{"id":149599,"date":"2026-07-14T12:23:22","date_gmt":"2026-07-14T06:53:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=149599"},"modified":"2026-07-14T12:23:23","modified_gmt":"2026-07-14T06:53:23","slug":"shalimar-paints-share-price-forecast-next-3-years","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/","title":{"rendered":"Where Is Shalimar Paints Share Price Headed Over the Next 3 Years?"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Shalimar Paints share price Rs 50.9 (10 July 2026). 52W high Rs 99, low Rs 34.4. Market cap Rs 426 Cr. 2030 scenario range Rs 63 to Rs 105.<\/em><\/p>\n<p>The <a href=\"https:\/\/univest.in\/user\/stocks\/shalpaints\/shalimar-paints-ltd-share-price-today\">Shalimar Paints<\/a> share price forecast for the next 3 years is a question on many investors&#8217; minds as the stock trades at Rs 50.9 on 10 July 2026, within a 52 week range of Rs 34.4 to Rs 99. This article lays out a scenario based Shalimar Paints share price outlook for 2027, 2028 and 2030, built on the company&#8217;s fundamentals, sector trends and the key risks that could change the trajectory. Rather than a single number, the focus here is on the range of outcomes and the assumptions behind each one.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=shalimar-paints-forecast-3yr\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Shalimar_Paints_Company_Overview\" title=\"Shalimar Paints Company Overview\">Shalimar Paints Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Where_Does_Shalimar_Paints_Share_Price_Stand_Today\" title=\"Where Does Shalimar Paints Share Price Stand Today?\">Where Does Shalimar Paints Share Price Stand Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Shalimar_Paints_Share_Price_Forecast_Key_Growth_Drivers_for_the_Next_3_Years\" title=\"Shalimar Paints Share Price Forecast: Key Growth Drivers for the Next 3 Years\">Shalimar Paints Share Price Forecast: Key Growth Drivers for the Next 3 Years<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Earnings_Trajectory_and_Return_Ratios\" title=\"Earnings Trajectory and Return Ratios\">Earnings Trajectory and Return Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Paints_and_Home_Improvement_Demand\" title=\"Paints and Home Improvement Demand\">Paints and Home Improvement Demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Company_Specific_Catalysts\" title=\"Company Specific Catalysts\">Company Specific Catalysts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Macro_Environment_and_Liquidity\" title=\"Macro Environment and Liquidity\">Macro Environment and Liquidity<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Shalimar_Paints_Share_Price_Forecast_2027_2028_and_2030_Scenario_Analysis\" title=\"Shalimar Paints Share Price Forecast 2027, 2028 and 2030: Scenario Analysis\">Shalimar Paints Share Price Forecast 2027, 2028 and 2030: Scenario Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Bull_Case_vs_Bear_Case_for_Shalimar_Paints_Share_Price\" title=\"Bull Case vs Bear Case for Shalimar Paints Share Price\">Bull Case vs Bear Case for Shalimar Paints Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#The_Bull_Case\" title=\"The Bull Case\">The Bull Case<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#The_Bear_Case\" title=\"The Bear Case\">The Bear Case<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Key_Risks_That_Could_Change_the_Shalimar_Paints_Share_Price_Outlook\" title=\"Key Risks That Could Change the Shalimar Paints Share Price Outlook\">Key Risks That Could Change the Shalimar Paints Share Price Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Is_Shalimar_Paints_Worth_Watching_for_the_Long_Term\" title=\"Is Shalimar Paints Worth Watching for the Long Term?\">Is Shalimar Paints Worth Watching for the Long Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#What_is_the_Shalimar_Paints_share_price_forecast_for_the_next_3_years\" title=\"What is the Shalimar Paints share price forecast for the next 3 years?\">What is the Shalimar Paints share price forecast for the next 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#What_is_the_Shalimar_Paints_share_price_forecast_for_2027\" title=\"What is the Shalimar Paints share price forecast for 2027?\">What is the Shalimar Paints share price forecast for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#What_is_the_Shalimar_Paints_share_price_forecast_for_2028\" title=\"What is the Shalimar Paints share price forecast for 2028?\">What is the Shalimar Paints share price forecast for 2028?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#What_is_the_current_share_price_of_Shalimar_Paints\" title=\"What is the current share price of Shalimar Paints?\">What is the current share price of Shalimar Paints?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#Is_Shalimar_Paints_a_good_stock_for_the_long_term\" title=\"Is Shalimar Paints a good stock for the long term?\">Is Shalimar Paints a good stock for the long term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#What_is_the_Shalimar_Paints_share_price_outlook_for_2030\" title=\"What is the Shalimar Paints share price outlook for 2030?