Share Price and Basic Stock Data
Last Updated: May 31, 2025, 8:40 pm
| PEG Ratio | 0.00 |
|---|
Competitors of Shalimar Paints Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Sirca Paints India Ltd | 1,913 Cr. | 349 | 386/231 | 39.0 | 63.8 | 0.43 % | 19.9 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 837 Cr. | 99.9 | 163/91.4 | 37.6 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 20,511 Cr. | 254 | 321/218 | 32.2 | 79.4 | 0.99 % | 14.0 % | 10.6 % | 1.00 |
| Berger Paints India Ltd | 66,258 Cr. | 568 | 630/438 | 56.1 | 52.8 | 0.62 % | 25.1 % | 20.5 % | 1.00 |
| Akzo Nobel India Ltd | 15,237 Cr. | 3,346 | 4,674/2,469 | 35.6 | 292 | 2.24 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 53,574.67 Cr | 1,145.98 | 43.62 | 121.27 | 0.90% | 23.20% | 20.23% | 4.17 |
Quarterly Result
| Metric | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 105.63 | 109.94 | 110.68 | 129.09 | 135.36 | 125.63 | 119.14 | 145.88 | 144.26 | 128.33 | 144.74 | 148.16 | 177.83 |
| Expenses | 105.36 | 113.32 | 115.42 | 129.63 | 141.37 | 130.26 | 139.23 | 152.84 | 166.75 | 149.51 | 157.57 | 163.50 | 185.18 |
| Operating Profit | 0.27 | -3.38 | -4.74 | -0.54 | -6.01 | -4.63 | -20.09 | -6.96 | -22.49 | -21.18 | -12.83 | -15.34 | -7.35 |
| OPM % | 0.26% | -3.07% | -4.28% | -0.42% | -4.44% | -3.69% | -16.86% | -4.77% | -15.59% | -16.50% | -8.86% | -10.35% | -4.13% |
| Other Income | -0.65 | 1.50 | 1.15 | 0.97 | 3.44 | 1.61 | 2.27 | 1.60 | 2.64 | 0.86 | 1.39 | 0.83 | 6.76 |
| Interest | 5.81 | 4.35 | 4.06 | 3.60 | 3.87 | 3.97 | 4.33 | 2.49 | 2.17 | 2.88 | 4.39 | 5.41 | 4.87 |
| Depreciation | 3.29 | 3.40 | 3.10 | 3.03 | 3.18 | 3.28 | 3.47 | 3.69 | 4.40 | 3.84 | 3.79 | 4.06 | 4.06 |
| Profit before tax | -9.48 | -9.63 | -10.75 | -6.20 | -9.62 | -10.27 | -25.62 | -11.54 | -26.42 | -27.04 | -19.62 | -23.98 | -9.52 |
| Tax % | -6.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -8.89 | -9.63 | -10.75 | -6.20 | -9.62 | -10.27 | -25.62 | -11.54 | -26.42 | -27.04 | -19.62 | -23.98 | -9.52 |
| EPS in Rs | -1.23 | -1.33 | -1.49 | -0.86 | -1.33 | -1.42 | -3.55 | -1.38 | -3.16 | -3.23 | -2.34 | -2.86 | -1.14 |
Last Updated: May 31, 2025, 7:50 am
Below is a detailed analysis of the quarterly data for Shalimar Paints Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 177.83 Cr.. The value appears strong and on an upward trend. It has increased from 148.16 Cr. (Dec 2024) to 177.83 Cr., marking an increase of 29.67 Cr..
- For Expenses, as of Mar 2025, the value is 185.18 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 163.50 Cr. (Dec 2024) to 185.18 Cr., marking an increase of 21.68 Cr..
- For Operating Profit, as of Mar 2025, the value is -7.35 Cr.. The value appears strong and on an upward trend. It has increased from -15.34 Cr. (Dec 2024) to -7.35 Cr., marking an increase of 7.99 Cr..
