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Shalimar Paints Share Price Target 2024, 2025, 2026 to 2039 With Charts

Shalimar Paints Limited

Company LogoSymbol: SHALPAINTS
Price: ₹98.7
Exchange: NSE
Basic Materials -> Specialty Chemicals
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Shalimar Paints Brief Company Overview

Shalimar Paints Limited: A Reputable Paint and Coatings Manufacturer and Distributor

Shalimar Paints Limited, established in 1902, is a leading Indian company engaged in manufacturing, selling, and distributing a diverse range of paints and coatings.

The company's product portfolio includes decorative paints for interior and exterior surfaces, marine coatings for marine structures, emulsions, enamels, distemper, primer, epoxy, aluminum, pipeline, and zinc rich coatings.

Over the years, Shalimar Paints has earned a strong reputation in the industry for its high-quality products and commitment to innovation.

  • Decorative Paints: Signature, Superlac Stay Clean, Xtra Tough, Super Shaktiman, No. 1 Silk, Super Shaktiman Emulsion
  • Marine Coatings: Antifouling, epoxy
  • Other Coatings: Aluminum, pipeline, zinc rich coatings

With a strong presence across India, Shalimar Paints is well-positioned to cater to the growing demand for paints and coatings in the country.


Shalimar Paints Financial Performance

MetricValueDescription
Market Capital1,339.79 CroreMarket valuation of Shalimar Paints's shares.
Revenue (TTM)526.55 CroreTotal revenue generated by Shalimar Paints over the past twelve months.
Net Income (TTM)-56.95 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin-7.31%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin-10.82%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+13%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
40.37Company's total debt divided by total shareholder equity.
Total Debt128.19 CroreSum of Shalimar Paints's current & long-term financial obligations.
Total Cash4.55 CroreTotal amount of liquid funds available to Shalimar Paints.
Beta0.24Beta is less than 1 indicating that the Shalimar Paints's price is less volatile than the market.

Is Shalimar Paints A Good Buy For Long Term?

Shalimar Paints, a small-cap stock, has witnessed a decline in profitability, with a net loss reported in the last 12 months. The company's debt position and negative profit margins are additional concerns. Despite positive returns over longer time frames, the recent performance and financial indicators suggest that it may not be a favorable choice for long-term investment at this point.

To predict the Shalimar Paints's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Shalimar Paints Share Price Target For 2024

Shalimar Paints Targets For 2024 Chart

The line chart displays the monthly closing prices of Shalimar Paints with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Shalimar Paints shares in 2024, see the table below.

Shalimar Paints Share Price Target Table For 2024

Shalimar Paints's LevelsValueReason/Importance
2024 Target 3106.16 (+7.55%)Fibonacci Extension Level 123.6%
2024 Target 2105.00 (+6.38%)Price Action: Jul 2021 Low
2024 Target 1103.96 (+5.32%)Custom Fibonacci Extension Lvl 23.6%
Current Price98.70Shalimar Paints's 1 share price as of Thu 21 Nov 2024
Stop Loss 1103.05 (+4.4%)Price Action: Jan 2013 High
Stop Loss 2102.00 (+3.34%)Price Action: Oct 2019 High
Stop Loss 3100.95 (+2.27%)Price Action: Oct 2012 High

Summary: Shalimar Paints Share Price Prediction For 2024

In summary, Shalimar Paints has declined by ₹-79.00, recording a notable -44.46% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Shalimar Paints for 2024 predicts an additional rise of 5.32% to 7.55% by the end of 2024 with three potential targets T1: 103.96, T2: 105.00, T3: 106.16. Stop Loss at SL1: 103.05, SL2: 102.00, SL3: 100.95.

Shalimar Paints has a 52-week high of ₹221.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹97.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Shalimar Paints.

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Shalimar Paints Share Price Target For 2025

Shalimar Paints Targets For 2025 Chart

The line chart displays the monthly closing prices of Shalimar Paints with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Shalimar Paints shares in 2025, see the table below.

Shalimar Paints Share Price Target Table For 2025

Shalimar Paints's LevelsValueReason/Importance
2025 Target 3185.59 (+88.03%)Price Action: Chart
2025 Target 2182.13 (+84.52%)Price Action: Chart
2025 Target 1180.33 (+82.7%)Custom Fibonacci Extension Lvl 64.9%
Current Price98.70Shalimar Paints's 1 share price as of Thu 21 Nov 2024
Stop Loss 184.62 (-14.27%)Price Action: Chart
Stop Loss 283.77 (-15.13%)Price Action: Chart
Stop Loss 382.26 (-16.66%)Price Action: Chart

Summary: Shalimar Paints Share Price Prediction For 2025

In summary, Shalimar Paints has declined by ₹-79.00, recording a notable -44.46% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Shalimar Paints for 2025 predicts an additional rise of 82.7% to 88.03% by the end of 2025 with three potential targets T1: 180.33, T2: 182.13, T3: 185.59. Stop Loss at SL1: 84.62, SL2: 83.77, SL3: 82.26.

Shalimar Paints has a All-Time high of ₹230.46, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹97.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Shalimar Paints, we have created a specific page for that check here: Shalimar Paints Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Shalimar Paints Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Shalimar Paints Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Shalimar Paints share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.41% over the next 15 years.

For complete year by year Shalimar Paints long term share price target from 2024, 2025 to 2039 check the below table.

Shalimar Paints Share Price Target Table From 2024, 2025, 2026 to 2039

YearShalimar Paints TargetYoY Change %
2024₹98.7[Current Price]
2024₹102.784.13%
2025₹85.04-17.27%
2026₹97.2714.38%
2027₹96.72-0.57%
2028₹104.998.55%
2029₹99.65-5.09%
2030₹168.5769.16%
2031₹158.24-6.13%
2032₹139.4-11.91%
2033₹140.350.68%
2034₹145.513.67%
2035₹158.168.7%
2036₹148.36-6.21%
2037₹130.58-11.99%
2038₹131.360.59%
2039₹143.419.18%

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Shalimar Paints Past Performance

SHALPAINTS main
Shalimar Paints has been listed on NSE for more than 28 years.
  • In 1996, Shalimar Paints opening price was ₹8.49
  • As of Thu 21 Nov 2024 the price stands at ₹98.7.
  • This represents a Compound Annual Growth Rate (CAGR) of 8.83%.
  • In 28 years, an investment of 10,000 would have become ₹1.16 Lakh.

As we wrap up, we hope you like our study on Shalimar Paints share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Shalimar Paints Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter