Berger Paints India (NSE:BERGEPAINT) ROA %: 13.31% (As of Mar. 2026) — Near Median


NSE:BERGEPAINT Berger Paints India Ltd NSE:BERGEPAINT
96 GF Score
Price ₹515.35
GF Value ₹585.17
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Berger Paints India ROA %?

Berger Paints India NSE:BERGEPAINT +1.03% 96 ROA % is 13.31% as of Mar. 2026, which is 2% above its 10-year median of 12.99. GuruFocus rates NSE:BERGEPAINT with a GF Score™ of 96/100 and a GF Value™ of ₹585.17 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,613 Chemicals companies, Berger Paints India ranks better than 91.88% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Berger Paints India's annualized Net Income for the quarter that ended in Mar. 2026 was ₹13,391 Mil. Berger Paints India's average Total Assets over the quarter that ended in Mar. 2026 was ₹100,573 Mil. Therefore, Berger Paints India's annualized ROA % for the quarter that ended in Mar. 2026 was 13.31%.

The historical rank and industry rank for Berger Paints India's ROA % or its related term are showing as below:

NSE:BERGEPAINT' s ROA % Range Over the Past 10 Years
Min: 11.32   Med: 12.99   Max: 14.99
Current: 11.8

During the past 13 years, Berger Paints India's highest ROA % was 14.99%. The lowest was 11.32%. And the median was 12.99%.

NSE:BERGEPAINT's ROA % is ranked better than
91.88% of 1613 companies
in the Chemicals industry
Industry Median: 2.9 vs NSE:BERGEPAINT: 11.80

Berger Paints India  (NSE:BERGEPAINT) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=13390.8/100572.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13390.8 / 114721.2)*(114721.2 / 100572.6)
=Net Margin %*Asset Turnover
=11.67 %*1.1407
=13.31 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Berger Paints India ROA % Related Terms


Berger Paints India ROA % Historical Data

* Premium members only.

The historical data trend for Berger Paints India's ROA % 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.

Berger Paints India ROA % Chart

Berger Paints India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.68 11.32 14.30 13.49 11.75

Berger Paints India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.48 13.78 8.73 11.47 13.31

NSE:BERGEPAINT vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Berger Paints India's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints India's ROA % distribution charts can be found below:

* The bar in red indicates where Berger Paints India's ROA % falls into.


NSE:BERGEPAINT
96GF Score
Berger Paints India Ltd NSE:BERGEPAINT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Berger Paints India ROA % Calculation

Berger Paints India's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=11268.7/( (91316.4+100572.6)/ 2 )
=11268.7/95944.5
=11.75 %

Berger Paints India's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=13390.8/( (0+100572.6)/ 1 )
=13390.8/100572.6
=13.31 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 13.31% mean?
Berger Paints India (NSE:BERGEPAINT) has a ROA % of 13.31% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Berger Paints India and its competitors. This is near median its historical median of 12.99. Over the past decade, Berger Paints India's ROA % has ranged from 11.32 to 14.99. According to the industry distribution chart, Berger Paints India ranks #131 out of 1613 companies in the Chemicals industry, placing it in the top 8.1%.
Is Berger Paints India's ROA % too high?
Berger Paints India's current ROA % of 13.31% is near median its 10-year median of 12.99. Over the past 10 years, this metric has ranged from a low of 11.32 to a high of 14.99. The Chemicals industry median ROA % is 2.90. Berger Paints India's value of 13.31% is 359% above this industry median. Based on the distribution chart, Berger Paints India ranks #131 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Berger Paints India has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints India's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints India ranks #131 out of 1613 companies for ROA %. This places Berger Paints India in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Berger Paints India's value of 13.31% is 359% above this benchmark. Historically, Berger Paints India's own ROA % has ranged from 11.32 to 14.99 over the past decade. While the company's 10-year median is 12.99 vs. the industry median of 2.90, 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 ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,613 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Berger Paints India's current ROA % of 13.31% is 359% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Berger Paints India and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints India's current ROA % is 13.31%, which is near median its own 10-year median of 12.99. 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 ₹585.17, compared to a current price of ₹515.35 — trading 11.9% below its estimated fair value. The current ROA % is 13.31%, which is near median its 10-year median of 12.99 and 359% above the Chemicals industry median of 2.90. Berger Paints India's overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Berger Paints India (NSE:BERGEPAINT), the current ROA % is 13.31% 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 ₹515.35 is trading 11.9% below its estimated GF Value™ of ₹585.17. GuruFocus considers Berger Paints India to be Modestly Undervalued.

Key valuation signals for NSE:BERGEPAINT:

  • ROA %: 13.31% (near median its 10-year median of 12.99)
  • GF Value™: ₹585.17 vs. price of ₹515.35 (11.9% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 359% above the Chemicals median (#131 of 1613)

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 Business Description

Other Exchanges 509480:India
Address Plot No. CF-4, Action Area-IC, New Town, Kolkata, WB, IND, 700 017
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.
96GF Score

Get the complete analysis for NSE:BERGEPAINT

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹515.35
Price
₹585.17
GF Value