Shalimar Paints

Who are in the management team of Shalimar Paints?

As of March 2022, the management team of Shalimar Paints includes Ashok Kumar Gupta (Managing Director), Rajeev Oberoi (Chairman), and several independent directors, along with a Company Secretary. They oversee the company's operations and strategic direction.

As of March 2022, 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 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 overseeing the company's operations and strategic direction.

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.

Who are the peers of the Shalimar Paints?

Shalimar Paints' peers include Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, and others. Shalimar Paints has below-average management risk and a 1-year return of -33.17%, higher than Kamdhenu Venture but lower than Akzo Nobel's 29.95%.

Peers: The peers of Shalimar Paints are Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, Indigo Paints, Sirca Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan.<BR><BR>Quality Snapshot: Excellent management risk is observed at Asian Paints, Berger Paints, and Akzo Nobel, while Good management risk is found at Kansai Nerolac and Indigo Paints. Average management risk is noted at Sirca Paints and MCON Rasayan, and Below Average management risk is seen at Shalimar Paints, Kamdhenu Venture, and the rest. Growth is Excellent at Sirca Paints, Average at Asian Paints and Berger Paints, and Below Average at Kansai Nerolac, Akzo Nobel, Indigo Paints, Shalimar Paints, Kamdhenu Venture, and the rest. Capital Structure is Excellent at Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, Indigo Paints, and Sirca Paints, while Below Average is noted at Shalimar Paints and Kamdhenu Venture.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Akzo Nobel at 29.95%, while the lowest is Kamdhenu Venture at -66.20%. Shalimar Paints has a 1-year return of -33.17%, which is higher than Kamdhenu Venture but lower than Akzo Nobel. Additionally, the six-month return is negative for Kamdhenu Venture, Indigo Paints, and Shalimar Paints.

What does Shalimar Paints do?

Shalimar Paints Ltd. manufactures and sells decorative paints and industrial coatings. As of March 2025, it reported net sales of ₹1,778 Cr and a net loss of ₹95 Cr, with a market cap of ₹812 Cr.

Overview: <BR>Shalimar Paints Ltd. is engaged in the manufacturing and selling of decorative paints and industrial coatings, operating within the Micro Cap category of the Paints industry.<BR><BR>History: <BR>Shalimar Paints Limited was established on December 16, 1902. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,778 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -95 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 812 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 53 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.38 <BR>Return on Equity: -25.45% <BR>Price to Book: 2.59<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 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%.

How big is Shalimar Paints?

As of 24th July, Shalimar Paints Ltd. has a market capitalization of 793.00 Cr, with net sales of 599.06 Cr and a net loss of 80.16 Cr over the latest four quarters. The balance sheet for March 2024 shows shareholder's funds of 393.18 Cr and total assets of 669.56 Cr.

As of 24th July, Shalimar Paints Ltd. has a market capitalization of 793.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shalimar Paints reported net sales of 599.06 Cr. However, the company experienced a loss of 80.16 Cr in net profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, showing shareholder's funds of 393.18 Cr and total assets amounting to 669.56 Cr.

When is the next results date for Shalimar Paints?

Shalimar Paints will announce its results on 11 August 2025.

Shalimar Paints is scheduled to declare its results on 11 August 2025.

Should I buy, sell or hold Shalimar Paints?

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.

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.

Are Shalimar Paints latest results good or bad?

Shalimar Paints' latest results are concerning, as the company reported a net loss of ₹14.14 crores in Q2 FY26, a 27.93% decline year-on-year, with revenue down 7.55% and negative operating and PAT margins, indicating ongoing financial struggles and challenges to long-term sustainability.

Shalimar Paints' latest results indicate a challenging situation for the company. In Q2 FY26, the company reported a net loss of ₹14.14 crores, which is a significant decline of 27.93% year-on-year. Additionally, revenue for the same quarter was ₹133.81 crores, reflecting a decrease of 7.55% compared to the previous year and a more pronounced drop of 13.43% from the previous quarter.<BR><BR>The operating margin remains negative at -4.68%, showing only a slight improvement from the previous quarter's -4.94%. The company's profitability is further underscored by a negative PAT margin of -10.57%, indicating deteriorating financial health.<BR><BR>These results highlight ongoing operational struggles, with Shalimar Paints facing persistent losses and an inability to generate positive cash flows. The rising interest expenses, which increased by nearly 48% year-on-year, add further pressure to the bottom line. Overall, the financial performance suggests that Shalimar Paints is in a difficult position, raising concerns about its long-term sustainability in a competitive market.

Which are the latest news on Shalimar Paints?

Why is Shalimar Paints Ltd. falling/rising?

As of 03-Feb, Shalimar Paints Ltd. has seen a short-term stock price increase to Rs 63.00, but it has significantly underperformed over the past year and three years, with declines of 54.46% and 55.29%, respectively. The company's long-term fundamentals are weak, highlighted by operating losses and a negative EBIT to Interest ratio, raising concerns about its future performance.

As of 03-Feb, Shalimar Paints Ltd. is experiencing a rise in its stock price, currently at Rs 63.00, reflecting an increase of Rs 2.21 or 3.64%. This upward movement is notable as the stock has outperformed its sector by 2.46% today and reached an intraday high of Rs 64.08, which is a 5.41% increase. However, despite this short-term rise, the stock has shown significant underperformance over longer periods, with a decline of 54.46% over the past year and 55.29% over the last three years.<BR><BR>The stock's current performance is juxtaposed against a backdrop of poor long-term fundamentals, including operating losses and a weak ability to service debt, as indicated by a negative EBIT to Interest ratio of -2.88. Additionally, the company's operating profit has decreased at an annual rate of 3.01% over the last five years. Recent financial results have also been disappointing, with a reported operating cash flow of Rs -58.61 crore and a 14.4% decline in net sales compared to the previous four-quarter average.<BR><BR>Investor participation appears to be declining, with a 2.92% drop in delivery volume against the five-day average, which may contribute to the stock's volatility. Furthermore, a significant 70.51% of promoter shares are pledged, which can exert additional downward pressure on the stock in a falling market. Overall, while there is a temporary rise in the stock price, the long-term outlook remains concerning due to the company's fundamental weaknesses and historical performance.