Sirca Paints India Ltd Share Price ₹418

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Sirca Paints India Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	68	73	84	72	83	79	105	89	101	114	131	113	134
Expenses +	55	56	62	59	66	65	86	73	82	92	104	90	109
Operating Profit	13	17	21	14	16	14	19	15	19	23	27	23	26
OPM %	19%	24%	25%	19%	20%	18%	18%	17%	19%	20%	21%	20%	19%
Other Income +	1	1	1	2	2	1	1	2	1	0	1	1	1
Interest	0	0	0	0	0	0	0	0	0	1	1	1	1
Depreciation	1	1	2	2	2	2	2	2	2	2	3	3	3
Profit before tax	13	18	21	14	17	14	18	16	18	19	24	20	23
Tax %	27%	27%	26%	24%	26%	27%	26%	26%	22%	26%	26%	26%	23%
Net Profit +	9	13	16	11	13	10	13	11	14	14	18	15	18
EPS in Rs	1.73	2.35	2.83	1.92	2.28	1.86	2.42	2.09	2.58	2.59	3.19	2.65	3.12

Financials of Sirca Paints India Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	65	71	83	89	116	134	141	196	264	311	372	492
Expenses +	60	61	62	63	84	103	128	158	202	243	305	394
Operating Profit	6	10	20	26	32	31	12	38	62	69	68	99
OPM %	9%	14%	25%	29%	27%	23%	9%	20%	23%	22%	18%	20%
Other Income +	4	2	2	4	6	6	14	4	5	6	5	4
Interest	0	0	0	0	0	0	0	0	0	0	0	5
Depreciation	0	1	0	1	1	2	4	4	4	6	7	11
Profit before tax	9	11	22	30	37	34	23	38	62	69	65	87
Tax %	35%	35%	36%	34%	30%	26%	27%	27%	26%	26%	25%	25%
Net Profit +	6	7	14	19	26	25	17	28	46	51	49	65
EPS in Rs	206.00	242.67	456.67	4.82	4.73	4.59	3.03	5.06	8.41	9.39	8.96	11.45
Dividend Payout %	0%	0%	0%	0%	7%	16%	25%	20%	9%	16%	17%	17%

Financials of Sirca Paints India Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.10	0.10	0.10	13	18	27	27	27	27	55	55	57
Reserves	13	20	34	54	150	157	174	198	238	254	295	418
Borrowings +	12	11	4	5	0	0	13	0	0	0	0	32
Other Liabilities +	8	14	23	22	23	25	40	37	47	42	101	81
Total Liabilities	33	45	61	95	191	210	255	262	312	351	451	589
Fixed Assets +	2	2	8	20	25	50	41	53	54	58	164	174
CWIP	0	0	0	0	9	0	2	1	5	6	0	10
Investments	2	3	2	0	0	0	0	0	0	44	2	57
Other Assets +	29	40	51	75	157	160	212	208	252	243	285	348
Total Assets	33	45	61	95	191	210	255	262	312	351	451	589

Financials of Sirca Paints India Ltd

Operating, investing and financing cash movement

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	5	11	-1	12	-8	19	35	-19	42	54	44
Cash from Investing Activity +	-1	-5	-13	-71	5	15	-11	9	-21	-45	-70
Cash from Financing Activity +	-1	-7	16	68	-8	-0	-17	-6	-8	-8	39
Net Cash Flow	2	-2	1	9	-11	34	7	-15	12	1	14
Free Cash Flow	4	5	-14	-2	-29	26	19	-29	32	-53	17
CFO/OP	94%	53%	-5%	76%	13%	204%	121%	0%	80%	105%	67%

Financials of Sirca Paints India Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	62	83	106	137	125	124	112	85	71	77	92	115
Inventory Days	26	45	76	120	144	265	282	217	248	206	198	151
Days Payable	22	44	70	56	92	105	151	98	90	70	71	74
Cash Conversion Cycle	67	84	112	201	177	285	242	204	229	213	218	193
Working Capital Days	44	4	48	126	157	223	200	159	209	150	161	189
ROCE %		40%	63%	54%	31%	19%	11%	18%	25%	24%	20%	21%