Siddhika Coatings Ltd

SIDDHIKA

Watchlist

AI Mode

‌

Market Cap

₹ 136 Cr

P/E

16.72

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

REASONABLE

Growth

EXCEPTIONAL

Profitability

HIGH MARGIN

Technicals

Bullish

Risk

HIGH RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Siddhika Coatings Limited specializes in coatings and oil paints, serving as an authorized marketing agent and strategic channel partner for Japanese company SK Kaken Ltd.

The company has expanded operations across multiple Indian cities, including Kolkata, Bangalore, Hyderabad, and Mumbai, indicating significant market penetration.

In 2013, Siddhika Coatings achieved a milestone by completing a substantial 2 lakh sq. meter of paint work within a year.

The company leveraged its strong partnership with SKK to enhance its reputation in architectural coatings, marking over a decade of collaboration.

A successful IPO in March 2021 raised Rs. 4.70 Crore, supporting its growth and market presence expansion.

Sector

Paints/Varnish

Industry

Paints / Varnishes

Market Cap

136 Cr

Volatility

Moderate Risk

P/E Ratio

16.7

Industry P/E

58.6

PEG Ratio

0.2

P/B Ratio

3.5

52W High

243.00

52W Low

154.05

Sales CAGR

32.23%

33.05%

10.24%

10Y

—

Profit CAGR

69.78%

70.73%

22.89%

10Y

—

ROE

TTM

21.95%

17.91%

14.49%

10Y

—

ROCE

TTM

29.51%

23.67%

19.01%

10Y

—

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
KANSAINER	226.05	18,297 Cr	28.11	2.83	1.66	10.06	12.84	13.35
AKZOINDIA	3635.40	16,571 Cr	42.33	7.35	2.75	17.36	22.06	54.53
INDIGOPNTS	1248.90	5,921 Cr	41.14	5.55	0.28	13.49	17.10	9.83
SHALPAINTS	59.00	495 Cr	—	2.82	0.00	-22.64	-8.75	-9.37
SIDDHIKA	219.90	136 Cr	16.72	3.52	1.50	21.95	29.51	17.02
RETINA	67.69	104 Cr	140.90	3.16	0.00	14.46	15.28	9.53
MCON	61.05	45 Cr	19.69	1.35	0.00	6.58	8.42	3.21

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Half Yearly Results (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	11	8.89	12	14	19	17	21	25	25	30
Expenses	9.92	8.35	11	13	16	14	18	20	20	24
Interest	0.01	0.01	0.00	0.01	0.01	0.01	0.01	0.01	0.00	0.00
Operating Profit	1.17	0.54	1.45	1.91	2.75	2.92	3.35	5.15	4.94	6.46
OPM %	10.55	6.07	12.12	13.19	14.42	17.46	15.68	20.66	19.44	21.56
Other Income	0.08	0.08	0.28	0.18	0.35	0.26	0.76	0.76	0.67	0.54
Depreciation	0.08	0.06	0.08	0.09	0.10	0.09	0.10	0.11	0.16	0.14
Profit Before Tax	1.16	0.55	1.65	1.99	2.98	3.08	3.98	5.78	5.45	6.85
Tax %	26.72	25.45	18.79	23.62	24.83	25.00	31.91	22.15	26.06	25.26
Net Profit	0.85	0.41	1.34	1.52	2.25	2.32	2.72	4.50	4.03	5.13
EPS in Rs	—	—	—	—	—	—	—	—	—	—

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	22	32	30	17	21	34	38	50
Expenses	18	27	26	16	19	29	32	40
Operating Profit	3.54	4.76	3.95	1.40	1.99	4.67	6.27	10
OPM %	16.09	14.91	13.10	8.20	9.54	13.91	16.46	20.05
Other Income	0.17	0.30	0.29	0.19	0.36	0.53	1.02	1.44
Interest	0.04	0.05	0.04	0.02	0.01	0.03	0.02	0.02
Depreciation	0.12	0.14	0.16	0.14	0.14	0.19	0.19	0.27
Profit Before Tax	3.54	4.87	4.04	1.43	2.20	4.97	7.07	11
Tax %	27.63	27.86	25.20	26.82	20.65	24.20	28.80	24.04
Net Profit	2.56	3.51	3.02	1.05	1.74	3.77	5.03	8.54
EPS in Rs	—	—	—	—	—	—	—	—
Dividend Payout %	11.04	9.68	14.99	43.29	42.48	24.59	20.26	23.88

