SHAILY ENGINEERING PLASTICS LT (SHAILY): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹3,089.9 latest close · +6.5% over the last 90 sessions

₹3,089.9 month-end · +18.8% over 12 months

₹3,089.9 month-end · +878.9% over 3 years

₹3,089.9 month-end · +712.8% since Jun '22

52-week range ₹1770.90 to ₹3615.20 · 1-year volatility 48.0%

Was the rally earned?

1 year3 years

+19%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

Per-share earnings added 45 points, but investors now pay less per rupee of profit (P/E 102.3x to 80.3x), which took 26 points back.
The share count barely moved.

Net profit growth+45 ptsNet profit rose about 51%, which lifts the price.

P/E change-26 ptsThe P/E fell from 102.3x to 80.3x, which lowers the price.

Share count change0 ptsShare count was little changed. More shares would count against the price.

+879%share price, 3 yearsEarnings-driven

Mostly yes.

Per-share earnings added 622 points to the rise, while the multiple moved less (P/E 41.2x to 80.3x).
The share count barely moved.

Net profit growth+624 ptsNet profit rose about 405%, which lifts the price.

P/E change+257 ptsThe P/E rose from 41.2x to 80.3x, which lifts the price.

Share count change-2 ptsShare count was little changed. More shares would count against the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with LINDE INDIA

How rough has the ride been?

Maximum drawdown-56.8%recovered 2024-02

1-year volatility48.0%annualised

Beta vs sector index0.953-year daily, correlation 0.32

Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-56.8% (2022-04 peak to 2023-03 low, recovered 2024-02)

-33.7% (2025-11 peak to 2026-01 low, recovered 2026-05)

-27.7% (2025-03 peak to 2025-04 low, recovered 2025-05)

Most recent volume spikes

2026-09-21: 6x the 50-day median, price +3.7% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

80.3xP/E todayWithin its usual range

Against its own history65th percentile

CheapestMedian 70.8xDearest

Usual range 39.0x to 95.5x since 2022-06.

Against Process Industries80.3x vs 18.1x

This company

80.3x

Sector median

18.1x

344% above the Process Industries median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE94th▲ 13 pts vs a year ago
Op. margin96thflat vs a year ago
Revenue growth77th▼ 8 pts vs a year ago
EPS growth77th▼ 12 pts vs a year ago
Debt/equity ↓61st▲ 8 pts vs a year ago
Cash cycle ↓39th▼ 5 pts vs a year ago
P/E ↓8thflat vs a year ago
12M momentum79th▼ 19 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~43%annual earnings growth implied by the price

At a P/E of 181.3x, the price would imply about 43.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹3089.90
P/E: 80.3x
ROCE: 29.0%
Market Cap: ₹14212 cr
Revenue (TTM): ₹1025 cr
P/S: 13.9x
P/B: 19.8x
ROE: 24.7%
Operating Margin: 30.0%
Debt / Equity: 0.2x
Promoter Holding: 41.1%
12M Momentum: 18.8%

52-week range

₹1770.90₹3615.20

72% of the way from its 52-week low to its high

Price risk

1Y volatility

48.0%

Beta vs sector

1-year daily

0.73

Balance sheet & cash

Interest cover

operating profit ÷ interest

16.5x

Cash from profit, 3Y

operating cash flow ÷ net profit

1.34x

Share count, 1Y

unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold

Other income reliance3%Within range

Other income as a share of pre-tax profit (trailing twelve months): 2.6%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate23%Within range

Median quarterly effective tax rate over about 2.5 years: 23.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.34xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.34x (cash from operations ₹428 cr, net profit ₹320 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow2 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+12 daysWithin range

Debtor days are above the median of the previous three fiscal years by 12 days (79 vs 67). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress5% of fixed assetsWithin range

Capital work-in-progress is 5% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+6 days / 2 yrsWithin range

Days payable changed by +6 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 3 years, FIIs added 11.2 pts; promoters trimmed 2.7 pts; DIIs added 1.0 pts.
The number of shareholders rose from 6,236 to 56,755 (+810%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters43.8%41.1%-2.7 pts

FIIs7.0%18.2%+11.2 pts

DIIs13.8%14.8%+1.0 pts

Public and others35.4%25.9%-9.5 pts

Number of shareholders

56,755shareholders+810% since Sep '23

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−7.6%typical 12-month return vs the marketNot meaningfully different from the base rate

We found 50 past situations where a non-financial company looked like SHAILY ENGINEERING PLASTICS LT today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −25% to +24% vs the market, against −4% for all non-financial companies in the same months.
The gap against the base rate (−3.7%, 80% range −13.5% to +1.2%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge

