Shaily Engineering Plastics share price
NSE: SHAILYBSE: 501423Consumer DurablesSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹3,081.30.
28 Oct: open ₹3,071.00, high ₹3,157.60, low ₹3,026.50
- Next results date: the board meets on 29 Oct 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹14,023 Cr533rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 79.31
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 19.57
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.10%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 28.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 27.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.24
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,27,30668.4% delivered
About Shaily Engineering Plastics
Shaily Engineering Plastics Limited makes high-precision injection-moulded plastic components and products from its base near Vadodara, Gujarat, for healthcare, consumer and industrial customers in India and abroad.12 Its healthcare business designs, develops and manufactures drug-delivery devices such as pen injectors and auto-injectors for pharmaceutical companies.3
Its consumer business makes parts and finished products for home furnishings, FMCG (everyday consumer goods) packaging, appliances and toys, as well as carbon-steel furniture components; its industrial business makes automotive components, LED lighting parts and high-performance engineering components.45 Its own drug-delivery device platforms are ShailyPen Axiom, ShailyPen Protean, ShailyPen Neo, ShailyPen Axiom Max, ShailyPen Harmony, ShailyPen Maxim, Shaily AI Tristan, Shaily AI Toby, Shaily Mira and ShailySafe LAN.6 In the quarter to Mar 2026 it began supplying precision internal components to its first consumer electronics customer, and it has signed an agreement with a Korean technology partner to make conductive chip trays, serving semiconductor assembly and test customers first.7
It was incorporated in 1980.8 Its promoters include Mahendra (Mike) Sanghvi, Executive Chairman, whose son Amit Sanghvi is Managing Director.910 Its wholly owned subsidiaries, Shaily Innovations Limited in the United Kingdom and Shaily Innovations FZCO in Dubai, carry out design and development work for drug-delivery devices.11
Shaily Engineering Plastics key points
Results
- In the quarter to Jun 2026, consolidated revenue rose 14% to ₹281 crore from ₹247 crore, EBITDA (earnings before interest, tax, depreciation and amortisation) rose 18% to ₹83 crore from ₹70 crore, and profit after tax rose 17% to ₹48 crore from ₹41 crore.12
- In the year to Mar 2026, consolidated revenue rose 25.91% to ₹990.67 crore and EBITDA rose 61.28% to ₹287.7 crore, with the EBITDA margin at 29.0% against 22.7% a year earlier.13
- Consolidated profit after tax for the year to Mar 2026 was ₹169.9 crore, up 82.5% from ₹93.1 crore a year earlier.14
Market position
- The company says it held roughly a 70% share among the first 6 companies to file for approval of semaglutide (a diabetes and weight-management drug) in a device in Canada, as of its annual report for the year to Mar 2026.15
Business segments
- Revenue by segment1617Healthcare was about 51% of consolidated revenue in the quarter to Jun 2026, the largest segment.
