ScoreWhy is Sirca Paints India Ltd ?
1
The company is Net-Debt Free
2
Healthy long term growth as Operating profit has grown by an annual rate 49.31%
3
The company has declared Positive results for the last 5 consecutive quarters
- NET SALES(9M) At Rs 377.09 cr has Grown at 24.12%
- PAT(9M) At Rs 48.92 cr has Grown at 23.01%
- DPS(Y) Highest at Rs 2.00
4
With ROE of 13.7, it has a Attractive valuation with a 5.2 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -0.67%, its profits have risen by 26.3% ; the PEG ratio of the company is 1.7
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 3.31% over the previous quarter and collectively hold 9.61% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Below par performance in long term as well as near term
- Along with generating -0.67% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Sirca Paints should be less than 10%
- Overall Portfolio exposure to Paints should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Paints)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Sirca Paints for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Sirca Paints
-0.67%
-0.02
29.00%
Sensex
-3.2%
-0.24
13.59%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
25.44%
EBIT Growth (5y)
49.31%
EBIT to Interest (avg)
47.32
Debt to EBITDA (avg)
0.39
Net Debt to Equity (avg)
-0.16
Sales to Capital Employed (avg)
0.96
Tax Ratio
25.56%
Dividend Payout Ratio
17.47%
Pledged Shares
0
Institutional Holding
9.61%
ROCE (avg)
24.38%
ROE (avg)
14.81%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
37
Industry P/E
50
Price to Book Value
5.21
EV to EBIT
26.83
EV to EBITDA
23.90
EV to Capital Employed
6.00
EV to Sales
4.72
PEG Ratio
1.68
Dividend Yield
0.79%
ROCE (Latest)
22.01%
ROE (Latest)
13.68%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend9What is working for the Company
NET SALES(9M)
At Rs 377.09 cr has Grown at 24.12%
PAT(9M)
At Rs 48.92 cr has Grown at 23.01%
DPS(Y)
Highest at Rs 2.00
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Sirca Paints
Net Sales - Latest six months
At Rs 264.30 cr has Grown at 22.84%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
At Rs 48.92 cr has Grown at 23.01%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Dividend per Share (DPS) - Annually
Highest at Rs 2.00
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (Rs)
Here's what is not working for Sirca Paints
Non Operating Income - Quarterly
Highest at Rs 1.61 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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