{"id":231569,"date":"2026-09-07T15:29:21","date_gmt":"2026-09-07T09:59:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=231569"},"modified":"2026-09-07T15:29:22","modified_gmt":"2026-09-07T09:59:22","slug":"is-shalimar-paints-a-good-buy-after-q1-fy27-results","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/","title":{"rendered":"Is Shalimar Paints a Good Buy After Its Q1 FY27 Results?"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Shalimar Paints share price around Rs 86. 10.8% below 52-week high of Rs 96. Q1 FY27 revenue Rs 139 crore, down 11.2% YoY. loss of Rs 21 crore.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Shalimar Paints continued to report a net loss in Q1 FY27, at Rs 21 crore, though the loss widened year on year as revenue grew to Rs 139 crore. The Shalimar Paints share price near Rs 86 reflects a business still working toward profitability, so this is best treated as a turnaround watch rather than a value buy on this quarter&#8217;s numbers.<\/p>\n<\/div>\n<p>The Shalimar Paints share price has been under the spotlight this results season after the company reported its first-quarter numbers for FY27. Shalimar Paints is one of India&#8217;s oldest paint manufacturers, serving decorative and industrial segments, and its Q1 FY27 print, for the quarter ended June 30, 2026, gives investors a fresh data point to test whether the stock still deserves a place in a portfolio at current levels.<\/p>\n<p>Revenue for the quarter came in at Rs 139 crore, down 11.2% year on year, while the company reported a net loss of Rs 21 crore. That combination of numbers is exactly what this article breaks down, along with what it means for the Shalimar Paints share price from here.<\/p>\n<p>This piece works through the quarter&#8217;s financial highlights, the business factors behind the numbers, where the Shalimar Paints share price stands against its 52-week range and valuation multiples, and the key risks worth watching before treating this as a buy, hold or a stock to avoid for now.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=shalimar-paints_q1fy27\"><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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Shalimar_Paints_Q1_FY27_Financial_Highlights\" title=\"Shalimar Paints Q1 FY27 Financial Highlights\">Shalimar Paints Q1 FY27 Financial Highlights<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Shalimar_Paints_Q1_FY27_Performance_Analysis\" title=\"Shalimar Paints Q1 FY27 Performance Analysis\">Shalimar Paints Q1 FY27 Performance Analysis<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Key_Business_Factors_in_Q1_FY27\" title=\"Key Business Factors in Q1 FY27\">Key Business Factors in Q1 FY27<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Revenue_Trend\" title=\"Revenue Trend\">Revenue Trend<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Margin_Movement\" title=\"Margin Movement\">Margin Movement<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Balance_Sheet_Position\" title=\"Balance Sheet Position\">Balance Sheet Position<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Valuation_Context\" title=\"Valuation Context\">Valuation Context<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Dividend_Details\" title=\"Dividend Details\">Dividend Details<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Shalimar_Paints_Share_Price_Outlook_for_FY27\" title=\"Shalimar Paints Share Price Outlook for FY27\">Shalimar Paints Share Price Outlook for FY27<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Shalimar_Paints_Stock_Performance\" title=\"Shalimar Paints Stock Performance\">Shalimar Paints Stock Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Profitability_Risk\" title=\"Profitability Risk\">Profitability Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Leverage_Risk\" title=\"Leverage Risk\">Leverage Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Sector_and_Demand_Risk\" title=\"Sector and Demand Risk\">Sector and Demand Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Frequently_Asked_Questions_on_Shalimar_Paints_Q1_FY27_Results\" title=\"Frequently Asked Questions on Shalimar Paints Q1 FY27 Results\">Frequently Asked Questions on Shalimar Paints Q1 FY27 Results<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#What_were_Shalimar_Paints_Q1_FY27_results\" title=\"What were Shalimar Paints&#8217; Q1 FY27 results?\">What were Shalimar Paints&#8217; Q1 FY27 results?<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Is_Shalimar_Paints_a_good_buy_after_its_Q1_FY27_results\" title=\"Is Shalimar Paints a good buy after its Q1 FY27 results?\">Is Shalimar Paints a good buy after its Q1 FY27 results?<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#What_is_the_Shalimar_Paints_share_price_today\" title=\"What is the Shalimar Paints share price today?\">What is the Shalimar Paints share price today?<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#What_is_Shalimar_Paints_revenue_and_profit_for_Q1_FY27\" title=\"What is Shalimar Paints&#8217; revenue and profit for Q1 FY27?\">What is Shalimar Paints&#8217; revenue and profit for Q1 FY27?<\/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\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Did_Shalimar_Paints_declare_a_dividend_with_its_Q1_FY27_results\" title=\"Did Shalimar Paints declare a dividend with its Q1 FY27 results?\">Did Shalimar Paints declare a dividend with its Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#Why_does_Shalimar_Paints_not_have_a_meaningful_PE_ratio\" title=\"Why does Shalimar Paints not have a meaningful PE ratio?\">Why does Shalimar Paints not have a meaningful PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#What_are_the_key_risks_for_Shalimar_Paints_investors_right_now\" title=\"What are the key risks for Shalimar Paints investors right now?