Shalimar Paints Ltd Stock Price Today (NSE: SHALPAINTS)
Fundamental Score
Shalimar Paints Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Shalimar Paints Ltd share price today is ₹51.89, down 2.32% on NSE/BSE as of 17 June 2026. Shalimar Paints Ltd (SHALPAINTS) is a Small-cap company in the Paints sector with a market capitalisation of ₹553.99 (Cr). The 52-week high for SHALPAINTS share price is ₹101.74 and the 52-week low is ₹35.21. The company has a Return on Equity (ROE) of -22.64% and a debt-to-equity ratio of 0.67.
Shalimar Paints Ltd Share Price Chart — NSE/BSE Historical Performance
Shalimar Paints Ltd share price chart: 2.12% return over the past month. 52-week high ₹101.74, 52-week low ₹35.21.
Shalimar Paints Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹49.51 | ₹50.98 | ₹49.51 | ₹50.32 | 17.04K (Cr) | |
| ₹51.70 | ₹51.70 | ₹49.44 | ₹49.62 | 27.40K (Cr) | |
| ₹53.34 | ₹53.48 | ₹50.70 | ₹51.07 | 37.76K (Cr) | |
| ₹52.56 | ₹52.56 | ₹52.56 | ₹52.56 | 0.00 (Cr) | |
| ₹51.51 | ₹52.83 | ₹51.51 | ₹52.56 | 35.13K (Cr) | |
| ₹50.81 | ₹51.95 | ₹50.81 | ₹51.84 | 29.76K (Cr) | |
| ₹50.60 | ₹51.90 | ₹50.30 | ₹50.81 | 48.06K (Cr) | |
| ₹49.98 | ₹51.20 | ₹49.51 | ₹50.09 | 24.26K (Cr) | |
| ₹49.99 | ₹50.97 | ₹49.50 | ₹49.98 | 16.05K (Cr) | |
| ₹48.70 | ₹50.25 | ₹48.70 | ₹49.66 | 18.74K (Cr) |
Shalimar Paints Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹51.70 | ₹51.70 | ₹49.44 | ₹50.32 | -2.67% | |
| ₹51.98 | ₹56.93 | ₹48.12 | ₹51.07 | -1.75% | |
| ₹37.05 | ₹55.10 | ₹37.05 | ₹51.12 | +37.98% | |
| ₹54.10 | ₹54.99 | ₹35.21 | ₹36.08 | -33.31% | |
| ₹61.96 | ₹65.71 | ₹53.22 | ₹55.41 | -10.57% | |
| ₹61.81 | ₹76.90 | ₹58.01 | ₹61.10 | -1.15% | |
| ₹66.99 | ₹67.27 | ₹54.50 | ₹61.65 | -7.97% | |
| ₹78.31 | ₹79.00 | ₹65.66 | ₹66.79 | -14.71% | |
| ₹86.70 | ₹88.47 | ₹76.80 | ₹78.31 | -9.68% | |
| ₹72.26 | ₹88.71 | ₹70.57 | ₹86.20 | +19.29% | |
| ₹81.71 | ₹82.99 | ₹69.66 | ₹71.73 | -12.21% | |
| ₹97.97 | ₹99.49 | ₹80.66 | ₹81.71 | -16.60% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Perpetual turnaround story with serial losses and governance red flags; avoid until REAL signs of sustainable profitability emerge.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Shalimar Paints closed its trading window on April 1, 2026, ahead of its FY26 results. Ms. Shalmali Sharma, Head of Human Resources, resigned effective March 31, 2026, due to health issues. Mr. Venugopal Chetlur resigned as Whole-time Director on March 4, 2026, but continues as COO.
CORE STORY (THE REAL GAME)
Shalimar Paints is a turnaround story perpetually stuck in the 'attempting to turn around' phase. Market sentiment is pricing in hope, but the financials are a harsh reality check.
- Trading window closed ahead of FY26 results
- Head of HR resigned
- COO continues after resigning from Whole-time Director position
- Unexpected order wins
- Sharp reduction in debt
- Promoter unpledging
- Negative Free Cash Flow of ₹-230.71 Cr
- High promoter pledging at 61.35%
- Management instability (HR Head resigned, Director became COO)
No major fund involvement, indicating a lack of institutional confidence.
Crude oil price volatility impacts raw material costs and margins.
