Shalimar Paints Ltd. Share Price

Overview

Shalimar Paints Ltd. share price is currently ₹75.60, down by - ₹4.46 (5.57%) from its previous closing price of ₹80.06. The share price has declined -2.21% over the past month and declined -4.05% over the past year. The stock's 52-week low and high are ₹34.55 and ₹94.76, respectively. Shalimar Paints Ltd. has a market capitalisation of ₹ 680.00 Cr. The share price was last updated on 23 Oct 2026, 03:29 PM IST.

Shalimar Paints Ltd.
Shalimar Paints Ltd.
SHALPAINTS
 ₹0.00
- ₹4.46
5.57%
Chemicals
 ₹0.00(%)1D

Updated: 23 Oct 2026, 03:29:56 pm IST

Market Data

Open Price

 ₹78.91

Prev. Close

 ₹80.06
 ₹75.60

Day Low

 ₹79.95

Day High

 ₹34.55

52 Week Low

 ₹94.76

52 Week High

ChemicalsPaints
CategoryMicro Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

-9.11

Sector PE

28.52

PB Ratio

4.49

Sector PB

4.06

EPS

-8.30

Dividend Yield

0.00

Today's Volume

112.468 K

5 Day Avg. Volume

129.818 K

PEG Ratio

-0.46

Market Cap.

₹ 680.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

Corporate Actions will be available shortly.

Mutual Fund Ownership

Mutual Fund Ownership will be available shortly.

About Shalimar Paints Ltd. 👋

Shalimar Paints Limited is an India-based company. The Company is engaged in the business of developing, manufacturing, marketing, and distribution of a range of paints and coatings. The Company has a single operating segment, namely manufacturing and sale of paints. The Company's products are classified based on Decorative Paints and Industrial Paints divisions. The Decorative Paints division offers a suite of decorative paints for interior and exterior surfaces including concrete, plasters, metals, among others. It also offers Enamels, Interior and water based decorative coatings. The Industrial Paints division offers a suite of Protective Coatings, Can Coatings, Marine Coatings, Pipeline Coatings, Protective, General Industrial and Packaging coating solutions, among others. Its segments include Shalimar Adhunik Nirman Limited and Eastern Speciality Paints & Coatings Private Limited. The Company has three manufacturing facilities in Chennai, Nashik, and Sikandrabad (Uttar Pradesh).

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Vipin Dixena

Vipin Dixena

2 Jul • 3:46 PM · SEBI-Registered Analyst

Have Paint Stocks Finally Bottomed Out—or Is Another Leg of the Downcycle Still Ahead?

After correcting as much as 48% from their peaks, India's leading paint companies like

SHALPAINTS
,
BERGEPAINT
are once again attracting investor attention. The sharp decline has been driven by a combination of intense competitive pressures, slowing demand, margin volatility, and the entry of new players that have reshaped the industry's pricing dynamics. While lower raw material costs, improving housing demand, and premium product expansion could support earnings recovery, competition is expected to remain fierce as companies continue investing aggressively to protect market share. The current phase marks a transition from a high-growth, premium-valued sector to one where execution and profitability will matter more than ever. Investors should closely monitor volume growth, pricing power, operating margins, and how incumbents respond to the evolving competitive landscape.

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Kumar Satyam

Kumar Satyam

20 Mar • 11:01 PM · SEBI-Registered Analyst

Vikram Solar Announces Expansion & Leadership Change

Key Highlights • Module manufacturing capacity to expand to 15.5 GW • Cell manufacturing capacity to reach 12 GW • Entry into energy storage (5 GWh BESS modules) • Entry into battery cell manufacturing (7.5 GWh capacity) • Current module capacity stands at 9.5 GW with presence in 39 countries Leadership Update • Sameer Nagpal appointed as new CEO (30+ years experience) • Former roles at Livguard Energy, Dalmia Bharat, and Shalimar Paints • Krishna Kumar Maskara transitions to COO & CRO roles Why It Matters Expansion into cells, storage, and batteries indicates a shift towards integrated renewable energy solutions, enhancing long-term growth potential. Learning Outcome Capacity expansion combined with forward integration helps renewable companies improve margins and capture more value across the supply chain.

VIKRAMSOLR

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AASHISH RA

AASHISH RA

2 Jan • 7:30 PM · SEBI-Registered Analyst

Shalimar Paints Ltd – SWOT Analysis

SHALPAINTS
Strengths Legacy Brand: One of India’s oldest paint companies with long industry presence. Wide Product Portfolio: Decorative paints, industrial coatings, marine and protective coatings. Strong Institutional Presence: Supplies to defence, railways, infrastructure, and PSU projects. Pan-India Manufacturing Footprint: Multiple plants supporting regional demand. Turnaround Focus: Management initiatives aimed at cost control and portfolio rationalisation. Weaknesses Weak Financial Performance: History of losses and stressed balance sheet. Low Market Share: Significantly smaller compared to Asian Paints, Berger, Kansai Nerolac. Limited Brand Pull in Retail: Weak presence in premium decorative segment. High Working Capital: Dealer credit and inventory pressures. Execution Challenges: Slow pace of turnaround. Opportunities Infrastructure & Capex Revival: Demand from railways, defence, and industrial coatings. Urban Housing & Renovation: Long-term growth in decorative paints. Product Premiumisation: Shift towards higher-margin coatings. Operational Restructuring: Asset monetisation and cost optimisation. Import Substitution: Opportunity in specialised industrial coatings. Threats Intense Competition: Dominated by strong, well-capitalised players. Raw Material Volatility: Crude-linked inputs impact margins. Pricing Pressure: Limited ability to pass on cost increases. Economic Slowdown: Construction slowdown affects demand. Execution Risk: Turnaround may take longer than expected. Disclaimer Disclaimer: This analysis is provided solely for educational and informational purposes and should not be construed as investment advice or a recommendation to buy, sell, or hold any security. Stock-market investments are subject to market risks. Investors are advised to consult a SEBI-registered investment advisor before making any investment decision. Registration Number: INH000013174

