Shalimar Paints Limited
SHALPAINTS · 509874 · Consumer Discretionary · Paints
- Market cap
- Rs 677 Cr
- P/E
- No data: the source has not published this figure.
- P/B
- 3.39x
- 52W high / low
- Rs 95.95 / Rs 35.21
Our computed operating_margin (-12.09%) diverges from BSE's own published figure (2.96%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong. Our computed net_margin (-16.25%) diverges from BSE's own published figure (-4.04%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.
About Shalimar Paints
Shalimar Paints Limited is listed on the NSE under the symbol SHALPAINTS and on the BSE under scrip code 509874. It is classified in the Consumer Discretionary sector, industry: Paints. It is a constituent of BSE Consumer Discretionary. The company listed on 3 Mar 2008 and has a face value of Rs 2.
The latest available end-of-day price is Rs 80.87 (−0.54% on the day), for a market capitalisation of Rs 677 Cr. Price-to-book is 3.39x. The 52-week range is Rs 35.21 to Rs 95.95. The latest price is 75% of the way from the 52-week low to the 52-week high.
Against the 4-company comparison set from the official BSE basic industry Paints, its market capitalisation is 0.4 times the peer median of Rs 1,519 Cr. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Shalimar Paints Limited reported revenue of Rs 576 Cr and net profit of Rs -65 Cr, with a net margin of -11.28% and earnings per share of Rs -7.76 (consolidated statements).
Year-on-year change: revenue −4.39%; net profit not meaningful (a loss in one of the periods); EPS not meaningful (a loss in one of the periods). Three-year compound annual growth rate: revenue +5.71%; net profit not meaningful (a loss in one of the periods).
At the same date the balance sheet shows total assets of Rs 641 Cr, shareholders' equity of Rs 251 Cr, total debt of Rs 157 Cr, cash of Rs 7.1 Cr, a debt-to-equity ratio of 0.63 and operating cash flow of Rs 31.4 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 541 Cr, net income of Rs -87.9 Cr and a net margin of -16.25%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Shalimar Paints Limited's ownership is split: promoters 74.96%; foreign institutional investors (FIIs) 0.01%; domestic institutional investors (DIIs) 0.03%; retail and other shareholders 25.00%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.03 percentage points; DII holding 0.00 percentage points.
The same filing lists reported promoter pledge of 70.51% and 31,525 shareholders on record.
Recent filings and corporate actions
77 BSE corporate announcements were filed by Shalimar Paints Limited in the past twelve months; the most frequent category is "Company Update" (41). The most recent is "PFA Outcome of Board Meeting held on October 28, 2026" (Board Meeting), filed on 28 Oct 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Paints. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Indigo Paints Limited | Rs 1,011.8 | Rs 4,824 Cr | Rs 1,483 Cr | Rs 163 Cr | 29.97x | 14.95% |
| Sirca Paints India Limited | Rs 415.8 | Rs 2,361 Cr | Rs 514 Cr | Rs 67 Cr | 34.82x | 16.25% |
| Shalimar Paints LimitedThis company | Rs 80.87 | Rs 677 Cr | Rs 544 Cr | Rs -87.9 Cr | — | -31.03% |
| Kamdhenu Ventures Limited | Rs 3.77 | Rs 124 Cr | Rs 242 Cr | Rs -5.1 Cr | — | -2.37% |
| Median | Rs 248.34 | Rs 1,519 Cr | Rs 529 Cr | Rs 31 Cr | 32.40x | 6.29% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Shalimar Paints
Same official industry (Paints)
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Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.