Similar setups' median

−7.6%

All companies' median

−3.9%

Beat the market

38% vs 46%

50 past situations · 50 companies · 30 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
KPITTECH Technology Services	Sep 2023	83x	30%	+75%	−4%	−3%
POLYMED Health Technology	Mar 2021	76x	25%	+253%	−6%	−7%
VIJAYA Health Services	Sep 2025	68x	21%	+4%	−20%	+43%
EMUDHRA Technology Services	May 2024	96x	24%	+76%	−7%	−3%
ASTRAL Producer Manufacturing	Nov 2020	90x	21%	+30%	−2%	+41%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
AVANTEL Electronic Technology	Sep 2025	88x	37%	0%	−10%	−12%
KFINTECH Technology Services	Feb 2024	59x	29%	+133%	−5%	+32%
ATGL Utilities	Feb 2020	64x	24%	+31%	−28%	+181%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and size. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to SHAILY ENGINEERING PLASTICS LT. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

CUPIDCUPID

Consumer Non-Durables

66%similar

EPS growthROCE

ASTRA MICROWAVE PRODUCTSASTRAMICRO

Electronic Technology

63%similar

P/Emarket cap

NEULAND LABORATORIESNEULANDLAB

Health Technology

62%similar

ROCEoperating margin

DATA PATTERNS INDIADATAPATTNS

Electronic Technology

60%similar

promoter holdingP/E

APOLLO MICRO SYSTEMSAPOLLO

Electronic Technology

59%similar

revenuemarket cap

ACUTAAS CHEMICALSACUTAAS

Process Industries

68%similar

P/EEPS growth

NAVIN FLUORINE INTERNATIONAL LNAVINFLUOR

Process Industries

49%similar

revenue growthoperating margin

GARWARE HI TECH FILMSGRWRHITECH

Process Industries

44%similar

operating marginmarket cap

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Jun '23

2026
SepPromoterPromoter holding fell 2.3 pts to 41.1%.
SepInstitutionsFII + DII holding rose 7.4 pts over 2 quarters to 33.0%.
SepPriceVolume reached 6.0x its 50-day median on 2026-09-21; price +3.7% that day.
MayPriceRegained the 2025-11 peak, 4 months after the low.
AprPriceVolume reached 14.4x its 50-day median on 2026-04-24; price +14.5% that day.
MarPriceVolume reached 11.7x its 50-day median on 2026-03-17; price +19.0% that day.
JanPriceFell 34% from the Nov 2025 peak to the Jan 2026 low.
2025
DecInstitutionsFII + DII holding rose 3.9 pts over 2 quarters to 25.0%.