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.23	0.23	2.27	2.27	3.09	3.09	3.09	6.18
Reserves	11	14	15	16	21	24	28	32
Borrowings	0.26	0.33	0.33	0.33	0.28	0.00	0.00	0.00
Other Liabilities	3.63	5.65	5.57	3.20	4.09	7.87	9.97	9.50
Total Liabilities	15	21	23	22	28	35	41	48
Fixed Assets	0.36	0.57	0.57	0.49	0.68	0.66	0.79	1.05
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	2.64	2.42	4.34	6.73	8.91	12	17	22
Other Assets	12	18	18	14	19	22	23	25
Total Assets	15	21	23	22	28	35	41	48

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	0.88	1.15	4.09	0.32	4.28	4.81	4.22	4.79
Cash from Investing Activity	0.04	0.01	-2.75	-2.30	-2.22	-2.66	-5.07	-4.33
Cash from Financing Activity	-0.33	-0.34	-0.59	-0.02	4.03	-1.05	-0.95	-1.04
Net Cash Flow	0.58	0.82	0.75	-2.00	6.09	1.10	-1.80	-0.58

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Mar 2021	Apr 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Jul 2024	Sep 2024	Mar 2025	Sep 2025
Promoters	83.65%	61.34%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.53%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	16.35%	38.66%	36.91%	36.91%	36.91%	36.91%	36.91%	36.91%	36.91%	36.38%	36.91%	36.91%
Total Shareholders	42	298	194	173	166	168	223	242	398	428	440	451

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Nov 11, 2024	Ark global emerging companies lp	Bulk	Sell	162.95	0.54 Cr	33,000	0.53
Jul 26, 2023	Venkataswamynaidunimmakayala	Bulk	Sell	183.13	0.40 Cr	22,000	0.35
Jul 25, 2023	Venkataswamynaidunimmakayala	Bulk	Buy	197.86	0.44 Cr	22,000	0.35
Jul 25, 2023	Soho ltd	Bulk	Sell	198.00	0.34 Cr	17,000	0.27
Jul 13, 2023	Venkataswamynaidunimmakayala	Bulk	Sell	181.44	0.49 Cr	27,000	0.43
May 26, 2023	Abhijeet banerjee	Bulk	Sell	228.00	1.00 Cr	44,000	0.71

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
KANSAINER	226.05	18,297 Cr	28.11	2.83	1.66	10.06	12.84	13.35
AKZOINDIA	3635.40	16,571 Cr	42.33	7.35	2.75	17.36	22.06	54.53
INDIGOPNTS	1248.90	5,921 Cr	41.14	5.55	0.28	13.49	17.10	9.83
SHALPAINTS	59.00	495 Cr	—	2.82	0.00	-22.64	-8.75	-9.37
SIDDHIKA	219.90	136 Cr	16.72	3.52	1.50	21.95	29.51	17.02
RETINA	67.69	104 Cr	140.90	3.16	0.00	14.46	15.28	9.53
MCON	61.05	45 Cr	19.69	1.35	0.00	6.58	8.42	3.21

