Sirca Paints India Limited (NSE:SIRCA)

Sirca Paints India Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	4,594	3,740	3,117	2,677	2,000	1,432
Revenue	4,594	3,740	3,117	2,677	2,000	1,432
Revenue Growth (YoY)	29.23%	19.98%	16.42%	33.86%	39.70%	5.79%
Cost of Revenue	2,458	2,013	1,701	1,483	1,180	850.84
Gross Profit	2,136	1,727	1,416	1,194	820.12	580.99
Selling, General & Admin	693.56	631.57	475.4	327.56	245.15	198.56
Other Operating Expenses	516.81	416.32	252.95	234.8	186.72	145.82
Operating Expenses	1,306	1,117	787.9	606.46	473.14	380.96
Operating Income	829.75	609.3	628.55	587.83	346.98	200.03
Interest Expense	-40.3	-1.52	-0.09	-0.19	-0.36	-0.86
Interest & Investment Income	33.01	33.01	46.63	33.16	24.49	26.65
Currency Exchange Gain (Loss)	11.2	11.2	11.35	-0.11	8.54	7.69
Other Non Operating Income (Expenses)	-10.45	4.71	2.36	0.42	4.37	95.65
EBT Excluding Unusual Items	823.23	656.71	688.8	621.11	384.01	329.15
Gain (Loss) on Sale of Assets	-1.95	-1.95	1.81	0.12	-4.52	2.34
Other Unusual Items	-	-	-	-0.18	-	-105.95
Pretax Income	821.28	654.76	690.61	621.04	379.49	225.55
Income Tax Expense	206.83	164.19	176.27	159.97	102.26	59.72
Net Income	614.45	490.57	514.34	461.07	277.23	165.82
Net Income to Common	614.45	490.57	514.34	461.07	277.23	165.82
Net Income Growth	29.47%	-4.62%	11.55%	66.31%	67.19%	-34.09%
Shares Outstanding (Basic)	56	55	55	55	55	55
Shares Outstanding (Diluted)	56	55	55	55	55	55
Shares Change (YoY)	1.58%	-	-	-	-	0.00%
EPS (Basic)	11.04	8.95	9.38	8.41	5.06	3.03
EPS (Diluted)	11.04	8.95	9.38	8.41	5.06	3.02
EPS Growth	27.51%	-4.58%	11.53%	66.27%	67.21%	-34.10%
Free Cash Flow	-	-526.68	295.22	-287.79	130.15	150.87
Free Cash Flow Per Share	-	-9.61	5.39	-5.25	2.38	2.75
Dividend Per Share	-	1.500	1.500	1.500	1.000	0.750
Dividend Growth	-	-	-	50.00%	33.33%	-
Gross Margin	46.49%	46.17%	45.44%	44.60%	41.00%	40.58%
Operating Margin	18.06%	16.29%	20.16%	21.95%	17.35%	13.97%
Profit Margin	13.37%	13.12%	16.50%	17.22%	13.86%	11.58%
Free Cash Flow Margin	-	-14.08%	9.47%	-10.75%	6.51%	10.54%
EBITDA	904.05	676.65	686.63	631.64	387.98	236.39
EBITDA Margin	19.68%	18.09%	22.03%	23.59%	19.40%	16.51%
D&A For EBITDA	74.3	67.35	58.08	43.81	41	36.36
EBIT	829.75	609.3	628.55	587.83	346.98	200.03
EBIT Margin	18.06%	16.29%	20.16%	21.95%	17.35%	13.97%
Effective Tax Rate	25.18%	25.08%	25.52%	25.76%	26.95%	26.48%
Revenue as Reported	4,631	3,792	3,181	2,726	2,044	1,573
Advertising Expenses	-	163	124.56	59.96	35.4	22.03

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.