Shalimar Paints Limited (SHALPAINTS) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.010x

Based on the latest financial reports, Shalimar Paints Limited (SHALPAINTS) has a cash flow conversion efficiency ratio of -0.010x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs-27.80 Million ≈ $-300.65K USD) by net assets (Rs2.84 Billion ≈ $30.76 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See SHALPAINTS defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Shalimar Paints Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Shalimar Paints Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Shalimar Paints Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shalimar Paints Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Avax One Technology Ltd. NASDAQ:AVX	-0.048x
Moberg Pharma AB (publ) ST:MOB	0.002x
Gaia Inc NASDAQ:GAIA	0.015x
The Generation Essentials Group NYSE:TGE	-0.002x
NexLiving Communities Inc V:NXLV	0.019x
Sigong Tech Co. Ltd KQ:020710	-0.056x
MODULIGHT OY EO 1 F:78W	0.019x
Talphera Inc. NASDAQ:TLPH	-0.143x

Annual Cash Flow Conversion Efficiency for Shalimar Paints Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Shalimar Paints Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Shalimar Paints Limited.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs3.15 Billion ≈ $34.06 Million	Rs-723.20 Million ≈ $-7.82 Million	-0.230x	-610.60%
2024-03-31	Rs3.93 Billion ≈ $42.52 Million	Rs176.80 Million ≈ $1.91 Million	0.045x	+133.08%
2023-03-31	Rs3.53 Billion ≈ $38.13 Million	Rs-479.30 Million ≈ $-5.18 Million	-0.136x	+22.84%
2022-03-31	Rs3.51 Billion ≈ $37.94 Million	Rs-618.05 Million ≈ $-6.68 Million	-0.176x	-347.15%
2021-03-31	Rs2.23 Billion ≈ $24.12 Million	Rs159.02 Million ≈ $1.72 Million	0.071x	+309.25%
2020-03-31	Rs2.73 Billion ≈ $29.51 Million	Rs-92.96 Million ≈ $-1.01 Million	-0.034x	+88.93%
2019-03-31	Rs3.05 Billion ≈ $33.02 Million	Rs-939.87 Million ≈ $-10.16 Million	-0.308x	-218.60%
2018-03-31	Rs1.38 Billion ≈ $14.93 Million	Rs358.31 Million ≈ $3.87 Million	0.260x	+38.86%
2017-03-31	Rs1.84 Billion ≈ $19.88 Million	Rs343.62 Million ≈ $3.72 Million	0.187x	-46.58%
2016-03-31	Rs660.51 Million ≈ $7.14 Million	Rs231.13 Million ≈ $2.50 Million	0.350x	-43.24%
2015-03-31	Rs615.79 Million ≈ $6.66 Million	Rs379.62 Million ≈ $4.11 Million	0.616x	+337.22%
2014-03-31	Rs732.66 Million ≈ $7.92 Million	Rs103.31 Million ≈ $1.12 Million	0.141x	-58.74%
2013-03-31	Rs750.07 Million ≈ $8.11 Million	Rs256.31 Million ≈ $2.77 Million	0.342x	+90.35%
2012-03-31	Rs637.24 Million ≈ $6.89 Million	Rs114.40 Million ≈ $1.24 Million	0.180x	+311.71%
2011-03-31	Rs537.09 Million ≈ $5.81 Million	Rs-45.54 Million ≈ $-492.53K	-0.085x	-116.27%
2010-03-31	Rs456.32 Million ≈ $4.93 Million	Rs237.89 Million ≈ $2.57 Million	0.521x	+6.36%
2009-03-31	Rs390.82 Million ≈ $4.23 Million	Rs191.57 Million ≈ $2.07 Million	0.490x	+19.88%
2008-03-31	Rs369.81 Million ≈ $4.00 Million	Rs151.21 Million ≈ $1.64 Million	0.409x	+486.10%
2007-03-31	Rs306.80 Million ≈ $3.32 Million	Rs21.40 Million ≈ $231.48K	0.070x	+170.97%
2006-03-31	Rs283.37 Million ≈ $3.06 Million	Rs-27.86 Million ≈ $-301.26K	-0.098x	+4.84%
2005-03-31	Rs266.29 Million ≈ $2.88 Million	Rs-27.51 Million ≈ $-297.50K	-0.103x	--

About Shalimar Paints Limited

NSE:SHALPAINTS India Specialty Chemicals

Market Cap

$46.97 Million

Rs4.34 Billion INR

Market Cap Rank

#22107 Global

#1234 in India

Share Price

Rs51.88

Change (1 day)

-3.68%

52-Week Range

Rs36.08 - Rs98.52

All Time High

Rs314.25