SIRCA Paints India
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SIRCA Paints India share price

SIRCA Paints India Ltd.

NSE: SIRCA BSE: 543686 SECTOR: Trading  70k   185   26

320.95
+2.40 (0.75%)
NSE: 23 Apr 04:02 PM

Price Summary

Today's High

₹ 323.45

Today's Low

₹ 315.25

52 Week High

₹ 444

52 Week Low

₹ 282.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 1759.09 Cr.

Enterprise Value

₹ 1707.41 Cr.

No. of Shares

5.48 Cr.

P/E

36.33

P/B

5.94

Face Value

₹ 10

Div. Yield

0.47 %

Book Value (TTM)

₹  54.05

CASH

₹ 51.68 Cr.

DEBT

₹ 0 Cr.

Promoter Holding

67.55 %

EPS (TTM)

₹  8.83

Sales Growth

33.86%

ROE

18.79 %

ROCE

25.33%

Profit Growth

66.3 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year33.86%
3 Year25.62%
5 Year24.58%

Profit Growth

1 Year66.3%
3 Year22.38%
5 Year18.92%

ROE%

1 Year18.79%
3 Year13.46%
5 Year15.33%

ROCE %

1 Year25.33%
3 Year18.01%
5 Year20.86%

Debt/Equity

0

Price to Cash Flow

-94.1

Interest Cover Ratio

1452.15186915888

CFO/PAT (5 Yr. Avg.)

0.286124585863383

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 67.55 0
Dec 2023 67.55 0
Sep 2023 67.55 0
Jun 2023 67.55 0
Mar 2023 67.55 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 22.3803596720649% for the Past 3 years.
  • The company has shown a good revenue growth of 25.6244872142368% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 1452.15186915888.
  • The Company has been maintaining an effective average operating margins of 20.1865852442776% in the last 5 years.
  • Company’s PEG ratio is 0.548009407220684.
  • Company has a healthy liquidity position with current ratio of 4.27826846847429.
  • The company has a high promoter holding of 67.55%.

 Limitations

  • Company has negative cash flow from operations of -18.6939.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 65.22 68.27 72.99 83.6 72.49
Total Expenditure 51.15 55.15 55.61 62.32 58.72
Operating Profit 14.07 13.12 17.38 21.28 13.77
Other Income 0.97 1.12 1.44 1.2 1.63
Interest 0.02 0 0 0 0.01
Depreciation 0.87 1.26 1.26 1.59 1.56
Exceptional Items 0 0 0 0 0
Profit Before Tax 14.16 12.99 17.56 20.89 13.83
Tax 3.62 3.5 4.66 5.38 3.32
Profit After Tax 10.53 9.49 12.9 15.51 10.51
Adjusted EPS (Rs) 1.92 1.73 2.35 2.83 1.92

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 116.17 135.05 143.18 200.02 267.75
Total Expenditure 84.31 103.98 130.92 162.25 206.03
Operating Profit 31.86 31.07 12.26 37.78 61.72
Other Income 6.18 5.61 14.15 4.4 4.84
Interest 0.12 0.1 0.18 0.1 0.04
Depreciation 0.93 2.4 3.64 4.13 4.41
Exceptional Items 0 0 0 0 0
Profit Before Tax 36.99 34.18 22.59 37.95 62.11
Tax 11.09 9.03 5.98 10.23 16
Net Profit 25.9 25.16 16.61 27.73 46.11
Adjusted EPS (Rs.) 4.73 4.59 3.03 5.06 8.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 18.27 27.4 27.4 27.4 27.4
Total Reserves 149.58 157.25 174.19 197.75 238.12
Borrowings 0.08 0 0 0 0
Other N/C liabilities -0.92 -0.77 -0.84 -0.44 0.11
Current liabilities 31.89 33.76 59.03 46.76 61.91
Total Liabilities 198.9 217.65 259.79 271.48 327.54
Assets
Net Block 25.18 53.16 40.67 53.13 54.49
Capital WIP 3.78 0 1.86 1.24 5.43
Intangible WIP 4.92 0 0 0 0
Investments 0 0 0.1 0.1 0.1
Loans & Advances 1.54 1.58 2.14 2.51 2.67
Other N/C Assets 0 0 0 0 0
Current Assets 163.48 162.91 215.02 214.5 264.86
Total Assets 198.9 217.65 259.79 271.48 327.54
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 36.99 34.18 22.59 37.95 62.11
Adjustment -3.06 -1.06 1.49 2.41 1.04
Changes in Assets & Liabilities -9.8 -29.15 0.92 5.74 -62.96
Tax Paid -11.79 -11.54 -5.76 -10.94 -18.88
Operating Cash Flow 12.34 -7.56 19.24 35.16 -18.69
Investing Cash Flow -71.29 4.81 14.74 -11.06 9.38
Financing Cash Flow 68.37 -8.46 -0.1 -17.38 -5.52
Net Cash Flow 9.42 -11.21 33.87 6.73 -14.84

