Shaily Engineering Q1 FY27 Net Profit Rises 46% YoY

The Board meeting commenced at 2:15 p.m. and concluded at 5:20 p.m. on August 8, 2026.

a) Financial Results Approval

Approved unaudited Standalone and Consolidated Financial Results for quarter ended June 30, 2026
Results reviewed by Audit Committee and Statutory Auditors (BSR & Co)
Auditors issued unmodified limited review reports for both standalone and consolidated results

b) Management Re-appointment

Re-appointed Mr. Amit Mahendra Sanghvi as Managing Director effective October 1, 2026 to September 30, 2031
Appointment subject to shareholder approval at forthcoming 46th Annual General Meeting
Detailed profile provided in Annexure A: 43 years old, Electrical Engineer from University of Ottawa, M.Sc in Supply Chain and Manufacturing from Pennsylvania State University
Career history includes Arete Inc. (USA), PAS Romania, Pepsi Bottling Group, Coca Cola Bottling Indonesia
Joined Shaily as General Manager - Projects, elevated to Whole-Time Director, then Managing Director since May 16, 2015
Not debarred from directorship by SEBI or any other authority
Relationship disclosure: Son of Mr. Mahendra Sanghvi (Executive Chairman) and Mrs. Tilottama Sanghvi (Whole Time Director)

c) Dividend Record Date

Fixed Friday, September 11, 2026 as Record Date for determining members entitled to receive final dividend for FY 2025-26

d) Insider Trading Policy

Approved revised Code of Conduct for Prevention of Insider Trading in the Company's securities

Quarter Ended June 30, 2026 (Unaudited)

Revenue from operations: ₹274.78 crore
Other Income: ₹0.44 crore
Total Income: ₹275.22 crore
Total Expenses: ₹204.82 crore
Profit Before Tax: ₹70.40 crore
Tax Expense: ₹17.93 crore (Current Tax: ₹15.63 crore, Deferred Tax: ₹2.30 crore)
Net Profit After Tax: ₹52.47 crore
Other Comprehensive Loss: ₹0.80 crore
Total Comprehensive Income: ₹51.67 crore
Basic EPS: ₹11.41, Diluted EPS: ₹11.38

Comparative Performance

Revenue growth: 22% YoY (vs ₹225.10 crore in Q1 FY26)
Net profit growth: 46% YoY (vs ₹35.97 crore in Q1 FY26)
Sequential performance: Revenue up 23% QoQ (vs ₹224.07 crore in Q4 FY26), Net profit up 8% QoQ (vs ₹48.67 crore)

Full Year FY26 (Audited)

Capital Structure Changes

During quarter, allotted 40,155 equity shares of ₹2 each to eligible employees under ESOP Plan 2019
Paid-up equity share capital increased from ₹9.19 crore (45,955,093 shares) to ₹9.20 crore (45,995,248 shares)

Quarter Ended June 30, 2026 (Unaudited)

Revenue from operations: ₹280.67 crore
Other Income: ₹0.25 crore
Total Income: ₹280.92 crore
Total Expenses: ₹214.98 crore
Profit Before Tax: ₹65.94 crore
Tax Expense: ₹17.93 crore (Current Tax: ₹15.63 crore, Deferred Tax: ₹2.30 crore)
Net Profit After Tax: ₹48.01 crore
Other Comprehensive Loss: ₹0.95 crore
Total Comprehensive Income: ₹47.06 crore
Basic EPS: ₹10.44, Diluted EPS: ₹10.41

Comparative Performance

Subsidiary Information

Includes Shaily Innovations Ltd (formerly Shaily (UK) Limited) and Shaily Innovations FZCO
One subsidiary not reviewed with revenues of ₹1.43 crore, net loss of ₹1.97 crore, considered immaterial to Group

Company operates in one business segment: 'Manufacturing of customised components of plastic and other materials'
Financial results presented in ₹ crores instead of ₹ lakhs from current quarter, with comparative figures restated
Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and reviewed quarterly figures
Limited review conducted by BSR & Co, Chartered Accountants (Firm Registration No.: 128510W)