974, Berger Pakistan became a public limited company. In 1974, Berger Pakistan 50.62% shares were held by Jenson & Nicholson Limited (U.K. parent company), 49.38% shares were held by Pakistani investors. In 1991, Slotrapid Limited, a British Virgin Island company, acquired control of Berger Paints Pakistan Limited by purchasing 50.62% shares of the company.<ref name=":0" /><ref name=":3" />
 
=== Bangladesh ===
In the geographical region of [[Bangladesh]], Berger Paints were imported from Berger UK and then from Berger Pakistan. In 1970, the Kalurghat, Chittagong factory was inaugurated. In 1980, the name of the company changed from J&N (Bangladesh) Limited to Berger Paints Bangladesh Limited.<ref name=":5" /><ref name=":6" />


== Operations ==
== Operations ==
Apart from operations in Russia and a production facility at the Berger manufacturing unit at [[Krasnodar]], Berger Paints India also has an operational unit in [[Nepal]]. They have also acquired Bolix SA of Poland, a provider of External Insulation Finishing Systems (EIFS) in [[Eastern Europe]].<ref>{{cite web|url=http://www.business-standard.com/article/companies/berger-paints-acquires-polish-firm-for-rs-154-cr-108043001073_1.html|title=Berger Paints acquires Polish firm for Rs 154 cr|first=B. S.|last=Reporter|date=30 April 2008|via=Business Standard}}</ref><ref>{{cite web|url=http://economictimes.indiatimes.com/et-now/corporate/berger-paints-india-to-set-up-plant-in-russia/videoshow/46296404.cms|title=Berger Paints India to set up plant in Russia – The Economic Times Video – ET Now|work=indiatimes.com}}</ref>
Apart from operations in Russia and a production facility at the Berger manufacturing unit at [[Krasnodar]], Berger Paints India also has an operational unit in [[Nepal]]. They have also acquired Bolix SA of Poland, a provider of External Insulation Finishing Systems (EIFS) in [[Eastern Europe]].<ref>{{cite web|url=http://www.business-standard.com/article/companies/berger-paints-acquires-polish-firm-for-rs-154-cr-108043001073_1.html|title=Berger Paints acquires Polish firm for Rs 154 cr|first=B. S.|last=Reporter|date=30 April 2008|via=Business Standard}}</ref><ref>{{cite web|url=http://economictimes.indiatimes.com/et-now/corporate/berger-paints-india-to-set-up-plant-in-russia/videoshow/46296404.cms|title=Berger Paints India to set up plant in Russia – The Economic Times Video – ET Now|work=indiatimes.com|date=19 February 2015 }}</ref>


==References==
==References==
{{reflist|30em}}
{{reflist}}


==External links==
==External links==
* {{Official|http://www.bergerpaints.com/}}
* {{Official website|http://www.bergerpaints.com/}}


{{Nifty 200 companies}}
{{Nifty 200 companies}}
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[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Multinational companies headquartered in India]]

Latest revision as of 17:18, 19 February 2026


Berger Paints India Limited
Berger
Traded as
ISININE463A01038
IndustryChemicals
Founded17 December 1923; 102 years ago (1923-12-17)
Headquarters
Kolkata, West Bengal
,
India
Key people
  • Rishma Kaur (Chairman)
  • Kanwardip Singh Dhingra (Vice Chairman)
  • Abhijit Roy (Managing Director
Products
RevenueIncrease ₹11,262 crore (US$1.6 billion) (2024)[1]
Increase ₹1,557 crore (US$220 million) (2024)[2]
Increase ₹1,170 crore (US$160 million) (2024)[3]
Total assetsIncrease ₹8,369 crore (US$1.2 billion) (2024)[4]
Total equityIncrease ₹5,389 crore (US$760 million) (2024)[4]
OwnersDhingra family (75%)
Number of employees
3,600 (2020)
Websitebergerpaints.com
Headquarters in Newtown, Kolkata

