Shalimar Paints' Q3 FY 2025-26 Quarterly Results
- 13 Feb 2026
Result Summary
- Shalimar Paints Ltd reported a 3.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 11.3%.
- Its expenses for the quarter were up by 1.9% QoQ and down 10.9% YoY.
- The net profit increased 88.5% QoQ and increased 11.1% YoY.
- The earnings per share (EPS) of Shalimar Paints Ltd declined at 3.18 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 132.10 | 137.12 | 148.99 | -3.7% | -11.3% |
Total Expenses | 154.15 | 151.26 | 172.97 | 1.9% | -10.9% |
Profit Before Tax | -26.65 | -14.14 | -23.98 | 88.5% | 11.1% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -26.65 | -14.14 | -23.98 | 88.5% | 11.1% |
Earnings Per Share | -3.18 | -1.69 | -2.86 | 88.2% | 11.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shalimar Paints Ltd is a prominent player in the paint industry, primarily involved in the production and sale of decorative paints. The company has a long-standing history and is recognized for its comprehensive range of high-quality paint products that cater to both residential and commercial sectors. As of recent developments, the company has been focusing on expanding its market reach and enhancing its product offerings to meet evolving consumer demands. However, specific details regarding any recent major developments were not provided in the current dataset.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Shalimar Paints Ltd reported a total income of ₹132.10 crores. This represents a quarter-over-quarter (QoQ) decrease of 3.7% compared to ₹137.12 crores in the second quarter of the fiscal year 2026 (Q2FY26). On a year-over-year (YoY) basis, there was an 11.3% decline in total income from ₹148.99 crores in the third quarter of the fiscal year 2025 (Q3FY25). The decrease in revenue over both the QoQ and YoY periods is a notable trend in the financial performance of the company.
Profitability
Shalimar Paints Ltd recorded a loss before tax of ₹26.65 crores in Q3FY26, which increased by 88.5% on a QoQ basis from a loss of ₹14.14 crores in Q2FY26. Similarly, the loss before tax widened by 11.1% YoY from ₹23.98 crores in Q3FY25. The profit after tax figures mirrored the pre-tax losses, as there was no tax expense reported across the periods. Correspondingly, the earnings per share also reflected this trend, showing a loss of ₹3.18 in Q3FY26, up from ₹1.69 in Q2FY26 and ₹2.86 in Q3FY25.
Operating Metrics
In terms of operating expenses, Shalimar Paints Ltd reported total expenses of ₹154.15 crores in Q3FY26, which marks a 1.9% increase QoQ from ₹151.26 crores in Q2FY26. However, there was a YoY decrease of 10.9% from ₹172.97 crores in Q3FY25. The consistent increase in expenses on a quarterly basis, despite the YoY reduction, indicates a significant area of focus in managing operational costs. The absence of tax liabilities across the quarters indicates that the operational performance directly impacts the net profitability of the company.