Shalimar Paints

Which are the latest news on Shalimar Paints?

Why is Shalimar Paints Ltd falling/rising?

As of 05-Sep, Shalimar Paints Ltd's stock price has risen to 86.02, reflecting a 4.81% increase, driven by strong relative performance and increased investor interest. The stock has outperformed its sector and is trading above key moving averages, indicating a positive trend.

As of 05-Sep, Shalimar Paints Ltd is experiencing a rise in its stock price, currently at 86.02, which reflects a change of 3.95 or 4.81% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed the sector by 5.58% today, indicating strong relative performance. Additionally, it has been on a consecutive gain streak for the last two days, accumulating a total return of 10.23% during this period.<BR><BR>The stock opened with a significant gap up of 4.98% today and reached an intraday high of Rs 86.17, which is a 5% increase. Furthermore, Shalimar Paints is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement. <BR><BR>Investor participation has also increased, with a delivery volume of 24.39k on September 3, which is up by 116.65% compared to the 5-day average delivery volume. This rise in trading activity indicates growing interest among investors. Overall, these factors contribute to the stock's upward trajectory.

Who are in the management team of Shalimar Paints?

The management team of Shalimar Paints includes Ashok Kumar Gupta (Managing Director), Rajeev Oberoi (Chairman), and several Independent Directors such as Alok Perti and Ashok Kumar Agarwal, among others, responsible for the company's strategic direction and operations.

The management team of Shalimar Paints includes the following members:<BR><BR>1. **Ashok Kumar Gupta** - Managing Director<BR>2. **Rajeev Oberoi** - Chairman & Independent Director<BR>3. **Alok Perti** - Independent Director<BR>4. **Ashok Kumar Agarwal** - Independent Director<BR>5. **Vijay Kumar Sharma** - Independent Director<BR>6. **Abhyuday Jindal** - Independent Director and also serves as a Director<BR>7. **Sanjiv Garg** - Independent Director<BR>8. **Shikha Rastogi** - Company Secretary & Compliance Officer<BR>9. **Souvik Pulakesh Sengupta** - Director<BR>10. **Shan Jain** - Additional Director<BR><BR>This team is responsible for guiding the strategic direction and operations of the company.

What does Shalimar Paints do?

Shalimar Paints Ltd manufactures and sells decorative paints and industrial coatings. As of June 2026, it reported net sales of 138 Cr and a net loss of 21 Cr, with a market cap of INR 658 Cr.

Overview: <BR>Shalimar Paints Ltd is engaged in the manufacturing and selling of decorative paints and industrial coatings, operating within the Paints industry and classified as a Micro Cap company.<BR><BR>History: <BR>Shalimar Paints Limited was established on December 16, 1902. The latest quarterly results reported are for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 138 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -21 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 658 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 47 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.47 <BR>Return on Equity: -24.03% <BR>Price to Book: 2.62<BR><BR>Contact Details: <BR>Address: Stainless Centre 4th Floor, Plot No 50 Sector 32 Gurugram Haryana : 122001 <BR>Tel: 91-0124-4616600 <BR>Email: askus@shalimarpaints.com <BR>Website: http://www.shalimarpaints.com

Who are the peers of the Shalimar Paints?

Shalimar Paints' peers include Asian Paints, Berger Paints, Kansai Nerolac, JSW Dulux, Indigo Paints, Sirca Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan. In terms of management risk, Shalimar Paints has below average risk, with a 1-year return of 12.68%, outperforming Kamdhenu Venture but lower than Indigo Paints' 4.85%.

Peers: The peers of Shalimar Paints are Asian Paints, Berger Paints, Kansai Nerolac, JSW Dulux, Indigo Paints, Sirca Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan.<BR><BR>Quality Snapshot: Excellent management risk is observed at Asian Paints and JSW Dulux, while Good management risk is found at Berger Paints, Kansai Nerolac, and Indigo Paints. Average management risk is noted at Sirca Paints, and Below Average management risk is present at Shalimar Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan. For Growth, Excellent growth is seen at Sirca Paints, while Below Average growth is noted at Asian Paints, Berger Paints, Kansai Nerolac, JSW Dulux, Indigo Paints, Shalimar Paints, Kamdhenu Venture, and Retina Paints. MCON Rasayan has Excellent growth. In terms of Capital Structure, Excellent is noted at Asian Paints, Berger Paints, Kansai Nerolac, JSW Dulux, Indigo Paints, and Sirca Paints, while Below Average is found at Shalimar Paints, Retina Paints, and MCON Rasayan, with Kamdhenu Venture having Good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indigo Paints at 4.85%, while Kamdhenu Venture has the lowest at -55.78%. Shalimar Paints has a 1-year return of 12.68%, which is higher than both Kamdhenu Venture and several other peers. Additionally, Kamdhenu Venture, Retina Paints, and MCON Rasayan have negative six-month returns.

How big is Shalimar Paints?

As of 31st August, Shalimar Paints Ltd has a market capitalization of 658.00 Cr, with recent net sales of 558.79 Cr and a net loss of 69.44 Cr. Shareholder's funds are 251.18 Cr, and total assets are valued at 640.56 Cr as of March 2026.

As of 31st August, Shalimar Paints Ltd has a market capitalization of 658.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shalimar Paints reported Net Sales of 558.79 Cr. However, the company experienced a loss of 69.44 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2026, where Shareholder's Funds amounted to 251.18 Cr and Total Assets were valued at 640.56 Cr.

Should I buy, sell or hold Shalimar Paints Ltd.?

Are Shalimar Paints Ltd. latest results good or bad?

