Shalimar Paints logo

Shalimar Paints share price

NSE: SHALPAINTSBSE: 509874Consumer DurablesSmall Cap

Last close ₹77.36down ₹3.95 (4.86%)BSE ₹77.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹81.31.

52-week range of traded prices to 23 Oct 2026
₹35.21Low, 30 Mar 2026₹95.95High, 17 Aug 2026
Market cap
₹648 Cr1,891st largest listed
P/E
Lossover the last 12 months
P/B
2.6
Dividend yield
Nonein the last 12 months
ROE
−24.5%
ROCE
−11.5%
Debt to equity
0.63
Volume, NSE
1,12,575

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Feb 2008, adjusted for splits and bonuses. On BSE it is in group T, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

−2.1%over a year · Nifty 500 −9.8%

Results20-session average 1,19,009 shares a day

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹138 Crdown 11.68%
Net profit
−₹21 CrQuarter to Mar 2026: −₹7.39 Cr
Net margin
−15.4%

Revenue by year

Peak revenue ₹599 Cr, year to Mar 2025

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 10 of the 10 years shown
₹ croreSep 2024Filed 13 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 12 NovSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 28 MayJun 2026Filed 13 Aug
Revenue145148178155134131156138
Net profit−20−24−10−17−14−27−7−21
Net margin−13.6%−16.2%−5.4%−10.8%−10.6%−20.3%−4.7%−15.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Paints, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: loss, last twelve months. Not shown, EV/EBITDA: operating loss, last twelve months. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to book

At or below today's level on 36% of 1,023 trading days over the last 5 years.

LowestHighest
Its median2.8Industry median4.2

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−63.4%––0.0%
3 years−35.8%––0.0%
5 years−18.1%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.96%
  • Foreign institutions0.01%
  • Indian institutions0.03%
  • Individuals and others24.99%
Holder
Hella Infra Market LimitedPromoter52.85%
Virtuous Tradecorp Private LimitedPromoter12.62%
JSL LimitedPromoter3.20%
Hexa Securities and Finance Company LimitedPromoter1.79%
Nalwa Sons Investments LimitedPromoter1.64%
Colorado Trading Company Private LimitedPromoter1.46%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 7,744 of its 8,37,11,178 shares locked in.

Peers and competitors

Paints, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Shalimar Paints in market cap.

Shalimar Paints is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Berger Paints (I) logoBerger Paints (I)BERGEPAINT54,37744.77.928.6+5.2%+6.6%18.6%20.0%0.86%
Kansai Nerolac Paints logoKansai Nerolac PaintsKANSAINER14,65624.42.214.5+5.2%−47.0%9.1%11.3%1.38%
JSW Dulux logoJSW DuluxJSWDULUX13,0526.75.326.0−11.3%+383.5%103.8%16.8%1.74%
Indigo Paints logoIndigo PaintsINDIGOPNTS4,84029.84.217.7+9.5%+14.7%14.9%18.3%0.49%
Sirca Paints India logoSirca Paints IndiaSIRCA2,32734.74.922.9+24.1%+26.3%16.3%17.6%0.49%
Kamdhenu Ventures logoKamdhenu VenturesKAMOPAINTS125–0.732.2−7.9%––−1.0%0.00%
Siddhika Coatings logoSiddhika CoatingsSIDDHIKA12011.52.6–+15.1%+21.7%24.3%–2.06%
Retina Paints logoRetina PaintsRETINA4773.01.3–+15.1%−51.0%1.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Ex-dateTypePer share
9 Jul 2012Final₹10.00
3 Aug 2011Final₹8.00
20 Jul 2010Final₹7.50
20 Jul 2009Final₹3.00
17 Jul 2008Final₹7.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Shalimar Paints share price by year

Each calendar year to 2025.Shalimar Paints share price history

YearClose at year endChangeHighest closeLowest close
202561.65−51.0%139.2154.89
2024125.92−29.1%217.7598.70
2023177.70+36.1%202.10132.30
2022130.60+12.7%181.20111.10
2021115.85+29.0%124.2583.45
202089.80+8.1%105.6546.10
201983.10+13.6%103.5056.60
201873.15−63.7%209.7069.60
2017201.30+44.6%314.25144.20
2016139.25−3.3%212.3099.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202680.4881.5077.2577.3678.541,12,575
22 Oct 202681.8081.8078.7081.3180.991,60,820
21 Oct 202680.5582.1077.6081.1680.051,04,567
19 Oct 202679.6582.9079.1581.6881.111,06,076
16 Oct 202680.2582.0079.7080.8781.071,67,942
15 Oct 202680.6282.3580.1281.4781.1846,512
14 Oct 202681.6384.0078.5283.2582.412,23,923
13 Oct 202679.8082.1079.0081.6380.311,55,261
12 Oct 202676.3080.0076.3078.6078.991,88,903
9 Oct 202675.9277.9975.0076.3076.3872,649
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
6 Nov 2018Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
28 Dec 2017Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
22 Nov 2012Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Shalimar Paints Limited
NSE symbol
SHALPAINTS
BSE code
509874
ISIN
INE849C01026
Industry
Consumer Durables
Listed
May 1987 on BSE, Mar 2008 on NSE
Face value
₹2
Former symbols
SHALMPAINT
CIN
L24222HR1902PLC065611
Corporate identity number, the registrar of companies' code for it