SHALPAINTSShalimar Paints Limited

Rs 80.44▲ +3.98%
Market closedEquity EOD 26 Oct
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52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.74.5% up the range
Rs 35Rs 96
SHALPAINTS price
Daily candles, adjusted for splits and bonus issues so a corporate action does not show as a crash. Pick a window from one month to the full history, add indicators, or open it full screen.
EOD 26 Oct
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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 673 cr
Larger than 14% of 7 peers
sector middle Rs 4,872 cr
Price to bookPrice to book: the share price divided by the shareholders' money per share in the latest balance sheet. Around 1 means the market values the company close to its book value.
2.7x
Lower than 57% of 7 peers
sector middle 4.2x
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
-27.6%
Lowest of 6 peers
sector middle 14.1%
FY24 -18.8%FY26 -25.8%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
-15.1%
Lowest of 7 peers
sector middle 17.9%
FY23 -5.4%FY26 -15.1%
Debt to equityBorrowings divided by shareholders' money. 0 means no borrowings; 1 means it owes as much as its owners have put in. Not shown for banks and lenders, whose borrowing is their business.
0.63
Highest of 7 peers
sector middle 0.07
FY23 0.39FY26 0.63
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.0%
Lower than 83% of 6 peers
sector middle 0.6%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
-10.3%
Lowest of 7 peers
sector middle +12.0%
FY25 12.0%FY26 -4.1%

Peers are the listed companies in the exchange's own industry group: Paints. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 13 Aug 2026), sales fell 10.3% from a year earlier to Rs 138 cr and the loss was Rs 21.3 cr against Rs 16.7 cr a year earlier.

Worth watching
  • Reported a loss in FY24 and FY25 and FY26.
  • Profit before interest covered interest -1.6 times in FY26 (Rs 25 cr of interest).
  • Return on equity stayed under 10% from FY24 to FY26 (highest -18.8%).

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 20 results, the share rose on 4 and fell on 16, and moved by 3% or more on 8.

Q4 FY22Q1 FY24Q1 FY25Q1 FY26Q1 FY27

Q1 FY27: results filed 13 Aug 2026. The share went from its close on 12 Aug 2026 to its close on 14 Aug 2026 +10.24%.

Where every Rs 100 of sales goes
From the company's own yearly results. Each year is scaled to that year's sales, so you compare shares, not size: how much went on running costs, depreciation, interest and tax, and how much was left as profit.
4 financial years
Sales, last 12 months
Rs 559 Cr
Profit, last 12 months
Rs -69 Cr
Earnings per share
Rs -8.3

Of every Rs 100 of sales in FY26, Rs 104 went on running costs, Rs 3.4 on depreciation, Rs 4.4 on interest; the year ended in a loss.

FY22
106
FY24
110
FY25
109
FY26
104
Sales (Rs 100)Other incomeLoss for the yearRunning costsDepreciationInterestTaxOther items

Thin bar: money in (sales plus other income). Thick bar: where it went. Each year is scaled to its own sales, so the bars compare shares, not size.

How fast it has grown
Compound growth per year in sales, profit and earnings per share between financial years, from the company's own results. A span appears only if our filings cover both ends of it.
Sales
Latest qtr
-10.3%

Per year, compounded, between financial years FY26 and the year named; only spans our filings cover. The faint bar is the latest quarter against the same quarter a year earlier. Earnings per share is not shown: filed figures are not adjusted for bonus issues and splits, so its growth would mislead.

Health check, year by year
Margins, returns, debt and interest cover for each financial year. Each row is coloured against this company's own usual level, so you see what is improving and what is slipping.
MeasureFY22FY23FY24FY25FY26
Sales growthSales against the previous financial year.---12.0%-4.1%
Operating marginProfit from operations, before depreciation, interest and tax, per Rs 100 of sales.-6.3%--10.1%-9.4%-3.9%
Net marginProfit after everything, per Rs 100 of sales.-17.9%--13.8%-13.4%-11.3%
ROEProfit as a percentage of shareholders' money (from the March balance sheet).---18.8%-25.4%-25.8%
ROCEOperating profit as a percentage of all long-term capital, owners' and lenders'.--5.4%-14.3%-18.0%-15.1%
Debt to equityBorrowings divided by shareholders' money. Lower is safer.-0.39x0.26x0.48x0.63x
Interest coverHow many times operating profit covers the interest bill. Higher is safer.-1.9x--4.7x-3.6x-1.6x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 641 Cr of assets. Its owners funded 39% of that and borrowings 25%.

