Share Price and Basic Stock Data
Last Updated: November 4, 2025, 5:35 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Shalimar Paints Ltd operates in the paints and varnishes industry, focusing on manufacturing and selling a diverse range of paints. The company’s stock price stood at ₹77.4, with a market capitalization of ₹648 Cr. Over the past fiscal years, Shalimar Paints reported sales of ₹484 Cr in FY 2023, which increased to ₹535 Cr in FY 2024, and further rose to ₹599 Cr in FY 2025, reflecting a growth trajectory. The trailing twelve months (TTM) revenue reached ₹624 Cr, indicating a robust demand for its products. However, quarterly sales have shown fluctuations, with the latest reported figure for Jun 2025 at ₹153 Cr, suggesting some volatility in revenue generation. The company’s operational challenges are evident as it faced a dip in sales during the Jun 2023 and Mar 2024 quarters, recording ₹126 Cr and ₹144 Cr, respectively. Overall, while Shalimar Paints demonstrates a positive long-term revenue trend, recent quarterly fluctuations highlight the need for strategic operational adjustments.
Profitability and Efficiency Metrics
Shalimar Paints has faced significant profitability challenges, with a reported net profit of -₹70 Cr in FY 2025, marking a decline from -₹36 Cr in FY 2023 and -₹74 Cr in FY 2024. The operating profit margin (OPM) stood at -5%, highlighting ongoing operational inefficiencies. The company’s earnings per share (EPS) reflected this trend, reporting -₹9.58 in FY 2025, which is a deterioration compared to -₹5.01 in FY 2023. The interest coverage ratio (ICR) was recorded at -2.67x, indicating that the company is struggling to meet its interest obligations. Efficiency metrics such as return on equity (ROE) at 22.6% and return on capital employed (ROCE) at 12.8% signal that while the company has the potential for high returns, its current operational performance is hampered by negative profit margins and high expenses. The stark contrast between the reported ROE and the net losses emphasizes the need for operational improvements to enhance profitability.
Balance Sheet Strength and Financial Ratios
Shalimar Paints’ balance sheet reflects a mixed picture of financial health. As of FY 2025, the company reported total borrowings of ₹164 Cr against reserves of ₹298 Cr, providing a debt-to-equity ratio of 0.73, which is relatively high for the industry. The current ratio stood at 1.00, indicating that the company can cover its short-term liabilities, but the quick ratio at 0.62 suggests liquidity challenges. The book value per share decreased significantly to ₹24.64 in FY 2025 from ₹48.51 in FY 2023, indicating a decline in shareholder equity. Additionally, the company’s enterprise value (EV) was recorded at ₹934.04 Cr, with an EV to net operating revenue ratio of 1.56. Such figures suggest that while the company is still valued in the market, its financial stability may be questioned given the high levels of debt and declining book value. Overall, Shalimar Paints must focus on strengthening its balance sheet to enhance financial resilience.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Shalimar Paints indicates a strong promoter holding of 74.96%, which reflects confidence from the company’s management. However, foreign institutional investors (FIIs) hold a negligible 0.00%, and domestic institutional investors (DIIs) have a mere 0.03%, suggesting limited institutional interest and potential concerns among larger investors. The public shareholding stood at 25.01%, with a total of 31,086 shareholders, indicating a diverse but cautious retail investor base. The decline in public shareholding from 58.38% in September 2022 to 25.01% in March 2025 raises questions about investor sentiment. The fluctuation in the number of shareholders, from 23,032 in September 2022 to 31,086 in June 2025, indicates some recovery in retail interest, but the overall lack of institutional support could hinder the stock’s performance in the long term. Investors may require reassurances regarding the company’s profitability and growth strategies to boost confidence.
