Shalimar Paints Ltd.

NSE: SHALPAINTS  SECTOR: Paints

100.55
+0.1 (0.1%)

Price Summary

Today's High

₹ 104.45

Today's Low

₹ 98.1

52 Week High

₹ 111

52 Week Low

₹ 43.85

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

545.989104245 Cr.

Enterprise Value

662.239704245 Cr.

No. of Shares

5.4300259 Cr.

P/E

0

P/B

2.25

Face Value

₹ 2

Div. Yield

0%

Book Value (TTM)

₹  44.6278

CASH

4.5129 Cr.

DEBT

120.7635 Cr.

Promoter Holding

53.1%

EPS (TTM)

₹  -7.6537

Sales Growth

19.5502119290077%

ROE

-13.9134702345924 %

ROCE

-8.80064643580139 %

Profit Growth

-9.91964448932792 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year19.55%
3 Year-0.57%
5 Year-4.52%

Profit Growth (in Cr.)

1 Year53.57%
3 Year-224.73%
5 Year-209.56%

ROE%

1 Year-13.91%
3 Year-28.48%
5 Year-17.03%

ROCE %

1 Year-8.8%
3 Year-14.77%
5 Year-5.57%

Debt/Equity

0.4713

Price to Cash Flow

-57.18

Interest Cover Ratio

-1.81315703311925

CFO/PAT (5 Yr. Avg.)

0.77773735544515

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2020 53.1 0
Sep 2020 53.1 0
Jun 2020 53.1 0
Mar 2020 53.08 0
Dec 2019 53.1 0
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 52.8401505558913 days.
  • The company has a high promoter holding of 53.1%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.73384341007328.

 Limitations

  • The company has shown a poor profit growth of -224.726379143906% for the Past 3 years.
  • The company has shown a poor revenue growth of -0.568530303240877% for the Past 3 years.
  • Company has a poor ROE of -28.4792277512035% over the past 3 years.
  • Company has a poor ROCE of -14.7677415389063% over the past 3 years
  • Company has low Interest coverage ratio of -1.81315703311925.
  • Company has negative cash flow from operations of -9.548.
  • The company has a low EBITDA margin of -5.85296941144664% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
Net Sales 82.08 93.28 83.43 44.48 76.81
Total Expenditure 82.05 93.16 117.25 49.81 72.31
Operating Profit 0.03 0.12 -33.82 -5.33 4.5
Other Income 0.2 0.37 0.65 0.45 0.22
Interest 5.09 5.14 5.42 4.56 4.65
Depreciation 2.56 2.76 3.31 3.33 3.33
Exceptional Items 0 0 6.95 -2 0
Profit Before Tax -7.42 -7.41 -34.95 -14.77 -3.26
Tax -2.25 -2.27 -12.66 -4.24 0.34
Profit After Tax -5.17 -5.14 -22.29 -10.53 -3.6
Adjusted EPS (Rs) -0.1 -0.09 -0.41 -0.19 -0.07

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 402.93 349.78 271.19 287.62 343.85
Total Expenditure 372.85 336.25 305.27 349.32 377.69
Operating Profit 30.09 13.53 -34.08 -61.7 -33.84
Other Income 1.42 2.2 0.9 2.3 1.73
Interest 22.15 22.57 26.03 25.05 19.85
Depreciation 5.04 8.13 7.86 8.76 10.84
Exceptional Items 0 0 0 -15.68 6.95
Profit Before Tax 4.32 -14.97 -67.07 -108.89 -55.85
Tax -0.96 -5.36 -21.65 -27.32 -17.97
Net Profit 5.28 -9.61 -45.42 -81.57 -37.88
Adjusted EPS (Rs.) 2 -3.65 -18.23 -15.21 -6.98

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 3.79 3.79 3.79 10.73 10.86
Total Reserves 62.28 162.93 117.28 277.74 245.56
Borrowings 33.57 23.67 24.94 18.09 18.2
Other N/C liabilities 4.57 25.82 4.02 -21.86 -39.9
Current liabilities 283.23 323.7 349.51 287.45 261.79
Total Liabilities 387.44 539.91 499.55 572.14 496.52
Assets
Net Block 67.44 194.46 222.36 218.49 267.43
Capital WIP 5.53 13.74 0.67 23.56 0.1
Investments 0.85 0.69 0.73 0.78 0.82
Loans & Advances 12.33 16.4 9.25 13.5 9.33
Other N/C Assets 0 0.22 0.42 0.31 0
Current Assets 301.28 314.41 266.12 315.5 218.83
Total Assets 387.44 539.91 499.55 572.14 496.52
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 4.32 -14.97 -67.07 -108.89 -55.85
Adjustment 25.98 30.61 33.41 72.35 56.25
Working Capital Changes 5.68 18.57 68.95 -57.63 -9.87
Tax Paid 0 -0.05 0.35 -0.06 -0.08
Operating Cash Flow 35.97 34.16 35.64 -94.22 -9.55
Investing Cash Flow -5.29 -15.79 -10.34 -33.47 -27.65
Financing Cash Flow -22.66 -18.89 -17.87 197.88 -45.76
Net Cash Flow 8.03 -0.52 7.44 70.19 -82.95

Corporate Actions

Ratings & Research Reports

Company Presentations

Company News

Shalimar Paints Stock Price Analysis and Quick Research Report. Is Shalimar Paints an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Shalimar Paints has a PE ratio of 0 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Shalimar Paints has ROA of -7.0885020327322 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Shalimar Paints has a Current ratio of 0.835901692508143 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Shalimar Paints has a ROE of -13.9134702345924 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Shalimar Paints has a D/E ratio of 0.4713 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Shalimar Paints has an Inventory turnover ratio of 4.8341066741954 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Shalimar Paints has reported revenue growth of 19.5502119290077 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Shalimar Paints for the current financial year is -8.86207461889929 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Shalimar Paints is Rs 0 and the yield is 0 %.

Brief about Shalimar Paints

X