Shalimar Paints

Delhi, India Founded: 1902 • Age: 124 yrs Listed
Protective coatings are manufactured for industrial applications in India.
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About Shalimar Paints

Shalimar Paints is a publicly listed company based in Delhi (India) founded in 1902. Protective coatings are manufactured for industrial applications in India. It operates in the Chemicals & Materials and Real Estate & Construction sectors. The company has 633 employees. Its chief executive, as recorded, is Sandeep Sarda. Its website shalimarpaints.com draws about 15 thousand monthly visits. Its Indian entity Shalimar Paints Ltd reported revenue of ₹582 Cr. Shalimar Paints offers products and services including Hero Emulsion, ZERO Damp Advance, and Xtra Tough. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Chemicals. Similar companies include Asian Paints, Kansai Nerolac and Grauer & Weil India.

Company details

Shalimar Paints was established in 1902 as a manufacturer in the paints and coatings sector. Operations are based in Delhi, India, with a focus on producing protective coatings for various industrial uses. The company is led by key executives including Managing Director Ashok Kumar Gupta and CEO Sandeep Sarda. Products are distributed through established channels to meet sector demands across the region.

  • Headquarters Delhi, India
  • Employees 633
  • Stage Public
  • Sectors
    Chemicals & Materials
    Real Estate & Construction
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website shalimarpaints.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Shalimar Paints Ltd
Operational Areas
Chemicals & Materials → Paints, Coatings & Surface Treatments
Real Estate & Construction → Building Materials
Key Metrics
  • Market Cap
    ₹677 Cr

    SHALPAINTS · NSE

  • Share Price
    ₹79.50

    -1.69% today

  • Revenue
    ₹576 Cr

    FY 2025-26 · -4.0% YoY

  • EBITDA
    −₹27.00 Cr

    Margin -4.7%

  • Net Profit
    −₹60.35 Cr

    FY 2025-26 · +25.7% YoY

  • Debt / Equity
    0.94

    Interest cover -54.4x

  • Employee Count
    633

Products & Services of Shalimar Paints

Shalimar Paints offers a comprehensive portfolio of products and services, including Hero Emulsion, ZERO Damp Advance, and Xtra Tough.

Hero Emulsion
Wall Paint

Premium paint offering durability and aesthetic appeal for walls

ZERO Damp Advance
Waterproofing Solution

Advanced product for preventing dampness on surfaces

Xtra Tough
Coating

Durable coating for enhanced protection against wear

Apps and channels of Shalimar Paints

its YouTube channel Shalimar Paints has 1.31K subscribers and 30 videos.

Shalimar Paints
YouTube 1.31K subscribers 30 videos Science & Technology
Open channel

Videos from Shalimar Paints

The most watched videos on Shalimar Paints's YouTube channel, Shalimar Paints (1.31K subscribers). Click a video to play it here.

Shalimar Paints | Rang Desh Ka
17.7K views
Shalimar Paints Corporate Film 2016
10.6K views
SHALIMAR PAINTS TVC
7.3K views
Shalimar Paints - Happy Onam
7.2K views

More on Shalimar Paints.

Board of directors of Shalimar Paints Ltd (Shalimar Paints)

Shalimar Paints Ltd is the primary company behind Shalimar Paints. The boards of the 2 registered companies of Shalimar Paints currently have 10 directors; the longest-serving is Rajeev Uberoi, appointed in 2021. 61 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajeev Uberoi
DIN 01731829
Director11 May 20215 yrs 5 moShalimar Paints Ltd
Souvik Pulakesh Sengupta
DIN 07248395
Director24 Feb 20224 yrs 8 moShalimar Paints Ltd
Shan Jain
DIN 09661574
Director13 Feb 20233 yrs 8 moShalimar Paints Ltd
Atul Rasiklal Desai
DIN 01918187
Director28 Jun 20233 yrs 4 moShalimar Paints Ltd
Rakesh Chandra Prakash Chandra Gupta
DIN 00165382
Director12 Oct 20233 yrsShalimar Adhunik Nirman Limited
Aaditya Gajendra Sharda
DIN 07024283
Director11 Apr 20242 yrs 6 moShalimar Paints Ltd
Vijay Kumar Sharma
DIN 01468701
Director23 Jul 20242 yrs 3 moShalimar Paints Ltd
Sachin Shrikant Naik
DIN 09054552
Director19 Feb 20251 yr 8 moShalimar Adhunik Nirman Limited
Kuldip Raina
DIN 10956069
Director19 Feb 20251 yr 8 moShalimar Adhunik Nirman Limited, Shalimar Paints Ltd
Abhijeet Jhawar
DIN 11536278
Director12 May 20265 moShalimar Paints Ltd

