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INVESTMENT INSIGHTS

Check Before You Invest : Shalimar Paints Ltd

BSE: 509874 NSE: SHALPAINTS ISIN: INE849C01026
  |   Sector:  Chemicals & Fertilizers   |   Industry:  Paints

Snapshot

Q.1 Which industry/sub-sector does Shalimar Paints Ltd belong to?
Shalimar Paints Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Paints segment.
Q.2 Is Shalimar Paints Ltd a good quality company?
Shalimar Paints Ltd is a weak quality company, based on a inconsistent 10 year financial track record.
Q.3 Is Shalimar Paints Ltd undervalued or overvalued?
Shalimar Paints Ltd appears Undervalued, as its key valuation ratios are below with their past averages.
Q.4 Is Shalimar Paints Ltd a good buy now?
Shalimar Paints Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Shalimar Paints Ltd?
Shalimar Paints Ltd revenue growth is 12% for FY-2025 , which is above its 5 year CAGR of 11.7% , indicating faster growth.
Q.2 Gross Profit margin of Shalimar Paints Ltd?
Shalimar Paints Ltd Gross profit margin which is the profit after deduction of direct costs, is -9.2% for FY-2025 , which is in line with its 5 year median of -9.2% , indicating stable margins.
Q.3 Operating Profit Margin of Shalimar Paints Ltd?
Shalimar Paints Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -9.46% for FY-2025 , which is below its 5 year median of -6.25% indicating decreasing margins.
Q.4 Net Profit Margin of Shalimar Paints Ltd?
Shalimar Paints Ltd Net Profit Margin is -13.37% for FY-2025 , is above with its 5 year median of -13.79%, indicating increasing margins.
Current Level Historic Median
Gross Profit Margin -9.2 -9.2
Operating Profit Margin -9.46 -6.25
Net Profit Margin -13.37 -13.79
Q.5 Return on Asset of Shalimar Paints Ltd?
Shalimar Paints Ltd Return on Asset is -12%, which is below its 5 year historical median of -10.7%, indicating deteriorated asset utilization efficiency.
Q.6 Return on Equity (ROE) of Shalimar Paints Ltd?
Shalimar Paints Ltd Return on equity is -35.18% for FY-2025 , which is below its historical median of -22.14%, indicating the business is making worse use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Shalimar Paints Ltd?
Shalimar Paints Ltd Return on capital employed is -17.5% for FY-2025 , which is below its estimated weighted average cost of capital(WACC) 14%, indicating value preservation.
Q.8 Cash conversion cycle of Shalimar Paints Ltd?
Shalimar Paints Ltd Cash conversion cycle is 38 days, below its historical median of 53 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 1.05 0.89
ROE -35.18 -22.14
ROCE -17.5 -9.13
Cash Conversion Cycle 38 days 53 days
Q.9 Debt to Equity ratio of Shalimar Paints Ltd?
Shalimar Paints Ltd Debt-to-Equity ratio is 0.81 , which is above with the industry average of 0 , indicating higher debt levels in the industry.
Q.10 Debt to cash flow from operations of Shalimar Paints Ltd?
Shalimar Paints Ltd Debt to cash flow from operations is -2.6 , which is at a unhealthy level.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Shalimar Paints Ltd?
Promoters hold 74.96% of the Shalimar Paints Ltd, with 70.51% of their stake pledged, indicating high pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Shalimar Paints Ltd vs industry peers?
Shalimar Paints Ltd revenue CAGR is 11.74% , compared to the industry median CAGR of 11.74% , indicating slower growth and losing its market share.
Profit Metrics
Current Level Industry Median
Revenue 599.1 1,073.3
Gross Profit -55.1 162
Operating Profit -57 182
Net Profit -80 132
Operating Efficiency
Current Level Industry Median
Asset Turnover 1.05 0.89
ROE -35.18 13.49
ROCE -17.5 18.35
Cash Conversion Cycle (days) 38.24 53

Valuation & price assessment

Q.1 Stock return of Shalimar Paints Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -5.6% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price -5.6% -9.8% -29.2% -52.7%
Q.3 Valuation ratios of Shalimar Paints Ltd vs historical?
The current P/E is similar that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings - 0.00 38.51
Price to Book 3.31 1.65 8.06
Price to Sales 0.75 1.34 5.74
EV to EBITDA -30.28 0.00 32.60

Check more companies

1. Kansai Nerolac Paint
2. JSW Dulux
3. Indigo Paints
4. Shalimar Paints
5. Retina Paints
6. Mysore Paint&Varnish
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