Shalimar Paints Ltd. (BSE: 509874) is a Thane, Maharashtra-based company in the Industrial Coatings industry. With a market capitalisation of ₹682 Cr, it ranks #1,812 by market cap among the 6,137 Indian listed companies on FinBizNet, and #4 of 5 in Industrial Coatings. At ₹77.36 (as of 25 Oct 2026), the share price is 19.4% below its 52-week high of ₹95.95 and 119.7% above its 52-week low of ₹35.21. The share price is down 2.7% over one year and up 12.3% over three months.
| Current Price | ₹77.36 |
|---|---|
| Market Cap | ₹682 Cr |
| BSE Code | 509874 |
| Sector | Materials > Chemicals > Speciality Chemicals |
| Sub-Industry | Specialty Chemicals > Industrial Coatings |
| P/E Ratio | -10.5 |
| Return on Equity | -22.94% |
| Return on Assets | -3.90% |
| 52-Week Range | ₹35.21 – ₹95.95 |
| 1-Year Price Change | -2.7% |
| 3-Month Price Change | +12.3% |
| Beta (1Y) | 1.05 |
| Dividend Yield | 0.00% |
| Headquarters | Thane, Maharashtra |
| Website | www.shalimarpaints.com |
| Revenue | ₹138 Cr |
|---|---|
| Net Profit | ₹-21 Cr |
| Net Margin | -15.4% |
| EPS (Basic) | ₹-2.54 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Shalimar Paints Limited engages in the manufacture and sale of paints and coatings in India and internationally. It provides decorative paints for interior and exterior surfaces, concrete, plasters, metals; fibre reinforced elastomeric coating; undercoat and topcoat for metal and wood; and marine coatings. The company also offers emulsions, enamels, distemper, primer, epoxy, aluminum, and zinc rich coatings, as well as putty, cement-based, finishes, floors, and waterproofing paint products and solutions. It offers its products under the Shalimar brand name. In addition, the company provides a tinting system under the Color Space brand name. Shalimar Paints Limited was incorporated in 1902 and is based in Thane, India.
1. Paints-This segment produces and sells paints and coatings.
1. Paints-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Akzo Nobel India Limited | ₹13,890 Cr | 7.1 | 104.38% | ₹965 Cr | — |
| Grauer & Weil (India) Ltd. | ₹3,574 Cr | 21.5 | 16.23% | ₹295 Cr | -5.3% |
| Clariant Chemicals (India) Ltd. | ₹822 Cr | 18.2 | 8.15% | ₹222 Cr | -37.8% |
| Shalimar Paints Ltd. | ₹682 Cr | -10.5 | -22.94% | ₹138 Cr | -2.7% |
| Pressure Sensitive Systems (India) Ltd. | ₹16 Cr | — | -0.33% | — | -52.5% |
Listed by market capitalisation. Ratios are shown for context only.
Shalimar Paints Ltd. is trading at ₹77.36, with a market capitalisation of ₹682 Cr.
Shalimar Paints Ltd. operates in the Materials > Chemicals > Speciality Chemicals space (Specialty Chemicals > Industrial Coatings).
Shalimar Paints Ltd. has a P/E of -10.5 and a return on equity of -22.94%.
Shalimar Paints Ltd. is listed on the BSE under the scrip code 509874.
Shalimar Paints Ltd.'s share price is down 2.7% over one year and up 12.3% over three months. Its 52-week range is ₹35.21 to ₹95.95.
In Q1 FY27, Shalimar Paints Ltd. reported revenue of ₹138 Cr and net profit of ₹-21 Cr, with basic EPS of ₹-2.54 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.