Shaily Engineering News and Updates

Name: Latest research reports of Shaily Engineering Plastics Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Shaily Engineering Plastics Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Shaily Engineering from all sources in a single place.

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Shaily Engineering Plastics Ltd.

17 Feb 2022

2461.00

-1.51%

Shaily Engineering Plastics

Buy: Shaily Engineering Plastic...

ICICI Securities Limited

Revenue grew ~41% YoY to | 148 crore led by a ramp up of new products in the healthcare and toy segment. Volumes were up ~20% YoY The EBITDA margin declined 381 bps YoY to 14.1%, mainly due to a delay in passing on high raw material costs and higher other expenditure PAT increased 16% YoY to ~ | 9 crore, tracking sales growth...

Shaily Engineering has gained 69.84% in the last 1 Year

Shaily Engineering Plastics Ltd.

31 Jan 2022

2461.00

-1.51%

Earnings Call for Q3FY22 of Shaily Engineering Plastics

Conference Call with Shaily Engineering Plastics Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.

audio

Shaily Engineering Plastics Ltd.

03 Nov 2021

2461.00

-1.51%

Earnings Call for Q2FY22 of Shaily Engineering Plastics

Conference Call with Shaily Engineering Plastics Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.

Shaily Engineering Plastics Ltd.

03 Nov 2021

2461.00

-1.51%

Shaily Engineering Plastics

Buy: Shaily Engineering Plastic...

Target

ICICI Securities Limited

Shaily Engineering Plastics Ltd. is trading above its 200 day SMA of 1956.7

Shaily Engineering Plastics Ltd.

20 Aug 2021

2461.00

-1.51%

Buy Shaily Engineering Plastics; target of Rs 2110: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Shaily Engineering Plastics has recommended buy rating on the stock with a target price of Rs 2110 in its research report dated August 19, 2021.

Shaily Engineering Plastics Ltd. is trading above its 200 day SMA of 1956.7

Shaily Engineering Plastics Ltd.

02 Jun 2021

2461.00

-1.51%

Buy Shaily Engineering Plastics; target of Rs 1670: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Shaily Engineering Plastics recommended buy rating on the stock with a target price of Rs 1670 in its research report dated Jun 02, 2021.

Shaily Engineering Plastics Ltd. is trading below its 30 day SMA of 2515.6

Shaily Engineering Plastics Ltd.

02 Jun 2021

2461.00

-1.51%

Shaily Engineering Plastics

Buy: Shaily Engineering Plastic...

Target

ICICI Securities Limited

Shaily reported a strong performance in Q4FY21 with revenue, PAT growth of ~38%, ~40%, respectively. Further, the company has guided for strong revenue growth in FY22 despite lockdown related disruptions in Q1. A home furnishing major (HFM) remains a key contributor to the overall topline (55% of overall revenue). However, significant growth opportunities in the healthcare segment (revenue growth of 2-3x in the next three to five years) and strong order pipeline in the toy business provide strong revenue visibility in the next two years. With better operating leverage and a...

Shaily Engineering has gained 69.84% in the last 1 Year

Shaily Engineering Plastics Ltd.

09 Feb 2021

2461.00

-1.51%

Shaily Engineering Plastics

Buy: Shaily Engineering Plastic...

Recommendation Target

ICICI Securities Limited

After posting ~42% revenue drop in Q1FY21, the company saw robust sales growth of ~13% and ~20% YoY in Q2FY21 and Q3FY21, respectively. That led to ~98% sales recovery in 9MFY21. We believe execution of pending orders in addition to new orders from existing clients helped drive this recovery. On the margin front, withdrawal of export incentives (2% of revenue) led to reduction in gross margin that finally dragged EBITDA margin down ~85 bps YoY to ~16%. According to the company, the incentive will be restored in the coming period (in the form of RoDTEP) in...

Shaily Engineering Plastics Ltd. is trading above its 200 day SMA of 1956.7

Shaily Engineering Plastics Ltd.

12 Aug 2020

2461.00

-1.51%

Accumulate Shaily Engineering Plastics; target of Rs 533: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended accumulate rating on Shaily Engineering Plastics with a target price of Rs 533 in its research report dated August 10, 2020.

Shaily Engineering Plastics Ltd. is trading below its 30 day SMA of 2515.6

Is Shaily Engineering Plastics Ltd. worth buying?

66 Votes:

Buy 66.67%

Sell 16.67%

Hold 16.67%

89.16% Gain from 52W Low

Shaily Engineering News and Updates

Keep track of all breaking news on Shaily Engineering from all sources in a single place.