Share Price and Basic Stock Data
Last Updated: February 14, 2026, 9:26 pm
| PEG Ratio | 2.79 |
|---|
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 a robust growth trajectory in its revenue streams. The company reported sales of ₹264 Cr for the fiscal year ending March 2023, which rose to ₹311 Cr in March 2024, and further increased to ₹372 Cr for March 2025. This marks a significant growth of 40.5% year-on-year from FY 2023 to FY 2025. In the most recent quarterly data, sales for September 2024 stood at ₹105 Cr, reflecting a strong quarterly performance. The consistent upward trend over the years demonstrates the company’s ability to capture market share and meet growing demand, supported by a solid operational framework. The operating profit margin (OPM) remained relatively stable at around 20% in the recent fiscal year, indicating efficient cost management despite rising input costs. Overall, Sirca Paints has positioned itself as a competitive player in the Indian paints market, supported by its innovative product portfolio and strategic marketing initiatives.
Profitability and Efficiency Metrics
Sirca Paints has demonstrated commendable profitability, as evidenced by its net profit of ₹58 Cr for FY 2025, reflecting a healthy profit margin of 13.11%. The company recorded an operating profit of ₹68 Cr during the same period, with an operating profit margin of 18%, which is commendable compared to typical sector margins. The interest coverage ratio (ICR) stood at an impressive 417.03x, indicating minimal reliance on debt to finance operations, thereby mitigating financial risk. Additionally, the return on equity (ROE) was reported at 14.9%, demonstrating effective utilization of shareholder funds to generate profits. However, the cash conversion cycle (CCC) of 218 days raises concerns about the efficiency of working capital management, particularly in inventory and receivables management. While the company’s profitability metrics are strong, enhancing operational efficiency could further improve its financial health.
Balance Sheet Strength and Financial Ratios
Sirca Paints reported total assets of ₹451 Cr as of March 2025, with total borrowings of only ₹45 Cr, reflecting a conservative capital structure and strong balance sheet strength. The debt-to-equity ratio stands at 0.00, indicating that the company is not heavily leveraged, which is favorable for long-term sustainability. Reserves increased to ₹386 Cr, providing a sturdy buffer for future investments and operational contingencies. The price-to-book value (P/BV) ratio is recorded at 3.79x, suggesting that the stock may be overvalued relative to its net asset value, a typical characteristic in high-growth sectors. The company’s current ratio of 4.78x indicates strong liquidity, ensuring it can cover short-term obligations comfortably. However, the decline in return on capital employed (ROCE) to 20% from previous highs suggests a need for improved capital efficiency to maximize returns on investments.
Shareholding Pattern and Investor Confidence
As of September 2025, Sirca Paints had a diverse shareholding structure, with promoters holding 65.19% of the equity, indicating a strong commitment from the founding members. Foreign institutional investors (FIIs) have increased their stake to 6.47%, reflecting growing confidence from international markets. However, domestic institutional investors (DIIs) hold only 0.32%, suggesting limited institutional interest. The total number of shareholders rose to 43,816, highlighting increasing retail participation, which is a positive indicator of market sentiment. The consistent promoter holding over recent quarters, combined with the uptick in FII investment, signals robust investor confidence in the company’s growth potential. Nevertheless, the low DII participation could imply a cautious outlook among domestic institutional investors, necessitating enhanced communications regarding future growth strategies to bolster their confidence.
Outlook, Risks, and Final Insight
Looking ahead, Sirca Paints is well-positioned to capitalize on the growing demand for paints in the Indian market, driven by urbanization and infrastructure development. However, the company faces several risks, including potential fluctuations in raw material costs and the competitive landscape in the paints industry. The rising CCC of 218 days may affect liquidity if not managed effectively. Additionally, the company’s dependency on a limited customer base could pose risks in terms of revenue stability. To sustain its growth trajectory, Sirca Paints should focus on enhancing operational efficiencies, particularly in managing inventory and receivables. Strengthening its marketing strategy and diversifying its product offerings could mitigate risks and capture new market segments, ensuring long-term sustainability and value creation for shareholders.
