| Quarterly Financials | Mar 2015 | Dec 2015 | Mar 2016 | Dec 2016 | Mar 2017 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 102 | 103 | 111 | 89 | 82 | 52 | 72 | 75 | 91 | 85 | 82 | 94 | 98 | 45 | 77 | 93 | 118 | 65 | 91 | 99 | 108 | 111 | 112 | 130 | 139 | 127 | 121 | 148 | 147 | 129 | 146 | 149 | 185 | 155 | 137 |
| Expenses | 102 | 95 | 101 | 85 | 86 | 64 | 78 | 87 | 136 | 85 | 82 | 93 | 124 | 52 | 72 | 87 | 113 | 77 | 99 | 103 | 108 | 113 | 115 | 130 | 141 | 130 | 139 | 153 | 167 | 150 | 158 | 164 | 185 | 161 | 140 |
| EBITDA | 0 | 9 | 10 | 4 | -4 | -12 | -6 | -11 | -46 | 0 | 0 | 0 | -26 | -7 | 5 | 6 | 5 | -11 | -8 | -4 | -0 | -2 | -4 | 0 | -3 | -3 | -18 | -5 | -20 | -20 | -11 | -15 | -1 | -6 | -3 |
| Operating Profit % | 0 % | 8 % | 8 % | 4 % | -7 % | -24 % | -9 % | -16 % | -52 % | 0 % | 0 % | 0 % | -49 % | -16 % | 6 % | 6 % | -1 % | -17 % | -9 % | -6 % | -2 % | -3 % | -4 % | -0 % | -4 % | -4 % | -17 % | -5 % | -16 % | -17 % | -9 % | -10 % | -4 % | -5 % | -5 % |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 |
| Interest | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 2 | 3 | 4 | 5 | 5 | 6 | 7 |
| Profit Before Tax | -6 | 3 | 3 | -3 | -11 | -20 | -15 | -20 | -54 | -6 | -8 | -8 | -35 | -15 | -3 | -2 | -3 | -19 | -17 | -13 | -10 | -10 | -11 | -6 | -10 | -10 | -26 | -12 | -26 | -27 | -20 | -24 | -10 | -17 | -14 |
| Tax | -3 | 0 | -1 | -3 | -2 | -6 | -5 | -6 | -11 | -1 | -2 | -2 | -13 | -4 | 0 | 5 | 25 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -3 | 2 | 4 | -0 | -10 | -15 | -10 | -14 | -43 | -5 | -5 | -5 | -22 | -11 | -4 | -7 | -29 | -19 | -17 | -13 | -9 | -10 | -11 | -6 | -10 | -10 | -26 | -12 | -26 | -27 | -20 | -24 | -10 | -17 | -14 |
| EPS in ₹ | -1.72 | 1.08 | 2.16 | -0.10 | -5.11 | -6.89 | -4.49 | -6.00 | -8.08 | -0.99 | -0.97 | -0.96 | -4.12 | -1.95 | -0.68 | -1.29 | -5.26 | -3.58 | -3.10 | -2.37 | -1.59 | -1.33 | -1.49 | -0.86 | -1.33 | -1.42 | -3.55 | -1.40 | -3.16 | -3.23 | -2.34 | -2.86 | -1.14 | -1.99 | -1.69 |
Shalimar Paints
Shalimar Paints
77.04
+2.50
(3.35%)
Key Fundamentals
Market Cap
28.30 Cr
EPS
-9.58
PE Ratio
-9.25
Dividend Yield
0.00 %
Industry
Consumer Goods 52 Week High
144.00
52 Week Low
69.66
PB Ratio
3.13
Debt to Equity
0.55
Sector
Paints Actual
Company News
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Shalimar Paints Reports Loss of ₹30.53 Crores for H1 FY26 Despite 6% Revenue GrowthToday
Shalimar Paints Limited reported a consolidated loss of ₹30.53 crores for the six months ended September 30, 2025, compared to a loss of ₹46.62 crores in the same period last year. Revenue from operations increased 6% to ₹300.28 crores versus ₹284.07 crores in H1 FY25. The company launched differentiated products in the emulsion category contributing 10% sales in Q2, appointed 100 distributors to strengthen rural market reach, and achieved a 20% increase in active dealer base. Management reported margin improvement of 5.1% over previous year H1, EBITDA improvement of ₹20 crores (7.6% over previous year H1), and reduced total inventory holding by ₹10 crores while implementing effective cost control measures across manpower, supply chain, and manufacturing costs.
Shalimar Paint Reports Revenue Decline But Reduces Net Loss in Q214 hours ago
Shalimar Paint reported Q2 revenue of 1.3 billion rupees, down from 1.4 billion rupees in the same quarter last year. The company's consolidated net loss narrowed to 141 million rupees compared to a loss of 196 million rupees in the prior year period.
