Retina Paints Limited
BSE: RETINA · Paints · sector
₹28.18BSE close 2026-10-26
Key numbers
Market cap₹43 cr
Price₹28.18
52w high / low₹78 / ₹28
P/E67.1xSector median 34.4x
P/B2.2xSector median 4.2x
Book value₹12.7
Dividend yield–Sector median 0.96%
ROE3.3%Sector median 14.9%
ROCE12.1%Sector median 18.6%
OPM11.8%Sector median 15.5%
Debt / equity–Sector median 0.08x
EV/EBITDA15.0xSector median 19.8x
Interest cover1.7x
Current ratio2.34x
Sales growth 3y+29.4%Sector median +4.0%
Profit growth 3y+28.7%Sector median +9.4%
PEG5.11x
Last 12 months to Mar 2026, Standalone. "Sector median" = middle value of 9 companies in Paints (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Operating profit covered interest 1.7x in the last 12 months.
- Other income was 19% of net profit in the last 12 months.
- No dividend in the last 4 financial years.
- Price ₹28.18 on 2026-10-26: -63.8% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹79.98 · low ₹28.18
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 15 | 8 | 16 |
| EBITDA | 2 | 1 | 2 |
| OPM % | 12.0% | 13.8% | 10.9% |
| Other income | 0 | 0 | 0 |
| Net profit | 1 | 0 | 0 |
| EPS (₹) | 0.62 | 0.13 | 0.29 |
Standalone figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 11 | 12 | 21 | 24 | 24 |
| EBITDA | 1 | -4 | 3 | 3 | 3 |
| Net profit | 0 | 1 | 1 | 1 | 1 |
| EPS (₹) | 0.29 | 0.54 | 0.85 | 0.42 | 0.42 |
| Revenue growth | +6.5% | +76.8% | +15.1% | – | |
| Profit growth | +146.7% | +75.7% | -50.8% | – | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +29.4% | – | – |
| Net profit | +28.7% | – | – |
| EPS | +13.1% | – | – |
| Share price | – | -36.2% (2y) | -55.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 19 | 19 |
| Cash & equivalents | 0 | 1 |
| Total assets | 54 | 63 |
| Fixed assets | 13 | 15 |
| Investments | 0 | 0 |
| Inventory | 6 | 12 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -11 | -4 |
| Cash from investing | -2 | -3 |
| Cash from financing | 12 | 8 |
| Capex | 1 | 3 |
| Free cash flow | -12 | -8 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 6.9% | 3.3% |
| ROCE % | 14.8% | 12.1% |
| Inventory days | 231 | 439 |
| Working capital days | 422 | 422 |
Peers in Paints
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ASIANPAINT | ₹2,22,726 cr | 46.7x | 10.4x | 23.4% | 28.0% | 19.0% | +1.1% | 1.09% |
| BERGEPAINT | ₹54,312 cr | 44.6x | 7.8x | 18.6% | 21.3% | 15.5% | +4.0% | 0.82% |
| KANSAINER | ₹14,447 cr | 24.1x | 2.1x | 9.1% | 12.5% | 11.3% | +2.2% | 2.10% |
| JSWDULUX | ₹12,700 cr | 6.5x | 5.2x | 103.8% | 96.8% | 65.0% | -1.8% | 6.67% |
| INDIGOPNTS | ₹4,872 cr | 30.3x | 4.2x | 14.9% | 19.3% | 18.2% | +9.4% | 0.34% |
| SIRCA | ₹2,331 cr | 34.4x | 4.9x | 16.2% | 18.6% | 19.7% | +22.5% | 0.35% |
| SHALPAINTS | ₹673 cr | – | 2.7x | -24.5% | -11.2% | -5.6% | +5.8% | – |
| KAMOPAINTS | ₹123 cr | – | 0.7x | -2.4% | -0.6% | 1.7% | -1.9% | – |
| RETINA | ₹43 cr | 67.1x | 2.2x | 3.3% | 12.1% | 11.8% | +29.4% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Paints |
| Sub-industry | Paints |
| Symbol | RETINA |
| BSE code | 543902 |
| ISIN | INE0NTC01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.