\">What are the key risks for Shalimar Paints investors right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/is-shalimar-paints-a-good-buy-after-q1-fy27-results\/#What_is_Shalimar_Paints_promoter_shareholding\" title=\"What is Shalimar Paints&#8217; promoter shareholding?\">What is Shalimar Paints&#8217; promoter shareholding?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Q1_FY27_Financial_Highlights\"><\/span><strong>Shalimar Paints Q1 FY27 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse;\">\n<thead>\n<tr style=\"background: #F0F0F0;\">\n<th style=\"border: 1px solid #BBBBBB; padding: 8px;\">Metric<\/th>\n<th style=\"border: 1px solid #BBBBBB; padding: 8px;\">Q1 FY27<\/th>\n<th style=\"border: 1px solid #BBBBBB; padding: 8px;\">Q1 FY26<\/th>\n<th style=\"border: 1px solid #BBBBBB; padding: 8px;\">YoY Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">Revenue<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">Rs 139 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">Rs 156 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-11.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">EBITDA<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-Rs 11 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-Rs 6.07 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-85.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">Operating Margin<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-8.2%<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-3.9%<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">NA<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">Profit Before Tax<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-Rs 21 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-Rs 17 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-26.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">Net Profit \/ (Loss)<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-Rs 21 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-Rs 17 crore<\/td>\n<td style=\"border: 1px solid #BBBBBB; padding: 8px;\">-26.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Q1_FY27_Performance_Analysis\"><\/span><strong>Shalimar Paints Q1 FY27 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Shalimar Paints Fundamentals on Univest Screener<\/strong><\/a><\/p>\n<p>Revenue growth of 11.2% for the quarter was not enough to offset cost pressure this quarter, and the paints and coatings manufacturing business will need a stronger showing next quarter to reverse the trend.<\/p>\n<p>The loss for the quarter came in wider year on year at -Rs 21 crore, against -Rs 17 crore a year ago. Revenue grew 11.2% in the same period, so the business is scaling, but profitability has not yet followed, which is the central issue for anyone tracking the Shalimar Paints share price for a turnaround.<\/p>\n<p>On a sequential basis, revenue moved down 11.6% sequentially from Rs 157 crore in the March 2026 quarter and the net loss moved down 187.7% sequentially from -Rs 7.39 crore in the prior quarter, giving a fuller picture of the trend behind the Shalimar Paints share price than the year on year comparison alone.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_in_Q1_FY27\"><\/span><strong>Key Business Factors in Q1 FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Revenue_Trend\"><\/span><strong>Revenue Trend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Shalimar Paints&#8217; revenue declined 11.2% year on year this quarter, taking the quarterly base to Rs 139 crore in a paints and coatings manufacturing business that remains sensitive to demand and pricing cycles that ultimately feed through to the Shalimar Paints share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margin_Movement\"><\/span><strong>Margin Movement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>EBITDA fell to -Rs 11 crore from -Rs 6.07 crore, with operating margin slipping to -8.2% from -3.9%, pointing to cost or pricing pressure that management will need to manage through the rest of FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_Position\"><\/span><strong>Balance Sheet Position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Shalimar Paints&#8217; debt-to-equity ratio stands at 0.66, a level worth monitoring given the quarter&#8217;s margin trend.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Context\"><\/span><strong>Valuation Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Shalimar Paints does not carry a meaningful PE multiple this quarter given its current earnings, so investors should lean on revenue and book value trends instead of the price-to-earnings ratio when assessing the Shalimar Paints share price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Details\"><\/span><strong>Dividend Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No interim dividend was declared alongside Shalimar Paints&#8217; Q1 FY27 results. The stock has not paid a meaningful dividend in the trailing twelve months. Investors tracking the Shalimar Paints share price for income should watch the company&#8217;s announcements around its next annual results for any dividend decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Share_Price_Outlook_for_FY27\"><\/span><strong>Shalimar Paints Share Price Outlook for FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints remains a turnaround story rather than a steady compounder for now. Revenue growth is encouraging, but the pace at which losses shrink over the coming quarters will matter more to the Shalimar Paints share price than the topline trend alone.<\/p>\n<p>A clear, sustained narrowing of losses over the next two to three quarters would be the strongest signal for the Shalimar Paints share price, while a stall or reversal in that trend would call for more caution.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Stock_Performance\"><\/span><strong>Shalimar Paints Stock Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\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&#8217; live share price and get daily stock updates.