Shalimar Paint reported a consolidated net loss of 167 million rupees in Q1, an improvement from the 270 million rupee loss in the same period last year. The company's revenue increased to 1.5 billion rupees compared to 1.28 billion rupees year-over-year. EBITDA loss also narrowed significantly to 74 million rupees from 211 million rupees in the previous year's corresponding quarter.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,769.80 | #1 2,54,878.00 | 73.08 | #1 34,478.20 | -4.71 | #1 3,710 | 46.78 | 80.61 | |
560.10 | 63,681.20 | 60.37 | 11,639.50 | 3.35 | 1,183 | -23.53 | 62.85 | |
245.53 | 19,715.30 | 17.84 | 7,962.10 | 0.87 | 1,109 | 11.27 | 44.28 | |
3,310.30 | 15,057.00 | 7.58 | 4,118.80 | 3.04 | 430 | #1 1,618.90 | 50.07 | |
1,232.50 | 5,733.20 | 40.65 | 1,359.20 | 2.95 | 142 | 13.45 | 79.05 | |
512.40 | 2,822.70 | 50.34 | 379.20 | 19.21 | 49 | 36.09 | 55.63 | |
7.97 | 250.90 | 44.28 | 266.70 | -8.85 | 7 | -16.67 | 34.42 | |
227.30 | 133.80 | 16.45 | 51.80 | #1 32.48 | 9 | 20.80 | 61.00 | |
68.30 | 103.50 | 142.29 | 21.00 | 21.39 | 1 | 88.89 | 48.13 | |
77.04 | #10 28.30 | #1 -9.25 | #6 608.90 | #4 12.14 | #10 -80 | #5 28.06 | 47.28 |
Growth Rate
Revenue Growth
12.14 %
Net Income Growth
8.67 %
Cash Flow Change
-431.50 %
ROE
35.52 %
ROCE
25.84 %
EBITDA Margin (Avg.)
-9.32 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 624 | 670 | 702 |
| Fixed Assets | 76 | 75 | 222 | 250 | 246 | 295 | 283 | 276 | 272 | 275 | 303 |
| Current Assets | 300 | 301 | 289 | 241 | 290 | 194 | 201 | 366 | 344 | 345 | 355 |
| Capital Work in Progress | 1 | 6 | 14 | 1 | 24 | 0 | 0 | 0 | 2 | 35 | 27 |
| Investments | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 305 | 311 | 296 | 244 | 325 | 241 | 222 | 371 | 350 | 360 | 372 |
| Total Liabilities | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 624 | 670 | 702 |
| Current Liabilities | 294 | 284 | 299 | 324 | 262 | 237 | 252 | 205 | 248 | 244 | 355 |
| Non Current Liabilities | 26 | 42 | 52 | 32 | 27 | 26 | 31 | 91 | 24 | 32 | 32 |
| Total Equity | 62 | 66 | 184 | 138 | 305 | 273 | 223 | 351 | 353 | 393 | 315 |
| Reserve & Surplus | 58 | 62 | 180 | 134 | 295 | 262 | 212 | 336 | 298 | 376 | 298 |
| Share Capital | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 14 | 14 | 17 | 17 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -4 | 8 | -1 | 7 | 70 | -83 | -0 | 157 | -139 | 11 | -46 |
| Investing Activities | -26 | -7 | -16 | -11 | -34 | -28 | -5 | -6 | -84 | -51 | -14 |
| Operating Activities | 38 | 38 | 34 | 36 | -94 | -9 | 16 | -62 | -48 | 18 | -59 |
| Financing Activities | -16 | -23 | -19 | -18 | 198 | -46 | -11 | 225 | -7 | 44 | 27 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Feb 2022 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Oct 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 53.10 % | 53.10 % | 53.10 % | 53.10 % | 39.92 % | 39.92 % | 39.92 % | 39.92 % | 39.92 % | 39.92 % | 39.92 % | 39.92 % | 41.31 % | 31.90 % | 75.73 % | 75.73 % | 75.73 % | 75.73 % | 74.96 % | 74.96 % | 74.96 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.03 % | 0.00 % | 0.00 % | 0.08 % | 0.02 % | 0.00 % | 0.00 % | 0.01 % | 0.00 % | 0.01 % |
| DIIs | 0.62 % | 0.62 % | 0.62 % | 0.60 % | 0.25 % | 0.25 % | 0.25 % | 1.62 % | 1.62 % | 1.62 % | 1.62 % | 2.04 % | 0.06 % | 0.06 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 34.68 % | 35.70 % | 36.40 % | 35.73 % | 27.03 % | 27.82 % | 19.00 % | 17.39 % | 17.78 % | 17.89 % | 17.93 % | 17.29 % | 9.63 % | 15.63 % | 18.20 % | 18.31 % | 20.36 % | 20.38 % | 20.59 % | 21.50 % | 21.63 % |
| Others | 11.61 % | 10.59 % | 9.89 % | 10.58 % | 32.80 % | 32.01 % | 40.83 % | 41.06 % | 40.67 % | 40.56 % | 40.52 % | 40.72 % | 49.00 % | 52.41 % | 5.97 % | 5.91 % | 3.88 % | 3.86 % | 4.41 % | 3.51 % | 3.36 % |
| No of Share Holders | 24,028 | 29,520 | 32,092 | 27,662 | 26,382 | 25,728 | 23,739 | 23,032 | 23,429 | 22,150 | 21,752 | 21,556 | 21,530 | 23,240 | 24,333 | 26,503 | 30,009 | 31,100 | 29,913 | 31,086 | 32,659 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 12 Nov 2025 |  Quarterly Result Announcement | NA | 12 Nov 2025 | 74.60 | 74.54 |
| 09 Nov 2018 |  Rights | 3:2 | 06 Nov 2018 | 65.94 | 90.10 |
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 142.80 | 138.18 |
| 12 Nov 2024 | Quarterly Result Announcement | NA | 12 Nov 2024 | 114.63 | 109.00 |
