Net profit after tax: ₹66.94 crore (compared to ₹52.47 crore in Q1 FY27 and ₹41.04 crore in Q2 FY26)
Earnings per share (Basic): ₹14.56 (Diluted: ₹14.50)
Standalone Performance (Half Year Ended September 30, 2026)
Revenue from operations: ₹584.50 crore (compared to ₹460.71 crore in H1 FY26)
Other income: ₹5.35 crore
Total income: ₹589.85 crore
Profit before tax: ₹160.63 crore (compared to ₹103.13 crore in H1 FY26)
Net profit after tax: ₹119.41 crore (compared to ₹77.00 crore in H1 FY26)
Earnings per share (Basic): ₹25.97 (Diluted: ₹25.88)
Consolidated Performance (Quarter Ended September 30, 2026)
Revenue from operations: ₹319.53 crore
Other income: ₹4.72 crore
Total income: ₹324.25 crore
Profit before tax: ₹84.56 crore
Net profit after tax: ₹61.27 crore
Earnings per share (Basic): ₹13.32 (Diluted: ₹13.27)
Consolidated Performance (Half Year Ended September 30, 2026)
Revenue from operations: ₹600.20 crore
Other income: ₹4.97 crore
Total income: ₹605.17 crore
Profit before tax: ₹150.50 crore
Net profit after tax: ₹109.28 crore
Earnings per share (Basic): ₹23.76 (Diluted: ₹23.68)
Expense Breakdown (Standalone Q2 FY27)
Cost of materials consumed: ₹133.51 crore
Changes in inventories: (₹5.85) crore
Power and fuel: ₹8.52 crore
Employee benefits expense: ₹25.70 crore
Finance costs: ₹2.99 crore
Depreciation and amortization: ₹13.17 crore
Other expenses: ₹46.36 crore
Total expenses: ₹224.40 crore
Balance Sheet Position (Standalone as at September 30, 2026)
Total assets: ₹1,234.16 crore (compared to ₹1,071.11 crore as at March 31, 2026)
Property, plant and equipment: ₹608.43 crore
Capital work-in-progress: ₹29.51 crore
Inventories: ₹163.41 crore
Trade receivables: ₹247.20 crore
Cash and cash equivalents: ₹24.79 crore
Total equity: ₹776.83 crore
Borrowings (current): ₹155.32 crore
Borrowings (non-current): ₹21.87 crore
Trade payables: ₹104.96 crore (including ₹15.33 crore to micro/small enterprises)
Cash Flow Analysis (Standalone H1 FY27)
Net cash from operating activities: ₹108.07 crore
Net cash used in investing activities: (₹85.85) crore
Net cash used in financing activities: (₹0.42) crore
Net increase in cash: ₹21.80 crore
Cash flow from operations breakdown:
Profit before tax: ₹160.63 crore
Depreciation and amortization: ₹26.12 crore
Employee stock option compensation: ₹5.02 crore
Taxes paid: (₹34.86) crore
Corporate Actions
During Q1 FY27 (quarter ended June 30, 2026), the company allotted 40,155 equity shares of ₹2 each to eligible employees upon exercise of Options under the Company's ESOP Plan 2019
Paid-up equity share capital increased from 45,955,093 equity shares to 45,995,248 equity shares of ₹2 each
Segment Information
The company operates in one business segment: 'Manufacturing of customised components of plastic and other materials'
This classification is in accordance with Ind AS 108 - Operating Segments
Subsidiary Information
Consolidated results include Shaily Innovations Ltd (formerly Shaily (UK) Limited) and Shaily Innovations FZCO (wholly owned subsidiaries)
Two subsidiaries with unaudited interim financial information showing total assets of ₹95.61 crore as at September 30, 2026
Subsidiaries reported total revenues of ₹9.81 crore for Q2 FY27 and ₹15.70 crore for H1 FY27
Reporting Changes
The company has presented financial results in ₹ crores instead of ₹ lakhs from Q1 FY27 (quarter ended June 30, 2026)
Comparative figures for previous periods have been restated in ₹ crores for consistency
"0.00" represents amounts less than ₹50 thousands
Approval and Review Process
Results reviewed by Audit Committee and approved by Board of Directors on October 29, 2026
Statutory auditors B S R and Co conducted limited review and expressed unmodified conclusion
Financial results prepared in accordance with Ind AS 34 prescribed under Section 133 of Companies Act, 2013
