Sirca Paints India Ltd

Q3 FY24Consumer Durables

Sirca Paints India Ltd Q3 FY24 Results & Presentation Highlights: Revenue ₹72.49 Cr, PAT ₹10.51 Cr

Q3 FY24 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 Q3 FY24 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

Q3FY24 Revenue from Operations: ₹72.49 crores, up 11.2% YoY from ₹65.22 crores in Q3FY23. Q3FY24 Financials: - EBITDA: ₹13.77 crores, down 2.1% YoY (from ₹14.07 crores in Q3FY23) - EBITDA Margin: 19.00%, down 260 basis points YoY (from 21.57% in Q3FY23) - Profit After Tax (PAT): ₹10.51 crores, essentially flat YoY (-0.2% from ₹10.53 crores in Q3FY23) - Operating Margin: Not separately stated, but given total operating expenses and revenue, EBITDA margin is the primary profitability indicator given.

From Sirca Paints India Ltd's Q3 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q3FY24 Revenue from Operations: ₹72.49 crores, up 11.2% YoY from ₹65.22 crores in Q3FY23.
Total Income for Q3FY24: ₹74.12 crores, up 12.0% YoY from ₹66.18 crores in Q3FY23.
The presentation does not explicitly state volume figures.
No explicit forward-looking outlook on revenue or volumes is provided in the presentation.

2 more points management made on revenue & sales performance

Profitability & Margins

Q3FY24 Financials:
EBITDA: ₹13.77 crores, down 2.1% YoY (from ₹14.07 crores in Q3FY23)
EBITDA Margin: 19.00%, down 260 basis points YoY (from 21.57% in Q3FY23)
Profit After Tax (PAT): ₹10.51 crores, essentially flat YoY (-0.2% from ₹10.53 crores in Q3FY23)
Operating Margin: Not separately stated, but given total operating expenses and revenue, EBITDA margin is the primary profitability indicator given.

2 more points management made on profitability & margins

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

Capital Expenditure Plans

- The presentation mentions manufacturing activities progressing well for the Luxury PU portfolio with Made in India products receiving good market response; full effect expected in the coming financial year (Page 28). - Sirca has established the quality of these products at its Sonipat facility, which has passed rigorous testing and quality checks (Page 28). - No explicit capex amounts, timelines, or details of new plants or capacity expansions are directly stated in the presentation. - A dedicated team of 30+ people has been built for the wall paints portfolio, including senior-level hirings, indicating strategic focus but no specific capex or facility expansions are detailed (Page 28). Overall, the presentation highlights operational progress and team expansion related to product portfolios but does not provide explicit project capex figures, new plant announcements, or detailed timelines.

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Fundraising & Capital Structure

The presentation does not mention any new fundraising through debt or equity.
There is no indication of a change in borrowings or fresh debt raised in the Q3FY24 results discussion or elsewhere.
The Interest Cost reported for Q3FY24 is minimal at ₹0.01 crore (₹1.20 lakhs), showing no significant borrowing.
The 5-year financial summaries reflect consistent low interest costs and no large financing inflows in recent years.

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 details on order book, order inflow, or pending orders. The document focuses on: - Q3FY24 financial results and performance metrics such as revenue, EBITDA, and PAT. - Business updates including new product developments, strategic hires, and manufacturing progress.

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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Relaxo Footwears Ltd (Q3 FY24)
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Uday Jewellery Industries Ltd (Q3 FY24)
Q3FY24 Revenue from Operations: ₹54.6 Cr, up 22% YoY from ₹44.6 Cr in Q3FY23 (Page 29). Key investor presentation takeaways from Uday Jewellery Industries Ltd's
Asian Granito India Ltd (Q3 FY24)
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Focus Lighting (Q3 FY24)
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Frequently Asked Questions

What were Sirca Paints India Ltd Q3 FY24 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?

The presentation mentions manufacturing activities progressing well for the Luxury PU portfolio with Made in India products receiving good market response; full effect expected in the coming financial year (Page 28).

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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.