Sirca Paints India Ltd (SIRCA) share price, results, shareholding

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	84	72	83	79	105	89	101	114	131	113	134	130
Expenses	62	59	66	65	86	73	82	92	104	90	109	106
Operating Profit	21	14	16	14	19	15	19	23	27	23	26	24
OPM %	25%	19%	20%	18%	18%	17%	19%	20%	21%	20%	19%	19%
Other Income	1	2	2	1	1	2	1	0	1	1	1	2
Interest	0	0	0	0	0	0	0	1	1	1	1	1
Depreciation	2	2	2	2	2	2	2	2	3	3	3	3
Profit before tax	21	14	17	14	18	16	18	19	24	20	23	22
Tax %	26%	24%	26%	27%	26%	26%	22%	26%	26%	26%	23%	27%
Net Profit	16	11	13	10	13	11	14	14	18	15	18	16
EPS in Rs	2.83	1.92	2.28	1.86	2.42	2.09	2.58	2.59	3.19	2.65	3.12	2.85

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	71	83	89	116	134	141	196	264	311	372	492	508
Expenses	61	62	63	84	103	128	158	202	243	304	394	408
Operating Profit	10	20	26	32	31	12	38	62	69	67	99	100
OPM %	14%	25%	29%	27%	23%	9%	20%	23%	22%	18%	20%	20%
Other Income	2	2	4	6	6	14	4	5	6	5	4	5
Interest	0	0	0	0	0	0	0	0	0	0	5	5
Depreciation	1	0	1	1	2	4	4	4	6	7	11	11
Profit before tax	11	22	30	37	34	23	38	62	69	65	87	90
Tax %	35%	36%	34%	30%	26%	27%	27%	26%	26%	25%	25%
Net Profit	7	14	19	26	25	17	28	46	51	49	65	67
EPS in Rs	242.67	456.67	4.82	4.73	4.59	3.03	5.06	8.41	9.39	8.96	11.45	11.81
Dividend Payout %	0%	0%	0%	7%	16%	25%	20%	9%	16%	17%	17%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	21%	29%	23%	24%
Compounded Profit Growth	24%	32%	12%	26%
Stock Price CAGR	%	18%	2%		-15%
Return on Equity	17%	16%	16%			16%

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.10	0.10	0.10	13	18	27	27	27	27	55	55	57
Reserves	13	20	34	54	150	157	174	198	238	254	295	418
Borrowings	12	11	4	5	0	0	13	0	0	0	50	32
Other Liabilities	8	14	23	22	23	25	40	37	47	42	51	81
Total Liabilities	33	45	61	95	191	210	255	262	312	351	451	589
Fixed Assets	2	2	8	20	25	50	41	53	54	58	164	174
CWIP	0	0	0	0	9	0	2	1	5	6	0	10
Investments	2	3	2	0	0	0	0	0	0	44	2	57
Other Assets	29	40	51	75	157	160	212	208	252	243	285	348
Total Assets	33	45	61	95	191	210	255	262	312	351	451	589

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	5	11	-1	12	-8	19	35	-19	42	54	44
Cash from Investing Activity	-1	-5	-13	-71	5	15	-11	9	-21	-45	-70
Cash from Financing Activity	-1	-7	16	68	-8	-0	-17	-6	-8	-8	39
Net Cash Flow	2	-2	1	9	-11	34	7	-15	12	1	14
Free Cash Flow	4	5	-14	-2	-29	26	19	-29	32	-53	17
CFO/OP	94%	53%	-5%	76%	13%	204%	121%	0%	80%	105%	67%

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	62	83	106	137	125	124	112	85	71	77	92	115
Inventory Days	26	45	76	120	144	265	282	217	248	206	198	151
Days Payable	22	44	70	56	92	105	151	98	90	70	71	74
Cash Conversion Cycle	67	84	112	201	177	285	242	204	229	213	218	193
Working Capital Days	44	4	48	126	157	223	200	159	209	150	161	152
ROCE %		40%	63%	54%	31%	19%	11%	18%	25%	24%	19%	20%