Show 22 earlier events

2025
NovValuationP/E crossed above the 90th percentile of its own history to date (102.3x).
OctPriceVolume reached 19.3x its 50-day median on 2025-10-07; price +11.4% that day.
AugPriceVolume reached 31.4x its 50-day median on 2025-08-12; price +5.3% that day.
JunPeer rankMoved into the top quartile of Process Industries on ROCE (from the 2nd quartile).
MayPriceRegained the 2025-03 peak, 1 month after the low.
MayValuationP/E crossed above the 90th percentile of its own history to date (110.3x).
MayPriceVolume reached 5.8x its 50-day median on 2025-05-20; price +8.2% that day.
AprPriceFell 28% from the Mar 2025 peak to the Apr 2025 low.
MarInstitutionsFII + DII holding rose 5.5 pts over 2 quarters to 17.1%.
FebPriceVolume reached 7.2x its 50-day median on 2025-02-28; price +2.2% that day.
2024
DecPriceVolume reached 10.6x its 50-day median on 2024-12-11; price +6.9% that day.
SepPriceVolume reached 9.0x its 50-day median on 2024-09-17; price +3.8% that day.
AugValuationP/E crossed above the 90th percentile of its own history to date (84.4x).
JunResultsYear-on-year EPS growth turned positive.
JunInstitutionsFII + DII holding fell 6.5 pts over 2 quarters to 14.3%.
JunPeer rankMoved into the 2nd quartile of Process Industries on ROCE (from the 3rd quartile).
JunDividendStarted paying a dividend (payout 8% of profit).
FebPriceRegained the 2022-04 peak, 11 months after the low.
JanPriceVolume reached 15.6x its 50-day median on 2024-01-30; price +15.2% that day.
2023
NovPriceVolume reached 6.2x its 50-day median on 2023-11-22; price +1.3% that day.
AugPriceVolume reached 10.4x its 50-day median on 2023-08-09; price +11.2% that day.
JunResultsRevenue (TTM) reached a new high of ₹607 cr.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history54 months · 2022-06 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	80.3x	₹1025 cr	24.7%	29.0%	0.2x
2026-10	82.4x	₹1025 cr	24.6%	29.0%	0.2x
2026-09	79.6x	₹1025 cr	24.6%	29.0%	0.2x
2026-08	88.5x	₹991 cr	23.6%	29.0%	0.2x
2026-07	82.8x	₹991 cr	23.6%	29.0%	0.2x
2026-06	78.3x	₹991 cr	23.6%	29.0%	0.2x
2026-05	86.8x	₹972 cr	28.9%	20.0%	0.3x
2026-04	73.5x	₹972 cr	28.9%	20.0%	0.3x
2026-03	60.5x	₹972 cr	28.9%	20.0%	0.3x
2026-02	61.3x	₹920 cr	26.7%	20.0%	0.3x
2026-01	60.2x	₹920 cr	26.7%	20.0%	0.3x
2025-12	71.1x	₹920 cr	26.7%	20.0%	0.3x
2025-11	102.3x	₹855 cr	21.4%	20.0%	0.3x
2025-10	89.4x	₹855 cr	21.4%	20.0%	0.3x
2025-09	85.6x	₹855 cr	21.4%	20.0%	0.3x
2025-08	110.1x	₹787 cr	17.0%	20.0%	0.3x
2025-07	78.2x	₹787 cr	17.0%	20.0%	0.3x
2025-06	82.0x	₹787 cr	17.0%	20.0%	0.3x
2025-05	110.3x	₹740 cr	18.1%	14.0%	0.5x
2025-04	83.7x	₹740 cr	18.1%	14.0%	0.5x
2025-03	100.0x	₹740 cr	18.1%	14.0%	0.5x
2025-02	95.1x	₹700 cr	15.9%	14.0%	0.5x
2025-01	96.3x	₹700 cr	15.9%	14.0%	0.5x
2024-12	90.1x	₹700 cr	15.9%	14.0%	0.5x
2024-11	95.7x	₹666 cr	13.5%	14.0%	0.5x
2024-10	74.4x	₹666 cr	13.5%	14.0%	0.5x
2024-09	74.5x	₹666 cr	13.5%	14.0%	0.5x
2024-08	84.4x	₹644 cr	12.4%	14.0%	0.5x
2024-07	69.0x	₹644 cr	12.4%	14.0%	0.5x
2024-06	64.2x	₹644 cr	12.4%	14.0%	0.5x
2024-05	83.0x	₹607 cr	8.7%	11.0%	0.5x
2024-04	82.9x	₹607 cr	8.7%	11.0%	0.5x
2024-03	69.2x	₹607 cr	8.7%	11.0%	0.5x
2024-02	70.5x	₹607 cr	8.7%	11.0%	0.5x
2024-01	51.7x	₹607 cr	8.7%	11.0%	0.5x
2023-12	43.9x	₹607 cr	8.7%	11.0%	0.5x
2023-11	41.2x	₹607 cr	8.7%	11.0%	0.5x
2023-10	46.7x	₹607 cr	8.7%	11.0%	0.5x
2023-09	47.0x	₹607 cr	8.7%	11.0%	0.5x
2023-08	44.5x	₹607 cr	8.7%	11.0%	0.5x
2023-07	34.7x	₹607 cr	8.7%	11.0%	0.5x
2023-06	38.6x	₹607 cr	8.7%	11.0%	0.5x
2023-05	33.5x	₹568 cr	9.5%	—	0.5x
2023-04	30.1x	₹568 cr	9.5%	—	0.5x
2023-03	26.8x	₹568 cr	9.5%	—	0.5x
2023-02	28.4x	₹568 cr	9.5%	—	0.5x
2023-01	39.8x	₹568 cr	9.5%	—	0.5x
2022-12	41.3x	₹568 cr	9.5%	—	0.5x
2022-11	43.7x	₹568 cr	9.5%	—	0.5x
2022-10	50.2x	₹568 cr	9.5%	—	0.5x
2022-09	50.6x	₹568 cr	9.5%	—	0.5x
2022-08	50.9x	₹568 cr	9.5%	—	0.5x
2022-07	49.7x	₹568 cr	9.5%	—	0.5x
2022-06	49.5x	₹568 cr	9.5%	—	0.5x

Methodology and data notes