Sirca Paints India Ltd

Q1 FY26Consumer Durables

Sirca Paints India Ltd Q1 FY26 Results & Presentation Highlights: Capex ₹33.20 Cr

Q1 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹411

Market cap₹2.3K Cr

P/E34.4

Updated24 Sept 2026

Read4 min read

Based on Sirca Paints India Ltd's Q1 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue from Operations for Q1 FY26: INR 114.24 Cr, up 45.27% YoY (from INR 78.64 Cr in Q1 FY25). EBITDA for Q1 FY26: ₹22.56 Cr, up 60.34% YoY (from ₹14.07 Cr in Q1 FY25) - EBITDA margin for Q1 FY26: 19.74%, up from 17.89% in Q1 FY25 (10.34% YoY increase) - Profit After Tax (PAT) for Q1 FY26: ₹14.21 Cr, up 39.18% YoY (from ₹10.21 Cr in Q1 FY25) - The presentation does not state any explicit EBITDA or PAT margin outlook.

From Sirca Paints India Ltd's Q1 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Revenue from Operations for Q1 FY26: INR 114.24 Cr, up 45.27% YoY (from INR 78.64 Cr in Q1 FY25).
Total Income for Q1 FY26: INR 114.45 Cr, up 42.94% YoY (from INR 80.07 Cr in Q1 FY25).
Growth driven by better product mix focusing on high-value product sales.
No explicit volume figures provided in the presentation.
Q2 FY26 Outlook highlights:
Launch of new PU coatings range under the ‘Wembley’ brand for premium furniture/interior market.
Strategic capex to consolidate Wembley brand’s manufacturing units into one plant expected operational around Diwali to improve productivity and profitability.

2 more points management made on revenue & sales performance

Profitability & Margins

EBITDA for Q1 FY26: ₹22.56 Cr, up 60.34% YoY (from ₹14.07 Cr in Q1 FY25)
EBITDA margin for Q1 FY26: 19.74%, up from 17.89% in Q1 FY25 (10.34% YoY increase)
Profit After Tax (PAT) for Q1 FY26: ₹14.21 Cr, up 39.18% YoY (from ₹10.21 Cr in Q1 FY25)
The presentation does not state any explicit EBITDA or PAT margin outlook. However, the Q2 FY26 outlook discusses strategic initiatives aimed at improving productivity and profitability, implying a positive margin trajectory.

See what Sirca Paints India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

- Nov 2019: Commissioned a manufacturing facility at Sonipat (NCR) for Nitrocellulose, Melamine, Economical PU products, and PU thinner with a CAPEX of ~₹33.20 Cr. Facility capacity supports revenue up to ~₹550 Cr at peak utilization. - Post-acquisition of Wembley Paints: Added three manufacturing units. - Q1FY21: Shifted wall paint manufacturing unit to a larger premises due to higher demand. - Q2FY26 (upcoming): Strategic capex initiative to integrate three Wembley brand manufacturing units into a single consolidated facility, expected operational around Diwali. Aims to improve economies of scale, supply chain efficiency and reduce COGS. No further CAPEX amounts or specific project timelines beyond those stated above are provided in the presentation.

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Fundraising & Capital Structure

The investor presentation does not explicitly mention any fundraising through debt or equity.
There is a significant increase in interest cost from INR 0.01 Cr in Q1 FY25 to INR 1.1 Cr in Q1 FY26 (Page 22), indicating higher borrowing costs possibly due to increased debt.
Depreciation and amortisation expenses have also increased, reflecting ongoing investments (Page 22).
No direct details on new borrowings, net debt changes, or equity issuance are provided within the presentation.

2 more points management made on fundraising & capital structure

See what Sirca Paints India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly report any figures or specific details on order book, order inflow, or pending orders. It primarily focuses on: - Quarterly financial results (Q1 FY26 Revenue, EBITDA, PAT growth). - Strategic initiatives such as product launches (Wembley PU coatings) and manufacturing integration. - Market outlook and growth opportunities in premium wood coatings and PU systems.

2 more points management made on order book & pipeline

Sirca Paints India Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹134 Cr, net profit ₹18 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Sirca Paints India Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Sirca Paints India Ltd Q1 FY26 results?

What is Sirca Paints India Ltd share price analysis?

Sirca Paints India Ltd currently shows a neutral. The stock trades at a P/E of 34.4 with a market cap of ₹2,307 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sirca Paints India Ltd planning capital expenditure?

Nov 2019: Commissioned a manufacturing facility at Sonipat (NCR) for Nitrocellulose, Melamine, Economical PU products, and PU thinner with a CAPEX of ~₹33.20 Cr.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.