Sirca Paints Posts Higher Revenue and Profit in Q2 FY26
Paint

Sirca Paints Posts Higher Revenue and Profit in Q2 FY26

Sirca Paints India, a leading manufacturer of premium wood coatings, announced its unaudited financial results for the quarter and half year ended 30 September 2025, reporting resilient growth supported by an improved product mix and sustained margin expansion.

During Q2 FY26, revenue rose 24.37 per cent year-on-year to Rs 1.31 billion, driven by strong demand in high-value product segments. EBITDA increased 44.52 per cent to Rs 270.40 million, supported by operational efficiencies and stronger margins, while PAT grew 36.30 per cent to Rs 180.10 million, reflecting disciplined cost management and enhanced profitability.

Key Financial Highlights (Q2 FY26):
  • Revenue: Rs 1.31 billion, up 24.38 per cent YoY and 14.82 per cent QoQ
  • EBITDA: Rs 270.40 million, up 44.51 per cent YoY and 21.45 per cent QoQ
  • EBITDA Margin: 20.89 per cent, compared to 17.98 per cent in Q2 FY25
Sirca continued to strengthen its presence in high-potential categories such as acrylic-based and waterborne PU systems, focusing on innovation, sustainability, and superior performance to drive category leadership.

Sirca Paints India has extended its long-standing agreement with Sirca S.p.A., Italy, until 2041. The renewed partnership includes the transfer of technical expertise for local manufacturing of high-quality acrylic, UV, and polyester-based wood coatings. Under the agreement, Sirca India will pay a quarterly royalty of 0.75 per cent of turnover. This expansion enhances technological self-reliance, strengthens market competitiveness, and improves supply chain efficiency.

Commenting on the results, Sanjay Agarwal, Chairman & Managing Director, said, “Despite challenges posed by extended monsoons and an early festive season affecting short-term retail momentum, Sirca remained focused on product innovation and market expansion. Throughout the quarter, we reinforced our operational and market foundations to support sustainable, long-term growth.

We are pleased to introduce a new range of PU coatings under the ‘Wembley’ brand, launched through the ‘Valentino’ sub-brand, designed for the premium furniture and interior segment. The range is already gaining traction across our distributor base. Our emphasis on innovation—particularly in metallic and acrylic finishes—continues to strengthen our brand differentiation, and we remain deeply engaged with architects and interior designers to enhance professional recall and advocacy.”

Sirca Paints India, a leading manufacturer of premium wood coatings, announced its unaudited financial results for the quarter and half year ended 30 September 2025, reporting resilient growth supported by an improved product mix and sustained margin expansion.During Q2 FY26, revenue rose 24.37 per cent year-on-year to Rs 1.31 billion, driven by strong demand in high-value product segments. EBITDA increased 44.52 per cent to Rs 270.40 million, supported by operational efficiencies and stronger margins, while PAT grew 36.30 per cent to Rs 180.10 million, reflecting disciplined cost management and enhanced profitability.Key Financial Highlights (Q2 FY26):Revenue: Rs 1.31 billion, up 24.38 per cent YoY and 14.82 per cent QoQEBITDA: Rs 270.40 million, up 44.51 per cent YoY and 21.45 per cent QoQEBITDA Margin: 20.89 per cent, compared to 17.98 per cent in Q2 FY25Sirca continued to strengthen its presence in high-potential categories such as acrylic-based and waterborne PU systems, focusing on innovation, sustainability, and superior performance to drive category leadership.Sirca Paints India has extended its long-standing agreement with Sirca S.p.A., Italy, until 2041. The renewed partnership includes the transfer of technical expertise for local manufacturing of high-quality acrylic, UV, and polyester-based wood coatings. Under the agreement, Sirca India will pay a quarterly royalty of 0.75 per cent of turnover. This expansion enhances technological self-reliance, strengthens market competitiveness, and improves supply chain efficiency.Commenting on the results, Sanjay Agarwal, Chairman & Managing Director, said, “Despite challenges posed by extended monsoons and an early festive season affecting short-term retail momentum, Sirca remained focused on product innovation and market expansion. Throughout the quarter, we reinforced our operational and market foundations to support sustainable, long-term growth.We are pleased to introduce a new range of PU coatings under the ‘Wembley’ brand, launched through the ‘Valentino’ sub-brand, designed for the premium furniture and interior segment. The range is already gaining traction across our distributor base. Our emphasis on innovation—particularly in metallic and acrylic finishes—continues to strengthen our brand differentiation, and we remain deeply engaged with architects and interior designers to enhance professional recall and advocacy.”

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement