Sirca Paints India Share Price Target 2026, 2027, 2030, 2040, 2050
Sirca Paints India is a well-known Indian company that makes good-quality wood coatings, PU (polyurethane) polish, and decorative paints. The company is known for premium Italian-style finishes and sells products under brands like Sirca and Oikos. Its main products include wood coatings, PU products, melamine, wood fillers, and decorative wall paints used on wood, glass, and metal surfaces. The company has modern factories in Sonipat, Haryana, and a strong sales network with many branches and shops across India.
What is Sirca Paints India Ltd NSE: SIRCA?
Sirca Paints India was established in 2006 in New Delhi, India, and it was founded by Sanjay Agarwal, Apoorv Agarwal, and Gurjit Singh Bains. The company makes and sells paints and special coatings mainly used for wood, furniture, and home interiors. Its products include wood coatings, decorative wall paints, PU coatings, and other finishing materials that help protect surfaces and make them look better, such as doors, floors, and cabinets. The company sells its products across India and also exports to some nearby countries.
It is a well-known company in India that makes and sells wood coatings and decorative paints used in homes, offices, and furniture work. In the beginning, the company focused on bringing good finishing products to the Indian market, especially coatings inspired by Italian style and technology. Over the years, the company has grown step by step and built a strong name among customers who want good and long-lasting finishes. In 2026, its share price target would be ₹745, as per stock market analysts.
According to stock market analysts, its share price would be between ₹347 to ₹745 in 2026.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 347 | 745 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 452 | 507 |
| फ़रवरी | 447 | 487 |
| मार्च | 381 | 461 |
| अप्रैल | 362 | 482 |
| मई | 347 | 500 |
| जून | 387 | 547 |
| जुलाई | 410 | 578 |
| अगस्त | 435 | 590 |
| सितंबर | 560 | 632 |
| अक्टूबर | 598 | 687 |
| नवंबर | 615 | 700 |
| दिसम्बर | 635 | 745 |
It mainly makes coatings that protect and decorate different surfaces such as wood, glass, and metal. These coatings are often used on furniture, cabinets, doors, wooden panels, and interior walls in homes and commercial buildings. The company works to make sure its products give both a good look and strong protection, so surfaces stay nice and last longer. Many people who work in construction and interior design like using these coatings because they improve the final look of their projects. In 2027, its share price target would be ₹1100, as per stock market analysts.
According to stock market analysts, its share price would be between ₹720 to ₹1100 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 720 | 1100 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 720 | 882 |
| फ़रवरी | 733 | 935 |
| मार्च | 768 | 975 |
| अप्रैल | 789 | 990 |
| मई | 825 | 1011 |
| जून | 841 | 1023 |
| जुलाई | 868 | 1032 |
| अगस्त | 890 | 1044 |
| सितंबर | 922 | 1056 |
| अक्टूबर | 950 | 1074 |
| नवंबर | 974 | 1088 |
| दिसम्बर | 1000 | 1100 |
The company offers many products used for wood finishing and interior decoration. Some popular products include PU coatings, melamine coatings, wood fillers, primers, and decorative wall finishes. These products help protect wooden surfaces from damage, moisture, and daily use while also giving them a smooth and shiny look. Many customers choose these coatings when they want their furniture or interiors to look modern and stylish. In 2028, its share price target would be ₹1401, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1078 to ₹1401 in 2028.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 1078 | 1401 |
The company sells its products through different brands so it can serve different types of customers. The main brand, Sirca, is known for premium wood coatings and decorative finishes inspired by Italian design. Another brand, Unico, offers coatings that are suitable for more customers who want simple and reliable finishing products. The company also provides decorative textures and special finishes under the Oikos brand, which are used to create stylish wall designs. In 2029, its share price target would be ₹1721, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1368 to ₹1721 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 1368 | 1721 |
It has increased its manufacturing work in India. In the early days, the company mostly imported and sold products, but later it started building stronger manufacturing facilities in the country. This helped the company supply products faster and meet the growing demand for coatings in India. Making products in India also helps the company keep better control over product quality and make them easily available for customers. In 2030, its share price target would be ₹2171, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1680 to ₹2171 in 2030.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 1680 | 2171 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1680 | 1836 |
| फ़रवरी | 1711 | 1878 |
| मार्च | 1732 | 1920 |
| अप्रैल | 1765 | 1965 |
| मई | 1789 | 1990 |
| जून | 1821 | 2023 |
| जुलाई | 1865 | 2055 |
| अगस्त | 1890 | 2074 |
| सितंबर | 1935 | 2122 |
| अक्टूबर | 1955 | 2142 |
| नवंबर | 1987 | 2150 |
| दिसम्बर | 2022 | 2171 |
It works in the paint and coatings industry, which is an important part of construction and interior design. The company mainly focuses on wood coatings that are widely used in furniture, cabinets, and decorative interiors. Over time, this focus has helped the company build a strong position in the premium wood coatings market. Many customers choose these products because they protect surfaces and also give a beautiful finish. In 2040, its share price target would be ₹6225, as per stock market analysts.
