Share Price and Basic Stock Data
Last Updated: January 24, 2026, 4:44 pm
| PEG Ratio | 2.89 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Sirca Paints India Ltd operates within the paints and varnishes industry, showcasing robust sales growth over recent years. For the financial year ending March 2023, the company reported sales of ₹264 Cr, marking a significant rise from ₹196 Cr in March 2022. This upward trajectory continued into the trailing twelve months (TTM), where sales surged to ₹435 Cr. Quarterly sales figures also reveal a consistent increase, with the most recent quarter ending September 2023 recording sales of ₹84 Cr, up from ₹73 Cr in the previous quarter. The company’s sales have demonstrated resilience, with a compound annual growth rate (CAGR) from ₹29 Cr in March 2012 to current levels, indicating a strong market demand. The operating profit margin (OPM) stood at 21% in September 2023, reflecting the company’s ability to maintain profitability despite rising operational costs. This performance underscores Sirca’s effective market positioning and product acceptance, aligning with the growing demand in the Indian paint sector, which is projected to grow as urbanization and infrastructure projects expand.
Profitability and Efficiency Metrics
Sirca Paints has exhibited commendable profitability metrics, with a net profit of ₹58 Cr reported for the year ending March 2023, up from ₹46 Cr in the previous year. The net profit margin for March 2023 stood at 17.22%, showing effective cost management. Profit before tax (PBT) was ₹62 Cr for the same period, indicating a solid operational foundation. The return on equity (ROE) is reported at 14.9%, demonstrating efficient use of shareholder funds. Additionally, the company’s interest coverage ratio (ICR) is exceptionally high at 417.03x, reflecting its ability to manage debt without financial strain, as borrowings are minimal at ₹45 Cr. The cash conversion cycle (CCC) is reported at 218 days, which is on the higher side compared to industry norms, indicating potential inefficiencies in working capital management. However, this is mitigated by a current ratio of 4.78, suggesting strong liquidity to cover short-term liabilities.
Balance Sheet Strength and Financial Ratios
Sirca Paints’ balance sheet reflects considerable strength, with total assets reported at ₹560 Cr and total liabilities at ₹451 Cr as of March 2025. The equity capital is ₹57 Cr, complemented by reserves of ₹386 Cr, indicating a solid capital base. The debt-to-equity ratio stands at 0.00, highlighting the company’s low reliance on debt financing. The price-to-book value (P/BV) ratio is 3.79x, which is relatively high, suggesting that the market has high expectations for the company’s future growth. Additionally, the return on capital employed (ROCE) is reported at 20.0%, indicating efficient use of capital in generating profits. The company maintains a healthy working capital position, although the cash conversion cycle at 218 days suggests room for improvement in inventory and receivables management. Overall, the balance sheet is robust, supporting the company’s growth initiatives and operational flexibility.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Sirca Paints indicates strong promoter confidence, with promoters holding 65.19% of the shares as of September 2025. This level of insider ownership is often viewed positively by investors, as it suggests alignment of interests between management and shareholders. Foreign institutional investors (FIIs) have increased their stake to 6.47%, reflecting growing institutional interest. However, domestic institutional investors (DIIs) hold a minimal 0.32%, which may indicate a lack of widespread institutional confidence in the stock. The total number of shareholders has risen significantly from 17,831 in December 2022 to 43,816 by September 2025, suggesting a growing retail interest and increasing market participation. This expanding shareholder base may enhance liquidity and support the stock price. Nevertheless, the heavy reliance on promoter holdings could pose risks if there are shifts in management strategy or performance.