- For OPM %, as of Mar 2025, the value is -4.13%. The value appears strong and on an upward trend. It has increased from -10.35% (Dec 2024) to -4.13%, marking an increase of 6.22%.
- For Other Income, as of Mar 2025, the value is 6.76 Cr.. The value appears strong and on an upward trend. It has increased from 0.83 Cr. (Dec 2024) to 6.76 Cr., marking an increase of 5.93 Cr..
- For Interest, as of Mar 2025, the value is 4.87 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 5.41 Cr. (Dec 2024) to 4.87 Cr., marking a decrease of 0.54 Cr..
- For Depreciation, as of Mar 2025, the value is 4.06 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 4.06 Cr..
- For Profit before tax, as of Mar 2025, the value is -9.52 Cr.. The value appears strong and on an upward trend. It has increased from -23.98 Cr. (Dec 2024) to -9.52 Cr., marking an increase of 14.46 Cr..
- For Tax %, as of Mar 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.00%.
- For Net Profit, as of Mar 2025, the value is -9.52 Cr.. The value appears strong and on an upward trend. It has increased from -23.98 Cr. (Dec 2024) to -9.52 Cr., marking an increase of 14.46 Cr..
- For EPS in Rs, as of Mar 2025, the value is -1.14. The value appears strong and on an upward trend. It has increased from -2.86 (Dec 2024) to -1.14, marking an increase of 1.72.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: May 15, 2025, 5:19 am
| Metric | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 478 | 465 | 416 | 384 | 350 | 271 | 288 | 344 | 326 | 358 | 484 | 535 | 565 |
| Expenses | 440 | 450 | 407 | 354 | 335 | 305 | 349 | 377 | 322 | 381 | 499 | 589 | 637 |
| Operating Profit | 38 | 15 | 9 | 30 | 14 | -34 | -61 | -34 | 4 | -22 | -15 | -54 | -72 |
| OPM % | 8% | 3% | 2% | 8% | 4% | -13% | -21% | -10% | 1% | -6% | -3% | -10% | -13% |
| Other Income | -2 | 6 | 2 | 1 | 1 | 1 | -14 | 8 | 5 | -3 | 7 | 8 | 6 |
| Interest | 17 | 21 | 21 | 22 | 23 | 26 | 25 | 20 | 19 | 22 | 16 | 13 | 15 |
| Depreciation | 4 | 4 | 5 | 5 | 8 | 8 | 9 | 11 | 13 | 13 | 13 | 15 | 16 |
| Profit before tax | 16 | -4 | -15 | 4 | -15 | -67 | -109 | -56 | -24 | -61 | -36 | -74 | -97 |
| Tax % | 30% | -22% | -29% | -23% | -36% | -32% | -25% | -32% | 110% | -1% | -0% | -0% | |
| Net Profit | 11 | -3 | -11 | 5 | -10 | -46 | -82 | -38 | -50 | -60 | -36 | -74 | -97 |
| EPS in Rs | 1.95 | -0.50 | -1.87 | 0.93 | -1.72 | -8.10 | -15.25 | -7.03 | -9.18 | -8.36 | -5.01 | -8.82 | -11.59 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
YoY Net Profit Growth
| Year | 2013-2014 | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -127.27% | -266.67% | 145.45% | -300.00% | -360.00% | -78.26% | 53.66% | -31.58% | -20.00% | 40.00% | -105.56% |
| Change in YoY Net Profit Growth (%) | 0.00% | -139.39% | 412.12% | -445.45% | -60.00% | 281.74% | 131.92% | -85.24% | 11.58% | 60.00% | -145.56% |
Shalimar Paints Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 12% |
| 3 Years: | 19% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -27% |
| 3 Years: | -21% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 10% |
| 3 Years: | -11% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | -18% |
| 3 Years: | -18% |
| Last Year: | -23% |
Last Updated: Unknown
Balance Sheet
Last Updated: April 13, 2025, 2:50 pm
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 14 | 14 | 17 | 17 |
| Reserves | 71 | 70 | 58 | 62 | 180 | 134 | 295 | 262 | 212 | 336 | 338 | 376 | 330 |
| Borrowings | 88 | 110 | 130 | 137 | 171 | 179 | 154 | 121 | 131 | 168 | 140 | 106 | 162 |
| Other Liabilities | 204 | 198 | 191 | 188 | 180 | 177 | 135 | 142 | 152 | 128 | 134 | 175 | 180 |
| Total Liabilities | 367 | 381 | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 675 | 689 |
| Fixed Assets | 37 | 37 | 76 | 75 | 222 | 250 | 246 | 295 | 283 | 276 | 272 | 275 | 270 |
| CWIP | 8 | 18 | 1 | 6 | 14 | 1 | 24 | 0 | 0 | 0 | 2 | 35 | 52 |
| Investments | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 321 | 327 | 305 | 311 | 296 | 244 | 325 | 241 | 222 | 371 | 353 | 365 | 367 |
| Total Assets | 367 | 381 | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 675 | 689 |
Below is a detailed analysis of the balance sheet data for Shalimar Paints Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2024, the value is 17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 17.00 Cr..
