Shalimar Paints Ltd.

NSE: SHALPAINTS BSE: 509874 SECTOR: Paints  37k   103   7

165.30
+2.50 (1.54%)
NSE: Today, 04:04 PM

Price Summary

Today's High

₹ 166

Today's Low

₹ 162.1

52 Week High

₹ 184.4

52 Week Low

₹ 87.2

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its 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.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1193.75 Cr.

Enterprise Value

1316.66 Cr.

No. of Shares

7.22 Cr.

P/E

0

P/B

3.44

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  48.01

CASH

7.63 Cr.

DEBT

130.54 Cr.

Promoter Holding

39.92 %

EPS (TTM)

₹  -7.48

Sales Growth

-5.32%

ROE

-21.38 %

ROCE

-1.16%

Profit Growth

-30.68 %

* 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

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Brands

These are the brands of Shalimar Paints Ltd.

Xtra Superlac Shaktiman Superlac Hi-Gloss Hussain Collection Color space

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-5.32%
3 Year6.28%
5 Year-4.17%

Profit Growth

1 Year-30.68%
3 Year-3.09%
5 Year-256.48%

ROE%

1 Year-21.38%
3 Year-25.06%
5 Year-23.04%

ROCE %

1 Year-1.16%
3 Year-10.86%
5 Year-8.53%

Debt/Equity

0.6311

Price to Cash Flow

77.27

Interest Cover Ratio

-0.214122380831393

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 39.92 0
Mar 2022 39.92 0
Dec 2021 53.1 0
Sep 2021 53.1 0
Jun 2021 53.1 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of -5.41228400556727 days.

 Limitations

  • The company has shown a poor profit growth of -3.08910274500994% for the Past 3 years.
  • The company has shown a poor revenue growth of 6.28079755935755% for the Past 3 years.
  • Company has a poor ROE of -25.0589948192964% over the past 3 years.
  • Company has a poor ROCE of -10.8616366822807% over the past 3 years
  • Company has low Interest coverage ratio of -0.214122380831393.
  • The company has a low EBITDA margin of -6.9042474763435% over the past 5 years.
  • Promoter stake has been decreased from 53.1% to 39.92%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 65.17 90.93 96.46 105.54 109.9
Total Expenditure 74.04 98.73 102.46 105.36 113.32
Operating Profit -8.87 -7.8 -6 0.18 -3.42
Other Income 0.1 0.14 2.63 2.14 1.63
Interest 4.79 5.65 6.05 5.68 4.35
Depreciation 3.3 3.45 3.39 3.3 3.39
Exceptional Items -2.48 0 -2.34 -5.94 0
Profit Before Tax -19.34 -16.76 -15.15 -12.6 -9.53
Tax 0 0 0 0 0
Profit After Tax -19.34 -16.76 -15.15 -12.6 -9.53
Adjusted EPS (Rs) -3.56 -3.09 -2.79 -1.75 -1.32

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 349.78 271.19 287.62 343.85 325.56
Total Expenditure 336.25 305.27 349.32 377.69 321.94
Operating Profit 13.53 -34.08 -61.7 -33.84 3.62
Other Income 2.2 0.9 2.3 1.73 7.55
Interest 22.57 26.03 25.05 19.85 19.29
Depreciation 8.13 7.86 8.76 10.84 13.3
Exceptional Items 0 0 -15.68 6.95 -2
Profit Before Tax -14.97 -67.07 -108.89 -55.85 -23.42
Tax -5.36 -21.65 -27.32 -17.97 26.08
Net Profit -9.61 -45.42 -81.57 -37.88 -49.5
Adjusted EPS (Rs.) -3.65 -18.23 -15.21 -6.98 -9.12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 3.79 3.79 10.73 10.86 10.86
Total Reserves 162.93 117.28 277.74 245.56 196.13
Borrowings 23.67 24.94 18.09 18.2 24.05
Other N/C liabilities 25.82 4.02 -21.86 -39.9 -15.76
Current liabilities 323.7 349.51 287.45 261.79 274.62
Total Liabilities 539.91 499.55 572.14 496.52 489.9
Assets
Net Block 194.46 222.36 218.49 267.43 256.09
Capital WIP 13.74 0.67 23.56 0.1 0.35
Intangible WIP 0 0 0 0 0
Investments 0.69 0.73 0.78 0.82 0.86
Loans & Advances 16.4 9.25 13.5 9.33 9.55
Other N/C Assets 0.22 0.42 0.31 0 0.07
Current Assets 314.41 266.12 315.5 218.83 222.98
Total Assets 539.91 499.55 572.14 496.52 489.9
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations -14.97 -67.07 -108.89 -55.85 -23.42
Adjustment 30.61 33.41 72.35 56.25 31.87
Changes in Assets & Liabilities 18.57 68.95 -57.63 -9.87 7.14
Tax Paid -0.05 0.35 -0.06 -0.08 -0.15
Operating Cash Flow 34.16 35.64 -94.22 -9.55 15.45
Investing Cash Flow -15.79 -10.34 -33.47 -27.65 -6.1
Financing Cash Flow -18.89 -17.87 197.88 -45.76 -9.51
Net Cash Flow -0.52 7.44 70.19 -82.95 -0.16

