Sirca Paints India (NSE:SIRCA) ROCE %: 18.65% (As of Mar. 2026)


NSE:SIRCA Sirca Paints India Ltd NSE:SIRCA
98 GF Score
Price ₹402.45
GF Value ₹566.25
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Sirca Paints India ROCE %?

Sirca Paints India NSE:SIRCA +0.29% 98 ROCE % is 18.65% as of Mar. 2026. GuruFocus rates NSE:SIRCA with a GF Score™ of 98/100 and a GF Value™ of ₹566.25 (Modestly Undervalued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Sirca Paints India's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.65%.

Sirca Paints India  (NSE:SIRCA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Sirca Paints India ROCE % Related Terms

Sirca Paints India ROCE % Historical Data

* Premium members only.

The historical data trend for Sirca Paints India's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sirca Paints India ROCE % Chart

Sirca Paints India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.79 25.29 24.01 18.71 20.28

Sirca Paints India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.56 20.69 20.91 17.56 18.65
NSE:SIRCA
98GF Score
Sirca Paints India Ltd NSE:SIRCA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sirca Paints India ROCE % Calculation

Sirca Paints India's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=919.647/( ( (4506.194 - 583.252) + (5889.344 - 743.677) )/ 2 )
=919.647/( (3922.942+5145.667)/ 2 )
=919.647/4534.3045
=20.28 %

Sirca Paints India's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=959.492/( ( (0 - 0) + (5889.344 - 743.677) )/ 1 )
=959.492/( ( 0 + 5145.667 )/ 1 )
=959.492/5145.667
=18.65 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 18.65% mean?
Sirca Paints India (NSE:SIRCA) has a ROCE % of 18.65% as of Mar. 2026.
Is Sirca Paints India's ROCE % too high?
Sirca Paints India's current ROCE % is 18.65%. The Chemicals industry median ROCE % is 6.42. Sirca Paints India's value of 18.65% is 190.5% above this industry median. Overall, Sirca Paints India has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sirca Paints India's ROCE % compare to LIN and SHW?
Sirca Paints India's ROCE % of 18.65% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Sirca Paints India's value of 18.65% is 190.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sirca Paints India's current ROCE % of 18.65% is 190.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirca Paints India's current ROCE % is 18.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirca Paints India stock overvalued right now?
Based on GuruFocus' analysis, Sirca Paints India (NSE:SIRCA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹566.25, compared to a current price of ₹402.45 — trading 28.9% below its estimated fair value. The current ROCE % is 18.65% and 190.5% above the Chemicals industry median of 6.42. Sirca Paints India's overall GF Score™ is 98/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Sirca Paints India (NSE:SIRCA), the current ROCE % is 18.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sirca Paints India (NSE:SIRCA) Overvalued in 2026?

Based on GuruFocus' analysis, Sirca Paints India stock appears to be undervalued. The current stock price of ₹402.45 is trading 28.9% below its estimated GF Value™ of ₹566.25. GuruFocus considers Sirca Paints India to be Modestly Undervalued.

Key valuation signals for NSE:SIRCA:

  • ROCE %: 18.65%
  • GF Value™: ₹566.25 vs. price of ₹402.45 (28.9% below fair value)
  • GF Score™: 98/100 with 1 warning sign
  • Industry Position: 190.5% above the Chemicals median

No single metric tells the full story. See the NSE:SIRCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sirca Paints India Business Description

Other Exchanges 543686:India
Address G-82, Kirti Nagar, New Delhi, IND, 110015
Sirca Paints India Ltd is mainly engaged in the business of importing and distributing wood, glass, and metal coatings in India. The company has also started its production of wall paints, melamine products, N.C products, and economical P.U. products in technical collaboration with Sirca S.P.A., Italy. Its product range includes all PU products, stains, special effects, acrylic PU, polyester, wall paints, UV products, etc., which are sold under brands like Wembley, Oikos, Unico, and Sirca. The company currently operates in only one reportable business segment, Wood Coating Products.
98GF Score

Get the complete analysis for NSE:SIRCA

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹402.45
Price
₹566.25
GF Value