Outlook, Risks, and Final Insight
Shalimar Paints faces several risks that could impact its future performance. The persistent negative profitability, evidenced by a net loss of -₹70 Cr in FY 2025, poses a significant challenge. Additionally, the high levels of debt relative to equity may limit the company’s ability to invest in growth initiatives, particularly in an environment where operational efficiency is critical. On the other hand, the strong promoter holding could provide stability and a long-term vision, which may help navigate challenges. The company must focus on enhancing operational efficiencies and addressing its liquidity issues to attract institutional investors back into its fold. A successful turnaround strategy could position Shalimar Paints favorably against competitors in the paints industry. Overall, while there are avenues for recovery, the path forward requires decisive actions to restore profitability and investor confidence.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 2,877 Cr. | 507 | 527/231 | 54.2 | 63.8 | 0.30 % | 20.0 % | 14.9 % | 10.0 |
| Shalimar Paints Ltd | 646 Cr. | 77.5 | 144/69.7 | 37.6 | 0.00 % | 12.8 % | 22.6 % | 2.00 | |
| Kansai Nerolac Paints Ltd | 20,298 Cr. | 251 | 290/218 | 31.8 | 79.4 | 1.00 % | 13.0 % | 10.4 % | 1.00 |
| Berger Paints India Ltd | 62,492 Cr. | 536 | 605/438 | 53.5 | 52.8 | 0.72 % | 24.9 % | 20.3 % | 1.00 |
| Akzo Nobel India Ltd | 14,750 Cr. | 3,239 | 4,505/3,022 | 36.4 | 292 | 3.06 % | 41.7 % | 32.2 % | 10.0 |
| Industry Average | 56,617.83 Cr | 1,183.08 | 47.58 | 121.27 | 1.01% | 23.02% | 20.17% | 4.17 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 110 | 111 | 129 | 135 | 126 | 119 | 146 | 144 | 128 | 145 | 148 | 178 | 153 |
| Expenses | 113 | 115 | 130 | 141 | 130 | 139 | 153 | 167 | 150 | 158 | 164 | 185 | 161 |
| Operating Profit | -3 | -5 | -1 | -6 | -5 | -20 | -7 | -22 | -21 | -13 | -15 | -7 | -8 |
| OPM % | -3% | -4% | -0% | -4% | -4% | -17% | -5% | -16% | -16% | -9% | -10% | -4% | -5% |
| Other Income | 2 | 1 | 1 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 7 | 2 |
| Interest | 4 | 4 | 4 | 4 | 4 | 4 | 2 | 2 | 3 | 4 | 5 | 5 | 6 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 |
| Profit before tax | -10 | -11 | -6 | -10 | -10 | -26 | -12 | -26 | -27 | -20 | -24 | -10 | -17 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -10 | -11 | -6 | -10 | -10 | -26 | -12 | -26 | -27 | -20 | -24 | -10 | -17 |
| EPS in Rs | -1.33 | -1.49 | -0.86 | -1.33 | -1.42 | -3.55 | -1.38 | -3.16 | -3.23 | -2.34 | -2.86 | -1.14 | -1.99 |
Last Updated: August 20, 2025, 3:50 am
Below is a detailed analysis of the quarterly data for Shalimar Paints Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 153.00 Cr.. The value appears to be declining and may need further review. It has decreased from 178.00 Cr. (Mar 2025) to 153.00 Cr., marking a decrease of 25.00 Cr..
- For Expenses, as of Jun 2025, the value is 161.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 185.00 Cr. (Mar 2025) to 161.00 Cr., marking a decrease of 24.00 Cr..
- For Operating Profit, as of Jun 2025, the value is -8.00 Cr.. The value appears to be declining and may need further review. It has decreased from -7.00 Cr. (Mar 2025) to -8.00 Cr., marking a decrease of 1.00 Cr..
- For OPM %, as of Jun 2025, the value is -5.00%. The value appears to be declining and may need further review. It has decreased from -4.00% (Mar 2025) to -5.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 5.00 Cr..
