Share Price and Basic Stock Data
Last Updated: October 28, 2025, 7:11 pm
| PEG Ratio | 3.93 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Sirca Paints India Ltd operates within the paints and varnishes industry, reported a share price of ₹511 and a market capitalization of ₹2,902 Cr. The company exhibited significant growth in sales, which rose from ₹196 Cr in FY 2022 to ₹264 Cr in FY 2023, and is projected to reach ₹372 Cr by FY 2025. The quarterly sales trend indicates a robust performance, with the latest reported quarter (Sep 2023) achieving ₹84 Cr, a notable increase from ₹73 Cr in the previous quarter. This upward trajectory is supported by a consistent increase in sales over the previous quarters, suggesting a growing market presence. Additionally, the trailing twelve months (TTM) sales stood at ₹409 Cr, indicating a solid operational foundation. The company’s ability to capture market share in a competitive landscape reflects its strategic positioning and product offerings, which resonate well with consumer demand.
Profitability and Efficiency Metrics
Sirca Paints reported a net profit of ₹53 Cr with a profit before tax of ₹65 Cr for FY 2025, demonstrating effective management of costs and operational efficiency. The operating profit margin (OPM) stood at 20%, while the return on equity (ROE) was recorded at 14.9%. These figures underscore the company’s ability to maintain profitability amidst rising operational costs, with expenses increasing from ₹158 Cr in FY 2022 to ₹202 Cr in FY 2023. The interest coverage ratio (ICR) of 417.03x indicates a robust capacity to meet interest obligations, reflecting financial stability. Furthermore, the cash conversion cycle (CCC) of 218 days highlights operational efficiency, although it remains higher than the industry average, potentially indicating room for improvement in inventory and receivables management. Overall, the company’s profitability metrics suggest a well-structured approach to managing its financial resources.
Balance Sheet Strength and Financial Ratios
Sirca Paints boasts a strong balance sheet, with total borrowings recorded at ₹0 Cr, showcasing a debt-free structure. The company’s reserves increased to ₹295 Cr by FY 2025, reinforcing its financial stability and ability to reinvest in growth opportunities. The current ratio stood at 4.78x, indicating strong liquidity, while the quick ratio of 2.92x further emphasizes its capability to meet short-term obligations. The price-to-book value (P/BV) ratio was reported at 3.79x, suggesting a premium valuation likely due to investors’ confidence in the company’s growth prospects. Additionally, the return on capital employed (ROCE) was 20%, reflecting efficient use of capital to generate profits. These financial ratios position Sirca Paints favorably against industry benchmarks, highlighting its robust financial health and operational efficiency.
Shareholding Pattern and Investor Confidence
As of March 2025, Sirca Paints’ shareholding pattern reveals that promoters hold 65.19% of the equity, indicating strong control and commitment to the company’s long-term vision. Foreign institutional investors (FIIs) accounted for 7.35%, while domestic institutional investors (DIIs) held a minimal 0.32%. The public shareholding stood at 27.14%, with a total of 44,955 shareholders. The gradual increase in public shareholding, from 22.45% in December 2022 to 27.14% in March 2025, reflects growing investor confidence in the company’s performance. However, the declining trend in promoter shareholding from 67.55% to 65.19% may raise concerns among some investors regarding potential dilution of control. Overall, the shareholding structure indicates a balanced approach to maintaining promoter control while attracting public investment.
