Shalimar Paints Share PriceShalimar Paints

₹154.65
-2.25 (-1.43%)
As on 21 September, 2023 | 14:41 BSE: 509874 NSE: SHALPAINTSISIN: INE849C01026

Shalimar Paints Performance

Day Range

  • Low 154.1
  • High 157.4
154.65

52 Week Range

  • Low 123.2
  • High 180
154.65
  • Open Price155.15
  • Previous Close156.9
  • Volume48856

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Shalimar Paints Share Price

  • Over 1 Month -0.86%
  • Over 3 Month 3.74%
  • Over 6 Month 7.55%
  • Over 1 Year -7.31%

Shalimar Paints Key Statistics

P/E Ratio -30.3
PEG Ratio -0.9
Market Cap Cr 1,117
Price to Book Ratio 3.2
EPS -5
Dividend 0
Relative Strength Index 45.85
Money Flow Index 40.63
MACD Signal 0.77
Average True Range 4.77

Shalimar Paints Investment Rating

  • Master Rating:
  • Shalimar Paints has an operating revenue of Rs. 501.21 Cr. on a trailing 12-month basis. An annual revenue growth of 36% is outstanding, Pre-tax margin of -7% needs improvement, ROE of -10% is poor and needs improvement. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 5% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 14% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 28 which is a POOR score indicating inconsistency in earnings, a RS Rating of 34 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 146 indicates it belongs to a poor industry group of Chemicals-Paints and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Shalimar Paints Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 126136129111110106
Operating Expenses Qtr Cr 130142130115113105
Operating Profit Qtr Cr -5-6-1-5-30
Depreciation Qtr Cr 333333
Interest Qtr Cr 444446
Tax Qtr Cr 000006
Net Profit Qtr Cr -10-10-6-11-10-13
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 493363
Operating Expenses Annual Cr 500381
Operating Profit Annual in Cr -15-22
Depreciation Cr 1313
Interest Annual Cr 1622
Tax Annual Cr 00
Net Profit Annual Cr -36-64
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -41
Cash from Investing Activity Annual Cr -3
Cash from Financing Annual Activity Cr 206
Net Cash Flow Annual Cr 162
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 337356
Fixed Assets Annual Cr 247248
Total Non Current Assets Annual Cr 260281
Total Current Assets Annual Cr 345371
Total Assets Annual Cr 605652
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4749
ROE Annual % -11-18
ROCE Annual % -6-7
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -2-5
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 126136129111110106
Operating Expenses Qtr Cr 130142130115113105
Operating Profit Qtr Cr -5-6-1-5-30
Depreciation Qtr Cr 333333
Interest Qtr Cr 444446
Tax Qtr Cr 000000
Net Profit Qtr Cr -10-10-6-11-10-13
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 493363
Operating Expenses Annual Cr 500381
Operating Profit Annual in Cr -15-22
Depreciation Cr 1313
Interest Annual Cr 1622
Tax Annual Cr 00
Net Profit Annual Cr -36-64
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -40
Cash from Investing Activity Annual Cr -3
Cash from Financing Annual Activity Cr 206
Net Cash Flow Annual Cr 162
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 353372
Fixed Assets Annual Cr 274275
Total Non Current Assets Annual Cr 278297
Total Current Assets Annual Cr 345372
Total Assets Annual Cr 624668
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4952
ROE Annual % -10-17
ROCE Annual % -5-7
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -2-5

Shalimar Paints Technicals

EMA & SMA

Current Price
₹154.65
-2.25 (-1.43%)
  • Bullish Moving Average
  • ___
  • 4
  • Bearish Moving Average
  • ___
  • 12
  • 20 Day
  • ₹158.97
  • 50 Day
  • ₹157.28
  • 100 Day
  • ₹154.69
  • 200 Day
  • ₹151.67
  • 20 Day
  • ₹160.07
  • 50 Day
  • ₹157.19
  • 100 Day
  • ₹153.82
  • 200 Day
  • ₹148.77

Shalimar Paints Resistance and Support

PIVOT
₹156.82
Resistance
First Resistance ₹159.79
Second Resistance ₹162.67
Third Resistance ₹165.64
RSI 45.85
MFI 40.64
MACD Single Line 0.77
MACD 0.13
Support
First Resistance ₹153.94
Second Resistance ₹150.97
Third Resistance ₹148.09

Shalimar Paints Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 103,808 7,352,721 70.83
Week 98,151 6,541,731 66.65
1 Month 178,976 11,121,563 62.14
6 Month 118,147 7,299,110 61.78

Shalimar Paints Result Highlights

Shalimar Paints Synopsis

NSE-Chemicals-Paints

Shalimar Paints is involved in the business activities of Manufacture of paints and varnishes, enamels or lacquers. Company’s Total Operating Revenue is Rs. 485.55 Cr. and Equity Capital is Rs. 14.44 Cr. for the Year ended 31/03/2023. Shalimar Paints Ltd. is a Public Limited Listed company incorporated on 16/12/1902 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L24222HR1902PLC065611 and registration number is 065611.
Market Cap 1,133
Sales 501
Shares in Float 4.33
No of funds 7
Yield
Book Value 3.37
U/D Vol ratio 1.2
LTDebt / Equity 4
Alpha -0.06
Beta 0.49

Shalimar Paints

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 39.92%39.92%39.92%39.92%
Insurance Companies 0.07%0.07%0.07%0.07%
Foreign Portfolio Investors 0.08%0.03%0.06%0.07%
Financial Institutions/ Banks
Individual Investors 17.93%17.89%17.78%17.39%
Others 42%42.09%42.17%42.55%

Shalimar Paints Management

Name Designation
Dr. Rajeev Uberoi Chairman
Mr. Ashok Kumar Gupta Managing Director
Ms. Shruti Shrivastava Director
Mr. Alok Perti Director
Mr. Vijay Kumar Sharma Director
Mr. Ashok Kumar Agarwal Director
Mr. Abhyuday Jindal Director
Mr. Souvik Pulakesh Sengupta Director
Mr. Sanjiv Garg Director

Shalimar Paints Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Shalimar Paints Corporate Action

Date Purpose Remarks
2023-08-11 Quarterly Results
2023-05-27 Audited Results
2023-02-13 Quarterly Results
2022-11-14 Quarterly Results
2022-08-10 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Shalimar Paints FAQs

What is Share Price of Shalimar Paints ?

Shalimar Paints share price is ₹154 As on 21 September, 2023 | 14:27

What is the Market Cap of Shalimar Paints ?

The Market Cap of Shalimar Paints is ₹1116.8 Cr As on 21 September, 2023 | 14:27

What is the P/E ratio of Shalimar Paints ?

The P/E ratio of Shalimar Paints is -30.3 As on 21 September, 2023 | 14:27

What is the PB ratio of Shalimar Paints ?

The PB ratio of Shalimar Paints is 3.2 As on 21 September, 2023 | 14:27

Q2FY23