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Shalimar Paints Ltd Performance

Today's Low
154.65
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Today's High
161.45
52 Wk Low
146.00
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52 Wk High
224.15


Open

161.1

Traded Value (Cr)

2.06

Prev. Close

157.45

Face Value

2

Volume

131096

Shalimar Paints Ltd Fundamentals

Market Cap
₹ 1355.28 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
3.15
Debt to Equity
0.46
ROE
0.00
EPS (TTM)
0.00
Dividend Yield
0.00 %
Book Value
51.37

Click here to know more about Fundamentals

Shalimar Paints Ltd Financials

Shalimar Paints Ltd Financials

Shalimar Paints Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Oct 2023 Sep 2023
Promoters 75.73 % 31.90 % 41.31 % 39.92 %
Retail 18.20 % 15.63 % 9.63 % 17.29 %
Others 5.99 % 52.47 % 48.89 % 42.76 %
FII 0.08 % 0.00 % 0.17 % 0.03 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

75.73%

Retail

18.20%

Others

5.99%

FII

0.08%

Mutual Funds

0.00%

Promoters

31.90%

Retail

15.63%

Others

52.47%

FII

0.00%

Mutual Funds

0.00%

Promoters

41.31%

Retail

9.63%

Others

48.89%

FII

0.17%

Mutual Funds

0.00%

Promoters

39.92%

Retail

17.29%

Others

42.76%

FII

0.03%

Mutual Funds

0.00%

Resistance and Support

₹157.85

PIVOT

resistance-arrow
Resistance
First Resistance₹161.050
Second Resistance₹164.650
Third Resistance₹167.850
support-arrow
Support
First Support₹154.250
Second Support₹151.050
Third Support₹147.450

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day233,74649,08270.12
Week70,00274,125-63.29
1 Month70,002101,709-63.29
6 Months75,422,88336,597,23854.99

About Shalimar Paints Ltd

Shalimar Paints Ltd. established in 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, 32 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. Courtalds Coatings, UK was the holding company and it holds majority shareholding through it's subsidiary International Paint Company, UK. It became a private limited company in 1956 and later on in 1961, it was converted into a public limited company. The company acquired its present name in 1963. Courtalds slowly started disinvesting since 1978 and finally in 1989, it fully disinvested its stake and maintained only its technical and marketing collaboration with the Indian company till 1994. The Courtald's stake was acquired by G Jhunjhunwala, a HongKong based NRI (20%) and the Delhi-based O P Jindal group (42%). The company has three product segments - industrial, marine and architectural paint segments. It also manufactures varnishes, resins, etc. The company has two manufacturing units one at Howrah, West Bengal and the other at Nashik, Maharashtra. 90% of its raw materials are obtained from Kerala Mining and Materials (KMML). The company diversified in 1993 into aviation coatings. It also launched a premium range of wall finisher - Hussain Collections - in the decorative sector. It also entered into a technical collaboration with Salchi, Italy to manufacture solvent borne industrial paints. A joint venture company, Grace Shalimar (P) Ltd, has been formed with W R Grace & Co, to produce 2000 tpa of packaging coatings for which a new plant will be set up at Nashik. In 1999-2000, the company introduced two new products, MELA, an acrylic distemper and XTRA, a premium 100% acrylic exterior finish paint. In 2000-01, the company has entered into a tie-up with Creanova, a world leader in colorants and in 2001-02 the company launched colour tinting system business under the brand name of Color Space. Several new products including Roadcoat,Shaktiman were introduced during 2001-02. The Company launched two new products, No. 1 Silk Emulsion, an economical water thinnable Acrylic coating for interior walls and Superlac soft sheen Satin Enamel for wood, metal and wall surface in 2002-03. The Sikandrabad factory which was acquired in March 2003 became fully operational. During the year 2007-08, Directors had, with a view to diversify into the fast growing real estate sector, formed a separate division i.e. 'Real Estate Division' to carry on the said new line of activities. Subsequently, the Company, decided to hive-off the Real Estate Division to a separate subsidiary company. Accordingly, the Company formed a subsidiary company by the name 'Shalimar Adhunik Nirman Private Limited' and initiated the process of hiving off its Real Estate Division to the said subsidiary. During the year 2008-09, the Hon'ble High Courts at Kolkata and Delhi sanctioned the Scheme of Arrangement between the Company and Shalimar Adhunik Nirman Limited (SANL) and accordingly the Company hived-off its Real Estate Division to SANL, subsidiary of the Company with effect from the appointed date on 31st March, 2008. The Company in 2011-12 launched a premium exterior emulsion under the brand 'Self Clean'. New products like Signature, Superlac Stay Clean, Weather PRO+, G. P. Synthetic Enamel were launched in the decorative paint segment in 2015-16. In the industrial segment, it launched quite a few new products namely Single Pack DT- Primer cum Topcoat, Low Cost Zinc Silicate for Projects, High Build Quick Drying Coal Tar Epoxy, Solvent less Epoxy Costing For Pipe Industries, Quick drying Single pack Paint for Cylinder Industries, Black and Clear Bitumen Varnish and Stoving Paint for Hair Clip. During 2016-17, In the Decorative segment, Company launched new products namely, Zinc Chromate Yellow Green Primer, Super Shaktiman Projects Acrylic Exterior Emulsion, Xtra Tough Premier Acrylic Exterior Emulsion, Superlac Advance Premium Acrylic Interior Emulsion and in decorative packaging segment, Red Oxide Metal Primer, Universal White Primer were launched. In the Industrial Product segment, it launched Solventless Food Grade Epoxy, Quick Drying Alkyd Primer, Phenolic Modified Coating, Heat Resistance Coating and Zinc Phosphate Primer. As on March 31, 2022, Company had two subsidiaries, viz. Shalimar Adhunik Nirman Limited (SANL) and Eastern Speciality Paints & Coatings Private Limited (ESPCPL).

