Share Price and Basic Stock Data
Last Updated: February 2, 2026, 4:25 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Shalimar Paints Ltd operates in the paints and varnishes industry, with a current market capitalization of ₹547 Cr. The company reported total sales of ₹484 Cr for the fiscal year ending March 2023, reflecting an increase from ₹358 Cr in the previous fiscal year. Revenue for the subsequent year is projected to rise to ₹599 Cr, while the trailing twelve months (TTM) revenue stood at ₹614 Cr. Quarterly sales figures have shown fluctuations, with a peak of ₹146 Cr in December 2023, followed by a drop to ₹119 Cr in September 2023. Despite these variations, the overall trend indicates a gradual recovery in sales, growing from ₹111 Cr in September 2022 to ₹135 Cr in March 2023, and continuing to rise thereafter. The company’s revenue growth trajectory could be attributed to its strategic initiatives to enhance market presence, although the recent operating profit margins were negative, indicating challenges in managing costs effectively.
Profitability and Efficiency Metrics
Shalimar Paints has faced significant profitability challenges, as evidenced by its reported net profit of -₹64 Cr for the year ending March 2025, down from -₹36 Cr in March 2023. The company’s operating profit margin (OPM) recorded a consistent decline, standing at -5% for the current fiscal year, with quarterly OPM figures showing an alarming low of -20% in September 2023. The interest coverage ratio (ICR) also remained negative at -2.67x, indicating difficulties in covering interest expenses with operating income. The return on equity (ROE) ratio was reported at 22.6%, which is a strong indicator of shareholder returns; however, the negative net profits overshadow this strength. The company’s cash conversion cycle (CCC) of 41 days suggests a relatively efficient process in converting inventory into cash, but the overall financial performance reflects ongoing operational inefficiencies that must be addressed to return to profitability.
Balance Sheet Strength and Financial Ratios
As of March 2025, Shalimar Paints reported total borrowings of ₹190 Cr against reserves of ₹268 Cr, indicating a manageable debt level in relation to equity. The company’s total liabilities stood at ₹702 Cr, with a debt-to-equity ratio of 0.73x, which is moderate compared to industry norms. The book value per share, excluding revaluation reserves, was ₹24.64, while the price-to-book value ratio was reported at 4.01x, suggesting that the stock may be overvalued relative to its net assets. The current ratio of 1.00x indicates that the company has just enough current assets to cover its current liabilities. However, the negative return on capital employed (ROCE) of -18.02% reveals that the company’s capital investments are not yielding positive returns, posing a risk to long-term financial stability. These factors combined suggest that while Shalimar Paints maintains a stable balance sheet, the financial ratios indicate underlying operational challenges that could impact future growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Shalimar Paints Ltd reveals a significant concentration of ownership, with promoters holding 74.96% of the shares, which has slightly decreased from 75.72% in March 2024. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) have minimal stakes, at 0.01% and 0.03%, respectively, reflecting limited institutional interest in the company. The public holds 24.99% of the shares, indicating a relatively broad base of retail investors. The total number of shareholders increased to 32,659 as of September 2025, suggesting growing interest among retail investors despite the company’s financial struggles. This concentrated promoter ownership may provide stability in governance and long-term strategy but poses risks if the company continues to experience financial difficulties, potentially leading to diminished investor confidence and stock performance.
