Sirca Paints India Ltd

Sirca Paints India Ltd has confirmed that there is no deviation or variation in the utilization of funds raised through its Preferential Issue from the stated objects. The company submitted a statement for the quarter ended June 30, 2026, confirming adherence to the original plan. The funds were raised on September 11, 2025, amounting to ₹75,29,28,000. The utilization report indicates that funds have been allocated towards new capex for manufacturing facilities, extension of distribution channels, brand promotion, and working capital, with no deviations reported for any of these segments during the quarter.

Sirca Paints India Ltd announced that its Board of Directors, in a meeting held on July 28, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by M/s Rajesh Kukreja & Associates, Chartered Accountants, who provided a limited review report. The company submitted these results along with the auditor's report as per SEBI regulations.

Sirca Paints posted Q1 FY27 (quarter ended June 30, 2026) revenue from operations of ₹130.01 Cr, up 13.80% YoY but down 3.19% sequentially from Q4 FY26's ₹134.29 Cr. PAT came in at ₹16.21 Cr, up 14.09% YoY (PBT +15.36% YoY to ₹22.14 Cr) but down 8.35% QoQ; EPS was ₹2.85 versus ₹2.59 a year ago and ₹3.17/₹3.16 (standalone/consolidated) last quarter. Standalone and consolidated numbers are identical this quarter, meaning subsidiary Sirca Industries added nothing incremental, and neither period carries exceptional items. Operating margin came in at approximately 18.6% of revenue, down from 19.74% a year ago and 19.14% last quarter — a YoY and QoQ compression that sits below management's own 19-21% FY27 EBITDA-margin guidance. Net margin was roughly flat YoY at 12.47% (vs 12.41%) but down from 13.05% sequentially. Public reporting attributes the squeeze to elevated raw-material costs and channel discounting, only partly offset by the price hikes management had flagged on the last call. On the two comparison benchmarks: revenue came in roughly 12% below analyst estimates (Simply Wall St), a clear miss on the Street; and against management's own Q4 FY26 guidance of 25-30% FY27 revenue growth with margins held in the 19-21% band, this quarter's 13.8% YoY growth and sub-19% margin both fall short — an early-quarter miss on the FY27 growth plan that leaned on Wembley's national rollout and West/South India distribution expansion, neither of which shows up yet in the Q1 numbers. No fresh press-release commentary from management accompanied this filing beyond the standard board-outcome intimation. Separately and administratively, the board fixed July 31 as the record date for a ₹2 final FY26 dividend, filed the FY26 annual report/BRSR, and confirmed no deviation in preferential-issue fund utilisation — none of these bear on the quarter's operating numbers. The quarter sets up FY27 as needing a sharp back-half acceleration: growth would have to roughly double from Q1's pace, and margins recover from ~18.6% back into the guided band, for the 25-30% revenue and 19-21% margin targets to hold for the full year.

Sirca Paints India Ltd has announced that its Board of Directors will convene on July 28, 2026, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. This meeting is scheduled as the 3rd board meeting for the fiscal year 2026-27. The company also confirmed the re-opening of its trading window 48 hours after the conclusion of the board meeting, having been closed since July 1, 2026. The information will be available on the company's website as per SEBI regulations.

Sirca Paints India Ltd has filed its Annual Report for the Financial Year 2025-26, along with the Notice of its Twenty-first Annual General Meeting (AGM). The AGM is scheduled for Tuesday, August 11, 2026, at 12:30 PM IST, to be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The report and notice have been uploaded to the company's website. Key details for e-voting include a cut-off date of August 4, 2026, and the voting period from August 6 to August 10, 2026. The report contains sections on Corporate Overview, Statutory Reports, and Financial Statements, including standalone and consolidated financial data.

Sirca Paints India Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI regulations. The report is an integral part of the company's Integrated Annual Report and is also available on their website. The company, a leader in the Indian wood coatings industry, derives 76.58% of its turnover from manufacturing paints and 23.42% from import and trading of paints. Sirca is expanding its domestic manufacturing capabilities across East, West, and South India. The report details operations across 4 national plants and 19 offices, serving 13 states nationally and 1 country internationally. The company primarily caters to retail customers (approx. 70% of revenue) through over 4000 dealers and OEMs with around 900+ clients.

Sirca Paints India Ltd has announced its 21st Annual General Meeting (AGM) will be held on Tuesday, August 11, 2026, at 12:30 PM IST. The meeting will be conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The company has also released its Annual Report for the Financial Year 2025-26, which includes the AGM notice. Key dates for e-voting are August 6-10, 2026, with a cut-off date of August 4, 2026, and a record date of August 31, 2026. The Annual Report covers corporate overview, statutory reports, and financial statements for FY 2025-26.

Sirca Paints India Ltd has announced July 31, 2026, as the record date for its final dividend. The company's board has recommended a final dividend of ₹2 per equity share (20%) on a face value of ₹10 per share for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the Annual General Meeting scheduled for August 11, 2026. The dividend payment will be processed within 30 days of the AGM. The intimation and related documents are available on the company's website.

Sirca Paints India Limited held a board meeting on July 17, 2026, which commenced at 4:00 PM and concluded at 4:30 PM. The board approved the Annual Report for the financial year ended March 31, 2026. Additionally, the Company Secretary & Compliance Officer was authorized to convene the 21st Annual General Meeting (AGM) on August 11, 2026, at 12:30 PM via Video Conferencing/Other Audio-Visual Means. Information regarding the board meeting outcome will be available on the company's website.

Sirca Paints India Ltd has announced the closure of its trading window from July 1, 2026, to facilitate the consideration and approval of its unaudited financial results for the quarter ending June 30, 2026. The window will reopen 48 hours after the results are declared. This measure, in line with SEBI regulations and the company's code of conduct, restricts trading in the company's securities by designated persons, including directors, promoters, employees, and their immediate relatives, as well as associated external parties.