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Shalimar Paints Key Ratios

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NSE: SHALPAINTS | BSE: 509874

₹80.84

up-down-arrow ₹2.21 (2.81%)

As on 31-Aug-2026IST

Market cap

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₹675 Cr

Revenue (TTM)

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₹559 Cr

P/E Ratio

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--

P/B Ratio

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5.6

Div. Yield

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0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -11.68 -10.90 -10.74 3.72 10.05
EBIT -463.40 -41.54 22.43 -29.50 -209.27
Net Profit -187.69 -26.77 8.56 -37.86 -3.27
EPS -187.69 -26.77 2.07 -27.95 4.27
Book Value -- -- -30.80 -16.15 -16.32
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info -10.81-9.62-8.42-7.29-12.25
Net Margin info -12.69-12.41-12.30-11.16-13.31
Return on equity info -33.76-27.06-24.21-37.68-33.38
Return on Capital info -15.02-11.69---12.18-17.06
Return on Assets info -10.97-9.81-10.34-9.66-11.84
Debt to Equity (x) info ----0.001.110.75

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
-12.18
-17.06
-15.81
-4.50
Peer Median
--
21.71
30.37
25.47
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

-24.21

Lower than Peers by 41.17

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-24.21
-37.68
-33.38
-30.21
-12.98
Peer Median
16.96
16.52
23.51
19.63
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

-10.34

Lower than Peers by 23.58

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-10.34
-9.66
-11.84
-11.42
-5.69
Peer Median
13.23
10.76
13.77
11.02
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

-8.42

Lower than Peers by 22.14

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-8.42
-7.29
-12.25
-12.90
-5.68
Peer Median
13.72
13.38
13.27
14.08
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

-12.30

Lower than Peers by 23.40

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-12.30
-11.16
-13.31
-13.60
-7.36
Peer Median
11.10
11.26
13.08
10.39
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
-6.91
-9.26
-9.42
-4.29
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

-10.74

Lower than Peers by 13.73

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-10.74
-4.03
12.13
10.56
35.07
Peer Median
2.99
7.37
2.87
5.08
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

22.43

Higher than Peers by 22.02

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
22.43
42.87
-6.45
-151.31
23.27
Peer Median
0.41
15.06
-4.87
24.87
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

8.56

Higher than Peers by 5.28

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
8.56
19.98
-9.91
-104.29
40.10
Peer Median
3.28
20.82
-4.55
28.26
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

2.07

Higher than Peers by 2.57

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
2.07
19.98
-9.91
-76.22
40.09
Peer Median
-0.50
11.00
-4.67
19.74
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
-30.80
-27.88
36.93
-41.17
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
1.11
0.75
0.37
0.67
Peer Median
--
0.02
0.01
0.02
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
0.62
0.42
0.18
0.16
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

0.81

Lower than Peers by 1.40

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
0.81
0.81
1.00
1.41
1.39
Peer Median
2.21
2.13
2.12
2.03
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

0.54

Lower than Peers by 1.04

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
0.54
0.54
0.62
0.94
0.93
Peer Median
1.58
1.65
1.55
1.48
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

-1.90

Lower than Peers by 52.88

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-1.90
-1.58
-3.63
-4.70
-1.27
Peer Median
50.98
29.29
50.64
36.86
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

24.76

Higher than Peers by 8.80

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
24.76
24.03
24.54
20.73
22.22
Peer Median
15.96
17.27
15.82
15.80
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.83

Lower than Peers by 0.27

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
0.83
0.98
1.03
0.97
0.86
Peer Median
1.10
1.02
1.06
1.32
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
79.33
66.73
63.61
62.17
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
65.67
64.82
67.00
69.82
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
173.97
139.82
113.87
101.11
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
-28.96
-8.27
16.74
30.88
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

-10.41

Lower than Peers by 45.91

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-10.41
--
--
--
--
Peer Median
35.50
35.50
37.80
38.29
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

5.64

Higher than Peers by 0.29

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
5.64
2.14
4.06
4.93
4.78
Peer Median
5.35
5.35
8.06
7.94
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
--
--
--
--
--
Peer Median
0.93
0.93
0.89
0.96
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

-37.21

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
-37.21
-25.95
-19.52
-31.29
-146.02
Peer Median
--
29.79
28.18
37.76
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

675

Lower than Peers by 14,313

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Shalimar Paints
675
302
827
1,394
986
Peer Median
14,988
14,988
17,743
16,734
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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