Berger Paints India Ltd is an Indian multinational paint company, based in Kolkata.[5] This company has 16 manufacturing units in India,[6] 2 in Nepal, and 1 each in Poland, Russia and Pakistan.[7] It has manufacturing units at Howrah, Rishra,[8] Arinso, Taloja, Naltoli, Goa, Devla, Hindupur,[9] Jejuri,[10] Jammu,[11] Puducherry and Anand. The company has presence in six countries – India, Pakistan, Russia, Poland, Nepal and Bangladesh. It has an employee strength of over 3,600 and a countrywide distribution network of more than 25,000 dealers.[12]

History[edit | edit source]

European[edit | edit source]

In 1760, Louis Berger started a dye and pigment manufacturing business in England, which later changed to Louis Berger & Sons Limited. In 1770, Louis Steigenberger shifted from Frankfurt to London to sell a Prussian blue colour, which was made using his own formula. He perfected this process & art of the blue colour, which was the colour of most military uniforms of that time. He then changed his name to Lewis Berger. By 1870, Berger Paints was selling 19 different pigments such as black lead, sulphur, sealing wax and mustard. After his death, his sons took over the business.[13][14][15][16][17] In the UK, the company, which by then was known as Berger, Jenson and Nicholson, was acquired by Hoechst AG in 1970 and by Williams Holdings in 1988.[18]

Indian subcontinent[edit | edit source]

On 17 December 1923, Mr. Hadfield set up Hadfield's (India) Ltd., a small paint company in Calcutta.[15] Towards the end of 1947, British Paints acquired Hadfield's (India) Ltd and thus British Paints (India) Ltd was incorporated in the State of West Bengal.[19] In 1951, sales offices were opened in Delhi and Bombay and a depot was started in Guwahati. In 1969, Berger Jenson Nicholson Limited, UK bought British Paints (India) Ltd. This marked the beginning of Lewis Berger's legacy in India.[19] In the year 1973, D. Madhukar took over as the managing director. Sales figures reached over ₹16 crore by 1978.[20] The 80s, and the 90s, saw the launch of many new products such as emulsions and distempers. In 1991, UB Group sold the company to Kuldip Singh Dhingra, a shopkeeper from Amritsar, and Gurbachan Singh Dhingra.[21][22] Subir Bose took over as managing director on 1 July 1994.[23] Bose retired on 30 June 2012, handing over the company to Abhijit Roy, the current managing director.[24]

In March 2013, Berger Paints acquired Mumbai-based architectural paints division of Sherwin-Williams.[25] In 2021, Berger Paints set up their plant in Sandila, Uttar Pradesh.[26]

Pakistan[edit | edit source]

On 25 March 1950, Berger Paints Pakistan Limited was incorporated in Pakistan. In 1955, the Karachi factory was established. In 1974, Berger Pakistan became a public limited company. In 1974, Berger Pakistan 50.62% shares were held by Jenson & Nicholson Limited (U.K. parent company), 49.38% shares were held by Pakistani investors. In 1991, Slotrapid Limited, a British Virgin Island company, acquired control of Berger Paints Pakistan Limited by purchasing 50.62% shares of the company.[13][14]

Bangladesh[edit | edit source]

In the geographical region of Bangladesh, Berger Paints were imported from Berger UK and then from Berger Pakistan. In 1970, the Kalurghat, Chittagong factory was inaugurated. In 1980, the name of the company changed from J&N (Bangladesh) Limited to Berger Paints Bangladesh Limited.[16][17]

Operations[edit | edit source]

Apart from operations in Russia and a production facility at the Berger manufacturing unit at Krasnodar, Berger Paints India also has an operational unit in Nepal. They have also acquired Bolix SA of Poland, a provider of External Insulation Finishing Systems (EIFS) in Eastern Europe.[27][28]

References[edit | edit source]