Outlook, Risks, and Final Insight
Looking ahead, Sirca Paints is poised for continued growth, supported by its strong revenue trajectory and efficient operational metrics. However, the company faces risks related to raw material price volatility and potential shifts in consumer preferences, which could impact profit margins. The CCC of 218 days highlights an area for potential improvement, as effective management of working capital can enhance liquidity and operational efficiency. Additionally, the competitive landscape in the paints industry necessitates continuous innovation and marketing efforts to sustain market share. While the company’s debt-free status and solid reserves provide a cushion against economic downturns, its ability to adapt to market changes will be crucial. In conclusion, Sirca Paints’ strong fundamentals paired with a vigilant approach to emerging challenges position it well for future success in the evolving paints and varnishes market.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Sirca Paints India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Sirca Paints India Ltd | 2,897 Cr. | 510 | 522/231 | 54.5 | 63.8 | 0.29 % | 20.0 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 650 Cr. | 77.4 | 144/69.7 | 37.6 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 20,031 Cr. | 248 | 291/218 | 31.4 | 79.4 | 1.00 % | 13.0 % | 10.4 % | 1.00 |
| Berger Paints India Ltd | 63,285 Cr. | 543 | 605/438 | 54.1 | 52.8 | 0.70 % | 24.9 % | 20.3 % | 1.00 |
| Akzo Nobel India Ltd | 14,854 Cr. | 3,269 | 4,674/3,022 | 36.7 | 292 | 3.05 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 57,076.83 Cr | 1,192.73 | 47.84 | 121.27 | 1.01% | 23.02% | 20.17% | 4.17 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 61 | 73 | 65 | 68 | 73 | 84 | 72 | 83 | 79 | 106 | 89 | 101 | 114 |
| Expenses | 46 | 54 | 51 | 55 | 56 | 62 | 59 | 66 | 65 | 87 | 73 | 82 | 92 |
| Operating Profit | 15 | 19 | 14 | 13 | 17 | 21 | 14 | 16 | 14 | 19 | 15 | 19 | 23 |
| OPM % | 25% | 26% | 22% | 19% | 24% | 25% | 19% | 20% | 18% | 18% | 17% | 19% | 20% |
| Other Income | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 15 | 20 | 14 | 13 | 18 | 21 | 14 | 17 | 14 | 18 | 16 | 18 | 19 |
| Tax % | 24% | 26% | 26% | 27% | 27% | 26% | 24% | 26% | 27% | 26% | 26% | 22% | 26% |
| Net Profit | 12 | 14 | 11 | 9 | 13 | 16 | 11 | 13 | 10 | 13 | 11 | 14 | 14 |
| EPS in Rs | 2.13 | 2.63 | 1.92 | 1.73 | 2.35 | 2.83 | 1.92 | 2.28 | 1.86 | 2.42 | 2.09 | 2.58 | 2.59 |
Last Updated: August 20, 2025, 3:30 am
Below is a detailed analysis of the quarterly data for Sirca Paints India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 114.00 Cr.. The value appears strong and on an upward trend. It has increased from 101.00 Cr. (Mar 2025) to 114.00 Cr., marking an increase of 13.00 Cr..
- For Expenses, as of Jun 2025, the value is 92.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 82.00 Cr. (Mar 2025) to 92.00 Cr., marking an increase of 10.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 23.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Mar 2025) to 23.00 Cr., marking an increase of 4.00 Cr..
- For OPM %, as of Jun 2025, the value is 20.00%. The value appears strong and on an upward trend. It has increased from 19.00% (Mar 2025) to 20.00%, marking an increase of 1.00%.
- For Other Income, as of Jun 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Mar 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 19.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2025) to 19.00 Cr., marking an increase of 1.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 22.00% (Mar 2025) to 26.00%, marking an increase of 4.00%.