\">What is the Shalimar Paints share price outlook for 2030?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-forecast-next-3-years\/#What_are_the_key_risks_to_the_Shalimar_Paints_share_price_forecast\" title=\"What are the key risks to the Shalimar Paints share price forecast?\">What are the key risks to the Shalimar Paints share price forecast?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Company_Overview\"><\/span><strong>Shalimar Paints Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints is one of India&#8217;s oldest paint companies, manufacturing decorative and industrial coatings, currently undergoing a business turnaround and capacity expansion under new ownership. Understanding the business model is the first step in framing any credible Shalimar Paints share price forecast, because the durability of earnings ultimately decides where the stock trades.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Company<\/strong><\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/shalpaints\/shalimar-paints-ltd-share-price-today\">Shalimar Paints<\/a><\/td>\n<\/tr>\n<tr>\n<td><strong>NSE Ticker<\/strong><\/td>\n<td>SHALPAINTS<\/td>\n<\/tr>\n<tr>\n<td><strong>CMP (10 July 2026)<\/strong><\/td>\n<td>Rs 50.9<\/td>\n<\/tr>\n<tr>\n<td><strong>52 Week High<\/strong><\/td>\n<td>Rs 99<\/td>\n<\/tr>\n<tr>\n<td><strong>52 Week Low<\/strong><\/td>\n<td>Rs 34.4<\/td>\n<\/tr>\n<tr>\n<td><strong>Market Cap<\/strong><\/td>\n<td>Rs 426 Cr<\/td>\n<\/tr>\n<tr>\n<td><strong>Stock PE<\/strong><\/td>\n<td>NA<\/td>\n<\/tr>\n<tr>\n<td><strong>Book Value<\/strong><\/td>\n<td>Rs 30<\/td>\n<\/tr>\n<tr>\n<td><strong>ROE<\/strong><\/td>\n<td>21.3%<\/td>\n<\/tr>\n<tr>\n<td><strong>ROCE<\/strong><\/td>\n<td>7.92%<\/td>\n<\/tr>\n<tr>\n<td><strong>Dividend Yield<\/strong><\/td>\n<td>0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Where_Does_Shalimar_Paints_Share_Price_Stand_Today\"><\/span><strong>Where Does Shalimar Paints Share Price Stand Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock currently trades about 49 percent below its 52 week high of Rs 99, which means the market has already tempered some of its optimism. For anyone building a Shalimar Paints share price forecast, this correction matters for the Shalimar Paints share price forecast starting point, because entry valuations have a large bearing on 3 year returns.<\/p>\n<p>At the current price, Shalimar Paints commands a market capitalisation of Rs 426 Cr and trades at a price to earnings multiple of NA. The company generates a return on equity of 21.3% and a return on capital employed of 7.92%, which places it in the category of businesses with strong return ratios. These numbers anchor the Shalimar Paints share price forecast scenarios that follow. How the broader <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> index trades over this period will also influence the multiple investors are willing to assign to the stock.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Share_Price_Forecast_Key_Growth_Drivers_for_the_Next_3_Years\"><\/span><strong>Shalimar Paints Share Price Forecast: Key Growth Drivers for the Next 3 Years<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four forces are likely to shape the Shalimar Paints share price forecast between now and 2030, and together they explain most of the dispersion in this Shalimar Paints share price forecast. Each is discussed below with its likely direction of impact.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Trajectory_and_Return_Ratios\"><\/span><strong>Earnings Trajectory and Return Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Stock prices ultimately follow earnings. With strong return ratios at present, the pace at which profits compound over FY27 to FY30 will be the single biggest determinant of the Shalimar Paints share price forecast actually playing out. Consistent earnings delivery tends to expand valuation multiples, while misses compress them quickly.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Paints_and_Home_Improvement_Demand\"><\/span><strong>Paints and Home Improvement Demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Decorative paints demand in India grows ahead of GDP, driven by shorter repainting cycles, urban housing and premiumisation. Established brands like Shalimar Paints can defend share and margins even as new entrants intensify competition.<\/p>\n<p>Within the space, investors often benchmark Shalimar Paints against peers such as <a href=\"https:\/\/univest.in\/stocks\/indigopnts\/indigo-paints-ltd-share-price-today\">Indigo Paints<\/a>, <a href=\"https:\/\/univest.in\/stocks\/jswdulux\/akzo-nobel-india-ltd-share-price-today\">Akzo Nobel India<\/a> and <a href=\"https:\/\/univest.in\/stocks\/bergepaint\/berger-paints-india-ltd-share-price-today\">Berger Paints<\/a> on growth and valuations before forming a view on the Shalimar Paints share price forecast.