Retina Paints share price, P/E, ROE & financials

On 6 Nov 2026, Retina Paints was priced at ₹26.97, or 64.2× trailing earnings, against an industry P/E of 22.1×, and the shares are 65% below their 52-week high. Sales and net profit grew 29% and 29% a year over 3 years; its ROCE of 5.1% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.55× equity. It is listed on an SME platform with a market cap of ₹41 Cr, ranked 170th of 204 Specialty Chemicals companies by market cap; the shares fell 60% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes.How we calculate this

past year

Open: ₹26.97
Day high: ₹26.97
Day low: ₹26.97
Prev. close: ₹27.30
Volume: 2K

Health check

1 good · 5 to check

ReturnsBehind
−59.9% over a year, better than 0 of 7 peers.
Price tagPricier
P/E 64.2 vs industry 22.1.
GrowthStrong
Sales +29.4%, profit +28.6% a year over 3 years.
ProfitabilityWeak
ROCE 5.1% vs peer median 24.4%.
Balance sheetStretched
Debt 0.55× equity, interest covered 1.8×, Piotroski 3 of 9.
Red flags5 to check
Return on equity is low at 1.9%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹41 Cr, #170 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months: sales ₹24 Cr · profit ₹1 Cr

Market cap: ₹41 Cr; Small cap
P/E: 64.2; Industry 22.1
Price to book: 1.19; Peers 13.33
Dividend yield: 0.00%
ROE: 1.9%; Peers 23.0%
ROCE: 5.1%; Peers 24.4%
Debt to equity: 0.55; Debt ₹19 Cr
EPS (TTM): ₹0.42
OPM (TTM): 10.0%; Net margin 2.7%
Sales growth: +6.4%; Latest quarter vs a year ago
Profit growth: −49.5%; Latest quarter vs a year ago
Price to sales: 1.74; EV/EBITDA 20.0

Risks to check

Return on equity is low at 1.9%.
Quarterly profit down 49.5% on a year ago.
P/E of 64.2 against an industry P/E of 22.1.
65% below its 52-week high.
Interest coverage of only 2.5×.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Retina Paints

Retina Paints Limited manufactures and sells paints in India. It offers emulsions, primers, distempers, enamels, and putty/ texture products. The company was incorporated in 2010 and is headquartered in Hyderabad, India.

Headquarters: Hyderabad
Employees: 162
Sector: Basic Materials
ISIN: INE0NTC01019
Website: retinapaints.com

Price range

52 weeks

₹26.00₹77.95

Today

₹26.97₹26.97

Avg volume (3M): 27.7K
1-year return: minus 59.9%
From 52-week high: minus 65.4%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASIANPAINTAsian Paints	2,546.00	plus 0.88%	2,44,025	50.5	35.0	24.4%	18.9%	0.21	1.1%	plus 1.5%
SOLARINDSSolar Industries India	18,608.00	plus 0.48%	1,68,384	74.4	64.1	29.5%	27.8%	0.22	12.4%	plus 35.9%
PIDILITINDPidilite Industries	1,579.00	plus 1.63%	1,60,827	60.0	44.4	28.5%	23.5%	0.03	7.4%	plus 6.8%
LINDEINDIALinde India	6,859.00	plus 8.73%	58,496	118.4	64.2	16.3%	31.5%	0.23	–	plus 5.4%
BERGEPAINTBerger Paints India	478.35	minus 5.28%	55,776	45.4	29.4	20.6%	15.3%	0.15	4.2%	minus 6.0%
FLUOROCHEMGujarat Fluorochemicals	4,665.50	minus 0.94%	51,251	75.9	44.0	9.6%	24.1%	0.26	−4.5%	plus 28.0%
ACUTAASAcutaas Chemicals	3,786.60	plus 0.42%	31,001	70.9	64.1	27.7%	39.4%	0.01	29.4%	plus 105.6%
RETINARetina Paints	26.97	minus 1.21%	41	64.2	19.9	5.1%	10.0%	0.55	29.4%	minus 59.9%
Median of 7 peers	–	0.48%	58,496	70.9	44.4	24.4%	24.1%	0.21	5.8%	6.8%

Quarterly results

This company doesn’t report these figures in a format we can read yet.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +29.4%
Profit CAGR 3Y: +28.6%
ROE: 1.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.9	11.7	20.6	23.7
–	+6.5%	+76.9%	+15.1%
10.1	15.2	17.7	20.7
0.8	−3.6	3	3
7.6%	−30.6%	14.4%	12.7%
0	5.6	0.3	−0.3
0.4	0.7	1	1.2
0.3	0.3	0.4	0.6
0.3	0	–	–
0.4	1	1.9	1
26.3%	28.4%	29.6%	33.6%
0.3	0.7	1.3	0.6
–	+146.9%	+75.6%	minus 51.0%
0.22	0.54	0.85	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.2	13.9	15.3	15.3
2.2	8.2	18.8	19.4
4.3	6.9	9.8	19.3
3.3	5.3	9.8	9
20.1	34.3	53.8	63
9.6	11.5	12.6	15.3
0.4	0.9	0.3	0.9
10.1	21.9	40.9	46.9
20.1	34.3	53.8	63

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−1.3	−8.6	−10.8	−4.3
−6.2	−2.1	−1.5	−3.3
7.5	10.7	12.3	8.1
0.1	−0	−0	0.6
−6.2	−2.2	−1.5	−3.3
−7.4	−10.8	−12.2	−7.5

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you