The Discounted Cash Flow (DCF) valuation of Shalimar Paints Ltd (SHALPAINTS.NS) is (9.00) INR. With the latest stock price at 96.40 INR, the upside of Shalimar Paints Ltd based on DCF is -109.3%.
Based on the latest price of 96.40 INR and our DCF valuation, Shalimar Paints Ltd (SHALPAINTS.NS) is a sell. Selling SHALPAINTS.NS stocks now will result in a potential gain of 109.3%.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
WACC / Discount Rate | 12.2% - 15.0% | 13.6% |
Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
Fair Price | (12.00) - (3.94) | (9.00) |
Upside | -112.4% - -104.1% | -109.3% |
(INR in millions) | Projections | |||||
03-2025 | 03-2026 | 03-2027 | 03-2028 | 03-2029 | 03-2030 | |
Revenue | 5,991 | 6,306 | 6,877 | 7,326 | 7,761 | 8,178 |
% Growth | 12% | 5% | 9% | 7% | 6% | 5% |
Cost of goods sold | (4,354) | (4,354) | (4,511) | (4,565) | (4,594) | (4,599) |
% of Revenue | 73% | 69% | 66% | 62% | 59% | 56% |
Selling, G&A expenses | (793) | (834) | (910) | (970) | (1,027) | (1,082) |
% of Revenue | 13% | 13% | 13% | 13% | 13% | 13% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (1,645) | (1,732) | (1,889) | (2,012) | (2,131) | (2,246) |
% of Revenue | 27% | 27% | 27% | 27% | 27% | 27% |
Tax expense | 0 | 184 | 130 | 66 | (2) | (75) |
Tax rate | 0% | 30% | 30% | 30% | 30% | 30% |
Net profit | (802) | (430) | (303) | (155) | 5 | 175 |
% Margin | -13% | -7% | -4% | -2% | 0% | 2% |