  1. ↑ Com, Moneycontrol. "Berger Paints India Balance Sheet, Berger Paints India Financial Statement & Accounts". moneycontrol.com.
  2. ↑ "BSE Ltd. (Bombay Stock Exchange) | Live Stock Market updates for S&P BSE SENSEX, Stock Price, Company News & Results". www.bseindia.com.
  3. ↑ Com, Moneycontrol. "Berger Paints India Consolidated Profit & Loss account, Berger Paints India Financial Statement & Accounts". www.moneycontrol.com.
  4. ↑ 4.0 4.1 Com, Moneycontrol. "Berger Paints India Balance Sheet, Berger Paints India Financial Statement & Accounts". moneycontrol.com.
  5. ↑ "Berger Paints India Q3FY16 standalone net profit rises 38% yoy to Rs. 101 crore : Misses Estimates". www.indiainfoline.com. Retrieved 21 April 2020.
  6. ↑ "Berger Paints India Ltd" – via Business Standard.
  7. ↑ Com, Moneycontrol. "Berger Paints India Stock Price, Share Price, Live BSE/NSE, Berger Paints India Bids Offers. Buy/Sell Berger Paints India news & tips, & F&O Quotes". moneycontrol.com.
  8. ↑ "Berger Paints plans ₹60 cr. for Howrah, Rishra units". The Hindu. 4 August 2017. ISSN 0971-751X. Retrieved 2 March 2018.
  9. ↑ "Berger Paints opens Hindupur plant in Andhra Pradesh". The Economic Times. 2014. Retrieved 2 March 2018.
  10. ↑ "Berger Paints commences production at Jejuri plant". @businessline. Retrieved 2 March 2018.
  11. ↑ "Berger builds paint plant in Jammu & Kashmir". Retrieved 2 March 2018.
  12. ↑ "Berger Paints unveils new initiative for residential buildings". thehindubusinessline.com. 16 September 2015.
  13. ↑ 13.0 13.1 "Berger Paints Pakistan Limited".
  14. ↑ 14.0 14.1 Hussain, Dilawar (26 September 2016). "Painting the future bright". DAWN.COM. Retrieved 2 April 2022.
  15. ↑ 15.0 15.1 "Berger Paints India Limited".
  16. ↑ 16.0 16.1 "History and Milestones - Berger Paints Bangladesh". 26 April 2021. Retrieved 2 April 2022.
  17. ↑ 17.0 17.1 "Berger Paints Bangladesh Limited".
  18. ↑ "Berger, Jenson and Nicholson, Paint Makers Records". National Archives. Retrieved 23 March 2024.
  19. ↑ 19.0 19.1 "The Economic Times". indiatimes.com.
  20. ↑ Com, Moneycontrol. "Berger Paints India > Company History > Paints & Varnishes > Company History of Berger Paints India – BSE: 509480, NSE: BERGEPAINT". moneycontrol.com.
  21. ↑ Karmali, Naazneen. "Dhingra Brothers Of Berger Paints Enter Ranks Of India's Richest As Shares Soar". forbes.com.
  22. ↑ Bhasin, Sonu. "How Kuldip Singh Dhingra, a 'shopkeeper' from Amritsar, bought Berger Paints from Vijay Mallya". Scroll.in. Retrieved 22 February 2023.
  23. ↑ "Stocks". bloomberg.com. 20 May 2023.
  24. ↑ indiainfoline.com. "Abhijit Roy, Chief Operating Officer, Berger Paints India Ltd". indiainfoline.com.
  25. ↑ Somvanshi, Kiran Kabtta. "Berger Paints: Sherwin Williams unit buy is a strategic fit". The Economic Times. Retrieved 2 April 2022.
  26. ↑ "Berger's new unit at Sandila to help improve margins, profitability". The Hindu BusinessLine. 7 February 2023. Retrieved 23 March 2024.
  27. ↑ Reporter, B. S. (30 April 2008). "Berger Paints acquires Polish firm for Rs 154 cr" – via Business Standard.
  28. ↑ "Berger Paints India to set up plant in Russia – The Economic Times Video – ET Now". indiatimes.com. 19 February 2015.

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