Item quarter to Jun 2026 quarter to Jun 2025 Healthcare ₹142 crore ₹77 crore Consumer ₹116 crore ₹151 crore Industrial ₹23 crore ₹18 crore - Healthcare. Healthcare revenue rose 139% to ₹392.8 crore in the year to Mar 2026 from ₹164.7 crore, lifting healthcare's share of consolidated revenue to about 40% from about 21%.18
- Consumer. Consumer revenue was about ₹511.3 crore in the year to Mar 2026. In the quarter to Jun 2026, the company said softer home-furnishings demand in Europe and the United States, the consumer business's largest export markets, weighed on its performance.1920
- Industrial. Industrial revenue rose 41% to ₹86.6 crore in the year to Mar 2026, with new business in power-tool and LED-light components, the company says.21
Where revenue comes from
- Exports were about 58% of consolidated revenue in the quarter to Jun 2026, against 76% a year earlier; the company links the shift to healthcare products supplied to global markets through its Indian pharmaceutical customers.22
- In the year to Mar 2026, the company's international revenue came from 31+ countries.23
Plants and capacity
- The company's plants at Rania and Halol in Gujarat run over 200 moulding machines of 35 tons to 1,000 tons.24
- On its earnings call of 10 Aug 2026, the company said 25 million pens of added capacity was expected by the end of September 2026, taking installed pen-injector capacity to about 75 million a year; its documents give no later update.25
- On its earnings call of 10 Aug 2026, the company said its Abu Dhabi plant should start commercial sales by the end of the year to Mar 2028, with roughly 50% to 55% of capacity covered by customer commitments and indications.26
Customers and partners
- Named healthcare customers include Dr. Reddy's Laboratories, Orbicular Pharmaceutical Technologies, Hetero Pharma, MSN Laboratories, Aspen Pharma, Sanofi, Merck S.A., Eugia Pharma, Ambiorix and Adalvo Pharma.27
- Consumer customers include IKEA, Unilever, P&G, Gillette, Corvi, Lidl and Lowe's, with several customer relationships spanning 10 to 25 years.28
- On a standalone basis, one customer bought ₹45,238.38 lakh in the year to Mar 2026 (₹42,656.24 lakh a year earlier), against total revenue from sale of products and services of ₹91,136.50 lakh.2930
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it expects about 36 million pens in the year to Mar 2027 and about 50 million the year after; on its 10 Aug 2026 call, it said output could exceed that.3132
- The company stated in its annual report for the year to Mar 2026 that it expects annual revenue growth above 25% and healthcare above 50% of revenue over the medium term.33
- The company stated in its annual report for the year to Mar 2026 that it expects commercial supply of conductive chip trays to semiconductor customers to begin in the quarter to Mar 2027.34
- On its earnings call of 10 Aug 2026, the company said the consumer business would probably not grow this year and would hold at the level of the year to Mar 2026.35
Recent events
- On 25 Sep 2026, CARE Ratings upgraded the credit rating (an agency's view of ability to repay debt) on its short-term bank facilities to CARE A1+ from CARE A1 and reaffirmed its long-term rating of CARE A+ with a stable outlook.36
- On 20 May 2026, the company said partner Orbicular Pharmaceutical Technologies had launched a generic semaglutide injection in Canada using its ShailyPen Neo pen; the product has been sold in India since March 2026 and holds US FDA tentative approval (approval awaiting patent expiry).37
- On 25 Feb 2026, the company signed a contract worth about ₹423 crore with a large domestic pharmaceutical company, which it did not name, to supply pen injectors over 4 years.38
Last updated
All 38 sources, each with its page
- 1. Annual report, 9 Sep 2026, page 57
