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Shalimar Paints

  • Market Cap: Micro Cap
  • Industry: Paints
  • ISIN: INE849C01026
  • NSEID: SHALPAINTS
  • BSEID: 509874
INR
107.85
0.6 (0.56%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 67.82 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

67.82 k (-50.83%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 2 FIIs

DII

0.03%

Held by 2 DIIs

Promoter

75.73%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Operating profit has grown by an annual rate -46.72% of over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -2.90
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

66.16% of Promoter Shares are Pledged

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Paints

stock-summary
Market cap

INR 903 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

49

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.41

stock-summary
Return on Equity

-24.40%

stock-summary
Price to Book

2.59

Revenue and Profits (1 Year):
Net Sales:
148 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-24 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-17.13%
0%
-17.13%
1 Year
-37.46%
0%
-37.46%
2 Years
-27.93%
0%
-27.93%
3 Years
-22.52%
0%
-22.52%
4 Years
14.13%
0%
14.13%
5 Years
94.85%
0%
94.85%

Latest dividend: 2.0000 per share ex-dividend date: Jul-09-2012

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
10.08%
EBIT Growth (5y)
-46.72%
EBIT to Interest (avg)
-2.90
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.95
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
66.16%
Institutional Holding
0.03%
ROCE (avg)
-9.91%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
49
Price to Book Value
2.59
EV to EBIT
-11.81
EV to EBITDA
-14.45
EV to Capital Employed
2.13
EV to Sales
1.84
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-16.25%
ROE (Latest)
-24.40%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

66.1595

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (0.0%)

Promoter with highest holding

Hella Infra Market Private Limited (52.85%)

Highest Public shareholder

Veera Gupta (1.07%)

Individual Investors Holdings

20.38%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 2.36% vs 12.79% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -22.22% vs 27.44% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "148.16",
          "val2": "144.74",
          "chgp": "2.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-15.34",
          "val2": "-12.83",
          "chgp": "-19.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "5.41",
          "val2": "4.39",
          "chgp": "23.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-23.98",
          "val2": "-19.62",
          "chgp": "-22.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-10.35%",
          "val2": "-8.86%",
          "chgp": "-1.49%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 11.56% vs 10.97% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -30.01% vs -76.10% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "273.07",
          "val2": "244.77",
          "chgp": "11.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-34.01",
          "val2": "-24.72",
          "chgp": "-37.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.27",
          "val2": "8.30",
          "chgp": "-12.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-46.66",
          "val2": "-35.89",
          "chgp": "-30.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-12.45%",
          "val2": "-10.10%",
          "chgp": "-2.35%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 7.83% vs 11.73% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -48.94% vs -78.17% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "421.23",
          "val2": "390.65",
          "chgp": "7.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-49.35",
          "val2": "-31.68",
          "chgp": "-55.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "12.68",
          "val2": "10.79",
          "chgp": "17.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-70.64",
          "val2": "-47.43",
          "chgp": "-48.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-11.72%",
          "val2": "-8.11%",
          "chgp": "-3.61%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 10.17% vs 35.59% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -104.29% vs 43.73% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "534.91",
          "val2": "485.55",
          "chgp": "10.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-54.17",
          "val2": "-14.75",
          "chgp": "-267.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "12.96",
          "val2": "15.90",
          "chgp": "-18.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-73.85",
          "val2": "-36.15",
          "chgp": "-104.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-10.13%",
          "val2": "-3.04%",
          "chgp": "-7.09%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
148.16
144.74
2.36%
Operating Profit (PBDIT) excl Other Income
-15.34
-12.83
-19.56%
Interest
5.41
4.39
23.23%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-23.98
-19.62
-22.22%
Operating Profit Margin (Excl OI)
-10.35%
-8.86%
-1.49%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 2.36% vs 12.79% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -22.22% vs 27.44% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
273.07
244.77
11.56%
Operating Profit (PBDIT) excl Other Income
-34.01
-24.72
-37.58%
Interest
7.27
8.30
-12.41%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-46.66
-35.89
-30.01%
Operating Profit Margin (Excl OI)
-12.45%
-10.10%
-2.35%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 11.56% vs 10.97% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -30.01% vs -76.10% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
421.23
390.65
7.83%
Operating Profit (PBDIT) excl Other Income
-49.35
-31.68
-55.78%
Interest
12.68
10.79
17.52%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-70.64
-47.43
-48.94%
Operating Profit Margin (Excl OI)
-11.72%
-8.11%
-3.61%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 7.83% vs 11.73% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -48.94% vs -78.17% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
534.91
485.55
10.17%
Operating Profit (PBDIT) excl Other Income
-54.17
-14.75
-267.25%
Interest
12.96
15.90
-18.49%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-73.85
-36.15
-104.29%
Operating Profit Margin (Excl OI)
-10.13%
-3.04%
-7.09%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 10.17% vs 35.59% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -104.29% vs 43.73% in Mar 2023

stock-summaryCompany CV
About Shalimar Paints Ltd. stock-summary
stock-summary
Shalimar Paints Ltd.
Micro Cap
Paints
Shalimar Paints Limited, established on December 16, 1902 is engaged in manufacturing and selling of decorative paints and industrial coatings. The Company currently has 3 manufacturing facilities, one each at Chennai, Nashik and Sikandrabad (Uttar Pradesh). It has a wide distribution network, 38 sales depots, and 3 regional distribution centers across all four zones in India. Apart from India, the Company catered to consumers from Nepal, UAE, Bhutan and Seychelles.
Company Coordinates stock-summary
Company Details
Stainless Centre 4th Floor, Plot No 50 Sector 32 Gurugram Haryana : 122001
stock-summary
Tel: 91-0124-4616600
stock-summary
askus@shalimarpaints.com
Registrar Details
Beetal Financial & Computer Services (P) Ltd , 321 - S Third Floor , Near Shahid Bhagat Singh College, Chirag Delhi, New Delhi