Small-cap Multibagger Surges 5% on Latest Order Win

Shaily Engineering Plastics Share Price Jumps 5% on Major Order Announcement

Company Overview Shaily Engineering Plastics, India's largest exporter of plastics components, has received a major order from a large domestic pharma company for the supply of pen injectors over a period of 4 years. The size of the contract is approximately ₹423 crore.

Financial Performance In the third quarter of FY26, Shaily Engineering Plastics' consolidated revenue was ₹250.5 crore, registering a growth of 27% from ₹197.6 crore in the year-ago quarter. The company's net profit in Q3FY26 increased 48% to ₹37.4 crore from ₹25.2 crore, year-on-year. EBITDA during the December quarter rose 43% to ₹66.4 crore from ₹46.3 crore, while EBITDA margin improved by 310 bps to 26.5% from 23.4%, YoY.

Share Price Movement Shaily Engineering Plastics share price has corrected sharply by nearly 36% in just 11 weeks, reflecting aggressive distribution and structural breakdown. The company's share price has fallen 24% in three months and has dropped 7% in six months. However, the small-cap stock has risen 32% in one year, and has delivered multibagger returns of 283% in two years, and a staggering 980% over the past five years.

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Technical Outlook The recent open-equals-high formation reinforces selling pressure at higher levels, signaling supply dominance and lack of follow-through buying. Moving averages remain negatively aligned and are acting as dynamic resistance on rallies. Volume behavior during the decline suggests active liquidation rather than orderly profit booking. A breakdown from the current consolidation would likely trigger an immediate move toward the ₹1,534 zone.