Shaily Engineering Plastics Balance Sheet Health
Financial Health criteria checks 6/6
Shaily Engineering Plastics has a total shareholder equity of ₹4.9B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are ₹8.2B and ₹3.2B respectively. Shaily Engineering Plastics's EBIT is ₹1.0B making its interest coverage ratio 6.6. It has cash and short-term investments of ₹150.3M.
Key information
35.4%
Debt to equity ratio
₹1.75b
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹150.35m |
| Equity | ₹4.95b |
| Total liabilities | ₹3.20b |
| Total assets | ₹8.15b |
Recent financial health updates
Shaily Engineering Plastics (NSE:SHAILY) Seems To Use Debt Quite Sensibly
Jun 20
Here's Why Shaily Engineering Plastics (NSE:SHAILY) Can Manage Its Debt Responsibly
Mar 14Recent updates
Here's Why Shaily Engineering Plastics (NSE:SHAILY) Has Caught The Eye Of Investors
Dec 16After Leaping 39% Shaily Engineering Plastics Limited (NSE:SHAILY) Shares Are Not Flying Under The Radar
Nov 28Is Shaily Engineering Plastics Limited (NSE:SHAILY) Potentially Undervalued?
Nov 12What Is Shaily Engineering Plastics Limited's (NSE:SHAILY) Share Price Doing?
Aug 14What Shaily Engineering Plastics Limited's (NSE:SHAILY) 27% Share Price Gain Is Not Telling You
Jun 28Shaily Engineering Plastics (NSE:SHAILY) Seems To Use Debt Quite Sensibly
Jun 20Shaily Engineering Plastics Limited's (NSE:SHAILY) 27% Price Boost Is Out Of Tune With Earnings
Apr 20What Is Shaily Engineering Plastics Limited's (NSE:SHAILY) Share Price Doing?
Apr 09Here's Why Shaily Engineering Plastics (NSE:SHAILY) Can Manage Its Debt Responsibly
Mar 14Shaily Engineering Plastics Limited's (NSE:SHAILY) 25% Price Boost Is Out Of Tune With Earnings
Feb 12Calculating The Intrinsic Value Of Shaily Engineering Plastics Limited (NSE:SHAILY)
Nov 29There Are Reasons To Feel Uneasy About Shaily Engineering Plastics' (NSE:SHAILY) Returns On Capital
May 20Robust Earnings May Not Tell The Whole Story For Shaily Engineering Plastics (NSE:SHAILY)
Jun 07Shaily Engineering Plastics Limited's (NSE:SHAILY) Popularity With Investors Is Under Threat From Overpricing
Apr 06Financial Position Analysis
Short Term Liabilities: SHAILY's short term assets (₹2.9B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: SHAILY's short term assets (₹2.9B) exceed its long term liabilities (₹791.8M).
Debt to Equity History and Analysis
Debt Level: SHAILY's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: SHAILY's debt to equity ratio has reduced from 77.8% to 35.4% over the past 5 years.
Debt Coverage: SHAILY's debt is well covered by operating cash flow (69.2%).
Interest Coverage: SHAILY's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 03:21 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shaily Engineering Plastics Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Naveed MD. | FirstCall Research |
| Hitesh Taunk | ICICIdirect.com |
| Ritesh Shah | Investec Bank plc (UK) |