- 2. Annual report, 9 Sep 2026, page 5
- 3. Exchange filing, 20 May 2026, page 3
- 4. Annual report, 9 Sep 2026, page 18
- 5. Annual report, 9 Sep 2026, page 30
- 6. Annual report, 9 Sep 2026, page 13
- 7. Annual report, 9 Sep 2026, page 9
- 8. Annual report, 9 Sep 2026, page 56
- 9. Annual report, 9 Sep 2026, page 32
- 10. Annual report, 9 Sep 2026, page 92
- 11. Annual report, 9 Sep 2026, page 38
- 12. Earnings call, 10 Aug 2026, page 5
- 13. Annual report, 9 Sep 2026, page 18
- 14. Annual report, 9 Sep 2026, page 37
- 15. Annual report, 9 Sep 2026, page 15
- 16. Earnings call, 10 Aug 2026, page 5
- 17. Earnings call, 10 Aug 2026, page 4
- 18. Annual report, 9 Sep 2026, page 10
- 19. Annual report, 9 Sep 2026, page 36
- 20. Earnings call, 10 Aug 2026, page 4
- 21. Annual report, 9 Sep 2026, page 31
- 22. Earnings call, 10 Aug 2026, page 5
- 23. Annual report, 9 Sep 2026, page 7
- 24. Investor presentation, 8 Aug 2026, page 13
- 25. Earnings call, 10 Aug 2026, page 4
- 26. Earnings call, 10 Aug 2026, page 8
- 27. Annual report, 9 Sep 2026, page 5
- 28. Annual report, 9 Sep 2026, page 36
- 29. Annual report, 9 Sep 2026, page 166
- 30. Annual report, 9 Sep 2026, page 166
- 31. Annual report, 9 Sep 2026, page 16
- 32. Earnings call, 10 Aug 2026, page 6
- 33. Annual report, 9 Sep 2026, page 14
- 34. Annual report, 9 Sep 2026, page 9
- 35. Earnings call, 10 Aug 2026, page 11
- 36. Exchange filing, 26 Sep 2026, page 1
- 37. Exchange filing, 20 May 2026, page 2
- 38. Exchange filing, 25 Feb 2026, page 1
Results
Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore.Shaily Engineering Plastics quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +20.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +51.3%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹275 Crup 22.63%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹52 Crup 7.78%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.1%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 180 | 186 | 203 | 225 | 236 | 236 | 224 | 275 |
| Net profit | 14 | 18 | 30 | 36 | 41 | 36 | 49 | 52 |
| Net margin | 7.6% | 9.7% | 14.5% | 16.0% | 17.4% | 15.1% | 21.7% | 19.1% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹921 Crup 24.80%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹161 Crup 127.50%
- Net margin
- 17.5%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 246 | 320 | 338 | 336 | 361 | 566 | 600 | 616 | 738 | 921 |
| Net profit | 16 | 24 | 19 | 24 | 22 | 35 | 30 | 36 | 71 | 161 |
| Net margin | 6.4% | 7.5% | 5.7% | 7.0% | 6.1% | 6.2% | 5.0% | 5.9% | 9.6% | 17.5% |
Business segments
In the year to Mar 2026 the company reports one business segment, Customised components and products of plastic and other materials, which carries all its revenue.
Valuation
Today, against the company's own history.Shaily Engineering Plastics PE ratio and valuation
At or below today's level on 87% of 2,478 trading days over the last 10 years.
At or below today's level on 95% of 1,958 trading days since Nov 2018.
At or below today's level on 97% of 2,474 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +14.2% | +127.2% | −49.8% | 0.1% |
| 3 years | +116.6% | +75.1% | +23.6% | 0.1% |
| 5 years | +59.7% | +46.0% | +9.3% | 0.1% |
Mutual fund holdings
44 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 16 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 44 funds holding Shaily Engineering Plastics
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 12
- CutCut. Funds that held fewer shares than at the end of the month before.
- 4
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 26
| Fund | |||
|---|---|---|---|
| 10,95,895 | 0.94% | ₹335.7 Cr | |
| 6,68,063 | 4.18% | ₹204.6 Cr | |
| 6,04,398 | 4.02% | ₹185.1 Cr | |
| 5,08,641 | 1.88% | ₹155.8 Cr | |
| 4,61,745 | 2.31% | ₹141.4 Cr | |