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 67.55 67.55 67.55 67.55 67.55
anita agarwal 0.07 0.07 0.07 0.07 0.07
apoorv agarwal 2.02 2.02 2.02 2.02 2.02
ayushi agarwal 0.07 0.07 0.07 0.07 0.07
bgb italia s r l 18.81 18.81 18.81 18.81 18.81
gurjit singh bains 14.11 14.11 14.11 14.11 14.11
sanjay agarwal 32.41 32.41 32.41 32.41 32.41
srishti agarwal 0.07 0.07 0.07 0.07 0.07
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 32.45 32.45 32.45 32.45 32.45
asha mukul agrawal 2.97 2.97 2.97 2.92 2.62
pinali amar ambani - - - - 2.74
sirca s.p.a 3.83 3.83 3.83 3.83 3.83
gita kirti ambani 2.72 2.72 2.72 2.72 -
sanjay katkar 1.70 1.70 1.70 - -
pgim india trustees priva... 3.88 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

SIRCA Paints India - Quaterly Results5 Feb 2024, 12:00PM SIRCA Paints India - Quaterly Results5 Feb 2024, 12:00PM SIRCA Paints India - Quaterly Results5 Feb 2024, 12:00PM Sirca Paints India informs about closure of trading window28 Dec 2023, 4:50PM SIRCA Paints India - Quaterly Results11 Nov 2023, 12:55PM SIRCA Paints India - Quaterly Results11 Nov 2023, 12:55PM SIRCA Paints India - Quaterly Results11 Nov 2023, 12:55PM SIRCA Paints India - Quaterly Results14 Aug 2023, 3:52PM SIRCA Paints India - Quaterly Results14 Aug 2023, 3:52PM SIRCA Paints India - Quaterly Results14 Aug 2023, 3:52PM Sirca Paints India informs about transcript of earnings conference call 20 May 2023, 2:32PM Sirca Paints India informs about disclosure of related party transactions17 May 2023, 9:46AM Sirca Paints India informs about earnings presentation17 May 2023, 9:45AM SIRCA Paints India - Quaterly Results16 May 2023, 4:55PM SIRCA Paints India - Quaterly Results16 May 2023, 4:55PM SIRCA Paints India - Quaterly Results16 May 2023, 4:55PM Sirca Paints India informs about board meeting 8 May 2023, 2:15PM Sirca Paints India inks distribution agreement with OIKOS3 Apr 2023, 2:51PM Sirca Paints India submits analyst meet intimation28 Feb 2023, 4:05PM SIRCA Paints India - Quaterly Results25 Jan 2023, 2:53PM SIRCA Paints India - Quaterly Results25 Jan 2023, 2:53PM SIRCA Paints India - Quaterly Results25 Jan 2023, 2:53PM Sirca Paints India informs about newspaper advertisement18 Jan 2023, 3:09PM Sirca Paints India informs about closure of trading window30 Dec 2022, 4:26PM SIRCA Paints India - Quaterly Results11 Nov 2022, 12:00PM SIRCA Paints India - Quaterly Results11 Nov 2022, 12:00PM SIRCA Paints India - Quaterly Results11 Nov 2022, 12:00PM SIRCA Paints India - Quaterly Results28 Jul 2022, 12:00PM SIRCA Paints India - Quaterly Results28 Jul 2022, 12:00PM SIRCA Paints India - Quaterly Results28 Jul 2022, 12:00PM SIRCA Paints India - Quaterly Results26 May 2022, 12:00PM SIRCA Paints India - Quaterly Results26 May 2022, 12:00PM SIRCA Paints India - Quaterly Results26 May 2022, 12:00PM SIRCA Paints India - Quaterly Results5 Feb 2022, 12:00PM SIRCA Paints India - Quaterly Results5 Feb 2022, 12:00PM SIRCA Paints India - Quaterly Results5 Feb 2022, 12:00PM Sirca Paints India resumes production at Wood Coatings facility 30 Oct 2020, 3:22PM

SIRCA Paints India Stock Price Analysis and Quick Research Report. Is SIRCA Paints India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). SIRCA Paints India has a PE ratio of 36.3340993739599 which is high and comparatively overvalued .

  • Share Price: - The current share price of SIRCA Paints India is Rs 320.95. One can use valuation calculators of ticker to know if SIRCA Paints India share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. SIRCA Paints India has ROA of 15.3954484885778 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. SIRCA Paints India has a Current ratio of 4.27826846847429 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. SIRCA Paints India has a ROE of 18.7947059439723 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. SIRCA Paints India has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. SIRCA Paints India has an Inventory turnover ratio of 3.1491574882193 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - SIRCA Paints India has reported revenue growth of 33.858034674683 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of SIRCA Paints India for the current financial year is 23.0509200020616 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for SIRCA Paints India is Rs 1.5 and the yield is 0.4716 %.

