BERG Berger Paints Pakistan Limited

Berger Paints Pakistan Limited (BERG) financial ratios

Berger Paints Pakistan Limited earned a net margin of 3.4% in FY2026 against a five-year average of 3.1% (Chemical median 4.7%). Return on equity was 7.7%, compared with a sector median of 12.2%. The current ratio stood at 1.38× and debt was 48.8% of equity. Cash took about 109 days to cycle through receivables, inventory and payables.

FY2026 vs the Chemical median

Gross margin: 23.2%; Sector median 18.7%
Operating margin: 7.4%; Sector median 11.8%
Net margin: 3.4%; Sector median 4.7%
Return on equity (ROE): 7.7%; Sector median 12.2%
Return on assets (ROA): 3.6%; Sector median 7.1%
Current ratio: 1.38×; Sector median 1.46×
Debt to equity: 48.8%; Sector median 45.9%
Asset turnover: 1.06×; Sector median 1.05×
Dividend payout ratio: 39.6%; Sector median 19.3%

Median of the 25 companies in the sector with the figure for their latest fiscal year.

BERG financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 * Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 * Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	23.2%	20.7%	20.1%	20.2%	17.4%	20.2%	21.2%	21.9%	24.2%	29.0%	30.4%	26.1%	24.1%	21.4%	18.7%	20.1%	22.8%	23.2%	19.9%	26.3%
EBITDA margin	10.0%	9.5%	10.7%	10.0%	7.0%	6.9%	7.4%	7.2%	5.9%	7.6%	12.3%	8.4%	6.3%	7.3%	5.6%	5.2%	5.6%	10.2%	(1.2%)	7.7%
Operating margin	7.4%	7.2%	8.2%	8.1%	5.2%	6.9%	5.5%	5.6%	4.4%	6.1%	10.2%	6.9%	4.9%	5.7%	3.9%	3.4%	3.7%	8.8%	(2.4%)	6.7%
Pre-tax margin	5.6%	5.2%	5.1%	4.7%	3.5%	5.2%	2.6%	2.0%	2.7%	5.0%	6.2%	3.8%	3.2%	2.6%	(0.1%)	(2.0%)	(3.6%)	1.1%	(13.3%)	4.1%
Net margin	3.4%	3.3%	3.0%	3.2%	2.7%	3.5%	1.6%	1.8%	1.9%	3.7%	3.5%	2.5%	2.1%	1.5%	(0.2%)	(2.0%)	(3.3%)	(0.4%)	(9.5%)	0.2%
Effective tax rate	38.3%	35.6%	38.2%	29.9%	22.2%	34.3%	39.6%	9.3%	31.2%	25.3%	43.2%	35.0%	35.2%	40.2%	—	—	—	133.5%	—	96.1%
Returns
Return on equity (ROE)	7.7%	8.3%	7.8%	8.3%	—	—	4.0%	6.4%	7.1%	14.3%	14.3%	11.2%	13.2%	9.7%	(1.4%)	(11.0%)	(15.8%)	(1.4%)	(66.4%)	0.2%
Return on assets (ROA)	3.6%	3.9%	3.8%	3.7%	—	—	1.5%	2.2%	2.5%	5.0%	5.0%	3.2%	3.0%	2.1%	(0.3%)	(2.3%)	(3.6%)	(0.5%)	(12.2%)	0.3%
Return on invested capital (ROIC)	7.1%	8.9%	10.5%	10.7%	—	—	5.5%	8.1%	6.0%	10.3%	9.8%	8.7%	9.3%	8.1%	—	—	—	(8.6%)	—	0.4%
Liquidity
Current ratio	1.38×	1.45×	1.55×	1.54×	1.29×	—	1.26×	1.19×	1.14×	1.15×	1.13×	1.06×	1.07×	0.98×	0.95×	0.99×	0.92×	0.83×	0.86×	0.99×
Quick ratio	0.94×	1.03×	1.09×	1.01×	0.79×	—	0.77×	0.82×	0.74×	0.74×	0.79×	0.74×	0.71×	0.59×	0.50×	0.51×	0.50×	0.42×	0.49×	0.60×
Leverage
Debt to equity	48.8%	42.7%	28.4%	23.2%	68.4%	—	67.4%	85.5%	82.3%	79.6%	65.4%	98.6%	186.2%	196.0%	199.2%	208.2%	187.7%	211.0%	401.3%	131.6%
Debt to capital	32.8%	29.9%	22.1%	18.8%	40.6%	—	40.3%	46.1%	45.1%	44.3%	39.5%	49.6%	65.1%	66.2%	66.6%	67.6%	65.2%	67.8%	80.1%	56.8%
Debt to assets	22.9%	19.9%	13.7%	11.3%	27.1%	—	30.2%	31.2%	29.4%	27.3%	24.3%	33.3%	44.5%	43.4%	40.5%	41.0%	43.3%	48.0%	50.6%	36.6%
Assets to equity	2.14×	2.11×	2.07×	2.26×	—	—	2.45×	2.77×	2.85×	2.81×	2.82×	3.44×	4.33×	4.70×	5.00×	4.68×	4.37×	5.54×	5.22×	3.36×
Efficiency
Asset turnover	1.06×	1.18×	1.24×	1.16×	—	—	0.95×	1.21×	1.33×	1.33×	1.43×	1.29×	1.44×	1.38×	1.31×	1.16×	1.08×	1.19×	1.28×	1.50×
Receivable days days	141	135	120	116	—	—	152	128	113	116	107	116	98	89	83	89	92	90	97	82
Inventory days days	93	78	78	97	—	—	111	88	88	88	75	86	90	104	116	133	139	125	104	87
Payable days days	124	114	112	118	—	—	118	113	120	136	106	89	85	102	109	111	104	98	96	87
Cash conversion cycle days	109	98	86	94	—	—	146	102	81	67	75	114	103	92	90	111	127	116	105	82
Dividends
Dividend payout ratio	39.6%	33.0%	0.0%	35.2%	42.2%	—	27.9%	22.7%	0.0%	81.6%	9.9%	41.4%	0.0%	14.8%	—	—	—	—	—	3,556.3%
Earnings retention rate	0.60×	0.67×	1.00×	0.65×	0.58×	—	0.72×	0.77×	1.00×	0.18×	0.90×	0.59×	1.00×	0.85×	—	—	—	—	—	(34.56×)

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

BERG: frequently asked questions

What is BERG's EPS?

Berger Paints Pakistan Limited reported basic earnings per share of Rs 12.64 for FY2026 (Jul 2025 – Jun 2026).

What is BERG's P/E ratio?

At the closing price of Rs 112.68 on 16 Oct 2026, BERG trades at a P/E of 8.9× based on EPS of Rs 12.64 (FY2026).

Does BERG pay dividends?

Yes. Berger Paints Pakistan Limited declared a dividend of Rs 5.00 per share for FY2026. It has paid a dividend in each of the last 3 years. At Rs 112.68 that is a dividend yield of 4.4%.

What was BERG's revenue and profit in FY2026?

Berger Paints Pakistan Limited reported revenue of Rs 9.2 bn and profit attributable to shareholders of Rs 310.3 mn for FY2026 (Jul 2025 – Jun 2026).

What is BERG's book value per share?

Berger Paints Pakistan Limited's book value per share was Rs 178.51 at the end of FY2026. The shares trade at 0.63× book value.

Information only, not investment advice.