Outlook, Risks, and Final Insight
Looking ahead, Sirca Paints is well-positioned to capitalize on the growing demand in the Indian paints market, driven by urbanization and infrastructure development. However, the company faces risks associated with rising raw material costs, which could squeeze margins if not managed effectively. Additionally, the high cash conversion cycle may hinder operational efficiency, potentially impacting profitability. The company’s strong balance sheet and high ROE provide a cushion against economic fluctuations. A focus on improving working capital management and enhancing operational efficiencies could further bolster performance. Overall, while Sirca Paints has solid fundamentals and growth potential, ongoing monitoring of market conditions and internal efficiencies will be crucial for sustaining its upward trajectory in a competitive landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Sirca Paints India Ltd | 2,612 Cr. | 460 | 539/231 | 45.1 | 78.0 | 0.33 % | 20.0 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 501 Cr. | 59.9 | 144/54.1 | 34.0 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 18,360 Cr. | 227 | 275/218 | 28.2 | 80.1 | 1.10 % | 13.0 % | 10.4 % | 1.00 |
| Berger Paints India Ltd | 58,823 Cr. | 504 | 605/458 | 53.2 | 53.9 | 0.75 % | 24.9 % | 20.3 % | 1.00 |
| Akzo Nobel India Ltd | 13,382 Cr. | 2,939 | 3,916/2,910 | 34.3 | 495 | 3.40 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 58,836.00 Cr | 1,148.98 | 45.06 | 157.50 | 1.08% | 23.02% | 20.17% | 4.17 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 65 | 68 | 73 | 84 | 72 | 83 | 79 | 105 | 89 | 101 | 114 | 131 |
| Expenses | 54 | 51 | 55 | 56 | 62 | 59 | 66 | 65 | 86 | 73 | 82 | 92 | 104 |
| Operating Profit | 19 | 14 | 13 | 17 | 21 | 14 | 16 | 14 | 19 | 15 | 19 | 23 | 27 |
| OPM % | 26% | 22% | 19% | 24% | 25% | 19% | 20% | 18% | 18% | 17% | 19% | 20% | 21% |
| Other Income | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 0 | 1 |
| Interest | 0 | 0 | -0 | -0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 20 | 14 | 13 | 18 | 21 | 14 | 17 | 14 | 18 | 16 | 18 | 19 | 24 |
| Tax % | 26% | 26% | 27% | 27% | 26% | 24% | 26% | 27% | 26% | 26% | 22% | 26% | 26% |
| Net Profit | 14 | 11 | 9 | 13 | 16 | 11 | 13 | 10 | 13 | 11 | 14 | 14 | 18 |
| EPS in Rs | 2.63 | 1.92 | 1.73 | 2.35 | 2.83 | 1.92 | 2.28 | 1.86 | 2.42 | 2.09 | 2.58 | 2.59 | 3.19 |
Last Updated: January 10, 2026, 2:50 pm
Below is a detailed analysis of the quarterly data for Sirca Paints India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 131.00 Cr.. The value appears strong and on an upward trend. It has increased from 114.00 Cr. (Jun 2025) to 131.00 Cr., marking an increase of 17.00 Cr..
- For Expenses, as of Sep 2025, the value is 104.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 92.00 Cr. (Jun 2025) to 104.00 Cr., marking an increase of 12.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Jun 2025) to 27.00 Cr., marking an increase of 4.00 Cr..
- For OPM %, as of Sep 2025, the value is 21.00%. The value appears strong and on an upward trend. It has increased from 20.00% (Jun 2025) to 21.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Jun 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Jun 2025) to 3.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Jun 2025) to 24.00 Cr., marking an increase of 5.00 Cr..
- For Tax %, as of Sep 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 26.00%.
- For Net Profit, as of Sep 2025, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Jun 2025) to 18.00 Cr., marking an increase of 4.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.19. The value appears strong and on an upward trend. It has increased from 2.59 (Jun 2025) to 3.19, marking an increase of 0.60.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:38 am
| Metric | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29 | 65 | 71 | 83 | 89 | 116 | 134 | 141 | 196 | 264 | 311 | 372 | 435 |
| Expenses | 27 | 60 | 61 | 62 | 63 | 84 | 103 | 128 | 158 | 202 | 243 | 305 | 351 |