Shalimar Paints Ltd.'s latest results are concerning, showing a net loss of ₹7.39 crores in Q4 FY26, despite a sequential sales increase. While the company achieved its first positive operating profit in seven quarters, ongoing losses and declining year-on-year sales indicate significant challenges ahead.

Shalimar Paints Ltd.'s latest results present a mixed picture, but overall, they indicate significant challenges. In Q4 FY26, the company reported a net loss of ₹7.39 crores, which is a 22.37% increase in losses year-on-year. While net sales improved sequentially by 18.73% to ₹155.93 crores from the previous quarter, this still represents a 12.32% decline compared to the same quarter last year.<BR><BR>On a positive note, the company achieved its first positive operating profit in seven quarters, amounting to ₹2.08 crores, with operating margins improving to 1.33%. This is a notable recovery from the negative margins seen in previous quarters. However, the persistent net losses and the overall decline in sales year-on-year highlight ongoing operational difficulties.<BR><BR>For the full year FY26, Shalimar Paints continued to face challenges, reporting a total net loss of ₹65.95 crores and a decline in shareholder equity. The company's return on equity remains negative at -22.85%, underscoring the erosion of shareholder value.<BR><BR>In summary, while there are signs of sequential improvement in operating performance, the underlying issues of sustained losses, declining sales, and a challenging competitive landscape suggest that the results are more concerning than encouraging. Investors should approach with caution, considering the company's ongoing struggles and the need for a significant turnaround.

When is the next results date for Shalimar Paints Ltd.?

The next results date for Shalimar Paints Ltd. is 28 May 2026.

The next results date for Shalimar Paints Ltd. is scheduled for 28 May 2026.

How has been the historical performance of Shalimar Paints?

Shalimar Paints has shown increasing net sales, reaching 599.81 Cr in March 2025, but continues to face significant losses, with a net profit after tax of -81.17 Cr and negative operating profit of -47.84 Cr. The company's financial position remains challenging due to rising expenditures and negative cash flow.

Answer:<BR>The historical performance of Shalimar Paints has shown a trend of increasing net sales but persistent losses over the years.<BR><BR>Breakdown:<BR>Shalimar Paints reported net sales of 599.81 Cr for the year ending March 2025, up from 534.91 Cr in March 2024 and 485.55 Cr in March 2023, indicating a consistent growth in revenue over the past few years. However, the company has faced significant challenges, as evidenced by its operating profit (PBDIT) which remained negative at -47.84 Cr in March 2025, slightly worse than -46.05 Cr in March 2024 and -7.54 Cr in March 2023. The total expenditure also increased to 657.49 Cr in March 2025 from 589.08 Cr in March 2024, contributing to a profit before tax of -81.17 Cr in March 2025, compared to -73.85 Cr in March 2024. The net profit after tax for March 2025 was -81.17 Cr, reflecting a decline from -73.85 Cr in the previous year. The company's total assets grew to 702.28 Cr in March 2025 from 669.56 Cr in March 2024, while total liabilities also increased to 702.28 Cr, resulting in a challenging financial position. Cash flow from operating activities was negative at -58.00 Cr in March 2025, further highlighting the company's ongoing financial difficulties despite the increase in sales.

Is Shalimar Paints technically bullish or bearish?

As of November 10, 2025, Shalimar Paints shows a mildly bearish trend due to mixed technical indicators, with weekly signals suggesting caution and monthly indicators remaining bearish.

As of 10 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD shows a mildly bullish signal, but the monthly MACD remains bearish. The moving averages on the daily timeframe are bearish, and Bollinger Bands indicate bearish conditions on both weekly and monthly timeframes. The KST is mildly bullish on the weekly but bearish on the monthly, while Dow Theory suggests a mildly bullish stance on the monthly but no trend on the weekly. Overall, the mixed signals indicate a cautious outlook for Shalimar Paints.

Who are the top shareholders of the Shalimar Paints?

The top shareholder of Shalimar Paints is Hella Infra Market Limited, holding 52.85% of the shares, while individual investors own about 20.59%. Promoter holdings are heavily pledged at 57.68%, and there are no mutual funds invested in the company.

The top shareholders of Shalimar Paints are primarily the promoters, with Hella Infra Market Limited holding the highest stake at 52.85%. Additionally, individual investors own about 20.59% of the shares. There are currently no mutual funds holding shares in the company, and four foreign institutional investors (FIIs) collectively hold a very small percentage of 0.01%. The promoter holdings are significantly pledged, amounting to 57.6757%.

Has Shalimar Paints declared dividend?

Shalimar Paints Ltd. declared a 100% dividend (₹2.00 per share) on July 9, 2012, but currently has a dividend yield of 0%. Total returns have been negative over most periods, with a positive return only in the 5-year period.

Shalimar Paints Ltd. has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 2.0000<BR>- Ex-date: Jul-09-2012<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -13.14%, the dividend return was 0%, resulting in a total return of -13.14%.<BR><BR>For the 1-year period, the price return was -33.78%, the dividend return was 0%, leading to a total return of -33.78%.<BR><BR>Over the 2-year period, the price return was -33.84%, with a dividend return of 0%, resulting in a total return of -33.84%.<BR><BR>During the 3-year period, the price return was -27.31%, the dividend return was 0%, which culminated in a total return of -27.31%.<BR><BR>In the 4-year period, the price return was -13.37%, the dividend return was 0%, resulting in a total return of -13.37%.<BR><BR>For the 5-year period, the price return was 60.58%, with a dividend return of 0%, leading to a total return of 60.58%.<BR><BR>Overall, while Shalimar Paints declared a dividend in the past, the current dividend yield is 0%, indicating no recent dividends. The total returns over various periods show significant negative returns in the short to medium term, with a positive return only in the 5-year period.