Shaily Engineering Plastics Reports Strong Q3 FY24-25 Results Amid Financial Adjustments
Shaily Engineering Plastics has announced strong financial results for Q3 FY24-25, achieving record quarterly net sales of Rs 197.58 crore and an operating profit of Rs 45.87 crore. The company improved its operating profit margin to 23.22% and reduced its debt-equity ratio to 0.36 times, despite facing cash flow challenges.
Shaily Engineering Plastics has reported its financial results for the quarter ending December 2024, showcasing a very positive performance for Q3 FY24-25. The company has experienced an adjustment in its evaluation, with its score rising to 27 from 25 over the past three months.Key highlights from the financial results indicate that Shaily Engineering has achieved its highest quarterly net sales at Rs 197.58 crore, reflecting a strong sales trend. The operating profit (PBDIT) also reached a peak of Rs 45.87 crore, demonstrating a favorable trajectory in profitability. Additionally, the profit before tax (PBT) stood at Rs 31.07 crore, marking a significant growth compared to previous quarters. The operating profit margin improved to 23.22%, indicating enhanced operational efficiency.
On the balance sheet front, the debt-equity ratio has reached its lowest point at 0.36 times, suggesting a reduction in borrowing relative to equity capital. However, the company is facing challenges with cash and cash equivalents, which have decreased to Rs 15.03 crore, and a slower debtors turnover ratio at 5.12 times.
Overall, Shaily Engineering Plastics is navigating a complex financial landscape, with notable strengths and areas requiring attention.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
