Sirca Paints India Limited (SIRCA) Earnings Call Transcripts

Sirca Paints India Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Sirca Paints India Limited reported a revenue of INR 134.29 crores, up 33.07% YoY, and a profit after tax of INR 17.71 crores, reflecting a 25.07% increase. For the full fiscal year, revenues reached INR 492.48 crores, a 31.79% growth, with EBITDA rising 46.6% to INR 98.88 crores. Management maintained a growth guidance of 25% to 30% CAGR for FY '27, indicating strong momentum despite short-term margin pressures due to raw material volatility.

Reported metrics

Guidance from management

Management expects revenue growth of 25% to 30% CAGR for FY '27, with EBITDA margins projected to remain between 19% to 21%. They indicated that short-term pressures on margins are expected to stabilize as price increases are implemented.

What management said

Yes. So despite being the tough year, Sirca has registered organic as well as inorganic growth. So the revenues combined from -- Welcome and Wembley were approximately INR 120.5 crores, out of which almost INR 46.5 crores was coming from Welcome and INR 74 crores was coming from Wembley. And out of INR 372 crores coming from our core business of Sirca wood coatings, approximately INR 124 crores was coming from the pr...

On a yearly basis, I'm telling. INR 492 crores, if I combine into 2 categories, core Sirca was approximately INR 372 crores and Wembley and Welcome was approximately INR 120.8 crores.

What analysts pressed on

Analysts expressed concerns regarding the impact of raw material price volatility on margins and the effectiveness of the company's pricing strategy in offsetting these pressures. There were also questions about the integration of the Wembley brand and its growth trajectory in the coming quarters.

Main topics on the call

• Revenue Growth Acceleration — Sirca's Q4 FY '26 revenue grew to INR 134.29 crores from INR 100.92 crores last year, driven by a differentiated portfolio and deeper market penetration. Management stated, "This strong performance was primarily driven b...
• Profitability Improvement — The company's EBITDA for Q4 FY '26 increased to INR 25.74 crores, up 35.6% YoY, with an EBITDA margin of 19.17%. This reflects a solid operational performance, as noted by management: "Our EBITDA margin for the quarter s...
• Strategic Initiatives and Expansion — Management highlighted the operationalization of the new Wembley facility, which consolidates production lines and enhances efficiency. They stated, "The new Wembley manufacturing facility is now fully operational, conso...
• Margin Pressures — Management acknowledged short-term margin pressures due to raw material volatility, particularly linked to crude oil prices. They indicated, "We are experiencing a short-term margin pressure because the raw material situ...

Read the full Sirca Paints India Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 Sirca Paints India Limited earnings call transcripts on record, spanning July 1, 2020 to May 15, 2026. Based on this history, Sirca Paints India Limited reports annually. The most recent call on file is dated May 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SIRCA

Exchange

NSEI

Country

IN

Sector

Consumer Discretionary

Industry

Distributors

Calls on record

9

First call

July 1, 2020

Most recent

May 15, 2026

Reporting cadence

annually