Shalimar Paints Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 16.74 Cr
- Company Age 122 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 340.60 Cr
- Satisfied Charges ₹ 327.41 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 three months. Its registered office is in Gurugram, Haryana, 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 2024. 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 ₹340.60 Cr. The company has closed loans amounting to ₹327.41 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 Snehal Saboo as Company Secretary. Vijay Sharma, Rajeev Uberoi, Atul Desai, and Four other members serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
Manufacturing
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 (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sachin Naik | CFO | 22-Dec-2023 | Current |
Snehal Saboo  | Company Secretary | 21-Feb-2025 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Uberoi | Director | 11-May-2021 | Current |
| Atul Desai | Director | 28-Jun-2023 | Current |
| Vijay Sharma | Director | 23-Jul-2024 | Current |
| Aaditya Sharda | Director | 11-Apr-2024 | Current |
| Souvik Sengupta | Director | 24-Feb-2022 | Current |
| Venugopal Chetlur | Whole-Time Director | 23-Jul-2024 | 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
- Profit and Loss
- Cash Flow
- Ratios
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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 Stainless Steelway LimitedVijay Sharma is a mutual person
Indian Iron And Steel Sector Skill CouncilVijay Sharma is a mutual person
Il&Fs Amc Trustee LimitedRajeev Uberoi is a mutual person
Emcer Tiles Private LimitedSouvik Sengupta is a mutual person
Charges (Loans)
Open Charges
₹340.60 Cr
Satisfied Charges
₹327.41 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 216.52 Cr
- Others : 124.08 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 |
| 15 Nov 2021 | Others | ₹35.00 Cr | Open |
| 16 Oct 2021 | State Bank Of India | ₹9.52 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.
Latest Updates, News, and FAQs on Shalimar Paints
Recent activity within the organization
- Director Appointment
Snehal Mahendra Saboo was appointed as a Company Secretary was appointed as a Company Secretary on 21 Feb 2025 & has been associated with this company since 1 month 5 days .
- Annual General Meeting
Shalimar Paints Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 19 Apr 2022 via Charge ID 100568424 with Others was fully satisfied on 09 Aug 2024.
- Director Appointment
Vijay Kumar Sharma was appointed as a Director was appointed as a Director on 23 Jul 2024 & has been associated with this company since 8 months 6 days .
- Director Appointment
Venugopal Chetlur was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Jul 2024 & has been associated with this company since 8 months 6 days .
- Charges
A charge registered on 28 Jan 2016 via Charge ID 10624542 with Religare Finvest Limited was fully satisfied on 11 Jul 2024.
Recent News, Updates & Announcement
- Shalimar Paints launches 360-degree marketing campaign, ‘Har Rang Khoobsurat’.
Leveraging radio, outdoor, digital, and BTL activations, the latest brand campaign aims to address topical issues that are often considered a taboo in the society.
- Shalimar Paints' Q4 Net Loss Increases, Shares Up by 0.48% Amid Rising Expenses and Income.
Shalimar Paints reported bigger net loss in Q4. Income increased but expenses also went up. Shares up by 0.48%. #struggleisreal #paintingainteasy.
- Shalimar Paints launch The Kahaani Project.
This is a unique campaign aimed at enhancing the beauty and preserving the heritage of Tauli Bhud, a village located near Dehradun, Uttarakhand.
Frequently asked questions
What is the Incorporation or founding date of Shalimar Paints Ltd?
Shalimar Paints Ltd was incorporated on 16 Dec 1902.
What is authorized share capital and paid-up capital of Shalimar Paints Ltd?
The authorized share capital of Shalimar Paints Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 16.74 Cr.
Who are the current board members & directors of Shalimar Paints Ltd?
Currently 9 directors are associated with Shalimar Paints Ltd.
- Vijay Kumar Sharma
- Rajeev Uberoi
- Atul Rasiklal Desai
- Aaditya Gajendra Sharda
- Souvik Pulakesh Sengupta
- Venugopal Chetlur
- Shan Jain
- Sachin Shrikant Naik
- Snehal Mahendra Saboo
What is the registered address of Shalimar Paints Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Shalimar Paints Ltd is Stainless Centre 4Th Floor Plot No. 50 Sector 32, India, Gurugram, Haryana, 122001.
What is the corporate identification number (CIN) and company number of Shalimar Paints Ltd?
The corporate identification number (CIN) of Shalimar Paints Ltd is L24222HR1902PLC065611 and the company number is 065611 as per Ministry of Corporate Affairs (MCA).
Is Shalimar Paints Ltd registered with any stock exchange in India?
Yes, Shalimar Paints Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SHALPAINTS.
What is the official website of Shalimar Paints Ltd?
The Official website of Shalimar Paints Ltd is https://www.shalimarpaints.com
What has been the recent revenue trend for Shalimar Paints Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Shalimar Paints Ltd has risen by 35.70%.
How many employees does Shalimar Paints Ltd currently have?
As Per 2023 financial reports, 665 employees are currently employed by Shalimar Paints Ltd.
What change has been observed in the net worth of Shalimar Paints Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shalimar Paints Ltd has experienced an downturn of -5.50%.
What are the total open charges for Shalimar Paints Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Shalimar Paints Ltd amount to ₹ 340.60 Cr.
When was the last Balance Sheet of Shalimar Paints Ltd filed with the ROC?
The most recent Balance Sheet for Shalimar Paints Ltd was filed with the ROC on 31 Mar 2024.
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