According to stock market analysts, its share price would be between ₹5668 to ₹6225 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 5668 | 6225 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 5668 | 5790 |
| फ़रवरी | 5690 | 5832 |
| मार्च | 5732 | 5865 |
| अप्रैल | 5774 | 5890 |
| मई | 5822 | 5922 |
| जून | 5850 | 5968 |
| जुलाई | 5887 | 6036 |
| अगस्त | 5923 | 6068 |
| सितंबर | 5965 | 6112 |
| अक्टूबर | 5990 | 6155 |
| नवंबर | 6035 | 6180 |
| दिसम्बर | 6074 | 6225 |
It mainly serves customers who work in interior design and furniture making. These include carpenters, contractors, architects, interior designers, and furniture manufacturers. Many of these professionals need good-quality coatings to complete their projects properly. The company understands what these customers need and focuses on providing products that work well and look stylish. Because of this, the company has built a good reputation in the interior finishing market. In 2050, its share price target would be ₹11073, as per stock market analysts.
According to stock market analysts, its share price would be between ₹10515 to ₹11073 in 2050.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 10515 | 11073 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 10515 | 10747 |
| फ़रवरी | 10564 | 10835 |
| मार्च | 10632 | 10887 |
| अप्रैल | 10684 | 10932 |
| मई | 10722 | 11055 |
| जून | 10787 | 11090 |
| जुलाई | 10856 | 11135 |
| अगस्त | 10936 | 11174 |
| सितंबर | 11022 | 11221 |
| अक्टूबर | 11084 | 11268 |
| नवंबर | 11135 | 11321 |
| दिसम्बर | 11212 | 11415 |
Should I buy Sirca Paints India stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 347 | 745 |
| 2027 | 720 | 1100 |
| 2028 | 1078 | 1401 |
| 2029 | 1368 | 1721 |
| 2030 | 1680 | 2171 |
| 2040 | 5668 | 6225 |
| 2050 | 10515 | 11073 |
The company is growing in the premium wood coatings and decorative paints market, and its sales and profits have improved in recent years, which is a positive sign. It also has a strong brand in interior finishing products and is expanding its business in India. The company is growing in the premium wood coatings and decorative paints market, and its sales and profits have improved in recent years, which is a positive sign. Its stock can be a good option to look at before investing, but whether you should buy it depends on your investment plan and how much risk you can take.
Sirca Paints India earnings results
| मार्च 2020 | मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | मार्च 2025 | टीटीएम | |
| बिक्री + | 134 | 141 | 196 | 264 | 311 | 372 | 459 |
| व्यय + | 103 | 128 | 158 | 202 | 243 | 305 | 367 |
| परिचालन लाभ | 31 | 12 | 38 | 62 | 69 | 68 | 92 |
| OPM % | 23% | 9% | 20% | 23% | 22% | 18% | 20% |
| अन्य आय + | 6 | 14 | 4 | 5 | 6 | 5 | 4 |
| ब्याज | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| व्याख्या | 2 | 4 | 4 | 4 | 6 | 7 | 10 |
| कर से पहले लाभ | 34 | 23 | 38 | 62 | 69 | 65 | 82 |
| कर | 26% | 27% | 27% | 26% | 26% | 25% | |
| नेट प्रॉफिट + | 25 | 17 | 28 | 46 | 51 | 49 | 62 |
| रुपये में ईपीएस | 4.59 | 3.03 | 5.06 | 8.41 | 9.39 | 8.96 | 11.01 |
| लाभांश भुगतान % | 16% | 25% | 20% | 9% | 16% | 17% |
कुंजी मीट्रिक
| TTM PE Ratio | PB अनुपात | लाभांश प्राप्ति | सेक्टर PE | सेक्टर PB | सेक्टर Div Yld |
| 36.86 | 6.48 | — | 26.54 | 3.02 | 1.70% |
Peers & तुलना
| स्टॉक | पीई अनुपात | PB अनुपात | लाभांश प्राप्ति |
| Sirca Paints India Ltd | 46.15 | 6.48 | — |
| Asian Paints Ltd | 55.45 | 10.14 | 1.17% |
| Berger Paints India Ltd | 40.05 | 7.67 | 0.94% |
| Kansai Nerolac Paints Ltd | 11.25 | 2.01 | 2.36% |
Is Sirca Paints India stock good to buy? (bull case & bear case)

बुल केस:
- It earned about ₹450+ crore revenue in FY2023–24, which shows the company has good sales and a growing business.
- The company made around ₹60+ crore net profit, which means it is earning money from its business.
- In the last few years, the company’s revenue has grown to about ₹500+ crore yearly business, showing steady growth.
- It mainly works in the premium wood coatings market, where it has built a strong position in India.
- It has a distribution network with 25+ branches and thousands of dealers and shops across India.
- The company’s market value in the stock market is around ₹2,000+ crore, which shows many investors are interested in the company.
- The stock has given around 50%+ return in the last year (approx.), which shows the share price has grown well recently.
भालू का मामला:
- Profit margins are around 12–15%, which means the company keeps a limited part of its sales as profit.
- The company depends a lot on the real estate and interior decoration market, so if these markets slow down, the company’s sales may also slow down.
- Big paint companies in India have revenues of ₹20,000+ crore, which shows there is strong competition in the industry.
- Raw material prices like chemicals and resins can change by about 10–20% sometimes, which can affect the company’s profits.
निष्कर्ष
It is a growing company in the premium wood coatings and decorative paints market in India. The company has increased its sales in the past few years and has built a strong name in interior finishing products. It also has a wide sales network in many parts of India and modern manufacturing facilities in the country. Its focus on good-quality coatings and the growing demand from furniture, construction, and interior design industries can help the company grow in the long term.

