Shalimar Paints Ltd-$
Shalimar Paints Ltd-$ (SHALPAINTS) last reported results for the quarter ended Jun 2026, with sales of ₹138 crore and net profit of ₹-21 crore. The stock last traded at ₹76.3, a market capitalisation of ₹641 crore. Over the past 52 weeks the stock has ranged between ₹34.4 and ₹96.7. Figures are as of 9 Oct 2026 and are not real time.
Shalimar Paints Ltd-$ share price and key metrics
- Current price
- ₹76.3
- Market cap
- ₹641 cr
- Book value
- ₹30
- ROE
- -21.4%
- ROCE
- -7.93%
- Dividend yield
- 0.00%
- 52w high / low
- 96.7/34.4
Metrics as of 9 Oct 2026. Not real time.
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Shalimar Paints Ltd-$ growth and returns
- 10 Years
- 4%
- 5 Years
- 12%
- 3 Years
- 6%
- TTM
- -11%
- 10 Years
- %
- 5 Years
- -5%
- 3 Years
- -31%
- TTM
- 8%
- 10 Years
- -6%
- 5 Years
- -5%
- 3 Years
- -23%
- 1 Year
- -7%
- 10 Years
- -19%
- 5 Years
- -19%
- 3 Years
- -21%
- Last Year
- -21%
Shalimar Paints Ltd-$ quarterly results
In the quarter ended Jun 2026, sales were ₹138 cr, down 11.0% from ₹155 cr a year earlier. Net profit was ₹-21 cr, down 23.5% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 145 | 148 | 178 | 155 | 134 | 131 | 156 | 138 |
| Expenses | 158 | 164 | 185 | 162 | 140 | 142 | 154 | 150 |
| Operating profit | -13 | -16 | -7 | -8 | -6 | -11 | 2 | -12 |
| OPM % | -9% | -11% | -4.1% | -4.9% | -4.7% | -8% | 1.3% | -9% |
| Other income | 1 | 1 | 7 | 2 | 3 | -4 | 1 | 1 |
| Interest | 4 | 5 | 5 | 6 | 6 | 7 | 6 | 5 |
| Depreciation | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | -20 | -25 | -10 | -17 | -14 | -27 | -8 | -21 |
| Tax % | -0% | -0% | -0% | -0% | -0% | -0% | -6% | -0% |
| Net profit | -20 | -25 | -10 | -17 | -14 | -27 | -7 | -21 |
| EPS (₹) | -2.34 | -2.93 | -1.14 | -2.00 | -1.69 | -3.18 | -0.88 | -2.54 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Shalimar Paints Ltd-$ annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 350 | 271 | 288 | 344 | 326 | 358 | 484 | 535 | 600 | 576 | 559 |
| Operating profit | 14 | -34 | -61 | -34 | 4 | -22 | -15 | -54 | -58 | -22 | -27 |
| OPM % | 4.1% | -13% | -21% | -10% | 1.1% | -6% | -3.0% | -10% | -10% | -3.9% | -4.8% |
| Net profit | -10 | -46 | -82 | -38 | -50 | -60 | -36 | -74 | -81 | -65 | -69 |
| EPS (₹) | -1.72 | -8.10 | -15.25 | -7.03 | -9.18 | -8.36 | -5.01 | -8.82 | -9.70 | -7.76 | -8.29 |
TTM is the trailing twelve months to the most recent quarter.
Shalimar Paints Ltd-$ balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 4 | 4 | 11 | 11 | 11 | 14 | 14 | 17 | 17 | 17 |
| Reserves | 180 | 134 | 295 | 262 | 212 | 336 | 338 | 376 | 298 | 234 |
| Borrowings | 171 | 179 | 154 | 121 | 131 | 168 | 140 | 106 | 164 | 165 |
| Other liabilities | 180 | 177 | 135 | 142 | 152 | 128 | 134 | 170 | 224 | 225 |
| Total liabilities | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 670 | 702 | 641 |
| Fixed assets | 222 | 250 | 246 | 295 | 283 | 276 | 272 | 275 | 303 | 300 |
| CWIP | 14 | 1 | 24 | 0 | 0 | 0 | 2 | 35 | 27 | 0 |
| Investments | 3 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Other assets | 296 | 244 | 325 | 241 | 222 | 371 | 353 | 360 | 372 | 341 |
| Total assets | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 670 | 702 | 641 |
As reported by the company. Total assets equal total liabilities by construction.
