Shalimar Paints
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Background
From 6 stories, the newest dated 19 Aug 2026. Summary written 3 Oct 2026.
Shalimar Paints is a listed Indian paints company whose shares trade on the stock exchanges.[1] source: Entrackr[2] source: The Hindu BusinessLine
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Its CEO has cited cost rationalisation and portfolio strengthening as priorities.[2] source: The Hindu BusinessLine
Shalimar Paints reported FY26 revenue of ₹569.03 cr, down 5.01%, and a FY26 net loss of ₹63.34 cr.[2] source: The Hindu BusinessLine Q4FY26 revenue was ₹153.06 cr, down 14%, and the Q4 net loss narrowed to ₹6.18 cr from ₹9.51 cr.[2] source: The Hindu BusinessLine For Q1FY27, revenue from operations was Rs 137.72 crore against Rs 154.56 crore a year earlier, and the net loss widened to Rs 21.26 crore from Rs 16.77 crore.[3] source: NDTV Profit In August 2026 its board approved a share-swap investment in Hella Infra Market, the parent of Infra.Market, and cleared a QIP of up to Rs 1,000 crore.[3] source: NDTV Profit[4] source: NDTV Profit The swap is valued at about ₹10,440 crore, and Shalimar would issue up to 41.70 crore equity shares and 81.12 crore CCPS at ₹85 each.[5] source: Mint Hella Infra Market shareholders would own more than 77% of Shalimar Paints.[5] source: Mint Mint reported the deal needs 75% shareholder approval.[6] source: Mint Mint also reported that a 20% share-price gain to ₹80.01 on 3 August before the announcement could draw NSE and Sebi scrutiny.[6] source: Mint
The board is also considering a future unification of the entities.[3] source: NDTV Profit Tiger Global is named in coverage of the transaction, and Entrackr reported 185 proposed equity allottees.[4] source: NDTV Profit[1] source: Entrackr
Sources
Questions about Shalimar Paints
How fast is Shalimar Paints growing in India?
Shalimar Paints reported FY26 revenue of ₹569.03 cr, down 5.01%, with a FY26 net loss of ₹63.34 cr. Q4FY26 revenue was ₹153.06 cr, down 14%.[2] source: The Hindu BusinessLine
What is Shalimar Paints' current strategy in India?
In August 2026 Shalimar Paints approved a share-swap investment in Hella Infra Market, valued at about ₹10,440 crore. It also cleared a QIP of up to Rs 1,000 crore, and its board is considering a future unification of the entities.[5] source: Mint[3] source: NDTV Profit[4] source: NDTV Profit