Is SIRCA Paints India a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that SIRCA Paints India Ltd is a good quality company .

Is SIRCA Paints India undervalued or overvalued?

The key valuation ratios of SIRCA Paints India Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is SIRCA Paints India share price return in the past 10 years?

Data is not available for this company

Is SIRCA Paints India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of SIRCA Paints India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

SIRCA Paints India Ltd - Stock Valuation and Financial Performance

Name: SIRCA Paints India
Brand: SIRCA Paints India

BSE: 543686 | NSE: SIRCA | Trading | Small Cap

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SIRCA Paints India Share Price

₹322.20 -11.20 -3.36%
as on 21-Nov'24 16:59

10 Year X-Ray of SIRCA Paints India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	43.9%	40.2%	62.8%	53.8%	30.9%	19.4%	11.4%	17.3%	25.3%	24.1%	-
Value Creation Index ⓘ	2.1	1.9	3.5	2.8	1.2	0.4	-0.2	0.2	0.8	0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	65.3	70.6	82.5	89.2	116	135	143	200	268	312	339
Sales YoY Gr.	-	8.1%	17%	8.1%	30.2%	16.3%	6%	39.7%	33.9%	16.4%	-
Adj EPS ⓘ	1	1.8	3.6	4.9	4.5	4.4	2.9	5	8.4	9.2	8.5
YoY Gr.	-	82.7%	100.6%	37.1%	-7.7%	-2.4%	-34.5%	72.8%	67.9%	9.6%	-
BVPS (₹) ⓘ	3.6	5.5	9.3	16.8	30.6	33.7	36.8	41.1	48.5	56.3	59.1
Adj Net Profit ⓘ	3.6	6.6	13.3	19.8	24.9	24.3	15.9	27.5	46.1	50.5	47
Cash Flow from Ops. ⓘ	6.6	4.6	10.7	-1.3	12.3	-7.6	19.2	35.2	-18.7	32.4	-
Debt/CF from Ops. ⓘ	1.8	2.3	0.4	-3.8	0	-0	0.7	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	19%	21.8%	29.6%	16.4%
Adj EPS ⓘ	28.3%	15.2%	47%	9.6%
BVPSⓘ	35.9%	13%	15.3%	16.3%
Share Price	-	6.6%	-10.6%	-13.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	36.1	39.3	48.6	38.8	21.2	13.8	8.2	12.9	18.8	17.6	14.7
Op. Profit Mgn % ⓘ	8.7	13.7	24.5	29.7	27.6	23.3	9.1	19.4	23.6	22.1	18.6
Net Profit Mgn % ⓘ	5.6	9.4	16.1	22.2	21.4	18	11.1	13.7	17.2	16.2	13.7
Debt to Equity ⓘ	0.9	0.5	0.1	0.1	0	0	0.1	0	0	0	0
Working Cap Days ⓘ	95	108	140	200	225	268	322	249	239	264	137
Cash Conv. Cycle ⓘ	54	69	81	123	134	164	182	130	127	128	117

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.61%

Net Profit is growing at healthy rate in last 3 years 47.04%

Sales growth is good in last 4 quarters at 16.55%

Return on Equity has declined versus last 3 years average to 14.70%

Latest Financials - SIRCA Paints India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	8.5	8.5
TTM Sales (₹ Cr.)	339	339
BVPS (₹.) ⓘ	59.1	59.1
Reserves (₹ Cr.) ⓘ	269	269
P/BV ⓘ	5.64	5.64
PE ⓘ	39.28	39.28

From the Market
52 Week Low / High (₹)	283.50 / 443.90
All Time Low / High (₹)	283.50 / 443.90
Market Cap (₹ Cr.)	1,827
Equity (₹ Cr.)	54.8
Face Value (₹)	10
Industry PE ⓘ	69

Management X-Ray of SIRCA Paints India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of SIRCA Paints India

