Sirca Paints India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Sirca Paints India Ltd reported a 2.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 15.0%.
• Its expenses for the quarter were down by 2.7% QoQ and up 14.9% YoY.
• The net profit decreased 8.3% QoQ and increased 14.2% YoY.
• The earnings per share (EPS) of Sirca Paints India Ltd stood at 2.85 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 known for its offerings in the paint and coatings industry. The company is engaged primarily in the manufacturing and distribution of paints and coatings, predominantly focusing on wood coatings, which are a significant part of their product portfolio. Sirca Paints India Ltd caters to both industrial and consumer markets, providing a range of products for various applications. The company operates within a competitive industry landscape characterized by innovation, branding, and extensive distribution networks. As of the current period, no specific recent major developments have been publicly noted for Sirca Paints India Ltd.

Revenue

During the first quarter of fiscal year 2027 (Q1FY27), Sirca Paints India Ltd reported a total income of ₹131.61 crores. This marks a decrease of 2.9% compared to the previous quarter (Q4FY26), where the total income was ₹135.51 crores. However, when comparing year-over-year (YoY), there is a notable increase of 15.0% from the first quarter of the previous fiscal year (Q1FY26), which recorded a total income of ₹114.45 crores. These figures illustrate the company's revenue trajectory over the specified periods.

Profitability

In terms of profitability, Sirca Paints India Ltd's profit before tax (PBT) for Q1FY27 stood at ₹22.14 crores, reflecting a quarter-over-quarter (QoQ) decline of 3.7% from ₹22.99 crores in Q4FY26. On a year-over-year (YoY) basis, PBT increased by 15.4% from ₹19.19 crores in Q1FY26. The profit after tax (PAT) for Q1FY27 was ₹16.21 crores, down by 8.3% compared to ₹17.68 crores in Q4FY26, but up by 14.2% from ₹14.20 crores in Q1FY26. The company's tax expense for Q1FY27 was ₹5.93 crores, experiencing an increase of 11.7% QoQ and 19.1% YoY. Earnings per share (EPS) for Q1FY27 was ₹2.85, a decline of 9.8% QoQ from ₹3.16 and an increase of 10.0% YoY from ₹2.59.

Operating Metrics

Analyzing the operating metrics, the total expenses for Q1FY27 were ₹109.48 crores, which is a reduction of 2.7% from the previous quarter's ₹112.52 crores. Compared to Q1FY26, this reflects an increase of 14.9% from ₹95.26 crores. These expense figures provide insight into the company's cost management over the periods. Notably, the quarter-over-quarter declines in total income and profit metrics, coupled with the increase in expenses from the previous year, contribute to the overall financial performance of the company during the quarter.