About
About Shalimar Paints Limited
Shalimar Paints Limited engages in the manufacturing and marketing of paints and coatings in India, Nepal, the United Arab Emirates, Bhutan, Seychelles, and internationally. The company offers decorative paints; and industrial paints, including protective, can, and pipeline coatings. It also provides apply supply services; and services in heavy machinery, truck body, agricultural machinery, frp components, auto parts, metal door, construction equipment, industrial equipment, and others. In addition, the company offers interior, exterior, metal, wood, floor, waterproofing paint products; ancillary, such as magic brush, magic roller, magic dry sandpaper, magic wet and dry sandpaper, magic masking tape, and magic spray paint; and protective, packaging, and marine coatings. It offers its products under the Magic, Mela, Color Space, Hero, Zero Damp, Superlac, and Shalimar brand names. Shalimar Paints Limited was incorporated in 1902 and is based in Thane, India. Shalimar Paints Limited operates as a subsidiary of Hella Infra Market Limited.
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5 years, 6 months ago
Shalimar Paints Limited is currently in a long term uptrend where the price is trading 22.3% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.7.
Shalimar Paints Limited's total revenue sank by 0.8% to $925M since the same quarter in the previous year.
Its net income has dropped by 34.9% to $-70M since the same quarter in the previous year.
Finally, its free cash flow grew by 94.1% to $-23M since the same quarter in the previous year.
Based on the above factors, Shalimar Paints Limited gets an overall score of 3/5.