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Sneha Jain

Sneha Jain

26 May • 10:28 AM · SEBI-Registered Analyst

Q4 results today: GIC, Aurobindo Pharma, Sumitomo Chemical, Nazara Tech, Sundaram Finance & Vadilal Industries

General Insurance Corporation of India, Aurobindo Pharma, Sundaram Finance, Fertilisers and Chemicals Travancore, Gillette India, SUMITOMO CHEMICAL INDIA LIMITED, Bayer CropScience, KEC International, Brainbees Solutions, Blue Dart Express, Schneider Electric Infrastructure, Action Construction Equipment, Nazara Technologies, Olectra Greentech, Maharashtra Seamless, Akums Drugs Pharmaceuticals, Shilpa Medicare, Powergrid Infrastructure Investment Trust, Rategain Travel Technologies, Insolation Energy, Infibeam Avenues, PTC India, Grauer and Weil (India), Pilani Investment and Industries Corporation, Optiemus Infracom, Yatharth Hospital and Trauma Care Services, Balaji Amines, Awfis Space Solutions, Vadilal Industries, Orchid Pharma, Jindal Drilling Industries, Stanley Lifestyles, India Pesticides, Bajaj Healthcare, Monte Carlo Fashions, Vadilal Enterprises, Shalimar Paints, Suraj, KM Sugar Mills, Ashapuri Gold Ornament, Orient Press, Three M Paper Boards, LCC Infotech, Universal Starch Chem Allied, Victoria Mills, Rishi Techtex, Smart Finsec, Gujarat Terce Laboratories, Vikram Aroma, CHALLANI CAPITAL, Sree Jayalakshmi Autospin, Amiable Logistics India, Finelistings Technologies, Phyto Chem (India), Jayatma Industries, Agio Paper & Industries, Shakti Press, and Rajkot Investment Trust, among others are the companies declaring results today.

AUROPHARMA
SUMICHEM
NAZARA

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Harika Enjamuri

Harika Enjamuri

13 Jan • 3:25 PM · SEBI-Registered Analyst

Crude Oil Spike Squeezes Margins: HPCL, IndiGo, BPCL, and Paint Stocks Slide

Brent crude prices surged past $81 per barrel today, reaching a three-month high due to expectations of disrupted Russian oil supplies. This rally stems from expanded US sanctions targeting Russian oil producers and 183 vessels, impacting major importers like China and India. Analysts believe these restrictions will force India and China to seek alternative suppliers, potentially pushing oil prices even higher. As crude prices rise, industries heavily dependent on oil—such as oil marketing companies, airlines, paint manufacturers, and tyre makers—are facing increased input costs, which hurt their profit margins. Key impacts on crude-sensitive stocks: 1) Oil Marketing Companies: Hindustan Petroleum (-6%), Indian Oil (-6.3%), and Bharat Petroleum (-4%) declined as higher crude prices raised their costs. 2) Airlines: InterGlobe Aviation (IndiGo) fell 5.45%, and SpiceJet dropped 3% due to the impact of rising jet fuel prices. 3) Paint Companies: Crude-derived raw materials, which account for 55-60% of input costs, dragged down shares of Asian Paints (-3.15%), Berger Paints (-2%), and Shalimar Paints (-0.57%). 4) Tyre Manufacturers: The rise in crude prices, essential for synthetic rubber and petrochemicals, led to declines in Apollo Tyres (-4%), CEAT (-0.25%), and Balkrishna Industries (-5%). With oil prices playing a critical role in these sectors, the current surge highlights the challenges crude-sensitive industries face in maintaining margins amid volatile commodity markets.

HINDPETRO
,
IOC
,
BPCL
,
INDIGO
, !SPICEJET,
ASIANPAINT
,
BERGEPAINT
, !SHALIPAINTS,
APOLLOTYRE
,
CEATLTD
,
BALKRISIND

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Shaly Gupta

Shaly Gupta

5 Sep • 8:21 AM · SEBI-Registered Analyst

24 Well-known stocks that have fallen more than 30% from their 52-week highs, even in a bull market.

Not every stock rises in a bull market, and not every stock falls in a bear market. Flair Writing -39.8% Cosmo Ferrites -39.8% MTNL -39.6% ENIL -39.6% Dredging Corporation -39.0% International Combustion -38.7% Shalimar Paints -38.5% Vaibhav Global -38.4% MTAR Technologies -38.2% Cupid -37.7% Garden Reach Ship. -37.7% ESAF Small Finance -37.5% Uttam Sugar -37.7% Arman Financial -37.1% Paisalo Digital -37.1% Foods & Inns -37.0% Madhya Bharat Agro -37.0% Dharmpur Sugar -37% Premier Explosives -36.9% Tata Investments -36.9% KRBL -36.6% Sigachi Industries -36.5% Hindustan Zinc -36.4% VIP Ind. -36.1%

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