IPO Plus

₹86

▲ +0.2 +0.23%

As of 05 Aug 2026 · delayed

NSE Listed · Paints/Varnish

ESM · ESM 1
What does ESM · ESM 1 mean?
BSE · Enhanced Surveillance Measure (ESM 1)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-08-05
NSE · Enhanced Surveillance Measure (ESM 1)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-08-05

Shalimar Paints Ltd. (SHALPAINTS)

Volume: 24,84,740Avg Vol 1W: 35,04,652Avg Vol 1M: 11,52,10052W Range:₹35.21₹89.8
NSE BSE www.shalimarpaints.com AI Report
Key Ratios
Checked just now
Market Cap₹722 Cr
Current Price₹86
Previous Close₹85.8
High / Low (52w)₹89.8 / ₹35.21
Volume24,84,740
Avg Vol (1W)35,04,652
Avg Vol (1M)11,52,100
Stock P/E—
Book Value₹17.02
Dividend Yield0%
ROE-25.86%
ROA-10.14%
Revenue (TTM)—
Revenue Growth10.56%
Profit Margin-11.28%
Total Debt₹20 Cr
Shares Outstanding8 Cr
Face Value₹2
EPS (TTM)₹0
P/B5.06
Debt / Equity0.55
50 DMA₹56.42
200 DMA₹59.35
Day change+0.23%
SurveillanceESM · ESM 1
Price Chart
₹86▲ 12.15% · 1Y
₹109₹361.0Cr
2025-08-06
2026-08-05

20-day avg volume: 12.6L shares

Pros
  • Company is almost debt-free.
  • Revenue grew 17% YoY.
Cons
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹128 Cr₹145 Cr₹148 Cr₹178 Cr₹155 Cr₹134 Cr₹131 Cr₹156 Cr
EBITDA₹-24 Cr₹-15 Cr₹-19 Cr₹-5 Cr₹-11 Cr₹-8 Cr₹-15 Cr₹-2 Cr
Net Profit₹-27 Cr₹-20 Cr₹-25 Cr₹-10 Cr₹-17 Cr₹-14 Cr₹-27 Cr₹-7 Cr
EPS————————
Profit & Loss (Annual)
MetricSept 2024Dec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹145 Cr₹148 Cr₹178 Cr₹609 Cr₹153 Cr₹132 Cr₹130 Cr₹153 Cr
EBITDA₹-15 Cr₹-19 Cr₹-5 Cr₹-63 Cr₹-11 Cr₹-7 Cr₹-15 Cr₹-1 Cr
Net Profit₹-20 Cr₹-24 Cr₹-10 Cr₹-80 Cr₹-17 Cr₹-14 Cr₹-27 Cr₹-6 Cr
EPS———-9.58————
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹494 Cr₹594 Cr₹536 Cr₹506 Cr₹647 Cr₹624 Cr₹670 Cr₹702 Cr
Total Liabilities₹356 Cr₹289 Cr₹263 Cr₹283 Cr₹296 Cr₹271 Cr₹276 Cr₹387 Cr
Equity₹138 Cr₹305 Cr₹273 Cr₹223 Cr₹351 Cr₹353 Cr₹393 Cr₹315 Cr
Total Debt————————
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹35 Cr₹-94 Cr₹-9 Cr₹16 Cr₹-62 Cr₹-47 Cr₹18 Cr₹-58 Cr
Investing₹-11 Cr₹-34 Cr₹-28 Cr₹-5 Cr₹-6 Cr₹-84 Cr₹-51 Cr₹-14 Cr
Financing₹-18 Cr₹198 Cr₹-46 Cr₹-11 Cr₹225 Cr₹-7 Cr₹44 Cr₹27 Cr
Free Cash Flow₹35 Cr₹-94 Cr₹-9 Cr₹16 Cr₹-62 Cr₹-47 Cr₹18 Cr₹-58 Cr
Shareholding
Promoter 74.96% Institutions 0.08% Public 24.96%
Efficiency & Working Capital
ROCE-9.6%
Interest Coverage-3.6
Dividend Payout—
Debtor Days90 d
Inventory Days82 d
Payable Days117 d
Cash Conversion Cycle55 d
Working Capital Days172 d
Shareholding Details

