Here's Why Sirca Paints India (NSE:SIRCA) Has Caught The Eye Of Investors
Jul 17
Indian (NIFTY) Retail Distributors Industry Analysis
UpdatedJul 18, 2024
DataAggregated Company Financials
Companies88
- 7D1.5%
- 3M17.5%
- 1Y31.4%
- YTD6.5%
Over the last 7 days, the Retail Distributors industry has risen 1.5%, driven by gains from Sirca Paints India of 5.7%. During this same period, the Lahoti Overseas underperformed, falling 7.7%. In the last 12 months, the industry was up 31%. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Indian Retail Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Jul 2024 | ₹117.5b | ₹68.5b | ₹3.1b | 49.5x | 38x | 1.7x |
| Sat, 15 Jun 2024 | ₹107.3b | ₹71.8b | ₹3.1b | 46.8x | 35.1x | 1.5x |
| Mon, 13 May 2024 | ₹106.5b | ₹70.7b | ₹3.2b | 35.9x | 33.5x | 1.5x |
| Wed, 10 Apr 2024 | ₹108.5b | ₹70.4b | ₹3.0b | 38x | 35.7x | 1.5x |
| Fri, 08 Mar 2024 | ₹105.5b | ₹67.0b | ₹3.0b | 41.3x | 35.7x | 1.6x |
| Sun, 04 Feb 2024 | ₹112.1b | ₹64.2b | ₹3.7b | 45.3x | 30.3x | 1.7x |
| Tue, 02 Jan 2024 | ₹107.1b | ₹64.9b | ₹3.9b | 41.4x | 27.6x | 1.7x |
| Thu, 30 Nov 2023 | ₹95.9b | ₹65.0b | ₹3.9b | 35.7x | 24.7x | 1.5x |
| Sat, 28 Oct 2023 | ₹84.4b | ₹101.8b | ₹1.1b | 35.6x | 75.4x | 0.8x |
| Mon, 25 Sep 2023 | ₹84.4b | ₹91.5b | ₹996.3m | 39.2x | 84.7x | 0.9x |
| Wed, 23 Aug 2023 | ₹91.9b | ₹95.0b | ₹1.0b | 37.6x | 91.1x | 1x |
| Fri, 21 Jul 2023 | ₹81.4b | ₹56.7b | ₹3.4b | 36.8x | 24.2x | 1.4x |
| Sun, 18 Jun 2023 | ₹80.1b | ₹56.4b | ₹3.3b | 43.5x | 24.1x | 1.4x |
| Tue, 16 May 2023 | ₹76.1b | ₹49.6b | ₹2.5b | 28.8x | 30.2x | 1.5x |
| Thu, 13 Apr 2023 | ₹71.3b | ₹49.3b | ₹2.5b | 28x | 28.2x | 1.4x |
| Sat, 11 Mar 2023 | ₹71.5b | ₹49.1b | ₹2.5b | 26.4x | 28.7x | 1.5x |
| Mon, 06 Feb 2023 | ₹73.8b | ₹46.3b | ₹2.4b | 32.7x | 30.5x | 1.6x |
| Wed, 04 Jan 2023 | ₹74.2b | ₹45.7b | ₹2.4b | 38.1x | 30.7x | 1.6x |
| Fri, 02 Dec 2022 | ₹70.8b | ₹45.7b | ₹2.4b | 42x | 29.7x | 1.5x |
| Sun, 30 Oct 2022 | ₹67.5b | ₹47.5b | ₹2.0b | 44.2x | 33.8x | 1.4x |
| Tue, 27 Sep 2022 | ₹65.6b | ₹47.6b | ₹2.0b | 43.4x | 33.2x | 1.4x |
| Thu, 25 Aug 2022 | ₹58.7b | ₹47.5b | ₹1.9b | 39.4x | 30.9x | 1.2x |
| Sat, 23 Jul 2022 | ₹58.9b | ₹44.6b | ₹1.6b | 55x | 36.8x | 1.3x |
| Mon, 20 Jun 2022 | ₹55.1b | ₹44.2b | ₹1.6b | 44.9x | 34.4x | 1.2x |
| Wed, 18 May 2022 | ₹56.8b | ₹42.3b | ₹1.7b | 33.4x | 32.5x | 1.3x |
| Fri, 15 Apr 2022 | ₹62.9b | ₹42.6b | ₹2.4b | 34.3x | 26.3x | 1.5x |
| Sun, 13 Mar 2022 | ₹56.9b | ₹42.0b | ₹2.4b | 32.4x | 24.1x | 1.4x |
| Tue, 08 Feb 2022 | ₹62.3b | ₹39.9b | ₹2.4b | 45.7x | 26x | 1.6x |
| Thu, 06 Jan 2022 | ₹61.8b | ₹38.7b | ₹2.3b | 48.8x | 26.8x | 1.6x |
| Sat, 04 Dec 2021 | ₹57.2b | ₹38.7b | ₹2.3b | 43.6x | 24.8x | 1.5x |
| Mon, 01 Nov 2021 | ₹51.4b | ₹36.6b | ₹2.3b | 43.5x | 22.6x | 1.4x |
| Wed, 29 Sep 2021 | ₹54.5b | ₹36.6b | ₹2.2b | 50.8x | 24.5x | 1.5x |
| Fri, 27 Aug 2021 | ₹55.4b | ₹37.5b | ₹2.2b | 61.1x | 24.7x | 1.5x |
Price to Earnings Ratio
25.3x
Current Industry PE
- Investors are optimistic on the Indian Retail Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 38.0x which is higher than its 3-year average PE of 34.0x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Retail Distributors industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Discretionary industry?
| IN Market | 1.15% | |
| Consumer Discretionary | 0.32% | |
| Retail Distributors | 1.54% | |
| Distributors | 1.54% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SIRCA Sirca Paints India | ₹372.85 | 5.7% +₹1.1b | 7.8% | PE39.7x | |
| 542628 Northern Spirits | ₹282.75 | 15.8% +₹620.4m | 17.3% | PE27.4x | |
| 512008 EFC (I) | ₹546.45 | 0.6% +₹171.8m | 174.3% | PE53.1x | |
| 531307 RRIL | ₹23.29 | 4.8% +₹128.5m | 22.6% | PE49.1x | |
| 514378 Yarn Syndicate | ₹56.05 | 7.8% +₹88.1m | 85.6% | PE86.9x |