| Operating Profit | 2 | 6 | 10 | 20 | 26 | 32 | 31 | 12 | 38 | 62 | 69 | 68 | 84 |
| OPM % | 7% | 9% | 14% | 25% | 29% | 27% | 23% | 9% | 20% | 23% | 22% | 18% | 19% |
| Other Income | 0 | 4 | 2 | 2 | 4 | 6 | 6 | 14 | 4 | 5 | 6 | 5 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Depreciation | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 4 | 4 | 4 | 6 | 7 | 9 |
| Profit before tax | 2 | 9 | 11 | 22 | 30 | 37 | 34 | 23 | 38 | 62 | 69 | 65 | 77 |
| Tax % | 32% | 35% | 35% | 36% | 34% | 30% | 26% | 27% | 27% | 26% | 26% | 25% | |
| Net Profit | 1 | 6 | 7 | 14 | 19 | 26 | 25 | 17 | 28 | 46 | 51 | 49 | 58 |
| EPS in Rs | 45.00 | 206.00 | 242.67 | 456.67 | 4.82 | 4.73 | 4.59 | 3.03 | 5.06 | 8.41 | 9.39 | 8.96 | 10.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 16% | 25% | 20% | 9% | 16% | 17% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 16.67% | 100.00% | 35.71% | 36.84% | -3.85% | -32.00% | 64.71% | 64.29% | 10.87% | -3.92% |
| Change in YoY Net Profit Growth (%) | 0.00% | 83.33% | -64.29% | 1.13% | -40.69% | -28.15% | 96.71% | -0.42% | -53.42% | -14.79% |
Sirca Paints India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 23% |
| 3 Years: | 24% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 15% |
| 3 Years: | 21% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 20% |
| 1 Year: | 36% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 15% |
Last Updated: September 5, 2025, 1:31 pm
Balance Sheet
Last Updated: December 4, 2025, 1:59 am
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 0.10 | 13 | 18 | 27 | 27 | 27 | 27 | 55 | 55 | 57 |
| Reserves | 4 | 13 | 20 | 34 | 54 | 150 | 157 | 174 | 198 | 238 | 254 | 295 | 386 |
| Borrowings | 9 | 12 | 11 | 4 | 5 | 0 | 0 | 13 | 0 | 0 | 0 | 0 | 45 |
| Other Liabilities | 7 | 8 | 14 | 23 | 22 | 23 | 25 | 40 | 37 | 47 | 42 | 101 | 71 |
| Total Liabilities | 20 | 33 | 45 | 61 | 95 | 191 | 210 | 255 | 262 | 312 | 351 | 451 | 560 |
| Fixed Assets | 2 | 2 | 2 | 8 | 20 | 25 | 50 | 41 | 53 | 54 | 58 | 164 | 174 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 2 | 1 | 5 | 6 | 0 | 0 |
| Investments | 2 | 2 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 44 | 2 | 55 |
| Other Assets | 15 | 29 | 40 | 51 | 75 | 157 | 160 | 212 | 208 | 252 | 243 | 285 | 330 |
| Total Assets | 20 | 33 | 45 | 61 | 95 | 191 | 210 | 255 | 262 | 312 | 351 | 451 | 560 |
Below is a detailed analysis of the balance sheet data for Sirca Paints India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 57.00 Cr.. The value appears strong and on an upward trend. It has increased from 55.00 Cr. (Mar 2025) to 57.00 Cr., marking an increase of 2.00 Cr..
- For Reserves, as of Sep 2025, the value is 386.00 Cr.. The value appears strong and on an upward trend. It has increased from 295.00 Cr. (Mar 2025) to 386.00 Cr., marking an increase of 91.00 Cr..
- For Borrowings, as of Sep 2025, the value is 45.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 0.00 Cr. (Mar 2025) to 45.00 Cr., marking an increase of 45.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 71.00 Cr.. The value appears to be improving (decreasing). It has decreased from 101.00 Cr. (Mar 2025) to 71.00 Cr., marking a decrease of 30.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 560.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 451.00 Cr. (Mar 2025) to 560.00 Cr., marking an increase of 109.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 174.00 Cr.. The value appears strong and on an upward trend. It has increased from 164.00 Cr. (Mar 2025) to 174.00 Cr., marking an increase of 10.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 55.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2025) to 55.00 Cr., marking an increase of 53.00 Cr..
- For Other Assets, as of Sep 2025, the value is 330.00 Cr.. The value appears strong and on an upward trend. It has increased from 285.00 Cr. (Mar 2025) to 330.00 Cr., marking an increase of 45.00 Cr..
- For Total Assets, as of Sep 2025, the value is 560.00 Cr.. The value appears strong and on an upward trend. It has increased from 451.00 Cr. (Mar 2025) to 560.00 Cr., marking an increase of 109.00 Cr..