People of Shalimar Paints

57 people are tracked at Shalimar Paints (10 in leadership, 47 in team); the tracked headcount is 633.

NameRoleGroup
Ashok Kumar Gupta
Managing DirectorLeadership
Sandeep Sarda
CEOLeadership
Ranjit Malhi
Head Of ProcurementLeadership
Suresh Nair
Vice President Industrial SalesLeadership
Mahendra Singh
Vertical HeadLeadership
Vivek Chandra Pandey
Branch HeadLeadership
Rakesh Gupta
Director Of ManufacturingLeadership
Girish Mehendale
Head R&d (decorative)technologyLeadership
C Venugopal
Chief Operating OfficerLeadership
T.r Sharma
Vice President (operations)Leadership
Jayesh Makvana
Sales ExecutiveTeam
Dilip Sharma
Regional Sales ManagerTeam
Dinesh Tiwari
Zonal Commercial ManagerTeam
Koushik Sarkar
Area Sales ManagerTeam
Mr.bhavinkumar Raval
Area Sales ManagerTeam
Prashant Kushwaha
Sales And Marketing SpecialistTeam
Pradeep Shekhawat Shekhawat_1980k
Area Sales ManagerTeam
Sachin Amilkanthwar
Area Sales ManagerTeam
Santosh Ghimire
Sales ManagerTeam
Ashish Singh
Sales ExecutiveTeam

37 more people are available in the full profile.

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Complete people profiles for Shalimar Paints

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
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IPO & Listings of Shalimar Paints

Shalimar Paints is a publicly listed company on the NSE with ticker symbol SHALPAINTS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date03 Mar 2008
  • Listed onNSE: SHALPAINTS
  • Listed entityShalimar Paints Ltd
  • Exchange sectorProcess industries
  • ISININE849C01026
  • Share price₹82.20 (+0.7% on the day) · 2026-10-14
  • Market capitalisation₹690 Cr
  • EPS (diluted, trailing year)₹-8.30
  • Volume (last session)171,729

