SHALPAINTS
Shalimar Paints Limited (SHALPAINTS) Stock Analysis
Shalimar Paints Limited is one of India's oldest paint companies producing decorative and industrial coatings. It sells interior, exterior, and specialty paints through dealers and projects nationwide. The company competes in decorative paints with heritage brands and institutional supply. It is listed on Indian stock exchanges.
Basic Materials › Specialty Chemicals
₹80.90
+5.99% 1W | +3.70% 52W
Market Cap
677 CR
P/E Ratio
–
52W High
₹96
52W Low
₹35.2
Div. Yield
0%
Beta
0.2
50 DMA
₹81.7
200 DMA
₹61.6
Profit Margin
-12.4%
Inst. Own.
0%
🚀 BREAKOUT
⚡ APPROACHING SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 126 | 119 | 146 | 144 | 128 | 145 | 148 | 178 | 155 | 134 | 131 | 156 | 138 |
| Expenses | 130 | 139 | 153 | 167 | 150 | 158 | 164 | 185 | 162 | 140 | 142 | 154 | 150 |
| Operating Profit | -5 | -20 | -7 | -22 | -21 | -13 | -16 | -7 | -8 | -6 | -11 | 2 | -12 |
| OPM % | -3.7% | -17% | -4.8% | -16% | -16% | -9% | -11% | -4.1% | -4.9% | -4.7% | -8% | 1.3% | -9% |
| Other Income | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 7 | 2 | 3 | -4 | 1 | 1 |
| Interest | 4 | 4 | 2 | 2 | 3 | 4 | 5 | 5 | 6 | 6 | 7 | 6 | 5 |
| Depreciation | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | -10 | -26 | -12 | -26 | -27 | -20 | -25 | -10 | -17 | -14 | -27 | -8 | -21 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -6% | 0% |
| Net Profit | -10 | -26 | -12 | -26 | -27 | -20 | -25 | -10 | -17 | -14 | -27 | -7 | -21 |
| EPS in Rs | -1.42 | -3.55 | -1.38 | -3.16 | -3.23 | -2.34 | -2.93 | -1.14 | -2.00 | -1.69 | -3.18 | -0.88 | -2.54 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 416 | 384 | 350 | 271 | 288 | 344 | 326 | 358 | 484 | 535 | 600 | 576 | 559 |
| Expenses | 407 | 354 | 335 | 305 | 349 | 377 | 322 | 381 | 499 | 589 | 657 | 598 | 586 |
| Operating Profit | 9 | 30 | 14 | -34 | -61 | -34 | 4 | -22 | -15 | -54 | -58 | -22 | -27 |
| OPM % | 2.1% | 8% | 4.1% | -13% | -21% | -10% | 1.1% | -6% | -3.0% | -10% | -10% | -3.9% | -4.8% |
| Other Income | 2 | 1 | 1 | 1 | -14 | 8 | 5 | -3 | 7 | 8 | 10 | 2 | 1 |
| Interest | 21 | 22 | 23 | 26 | 25 | 20 | 19 | 22 | 16 | 13 | 18 | 25 | 24 |
| Depreciation | 5 | 5 | 8 | 8 | 9 | 11 | 13 | 13 | 13 | 15 | 16 | 20 | 20 |
| Profit before tax | -15 | 4 | -15 | -67 | -109 | -56 | -24 | -61 | -36 | -74 | -81 | -65 | -70 |
| Tax % | -29% | -23% | -36% | -32% | -25% | -32% | 110% | -1% | 0% | 0% | 0% | -1% | |
| Net Profit | -11 | 5 | -10 | -46 | -82 | -38 | -50 | -60 | -36 | -74 | -81 | -65 | -69 |
| EPS in Rs | -1.87 | 0.93 | -1.72 | -8.10 | -15.25 | -7.03 | -9.18 | -8.36 | -5.01 | -8.82 | -9.70 | -7.76 | -8.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 6.0% | 12.0% | 4.0% |
| Profit CAGR | -31.0% | -5.0% | – |
Shareholding Pattern
Promoters74.96%
FIIs0.01%
DIIs0.03%
Public24.99%
Promoters74.96%
FIIs0.04%
DIIs0.03%
Public24.96%
Promoters74.96%
FIIs0.08%
DIIs0.03%
Public24.93%
Promoters74.96%
FIIs0.04%
DIIs0.03%
Public24.96%
Promoters74.96%
FIIs0.02%
DIIs0.03%
Public24.99%
Promoters39.93%
FIIs0.03%
DIIs1.62%
Public58.42%
Promoters75.72%
FIIs0.08%
DIIs0.03%
Public24.15%
Promoters74.96%
FIIs0.01%
DIIs0.03%
Public25.00%
Promoters74.96%
FIIs0.08%
DIIs0.03%
Public24.93%
Promoters74.96%
FIIs0.02%
DIIs0.03%
Public24.99%
SHALPAINTS
Holdings Analysis
Key strengths & risk signals
55
Overall
32
Fundamental
78
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
RECOVERY MODE! Current price (80.9) above 200-day but below 50-day.
