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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 14.04 % in the past year, substantial increase in net sales/revenue by 5.18 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -18.48 %, Marginal decrease of -54.78% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shaily Engineering Plastics Ltd.. Notable increase of 38.13 % in net profit Year to Year, Shaily Engineering Plastics Ltd.’s profitability dropped by -9.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -72.34 % Year to Year. EPS decreased by -9.95 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 157.305 Cr | Rs. 170.559 Cr | Rs. 179.388 Cr | + 5.18 % | + 14.04 % |
| Expenses | Rs. 130.52 Cr | Rs. 135.86 Cr | Rs. 143.96 Cr | + 5.96 % | + 10.3 % |
| Operating Profit | Rs. 26.79 Cr | Rs. 34.7 Cr | Rs. 35.43 Cr | + 2.1 % | + 32.25 % |
| OPM % | 17.03 % | 20.34 % | 19.75 % | -0.59 % | + 2.72 % |
| Other Income | Rs. 0.871 Cr | Rs. 1.57 Cr | Rs. 0.71 Cr | -54.78 % | -18.48 % |
| Interest | Rs. 3.9 Cr | Rs. 4.7 Cr | Rs. 4.36 Cr | -7.23 % | + 11.79 % |
| Depreciation | Rs. 8.17 Cr | Rs. 10 Cr | Rs. 10.14 Cr | + 1.4 % | + 24.11 % |
| Profit before tax | Rs. 15.59 Cr | Rs. 21.57 Cr | Rs. 21.64 Cr | + 0.32 % | + 38.81 % |
| Tax % | 19.11 % | 10.36 % | 19.52 % | + 9.16 % | + 0.41 % |
| Net Profit | Rs. 12.6 Cr | Rs. 19.34 Cr | Rs. 17.41 Cr | -9.98 % | + 38.17 % |
| EPS in Rs | Rs. 13.74 | Rs. 4.22 | Rs. 3.79 | -10.19 % | -72.42 % |
Today, we’re looking at Shaily Engineering Plastics Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.04 %. However, it did see a marginal increase of 5.18 % from the previous quarter. Expenses ticked up slightly by 5.96 % quarter-on-quarter, aligning with the annual rise of 10.3 %. Operating profit, while up 32.25 % compared to last year, faced a quarter-on-quarter increase of 2.1 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.72 %, but a shrinkage of -0.59 % sequentially. Other income fell by -54.78 % compared to the last quarter, despite an annual decline of -18.48 %. Interest expenses dropped significantly by -7.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.79 %. Depreciation costs climbed by 1.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.11 %. Profit before tax grew annually by 38.81 % but saw an increase from the preceding quarter by 0.32 %.
Tax expenses as a percentage of profits increased slightly by 0.41 % compared to last year, with a more notable quarter-on-quarter increase of 9.16 %. Net profit rose by 38.17 % year-on-year but witnessed a -9.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.42 % but a quarterly fall of -10.19 %. In summary, Shaily Engineering Plastics Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 157.305 Cr | Rs. 170.559 Cr | Rs. 179.388 Cr | + 5.18 % | + 14.04 % |
| Expenses | Rs. 130.52 Cr | Rs. 135.86 Cr | Rs. 143.96 Cr | + 5.96 % | + 10.3 % |
| Operating Profit | Rs. 26.79 Cr | Rs. 34.7 Cr | Rs. 35.43 Cr | + 2.1 % | + 32.25 % |
| Net Profit | Rs. 12.6 Cr | Rs. 19.34 Cr | Rs. 17.41 Cr | -9.98 % | + 38.17 % |
| EPS in Rs | Rs. 13.74 | Rs. 4.22 | Rs. 3.79 | -10.19 % | -72.42 % |
In reviewing Shaily Engineering Plastics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.04 % year-on-year growth, however, there was a minor increase of 5.18 % from the previous quarter. Expenses rose by 10.3 % compared to the previous year, with a 5.96 % increase quarter-on-quarter. Operating Profit surged by 32.25 % annually, and saw a 2.1 % increase from the last quarter.
Net Profit showed yearly increase of 38.17 %, and experienced a -9.98 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -72.42 % annually, however dipped by -10.19 % compared to the last quarter. In essence, while Shaily Engineering Plastics Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
18
3-Year Profit
13
5-Year Profit
19
10-Year Profit
914
Current Price
4,190
Market Cap
The company associated with BSE code 501423 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 13 percents, which subsequently rose to 18 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 29 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 53 percents over the last five years, it has recently dropped to 215 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 55 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
The company has a market capitalization of ₹4,190 crore and is currently trading at ₹914 per share. Historically, the stock has fluctuated within a range of ₹1,092 / 309, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 67.5, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹100, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.11%, providing shareholders with a consistent return on their investment. ROCE is 14.1%, indicating how well the company is using its capital to generate profits, while ROE at 13.3% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.46, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹3.08 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 8.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹175, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 9.14 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
