NSE ScannerChemicals · Industrial Specialties · NSE: SHALPAINTS · data 2026-10-31
Shalimar Paints Ltd
In plain words
Price: 17.1% below its 52-week high of ₹95.95.
Delivery: 47.7% of traded shares were kept for delivery over the last 10 sessions, against 60.6% over the last 60.
Latest results: a net loss of ₹33 cr for the quarter ended Sept 2026.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹559 cr |
| Net profit (last 12 months) | ₹-69 cr |
| Sales growth, 3 years (yearly) | 6.0% |
| Profit growth, 3 years (yearly) | — |
At a glance
Promoters 75.0% (unchanged in a year), pledged 70.5%, institutions 0.0%.
ROE -22.9%, ROCE -13.6%, operating margin -8.4%: how much profit it earns on the money it uses.
Debt/equity 0.66, Profit growth — and sales growth 6.0% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
None flagged by these rules.
- Low return on equity (-22.9%).
- Thin operating margin (-8.4%).
- Promoters have pledged 70.5% of their shares.
- Reported a loss in the latest quarter.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
SHALPAINTS Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹115.67 crore, down 13.6% YoY and down 16% QoQ.
Net loss was ₹32.55 crore, a bigger loss than a year ago and a bigger loss than last quarter.
Operating margin was 19.9% (4.7% a year ago).
EPS was -₹3.89, more negative than a year ago and more negative than last quarter.
SHALPAINTS के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹115.67 करोड़; पिछले साल की तुलना में 13.6% की गिरावट, पिछली तिमाही की तुलना में 16% की गिरावट।
शुद्ध घाटा: ₹32.55 करोड़; एक साल पहले से घाटा बढ़ा, पिछली तिमाही से घाटा बढ़ा।
ऑपरेटिंग मार्जिन: 19.9% (एक साल पहले 4.7%)।
EPS: -₹3.89; एक साल पहले से अधिक ऋणात्मक, पिछली तिमाही से अधिक ऋणात्मक।
SHALPAINTSના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹115.67 કરોડ; ગયા વર્ષની સરખામણીએ 13.6% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 16% ઘટાડો.
ચોખ્ખી ખોટ: ₹32.55 કરોડ; એક વર્ષ પહેલાંની સરખામણીએ ખોટ વધી, ગયા ક્વાર્ટરની સરખામણીએ ખોટ વધી.
ઓપરેટિંગ માર્જિન: 19.9% (એક વર્ષ પહેલાં 4.7%).
EPS: -₹3.89; એક વર્ષ પહેલાંના કરતાં વધુ નકારાત્મક, ગયા ક્વાર્ટરના કરતાં વધુ નકારાત્મક.
Written from the filed numbers. Not a recommendation.
Smart-money activity
5/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Too few delivery days to compare delivery % (0 of 10); shares delivered not comparable (0 of 12); 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results
- 28 Oct 26Results Q2 FY27 results: loss widened vs a year ago -1.0% next session
- 13 Aug 26Results Q1 FY27 results: loss widened vs a year ago +10.2% next session
- 28 May 26Results Q4 FY26 results: loss narrowed vs a year ago -2.8% next session
- 12 Feb 26Results Q3 FY26 results: loss widened vs a year ago -3.4% next session
- 12 Nov 25Results Q2 FY26 results: loss narrowed vs a year ago -1.7% next session
- 11 Aug 25Results Q1 FY26 results: loss narrowed vs a year ago -2.4% next session
- 26 May 25Results Q4 FY25 results: loss narrowed vs a year ago -0.5% next session
- 11 Feb 25Results Q3 FY25 results: loss widened vs a year ago -11.5% next session
- 13 Nov 24Results Q2 FY25 results: loss narrowed vs a year ago +2.1% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹116 cr | ₹-33 cr | — | -19.9% | -3.89 |
| Jun 2026 | ₹138 cr | ₹-21 cr | — | -8.8% | -2.54 |
| Mar 2026 | ₹156 cr | ₹-7 cr | — | 1.3% | -0.88 |
| Dec 2025 | ₹131 cr | ₹-27 cr | — | -8.1% | -3.18 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 74.96% | 74.96% | 74.96% | 74.96% |
| Foreign institutions (FII) | 0.01% | 0.04% | 0.08% | 0.04% |
| Domestic institutions (DII) | 0.03% | 0.03% | 0.03% | 0.03% |
| Mutual funds | — | — | — | — |
| Retail investors | 18.20% | 17.71% | 17.65% | 17.91% |
| Number of shareholders | 31,525 | 31,768 | 31,826 | 32,408 |
Common questions
What was Shalimar Paints Ltd's latest quarterly profit?
Shalimar Paints Ltd reported a net loss of ₹33 cr for the quarter ended Sept 2026, on revenue of ₹116 cr.
How much do promoters hold in Shalimar Paints Ltd?
Promoters held 74.96% of Shalimar Paints Ltd at the end of Sept 2026, with 70.51% of promoter shares pledged.
Is Shalimar Paints Ltd debt-free?
Its latest reported debt-to-equity ratio is 0.66.
What is the 52-week high and low of Shalimar Paints Ltd?
The 52-week high is ₹95.95 and the 52-week low is ₹35.21.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Shalimar Paints Ltd | ₹79.5 | ₹666 cr | — | — | -22.9% | -13.6% | 0.66 | +0.9% |
| Jyoti Resins & Adhesives Ltd. | ₹838.25 | ₹1,009 cr | 15.6 | — | 27% | 31.6% | 0 | -2.1% |
| Ester Industries Limited | ₹88.38 | ₹922 cr | — | — | -3.5% | 4.2% | 0.93 | -21.3% |
| Sejal Glass Limited | ₹773.45 | ₹880 cr | 23.7 | 5.1 | 30.3% | 18.5% | 1.34 | -14.5% |
| Visaka Industries Ltd. | ₹79.51 | ₹688 cr | 8 | — | 10.9% | 6.8% | 0.37 | -0.6% |
| DIC India Limited | ₹516.15 | ₹499 cr | 16.4 | 1.1 | 4.1% | 5.6% | 0.01 | -0.4% |
Compare SHALPAINTS with JYOTIRES in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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