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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Sirca Paints India Limited provides wood coating products. The Company is engaged in the manufacturing and sales of wood coatings and other decorative paints, under its owned licensed brands, such as Sirca, Unico, San Marco and Durante Vivan. The Company operates through the…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, reasonably priced.
Sirca Paint India is scored on the general / industrial framework. It keeps a healthy 13.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.68×) — worth a closer look. Free cash flow is worth about -1.1% of its market value.
Over the last 3 years revenue compounded at 22%/yr and profit at 12%/yr. Book value itself has compounded 21%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.7%. In the latest quarter profit fell 8% versus the prior quarter.
At 35× earnings, the stock sits at the 24th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 34.47 | — | — |
| P/B | 4.86 | 3.37 | worse |
| EV/EBITDA | 21.84 | — | — |
| ROE | 13.68 | 25.07 | worse |
| ROCE | 17.7 | — | — |
| ROA | 11.38 | — | — |
| Quick Ratio | 3.72 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Asian Paints | 49.7 | 11.2 | 22.3% |
| Berger Paints | 45.4 | 7.9 | 17.3% |
| Kansai Nerolac Paints | 26.5 | 2.3 | 8.9% |
Revenue has grown every year across all 4 financial years shown. 22% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (22% vs 12%) — costs are rising faster than the top line. The latest year saw a +33% swing — check if it's a one-off or structural.
Operating margin has compressed from 23% to 18% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 14% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
11% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 8% above earlier ones.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 65.2% — heavily owner-operated with strong skin in the game. FIIs trimmed 2.3pp — foreign money is rotating out. MF holding up 3.7pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.