Last Updated on:
Brief about SIRCA Paints India

SIRCA Paints India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

SIRCA Paints India Ltd. is a leading paint manufacturing company in India. Established in [year], the company has built a strong reputation for its high-quality products and innovative solutions in the paint industry. With a diverse range of products, SIRCA Paints caters to various consumer segments, including residential, commercial, and industrial markets.

SIRCA Paints India Ltd. - Share Price

The share price of SIRCA Paints India Ltd. reflects the market value of the company's stock. As a long-term stock investor, it is crucial to keep a close eye on the share price fluctuations. At our website, we provide real-time updates on the stock price, allowing investors to make informed decisions.

SIRCA Paints India Ltd. - Balance Sheet

The balance sheet of SIRCA Paints India Ltd. reveals the financial position of the company. It provides valuable insights into the company's assets, liabilities, and shareholders' equity. Our website offers a pre-built screening tool that enables investors to analyze the balance sheet and make informed investment decisions.

SIRCA Paints India Ltd. - Annual Report

The annual report of SIRCA Paints India Ltd. provides a comprehensive overview of the company's performance and financials throughout the year. It includes management discussions, financial statements, and key performance indicators. At our website, we provide downloadable annual reports for investors to gain a deeper understanding of the company's operations.

SIRCA Paints India Ltd. - Dividend

Dividends are an important consideration for long-term stock investors. SIRCA Paints India Ltd. has a strong track record of distributing dividends to its shareholders. For investors seeking information on dividend history and payout ratios, our website provides detailed data and analysis.

SIRCA Paints India Ltd. - Quarterly Result

Monitoring the quarterly results of SIRCA Paints India Ltd. is essential for investors. These reports provide insights into the company's financial performance over shorter periods, helping investors identify trends and potential opportunities. Our website offers quarterly result updates, allowing investors to track the company's progress.

SIRCA Paints India Ltd. - Stock Price

The stock price of SIRCA Paints India Ltd. is determined by various factors, including supply and demand dynamics and market sentiment. By analyzing historical stock prices and studying market patterns, investors can gain valuable insights. Our website provides stock price charts and tools to facilitate technical analysis.

SIRCA Paints India Ltd. - Price Chart

Price charts are an indispensable tool for technical analysis. They help investors identify trends, support, and resistance levels, and patterns in stock prices. As a long-term stock investor, utilizing price charts can enhance decision-making. Our website provides user-friendly price charts for investors to analyze and interpret.

SIRCA Paints India Ltd. - News

Staying updated with the latest news and developments is crucial for stock investors. Our website provides regular news updates related to SIRCA Paints India Ltd. These news articles cover a wide range of topics such as product launches, expansion plans, collaborations, and industry trends, providing investors with valuable insights.

SIRCA Paints India Ltd. - Concall Transcripts

Concall transcripts provide a detailed account of the discussions and conversations that occur during a company's conference call with analysts and investors. At our website, we offer downloadable concall transcripts for SIRCA Paints India Ltd., allowing investors to delve into the company's strategy, outlook, and future plans.

SIRCA Paints India Ltd. - Investor Presentations

Investor presentations are an effective way for companies to communicate their business strategy, financial performance, and growth prospects. SIRCA Paints India Ltd. regularly conducts investor presentations, which provide investors with a deeper understanding of the company's operations and future prospects. Our website offers downloadable investor presentations for further analysis.

SIRCA Paints India Ltd. - Promoters

Promoters play a significant role in the success and growth of a company. SIRCA Paints India Ltd. has a strong and dedicated group of promoters who have spearheaded its growth and expansion. It is important for investors to understand the background and expertise of the promoters when evaluating the investment potential of a company.

SIRCA Paints India Ltd. - Shareholders

Shareholders are an integral part of any company. As an investor, it is essential to have knowledge about the major shareholders of SIRCA Paints India Ltd. Understanding the shareholder base can provide insights into the ownership structure and the level of institutional or promoter holding.

SIRCA Paints India Ltd. - Premium Features

At our website, we offer premium features for investors looking to calculate fair value using advanced tools. Our pre-built screening tools enable investors to analyze the balance sheet, quarterly results, profit and loss statements, and more. Additionally, our featured premium tools, including DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis, enhance the evaluation process.

By providing comprehensive stock analysis tools and valuable information resources, our website aims to support long-term stock investors in making informed decisions regarding their investments in SIRCA Paints India Ltd.

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