Shalimar Paints Q2 FY27 Results Due October 28, 2026

Board Meeting Set for September-Quarter Results

Shalimar Paints Ltd is scheduled to consider and approve its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The board meeting is scheduled for October 28, 2026, according to the company’s intimation to BSE. The announcement places the company’s Q2 FY26-27 earnings release on the same date. Shalimar Paints’ fiscal year ends in March 2027.

The scheduled results will provide the next formal update on the paint maker’s sales and profitability after its June-quarter disclosure. The company manufactures, sells and distributes paints, coatings, varnishes, enamels and lacquers. Its reported workforce stands at 581 employees.

Q1 FY27 Revenue Was ₹137.72 Crore

For Q1 FY26-27, Shalimar Paints reported revenue of ₹137.72 crore. This was 11.68% lower on a quarter-on-quarter basis than ₹155.93 crore reported in the preceding quarter. Revenue was also 10.90% lower year-on-year, according to the quarterly-results summary.

The company announced its Q1 FY26-27 financial results on August 12, 2026. The June-quarter revenue figure is the most recent detailed quarterly sales number available ahead of the September-quarter board meeting. It will form the immediate comparison base when the company releases its next set of numbers.

March-Quarter Sales Had Also Declined

Shalimar Paints’ consolidated net sales for the quarter ended March 2026 were ₹155.93 crore, down 12.32% year-on-year. Standalone net sales for the same quarter were ₹153.06 crore, down 13.93% from a year earlier. The gap between consolidated and standalone sales was ₹2.87 crore in that period.

The March-quarter figures show that the June-quarter sales decline followed an earlier year-on-year fall in reported sales. However, the available information does not provide a segment-wise sales breakdown, product-level volumes, pricing details or regional performance. The September-quarter filing may provide further disclosures through its financial statements and accompanying notes.

Earlier September-Quarter Sales Reference

For the quarter ended September 2025, Shalimar Paints reported consolidated net sales of ₹133.81 crore. That figure was 7.55% lower year-on-year. This historical disclosure provides a reference point for assessing the year-on-year sales movement when the September 2026 results are published.

Comparisons should distinguish between standalone and consolidated figures. The company’s BSE intimation states that both sets of unaudited results will be considered by the board. Investors will therefore be able to compare the relevant September-quarter figures with the respective prior-year reporting basis.

Profit Figures Reported for the June Quarter

The Q1 FY26-27 summary lists gross profit of negative ₹17 crore and net profit of negative ₹21 crore. The summary indicated that gross profit improved 463.40% quarter-on-quarter and 42.72% year-on-year. It also indicated that net profit improved 187.69% quarter-on-quarter and 27.53% year-on-year.

These percentage changes reflect movement from the comparative periods, while the reported June-quarter gross-profit and net-profit figures remained negative. The supplied information does not include the full income statement, operating margin, finance costs, exceptional items or tax components. Those details are necessary for a fuller assessment of the company’s earnings performance.

Key Reported Financial Data

Insider Trading Window Has Closed

Shalimar Paints said its insider trading window closed on October 1, 2026, ahead of the unaudited results for the quarter and half year ended September 30. The restriction applies to designated persons trading in the company’s securities. It will remain in effect until 48 hours after the disclosure of the financial results.

Such trading-window closures are part of the company’s stated process ahead of financial disclosures. The timing confirms that the September-quarter reporting exercise was underway before the October 28 board meeting. The company has not supplied September-quarter financial figures in the information available before the meeting.

Other Developments Around the Company

A news item stated that NSE found some investors ineligible in connection with the Shalimar Paints and Infra.Market share-swap deal. No additional transaction terms, names of investors, financial impact or regulatory outcome are included in the supplied information. As a result, the available details do not establish how the matter may affect Shalimar Paints’ financial results or operations.

Separately, the company released financial results for the quarter and year ended March 31, 2026 on May 28, 2026. It subsequently released unaudited results for the quarter ended June 30, 2026 on August 12. The October 28 meeting continues this reporting cycle for the September quarter and first half of FY26-27.

What Investors Can Assess From the Filing

The September-quarter release will be important because it covers both a three-month period and the first six months of the fiscal year. The reported sales trend will be measured against the ₹133.81 crore consolidated net sales recorded in the September 2025 quarter. It will also show whether the June-quarter revenue decline of 10.90% year-on-year continued, narrowed or changed direction.

The results will also provide the next reported update after the June-quarter gross loss of ₹17 crore and net loss of ₹21 crore. Any interpretation of earnings will depend on the final standalone and consolidated statements approved by the board. Until then, the scheduled board-meeting notice is the confirmed event, rather than an indication of the September-quarter outcome.

Outlook Ahead of the Announcement

Shalimar Paints is scheduled to report Q2 FY26-27 results on October 28, 2026. The board will consider unaudited standalone and consolidated financial statements for the quarter and half year ended September 30, 2026. The release will update investors on sales, profitability and the company’s first-half financial position.

The immediate confirmed next step is the board meeting and the subsequent disclosure of approved results. Investors will be able to compare the published numbers with the June-quarter revenue of ₹137.72 crore and the prior-year September-quarter consolidated sales of ₹133.81 crore once the filing is available.