- For Reserves, as of Sep 2024, the value is 330.00 Cr.. The value appears to be declining and may need further review. It has decreased from 376.00 Cr. (Mar 2024) to 330.00 Cr., marking a decrease of 46.00 Cr..
- For Borrowings, as of Sep 2024, the value is 162.00 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 106.00 Cr. (Mar 2024) to 162.00 Cr., marking an increase of 56.00 Cr..
- For Other Liabilities, as of Sep 2024, the value is 180.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 175.00 Cr. (Mar 2024) to 180.00 Cr., marking an increase of 5.00 Cr..
- For Total Liabilities, as of Sep 2024, the value is 689.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 675.00 Cr. (Mar 2024) to 689.00 Cr., marking an increase of 14.00 Cr..
- For Fixed Assets, as of Sep 2024, the value is 270.00 Cr.. The value appears to be declining and may need further review. It has decreased from 275.00 Cr. (Mar 2024) to 270.00 Cr., marking a decrease of 5.00 Cr..
- For CWIP, as of Sep 2024, the value is 52.00 Cr.. The value appears strong and on an upward trend. It has increased from 35.00 Cr. (Mar 2024) to 52.00 Cr., marking an increase of 17.00 Cr..
- For Investments, as of Sep 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2024, the value is 367.00 Cr.. The value appears strong and on an upward trend. It has increased from 365.00 Cr. (Mar 2024) to 367.00 Cr., marking an increase of 2.00 Cr..
- For Total Assets, as of Sep 2024, the value is 689.00 Cr.. The value appears strong and on an upward trend. It has increased from 675.00 Cr. (Mar 2024) to 689.00 Cr., marking an increase of 14.00 Cr..
