SIRCA Stock Overview
Sirca Paints India Limited engages in the import and distribution of wood, metal, and glass coatings in India.
Sirca Paints India Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹439.15|
|52 Week High||₹625.00|
|52 Week Low||₹283.00|
|1 Month Change||-2.03%|
|3 Month Change||-4.34%|
|1 Year Change||35.50%|
|3 Year Change||122.54%|
|5 Year Change||n/a|
|Change since IPO||299.71%|
Recent News & Updates
Sirca Paints India (NSE:SIRCA) Could Be Struggling To Allocate Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
|SIRCA||IN Retail Distributors||IN Market|
Return vs Industry: SIRCA exceeded the Indian Retail Distributors industry which returned 21.2% over the past year.
Return vs Market: SIRCA exceeded the Indian Market which returned -0.9% over the past year.
|SIRCA Average Weekly Movement||5.1%|
|Retail Distributors Industry Average Movement||7.7%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.9%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: SIRCA is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SIRCA's weekly volatility (5%) has been stable over the past year.
About the Company
Sirca Paints India Limited engages in the import and distribution of wood, metal, and glass coatings in India. The company provides wood coatings including wood stains, polyurethane polishes, polyester products, acrylic finishes, UV products, wood fillers, wood care products, handmade effects, special effects, and additives; bicomponent water-borne and solvent-borne pigmented topcoats; paints and coatings for metals used in corrosion protection and artistic applications; and nitrocellulose and melamine coatings and thinners. It also exports its products to Nepal, Bangladesh, and Sri Lanka.
Sirca Paints India Fundamentals Summary
|SIRCA fundamental statistics|
Is SIRCA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SIRCA income statement (TTM)|
|Cost of Revenue||₹1.17b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||10.12|
|Net Profit Margin||13.56%|
How did SIRCA perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is SIRCA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SIRCA?
Other financial metrics that can be useful for relative valuation.
|What is SIRCA's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SIRCA's PE Ratio compare to its peers?
|SIRCA PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: SIRCA is good value based on its Price-To-Earnings Ratio (43.4x) compared to the peer average (554.6x).
Price to Earnings Ratio vs Industry
How does SIRCA's PE Ratio compare vs other companies in the Indian Retail Distributors Industry?
Price-To-Earnings vs Industry: SIRCA is good value based on its Price-To-Earnings Ratio (43.4x) compared to the Indian Retail Distributors industry average (45.9x)
Price to Earnings Ratio vs Fair Ratio
What is SIRCA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||43.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SIRCA's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SIRCA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SIRCA (₹439.15) is trading above our estimate of fair value (₹375.61)
Significantly Below Fair Value: SIRCA is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: SIRCA is poor value based on its PEG Ratio (1.1x)
Discover undervalued companies
How is Sirca Paints India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIRCA's forecast earnings growth (38.3% per year) is above the savings rate (6.7%).
Earnings vs Market: SIRCA's earnings (38.3% per year) are forecast to grow faster than the Indian market (17.4% per year).
High Growth Earnings: SIRCA's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SIRCA's revenue (31.7% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: SIRCA's revenue (31.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIRCA's Return on Equity is forecast to be high in 3 years time (20.9%)
Discover growth companies
How has Sirca Paints India performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIRCA has high quality earnings.
Growing Profit Margin: SIRCA's current net profit margins (13.6%) are higher than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: SIRCA's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: SIRCA's earnings growth over the past year (67.2%) exceeds its 5-year average (6.9% per year).
Earnings vs Industry: SIRCA earnings growth over the past year (67.2%) exceeded the Retail Distributors industry 20.3%.
Return on Equity
High ROE: SIRCA's Return on Equity (12.3%) is considered low.
Discover strong past performing companies
How is Sirca Paints India's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SIRCA's short term assets (₹2.0B) exceed its short term liabilities (₹371.7M).
Long Term Liabilities: SIRCA's short term assets (₹2.0B) exceed its long term liabilities (₹540.0K).
Debt to Equity History and Analysis
Debt Level: SIRCA is debt free.
Reducing Debt: SIRCA has no debt compared to 5 years ago when its debt to equity ratio was 11.3%.
Debt Coverage: SIRCA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SIRCA has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is Sirca Paints India current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIRCA's dividend (0.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: SIRCA's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SIRCA has been paying a dividend for less than 10 years.
Growing Dividend: SIRCA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.8%), SIRCA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.1%), SIRCA's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sanjay Agarwal (61 yo)
Mr. Sanjay Agarwal Co-Founded Sirca Paints India Pvt Ltd. and serves as its Chairman cum Managing Director. Mr. Agarwal served as Chief Managing Director.Mr. Agarwal has been working in the Paints & Coati...
CEO Compensation Analysis
Compensation vs Market: Sanjay's total compensation ($USD111.86K) is below average for companies of similar size in the Indian market ($USD197.28K).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
Experienced Board: SIRCA's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sirca Paints India Limited's employee growth, exchange listings and data sources
- Name: Sirca Paints India Limited
- Ticker: SIRCA
- Exchange: NSEI
- Founded: 2006
- Industry: Distributors
- Sector: Retail
- Implied Market Cap: ₹12.035b
- Shares outstanding: 27.40m
- Website: https://www.sircapaints.com
Number of Employees
- Sirca Paints India Limited
- Plot No 50, Badli Industrial Area
- Phase -2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.