Retina Paints Ltd
Incorporated in 2010, Retina Paints Ltd is in the business of manufacturing and selling of Paints[1]
- Market Cap ₹ 69.0 Cr.
- Current Price ₹ 45.0
- High / Low ₹ 83.0 / 44.0
- Stock P/E 108
- Book Value ₹ 22.7
- Dividend Yield 0.00 %
- ROCE 4.84 %
- ROE 1.86 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.34% over last 3 years.
- Company has high debtors of 354 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Paints
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 6.04 | 6.13 | 6.56 | 10.04 | 11.66 | 20.62 | 23.74 | |
| 5.69 | 5.62 | 5.98 | 9.22 | 15.24 | 17.66 | 20.93 | |
| Operating Profit | 0.35 | 0.51 | 0.58 | 0.82 | -3.58 | 2.96 | 2.81 |
| OPM % | 5.79% | 8.32% | 8.84% | 8.17% | -30.70% | 14.35% | 11.84% |
| -0.02 | 0.00 | 0.09 | 0.30 | 5.67 | 0.39 | 0.12 | |
| Interest | 0.18 | 0.36 | 0.34 | 0.40 | 0.76 | 1.09 | 1.39 |
| Depreciation | 0.07 | 0.06 | 0.10 | 0.31 | 0.30 | 0.41 | 0.58 |
| Profit before tax | 0.08 | 0.09 | 0.23 | 0.41 | 1.03 | 1.85 | 0.96 |
| Tax % | 37.50% | 44.44% | 34.78% | 26.83% | 29.13% | 29.73% | 34.38% |
| 0.05 | 0.05 | 0.16 | 0.30 | 0.74 | 1.30 | 0.64 | |
| EPS in Rs | 0.69 | 0.69 | 0.86 | 0.29 | 0.53 | 0.85 | 0.42 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 33% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 67% |
| 3 Years: | 29% |
| TTM: | -51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.72 | 0.72 | 1.85 | 10.24 | 13.94 | 15.34 | 15.34 |
| Reserves | 0.19 | 0.23 | 0.52 | 2.24 | 8.16 | 18.81 | 19.45 |
| 3.19 | 6.14 | 5.88 | 4.29 | 6.89 | 9.85 | 18.39 | |
| 2.60 | 2.77 | 3.37 | 3.30 | 5.46 | 10.09 | 9.87 | |
| Total Liabilities | 6.70 | 9.86 | 11.62 | 20.07 | 34.45 | 54.09 | 63.05 |
| 0.27 | 0.50 | 1.85 | 9.57 | 11.52 | 12.58 | 15.26 | |
| CWIP | 0.22 | 2.54 | 1.88 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.18 |
| 6.21 | 6.82 | 7.89 | 10.50 | 22.93 | 41.33 | 47.61 | |
| Total Assets | 6.70 | 9.86 | 11.62 | 20.07 | 34.45 | 54.09 | 63.05 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -1.45 | -2.51 | -0.25 | -1.26 | -8.57 | -10.79 | -4.26 | |
| -0.20 | -0.29 | -0.13 | -6.16 | -2.09 | -1.52 | -3.26 | |
| 1.62 | 2.74 | 0.54 | 7.54 | 10.65 | 12.27 | 8.08 | |
| Net Cash Flow | -0.02 | -0.06 | 0.15 | 0.13 | -0.01 | -0.03 | 0.57 |
| Free Cash Flow | -1.66 | -2.81 | -0.38 | -7.42 | -10.81 | -12.25 | -7.52 |
| CFO/OP | -406% | -484% | -29% | -143% | 237% | -357% | -136% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 172.83 | 219.71 | 205.31 | 151.60 | 356.55 | 418.63 | 354.24 |
| Inventory Days | 242.62 | 248.16 | 292.89 | 225.48 | 462.65 | 230.55 | 438.76 |
| Days Payable | 209.34 | 201.81 | 211.88 | 151.30 | 230.99 | 203.50 | 143.73 |
| Cash Conversion Cycle | 206.11 | 266.06 | 286.32 | 225.78 | 588.21 | 445.69 | 649.26 |
| Working Capital Days | 122.67 | 135.16 | 132.42 | 169.05 | 398.18 | 416.86 | 408.51 |
| ROCE % | 8.04% | 7.43% | 6.47% | 7.78% | 8.06% | 4.84% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Trade Receivables Turnover Ratio Times |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
28 May - Retina Paints reappointed secretarial, internal and tax auditors for FY 2026-27.
-
Audited Financial Results For The Half Year And Year Ended On 31St Of March 2026.
28 May - Board approved audited FY26 results; PAT ₹64.39 lakh and auditors reappointed for FY27.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th May 2026 For Audited Financial Statements For The Half Year And Financial Year Ended March 31, 2026
28 May - Board approved audited FY26 results, unmodified audit opinion, and auditor reappointments.
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Board Meeting Intimation for Board Meeting Intimation For Considering The Audited Standalone Financial Results Of The Company For The Half Year/Year Ended 31St March 2026; Considering Any Other Business Matters.
21 May - Board meeting on 28 May 2026 to approve audited standalone FY2026 results; trading window closed from 1 April.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - Retina Paints confirms it is not a Large Corporate as of 31 March 2026; borrowing was Rs. 8.63 crore.
Product & Brands:
RPL provides high-quality paint solutions from durable exterior paints to vibrant
interior option:
a) Interior Emulsions:[1]
Retina Royal Vogue, Retina Glow Premium,
Retina Glow Advanced
b) Primers:[2]
Retina Eco Damp, Retina Eco Advanced,
Retina Jet Advanced, Retina X – Gen+
c) Exterior Emulsions:[3]
Retina Weather Expert, Retina Expo Ultimax,
Retina Expo Advanced
d) Emulsion /Distempers:[4]
Retina Zing+, Retina Spark, Retina Eye