What it owns
46%
16%
22%
Plant, property and projects294 Cr
Goodwill and intangibles3 Cr
Inventory102 Cr
Owed by customers138 Cr
Cash and bank47 Cr
Everything else56 Cr
How that is paid for
39%
25%
28%
Shareholders251 Cr
Borrowings157 Cr
Owed to suppliers176 Cr
Other liabilities56 Cr
Cash and equivalents
Rs 7 Cr
Net debt
Rs 150 Cr
Current ratio
0.88x
short-term assets per rupee due soon
Book value / share
Rs 30
Return on assets
-10.8%

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs 31 Cr, and cash fell by Rs 2 Cr over the year.

From running the business
+31 Cr
Spent on or received from investing
-9 Cr
From or to lenders and shareholders
-24 Cr
Net change in cash
-2 Cr

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Paints · 8
Net margin-12.43%vs 10.54% median
Lowest: SHALPAINTS -12.43%Highest: SIRCA 13.19%
Revenue growth-10.26%vs 11.97% median
Lowest: SHALPAINTS -10.26%Highest: INDIGOPNTS 19.69%

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Paints · 8 shown
Company
ASIANPAINT
Asian Paints Limited
2.23 L cr46.7x10.4x22.0%23.8%0.1013.0%+17.9%1.09%
BERGEPAINT
Berger Paints (I) Limited
54,312 cr44.6x7.8x17.6%19.9%0.099.9%+12.0%0.82%
KANSAINER
Kansai Nerolac Paints Limited
14,447 cr24.1x2.1x8.8%11.8%0.017.1%+9.8%2.10%
INDIGOPNTS
Indigo Paints Limited
4,872 cr30.4x4.2x14.2%16.3%0.0011.1%+19.7%0.34%
SIRCA
Sirca Paints India Limited
2,331 cr34.4x4.9x14.1%17.9%0.0713.2%+13.8%0.35%
JSWDULUX
JSW Dulux Limited
1,270 cr-0.5x-89.7%0.00--3.0%-
SHALPAINTS
Shalimar Paints Limited
673 cr-2.7x-27.6%-15.1%0.63-12.4%-10.3%0.00%
KAMOPAINTS
Kamdhenu Ventures Limited
123 cr-0.7x-2.9%2.3%0.15-2.1%-7.9%0.00%

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
4 years · 20 quarters
Full financial years - the long arc of the business.
Sales growth
+17.1%
a year, 3 years
Profit growth
-
a year, 3 years
Operating margin
-3.9%
latest year
Sales by financial yearRs 575 Cr
Net profit by financial yearRs -65 Cr
FY224 full years · hover a yearFY26

Operating margin has gone from -6.3% to -3.9% over these years - the share of every rupee of sales kept after running costs, before interest and tax. Full financial years only, so a part-year is never shown as a whole one. Hover any year for its complete figures.

Large institutional deals
Bulk and block deals reported by the exchange, where a single large trade is disclosed along with the counterparty's name. Only deals above the exchange's disclosure threshold appear here.
last 4
DatePartySideQtyPriceValue
2026-08-04JUNOMONETA FINSOL PRIVATE LIMITEDSELL6,23,74384.89Rs 5.29 Cr
2026-08-04JUNOMONETA FINSOL PRIVATE LIMITEDBUY6,20,59784.81Rs 5.26 Cr
2026-08-04NK SECURITIES RESEARCH PRIVATE LIMITEDSELL4,93,41284.64Rs 4.18 Cr
2026-08-04NK SECURITIES RESEARCH PRIVATE LIMITEDBUY4,93,41284.61Rs 4.17 Cr
Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
51.7Neutral
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
34.3%Near average
today 34.3%20d avg 47.1%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-0.82%
vs 200-DMA
+27.89%
1-month
+1.71%
3-month
+16.75%
1-year
+1.21%
Realized vol (30d)
42.5%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.