Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
575.63
599.81
534.91
485.55
358.10
325.56
343.85
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
575.63
599.81
534.91
485.55
358.10
325.56
343.85
Raw Material Cost
321.57
399.42
362.77
345.56
252.51
198.43
218.58
Purchase of Finished goods
36.82
47.22
30.80
24.48
17.86
21.89
24.50
(Increase) / Decrease In Stocks
28.25
-10.27
-5.81
-13.44
-1.85
2.38
-11.20
Employee Cost
68.49
79.98
77.11
53.43
41.48
36.71
29.08
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
142.90
141.14
124.21
90.27
70.58
62.53
96.42
Total Expenditure (Excl Depreciation)
598.03
657.49
589.08
500.30
380.58
321.94
357.38
Operating Profit (PBDIT) excl Other Income
-22.40
-57.68
-54.17
-14.75
-22.48
3.62
-13.53
Other Income
6.52
9.84
8.12
7.21
4.63
7.19
1.13
Operating Profit (PBDIT)
-15.88
-47.84
-46.05
-7.54
-17.85
10.81
-12.40
Interest
25.34
17.55
12.96
15.90
22.17
19.29
19.85
Exceptional Items
-4.60
0.00
0.00
0.00
-10.76
-2.00
6.95
Gross Profit (PBDT)
-45.82
-65.39
-59.01
-23.44
-50.78
-10.48
-25.30
Depreciation
19.57
15.78
14.84
12.71
13.46
13.30
30.85
Profit Before Tax
-65.39
-81.17
-73.85
-36.15
-64.24
-23.78
-56.15
Tax
-0.44
0.00
0.00
0.00
0.00
26.09
-17.97
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
-64.95
-81.17
-73.85
-36.15
-64.24
-49.87
-38.18
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
-64.95
-81.17
-73.85
-36.15
-64.24
-49.87
-38.18
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
-64.95
-81.17
-73.85
-36.15
-64.24
-49.87
-38.18
Equity Capital
16.74
16.74
16.74
14.44
10.86
10.86
10.86
Face Value
2.0
2.0
2.0
2.0
2.0
2.0
2.0
Reserves
234.44
297.51
376.44
338.11
357.48
212.21
262.01
Earnings per share (EPS)
-7.76
-9.7
-8.82
-5.01
-11.83
-9.18
-7.03
Diluted Earnings per share
-7.76
-9.58
-9.52
-5.01
-11.46
-9.18
-7.03
Operating Profit Margin (Excl OI)
-3.89%
-9.62%
-10.13%
-3.04%
-6.28%
1.11%
-3.93%
Gross Profit Margin
-7.96%
-10.9%
-11.03%
-4.83%
-14.18%
-3.22%
-7.36%
PAT Margin
-11.28%
-13.53%
-13.81%
-7.45%
-17.94%
-15.32%
-11.1%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is -4.03% vs 12.13% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 19.98% vs -9.91% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 61.17% vs -6.48% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 44.39% vs 35.42% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Shalimar Paints With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
575.63
492.48
83.15
16.88%
Other Operating Income
0.00
0.00
0.00
Total Operating income
575.63
492.48
83.15
16.88%
Raw Material Cost
321.57
200.34
121.23
60.51%
Purchase of Finished goods
36.82
55.91
-19.09
-34.14%
(Increase) / Decrease In Stocks
28.25
10.47
17.78
169.82%
Employee Cost
68.49
51.40
17.09
33.25%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
-0.01
0.01
100.00%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
142.90
75.54
67.36
89.17%
Total Expenditure (Excl Depreciation)
598.03
393.65
204.38
51.92%
Operating Profit (PBDIT) excl Other Income
-22.40
98.83
-121.23
-122.67%
Other Income
6.52
3.87
2.65
68.48%
Operating Profit (PBDIT)
-15.88
102.70
-118.58
-115.46%
Interest
25.34
4.89
20.45
418.20%
Exceptional Items
-4.60
0.00
-4.60
Gross Profit (PBDT)
-45.82
97.81
-143.63
-146.85%
Depreciation
19.57
10.74
8.83
82.22%
Profit Before Tax
-65.39
87.07
-152.46
-175.10%
Tax
-0.44
22.05
-22.49
-102.00%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
-64.95
65.02
-129.97
-199.89%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
-64.95
65.02
-129.97
-199.89%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
-64.95
65.02
-129.97
-199.89%
Equity Capital
16.74
56.79
-40.05
-70.52%
Face Value
2.00
10.00
0.00
Reserves
234.44
418.32
-183.88
-43.96%
Earnings per share (EPS)
-7.76
11.45
-19.21
-167.77%
Diluted Earnings per share
-7.76
11.63
-19.39
-166.72%
Operating Profit Margin (Excl OI)
-3.89%
20.07%
0.00
-23.96%
Gross Profit Margin
-7.96%
19.86%
0.00
-27.82%
PAT Margin
-11.28%
13.20%
0.00
-24.48%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 575.63 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -4.03% vs 12.13% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit -64.95 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 19.98% vs -9.91% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) -22.40 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 61.17% vs -6.48% in Mar 2025
Annual - Interest
Interest 25.34 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 44.39% vs 35.42% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) -3.89%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






