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 ₹ 15,054 Cr.
- Current Price ₹ 3,272
- High / Low ₹ 3,615 / 1,660
- Stock P/E 84.7
- Book Value ₹ 141
- Dividend Yield 0.09 %
- ROCE 30.2 %
- ROE 28.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 48.9% CAGR over last 5 years
Cons
- Stock is trading at 23.2 times its book value
- Promoter holding has decreased over last quarter: -2.30%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 180 | 226 | 246 | 318 | 338 | 336 | 361 | 566 | 600 | 616 | 738 | 921 | 971 | |
| 153 | 186 | 205 | 264 | 285 | 277 | 300 | 484 | 512 | 520 | 594 | 666 | 691 | |
| Operating Profit | 26 | 39 | 41 | 54 | 53 | 59 | 60 | 82 | 88 | 96 | 144 | 255 | 280 |
| OPM % | 15% | 17% | 17% | 17% | 16% | 17% | 17% | 15% | 15% | 16% | 20% | 28% | 29% |
| 2 | 3 | 3 | 2 | 2 | 1 | 3 | 9 | 4 | 6 | 7 | 18 | 17 | |
| Interest | 7 | 10 | 8 | 8 | 10 | 11 | 14 | 18 | 19 | 19 | 18 | 16 | 15 |
| Depreciation | 6 | 10 | 13 | 14 | 15 | 18 | 20 | 26 | 33 | 35 | 39 | 45 | 48 |
| Profit before tax | 15 | 21 | 23 | 34 | 30 | 31 | 30 | 46 | 40 | 49 | 95 | 212 | 234 |
| Tax % | 13% | 28% | 32% | 30% | 36% | 23% | 26% | 24% | 25% | 26% | 25% | 24% | |
| 13 | 15 | 16 | 24 | 19 | 24 | 22 | 35 | 30 | 36 | 71 | 161 | 178 | |
| EPS in Rs | 3.13 | 3.72 | 3.81 | 5.74 | 4.63 | 5.67 | 5.29 | 7.66 | 6.53 | 7.88 | 15.43 | 35.10 | 38.69 |
| Dividend Payout % | 13% | 21% | 26% | 26% | 0% | 0% | 0% | 0% | 0% | 13% | 13% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 21% |
| 3 Years: | 15% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 49% |
| 3 Years: | 75% |
| TTM: | 83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 55% |
| 3 Years: | 111% |
| 1 Year: | 49% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 16% |
| 3 Years: | 19% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 70 | 81 | 97 | 116 | 128 | 151 | 174 | 358 | 386 | 422 | 487 | 640 |
| 83 | 67 | 66 | 107 | 120 | 134 | 200 | 175 | 188 | 209 | 188 | 175 | |
| 31 | 34 | 29 | 54 | 56 | 88 | 86 | 133 | 101 | 112 | 186 | 246 | |
| Total Liabilities | 192 | 191 | 200 | 285 | 312 | 381 | 467 | 676 | 685 | 752 | 871 | 1,071 |
| 77 | 97 | 94 | 108 | 145 | 157 | 227 | 329 | 362 | 453 | 477 | 591 | |
| CWIP | 1 | 0 | 4 | 6 | 5 | 46 | 30 | 29 | 55 | 17 | 18 | 29 |
| Investments | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 15 | 21 | 11 | 11 |
| 89 | 93 | 102 | 171 | 161 | 178 | 210 | 309 | 252 | 261 | 365 | 439 | |
| Total Assets | 192 | 191 | 200 | 285 | 312 | 381 | 467 | 676 | 685 | 752 | 871 | 1,071 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 36 | 17 | 5 | 66 | 66 | 22 | 56 | 85 | 74 | 96 | 216 | |
| -38 | 1 | -14 | -26 | -62 | -64 | -82 | -134 | -93 | -92 | -54 | -179 | |
| 32 | -29 | -11 | 20 | -4 | 4 | 53 | 108 | -5 | 5 | -42 | -39 | |
| Net Cash Flow | -1 | 8 | -8 | -0 | 0 | 6 | -6 | 30 | -14 | -13 | -0 | -1 |
| Free Cash Flow | -26 | 8 | -0 | -21 | 2 | 4 | -61 | -60 | -13 | -14 | 27 | 37 |
| CFO/OP | 27% | 103% | 51% | 25% | 145% | 128% | 47% | 76% | 103% | 87% | 77% | 102% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 76 | 58 | 69 | 78 | 64 | 66 | 70 | 64 | 54 | 66 | 73 | 72 |
| Inventory Days | 71 | 67 | 67 | 75 | 75 | 92 | 113 | 114 | 69 | 82 | 121 | 132 |
| Days Payable | 54 | 56 | 48 | 68 | 57 | 96 | 79 | 86 | 48 | 66 | 86 | 74 |
| Cash Conversion Cycle | 93 | 70 | 87 | 85 | 83 | 62 | 105 | 92 | 75 | 82 | 108 | 130 |
| Working Capital Days | 1 | 21 | 24 | 24 | 18 | 4 | 32 | 40 | 3 | 3 | 11 | 12 |
| ROCE % | 16% | 19% | 19% | 21% | 17% | 15% | 13% | 14% | 10% | 11% | 17% | 30% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2028 (P) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Machine Utilization (Across Plants) % |
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| Volume of Polymers Processed MT |
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| Number of Employees Count |
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| Export Revenue Share % |
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| Number of Injection Molding Machines Count |
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| Pen Injector Production Capacity Millions of pens |
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| Pen Injector Volume (Devices Sold) Millions of devices |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication of the pre-despatch notice for the 46th AGM published on August 18, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of Investor Groups Meeting on August 21 2026
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Submission of Transcripts for the Earnings Call Held on August 10, 2026
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Submission of Advertisement on Special Window published in Newspaper on August 15, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of earnings call held on 10 August 2026 uploaded; transcript to follow.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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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:
Home Furnishings, FMCG Packaging,
LED Lights, Toys, Carbon Steel Furniture.
b) Industrial:
Automotive Components, Appliances,
High-Performance Engineering Components, Consumer Electronics, Semiconductor Trays
and Packaging.
c) Healthcare:
Platform Devices, Drug Delivery
Devices, Pharma Packaging.