Shalimar Paints Limited

Consumer Durables · Consumer Durables

NSE: SHALPAINTS BSE: 509874

₹80.62

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Consumer Durables

The largest companies in the same industry by market cap. This company ranks #96 of 214. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Titan Company Limited	407,228	76.4	32.3%	34.6%	—	72	26	27
Asian Paints Limited	230,457	49.8	20.0%	2.9%	—	87	0	62
LG Electronics India Limited	116,986	64.1	—	—	—	85	0	87
Dixon Technologies (India) Limited	80,023	63.9	30.5%	-20.4%	—	92	33	30
Havells India Limited	63,760	38.6	17.8%	-31.6%	—	74	13	8
Kalyan Jewellers India Limited	57,126	42.3	21.4%	18.9%	0.45%	66	33	29
Berger Paints (I) Limited	53,106	45.4	16.3%	-14.0%	—	80	0	63
Voltas Limited	35,405	84.7	5.8%	-20.9%	0.37%	62	5	11
Shalimar Paints Limited (this stock)	675	—	-25.8%	-5.2%	—	25	66	51

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹825 Cr

EV / EBITDA

Data unavailable.

EV / Sales

1.49x

Market cap / Sales

1.22x

Earnings yield

Data unavailable.

Quarterly Financials

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Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 137 Cr, down 11.5% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs -21 Cr, up 24.7% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	136	-21	-21	₹-2.4800
March 31, 2026	153	-6	-6	₹-0.7400
Dec. 31, 2025	130	-27	-27	₹-3.1800
Sept. 30, 2025	132	-14	-14	₹-1.6600
June 30, 2025	153	-17	-17	₹-1.9900
March 31, 2025	178	-10	-10	₹-1.1400
Dec. 31, 2024	148	-24	-24	₹-2.8600
Sept. 30, 2024	145	-20	-20	₹-2.3400
June 30, 2024	128	-27	-27	₹-3.2300
March 31, 2024	144	-26	-26	₹-3.1500
Dec. 31, 2023	146	-12	-12	₹-1.4000
Sept. 30, 2023	119	-26	-26	₹-3.5500
June 30, 2023	126	-10	-10	₹-1.4200

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	137	154	131	135	155	185	149	146	129	147	147	121	127
Operating revenue	136	153	130	132	153	178	148	145	128	144	146	119	126
Other income	1	1	1	3	2	7	1	1	1	3	2	2	2
Operating expenses	148	150	141	138	161	185	163	158	150	167	153	139	130
Operating profit	-12	3	-11	-6	-8	-7	-15	-13	-21	-22	-7	-20	-5
Operating profit margin	-8.7%	2.2%	-8.2%	-4.5%	-4.9%	-4.1%	-10.3%	-8.9%	-16.5%	-15.6%	-4.8%	-16.9%	-3.7%
Depreciation	5	5	5	5	5	4	4	4	4	4	4	3	3
Interest	5	6	7	6	6	5	5	4	3	2	2	4	4
Exceptional items, gain / (loss)	—	—	-5	—	—	—	—	—	—	—	—	—	—
Profit before tax	-21	-6	-27	-14	-17	-10	-24	-20	-27	-26	-12	-26	-10
Tax	—	—	—	—	—	—	—	—	—	—	—	—	—
Net profit	-21	-6	-27	-14	-17	-10	-24	-20	-27	-26	-12	-26	-10
EPS	-2.48	-0.74	-3.18	-1.66	-1.99	-1.14	-2.86	-2.34	-3.23	-3.15	-1.40	-3.55	-1.42
Net profit (TTM)	-67	-63	-67	-64	-70	-80	-97	-84	-91	-74	-57	-52	-37
EPS (TTM)	-8.06	-7.57	-7.97	-7.65	-8.33	-9.57	-11.58	-10.12	-11.33	-9.52	-7.70	-7.16	-5.10

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	569	-63	-63
March 31, 2025	599	-80	-80

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	5.3%	11.6%	576^†	609^†	543^†	493^†	363^†	333^†	345^†	290^†	279^†	371^†
Operating revenue	5.4%	11.8%	569	599	535^†	485^†	358^†	326^†	344^†	288^†	278^†	369^†
Other income	—	—	7^†	10^†	8^†	7^†	5^†	8^†	1^†	2^†	1^†	2^†
Operating expenses	—	—	590^†	656^†	589^†	500^†	381^†	322^†	377^†	350^†	—	—
Operating profit	—	—	-21^†	-57^†	-54^†	-15^†	-22^†	4^†	-34^†	-62^†	—	—
Operating profit margin	—	—	-3.7%^†	-9.5%^†	-10.1%^†	-3.0%^†	-6.3%^†	1.1%^†	-9.8%^†	-21.6%^†	—	—
Depreciation	—	—	20^†	16^†	15^†	13^†	13^†	13^†	11^†	8^†	—	—
Interest	—	—	25^†	18^†	13^†	16^†	22^†	19^†	20^†	25^†	26^†	23^†
Exceptional items, gain / (loss)	—	—	-5^†	0^†	0^†	0^†	-11^†	-2^†	7^†	-16^†	0^†	0^†
Profit before tax	—	—	-63	-80	-74^†	-36^†	-64^†	-23^†	-56^†	-109^†	-67^†	-10^†
Tax	—	—	—	—	—	—	—	26^†	-18^†	-27^†	-22^†	-4^†
Net profit	—	—	-63	-80	-74^†	-36^†	-64^†	-50^†	-38^†	-82^†	-45^†	-7^†
EPS	—	—	-7.57^†	-9.57^†	-9.52^†	-5.00^†	-11.69^†	-9.12^†	-6.98^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	-3.7%^†	-9.5%^†	-10.1%^†	-3.0%^†	-6.3%^†	1.1%^†	-9.8%^†	-21.6%^†	—	—
EBIT margin	-6.7%^†	-10.4%^†	-11.4%^†	-4.2%^†	-11.6%^†	-1.3%^†	-10.5%^†	-29.2%^†	-14.8%^†	3.3%^†
PBT margin	-11.1%	-13.4%	-13.8%^†	-7.4%^†	-17.8%^†	-7.2%^†	-16.2%^†	-37.8%^†	-24.1%^†	-2.8%^†
Net margin	-11.1%	-13.4%	-13.8%^†	-7.4%^†	-17.8%^†	-15.2%^†	-11.0%^†	-28.3%^†	-16.4%^†	-1.8%^†
Interest coverage	-1.51x^†	-3.56x^†	-4.69x^†	-1.28x^†	-1.88x^†	-0.22x^†	-1.81x^†	-3.36x^†	-1.59x^†	0.55x^†
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	0.82x	1.00x	—	—	—	—	—	—	—	—
Quick ratio	0.55x	0.62x	—	—	—	—	—	—	—	—
Debt to equity	0.66x	0.51x	—	—	—	—	—	—	—	—
Return on equity	-26.7%	-26.8%	—	—	—	—	—	—	—	—
Return on assets	-10.2%	-11.7%	—	—	—	—	—	—	—	—
Return on capital employed	-15.3%^†	-19.0%^†	—	—	—	—	—	—	—	—
Asset turnover	0.92x	0.88x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	32	-11	-22	0	32
March 31, 2025	-59	-14	27	32	-91

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	622	238	221	157	0	307	373	7	294	102
March 31, 2025	684	299	282	135	17	355	355	7	272	134

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.