| 3,87,953 | 0.65% | ₹118.8 Cr | |
| 3,63,927 | 0.78% | ₹111.5 Cr | |
| 2,10,278 | 0.92% | ₹64.4 Cr | |
| 1,63,823 | 1.29% | ₹50.2 Cr | |
| 1,59,307 | 1.33% | ₹48.8 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Shaily Engineering Plastics insider trading
- Promoters and promoter group0 purchases, 2 salesNo purchase₹39 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹39 Cr
- Directors and key managers0 purchases, 4 salesNo purchase₹1.32 CrNet−₹1.32 Cr
- Others1 purchase, 38 sales₹0.01 Cr₹2.32 CrNet−₹2.31 Cr6 pledges created · 1 pledge filing of unclear kind · 3 off-market moves
Shaily Engineering Plastics competitors and peers
Plastic Products - Consumer, 14 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Shaily Engineering Plastics in market cap.Consumer durables companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 6,007 | 36.48 | 5.39 | +14.0% | +10.6% | 15.9% | 17.5% | 0.33% | |
| 3,576 | – | 12.35 | −10.8% | – | −83.6% | −57.6% | 0.00% | |
| 2,632 | 21.11 | 1.67 | +7.6% | +20.6% | 8.1% | 10.8% | 1.13% | |
| 578 | 21.42 | 3.29 | – | – | 15.4% | – | 0.00% | |
| 258 | – | 1.76 | −26.2% | −200.9% | −7.2% | −6.9% | 0.00% | |
| 222 | 34.37 | 11.36 | – | – | 33.0% | – | 0.00% | |
| 163 | 71.04 | 1.93 | −6.6% | −57.0% | 2.8% | 4.2% | 0.00% | |
| 135 | – | – | −5.2% | – | – | – | 1.63% |
Dividends
Per share, by the year it was paid for, and the latest payments.Shaily Engineering Plastics dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 11 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹3.00 |
| 19 Sep 2025 | Final | ₹2.00 |
| 13 Sep 2024 | Final | ₹1.00 |
Latest announcements
Routine notices left out.Shaily Engineering Plastics announcements
Oct 2026
22 Oct · Analysts
Sep 2026
28 Sep · Meeting
26 Sep · Rating
21 Sep · Analysts
Shaily Engineering Plastics share price by year
Each calendar year to 2025.Shaily Engineering Plastics share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,261.60 | +57.1% | 2,748.90 | 1,328.55 |
| 2024 | 1,439.60 | +328.3% | 1,519.00 | 318.75 |
| 2023 | 336.15 | +6.1% | 376.08 | 193.75 |
| 2022BSE close | 316.92 | −18.2% | 448.33 | 306.89 |
| 2021BSE close | 387.61 | +159.6% | 401.29 | 152.44 |
| 2020BSE close | 149.30 | +17.8% | 162.50 | 38.38 |
| 2019BSE close | 126.75 | −31.8% | 193.29 | 103.88 |
| 2018BSE close | 185.72 | −3.3% | 294.22 | 166.09 |
| 2017BSE close | 191.97 | +87.5% | 201.08 | 98.80 |
| 2016BSE close | 102.40 | −20.0% | 137.90 | 92.40 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 2,958.50 | 3,116.20 | 2,945.50 | 3,081.30 | 3,070.79 | 74,477 | 40.2% |
| 26 Oct 2026 | 2,907.80 | 3,021.20 | 2,856.80 | 2,985.10 | 2,952.95 | 85,554 | 34.6% |
| 23 Oct 2026 | 2,987.00 | 3,014.50 | 2,712.10 | 2,937.20 | 2,870.43 | 1,96,569 | 38.6% |
| 22 Oct 2026 | 3,012.10 | 3,020.00 | 2,861.50 | 2,987.00 | 2,936.58 | 1,66,587 | 43.2% |
| 21 Oct 2026 | 3,100.00 | 3,178.10 | 2,904.00 | 3,023.30 | 2,988.60 | 1,83,857 | 46.6% |
| 19 Oct 2026 | 3,125.20 | 3,227.90 | 3,085.40 | 3,105.20 | 3,142.21 | 1,26,810 | 44.6% |
| 16 Oct 2026 | 3,083.00 | 3,150.00 | 3,071.10 | 3,109.70 | 3,111.88 | 1,61,493 | 65.2% |
| 15 Oct 2026 | 3,113.50 | 3,120.00 | 3,069.00 | 3,083.30 | 3,092.45 | 90,748 | 57.0% |
| 14 Oct 2026 | 3,159.00 | 3,188.00 | 3,111.60 | 3,137.90 | 3,163.13 | 85,861 | 53.3% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 23 Nov 2023 | Split | 0.2000 | Each share became 5. |
Company details
- NSE symbol
- SHAILY
- BSE code
- 501423
- ISIN
- INE151G01028
- Industry
- Consumer Durables
- Website
- www.shaily.com
- CIN
- L51900GJ1980PLC065554
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1980
- Registered office
- Survey No. 364 / 366, At & Post Rania 391780, Tal: Savli, Vadodara 391110, Gujarat
- Share registrar
- Bigshare Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments