₹85.26
+4.55% today
· 30d -2.28%
as of 2026-09-04
Price · Daily Candles
“SHALPAINTS Bleeds Red as Quarterly Profit Plummets, MACD Signals Continued Bearishness.”
Shalimar Paints reported a quarterly net loss of ₹27 crore in Q4 2025, with revenue down 11.36% YoY to ₹131 crore. The company's profitability is low, evidenced by a -11.14% profit margin and a negative ROCE of -13.0%, despite a 3-year revenue CAGR of 18.71%. The stock has plummeted -48.83% over the last year, trading 51.97% off its 52-week high.
BULL CASE
+Annual revenue witnessed a 10.32% YoY growth, reaching ₹599 crore in the fiscal year ending March 2025.
+Despite recent losses, the company boasts a 3-year revenue CAGR of 18.71% and a 5-year revenue CAGR of 11.74%.
+FII shareholding increased by 0.04% QoQ to 0.08% in Q4 2026, indicating some institutional interest.
+ML predictions for EBIT 1-year growth are neutral, with ranks of 0.652 (recent 2y) and 0.612 (rolling 4y).
BEAR CASE
−Q4 2025 saw a net loss of ₹27 crore and revenue declining 11.36% YoY to ₹131 crore.
−SHALPAINTS trades 51.97% below its 52-week high of ₹107.76, with a 1-year return of -48.83%.
−The company's ROCE stands at a negative -13.0%, and profit margin is -11.14%.
−The stock is currently free cash flow negative at -91 crore, representing a -20.93% FCF yield.
−Technical indicators show a moderate bearish MACD signal of -0.1809.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹131 Cr
-11.36% YoY
NET PROFIT
₹-27 Cr
OPM
-7.43%
+2.29pp YoY
EPS
₹-3.18
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-12.7% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
SHALPAINTS' negative ROCE of -13.0% significantly lags the sector average, with peers like Asian Paints and Pidilite Industries boasting ROCE of 28.61% and 30.22% respectively, and higher PE ratios.
PEERPEROCE %
SHALPAINTS—-13.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
48
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
75
Valuation
—
—
Growth
STEADY
68
Profitability
LOW
5
Technicals
NEUTRAL
63
Risk
ELEVATED
30
Key Stats
P/B
1.52
52W HIGH
₹95.95
OFF HIGH
-11.14%
MKT CAP
₹715 Cr
◉ Active Signals
MACDNeutral-1.0757
RSI(14)Bullish60.24
⧉ Strategy Fit 🔒