Sirca Paints India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Sirca Paints India Ltd reported a 15.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 24.3%.
• Its expenses for the quarter were up by 13.1% QoQ and 21.9% YoY.
• The net profit increased 27.5% QoQ and increased 36.3% YoY.
• The earnings per share (EPS) of Sirca Paints India Ltd stood at 3.24 during Q2 FY 2025-26.

Financial Statments for Q2 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 company that operates within the paint industry, focusing on the production and distribution of high-quality wood coatings and other decorative paints. Known for its innovative products and commitment to quality, Sirca Paints has established a strong market presence, particularly in the premium segment of the paint industry. As of the latest report, the company continues to expand its product offerings and market reach. While specific recent developments regarding new product launches or strategic initiatives are not provided in the available data, Sirca Paints India Ltd is recognized for maintaining robust growth and adapting to market demands effectively.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Sirca Paints India Ltd reported a total income of ₹132.21 crores. This represents a quarter-over-quarter (QoQ) increase of 15.5% from ₹114.45 crores in the first quarter of fiscal year 2026 (Q1FY26). Compared to the same quarter in the previous fiscal year (Q2FY25), where total income was ₹106.34 crores, there is a year-over-year (YoY) growth of 24.3%. This significant increase in revenue highlights the company's ability to generate higher sales over both the short and long term. The revenue growth may be attributed to increased demand, market expansion, or successful product offerings, although specific drivers are not detailed in the provided data.

Profitability

Sirca Paints India Ltd's profitability metrics indicate strong performance in Q2FY26. The company achieved a profit before tax of ₹24.47 crores, up 27.5% from ₹19.19 crores in Q1FY26, and a 36.2% increase from ₹17.97 crores in Q2FY25. After accounting for taxes, the profit after tax stood at ₹18.10 crores, reflecting a 27.5% QoQ rise from ₹14.20 crores and a 36.3% YoY growth from ₹13.28 crores. This upward trend in profitability is further supported by the earnings per share (EPS), which increased to ₹3.24 in Q2FY26 from ₹2.59 in Q1FY26 and ₹2.42 in Q2FY25, marking a 25.1% QoQ and 33.9% YoY rise. The data points to effective cost management and operational efficiency, as total expenses increased by 13.1% QoQ and 21.9% YoY, which is lower than the growth in income.

Operating Metrics

The operational performance of Sirca Paints India Ltd in Q2FY26 shows favorable trends. Total expenses for the quarter were ₹107.75 crores, rising from ₹95.26 crores in Q1FY26 and ₹88.37 crores in Q2FY25. Despite this increase, the growth in expenses was proportionately less than the growth in total income, which suggests efficient operational management. The tax expense increased to ₹6.37 crores in Q2FY26, reflecting a 27.9% QoQ and 35.8% YoY increase, which aligns with the growth in profitability before tax. While the data does not provide specific operating ratios such as the current ratio or debt-to-equity ratio, the available figures suggest that Sirca Paints India Ltd is maintaining its operational efficiency while managing growth effectively.