Shalimar Paints Ltd, one of India's oldest paint manufacturing companies, has been a significant player in the decorative and industrial coatings segment. Founded in 1902, the company is known for its long-standing brand value, trusted quality, and legacy in the Indian paint market. In this article, we will look at Shalimar Paints’ current performance, shareholding pattern, and its projected share price targets from 2025 to 2030.

Let’s dive into the company's current standing and explore its future potential.

Shalimar Paints Share Price Today (As of July 2025)

About Shalimar Paints Ltd

Shalimar Paints has a rich legacy and is considered a heritage brand in the Indian paints industry. The company manufactures industrial coatings, decorative paints, and performance coatings. While it faces stiff competition from giants like Asian Paints and Berger Paints, it retains a niche brand recall, especially in government and industrial projects.

Key Highlights:

• Over 120 years of brand legacy

• Focused on both B2B and B2C paint markets

• Recent efforts towards modernization and distribution expansion

• Consistent presence in the eastern and northern regions of India

Shalimar Paints Shareholding Pattern (As of July 2025)

The high promoter holding indicates strong confidence by the founders and key stakeholders in the company’s long-term vision.

Shalimar Paints Share Price Target 2025 to 2030

These targets are based on fundamental analysis, market expansion, past performance, and industry growth trends.

Year-Wise Analysis & Investment Outlook

✅ Shalimar Paints Share Price Target 2025: ₹90 – ₹105

With its current trading price hovering near its 52-week low of ₹84.10, 2025 could be a consolidation year.

Why?

• Focus on restructuring and modernizing operations

• Moderate demand in industrial segment

• Higher raw material costs affecting margin

Investment Advice: Good time for entry in SIP mode. Risk-tolerant investors may take advantage of low levels.

✅ Shalimar Paints Share Price Target 2026: ₹100 – ₹120

The company may benefit from broader housing sector recovery and industrial infrastructure investment.

Why?

• More government orders for coatings

• Expansion of distribution channels in Tier 2/3 cities

• Revamped marketing strategies

Investment Advice: Ideal for investors with medium-term goals. Watch Q2 and Q3 results for better clarity.

✅ Shalimar Paints Share Price Target 2027: ₹115 – ₹135

With stronger fundamentals, Shalimar could see gradual re-rating by analysts.

Why?

• Improvement in delivery ratio and volumes

• Cost optimization and better EBITDA margins

• Technological upgrades in production

Investment Advice: Hold for long term. Allocate small portion of your portfolio to this small-cap opportunity.

✅ Shalimar Paints Share Price Target 2028: ₹125 – ₹150

If industry tailwinds continue, Shalimar may reclaim its position as a fast-growing mid-cap paint company.

Why?

• Expansion into high-margin decorative paint segment

• Improved promoter activity and retail interest

• Rising paint demand during festival and wedding seasons

Investment Advice: Look for breakout above ₹155 levels as technical confirmation for entry.

✅ Shalimar Paints Share Price Target 2029: ₹140 – ₹170

Market may reward turnaround efforts if the company posts consistent profit growth.

Why?

• High promoter stake supports confidence

• New product launches in premium segments

• Higher delivery averages indicating smart accumulation

Investment Advice: Good phase for long-term value creation. Continue to average-in on dips.

✅ Shalimar Paints Share Price Target 2030: ₹160 – ₹190

If all goes well, 2030 could mark a multi-year breakout for Shalimar Paints.

Why?

• Diversified product portfolio

• Growth in rural markets and real estate boom

• Market cap potential to cross ₹1500+ Cr

Investment Advice: Suitable for patient investors aiming for multibagger returns.

Should You Invest in Shalimar Paints for the Long Term?

Yes, but with caution. While Shalimar Paints has historical credibility and a loyal promoter group, it is still in the turnaround phase. Investors with high-risk appetite and long-term horizon may consider investing small amounts.

Key Reasons to Consider:

• High promoter confidence (74.96% holding)

• Low price near 52-week and all-time support levels

• Scope for margin improvement and business revival

• Book value per share close to ₹41, indicating undervaluation

⚠️ Risks to Watch Out For:

• High competition from larger players (Asian Paints, Berger)

• Raw material price volatility

• Inconsistent profitability in past years

• Lack of strong institutional investor interest

Conclusion

Shalimar Paints Ltd is a classic turnaround story. With its rich heritage and improving fundamentals, it holds the potential for strong returns over the long term. However, it's essential to be mindful of the risks and only invest if it fits your portfolio strategy.

Currently trading near ₹92, Shalimar Paints may reach ₹190 by 2030 if the company executes its plans effectively and the paint sector continues its upward trajectory. Long-term investors may keep an eye on quarterly results, promoter actions, and delivery volumes for signals.

Frequently Asked Questions (FAQs) about Shalimar Paints

1. What is the current share price of Shalimar Paints?
As of July 2025, it's around ₹92.29.

2. Is Shalimar Paints a good investment for the future?
It may be a good long-term bet for investors looking for value in mid-cap turnaround stocks.

3. What is the share price target for 2026?
Analysts expect it to range between ₹100 – ₹120 in 2026.

4. Has Shalimar Paints ever reached ₹300?
Yes, its all-time high was ₹302.99.

5. Is it listed on NSE and BSE?
Yes, Shalimar Paints is traded on both NSE and BSE.

Disclaimer: This article is for educational and informational purposes only. Investors are advised to do their own research and consult financial advisors before making investment decisions.