Outlook, Risks, and Final Insight
Looking ahead, Shalimar Paints faces both opportunities and challenges. The company’s increasing sales trend, if sustained, could signal a recovery; however, ongoing operational inefficiencies and negative profitability metrics present significant risks. The reliance on promoter ownership may provide short-term stability, but the lack of institutional support raises concerns about long-term investor confidence. Addressing cost management and operational inefficiencies will be crucial for improving profitability and enhancing shareholder value. Additionally, external factors such as raw material costs, market competition, and economic conditions could further impact performance. If Shalimar Paints can successfully navigate these challenges, it may achieve a turnaround; otherwise, it risks further financial deterioration and loss of market share in a competitive industry.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Sirca Paints India Ltd | 2,581 Cr. | 454 | 539/231 | 42.0 | 78.0 | 0.33 % | 20.0 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 505 Cr. | 60.4 | 141/54.1 | 34.0 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 18,729 Cr. | 232 | 275/218 | 28.8 | 80.1 | 1.06 % | 13.0 % | 10.4 % | 1.00 |
| Berger Paints India Ltd | 54,800 Cr. | 470 | 605/453 | 49.6 | 53.9 | 0.80 % | 24.9 % | 20.3 % | 1.00 |
| Akzo Nobel India Ltd | 12,794 Cr. | 2,809 | 3,916/2,659 | 32.8 | 495 | 3.51 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 53,313.33 Cr | 1,071.40 | 41.94 | 157.50 | 1.12% | 23.02% | 20.17% | 4.17 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 111 | 129 | 135 | 126 | 119 | 146 | 144 | 128 | 145 | 148 | 178 | 155 | 134 |
| Expenses | 115 | 130 | 141 | 130 | 139 | 153 | 167 | 150 | 158 | 164 | 185 | 162 | 140 |
| Operating Profit | -5 | -1 | -6 | -5 | -20 | -7 | -22 | -21 | -13 | -15 | -7 | -8 | -6 |
| OPM % | -4% | -0% | -4% | -4% | -17% | -5% | -16% | -16% | -9% | -10% | -4% | -5% | -5% |
| Other Income | 1 | 1 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 7 | 2 | 3 |
| Interest | 4 | 4 | 4 | 4 | 4 | 2 | 2 | 3 | 4 | 5 | 5 | 6 | 6 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 |
| Profit before tax | -11 | -6 | -10 | -10 | -26 | -12 | -26 | -27 | -20 | -24 | -10 | -17 | -14 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -11 | -6 | -10 | -10 | -26 | -12 | -26 | -27 | -20 | -24 | -10 | -17 | -14 |
| EPS in Rs | -1.49 | -0.86 | -1.33 | -1.42 | -3.55 | -1.38 | -3.16 | -3.23 | -2.34 | -2.86 | -1.14 | -2.00 | -1.69 |
Last Updated: December 29, 2025, 5:00 am
Below is a detailed analysis of the quarterly data for Shalimar Paints Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 134.00 Cr.. The value appears to be declining and may need further review. It has decreased from 155.00 Cr. (Jun 2025) to 134.00 Cr., marking a decrease of 21.00 Cr..
- For Expenses, as of Sep 2025, the value is 140.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 162.00 Cr. (Jun 2025) to 140.00 Cr., marking a decrease of 22.00 Cr..
- For Operating Profit, as of Sep 2025, the value is -6.00 Cr.. The value appears strong and on an upward trend. It has increased from -8.00 Cr. (Jun 2025) to -6.00 Cr., marking an increase of 2.00 Cr..
- For OPM %, as of Sep 2025, the value is -5.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded -5.00%.
- For Other Income, as of Sep 2025, the value is 3.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Jun 2025) to 3.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Sep 2025, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 6.00 Cr..
- For Depreciation, as of Sep 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 5.00 Cr..
- For Profit before tax, as of Sep 2025, the value is -14.00 Cr.. The value appears strong and on an upward trend. It has increased from -17.00 Cr. (Jun 2025) to -14.00 Cr., marking an increase of 3.00 Cr..
- For Tax %, as of Sep 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.00%.
