Sirca Paints India Ltd (SIRCA) — shareholding pattern, promoter holding, financials and share price
About Sirca Paints India Ltd (SIRCA)
Sirca Paints India Ltd operates in the Paints industry, within the Consumer Durables sector. It trades on the NSE as SIRCA and on the BSE under scrip code 543686. Its ISIN is INE792Z01011.
Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand ‘Sirca’. [1]
Sirca Paints India Limited manufactures and imports premium wood coatings and decorative paints, marketing licensed and owned brands such as Sirca, Unico, Oikos, Wembley and Welcome across India through multiple manufacturing units and a growing retail and OEM distribution network.
Q3 FY26 showed a strong operational beat where Revenue rose to ₹112.79 crore (+27% YoY), EBITDA improved to ₹23.02 crore with margins at 20.4%, and PAT rose to ₹15.04 crore (+31% YoY), demonstrating margin expansion driven by better product mix and softening raw material prices despite a muted demand environment.
Listed peers in Paints: Kansai Nerolac Paints Ltd, JSW Dulux Ltd, Indigo Paints Ltd, Shalimar Paints Ltd, Kamdhenu Ventures Ltd, Retina Paints Ltd.
Valuation & Returns
10 Jul 2026At ₹393.2 a share on 10 Jul 2026, Sirca Paints India Ltd (SIRCA) was valued at a price-to-earnings ratio of 34.35x against an industry P/E of 50.62x and a price-to-book of 6.39x on a book value of ₹61.55 per share as of Mar 2025. Solomo computes return on equity of 18.6% and return on capital employed of 26.26% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 34.35x
- Industry P/E
- 50.62x
- P/B
- 6.39x
- EPS (TTM)
- ₹11.45
- Book value / share
- ₹61.55
- ROE
- 18.6%
- ROCE
- 26.26%
- ROA
- 14.43%
- Debt / equity
- 0x
- Dividend yield
- 0.38%
- EBITDA margin
- 20.82%
- 52-week range
- ₹389 – ₹539
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Sirca Paints India Ltd (SIRCA) reported revenue of ₹492 crore, net profit of ₹65 crore and earnings per share of ₹11.45. That compares with revenue of ₹372 crore and net profit of ₹49 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹134 crore and net profit ₹18 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 196 | 264 | 311 | 372 | 492 |
| Net profit (₹ cr) | 28 | 46 | 51 | 49 | 65 |
| EPS (₹) | 5.06 | 8.41 | 9.38 | 8.95 | 11.45 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 22.59% | 23.20% | 19.98% |
| Profit growth | 14.31% | 20.99% | -4.61% |
| Stock price CAGR | 18% | 4% | -6% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.19% of Sirca Paints India Ltd (SIRCA) (unchanged from the previous quarter), foreign institutional investors (FII) hold 6.08% and domestic institutional investors (DII) hold 3.54%. Market capitalisation was ₹2,233 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Jun 2026: SIRCA S.P.A 4.16%, BANDHAN SMALL CAP FUND 3.43%, PINALI AMAR AMBANI 2.73%, ASHA MUKUL AGRAWAL 2.52%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.19% | - | 6.08% | 3.54% | 34.81% |
| Mar 2026 | 65.19% | - | 6.3% | 0% | 34.81% |
| Dec 2025 | 65.19% | - | 6.92% | 0.32% | 34.81% |
| Sep 2025 | 65.19% | - | 6.47% | 0.32% | 34.81% |
| Jun 2025 | 67.55% | - | 5.19% | 0% | 32.45% |
| Mar 2025 | 67.55% | - | 4.28% | - | 32.45% |
| Dec 2024 | 67.55% | - | 4.09% | - | 32.45% |
| Sep 2024 | 67.55% | - | 4.61% | 0.69% | 32.45% |