Shaily Engineering Plastics Limited , a leading manufacturer of customized plastic components, has announced a significant employee stock option grant under its Shaily Employee Stock Option Plan 2019 (ESOP 2019). The company's Nomination and Remuneration Committee has approved the allocation of 94,500 stock options to eligible employees, marking a notable move in employee compensation and retention strategy.

Key Details of the Stock Option Grant

The stock option grant, approved on November 8, 2025, includes the following key features:

Vesting and Pricing Mechanism

The vesting of these options is structured to occur in three equal installments, with one-third of the granted options vesting after the completion of one, two, and three years from the grant date, respectively. This staggered vesting approach aims to promote long-term employee engagement and align employee interests with the company's performance over time.

The pricing formula for these options is set at one-third of the market price on the respective vesting dates for each tranche. This mechanism potentially offers employees the opportunity to benefit from the company's stock price appreciation over the vesting period.

ESOP 2019 Background

The ESOP 2019 plan, previously approved by the company's members, originally authorized up to 131,570 employee stock options. This number was adjusted following a share subdivision from ₹10.00 to ₹2.00 face value per share, which took effect on November 23, 2023.

Implications and Outlook

This stock option grant represents a strategic move by Shaily Engineering Plastics to incentivize and retain key talent. By offering employees a stake in the company's future, the program aims to foster a sense of ownership and align employee interests with those of shareholders.

As the plastic manufacturing sector continues to evolve, such employee incentive programs may play a crucial role in attracting and retaining skilled professionals, potentially contributing to the company's long-term growth and competitiveness in the market.

Investors and stakeholders will likely monitor how this ESOP grant impacts employee retention, motivation, and overall company performance in the coming years.

Shaily Engineering Plastics Limited , a leading manufacturer of customized plastic components, has reported strong financial results for the second quarter ended September 30, 2025, showcasing significant growth across key metrics.

Financial Highlights

The company's consolidated financial results for Q2 FY2026 reveal impressive year-over-year growth:

Key Performance Indicators

Revenue Growth

The company's consolidated revenue from operations increased by 14% to ₹246.00 crore, up from ₹216.21 crore in the same quarter last year. This growth indicates strong demand for Shaily Engineering Plastics' products and effective market strategies.

Profit Increase

Net profit after tax saw a significant rise of 26.84%, reaching ₹52.55 crore compared to ₹41.43 crore in the previous year's Q2. This increase in profitability underscores the company's improved operational efficiency and cost management.

Earnings Per Share

Basic earnings per share (EPS) for the quarter stood at ₹11.44, a 26.83% increase from ₹9.02 in the same quarter last year, reflecting the company's enhanced profitability on a per-share basis.

Half-Year Performance

For the half-year period ended September 30, 2025, Shaily Engineering Plastics reported consolidated revenue of ₹492.01 crore, compared to ₹423.30 crore in the corresponding period of the previous year, representing a growth of 16.23%.

Company Overview

Shaily Engineering Plastics Limited specializes in manufacturing customized components of plastic and other materials. The company operates in a single business segment and has demonstrated consistent growth and innovation in its field.

Board Approval

The Board of Directors approved these unaudited standalone and consolidated financial results in their meeting held on November 8, 2025.

Conclusion

Shaily Engineering Plastics' robust Q2 performance demonstrates its resilience and adaptability in a dynamic market environment. The significant improvements across all financial metrics suggest that the company's strategic initiatives and focus on operational excellence are yielding positive results.

The substantial increase in profit and revenue positions Shaily Engineering Plastics favorably for continued growth. As the company leverages its manufacturing expertise in customized plastic components, it appears well-equipped to capitalize on market opportunities.