Notably, the Reserves (330.00 Cr.) exceed the Borrowings (162.00 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -50.00 | -95.00 | -121.00 | -107.00 | -157.00 | -213.00 | -215.00 | -155.00 | -127.00 | -190.00 | -155.00 | -160.00 |
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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 118 | 125 | 135 | 136 | 130 | 142 | 126 | 76 | 89 | 80 | 81 | 75 |
| Inventory Days | 136 | 126 | 126 | 154 | 139 | 129 | 118 | 136 | 146 | 130 | 120 | 114 |
| Days Payable | 169 | 168 | 187 | 218 | 193 | 244 | 162 | 151 | 183 | 133 | 102 | 127 |
| Cash Conversion Cycle | 85 | 83 | 73 | 72 | 75 | 28 | 82 | 61 | 52 | 77 | 98 | 62 |
| Working Capital Days | 85 | 104 | 101 | 98 | 118 | 64 | 81 | 56 | 54 | 85 | 152 | 91 |
| ROCE % | 23% | 7% | 2% | 13% | 3% | -12% | -18% | -10% | -1% | -7% | -4% | -13% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | -9.52 | -5.01 | -11.46 | -9.18 | -7.03 |
| Diluted EPS (Rs.) | -9.52 | -5.01 | -11.46 | -9.18 | -7.03 |
| Cash EPS (Rs.) | -7.05 | -3.25 | -7.03 | -6.73 | -5.03 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 33.99 | 48.51 | 51.50 | 41.08 | 50.25 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 46.97 | 48.51 | 51.50 | 41.08 | 50.25 |
| Revenue From Operations / Share (Rs.) | 63.91 | 67.23 | 49.59 | 59.95 | 63.32 |
| PBDIT / Share (Rs.) | -5.50 | -1.04 | -2.47 | 1.99 | -5.97 |
| PBIT / Share (Rs.) | -7.27 | -2.80 | -4.33 | -0.45 | -7.97 |
| PBT / Share (Rs.) | -8.82 | -5.00 | -8.89 | -4.38 | -10.34 |
| Net Profit / Share (Rs.) | -8.82 | -5.00 | -8.89 | -9.18 | -7.03 |
| NP After MI And SOA / Share (Rs.) | -8.82 | -5.00 | -8.89 | -9.18 | -7.03 |
| PBDIT Margin (%) | -8.60 | -1.55 | -4.98 | 3.32 | -9.42 |
| PBIT Margin (%) | -11.38 | -4.16 | -8.74 | -0.76 | -12.57 |
| PBT Margin (%) | -13.80 | -7.44 | -17.93 | -7.30 | -16.33 |
| Net Profit Margin (%) | -13.80 | -7.44 | -17.93 | -15.31 | -11.10 |
| NP After MI And SOA Margin (%) | -13.80 | -7.44 | -17.93 | -15.31 | -11.10 |
| Return on Networth / Equity (%) | -25.96 | -10.31 | -17.27 | -22.35 | -13.99 |
| Return on Capital Employeed (%) | -14.31 | -5.38 | -6.71 | -0.98 | -14.43 |
| Return On Assets (%) | -11.02 | -5.79 | -9.61 | -9.91 | -7.12 |
| Long Term Debt / Equity (X) | 0.07 | 0.04 | 0.22 | 0.10 | 0.06 |
| Total Debt / Equity (X) | 0.36 | 0.39 | 0.38 | 0.55 | 0.43 |
| Asset Turnover Ratio (%) | 0.82 | 0.75 | 0.61 | 0.63 | 0.61 |
| Current Ratio (X) | 1.41 | 1.40 | 1.84 | 0.79 | 0.81 |
| Quick Ratio (X) | 0.93 | 0.93 | 1.36 | 0.43 | 0.45 |
| Inventory Turnover Ratio (X) | 3.15 | 3.28 | 2.71 | 2.26 | 2.77 |
| Interest Coverage Ratio (X) | -3.55 | -0.47 | -0.80 | 0.56 | -1.63 |
| Interest Coverage Ratio (Post Tax) (X) | -4.70 | -1.27 | -1.41 | -1.48 | -1.27 |
| Enterprise Value (Cr.) | 1441.04 | 1101.23 | 820.41 | 645.97 | 381.75 |
| EV / Net Operating Revenue (X) | 2.69 | 2.27 | 2.29 | 1.98 | 1.11 |
| EV / EBITDA (X) | -31.29 | -146.03 | -45.99 | 59.70 | -11.78 |
| MarketCap / Net Operating Revenue (X) | 2.61 | 2.03 | 2.36 | 1.63 | 0.77 |
| Price / BV (X) | 4.90 | 2.81 | 2.28 | 2.38 | 0.98 |
| Price / Net Operating Revenue (X) | 2.61 | 2.03 | 2.36 | 1.63 | 0.77 |
| EarningsYield | -0.05 | -0.03 | -0.07 | -0.09 | -0.14 |
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 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 24, the value is -9.52. This value is below the healthy minimum of 5. It has decreased from -5.01 (Mar 23) to -9.52, marking a decrease of 4.51.
