Shalimar Paints Ltd
The Shalimar Paint Color & Varnish Company turned into mounted in 1902 in Howrah. Shalimar Paints installation South-East Asia’s first-ever large-scale production plant in 1902 in Howrah, West Bengal. As the agency extended its footprint throughout India, it mounted its 2d production unit in Nashik, Maharashtra in 1992 to cater to the Western region. Shalimar Paints installation its 0.33 production facility in Sikandrabad, U.P. in 2002.
- Total Sales: Rs 332 Cr
- Profit: – 68 Cr
- Market Cap: 419.74 Cr.
- ROE: -29.76 %
- Sales Growth (3Yrs): -9.17 %
- Promoter holding: 53.10 %
- Debt to equity: 0.45
- Price to book value: 1.40
Shalimar soon became the country’s leading paint brand. India’s iconic structures like Rashtrapati Bhavan, Howrah Bridge, Vidyasagar Setu, Salt Lake Stadium, continue to use Shalimar Paints. With access to high-end technology in the industrial coatings segment, Shalimar Paints pioneered aviation coatings, marine paints, and the painting of thermal power plants.
Founded: 1902
Founder: AN Turner, AC Wright
Headquarters: Gurugram, India
Website: Official Website