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	67.55%	67.55%	67.55%	67.55%	67.55%	67.55%	67.55%	67.54%	65.19%	65.19%	65.19%	65.19%
FIIs	5.94%	5.93%	5.48%	5.36%	4.61%	4.09%	4.28%	5.18%	6.47%	6.92%	6.29%	6.08%
DIIs	0.00%	0.80%	0.75%	0.69%	0.69%	0.00%	0.00%	0.00%	0.32%	0.32%	0.00%	3.53%
Public	26.51%	25.73%	26.22%	26.41%	27.15%	28.36%	28.17%	27.26%	28.02%	27.58%	28.51%	25.21%
No. of Shareholders	45,025	51,911	57,376	57,689	56,926	53,079	52,101	46,029	43,816	40,526	37,648	37,017

Fundamentals

Market Cap₹ 2,320 Cr.

Current Price₹ 408

Stock P/E34.6

Book Value₹ 83.7

ROCE20.3 %

ROE15.8 %

Dividend Yield0.49 %

Face Value₹ 10.0

Compounded Sales Growth (TTM)24%

Compounded Profit Growth (TTM)26%

Standalone figures.

Valuation

Market capRs 2,281 Cr

Enterprise valueRs 2,255 Cr

P/E (TTM)34.01x

Price to book4.80x

Price to sales4.49x

EV / EBITDA21.35x

EV / EBIT23.82x

EV / sales4.44x

Price to cash flow51.31x

Earnings yield2.94%

Dividend yield0.50%

P/E, 3-year average30.78x

P/B, 3-year average4.55x

P/E, 5-year average26.89x

P/B, 5-year average3.96x

Profitability

Operating margin (excl. other income)20.08%

Operating margin (incl. other income)20.87%

EBITDA margin20.78%

Pre-tax margin17.72%

Net profit margin13.19%

Net margin, latest quarter12.47%

ROE15.77%

ROCE20.28%

ROA12.51%

ROE, 3-year average16.20%

ROCE, 3-year average20.96%

ROA, 3-year average13.43%

ROE, 5-year average16.08%

ROCE, 5-year average21.10%

ROA, 5-year average13.41%

ROIC (approx.)15.72%

Tax rate25.33%

Other income / net worth0.81%

Growth

Sales growth (latest year)32.42%

Profit growth (latest year)32.48%

Sales CAGR, 3 years23.10%

Sales CAGR, 5 years28.50%

Profit CAGR, 3 years12.15%

Profit CAGR, 5 years31.39%

Sales growth QoQ-3.19%

Profit growth QoQ-8.47%

Sales growth YoY (latest quarter)13.80%

Profit growth YoY (latest quarter)14.07%

Per share

EPS (TTM)Rs 11.81

EPS (latest year)Rs 11.45

EPS (latest quarter)Rs 2.85

EPS, 3-year averageRs 9.93

EPS, 5-year averageRs 11.35

Book value per shareRs 83.68

Sales per shareRs 89.49

Cash flow per shareRs 7.83

Free cash flow per shareRs 2.99

Dividend per share (latest year)Rs 2.00

Dividend per share, 3-year averageRs 1.67

Dividend per share, 5-year averageRs 1.70

Dividends

Dividend payout17.46%

Dividend payout, 3-year average16.73%

Dividend payout, 5-year average15.77%

Efficiency

Asset turnover0.84x

Fixed asset turnover2.84x

Inventory turnover2.64x

Inventory days138 days

Debtor days115 days

Debtors turnover3.17x

Creditor days74 days

Cash conversion cycle193 days

Working capital days152 days

Leverage

Total debtRs 32 Cr

Cash and bankRs 58 Cr

Net debtRs -26 Cr

Debt to equity0.07x

Net debt / EBITDA-0.24x

Interest coverage20.54x

Current ratio (filing 2026-03-31)5.21x

Quick ratio (filing 2026-03-31)3.72x

Trade payables (filing 2026-03-31)Rs 54 Cr

Owners' fund to total sources80.68%

