Shalimar Paints
NSE: SHALPAINTS · Paints
Snapshot
Unlock Shalimar Paints's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Shalimar Paints Limited is an Indian manufacturer and distributor of a wide range of decorative, industrial, and marine paints and coatings. The company offers products including emulsions, primers, enamels, and specialised packaging coatings under various established brand names.
Business Model
The company generates revenue through the manufacturing and sale of paint and coating products across decorative and industrial segments. It operates through a distribution network that supplies products to both retail consumers and industrial clients.
- Incorporation Year:1902
Growth Outlook
Growth is driven by the expansion of the decorative paints portfolio and the maintenance of its industrial and marine coating segments. The company continues to leverage its long-standing brand heritage to capture market share in the competitive Indian paints industry.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of crude oil derivatives and other chemical inputs significantly impact manufacturing costs and profit margins.
- Intense Market Competition. The Indian paint industry is highly competitive, featuring large established players that exert pressure on pricing and market share.
- Economic Sensitivity. Demand for decorative paints is closely linked to the cyclical nature of the real estate and construction sectors.
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Key Metrics
REVENUE
₹559 Cr
TTM · consolidated
NET PROFIT
₹-69 Cr
TTM · consolidated
EPS
₹-8.29
TTM · consolidated
RETURN ON EQUITY
-24.5%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
-15.0%
TTM · consolidated
P/E
-10.3x
Q1 FY27 · consolidated
EV/EBITDA
-41.0x
Q1 FY27 · consolidated
EBITDA MARGIN
-3.8%
TTM · consolidated
NET PROFIT MARGIN
-15.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.6x
Q1 FY27 · consolidated
Peers · Paints
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Shalimar PaintsSHALPAINTS | ₹715 Cr | -10.31 | -41.03 | -10.5% | -3.8% | -24.5% | -15.0% | +16.8% |
Berger Paints India Ltd.BERGEPAINT | ₹56,586 Cr | 46.48 | 28.09 | 5.2% | 16.5% | 18.6% | 22.6% | -10.3% |
Kansai Nerolac Paints LimitedKANSAINER | ₹15,705 Cr | 26.17 | 13.58 | 5.2% | 13.9% | 9.0% | 12.3% | -20.2% |
JSW Dulux LimitedAKZOINDIA | ₹14,457 Cr | 6.95 | 24.71 | -7.0% | 15.3% | 106.3% | 118.1% | -7.1% |
Indigo Paints LimitedINDIGOPNTS | ₹5,653 Cr | 35.12 | 19.41 | 9.5% | 19.8% | 15.0% | 18.9% | +2.9% |
Sirca Paints India LimitedSIRCA | ₹2,495 Cr | 36.79 | 23.39 | 24.1% | 20.8% | 14.1% | 18.4% | -5.3% |
As of Q1 FY27
Financials
Shalimar Paints
NSE: SHALPAINTS · Paints
Snapshot
Unlock Shalimar Paints's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Shalimar Paints Limited is an Indian manufacturer and distributor of a wide range of decorative, industrial, and marine paints and coatings. The company offers products including emulsions, primers, enamels, and specialised packaging coatings under various established brand names.
Business Model
The company generates revenue through the manufacturing and sale of paint and coating products across decorative and industrial segments. It operates through a distribution network that supplies products to both retail consumers and industrial clients.
- Incorporation Year:1902
Growth Outlook
Growth is driven by the expansion of the decorative paints portfolio and the maintenance of its industrial and marine coating segments. The company continues to leverage its long-standing brand heritage to capture market share in the competitive Indian paints industry.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of crude oil derivatives and other chemical inputs significantly impact manufacturing costs and profit margins.
- Intense Market Competition. The Indian paint industry is highly competitive, featuring large established players that exert pressure on pricing and market share.
- Economic Sensitivity. Demand for decorative paints is closely linked to the cyclical nature of the real estate and construction sectors.
Start your research today
Unlock AI insights, financials, peers and live data on Shalimar Paints and 5,000+ companies — free.
Key Metrics
REVENUE
₹559 Cr
TTM · consolidated
NET PROFIT
₹-69 Cr
TTM · consolidated
EPS
₹-8.29
TTM · consolidated
RETURN ON EQUITY
-24.5%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
-15.0%
TTM · consolidated
P/E
-10.3x
Q1 FY27 · consolidated
EV/EBITDA
-41.0x
Q1 FY27 · consolidated
EBITDA MARGIN
-3.8%
TTM · consolidated
NET PROFIT MARGIN
-15.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.6x
Q1 FY27 · consolidated
Peers · Paints
As of Q1 FY27