Notably, the Reserves (386.00 Cr.) exceed the Borrowings (45.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -7.00 | -6.00 | -1.00 | 16.00 | 21.00 | 32.00 | 31.00 | -1.00 | 38.00 | 62.00 | 69.00 | 68.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 111 | 62 | 83 | 106 | 137 | 125 | 124 | 112 | 85 | 71 | 77 | 92 |
| Inventory Days | 26 | 45 | 76 | 120 | 144 | 265 | 282 | 217 | 248 | 206 | 198 | |
| Days Payable | 22 | 44 | 70 | 56 | 92 | 105 | 151 | 98 | 90 | 70 | 71 | |
| Cash Conversion Cycle | 111 | 67 | 84 | 112 | 201 | 177 | 285 | 242 | 204 | 229 | 213 | 218 |
| Working Capital Days | 91 | 44 | 4 | 48 | 126 | 157 | 223 | 200 | 159 | 209 | 150 | 161 |
| ROCE % | 21% | 40% | 63% | 54% | 31% | 19% | 11% | 18% | 25% | 24% | 20% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 8.95 | 9.38 | 8.41 | 10.12 | 6.05 |
| Diluted EPS (Rs.) | 8.95 | 9.38 | 8.41 | 10.12 | 6.05 |
| Cash EPS (Rs.) | 10.22 | 10.47 | 18.43 | 11.62 | 7.39 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 63.78 | 56.32 | 96.88 | 82.15 | 73.56 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 63.78 | 56.32 | 96.88 | 82.15 | 73.56 |
| Revenue From Operations / Share (Rs.) | 68.24 | 56.87 | 97.70 | 72.99 | 52.25 |
| PBDIT / Share (Rs.) | 13.25 | 13.69 | 24.29 | 15.38 | 9.60 |
| PBIT / Share (Rs.) | 11.98 | 12.60 | 22.68 | 13.88 | 8.27 |
| PBT / Share (Rs.) | 11.95 | 12.60 | 22.66 | 13.85 | 8.23 |
| Net Profit / Share (Rs.) | 8.95 | 9.38 | 16.82 | 10.12 | 6.05 |
| NP After MI And SOA / Share (Rs.) | 8.95 | 9.38 | 16.82 | 10.12 | 6.05 |
| PBDIT Margin (%) | 19.41 | 24.07 | 24.85 | 21.07 | 18.38 |
| PBIT Margin (%) | 17.55 | 22.16 | 23.20 | 19.01 | 15.82 |
| PBT Margin (%) | 17.50 | 22.15 | 23.19 | 18.97 | 15.75 |
| Net Profit Margin (%) | 13.11 | 16.49 | 17.22 | 13.85 | 11.58 |
| NP After MI And SOA Margin (%) | 13.11 | 16.49 | 17.22 | 13.85 | 11.58 |
| Return on Networth / Equity (%) | 14.03 | 16.66 | 17.36 | 12.31 | 8.22 |
| Return on Capital Employeed (%) | 16.73 | 22.33 | 23.35 | 16.88 | 11.22 |
| Return On Assets (%) | 10.88 | 14.65 | 14.77 | 10.56 | 6.50 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 |
| Asset Turnover Ratio (%) | 0.93 | 0.94 | 0.93 | 0.77 | 0.61 |
| Current Ratio (X) | 4.78 | 6.80 | 5.42 | 5.51 | 3.96 |
| Quick Ratio (X) | 2.92 | 4.51 | 3.24 | 3.64 | 2.73 |
| Inventory Turnover Ratio (X) | 3.68 | 1.02 | 0.90 | 0.64 | 0.35 |
| Dividend Payout Ratio (NP) (%) | 16.75 | 15.98 | 11.88 | 14.82 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 14.67 | 14.32 | 10.84 | 12.90 | 0.00 |
| Earning Retention Ratio (%) | 83.25 | 84.02 | 88.12 | 85.18 | 0.00 |
| Cash Earning Retention Ratio (%) | 85.33 | 85.68 | 89.16 | 87.10 | 0.00 |
| Interest Coverage Ratio (X) | 417.03 | 3714.62 | 1710.88 | 540.44 | 252.81 |
| Interest Coverage Ratio (Post Tax) (X) | 282.77 | 2547.22 | 1186.26 | 356.43 | 160.29 |
| Enterprise Value (Cr.) | 1270.53 | 1489.10 | 1713.65 | 1191.29 | 800.03 |
| EV / Net Operating Revenue (X) | 3.40 | 4.78 | 6.40 | 5.96 | 5.59 |
| EV / EBITDA (X) | 17.50 | 19.85 | 25.75 | 28.26 | 30.40 |
| MarketCap / Net Operating Revenue (X) | 3.54 | 5.00 | 6.59 | 6.37 | 6.05 |
| Retention Ratios (%) | 83.24 | 84.01 | 88.11 | 85.17 | 0.00 |
| Price / BV (X) | 3.79 | 5.05 | 6.65 | 5.66 | 4.29 |
| Price / Net Operating Revenue (X) | 3.54 | 5.00 | 6.59 | 6.37 | 6.05 |
| EarningsYield | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 |
After reviewing the key financial ratios for Sirca Paints India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 8.95. This value is within the healthy range. It has decreased from 9.38 (Mar 24) to 8.95, marking a decrease of 0.43.
