Shalimar Paints Limited (BOM:509874)

Shalimar Paints Financials Overview

Financials in millions INR. Fiscal year is April - March.

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	5,374	5,756	5,998	5,349	4,838	3,582
Revenue Growth	-12.52%	-4.03%	12.13%	10.56%	35.07%	10.02%
Gross Profit Gross Profit Growth	1,521	1,827	1,582	1,424	1,232	863.94
Operating Income Operating Income Growth	-672.5	-419.1	-734.6	-690.1	-274.5	-357.88
Net Income Net Income Growth	-878.5	-649.5	-811.7	-738.5	-361.5	-603.51
Earnings Per Share EPS Growth	-8.03	-7.76	-9.70	-9.52	-5.01	-10.76
EPS Growth	-	-	-	-	-	-

Revenue by Geography

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Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
India India Growth	5,594	5,851	5,176	4,695
Outside India Outside India Growth	134.1	129.4	129.4	124.8
Total Total Growth	5,728	5,981	5,306	4,820

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	332.9	71.4	70.6	503.5	1,064	1,696
Total Debt Total Debt Growth	1,613	1,648	1,639	1,059	1,401	1,676
Net Cash (Debt) Net Cash Growth	-1,280	-1,576	-1,568	-555.3	-337.1	19.91
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-11.70	-18.83	-18.73	-7.16	-4.67	0.36

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	308.2	233.5	-586.5	176.8	-479.3	-618.05
Capital Expenditures CapEx Growth	-11.7	-101.8	-334.4	-572.1	-112	-30.65
Free Cash Flow Free Cash Flow Growth	296.5	131.7	-920.9	-395.3	-591.3	-648.7
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	28.30%	31.73%	26.38%	26.62%	25.47%	24.12%
Operating Margin	-12.51%	-7.28%	-12.25%	-12.90%	-5.67%	-9.99%
Pretax Margin	-16.43%	-11.36%	-13.53%	-13.81%	-7.47%	-17.01%
Profit Margin	-16.35%	-11.28%	-13.53%	-13.81%	-7.47%	-16.85%
FCF Margin	5.52%	2.29%	-15.35%	-7.39%	-12.22%	-18.11%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 29, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Forward PE	-	5.67	5.67	5.67	5.67	5.67
P/FCF Ratio	23.00	22.95	-	-	-	-
PS Ratio	1.27	0.53	1.38	2.61	2.04	2.36

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error