Shaily Engineering Plastics logo

Shaily Engineering Plastics share price

NSE: SHAILYBSE: 501423Consumer DurablesSmall Cap

Shaily Engineering Plastics Limited · Face value ₹2 · Listed Jul 1980 on BSE, Apr 2022 on NSE
Last close ₹3,048.70down ₹32.60 (1.06%)BSE ₹3,052.15

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

52-week range of traded prices to 28 Oct 2026
₹1,770.90Low, 15 Apr 2026₹3,615.20High, 11 Aug 2026
Market cap
₹14,023 Cr533rd largest listed
P/E
79.31
P/B
19.57
Dividend yield
0.10%
ROE
28.0%
ROCE
27.2%
Debt to equity
0.24
Volume, NSE
2,27,30668.4% delivered

Shaily Engineering Plastics share price chart

Daily closes since Oct 2009, BSE closes Oct 2009 to Apr 2022, adjusted for splits and bonuses

+20.0%over a year · Nifty Microcap 250 +2.3% · Nifty 500 −8.8%

Results20-session average 1,13,269 shares a day, 48.0% 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 segment1617
    Itemquarter to Jun 2026quarter to Jun 2025
    Healthcare₹142 crore₹77 crore
    Consumer₹116 crore₹151 crore
    Industrial₹23 crore₹18 crore
    Healthcare was about 51% of consolidated revenue in the quarter to Jun 2026, the largest segment.
  • 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

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 months
+20.0%
Net profit growth, 12 months
+51.3%

Quarter to Jun 2026, against the quarter before

Revenue
₹275 Crup 22.63%
Net profit
₹52 Crup 7.78%
Net margin
19.1%

Revenue by quarter

₹180 CrSep 24₹186 CrDec 24₹203 CrMar 25₹225 CrJun 25₹236 CrSep 25₹236 CrDec 25₹224 CrMar 26₹275 CrJun 26
Peak revenue ₹275 Cr, quarter to Jun 2026; lowest ₹180 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹14 CrSep 24₹18 CrDec 24₹30 CrMar 25₹36 CrJun 25₹41 CrSep 25₹36 CrDec 25₹49 CrMar 26₹52 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue180186203225236236224275
Net profit1418303641364952
Net margin7.6%9.7%14.5%16.0%17.4%15.1%21.7%19.1%
Standalone. The last eight quarters. The latest is shaded.

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

Price to earnings

At or below today's level on 87% of 2,478 trading days over the last 10 years.

LowestHighest
Its median42.27Industry median21.42
Price to book

At or below today's level on 95% of 1,958 trading days since Nov 2018.

LowestHighest
Its median4.88Industry median1.71
Dividend yield

At or below today's level on 97% of 2,474 trading days over the last 10 years.

LowestHighest
Its median0.00%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Shaily Engineering Plastics shareholding pattern

Shareholding by group

  • Promoters41.09%
  • Foreign institutions19.43%
  • Indian institutions16.15%
  • Individuals and others23.34%
Holder
TILOTTAMA SANGHVIPromoter14.00%
JAYESSH MOHANLAL SHAHPromoter8.29%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I7.80%
MAHENDRA BHOGILAL SANGHVIPromoter7.24%
LAXMAN SANGHVIPromoter5.07%
ASHISH KACHOLIAResident individuals, over ₹2 lakh at face value3.22%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +1.25 pts, Indian institutions +1.31 pts, mutual funds +1.44 pts.

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 time
1
Added
12
Cut
4
Held unchanged
26
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Shaily Engineering Plastics insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 2 salesNo purchase₹39 CrNet−₹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
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

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

Return on equity across, P/E up, size is market cap
Company
Safari Industries (India) logoSafari Industries (India)SAFARI6,00736.485.39+14.0%+10.6%15.9%17.5%0.33%
VIP Industries logoVIP IndustriesVIPIND3,576–12.35−10.8%–−83.6%−57.6%0.00%
Nilkamal logoNilkamalNILKAMAL2,63221.111.67+7.6%+20.6%8.1%10.8%1.13%
Bai-Kakaji Polymers logoBai-Kakaji PolymersBAIKAKAJI57821.423.29––15.4%–0.00%
Essen Speciality Films logoEssen Speciality FilmsESFL258–1.76−26.2%−200.9%−7.2%−6.9%0.00%
Atharva Poly-Plast logoAtharva Poly-PlastATHARVA22234.3711.36––33.0%–0.00%
Pil Italica Lifestyle logoPil Italica LifestylePILITA16371.041.93−6.6%−57.0%2.8%4.2%0.00%
Prima Plastics logoPrima PlasticsPRIMAPLA135––−5.2%–––1.63%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

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

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 231Mar 242Mar 253Mar 26
Highest ₹3.00 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹3.00
19 Sep 2025Final₹2.00
13 Sep 2024Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Shaily Engineering Plastics announcements

Shaily Engineering Plastics share price by year

Each calendar year to 2025.Shaily Engineering Plastics share price history

YearClose at year endChangeHighest closeLowest close
20252,261.60+57.1%2,748.901,328.55
20241,439.60+328.3%1,519.00318.75
2023336.15+6.1%376.08193.75
2022BSE close316.92−18.2%448.33306.89
2021BSE close387.61+159.6%401.29152.44
2020BSE close149.30+17.8%162.5038.38
2019BSE close126.75−31.8%193.29103.88
2018BSE close185.72−3.3%294.22166.09
2017BSE close191.97+87.5%201.0898.80
2016BSE close102.40−20.0%137.9092.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20262,958.503,116.202,945.503,081.303,070.7974,47740.2%
26 Oct 20262,907.803,021.202,856.802,985.102,952.9585,55434.6%
23 Oct 20262,987.003,014.502,712.102,937.202,870.431,96,56938.6%
22 Oct 20263,012.103,020.002,861.502,987.002,936.581,66,58743.2%
21 Oct 20263,100.003,178.102,904.003,023.302,988.601,83,85746.6%
19 Oct 20263,125.203,227.903,085.403,105.203,142.211,26,81044.6%
16 Oct 20263,083.003,150.003,071.103,109.703,111.881,61,49365.2%
15 Oct 20263,113.503,120.003,069.003,083.303,092.4590,74857.0%
14 Oct 20263,159.003,188.003,111.603,137.903,163.1385,86153.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
23 Nov 2023Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
MAHENDRA BHOGILAL SANGHVI
At the end of the quarter to Jun 2026
Managing director
AMIT MAHENDRA SANGHVI
At the end of the quarter to Jun 2026
NSE symbol
SHAILY
BSE code
501423
ISIN
INE151G01028
Industry
Consumer Durables
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