Financials of Shalimar Paints

Exchange-reported figures of Shalimar Paints Ltd, the listed company behind Shalimar Paints (NSE: SHALPAINTS).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹576 Cr
-4.0% YoY
EBITDA
−₹27.00 Cr
+53.2% YoY
Profit After Tax
−₹60.35 Cr
+25.6% YoY
Net Worth
₹251 Cr
-20.1% YoY
Total Assets
₹423 Cr
-12.3% YoY
Total Debt
₹165 Cr
+0.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue576600535484358361382
Revenue growth-4.0%+12.1%+10.6%+35.1%-0.7%-5.5%-
EBITDA(27.00)(57.68)(54.17)(14.75)(29.80)1.63(40.57)
EBITDA margin-4.7%-9.6%-10.1%-3.1%-8.3%+0.5%-10.6%
Profit before tax(65.39)(81.17)(73.85)(36.15)(60.94)(23.79)(56.14)
Net profit(60.35)(81.17)(75.20)(36.14)(52.94)(50.06)(44.80)
Net profit margin-10.5%-13.5%-14.1%-7.5%-14.8%-13.9%-11.7%
EPS (₹)(7.76)(9.70)(8.82)(5.01)(8.36)(9.18)(7.03)
Balance sheet
Total assets423483507499524360402
Net worth251314393353351223273
Total debt165164106140168131121
Cash & bank47.0945.4756.1823.421627.704.58
Net working capital90.5213818522224655.4559.06
Cash flow
Cash from operations23.35(58.65)17.68(47.93)(61.80)15.90(9.30)
Cash from investing(0.52)(15.65)(51.35)(83.78)(5.75)(4.94)(27.90)
Cash from financing(24.71)28.5644.24(6.87)225(11.12)(45.76)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue116138156131134155178148
Revenue growth (YoY)-13.6%-10.9%-12.3%-11.6%-7.6%+20.4%--
Other income0.770.890.880.773.311.566.760.83
EBITDA(22.97)(12.17)2.08(15.19)(6.26)(7.63)(7.35)(15.89)
EBITDA margin-19.9%-8.8%+1.3%-11.6%-4.7%-4.9%-4.1%-10.7%
Depreciation5.065.075.145.184.704.554.064.09
Interest5.294.915.657.056.496.154.875.41
Profit before tax(32.55)(21.26)(7.83)(26.65)(14.14)(16.77)(9.52)(24.56)
Tax0.000.00(0.44)0.000.000.000.000.00
Net profit(32.55)(21.26)(7.39)(26.65)(14.14)(16.77)(9.52)(24.56)
EPS (₹)(3.89)(2.54)(0.88)(3.18)(1.69)(1.99)(1.14)(2.93)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue569599535484358361382
Revenue growth-5.0%+12.0%+10.6%+35.1%-0.7%-5.5%-
EBITDA(25.41)(56.67)(54.14)(14.72)(29.81)1.63(40.57)
EBITDA margin-4.5%-9.5%-10.1%-3.0%-8.3%+0.5%-10.6%
Profit before tax(63.34)(80.11)(73.75)(36.10)(60.56)(23.42)(55.85)
Net profit(58.74)(80.11)(75.10)(36.09)(52.56)(49.72)(44.87)
Net profit margin-10.3%-13.4%-14.0%-7.5%-14.7%-13.8%-11.8%
EPS (₹)(7.57)(9.57)(8.81)(5.00)(8.30)(9.12)(6.98)
Balance sheet
Total assets410468491483508344386
Net worth238299377337335207256
Total debt165164106140168131122
Cash & bank47.0345.4156.1323.371627.634.51
Net working capital95.4613918522224655.4059.60
Cash flow
Cash from operations26.97(58.63)17.72(47.92)(61.48)15.61(9.55)
Cash from investing(4.23)(14.43)(51.39)(83.78)(6.13)(4.65)(27.65)
Cash from financing(24.62)27.3144.24(6.87)225(11.12)(45.76)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue115136153130132153178148
Revenue growth (YoY)-13.3%-11.3%-13.9%-12.0%-8.7%+19.6%--
Other income0.981.061.150.833.321.566.760.83
Total expenses137148150146138161185163
EBITDA(22.65)(11.89)3.38(15.24)(6.00)(7.54)(7.35)(15.33)
EBITDA margin-19.8%-8.7%+2.2%-11.7%-4.5%-4.9%-4.1%-10.3%
Depreciation5.045.075.135.174.704.534.054.07
Interest5.284.885.587.046.496.154.875.41
Profit before tax(31.99)(20.78)(6.18)(26.62)(13.87)(16.66)(9.51)(23.98)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue116138156131134155178148
Revenue growth (YoY)-13.6%-10.9%-12.3%-11.6%-7.6%+20.4%--
Other income0.770.890.880.773.311.566.760.83
