 | |
| Berger | |
| Company type | Public |
| ISIN | INE463A01038 |
| Industry | Chemicals |
| Founded | 17 December 1923; 101 years ago (1923-12-17) |
| Headquarters | , India |
Key people |
|
| Products | |
| Revenue |  ₹11,262 crore (US$1.3 billion) (2024)[1] |
| ₹1,557 crore (US$180 million) (2024)[2] | |
| ₹1,170 crore (US$130 million) (2024)[3] | |
| Total assets | ₹8,369 crore (US$960 million) (2024)[4] |
| Total equity | ₹5,389 crore (US$620 million) (2024)[4] |
| Owners | Dhingra family (75%) |
Number of employees | 3,600 (2020) |
| Website | bergerpaints.com |
Berger Paints India Ltd is an Indianmultinationalpaint company, based inKolkata.[5] This company has 16 manufacturing units inIndia,[6] 2 inNepal, and 1 each inPoland,Russia andPakistan.[7] It has manufacturing units atHowrah,Rishra,[8] Arinso,Taloja, Naltoli,Goa,Devla,Hindupur,[9]Jejuri,[10]Jammu,[11]Puducherry andAnand. The company has presence in six countries – India, Pakistan,Russia, Poland, Nepal andBangladesh. It has an employee strength of over 3,600 and a countrywide distribution network of more than 25,000 dealers.[12]
As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, Kuldip Singh & Gurbachan Singh Dhingra are ranked 38th with a net worth of $7.5 Billion.[13]
In 1760, Louis Berger started adye andpigment manufacturing business inEngland, which later changed to Louis Berger & Sons Limited. In 1770, Louis Steigenberger shifted fromFrankfurt toLondon to sell aPrussian 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.[14][15][16][17][18] In the UK, the company, which by then was known as Berger, Jenson and Nicholson, was acquired byHoechst AG in 1970 and byWilliams Holdings in 1988.[19]
On 17 December 1923, Mr. Hadfield set up Hadfield's (India) Ltd., a small paint company inCalcutta.[16] 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.[20] In 1951, sales offices were opened inDelhi andBombay and a depot was started inGuwahati. In 1969, Berger Jenson Nicholson Limited, UK bought British Paints (India) Ltd. This marked the beginning of Lewis Berger's legacy in India.[20] In the year 1973, D. Madhukar took over as the managing director. Sales figures reached over₹16crore by 1978.[21] The 80s, and the 90s, saw the launch of many new products such asemulsions anddistempers. In 1991,UB Group sold the company toKuldip Singh Dhingra, a shopkeeper fromAmritsar, andGurbachan Singh Dhingra.[22][23] Subir Bose took over as managing director on 1 July 1994.[24] Bose retired on 30 June 2012, handing over the company to Abhijit Roy, the current managing director.[25]
In March 2013, Berger Paints acquired Mumbai-based architectural paints division ofSherwin-Williams.[26] In 2021, Berger Paints set up their plant inSandila,Uttar Pradesh.[27]
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.[14][15]
In the geographical region ofBangladesh, 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.[17][18]
Apart from operations in Russia and a production facility at the Berger manufacturing unit atKrasnodar, Berger Paints India also has an operational unit inNepal. They have also acquired Bolix SA of Poland, a provider of External Insulation Finishing Systems (EIFS) inEastern Europe.[28][29]
