Sirca Paints India Ltd (NSE:SIRCA)
₹ 426.9 -6.5 (-1.5%) Market Cap: 24.32 Bil Enterprise Value: 23.68 Bil PE Ratio: 35.87 PB Ratio: 5.12 GF Score: 89/100

Q4 2026 Sirca Paints India Ltd Earnings Call Transcript

May 15, 2026 / 10:30 AM GMT
Release Date Price: ₹436.3 (+1.52%)

Key Points

Positve
  • Revenue from operations increased by 33.07% year-over-year, reaching 134.29 crores in Q4 FY26.
  • EBITDA for Q4 FY26 grew by 35.6% year-over-year, with a margin improvement to 19.17%.
  • Profit after tax rose by 25.07% year-over-year, indicating strong bottom-line growth.
  • The new Wembley manufacturing facility is fully operational, enhancing efficiency and cost economics.
  • Sirca Paints India Ltd (NSE:SIRCA) is expanding its distribution network across tier two and tier three cities, which is expected to drive future growth.
Negative
  • The company is experiencing short-term margin pressure due to volatile raw material prices linked to crude oil.
  • Export revenues are currently negligible, with only 9 crores reported last year.
  • The Wembley brand showed no significant growth in the past year due to transition challenges and raw material shortages.
  • Working capital requirements have increased due to the acquisition of Wellcome and Wembley brands.
  • The company faces logistical challenges in exporting to the Middle East due to the current geopolitical situation.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SICR.NS - Sirca Paints India Ltd
Q4 2026 Sirca Paints India Ltd Earnings Call
May 15, 2026 / 10:30AM GMT

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Presentation
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Unidentified_1 [1]
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Hello and good evening everyone and thank you for joining us today for Circa Pints India Limited Q4 FY26 results call. I am Drishti from FinPortal Investor Relations team and it's my pleasure to welcome you all. We are joined today by senior members of the management team including Mr. Sanjay Agrawal, Chairman and MD, Mr. Apoorva Agrawal, Joint Managing Director, Mr. Hira Kumar, Company Secretary and Ms. Shalu Arora, CFO.

Let me now hand it over to CFO Ms. Shalu Arora to take you through the financial highlights. Over to you, ma'am.

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Unidentified_2 [2]
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