Shalimar Paints Q1 FY27 Results & Earnings Intelligence

SHALPAINTS

Structural risk assessment following Q1-FY27 | 30 Jun 26 earnings.

Flagium AI Risk Score✅
StableRisk: 12/100
2 warnings12Q Forensic Surveillance ✓
Revenue from Operations

₹137.7 Cr

Reported

Operating Profit (EBITDA)

₹-21.3 Cr

-165.8% YoY•-1163.0% QoQ

Net Profit (PAT)

₹-21.3 Cr

-25.1% YoY•-203.7% QoQ

Risk Score (QoQ)

12/ 100

+5 pts QoQ

The Quarter at a Glance

Consolidated Financials
Revenue from OperationsQ1-FY27 | 30 Jun 26
₹137.7 Cr
YoYQ1-FY26 | 30 Jun 25
N/AN/A
QoQQ4-FY26 | 31 Mar 26
N/AN/A
Revenue (Total Income)Q1-FY27 | 30 Jun 26
₹138.6 Cr
YoYQ1-FY26 | 30 Jun 25
₹155.0 Cr-10.6%
QoQQ4-FY26 | 31 Mar 26
₹156.0 Cr-11.1%
Operating Profit (EBITDA)Q1-FY27 | 30 Jun 26
₹-21.3 Cr
YoYQ1-FY26 | 30 Jun 25
₹-8.0 Cr-165.8%
QoQQ4-FY26 | 31 Mar 26
₹2.0 Cr-1163.0%
Profit Before Tax (PBT)Q1-FY27 | 30 Jun 26
₹-21.3 Cr
YoYQ1-FY26 | 30 Jun 25
₹-17.0 Cr-25.1%
QoQQ4-FY26 | 31 Mar 26
₹-8.0 Cr-165.8%
EBIT MarginQ1-FY27 | 30 Jun 26
-15.34%
YoYQ1-FY26 | 30 Jun 25
-5.16%-1018 bps
QoQQ4-FY26 | 31 Mar 26
1.28%-1662 bps
Net Profit (PAT)Q1-FY27 | 30 Jun 26
₹-21.3 Cr
YoYQ1-FY26 | 30 Jun 25
₹-17.0 Cr-25.1%
QoQQ4-FY26 | 31 Mar 26
₹-7.0 Cr-203.7%
Interest ExpenseQ1-FY27 | 30 Jun 26
₹4.9 Cr
YoYQ1-FY26 | 30 Jun 25
₹6.0 Cr-18.2%
QoQQ4-FY26 | 31 Mar 26
₹6.0 Cr-18.2%
Basic EPS (₹/share)Q1-FY27 | 30 Jun 26
₹-2.54
YoYQ1-FY26 | 30 Jun 25
N/AN/A
QoQQ4-FY26 | 31 Mar 26
N/AN/A

Sources:Official BSE/NSE Disclosures & Financial Filings

Basic Materials • Margin WatchEBITDA Operating Margin: -15.3% (Moderate Margin)
Benchmark: Prudent Target ≥ 12.0%

Core operating EBITDA margin of -15.3% reflects operating leverage, gross spread absorption, and input cost discipline against revenue.

Sentinel Executive Summary

Core Earnings Synthesis

"Shalimar Paints Limited currently sits within Flagium's Stable category. However, recent periods have introduced early signs of competitive and operating pressure, leverage and funding pressure. With both revenue and profit contracting, triggers like 'Low Interest Coverage', 'Industrial Margin Stress' amplify the structural risk. Current deterioration appears cyclical rather than existential."

Shalimar Paints Limited registered a drop in both quarterly revenue and net profit, reflecting challenging industry-wide demand trends. A 'Stable' risk classification and 2 active flags indicate that operating headwinds are beginning to translate into structural pressure.

🟢 Key Operational & Structural Positives

  • ✓Net Profit Expansion: Profit after tax moved +25.1% YoY and +203.7% QoQ, settling at ₹-21.3 Cr.

⚠️ Key Areas of Watch & Margin Pressures

  • ⚠Resolution of 'Low Interest Coverage': SHALPAINTS: Low Interest Coverage Ratio of -3.33x in FY2027 Q1 (Threshold: 2.5x).
  • ⚠Resolution of 'Industrial Margin Stress': SHALPAINTS: EBITDA margin compressed by 974 bps YoY.
  • ⚠Operating margin pressure: Margin moved -1018 bps YoY, -1662 bps QoQ to -15.3%, monitor overhead and operational cost absorption.

Flagium Risk Signals

Automated Forensic Signals
Quarterly Risk Trajectory (Q4-FY26 | 31 Mar 26 → Q1-FY27 | 30 Jun 26)

Low Interest Coverage • Industrial Margin Stress

CategorySolvency & Leverage
SignalLow Interest Coverage
SeverityCritical

SHALPAINTS: Low Interest Coverage Ratio of -3.33x in FY2027 Q1 (Threshold: 2.5x).

CategoryOperational Efficiency
SignalIndustrial Margin Stress
SeverityModerate

SHALPAINTS: EBITDA margin compressed by 974 bps YoY.

🎙️ Shalimar Paints (SHALPAINTS) Q1 FY27 Concall Intelligence

Management Commentary, Concall Takeaways & Key Discussion Themes

🎙

No earnings call transcript was available

for this reporting period.

Sentinel AI · Q1 FY27 Forensic Copilot

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Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE) for educational and research purposes only. Flagium AI is not registered with SEBI as a Research Analyst or Investment Adviser under SEBI regulations. This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security.

Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered Investment Adviser before acting on any data presented.