Sirca Paints India Ltd

Sirca Paints Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sirca Paints India Ltd

₹ 315 -1.91%
22 Nov - close price
Company website BSE: 543686 NSE: SIRCA
About

Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand ‘Sirca’. [1]

Key Points

Product & Brand Portfolio
The company offers a range of wood coatings and other decorative paints under its brands:
1) Sirca: Offers luxury Italian wood coatings and high-end wall paints. The company is an exclusive licensee of this brand in India, Nepal, Bangladesh, and Sri Lanka.
2) Unico: Offers mass-market wood coatings products.
3) Oikos: Offers high-end decorative, solid color finishes and texture coatings.
4) Welcome: Offers a range of paint thinners & reducers. [1] [2]

Website BSE NSE
  • Market Cap ₹ 1,728 Cr.
  • Current Price ₹ 315
  • High / Low ₹ 444 / 282
  • Stock P/E 37.2
  • Book Value ₹ 59.1
  • Dividend Yield 0.48 %
  • ROCE 24.0 %
  • ROE 17.9 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

Part of BSE Allcap BSE Consumer Discretionary BSE SmallCap

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
61 53 54 61 73 65 68 73 84 72 83 79 106
47 41 45 46 54 51 55 56 62 59 66 65 87
Operating Profit 13 12 9 15 19 14 13 17 21 14 16 14 19
OPM % 22% 23% 17% 25% 26% 22% 19% 24% 25% 19% 20% 18% 18%
1 1 1 1 2 1 1 1 1 2 2 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 2 2 2 2 2
Profit before tax 14 12 9 15 20 14 13 18 21 14 17 14 18
Tax % 26% 25% 32% 24% 26% 26% 27% 27% 26% 24% 26% 27% 26%
10 9 6 12 14 11 9 13 16 11 13 10 13
EPS in Rs 1.85 1.67 1.13 2.13 2.63 1.92 1.73 2.35 2.83 1.92 2.28 1.86 2.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
134 141 196 264 311 339
103 128 158 202 243 276
Operating Profit 31 12 38 62 69 63
OPM % 23% 9% 19% 23% 22% 19%
6 14 4 5 6 6
Interest 0 0 0 0 0 0
Depreciation 2 4 4 4 6 6
Profit before tax 34 23 38 62 69 63
Tax % 26% 27% 27% 26% 26%
25 17 28 46 51 47
EPS in Rs 4.59 3.03 5.06 8.41 9.38 8.48
Dividend Payout % 16% 25% 20% 9% 16%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 30%
TTM: 17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 46%
TTM: -4%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 9%
1 Year: -15%
Return on Equity
10 Years: %
5 Years: %
3 Years: 17%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 27 27 27 27 55 55
Reserves 157 174 198 238 254 269
0 13 0 0 0 0
25 40 37 47 42 45
Total Liabilities 210 255 262 312 351 369
50 41 53 54 58 82
CWIP 0 2 1 5 6 0
Investments 0 0 0 0 0 7
160 212 208 252 287 280
Total Assets 210 255 262 312 351 369

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-8 19 35 -19 32
5 15 -11 9 -12
-8 -0 -17 -6 -8
Net Cash Flow -11 34 7 -15 12

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 124 112 85 71 77
Inventory Days 265 282 217 248 206
Days Payable 105 151 98 90 70
Cash Conversion Cycle 285 242 204 229 213
Working Capital Days 216 235 159 209 201
ROCE % 11% 18% 25% 24%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.55% 67.55% 67.55% 67.55% 67.55% 67.55% 67.55% 67.55% 67.55% 67.55% 67.55% 67.55%
0.00% 0.00% 0.00% 5.80% 5.59% 5.55% 5.90% 5.94% 5.93% 5.48% 5.36% 4.61%
5.71% 5.57% 5.90% 3.81% 4.41% 3.88% 0.00% 0.00% 0.80% 0.75% 0.69% 0.69%
26.75% 26.88% 26.55% 22.85% 22.45% 23.03% 26.56% 26.51% 25.73% 26.22% 26.41% 27.15%
No. of Shareholders 11,75513,05412,36914,50917,83120,88235,58345,02551,91157,37657,68956,926

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Concalls