Sirca Paints India Ltd, a small-cap decorative paint company based in New Delhi, India, witnessed a more than 7% jump in its share price following its announcement to raise capital through securities issuance. The company also reported robust Q4 FY25 financial results, with improved revenue and profit figures.
Sirca Paints India Ltd, a decorative paint manufacturer headquartered in New Delhi, saw its stock rise by more than 7% after the company announced plans to raise capital via the issuance of securities. The board of directors will meet on July 14 to deliberate the proposal, which may include issuing equity shares through public or private offerings such as preferential allotments or qualified institutional placements.
Sirca Paints India Ltd, known for importing and distributing premium wood coatings, made the announcement through a regulatory filing to the Bombay Stock Exchange (BSE). On Monday, its share price opened at ₹390 and hit an intraday high of ₹408.95 apiece, reacting positively to the news.
In its Q4 FY25 financial results, Sirca Paints reported operational revenue of ₹101.1 crores, a significant 22.4% rise from ₹82.63 crores during the same period last year. The growth was primarily driven by a better product mix and a strategic push toward high-value product sales.
The company also reported an EBITDA of ₹18.97 crores, up from ₹16.25 crores in Q4 FY24, marking a 16.8% year-on-year increase. However, the EBITDA margin slightly declined to 18.77% from 19.66%, owing to intensified competition and promotional strategies that impacted profitability but helped maintain market share.
Profit After Tax (PAT) for Q4 FY25 rose to ₹14.16 crores from ₹12.51 crores, a 13.1% year-on-year gain. For the full fiscal year, Sirca Paints posted a revenue of ₹374 crores, reflecting 20% growth, although full-year EBITDA dipped 2% and PAT declined by 4% to ₹49 crores.
Investors responded positively to both the capital raise plans and the earnings update, highlighting growing confidence in the company’s long-term strategy and market positioning.