Sirca Paints India (SIRCA)₹407.55−0.38%Paints
In the Jun 2026 quarter (consolidated), Sirca Paints India reported sales of ₹130 Cr, up 14.1% from Jun 2025, and net profit of ₹16.02 Cr, up 14.3% year on year. For the year to Mar 2026, sales were ₹491 Cr and net profit ₹65.14 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 83.84 | 71.84 | 82.76 | 78.82 | 105 | 88.87 | 101 | 114 | 131 | 113 | 134 | 130 |
| Expenses | 61.88 | 58.90 | 65.87 | 64.92 | 85.81 | 72.88 | 81.85 | 91.76 | 104 | 89.79 | 109 | 106 |
| Operating Profit | 21.07 | 14.04 | 16.05 | 14.04 | 19.04 | 15.03 | 19.06 | 23.05 | 27.06 | 23.06 | 26.08 | 24.07 |
| OPM % | 25.0% | 19.0% | 20.0% | 18.0% | 18.0% | 17.0% | 19.0% | 20.0% | 21.0% | 20.0% | 19.0% | 19.0% |
| Other Income | 0.99 | 2.01 | 2.01 | 1.01 | 1.01 | 2.01 | 1.01 | 0.00 | 1.01 | 1.01 | 0.99 | 2.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
| Depreciation | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 | 3.01 | 3.01 | 3.01 |
| Profit before tax | 21.06 | 14.05 | 17.05 | 14.04 | 18.04 | 16.04 | 18.04 | 19.05 | 24.08 | 20.06 | 23.05 | 22.05 |
| Tax % | 26.0% | 24.0% | 26.0% | 27.0% | 26.0% | 26.0% | 22.0% | 26.0% | 26.0% | 26.0% | 23.0% | 27.0% |
| Net Profit | 16.03 | 11.01 | 13.03 | 10.01 | 13.03 | 11.02 | 14.03 | 14.02 | 18.03 | 15.03 | 18.04 | 16.02 |
| EPS (Rs) | 2.82 | 1.91 | 2.27 | 1.85 | 2.41 | 2.08 | 2.56 | 2.58 | 3.18 | 2.64 | 3.10 | 2.84 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 134 | 141 | 196 | 263 | 310 | 371 | 491 | 507 |
| Expenses | 103 | 128 | 158 | 202 | 243 | 303 | 393 | 408 |
| Operating Profit | 31.09 | 12.04 | 38.12 | 62.16 | 69.23 | 67.21 | 99.29 | 100 |
| OPM % | 23.0% | 9.0% | 19.0% | 23.0% | 22.0% | 18.0% | 20.0% | 19.8% |
| Other Income | 5.99 | 14.01 | 4.01 | 5.01 | 6.01 | 5.01 | 3.99 | 5.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.01 | 4.04 |
| Depreciation | 2.01 | 4.01 | 4.01 | 4.01 | 6.01 | 7.02 | 11.03 | 12.04 |
| Profit before tax | 34.06 | 23.06 | 38.08 | 62.21 | 69.20 | 65.14 | 87.20 | 89.24 |
| Tax % | 26.0% | 27.0% | 27.0% | 26.0% | 26.0% | 25.0% | 25.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 25.04 | 17.04 | 28.07 | 46.11 | 51.12 | 49.12 | 65.14 | 67.12 |
| EPS (Rs) | 4.58 | 3.02 | 5.04 | 8.39 | 9.35 | 8.93 | 11.42 | 11.76 |
| Dividend payout % | 16.0% | 25.0% | 20.0% | 9.0% | 16.1% | 17.0% | 17.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 27.10 | 27.07 | 27.09 | 27.07 | 55.18 | 55.20 | 57.13 |
| Reserves | 157 | 174 | 199 | 238 | 255 | 296 | 419 |
| Borrowings | 0.00 | 13.05 | 0.00 | 0.00 | 0.00 | 50.22 | 32.14 |
| Other Liabilities | 25.12 | 40.20 | 37.17 | 47.23 | 42.20 | 51.25 | 82.39 |
| Total Liabilities | 211 | 256 | 263 | 313 | 352 | 453 | 590 |
| Fixed Assets | 50.19 | 41.13 | 53.20 | 54.19 | 58.22 | 165 | 175 |
| CWIP | 0.00 | 1.99 | 0.99 | 4.99 | 5.99 | 0.00 | 9.98 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 44.01 | 1.99 | 56.93 |
| Other Assets | 161 | 213 | 209 | 252 | 244 | 286 | 349 |
| Inventories | 50.86 | 64.80 | 69.81 | 99.70 | 94.81 | 108 | 111 |
| Trade receivables | 46.12 | 43.09 | 46.05 | 51.13 | 66.11 | 93.16 | 155 |
| Cash & equivalents | 49.86 | 78.85 | 82.87 | 51.90 | 69.91 | 53.89 | 57.89 |
| Total Assets | 211 | 256 | 263 | 313 | 352 | 453 | 590 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −8.01 | 19.02 | 35.04 | −19.01 | 42.01 | 54.08 | 44.01 |
| Cash from investing activity | 4.99 | 14.99 | −10.99 | 8.98 | −20.97 | −44.97 | −69.93 |
| Cash from financing activity | −8.01 | 0.00 | −17.01 | −6.01 | −8.01 | −8.01 | 39.01 |
| Net cash flow | −10.96 | 33.91 | 6.97 | −14.95 | 11.96 | 0.99 | 13.95 |
| Capex | 23.02 | 4.01 | 22.02 | 10.01 | 12.01 | 107 | 28.04 |
| Free cash flow | −28.93 | 25.93 | 18.95 | −28.94 | 31.90 | −52.84 | 16.95 |
| CFO / OP % | 13.0% | 204.1% | 121.1% | 0.0% | 80.1% | 105.1% | 67.1% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 125 | 113 | 86 | 72 | 78 | 93 | 116 |
| Inventory days | 265 | 282 | 217 | 248 | 206 | 198 | 151 |
| Days payable | 105 | 151 | 98 | 90 | 70 | 71 | 74 |
| Cash conversion cycle | 284 | 241 | 203 | 228 | 212 | 217 | 192 |
| Working capital days | 216 | 200 | 159 | 209 | 150 | 161 | 152 |
| ROCE % | — | 11.0% | 18.0% | 25.0% | 24.0% | 19.0% | 20.0% |
For the Jun 2026 quarter, Sirca Paints India reported sales of ₹130 Cr, up 14.1% year on year and net profit of ₹16.02 Cr, up 14.3% year on year. The operating margin was 19.0%.
Sirca Paints India's sales for the year to Mar 2026 were ₹491 Cr; over the last twelve months they were ₹507 Cr.
Net profit for the year to Mar 2026 was ₹65.14 Cr, and ₹67.12 Cr over the last twelve months. Earnings per share over the same trailing period were ₹11.76.
Sirca Paints India reported borrowings of ₹32.14 Cr at Mar 2026, against cash and equivalents of ₹57.89 Cr.
Cash from operations was ₹44.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹16.95 Cr.