EBITDA(22.97)(12.17)2.08(15.19)(6.26)(7.63)(7.35)(15.89)
EBITDA margin-19.9%-8.8%+1.3%-11.6%-4.7%-4.9%-4.1%-10.7%
Depreciation5.065.075.145.184.704.554.064.09
Interest5.294.915.657.056.496.154.875.41
Profit before tax(32.55)(21.26)(7.83)(26.65)(14.14)(16.77)(9.52)(24.56)
Tax0.000.00(0.44)0.000.000.000.000.00
Net profit(32.55)(21.26)(7.39)(26.65)(14.14)(16.77)(9.52)(24.56)
EPS (₹)(3.89)(2.54)(0.88)(3.18)(1.69)(1.99)(1.14)(2.93)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue576600535484358361382
Revenue growth-4.0%+12.1%+10.6%+35.1%-0.7%-5.5%-
Other income6.529.848.127.214.546.9315.13
Total expenses603657589499388359422
Employee cost68.4979.9877.1153.8841.4836.1648.68
EBITDA(27.00)(57.68)(54.17)(14.75)(29.80)1.63(40.57)
EBITDA margin-4.7%-9.6%-10.1%-3.1%-8.3%+0.5%-10.6%
Depreciation19.5715.7814.8412.7113.4013.3210.85
Interest25.3417.5512.9615.9022.2819.0319.85
Profit before tax(65.39)(81.17)(73.85)(36.15)(60.94)(23.79)(56.14)
Tax(0.44)0.000.000.00(0.59)26.08(17.97)
Net profit(60.35)(81.17)(75.20)(36.14)(52.94)(50.06)(44.80)
Net profit margin-10.5%-13.5%-14.1%-7.5%-14.8%-13.9%-11.7%
EPS (₹)(7.76)(9.70)(8.82)(5.01)(8.36)(9.18)(7.03)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.7416.7416.7414.4414.4410.8610.86
Reserves & surplus234298376298336212262
Shareholders' funds (net worth)251314393353351223273
Minority interest0.000.000.000.000.000.000.00
Secured loans13613891.9047.2472.94111104
Unsecured loans28.5125.7013.9892.8394.6820.1516.91
Total debt165164106140168131121
Total liabilities423483507499524360402
Assets
Gross block406398355345336331329
Net block300303275272276283295
Capital work in progress0.1426.5834.941.710.170.350.10
Investments0.000.000.000.000.000.000.00
Inventories10213411611795.3388.8186.62
Sundry debtors13814711110878.4979.6971.50
Cash & bank balances47.0945.4756.1823.421627.704.58
Loans & advances17.9828.0861.4099.7029.7824.6130.90
Total current assets306355345347366201194
Total current liabilities215217160126120145135
Net working capital90.5213818522224655.4559.06
Total assets423483507499524360402
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash(23.83)21.9111.341602.652.8185.76
Net cash from operating activities23.35(58.65)17.68(47.93)(61.80)15.90(9.30)
Net cash from investing activities(0.52)(15.65)(51.35)(83.78)(5.75)(4.94)(27.90)
Net cash from financing activities(24.71)28.5644.24(6.87)225(11.12)(45.76)
Net change in cash(1.88)(45.74)10.57(139)157(0.16)(82.95)
Closing cash47.0945.4756.1823.421627.704.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-4.0%+12.1%+10.6%+35.1%-0.7%-5.5%-
EBITDA growth+53.2%-6.5%-267.3%+50.5%-1928.2%+104.0%-
PBT growth+19.4%-9.9%-104.3%+40.7%-156.2%+57.6%+48.6%
Net income growth+25.7%-7.9%-108.1%+31.7%-5.8%-11.7%-
Revenue CAGR (3Y)+6.0%+18.8%+14.0%+8.2%+3.7%+5.6%+3.0%
EBITDA CAGR (3Y)+22.3%+24.6%--28.6%-27.3%--
Profitability & leverage
Net income margin-11.3%-13.5%-13.8%-7.5%-16.9%-13.8%-10.0%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.940.550.470.520.520.510.48
Long-term debt / equity0.080.120.220.280.190.090.07
Interest cover-54.41-23.89-18.78-57.90-51.57-162.79-38.60
Efficiency & per share
Fixed asset turnover1.962.242.211.691.071.091.27
Inventory turnover4.874.784.594.563.894.114.83
Debtors turnover4.034.654.905.204.534.774.48
EPS (₹)(7.76)(9.70)(8.82)(5.01)(8.36)(9.18)(7.03)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)17.0224.5633.9928.2748.5741.0850.25
