Sirca Paints India
Sirca Paints India Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Sirca Paints India Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Sirca Paints India Ltd trades at a P/E of 35.89× and P/B of 5.26×, against the Basic Materials sector median P/E of 33.60×.
Valuation
Profitability
Growth
Financial Health
Sirca Paints India Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Sirca Paints India Ltd, switchable between annual and quarterly views, consolidated or standalone.
Sirca Paints India Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,362.58 Cr and reported EPS of ₹11.62.
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 143 | 200 | 268 | 312 | 374 | 492 |
| Other Income | 14 | 4 | 5 | 6 | 5 | 4 |
| Total Income | 157 | 204 | 273 | 318 | 379 | 496 |
| Cost of Goods Sold (COGS) | 84 | 117 | 147 | 169 | 200 | 267 |
| Gross Profit | 59 | 83 | 120 | 143 | 174 | 226 |
| +Operating Expenses | 47 | 45 | 59 | 74 | 107 | 127 |
| EBITDA | 12 | 38 | 62 | 69 | 67 | 99 |
| +Non-Operating Expenses | 4 | 4 | 4 | 6 | 7 | 16 |
| Profit Before Tax (PBT) | 23 | 38 | 62 | 69 | 65 | 87 |
| +Tax Expense | 6 | 10 | 16 | 18 | 16 | 22 |
| Profit After Tax (PAT) | 17 | 28 | 46 | 51 | 49 | 65 |
| Earnings Per Share (EPS) | 3.03 | 5.06 | 8.41 | 9.38 | 8.95 | 11.45 |
| Diluted Shares Outstanding (Nos.) | 5 | 5 | 5 | 5 | 5 | 6 |
| +Additional Disclosures | 219 | 284 | 358 | 418 | 513 | 676 |
| Sales Growth % | — | 39.70 | 33.86 | 16.42 | 19.98 | 31.68 |
| YoY Sales Growth % | — | 39.70 | 33.86 | 16.42 | 19.98 | 31.68 |
| Material Cost % | 15 | 22 | 29 | 32 | 29 | 41 |
| Employee Cost % | 11 | 10 | 9 | 10 | 12 | 10 |
| Other Cost % | 22 | 13 | 13 | 13 | 17 | 15 |
| OPM % | 9 | 19 | 23 | 22 | 18 | 20 |
| Tax % | 26 | 27 | 26 | 26 | 25 | 25 |
| Profit Growth % | — | 67.18 | 66.31 | 11.55 | -4.62 | 32.54 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 9 | 34 | 57 | 63 | 60 | 88 |
Sirca Paints India segment analysis: revenue and profit mix.
Disclosed business segments at Sirca Paints India with their share of revenue and profit, switchable between consolidated and standalone reporting.
Sirca Paints India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Sirca Paints India Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Sirca Paints India Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Sirca Paints India Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Minimal financial leverage with a low debt-to-equity ratio of 0.14.
Impressive quarterly sales growth of 45.30% and profit growth of 39.10%.
Significant promoter holding at 65.2% indicates strong management confidence.
Robust profitability with ROCE 19.70%, ROE 14.90%, and OPM 16.15%.
Consistent 5-year revenue growth of 22.60% demonstrates market acceptance.
What can break it.
Elevated P/E ratio of 54.70 suggests a potentially stretched valuation.
High Price-to-Book ratio of 8.33 indicates significant overvaluation risk.
Relatively low dividend yield of 0.28% may deter income investors.
Declining DII holding from 0.69% to 0.32% signals institutional caution.
Negative annual cash flow per share of -9.56 indicates liquidity concerns.
What would change my mind.
Trim if P/E re-rates above 47 (~1.4× the sector multiple of 33.6). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 7.30. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 11%. The operating engine is no longer compounding capital efficiently.
Sirca Paints India Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Sirca Paints India Ltd is highlighted for quick read-across.
Quick Compare
Sirca Paints India Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Sirca Paints India Ltd — derived from the live tape, not yesterday's close.
Sirca Paints India Ltd last traded at ₹415.95 with an intraday range of ₹413.2–₹423 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹415.95| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 441.17 | +25.22 | +6.06% |
| R3 | 431.37 | +15.42 | +3.71% |
| R2 | 427.18 | +11.23 | +2.70% |
| R1 | 421.57 | +5.62 | +1.35% |
| PIVOT | 417.38 | 1.43 | 0.34% |
| CURRENT | 415.95 | — | — |
| S1 | 392.17 | -23.78 | -5.72% |
| S2 | 401.97 | -13.98 | -3.36% |
| S3 | 407.58 | -8.37 | -2.01% |
| S4 | 411.77 | -4.18 | -1.01% |
SIRCA is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: 419.85 ~ 422
Trading Below opening range, showing Bearishness
Sirca Paints India Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Sirca Paints India Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Sirca Paints India Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Sirca Paints India Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Sirca Paints India Ltd stood at 37.2% of traded volume, against a 20-day average of 32.0%.
