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SIRCA PAINTS INDIA vs VERITAS - Comparison Results

Rs 100 invested in...

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Current Valuations

    SIRCA PAINTS INDIA VERITAS SIRCA PAINTS INDIA/
VERITAS
 
P/E (TTM) x 36.3 21.0 173.4% View Chart
P/BV x 6.6 1.7 380.0% View Chart
Dividend Yield % 0.5 0.0 14,004.1%  

Financials

 SIRCA PAINTS INDIA   VERITAS
EQUITY SHARE DATA
    SIRCA PAINTS INDIA
Mar-23
VERITAS
Mar-23
SIRCA PAINTS INDIA/
VERITAS
5-Yr Chart
Click to enlarge
High Rs400277 144.4%   
Low Rs299111 270.6%   
Sales per share (Unadj.) Rs97.7806.9 12.1%  
Earnings per share (Unadj.) Rs16.835.4 47.6%  
Cash flow per share (Unadj.) Rs18.448.2 38.2%  
Dividends per share (Unadj.) Rs1.500.05 3,000.0%  
Avg Dividend yield %0.40 1,662.9%  
Book value per share (Unadj.) Rs96.9859.3 11.3%  
Shares outstanding (eoy) m27.4026.81 102.2%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x3.60.2 1,489.8%   
Avg P/E ratio x20.85.5 379.2%  
P/CF ratio (eoy) x19.04.0 471.8%  
Price / Book Value ratio x3.60.2 1,600.1%  
Dividend payout %8.90.1 6,305.9%   
Avg Mkt Cap Rs m9,5845,197 184.4%   
No. of employees `000NANA-   
Total wages/salary Rs m22796 235.6%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m2,67721,632 12.4%  
Other income Rs m4849 98.2%   
Total revenues Rs m2,72621,682 12.6%   
Gross profit Rs m6171,423 43.4%  
Depreciation Rs m44344 12.8%   
Interest Rs m0173 0.2%   
Profit before tax Rs m621955 65.0%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m1607 2,253.1%   
Profit after tax Rs m461948 48.6%  
Gross profit margin %23.06.6 350.4%  
Effective tax rate %25.80.7 3,467.4%   
Net profit margin %17.24.4 392.9%  
BALANCE SHEET DATA
Current assets Rs m2,64917,149 15.4%   
Current liabilities Rs m61911,062 5.6%   
Net working cap to sales %75.828.1 269.5%  
Current ratio x4.31.6 276.1%  
Inventory Days Days42 229.1%  
Debtors Days Days7002,783 25.2%  
Net fixed assets Rs m62624,058 2.6%   
Share capital Rs m27427 1,022.2%   
"Free" reserves Rs m2,38123,010 10.3%   
Net worth Rs m2,65523,037 11.5%   
Long term debt Rs m0363 0.0%   
Total assets Rs m3,27541,207 7.9%  
Interest coverage x1,445.36.5 22,130.3%   
Debt to equity ratio x00 0.0%  
Sales to assets ratio x0.80.5 155.7%   
Return on assets %14.12.7 518.1%  
Return on equity %17.44.1 422.0%  
Return on capital %23.44.8 485.6%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m170-   
Fx outflow Rs m8300-   
Net fx Rs m-8130-   
CASH FLOW
From Operations Rs m-187806 -23.2%  
From Investments Rs m94-34 -278.2%  
From Financial Activity Rs m-55-759 7.3%  
Net Cashflow Rs m-14813 -1,103.6%  

Share Holding

Indian Promoters % 34.6 55.0 63.0%  
Foreign collaborators % 32.9 0.0 -  
Indian inst/Mut Fund % 6.2 9.7 64.2%  
FIIs % 5.5 9.7 56.4%  
ADR/GDR % 0.0 0.0 -  
Free float % 32.5 45.0 72.1%  
Shareholders   57,376 3,248 1,766.5%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare SIRCA PAINTS INDIA With:   ADANI ENTERPRISES    REDINGTON    MMTC    SAT INDUSTRIES    BLACK ROSE IND    


More on SIRCA PAINTS INDIA vs VERITAS

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

SIRCA PAINTS INDIA vs VERITAS Share Price Performance

Period SIRCA PAINTS INDIA VERITAS
1-Day 0.38% 2.00%
1-Month 7.25% 45.63%
1-Year 11.01% 959.55%
3-Year CAGR -3.40% 185.91%
5-Year CAGR -2.06% 96.53%

* Compound Annual Growth Rate

Here are more details on the SIRCA PAINTS INDIA share price and the VERITAS share price.

Moving on to shareholding structures...

The promoters of SIRCA PAINTS INDIA hold a 67.6% stake in the company. In case of VERITAS the stake stands at 55.0%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of SIRCA PAINTS INDIA and the shareholding pattern of VERITAS.

Finally, a word on dividends...

In the most recent financial year, SIRCA PAINTS INDIA paid a dividend of Rs 1.5 per share. This amounted to a Dividend Payout ratio of 8.9%.

VERITAS paid Rs 0.1, and its dividend payout ratio stood at 0.1%.

You may visit here to review the dividend history of SIRCA PAINTS INDIA, and the dividend history of VERITAS.

For a sector overview, read our paints sector report.



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