- For Net Profit, as of Sep 2025, the value is -14.00 Cr.. The value appears strong and on an upward trend. It has increased from -17.00 Cr. (Jun 2025) to -14.00 Cr., marking an increase of 3.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is -1.69. The value appears strong and on an upward trend. It has increased from -2.00 (Jun 2025) to -1.69, marking an increase of 0.31.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:40 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 465 | 416 | 384 | 350 | 271 | 288 | 344 | 326 | 358 | 484 | 535 | 599 | 614 |
| Expenses | 450 | 407 | 354 | 335 | 305 | 349 | 377 | 322 | 381 | 499 | 589 | 656 | 651 |
| Operating Profit | 15 | 9 | 30 | 14 | -34 | -61 | -34 | 4 | -22 | -15 | -54 | -57 | -37 |
| OPM % | 3% | 2% | 8% | 4% | -13% | -21% | -10% | 1% | -6% | -3% | -10% | -9% | -6% |
| Other Income | 6 | 2 | 1 | 1 | 1 | -14 | 8 | 5 | -3 | 7 | 8 | 10 | 12 |
| Interest | 21 | 21 | 22 | 23 | 26 | 25 | 20 | 19 | 22 | 16 | 13 | 18 | 23 |
| Depreciation | 4 | 5 | 5 | 8 | 8 | 9 | 11 | 13 | 13 | 13 | 15 | 16 | 17 |
| Profit before tax | -4 | -15 | 4 | -15 | -67 | -109 | -56 | -24 | -61 | -36 | -74 | -80 | -64 |
| Tax % | -22% | -29% | -23% | -36% | -32% | -25% | -32% | 110% | -1% | 0% | 0% | 0% | |
| Net Profit | -3 | -11 | 5 | -10 | -46 | -82 | -38 | -50 | -60 | -36 | -74 | -80 | -64 |
| EPS in Rs | -0.50 | -1.87 | 0.93 | -1.72 | -8.10 | -15.25 | -7.03 | -9.18 | -8.36 | -5.01 | -8.82 | -9.58 | -7.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -266.67% | 145.45% | -300.00% | -360.00% | -78.26% | 53.66% | -31.58% | -20.00% | 40.00% | -105.56% | -8.11% |
| Change in YoY Net Profit Growth (%) | 0.00% | 412.12% | -445.45% | -60.00% | 281.74% | 131.92% | -85.24% | 11.58% | 60.00% | -145.56% | 97.45% |
Shalimar Paints Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 12% |
| 3 Years: | 19% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -27% |
| 3 Years: | -21% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 1% |
| 3 Years: | -25% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | -18% |
| 3 Years: | -18% |
| Last Year: | -23% |
Last Updated: September 5, 2025, 1:26 pm
Balance Sheet
Last Updated: February 1, 2026, 1:53 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 14 | 14 | 17 | 17 | 17 |
| Reserves | 70 | 58 | 62 | 180 | 134 | 295 | 262 | 212 | 336 | 338 | 376 | 298 | 268 |
| Borrowings | 110 | 130 | 137 | 171 | 179 | 154 | 121 | 131 | 168 | 140 | 106 | 164 | 190 |
| Other Liabilities | 198 | 191 | 188 | 180 | 177 | 135 | 142 | 152 | 128 | 134 | 170 | 223 | 214 |
| Total Liabilities | 381 | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 670 | 702 | 688 |
| Fixed Assets | 37 | 76 | 75 | 222 | 250 | 246 | 295 | 283 | 276 | 272 | 275 | 303 | 278 |
| CWIP | 18 | 1 | 6 | 14 | 1 | 24 | 0 | 0 | 0 | 2 | 35 | 27 | 29 |
| Investments | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 327 | 305 | 311 | 296 | 244 | 325 | 241 | 222 | 371 | 353 | 360 | 372 | 381 |
| Total Assets | 381 | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 670 | 702 | 688 |
Below is a detailed analysis of the balance sheet data for Shalimar Paints Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 17.00 Cr..
- For Reserves, as of Sep 2025, the value is 268.00 Cr.. The value appears to be declining and may need further review. It has decreased from 298.00 Cr. (Mar 2025) to 268.00 Cr., marking a decrease of 30.00 Cr..
- For Borrowings, as of Sep 2025, the value is 190.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 164.00 Cr. (Mar 2025) to 190.00 Cr., marking an increase of 26.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 214.00 Cr.. The value appears to be improving (decreasing). It has decreased from 223.00 Cr. (Mar 2025) to 214.00 Cr., marking a decrease of 9.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 688.00 Cr.. The value appears to be improving (decreasing). It has decreased from 702.00 Cr. (Mar 2025) to 688.00 Cr., marking a decrease of 14.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 278.00 Cr.. The value appears to be declining and may need further review. It has decreased from 303.00 Cr. (Mar 2025) to 278.00 Cr., marking a decrease of 25.00 Cr..
- For CWIP, as of Sep 2025, the value is 29.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Mar 2025) to 29.00 Cr., marking an increase of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 381.00 Cr.. The value appears strong and on an upward trend. It has increased from 372.00 Cr. (Mar 2025) to 381.00 Cr., marking an increase of 9.00 Cr..
- For Total Assets, as of Sep 2025, the value is 688.00 Cr.. The value appears to be declining and may need further review. It has decreased from 702.00 Cr. (Mar 2025) to 688.00 Cr., marking a decrease of 14.00 Cr..
