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Shalimar Paints Ltd

BSE • Basic Materials • Specialty Chemicals • Quote as of 10/28/2026 11:00
Shalimar Paints Ltd stock price and volume chart

Company Profile

IndustrySpecialty Chemicals
SectorBasic Materials
ExchangeBSE
Market Capitalization6,508.54 mln
Float20.12 mln
Earnings Date10/28/2026

Piotroski F-Score

6 / 9
Solid

Beneish M-Score

-2.53
Likely reliable

Relative Strength

69 / 100
Outperforming

Debt / Equity

0.66
Moderate leverage

Pre-Tax Margin

-13%
Loss-making

ROE

-24.51
Deeply negative

Business Description

Founded in 1902 and headquartered in Thane, India, Shalimar Paints Limited produces and sells a wide range of paints and coatings for homes, businesses, and industrial use, serving customers both in India and abroad. Its product lineup covers everything from interior and exterior wall paints to protective coatings for metal, wood, marine vessels, and concrete surfaces. The company sells under the well-known Shalimar brand and also offers a custom color-mixing service through its Color Space range.

Key Fundamentals

EPS-8.29
ROE-24.51
RPS66.79
ROIC-8.77
ROA-10.26
Interest Cover-1.95
EBITDA, mln-257
EV / EBITDA-30.10
EV / EBIT-16.89
Revenue, mln5,588
EV / Revenue1.38

Quote Details

Last 81.00
Change -1.5 (-1.82%)
Open 82.50
Volume 1,190
Turnover 96,390
Average Volume 15,030

Financial Ratios

Pre-Tax Profit Margin-13
Leverage Ratio2.55
Current Ratio0.81
Price / Book2.69
Price / Tangible Book2.73
Debt / Equity0.66
Price / Sales1.21

Financial Strength

Altman Z-Score0.36
Piotroski F-Score 6 / 9
Beneish M-Score-2.53

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.22% 56 / 100   
1 Month 5.33% 89 / 100   
2 Months 15.22% 86 / 100   
6 Months 56.49% 93 / 100   
1 Year 1.12% 71 / 100   



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