Shalimar Paints Limited (SHALPAINTS) Fair Value & Analysis
Basic Materials · IN · Market cap ₹4.4B
Fair value as of: Jul 3, 2026
From 3 valuation models · updated today
Share price +7.6% over the past month.
Price vs Fair Value (12 months)
12‑month range ₹36.08 – ₹98.52 · fair‑value band ₹4.43 – ₹17.04 · the ₹51.82 price screens above the ₹9.87 fair value. As of Jul 3, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Shalimar Paints Limited (SHALPAINTS) currently trades at ₹51.82, while our model-based Fair Value estimate is ₹9.87 — implying the stock looks roughly 81.0% overvalued today. We read business quality at 44/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).
Over the trailing twelve months, Shalimar Paints Limited generated revenue of ₹5.8B at a net margin of -11.3%. Revenue declined 12.3% year over year. It earns a return on equity of -22.9%. Net debt stands at ₹1.2B. Fundamentals as of Jul 3, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.
About the company
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.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Shalimar Paints Limited reported revenue of ₹5.8B in FY2026 versus ₹3.6B in FY2022, a compound +12.6%/yr. Reported net income was −₹650M in FY2026.
Is SHALPAINTS fairly valued? → Check now
Similar stocks
6 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $516.71 | $221.55 | -57% |
| L'Air Liquide S.A AIQUY | $37.81 | $15.56 | -59% |
| Air Products and Chemicals, Inc A1PD34 | R$360.05 | R$174.71 | -51% |
| Intercontinental Exchange, Inc I1CE34 | R$334.47 | R$86.67 | -74% |
| Wanhua Chemical Group 600309 | ¥67.90 | ¥46.52 | -31% |
| Asian Paints Limited ASIANPAINT | ₹2,687 | ₹655.71 | -76% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Shalimar Paints Limited (SHALPAINTS) undervalued?
What is the fair value of SHALPAINTS?
What is the quality score of SHALPAINTS?
What is the revenue of Shalimar Paints Limited (SHALPAINTS)?
What is the net profit margin of SHALPAINTS?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.