Sirca Paints India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Sirca Paints India Ltd reported a 35.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 42.9%.
• Its expenses for the quarter were up by 40.2% QoQ and 43.9% YoY.
• The net profit increased 13.5% QoQ and increased 39.1% YoY.
• The earnings per share (EPS) of Sirca Paints India Ltd stood at 2.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sirca Paints India Ltd is a prominent player in the Indian paints industry, known for its specialization in wood coatings and decorative paints. The company primarily offers a wide range of high-quality paint products including wood finishes, wall paints, and industrial coatings. As of the latest updates, Sirca Paints has been focusing on expanding its market reach and product portfolio to cater to the growing demand in the construction and home improvement sectors. The company has been enhancing its distribution network and investing in marketing strategies to increase its brand presence across India.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), Sirca Paints India Ltd reported a total income of ₹114.45 crores. This represents a significant quarter-over-quarter (QoQ) increase of 35.1% from ₹84.72 crores in the fourth quarter of fiscal year 2025 (Q4FY25). On a year-over-year (YoY) basis, the total income grew by 42.9% from ₹80.10 crores in the first quarter of fiscal year 2025 (Q1FY25). These figures highlight a robust growth trajectory in revenues, which could be attributed to various market dynamics and strategic initiatives undertaken by the company.

Profitability

In terms of profitability, Sirca Paints India Ltd's Profit Before Tax (PBT) for Q1FY26 stood at ₹19.19 crores, showing a QoQ increase of 14.3% from ₹16.79 crores in Q4FY25, and a YoY increase of 37.8% from ₹13.93 crores in Q1FY25. The Profit After Tax (PAT) for the same period was ₹14.20 crores, up by 13.5% QoQ from ₹12.51 crores in Q4FY25 and by 39.1% YoY from ₹10.21 crores in Q1FY25. Earnings Per Share (EPS) also rose to ₹2.60 in Q1FY26, reflecting a QoQ growth of 13.0% from ₹2.30 and a YoY growth of 36.8% from ₹1.90 in Q1FY25. The increase in these profitability metrics underscores the company's ability to manage expenses effectively while capitalizing on revenue growth.

Operating Metrics

The total expenses for Sirca Paints India Ltd in Q1FY26 were reported at ₹95.26 crores, marking a 40.2% increase QoQ from ₹67.94 crores in Q4FY25, and a 43.9% increase YoY from ₹66.18 crores in Q1FY25. The tax expense for Q1FY26 was ₹4.98 crores, which increased by 16.4% QoQ from ₹4.28 crores and by 33.9% YoY from ₹3.72 crores in Q1FY25. These operating figures indicate a rise in operational costs alongside the revenue growth, reflecting the company's ongoing activities to support its expansion and market penetration strategies.