Shalimar Paints Ltd Stock Price Today (NSE: SHALPAINTS)
Fundamental Score
Shalimar Paints Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Shalimar Paints Ltd share price today is ₹59.89, up +0.00% on NSE/BSE as of 17 February 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 ₹N/A and the 52-week low is ₹N/A. 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
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Shalimar Paints Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Shalimar Paints Share Price: A Conservative Value Investor's Perspective
The paints industry, typically a stable sector driven by housing and infrastructure development, enjoys relatively predictable demand. Today, we analyze the Shalimar Paints share price, currently trading at ₹62.60. As a conservative value investor primarily concerned with capital preservation, my analysis focuses on the company's financial health and its ability to generate sustainable returns. This analysis forms part of a more comprehensive 80-parameter fundamental audit, verified by Sweta Mishra.
A key metric for evaluating a company's profitability is its Return on Capital Employed (ROCE). Shalimar Paints currently exhibits a negative ROCE of -12.8%. This indicates that the company is not efficiently generating profits from its invested capital. From a value investing perspective, this is concerning. A persistently negative ROCE erodes shareholder value and can indicate deeper underlying issues with operational efficiency or competitive positioning.
The negative ROCE also severely impacts the company's moat, or competitive advantage. A strong moat protects a company's profitability and market share. Shalimar Paints' current financial performance suggests a weak or non-existent moat, making it vulnerable to competition from larger, more efficient players such as
Asian Paints Ltd. When we consider the management quality differences in Shalimar and Asian Paints, there are observational differences.In comparison, industry peers like Asian Paints Ltd often boast significantly higher ROCE figures, reflecting their superior operational efficiency, brand strength, and pricing power. This highlights the challenges Shalimar Paints faces in competing effectively within the paints sector.
It is important to observe this information when assessing risk. Prudent investing requires a thorough understanding of a company's financial health and competitive landscape. The negative ROCE warrants caution and necessitates further investigation into the underlying causes and potential turnaround strategies, if any exist, before considering an investment. The paints sector is dynamic; however, financial analysis cannot make predictions or opinions about the future.
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 Financial Statements
Comprehensive financial data for Shalimar Paints Ltd including income statement, balance sheet and cash flow
About SHALPAINTS (Shalimar Paints Ltd)
Shalimar Paints Ltd (SHALPAINTS) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Paints sector with a current market capitalisation of ₹553.99 (Cr). Shalimar Paints Ltd has delivered a Return on Equity (ROE) of -22.64% and a ROCE of -12.80%. The debt-to-equity ratio stands at 0.67, reflecting the company's capital structure. Investors tracking SHALPAINTS share price can monitor key metrics including P/E ratio, promoter holding of 74.97%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
SHALPAINTS Share Price: Frequently Asked Questions
What is the current share price of Shalimar Paints Ltd (SHALPAINTS)?
As of 17 Feb 2026, 10:22 am IST, Shalimar Paints Ltd share price is ₹59.89. The SHALPAINTS stock has a market capitalisation of ₹553.99 (Cr) on NSE/BSE.
Is SHALPAINTS share price Overvalued or Undervalued?
SHALPAINTS share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 40.32x. Based on this relative valuation, the Shalimar Paints Ltd stock appears to be Fairly Valued against its sector peers.
What is the 52-week high and low of SHALPAINTS share price?
The 52-week high of SHALPAINTS share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Shalimar Paints Ltd share price?
Key factors influencing SHALPAINTS share price include quarterly earnings growth (Sales Growth: -7.55%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Shalimar Paints Ltd a good stock for long-term investment?
Shalimar Paints Ltd shows a 5-year Profit Growth of -26.73% and an ROE of -22.64%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.67 before investing in SHALPAINTS shares.
How does Shalimar Paints Ltd compare with its industry peers?
Shalimar Paints Ltd competes with major peers in the Paints. Investors should compare SHALPAINTS share price P/E of 0.00x and ROE of -22.64% against the industry averages to determine competitive standing.
What is the P/E ratio of SHALPAINTS and what does it mean?
SHALPAINTS share price has a P/E ratio of N/Ax compared to the industry average of 40.32x. Investors pay ₹N/A for every ₹1 of annual earnings.
How is SHALPAINTS performing according to Bull Run's analysis?
SHALPAINTS has a Bull Run fundamental score of N/A/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does SHALPAINTS belong to?
SHALPAINTS operates in the Paints industry. This classification helps understand the competitive landscape and sector-specific trends affecting Shalimar Paints Ltd share price.
What is Return on Equity (ROE) and why is it important for SHALPAINTS?
SHALPAINTS has an ROE of -22.64%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Shalimar Paints Ltd generates profits from shareholders capital.
How is SHALPAINTS debt-to-equity ratio and what does it indicate?
SHALPAINTS has a debt-to-equity ratio of 0.67, which indicates moderate leverage that should be monitored.
What is SHALPAINTS dividend yield and is it a good dividend stock?
SHALPAINTS offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Shalimar Paints Ltd shares.
How has SHALPAINTS share price grown over the past 5 years?
SHALPAINTS has achieved 5-year growth rates of: Sales Growth 11.74%, Profit Growth -26.73%, and EPS Growth -3.44%.
What is the promoter holding in SHALPAINTS and why does it matter?
Promoters hold 74.97% of SHALPAINTS shares, with 61.35% pledged. High promoter holding often indicates strong management confidence in Shalimar Paints Ltd.
What is SHALPAINTS market capitalisation category?
SHALPAINTS has a market capitalisation of ₹554 crores, placing it in the Small-cap category.
How volatile is SHALPAINTS stock?
SHALPAINTS has a beta of N/A. A beta > 1 suggests the Shalimar Paints Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is SHALPAINTS operating profit margin trend?
SHALPAINTS has a 5-year average Operating Profit Margin (OPM) of -6.27%, indicating the company's operational efficiency.
How is SHALPAINTS quarterly performance?
Recent quarterly performance shows Shalimar Paints Ltd YoY Sales Growth of -7.55% and YoY Profit Growth of 27.93%.
What is the institutional holding pattern in SHALPAINTS?
SHALPAINTS has FII holding of 0.01% and DII holding of 0.03%. Significant institutional holding often suggests professional confidence in the Shalimar Paints Ltd stock.