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Half Yearly Results (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	11	8.89	12	14	19	17	21	25	25	30
Expenses	9.92	8.35	11	13	16	14	18	20	20	24
Interest	0.01	0.01	0.00	0.01	0.01	0.01	0.01	0.01	0.00	0.00
Operating Profit	1.17	0.54	1.45	1.91	2.75	2.92	3.35	5.15	4.94	6.46
OPM %	10.55	6.07	12.12	13.19	14.42	17.46	15.68	20.66	19.44	21.56
Other Income	0.08	0.08	0.28	0.18	0.35	0.26	0.76	0.76	0.67	0.54
Depreciation	0.08	0.06	0.08	0.09	0.10	0.09	0.10	0.11	0.16	0.14
Profit Before Tax	1.16	0.55	1.65	1.99	2.98	3.08	3.98	5.78	5.45	6.85
Tax %	26.72	25.45	18.79	23.62	24.83	25.00	31.91	22.15	26.06	25.26
Net Profit	0.85	0.41	1.34	1.52	2.25	2.32	2.72	4.50	4.03	5.13
EPS in Rs	—	—	—	—	—	—	—	—	—	—

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	22	32	30	17	21	34	38	50
Expenses	18	27	26	16	19	29	32	40
Operating Profit	3.54	4.76	3.95	1.40	1.99	4.67	6.27	10
OPM %	16.09	14.91	13.10	8.20	9.54	13.91	16.46	20.05
Other Income	0.17	0.30	0.29	0.19	0.36	0.53	1.02	1.44
Interest	0.04	0.05	0.04	0.02	0.01	0.03	0.02	0.02
Depreciation	0.12	0.14	0.16	0.14	0.14	0.19	0.19	0.27
Profit Before Tax	3.54	4.87	4.04	1.43	2.20	4.97	7.07	11
Tax %	27.63	27.86	25.20	26.82	20.65	24.20	28.80	24.04
Net Profit	2.56	3.51	3.02	1.05	1.74	3.77	5.03	8.54
EPS in Rs	—	—	—	—	—	—	—	—
Dividend Payout %	11.04	9.68	14.99	43.29	42.48	24.59	20.26	23.88

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.23	0.23	2.27	2.27	3.09	3.09	3.09	6.18
Reserves	11	14	15	16	21	24	28	32
Borrowings	0.26	0.33	0.33	0.33	0.28	0.00	0.00	0.00
Other Liabilities	3.63	5.65	5.57	3.20	4.09	7.87	9.97	9.50
Total Liabilities	15	21	23	22	28	35	41	48
Fixed Assets	0.36	0.57	0.57	0.49	0.68	0.66	0.79	1.05
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	2.64	2.42	4.34	6.73	8.91	12	17	22
Other Assets	12	18	18	14	19	22	23	25
Total Assets	15	21	23	22	28	35	41	48

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	0.88	1.15	4.09	0.32	4.28	4.81	4.22	4.79
Cash from Investing Activity	0.04	0.01	-2.75	-2.30	-2.22	-2.66	-5.07	-4.33
Cash from Financing Activity	-0.33	-0.34	-0.59	-0.02	4.03	-1.05	-0.95	-1.04
Net Cash Flow	0.58	0.82	0.75	-2.00	6.09	1.10	-1.80	-0.58

Overview

Detailed Summary

Siddhika Coatings Limited specializes in coatings and oil paints, serving as an authorized marketing agent and strategic channel partner for Japanese company SK Kaken Ltd.

The company has expanded operations across multiple Indian cities, including Kolkata, Bangalore, Hyderabad, and Mumbai, indicating significant market penetration.

In 2013, Siddhika Coatings achieved a milestone by completing a substantial 2 lakh sq. meter of paint work within a year.

The company leveraged its strong partnership with SKK to enhance its reputation in architectural coatings, marking over a decade of collaboration.

A successful IPO in March 2021 raised Rs. 4.70 Crore, supporting its growth and market presence expansion.

Sector

Paints/Varnish

Industry

Paints / Varnishes

Market Cap

136 Cr

Volatility

Moderate Risk

P/E Ratio

16.7

Industry P/E

58.6

PEG Ratio

0.2

P/B Ratio

3.5

52W High

243.00

52W Low

154.05

Sales CAGR

32.23%

33.05%

10.24%

10Y

—

Profit CAGR

69.78%

70.73%

22.89%

10Y

—

ROE

TTM

21.95%

17.91%

14.49%

10Y

—

ROCE

TTM

29.51%

23.67%

19.01%

10Y

—