SHALPAINTS · NSE

Shalimar Paints Limited

₹86.19

+4.42% (+₹3.65)

Prev. close

₹82.54

Volume

24,84,740

Delivery %

34.3%

As of

05 Aug 2026

Price history

₹86.19+₹34.72 (+67.46%) · 3M
27 Apr 202605 Aug 2026
₹86.19₹48.1727 Apr20 May15 Jun08 Jul05 Aug
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Shalimar Paints Limited in the last 90 days.

Fundamentals

About Shalimar Paints Limited

Shalimar Paints Limited engages in the manufacture and sale of paints and coatings in India and internationally. It provides decorative paints for interior and exterior surfaces, concrete, plasters, metals; fibre reinforced elastomeric coating; undercoat and topcoat for metal and wood; and marine coatings. The company also offers emulsions, enamels, distemper, primer, epoxy, aluminum, and zinc rich coatings, as well as putty, cement-based, finishes, floors, and waterproofing paint products and solutions. It offers its products under the Shalimar brand name. In addition, the company provides a tinting system under the Color Space brand name. Shalimar Paints Limited was incorporated in 1902 and is based in Thane, India.

Details

Sector

Basic Materials

Industry

Specialty Chemicals

CEO

Mr. Kuldip Raina

Headquarters

Thane

Key stats

Market cap

₹765.04 Cr

EPS (TTM)

₹-7.76

Beta (1Y · daily vs NIFTY 50)

1.77

Beta (5Y · monthly vs NIFTY 50)

0.76

Shares float

2.05 Cr

EPS · quarter ended Mar 2026

₹-0.88

Financial Performance

01 · Financials

-500 Cr0 Cr500 Cr1000 Cr-20%0%20%40%FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.8% on Mar 2023. FY22 growth needs FY21 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-15-10-50FY22FY23FY24FY25

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-25%0%25%50%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr250 Cr500 Cr750 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr250 Cr500 Cr750 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-100 Cr0 Cr100 Cr200 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹325.56 Cr₹358.10 Cr₹485.55 Cr₹534.91 Cr₹599.06 Cr₹575.63 Cr
EBITDA₹8.82 Cr₹-28.61 Cr₹-10.78 Cr₹-48.73 Cr₹-46.84 Cr₹-20.48 Cr
₹-49.87 Cr₹-64.24 Cr₹-36.15 Cr₹-73.85 Cr₹-81.17 Cr₹-64.95 Cr
Diluted EPS₹-10.76₹-5.01₹-9.52₹-9.7

Diluted EPS has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹489.68 Cr₹646.71 Cr₹623.67 Cr₹669.56 Cr₹702.28 Cr₹640.56 Cr
₹140.07 Cr₹105.88 Cr₹163.86 Cr₹164.76 Cr
Stockholders' equity₹350.79 Cr₹352.55 Cr₹393.18 Cr₹314.98 Cr₹251.18 Cr

Current assets, Cash & equivalents, Non-current assets, Fixed assets, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3.12 Cr₹-40.32 Cr₹-47.93 Cr₹17.68 Cr₹-58.61 Cr₹31.40 Cr
Investing cash flow₹30.00 L₹-3.28 Cr₹-83.78 Cr₹-51.35 Cr₹-14.44 Cr₹-9.21 Cr
₹31.19 Cr₹205.56 Cr₹-6.87 Cr₹62.81 Cr₹27.31 Cr₹-24.07 Cr
Capital expenditure₹-3.35 Cr₹-4.82 Cr₹-11.18 Cr₹-57.21 Cr₹-32.24 Cr₹-10.18 Cr
End cash position₹21.21 Cr₹-23.83 Cr₹-25.71 Cr

Change in working capital, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemJun 21Sep 21(2Q)Dec 21Feb 22Sep 23(8Q)Oct 23Dec 23Mar 24Dec 24(4Q)Mar 25Jun 26(6Q)
Promoter53.10%53.10%39.92%41.31%31.90%75.73%74.96%
Public46.90%46.91%60.08%58.69%68.10%24.27%25.04%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Basic Materials

Company
UltraTech Cement Limited₹3.17 L Cr₹11,01436.94.1310.7%0.31+16.6%-12.8%
JSW Steel Limited₹3.06 L Cr₹1,275.612.43.0622.3%1.19+9.3%+13.8%
Hindustan Zinc Limited₹2.42 L Cr₹59614.210.6961.1%0.39+18.6%+31.0%
Asian Paints Limited₹2.35 L Cr₹2,451.349.311.0120.2%0.18+5.1%-1.1%
Tata Steel Limited₹2.28 L Cr₹187.2920.72.2310.6%0.90+6.2%+9.3%
Hindalco Industries Limited₹2.18 L Cr₹986.513.31.599.8%0.73+15.0%+31.5%
Grasim Industries Limited₹2.15 L Cr₹3,209.237.92.084.8%2.20+18.2%+11.5%
Solar Industries India Limited₹1.71 L Cr₹18,81586.127.2526.7%0.29+30.6%+27.0%
Vedanta Aluminium Metal Limited₹1.60 L Cr₹416.542.1
Pidilite Industries Limited₹1.58 L Cr₹1,572.159.814.5822.6%0.04+11.1%-48.5%
JINDAL STEEL LIMITED₹1.11 L Cr₹1,10341.12.196.6%0.44+5.5%+4.7%
Shalimar Paints Limited₹765.04 Cr₹86.193.05-25.9%0.66-4.0%+2.1%

Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 29

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

1 index

SHALPAINTS

Shalimar Paints AGM 2026 Voting Results NSE:SHALPAINTS

Kalkine India · 9 days ago

SHALPAINTS

Shalimar Paints' 20% spike days before Hella Infra share-swap disclosure risks regulatory scrutiny

livemint.com · 1 month ago