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Shalimar Paints BSE:509874 Stock Report

Last Price

₹136.25

Market Cap

₹10.2b

7D

8.4%

1Y

28.6%

Updated

19 May, 2022

Data

Company Financials
509874 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

509874 Stock Overview

Shalimar Paints Limited engages in manufacturing, selling, and distributing paints and coatings in India.

Shalimar Paints Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shalimar Paints
Historical stock prices
Current Share Price₹136.25
52 Week High₹163.50
52 Week Low₹89.35
Beta0.61
1 Month Change-8.22%
3 Month Change0.073%
1 Year Change28.60%
3 Year Change79.39%
5 Year Change-45.35%
Change since IPO2,333.04%

Recent News & Updates

Shareholder Returns

509874IN ChemicalsIN Market
7D8.4%2.3%1.7%
1Y28.6%13.7%10.5%

Return vs Industry: 509874 exceeded the Indian Chemicals industry which returned 13.7% over the past year.

Return vs Market: 509874 exceeded the Indian Market which returned 10.5% over the past year.

Price Volatility

Is 509874's price volatile compared to industry and market?
509874 volatility
509874 Average Weekly Movement8.2%
Chemicals Industry Average Movement7.1%
Market Average Movement7.3%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: 509874 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 509874's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1902611Ashok Guptahttps://www.shalimarpaints.com

Shalimar Paints Limited engages in manufacturing, selling, and distributing paints and coatings in India. The company offers decorative paints for interior and exterior surfaces; industrial paints; marine paints, including antifouling paints; packaging coatings for metal decoration; and emulsions, distempers, primers, putty, enamels, varnishes, and lacquers. The company markets its products under the Weather Pro, Xtra Tough Premier, Shaktiman, Signature, Stay Clean, Superlac Advance, No 1 Silk and Master, and NO.1 Distemper brand names.

Shalimar Paints Fundamentals Summary

How do Shalimar Paints's earnings and revenue compare to its market cap?
509874 fundamental statistics
Market Cap₹10.22b
Earnings (TTM)-₹800.63m
Revenue (TTM)₹3.64b

2.7x

P/S Ratio

-12.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
509874 income statement (TTM)
Revenue₹3.64b
Cost of Revenue₹2.78b
Gross Profit₹859.11m
Other Expenses₹1.66b
Earnings-₹800.63m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-11.09
Gross Margin23.58%
Net Profit Margin-21.98%
Debt/Equity Ratio81.3%

How did 509874 perform over the long term?

See historical performance and comparison

Valuation

Is Shalimar Paints undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


5.26x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 509874's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 509874's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: 509874 is unprofitable, so we can't compare its PE Ratio to the Indian Chemicals industry average.

PE vs Market: 509874 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 509874's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 509874 is overvalued based on its PB Ratio (5.3x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is Shalimar Paints forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.4%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shalimar Paints has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Shalimar Paints performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-12.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 509874 is currently unprofitable.

Growing Profit Margin: 509874 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 509874 is unprofitable, and losses have increased over the past 5 years at a rate of 12.3% per year.

Accelerating Growth: Unable to compare 509874's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 509874 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (35.8%).


Return on Equity

High ROE: 509874 has a negative Return on Equity (-42.84%), as it is currently unprofitable.


Financial Health

How is Shalimar Paints's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 509874's short term assets (₹1.8B) do not cover its short term liabilities (₹2.5B).

Long Term Liabilities: 509874's short term assets (₹1.8B) exceed its long term liabilities (₹400.5M).


Debt to Equity History and Analysis

Debt Level: 509874's net debt to equity ratio (76.8%) is considered high.

Reducing Debt: 509874's debt to equity ratio has reduced from 109.5% to 81.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 509874 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 509874 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.8% per year.


Dividend

What is Shalimar Paints's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 509874's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 509874's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 509874's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 509874's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 509874 is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 509874 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Ashok Gupta (65 yo)

2.42yrs

Tenure

₹24,699,999

Compensation

Mr. Ashok Kumar Gupta serves as Additional Non Executive Director of Apollo Pipes Limited since May 06, 2022. He serves as Vice Chairman at APL Apollo Tubes Limited since November 11, 2019 and served as it...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Ashok's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Insufficient data to compare Ashok's compensation with company performance.


Leadership Team

Experienced Management: 509874's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: 509874's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33%.


Top Shareholders

Company Information

Shalimar Paints Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Shalimar Paints Limited
  • Ticker: 509874
  • Exchange: BSE
  • Founded: 1902
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹10.215b
  • Shares outstanding: 72.22m
  • Website: https://www.shalimarpaints.com

Number of Employees


Location

  • Shalimar Paints Limited
  • Plot No. 28
  • 1st Floor
  • Gurugram
  • Haryana
  • 122001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.