We met the management of Shaily Engineering Plastics (SHEP) to better understand their growth prospects due to change in inventory policy of the Swedish Home Furnishing Retailer (SHF). Based on our discussion, we have understood that this is a one-time change and while ordering in the immediate quarter will surely see a slowdown, revenues from this client are likely to bounce back from Q3FY20 led by commissioning of the new carbon steel plant, opening of their Mumbai store and launch of their online sales portal. Pharma and Automotive are likely to be the key growth drivers going ahead. Pharma is expected to witness the highest percentage growth in sales over the next 3-4 years on back...