Debt to assets5.49%

Cash flow

Cash from Operating Activity (latest year)Rs 44 Cr

Cash from Investing Activity (latest year)Rs -70 Cr

Cash from Financing Activity (latest year)Rs 39 Cr

Net Cash Flow (latest year)Rs 14 Cr

Free cash flow (latest year)Rs 17 Cr

FCFE (approx.: FCF + change in debt)Rs -1 Cr

Cash from ops / profit, 5 years0.65x

Sales to cash flow11.08x

Statement figures

Net sales (TTM)Rs 508 Cr

Net sales (latest year)Rs 492 Cr

Sales (latest quarter)Rs 130 Cr

Operating profit excl. other income (latest year)Rs 99 Cr

Operating profit (latest quarter)Rs 24 Cr

Other income (TTM)Rs 5 Cr

EBITDA (TTM)Rs 106 Cr

PBDT (TTM)Rs 101 Cr

Profit before tax (TTM)Rs 90 Cr

Tax (latest year)Rs 22 Cr

Net profit (TTM)Rs 67 Cr

Net profit (latest year)Rs 65 Cr

Net profit (latest quarter)Rs 16 Cr

Depreciation (TTM)Rs 11 Cr

Depreciation (latest quarter)Rs 3 Cr

Interest (TTM)Rs 5 Cr

Cost of goods sold (latest year)Rs 292 Cr

Total expenditure (latest year)Rs 394 Cr

Total income (latest year)Rs 496 Cr

Share capitalRs 57 Cr

ReservesRs 418 Cr

Shareholders' fundsRs 475 Cr

Total assetsRs 589 Cr

Net blockRs 174 Cr

Capital work in progressRs 10 Cr

InvestmentsRs 57 Cr

ReceivablesRs 155 Cr

InventoryRs 111 Cr

Other liabilitiesRs 81 Cr

Shares outstanding (crore)5.68

Ownership

Promoter holding65.19% (-2.35 in a year)

Computed by MarketFriction from the standalone statements. Returns use average balances.

P/E 34.0 is at the 28th percentile of its own 8.5-year range (median 38.4, low 18.1, high 91.6).

P/B 4.80 is at the 21th percentile (median 6.42).

Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.

Period	SIRCA	Nifty 50	Difference
1 week	-2.2%	-2.8%	+0.6 pts
1 month	-6.8%	-6.8%	-0.0 pts
3 months	-0.2%	-7.6%	+7.4 pts
6 months	+0.0%	+0.4%	-0.4 pts
1 year	-19.6%	-9.9%	-9.7 pts
2 years	+14.4%	-13.6%	+28.0 pts
3 years	+3.3%	+14.2%	-10.9 pts
5 years	+125.6%	+27.9%	+97.7 pts

5 mutual fund schemes hold about ₹103 Cr. Over three months 3 bought more and 1 sold (share counts, price move removed).

Fund	Weight	Est. Cr	3m shares
Bandhan Small Cap Fund	0.25%	86	-8%
LIC MF Balanced Advantage Fund	0.97%	7	+100%
LIC MF Midcap Fund	1.33%	5	+100%
LIC MF Aggressive Hybrid Fund	0.86%	5	+100%
Motilal Oswal BSE 1000 Index Fund	0.00%	0

Red flags

F-score 6 of 8

explain

Receivables outrunning sales Receivables grew 66% vs sales +32% in 2026

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026

Sales ₹130 Cr +14.0% vs Jun 2025. Net profit ₹16 Cr +14.3%.

Activity

Compare

Company	Mcap (Cr)	P/E	ROCE
Asian Paints Ltd	231,646	47.5	26.3 %
Berger Paints India Ltd	52,260	42.6	21.6 %
Kansai Nerolac Paints Ltd	14,667	22.8	12.0 %
JSW Dulux Ltd	13,819	36.0	22.7 %
Indigo Paints Ltd	5,163	31.2	17.9 %
Shalimar Paints Ltd	652		-7.93 %
Kamdhenu Ventures Ltd	134		2.23 %
Siddhika Coatings Ltd	129	13.4	31.9 %
Retina Paints Ltd	56	87.8	5.20 %

No bulk or block deals on record.

