Sirca Paints India Reports Robust Q2 Growth with 39% Jump in Net Profit

Sirca Paints India Limited has reported a strong financial performance for the second quarter, with significant growth across key metrics.

Financial Highlights

The company's financial results for Q2 showcase impressive year-over-year growth:

Metric	Q2 FY2025-26	Q2 FY2024-25	YoY Growth
Revenue	₹1,311.71	₹1,054.64	24.38%
EBITDA	₹274.00	₹190.00	44.21%
EBITDA Margin	20.90%	17.98%	292 bps
Net Profit	₹181.00	₹130.00	39.23%

Revenue Growth and Market Performance

Sirca Paints India has demonstrated robust revenue growth, with total income rising to ₹1,311.71 crore, compared to ₹1,054.64 crore in the same quarter of the previous year, marking a 24.38% increase. This growth indicates strong market demand for the company's wood and wall paint products.

Profitability and Operational Efficiency

The company's profitability showed significant improvement:

Net profit surged by 39.23% to ₹181.00 crore, up from ₹130.00 crore in the previous year's corresponding quarter.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased by 44.21% to ₹274.00 crore.
EBITDA margin expanded by 292 basis points to 20.90%, reflecting enhanced operational efficiency.

Conclusion

Sirca Paints India's Q2 results demonstrate the company's ability to drive growth and improve profitability in a competitive market. The significant increases in revenue, EBITDA, and net profit, along with margin expansion, indicate strong operational performance in the Indian paint industry.

Investors and market observers may view these results positively, as they reflect the company's robust financial health and growth trajectory.

Note: All figures are based on the standalone financial results provided by the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.51%	+1.94%	+3.38%	+93.92%	+53.15%	+322.85%

Sirca Paints India Limited , a prominent player in the Indian paints industry, has announced significant changes to its board committees and approved a substantial preferential share allotment. These developments, effective from September 11, 2025, mark important shifts in the company's governance structure and capital base.

Board Committee Reconstitution

The Board of Directors has approved the re-constitution of four key committees:

Audit Committee: Mr. Aman Arora takes over as Chairperson from Mr. Shyam Lal Goyal.
Nomination and Remuneration Committee: Mrs. Anu Chauhan retains her position as Chairperson.
Stakeholder Relationship Committee: Mr. Aman Arora replaces Mrs. Anu Chauhan as Chairperson.
Risk Management Committee: Mrs. Anu Chauhan continues as Chairperson.

These changes reflect a strategic realignment of leadership roles within the company's governance framework. Notably, Mr. Aman Arora has assumed key positions in multiple committees, indicating an expanded role in the company's oversight.

Committee Composition Changes

The reconstitution involves several membership adjustments across all committees:

Committee	Key Changes
Audit	Mr. Aman Arora (New Chairperson), Mr. Sanjay Kapoor (New Member)
Nomination and Remuneration	Mr. Aman Arora replaces Mr. Gurjit Singh Bains
Stakeholder Relationship	Mr. Aman Arora (New Chairperson), Mrs. Anu Chauhan moves to member role
Risk Management	Mr. Aman Arora replaces Mr. Apoorv Agarwal

These adjustments aim to leverage the diverse expertise of the board members across different aspects of corporate governance.

Preferential Share Allotment

In a separate but equally significant development, Sirca Paints India Limited's Board has approved the allotment of 19,84,000 equity shares on a preferential basis. Key details of this allotment include:

Issue Price: ₹379.50 per share (including a premium of ₹369.50)
Face Value: ₹10 per share
Total Allottees: 66 investors, including non-promoter group entities

Impact on Share Capital

Following this allotment, the company's paid-up capital has increased significantly:

Pre-Allotment: ₹54,80,88,000 (5,48,08,800 equity shares)
Post-Allotment: ₹56,79,28,000 (5,67,92,800 equity shares)

This represents an increase of approximately 3.62% in the total number of outstanding shares.

Notable Investors

Among the 66 allottees, some significant investments include:

Sirca S.P.A: Allocated 2,63,500 shares, increasing their total holding to 23,63,500 shares (4.16% post-issue shareholding)
N-3 Shares and Stock Vision Private Limited: Newly allocated 1,31,000 shares
Girish Sareen: Newly allocated 1,10,050 shares

The preferential allotment has introduced new institutional and individual investors to Sirca Paints' shareholder base, potentially bringing fresh perspectives and capital to support the company's growth strategies.

These corporate actions - the committee restructuring and the preferential share allotment - underscore Sirca Paints India Limited's commitment to evolving its governance structure and strengthening its capital base. As the company moves forward with these changes, stakeholders will be keen to observe how these developments influence Sirca Paints' strategic direction and market performance in the coming months.