<\/em><\/p>\n<p>The Shalimar Paints share price was trading around Rs 86 as results season played out in late August 2026, roughly 10.8% below its 52-week high of Rs 96 and well above its 52-week low of Rs 35.<\/p>\n<p>The Shalimar Paints share price has likely already absorbed some of this quarter&#8217;s disappointment, but further downside is possible if the next results confirm the same trend rather than a one-off. On profitability ratios, the company reports a return on equity of -25.86% and a book value of around Rs 17 per share, both useful reference points when judging whether the current price is reasonable.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Profitability_Risk\"><\/span><strong>Profitability Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The quarter&#8217;s profit trend is the clearest risk here. Until Shalimar Paints shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Leverage_Risk\"><\/span><strong>Leverage Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A debt-to-equity ratio of 0.66 means the company&#8217;s earnings are more sensitive to interest rate and refinancing conditions than a lower-debt peer.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Sector_and_Demand_Risk\"><\/span><strong>Sector and Demand Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a paints and coatings manufacturing business, Shalimar Paints&#8217; results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Shalimar Paints share price well before the next result.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints remains loss-making in Q1 FY27, with the loss still widening year on year alongside revenue growth of 11.2%. The Shalimar Paints share price suits investors comfortable with a turnaround story more than those looking for near-term profitability, and position sizing should reflect that risk.<\/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<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Shalimar_Paints_Q1_FY27_Results\"><\/span><strong>Frequently Asked Questions on Shalimar Paints Q1 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Shalimar_Paints_Q1_FY27_results\"><\/span><strong>What were Shalimar Paints&#8217; Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shalimar Paints reported Q1 FY27 revenue of Rs 139 crore, down 11.2% year on year, with a net loss of Rs 21 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shalimar_Paints_a_good_buy_after_its_Q1_FY27_results\"><\/span><strong>Is Shalimar Paints a good buy after its Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shalimar Paints&#8217; profitability came under pressure this quarter, which makes this a stock to watch rather than an obvious buy purely on this result. Investors should form their own view based on their own risk appetite and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_today\"><\/span><strong>What is the Shalimar Paints share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shalimar Paints share price was trading around Rs 86 in late August 2026, about 10.8% below its 52-week high of Rs 96 and well above its 52-week low of Rs 35.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Shalimar_Paints_revenue_and_profit_for_Q1_FY27\"><\/span><strong>What is Shalimar Paints&#8217; revenue and profit for Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shalimar Paints reported revenue of Rs 139 crore and a net loss of Rs 21 crore for the quarter ended June 30, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_Shalimar_Paints_declare_a_dividend_with_its_Q1_FY27_results\"><\/span><strong>Did Shalimar Paints declare a dividend with its Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No interim dividend was declared alongside Shalimar Paints&#8217; Q1 FY27 results. Investors should track the company&#8217;s next annual results for any dividend announcement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_Shalimar_Paints_not_have_a_meaningful_PE_ratio\"><\/span><strong>Why does Shalimar Paints not have a meaningful PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shalimar Paints does not carry a meaningful price-to-earnings ratio currently because of its recent earnings performance. Investors should use revenue and book value trends instead when assessing the stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_for_Shalimar_Paints_investors_right_now\"><\/span><strong>What are the key risks for Shalimar Paints investors right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The quarter&#8217;s profit trend is the clearest risk here. Until Shalimar Paints shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results. As a paints and coatings manufacturing business, Shalimar Paints&#8217; results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Shalimar Paints share price well before the next result.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Shalimar_Paints_promoter_shareholding\"><\/span><strong>What is Shalimar Paints&#8217; promoter shareholding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoter shareholding data for Shalimar Paints was not fully available for this quarter and should be checked on the company&#8217;s official filings.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shalimar Paints Q1 FY27: revenue Rs 139 crore, loss Rs 21 crore. Full results breakdown and whether the stock is a buy at current levels.<\/p>\n","protected":false},"author":36,"featured_media":231568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[3802],"class_list":["post-231569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["231568"],"_edit_lock":["1788775164:36"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["70"],"rank_math_title":["Shalimar Paints Share Price: Good Buy After Q1 FY27 Results?"],"rank_math_description":["Shalimar Paints share price in focus after Q1 FY27 results: loss of Rs 21 crore, revenue at Rs 139 crore. 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