Shalimar Paints Limited

Company Profile

Shalimar Paints Limited had its IPO on under the ticker symbol SHALPAINTS.

The company operates in the Basic Materials sector and Specialty Chemicals industry. Shalimar Paints Limited has a staff strength of 0 employees.

Stock update

Shares of Shalimar Paints Limited opened at ₹161.2 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹154 - ₹161.2, and closed at ₹155.25.

This is a -2.91% slip from the previous day's closing price.

A total volume of 5,259 shares were traded at the close of the day’s session.

In the last one week, shares of Shalimar Paints Limited have slipped by -3.15%.

Shalimar Paints Limited's Key Ratios

Shalimar Paints Limited has a market cap of ₹11.54 billion, indicating a price to book ratio of 2.9583 and a price to sales ratio of 2.3287.

In the last 12-months Shalimar Paints Limited’s revenue was ₹5.01 billion with a gross profit of ₹1.36 billion and an EBITDA of ₹-156650256. The EBITDA ratio measures Shalimar Paints Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Shalimar Paints Limited’s operating margin was -5.7% while its return on assets stood at -2.66% with a return of equity of -9.98%.

In Q2, Shalimar Paints Limited’s quarterly earnings growth was a positive 0% while revenue growth was a positive 14.3%.

Shalimar Paints Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at ₹-4.98 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Shalimar Paints Limited’s profitability.

Shalimar Paints Limited stock is trading at a EV to sales ratio of 2.6151 and a EV to EBITDA ratio of -59.7402. Its price to sales ratio in the trailing 12-months stood at 2.3287.

Shalimar Paints Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹6.24 billion

Total Liabilities

₹2.48 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Shalimar Paints Limited ended 2024 with ₹6.24 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹6.24 billion while shareholder equity stood at ₹3.53 billion.

Shalimar Paints Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹2.48 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹212.10 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹146.20 million.

Shalimar Paints Limited’s total current assets stands at ₹3.45 billion while long-term investments were ₹0 and short-term investments were ₹898.60 million. Its net receivables were ₹1.08 billion compared to accounts payable of ₹1.00 billion and inventory worth ₹1.14 billion.

In 2024, Shalimar Paints Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Shalimar Paints Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹155.25

52-Week High

₹180

52-Week Low

₹121.55

Analyst Target Price

₹

Shalimar Paints Limited stock is currently trading at ₹155.25 per share. It touched a 52-week high of ₹180 and a 52-week low of ₹180. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹156.62 and 200-day moving average was ₹148.5 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7631.2% of the company’s stock are held by insiders while 155.1% are held by institutions.