SHALIM PAINTS LTD·PAINTS & COATINGS 60.22·Consumer Durables Companies

2026-08-21 NSE BSE Web 5%ESM-I Result 13 Aug

Price

80.89

-2.32%
O:82.81
H:82.81
L:80.01
C:80.89

52W Range

35.2195.95
+130%/-16%

Market Cap

₹677.14 Cr

Traded: ₹0.64 Cr (0.10%) 0.0x

Free Float: ₹169.01 Cr (0.38% of FF traded)

Volume · 60D trend

79.29 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+21% 3M:+49% 6M:+50% 12M:+34%

Valuation

P/E--
P/B2.7
P/S1.2
EV/EBIT-41.9

Business Strength

ROE-22.6%
ROCE-12.8%
OPM-3.8%
NPM-11.3%

Growth (3Y CAGR)

EPS+19.0%
Sales+6.0%
Profit-31.0%
3Y Return-17.0%

Balance Sheet

Debt/Equity0.6
Debt157 Cr
Pledge70.5%
CWIP/Fixed Asset0.0%

Cash Position

CFO/NP-35.4%
FCF13.4 Cr
FCF 3Y Avg-107 Cr
Cash/MCap6.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle18 days
Tradeable Free Float25.0%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 34.71 L
0.21% FF
60d high
₹ 5.75 Cr
60d low
₹ 29.68 L
60d mean
₹ 2.51 Cr
vs mean
▼ 86.18%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
-3.0%
-3.0%
-17.0%
+22.0%
--
Stable
Profit
--
-5.0%
-31.0%
--
+8.0%
Stable
Sales
+4.0%
+12.0%
+6.0%
--
-11.0%
Decelerating
ROE
-19.0%
-18.0%
-21.0%
--
--
Stable

Quarterly Results

Jun 2026

13 Aug
Rev
138 Cr
-11% YoY-12% QoQ
OPM-9.0%
NPM-15.2%
PAT
-27% YoY-21 Cr
EPS
-27% YoY-2.5

Mar 2026

28 May
Rev
156 Cr
-12% YoY+19% QoQ
OPM1.3%
NPM-4.5%
PAT
+22% YoY-7 Cr
EPS
+23% YoY-0.9

Dec 2025

12 Feb
Rev
131 Cr
-11% YoY-2% QoQ
OPM-8.0%
NPM-20.6%
PAT
+10% YoY-27 Cr
EPS
-9% YoY-3.2

Sep 2025

PDF
Rev
134 Cr
-8% YoY-14% QoQ
OPM-4.7%
NPM-10.4%
PAT
+28% YoY-14 Cr
EPS
+28% YoY-1.7

Jun 2025

PDF
Rev
155 Cr
+21% YoY-13% QoQ
OPM-4.9%
NPM-11.0%
PAT
+38% YoY-17 Cr
EPS
+38% YoY-2.0

Mar 2025

PDF
Rev
178 Cr
+24% YoY+20% QoQ
OPM-4.1%
NPM-5.6%
PAT
+64% YoY-10 Cr
EPS
+64% YoY-1.1

Dec 2024

PDF
Rev
148 Cr
+1% YoY+2% QoQ
OPM-11.0%
NPM-16.9%
PAT
-113% YoY-25 Cr
EPS
-112% YoY-2.9

Sep 2024

PDF
Rev
145 Cr
+22% YoY+13% QoQ
OPM-9.0%
NPM-13.8%
PAT
+23% YoY-20 Cr
EPS
+34% YoY-2.3

Jun 2024

PDF
Rev
128 Cr
+2% YoY-11% QoQ
OPM-16.0%
NPM-21.1%
PAT
-163% YoY-27 Cr
EPS
-127% YoY-3.2

Mar 2024

PDF
Rev
144 Cr
+6% YoY-1% QoQ
OPM-16.0%
NPM-18.1%
PAT
-175% YoY-26 Cr
EPS
-138% YoY-3.2

Dec 2023

PDF
Rev
146 Cr
+13% YoY+23% QoQ
OPM-4.8%
NPM-8.2%
PAT
-86% YoY-12 Cr
EPS
-60% YoY-1.4

Sep 2023

PDF
Rev
119 Cr
+7% YoY-6% QoQ
OPM-17.0%
NPM-21.9%
PAT
-138% YoY-26 Cr
EPS
-138% YoY-3.5

