Shalimar Paints Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹116 Cr −13.4% YoYSee revenue, profit and what management said. You are viewing Q4 FY21.
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Shalimar Paints Ltd

Q4 FY21Consumer Durables

Shalimar Paints Q4 FY21 earnings call: Revenue & Margins

Q4 FY21 investor presentation: what the company reported on revenue, margins and capex.

Shalimar Paints Ltd Q4 FY21 key numbers

Revenue
Revenue from Operations for FY21: Rs. 325.6 Cr, down from Rs. 343.9 Cr in FY20 (approx. -5.3% YoY).

As stated in Shalimar Paints Ltd's Q4 FY21 investor presentation · published 24 Sept 2026. Reported figures, not investment advice.

Based on Shalimar Paints Ltd's Q4 FY21 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

Price₹77
Market cap₹677 Cr

The short version

Revenue from Operations for FY21: Rs. 325.6 Cr, down from Rs. 343.9 Cr in FY20 (approx. -5.3% YoY). EBITDA for FY21: Rs. 3.6 Cr (from negative Rs. -33.9 Cr in FY20), showing a significant positive turnaround.

From Shalimar Paints Ltd's Q4 FY21 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue from Operations for FY21: Rs. 325.6 Cr, down from Rs. 343.9 Cr in FY20 (approx. -5.3% YoY).
  • Volumes (KL ‘000):
  • Decorative Paints FY21: 31.1 vs 30.2 in FY20 (+2.98% YoY).
  • Industrial Paints FY21: 8.3 vs 9.6 in FY20 (-13.54% YoY).
  • The presentation notes continued focus on volume growth in Decorative and Industrial segments as part of value creation strategy.
  • Explicit outlook:
  • Strategy targets include business diversification (e.g., Sanitaryware category), market expansion, and service improvement.

2 more points from Shalimar Paints Ltd's call on revenue

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Profitability & Margins

EBITDA for FY21: Rs. 3.6 Cr (from negative Rs. -33.9 Cr in FY20), showing a significant positive turnaround.

Locked: what Shalimar Paints Ltd said on margins

Also locked on this page: fundraising, order book

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Capital Expenditure Plans

  • Page 15 outlines a pilot project launch in Himachal & Chandigarh focusing on business diversification.
  • The project feasibility and scope will be evaluated in FY22, with a decision afterwards on national-level expansion.
  • The diversification includes adding a comprehensive range in Bath Fittings & Accessories to the existing product range.
  • The overall strategy is exploratory at this pilot stage as per the information available.

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

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1Nanta Tech
Rev 1Mar 1
2Deepa Jewellers
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3
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4
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5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

Balance Sheet data shows borrowings (financial liabilities) slightly increased from Rs. 18.2 Cr (Mar-20)…

Locked: what Shalimar Paints Ltd said on fundraising

Also locked on this page: margins, order book

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Order Book & Pipeline

See what Shalimar Paints Ltd said on order book & pipeline — free account, 30 seconds.

Shalimar Paints Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹116 Cr, net loss ₹33 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Shalimar Paints Ltd Q4 FY21 results?

Revenue from Operations for FY21: Rs. 325.6 Cr, down from Rs. 343.9 Cr in FY20 (approx. -5.3% YoY). EBITDA for FY21: Rs. 3.6 Cr (from negative Rs. -33.9 Cr in FY20), showing a significant positive turnaround.

What is Shalimar Paints Ltd share price analysis?

Shalimar Paints Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹677 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shalimar Paints Ltd planning capital expenditure?

Page 15 outlines a pilot project launch in Himachal & Chandigarh focusing on business diversification.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.