Shaily Engineering Plastics Announces Q1 Results, Re-appoints Managing Director Amit Sanghvi
Shaily Engineering Plastics Limited released its unaudited financial results for the quarter ended June 30, 2026. The company also announced the re-appointment of Mr. Amit Mahendra Sanghvi as a Managing Director and set a record date for determining shareholders entitled to receive the final dividend for FY 2025-26.The Board of Directors approved both the unaudited standalone and consolidated financial results during its meeting held on August 8, 2026.
Financial Highlights (Q ended June 30, 2026)
The company experienced significant performance across both segments for the quarter. The key financial metrics from the respective limited review reports are summarized below:
| Metric | Standalone Results | Consolidated Results |
|---|---|---|
| Total Income (₹ crores) | 225.10 | 280.92 |
| Net Profit after Tax (₹ crores) | 35.91 | 41.12 |
| Total Comprehensive Income (₹ crores) | 5.08 | 43.26 |
| EPS Basic (₹) | 7.83 | 8.95 |
Operational and Governance Updates
During the quarter ended June 30, 2026, Shaily Engineering Plastics Limited allotted 40,155 equity shares to eligible employees through the exercise of Options under its ESOP Plan 2019 (at a face value of ₹2 per share). This allotment resulted in an increase in the paid up equity share capital from 45,955,093 shares to 45,995,248 shares.
Furthermore, the company fixed Friday, September 11, 2026, as the Record Date for determining the members entitled to receive the final dividend for the financial year 2025-26. The Board also approved a revised Code of Conduct for the Prevention of Insider Trading in the securities of the Company.
Director Reappointment
The Board meeting confirmed the re-appointment of Mr. Amit Mahendra Sanghvi as a Managing Director. His appointment will be effective from October 1, 2026, to September 30, 2031, and is subject to approval by shareholders at the forthcoming 46th Annual General Meeting of the Company.
Mr. Amit Mahendra Sanghvi, who was entrusted with the responsibilities of Managing Director since May 16, 2015, has a profile that includes experience as a Business Process Consultant for multinational companies like Pepsi and Coke. He is also noted to be the son of Executive Chairman Mr. Mahendra Sanghvi and Whole Time Director Mrs. Tilottama Sanghvi.
SHAILY Stock Price Movement
On Friday, shares of Shaily Engineering Plastics Limited slipped by 5.68% to close at ₹3162.30 after shedding ₹191.30 from the previous day's closing price. The stock experienced significant intraday movement, trading within a range that included a high of ₹3347 while settling well above Friday’s low of ₹3140.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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