Shaily Engineering Plastics Upgraded on Strong Financial Performance and Stability Metrics

Shaily Engineering Plastics has recently undergone an evaluation revision, reflecting its strong performance metrics within the plastic products industry. The company has demonstrated notable sales growth over the past five years, achieving a rate of 13.84%. Additionally, its EBIT growth during the same period stands at an impressive 51.17%, indicating robust operational efficiency.
Financial stability is further highlighted by a solid EBIT to interest ratio of 5.24 and a manageable debt to EBITDA ratio of 3.47. The company's net debt to equity ratio is also favorable at 0.37, suggesting a prudent approach to leveraging. Shaily's sales to capital employed ratio of 0.87 and a tax ratio of 21.93% contribute to its overall financial health.

In comparison to its peers, Shaily Engineering Plastics stands out with a higher return on capital employed (ROCE) of 10.22% and return on equity (ROE) of 11.15%. While some competitors like Time Technoplast and Responsive Industries are positioned differently, Shaily's performance metrics indicate a competitive edge in the market. The company's institutional holding at 21.11% and zero pledged shares further enhance its appeal in the industry landscape.