Sirca Paints FY26 net profit rises 32.5% to ₹650.53 crore
Sirca Paints India Ltd reported a 32.5% increase in net profit for the year ended March 31, 2026, reaching ₹650.53 crore, while revenue from operations grew 31.8% to ₹4,924.84 crore. The board has recommended a final dividend of ₹2 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. M/s Rajesh Kukreja & Associates, Statutory Auditors, issued an unmodified opinion on the audited financial results.

*this image is generated using AI for illustrative purposes only.
Sirca Paints India Ltd reported a 32.5% rise in net profit for the financial year ended March 31, 2026, to ₹650.53 crore, compared to ₹491.04 crore in the previous year, driven by a 31.8% increase in revenue from operations to ₹4,924.84 crore. The board of directors, at its meeting held on May 07, 2026, approved the audited standalone and consolidated financial results for FY26 and recommended a final dividend of ₹2 per equity share of face value ₹10 each, subject to shareholder approval at the ensuing 21st Annual General Meeting.
The company’s total income for the year stood at ₹4,963.50 crore, up from ₹3,788.42 crore in FY25. For the quarter ended March 31, 2026, revenue from operations was ₹1,342.92 crore, with a net profit of ₹177.13 crore. The statutory auditor, M/s Rajesh Kukreja & Associates, issued an audit report with an unmodified opinion on the annual audited financial results for both standalone and consolidated entities.
Financial Performance
The company’s profitability improved significantly during the year. The profit before tax for FY26 was ₹871.17 crore, compared to ₹654.81 crore in the previous year. Total expenses for the year increased to ₹4,092.33 crore from ₹3,133.62 crore, primarily due to higher costs of materials consumed and employee benefit expenses. The finance costs for the year rose to ₹48.95 crore from ₹17.41 crore in the prior year.
| Metric | FY26 (₹ in Lakh) | FY25 (₹ in Lakh) | Change |
|---|---|---|---|
| Revenue from Operations | 49,248.41 | 37,367.93 | 31.8% |
| Total Income | 49,635.03 | 37,884.24 | 31.0% |
| Total Expenses | 40,923.35 | 31,336.19 | 30.6% |
| Profit Before Tax | 8,711.68 | 6,548.05 | 33.0% |
| Net Profit | 6,505.33 | 4,910.41 | 32.5% |
Dividend Declaration
The board has recommended a final dividend of 20%, or ₹2 per equity share, for the financial year 2025-26. This dividend is subject to the approval of shareholders at the company’s 21st Annual General Meeting. The record date to determine eligibility and the date of payment will be intimated separately.
Consolidated Results
On a consolidated basis, the company reported a net profit of ₹650.18 crore for FY26, up from ₹490.57 crore in the previous year. Total consolidated income for the year was ₹4,963.50 crore, compared to ₹3,788.42 crore in FY25. The consolidated results include the performance of Sirca Industries Ltd, a wholly-owned subsidiary. The auditor’s report on the consolidated financial results also carried an unmodified opinion.
Historical Stock Returns for Sirca Paints
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.71% | -1.64% | -2.93% | -15.54% | +7.26% | +153.14% |
How will the company manage the sharp rise in finance costs in the upcoming fiscal year?
What strategies are in place to control material costs as expenses continue to climb?
Will the strong revenue growth be sustained into FY27 given the current market demand?
































