Shalimar Paints logo

Shalimar Paints share price

NSE: SHALPAINTSBSE: 509874Consumer DurablesSmall Cap

Shalimar Paints Limited · Face value ₹2 · Listed May 1987 on BSE, Mar 2008 on NSE
Last close ₹81.31down ₹0.35 (0.43%)BSE ₹81.47

Share price at the NSE close on 28 Oct 2026. Previous close ₹81.66.

28 Oct: open ₹82.36, high ₹83.69, low ₹79.67

52-week range of traded prices to 28 Oct 2026
₹35.21Low, 30 Mar 2026₹95.95High, 17 Aug 2026
Market cap
₹681 Cr1,891st largest listed
P/E
Lossover the last 12 months
P/B
3.41
Dividend yield
Nonein the last 12 months
ROE
Assets held for saleon the latest balance sheet
ROCE
Assets held for saleon the latest balance sheet
Debt to equity
Assets held for saleon the latest balance sheet
Volume, NSE
40,978

Shalimar Paints share price chart

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.

+5.1%over a year · Nifty 500 −8.8%

Results20-session average 1,20,803 shares a day

Results

Consolidated; ₹ crore.Shalimar Paints quarterly results

Revenue growth, 12 months
−12.0%
Net profit growth, 12 months
–

Quarter to Sep 2026, against the quarter before

Revenue
₹116 Crdown 16.01%
Net profit
−₹33 CrQuarter to Jun 2026: −₹21 Cr
Net margin
−28.1%

Revenue by quarter

₹148 CrDec 24₹178 CrMar 25₹155 CrJun 25₹134 CrSep 25₹131 CrDec 25₹156 CrMar 26₹138 CrJun 26₹116 CrSep 26
Peak revenue ₹178 Cr, quarter to Mar 2025; lowest ₹116 Cr, quarter to Sep 2026

Net profit by quarter, a loss in red

  • Net profit
  • Loss
−₹24 CrDec 24−₹9.52 CrMar 25−₹17 CrJun 25−₹14 CrSep 25−₹27 CrDec 25−₹7.39 CrMar 26−₹21 CrJun 26−₹33 CrSep 26
A loss in 8 of the 8 quarters shown
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue148178155134131156138116
Net profit−24−10−17−14−27−7−21−33
Net margin−16.2%−5.4%−10.8%−10.6%−20.3%−4.7%−15.4%−28.1%
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. Dividend yield is not shown: no dividend in the years on record.Shalimar Paints PE ratio and valuation

Price to book

At or below today's level on 96% of 1,022 trading days over the last 5 years.

LowestHighest
Its median2.80Industry median4.19

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.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Shalimar Paints 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.

Promoters have pledged 70.51% of their shares. Since Jun 2026: promoters unchanged, foreign institutions −0.03 pts, Indian institutions unchanged.

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

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Shalimar Paints insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Shalimar Paints competitors and peers

Paints, 10 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Shalimar Paints in market cap.Consumer durables companies

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

Return on equity across, P/E up, size is market cap
Company
Berger Paints (I) logoBerger Paints (I)BERGEPAINT53,84044.267.78+5.2%+6.6%18.6%20.0%0.87%
Kansai Nerolac Paints logoKansai Nerolac PaintsKANSAINER14,61924.362.18+5.2%−47.0%9.1%11.3%1.38%
JSW Dulux logoJSW DuluxJSWDULUX12,5926.425.14−11.3%+383.5%103.8%16.8%1.81%
Indigo Paints logoIndigo PaintsINDIGOPNTS4,83529.784.19+9.5%+14.7%14.9%18.3%0.49%
Sirca Paints India logoSirca Paints IndiaSIRCA2,34835.044.94+24.1%+26.3%16.3%17.6%0.48%
Kamdhenu Ventures logoKamdhenu VenturesKAMOPAINTS124–0.69−7.9%––−1.0%0.00%
Siddhika Coatings logoSiddhika CoatingsSIDDHIKA12311.872.63+15.1%+21.7%24.3%–2.00%
Retina Paints logoRetina PaintsRETINA5077.801.43+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.Shalimar Paints dividend history

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.Shalimar Paints 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 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolume
27 Oct 202681.9983.4080.5081.6682.011,34,349
26 Oct 202678.9080.9976.2080.4479.9872,152
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
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

Chairperson
Rajeev Uberoi
At the end of the quarter to Jun 2026
NSE symbol
SHALPAINTS
BSE code
509874
ISIN
INE849C01026
Industry
Consumer Durables
Former symbols
SHALMPAINT
CIN
L24222HR1902PLC065611
Corporate identity number, the registrar of companies' code for it
Incorporated
1902
Registered office
Stainless Centre, 4th floor, Plot No. 50, Sector 32, Gurugram 122003, Haryana
Share registrar
Beetal Financial & Computer Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments