Diversified Business ModelShalimar operates in both decorative paints and industrial/protective coatings, serving residential/commercial repainting and infrastructure/industrial projects. This product and channel diversification (dealer/distribution plus direct project contracts) provides durable demand smoothing across cycles.

Manageable LeverageThe balance sheet exhibits a moderate leverage profile with a manageable debt-to-equity mix and an equity ratio around 44.8%. A mildly leveraged capital structure supports financial flexibility for working capital and selective investments without the acute risks of highly leveraged peers.

Recent Revenue Growth MomentumTop-line increased in the recent period (5306M to 5990M, 12.9%) and reported positive revenue growth metrics, indicating ability to regain sales momentum. Sustained revenue growth can underpin margin recovery and improved cash generation if cost and mix trends are managed.

Bears Say

Weak Cash GenerationPersistent negative operating and free cash flow constrains the company's ability to fund operations, capex and debt service internally. Over months this increases reliance on external financing, heightens liquidity risk, and limits capacity to execute strategic initiatives without balance sheet strain.

Margin ErosionA sharp drop in gross margin (25.9% to 11.4%) alongside negative net income signals structural pricing, cost, or mix pressures. Sustained margin deterioration undermines profitability potential and requires meaningful operational improvements to restore healthy, durable margins.

Negative Operating Profitability And Equity DeclineNegative EBIT/EBITDA margins together with declining stockholders' equity reduce operational and financial resilience. Continued operating losses erode returns on capital, raise the risk of covenant issues, and limit the firm's ability to invest for medium-term recovery without recapitalization.

Shalimar Paints Ltd News

Shalimar Paints Seeks Stock Exchange Nod to Reclassify Certain Promoter Group Shareholders as Public

Shalimar Paints Ltd ( ($IN:SHALPAINTS) ) just unveiled an update. Shalimar Paints has informed the stock exchanges that,...

2M ago

Shalimar Paints Announces Q2 2025 Financial Results

Shalimar Paints Ltd ( ($IN:SHALPAINTS) ) has provided an announcement. Shalimar Paints Ltd announced the approval of its...

3M ago

Shalimar Paints Ltd Seeks Reclassification of Promoter Group Shares

The latest announcement is out from Shalimar Paints Ltd ( ($IN:SHALPAINTS) ). Shalimar Paints Ltd has received a...

3M ago

Shalimar Paints Seeks Shareholder Reclassification

Shalimar Paints Ltd ( ($IN:SHALPAINTS) ) has issued an announcement. Shalimar Paints Ltd has announced a request for...

4M ago

SHALPAINTS FAQ

What was Shalimar Paints Ltd’s price range in the past 12 months?

Shalimar Paints Ltd lowest stock price was ₹47.11 and its highest was ₹118.91 in the past 12 months.

What is Shalimar Paints Ltd’s market cap?

Shalimar Paints Ltd’s market cap is ₹4.38B.

When is Shalimar Paints Ltd’s upcoming earnings report date?

Shalimar Paints Ltd’s upcoming earnings report date is May 22, 2026 which is in 77 days.

How were Shalimar Paints Ltd’s earnings last quarter?

Shalimar Paints Ltd released its earnings results on Feb 12, 2026. The company reported -₹3.184 earnings per share for the quarter, missing the consensus estimate of N/A by -₹3.184.

Is Shalimar Paints Ltd overvalued?

According to Wall Street analysts Shalimar Paints Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Shalimar Paints Ltd pay dividends?

Shalimar Paints Ltd pays a Annually dividend of ₹1.438 which represents an annual dividend yield of N/A. See more information on Shalimar Paints Ltd dividends here

What is Shalimar Paints Ltd’s EPS estimate?

Shalimar Paints Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Shalimar Paints Ltd have?

Shalimar Paints Ltd has 83,711,180 shares outstanding.

What happened to Shalimar Paints Ltd’s price movement after its last earnings report?

Shalimar Paints Ltd reported an EPS of -₹3.184 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.771%.

Which hedge fund is a major shareholder of Shalimar Paints Ltd?

Currently, no hedge funds are holding shares in IN:SHALPAINTS

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Shalimar Paints Ltd

Shalimar Paints Limited engages in manufacturing, selling, and distributing paints and coatings in India. The company offers decorative paints for interior and exterior surfaces; industrial paints; marine paints, including antifouling paints; packaging coatings for metal decoration; and emulsions, distempers, primers, putty, enamels, varnishes, and lacquers. The company markets its products under the Weather Pro, Xtra Tough Premier, Shaktiman, Signature, Stay Clean, Superlac Advance, No 1 Silk and Master, and NO.1 Distemper brand names. The company was formerly known as Shalimar Paint Colour & Varnish Co. Ltd. and changed its name to Shalimar Paints Limited in September 1963. Shalimar Paints Limited was incorporated in 1902 and is based in Gurugram, India.