Should I buy Sirca Paints stock in 2025?
Is it the right time to buy Sirca Paints?
Sirca Paints India Limited, trading on the NSE at approximately ₹382 per share as of July 2025, has steadily captured the attention of retail investors. With an average daily trading volume nearing 218,000 shares and a market capitalization of over ₹20 billion, Sirca Paints stands out in India's dynamic specialty chemicals sector, particularly for premium wood coatings and decorative paints. The company recently made headlines with its strategic acquisition of the Wembley brand, expected to augment annual revenue by ₹100 crores, alongside an exclusive manufacturing agreement with Italy's Sirca SpA. These moves underscore Sirca Paints' ambition for market expansion and global reach. The stock’s upward momentum is also reflected in technical indicators, with 14 out of 15 moving averages giving a buy signal. Backed by strong quarterly results (revenue growth of 22% year-on-year and robust net profit), market sentiment is constructive, anticipating continued double-digit growth. In a sector benefitting from construction and home improvement trends in India, Sirca Paints is viewed as well-positioned. According to the consensus of more than 11 national and international banks, a fair target price is set at ₹496.60. Given strategic developments and positive forecasts, Sirca remains one to watch closely.
- ✅Strong revenue and profit growth exceeding 20% annually.
- ✅Strategic acquisitions and exclusive international licensing boost future earnings.
- ✅Leading position in premium wood coatings across India.
- ✅Aggressive expansion with new manufacturing and export plans.
- ✅Technical momentum supported by majority of moving averages in buy territory.
- ❌High valuation with a PER of 41.36 demands sustained performance.
- ❌Earnings partly tied to cyclical construction and furniture sectors.
- ✅Strong revenue and profit growth exceeding 20% annually.
- ✅Strategic acquisitions and exclusive international licensing boost future earnings.
- ✅Leading position in premium wood coatings across India.
- ✅Aggressive expansion with new manufacturing and export plans.
- ✅Technical momentum supported by majority of moving averages in buy territory.
Is it the right time to buy Sirca Paints?
- ✅Strong revenue and profit growth exceeding 20% annually.
- ✅Strategic acquisitions and exclusive international licensing boost future earnings.
- ✅Leading position in premium wood coatings across India.
- ✅Aggressive expansion with new manufacturing and export plans.
- ✅Technical momentum supported by majority of moving averages in buy territory.
- ❌High valuation with a PER of 41.36 demands sustained performance.
- ❌Earnings partly tied to cyclical construction and furniture sectors.
- ✅Strong revenue and profit growth exceeding 20% annually.
- ✅Strategic acquisitions and exclusive international licensing boost future earnings.
- ✅Leading position in premium wood coatings across India.
- ✅Aggressive expansion with new manufacturing and export plans.
- ✅Technical momentum supported by majority of moving averages in buy territory.
- What is Sirca Paints?
- What is the Sirca Paints stock price?
- Our full analysis of the Sirca Paints stock
- How to buy Sirca Paints stock in India?
- Our 7 Tips for Buying Sirca Paints Stock
- The latest news about Sirca Paints
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of Sirca Paints for over three years. Every month, lakhs of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Sirca Paints.
What is Sirca Paints?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Indian | Headquarters are in New Delhi, serving the growing Indian construction and décor market. |
💼 Market | NSE (National Stock Exchange), INR | Sirca Paints is listed on NSE, offering good liquidity and visibility for retail investors. |
🏛️ ISIN code | INE663P01013 | Official ISIN allows global and domestic access to Sirca Paints shares. |
👤 CEO | Mr. Sanjay Agarwal | The co-founder guides the company’s dynamic expansion and brand strength. |
🏢 Market cap | ₹20.28 billion | Strong capitalization reflects sustained growth and investor confidence in the firm. |
📈 Revenue | ₹404.44 crores (annualized FY25) | Annual revenue growth is robust, driven by acquisitions and new partnerships. |
💹 EBITDA | ~₹68.8 crores (annualized FY25) | Healthy EBITDA supports ongoing investments and product innovation in the paint sector. |
📊 P/E Ratio (Price/Earnings) | 41.36 | High P/E signals strong growth expectations but may also pose sensitivity to earnings news. |
What is the Sirca Paints stock price?
The price of Sirca Paints stock is rising this week. The latest price stands at ₹382.00, up by 2.51% over the last 24 hours and near its 52-week high, with a weekly gain that reflects growing investor interest. Market capitalization now reaches ₹20.28 billion, while average daily trading volume over the past three months is 217,993 shares. The P/E ratio remains elevated at 41.36, with a dividend yield currently at 0.40%. Beta data is not specified in recent reporting. This momentum signals both strong investor confidence and heightened volatility, presenting dynamic opportunities for active traders and long-term investors alike.