Ex-date	Action	Factor
2026-07-31	Dividend - Rs 2 Per Share
2025-09-04	Dividend - Rs 1.50 Per Share
2024-08-22	Dividend - Rs 1.50 Per Share
2024-08-22	Annual General Meeting
2023-08-18	Annual General Meeting/Dividend - Rs 1.50 Per Share
2023-05-11	Bonus 1:1	0.5000
2022-07-19	Annual General Meeting/Dividend - Rs 2 Per Share
2021-07-29	Annual General Meeting/Dividend - Rs 1.50 Per Share
2020-09-09	Annual General Meeting
2020-03-12	Interim Dividend - Re 1.50 Per Sh
2019-08-29	Annual General Meeting/Dividend - Re 1 Per Share

Date	Type	What it says
2026-09-15	Reply to Clarification- Fina	The Exchange had sought clarification from Sirca Paints India Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Lis...
2026-08-20	Clarification - Financial Re	The Exchange has sought clarification from Sirca Paints India Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Lis...
2026-08-12	Shareholder meeting	Voting results.
2026-08-11	Shareholder meeting	Proceedings of Annual General Meeting held on August 11, 2026
2026-07-28	Investor Presentation	Investor Presentation
2026-07-28	Statement of deviation(s) or	Statement of deviation(s) or variation(s) under Reg. 32
2026-07-28	Board meeting outcome	Sirca Paints India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-20	Shareholder meeting	Notice of Annual General Meeting to be held on August 11, 2026
2026-07-20	Updates	Business Responsibility and Sustainability Report ( BRSR ), for the financial year 2025-26.
2026-07-20	Shareholder meeting	Notice of undefined to be held on August 11, 2026
2026-07-17	Record Date	Record date for the purpose of Dividend is 31-Jul-2026.
2026-07-17	Board meeting outcome	Outcome of Board Meeting held on July 17, 2026.
2026-06-30	Disclosure under SEBI Takeov	Sirca Paints India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su...
2026-06-25	Reply to Clarification- Fina	The Exchange had sought clarification from Sirca Paints India Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Lis...
2026-06-08	Concall / analyst meet	Schedule of meet
2026-05-29	Disclosure under SEBI Takeov	Sirca Paints India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su...
2026-05-19	Updates	Please find enclosed the financial results for the period ended March 31, 2026.
2026-05-19	Clarification - Financial Re	The Exchange has sought clarification from Sirca Paints India Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Lis...
2026-05-16	Concall / analyst meet	Transcript
2026-05-15	Concall / analyst meet	Link of Recording
2026-05-07	Investor Presentation	Investor Presentation
2026-05-07	Concall / analyst meet	Schedule of meet
2026-05-07	Statement of deviation(s) or	Statement of deviation(s) or variation(s) under Reg. 32
2026-05-07	Dividend	Board of Directors at its meeting held on May 07, 2026, declared Select Dividend of Rs. 2 per equity share.
2026-05-07	Board meeting outcome	Sirca Paints India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Sirca Paints India Ltd?

Sirca Paints India Ltd (SIRCA) has a market capitalisation of Rs 2,320 Cr. at the 2026-10-01 close.

What is the P/E ratio of Sirca Paints India Ltd?

Sirca Paints India Ltd trades at a P/E of 34.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Sirca Paints India Ltd's latest quarterly results?

In the Jun 2026 quarter, Sirca Paints India Ltd sales was Rs 130 Cr (+14.0% vs Jun 2025) and net profit was Rs 16 Cr.

What is the 52-week high and low of Sirca Paints India Ltd?

The 52-week high is Rs 539.00 and the 52-week low is Rs 385.00.