Notably, the Reserves (268.00 Cr.) exceed the Borrowings (190.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -95.00 | -121.00 | -107.00 | -157.00 | -213.00 | -215.00 | -155.00 | -127.00 | -190.00 | -155.00 | -160.00 | -221.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 125 | 135 | 136 | 130 | 142 | 126 | 76 | 89 | 80 | 81 | 76 | 90 |
| Inventory Days | 126 | 126 | 154 | 139 | 129 | 118 | 136 | 146 | 130 | 120 | 110 | 112 |
| Days Payable | 168 | 187 | 218 | 193 | 244 | 162 | 151 | 183 | 133 | 102 | 134 | 161 |
| Cash Conversion Cycle | 83 | 73 | 72 | 75 | 28 | 82 | 61 | 52 | 77 | 98 | 52 | 41 |
| Working Capital Days | 28 | 4 | 8 | -25 | -138 | -80 | -51 | -66 | -1 | 58 | 30 | -27 |
| ROCE % | 7% | 2% | 13% | 3% | -12% | -18% | -10% | -1% | -7% | -4% | -13% | -13% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | -9.58 | -9.52 | -5.01 | -11.46 | -9.18 |
| Diluted EPS (Rs.) | -9.58 | -9.52 | -5.01 | -11.46 | -9.18 |
| Cash EPS (Rs.) | -7.69 | -7.05 | -3.25 | -7.03 | -6.73 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 24.64 | 33.99 | 48.51 | 51.50 | 41.08 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 37.63 | 46.97 | 48.51 | 51.50 | 41.08 |
| Revenue From Operations / Share (Rs.) | 71.57 | 63.91 | 67.23 | 49.59 | 59.95 |
| PBDIT / Share (Rs.) | -5.60 | -5.50 | -1.04 | -2.47 | 1.99 |
| PBIT / Share (Rs.) | -7.48 | -7.27 | -2.80 | -4.33 | -0.45 |
| PBT / Share (Rs.) | -9.58 | -8.82 | -5.00 | -8.89 | -4.38 |
| Net Profit / Share (Rs.) | -9.58 | -8.82 | -5.00 | -8.89 | -9.18 |
| NP After MI And SOA / Share (Rs.) | -9.58 | -8.82 | -5.00 | -8.89 | -9.18 |
| PBDIT Margin (%) | -7.81 | -8.60 | -1.55 | -4.98 | 3.32 |
| PBIT Margin (%) | -10.45 | -11.38 | -4.16 | -8.74 | -0.76 |
| PBT Margin (%) | -13.38 | -13.80 | -7.44 | -17.93 | -7.30 |
| Net Profit Margin (%) | -13.38 | -13.80 | -7.44 | -17.93 | -15.31 |
| NP After MI And SOA Margin (%) | -13.38 | -13.80 | -7.44 | -17.93 | -15.31 |
| Return on Networth / Equity (%) | -38.86 | -25.96 | -10.31 | -17.27 | -22.35 |
| Return on Capital Employeed (%) | -18.02 | -14.31 | -5.38 | -6.71 | -0.98 |
| Return On Assets (%) | -11.41 | -11.02 | -5.79 | -9.61 | -9.91 |
| Long Term Debt / Equity (X) | 0.08 | 0.07 | 0.04 | 0.22 | 0.10 |
| Total Debt / Equity (X) | 0.73 | 0.36 | 0.39 | 0.38 | 0.55 |
| Asset Turnover Ratio (%) | 0.87 | 0.82 | 0.75 | 0.61 | 0.63 |
| Current Ratio (X) | 1.00 | 1.41 | 1.40 | 1.84 | 0.79 |
| Quick Ratio (X) | 0.62 | 0.93 | 0.93 | 1.36 | 0.43 |
| Inventory Turnover Ratio (X) | 4.79 | 3.15 | 3.28 | 2.71 | 2.26 |
| Interest Coverage Ratio (X) | -2.67 | -3.55 | -0.47 | -0.80 | 0.56 |
| Interest Coverage Ratio (Post Tax) (X) | -3.57 | -4.70 | -1.27 | -1.41 | -1.48 |
| Enterprise Value (Cr.) | 934.04 | 1441.04 | 1101.23 | 820.41 | 645.97 |
| EV / Net Operating Revenue (X) | 1.56 | 2.69 | 2.27 | 2.29 | 1.98 |
| EV / EBITDA (X) | -19.94 | -31.29 | -146.03 | -45.99 | 59.70 |
| MarketCap / Net Operating Revenue (X) | 1.38 | 2.61 | 2.03 | 2.36 | 1.63 |
| Price / BV (X) | 4.01 | 4.90 | 2.81 | 2.28 | 2.38 |
| Price / Net Operating Revenue (X) | 1.38 | 2.61 | 2.03 | 2.36 | 1.63 |
| EarningsYield | -0.09 | -0.05 | -0.03 | -0.07 | -0.09 |
After reviewing the key financial ratios for Shalimar Paints Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is -9.58. This value is below the healthy minimum of 5. It has decreased from -9.52 (Mar 24) to -9.58, marking a decrease of 0.06.
