Sirca Paints India

NSE: SIRCABSE: 543686
Compare with peers
₹ 414.00▲ 2.95 (+0.72%)28 Oct, 03:29 pm IST
Market cap
₹ 2,323 Cr.
P/E
35x
P/B
5.02x
52-week range
385 – 539
ROE
16%
ROCE
20%
Dividend yield
0.5%
Debt / equity
0.07
Sector
Consumer Durables
Industry
Paints
Listed on
NSE, BSE

About

Sirca Paints India Limited provides wood coating products. The Company is engaged in the manufacturing and sales of wood coatings and other decorative paints, under its owned licensed brands, such as Sirca, Unico, San Marco and Durante Vivan. The Company operates through the manufacturing of wood wall paints & related products segment. Its product range includes all polyurethane polish (PU) products, stains, special effects, acrylic PU, polyster, wall paints, U.V. products and others. It offers Amore Gloss Luxury Emulsion; Double Face Emulsion; Fresco Matt Luxury Emulsion; Fresco Plus Silk Emulsion; Rovere Economy Emulsion Interior; Serene Premium Emulsion Interior; Double Face Emulsion; Rossa Weatherproof Emulsion Exterior, and others. Its Wall Primer includes Luna Wall Primer Exterior; Cosmo Wall Primer Interior / Exterior; Finesse Wall Primer Interior, and Primo Oil Primer. Its Wall Putty is an all-paints compatible putty suitable for both exterior and interior surfaces.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Paints: 10 companies →

Sirca Paints India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)35 against a typical 35.7: cheaper than most peers (1st = cheapest).5th of 10
  • Sales growth+14% against a typical +13% from a year earlier.5th of 10
  • Profit growth+14.3% against a typical +14.3% from a year earlier.5th of 9
  • Share price, 3 months+2.9% against a typical −9.1%.2nd of 10
  • Size₹ 2,323.4 Cr. market value against a typical ₹ 1,815.9 Cr. (1st = largest).5th of 10

Research by Minerva Capital Research Solutions

Our research team's work on Sirca Paints India

Also covered in

Sector note · 4 Aug 2025Premium
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Board meetings

Results dates and other board meetings. Full calendar

Details
28 Jul 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
7 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
31 Jan 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
10 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
2 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters
14 Jul 2025Fund RaisingTo consider Fund Raising

Share price

1Y change −17.62%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8472837910589101114131113134130
Expenses625966658673829210490109106
Operating Profit211416141915192327232624
OPM %25%19%20%18%18%17%19%20%21%20%19%19%
Other Income122112101112
Interest000000011111
Depreciation222222223333
Profit before tax211417141816181924202322
Tax %26%24%26%27%26%26%22%26%26%26%23%27%
Net Profit161113101311141418151816
EPS in Rs2.831.922.281.862.422.092.582.593.192.653.122.85

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
21%
5 Years
29%
3 Years
23%
TTM
24%
Compounded Profit Growth
10 Years
24%
5 Years
32%
3 Years
12%
TTM
26%
Stock Price CAGR
10 Years
—
5 Years
23%
3 Years
2%
TTM
—
Return on Equity
10 Years
17%
5 Years
16%
3 Years
16%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
65.19%
−2.35 pts in a year
FIIs
6.08%
+0.9 pts in a year
DIIs
3.53%
+3.53 pts in a year
Public
25.21%
−2.05 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 35xEPS (12 months) ₹ 11.80Median P/E 40.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Sirca Paints India₹ 414.00₹ 2,323 Cr.35x5x16%—
Asian Paints₹ 2,305.00₹ 2,21,095 Cr.58.1x12.1x21.2%12.4%
Solar Industries India₹ 18,320.00₹ 1,65,778 Cr.99.6x26.6x31.4%17.7%
Pidilite Industries₹ 1,514.00₹ 1,54,107 Cr.64.8x14.7x23.8%16.9%
SRF₹ 2,309.00₹ 68,444 Cr.44.6x6.1x13.8%11.6%
Linde India₹ 5,697.00₹ 48,586 Cr.110.5x14.2x13.6%21.7%

Management

Sanjay Agarwal
Executive Chairman of the Board, Managing Director
Shallu Arora
Chief Financial Officer
Hira Kumar
Chief Compliance Officer, Company Secretary
Apoorv Agarwal
Joint Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.