Shaily Engineering Plastics Limited has informed the Exchange regarding Outcome of Board Meeting held on May 19, 2026.
SHAILY · price
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On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 1.9 pts more than its Plastic Products - Consumer peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shaily Engineering Plastics reported strong FY26 results with standalone revenue of Rs. 92,120 lakhs, up 21.5% from Rs. 75,812 lakhs in FY25. Standalone net profit surged 127.5% to Rs. 16,132 lakhs from Rs. 7,091 lakhs. Consolidated revenue grew 25.9% to Rs. 99,067 lakhs with PAT at Rs. 16,991 lakhs, up 82.5%. The board recommended a dividend of Rs. 3 per share (150%). Key appointments include Mr. Joe Kam as COO Healthcare and new internal and cost auditors. The company passed an enabling resolution to raise up to Rs. 500 crores to fund diversification into semiconductor trays (via a Korean firm supply agreement), consumer electronics, and healthcare drug delivery devices. B S R & Co issued an unmodified (clean) audit opinion on both standalone and consolidated results.
Strong operational performance with over 20% revenue growth and 80%+ PAT growth signals robust execution. The Rs. 500 crore fund raise authorization indicates significant capital investment planned for diversification into high-growth sectors like semiconductors. Clean audit opinion removes any concerns about financial reporting quality.