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 ₹ 2,837 Cr.
- Current Price ₹ 618
- High / Low ₹ 672 / 200
- Stock P/E 84.7
- Book Value ₹ 90.0
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 7.87 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 6.98 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.5% over last 3 years.
- Promoter holding has decreased over last 3 years: -7.27%
* 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.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
146 | 123 | 151 | 180 | 226 | 246 | 318 | 338 | 336 | 361 | 566 | 600 | 587 | |
125 | 106 | 127 | 153 | 186 | 205 | 264 | 285 | 277 | 300 | 484 | 512 | 495 | |
Operating Profit | 21 | 17 | 24 | 26 | 39 | 41 | 54 | 53 | 59 | 60 | 82 | 88 | 91 |
OPM % | 14% | 14% | 16% | 15% | 17% | 17% | 17% | 16% | 17% | 17% | 15% | 15% | 16% |
1 | 1 | 1 | 2 | 3 | 3 | 2 | 2 | 1 | 3 | 9 | 4 | 6 | |
Interest | 9 | 7 | 8 | 7 | 10 | 8 | 8 | 10 | 11 | 14 | 18 | 19 | 18 |
Depreciation | 5 | 6 | 6 | 6 | 10 | 13 | 14 | 15 | 18 | 20 | 26 | 33 | 35 |
Profit before tax | 8 | 5 | 10 | 15 | 21 | 23 | 34 | 30 | 31 | 30 | 46 | 40 | 44 |
Tax % | 23% | 28% | 36% | 13% | 28% | 32% | 30% | 36% | 23% | 26% | 24% | 25% | |
6 | 4 | 7 | 13 | 15 | 16 | 24 | 19 | 24 | 22 | 35 | 30 | 33 | |
EPS in Rs | 1.74 | 0.99 | 1.80 | 3.13 | 3.72 | 3.81 | 5.74 | 4.63 | 5.67 | 5.29 | 7.66 | 6.53 | 7.30 |
Dividend Payout % | 0% | 0% | 0% | 13% | 21% | 26% | 26% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 14% |
3 Years: | 21% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 5% |
3 Years: | 8% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 47% |
5 Years: | 32% |
3 Years: | 40% |
1 Year: | 198% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 |
Reserves | 25 | 29 | 35 | 70 | 81 | 97 | 116 | 128 | 151 | 174 | 358 | 386 | 404 |
41 | 46 | 66 | 83 | 67 | 66 | 107 | 120 | 134 | 200 | 175 | 187 | 209 | |
27 | 25 | 35 | 31 | 34 | 29 | 54 | 56 | 88 | 86 | 133 | 102 | 127 | |
Total Liabilities | 100 | 107 | 144 | 192 | 191 | 200 | 285 | 312 | 381 | 467 | 676 | 685 | 749 |
39 | 44 | 47 | 77 | 97 | 94 | 108 | 145 | 157 | 227 | 329 | 362 | 353 | |
CWIP | 1 | 1 | 3 | 1 | 0 | 4 | 6 | 5 | 46 | 30 | 29 | 55 | 96 |
Investments | 0 | 0 | 0 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 15 | 21 |
59 | 62 | 94 | 89 | 93 | 102 | 171 | 161 | 178 | 210 | 309 | 252 | 280 | |
Total Assets | 100 | 107 | 144 | 192 | 191 | 200 | 285 | 312 | 381 | 467 | 676 | 685 | 749 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 16 | 21 | 4 | 36 | 17 | 5 | 66 | 66 | 22 | 56 | 85 | |
-4 | -14 | -32 | -38 | 1 | -14 | -26 | -62 | -64 | -82 | -134 | -93 | |
-27 | -1 | 12 | 32 | -29 | -11 | 20 | -4 | 4 | 53 | 108 | -5 | |
Net Cash Flow | -0 | 1 | 1 | -1 | 8 | -8 | -0 | 0 | 6 | -6 | 30 | -14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 87 | 78 | 79 | 76 | 58 | 69 | 78 | 64 | 66 | 70 | 64 | 54 |
Inventory Days | 40 | 66 | 64 | 71 | 67 | 67 | 75 | 75 | 92 | 113 | 114 | 69 |
Days Payable | 92 | 95 | 114 | 54 | 56 | 48 | 68 | 57 | 96 | 79 | 86 | 49 |
Cash Conversion Cycle | 35 | 49 | 29 | 93 | 70 | 87 | 85 | 83 | 62 | 105 | 92 | 74 |
Working Capital Days | 54 | 65 | 60 | 76 | 54 | 79 | 98 | 73 | 59 | 104 | 87 | 78 |
ROCE % | 21% | 15% | 20% | 16% | 19% | 19% | 21% | 17% | 15% | 13% | 14% | 11% |
Documents
Announcements
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Certificate Under Regulation 40(9) Of The SEBI Listing Regulations, 2015
17 Apr - Certificate issued by M/s Samdani Shah & Kabra., Company Secretaries, Vadodara
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Apr - Of Schedule of Analyst / Institutional Investor Meetings under the SEBI (LODR), Regulations 2015.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Apr
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Compliance Certificate For The Period Ending On 31St March 2024
5 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations 2015, for the period ending on 31st March 2024
- Closure of Trading Window 26 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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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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Financial Year 2010
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Financial Year 2009
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Concalls
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Nov 2021Transcript PPT
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Sep 2021TranscriptPPT
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Aug 2021TranscriptNotesPPT
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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 2019TranscriptNotesPPT
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Mar 2018Transcript PPT
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Jan 2016TranscriptNotesPPT
Business Segments
A) Consumer: This segment includes the Home furnishing and Toys business. The company has collaborated with Swedish Home Furnishings major. The company has also ventured in the Toys category with the addition of Toys major Spin Master.[1]
Company has ~48 SKUs and has set up a dedicated EOU facility to serve the requirements of the Home Furnishings Major with more than 46 machines. Supplies across the Globe to different segments: Kitchen, Children’s, Cooking & Eating, Organizing &
Storage.[2]