PUBLIC COMPANY; YEAR ESTABLISHED: 1923
REVENUE: $1.02 billion s (2016: $933 million)
Decorative coatings; Automotive coatings; Industrial coatings; Powder coatings
Abhijit Roy, managing director and CEO; Srijit Dasgupta, director – finance and CFO; Aniruddha Sen, senior VP and company secretary; Tapan Dhar, vice president, technical director.
Berger Paints India Limited was founded in 1923 and is a leader in the Indian paint market. The company manufactures and markets a range of decorative and industrial paint products and has operations throughout India with seven manufacturing facilities, more than 135 depots, approximately 3,000 employees and more than 15,000 dealers. Architectural/decorative coatings comprise 81.7 percent of sales, general industrial and automotive comprise 10.8 percent, protective coatings comprises six percent and powder is 1.5 percent of sales. Berger’s paint division related to automotive coatings and related ancillaries was transferred to BNB Coatings India Private Limited (now renamed Berger Nippon Paint Automotive Coatings Private Limited), an existing joint venture between Bergen Paints and Nippon Paints Automotive Coatings,
In a recent interview with Coatings World, Managing Director and CEO Abhijit Roy spoke about the company’s performance in 2017: “It was a good year for us and we achieved double digit growth in revenues and profit in spite of the disruption caused by the implementation of GST. We have a strong presence in most segments and almost all of our divisions have posted strong growth this year. This is in part due to our continued focus on our people, R&D and market-led innovation.
“Berger operates in diversified segments from decorative paints, automotive, general industrial, auto refinish, powder coatings and marine paints,” he continued. “The largest growth opportunities for us would be Wall Coatings within Decorative Coatings and Protective Coatings. These are the segments on which R&D and Sales and Marketing focus largely.”