- For Diluted EPS (Rs.), as of Mar 25, the value is -9.58. This value is below the healthy minimum of 5. It has decreased from -9.52 (Mar 24) to -9.58, marking a decrease of 0.06.
- For Cash EPS (Rs.), as of Mar 25, the value is -7.69. This value is below the healthy minimum of 3. It has decreased from -7.05 (Mar 24) to -7.69, marking a decrease of 0.64.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 24.64. It has decreased from 33.99 (Mar 24) to 24.64, marking a decrease of 9.35.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 37.63. It has decreased from 46.97 (Mar 24) to 37.63, marking a decrease of 9.34.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 71.57. It has increased from 63.91 (Mar 24) to 71.57, marking an increase of 7.66.
- For PBDIT / Share (Rs.), as of Mar 25, the value is -5.60. This value is below the healthy minimum of 2. It has decreased from -5.50 (Mar 24) to -5.60, marking a decrease of 0.10.
- For PBIT / Share (Rs.), as of Mar 25, the value is -7.48. This value is below the healthy minimum of 0. It has decreased from -7.27 (Mar 24) to -7.48, marking a decrease of 0.21.
- For PBT / Share (Rs.), as of Mar 25, the value is -9.58. This value is below the healthy minimum of 0. It has decreased from -8.82 (Mar 24) to -9.58, marking a decrease of 0.76.
- For Net Profit / Share (Rs.), as of Mar 25, the value is -9.58. This value is below the healthy minimum of 2. It has decreased from -8.82 (Mar 24) to -9.58, marking a decrease of 0.76.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -9.58. This value is below the healthy minimum of 2. It has decreased from -8.82 (Mar 24) to -9.58, marking a decrease of 0.76.
- For PBDIT Margin (%), as of Mar 25, the value is -7.81. This value is below the healthy minimum of 10. It has increased from -8.60 (Mar 24) to -7.81, marking an increase of 0.79.
- For PBIT Margin (%), as of Mar 25, the value is -10.45. This value is below the healthy minimum of 10. It has increased from -11.38 (Mar 24) to -10.45, marking an increase of 0.93.
- For PBT Margin (%), as of Mar 25, the value is -13.38. This value is below the healthy minimum of 10. It has increased from -13.80 (Mar 24) to -13.38, marking an increase of 0.42.
- For Net Profit Margin (%), as of Mar 25, the value is -13.38. This value is below the healthy minimum of 5. It has increased from -13.80 (Mar 24) to -13.38, marking an increase of 0.42.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is -13.38. This value is below the healthy minimum of 8. It has increased from -13.80 (Mar 24) to -13.38, marking an increase of 0.42.
- For Return on Networth / Equity (%), as of Mar 25, the value is -38.86. This value is below the healthy minimum of 15. It has decreased from -25.96 (Mar 24) to -38.86, marking a decrease of 12.90.
- For Return on Capital Employeed (%), as of Mar 25, the value is -18.02. This value is below the healthy minimum of 10. It has decreased from -14.31 (Mar 24) to -18.02, marking a decrease of 3.71.
- For Return On Assets (%), as of Mar 25, the value is -11.41. This value is below the healthy minimum of 5. It has decreased from -11.02 (Mar 24) to -11.41, marking a decrease of 0.39.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.08. This value is below the healthy minimum of 0.2. It has increased from 0.07 (Mar 24) to 0.08, marking an increase of 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.73. This value is within the healthy range. It has increased from 0.36 (Mar 24) to 0.73, marking an increase of 0.37.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.87. It has increased from 0.82 (Mar 24) to 0.87, marking an increase of 0.05.
