Berger Paints IndiaNSE:BERGEPAINT -0.25%97 Interest Coverage is 32.81 as of Mar. 2026, which is 46% above its 10-year median of 22.51. GuruFocus rates NSE:BERGEPAINT with a GF Score™ of 97/100 and a GF Value™ of ₹586.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,231 Chemicals companies, Berger Paints India ranks better than 66.37% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Berger Paints India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹3,806 Mil. Berger Paints India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-116 Mil.
Berger Paints India's interest coverage for the quarter that ended in Mar. 2026 was 32.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Berger Paints India's Interest Coverage or its related term are showing as below:
NSE:BERGEPAINT'
s Interest Coverage Range Over the Past 10 Years
Min: 12.82 Med: 22.51 Max: 37.66
Current: 25.03
NSE:BERGEPAINT's Interest Coverage is ranked better than 66.37% of 1231
companies
in the Chemicals industry
Industry Median: 10.21
vs NSE:BERGEPAINT: 25.03
Berger Paints India (NSE:BERGEPAINT) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Berger Paints India Interest Coverage Related Terms
Berger Paints India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Berger Paints India's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:BERGEPAINT vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Berger Paints India's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Berger Paints India Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Berger Paints India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Berger Paints India's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Berger Paints India (NSE:BERGEPAINT) has a Interest Coverage of 32.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Berger Paints India and its competitors. This is 46% above median its historical median of 22.51. Over the past decade, Berger Paints India's Interest Coverage has ranged from 12.82 to 37.66. According to the industry distribution chart, Berger Paints India ranks #414 out of 1231 companies in the Chemicals industry, placing it in the top 33.6%.
Is Berger Paints India's Interest Coverage too high?
Berger Paints India's current Interest Coverage of 32.81 is 46% above median its 10-year median of 22.51. Over the past 10 years, this metric has ranged from a low of 12.82 to a high of 37.66. The Chemicals industry median Interest Coverage is 10.21. Berger Paints India's value of 32.81 is 221.4% above this industry median. Based on the distribution chart, Berger Paints India ranks #414 out of 1231 companies in the Chemicals industry, which is above the industry midpoint. Overall, Berger Paints India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints India's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints India ranks #414 out of 1231 companies for Interest Coverage. This puts Berger Paints India in the upper half of its industry. The industry median Interest Coverage is 10.21. Berger Paints India's value of 32.81 is 221.4% above this benchmark. Historically, Berger Paints India's own Interest Coverage has ranged from 12.82 to 37.66 over the past decade. While the company's 10-year median is 22.51 vs. the industry median of 10.21, Berger Paints India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,231 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Berger Paints India's current Interest Coverage of 32.81 is 221.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Berger Paints India and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints India's current Interest Coverage is 32.81, which is 46% above median its own 10-year median of 22.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints India stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints India (NSE:BERGEPAINT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹586.23, compared to a current price of ₹519.45 — trading 11.4% below its estimated fair value. The current Interest Coverage is 32.81, which is 46% above median its 10-year median of 22.51 and 221.4% above the Chemicals industry median of 10.21. Berger Paints India's overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Berger Paints India (NSE:BERGEPAINT), the current Interest Coverage is 32.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Berger Paints India (NSE:BERGEPAINT) Overvalued in 2026?
Based on GuruFocus' analysis, Berger Paints India stock appears to be undervalued.
The current stock price of ₹519.45 is trading 11.4% below its estimated GF Value™ of ₹586.23.
GuruFocus considers Berger Paints India to be Modestly Undervalued.
Key valuation signals for NSE:BERGEPAINT:
Interest Coverage: 32.81 (46% above median its 10-year median of 22.51)
GF Value™: ₹586.23 vs. price of ₹519.45 (11.4% below fair value)
Industry Position: 221.4% above the Chemicals median (#414 of 1231)
No single metric tells the full story. See the NSE:BERGEPAINT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. All the revenue comes from India.
97GF Score
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