Sirca Paints India Limited — Investor Meet, 27-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates
Sirca Paints saw robust H1 financials, with Revenue up 33% to ₹245 Cr, EBITDA up 51% to ₹49.9 Cr, and PAT up 37% to ₹32.3 Cr, indicating strong profitability growth. The company focuses on premium wood coatings, expanding its product range with Wembley for mass-market and Oikos for luxury textures. Strategic priorities include deeper distribution in West/South markets and integrating Wembley manufacturing units for improved efficiency, with new capacity expected this quarter. Management anticipates sustained high double-digit revenue growth and 19-21% EBITDA margins, fueled by market shifts to polyurethane coatings and increased local furniture manufacturing. The company aims for 10% market share of the total wood coating market by FY30, expressing a confident outlook.