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue115136153130132153178148
Revenue growth (YoY)-13.3%-11.3%-13.9%-12.0%-8.7%+19.6%--
Other income0.981.061.150.833.321.566.760.83
Total expenses137148150146138161185163
EBITDA(22.65)(11.89)3.38(15.24)(6.00)(7.54)(7.35)(15.33)
EBITDA margin-19.8%-8.7%+2.2%-11.7%-4.5%-4.9%-4.1%-10.3%
Depreciation5.045.075.135.174.704.534.054.07
Interest5.284.885.587.046.496.154.875.41
Profit before tax(31.99)(20.78)(6.18)(26.62)(13.87)(16.66)(9.51)(23.98)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue569599535484358361382
Revenue growth-5.0%+12.0%+10.6%+35.1%-0.7%-5.5%-
Other income6.869.868.177.214.937.2815.41
Total expenses594656589499388359422
Employee cost67.0479.2877.1153.8741.4836.1648.68
EBITDA(25.41)(56.67)(54.14)(14.72)(29.81)1.63(40.57)
EBITDA margin-4.5%-9.5%-10.1%-3.0%-8.3%+0.5%-10.6%
Depreciation19.5315.7514.8212.6913.3813.3010.84
Interest25.2617.5512.9615.9022.3019.0319.85
Profit before tax(63.34)(80.11)(73.75)(36.10)(60.56)(23.42)(55.85)
Tax0.000.000.000.00(0.59)26.08(17.97)
Net profit(58.74)(80.11)(75.10)(36.09)(52.56)(49.72)(44.87)
Net profit margin-10.3%-13.4%-14.0%-7.5%-14.7%-13.8%-11.8%
EPS (₹)(7.57)(9.57)(8.81)(5.00)(8.30)(9.12)(6.98)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.7416.7416.7414.4414.4410.8610.86
Reserves & surplus221282361282320196246
Shareholders' funds (net worth)238299377337335207256
Secured loans13613891.9047.2472.94111104
Unsecured loans28.5125.7013.9892.8394.6820.1517.50
Total debt165164106140168131122
Total liabilities410468491483508344386
Assets
Gross block406371328318309304302
Net block300276248245248256267
Capital work in progress0.1426.5834.941.710.170.350.10
Investments6.978.908.885.875.860.860.82
Inventories10213411611795.3488.8186.62
Sundry debtors13514811110878.4979.6971.50
Cash & bank balances47.0345.4156.1323.371627.634.51
Loans & advances22.8328.0861.4099.7029.7724.6030.89
Total current assets307355345347366201194
Total current liabilities212216160126120145134
Net working capital95.4613918522224655.4059.60
Total assets410468491483508344386
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash(23.89)21.8611.291602.652.7585.71
Net cash from operating activities26.97(58.63)17.72(47.92)(61.48)15.61(9.55)
Net cash from investing activities(4.23)(14.43)(51.39)(83.78)(6.13)(4.65)(27.65)
Net cash from financing activities(24.62)27.3144.24(6.87)225(11.12)(45.76)
Net change in cash(1.88)(45.75)10.57(139)157(0.16)(82.95)
Closing cash47.0345.4156.1323.371627.634.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-5.0%+12.0%+10.6%+35.1%-0.7%-5.5%-
EBITDA growth+55.2%-4.7%-267.8%+50.6%-1928.8%+104.0%-
PBT growth+20.9%-8.6%-104.3%+40.4%-158.6%+58.1%+48.7%
Net income growth+26.7%-6.7%-108.1%+31.3%-5.7%-10.8%-
Revenue CAGR (3Y)+5.6%+18.7%+14.0%+8.2%+3.7%+5.6%+3.0%
EBITDA CAGR (3Y)+20.0%+23.9%--28.7%-27.2%--
Profitability & leverage
Net income margin-11.1%-13.4%-13.8%-7.5%-16.7%-13.7%-9.9%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity1.030.590.500.550.550.540.50
Long-term debt / equity0.090.130.230.300.200.090.07
Interest cover-56.21-24.23-18.79-58.01-51.63-163.07-38.61
Efficiency & per share
Fixed asset turnover2.032.492.501.871.171.191.40
Inventory turnover4.824.694.494.563.894.114.83
Debtors turnover4.024.654.925.204.534.774.48
EPS (₹)(7.57)(9.57)(8.81)(5.00)(8.30)(9.12)(6.98)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)15.4122.7632.1026.0646.3738.1247.22