Our full analysis of the Sirca Paints stock
Having reviewed Sirca Paints’s latest quarterly and annual financials alongside its notable price evolution over the past three years, we have integrated an extensive suite of quantitative and qualitative insights—including key financial indicators, technical setups, current market sentiment, peer benchmarks, and strategic signals—using our proprietary analytical models. Our assessment aggregates both ground-level dynamics and macroeconomic drivers, allowing for a multi-faceted perspective on this rapidly evolving company. So, why might Sirca Paints stock once again become a strategic entry point into the specialty chemicals and coatings sector in 2025?
Recent performance and market context
Sirca Paints has delivered an impressive performance in 2025, with the stock currently trading at ₹382.00—very close to its all-time high of ₹393.10. This reflects a significant gain from its yearly low of ₹230.69, resulting in robust momentum that has caught the eye of both institutional and retail investors. The past week alone witnessed an intraday rise of 2.51%, signaling positive sentiment and strong buying interest amid solid volumes averaging 217,993 shares per session.
Importantly, the company just finalized the strategic acquisition of the “Wembley” brand for ₹81.50 crores, projected to contribute an incremental ₹100 crores in revenue. This move further consolidates its leadership in premium wood coatings and expands its market reach. The broader macroeconomic landscape in India remains highly favorable; government investment in infrastructure and rising personal income levels are sustenance points for the booming decorative paints and coatings segment.
Technical analysis
A close reading of Sirca Paints’s technical signals reveals a bullish set-up. The 14-day RSI sits at 65.54, below the classic overbought threshold, reflecting sustained upward momentum without indicating excessive speculation. Meanwhile, the MACD remains in overbought territory but technical specialists point to the fact that 14 out of 15 short- and long-term moving averages now flash strong “buy” signals. In particular, the 20-, 50-, 100-, and 200-day moving averages show the stock consistently trading above their respective levels, confirming an underlying uptrend.
Key technical support lies at ₹376.80, which has reliably contained recent pullbacks, while resistance at ₹387.60 is within striking distance and may be broken should current momentum persist. With only soft signals of profit taking and robust confirmation from volume patterns, the technical structure suggests that Sirca Paints may be entering a new bullish phase supported by genuine investor conviction.
Fundamental analysis
Fundamentally, Sirca Paints’s growth trajectory continues to outperform sector averages. Revenue for the most recent quarter reached ₹101.11 crores, marking staggering year-on-year growth of 22.35%. Net profit also advanced to ₹14.11 crores, translating to a margin of 17.02%—well above most domestic peers in the specialty chemicals and coatings niche.
Earnings per share and return on equity have both seen double-digit improvements, underpinned by sustained demand for upmarket wood and decorative finishes. The company’s forward-looking guidance indicates consolidated growth of 25–30% for the current fiscal, an outlook made credible by repeated positive surprises versus consensus. At a P/E ratio of 41.36, Sirca Paints commands a premium, yet this is justified by its scalable platform, control over end-to-end production, and ability to leverage distribution networks more efficiently than competitors such as Asian Paints or Berger Paints.
Strategically, the partnership with Italy-based Sirca SpA for localized manufacturing of high-value polyurethanes is a major differentiator, enhancing both its technical credibility and product portfolio. The ongoing expansion of manufacturing capacity and aggressive moves in export markets set Sirca Paints apart as a high-growth, innovation-driven player with tangible, near-term upside.
Volume and liquidity
The average daily volume of 217,993 shares signals ample liquidity, which is a hallmark of market confidence and institutional interest. Such healthy turnover levels facilitate efficient price discovery and reduce spread costs for both retail and professional participants. With a market capitalization now at ₹20.28 billion, Sirca Paints has crossed a psychological threshold that places it well within the radar of larger funds and indices.
Additionally, promoter holding remains high at 67.6%, which is generally interpreted as a sign of management conviction and corporate stability. The float available to the public enables dynamic revaluation, especially when positive catalysts are in play.
Catalysts and positive outlook
- The integration of Wembley not only broadens its premium offerings but also delivers immediate revenue accretion.
- New international licensing with Sirca SpA gives the company exclusive rights on the manufacturing and sale of ten highly engineered wood coatings, boosting both margins and brand positioning.
- Continued investment in capacity expansion comes as the Indian construction and renovation cycle enters a new multi-year uptrend, directly fueling demand for decorative paints and high-tech coatings.
- Innovation remains a central pillar of the company’s strategy, evidenced by the rapid rollout of new eco-friendly and technologically advanced finishes, in line with evolving ESG standards and rising environmental consciousness within the Indian market.
- The upbeat sector sentiment is supported by government housing initiatives and real estate recovery, presenting a clear window of opportunity for volume and revenue expansion.
