SHAILYConsumer Durables

Shaily Engineering Plastics Limited

Plastic Products - Consumer · ISIN INE151G01028 · BSE 501423 · NSE EQ · FV ₹2
Last price
₹2,985
+0.80%today
What this company does

Shaily Engineering Plastics Limited operates in Plastic Products - Consumer, part of the Consumer Durables sector. It booked ₹320 cr of revenue in its latest quarter (Q2 FY27) and kept 19.2% of sales as profit. It is the largest of 8 Plastic Products - Consumer companies we track, by market value.

In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 29–45 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns94

How much profit it earns on the money it employs

Balance sheet46

How much it owes, and whether earnings cover the interest

Cash quality54

Whether reported profit actually arrives as cash

Growth & consistency81

Whether sales and profit have grown, and how steadily

Valuation2

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthy
Strengths
✓ Makes a profit
✓ Strong 19% net margin
✓ Sales up 24% vs last year
✓ Profit up 20% vs last year
✓ Promoters hold 41%
✓ No promoter shares pledged
✓ Strong 29% return on equity
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in SHAILY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,985▲ +0.80%
latest close · 2026-11-04
52-wk low ₹2,71274 sessions so far52-wk high ₹3,615
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio16.45High
Below bookModerateHigh
EV / EBITDA34.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity29.4%Strong
WeakFairStrong ▸15%
Return on capital38.8%Strong
WeakFairStrong
Net margin19.2%Strong
ThinDecentStrong
EBITDA margin31.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.21Comfortable
LowModerateHigh ▸1
Interest cover29.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.37Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹13,730 cr
Book value
₹181
EPS
₹0.00
latest quarter
Net debt
₹136 cr
owes more than its cash
Enterprise value
₹13,866 cr
EBITDA
₹407 cr
annualised
EBIT
₹350 cr
annualised
Operating margin
27.4%
Return on assets
18.8%
Earnings yield
—
P/S
10.74
Sales / share
₹277.9
Tax rate
27.5%
Face value
₹2
Shares
4.6 cr
Working capital
₹148 cr
Current assets
₹547 cr
Current liabilities
₹399 cr
Delivery %
46.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹132–₹342, midpoint ₹311

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹320 cr
Other Income₹5 cr
Total Income₹324 cr
Cost of Materials₹134 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹35 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹14 cr
Other Expenses₹60 cr
Total Expenses₹240 cr
Profit before Tax₹85 cr
Tax Expense₹23 cr
Net Profit₹61 cr
Net margin on total income18.9%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹128 cr39.4%
Employee benefit expense₹35 cr10.7%
Finance costs₹3 cr0.9%
Depreciation & amortisation₹14 cr4.4%
Other expenses₹60 cr18.5%
Tax expense₹23 cr7.2%
Profit for the period₹61 cr18.9%
Total income ₹324 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue237 cr281 cr320 cr
Total income240 cr281 cr324 cr
Expenses188 cr215 cr240 cr
Profit before tax52 cr66 cr85 cr
Tax12 cr18 cr23 cr
Net profit (owners' share)40 cr48 cr61 cr
Net margin (owners' share, on revenue)17.0%17.1%19.2%
EPS (₹)0.000.000.00
YoY (latest quarter): total income +25.2% · net profit +19.5%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹1,301 cr
Shareholder equity
₹835 cr
parent shareholders
Total debt
₹177 cr
Cash
₹41 cr
Cash flow · H1 FY27
Operating
₹110 cr
Investing
₹-89 cr
Financing
₹-68 L
Peer comparison
Plastic Products - Consumer · by market value
CompanyPriceMarket capP/E
Shaily Engineering Plastics Limitedthis company₹2,961₹13,621 cr—
Safari Industries (India) Limited₹1,215₹5,951 cr31.2
VIP Industries Limited₹245₹3,477 cr—
Nilkamal Limited₹1,898₹2,832 cr10.4
PIL ITALICA LIFESTYLE LIMITED₹7₹164 cr174.8
AVRO INDIA LIMITED₹5₹74 cr27.5
Tokyo Plast International Limited₹78₹74 cr—
Pearl Polymers Limited₹16₹27 cr2.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.10%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹3 / share11 Sep 2026
Dividend₹2 / share19 Sep 2025
Dividend₹1 / share13 Sep 2024
Stock splitStock Split From Rs.10/- to Rs.2/-23 Nov 2023
Dividend₹7.5 / share2 Aug 2018
Dividend₹5 / share31 Aug 2017
Who owns it · 2026-09-30
No pledge
Promoter
41.1%
FII / Foreign
19.4%
DII / Domestic
16.1%
Retail / others
23.3%
Promoter stake down 2.7% over the last 12 quarters.
Smart-money activity
Insider trades
SoldPrajapati Himanshu S · Designated Person600 · ₹20.7 L12 Aug 26
SoldPrajapati Himanshu S · Designated Person600 · ₹20.7 L12 Aug 26
SoldJignesh Manubhai Shah · Designated Person400 · ₹14.1 L11 Aug 26
Bulk / block deals
short— · NSE528 Sep 26
short— · NSE97 Sep 26
short— · NSE83 Sep 26
Stake changes
SoldVanita L Nagda · promoter→ 0.00% · 10.44 L18 Jun 26
BoughtSMALLCAP World Fund, Inc.→ 7.62% · 9.83 L15 Apr 26
SoldMotilal Oswal Balanced Advantage Fund→ 5.31% · 14.09 L12 Mar 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Sep 2026
See the official result
1
Adoption of the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
1.36 cr votes for, 6 against · 0% of mutual funds and other big investors said no
2
Declaration of dividend on Equity Shares for the financial year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
1.36 cr votes for, 4 against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Mahendra Sanghvi (DIN: 00084162), as a Director, who retires by rotation and being eligible, offers himself for re-appointment
Backed by 94% of shareholders other than promotersneeded 50%
1.28 cr votes for, 7.80 L against · 6% of mutual funds and other big investors said no
4
Ratification of Remuneration payable to the Cost Auditors for the F.Y. 2026-27
Backed by 100% of shareholders other than promotersneeded 50%
1.36 cr votes for, 77 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 41.1% between them · as of 2026-09-30
TILOTTAMA SANGHVI14.00%
JAYESSH MOHANLAL SHAH8.29%
MAHENDRA BHOGILAL SANGHVI7.24%
LAXMAN SANGHVI5.07%
SHAILY MAHENDRA SANGHVI2.83%
AMIT MAHENDRA SANGHVI2.62%
KALPANA LAXMAN SANGHVI0.82%
RAMESH H SHAH0.12%
Business done with them
FY2025 · 2 of the group
The company paid ₹96.6 L to companies in the promoter group last year — about 0.1% of its ₹787 cr revenue.
TILOTTAMA SANGHVI
Other payments to them · Refer Text Block
also owns 14.00% of the company
₹72.8 L
company paid
LAXMAN SANGHVI
Other payments to them · Refer Text Block
also owns 5.07% of the company
₹23.8 L
company paid

The company also transacted with 5 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.