Sirca Paints India Ltd
SIRCA NSE
Sirca Paints India Ltd
Consumer DiscretionaryNSE: SIRCA BSE: 543686 Consumer Durables
Key Fundamentals
MicrocapPaintsConsumer GoodsMarket Cap
₹2,563 Cr
Volatility
High Risk
P/E Ratio
38.09
EBITDA
₹103 Cr
Return on Equity
13.68%
Debt to Equity
0.07
Book Value
₹83.66
EPS
₹8.89
52W High
₹539
52W Low
₹385
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Sirca Paints India Ltd insights
47 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Company's median sales growth is 18.7% of last 10 years
Weaknesses
1- Debtor days have increased from 94.5 to 115 days.
Growth Rate
Revenue Growth
31.05% ↗
Net Income Growth
32.38% ↗
Cash Flow Change
-18.15% ↘
ROE
-2.49% ↗
ROCE
6.81% ↗
EBITDA Margin (Avg.)
7.99% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 84 | 72 | 83 | 79 | 105 | 89 | 101 | 114 | 131 | 113 | 134 | 130 |
| Expenses | 56 | 62 | 59 | 66 | 65 | 86 | 73 | 82 | 92 | 104 | 90 | 109 | 106 |
| Operating Profit | 17 | 21 | 14 | 16 | 14 | 19 | 15 | 19 | 23 | 27 | 23 | 26 | 24 |
| OPM % | 24% | 25% | 19% | 20% | 18% | 18% | 17% | 19% | 20% | 21% | 20% | 19% | 19% |
| Other Income | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| PBT | 18 | 21 | 14 | 17 | 14 | 18 | 16 | 18 | 19 | 24 | 20 | 23 | 22 |
| Tax % | 27% | 26% | 24% | 26% | 27% | 26% | 26% | 22% | 26% | 26% | 26% | 23% | 27% |
| Net Profit | 13 | 16 | 11 | 13 | 10 | 13 | 11 | 14 | 14 | 18 | 15 | 18 | 16 |
| EPS in Rs | 2.35 | 2.83 | 1.92 | 2.28 | 1.86 | 2.42 | 2.09 | 2.58 | 2.59 | 3.19 | 2.65 | 3.12 | 2.85 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 71 | 83 | 89 | 116 | 134 | 141 | 196 | 264 | 311 | 372 | 492 | 508 |
| Expenses | 60 | 61 | 62 | 63 | 84 | 103 | 128 | 158 | 202 | 243 | 304 | 394 | 408 |
| Operating Profit | 6 | 10 | 20 | 26 | 32 | 31 | 12 | 38 | 62 | 69 | 67 | 99 | 100 |
| OPM % | 9% | 14% | 25% | 29% | 27% | 23% | 9% | 20% | 23% | 22% | 18% | 20% | 20% |
| Other Income | 4 | 2 | 2 | 4 | 6 | 6 | 14 | 4 | 5 | 6 | 5 | 4 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
| Depreciation | 0 | 1 | 0 | 1 | 1 | 2 | 4 | 4 | 4 | 6 | 7 | 11 | 11 |
| PBT | 9 | 11 | 22 | 30 | 37 | 34 | 23 | 38 | 62 | 69 | 65 | 87 | 90 |
| Tax % | 35% | 35% | 36% | 34% | 30% | 26% | 27% | 27% | 26% | 26% | 25% | 25% | — |
| Net Profit | 6 | 7 | 14 | 19 | 26 | 25 | 17 | 28 | 46 | 51 | 49 | 65 | 67 |
| EPS in Rs | 206 | 243 | 457 | 4.82 | 4.73 | 4.59 | 3.03 | 5.06 | 8.41 | 9.39 | 8.96 | 11.45 | 11.81 |
| Div. Payout % | 0% | 0% | 0% | 0% | 7% | 16% | 25% | 20% | 9% | 16% | 17% | 17% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.1 | 0.1 | 0.1 | 13 | 18 | 27 | 27 | 27 | 27 | 55 | 55 | 57 |
| Reserves | 13 | 20 | 34 | 54 | 150 | 157 | 174 | 198 | 238 | 254 | 295 | 418 |
| Borrowings | 12 | 11 | 4 | 5 | 0 | 0 | 13 | 0 | 0 | 0 | 50 | 32 |
| Other Liabilities | 8 | 14 | 23 | 22 | 23 | 25 | 40 | 37 | 47 | 42 | 51 | 81 |
| Total Liabilities | 33 | 45 | 61 | 95 | 191 | 210 | 255 | 262 | 312 | 351 | 451 | 589 |
| Fixed Assets | 2 | 2 | 8 | 20 | 25 | 50 | 41 | 53 | 54 | 58 | 164 | 174 |
| CWIP | 0 | 0 | 0 | 0 | 9 | 0 | 2 | 1 | 5 | 6 | 0 | 10 |
| Investments | 2 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 44 | 2 | 57 |
| Other Assets | 29 | 40 | 51 | 75 | 157 | 160 | 212 | 208 | 252 | 243 | 285 | 348 |
| Total Assets | 33 | 45 | 61 | 95 | 191 | 210 | 255 | 262 | 312 | 351 | 451 | 589 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | 5 | 11 | -1 | 12 | -8 | 19 | 35 | -19 | 42 | 54 | 44 |
| Investing | — | -1 | -5 | -13 | -71 | 5 | 15 | -11 | 9 | -21 | -45 | -70 |