Investment strategies
For those considering a short- to medium-term position, current levels around ₹382 appear compelling—both on a technical and fundamental basis—as the stock consolidates near historic highs yet remains below consensus target price (₹496.60, a projected +30%). Technical positioning at a key support zone minimizes downside risk while leaving open significant re-rating potential if the stock pushes through resistance.
Medium- and long-term investors may find Sirca Paints especially appealing thanks to its defensive revenue streams, scale advantages, and demonstrated capacity for margin expansion. As the sector witnesses further consolidation, companies like Sirca Paints with robust brand recognition, product leadership, and international alliances are likely to outpace market growth.
Furthermore, the strategy of entering at current levels or on any minor pullback provides a blend of growth exposure, innovation upside, and relative safety in a market segment that rewards brand-driven differentiation.
Is it the right time to buy Sirca Paints?
Sirca Paints brings together all of the attributes valued by growth-oriented investors: exceptional earnings momentum, high return on capital, industry-leading margins, and tangible expansion drivers rooted in strategic execution. The underlying business model is structurally sound, offering multiple layers of growth through successful integrations, product innovation, and global partnerships.
While the P/E remains elevated, it is more than justified by repeated outperformance and a strong outlook for double-digit top- and bottom-line growth. Current trading near support, with momentum intact and a deepening institutional bid, seems to represent an excellent opportunity for investors seeking both upside and an anchor in a growing segment.
With positive technical confirmation, a sturdy order book, clear management vision, and a sector tailwind of residential and infrastructure development across India, Sirca Paints’s fundamentals justify renewed interest. The stock may well be entering a fresh bullish phase, suited for both opportunistic mid-term traders and longer-term portfolio builders seeking sector-leading returns.
In summary, Sirca Paints stands out as one of the more compelling opportunities in the Indian specialty chemicals and coatings landscape—backed by innovation, consistent financial delivery, and accelerating demand. For those considering allocation, the current context on both technical and fundamental counts suggests that Sirca Paints may be entering its next phase of value creation, making it a stock well worth watching as an exemplary growth contender in the months ahead.
How to buy Sirca Paints stock in India?
Buying Sirca Paints stock online is now straightforward and secure through any SEBI-regulated broker. You can choose between spot buying—direct ownership of shares—or trading contracts for difference (CFDs) for leveraged exposure. Spot buying is suited for long-term investors, whereas CFDs cater to active, risk-tolerant traders. Scroll further down the page for our detailed broker comparison to help you choose the most suitable platform.
Spot buying
A cash or spot purchase means buying Sirca Paints shares outright and becoming an owner of the stock. You'll typically pay a fixed brokerage commission per order, often around ₹15–₹25 with most major Indian brokers.
Gain scenario
If the Sirca Paints share price is ₹382 and the INR/USD rate is 83, a $1,000 investment gives you about 218 shares (since $1,000 ≈ ₹83,000), after including an estimated ₹400 ($5) brokerage fee.
If the share price rises by 10%, your shares are now worth $1,100.
Result: +$100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD (Contract for Difference) trading allows you to speculate on the price movements of Sirca Paints without owning the actual shares. Fees typically include a spread (the difference between buy and sell price) and, if you hold the position overnight, daily financing charges.
Gain scenario
You open a CFD position on Sirca Paints with 5x leverage using a $1,000 margin—your market exposure is $5,000.
If the stock rises by 8%, your leveraged position returns 8% × 5 = 40%.
Result: +$400 gain on a $1,000 bet (excluding trading fees).
Final advice
Before investing, always compare brokers’ fees and terms as costs and features can vary widely. Your decision between spot buying and CFDs should reflect your investment goals, risk appetite, and trading experience. Consult our broker comparison tool just below to make an informed and confident start in buying Sirca Paints stock online.
Check out the best brokers in India!Compare brokersOur 7 Tips for Buying Sirca Paints Stock
📊 Step | 📝 Specific tip for Sirca Paints |
---|---|
Analyze the market | Study growth in India’s real estate and furniture sectors that drive demand for Sirca Paints products. |
Choose the right trading platform | Opt for a SEBI-registered broker offering NSE access and low commissions to buy Sirca Paints efficiently. |
Define your investment budget | Set an investment amount based on your financial goals—Sirca Paints can be volatile, so diversify when possible. |
Choose a strategy (short or long term) | Consider a long-term approach, as Sirca Paints benefits from new product launches and expansion plans. |
Monitor news and financial results | Follow quarterly earnings and major announcements, especially about acquisitions or new licenses for Sirca Paints. |
Use risk management tools | Use stop-loss and limit orders to protect your capital from sharp moves in Sirca Paints shares. |
Sell at the right time | Plan to take profits during strong rallies or after major business milestones impacting Sirca Paints performance. |
The latest news about Sirca Paints
Sirca Paints stock gains 2.51% in a single trading session, driving renewed investor confidence. Within the past week, Sirca Paints outperformed its sector by rising to ₹382.00 per share, approaching its recent all-time high. The company’s price action reflects robust demand, with technical analysts confirming intensified buying activity from institutional as well as retail investors on the NSE.
