The invention relates to the technical field of depilatory machines and particularly provides a depilatory paste, which is composed of, by weight, 5-12 parts of calcium thioglycolate, 8-12 parts of potassium thioglycolate, 1.5-3.5 parts of aluminum magnesium silicate, 15-20 parts of maltose, 5-15 parts of hydroxypropyl methyl fibers, 3-10 parts of cetearyl alcohol polyether, 8-12 parts of calcium thioglycolate, 0.5-1.2 parts of vitamin E, 5-8 parts of terramycin, 5-10 parts of provitamin B5, 8-12 parts of propolis, 15-35 parts of glycerin, 0.5-2.5 parts of calcium hydroxide, 0.05-0.8 parts of a preservative, 15-20 parts of vaseline, 8-12 parts of aureomycin, 10-12 parts of honeysuckle extract liquid, 8-12 parts of honey, and 35-45 parts of pure water. The depilatory paste has wide application range and good depilatory effect and can remove hairs within a short time; surface of skin after depilation is smooth, skin damage is low. The depilatory paste can avoid allergy, is safe and effective, has strong depilatory effect, has anti-inflammation and sterilizing effects and skin moisturizing effect, is suitable for general population, and is free of causing symptoms such as skin folliculitis, rubefaction, itching and pain.