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of SIRCA Paints India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	65	71	83	89	116	135	143	200	268	312
Operating Expenses ⓘ	60	61	62	63	84	104	131	162	206	243
Manufacturing Costs	1	1	1	1	2	4	6	7	9	13
Material Costs	50	49	49	45	68	71	84	117	147	169
Employee Cost	2	2	3	5	8	13	15	18	23	30
Other Costs ⓘ	7	8	9	12	6	17	26	20	27	31
Operating Profit ⓘ	6	10	20	26	32	31	12	38	62	69
Operating Profit Margin (%)	8.6%	13.7%	24.5%	29.1%	27.4%	23.0%	8.6%	18.9%	23.1%	22.0%
Other Income ⓘ	5	2	2	4	6	6	14	4	5	6
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	0	1	0	1	1	2	4	4	4	6
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	9	11	22	30	37	34	23	38	62	69
Tax ⓘ	3	4	8	10	11	9	6	10	16	18
Profit After Tax	6	7	14	19	26	25	17	28	46	51
PAT Margin (%)	9.5%	10.3%	16.6%	21.7%	22.3%	18.6%	11.6%	13.9%	17.2%	16.5%
Adjusted EPS (₹)	1.7	2.0	3.7	4.8	4.7	4.6	3.0	5.1	8.4	9.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	7%	16%	25%	20%	9%	16%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	13	20	34	68	168	185	202	225	266	309
Share Capital ⓘ	0	0	0	13	18	27	27	27	27	55
Reserves ⓘ	13	20	34	54	150	157	174	198	238	254
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	12	11	4	5	0	0	13	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	11	10	4	5	0	0	13	0	0	0
Trade Payables	3	6	9	7	17	20	35	31	37	33
Others Liabilities ⓘ	5	8	14	15	14	13	10	15	25	27
Total Liabilities ⓘ	33	45	61	94	199	218	260	271	328	369
Fixed Assets
Gross Block	2	2	9	23	29	59	49	64	70	79
Accumulated Depreciation	0	0	2	3	4	6	8	11	15	20
Net Fixed Assetsⓘ	2	2	7	20	25	53	41	53	54	58
CWIP ⓘ	0	0	1	0	9	0	2	1	5	6
Investmentsⓘ	2	3	2	0	0	0	0	0	0	0
Inventories	4	6	10	15	27	51	65	70	100	95
Trade Receivables	11	16	24	34	40	46	43	46	51	66
Cash Equivalents	13	15	13	15	82	50	79	83	52	70
Others Assetsⓘ	2	3	4	11	17	18	30	19	64	74
Total Assets ⓘ	33	45	61	94	199	218	260	271	328	369

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	7	5	11	-1	12	-8	19	35	-19	32
PBT ⓘ	9	11	22	30	37	34	23	38	62	69
Adjustment ⓘ	1	1	0	-13	-3	-1	1	2	1	1
Changes in Working Capital ⓘ	-2	-3	-11	-18	-10	-29	1	6	-63	-25
Tax Paid ⓘ	-2	-5	0	0	-12	-12	-6	-11	-19	-13
Cash Flow From Investing Activity ⓘ	0	-1	-5	-13	-71	5	15	-11	9	-12
Capex	0	-1	-5	-13	-15	-22	7	-16	-10	-10
Net Investments	0	-1	0	0	-57	20	5	3	16	-6
Others ⓘ	0	0	0	0	1	6	3	2	3	5
Cash Flow From Financing Activityⓘ	-1	-1	-7	16	68	-8	0	-17	-6	-8
Net Proceeds from Shares ⓘ	0	0	0	14	73	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	0	0	0	-5	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	-8	0	-4	-5	-8
Others ⓘ	0	-1	-7	1	0	0	0	-13	0	0
Net Cash Flow ⓘ	6	2	-2	1	9	-11	34	7	-15	12

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	61.39	43.34	50.24	38.16	22.01	14.27	8.6	12.99	18.79	17.91
ROCE (%)	43.9	40.21	62.77	53.82	30.85	19.44	11.4	17.3	25.33	24.06
Asset Turnover Ratio	2.09	1.8	1.55	1.15	0.79	0.65	0.6	0.75	0.89	0.9
PAT to CFO Conversion(x)	1.17	0.71	0.79	-0.05	0.46	-0.32	1.12	1.25	-0.41	0.63
Working Capital Days
Receivable Days	64	70	88	118	115	115	113	81	66	68
Inventory Days	24	25	36	51	65	106	148	123	116	115
Payable Days	38	33	57	66	65	96	120	103	84	75

SIRCA Paints India Ltd Stock News

SIRCA Paints India Ltd FAQs

What is the share price of SIRCA Paints India?

Company share prices are keep on changing according to the market conditions. The closing price of SIRCA Paints India on 21-Nov-2024 16:59 is ₹322.2.

What is the market cap of SIRCA Paints India?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of SIRCA Paints India stood at ₹1,827.3.