Shalimar Paints Limited

Shalimar Paints Limited (SHALPAINTS) is a micro-cap Consumer Durables company valued at ₹682 crore operating in Paints on the NSE and BSE.

Recent price move

Shalimar Paints Limited last traded at ₹80.87, modestly down 0.74% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹65 crore for the fiscal year ending March 2026, reflecting a narrowing loss compared to the previous year. Promoter shares pledged reached 70.51% of promoter holding as of June 2026.

Financial performance

The company's annual revenue fell 4.1% to ₹576 crore, while its net loss narrowed from ₹81 crore to ₹65 crore. The latest quarter saw revenue drop 11.1% to ₹138 crore, and the net loss widened from ₹17 crore to ₹21 crore compared to the same quarter a year earlier.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 5.02 times book value.

Things to watch

The company continues to report a net loss, with a net profit margin of -11.3% and return on equity of -25.9%. Promoter shares pledged account for 70.51% of their holding, raising concerns about liquidity. The stock is 18.4% below its 52-week high.

Where it stands

Shalim Paints Ltd ended its latest fiscal year with a net loss of ₹65 crore, showing some improvement compared to the previous year's loss of ₹81 crore. The stock is 18.4% below its 52-week high, and promoter shares pledged make up 70.51% of their holding.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.