- For Net Profit, as of Jun 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 14.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.59. The value appears strong and on an upward trend. It has increased from 2.58 (Mar 2025) to 2.59, marking an increase of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:25 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 | 409 |
| Expenses | 27 | 60 | 61 | 62 | 63 | 84 | 103 | 128 | 158 | 202 | 243 | 305 | 333 |
| Operating Profit | 2 | 6 | 10 | 20 | 26 | 32 | 31 | 12 | 38 | 62 | 69 | 68 | 76 |
| 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 | 1 |
| Depreciation | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 4 | 4 | 4 | 6 | 7 | 8 |
| Profit before tax | 2 | 9 | 11 | 22 | 30 | 37 | 34 | 23 | 38 | 62 | 69 | 65 | 71 |
| 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 | 53 |
| 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 | 9.68 |
| 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: September 10, 2025, 2:31 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 0.10 | 13 | 18 | 27 | 27 | 27 | 27 | 55 | 55 |
| Reserves | 4 | 13 | 20 | 34 | 54 | 150 | 157 | 174 | 198 | 238 | 254 | 295 |
| Borrowings | 9 | 12 | 11 | 4 | 5 | 0 | 0 | 13 | 0 | 0 | 0 | 0 |
| Other Liabilities | 7 | 8 | 14 | 23 | 22 | 23 | 25 | 40 | 37 | 47 | 42 | 101 |
| Total Liabilities | 20 | 33 | 45 | 61 | 95 | 191 | 210 | 255 | 262 | 312 | 351 | 451 |
| Fixed Assets | 2 | 2 | 2 | 8 | 20 | 25 | 50 | 41 | 53 | 54 | 58 | 164 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 2 | 1 | 5 | 6 | 0 |
| Investments | 2 | 2 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 44 | 2 |
| Other Assets | 15 | 29 | 40 | 51 | 75 | 157 | 160 | 212 | 208 | 252 | 243 | 285 |
| Total Assets | 20 | 33 | 45 | 61 | 95 | 191 | 210 | 255 | 262 | 312 | 351 | 451 |
Below is a detailed analysis of the balance sheet data for Sirca Paints India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 55.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 55.00 Cr..
- For Reserves, as of Mar 2025, the value is 295.00 Cr.. The value appears strong and on an upward trend. It has increased from 254.00 Cr. (Mar 2024) to 295.00 Cr., marking an increase of 41.00 Cr..
- For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 101.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 42.00 Cr. (Mar 2024) to 101.00 Cr., marking an increase of 59.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 451.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 351.00 Cr. (Mar 2024) to 451.00 Cr., marking an increase of 100.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 164.00 Cr.. The value appears strong and on an upward trend. It has increased from 58.00 Cr. (Mar 2024) to 164.00 Cr., marking an increase of 106.00 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 6.00 Cr..
- For Investments, as of Mar 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 44.00 Cr. (Mar 2024) to 2.00 Cr., marking a decrease of 42.00 Cr..
- For Other Assets, as of Mar 2025, the value is 285.00 Cr.. The value appears strong and on an upward trend. It has increased from 243.00 Cr. (Mar 2024) to 285.00 Cr., marking an increase of 42.00 Cr..
- For Total Assets, as of Mar 2025, the value is 451.00 Cr.. The value appears strong and on an upward trend. It has increased from 351.00 Cr. (Mar 2024) to 451.00 Cr., marking an increase of 100.00 Cr..
Notably, the Reserves (295.00 Cr.) exceed the Borrowings (0.00 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 - No data available for this post.
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: 54.5 (Industry average Stock P/E: 47.84)
- 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 | cs@sircapaints.com https://www.sircapaints.com |
| 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 28 October 2025) is 415.67 which is 18.50% lower the current market price of 510.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,897 Cr. market cap, FY2025-2026 high/low of 522/231, reserves of ₹295 Cr, and liabilities of 451 Cr.
What is the Market Cap of Sirca Paints India Ltd?
The Market Cap of Sirca Paints India Ltd is 2,897 Cr..
What is the current Stock Price of Sirca Paints India Ltd as on 28 October 2025?
The current stock price of Sirca Paints India Ltd as on 28 October 2025 is 510.
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 522/231.
What is the Stock P/E of Sirca Paints India Ltd?
The Stock P/E of Sirca Paints India Ltd is 54.5.
What is the Book Value of Sirca Paints India Ltd?
The Book Value of Sirca Paints India Ltd is 63.8.
What is the Dividend Yield of Sirca Paints India Ltd?
The Dividend Yield of Sirca Paints India Ltd is 0.29 %.
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.