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 | 2,684 Cr. | 473 | 539/231 | 43.6 | 78.0 | 0.32 % | 20.0 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 511 Cr. | 61.1 | 125/54.1 | 34.0 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 16,173 Cr. | 200 | 275/197 | 26.2 | 80.1 | 1.25 % | 13.0 % | 10.4 % | 1.00 |
| Berger Paints India Ltd | 53,868 Cr. | 462 | 605/449 | 48.1 | 53.9 | 0.82 % | 24.9 % | 20.3 % | 1.00 |
| Akzo Nobel India Ltd | 13,438 Cr. | 2,951 | 3,916/2,649 | 35.7 | 495 | 3.39 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 52,276.50 Cr | 1,085.52 | 41.84 | 157.50 | 1.14% | 23.02% | 20.17% | 4.17 |
Quarterly Result
| Metric | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 68 | 73 | 84 | 72 | 83 | 79 | 105 | 89 | 101 | 114 | 131 | 113 |
| Expenses | 51 | 55 | 56 | 62 | 59 | 66 | 65 | 86 | 73 | 82 | 92 | 104 | 90 |
| Operating Profit | 14 | 13 | 17 | 21 | 14 | 16 | 14 | 19 | 15 | 19 | 23 | 27 | 23 |
| OPM % | 22% | 19% | 24% | 25% | 19% | 20% | 18% | 18% | 17% | 19% | 20% | 21% | 20% |
| Other Income | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 14 | 13 | 18 | 21 | 14 | 17 | 14 | 18 | 16 | 18 | 19 | 24 | 20 |
| Tax % | 26% | 27% | 27% | 26% | 24% | 26% | 27% | 26% | 26% | 22% | 26% | 26% | 26% |
| Net Profit | 11 | 9 | 13 | 16 | 11 | 13 | 10 | 13 | 11 | 14 | 14 | 18 | 15 |
| EPS in Rs | 1.92 | 1.73 | 2.35 | 2.83 | 1.92 | 2.28 | 1.86 | 2.42 | 2.09 | 2.58 | 2.59 | 3.19 | 2.65 |
Last Updated: February 4, 2026, 4:16 am
Below is a detailed analysis of the quarterly data for Sirca Paints India Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:
- For Sales, as of Dec 2025, the value is 113.00 Cr.. The value appears to be declining and may need further review. It has decreased from 131.00 Cr. (Sep 2025) to 113.00 Cr., marking a decrease of 18.00 Cr..
- For Expenses, as of Dec 2025, the value is 90.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 104.00 Cr. (Sep 2025) to 90.00 Cr., marking a decrease of 14.00 Cr..
- For Operating Profit, as of Dec 2025, the value is 23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 27.00 Cr. (Sep 2025) to 23.00 Cr., marking a decrease of 4.00 Cr..
- For OPM %, as of Dec 2025, the value is 20.00%. The value appears to be declining and may need further review. It has decreased from 21.00% (Sep 2025) to 20.00%, marking a decrease of 1.00%.
- For Other Income, as of Dec 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 1.00 Cr..
- For Interest, as of Dec 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 1.00 Cr..
- For Depreciation, as of Dec 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 3.00 Cr..
- For Profit before tax, as of Dec 2025, the value is 20.00 Cr.. The value appears to be declining and may need further review. It has decreased from 24.00 Cr. (Sep 2025) to 20.00 Cr., marking a decrease of 4.00 Cr..
- For Tax %, as of Dec 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 26.00%.
- For Net Profit, as of Dec 2025, the value is 15.00 Cr.. The value appears to be declining and may need further review. It has decreased from 18.00 Cr. (Sep 2025) to 15.00 Cr., marking a decrease of 3.00 Cr..
- For EPS in Rs, as of Dec 2025, the value is 2.65. The value appears to be declining and may need further review. It has decreased from 3.19 (Sep 2025) to 2.65, marking a decrease of 0.54.
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 |
|---|---|
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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: 43.6 (Industry average Stock P/E: 41.84)
- 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 15 February 2026) is ₹470.15 which is 0.60% lower the current market price of ₹473.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,684 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 2,684 Cr..
What is the current Stock Price of Sirca Paints India Ltd as on 15 February 2026?
The current stock price of Sirca Paints India Ltd as on 15 February 2026 is ₹473.
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 43.6.
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 0.32 %.
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.