Retina Paints Ltd543902Corporate

Paints Latest results: Mar 2026 8 quarters of data

₹39.00

MCap ₹60 Cr · P/E 93.5

Retina Paints Ltd — Stock analysis & AI research Retina Paints Ltd — Live exchange announcements

AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹16 Cr

Sales · Mar 2026

+6.4% YoY

₹2 Cr

Operating Profit · Mar 2026

-4.5% YoY

10.9%

OPM % · Mar 2026

-9.9% YoY

₹0 Cr

Net Profit · Mar 2026

-53.7% YoY

₹0.29

EPS · Mar 2026

-53.2% YoY

📝 Retina Paints Ltd — results explained

Quarter ended March 2026 (Q4 FY26)

Retina Paints Ltd reported revenue of ₹16 crore for the quarter ended March 2026 (Q4 FY26), up 6.4% from ₹15 crore in the same quarter last year.

Net profit fell 53.7% year-on-year to ₹0 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹0.29.

Operating profit stood at ₹2 crore — an operating margin (OPM) of 10.9%, compared with 12.1% in the year-ago quarter.

Full year and trailing twelve months

On a trailing-twelve-month (TTM) basis, revenue stands at ₹24 crore with a net profit of ₹1 crore.

Valuation snapshot

At the current price of ₹39.00, 543902 has a market capitalisation of ₹60 crore and a trailing P/E of about 93.5.

Within the Paints industry, it is the 5th-largest of the 5 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 53.87%, public shareholders 46.12% of Retina Paints Ltd.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹60 Cr

Current Price ?

₹39.0

P/E ?

93.48above ind

Industry P/E ?

23.60

P/B ?

1.72

P/S ?

2.52

P/FCF ?

-7.96

Enterprise Value ?

₹78 Cr

EV/EBITDA ?

27.83

PEG ?

3.22

Earnings Yield ?

2.9%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹24 Cr

OPM ?

11.8%

Profit after tax (TTM) ?

₹1 Cr

EPS (TTM) ?

₹0.42

ROCE ?

4.8%

ROE ?

1.8%

ROA ?

1.0%

Growth

Sales — latest qtr ?

₹16 Cr

PAT — latest qtr ?

₹0 Cr

YoY qtr sales growth ?

6.4%

YoY qtr profit growth ?

-53.7%

Sales growth (3y) ?

33%

Sales growth (5y) ?

31%

Profit growth (3y) ?

29%

Profit growth (5y) ?

67%

Financial Health

Debt ?

₹18 Cr

Debt to Equity ?

0.53

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

53.87%

Change in promoter holding ?

-5.41%

Pledged percentage ?

N/A

Market

Return 3 months ?

-9.3%

Return 6 months ?

-27.1%

🗓️ Quarterly results (8 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026	YoY %	QoQ %
Sales	5	6	5	6	6	15	8	16	+6.4%	—
Operating Profit	1	0	-2	-2	1	2	1	2	-4.5%	—
Other Income	0	0	0	6	0	0	0	0	-60.0%	—
Interest	0	0	0	0	0	0	1	1	+80.4%	—
Depreciation	0	0	0	-0	0	0	0	0	+40.9%	—
Profit Before Tax	0	0	-2	3	0	1	0	1	-50.7%	—
Net Profit	0	0	-2	3	0	1	0	0	-53.7%	—
EPS	0.92	0.13	-1.54	2.07	0.25	0.62	0.13	0.29	-53.2%	—
OPM %	12.7%	2.9%	-33.3%	-29.7%	17.5%	12.1%	13.8%	10.9%	-9.9%	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	10.24	13.94	15.34	15.34	+0.0%
Reserves	2.24	8.16	18.81	19.45	+3.4%
Borrowings	4.29	6.89	9.85	18.39	+86.7%
Other Liabilities	3.30	5.46	10.09	9.87	-2.2%
Total Liabilities	20.07	34.45	54.09	63.05	+16.6%
Fixed Assets	9.57	11.52	12.58	15.26	+21.3%
CWIP	0.00	0.00	0.00	0.00	—
Investments	0.00	0.00	0.18	0.18	+0.0%
Other Assets	10.50	22.93	41.33	47.61	+15.2%
Total Assets	20.07	34.45	54.09	63.05	+16.6%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	-1.26	-8.57	-10.79	-4.26	+60.5%
Cash from Investing Activity	-6.16	-2.09	-1.52	-3.26	-114.5%
Cash from Financing Activity	7.54	10.65	12.27	8.08	-34.1%
Net Cash Flow	0.13	-0.01	-0.03	0.57	+2000.0%
Free Cash Flow	-7.42	-10.81	-12.25	-7.52	+38.6%
CFO/OP	-143%	237%	-357%	-136%	+61.9%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
ROCE %	6.47%	7.78%	8.06%	4.84%	-40.0%
Debtor Days	151.60	356.55	418.63	354.24	-15.4%
Inventory Days	225.48	462.65	230.55	438.76	+90.3%
Days Payable	151.30	230.99	203.50	143.73	-29.4%
Cash Conversion Cycle	225.78	588.21	445.69	649.26	+45.7%
Working Capital Days	169.05	398.18	416.86	408.51	-2.0%

👥 Shareholding (latest 4 periods)

Metric	Sep 2024	Mar 2025	Sep 2025	Mar 2026	% Chg
Promoters	59.28%	53.87%	53.87%	53.87%	+0.0%
Public	40.72%	46.12%	46.13%	46.12%	-0.0%
No. of Shareholders	342	369	401	405	+1.0%

⚖️ Peer comparison

Industry: Paints · 5 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	JSWDULUX JSW Dulux	₹3,183.00	14,495	7.4	3,577	1,963	13.7%	54.9%	—	—	-3.0%	-12.4%
2	SIRCA Sirca Paints	₹406.90	2,317	34.2	508	67	19.8%	13.2%	31.5%	34.4%	13.8%	12.6%
3	KAMOPAINTS Kamdhenu Ventures	₹4.32	142	—	241	-5	1.7%	-2.1%	-7.8%	-96.9%	-7.9%	-605.6%
4	SIDDHIKA Siddhika Coatins	₹152.40	94	9.1	58	10	21.9%	17.9%	—	—	10.1%	30.5%
5	543902 Retina Paints	₹75.50	60	179.8	24	1	11.8%	2.7%	—	—	6.4%	-53.7%

❓ Frequently asked questions

What was Retina Paints Ltd's revenue in Q4 FY26?