SHALIM PAINTS LTD (SHALPAINTS)

NSE: ₹50.09
BSE: ₹50.22
Stock Performance
Corporate Announcements
Announcement under Regulation 30 (LODR)-Credit Rating

We wish to inform you that, the credit rating agency viz. CARE Ratings Limited has released an update on Company's Facilities/Instruments enclosed herewith for your records.

2026-06-03 12:30:22
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

This is to inform you that, Mr. Sachin Naik has tendered his resignation from the position of Chief Financial Officer of the Company w.e.f close of business hours on Saturday, May 30, 2026, due to better career opportunities and professional growth prospects.

2026-05-30 20:01:51
Announcement under Regulation 30 (LODR)-Change in Management

This is to inform you that, Mr. Sachin Naik has tendered his resignation from the position of Chief Financial Officer of the Company w.e.f close of business hours on Saturday, May 30, 2026, due to better career opportunities and professional growth prospects.

2026-05-30 19:30:20
Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, May 28, 2026

Please find attached Outcome of Board Meeting held on May 28, 2026, towards adoption of Audited Financial Results for the Quarter and Year ended March 31, 2026.

2026-05-28 16:59:03
Financial Results For The Quarter And Year Ended On March 31, 2026

Please find attached Financial Results for the Quarter and Year ended on March 31, 2026

2026-05-28 16:43:52
Board Meeting Intimation for Adoption Of Audited Financial Statements (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2026

Audited Financial Statements (Standalone and Consolidated) for the Quarter and Year ended March 31, 2026.

2026-05-22 11:35:13
Announcement under Regulation 30 (LODR)-Newspaper Publication

Please find attached Newspaper publications towards dispatch of Postal Ballot Notice.

2026-05-15 12:13:51
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

Please find attached Notice of Postal Ballot.

2026-05-14 15:59:54
Announcement under Regulation 30 (LODR)-Change in Management

We wish to inform you that, the Board of Directors vide circular resolution passed today i.e May 11, 2026, had approved the appointment of Mr. Abhijeet Jhawar as an Additional Director (Non-Executive Non-Independent Director) on the Board of Directors of the Company w.e.f May 12, 2026.

2026-05-11 16:03:19
Announcement under Regulation 30 (LODR)-Change in Directorate

We wish to inform you that, the Board of Directors vide circular resolution passed today i.e May 11, 2026, had approved: 1. Re-appointment of Mr. Atul Rasiklal Desai as an Independent Director of the Company for a second term of 3 years commencing from June 28, 2026, to June 27, 2029, and 2. Appointment of Mr. Abhijeet Jhawar as an Additional Director (Non-Executive Non-Independent Director) w.e.f May 12, 2026

2026-05-11 15:53:17

Quarterly Financials

Consolidated Standalone
Particulars Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 125.63 119.14 145.88 144.26 128.33 144.74 148.16 177.83 153.46 133.81 131.33 155.93
YOY Revenue Growth % 14.31% 7.64% 13.02% 6.21% 2.15% 21.49% 1.56% 23.27% 19.58% -7.55% -11.36% -12.32%
Other Income 1.61 2.27 1.60 2.64 0.86 1.39 0.83 6.76 1.56 3.31 0.77 0.88
Total Income 127.24 121.41 147.48 146.90 129.19 146.13 148.99 184.59 155.02 137.12 132.10 156.81
Total Expenses + 137.51 147.03 159.02 173.32 156.23 165.75 172.97 194.11 171.69 151.26 154.15 164.64
Cost of Materials Consumed 87.23 78.45 101.84 95.25 97.29 101.60 75.90 117.46 88.12 72.71 77.04 83.70
Employee Benefit Expense 17.23 19.09 19.35 21.10 22.16 19.86 19.97 17.29 19.17 17.68 17.21 14.12
Other Expenses 27.19 29.43 32.92 35.01 33.93 31.94 34.90 40.28 35.80 33.71 34.74 38.61
Operating Profit -11.88 -27.89 -13.14 -29.06 -27.90 -21.01 -24.81 -16.28 -18.23 -17.45 -22.82 -8.71
OPM % -9.5% -23.4% -9% -20.1% -21.7% -14.5% -16.7% -9.2% -11.9% -13% -17.4% -5.6%
Profit Before Tax + -10.27 -25.62 -11.54 -26.42 -27.04 -19.62 -23.98 -9.52 -16.67 -14.14 -26.65 -7.83
Tax Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.44
Tax % - - - - - - - - - - - -
Profit After Tax -10.27 -25.62 -11.54 -26.42 -27.04 -19.62 -23.98 -9.52 -16.67 -14.14 -26.65 -7.39
EPS (Basic) -1.42 -3.55 -1.40 -3.16 -3.23 -2.34 -2.86 -1.14 -1.99 -1.69 -3.18 -0.88