No. Free Cash Flow 5Y: ₹-230.71 Cr.
Next 3-6 months hinge on FY26 results. Expect continued volatility. Any positive surprise will be short covering, not genuine investment.
Primary Thesis Risk
Inability to achieve sustainable profitability and service debt.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Shalimar Paints Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Shalimar Paints Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of SHALPAINTS across key market metrics for learning purposes.
Positive Indicators
2 factors identified
Robust Profit Growth (27.93%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Balanced Promoter Holding (74.97%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
11 factors identified
Below-Average Return on Equity (-22.64%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (-12.80%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (-6.27%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Revenue Contraction (-7.55%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Earnings Growth (-3.44% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-26.73% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Weak Interest Coverage (-1.81x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-230.71 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.04%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
High Share Pledging Risk (61.35%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Shalimar Paints Ltd vs Paints Peers
Peer Comparison - Paints
Compare Shalimar Paints Ltd with 9 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Shalimar Paints LtdShalimar Paints...Selected✓ SHALPAINTS • 509874 | 0/100 | ₹51.89₹52 | ₹553.99₹553.99 | — — | -22.64%Poor -22.64% Poor | -12.80%Poor -12.80% Poor | 0.67Good 0.7 Good | -26.73%Poor -26.73% Poor | 11.74%Good 11.74% Good | 0.00% |
Asian Paints LtdAsian Paints Lt... ASIANPAINT • 500820 | 52/100 | ₹2671.90₹2672 | ₹275155.28₹275155.28 | 68.47Average 68.5 Average | 20.59%Excellent 20.59% Excellent | 25.72%Excellent 25.72% Excellent | 0.18Excellent 0.2 Excellent | 7.81%Good 7.81% Good | 10.90%Good 10.90% Good | 0.86% |
Berger Paints India LtdBerger Paints I... BERGEPAINT • 509480 | 49.2/100 | ₹526.95₹527 | ₹64692.18₹64692.18 | 58.52Average 58.5 Average | 20.26%Excellent 20.26% Excellent | 24.90%Excellent 24.90% Excellent | 0.11Excellent 0.1 Excellent | 12.58%Good 12.58% Good | 12.64%Good 12.64% Good | 0.68% |
Kansai Nerolac Paints LtdKansai Nerolac ... KANSAINER • 500165 | 42.9/100 | ₹218.34₹218 | ₹18789.43₹18789.43 | 28.86Average 28.9 Average | 10.41%Average 10.41% Average | 13.03%Average 13.03% Average | 0.04Excellent 0.0 Excellent | 3.97%Average 3.97% Average | 8.18%Good 8.18% Good | 1.08% |
Akzo Nobel India LtdAkzo Nobel Indi... AKZOINDIA • 500710 | 48.6/100 | ₹2909.70₹2910 | ₹15001.79₹15001.79 | 38.42Average 38.4 Average | 32.23%Excellent 32.23% Excellent | 41.66%Excellent 41.66% Excellent | 0.03Excellent 0.0 Excellent | 12.53%Good 12.53% Good | 8.98%Good 8.98% Good | 3.03% |
Indigo Paints LtdIndigo Paints L... INDIGOPNTS • 543258 | 58.9/100 | ₹999.25₹999 | ₹6131.57₹6131.57 | 42.21Average 42.2 Average | 14.65%Average 14.65% Average | 19.51%Good 19.51% Good | 0.02Excellent 0.0 Excellent | 24.67%Excellent 24.67% Excellent | 15.37%Excellent 15.37% Excellent | 0.27% |
Sirca Paints India LtdSirca Paints In... SIRCA • 543686 | 65.5/100 | ₹419.15₹419 | ₹2859.53₹2859.53 | 49.36Average 49.4 Average | 14.94%Average 14.94% Average | 19.98%Good 19.98% Good | 0.10Excellent 0.1 Excellent | 14.79%Good 14.79% Good | 22.64%Excellent 22.64% Excellent | 0.30% |
Kamdhenu Ventures LtdKamdhenu Ventur... KAMOPAINTS • 543747 | 18.1/100 | ₹5.36₹5 | ₹221.36₹221.36 | 38.43Average 38.4 Average | 4.10%Poor 4.10% Poor | 6.57%Poor 6.57% Poor | 0.19Excellent 0.2 Excellent | — — | — — | 0.00% |
SIDDHIKA COATINGSSIDDHIKA COATIN... SIDDHIKA • | 62.5/100 | ₹203.65₹204 | ₹136.53₹136.53 | 15.99Average 16.0 Average | 23.51%Excellent 23.51% Excellent | 31.10%Excellent 31.10% Excellent | 0.00Excellent 0.0 Excellent | 22.83%Excellent 22.83% Excellent | 10.35%Good 10.35% Good | 1.49% |
Retina Paints LtdRetina Paints L... RETINA • 543902 | 44.7/100 | ₹49.60₹50 | ₹98.53₹98.53 | 85.68Average 85.7 Average | 4.62%Poor 4.62% Poor | 8.06%Poor 8.06% Poor | 0.31Excellent 0.3 Excellent | 79.38%Excellent 79.38% Excellent | 27.84%Excellent 27.84% Excellent | 0.00% |