Managing Director

1902

Founded

Ashok Kumar Gupta

NSE Symbol

SHALPAINTS

Shalimar Paints Ltd Management

NameDesignation
G Jhunjhnuwala Chairman
Ashok Kumar GuptaManaging Director
R Jindal Director
A V Lodha Director
R Garg Director
VIJAY KUMAR SHARMAIndependent Director
R Srinivasan Director
Rajeev OberoiChairman & Independent Directo
P Aggarwal Director
Abhyuday JindalIndependent Director
S Sarda Executive Director
SANJIV GARGIndependent Director
Shikha RastogiCompany Sec. & Compli. Officer
Debendra Banthiya Company Secretary
Souvik Pulakesh SenguptaNon Executive Director
Shan JainIndependent Director
Atul R DesaiIndependent Director

Shalimar Paints Ltd News

Shalimar Paints reports consolidated net loss of Rs 26.42 crore in the March 2024 quarter
Sales rise 6.58% to Rs 144.26 crore
Shalimar Paints announces board meeting date
On 17 May 2024
Shalimar Paints reports consolidated net loss of Rs 11.54 crore in the December 2023 quarter
Sales rise 13.01% to Rs 145.88 crore
Shalimar Paints to discuss results
On 9 February 2024
Shalimar Paints receives credit ratings from CARE
Shalimar Paints reports consolidated net loss of Rs 25.62 crore in the September 2023 quarter
Sales rise 7.64% to Rs 119.14 crore
Shalimar Paints announces board meeting date
On 9 November 2023
Shalimar Paints allots 1.14 cr equity shares on conversion of warrants
Shalimar Paints announces resignation of CFO
Shalimar Paints slips after CFO Davinder Dogra resigns
Shalimar Paints fell 2% to Rs 156.70 after the paints maker announced that Davinder Dogra has tendered his resignation from the post of chief financial officer (CFO) and key managerial personnel of the company, due to personal reasons.

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Shalimar Paints Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Shalimar Paints Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Shalimar Paints Ltd's share price is ₹157.45 as of May 21, 2024 at 11:39 AM

Shalimar Paints Ltd's P/E ratio is 0.00 times as of May 21, 2024 at 11:39 AM.

Shalimar Paints Ltd's most recent financial reports indicate a price-to-book ratio of 3.15, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Shalimar Paints Ltd's market is 1,355 Cr as on May 21, 2024 at 11:39 AM.

The current financial records of Shalimar Paints Ltd show a 0.00% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Shalimar Paints Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Shalimar Paints Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Shalimar Paints Ltd's 52-week high and low as of May 21, 2024 at 11:39 AM are ₹224.15 and ₹224.15 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Shalimar Paints Ltd stands at 75.73%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.00% to 0.08%.