| 10 Feb 2025 | Quarterly Result Announcement | NA | 10 Feb 2025 | 139.60 | 135.10 |
| 26 May 2025 | Quarterly Result Announcement | NA | 26 May 2025 | 102.70 | 103.00 |
| 11 Aug 2025 | Quarterly Result Announcement | NA | 11 Aug 2025 | 78.42 | 75.14 |
| 26 Sept 2025 | Annual General Meeting | NA | 26 Sept 2025 | 72.53 | 78.22 |
Announcements
Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday November 12 2025
14 hours ago
14 hours agoFinancial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30 202515 hours ago
15 hours agoBoard Meeting Intimation for Adoption Of The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended September 30 2025 Is Scheduled To Be Held On Wednesday November 12 20255 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Newspaper PublicationOct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Oct 09, 2025Closure of Trading WindowSep 30, 2025
Sep 30, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 29, 2025
Sep 29, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025Clarification On Movement In PriceSep 19, 2025
Sep 19, 2025Clarification sought from Shalimar Paints LtdSep 19, 2025
Sep 19, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 12, 2025
Sep 12, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 02, 2025
Sep 02, 2025Letter Issued To Shareholders Providing Weblink For Annual Report FY 2024-25Sep 01, 2025
Sep 01, 2025Business Responsibility and Sustainability Reporting (BRSR)Sep 01, 2025
Sep 01, 2025Reg. 34 (1) Annual Report.Sep 01, 2025
Sep 01, 2025123Rd Annual General Meeting To Be Held On Friday September 26 2025Sep 01, 2025
Sep 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 27, 2025
Aug 27, 2025Intimation Of Annual General MeetingAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 22, 2025
Aug 22, 2025Appointment Of Secretarial Auditor Of The CompanyAug 11, 2025
Aug 11, 2025Unaudited Financial Results For The Quarter Ended June 30 2025Aug 11, 2025
Aug 11, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Monday August 11 2025Aug 11, 2025
Aug 11, 2025Board Meeting Intimation for Intimation Under Regulation 29 Of SEBI LODR Regulations 2015Aug 05, 2025
Aug 05, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Of Change Of Name Of The Wholly Owned Subsidiary Of The CompanyAug 01, 2025
Aug 01, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 04, 2025
Jun 04, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
May 29, 2025Financial Results For The Quarter And Year Ended March 31 2025May 26, 2025
May 26, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On May 26 2025May 26, 2025
May 26, 2025Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Monday May 26 2025May 20, 2025
May 20, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 19, 2025
May 19, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 18, 2025
Apr 18, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotApr 16, 2025
Apr 16, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 11, 2025
Apr 11, 2025Change In Authorization Of Key Managerial Personnel For Determining Materiality Of An Event Or Information And Disclosure To Stock ExchangesApr 10, 2025
Apr 10, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 10, 2025
Apr 10, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 10, 2025
Apr 10, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On April 10 2025Apr 10, 2025
Apr 10, 2025Closure of Trading WindowMar 27, 2025
Mar 27, 2025Announcement Under Regulation 30 Of SEBI LODR 2015Mar 18, 2025
Mar 18, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 11, 2025
Mar 11, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 11, 2025
Feb 11, 2025Disclosure Under Regulation 32(1) Of The SEBI LODR 2015Feb 10, 2025
Feb 10, 2025Change In Authorization Of Key Managerial PersonnelFeb 10, 2025
Feb 10, 2025Appointment of Company Secretary and Compliance OfficerFeb 10, 2025
Feb 10, 2025Integrated Filing (Financial)Feb 10, 2025
Feb 10, 2025Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended December 31 2024Feb 10, 2025
Feb 10, 2025Technical Indicators
RSI(14)
Neutral 38.59
ATR(14)
Volatile 2.81
STOCH(9,6)
Oversold 16.96
STOCH RSI(14)
Oversold 9.94
MACD(12,26)
Bearish -0.61
ADX(14)
Weak Trend 18.99
UO(9)
Bearish 33.01
ROC(12)
Downtrend And Accelerating -5.66
WillR(14)
Oversold -82.98
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