Added to YB: 2026-04-15
Pitch date: 2026-03-29
SHAILY.NS [bullish]
Shaily Engineering Plastics Limited
-7.54%
current return
Author Info
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Company Info
Shaily Engineering Plastics Limited engages in the manufacture and sale of precision injection moulded plastic components/products in India.
Market Cap
INR 89.5B
Pitch Price
INR 2.1K
Price Target
5.2K (+169%)
Dividend
0.10%
EV/EBITDA
33.95
P/E
56.74
EV/Sales
9.38
Sector
Machinery
Category
growth
2026-03-31 SHAILY ENGINEERING PLASTICS LTD. - A QUIET COMPOUNDER IN THE MAKING [NSE: SHAILY | BSE: 501423] (DIVA SHETH VIP)
SHAILY.NS: Gujarat precision plastics co supplying pen injectors for GLP-1 drugs (Ozempic generics). Healthcare segment grew 139% YoY in Q3 FY26 to 42% of revenue at 31.8% EBITDA margin. Secured ₹423cr 4-yr take-or-pay contract (₹105cr/yr). Capacity expanding from 30M to 80M units by Jul'26, Abu Dhabi facility adds 75M units by FY28. Only Indian mfr among 8 global suppliers. Risks: oral GLP-1 threat, IKEA 64% customer concentration, Iran-Israel war impacting logistics/costs. 3yr PT ₹3,477 (61% upside, 17.4% CAGR) at 40x FY28 PAT; 5yr PT ₹5,220 (142% upside, 19.4% CAGR) at 30x FY30 PAT.
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