- For Diluted EPS (Rs.), as of Mar 25, the value is 8.95. This value is within the healthy range. It has decreased from 9.38 (Mar 24) to 8.95, marking a decrease of 0.43.
- For Cash EPS (Rs.), as of Mar 25, the value is 10.22. This value is within the healthy range. It has decreased from 10.47 (Mar 24) to 10.22, marking a decrease of 0.25.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 63.78. It has increased from 56.32 (Mar 24) to 63.78, marking an increase of 7.46.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 63.78. It has increased from 56.32 (Mar 24) to 63.78, marking an increase of 7.46.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 68.24. It has increased from 56.87 (Mar 24) to 68.24, marking an increase of 11.37.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 13.25. This value is within the healthy range. It has decreased from 13.69 (Mar 24) to 13.25, marking a decrease of 0.44.
- For PBIT / Share (Rs.), as of Mar 25, the value is 11.98. This value is within the healthy range. It has decreased from 12.60 (Mar 24) to 11.98, marking a decrease of 0.62.
- For PBT / Share (Rs.), as of Mar 25, the value is 11.95. This value is within the healthy range. It has decreased from 12.60 (Mar 24) to 11.95, marking a decrease of 0.65.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 8.95. This value is within the healthy range. It has decreased from 9.38 (Mar 24) to 8.95, marking a decrease of 0.43.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 8.95. This value is within the healthy range. It has decreased from 9.38 (Mar 24) to 8.95, marking a decrease of 0.43.
- For PBDIT Margin (%), as of Mar 25, the value is 19.41. This value is within the healthy range. It has decreased from 24.07 (Mar 24) to 19.41, marking a decrease of 4.66.
- For PBIT Margin (%), as of Mar 25, the value is 17.55. This value is within the healthy range. It has decreased from 22.16 (Mar 24) to 17.55, marking a decrease of 4.61.
- For PBT Margin (%), as of Mar 25, the value is 17.50. This value is within the healthy range. It has decreased from 22.15 (Mar 24) to 17.50, marking a decrease of 4.65.
- For Net Profit Margin (%), as of Mar 25, the value is 13.11. This value exceeds the healthy maximum of 10. It has decreased from 16.49 (Mar 24) to 13.11, marking a decrease of 3.38.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 13.11. This value is within the healthy range. It has decreased from 16.49 (Mar 24) to 13.11, marking a decrease of 3.38.
- For Return on Networth / Equity (%), as of Mar 25, the value is 14.03. This value is below the healthy minimum of 15. It has decreased from 16.66 (Mar 24) to 14.03, marking a decrease of 2.63.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.73. This value is within the healthy range. It has decreased from 22.33 (Mar 24) to 16.73, marking a decrease of 5.60.
- For Return On Assets (%), as of Mar 25, the value is 10.88. This value is within the healthy range. It has decreased from 14.65 (Mar 24) to 10.88, marking a decrease of 3.77.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.93. It has decreased from 0.94 (Mar 24) to 0.93, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 4.78. This value exceeds the healthy maximum of 3. It has decreased from 6.80 (Mar 24) to 4.78, marking a decrease of 2.02.
- For Quick Ratio (X), as of Mar 25, the value is 2.92. This value exceeds the healthy maximum of 2. It has decreased from 4.51 (Mar 24) to 2.92, marking a decrease of 1.59.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.68. This value is below the healthy minimum of 4. It has increased from 1.02 (Mar 24) to 3.68, marking an increase of 2.66.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 16.75. This value is below the healthy minimum of 20. It has increased from 15.98 (Mar 24) to 16.75, marking an increase of 0.77.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 14.67. This value is below the healthy minimum of 20. It has increased from 14.32 (Mar 24) to 14.67, marking an increase of 0.35.