Similar companies to Shalimar Paints

Shalimar Paints has 3 listed similar companies in our database. They include Asian Paints, Kansai Nerolac and Grauer & Weil India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Asian Paints
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Industrial and decorative paints are manufactured along with related solutions.
Kansai Nerolac
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Industrial and decorative paints are manufactured by Kansai Nerolac.
Grauer & Weil India
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Electroplating chemicals, paints, and equipment are manufactured by the company.
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Web traffic of Shalimar Paints

The website of Shalimar Paints (shalimarpaints.com) receives about 15.3K visits a month.

  • Monthly visits
    15.3K

    ▲ 39.3% vs previous month

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Top companies in Paints, Coatings & Surface Treatments

3 companies that operate in the same segment as Shalimar Paints (Paints, Coatings & Surface Treatments) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Indigo Paints
Manufacturer of paints
2000Pune, Maharashtra, IndiaUSD 23.11 MUSD 149.43 M1,850
Asian Paints
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, IndiaUSD 3.79 B33,600
Kansai Nerolac
Industrial and decorative paints are manufactured by Kansai Nerolac.
1920Mumbai, Maharashtra, IndiaUSD 858.2 M10,570
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Related news about Shalimar Paints

NSE finds some investors ineligible for Shalimar Paints and Infra.Market share-swap deal
Moneycontrol • 1 month ago
Shalimar Paints' 20% spike days before Hella Infra share-swap disclosure risks regulatory scrutiny
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Why Infra.Market Is Piggybacking Shalimar Paints For Its IPO Ambitions
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Infra.Market eyes backdoor market entry via Shalimar Paints share swap deal
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Shalimar Paints board clears reverse merger with Infra.Market parent - CNBC TV18
CNBCTV18 • 2 months ago
Shalimar Paints approves reverse merger with Infra.Market; proposes Rs 1,000 crore QIP
Moneycontrol • 2 months ago
Accel-backed B2B unicorn Infra Market to reverse list via merger with Shalimar Paints - The Economic Times
Economic Times • 2 months ago
Infra.Market may go public through reverse merger with Shalimar Paints
Entrackr • 2 months ago
IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In ₹10,545 Cr Deal
Inc42 • 2 months ago
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Frequently Asked Questions about Shalimar Paints

Shalimar Paints was founded in 1902.

Shalimar Paints is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Sandeep Sarda is the CEO of Shalimar Paints, as recorded in our data.

Shalimar Paints has 633 employees.

The primary company behind Shalimar Paints, Shalimar Paints Ltd, reported revenue of ₹582 Cr for FY 2026, down 4% year on year.

Shalimar Paints was established in 1902 as a manufacturer in the paints and coatings sector. Operations are based in Delhi, India, with a focus on producing protective coatings for various industrial uses. The company is led by key executives including Managing Director Ashok Kumar Gupta and CEO Sandeep Sarda. Products are distributed through established channels to meet sector demands across the region.

Shalimar Paints's top competitors include Asian Paints, Kansai Nerolac and Grauer & Weil India.

Shalimar Paints offers Hero Emulsion, ZERO Damp Advance, and Xtra Tough.

Yes, Shalimar Paints is publicly traded on NSE under the ticker symbol SHALPAINTS.

Shalimar Paints is associated with 2 legal entities: Shalimar Paints Ltd, Shalimar Adhunik Nirman Limited.

The legal entities of Shalimar Paints currently have 11 directors, including Sachin Shrikant Naik, Rakesh Chandra Prakash Chandra Gupta, Kuldip Raina and others.

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