Shalimar Paints Limited
Shalimar Paints Limited engages in the manufacture and sale of paints and coatings in India and internationally. It provides decorative paints for interior and exterior surfaces, concrete, plasters, metals; fibre reinforced elastomeric coating; undercoat and topcoat for metal and wood; and marine coatings. The company also offers emulsions, enamels, distemper, primer, epoxy, aluminum, and zinc ri… Read more
Market Cap & Net Worth: Shalimar Paints Limited (SHALPAINTS)
Shalimar Paints Limited (NSE:SHALPAINTS) has a market capitalization of $44.93 Million (₹3.89 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #28130 globally and #1516 in its home market, demonstrating a -8.23% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shalimar Paints Limited's stock price ₹46.48 by its total outstanding shares 83711178 (83.71 Million).
Shalimar Paints Limited Market Cap History: 2015 to 2026
Shalimar Paints Limited's market capitalization history from 2015 to 2026. Data shows change from $139.14 Million to $44.93 Million (-8.88% CAGR).
Shalimar Paints Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shalimar Paints Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.01x
Shalimar Paints Limited's market cap is 0.01 times its annual revenue
0.59x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $134.60 Million | $4.03 Billion | $52.53 Million | 0.03x | 2.56x |
| 2017 | $194.58 Million | $3.49 Billion | -$96.93 Million | 0.06x | N/A |
| 2018 | $70.71 Million | $2.69 Billion | -$455.55 Million | 0.03x | N/A |
| 2019 | $80.32 Million | $2.87 Billion | -$817.75 Million | 0.03x | N/A |
| 2020 | $86.80 Million | $3.42 Billion | -$381.84 Million | 0.03x | N/A |
| 2021 | $105.46 Million | $3.24 Billion | -$498.63 Million | 0.03x | N/A |
| 2022 | $126.24 Million | $3.58 Billion | -$603.51 Million | 0.04x | N/A |
| 2023 | $171.76 Million | $4.82 Billion | -$361.50 Million | 0.04x | N/A |
| 2024 | $121.71 Million | $5.35 Billion | -$738.50 Million | 0.02x | N/A |
| 2025 | $59.59 Million | $5.99 Billion | -$801.60 Million | 0.01x | N/A |
Competitor Companies of SHALPAINTS by Market Capitalization
Companies near Shalimar Paints Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Shalimar Paints Limited by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #71 globally with a market cap of $210.18 Billion USD.
- L'Air Liquide S.A (PINK:AIQUF): Ranked #182 globally with a market cap of $107.70 Billion USD.
- Air Liquide SA (PA:AI): Ranked #200 globally with a market cap of $99.38 Billion USD ( €96.82 Billion EUR).
- Ecolab Inc (NYSE:ECL): Ranked #266 globally with a market cap of $77.81 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #71 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $494.05 |
| #182 | L'Air Liquide S.A | PINK:AIQUF | $107.70 Billion | $187.03 |
| #200 | Air Liquide SA | PA:AI | $99.38 Billion | €172.22 |
| #266 | Ecolab Inc | NYSE:ECL | $77.81 Billion | $272.59 |
Shalimar Paints Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Shalimar Paints Limited's market cap moved from $139.14 Million to $ 44.93 Million, with a yearly change of -8.88%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹44.93 Million | -24.61% |
| 2025 | ₹59.59 Million | -51.04% |
| 2024 | ₹121.71 Million | -29.14% |
| 2023 | ₹171.76 Million | +36.06% |
| 2022 | ₹126.24 Million | +19.71% |
| 2021 | ₹105.46 Million | +21.49% |
| 2020 | ₹86.80 Million | +8.06% |
| 2019 | ₹80.32 Million | +13.60% |
| 2018 | ₹70.71 Million | -63.66% |
| 2017 | ₹194.58 Million | +44.56% |
| 2016 | ₹134.60 Million | -3.27% |
| 2015 | ₹139.14 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Shalimar Paints Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $44.93 Million USD |
| MoneyControl | $44.93 Million USD |
| MarketWatch | $44.93 Million USD |
| marketcap.company | $44.93 Million USD |
| Reuters | $44.93 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.