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020
Revenue from Operations 575.63 599.06 534.91 485.55 358.10 325.56 343.85
YOY Revenue Growth % -3.91% 11.99% 10.17% 35.59% 10% -5.32% -
Other Income 6.52 9.84 8.12 7.21 4.63 7.19 1.13
Total Income 582.15 608.90 543.03 492.76 362.73 332.75 344.98
Total Expenses + 642.94 689.06 616.88 528.91 416.21 354.54 363.68
Cost of Materials Consumed 321.57 392.25 362.77 345.56 252.51 198.43 218.58
Employee Benefit Expense 68.49 79.28 77.11 53.43 41.48 36.71 48.68
Other Expenses 142.90 141.05 124.21 90.27 70.58 62.52 96.42
Operating Profit -67.31 -90.00 -81.97 -43.36 -58.11 -28.98 -19.83
OPM % -11.7% -15% -15.3% -8.9% -16.2% -8.9% -5.8%
Profit Before Exceptional -60.79 -80.16 -73.85 -36.15 -53.48 -21.79 -63.10
Exceptional Items -4.60 0.00 0.00 0.00 -10.76 -2.00 6.95
Profit Before Tax + -65.39 -80.16 -73.85 -36.15 -64.24 -23.79 -56.15
Tax Expense -0.44 0.00 0.00 0.00 0.00 26.08 -17.97
Tax % - - - - - - -
Profit After Tax -64.95 -80.16 -73.85 -36.15 -64.24 -49.87 -38.18
EPS (Basic) -7.76 -9.58 -9.52 -5.01 -11.46 -10.86 -7.03

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020
ASSETS
Non-Current Assets + 307.88 346.99 324.61 278.25 296.61 305.21 0.00
Property, Plant & Equipment 293.74 299.08 271.85 268.78 270.71 278.42 0.00
Capital Work in Progress 0.01 26.27 33.67 1.71 0.17 0.28 0.00
Non-Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Goodwill 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Intangible Assets 3.19 4.21 2.89 3.34 4.13 4.59 0.00
Current Assets + 332.68 355.29 344.95 345.42 371.58 197.73 0.00
Inventories 102.14 133.87 116.48 113.58 97.34 88.81 0.00
Trade Receivables 138.34 147.87 109.85 107.52 78.49 77.72 0.00
Cash and Cash Equivalents 7.14 7.06 50.35 21.21 164.61 2.65 0.00
Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LIABILITIES & EQUITY
Total Equity 251.18 314.98 393.18 352.55 371.92 223.07 0.00
Equity Share Capital 16.74 16.74 16.74 14.44 14.44 10.86 0.00
Other Equity 234.44 298.24 376.44 338.11 357.48 212.21 0.00
Non-Current Liabilities 13.41 32.39 32.13 23.57 93.95 30.54 0.00
Current Liabilities 375.97 354.91 244.25 247.55 202.32 249.33 0.00
Total Liabilities 389.38 387.30 276.38 271.12 296.27 279.87 0.00

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020
Cash from Operating Activities 31.40 -58.61 17.68 -47.93 -40.32 3.12 0.00
Cash from Investing Activities -9.21 -14.44 -51.35 -83.78 -3.28 0.30 0.00
Cash from Financing Activities -24.07 27.31 62.81 -6.87 205.56 31.19 0.00
Net Increase/Decrease in Cash -1.88 -45.74 29.14 -138.58 161.96 34.61 0.00