StockWatch
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Filing
Q2

Sirca Paints India Ltd

SIRCAFY2610 Nov 2025
Revenue+14.8%
Net Profit+27.4%
OPM20.89%

P&L

Quarterly Consolidated

Revenue
+14.8%131.17
Expenditure
+13.1%107.75
Net Profit
+27.4%18.10
NPM 13.69%+10.3%EPS ₹3.24+25.1%

vs Q1 FY26

Sirca Paints India Announces Q2FY26 Results: 24.37% Revenue Growth, 44.52% EBITDA Growth

10 Nov 2025 · 10 Nov 2025, 04:42 pm

Summary

Sirca Paints India Limited, a leading manufacturer of wood coatings in India, has announced its un-audited Financial Results for the second quarter and half year ended September 30th, 2025. The company reported a 24.37% growth in revenue, a 44.52% growth in EBITDA, and a 36.30% growth in Profit After Tax (PAT).

Key Highlights

  1. 1

    Revenue for the current quarter stood at INR 131.17 crore, reflecting a growth of 24.37%

  2. 2

    EBITDA for the quarter rose to INR 27.40 crore, registering a growth of 44.52%

  3. 3

    Profit After Tax (PAT) increased to INR 18.10 crore, a growth of 36.30%

  4. 4

    Sirca is integrating the three manufacturing units of the Wembley brand into a single consolidated production facility

  5. 5

    Sirca continues to strengthen its position in high-potential segments such as acrylic-based and waterborne PU systems

  6. 6

    The Company has extended its agreement with Sirca S.p.A., Italy, until 2041

Management Comments

M

Mr. Sanjay Agarwal

During the second quarter of FY26, Sirca Paints India Limited remained focused on strategic product innovation and market expansion despite a challenging environment... We are pleased to share that Sirca introduced a new range of PU coatings under the ‘Wembley’ brand... Our focus on innovation in metallic and acrylic finishes remains integral to our brand differentiation... Encouragingly, early signs of demand recovery are visible... We also continued to strengthen our brand presence through participation in ARTH Dubai... At the same time, we are expanding our geographic footprint across Western and Southern India... We expect stronger momentum in PU coating demand in the coming quarters.

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