Welcome to Multibagg AI
Log in to access personalized features
Discovery themes featuring this stockGet instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
Investor Presentation
Q1 FY24
Investor Presentation
Q4 FY23
Investor Presentation
Q3 FY23
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY23
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q2 FY23
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q1 FY23
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY22
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY22
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Shalimar Paints Ltd (SHALPAINTS) is currently trading at 53.15 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Shalimar Paints Limited is a leading manufacturer and seller of decorative paints and industrial coatings in India, serving both domestic and international markets. The company maintains a vast distribution network with facilities in Chennai, Nashik, and Sikandrabad, and its products are sold in India and countries like Nepal, UAE, Bhutan, and Seychelles. Shalimar Paints has a rich history, having transformed from a subsidiary of Courtalds Coatings, UK, into a publicly traded entity with significant Indian ownership. Recently, the company ventured into the waterproofing segment with the launch of its Zero Damp brand and has established a state-of-the-art R&D facility at Nashik, enhancing its innovation capabilities. Shalimar Paints has diversified its product segments over the years, including developing aviation coatings and entering technical collaborations for advanced industrial paints.
Over the past 52 weeks, Shalimar Paints Ltd has traded between a low of ₹47.11 and a high of ₹118.91. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Shalimar Paints Ltd has a market capitalization of approximately 431.95. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Shalimar Paints Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -6.48 and operates in the Paints/Varnish sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 431.95 Cr, Shalimar Paints Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Shalimar Paints Ltd operates in the Paints/Varnish sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Shalimar Paints Ltd is -6.48. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Change in Management
Mr. Venugopal Chetlur (DIN:08686707) resigned as Whole‑time Director of Shalimar Paints effective COB March 4, 2026 for personal reasons and will continue with the company as Chief Operating Officer overseeing operations.
Change in Directors/KMP
Shalimar Paints: Mr. Venugopal Chetlur resigned as Whole-time Director effective March 4, 2026 for personal reasons, and will continue to serve the company as Chief Operating Officer overseeing operations.
Bearish
4
Neutral
6
Bullish
4
Bearish
29
Neutral
6
Bullish
11
Bearish
25
Neutral
0
Bullish
7
Shalimar Paints Limited is a leading manufacturer and seller of decorative paints and industrial coatings in India, serving both domestic and international markets.
The company maintains a vast distribution network with facilities in Chennai, Nashik, and Sikandrabad, and its products are sold in India and countries like Nepal, UAE, Bhutan, and Seychelles.
Shalimar Paints has a rich history, having transformed from a subsidiary of Courtalds Coatings, UK, into a publicly traded entity with significant Indian ownership.
Recently, the company ventured into the waterproofing segment with the launch of its Zero Damp brand and has established a state-of-the-art R&D facility at Nashik, enhancing its innovation capabilities.
Shalimar Paints has diversified its product segments over the years, including developing aviation coatings and entering technical collaborations for advanced industrial paints.
Paints/Varnish
Paints / Varnishes
432 Cr
High Risk
-6.5
47.5
—
2.5
118.91
47.11
Sales CAGR
Profit CAGR
ROE
ROCE
| Symbol | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
185.65 | 15,018 Cr | 25.64 | 2.32 | 2.02 | 10.06 | 12.84 | 6.82 | |
2912.60 | 13,143 Cr | 6.78 | 5.83 | 3.46 | 17.36 | 22.06 | 53.59 | |
843.25 | 4,018 Cr | 27.95 | 3.77 | 0.41 | 13.49 | 17.10 | 9.92 | |
51.83 | 432 Cr | -6.48 | 2.46 | 0.00 | -22.85 | -8.87 | -9.75 | |
201.85 | 125 Cr | 14.61 | 3.23 | 1.64 | 21.95 | 29.51 | 17.02 | |
55.00 | 86 Cr | 64.71 | 2.63 | 0.00 | 14.46 | 15.28 | 9.53 | |
44.35 | 33 Cr | 14.31 | 0.98 | 0.00 | 6.58 | 8.42 | 3.21 |
