Shaily Engineering Plastics Ltd

Shaily Engineering Plastics Ltd

₹ 1,097 -0.20%
22 Nov - close price
About

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]

Key Points

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]

  • Market Cap 5,040 Cr.
  • Current Price 1,097
  • High / Low 1,188 / 309
  • Stock P/E 68.9
  • Book Value 108
  • Dividend Yield 0.09 %
  • ROCE 14.1 %
  • ROE 13.3 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 10.2 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
145 148 154 175 161 136 134 157 158 158 171 179 192
123 128 135 153 136 117 109 131 134 127 136 144 152
Operating Profit 22 20 19 22 25 19 25 27 24 32 35 35 40
OPM % 15% 14% 13% 13% 16% 14% 19% 17% 15% 20% 20% 20% 21%
1 3 3 2 1 0 1 1 3 1 2 1 1
Interest 4 5 5 4 4 5 5 4 4 5 5 4 5
Depreciation 6 7 7 8 8 8 10 8 8 9 10 10 10
Profit before tax 14 12 11 12 14 7 12 16 14 19 22 22 27
Tax % 24% 23% 26% 24% 28% 19% 15% 19% 23% 22% 10% 20% 17%
10 9 8 9 10 6 10 13 11 15 19 17 22
EPS in Rs 2.26 1.96 1.71 2.07 2.20 1.24 2.16 2.75 2.36 3.17 4.22 3.80 4.78
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
568 607 644 700
485 514 526 558
Operating Profit 82 93 118 142
OPM % 15% 15% 18% 20%
9 4 6 4
Interest 18 19 19 19
Depreciation 27 33 36 40
Profit before tax 47 45 70 88
Tax % 24% 22% 18%
35 35 57 73
EPS in Rs 7.68 7.66 12.49 15.97
Dividend Payout % -0% -0% 8%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 88%
Stock Price CAGR
10 Years: 52%
5 Years: 52%
3 Years: 46%
1 Year: 214%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9
Reserves 358 392 450 486
175 188 209 176
135 103 114 144
Total Liabilities 677 693 782 815
333 367 473 474
CWIP 29 68 20 27
Investments -0 -0 -0 -0
316 257 289 314
Total Assets 677 693 782 815

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
55 90 92
-129 -101 -94
108 -5 5
Net Cash Flow 34 -16 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 65 55 67
Inventory Days 114 69 82
Days Payable 87 50 68
Cash Conversion Cycle 92 74 81
Working Capital Days 88 79 85
ROCE % 11% 14%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
46.29% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81%
3.48% 6.10% 6.94% 7.13% 7.12% 7.13% 7.12% 7.01% 7.00% 6.64% 2.04% 3.11%
13.39% 13.53% 13.83% 14.35% 14.37% 14.10% 13.84% 13.82% 12.99% 7.70% 9.50% 12.35%
36.84% 36.56% 35.42% 34.71% 34.70% 34.95% 35.23% 35.36% 36.20% 41.86% 44.67% 40.73%
No. of Shareholders 4,4804,6354,7974,9995,1315,2575,7296,2368,3399,20810,63215,255

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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