- For Earning Retention Ratio (%), as of Mar 25, the value is 83.25. This value exceeds the healthy maximum of 70. It has decreased from 84.02 (Mar 24) to 83.25, marking a decrease of 0.77.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 85.33. This value exceeds the healthy maximum of 70. It has decreased from 85.68 (Mar 24) to 85.33, marking a decrease of 0.35.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 417.03. This value is within the healthy range. It has decreased from 3,714.62 (Mar 24) to 417.03, marking a decrease of 3,297.59.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 282.77. This value is within the healthy range. It has decreased from 2,547.22 (Mar 24) to 282.77, marking a decrease of 2,264.45.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,270.53. It has decreased from 1,489.10 (Mar 24) to 1,270.53, marking a decrease of 218.57.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.40. This value exceeds the healthy maximum of 3. It has decreased from 4.78 (Mar 24) to 3.40, marking a decrease of 1.38.
- For EV / EBITDA (X), as of Mar 25, the value is 17.50. This value exceeds the healthy maximum of 15. It has decreased from 19.85 (Mar 24) to 17.50, marking a decrease of 2.35.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.54. This value exceeds the healthy maximum of 3. It has decreased from 5.00 (Mar 24) to 3.54, marking a decrease of 1.46.
- For Retention Ratios (%), as of Mar 25, the value is 83.24. This value exceeds the healthy maximum of 70. It has decreased from 84.01 (Mar 24) to 83.24, marking a decrease of 0.77.
- For Price / BV (X), as of Mar 25, the value is 3.79. This value exceeds the healthy maximum of 3. It has decreased from 5.05 (Mar 24) to 3.79, marking a decrease of 1.26.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.54. This value exceeds the healthy maximum of 3. It has decreased from 5.00 (Mar 24) to 3.54, marking a decrease of 1.46.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Sirca Paints India Ltd:
- Net Profit Margin: 13.11%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.73% (Industry Average ROCE: 23.02%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 14.03% (Industry Average ROE: 20.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 282.77
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.92
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 45.1 (Industry average Stock P/E: 45.06)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 13.11%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Paints/Varnishes | G-82, Kirti Nagar, New Delhi Delhi 110015 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Sanjay Agarwal | Chairman & Managing Director |
| Mr. Apoorv Agarwal | Joint Managing Director |
| Mr. Gurjit Singh Bains | Non Executive Director |
| Mr. Guido Scappini | Non Executive Director |
| Mr. Shyam Lal Goyal | Ind. Non-Executive Director |
| Dr. Sanjay Kapoor | Ind. Non-Executive Director |
| Mrs. Anu Chauhan | Ind. Non-Executive Director |
| Mr. Aman Arora | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Sirca Paints India Ltd?
Sirca Paints India Ltd's intrinsic value (as of 25 January 2026) is ₹486.38 which is 5.73% higher the current market price of ₹460.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,612 Cr. market cap, FY2025-2026 high/low of ₹539/231, reserves of ₹386 Cr, and liabilities of ₹560 Cr.
What is the Market Cap of Sirca Paints India Ltd?
The Market Cap of Sirca Paints India Ltd is 2,612 Cr..
What is the current Stock Price of Sirca Paints India Ltd as on 25 January 2026?
The current stock price of Sirca Paints India Ltd as on 25 January 2026 is ₹460.
What is the High / Low of Sirca Paints India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Sirca Paints India Ltd stocks is ₹539/231.
What is the Stock P/E of Sirca Paints India Ltd?
The Stock P/E of Sirca Paints India Ltd is 45.1.
What is the Book Value of Sirca Paints India Ltd?
The Book Value of Sirca Paints India Ltd is 78.0.
What is the Dividend Yield of Sirca Paints India Ltd?
The Dividend Yield of Sirca Paints India Ltd is 0.33 %.
What is the ROCE of Sirca Paints India Ltd?
The ROCE of Sirca Paints India Ltd is 20.0 %.
What is the ROE of Sirca Paints India Ltd?
The ROE of Sirca Paints India Ltd is 14.9 %.
What is the Face Value of Sirca Paints India Ltd?
The Face Value of Sirca Paints India Ltd is 10.0.