SIRCA Paints India Key Ratios
NSE: SIRCA | BSE: 543686
₹430.30
As on 01-Sep-2026 14:19IST
Market cap
₹2,470 Cr
Revenue (TTM)
₹508 Cr
P/E Ratio
36.9
P/B Ratio
5
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -3.19 | 13.80 | 24.19 | 22.07 | 25.44 |
| EBIT | -5.50 | 6.22 | 30.96 | 14.70 | 49.30 |
| Net Profit | -8.36 | 14.09 | 26.33 | 12.29 | 28.02 |
| EPS | -8.35 | 10.10 | 21.91 | 10.97 | 27.11 |
| Book Value | -- | -- | 31.17 | 19.98 | 17.86 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 18.07 | 18.48 | 17.58 | 17.89 | 16.19 |
| Net Margin
| 14.08 | 14.54 | 13.05 | 13.10 | 12.95 |
| Return on equity
| 16.20 | 16.08 | 14.60 | 15.77 | 14.91 |
| Return on Capital
| 20.96 | 21.10 | -- | 20.28 | 18.54 |
| Return on Assets
| 12.88 | 12.89 | 12.89 | 12.08 | 11.75 |
| Debt to Equity (x)
| -- | -- | 0.05 | 0.07 | 0.14 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
20.28
|
18.54
|
24.06
|
25.33
|
|
Peer Median
|
--
|
21.71
|
30.37
|
25.47
|
--
|
ROE
14.60
Lower than Peers by 2.36
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
14.60
|
15.77
|
14.91
|
17.92
|
18.80
|
|
Peer Median
|
16.96
|
16.52
|
23.51
|
19.63
|
--
|
ROA
12.89
Lower than Peers by 0.34
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
12.89
|
12.08
|
11.75
|
14.78
|
15.40
|
|
Peer Median
|
13.23
|
10.76
|
13.77
|
11.02
|
--
|
EBIT Margin
17.58
Higher than Peers by 3.86
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
17.58
|
17.89
|
16.19
|
20.12
|
21.40
|
|
Peer Median
|
13.72
|
13.38
|
13.27
|
14.08
|
--
|
Net Margin
13.05
Higher than Peers by 1.95
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
13.05
|
13.10
|
12.95
|
16.17
|
16.91
|
|
Peer Median
|
11.10
|
11.26
|
13.08
|
10.39
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
15.38
|
14.99
|
18.41
|
18.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
24.19
Higher than Peers by 21.20
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
24.19
|
31.79
|
19.88
|
16.42
|
33.86
|
|
Peer Median
|
2.99
|
7.37
|
2.87
|
5.08
|
--
|
EBIT Growth
30.96
Higher than Peers by 30.55
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
30.96
|
45.65
|
-3.56
|
9.46
|
70.31
|
|
Peer Median
|
0.41
|
15.06
|
-4.87
|
24.87
|
--
|
Net Profit Growth
26.33
Higher than Peers by 23.05
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
26.33
|
32.54
|
-4.62
|
11.55
|
66.31
|
|
Peer Median
|
3.28
|
20.82
|
-4.55
|
28.26
|
--
|
EPS Growth
21.91
Higher than Peers by 22.41
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
21.91
|
27.91
|
-4.62
|
11.55
|
66.31
|
|
Peer Median
|
-0.50
|
11.00
|
-4.67
|
19.74
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
35.92
|
13.24
|
16.27
|
17.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.05
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
0.05
|
0.07
|
0.14
|
--
|
--
|
|
Peer Median
|
--
|
0.02
|
0.01
|
0.02
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
5.21
Higher than Peers by 3.00
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
5.21
|
4.27
|
3.94
|
5.04
|
4.28
|
|
Peer Median
|
2.21
|
2.13
|
2.12
|
2.03
|
--
|
Quick Ratio
3.72
Higher than Peers by 2.14
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
3.72
|
3.11
|
2.50
|
3.44
|
2.66
|
|
Peer Median
|
1.58
|
1.65
|
1.55
|
1.48
|
--
|
Interest Coverage
20.57
Lower than Peers by 30.40
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
20.57
|
18.79
|
377.08
|
3,419.85
|
1,452.02
|
|
Peer Median
|
50.98
|
29.29
|
50.64
|
36.86
|
--
|
Operating Efficiency
Debtors to sales
30.55
Higher than Peers by 14.59
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
30.55
|
31.52
|
24.97
|
21.03
|
19.18
|
|
Peer Median
|
15.96
|
17.27
|
15.82
|
15.80
|
--
|
Asset Turnover
0.98
Lower than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
0.98
|
0.92
|
0.89
|
0.90
|
0.89
|
|
Peer Median
|
1.10
|
1.02
|
1.06
|
1.32
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
92.10
|
77.57
|
68.44
|
66.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
81.02
|
99.32
|
114.58
|
115.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
63.38
|
65.20
|
74.69
|
84.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
--
|
109.74
|
111.69
|
108.33
|
97.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
36.85
Higher than Peers by 1.35
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
36.85
|
35.07
|
27.00
|
30.31
|
19.14
|
|
Peer Median
|
35.50
|
35.50
|
37.80
|
38.29
|
--
|
Price / Book Value
5.03
Lower than Peers by 0.32
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
5.03
|
4.80
|
3.79
|
5.05
|
6.65
|
|
Peer Median
|
5.35
|
5.35
|
8.06
|
7.94
|
--
|
Dividend Yield
0.46
Lower than Peers by 0.47
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
0.46
|
0.50
|
0.62
|
0.53
|
0.23
|
|
Peer Median
|
0.93
|
0.93
|
0.89
|
0.96
|
--
|
EV/EBITDA
23.15
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
23.15
|
21.95
|
18.19
|
19.85
|
25.75
|
|
Peer Median
|
--
|
29.79
|
28.18
|
37.76
|
--
|
Market Cap
2,470
Lower than Peers by 12,518
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SIRCA Paints India
|
2,470
|
2,280
|
1,325
|
1,559
|
1,765
|
|
Peer Median
|
14,988
|
14,988
|
17,743
|
16,734
|
--
|