Sirca Paints India Posts Q1 FY27 Net Profit of ₹16.21 Crore on Operations Revenue of ₹130 Crore

Wood coatings and paints maker Sirca Paints India Limited has declared its unaudited financial results for the first quarter ended June 30, 2026. The New Delhi-headquartered company recorded a Net Profit After Tax (PAT) of ₹1,620.58 lakh (₹16.21 crore) for the quarter, registering a robust 14.07% Year-on-Year (YoY) growth compared to ₹1,420.63 lakh posted in the corresponding quarter of the previous fiscal year (Q1 FY26).

Revenue and Topline Performance

Sirca Paints India achieved Revenue from Operations of ₹13,000.53 lakh (₹130.01 crore) in Q1 FY27, representing a 13.80% YoY increase over ₹11,423.56 lakh recorded in Q1 FY26. Sequentially, top-line performance witnessed a slight seasonal moderation compared to ₹13,429.16 lakh delivered in Q4 FY26.

Including Other Income of ₹160.58 lakh (up from ₹21.31 lakh in Q1 FY26), Total Income for Q1 FY27 reached ₹13,161.10 lakh, compared to ₹11,444.87 lakh in Q1 FY26 and ₹13,550.95 lakh in Q4 FY26.

Expenditure and Profitability Drivers

Total expenditure for the first quarter was managed at ₹10,947.28 lakh, compared to ₹9,525.84 lakh in the same period last year and ₹11,248.06 lakh in the preceding quarter ended March 31, 2026.

Key cost components for the quarter included:

Cost of Materials Consumed: ₹5,870.00 lakh (vs ₹4,161.84 lakh in Q1 FY26).

Purchase of Stock-in-Trade: ₹860.33 lakh (vs ₹1,264.65 lakh in Q1 FY26).

Changes in Inventories: Increases in stock-in-trade inventories reflected a positive contribution of ₹353.86 lakh.

Employee Benefits Expenses: ₹1,478.18 lakh (vs ₹1,254.81 lakh in Q1 FY26).

Other Expenses: ₹2,017.18 lakh (vs ₹1,804.83 lakh in Q1 FY26).

Finance Costs: Reduced to ₹98.60 lakh, down from ₹128.25 lakh in Q1 FY26 and ₹99.77 lakh in Q4 FY26.

Depreciation & Amortisation: Stood at ₹269.14 lakh (vs ₹247.59 lakh in Q1 FY26).

Bottom-Line Growth and Per-Share Earnings

Profit Before Tax (PBT) expanded 15.36% YoY to ₹2,213.82 lakh in Q1 FY27, compared to ₹1,919.03 lakh in Q1 FY26. Total tax outgo for the quarter stood at ₹593.24 lakh, comprising ₹545.24 lakh towards current tax and ₹48.00 lakh in deferred tax.

Net Profit After Tax reached ₹1,620.58 lakh, translating to a Basic and Diluted Earnings Per Share (EPS) of ₹2.85 (face value of ₹10 per share), up from ₹2.59 per share in Q1 FY26.

The company's paid-up equity share capital remained steady at ₹5,679.28 lakh, while total equity base excluding share capital stood strong at ₹43,464.56 lakh as of June 30, 2026.

Shares of Sirca Paints India Limited was last trading in BSE at Rs. 407.85 as compared to the previous close of Rs. 402.85. The total number of shares traded during the day was 13638 in over 487 trades.

The stock hit an intraday high of Rs. 409.95 and intraday low of 399.10. The net turnover during the day was Rs. 5543333.00.

Source : Equity Bulls

Keywords

SircaPaintsIndia INE792Z01011 Q1FY27 Q1FY2027 ResultUpdate