Sirca Paints India Ltd. · NSE:SIRCA
Sirca Paints India — Q3 FY2026 Earnings Presentation
29 slides from Sirca Paints India's earnings presentation, Jan 31, 2026
Slide 1: Submission of Investor Presentation to NSE and BSE
January 31, 2026 To, To, The Managing Director The General Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1 Department of Corporate Services G-Block, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400051 Dalal Street, Mumbai
Slide 2: Q3 FY26 Earnings Presentation
Q3 FY 26 EARNINGS PRESENTATION
Slide 3: Company Profile
COMPANY PROFILE
Slide 4: An Intro
AN INTRO Sirca Paints India Limited (SPIL) is a leading manufacturer & Importer of wood coating products in India, with a history spanning two decades. Offering premium quality wood finishes under brands like 'Sirca' and 'Unico', SPIL caters to the emerging aesthetic needs of the furnishing market.
Slide 5: About Sirca S.p.A (Italy)
85+ ABOUT COUNTRIES SIRCA S.P.A 800+ (ITALY) EMPLOYEES Established in 1973, Sirca is a key player in the Durante Group specializing in Italian wood paints. With a global €180+ n presence in many countries, the company boasts 4 production plants . Its focus on research and development TURNOVER is evi
Slide 6: OEM Vendor Market
4 800+ 20+ 900+ Manufacturing Team Branches and OEM’s facilities Strength Depots Clientele SOLE & OEM MARKET EXCLUSIVE VENDOR LEADER LICENSEE Preferred OEM Vendor on its Among the Top 3 Premium Of Globally Established way to become a wood coatings brand in India ‘Sirca’ brand for India. Dominating R
Slide 7: Value Proposition
VALUE PROPOSITION The promise and quality of ‘Made in Italy’ blended with innovation, research and development to provide the most sophisticated and customized products and services in the paints industry. Premium Italian Glass Coatings Metal Coatings Wood coatings
Slide 8: Value Proposition: Recent Additions
VALUE PROPOSITION Recent Additions to our Product Portfolio Expansion WEMBLEY RANGE
Slide 9: Wood Coatings, Wall Textures & Others
WOOD COATINGS Mass Market Range Nitrocellulose (NC), Melamine, PU Coatings and Thinners WALL TEXTURES & OTHERS OIKOS Portfolio (Super luxury high-end wall textures)
Slide 10: Brand Portfolio
BRAND PORTFOLIO Recent Additions to our Product Portfolio Expansion Sirca Unico WEMBLEY (Newly Luxury High-end Italian Mass-market Wood Acquired) Wood Coatings. Coatings products Enamels, Nc, Wall paints Sanding Sealer, TT Clear, Lacquer etc. OIKOS WELCOME WEMBLEY VALENTINO (Newly Launched ) Super L
Slide 11: Nationwide Presence, Trusted Excellence
JAGADHARI JAMMU AND KASHMIR MOHALI LUDHIANA NOIDA NATIONWIDE PRESENCE, KARNAL WEMBLEY (TIKRI) NEPAL NATHUPUR PU UNIT, BAHADURGARH WP UNIT, UNIT-3 AMBALA TRUSTED DEHRADUN DELHI SILIGURI GURUGRAM MORADABAD INDORE BANGLADESH EXCELLENCE KOLKATA NAGPUR At Sirca, we take pride in delivering AHMEDABAD SURA
Slide 12: Customer Segments: Retail and OEMs
CUSTOMER SEGMENTS RETAIL OEM’s 4000+ 900+ OEM’s Clientele Growth Strategy Chain of studios being opened across APPROACH Dealing in Premium products. India, currently 20+branches are operational. Providing strong technical support Creating a wider and diverse product and after sales services to OEM’s
Slide 13: Marketing and Promotional Activities
MARKETING AND PROMOTIONAL ACTIVITIES Continuous innovation in branding, in-shop displays, and end- to-end experience centre's to enhance brand visibility, effectively showcasing the complete portfolio of SIRCA and OIKOS products
Slide 14: An Italian Autograph
AN ITALIAN . AUTROGRAPH Sirca> WOOD COATINGS (ITALY) Sirca ® NEW KRISHNA PAINTS Z Up & HARDWARE STORE Ms G ADPT BHIZ 30D COATINGS {ITALY OPT? Your Italian Autograph .
