Sirca Paints India logo

Sirca Paints India share price

NSE: SIRCABSE: 543686Consumer DurablesSmall Cap

Last close ₹409.65down ₹10.55 (2.51%)BSE ₹409.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹420.20.

52-week range of traded prices to 23 Oct 2026
₹385.00Low, 17 Jul 2026₹539.00High, 19 Nov 2025
Market cap
₹2,327 Cr1,066th largest listed
P/E
34.7
P/B
4.9
Dividend yield
0.49%
ROE
16.3%
ROCE
17.6%
Debt to equity
0.07
Volume, NSE
2,03,21242.6% delivered

Share price

Daily closes since May 2018, adjusted for splits and bonuses

−18.7%over a year

Results20-session average 1,90,996 shares a day, 33.8% delivered

Results

Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 28 Jul

Revenue
₹130 Crdown 3.19%
Net profit
₹16 Crdown 8.51%
Net margin
12.5%

Revenue by year

Peak revenue ₹492 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 2 AugSep 2025Filed 10 NovDec 2025Filed 31 JanMar 2026Filed 7 MayJun 2026Filed 28 Jul
Revenue10589101114131113134130
Net profit1311141418151816
Net margin12.6%12.9%14.0%12.4%13.8%13.3%13.2%12.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, PAINTS AND VARNISH, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 13% of 1,240 trading days over the last 5 years.

LowestHighest
Its median40.4Industry median29.8
Price to book

At or below today's level on 10% of 979 trading days since Nov 2022.

LowestHighest
Its median6.2Industry median2.6
EV to EBITDA22.9

At or below today's level on 9% of 979 trading days since Nov 2022.

LowestHighest
Its median28.2Industry median27.3
Dividend yield

At or below today's level on 92% of 1,208 trading days over the last 5 years.

LowestHighest
Its median0.36%Industry median1.29%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+66.6%+29.9%+27.8%0.5%
3 years+8.1%+11.4%−3.5%0.5%
5 years+21.0%+30.9%−7.9%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 4.16% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Shareholding pattern

Shareholding by group

  • Promoters65.19%
  • Foreign institutions4.64%
  • Indian institutions3.99%
  • Individuals and others26.18%
Holder
SANJAY AGARWALPromoter31.27%
BGB ITALIA S R LPromoter18.16%
GURJIT SINGH BAINSPromoter13.62%
SIRCA S.P.AForeign direct investment4.16%
PINALI AMAR AMBANIResident individuals, over ₹2 lakh at face value2.73%
ASHA MUKUL AGRAWALResident individuals, over ₹2 lakh at face value2.52%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

3 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Cut
1
Held unchanged
2
Sold out
2
Fund
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund19,80,0000.23%₹81.2 Cr
LIC Mutual Fund logoLIC Mf Balanced Advantage FundLIC Mutual Fund1,26,6990.80%₹5.20 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund47–₹19,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Paints, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Sirca Paints India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Berger Paints (I) logoBerger Paints (I)BERGEPAINT54,37744.77.928.6+5.2%+6.6%18.6%20.0%0.86%
Kansai Nerolac Paints logoKansai Nerolac PaintsKANSAINER14,65624.42.214.5+5.2%−47.0%9.1%11.3%1.38%
JSW Dulux logoJSW DuluxJSWDULUX13,0526.75.326.0−11.3%+383.5%103.8%16.8%1.74%
Indigo Paints logoIndigo PaintsINDIGOPNTS4,84029.84.217.7+9.5%+14.7%14.9%18.3%0.49%
Shalimar Paints logoShalimar PaintsSHALPAINTS648–2.6–−10.6%–−24.5%−11.5%0.00%
Kamdhenu Ventures logoKamdhenu VenturesKAMOPAINTS125–0.732.2−7.9%––−1.0%0.00%
Siddhika Coatings logoSiddhika CoatingsSIDDHIKA12011.52.6–+15.1%+21.7%24.3%–2.06%
Retina Paints logoRetina PaintsRETINA4773.01.3–+15.1%−51.0%1.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.00 a share, year to Mar 2026.
Ex-dateTypePer share
31 Jul 2026Final₹2.00
4 Sep 2025Final₹1.50
22 Aug 2024Final₹1.50
18 Aug 2023Final₹1.50
19 Jul 2022Final₹2.00
29 Jul 2021Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Sirca Paints India share price by year

Each calendar year to 2025.Sirca Paints India share price history

YearClose at year endChangeHighest closeLowest close
2025486.65+41.8%534.60239.75
2024343.10−16.3%431.75284.65
2023409.85+22.0%426.80289.10
2022336.00+25.4%380.78198.60
2021267.88+82.6%298.35146.23
2020146.73+23.4%168.5580.75
2019118.88+46.2%125.5568.33
201881.33–87.0547.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 30 May 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026421.05422.00405.50409.65411.562,03,21242.6%
22 Oct 2026430.05431.80417.50420.20425.461,13,60739.1%
21 Oct 2026435.50437.70426.10430.05431.643,97,92365.9%
19 Oct 2026428.00441.40427.00435.00436.232,44,80329.4%
16 Oct 2026429.90430.95425.30427.40427.411,08,30231.5%
15 Oct 2026433.65438.00427.00429.15431.912,66,80529.4%
14 Oct 2026413.00435.40413.00430.20427.697,27,96329.2%
13 Oct 2026409.90414.00405.00411.30410.472,30,72317.5%
12 Oct 2026403.50410.95403.50408.20408.1699,69138.0%
9 Oct 2026402.25405.00398.90402.70402.4666,07041.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
11 May 2023Bonus0.5000Holders received 1 bonus share for every 1 held.
9 Jul 2019Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Sirca Paints India Limited
NSE symbol
SIRCA
BSE code
543686
ISIN
INE792Z01011
Industry
Consumer Durables
Listed
May 2018 on NSE, Dec 2022 on BSE
Face value
₹10
CIN
L24219DL2006PLC145092
Corporate identity number, the registrar of companies' code for it