Shaily Engineering Plastics Ltd

Shaily Engineering Plastics Expands Capacity & Reports Strong Q3 Growth 📈

- Q3 FY26 revenue: ₹251 Cr, up 27% YoY; EBITDA: ₹66 Cr, up 43% YoY with 26.5% margin (310 bps expansion).

- Healthcare segment revenue surged 139% YoY to ₹104 Cr in Q3, now 42% of total revenue.

- New Abu Dhabi facility announced with investment of ₹300-350 Cr, targeting 75M units/year capacity by Q4 FY28.

- Total pen injector capacity to increase from 80M to 150M units/year; 50-60% of Abu Dhabi capacity already secured.

- Two new contracts signed with global pharma companies for pen injector supply; two new GLP-1 customers onboarded.

- Consumer segment revenue declined 13% YoY to ₹123 Cr in Q3; new mandates received in home furnishings.

- Industrial segment revenue grew 87% YoY to ₹23 Cr in Q3; new clients added in power tools and LED lighting.

- 9M FY26 revenue: ₹754 Cr, up 32% YoY; PAT: ₹130 Cr, up 101% YoY.

- Strong pipeline in U.K. subsidiary with 7 new projects; advanced discussions for innovative products like Axiom.

- First high-speed pen assembly line operational by March 2026, second by July 2026.

- Exports contributed 71% of total revenue in Q3 and 9M FY26.

- ROCE at 38.4%, ROE at 29.1%; debt-to-equity ratio at 0.3x.