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 ₹ 13,346 Cr.
- Current Price ₹ 2,902
- High / Low ₹ 3,234 / 1,534
- Stock P/E 82.7
- Book Value ₹ 141
- Dividend Yield 0.07 %
- 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 20.5 times its book value
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 180 | 226 | 246 | 318 | 338 | 336 | 361 | 566 | 600 | 616 | 738 | 921 | |
| 153 | 186 | 205 | 264 | 285 | 277 | 300 | 484 | 512 | 520 | 594 | 666 | |
| Operating Profit | 26 | 39 | 41 | 54 | 53 | 59 | 60 | 82 | 88 | 96 | 144 | 255 |
| OPM % | 15% | 17% | 17% | 17% | 16% | 17% | 17% | 15% | 15% | 16% | 20% | 28% |
| 2 | 3 | 3 | 2 | 2 | 1 | 3 | 9 | 4 | 6 | 7 | 18 | |
| Interest | 7 | 10 | 8 | 8 | 10 | 11 | 14 | 18 | 19 | 19 | 18 | 16 |
| Depreciation | 6 | 10 | 13 | 14 | 15 | 18 | 20 | 26 | 33 | 35 | 39 | 45 |
| Profit before tax | 15 | 21 | 23 | 34 | 30 | 31 | 30 | 46 | 40 | 49 | 95 | 212 |
| 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 | |
| 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 |
| 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: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 49% |
| 3 Years: | 75% |
| TTM: | 128% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 56% |
| 3 Years: | 114% |
| 1 Year: | 78% |
| 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
- Closure of Trading Window 25 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Jun - Intimation of Advertisement published in Newspaper for Special Window on June 16, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Jun - Shaily Engineering Plastics to attend Systematix investor conference on 16 June 2026 in Mumbai.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
27 May - Submission of Transcripts for the Earnings Call held on May 20 2026 to discuss the Financial and Operational Performance for Q4FY26
Annual reports
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Financial Year 2025
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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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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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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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Feb 2023Transcript PPT
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Nov 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.