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Company_Specific_Catalysts\"><\/span><strong>Company Specific Catalysts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case for Shalimar Paints rests on turnaround execution under new management, capacity expansion and re-entry into the growing decorative paints market. If these play out on schedule, the Shalimar Paints share price forecast for 2030 could gravitate toward the upper end of the scenario range discussed below.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Macro_Environment_and_Liquidity\"><\/span><strong>Macro Environment and Liquidity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The RBI rate cycle, FII flows into Indian equities and overall market valuations will influence the multiple investors are willing to pay. A benign macro backdrop supports the optimistic end of any Shalimar Paints share price forecast, while global risk aversion would do the opposite to the Shalimar Paints share price outlook.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Share_Price_Forecast_2027_2028_and_2030_Scenario_Analysis\"><\/span><strong>Shalimar Paints Share Price Forecast 2027, 2028 and 2030: Scenario Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below presents a scenario based Shalimar Paints share price forecast using compounded annual growth assumptions applied to the current market price of Rs 50.9. These are illustrative ranges, not point predictions, and actual outcomes can fall outside them.<\/p>\n<table>\n<thead>\n<tr>\n<th>Year<\/th>\n<th>Bear Case<\/th>\n<th>Base Case<\/th>\n<th>Bull Case<\/th>\n<th>Assumption<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2027<\/td>\n<td>Rs 55<\/td>\n<td>Rs 60<\/td>\n<td>Rs 65<\/td>\n<td>5% to 18% CAGR on CMP<\/td>\n<\/tr>\n<tr>\n<td>2028<\/td>\n<td>Rs 58<\/td>\n<td>Rs 68<\/td>\n<td>Rs 77<\/td>\n<td>5% to 18% CAGR on CMP<\/td>\n<\/tr>\n<tr>\n<td>2030<\/td>\n<td>Rs 63<\/td>\n<td>Rs 85<\/td>\n<td>Rs 105<\/td>\n<td>5% to 18% CAGR on CMP<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>In the base case scenario of this Shalimar Paints share price forecast, the 2030 level works out to roughly Rs 85, implying steady compounding from today&#8217;s levels. The bull case of Rs 105 assumes turnaround execution under new management delivers ahead of expectations, while the bear case of Rs 63 captures a scenario where growth stalls. That is an outcome band of about 24 percent to 106 percent over the period.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Consult a SEBI Registered Investment Advisor Before Acting on Any Forecast<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_vs_Bear_Case_for_Shalimar_Paints_Share_Price\"><\/span><strong>Bull Case vs Bear Case for Shalimar Paints Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"The_Bull_Case\"><\/span><strong>The Bull Case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The optimistic Shalimar Paints share price forecast assumes turnaround execution under new management, capacity expansion and re-entry into the growing decorative paints market. Combined with supportive sector conditions, this could lift both earnings and the valuation multiple, pushing the stock toward Rs 105 by 2030.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Bear_Case\"><\/span><strong>The Bear Case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The cautious view centres on the fact that intense competition from large organised paint players and the pace of turnaround execution are key risks. If these pressures dominate, the Shalimar Paints share price forecast would skew toward the lower band and the stock could stagnate near Rs 63 even by 2030, underperforming broader indices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_That_Could_Change_the_Shalimar_Paints_Share_Price_Outlook\"><\/span><strong>Key Risks That Could Change the Shalimar Paints Share Price Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Execution risk:<\/strong> Delays in strategy execution or capacity plans would push the earnings trajectory below the base case assumed in this Shalimar Paints share price forecast.<\/li>\n<li><strong>Valuation risk:<\/strong> At a PE of NA, any earnings disappointment can trigger sharp multiple compression before fundamentals stabilise.<\/li>\n<li><strong>Sector risk:<\/strong> Intense competition from large organised paint players and the pace of turnaround execution are key risks.<\/li>\n<li><strong>Macro risk:<\/strong> A global slowdown, adverse FII flows or unexpected rate moves would compress equity valuations across the market.<\/li>\n<li><strong>Regulatory risk:<\/strong> Policy, tax or compliance changes affecting the sector can alter the earnings outlook with little warning.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Is_Shalimar_Paints_Worth_Watching_for_the_Long_Term\"><\/span><strong>Is Shalimar Paints Worth Watching for the Long Term?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For long term investors, the relevant question is not just where the Shalimar Paints share price forecast lands in 2030 or what any single Shalimar Paints share price forecast says today, but whether the business can compound capital through cycles. The company&#8217;s positioning around turnaround execution under new management gives it a credible growth story, while the risks outlined above define what must be monitored each quarter.