Shaily Engineering Plastics Ltd
Shaily Engineering Plastics Ltd
Consumer DiscretionaryKey Fundamentals
SmallcapPlastic Products - IndustrialIndustrial ProductsInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Shaily Engineering Plastics Ltd insights
49 extracted metrics + investor summaries across FY13–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 48.9% CAGR over last 5 years
Weaknesses
2- Stock is trading at 23.9 times its book value
- Promoter holding has decreased over last quarter: -2.30%
Growth Rate
AI Analysis — Bull vs Bear
Shaily Engineering Plastics is a mid-cap industrial plastics company with a market cap of approximately ₹15,784 crore, trading at a PE of 89.3x and 22x book value. The company has delivered strong profit growth (49% CAGR over 5 years) and improving ROE (28% last year vs 16% 5-year average), but its valuation multiples are significantly elevated relative to historical earnings and book value.
- Compounded profit growth of 49% CAGR over 5 years demonstrates sustained earnings momentum, far outpacing revenue growth
- Last year ROE surged to 28%, up from a 5-year average of 16%, indicating improving capital efficiency and profitability
- TTM sales growth of 22% shows continued top-line expansion, with FY26 revenue reaching approximately ₹991 crore (26% YoY growth)
- TTM profit growth of 83% indicates accelerating earnings trajectory well above long-term averages
- 10-year compounded sales CAGR of 15% reflects a long track record of consistent revenue scaling
- Debt-to-equity ratio of approximately 0.25 (as of recent filings) suggests a manageable leverage position for a manufacturing company
- Stock CAGR of 42% over 10 years reflects long-term wealth creation with sustained investor interest
- 3-year ROE of 19% is healthy for an industrial products company, indicating consistent shareholder value generation
- PE ratio of 89.3x is extremely elevated, pricing in aggressive future growth with limited margin of safety
- Stock trades at 22x book value (PB of 22.02), implying very high expectations embedded in the current price
- Promoter holding decreased by 2.30% in the last quarter, signaling potential insider confidence concerns
- Dividend yield of just 0.09% offers virtually no income cushion, making returns entirely dependent on capital appreciation
- Stock has appreciated 85% in 1 year and 123% CAGR over 3 years, raising mean-reversion risk at current levels
- Revenue CAGR of 15% over 5 years is modest compared to the 49% profit CAGR, raising questions about how long margin expansion can sustain earnings growth
- As a mid-cap industrial company, Shaily faces cyclicality risks in customer demand from sectors like automotive and consumer goods
- The gap between 10-year profit CAGR (28%) and recent TTM profit growth (83%) suggests current growth rates may not be sustainable long-term
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Q1FY27 profit jumps 46% YoY Aug 8
Standalone net profit rose 46% YoY to ₹52.47 crore for Q1FY27, with revenue growing 22% to ₹274.78 crore driven by strong operational performance.
- Analyst meet on Aug 21 Aug 17
Shaily Engineering will host a group meeting with investors and analysts in Vadodara on August 21, 2026, covering publicly available information.
- Q1FY26 results and dividend date Aug 8
Board approved Q1FY26 results, fixed dividend record date for Sept 11, 2026, and reappointed MD Amit Sanghvi.
- Q1FY27 earnings call on Aug 10 Aug 3
Shaily Engineering will hold an earnings conference call on August 10, 2026 at 4:00 PM IST to discuss operational and financial performance for the quarter ended June 30, 2026.
TL;DR: Shaily Engineering delivered a strong Q1FY27 with 46% profit growth and 22% revenue expansion, signaling robust operational momentum. No visible headwinds emerged in recent news flow. The company is actively engaging investors through analyst meets and earnings calls. The trend appears positive with healthy top-line and bottom-line growth heading into FY27.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 153 | 156 | 145 | 163 | 169 | 180 | 186 | 203 | 225 | 236 | 236 | 224 | 275 |
| Expenses | 130 | 133 | 124 | 135 | 142 | 148 | 148 | 155 | 164 | 168 | 173 | 161 | 189 |
| Operating Profit | 23 | 23 | 21 | 28 | 27 | 31 | 38 | 48 | 61 | 68 | 64 | 63 | 86 |
| OPM % | 15% | 14% | 15% | 17% | 16% | 17% | 20% | 24% | 27% | 29% | 27% | 28% | 31% |
| Other Income | 1 | 3 | 1 | 2 | 1 | 1 | 0 | 5 | 2 | 2 | 0 | 14 | 0 |
| Interest | 4 | 4 | 5 | 5 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| Depreciation | 8 | 8 | 9 | 9 | 10 | 10 | 10 | 10 | 11 | 11 | 12 | 12 | 13 |
| PBT | 12 | 13 | 8 | 16 | 14 | 18 | 24 | 38 | 48 | 55 | 48 | 61 | 70 |
| Tax % | 26% | 25% | 24% | 27% | 30% | 26% | 26% | 23% | 25% | 25% | 25% | 20% | 25% |
| Net Profit | 9 | 10 | 6 | 11 | 10 | 13 | 18 | 30 | 36 | 41 | 36 | 49 | 52 |
| EPS in Rs | 1.89 | 2.15 | 1.36 | 2.48 | 2.13 | 2.93 | 3.95 | 6.43 | 7.83 | 8.93 | 7.76 | 10.59 | 11.41 |
Profit & Loss
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 180 | 226 | 246 | 318 | 338 | 336 | 361 | 566 | 600 | 616 | 738 | 921 | 971 |
| Expenses | 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% |
| Other Income | 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 |
| PBT | 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% | — |
| Net Profit | 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 | 35.1 | 38.69 |
| Div. Payout % | 13% | 21% | 26% | 26% | 0% | 0% | 0% | 0% | 0% | 13% | 13% | 9% | — |
Balance Sheet
| 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 |
| Borrowings | 83 | 67 | 66 | 107 | 120 | 134 | 200 | 175 | 188 | 209 | 188 | 175 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4 | 36 | 17 | 5 | 66 | 66 | 22 | 56 | 85 | 74 | 96 | 216 |
| Investing | -38 | 1 | -14 | -26 | -62 | -64 | -82 | -134 | -93 | -92 | -54 | -179 |
| Financing | 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
| 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% |
Documents
Frequently Asked Questions about Shaily Engineering Plastics Ltd
What does Shaily Engineering Plastics Ltd do?
Where is Shaily Engineering Plastics Ltd (SHAILY) listed?
Which sector does Shaily Engineering Plastics Ltd belong to?
What is the market capitalisation of Shaily Engineering Plastics Ltd?
What is the PE ratio of Shaily Engineering Plastics Ltd?
What is the 52-week high and low of Shaily Engineering Plastics Ltd?
Does Shaily Engineering Plastics Ltd pay dividends?
What is the Return on Equity (ROE) of Shaily Engineering Plastics Ltd?
How can I research Shaily Engineering Plastics Ltd on Tapetide?
Company Information
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]