Shaily Engineering Plastic

adityavummetha_ · February 6, 2018, 11:38am

Not that this is an important news, but a big investor buying Rs. 28crore worth of stake in a company with ~800crore market cap shows investors confidence in the management and business of the company

Ashish Kacholia: Ashish Kacholia buys 2,95,000 shares of Shaily Engineering …

kanvgarg123 · February 6, 2018, 1:19pm

bengal and assam is his company only. Check Zauba. He just booked his profits and moved this to his own name.

ketand · February 6, 2018, 5:34pm

No one by Kacholia surname is a director in Bengal Finance, only Agarwals (source: Zauba corp). Can you please share link to your information that says that Bengal Finance is Ashish Kacholia’s firm? Thanks.

MHS · February 7, 2018, 11:16am

Ashish Kacholia was invested upto Dec16/Mar17 in Shaily and exited …
As per the news, he reentered again after the stock almost doubled last 12 months…

KiranP · February 12, 2018, 8:44am

Should try to find the connection between Bengal Finance & Investment and Ashish Kacholia. It’s not a coincidence that on 29th March 2017, Bengal Finance bought shares from him, and on 5th Feb it sold shares to him. We can find similar patterns in Bodal Chemicals, where Bengal Finance and Ashish Kacholia had transactions on the same date.

The ability of marquee investors to disproportionately affect the share price of microcap companies need to be kept in mind. For all we know, this could just be money exchanging hands between related parties.

adityavummetha_ · February 12, 2018, 5:12pm

Excellent set of numbers reported by Shaily…Revenue YoY increased by 41% and PAT YoY increased by more than 300%

https://www.bseindia.com/corporates/anndet_new.aspx?newsid=a512e746-a2a4-49a4-823b-399944467fed

MHS · February 12, 2018, 7:30pm

Q3 Results:

https://www.bseindia.com/xml-data/corpfiling/AttachLive/bea1fff0-1531-4db0-a0c0-86e2e9ab1a87.pdf

suru27 · February 13, 2018, 2:58am

I am sorry to say but the rate and quickness of churn many of these big investors show, we should be rather cautious . I am not commenting on their intelligence or information bias but there could be multiple different reasons , motives , expectations for a big investor . Even to follow a big investor , one should do a background study of last 5-10 years of buy sell history study in a time bucketed manner and then choose from which of investors one want to get influenced in terms of ideas. This needs a commonality of investment style. I started with tracking some 20-25 big names but over a period of time realised many of them don’t share that commonality and now list has gone down to 10-12.

MHS · February 27, 2018, 4:59am

Latest Investor Presentation with lots of info:

suru27 · March 3, 2018, 7:35pm

I think it depends on how closely one resonates with their investment philosophy so that tracking them can lead to research ideas with higher probability of portfolio conversion else it would be too much tracking leading no where in terms of investment objective. The few one with whom I can resonate myself are amansa, malabar, westbridge, cartica, vijay kedia,sanjay bakshi. On macro like to hear madhav dhar, s naren n prashant jain

sjsandesh · March 20, 2018, 10:29pm

Transcript

MHS · March 21, 2018, 4:15am

“Shaily Engineering Plastics Limited Investor and Analyst
Meet Conference Call” February 26, 2018

https://www.bseindia.com/xml-data/corpfiling/AttachLive/24f3f879-c547-4c3f-832a-f9be70319ea1.pdf
Excellent info about the business and its verticals, how they reached here so far and …their prospects…

This business has all the ingredients to become a billion dollar company, if they execute well …

Disclosure: Invested, so views r biased, No recommendation.

sjsandesh · March 22, 2018, 8:57pm

Bulk Deal: HDFC Mutual Fund buys 50000 shares @ 1140 on 22/03/2018

sjsandesh · March 26, 2018, 10:32pm

Bulk Deal: HDFC Mutual Fund buys 50000 shares @ 1150 on 26/03/2018

MHS · April 25, 2018, 3:13pm

Bulk deal: HDFC MF buys 99134 shares

SD007 · May 14, 2018, 9:28pm

Dividend : Rs. 7.5 per share.

