Shaily Engineering Plastics Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 3 per equity share.
SHAILY · price
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Shaily Engineering Plastics reported strong FY26 results with standalone revenue growing 21.5% to Rs. 921.20 crore and standalone PAT surging 127.5% to Rs. 161.32 crore. Consolidated revenue rose 25.9% to Rs. 990.67 crore with consolidated PAT up 82.5% to Rs. 169.91 crore. The board recommended a final dividend of Rs. 3 per share (150%) subject to shareholder approval. Key leadership changes include appointing Mr. Chi Hung Kam (Joe Kam) as COO-Healthcare and KMP effective May 20, 2026, along with new Internal Auditor (M/s Jain & Hindocha) and Cost Auditor (M/s YS Thakar). The company also approved an enabling resolution to raise up to Rs. 500 crore through various modes to fund expansion into drug delivery devices, consumer electronics, and semiconductor components manufacturing.
The company delivered exceptional profit growth exceeding 80% on a consolidated basis, indicating strong operational performance. The Rs. 500 crore fund raise capability signals major expansion ambitions, while the new healthcare-focused COO aligns with the strategic pivot toward high-value manufacturing adjacencies.