Shaily Engineering Plastics Ltd
The Company is engaged in the manufacture and sale of injection moulded precision plastic components, sub-assemblies for various requirements of Original Equipment Manufacturers (OEM).
It also offers secondary operations in plastics like vacuum metalizing, hot stamping, and ultrasonic welding. Its manufacturing facilities are at Savli and Halol, Vadodara, Gujarat. [1]
- Market Cap ₹ 8,941 Cr.
- Current Price ₹ 1,946
- High / Low ₹ 2,800 / 1,373
- Stock P/E 62.9
- Book Value ₹ 123
- Dividend Yield 0.10 %
- ROCE 17.0 %
- ROE 15.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 24.6% CAGR over last 5 years
Cons
- Stock is trading at 15.8 times its book value
- Company has a low return on equity of 10.9% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 151 | 180 | 226 | 246 | 318 | 338 | 336 | 361 | 566 | 600 | 616 | 738 | 900 | |
| 127 | 153 | 186 | 205 | 264 | 285 | 277 | 300 | 484 | 512 | 520 | 594 | 661 | |
| Operating Profit | 24 | 26 | 39 | 41 | 54 | 53 | 59 | 60 | 82 | 88 | 96 | 144 | 240 |
| OPM % | 16% | 15% | 17% | 17% | 17% | 16% | 17% | 17% | 15% | 15% | 16% | 20% | 27% |
| 1 | 2 | 3 | 3 | 2 | 2 | 1 | 3 | 9 | 4 | 6 | 7 | 9 | |
| Interest | 8 | 7 | 10 | 8 | 8 | 10 | 11 | 14 | 18 | 19 | 19 | 18 | 16 |
| Depreciation | 6 | 6 | 10 | 13 | 14 | 15 | 18 | 20 | 26 | 33 | 35 | 39 | 44 |
| Profit before tax | 10 | 15 | 21 | 23 | 34 | 30 | 31 | 30 | 46 | 40 | 49 | 95 | 189 |
| Tax % | 36% | 13% | 28% | 32% | 30% | 36% | 23% | 26% | 24% | 25% | 26% | 25% | |
| 7 | 13 | 15 | 16 | 24 | 19 | 24 | 22 | 35 | 30 | 36 | 71 | 142 | |
| EPS in Rs | 1.80 | 3.13 | 3.72 | 3.81 | 5.74 | 4.63 | 5.67 | 5.29 | 7.66 | 6.53 | 7.88 | 15.43 | 30.95 |
| Dividend Payout % | 0% | 13% | 21% | 26% | 26% | 0% | 0% | 0% | 0% | 0% | 13% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 9% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 25% |
| 3 Years: | 26% |
| TTM: | 169% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 60% |
| 3 Years: | 107% |
| 1 Year: | 28% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 11% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 35 | 70 | 81 | 97 | 116 | 128 | 151 | 174 | 358 | 386 | 422 | 487 | 555 |
| 66 | 83 | 67 | 66 | 107 | 120 | 134 | 200 | 175 | 188 | 209 | 188 | 189 | |
| 35 | 31 | 34 | 29 | 54 | 56 | 88 | 86 | 133 | 101 | 112 | 186 | 217 | |
| Total Liabilities | 144 | 192 | 191 | 200 | 285 | 312 | 381 | 467 | 676 | 685 | 752 | 871 | 971 |
| 47 | 77 | 97 | 94 | 108 | 145 | 157 | 227 | 329 | 362 | 453 | 477 | 531 | |
| CWIP | 3 | 1 | 0 | 4 | 6 | 5 | 46 | 30 | 29 | 55 | 17 | 18 | 21 |
| Investments | 0 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 15 | 21 | 11 | 11 |
| 94 | 89 | 93 | 102 | 171 | 161 | 178 | 210 | 309 | 252 | 261 | 365 | 407 | |
| Total Assets | 144 | 192 | 191 | 200 | 285 | 312 | 381 | 467 | 676 | 685 | 752 | 871 | 971 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 4 | 36 | 17 | 5 | 66 | 66 | 22 | 56 | 85 | 74 | 96 | |
| -32 | -38 | 1 | -14 | -26 | -62 | -64 | -82 | -134 | -93 | -92 | -54 | |
| 12 | 32 | -29 | -11 | 20 | -4 | 4 | 53 | 108 | -5 | 5 | -42 | |
| Net Cash Flow | 1 | -1 | 8 | -8 | -0 | 0 | 6 | -6 | 30 | -14 | -13 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 76 | 58 | 69 | 78 | 64 | 66 | 70 | 64 | 54 | 66 | 73 |
| Inventory Days | 64 | 71 | 67 | 67 | 75 | 75 | 92 | 113 | 114 | 69 | 82 | 121 |
| Days Payable | 114 | 54 | 56 | 48 | 68 | 57 | 96 | 79 | 86 | 48 | 66 | 86 |
| Cash Conversion Cycle | 29 | 93 | 70 | 87 | 85 | 83 | 62 | 105 | 92 | 75 | 82 | 108 |
| Working Capital Days | 8 | 1 | 21 | 24 | 24 | 18 | 4 | 32 | 40 | 3 | 3 | 11 |
| ROCE % | 20% | 16% | 19% | 19% | 21% | 17% | 15% | 13% | 14% | 10% | 11% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20 Feb - Submission of Transcript for the Earnings Call held on February 13 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Feb - Of group meeting on Tuesday February 24 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Feb - Initmation of UBS Conference in Singapore on March 10 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Feb - Investor meetings on 9 March 2026 at Trident BKC, organised by Investec; discussions based on public information.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Feb - Publication of advertisement in Newspaper reagrading Special Window for Re-Lodgement of Transfer Requests of Physical Shares
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Sep 2021TranscriptPPT
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Aug 2021TranscriptAI SummaryPPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Nov 2019TranscriptAI SummaryPPT
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Mar 2018Transcript PPT
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Jan 2016TranscriptAI SummaryPPT
Business Segments[1]
a) Consumer: This segment includes home furnishings, FMCG packaging, LED lights, and toys (via partnership with Spin Master). The company has been awarded new business in the Home Furnishing segment from 2 global retail chains, with supplies expected to start from Q1/Q2 FY26.