Q4 FY18 & FY18 results.

sjsandesh · May 24, 2018, 8:53pm

HDFC Mutual Fund buys from DSP Blackrock:

24/05/2018	501423	SHAILY	HDFC MUTUAL FUND	B	198,616	1,292
24/05/2018	501423	SHAILY	DSP BLACKROCK EMERGING STARS FUND	S	200,000	1,292.01

harshitgoel · July 20, 2018, 10:57am

SHAILY ENGINEERING FY18 Annual Report Notes
In contrast to the previous years this year’s AR was quite colourful and well presented, keeping investor community in mind (i mean in a good way ). Company has been opening up with investor community by conducting conference calls and investors meet. AR has given very useful data on Plastic Industry in India and has projected the sector to grow at 10% CAGR from FY15 to FY20. For a 1000 cr Mcap co. they are doing some amazing work in the Pharma Space.

FY18 sales are Rs. 319 cr showing an increase of 29.4 % year on year. EBITDA Rs. 55.4 cr. growth of 26.3% YOY, PBT is Rs. 34.2 cr growth of 47.7% yoy and PAT is Rs. 23.9 cr growth of 50.6% yoy.
R&D spend is Rs. 1.85 cr i.e. 0.57% of sales.
Forex earnings is Rs. 218 cr. and Forex expenditure is Rs. 114 cr.
CAPEX during the year was Rs. 27 cr. on Gross Block of Rs. 107 cr.
Two Plants:
Vadodra- Rania/EOU/Pharma Packaging/ Finishing Plants
Halol Plant
Commercialised large portion of Rs. 60 cr. order received from the Home furnishing major during FY18.
Pharma
Pen injector order confirmation received FY17 was further extended for US markets.
Received confirmation for development and supply of six different types of Pens for different Therapies/Customers. These are expected to be launched during FY 2019-21.
Successfully launched Skin care device for 5 pharma companies.
Derma applicator – development completed and samples submitted to customer for approval.
Received confirmation for development and supply of Anal applicator for global markets from a large domestic Pharma company.
FMCG: Received confirmation from a domestic FMCG major (new customer) for manufacturing of packaging for one of their flagship products.
Successfully converted a metal part to Plastic for Honeywell.
This year, the Company has adopted a new branding with change of logo. Our business has grown and evolved over the years, and we felt it was a time for a change. The new logo signifies the vibrancy of the organization with its modern business processes and open work culture, while still being humble in its approach to any work and keeping quality as its fundamental goal. The new logo also differentiates the different sectors, the company operates in, giving Shaily a new brand identity.
We are catering to fortune 100 companies in the space of consumer and FMCG, Pharmaceutical and Retail. Today we have 5 facilities with over 100 injection moulding machines ranging from 35 tons to 1000 tons including a dedicated ISO Class 8 clean room manufacturing facility.
Various quality accreditions
TUVRheinland – ISO 9001:2008
Automotive – TUVRheinland – ISO/TS 16949:2009
Medical Devices – TUVRheinland – ISO 13485-2003
Total workforce is of 1200+ employees.
Company had a poor year Cash Flow wise. Company saw pressure on working capital due to increase in Receivable days from 68 to 78, increase in Inventory Days from 40 to 46 and also GST receivable which increased from Rs. 0.62 cr. to Rs. 21.52 cr (affect of bad Government Policy).
Though the loans increased from Rs. 66 cr to 105 cr the Interest Expense in P/L decreased from Rs. 7.8 cr to Rs. 6.72 cr. One possible reason could be that the borrowings increased in the year end but this needs to be watched carefully.

spvk1 · August 9, 2018, 12:36pm

IKEA opens first indian store in hyd

sjsandesh · August 13, 2018, 11:05pm

Q1 results and Presentation: