Sirca Paints India Ltd. | Small-cap | Basic Materials
₹488.20
1.30%
| Sirca Paints India Stock Comparison:
Sirca Paints India vs Asian PaintsSirca Paints India vs Pidilite IndustriesSirca Paints India vs ResponsiveSirca Paints India vs Tanfac IndustriesSirca Paints India vs Balaji AminesSirca Paints India vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 1.1B
Gross Profit 514.4M 45.03%
Operating Income 200.8M 17.58%
Net Income 142.0M 12.43%
EPS (Diluted) ₹2.59

Balance Sheet Metrics

Total Assets 4.5B
Total Liabilities 1.0B
Shareholders Equity 3.5B
Debt to Equity 0.29

Cash Flow Metrics

Operating Cash Flow 124.4M
Free Cash Flow -99.0M

Revenue & Profitability Trend

Sirca Paints India Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i3.7B3.1B2.7B2.0B1.4B
Cost of Goods Sold i2.2B1.8B1.6B1.2B898.1M
Gross Profit i1.5B1.3B1.1B755.7M533.8M
Gross Margin % i41.1%42.1%41.6%37.8%37.3%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i365.5M257.8M201.5M150.3M103.3M
Other Operating Expenses i21.5M12.9M9.4M7.4M15.6M
Total Operating Expenses i387.0M270.7M211.0M157.7M118.9M
Operating Income i610.5M631.2M590.6M347.0M201.7M
Operating Margin % i16.3%20.2%22.1%17.3%14.1%
Non-Operating Items
Interest Income i33.0M46.6M33.2M24.5M352.0K
Interest Expense i1.5M89.0K190.0K360.0K863.0K
Other Non-Operating Income-----
Pre-tax Income i654.8M690.6M621.0M379.5M225.5M
Income Tax i164.2M176.3M160.0M102.3M59.7M
Effective Tax Rate % i25.1%25.5%25.8%26.9%26.5%
Net Income i490.6M514.3M461.1M277.2M165.8M
Net Margin % i13.1%16.5%17.2%13.9%11.6%
Key Metrics
EBITDA i729.0M751.1M668.1M425.6M368.3M
EPS (Basic) i₹8.95₹9.38₹8.41₹5.06₹3.03
EPS (Diluted) i₹8.95₹9.38₹8.41₹5.06₹3.03
Basic Shares Outstanding i5480880054808800548088005480880054808800
Diluted Shares Outstanding i5480880054808800548088005480880054808800

Income Statement Trend

Sirca Paints India Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i432.9M427.4M304.0M452.4M385.2M
Short-term Investments i129.2M707.8M556.0M373.6M403.5M
Accounts Receivable i933.0M655.4M513.6M456.3M430.5M
Inventory i1.1B953.4M1.0B696.9M649.5M
Other Current Assets-1.0K43.3M52.0M2.0K-2.0K
Total Current Assets i2.8B2.8B2.5B2.0B2.1B
Non-Current Assets
Property, Plant & Equipment i19.9M20.2M19.6M18.4M14.1M
Goodwill i2.1B52.6M50.6M49.5M49.7M
Intangible Assets i59.7M52.6M50.6M49.5M49.7M
Long-term Investments-----
Other Non-Current Assets70.8M23.4M25.6M24.0M14.8M
Total Non-Current Assets i1.7B680.1M630.7M573.7M457.9M
Total Assets i4.5B3.5B3.1B2.6B2.5B
Liabilities
Current Liabilities
Accounts Payable i387.4M325.4M365.5M314.0M348.4M
Short-term Debt i83.3M000132.0M
Current Portion of Long-term Debt-----
Other Current Liabilities3.0M2.6M2.4M1.0K13.8M
Total Current Liabilities i583.3M416.1M459.2M371.7M528.8M
Non-Current Liabilities
Long-term Debt i416.7M-3.3M00
Deferred Tax Liabilities i-----
Other Non-Current Liabilities-1.0K1.0K-1.0K--1.0K
Total Non-Current Liabilities i427.3M6.0M5.9M540.0K2.8M
Total Liabilities i1.0B422.1M465.1M372.2M531.5M
Equity
Common Stock i548.1M548.1M274.0M274.0M274.0M
Retained Earnings i2.1B1.7B1.5B1.1B903.6M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i3.5B3.1B2.7B2.3B2.0B
Key Metrics
Total Debt i500.0M03.3M0132.0M
Working Capital i2.2B2.4B2.0B1.7B1.6B

Balance Sheet Composition

Sirca Paints India Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i654.8M690.6M621.0M379.5M225.5M
Depreciation & Amortization i-----
Stock-Based Compensation i-----
Working Capital Changes i-51.7M-209.2M-681.1M91.8M-136.3M
Operating Cash Flow i572.2M434.7M-93.7M449.6M64.1M
Investing Activities
Capital Expenditures i-1.1B-100.2M-99.6M-164.9M72.5M
Acquisitions i-----
Investment Purchases i--64.5M0--17.0K
Investment Sales i--160.2M29.9M49.2M
Investing Cash Flow i-1.1B-164.8M60.6M-135.0M121.7M
Financing Activities
Share Repurchases i-----
Dividends Paid i-82.2M-82.2M-54.8M-41.1M-
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i-82.2M-82.2M-54.8M-173.1M0
Free Cash Flow i-526.7M199.2M-287.8M130.1M150.9M
Net Change in Cash i-578.1M187.8M-87.9M141.5M185.9M

Cash Flow Trend

Sirca Paints India Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 49.84
Forward P/E 47.25
Price to Book 7.57
Price to Sales 6.78
PEG Ratio 1.27

Profitability Ratios

Profit Margin 12.95%
Operating Margin 17.58%
Return on Equity 14.03%
Return on Assets 10.89%

Financial Health

Current Ratio 4.78
Debt to Equity 0.14
Beta 0.30

Per Share Data

EPS (TTM) ₹9.67
Book Value per Share ₹63.67
Revenue per Share ₹74.74

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
sirca28.3B49.847.5714.03%12.95%0.14
Asian Paints 2.3T62.1211.5518.28%10.63%11.42
Pidilite Industries 1.5T68.7315.3220.85%16.16%4.56
Responsive 49.3B24.513.6614.78%13.95%19.05
Tanfac Industries 47.5B47.6614.7332.50%15.83%13.28
Balaji Amines 46.1B29.872.477.80%11.11%0.55

Financial data is updated regularly. All figures are in the company's reporting currency.