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Companies›Consumer Discretionary›Consumer Durables›Consumer Durables
NSE:SHALPAINTS

SHALIM PAINTS LTD

Consumer Durables › Consumer Durables
₹82.50
at close · 27 Oct 2026
▲ 1.91 (+2.37%)

Latest filings

Next results: Wed, 28 Oct · Financial Results
  1. Board to consider Q2 FY27 results on Oct 28 · Results
  2. Share Capital Audit Report for Q2 FY27 filed with exchanges · Compliance
  3. RTA compliance certificate for Q2 FY27 dematerialization · Compliance
All filings ↓
Ask Nexa about SHALIM PAINTS LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and sells paints in India, with the building materials sector as its core market. Standalone revenue for FY26 was ₹569.03 crore, down 5% from ₹599.06 crore in FY25, alongside a net loss of ₹63.34 crore (improved from ₹80.11 crore in FY25). Raw materials are the largest cost at 55.9% of revenue, followed by other operating expenses at 24.8% and employee costs at 11.9%. The business also includes a painting services arm acquired from its ultimate holding company, Hella Infra Market (Infra.Market), which holds the majority stake. Capital expenditure was negligible in FY26 (0.0% of revenue). Accumulated losses on a standalone basis stood at ₹543.73 crore, and current liabilities exceeded current assets by ₹65.48 crore.

Operating scale
FY26 consolidated revenue
₹575.63 croreFY26
Total assets
₹640.56 croreFY26
FY26 consolidated net loss
₹64.95 croreFY26
Loss per share (FY26)
7.57FY26
Who pays it
Building materials and construction sector customers
Biggest cost
Raw materials at 55.9% of revenue (FY26)
Kind of business
Cyclical paints business; loss-making with accumulated losses of ₹543.73 crore
Where it sits
Indian paints manufacturer; majority owned by Hella Infra Market (Infra.Market)
Market Cap
₹691 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
12.1%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-14.3%·
ROCE (5y median)
ROE -18.8% (5y median) · margin -3.6%
Leverage
0.63·
Debt / Equity · moderate
Net debt ₹150 Cr
Revenue FY21→FY26
1.8×▲
Margin +4.0 pts
₹326 Cr → ₹576 Cr
Moves on a normal day
1.89%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 8 Paints peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#4/8
ROCE#8/8
ROE#8/8
Debt / Equity#8/8
EBITDA margin#8/8
Revenue growth#8/8
Profit growth#7/8

Scorecard

Measured from the filed financials, judged against its Paints peers · as of FY26 — not investment advice

Strengths
Revenue compounding 12% a year over 5 years
Concerns
Erratic profits — up in only 2 of the last 5 years
Negative returns on capital — −14.3% (5-year median)
#8 of 8 in Paints on the latest reported figures · down from −1.8% in FY21
Carries more debt than its peers — 0.63× equity
higher than 100% of its 8 Paints peers

Charts

How has the market priced it — with filings on the timeline?

SHALPAINTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SHALIM PAINTS LTD's filed financials and exchange disclosures

What does SHALIM PAINTS LTD do?

SHALIM PAINTS LTD is a Consumer Durables company listed on NSE and BSE, trading under the symbol SHALPAINTS.

Is SHALIM PAINTS LTD profitable?

No. Over the trailing twelve months SHALIM PAINTS LTD reported a net loss of ₹69 Cr on revenue of ₹559 Cr.

Does SHALIM PAINTS LTD pay a dividend?

Not in the latest reported year — SHALIM PAINTS LTD's dividend payout for FY26 was nil.

Is SHALIM PAINTS LTD debt-free?

No. It reported borrowings of ₹157 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹150 Cr after cash. Debt stands at 0.63× equity. That is higher than 100% of its 8 Paints peers.

How much does the SHALIM PAINTS LTD share price move in a day?

On a typical session SHALIM PAINTS LTD moves 1.89% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are SHALIM PAINTS LTD's next results?

Financial Results on Wed, 28 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track SHALIM PAINTS LTD's announcements?

Every NSE and BSE filing by SHALIM PAINTS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.