Shalimar Paints Limited

rs,

mited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 BSE Scrip Code: 509874 National Stock Exchange of India Ltd

13%

iatives  Performance Snapshot 3 Company Overview 3 2 Y F 4 Q 3 2 0 2 Y F 11,835 Volume (KL) 13% YoY 41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 %

12%

ot 3 Company Overview 3 2 Y F 4 Q 3 2 0 2 Y F 11,835 Volume (KL) 13% YoY 41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%)

₹ 139.3

mpany Overview 3 2 Y F 4 Q 3 2 0 2 Y F 11,835 Volume (KL) 13% YoY 41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement o

29%

Q 3 2 0 2 Y F 11,835 Volume (KL) 13% YoY 41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement of 2 % Q-o-Q 27.0 %

₹ 492.8

2 Y F 11,835 Volume (KL) 13% YoY 41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement of 2 % Q-o-Q 27.0 % Gross Margin (

36 %

13% YoY 41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement of 2 % Q-o-Q 27.0 % Gross Margin (%) Improvement of 2

28.0 %

41,506 Volume (KL) 12% YoY ₹ 139.3 Revenue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement of 2 % Q-o-Q 27.0 % Gross Margin (%) Improvement of 2 % Y-o-Y ₹ -

2 %

venue (Rs cr) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement of 2 % Q-o-Q 27.0 % Gross Margin (%) Improvement of 2 % Y-o-Y ₹ -2.60 EBITDA (Rs cr) ₹ -7.54 EBITDA (R

27.0 %

r) 29% YoY ₹ 492.8 Revenue (Rs cr) 36 % YoY 28.0 % Gross Margin (%) Improvement of 2 % Q-o-Q 27.0 % Gross Margin (%) Improvement of 2 % Y-o-Y ₹ -2.60 EBITDA (Rs cr) ₹ -7.54 EBITDA (Rs cr) 4 Our

7.0 %

neral and 5 Product Performance Decorative Paints Industrial Paints Q4FY23 8,011 Volume (KL) 7.0 % YoY FY2023 28,966 Volume (KL) 6.0 % YoY Q4FY23 3,824 Volume (KL) 27.0 % YoY FY2023 12,540 V

6.0 %

rative Paints Industrial Paints Q4FY23 8,011 Volume (KL) 7.0 % YoY FY2023 28,966 Volume (KL) 6.0 % YoY Q4FY23 3,824 Volume (KL) 27.0 % YoY FY2023 12,540 Volume (KL) 27.0 % YoY ₹ 80 Net Revenu

PROMO PRODUCT LAUNCH

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PROMO SCHEME LAUNCHED

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Investor Relations Advisors

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PROMO SCHEME LAUNCHED

Buy 20L of Stay Clean between 18th and 25th April Get 1 Shalimar Masking Film Packaging Upgrades in Q4 Premium Water based Emulsions – New packaging going in production from May S H A K T I W T C P WA L L P U T T Y W e a t h e r P R O + S i g n a t u r e X t r a To u g h 9 FY23 : New Dealer performance 1458 NEW DEALERS 47.63 Crs SALE 13% CONTRIBUTION TO NET SALE 428 378 334 318 17.67 14.45 4.54 4.67 10.90 4.61 2.54 1.38 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY23 Q2FY23 Q3FY23 Q4FY23 New Dealer Additions Sales (in Crores) from new dealers Yield per dealer (in lacs) 10 Performance Snapshot Decorative Paint Performance Historical Decorative Paint performance : Y-o-Y Value growth (in Cr) every quarter 23% 87 23% 90 71 73 +28% 92 72 +36% 353 260 Gross Revenue Rs. In Crs 91% 84 44 Q1FY22 Q1FY23 Q2FY22 Q2FY23 Q3FY22 Q3FY23 Q4FY22 Q4FY23 FY22 FY23 Volume (KL) 23% 6,675 5,410 -2% 1% 7,360 7,182 7,009 7,098 +7% 7,470 8,011 +6% 27,249 28,966 Q1FY22 Q1FY23 Q2FY22 Q2FY23 Q3FY22

Investor Relations Advisors

Shalimar Paints Limited CIN: L24222HR1902PLC065611 Mr. Mohit Kumar Donter – Chief Financial Officer mohit.donter@shalimarpaints.com www.shalimarpaints.com Orient Capital (a division of Link Group) Mr. Ronak Jain +91 98209 50544 ronak.jain@linkintime.co.in