- For Diluted EPS (Rs.), as of Mar 24, the value is -9.52. This value is below the healthy minimum of 5. It has decreased from -5.01 (Mar 23) to -9.52, marking a decrease of 4.51.
- For Cash EPS (Rs.), as of Mar 24, the value is -7.05. This value is below the healthy minimum of 3. It has decreased from -3.25 (Mar 23) to -7.05, marking a decrease of 3.80.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 33.99. It has decreased from 48.51 (Mar 23) to 33.99, marking a decrease of 14.52.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 46.97. It has decreased from 48.51 (Mar 23) to 46.97, marking a decrease of 1.54.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 63.91. It has decreased from 67.23 (Mar 23) to 63.91, marking a decrease of 3.32.
- For PBDIT / Share (Rs.), as of Mar 24, the value is -5.50. This value is below the healthy minimum of 2. It has decreased from -1.04 (Mar 23) to -5.50, marking a decrease of 4.46.
- For PBIT / Share (Rs.), as of Mar 24, the value is -7.27. This value is below the healthy minimum of 0. It has decreased from -2.80 (Mar 23) to -7.27, marking a decrease of 4.47.
- For PBT / Share (Rs.), as of Mar 24, the value is -8.82. This value is below the healthy minimum of 0. It has decreased from -5.00 (Mar 23) to -8.82, marking a decrease of 3.82.
- For Net Profit / Share (Rs.), as of Mar 24, the value is -8.82. This value is below the healthy minimum of 2. It has decreased from -5.00 (Mar 23) to -8.82, marking a decrease of 3.82.
- For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -8.82. This value is below the healthy minimum of 2. It has decreased from -5.00 (Mar 23) to -8.82, marking a decrease of 3.82.
- For PBDIT Margin (%), as of Mar 24, the value is -8.60. This value is below the healthy minimum of 10. It has decreased from -1.55 (Mar 23) to -8.60, marking a decrease of 7.05.
- For PBIT Margin (%), as of Mar 24, the value is -11.38. This value is below the healthy minimum of 10. It has decreased from -4.16 (Mar 23) to -11.38, marking a decrease of 7.22.
- For PBT Margin (%), as of Mar 24, the value is -13.80. This value is below the healthy minimum of 10. It has decreased from -7.44 (Mar 23) to -13.80, marking a decrease of 6.36.
- For Net Profit Margin (%), as of Mar 24, the value is -13.80. This value is below the healthy minimum of 5. It has decreased from -7.44 (Mar 23) to -13.80, marking a decrease of 6.36.
- For NP After MI And SOA Margin (%), as of Mar 24, the value is -13.80. This value is below the healthy minimum of 8. It has decreased from -7.44 (Mar 23) to -13.80, marking a decrease of 6.36.
- For Return on Networth / Equity (%), as of Mar 24, the value is -25.96. This value is below the healthy minimum of 15. It has decreased from -10.31 (Mar 23) to -25.96, marking a decrease of 15.65.
- For Return on Capital Employeed (%), as of Mar 24, the value is -14.31. This value is below the healthy minimum of 10. It has decreased from -5.38 (Mar 23) to -14.31, marking a decrease of 8.93.
- For Return On Assets (%), as of Mar 24, the value is -11.02. This value is below the healthy minimum of 5. It has decreased from -5.79 (Mar 23) to -11.02, marking a decrease of 5.23.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.07. This value is below the healthy minimum of 0.2. It has increased from 0.04 (Mar 23) to 0.07, marking an increase of 0.03.
- For Total Debt / Equity (X), as of Mar 24, the value is 0.36. This value is within the healthy range. It has decreased from 0.39 (Mar 23) to 0.36, marking a decrease of 0.03.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 0.82. It has increased from 0.75 (Mar 23) to 0.82, marking an increase of 0.07.
- For Current Ratio (X), as of Mar 24, the value is 1.41. This value is below the healthy minimum of 1.5. It has increased from 1.40 (Mar 23) to 1.41, marking an increase of 0.01.