- For Current Ratio (X), as of Mar 25, the value is 1.00. This value is below the healthy minimum of 1.5. It has decreased from 1.41 (Mar 24) to 1.00, marking a decrease of 0.41.
- For Quick Ratio (X), as of Mar 25, the value is 0.62. This value is below the healthy minimum of 1. It has decreased from 0.93 (Mar 24) to 0.62, marking a decrease of 0.31.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.79. This value is within the healthy range. It has increased from 3.15 (Mar 24) to 4.79, marking an increase of 1.64.
- For Interest Coverage Ratio (X), as of Mar 25, the value is -2.67. This value is below the healthy minimum of 3. It has increased from -3.55 (Mar 24) to -2.67, marking an increase of 0.88.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -3.57. This value is below the healthy minimum of 3. It has increased from -4.70 (Mar 24) to -3.57, marking an increase of 1.13.
- For Enterprise Value (Cr.), as of Mar 25, the value is 934.04. It has decreased from 1,441.04 (Mar 24) to 934.04, marking a decrease of 507.00.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.56. This value is within the healthy range. It has decreased from 2.69 (Mar 24) to 1.56, marking a decrease of 1.13.
- For EV / EBITDA (X), as of Mar 25, the value is -19.94. This value is below the healthy minimum of 5. It has increased from -31.29 (Mar 24) to -19.94, marking an increase of 11.35.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.38. This value is within the healthy range. It has decreased from 2.61 (Mar 24) to 1.38, marking a decrease of 1.23.
- For Price / BV (X), as of Mar 25, the value is 4.01. This value exceeds the healthy maximum of 3. It has decreased from 4.90 (Mar 24) to 4.01, marking a decrease of 0.89.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.38. This value is within the healthy range. It has decreased from 2.61 (Mar 24) to 1.38, marking a decrease of 1.23.
- For EarningsYield, as of Mar 25, the value is -0.09. This value is below the healthy minimum of 5. It has decreased from -0.05 (Mar 24) to -0.09, marking a decrease of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shalimar Paints Ltd:
- Net Profit Margin: -13.38%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -18.02% (Industry Average ROCE: 23.02%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -38.86% (Industry Average ROE: 20.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -3.57
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.62
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 41.94)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.73
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -13.38%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Paints/Varnishes | Stainless Centre, 4th Floor, Gurgaon Haryana 122001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Dr. Rajeev Uberoi | Chairman & Ind.Director |
| Mr. Kuldip Raina | Managing Director & CEO |
| Mr. Venugopal Chetlur | Whole Time Director & COO |
| Mr. Souvik Pulakesh Sengupta | Non Executive Director |
| Mr. Aaditya Gajendra Sharda | Non Executive Director |
| Mr. Vijay Kumar Sharma | Independent Director |
| Ms. Shan Jain | Independent Director |
| Mr. Atul Rasiklal Desai | Independent Director |
FAQ
What is the intrinsic value of Shalimar Paints Ltd?
Shalimar Paints Ltd's intrinsic value (as of 02 February 2026) is ₹104.21 which is 72.53% higher the current market price of ₹60.40, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹505 Cr. market cap, FY2025-2026 high/low of ₹141/54.1, reserves of ₹268 Cr, and liabilities of ₹688 Cr.
What is the Market Cap of Shalimar Paints Ltd?
The Market Cap of Shalimar Paints Ltd is 505 Cr..
What is the current Stock Price of Shalimar Paints Ltd as on 02 February 2026?
The current stock price of Shalimar Paints Ltd as on 02 February 2026 is ₹60.4.
What is the High / Low of Shalimar Paints Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Shalimar Paints Ltd stocks is ₹141/54.1.
What is the Stock P/E of Shalimar Paints Ltd?
The Stock P/E of Shalimar Paints Ltd is .
What is the Book Value of Shalimar Paints Ltd?
The Book Value of Shalimar Paints Ltd is 34.0.
What is the Dividend Yield of Shalimar Paints Ltd?
The Dividend Yield of Shalimar Paints Ltd is 0.00 %.
What is the ROCE of Shalimar Paints Ltd?
The ROCE of Shalimar Paints Ltd is 12.8 %.
What is the ROE of Shalimar Paints Ltd?
The ROE of Shalimar Paints Ltd is 22.6 %.
What is the Face Value of Shalimar Paints Ltd?
The Face Value of Shalimar Paints Ltd is 2.00.