Jun 2023

PDF
Rev
126 Cr
---7% QoQ
OPM-3.7%
NPM-7.9%
PAT
-7% YoY-10 Cr
EPS
---1.4

Mar 2023

PDF
Rev
135 Cr
--+5% QoQ
OPM-4.4%
NPM-7.1%
PAT
-53% YoY-10 Cr
EPS
---1.3

Dec 2022

Rev
129 Cr
--+16% QoQ
OPM0.0%
NPM-4.7%
PAT
+52% YoY-6 Cr
EPS
---0.9

Sep 2022

Rev
111 Cr
----
OPM-4.0%
NPM-9.9%
PAT
+36% YoY-11 Cr
EPS
---1.5

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.66
Interest Coverage2.8x
Promoter Pledge70.5%
Borrowings165 Cr

Efficiency

Receivable Days88 days
Inventory Days96 days
Payable Days166 days
Cash Conversion cycle18 days

Cash Position

Operating Cash Flow23 Cr
Investing Cash Flow-1 Cr
Financing Cash Flow-25 Cr
Free Cash Flow13 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales138156131134155178148145128144146119126135129111
Expenses150154142140162185164158150167153139130141130115
Operating Profit-122-11-6-8-7-16-13-21-22-7-20-5-6-1-5
OPM %-9.0%1.3%-8.0%-4.7%-4.9%-4.1%-11.0%-9.0%-16.0%-16.0%-4.8%-17.0%-3.7%-4.4%0.0%-4.0%
Other Income11-43271113222311
Interest5676655432244444
Depreciation5555544444433333
Profit Before Tax-21-8-27-14-17-10-25-20-27-26-12-26-10-10-6-11
Tax %0.0%-6.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net Profit-21-7-27-14-17-10-25-20-27-26-12-26-10-10-6-11
Exceptional Items--0-5000000000000--
EPS (Rs)-2.5-0.9-3.2-1.7-2.0-1.1-2.9-2.3-3.2-3.2-1.4-3.5-1.4-1.3-0.9-1.5
Sales Growth (YoY)-11.0%-12.4%-11.5%-7.6%21.1%23.6%1.4%21.9%1.6%6.4%13.2%7.2%--------
Sales Growth (QoQ)-11.5%19.1%-2.2%-13.6%-12.9%20.3%2.1%13.3%-11.1%-1.4%22.7%-5.6%-6.9%4.9%16.2%--
OP Growth (YoY)-50.0%128.6%31.3%53.8%61.9%68.2%-128.6%35.0%-320.0%-266.1%-600.0%-300.0%--------
OP Growth (QoQ)-700.0%118.2%-83.3%25.0%-14.3%56.3%-23.1%38.1%4.5%-214.3%65.0%-300.0%16.8%-501.0%80.0%--
Profit Growth (YoY)-26.8%22.4%10.2%27.9%38.0%64.0%-112.8%23.4%-163.3%-174.6%-86.1%-138.3%-6.7%-52.7%51.8%36.2%
EPS Growth (YoY)-27.0%22.8%-8.5%27.8%38.1%63.9%-112.3%34.1%-127.5%-137.6%-60.5%-138.3%--------
EPS Growth (QoQ)-188.6%72.3%-88.2%15.5%-75.4%61.1%-25.2%27.6%-2.2%-129.0%61.1%-150.0%-6.8%-54.6%42.3%--
OP Margin-8.7%1.3%-8.4%-4.5%-5.2%-3.9%-10.8%-9.0%-16.4%-15.3%-4.8%-16.8%-4.0%-4.4%-0.8%-4.5%
Net Margin-15.2%-4.5%-20.6%-10.4%-11.0%-5.6%-16.9%-13.8%-21.1%-18.1%-8.2%-21.9%-7.9%-7.1%-4.7%-9.9%
Material Cost %--65.0%69.0%66.0%69.0%72.0%73.0%73.0%73.0%77.0%69.0%76.0%68.0%73.0%74.0%75.0%
Employee Cost %--9.0%13.0%13.0%13.0%10.0%14.0%14.0%17.0%15.0%13.0%16.0%14.0%11.0%11.0%12.0%
P/S1.211.210.740.75------------------------
P/E--------------------------------
P/B2.702.431.541.63------------------------

Shareholding Pattern

Shareholders:31.8K (+43.4%)
Current MixJun 2026

Exchange Filings

50
Company Update20 Aug 2026

PFA Newspaper publication regarding Dispatch of EGM Notice and E-voting details to the Shareholders on August 19, 2026.