- For Quick Ratio (X), as of Mar 24, the value is 0.93. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.93.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.15. This value is below the healthy minimum of 4. It has decreased from 3.28 (Mar 23) to 3.15, marking a decrease of 0.13.
- For Interest Coverage Ratio (X), as of Mar 24, the value is -3.55. This value is below the healthy minimum of 3. It has decreased from -0.47 (Mar 23) to -3.55, marking a decrease of 3.08.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is -4.70. This value is below the healthy minimum of 3. It has decreased from -1.27 (Mar 23) to -4.70, marking a decrease of 3.43.
- For Enterprise Value (Cr.), as of Mar 24, the value is 1,441.04. It has increased from 1,101.23 (Mar 23) to 1,441.04, marking an increase of 339.81.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.69. This value is within the healthy range. It has increased from 2.27 (Mar 23) to 2.69, marking an increase of 0.42.
- For EV / EBITDA (X), as of Mar 24, the value is -31.29. This value is below the healthy minimum of 5. It has increased from -146.03 (Mar 23) to -31.29, marking an increase of 114.74.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.61. This value is within the healthy range. It has increased from 2.03 (Mar 23) to 2.61, marking an increase of 0.58.
- For Price / BV (X), as of Mar 24, the value is 4.90. This value exceeds the healthy maximum of 3. It has increased from 2.81 (Mar 23) to 4.90, marking an increase of 2.09.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.61. This value is within the healthy range. It has increased from 2.03 (Mar 23) to 2.61, marking an increase of 0.58.
- For EarningsYield, as of Mar 24, the value is -0.05. This value is below the healthy minimum of 5. It has decreased from -0.03 (Mar 23) to -0.05, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
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: -13.8%
- 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: -14.31% (Industry Average ROCE: 23.2%)
- 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%: -25.96% (Industry Average ROE: 20.23%)
- 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): -4.7
- 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: 0.93
- 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: 43.62)
- 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: 0.36
- 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: -13.8%
About the Company - Qualitative Analysis
Shalimar Paints Ltd. is a Public Limited Listed company incorporated on 16/12/1902 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L24222HR1902PLC065611 and registration number is 065611. Currently Company is involved in the business activities of Manufacture of paints and varnishes, enamels or lacquers. Company's Total Operating Revenue is Rs. 599.06 Cr. and Equity Capital is Rs. 16.74 Cr. for the Year ended 31/03/2025.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Paints/Varnishes | Stainless Centre, 4th Floor, Gurgaon Haryana 122001 | askus@shalimarpaints.com http://www.shalimarpaints.com |
| Management | |
|---|---|
| Name | Position Held |
| Dr. Rajeev Uberoi | Chairman & Ind.Director |
| Mr. Souvik Pulakesh Sengupta | Non Executive Director |
| Mr. Vijay Kumar Sharma | Independent Director |
| Mr. Sanjiv Garg | Independent Director |
| Ms. Shan Jain | Independent Director |
| Mr. Atul Rasiklal Desai | Independent Director |
| Mr. Aaditya Gajendra Sharda | Non Executive Director |
| Mr. Venugopal Chetlur | Whole Time Director & COO |
FAQ
What is the intrinsic value of Shalimar Paints Ltd?
Shalimar Paints Ltd's intrinsic value (as of 31 May 2025) is ₹104.01 — 4.11% higher the current market price of 99.90, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 837 Cr. market cap, FY2025-2026 high/low of ₹163/91.4, reserves of 330 Cr, and liabilities of 689 Cr.
What is the Market Cap of Shalimar Paints Ltd?
The Market Cap of Shalimar Paints Ltd is 837 Cr..
What is the current Stock Price of Shalimar Paints Ltd as on 31 May 2025?
The current stock price of Shalimar Paints Ltd as on 31 May 2025 is 99.9.
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 ₹163/91.4.
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 37.6.
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.