Top Paints Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Asian Paints Ltd share price275155.28 Cr
- Berger Paints India Ltd share price64692.18 Cr
- Kansai Nerolac Paints Ltd share price18789.43 Cr
- Akzo Nobel India Ltd share price15001.79 Cr
- Indigo Paints Ltd share price6131.57 Cr
Shalimar Paints Ltd Quarterly Performance
Latest quarterly metrics for SHALPAINTS — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-7.55%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
27.93%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
11.74%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-26.73%
Compounded annual net profit growth over 5 years
Shalimar Paints Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for SHALPAINTS — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Shalimar Paints Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Shalimar Paints Ltd (SHALPAINTS) — sourced from NSE/BSE filings.
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About SHALPAINTS (Shalimar Paints Ltd)
Shalimar Paints Ltd is a venerable institution within the Indian paint industry, steeped in a legacy of color and protection that spans generations. The company formulates, manufac...tures, and distributes an extensive array of paints and coatings, meticulously crafted to cater to a diverse spectrum of needs. From the vibrant hues that adorn homes and offices to the specialized coatings that safeguard critical infrastructure, Shalimar Paints is synonymous with quality and reliability. Their product portfolio reflects a commitment to innovation, constantly evolving to meet the demands of modern aesthetics and performance. With a focus on durability and visual appeal, Shalimar Paints ensures that surfaces not only look beautiful but also withstand the test of time. The heart of Shalimar Paints lies in its capacity to transform ordinary spaces into captivating environments. Their decorative paints are designed to inspire creativity and reflect individual styles, offering a rich palette of colors and textures for interior and exterior applications. Beyond aesthetics, Shalimar Paints recognizes the importance of preserving and protecting valuable assets. They offer specialized coatings engineered to resist harsh weather conditions, corrosion, and other environmental challenges. These protective coatings extend the lifespan of structures and equipment, ensuring long-term performance and minimizing maintenance costs. Shalimar Paints is dedicated to delivering solutions that are both aesthetically pleasing and functionally superior. Shalimar Paints maintains a dedication to research and development, constantly striving to improve existing products and pioneer new technologies. From high-performance industrial coatings to eco-friendly decorative paints, Shalimar Paints is committed to sustainability and responsible manufacturing practices. Their dedication to excellence is evident in their quality control processes, ensuring that every product meets the highest standards of performance and environmental compliance. Shalimar Paints strives to be a leader in the paints and coatings market, providing innovative solutions that improve the quality of life and protect the world around us.
Company Details
Key Leadership
Corporate Events
SHALPAINTS Share Price: Frequently Asked Questions
What is the current share price of Shalimar Paints Ltd?
Shalimar Paints Ltd (SHALPAINTS) trades at ₹51.89 on NSE and BSE. Market cap ₹553.99 (Cr). Educational data only.
What is the P/E ratio of Shalimar Paints Ltd?
Shalimar Paints Ltd has a P/E of N/Ax vs industry average 40.32x.
What is the Bull Run score for Shalimar Paints Ltd?
Shalimar Paints Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.
Does Shalimar Paints Ltd pay dividends?
Shalimar Paints Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Shalimar Paints Ltd?
Shalimar Paints Ltd has ROE of -22.64%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Shalimar Paints Ltd?
Shalimar Paints Ltd has debt-to-equity of 0.67.
Is Shalimar Paints Ltd a good investment?
Bull Run gives Shalimar Paints Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.