Company Update19 Aug 2026

PFA Newspaper Publication of AGM Notice.

AGM/EGM19 Aug 2026

PFA Notice of EGM No. 01/2026-2027 of the Company to be held on September 11, 2026.

Company Update19 Aug 2026

PFA herewith, the revised outcome of Board Meeting held on August 12, 2026.

Company Update18 Aug 2026

We wish to inform you that, the Company has dispatched Letter to physical shareholders who have not registered their Email addresses with the Company or RTA or Depository Participants providing ....

Others18 Aug 2026

PFA Business Responsibility and Sustainability Report for FY 2025-26.

Others18 Aug 2026

PFA Annual Report for the FY 2025-26

AGM/EGM18 Aug 2026

PFA herewith Notice of 124th Annual General Meeting and Annual Report for FY 2025-26

Company Update13 Aug 2026

We wish to inform you that, the Board of Directors at its meeting held on August 12, 2026, has approved Preferential Issue.

Company Update13 Aug 2026

We wish to inform you that, the Board of Directors at its meeting held on August 12, 2026, has approved Fund Raise by way of QIP.

Company Update13 Aug 2026

We wish to inform you that, the Board of Directors of the Company at its meeting held on August 12, 2026, has approved Increase in Authorised Capital and subsequent change in MOA of the Company

Company Update13 Aug 2026

We wish to inform you that, the Board of Directors at its meeting held on August 12, 2026, has approved appointment of Mr. Kundan Sangwar as Chief Financial Officer of the Company.

Company Update13 Aug 2026

PFA disclosure under Reg 30(5) of SEBI LODR, 2015

Result12 Aug 2026

PFA Unaudited Financial Results for the Quarter ended June 30, 2026.

Board Meeting12 Aug 2026

PFA Outcome of Board Meeting held on August 12, 2026.

Board Meeting09 Aug 2026

Shalimar Paints Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....

Company Update08 Jul 2026

Please find attached herewith the Certificate issued by M/s. Beetal Financial & Computer Services Private Limited, Registrar and Transfer Agent of the Company, confirming compliance under ....

Insider Trading / SAST24 Jun 2026

This is to inform you that, pursuant to the "Code of Conduct to Regulate, Monitor and Reporting of Trading by Insiders", the Trading Window for dealing in Securities of the Company by Designated ....

AGM/EGM15 Jun 2026

Please find attached Scrutinizers Report for the Postal Ballot concluded on June 13, 2026.

AGM/EGM15 Jun 2026

Please find attached Outcome of Postal Ballot concluded on June 13, 2026, towards Reappointment of Mr. Atul Rasiklal Desai as independent Director of the Company for a second term of three ....

Company Update30 May 2026

This is to inform you that, Mr. Sachin Naik has tendered his resignation from the position of Chief Financial Officer of the Company w.e.f close of business hours on Saturday, May 30, 2026, ....

Company Update30 May 2026

This is to inform you that, Mr. Sachin Naik has tendered his resignation from the position of Chief Financial Officer of the Company w.e.f close of business hours on Saturday, May 30, 2026, ....

Board Meeting28 May 2026

Please find attached Outcome of Board Meeting held on May 28, 2026, towards adoption of Audited Financial Results for the Quarter and Year ended March 31, 2026.

Result28 May 2026

Please find attached Financial Results for the Quarter and Year ended on March 31, 2026

Board Meeting22 May 2026

Shalimar Paints Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Audited Financial Statements ....

Company Update15 May 2026

Please find attached Newspaper publications towards dispatch of Postal Ballot Notice.

AGM/EGM14 May 2026

Please find attached Notice of Postal Ballot.

Company Update11 May 2026

We wish to inform you that, the Board of Directors vide circular resolution passed today i.e May 11, 2026, had approved the appointment of Mr. Abhijeet Jhawar as an Additional Director ....

Company Update11 May 2026

We wish to inform you that, the Board of Directors vide circular resolution passed today i.e May 11, 2026, had approved: 1. Re-appointment of Mr. Atul Rasiklal Desai as an Independent ....

