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Sirca Paints

NSE: SIRCABSE: 543686CONSUMER DURABLESPAINTS
Market Cap
--
P/E Ratio
0.00
P/B Ratio
0.00
ROE
0.00%
ROA
0.00%
Debt/Equity
0.00
Book Value
₹0.0
EPS
₹0.0

About Sirca Paints

Sirca Paints India is engaged in the business of sole import and distribution of total product range of Sirca S.P.A. Italy, which has progressively grown up to a significant position in the wood, glass and metal coatings in the global market, becoming on Sirca Paints India Limited was originally incorporated as a Private Limited Company as "Sircolor Wood Coatings Private Limited" on 19th January, 2006. Thereafter, the name of the Company was changed to "Sirca Paints India Private Limited" on 3rd May, 2017. The status of Company changed from Private Company to Public Company and the name was changed to "Sirca Paints India Limited" on 17th January, 2018. Sirca Paints India Limited is renowned for manufacturing and selling premium wood coatings and decorative paints, under its licensed brands such as Sirca, Unico, Oikos, and DuranteVivan. Furthermore, the Company has been making remarkable strides in the Indian market, particularly in North India, where it has established a dominant presence as a market leader in premium wood coatings. The Company currently operates 5 state-of-the-art manufacturing facilities, one for mass-market wood coatings products in Sonipat, Haryana, and another for wall paints and putty in the NCR region. The Foundation of the Company was laid down by Mr. Sanjay Agarwal, Mr. Apoorv Agarwal and Mr. Gurjit Singh Bains in 2006 to have a distinct global presence in Paint Industry by providing high quality coatings and technical assistance which leads to as healthy customer relationship. After establishment, the Company started import of Polyurethane Polish (PU) products from Italy and wall paints & Abrasives from Korea and selling them in India as a first step of Journey. The Company was first to launch wood filler in India and opened its wholly owned branches in Mumbai and Chennai. The Company is engaged in manufacturing and sales of wood coatings and other niche decorative paints and home-improvement products under its owned or exclusively licensed brands such as Sirca, Unico, San Marco and DuranteVivan. Presently, it has ventured into setting up an in-house manufacturing unit for melamine, NC products, and economical PU which adds to current product offerings. In May 2018, the Company came up with a Public Issue of 48,69,600 Fresh Issue Equity Shares. In 2023, the Company commissioned a line at Sonipat facility to produce resins. It launched a new water-based coatings range 'D'Aqua PU'. The Company enhanced the market presence with a strong distribution network of 26 branches and over 4000 retail outlets in FY2024-25. It also acquired the Wembley Group comprising Wembley Paints and Chemicals, Indo Wembley Paints Private Limited, and Wembley Sales Corporation along with Welcome brand from New Wembley Products LLP in FY25.

Price Action • SIRCA

Financial Statements

Consolidated & Standalone Reports

MetricTTMMar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16Mar '15
Total Revenue
439.38379.16318.08272.59204.43157.33140.67122.3593.5784.3472.6669.77
Operating Expenses
350.86306.55243.04206.03162.27131103.9984.3163.3162.2860.9159.65
Operating Profit
84.3767.4568.6861.7137.7612.1831.0631.8625.9120.239.645.6
Operating Margin (%)
-17.7921.5922.6418.477.7422.0826.0427.6923.9813.278.03
Total Expenses
-313.68249.01210.48166.47134.74106.4885.3664.0362.7961.5260.31
EBITDA
-72.6175.0466.5642.1626.3336.6738.0430.2622.0611.7610.12
EBITDA Margin (%)
-19.1523.5924.4220.6216.7326.0731.0932.3426.1616.1814.5
Interest Expenses
2.620.170.020.040.080.10.090.120.110.110.10.2
Depreciation
8.666.955.954.414.133.642.40.930.60.40.510.46
Profit Before Tax (PBT)
77.2465.4869.0762.1137.9522.5934.1836.9929.5521.5611.149.46
Tax Expenses
19.3216.3817.631610.235.989.0311.0910.167.853.863.28
PAT Before Extraordinary Items
-49.151.4446.1127.7316.6125.1625.919.3913.77.286.18
Net Profit
57.9249.151.4446.1127.7316.6125.1625.919.3913.77.286.18
Net Profit Margin (%)
-13.1216.517.2213.8611.5918.6222.2921.7316.610.319.46
EPS (Adjusted)
-8.659.068.124.882.924.434.563.412.411.281.09

Valuation & Key Ratios

Performance Metrics

MetricTTMMar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16Mar '15
Book Value Per Share
-63.7956.3396.8982.1673.5667.3891.8750.473,412.862,042.521,314.9
Return on Assets (ROA) %
-10.8914.6514.7710.566.5111.9813.5720.522.3516.1418.49
Return on Equity (ROE) %
-14.0416.6617.3612.318.2313.6215.4228.6640.1535.6246.99
Return on Capital Employed (ROCE) %
-16.7322.3323.3516.8811.2418.5422.0443.6363.4254.4171.06
Profitability Ratios
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Liquidity Ratios
------------
Valuation Ratios
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Debt to Equity Ratio
-00000.07000.070.110.520.9

Featured Insight

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Key People

M
Mr. Opender Krishan Koul
Executive
M
Mr. Chirag Goel
Executive
M
Ms. Shallu
Chief Financial Officer
M
Mr. Deepak Bhatia
Executive
M
Mr. K V Parthasarthy
Executive
M
Mr. Mohit Kumar
Executive
M
Mr. Dharam Virtuli
Executive
M
Mr. Chandan Jain
Executive
M
Mr. Deepak Ahuja
Executive
M
Mr. Deepak Pareek
Executive
H
Hira Kumar
Company Secretary,Compliance Officer

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