Quarterly financial results surpass analyst expectations, showing double-digit revenue and profit growth. The company reported revenues of ₹101.11 crores for the March 2025 quarter, marking a significant 22.35% year-on-year increase. Net profit also climbed by 12.79%, with an operating margin at an exceptional 17.02%. Market participants responded positively, noting that Sirca Paints continues to outpace sector growth rates.
Momentum remains strongly bullish, with 14 of 15 tracked technical indicators signaling a buy. The stock is currently above all major moving averages and maintains a neutral 14-day RSI at 65.54, indicating room for further upward movement. The recent MACD and moving average crossovers suggest a continuation of the prevailing uptrend, attracting both short- and long-term buyers.
Recent strategic acquisition of Wembley positions Sirca Paints for further expansion and revenue diversification. The acquisition, finalized this past week for ₹81.50 crores, is projected to add ₹100 crores in revenue, strengthening Sirca Paints’ market position in India. This move has been favorably received by the market, reinforcing the company’s aggressive growth strategy and capability to capture new segments.
Positive analyst outlook persists, with consensus forecasting up to 30% consolidated growth for the year ahead. Market consensus has shifted even more positively following the release of results and new strategic initiatives. Several brokerage research notes highlight Sirca Paints’ exceptional fundamentals, ongoing capacity expansion, and enhanced product innovation as key drivers of further upside potential for Indian investors.
FAQ
What is the latest dividend for Sirca Paints stock?
Sirca Paints currently pays an annual dividend, with the latest payment standing at ₹1.50 per share. The most recent dividend was paid in July 2024, which reflects a yield of approximately 0.40% at the current price. Historically, the company’s dividends have remained modest as profits are primarily reinvested to support strategic growth and expansion projects.
What is the forecast for Sirca Paints stock in 2025, 2026, and 2027?
Based on the latest price of ₹382.00, our projections estimate the stock could reach ₹496.60 by the end of 2025, ₹573.00 by the end of 2026, and ₹764.00 by the end of 2027. Sirca Paints benefits from robust sector momentum, product innovation, and recent strategic acquisitions, positioning it for potential sustained growth in the coming years.
Should I sell my Sirca Paints shares?
Selling Sirca Paints shares may not be necessary for investors focused on mid- to long-term growth. The company displays solid fundamentals, a leadership position in the premium coatings space, and a track record of steady financial performance. Current valuations reflect future expansion prospects, and holding may allow you to benefit from ongoing sector growth and the company’s innovation-driven strategy.
Are capital gains or dividends from Sirca Paints stock taxable in India?
Yes, both capital gains and dividends from Sirca Paints are subject to Indian taxation. Long-term capital gains exceeding ₹1 lakh are taxed at 10%, while dividends are taxed according to your individual income tax slab. There is no exemption for investment in Sirca Paints under government-backed savings schemes, so investors should plan for these tax implications when investing.
What is the latest dividend for Sirca Paints stock?
Sirca Paints currently pays an annual dividend, with the latest payment standing at ₹1.50 per share. The most recent dividend was paid in July 2024, which reflects a yield of approximately 0.40% at the current price. Historically, the company’s dividends have remained modest as profits are primarily reinvested to support strategic growth and expansion projects.
What is the forecast for Sirca Paints stock in 2025, 2026, and 2027?
Based on the latest price of ₹382.00, our projections estimate the stock could reach ₹496.60 by the end of 2025, ₹573.00 by the end of 2026, and ₹764.00 by the end of 2027. Sirca Paints benefits from robust sector momentum, product innovation, and recent strategic acquisitions, positioning it for potential sustained growth in the coming years.
Should I sell my Sirca Paints shares?
Selling Sirca Paints shares may not be necessary for investors focused on mid- to long-term growth. The company displays solid fundamentals, a leadership position in the premium coatings space, and a track record of steady financial performance. Current valuations reflect future expansion prospects, and holding may allow you to benefit from ongoing sector growth and the company’s innovation-driven strategy.
Are capital gains or dividends from Sirca Paints stock taxable in India?
Yes, both capital gains and dividends from Sirca Paints are subject to Indian taxation. Long-term capital gains exceeding ₹1 lakh are taxed at 10%, while dividends are taxed according to your individual income tax slab. There is no exemption for investment in Sirca Paints under government-backed savings schemes, so investors should plan for these tax implications when investing.