Shalimar Paints Limited (NSE:SHALPAINTS) — Market Cap & Net Worth

$46.28 Million USD  · Rs4.28 Billion INR  · Rank #22173

Market Cap & Net Worth: Shalimar Paints Limited (SHALPAINTS)

Shalimar Paints Limited (NSE:SHALPAINTS) has a market capitalization of $46.28 Million (Rs4.28 Billion) as of May 2, 2026. Listed on the NSE stock exchange, this India-based company holds position #22173 globally and #1226 in its home market, demonstrating a -2.09% 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 Rs51.12 by its total outstanding shares 83711178 (83.71 Million). Analyse how efficiently does Shalimar Paints Limited generate cash to see how efficiently the company converts income to cash.

Shalimar Paints Limited Market Cap History: 2015 to 2026

Shalimar Paints Limited's market capitalization history from 2015 to 2026. Data shows change from $130.32 Million to $46.28 Million (-7.96% 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

Industry average: 0.52x Lower than industry average

Latest 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 $126.06 Million $4.03 Billion $52.53 Million 0.03x 2.40x
2017 $182.24 Million $3.49 Billion -$96.93 Million 0.05x N/A
2018 $66.22 Million $2.69 Billion -$455.55 Million 0.02x N/A
2019 $75.23 Million $2.87 Billion -$817.75 Million 0.03x N/A
2020 $81.30 Million $3.42 Billion -$381.84 Million 0.02x N/A
2021 $98.77 Million $3.24 Billion -$498.63 Million 0.03x N/A
2022 $118.23 Million $3.58 Billion -$603.51 Million 0.03x N/A
2023 $160.87 Million $4.82 Billion -$361.50 Million 0.03x N/A
2024 $114.00 Million $5.35 Billion -$738.50 Million 0.02x N/A
2025 $55.81 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 May 2, 2026.

Key companies related to Shalimar Paints Limited by market ranking:

  • Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #91 globally with a market cap of $210.18 Billion USD.
  • Air Liquide SA (PA:AI): Ranked #222 globally with a market cap of $108.00 Billion USD ( €92.38 Billion EUR).
  • AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #232 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
  • Sherwin-Williams Co (NYSE:SHW): Ranked #334 globally with a market cap of $78.83 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#91 Linde plc Ordinary Shares NASDAQ:LIN $210.18 Billion $507.92
#222 Air Liquide SA PA:AI $108.00 Billion €183.08
#232 AIR LIQUIDE ADR 1/5/EO 11 F:AILA $103.86 Billion €36.60
#334 Sherwin-Williams Co NYSE:SHW $78.83 Billion $318.00

Shalimar Paints Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Shalimar Paints Limited's market cap moved from $130.32 Million to $ 46.28 Million, with a yearly change of -7.96%.

Year Market Cap Change (%)
2026 Rs46.28 Million -17.08%
2025 Rs55.81 Million -51.04%
2024 Rs114.00 Million -29.14%
2023 Rs160.87 Million +36.06%
2022 Rs118.23 Million +19.71%
2021 Rs98.77 Million +21.49%
2020 Rs81.30 Million +8.06%
2019 Rs75.23 Million +13.60%
2018 Rs66.22 Million -63.66%
2017 Rs182.24 Million +44.56%
2016 Rs126.06 Million -3.27%
2015 Rs130.32 Million --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Shalimar Paints Limited was reported to be:

Source Market Cap
Yahoo Finance $46.28 Million USD
MoneyControl $46.28 Million USD
MarketWatch $46.28 Million USD
marketcap.company $46.28 Million USD
Reuters $46.28 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Shalimar Paints Limited

NSE:SHALPAINTS India Specialty Chemicals
Market Cap
$46.28 Million
Rs4.28 Billion INR
Market Cap Rank
#22173 Global
#1226 in India
Share Price
Rs51.12
Change (1 day)
-2.26%
52-Week Range
Rs36.08 - Rs104.89
All Time High
Rs314.25
About

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