Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 6/6 |
Past Performance | 5/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
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 |
Beta | 0.35 |
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...
Shareholder Returns
SIRCA | IN Retail Distributors | IN Market | |
---|---|---|---|
7D | 4.0% | 0.4% | 2.3% |
1Y | 35.5% | 21.2% | -0.9% |
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.
Price Volatility
SIRCA volatility | |
---|---|
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
Founded | Employees | CEO | Website |
---|---|---|---|
2006 | 394 | Sanjay Agarwal | https://www.sircapaints.com |
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 | |
---|---|
Market Cap | ₹12.03b |
Earnings (TTM) | ₹277.23m |
Revenue (TTM) | ₹2.04b |
43.4x
P/E Ratio5.9x
P/S RatioIs SIRCA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
SIRCA income statement (TTM) | |
---|---|
Revenue | ₹2.04b |
Cost of Revenue | ₹1.17b |
Gross Profit | ₹871.11m |
Other Expenses | ₹593.87m |
Earnings | ₹277.23m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 10.12 |
Gross Margin | 42.61% |
Net Profit Margin | 13.56% |
Debt/Equity Ratio | 0.0% |
How did SIRCA perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield20%
Payout RatioValuation
Is SIRCA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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
PEG Ratio
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? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | ₹12.03b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 5.5x |
Enterprise Value/EBITDA | 26.6x |
PEG Ratio | 1.1x |
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 |
---|---|---|---|
Peer Average | 554.6x |
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.
Fair Ratio | |
---|---|
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)
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Future Growth
How is Sirca Paints India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
6/6Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
38.3%
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%)
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Past Performance
How has Sirca Paints India performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
6.9%
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
Financial Health
How is Sirca Paints India's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
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.
Balance Sheet
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Dividend
What is Sirca Paints India current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.46%
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.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average board tenure
CEO
Sanjay Agarwal (61 yo)
no data
Tenure
₹8,755,000
Compensation
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.
Board Members
Experienced Board: SIRCA's board of directors are considered experienced (4.1 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sirca Paints India Limited's employee growth, exchange listings and data sources
Key Information
- 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
Location
- Sirca Paints India Limited
- Plot No 50, Badli Industrial Area
- Phase -2
- Delhi
- Delhi
- 110042
- India
Listings
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 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
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.