Sirca Paints India announcements: results, concalls, ratings, M&A.
Filings Sirca Paints India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Sirca Paints India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 92 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
Sirca Paints India Limited has informed the Exchange about Schedule of meet
Disclosure under SEBI Takeover Regulations
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…
Copy of Newspaper Publication
Sirca Paints India Limited has informed the Exchange about Copy of Newspaper Publication
Analysts/Institutional Investor Meet/Con. Call Updates
Sirca Paints India Limited has informed the Exchange about Schedule of meet
Statement of deviation(s) or variation(s) under Reg. 32
Sirca Paints India Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Sirca Paints India dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Sirca Paints India has declared, sequenced by announce and record date.
Sirca Paints India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Sirca Paints India Ltd: business, sector, key facts.
What Sirca Paints India Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Sirca Paints India Ltd operates in the Basic Materials, listed as NSE: SIRCA, BSE: 543686.
Sirca Paints India Limited is a prominent player in the Indian coatings market, specializing in the import and distribution of high-quality coatings for wood, metal, and glass. Their business model centers around providing a comprehensive range of products to meet diverse customer needs across various applications.
For wood finishing, Sirca offers an extensive portfolio including wood stains, polyurethane and polyester polishes, acrylic finishes, UV protective coatings, wood fillers, and various wood care products. They also cater to specialized applications with products for creating handmade and special effects, as well as a selection of additives to customize coatings. Their wood coating offerings encompass both water-borne and solvent-borne bicomponent pigmented topcoats, demonstrating a commitment to providing environmentally conscious and traditional options.
Beyond wood coatings, Sirca provides a substantial range of paints and coatings designed for metal surfaces. These products are specifically formulated for corrosion protection, a critical aspect in many industrial and construction applications. The company also caters to artistic metalwork, indicating a dedication to serving both functional and aesthetic needs within the metal coatings sector. Additionally, they offer nitrocellulose and melamine coatings and thinners, further expanding their metal finishing capabilities.
Completing their product line, Sirca offers wall primer and putty, essential materials for surface preparation prior to painting. This addition highlights their commitment to providing a complete solution for surface finishing, from preparation to the final coat. This integrated approach allows customers to source all necessary products from a single supplier, simplifying the procurement process.
The company's reach extends beyond the domestic market, with successful exports to neighboring countries including Nepal, Bangladesh, and Sri Lanka. This international presence underlines their ability to meet high standards and compete effectively in a broader marketplace. Sirca Paints India Limited, established in 2006 and headquartered in New Delhi, continues to be a significant contributor to the Indian coatings industry.
Questions investors ask about Sirca Paints India Ltd (SIRCA).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Sirca Paints India Ltd (SIRCA)?
The current share price of Sirca Paints India Ltd (SIRCA) is ₹415.95. Today, the stock has declined by ₹3.85 (0.92%), trading in a range of ₹413.2 to ₹423. The stock opened at ₹419.85 with a trading volume of 2,99,773 shares.
02Is Sirca Paints India Ltd stock a good investment for long-term?
Sirca Paints India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,362.58 crores, P/E ratio of 35.89, ROE of 15.77%, and ROCE of 19.70%. The dividend yield stands at 0.36%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Sirca Paints India Ltd stock?
The 52-week high price of Sirca Paints India Ltd (SIRCA) is ₹539, while the 52-week low is ₹368. Currently trading at ₹415.95, the stock is 28.0% away from its 52-week low and 22.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Sirca Paints India Ltd stock at the current price?
Whether to buy Sirca Paints India Ltd stock at ₹415.95 depends on multiple factors. The stock is currently trading with a P/E ratio of 35.89 and P/B ratio of 5.26. Today's performance shows a loss of 0.92%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Sirca Paints India Ltd and when is the next dividend?
Sirca Paints India Ltd offers a dividend yield of 0.36%, which means for every ₹100 invested at the current price of ₹415.95, you can expect to receive approximately ₹0.36 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Sirca Paints India Ltd?
Sirca Paints India Ltd's key financial metrics include: P/E Ratio: 35.89, P/B Ratio: 5.26, ROE: 15.77%, ROCE: 19.70%, Dividend Yield: 0.36%, EPS: ₹11.62, Book Value: ₹79.29, and Debt-to-Equity: 6.80. The company's market cap stands at ₹2,362.58 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Sirca Paints India Ltd stock performing today in the market?
Sirca Paints India Ltd stock opened at ₹419.85 and is currently trading at ₹415.95, showing a decline of ₹3.85 (0.92%). The intraday high is ₹423 and low is ₹413.2. The trading volume stands at 2,99,773 shares, indicating moderate market participation today.
08What is the P/E ratio of Sirca Paints India Ltd and what does it indicate?
Sirca Paints India Ltd has a Price-to-Earnings (P/E) ratio of 35.89, which means investors are willing to pay ₹35.89 for every ₹1 of earnings. With an EPS of ₹11.62, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Sirca Paints India Ltd (SIRCA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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