- For Interest, as of Jun 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Mar 2025) to 5.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is -17.00 Cr.. The value appears to be declining and may need further review. It has decreased from -10.00 Cr. (Mar 2025) to -17.00 Cr., marking a decrease of 7.00 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
- For Net Profit, as of Jun 2025, the value is -17.00 Cr.. The value appears to be declining and may need further review. It has decreased from -10.00 Cr. (Mar 2025) to -17.00 Cr., marking a decrease of 7.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is -1.99. The value appears to be declining and may need further review. It has decreased from -1.14 (Mar 2025) to -1.99, marking a decrease of 0.85.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 2:06 pm
| 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 | 624 |
| Expenses | 450 | 407 | 354 | 335 | 305 | 349 | 377 | 322 | 381 | 499 | 589 | 656 | 667 |
| Operating Profit | 15 | 9 | 30 | 14 | -34 | -61 | -34 | 4 | -22 | -15 | -54 | -57 | -43 |
| OPM % | 3% | 2% | 8% | 4% | -13% | -21% | -10% | 1% | -6% | -3% | -10% | -9% | -7% |
| Other Income | 6 | 2 | 1 | 1 | 1 | -14 | 8 | 5 | -3 | 7 | 8 | 10 | 11 |
| Interest | 21 | 21 | 22 | 23 | 26 | 25 | 20 | 19 | 22 | 16 | 13 | 18 | 21 |
| Depreciation | 4 | 5 | 5 | 8 | 8 | 9 | 11 | 13 | 13 | 13 | 15 | 16 | 16 |
| Profit before tax | -4 | -15 | 4 | -15 | -67 | -109 | -56 | -24 | -61 | -36 | -74 | -80 | -70 |
| 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 | -70 |
| 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 | -8.33 |
| 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: September 10, 2025, 2:27 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 14 | 14 | 17 | 17 |
| Reserves | 70 | 58 | 62 | 180 | 134 | 295 | 262 | 212 | 336 | 338 | 376 | 298 |
| Borrowings | 110 | 130 | 137 | 171 | 179 | 154 | 121 | 131 | 168 | 140 | 106 | 164 |
| Other Liabilities | 198 | 191 | 188 | 180 | 177 | 135 | 142 | 152 | 128 | 134 | 170 | 223 |
| Total Liabilities | 381 | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 670 | 702 |
| Fixed Assets | 37 | 76 | 75 | 222 | 250 | 246 | 295 | 283 | 276 | 272 | 275 | 303 |
| CWIP | 18 | 1 | 6 | 14 | 1 | 24 | 0 | 0 | 0 | 2 | 35 | 27 |
| Investments | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 327 | 305 | 311 | 296 | 244 | 325 | 241 | 222 | 371 | 353 | 360 | 372 |
| Total Assets | 381 | 382 | 391 | 535 | 494 | 594 | 536 | 506 | 647 | 627 | 670 | 702 |
Below is a detailed analysis of the balance sheet data for Shalimar Paints Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, 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 Mar 2025, the value is 298.00 Cr.. The value appears to be declining and may need further review. It has decreased from 376.00 Cr. (Mar 2024) to 298.00 Cr., marking a decrease of 78.00 Cr..
- For Borrowings, as of Mar 2025, the value is 164.00 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 164.00 Cr., marking an increase of 58.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 223.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 170.00 Cr. (Mar 2024) to 223.00 Cr., marking an increase of 53.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 702.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 670.00 Cr. (Mar 2024) to 702.00 Cr., marking an increase of 32.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 303.00 Cr.. The value appears strong and on an upward trend. It has increased from 275.00 Cr. (Mar 2024) to 303.00 Cr., marking an increase of 28.00 Cr..
- For CWIP, as of Mar 2025, the value is 27.00 Cr.. The value appears to be declining and may need further review. It has decreased from 35.00 Cr. (Mar 2024) to 27.00 Cr., marking a decrease of 8.00 Cr..
- For Investments, as of Mar 2025, 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 Mar 2025, the value is 372.00 Cr.. The value appears strong and on an upward trend. It has increased from 360.00 Cr. (Mar 2024) to 372.00 Cr., marking an increase of 12.00 Cr..
- For Total Assets, as of Mar 2025, the value is 702.00 Cr.. The value appears strong and on an upward trend. It has increased from 670.00 Cr. (Mar 2024) to 702.00 Cr., marking an increase of 32.00 Cr..
Notably, the Reserves (298.00 Cr.) exceed the Borrowings (164.00 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 - No data available for this post.
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: 47.58)
- 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 | askus@shalimarpaints.com http://www.shalimarpaints.com |
| 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 04 November 2025) is 104.01 which is 34.21% higher the current market price of 77.50, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 646 Cr. market cap, FY2025-2026 high/low of 144/69.7, reserves of ₹298 Cr, and liabilities of 702 Cr.
What is the Market Cap of Shalimar Paints Ltd?
The Market Cap of Shalimar Paints Ltd is 646 Cr..
What is the current Stock Price of Shalimar Paints Ltd as on 04 November 2025?
The current stock price of Shalimar Paints Ltd as on 04 November 2025 is 77.5.
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 144/69.7.
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.