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

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...