Company Update15 Apr 2026

Please find attached extracts of the newspaper publication titled "Notice with respect to Special Window for re-lodgment of transfer requests of physical shares", published in the newspapers ....

Company Update04 Apr 2026

Please find attached herewith the certificate issued by Beetal Financial & Computer Services Private Limited, Registrar & Share Transfer Agent of the Company, confirming compliance under ....

Company Update01 Apr 2026

We wish to inform you that, Ms. Shalmali Sharma has tendered her resignation from the position of Head of Human Resources (Senior Management Personnel) of the Company w.e.f close of business ....

Insider Trading / SAST30 Mar 2026

This is to inform you that pursuant to the "Code of Conduct to Regulate, Monitor and Reporting of Trading by Insiders", the Trading Window for dealing in Securities of the Company by the ....

Company Update05 Mar 2026

We wish to inform you that, Mr. Venugopal Chetlur (DIN: 08686707) has tendered his resignation from the position of Whole-time Director of the Company w.e.f. close of business hours on ....

Company Update05 Mar 2026

We wish to inform you that, Mr. Venugopal Chetlur (DIN: 08686707) has tendered his resignation from the position of Whole-time Director of the Company w.e.f close of business hours on Wednesday, ....

Company Update05 Mar 2026

We wish to inform you that, Mr. Venugopal Chetlur (DIN: 08686707) has tendered his resignation from the position of Whole-time Director of the Company w.e.f close of business hours on Wednesday, ....

Insider Trading / SAST20 Feb 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Opelina Sustainable Services Pvt Ltd

Insider Trading / SAST20 Feb 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gagan Infraenergy Ltd & PACs

Insider Trading / SAST20 Feb 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for OPJ Trading Pvt Ltd

Board Meeting12 Feb 2026

Please find attached Outcome of Board Meeting held on Thursday, February 12, 2026, for adoption of Unaudited (Standalone and Consolidated) Results of the Company for the Quarter and Nine ....

Result12 Feb 2026

Please find attached Financial Results (Standalone and Consolidated) for the Quarter and Nine months ended December 31, 2025

AGM/EGM09 Feb 2026

Please find attached Outcome of Postal Ballot held towards Reappointment of Ms. Shan Jain

AGM/EGM09 Feb 2026

Please find attached Scrutinizer''s Report for Postal Ballot held towards Reappointment of Ms. Shan Jain.

Board Meeting06 Feb 2026

Shalimar Paints Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve Unaudited Financial Results ....

Company Update17 Jan 2026

Please find enclosed intimation with respect to submission of application to Stock Exchanges upon receipt of request for Re-classification from "Promoter/Promoter Group" to "Public" category.

Company Update13 Jan 2026

Please find enclosed Intimation of outcome of Boad Meeting w.r.t. request for re-classification from ''Promoter and Promoter Group'' category to ''Public'' category pursuant to Regulation ....

Others13 Jan 2026

PFA Outcome of Board Meeting held on Tuesday, January 13, 2026.

Company Update07 Jan 2026

Please find attached copy of Newspaper publications regarding completion of dispatch of Postal Ballot Notice.

Company Update07 Jan 2026

Please find attached Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025.

AGM/EGM06 Jan 2026

Please find attached Notice of Postal Ballot of Shalimar Paints Limited for re-appointment of Ms. Shan Jain as an Independent Director of the Company.

Annual Reports

15

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

Credit Ratings

6
careRating update
03 Jun 2025Report
careRating update
27 Dec 2024Report
careRating update
28 Nov 2024Report
smeraRating update
22 Nov 2024Report
smeraRating update
26 Aug 2024Report
smeraRating update
07 Aug 2024Report

Concalls

22

Aug 2023

31 Aug 2023

Jun 2023

30 Jun 2023

Feb 2023

28 Feb 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

Jun 2022

30 Jun 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Aug 2021

31 Aug 2021

Jun 2021

30 Jun 2021

Feb 2021

28 Feb 2021

Nov 2020

30 Nov 2020

Sep 2020

30 Sept 2020

May 2020

31 May 2020

Feb 2020

29 Feb 2020

Feb 2020

29 Feb 2020

Nov 2019

30 Nov 2019

Nov 2019

30 Nov 2019

May 2019

31 May 2019

Nov 2018

30 Nov 2018

Nov 2018

30 Nov 2018