Synopsis:
Shaily Engineering Plastics Limited came into focus after a major bulk deal, in which Growth Fund of America and American Funds Fundamental Investors together bought 2.76% stake in the company.
A Precision injection-moulded plastic components manufacturer is in the spotlight today after large bulk deal transactions were completed on the stock exchanges on August 20. These variations show how the market and investors felt about the significant buying and selling that took place during that time.
With a market capitalization of Rs. 9,169.42 crore, Shaily Engineering Plastics Limited is trading at Rs. 1,998.20, up by 4.46 percent from its previous close of Rs. 1,912.80 per equity share.
What’s the deal?
As per the latest NSE bulk and block deal data, The Growth Fund of America acquired 5 lakh shares of Shaily Engineering Plastics Ltd at an average price of Rs. 1,925 per share, while American Funds Fundamental Investors bought 2,68,179 shares at an average price of Rs. 1,924.78 and 5,00,000 shares at an average price of Rs. 1,925.
Together, these purchases amount to an investment of around Rs. 244.12 crore. On the other hand, Lighthouse India Fund III Limited offloaded 5 lakh shares at an average price of Rs. 1,925, valuing the transaction at Rs. 96.25 crore.
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About the company
Shaily Engineering Plastics Ltd, founded in 1987, is India’s largest exporter of plastic components, providing end-to-end plastic product solutions that prioritize quality and value.
The company operates 7 facilities in Gujarat (6 for plastics and 1 for steel furniture), all equipped with 200+ injection molding machines and advanced robotic production lines. It employs over 2,000 people and operates on a de-risked business model, backed by long-standing relationships with marquee global clients.
The company’s revenue for Q1FY26 increased by 37.99 percent year over year from Rs. 179 crore to Rs. 247 crore. Whereas, net profit rose by 141.17 percent yearly from Rs. 17 crore to Rs. 41 crore.
It is trading at a price-to-earnings (P/E) ratio of 78.4x, which is higher than the industry average of 23.7x. A return on equity (ROE) of about 18.5 percent and a return on capital employed (ROCE) of about 19.4 percent demonstrate the company’s financial position. The debt-to-equity ratio of the company stands at 0.34.
Written by Akshay Sanghavi
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