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Shalimar Paints Ltd share Price Today

Company details

143.35
147.50
134.20
224.15
6M Return -19.84%
1Y Return -3.53%
Mkt Cap.(Cr) 1,208.54
Volume 222,618
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 222,618

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Shalimar Paints Ltd shares SWOT Analysis

Strengths (4)

  • Promoter holding increased more than 2% QoQ
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt

Weakness (4)

  • Promoters increased pledged shares QoQ
  • Low Piotroski Score : Companies with weak financials
  • Book Value Per Share deteriorating for last 2 years

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (2)

  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 146.8
R2 149.2
R3 150.9
Pivot

145.07

S1 142.6
S2 140.9
S3 138.5
EMA SMA
149.5
157.1
164.8
167.6
148.1
158.5
171.3
174.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-16 213.28 599545 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-16 213.25 599545 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-15 200.11 600426 NSE
Name Category Shares
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Hexa Securities and Finance Co. Ltd. PROMOTER 1.79%
Nalwa Sons Investments Limited PROMOTER 1.64%
Colorado Trading Co. Pvt. Ltd. PROMOTER 1.46%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Shalimar Paints Ltd Stocks COMPARISON

Financials( in Cr) Shalimar Paints Ltd Asian Paints Ltd Berger Paints India Ltd Kansai Nerolac Paints Ltd Akzo Nobel India Ltd
Price 144.37 2,890.85 502.20 274.15 2,918.45
% Change -0.04 -0.85 -1.56 -3.13 1.46
Mcap Cr 1,208.54 277,289.75 58,546.28 22,161.74 13,290.62
Revenue TTM Cr 485.55 35,494.73 10,567.84 7,801.44 3,802.10
Net Profit TTM Cr -36.15 5,557.69 860.40 1,175.86 335.10
PE TTM 0.00 51.22 50.93 34.85 30.66
1 Year Return -3.53 -12.89 -10.69 -9.47 19.35
ROCE 0.00 37.82 23.34 16.55 32.26
ROE 0.00 32.01 20.43 12.79 26.04
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 352.55 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 38,781.36 14,522.15
LAST 3M 107,380.98 -17,606.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 296,407.80 100,937.44

Shalimar Paints Ltd Information

Stock PE (TTM)
0
Promoter Holding
75.73%
Book Value
42.4892
ROCE
0%
ROE
0%
Description
  • 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).

Registered Address

Stainless Centre 4th Floor, Plot No 50 Sector 32, Gurugram, Haryana, 122001

Tel : 91-0124-4616600
Email : askus:shalimarpaints.com; hwhsec:shalimarpaints.co
Website : http://www.shalimarpaints.com
Registrar

Beetal Fin.& Comp. Ser.(P) Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 509874
NSE Code : SHALPAINTS
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE849C01026

FAQ’s on Shalimar Paints Ltd Shares

You can buy Shalimar Paints Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shalimar Paints Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 03:55 PM the closing price of Shalimar Paints Ltd was Rs.144.37.

The latest PE ratio of Shalimar Paints Ltd as of Jun 21, 2024 03:55 PM is 0.00

The latest PB ratio of Shalimar Paints Ltd as of Jun 21, 2024 03:55 PM is 0.29

The 52-week high of Shalimar Paints Ltd share price is Rs. 224.15 while the 52-week low is Rs. 134.20

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 21, 2024 03:55 PM, the market cap of Shalimar Paints Ltd stood at Rs. 1,208.54 Cr.

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