As of 2026-06-30

Promoter75%
FII0%
DII0%
Institutions0.1%
Public25%
Promoter Pledge70.5%
No. of Shareholders31,768
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodOct 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters41.3%31.9%75.7%75.7%75.7%75.7%75%75%75%75%75%75%
FIIs0.2%0%0.1%0%0%0%0%0%0%0%0.1%0%
DIIs0.1%0.1%0%0%0%0%0%0%0%0%0%0%
Public58.5%68%24.2%24.2%24.2%24.2%25%25%25%25%24.9%25%
Promoter Pledge0%0%28.5%66.2%66.2%66.2%57.7%57.7%61.4%70.5%70.5%70.5%
No. of Shareholders21,53023,24024,33326,50330,00931,10029,91331,08632,65932,40831,82631,768
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Hella Infra Market LimitedShareholding of Promoter and Promoter Group52.9%4.42 Cr
Virtuous Tradecorp Private LimitedShareholding of Promoter and Promoter Group12.6%1.06 Cr
Jsl LimitedShareholding of Promoter and Promoter Group3.2%26,81,992
Hexa Securities And Finance Company LimitedShareholding of Promoter and Promoter Group1.8%15,00,000
Nalwa Sons Investments LimitedShareholding of Promoter and Promoter Group1.6%13,72,590
Colorado Trading Company Private LimitedShareholding of Promoter and Promoter Group1.5%12,24,635
Nalwa Investments LimitedShareholding of Promoter and Promoter Group0.3%2,70,569
Urvi JindalShareholding of Promoter and Promoter Group0.2%1,65,545
Jindal Equipment Leasing And Consultancy Services LimitedShareholding of Promoter and Promoter Group0.1%1,02,500
Deepika JindalShareholding of Promoter and Promoter Group0.1%89,062
Prj Family Management Company Private LimitedShareholding of Promoter and Promoter Group0.1%85,490
Stainless Investments LimitedShareholding of Promoter and Promoter Group0.1%82,500
Sun Investments Private LimitedShareholding of Promoter and Promoter Group0.1%82,500
Abhinandan Tradex LimitedShareholding of Promoter and Promoter Group0.1%55,000
Mansarover Tradex LimitedShareholding of Promoter and Promoter Group0.1%52,500
R K Jindal & Sons Huf (karta: Mr. Ratan Jindal)Shareholding of Promoter and Promoter Group0%30,750
Sangita JindalShareholding of Promoter and Promoter Group0%31,000
Savitri Devi JindalShareholding of Promoter and Promoter Group0%36,515
Naveen Jindal & Sons Huf (karta: Mr. Naveen Jindal)Shareholding of Promoter and Promoter Group0%36,515
P R Jindal Huf (karta: Mr. P R Jindal)Shareholding of Promoter and Promoter Group0%14,606
Sminu JindalShareholding of Promoter and Promoter Group0%12,468
S K Jindal & Sons Huf (karta: Mr.GáSajjanGáJindal)Shareholding of Promoter and Promoter Group0%12,300
Arti JindalShareholding of Promoter and Promoter Group0%10
Gagan Infraenergy LimitedShareholding of Promoter and Promoter Group0%0
Hina Devi GoyalShareholding of Promoter and Promoter Group0%60
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Hella Infra Market Limited4.42 Cr100%2026-06-30
Board of Directors
NameDesignationYear
Rajeev UberoiChairman & Independent Directo2025
Venugopal ChetlurWhole Time Director & COO2025
Souvik Pulakesh SenguptaNon-Exec & Non-Independent Dir2025
Aaditya ShardaNon-Exec & Non-Independent Dir2025
Atul R DesaiIndependent Non Exe. Director2025
Shan JainIndependent Non Exe. Director2025
VIJAY KUMAR SHARMAIndependent Non Exe. Director2025
Kuldip RainaManaging Director & CEO2025
Snehal Mahendra SabooCompany Sec. & Compli. Officer2025
Abhijeet JhawarAdditional Director2025
Segments — Product
SegmentRevenueShare
Manufacturing of paints₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹2201717
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500041016
2025000000
20250004712
Insider / Designated-Person Trades

30 recent disclosure(s)

Veera GuptaDisposal · 58,069
Veera GuptaDisposal · 67,000
Veera GuptaDisposal · 31,510
Veera GuptaDisposal · 90,000
Veera GuptaDisposal · 45,639
Veera GuptaDisposal · 1,49,832
Substantial Acquisitions (SAST)

3 disclosure(s)

Market17/02/2026 · 500
Market17/02/2026 · 500
Market17/02/2026 · 500
Company Information
Incorporated1902
ChairmanRajeev Uberoi
AuditorWalker Chandiok & Co LLP
Investor Email[email protected]; [email protected]
🌐 www.shalimarpaints.com ↗

📍 Stainless Centre 4th Floor, Plot No 50 Sector 32, Gurugram, Haryana, 122001

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Shah Alloys LimitedShah Metacorp - REShaily Engineering Plastics Ltd.Shaival Reality LimitedShakti Pumps (India) Ltd.Shalby LimitedShankara Building Products Ltd.Shanthala FMCG Products LimitedShanti Overseas (India) Ltd.Shanthi Gears Ltd.Shanti Gold Internation LimitedSharda Cropchem Ltd.All “S” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search

Telegram App