509874 Stock Overview
Shalimar Paints Limited engages in manufacturing, selling, and distributing paints and coatings in India.
Shalimar Paints Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹136.25|
|52 Week High||₹163.50|
|52 Week Low||₹89.35|
|1 Month Change||-8.22%|
|3 Month Change||0.073%|
|1 Year Change||28.60%|
|3 Year Change||79.39%|
|5 Year Change||-45.35%|
|Change since IPO||2,333.04%|
Recent News & Updates
|509874||IN Chemicals||IN Market|
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.
|509874 Average Weekly Movement||8.2%|
|Chemicals Industry Average Movement||7.1%|
|Market Average Movement||7.3%|
|10% most volatile stocks in IN Market||10.0%|
|10% least volatile stocks in IN Market||4.8%|
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
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
|509874 fundamental statistics|
Is 509874 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|509874 income statement (TTM)|
|Cost of Revenue||₹2.78b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-11.09|
|Net Profit Margin||-21.98%|
How did 509874 perform over the long term?See historical performance and comparison
Is Shalimar Paints undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
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).
How is Shalimar Paints forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Shalimar Paints performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
How is Shalimar Paints's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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.
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.
What is Shalimar Paints's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ashok Gupta (65 yo)
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.
Experienced Management: 509874's management team is considered experienced (2.4 years average tenure).
Experienced Board: 509874's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33%.
Shalimar Paints Limited's employee growth, exchange listings and data sources
- 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
- Shalimar Paints Limited
- Plot No. 28
- 1st Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/19 00:00|
|End of Day Share Price||2022/05/19 00:00|
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.