SSelectStock

SHALPAINTSShalimar Paints Limited

Chemicals · Specialty Chemicals · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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.

85.73
0.34%
52Average

Mkt Cap
₹718 Cr
P/E
P/B
2.9
Div Yield
0.00%
52W High
₹95.95
52W Low
₹35.21

Price & Volume

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Key Ratios

Market Cap (₹ cr)717.70
P/E
P/B2.87
PEG
ROE %-25.90
ROCE %-10.10
Debt / Equity0.66
EPS-8.30
Revenue Growth %-10.30
Profit Growth %20.00
Dividend Yield %0.00
Promoter Holding %75.14
FII Holding %0.00
DII Holding %
Beta0.25

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

AVOIDConviction 53%

Why avoid

  • Risk gate: safety score is only 17/100 — volatility, drawdown or liquidity is too poor for a buy call, whatever the chart says
  • Revenue growth: -10.3% YoY
  • ROE: -25.9%
  • MACD: bearish
  • Volume: 0.8x 20-day average

⚖️ 1 bullish pattern setup is currently active on this stock. Pattern setup-quality percentages measure how cleanly a chart formation developed — they are not an endorsement of the company. Short-term traders may still trade those setups with strict stops; the AVOID verdict reflects the overall risk/fundamental profile for holding.

Bull case

  • Profit growth: 20.0% YoY
  • Debt/Equity: 0.66
  • Promoter holding: 75.1%
  • RSI: 60

Bear case

  • Revenue growth: -10.3% YoY
  • ROE: -25.9%
  • MACD: bearish
  • Volume: 0.8x 20-day average

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -10.3% YoY
  • ROE: -25.9%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹85.73
Stop Loss
₹75.89
risk 11.5%
Target 1 (1.5R)
₹100.49
+17.2%
Target 2 (3R)
₹115.26
+34.4%
Support (20d)
₹76.60
Resistance (52w)
₹95.95
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹9.84/share
ATR (volatility)
₹3.94
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹3.94). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental38
Technical68
Momentum72
Risk (safety)17

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