Shalimar Paints Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 16.74 Cr
- Company Age 122 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 379.86 Cr
- Satisfied Charges ₹ 288.15 Cr
- Revenue Growth 35.70%
- Profit Growth 43.45%
- Ebitda 34.49%
- Net Worth -5.50%
- Total Assets -7.24%
About Shalimar Paints
Shalimar Paints Ltd (SPL) was founded in India on 16 December 1902 and has a glorious history of 122 years and one month. Its registered office is in Howrah, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509874 and on the National Stock Exchange(NSE) under SHALPAINTS.
The Corporate was formerly known as Shalimar Paint Colour And Varnish Company Pvt Ltd. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 16.74 Cr.
The company currently has active open charges totaling ₹379.86 Cr. The company has closed loans amounting to ₹288.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shalimar Paints Ltd India are Sachin Naik as CFO and Shikha Rastogi as Company Secretary. Sanjiv Garg, Ashok Gupta, Rajeev Uberoi, and Four other members serve as directors at the Company.
Company Details
- Location
Howrah, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24222HR1902PLC065611
- Company No.
065611
- Stock Symbol
BSE : 509874 NSE : SHALPAINTS
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Dec 1902
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
What products or services does Shalimar Paints Ltd offer?
Shalimar Paints Ltd offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Emulsion Paints, Primer, Wall Putty, Exterior Paint, Shalimar Emulsion Paints, Distemper, Acrylic Distemper Paint, Shalimar Primer, Acrylic Emulsions.
Who are the key members and board of directors at Shalimar Paints?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Gupta  | Managing Director | 10-Aug-2018 | Current |
| Sachin Naik | CFO | Current | |
| Shikha Rastogi | Company Secretary | 18-Jan-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Uberoi | Director | 11-May-2021 | Current |
| Atul Desai | Director | 28-Jun-2023 | Current |
| Abhyuday Jindal | Director | 08-Mar-2022 | Current |
| Sanjiv Garg | Director | 10-Aug-2022 | Current |
| Souvik Sengupta | Director | 24-Feb-2022 | Current |
| Shan Jain | Director | 13-Feb-2023 | Current |
Financial Performance of Shalimar Paints.
Shalimar Paints Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 35.7% increase. The company also saw a substantial improvement in profitability, with a 43.45% increase in profit. The company's net worth dipped by a decrease of 5.5%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Shalimar Paints?
In 2023, Shalimar Paints had a promoter holding of 39.93% and a public holding of 60.07%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ultrafine Mineral & Admixtures Private LimitedSouvik Sengupta is a mutual person
Neptune Readymix Concrete Private LimitedSouvik Sengupta is a mutual person
Jindal Intellicom LimitedSanjiv Garg is a mutual person
Indian Chamber Of Commerce CalcuttaAbhyuday Jindal is a mutual person
Icom Analytics LimitedSanjiv Garg is a mutual person
Il&Fs Amc Trustee LimitedRajeev Uberoi is a mutual person
Charges (Loans)
₹379.86 Cr
₹288.15 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 216.52 Cr
- Others : 144.09 Cr
- Religare Finvest Limited : 19.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2024 | Others | ₹35.00 Cr | Open |
| 28 Feb 2023 | Others | ₹20.00 Cr | Open |
| 12 Oct 2022 | Others | ₹27.00 Cr | Open |
| 19 Apr 2022 | Others | ₹20.01 Cr | Open |
| 15 Nov 2021 | Others | ₹35.00 Cr | Open |
How Many Employees Work at Shalimar Paints?
Shalimar Paints has a workforce of 665 employees as of Jun 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shalimar Paints, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shalimar Paints's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