POSITIVE YEAR! Stock gained 3.7% in the last year.
Strengths (3)
BULLISH TREND! 50-day average (81.7) is above 200-day average (61.6) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
Fundamental & Technical Analysis
55Overall
32Fundamental
78Technical
Fundamental Breakdown
Growth Quality
10/30
Revenue CAGR: 5.9% (MODERATE, 8/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! -12.4% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 58.36% public ownership - higher volatility risk.
Stability Index
2/10
CAUTION! Company made loss in last quarter. Be careful.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (81.7) is above 200-day average (61.6) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (80.9) above 200-day but below 50-day.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
4/10
POSITIVE YEAR! Stock gained 3.7% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 140,544 vs down days: 109,344. Ratio: 1.29x
RSI
3/5
NEUTRAL! RSI at 53.6 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 75.2% of 52W range - positive territory.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 6.0% (1 week), -1.3% (1 month), 65.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
Peer Comparison
Basic Materials · Specialty Chemicals · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHALPAINTS | ₹80.90 | – | -12.4% | 5.9% | – | +3.7% | 55 | BREAKOUT | +27.5% | +187.8% | -10.9% | -11.7% |
| GANESHBE | ₹93.30 | 9.2 | 16.8% | -0.8% | 9.7% | +9.3% | 61 | BREAKDOWN | -2.8% | +15.0% | +22.9% | +5.4% |
| JAYAGROGN | ₹216.20 | 11.9 | 2.1% | -4.7% | 0.7% | -3.2% | 55 | BREAKDOWN | +24.8% | +13.6% | +18.5% | +23.2% |
| KOTHARIPET | ₹120.80 | 9.9 | 12.5% | 7.0% | 22.8% | -15.4% | 72 | BREAKDOWN | -3.4% | -4.5% | -8.8% | -4.2% |
| CHEMBONDCH | ₹234.30 | 16.5 | 11.0% | -9.5% | 11.7% | +58.8% | 64 | APPROACHING SUPPORT | +50.8% | -18.8% | +32.3% | -14.7% |
| KRONOX | ₹209.20 | 27.1 | 27.2% | 1.9% | 18.5% | +44.5% | 82 | CONSOLIDATING UP | +15.9% | -8.8% | +16.9% | +8.8% |
| AGARIND | ₹370.20 | 13.5 | 2.7% | -6.4% | -22.1% | -58.0% | 40 | CONSOLIDATING DOWN | -20.8% | -34.4% | -27.0% | +6.9% |
| CHEMCON | ₹219.10 | 28.5 | 11.1% | -7.4% | -24.6% | -14.7% | 59 | BREAKDOWN | +71.9% | +71.9% | +24.3% | -11.8% |
Data from TradeAlone · Updated daily
No news tagged for SHALPAINTS yet.