Shalimar Paints Ltd-$ cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 34 | 36 | -94 | -9 | 16 | -62 | -48 | 18 | -59 | 23 |
| Cash from investing | -16 | -11 | -34 | -28 | -5 | -6 | -84 | -51 | -16 | -1 |
| Cash from financing | -19 | -18 | 198 | -46 | -11 | 225 | -7 | 44 | 29 | -25 |
| Net cash flow | -1 | 7 | 70 | -83 | -0 | 157 | -139 | 11 | -46 | -2 |
| Free cash flow | 24 | 22 | -127 | -42 | 14 | -65 | -59 | -38 | -84 | 13 |
| CFO / operating profit | 241% | -104% | 153% | 28% | 443% | 275% | 322% | -32% | 101% | -101% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Shalimar Paints Ltd-$ operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 3% | -12% | -18% | -10% | -1% | -7% | -4% | -13% | -13% | -8% |
| Debtor days | 130 | 142 | 126 | 76 | 89 | 80 | 81 | 76 | 90 | 88 |
| Inventory days | 139 | 129 | 118 | 136 | 146 | 130 | 120 | 110 | 112 | 96 |
| Days payable | 193 | 244 | 162 | 151 | 183 | 133 | 102 | 134 | 161 | 166 |
| Cash conversion cycle | 75 | 28 | 82 | 61 | 52 | 77 | 98 | 52 | 41 | 18 |
| Working capital days | -25 | -138 | -80 | -51 | -66 | -1 | 58 | 30 | -28 | -75 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Shalimar Paints Ltd-$ shareholding pattern
Promoters held 74.96% at Jun 2026, broadly unchanged since Jun 2025. FIIs 0.04% and DIIs 0.03%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 75.72% | 75.72% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% |
| FIIs | 0.00% | 0.00% | 0.01% | 0.00% | 0.01% | 0.04% | 0.08% | 0.04% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 24.23% | 24.23% | 25.00% | 25.01% | 24.99% | 24.96% | 24.93% | 24.96% |
| No. of shareholders | 30,009 | 31,100 | 29,913 | 31,086 | 32,659 | 32,408 | 31,826 | 31,768 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Shalimar Paints Ltd-$ corporate filings
- PFA Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended September 30, 2026.Company Updatelow impact
- This is to inform you that, the Trading Window for dealing in securities of the Company by the Designated Persons will remain closed from Thursday, October 01, 2026, till the end of 48 ....Insider Trading / SASTlow impact
- Shalimar Paints shareholders approve capital raising of up to INR 1,000 crore via QIP and preferential issuesAGM/EGMhigh impact
Cruxal's analysis: Shalimar Paints Limited has received shareholder approval at its Extraordinary General…
Read the full analysis - Shalimar Paints Limited Secures Shareholder Approval for Massive Capital Infusion and Strategic Fundraising of INR 1,000 CroreAGM/EGMhigh impact
Cruxal's analysis: Shalimar Paints Limited has received shareholder approval at its Extraordinary General…
Read the full analysis - Shalimar Paints Limited secures shareholder approval for authorized share capital restructuring and investment limit increaseAGM/EGMmedium impact
Cruxal's analysis: Shalimar Paints Limited has successfully concluded its 124th Annual General Meeting…
Read the full analysis - Shalimar Paints Limited concludes 124th Annual General Meeting; shareholders approve restructuring of authorized share capitalAGM/EGMlow impact
Cruxal's analysis: Shalimar Paints Limited has successfully concluded its 124th Annual General Meeting held…
Read the full analysis - Shalimar Paints Issues Corrigendum to EGM Notice Regarding Preferential Issue and Share SwapAGM/EGMmedium impact
Cruxal's analysis: Shalimar Paints Limited has issued a corrigendum to its EGM notice dated August 12, 2026…
Read the full analysis - Shalimar Paints Limited Announces Extraordinary General Meeting (EGM) for September 11, 2026Company Updatelow impact
Cruxal's analysis: Shalimar Paints Limited has issued a notice for an Extraordinary General Meeting (EGM)…
Read the full analysis - Shalimar Paints Limited announces 124th Annual General Meeting scheduled for September 09, 2026Company Updatelow impact
Cruxal's analysis: Shalimar Paints Limited has issued a formal notice regarding its 124th Annual General…
Read the full analysis - Shalimar Paints Announces Massive Capital Infusion via Preferential Issue and QIP to Fund Growth and Strategic Investment in Hella Infra Market LimitedAGM/EGMhigh impact
Cruxal's analysis: Shalimar Paints Limited has announced a significant capital raising plan involving a…
Read the full analysis - Shalimar Paints Limited Issues Corrigendum Regarding Preferential Issue of CCPS and Equity SharesCompany Updatemedium impact
Cruxal's analysis: Shalimar Paints Limited has issued a corrigendum to its August 12, 2026, board meeting…
Read the full analysis - Shalimar Paints dispatches 124th AGM notice and FY 2025-26 Annual Report to shareholdersCompany Updatelow impact
Cruxal's analysis: Shalimar Paints has initiated the dispatch of the 124th Annual General Meeting (AGM)…
Read the full analysis - Shalimar Paints files Business Responsibility and Sustainability Report (BRSR) for FY 2025-26Otherslow impact
Cruxal's analysis: Shalimar Paints has submitted its Business Responsibility and Sustainability Report…
Read the full analysis - Shalimar Paints Ltd releases Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Shalimar Paints has filed its Annual Report for the financial year 2025-26 as per…
Read the full analysis - Shalimar Paints Announces 124th AGM and Proposes Significant Capital RestructuringAGM/EGMhigh impact
Cruxal's analysis: Shalimar Paints Limited has announced its 124th Annual General Meeting scheduled for…
Read the full analysis - Shalimar Paints Ltd discloses authorized personnel for material event disclosures under SEBI LODRCompany Updatelow impact
Cruxal's analysis: Shalimar Paints has filed a disclosure under Regulation 30(5) of the SEBI (Listing…
Read the full analysis - Shalimar Paints Board approves increase in authorized share capitalCompany Updatelow impact
Cruxal's analysis: The Board of Directors of Shalimar Paints Ltd approved an increase in the company's…
Read the full analysis - Shalimar Paints Announces Transformative Strategic Investment in Infra.Market and Massive Capital RaiseResulthigh impact
Cruxal's analysis: Shalimar Paints Limited has announced a major strategic pivot, approving an investment in…
Read the full analysis - Shalimar Paints Limited announces Board meeting to consider Q1 FY2027 financial results and potential capital raisingBoard Meetinghigh impact
Cruxal's analysis: Shalimar Paints Limited has scheduled a Board meeting for August 12, 2026, to approve the…
Read the full analysis - Shalimar Paints clarifies on recent volume movementCompany Updatelow impact
Cruxal's analysis: Shalimar Paints has issued a clarification regarding the recent increase in trading…
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