Retina Paints Ltd.

Retina Paints Ltd.

BBSE:RETINA
30.30
INR
-0.65
(-2.10%)
842.93MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
4.88
4.92
4.58
7.85
8.36
13.44
15.48
- -
Basic EPS, GAAP
0.03
0.03
0.08
0.22
0.53
0.85
0.42
- -
Free Cash Flow per Basic Share
-1.19
-2.02
-0.34
-5.32
-7.76
-7.98
-4.9
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.65
0.68
1.58
8.95
15.85
22.26
22.68
22.68
Tangible Book Value per Share
0.65
0.68
1.58
8.95
15.85
22.26
22.68
22.68
Basic Weighted Avg Shares
14
14
14
14
14
15
15
15
Sales/Revenue/Turnover
68
69
64
109
117
206
237
- -
Operating Margin (%)
4.13
6.61
7.4
4.69
-33.13
12.39
10.26
- -
Depreciation Expense
1
1
1
3
3
4
6
- -
Net Income, GAAP
- -
- -
1
3
7
13
6
- -
Effective Tax Rate (%)
46.53
39.75
43.32
26.35
28.42
29.56
33.57
- -
Profit Margin (%)
0.69
0.66
1.78
2.75
6.37
6.32
2.69
- -
Working Capital
22
24
26
50
129
236
270
270
LT Debt
19
44
40
21
25
23
77
77
Total Equity
9
10
22
125
221
341
348
348
Return on Invested Capital (%)
- -
4.72
3.97
4.58
-11.66
4.59
3.04
- -
Return on Capital (%)
- -
3.9
4.1
4.66
5.59
5.51
2.96
- -
Return on Common Equity (%)
- -
4.89
7.19
4.1
4.29
4.64
1.85
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
76
67
115
LT Borrowings
23
38
77
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
675
1,090
843

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
409
389
475
Cash, Cash Equivalents & STI
3
3
9
Accounts Receivable, Net
236
218
230
Inventories
57
99
116
Total Current Liabilities
174
141
204
Payables & Accruals
- -
- -
- -
ST Debt
76
67
115
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
146.36%
1.87%
Free Cash Flow
- -
278.39%
-38.59%
Net Income, GAAP
- -
97.19%
-50.98%
Sales/Revenue/Turnover
- -
32.62%
15.11%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
117
2025
- -
- -
206
2026
- -
- -
237

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.53
2025
- -
- -
0.85
2026
- -
- -
0.42

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Rakesh Domatti
Full Time Employees
55
Sector
Process industries
Industry
Industrial specialties
Address
Block No 2, Survey No. 184 & 185 Hyderabad TS India 500051
IPO Date
May 3, 2023
Business
Retina Paints Limited manufactures and sells decorative paints in India, offering a comprehensive range of products including interior emulsions such as Royal Vogue, Glow Premium, Glow Advanced, Zing+, Spark and Eye; exterior emulsions such as Weather Expert, Expo Ultimax and Expo Advanced; primers encompassing waterproof primers like Eco Damp and Eco Advanced, water-based primers including Jet Advanced and X-Gen+, and oil-based primers such as Red Oxide and Wood Primers; enamels like Elite PU Quick Drying Enamel and Elite High Sheen Synthetic Enamel; as well as putty and texture products including Coarse Putty, Retina Wall Fix and Retina Textures; distempers; wall finishes; and spray plasters. The company, founded in 2010 and headquartered in Hyderabad, Telangana, operates primarily in the domestic market, targeting residential, commercial and office spaces with eco-friendly, low-VOC water-based paints sold through distributors and franchise outlets. In 2022, Retina Paints converted from a private limited to a public limited company, acquired its own manufacturing facility at Rayaraopet near Ghatkesar, Hyderabad, listed on the Bombay Stock Exchange under ticker RETINA.BO, and expanded its franchise network, inaugurating its fifth outlet at Medipally while introducing tinting machines and pursuing further outlets across India in FY2025.