Shalimar Paints (BOM:509874) EV-to-FCF: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:509874 Shalimar Paints Ltd BOM:509874
47 GF Score
Price ₹69.78
GF Value ₹134.61
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Shalimar Paints EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Shalimar Paints's Enterprise Value is ₹6,982 Mil. Shalimar Paints's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Shalimar Paints's EV-to-FCF for today is .

The historical rank and industry rank for Shalimar Paints's EV-to-FCF or its related term are showing as below:

BOM:509874' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 52.59
Current: 52.59

During the past 13 years, the highest EV-to-FCF of Shalimar Paints was 52.59. The lowest was 0.00. And the median was 0.00.

BOM:509874's EV-to-FCF is ranked worse than
77.48% of 928 companies
in the Chemicals industry
Industry Median: 21.205 vs BOM:509874: 52.59

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-28), Shalimar Paints's stock price is ₹69.78. Shalimar Paints's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-7.740. Therefore, Shalimar Paints's PE Ratio (TTM) for today is At Loss.


Shalimar Paints  (BOM:509874) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Shalimar Paints's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=69.78/-7.740
=At Loss

Shalimar Paints's share price for today is ₹69.78.
Shalimar Paints's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-7.740.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Shalimar Paints EV-to-FCF Related Terms


Shalimar Paints EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Shalimar Paints's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shalimar Paints EV-to-FCF Chart

Shalimar Paints Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.13 -18.64 -37.49 -10.27 31.61

Shalimar Paints Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.27 0.00 0.00 0.00 31.61

BOM:509874 vs LIN, SHW, ECL: EV-to-FCF Comparison

For the Specialty Chemicals subindustry, Shalimar Paints's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shalimar Paints EV-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shalimar Paints's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Shalimar Paints's EV-to-FCF falls into.


BOM:509874
47GF Score
Shalimar Paints Ltd BOM:509874
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shalimar Paints EV-to-FCF Calculation

Shalimar Paints's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6982.166/0
=

Shalimar Paints's current Enterprise Value is ₹6,982 Mil.
Shalimar Paints's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Shalimar Paints (BOM:509874) Overvalued in 2026?

Based on GuruFocus' analysis, Shalimar Paints stock appears to be undervalued. The current stock price of ₹69.78 is trading 48.2% below its estimated GF Value™ of ₹134.61. GuruFocus considers Shalimar Paints to be Possible Value Trap.

Key valuation signals for BOM:509874:

  • EV-to-FCF:
  • GF Value™: ₹134.61 vs. price of ₹69.78 (48.2% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the BOM:509874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shalimar Paints Business Description

Other Exchanges SHALPAINTS:India
Address Road No. 16Z, Plot No. A184 and A185, Olethia Business Spaces, Opposite Ashar IT Park, Wagle Industrial Estate, Thane, MH, IND, 400604
Shalimar Paints Ltd is an Indian-based firm that is engaged in the manufacturing, selling, and distribution of paints, varnishes, enamels, and lacquers products. The company operates in one segment which is manufacturing and sale of paints. Its product offerings comprise Interior wall paints, Exterior wall paints, distempers, primers, putty, heavy-duty protective coating, GI coating, packaging coating, and others. Geographically, the company derives a majority of its revenue from its customers located in India.
47GF Score

Get the complete analysis for BOM:509874

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹69.78
Price
₹134.61
GF Value