<\/p>\n<p>Investors should track quarterly earnings, management commentary and sector data rather than anchoring to any single number from a Shalimar Paints share price outlook. Historically, staying focused on business fundamentals has served investors better than chasing price targets, and consulting a SEBI registered advisor before investing remains the prudent approach.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Shalimar Paints share price live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Shalimar Paints share price forecast for the next 3 years spans Rs 63 to Rs 105 by 2030 under the scenarios discussed, with a base case near Rs 85. Any credible Shalimar Paints share price forecast must be updated as facts change, and the path will be decided by earnings delivery, turnaround execution under new management and the broader market environment. Treat these ranges as a framework for thinking, not a promise of outcomes, and revisit the assumptions as new results come in. Consult a SEBI registered investment advisor before making any investment decision.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_forecast_for_the_next_3_years\"><\/span><strong>What is the Shalimar Paints share price forecast for the next 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shalimar Paints share price forecast for the next 3 years is scenario based rather than a single number. By 2030, the illustrative range spans Rs 63 in the bear case to Rs 105 in the bull case, with a base case near Rs 85, depending on earnings delivery and market conditions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_forecast_for_2027\"><\/span><strong>What is the Shalimar Paints share price forecast for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For 2027, the scenario range works out to Rs 55 to Rs 65, with a base case around Rs 60. This assumes compounding on the current price of Rs 50.9 and is illustrative, not a guaranteed outcome.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_forecast_for_2028\"><\/span><strong>What is the Shalimar Paints share price forecast for 2028?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The 2028 scenario range is Rs 58 to Rs 77, with the base case near Rs 68. Actual levels will depend on earnings growth, sector trends and overall market valuations at the time.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_Shalimar_Paints\"><\/span><strong>What is the current share price of Shalimar Paints?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 10 July 2026, Shalimar Paints trades at around Rs 50.9 on the NSE, within a 52 week range of Rs 34.4 to Rs 99. Prices change continuously during market hours, so check live quotes before acting.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shalimar_Paints_a_good_stock_for_the_long_term\"><\/span><strong>Is Shalimar Paints a good stock for the long term?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shalimar Paints has a credible long term story built on turnaround execution under new management, but it also carries risks since intense competition from large organised paint players and the pace of turnaround execution are key risks. Long term suitability depends on your risk profile and portfolio, so consult a SEBI registered investment advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_outlook_for_2030\"><\/span><strong>What is the Shalimar Paints share price outlook for 2030?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shalimar Paints share price outlook for 2030 spans Rs 63 to Rs 105 across bear and bull scenarios. Where the stock actually lands will be driven by profit growth, valuation multiples and macro conditions closer to that date.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_to_the_Shalimar_Paints_share_price_forecast\"><\/span><strong>What are the key risks to the Shalimar Paints share price forecast?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are execution delays, valuation compression from the current PE of NA, sector specific pressures, macro shocks and regulatory changes. Any of these can push the stock below the base case scenario discussed in this article.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shalimar Paints share price forecast for the next 3 years points to a scenario range of Rs 63 to Rs 105 by 2030, driven by turnaround execution under new management and sector tailwinds.<\/p>\n","protected":false},"author":34,"featured_media":150230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-149599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1784012006:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["76"],"rank_math_title":["Shalimar Paints Share Price Forecast: 3 Year Outlook to 2030"],"rank_math_description":["Where will Shalimar Paints share price be in the next 3 years? 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