Slide 15: Sirca - Events and Awards
SIRCA - EVENTS AND AWARDS “Sirca actively invests in high-impact engagement initiatives that bring together industry professionals, partners, and influencers. Our participation in IDAC Exhibition, Architect Meets & Contractor Meets, these platforms help foster trust, showcase innovation, and strengt
Slide 16: Sirca - Digital Impressions
SIRCA - DIGITAL IMPRESSIONS “Sirca’s digital footprint continues to grow through strategic features in leading design publications and platforms. Our projects with renowned architects have been showcased in Livingetc & Elle Decor and other top-tier outlets — amplifying visibility among designers, sp
Slide 17: Strategic Expansion: Acquisition of Wembley
STRATEGIC EXPANSION: ACQUISITION OF WEMBLEY Sirca Paints India Ltd. Acquires "Wembley" Brand, Expanding Platform and Its Product Portfolio New Delhi, 21-March-2025 – Sirca Paints India Ltd. proudly announces the acquisition of the entire business under the brand name "Wembley" from Wembley Paints &
Slide 18: Enhanced Version of Sirca Parivaar Pro App
ENHANCED VERSION OF SIRCA PARIVAAR PRO APP 25000+ 20,000+ 5000+ Contractors Average Daily Average Daily Key Features Users Registered Product Scans Specifically designed for architects, contractors, and dealers using Sirca products Automate Sirca loyalty program Bringing all industry stakeholders to
Slide 19: Our Board of Directors
OUR BOARD OF DIRECTORS MR. SANJAY MR. APOORV AGARWAL AGARWAL CHAIRMAN & JOINT MANAGING MANAGING DIRECTOR DIRECTOR Mr. Agarwal is one of the co-founders of Sirca Paints India Degree from Delhi University and a masters degree in Finance Limited, he has been working the Paints & Coatings industry & Mar
Slide 20: Our Board of Directors
OUR BOARD OF DIRECTORS MR. SHYAM LAL MR. SANJAY GOYAL KAPOOR NON-EXECUTIVE & NON-EXECUTIVE & INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR Mr. Goyal was the Audit and Finance Advisor at Ghazanfar Mr. K a p o o r i s a d o c t o r b y p ro f e s s i o n , h e h as a n M BB S Bank. He leads each firm’s li
Slide 21: Q3 FY26 Result Discussion
Q3 FY26 RESULT DISCUSSION
Slide 22: Q3 FY26 Result Discussion
Q3 FY26 RESULT DISCUSSION "STRONG PERFORMANCE IN A HIGHLY COMPETITIVE ENVIRONMENT." 112.79 23.02 27.23%% 49% 15.04 88.65 31.24% 15.45 11.46 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 The company delivered a robust Q3FY26 performance, with Revenue up 27.23% to ₹112.79crore. EBITDA rose 49% to ₹23.02 c
Slide 23: Profit & Loss Summary
F I N A N CI A L S U M M A R Y PROFIT & LOSS SUMMARY ( ₹ in crores ) Particulars Q3 FY26 Q2 FY26 Q3 FY25 YOY% QOQ% Revenue from Operations 112.79 131.17 88.65 27.23% -14.01% Total Income 114.18 132.21 90.55 26.10% -13.64% Total Operating Exp 89.77 103.77 73.20 22.64% -13.49% EBITDA (Excl. OI) 23.02
Slide 24: Management Commentary
Q3 FY26 RESULT DIS CUSSION MANAGEMENT COMMENTARY Revenue from Operations: • Increased to INR 112.79 Cr in the current quarter from INR 88.65 Cr in Q2 FY25. • A growth of 27.23%. • Growth driven by better product mix with a focus on high-value product sales. EBITDA: • Increased from INR 15.45 Cr (Q2
Slide 25: Q3FY26 Outlook
Q3FY26 OUTLOOK The third quarter of FY26 continued to witness a muted demand environment across the Wood coatings and industrial coatings space. Demand softness persisted due to uneven urban consumption recovery, cautious discretionary spending, and prolonged regulatory disruptions in certain key ma
Slide 26: Q3FY26 Outlook
Q3FY26 OUTLOOK Wembley Integration & Capacity Expansion A major strategic milestone during the year has been the consolidation of Wembley manufacturing into a single, integrated facility, which is now fully ready for commissioning by February 2026. Once operational, the new Wembley facility is expec
Slide 27: Q3FY26 Outlook
Q3FY26 OUTLOOK Market Expansion & Brand-Led Growth Initiatives Despite near-term demand softness, Sirca remains aggressively focused on market expansion, particularly: Western India • Expanded distributor onboarding • Regular dealer activations and applicator engagement programs • Strong pipeline de
Slide 28: Way Forward
WAY FORWARD Going Forward management expects: • Gradual improvement in demand conditions as regulatory disruptions ease • Recovery in urban discretionary spending • Continued momentum in organized furniture manufacturing • Strong growth prospects for premium, water-based, and high- performance coati
Slide 29: Connect With Us
CONNECT Hira Kumar COMPANY SECRETARY AND COMPLIANCE OFFICER WITH US Sirca Paints India Limited c s @ s i r c ap a i n t s . c o m