Latest news with #SircaPaints
Time of India
6 days ago
- Business
- Time of India
Sirca Paints' profit rises 39% to ₹14 crore in Q1 FY26
NEW DELHI: Wood coating products manufacturer Sirca Paints India has reported a 39.2 per cent increase in its consolidated net profit to Rs 14.20 crore for the first quarter ended June 30, supported by growth in margin and sales. It had reported a net profit of Rs 10.21 crore a year ago, according to a regulatory filing by Sirca Paints India on Saturday. Sirca Paints' revenue from operations surged 45.26 per cent to Rs 114.24 in the June quarter of FY26. It was Rs 78.64 crore in the corresponding quarter of the preceding fiscal. The total expenses of Sirca Paints jumped 44 per cent to Rs 95.26 crore in the June quarter. In the quarter, Sirca Paints' EBITDA margin improved to 19.74 per cent from 17.89 per cent in the year-ago period. Sirca Paints' total income, which includes other income, climbed 43 per cent in Q1 FY26 to Rs 114.44 crore. "In Q1 FY21, the company shifted its wall paint manufacturing unit to a new, bigger premises in response to higher than originally anticipated demand. Besides the existing facilities, post acquisition of Wembley paints, three more manufacturing units have been added," the company said in its earnings presentation. On the outlook, the company said it is "confident about its strategy and growth prospects" and aims to continue delivering a "steady value" to investors and customers.
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Business Standard
03-08-2025
- Business
- Business Standard
Sirca Paints Q1 results: Profit rises 39% to ₹14 cr, revenue jumps 45.2%
Wood coating products manufacturer Sirca Paints India has reported a 39.2 per cent increase in its consolidated net profit to Rs 14.20 crore for the first quarter ended June 30, supported by growth in margin and sales. It had reported a net profit of Rs 10.21 crore a year ago, according to a regulatory filing by Sirca Paints India on Saturday. Sirca Paints' revenue from operations surged 45.26 per cent to Rs 114.24 in the June quarter of FY26. It was Rs 78.64 crore in the corresponding quarter of the preceding fiscal. The total expenses of Sirca Paints jumped 44 per cent to Rs 95.26 crore in the June quarter. In the quarter, Sirca Paints' EBITDA margin improved to 19.74 per cent from 17.89 per cent in the year-ago period. Sirca Paints' total income, which includes other income, climbed 43 per cent in Q1 FY26 to Rs 114.44 crore. "In Q1 FY21, the company shifted its wall paint manufacturing unit to a new, bigger premises in response to higher than originally anticipated demand. Besides the existing facilities, post acquisition of Wembley paints, three more manufacturing units have been added," the company said in its earnings presentation. On the outlook, the company said it is "confident about its strategy and growth prospects" and aims to continue delivering a "steady value" to investors and customers.
Mint
07-07-2025
- Business
- Mint
Small-cap stock jumps over 7% on fundraising plans. Do you own?
Sirca Paints share price surged over 7% during Monday's trading session after the small-cap company revealed its plans to raise capital. In a filing to the exchange, the company announced that its board of directors will convene on Monday, July 14, to deliberate and approve the raising of funds through the issuance of securities, which may include equity shares or other eligible financial instruments, via one or more public and/or private offerings, including preferential allotments and/or qualified institutional placements. Sirca Paints share price today opened at an intraday low of ₹ 390 apiece on the BSE, the stock touched an intraday high of ₹ 408.95 apiece. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Sirca Paints share price witnessed a strong price and volume breakout in today's session, confirming a flag continuation pattern. Bhosale explained that the breakout is accompanied by a bullish gap, which can be identified as a breakaway gap. With this momentum, the uptrend is likely to continue, with the next key resistance seen around ₹ 425–430, while immediate support is placed at ₹ 380.