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 53.10 53.10 53.10 39.92 39.92
hind strategic inv... 1.97 - 6.88 - -
virtuous tradecorp... 24.59 24.59 24.29 18.49 18.49
jsl limited 4.28 4.28 4.22 3.22 3.22
hexa securities an... 2.76 2.76 - 2.08 2.08
nalwa sons investm... 2.53 2.53 2.50 1.90 1.90
colarado trading c... 2.26 2.26 - 1.70 1.70
nalwa investments ... 0.50 0.50 0.49 0.37 0.37
sarika jhunjhnuwala 3.08 5.05 2.05 3.80 3.80
surya kumar jhunjh... 1.70 1.70 1.68 1.28 1.28
hexa securities an... - - 2.73 - -
gaurang jhunjhnuwa... 2.57 2.57 1.06 1.93 1.93
ritu jhunjhnuwala 2.57 2.57 1.06 1.93 1.93
shivang jhunjhnuwa... 2.43 2.43 1.41 1.83 1.83
colorado trading c... - - 2.23 - -
jindal equipment l... 0.19 0.19 0.19 0.14 0.14
stainless investme... 0.15 0.15 - 0.11 0.11
sun investments pr... 0.15 0.15 - 0.11 0.11
prithavi raj jindal 0.16 0.16 0.16 0.12 0.12
ratan jindal 0.30 - 0.30 - -
ratan jindal - 0.30 - - -
abhinandan investm... 0.10 0.10 0.10 0.08 0.08
mansarover investm... - - - - -
deepika jindal 0.16 0.16 0.16 0.24 0.12
urvi jindal - - - 0.23 0.23
sangita jindal 0.06 0.06 0.06 0.04 0.04
stainless investme... - - 0.15 - -
sun investments pr... - - 0.15 - -
sarita devi jain 0.04 0.04 0.04 0.03 0.03
kusum mittal 0.09 0.09 0.09 0.07 0.07
hina devi goyal 0.09 0.09 0.09 0.07 0.07
mansarover tradex ... 0.10 0.10 0.10 0.07 0.07
savitri devi jindal 0.07 0.07 0.07 0.05 0.05
naveen jindal 0.07 0.07 0.07 - -
r k jindal & sons ... - - - - -
p r jindal huf 0.03 0.03 0.03 - -
sminu jindal 0.02 0.02 0.02 0.02 0.02
sminu jindal - - - - -
s k jindal and son... - 0.02 - - -
r k jindal & sons ... 0.06 0.06 0.06 - -
naveen jindal huf(... - - - - 0.05
naveen jindal huf ... - - - 0.05 -
r k jindal & sons ... - - - 0.04 -
r k jindal & sons ... - - - - 0.04
p r jindal huf . - - - - -
s k jindal and son... - - - - -
s k jindal & sons ... 0.02 - 0.02 - 0.02
s k jindal & sons ... - - - 0.02 -
p r jindal huf(kar... - - - 0.02 0.02
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 46.90 46.90 46.90 60.08 60.08
hella infra market... - - - 24.89 24.99
veera gupta 8.62 8.62 - 6.48 6.48
assured fin - cap ... 1.26 - - - -
ashok kumar gupta 3.36 3.36 - 2.53 2.53
eq india fund 2.21 2.21 - 1.55 1.55
ganesh srinivasan 1.77 1.48 - - -
equity intelligenc... - - - - -
daman ishwardas gu... - - - - 1.33
assured fin-cap pv... - - - - -
assured fin-cap pr... - 1.26 - - -
assured fin- cap p... - - 1.25 - -
iepf 0.29 0.29 0.28 0.22 0.22

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Shalimar Paints informs about newspaper publication11 Aug 2022, 12:43PM Shalimar Paints - Quaterly Results10 Aug 2022, 3:19PM Shalimar Paints - Quaterly Results10 Aug 2022, 3:19PM Shalimar Paints informs about compliances-certificate7 Jul 2022, 5:27PM Shalimar Paints informs about investors presentation31 May 2022, 12:19PM Shalimar Paints informs about conference call 27 May 2022, 12:30PM Shalimar Paints - Quaterly Results26 May 2022, 3:04PM Shalimar Paints - Quaterly Results26 May 2022, 3:04PM Shalimar Paints - Quaterly Results26 May 2022, 3:04PM Shalimar Paints informs about EGM1 Apr 2022, 12:57PM Shalimar Paints informs about press release29 Mar 2022, 5:11PM Shalimar Paints informs about newspaper advertisements10 Mar 2022, 4:50PM Shalimar Paints planning to raise funds 4 Mar 2022, 10:30AM Shalimar Paints - Quaterly Results12 Feb 2022, 6:32PM Shalimar Paints - Quaterly Results12 Feb 2022, 6:32PM Shalimar Paints informs about newspaper advertisements 20 Jan 2022, 2:59PM Hella Infra Market plans to invest in Shalimar Paints 19 Jan 2022, 11:38AM Shalimar Paints informs about press release 16 Nov 2021, 11:38AM Shalimar Paints - Quaterly Results13 Nov 2021, 2:53PM Shalimar Paints informs about board meeting26 Oct 2021, 4:24PM Shalimar Paints informs about cessation of director24 Sep 2021, 3:28PM Shalimar Paints informs about board meeting19 Jun 2021, 3:01PM Shalimar Paints informs about outcome of board meeting11 May 2021, 4:43PM Shalimar Paints informs about disclosure10 Nov 2020, 3:36PM Shalimar Paints submits report of monitoring agency10 Nov 2020, 3:28PM

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 -22.0903660345588 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 -10.0356848862342 % 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 0.811950605271859 .

  • 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 -21.377524070802 % .(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 0.6311 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 4.11206772221351 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 -5.31888595673347 % which is poor 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 1.11235614071947 %.

  • 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

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