Shaily Engineering Plastics Limited (SHAILY.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-119.2%

-₹570.45

vs ₹2,969.10 price

Levered DCF

-₹288.50

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

19.49

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	56.38×	87.67×	40.74×	26.85×	50.53×	76.31×	71.2×	87×
P/B	13.37×	14.95×	5.08×	2.35×	4.82×	9.23×	10.53×	12.33×
P/S	9.67×	10.41×	3.62×	1.55×	3.12×	4.66×	5×	4.96×
EV / EBITDA	33.83×	47.45×	21.56×	11.72×	23.52×	31.53×	31.07×	34.17×
Gross margin	37.6%	42.3%	37.1%	30.7%	30.8%	33.5%	34.2%	31.4%
Operating margin	23.3%	31.5%	27.9%	22.4%	22.9%	23.2%	25.4%	22.8%
Net margin	17.2%	11.8%	8.9%	5.8%	6.2%	6.1%	7.0%	5.7%
Current ratio	1.25×	1.22×	1.17×	1.14×	1.58×	1.24×	1.14×	1.15×
Debt / equity	0.25×	0.34×	0.46×	0.47×	0.48×	1.1×	0.84×	0.88×
Interest coverage	14.54×	13.91×	9.47×	7.55×	7.28×	6.38×	7.7×	7.51×
Dividend yield	0.1%	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.4%
Payout ratio	5.3%	4.9%	0.0%	0.0%	0.0%	0.0%	0.0%	39.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	23.7%	17.0%	12.5%	8.8%	9.6%	12.1%	14.8%	14.2%
Return on invested capital	18.9%	25.4%	21.3%	17.3%	17.6%	15.6%	21.8%	19.2%
Return on assets	14.8%	10.0%	7.3%	5.1%	5.2%	4.7%	6.2%	6.2%
Free cash flow yield	0.3%	0.5%	0.2%	-2.3%	-3.7%	-3.6%	0.2%	0.1%
Earnings yield	1.8%	1.1%	2.5%	3.7%	2.0%	1.3%	1.4%	1.1%
Enterprise value	₹97.3B	₹83.5B	₹25.2B	₹11.1B	₹19.1B	₹18.8B	₹18.1B	₹18B
Net debt / EBITDA	0.53×	0.94×	1.6×	1.78×	1.73×	3.33×	2.18×	2.27×
Cash conversion cycle (days)	118	111	81	77	94	119	71	92