| Financing | — | -1 | -7 | 16 | 68 | -8 | 0 | -17 | -6 | -8 | -8 | 39 |
| Net Cash Flow | — | 2 | -2 | 1 | 9 | -11 | 34 | 7 | -15 | 12 | 1 | 14 |
| Free Cash Flow | — | 4 | 5 | -14 | -2 | -29 | 26 | 19 | -29 | 32 | -53 | 17 |
| CFO/OP | — | 94 | 53 | -5 | 76 | 13 | 204 | 121 | 0 | 80 | 105 | 67 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 83 | 106 | 137 | 125 | 124 | 112 | 85 | 71 | 77 | 92 | 115 |
| Inventory Days | 26 | 45 | 76 | 120 | 144 | 265 | 282 | 217 | 248 | 206 | 198 | 151 |
| Days Payable | 22 | 44 | 70 | 56 | 92 | 105 | 151 | 98 | 90 | 70 | 71 | 74 |
| Cash Conversion Cycle | 67 | 84 | 112 | 201 | 177 | 285 | 242 | 204 | 229 | 213 | 218 | 193 |
| Working Capital Days | 44 | 4 | 48 | 126 | 157 | 223 | 200 | 159 | 209 | 150 | 161 | 152 |
| ROCE % | — | 40% | 63% | 54% | 31% | 19% | 11% | 18% | 25% | 24% | 19% | 20% |
Documents
2
Financial Results For The Year Ended March 31, 2026, And Recommendation Of Final Dividend
1d - Board approved FY26 audited standalone and consolidated results; recommended Rs2 final dividend per share. 1d - Board approved FY26 audited standalone and consolidated results; recommended Rs2 final dividend per share.
3
Corporate Action-Board approves Dividend
7 May - Board approved FY26 audited standalone and consolidated results; recommended 20% final dividend of Rs.2 per share. 7 May - Board approved FY26 audited standalone and consolidated results; recommended 20% final dividend of Rs.2 per share.
4
Statement Of Deviation Or Variation In Utilisation Of Funds Raised Through Preferential Issue For The Quarter Ended March 31, 2026
7 May - Sirca Paints reports no deviation in use of ₹75.29 crore preferential issue proceeds for Q4 FY26. 7 May - Sirca Paints reports no deviation in use of ₹75.29 crore preferential issue proceeds for Q4 FY26.
5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
7 May - Q4 FY26 earnings call scheduled for 15 May 2026 at 4:00 PM IST. 7 May - Q4 FY26 earnings call scheduled for 15 May 2026 at 4:00 PM IST.
Frequently Asked Questions about Sirca Paints India Ltd
What does Sirca Paints India Ltd do?
Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand ‘Sirca’. [1]
Where is Sirca Paints India Ltd (SIRCA) listed?
Sirca Paints India Ltd is listed on the Indian stock exchanges. It is listed on NSE: SIRCA and BSE: 543686. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Sirca Paints India Ltd belong to?
Sirca Paints India Ltd operates in the Consumer Discretionary sector within the Consumer Durables industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Sirca Paints India Ltd?
Sirca Paints India Ltd has a market capitalisation of approximately ₹2562.78 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Sirca Paints India Ltd?
The Price-to-Earnings (PE) ratio of Sirca Paints India Ltd is 38.09. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Sirca Paints India Ltd?
Over the past 52 weeks, Sirca Paints India Ltd has traded between a low of ₹385 and a high of ₹539. This range helps investors understand the stock's price volatility and recent trading levels.
Does Sirca Paints India Ltd pay dividends?
Yes, Sirca Paints India Ltd has a dividend yield of 0.44%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Sirca Paints India Ltd?
Sirca Paints India Ltd has a Return on Equity (ROE) of 13.68%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Sirca Paints India Ltd on Tapetide?
On Tapetide, you can view Sirca Paints India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand ‘Sirca’. [1]
Listed 2019-07-22
Face Value ₹ 10
Issued Size 5,67,92,800