Solar Industries vs Berger Paints India: share price, P/E, ROE and financials compared
Solar Industries India
Berger Paints India
Solar Industries and Berger Paints India at a glance
Solar Industries is the larger by market cap, at ₹1.7L Cr against ₹55,776 Cr for Berger Paints India (3.0 times as large). On valuation, Berger Paints India has the lower P/E (45.4× against 74.4×) and the lower price-to-book (7.88× against 21.94×). On returns and margins, Solar Industries has the higher ROCE (29.5% against 20.6%), the higher ROE (35.1% against 17.2%) and the higher operating margin (27.8% against 16.5%). Over three years, Solar Industries has faster 3-year sales growth (+12.4% against +4.2% a year) and faster 3-year profit growth (+30.4% against +9.4% a year). Berger Paints India carries less debt for its equity, with a debt-to-equity of 0.09× against 0.22×.
Key metrics, side by side
| Metric | Solar IndustriesSOLARINDS | Berger Paints IndiaBERGEPAINT |
|---|---|---|
| Price (₹) | 18,608.00 | 478.35 |
| Market cap (₹ Cr) | 1,68,384 | 55,776 |
| P/E | 74.4× | 45.4× (the lower figure, shaded) |
| P/B | 21.94× | 7.88× (the lower figure, shaded) |
| Dividend yield, trailing | 0.06% | 0.84% (the higher figure, shaded) |
| ROE | 35.1% (the higher figure, shaded) | 17.2% |
| ROCE | 29.5% (the higher figure, shaded) | 20.6% |
| Operating margin (OPM) | 27.8% (the higher figure, shaded) | 16.5% |
| Net margin (NPM) | 17.7% (the higher figure, shaded) | 9.9% |
| Sales CAGR 3Y | +12.4% (the higher figure, shaded) | +4.2% |
| Profit CAGR 3Y | +30.4% (the higher figure, shaded) | +9.4% |
| Debt to equity | 0.22× | 0.09× (the lower figure, shaded) |
| Interest cover | 18.7× | 26.8× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 2,263 | – |
| 1Y return | +35.9% (the higher figure, shaded) | −6.0% |
| Promoter holding | 73.15% | 74.99% |
Solar Industries vs Berger Paints India: common questions
Which is bigger, Solar Industries or Berger Paints India?
By market cap, Solar Industries is bigger at ₹1.7L Cr, against ₹55,776 Cr for Berger Paints India (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Solar Industries or Berger Paints India?
Solar Industries trades at a P/E of 74.4× and Berger Paints India at 45.4×. Berger Paints India has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Solar Industries or Berger Paints India?
Solar Industries reports a return on equity of 35.1% and Berger Paints India 17.2%. Solar Industries has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Solar Industries or Berger Paints India?
Over the last three years: Sales grew +12.4% a year at Solar Industries and +4.2% at Berger Paints India, so Solar Industries grew sales faster; profit grew +30.4% a year at Solar Industries and +9.4% at Berger Paints India, so Solar Industries grew profit faster. Past growth doesn’t predict future growth.