SHALPAINTS Quarterly Results, Profit & Loss, Balance Sheet (SHALPAINTS)

SHALPAINTS quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.

Shalimar Paints Ltd (SHALPAINTS) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow

Shalimar Paints Ltd reported sales of ₹116 Cr, operating profit of ₹-23 Cr (OPM -20%) and net profit of ₹-33 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.

SHALPAINTS quarterly results (₹ Cr)
MetricDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales148178155134131156138116
Expenses164185162140142154150139
Operating Profit-16-7-8-6-112-12-23
OPM-11%-4.1%-4.9%-4.7%-8%1.3%-9%-20%
Other Income1723-4111
Interest55667655
Depreciation44555555
Profit before tax-25-10-17-14-27-8-21-33
Tax0%0%0%0%0%-6%0%0%
Net Profit-25-10-17-14-27-7-21-33
EPS in Rs-2.93-1.14-2-1.69-3.18-0.88-2.54-3.89
SHALPAINTS profit & loss, annual (₹ Cr)
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales358484535600576541
Expenses381499589657598584
Operating Profit-22-15-54-58-22-44
OPM-6%-3%-10%-10%-3.9%-8%
Other Income-378102-1
Interest221613182523
Depreciation131315162020
Profit before tax-61-36-74-81-65-88
Tax-1%0%0%0%-1%-
Net Profit-60-36-74-81-65-88
EPS in Rs-8.36-5.01-8.82-9.7-7.76-10.49
Dividend Payout0%0%0%0%0%-
SHALPAINTS balance sheet (₹ Cr)
MetricMar 2024Mar 2025Sep 2025Mar 2026Sep 2026
Equity Capital1717171717
Reserves376298268234183
Borrowings106164190165161
Other Liabilities170224214225269
Total Liabilities670702688641630
Fixed Assets275303278300218
CWIP35272900
Investments00000
Other Assets360372381341412
Total Assets670702688641630
SHALPAINTS cash flows (₹ Cr)
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-62-4818-5923
Cash from Investing Activity-6-84-51-16-1
Cash from Financing Activity225-74429-25
Net Cash Flow157-13911-46-2
Free Cash Flow-65-59-38-8413
CFO/OP275%322%-32%101%-101%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit275322-32101-101
SHALPAINTS ratios
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8081769088
Inventory Days13012011011296
Days Payable133102134161166
Cash Conversion Cycle7798524118
Working Capital Days-15830-28-75
ROCE-7%-4%-13%-13%-8%