NSE · SHALPAINTS
Shalimar Paints Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹153 Cr with net profit ₹-6 Cr — a -4.04% net margin, versus -20.41% the period before.
Shareholding
As of 2026-06-30
- Promoter74.96%
- Public24.96%
- FII0.04%
- DII0.03%
31,768 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 2.52× from low to high.
Risk flags
Derived from disclosed data
- Under exchange surveillance — LT-ASM · ASM 2. Trading may carry price bands, periodic call auction or higher margins.
Peer comparison
Paints / Varnishes · ranked #6 of 8 by market cap · medians across 5 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Asian Paints Limited | ₹2,64,297 Cr | 225.3 | 12.37 | 19.46% | 10.94% |
| Berger Paints India Ltd. | ₹58,557 Cr | 174.98 | 8.47 | 16.29% | 9.49% |
| Kansai Nerolac Paints Ltd. | ₹16,144 Cr | 126.34 | 2.4 | 8.78% | 7.32% |
| JSW Dulux Limited | ₹13,425 Cr | 106.81 | 5.47 | 17.68% | 54.71% |
| Indigo Paints Limited | ₹5,133 Cr | 88.98 | 4.45 | 12.57% | 10.33% |
| Shalimar Paints Ltd.(this company) | ₹580 Cr | — | 2.31 | -25.86% | -11.28% |
AI analysis
AI-generated · google/gemini-2.5-flashShalimar Paints Ltd. operates in the Paints/Varnish sector with a market capitalization of Rs 578 Cr. The company reported a negative Return on Equity (ROE) of -25.86% and a negative Return on Capital Employed (ROCE) of -9.61%. The debt-to-equity ratio stands at 0.55. Profit margin was -11.28%.
Positives
- None identified.
Negatives
- −The company's Return on Equity (ROE) is negative at -25.86%.
- −The Return on Capital Employed (ROCE) is negative at -9.6188%.
- −Shalimar Paints Ltd. has a negative profit margin of -11.28%.
- −Promoter shareholding has 70.51% pledged as of June 30, 2026.
- −The company is under LT-ASM Stage 1 surveillance.
Financial Performance
Shalimar Paints Ltd. last reported revenue of 155.93 Cr for Mar 2026, with a net profit of -7.39 Cr for the same period. Over the last four quarters (from Jun 2025 to Mar 2026), revenues were 154.56 Cr, 133.81 Cr, 131.33 Cr, and 155.93 Cr respectively. Net profits for these quarters were -16.77 Cr, -14.14 Cr, -26.65 Cr, and -7.39 Cr, indicating a consistent trend of losses. The company's profit margin is -11.28%.
Profitability & Returns
The company's profitability metrics indicate a challenging financial position. Shalimar Paints Ltd. reported a negative Return on Equity (ROE) of -25.86% and a negative Return on Capital Employed (ROCE) of -9.6188%. The Earnings Per Share (EPS) is 0, reflecting no positive earnings. The net profit margin is -11.28%.
Balance Sheet
Shalimar Paints Ltd. has a book value of Rs 17.02 per share. The debt-to-equity ratio is 0.55, indicating a moderate level of debt relative to equity. No dividend yield is reported, at 0%.
Ownership & Pledges
A significant portion of the promoter holding, 70.51%, is pledged. Hella Infra Market Limited, a promoter group entity, has pledged 100% of its shares (44,242,921 shares) as of June 30, 2026.
Regulatory & Surveillance
Shalimar Paints Ltd. is currently under LT-ASM (Long Term Additional Surveillance Measure) Stage 1 surveillance. This indicates that the stock has met specific criteria set by the exchanges for increased monitoring due to parameters such as price variation, volatility, or other unusual trading patterns.
Data as of — price: 2026-07-29 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.