Shaily Engineering Plastics Ltd Stock Analysis

BSE: 501423 | NSE: SHAILY | Plastic Products | Small Cap

BSE Share Price 06-Feb-2023 18:01
1592.15 47.40 (3.07%)

DeciZen - Make an Informed Decision on Shaily Engg. Plastic

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Shaily Engg. Plastic Price Chart

P/E Ratio ( SA) :
43.68
Market Cap :
1,460.6 Cr.
52-wk low :
1,446.4
52-wk high :
2,323
Bole Toh?

1. Is Shaily Engineering Plastics Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shaily Engineering Plastics Ltd is a below average quality company.

2. Is Shaily Engineering Plastics Ltd undervalued or overvalued?

The key valuation ratios of Shaily Engineering Plastics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Shaily Engineering Plastics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shaily Engineering Plastics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shaily Engg. Plastic:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shaily Engineering Plastics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 11.7%13.1%13.1%14.2%12%13.9%10.5%11.2%8.9%9.6%-
Value Creation Index -0.2-0.1-0.10.0-0.1-0.0-0.3-0.2-0.4-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 123151180226246318338336361566633
YoY Gr. Rt. %-22.8%19.2%25.5%9%29.5%6.3%-0.7%7.3%56.9%-
Adj EPS 5.7915.618.61727.322.127.724.534.536.5
YoY Gr. Rt. %-55.9%73.9%19.7%-8.7%60.7%-19.2%25.5%-11.5%40.8%-
BVPS (₹) 495894107.9126.8149.4163.7191.6218.6400.1418.2
Adj Net Profit 4.26.612.915.514.222.718.423.120.431.733
Cash Flow from Ops. 16.121.14.235.7175.366.56622.556-
Debt/CF from Ops. 2.93.1201.93.920.11.828.93.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.5%18.1%18.7%56.9%
Adj EPS 22.1%15.2%16.1%40.8%
BVPS 26.325.834.783
Share Price 39.8% 5.7% 42.5% -14.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 12.316.721.418.414.519.814.115.61211.58.9
Op. Profit Mgn % 14.51614.717.316.81715.817.516.714.513.2
Net Profit Mgn % 3.44.37.26.95.87.15.46.95.75.65.3
Debt to Equity 1.31.61.10.80.60.90.90.81.10.50.2
Working Cap Days 164148152129129152177178190153192
Cash Conv. Cycle 4934505763667262696652

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.70%

Net Profit is growing at healthy rate in last 3 years 16.06%

Debt to equity has declined versus last 3 years average to 0.47

Sales growth is good in last 4 quarters at 33.31%

Return on Equity has declined versus last 3 years average to 8.90%

Latest Financials - Shaily Engineering Plastics Ltd.

Standalone Consolidated
TTM EPS (₹) 36.5 39.7
TTM Sales (₹ Cr.) 633 639
BVPS (₹.) 418.2 420.2
Reserves (₹ Cr.) 375 376
P/BV 3.81 3.81
PE 43.68 40.29
From the Market
52 Week Low / High (₹) 1446.35 / 2323.00
All Time Low / High (₹) 35.70 / 2323.00
Market Cap (₹ Cr.) 1,461
Equity (₹ Cr.) 9.2
Face Value (₹) 10
Industry PE 21

Management X-Ray of Shaily Engg. Plastic :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shaily Engg. Plastic

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Shaily Engineering Plastics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shaily Engg. Plastic on 06-Feb-2023 18:01 is : 1,592.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Feb-2023 18:01 the market cap of Shaily Engg. Plastic stood at ₹ 1,460.6.
The latest PE ratio of Shaily Engg. Plastic as of 06-Feb-2023 18:01 is 43.68.
The latest PB ratio of Shaily Engg. Plastic as of 06-Feb-2023 18:01 is 3.81
The 52-week high of Shaily Engg. Plastic is ₹ 2,323 and the 52-week low is ₹ 1,446.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Shaily Engg. Plastic is ₹ 632.9 ( Cr.) .

About Shaily Engineering Plastics Ltd

Shaily Engineering Plastics had humble beginning in 1987. Mike Sanghvi (a plastics technologist with over 20 years of rich experience in demanding North American Plastics Industries) started the Halol plant to provide service excellence in plastics injection moulding. Shaily is one of the few companies in India, which can take an idea through concept to engineering drawing, prototype, testing, tool design and manufacture to final components and assemblies.

The company also has a 50:50 JV with a premier European design house (Industrial Design Consultancy of UK) in the name of Shaily-IDC (India). Shaily is one of the very few companies having Class 10000 Clean Room Injection Moulding Facility.

In 2011 the company was awarded as the top exporter of Engineering Components of Plastics by 'The Plastics Export Promotion Council'.

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