Shaily Engineering Plastics reported robust financial results for the quarter and year ended March 31, 2026. The company achieved annual revenue of ₹921.20 crore on a standalone basis and reported a net profit of ₹161.32 crore. The Board of Directors has recommended a final dividend of ₹3 per share (150%). Additionally, the company announced the appointment of new leadership and an enabling resolution to raise up to ₹500 crore to support business expansion.
Annual Financial Highlights
For the financial year ended March 31, 2026, Shaily Engineering Plastics delivered a strong performance. The company posted a standalone revenue from operations of ₹921.20 crore, representing significant growth compared to the previous year. Net profit after tax for the same period stood at ₹161.32 crore. The board has proposed a final dividend of ₹3 per equity share (with a face value of ₹2 each), subject to approval at the upcoming Annual General Meeting.
Strategic Growth and Fund Raising
To support its evolution into a diversified, IP-led global manufacturing platform, the Board has passed an enabling resolution to raise funds up to ₹500 crore. This capital will be utilized to strengthen the company’s position in high-growth sectors, including proprietary drug delivery devices, consumer electronics, and semiconductor components. The company has already secured a strategic supply agreement with a Korean firm for the production of semiconductor trays, aligning with India’s growing role in the global supply chain.
Leadership Updates
The company continues to strengthen its management team with the appointment of Mr. Chi Hung Kam (Joe Kam) as Chief Operating Officer – Healthcare, effective May 20, 2026. Mr. Kam brings over 20 years of international manufacturing experience in highly regulated industries, which is expected to drive further operational excellence and lean process optimization across the organization.
Operational Enhancements
In addition to the financial and leadership updates, the company finalized the appointment of M/s Jain & Hindocha as Internal Auditors and M/s YS Thakar & Co. as Cost Auditors for the F.Y. 2026-27. These appointments underscore the company’s commitment to robust internal governance and fiscal oversight as it scales its operations in the contract manufacturing industry.
Source: BSE
