Shaily Engineering Plastics Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- Shaily Engineering Plastics Ltd reported a 2.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 24.1%.
- Its expenses for the quarter were up by -0.0% QoQ and 18.1% YoY.
- The net profit increased 15.0% QoQ and increased 73.6% YoY.
- The earnings per share (EPS) of Shaily Engineering Plastics Ltd stood at 5.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 198.02 | 193.05 | 159.52 | 2.6% | 24.1% |
Total Expenses | 166.51 | 166.52 | 140.97 | -0.0% | 18.1% |
Profit Before Tax | 31.51 | 26.53 | 18.55 | 18.8% | 69.9% |
Tax | 6.31 | 4.61 | 4.03 | 36.9% | 56.6% |
Profit After Tax | 25.20 | 21.92 | 14.52 | 15.0% | 73.6% |
Earnings Per Share | 5.50 | 4.80 | 3.10 | 14.6% | 77.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shaily Engineering Plastics Ltd is a company engaged in the manufacturing sector, with a focus on producing high-precision plastic components. These components serve a variety of industries, including healthcare, automotive, consumer appliances, and industrial applications. The company is known for its expertise in designing and manufacturing complex plastic parts that demand high precision and quality. While specific recent developments regarding the company were not provided, Shaily Engineering Plastics Ltd typically aims to innovate and expand its product offerings to meet the evolving needs of its diverse clientele.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Shaily Engineering Plastics Ltd reported a total income of ₹198.02 crores. This represents a quarter-over-quarter (QoQ) increase of 2.6% from ₹193.05 crores in the second quarter of fiscal year 2025 (Q2FY25). Year-over-year (YoY), the total income showed a substantial growth of 24.1% compared to ₹159.52 crores in the third quarter of fiscal year 2024 (Q3FY24). This growth in revenue highlights the company's ability to enhance its income streams over both the short and long term.
Profitability
The company's profitability has seen significant improvements. In Q3FY25, Shaily Engineering Plastics Ltd achieved a profit before tax of ₹31.51 crores, marking an 18.8% increase from the previous quarter's ₹26.53 crores. Compared to the same quarter last year, when the profit before tax was ₹18.55 crores, there was a remarkable YoY growth of 69.9%. Profit after tax for Q3FY25 was ₹25.20 crores, which is a 15.0% QoQ increase from ₹21.92 crores in Q2FY25, and a 73.6% YoY increase from ₹14.52 crores in Q3FY24. These figures reflect a strong profitability profile for the company within the observed periods.
Operating Metrics
The operating metrics for Shaily Engineering Plastics Ltd indicate steady financial health and operational efficiency. Total expenses for Q3FY25 were ₹166.51 crores, which remained nearly unchanged from the previous quarter's ₹166.52 crores, reflecting a marginal decline of 0.0%. However, compared to Q3FY24's expenses of ₹140.97 crores, there was a 18.1% increase YoY. The earnings per share (EPS) for Q3FY25 stood at ₹5.50, up 14.6% from ₹4.80 in Q2FY25, and a significant 77.4% increase from ₹3.10 in Q3FY24. These metrics suggest that despite an increase in expenses, the company has managed to enhance its earnings per share significantly over both the quarter and the year.
