Results - Announcements
Shish Industries Ltd share price gained 0.59% to Rs 11.84 after the company's net profit plunged by 138.32% to Rs 0.82 crore, while revenue from operations increased 14.31% to Rs 40.57 crore in Q2FY27 over Q2FY26.
The market capitalization of Plastic Products - Industrial industry group stocks on BSE stood at Rs 1.43 lakh crore, rallying 17.12%. It has marginally improved by 5.34% over last one week and dipped slightly by 1.10% in last one month while the market capitalization of Shish Industries Ltd has slipped by 1.25% and 10.55% in the same period respectively.
Profit before tax (PBT) of Shish Industries Ltd stood at Rs 1.81 crore in Q2 FY27, crashing by 30.92% year-on-year, and plunging by 184.58% quarter-on-quarter. EBITDA came in at Rs 2 crore, nosediving by 53.71% YoY and tanking 356.67% sequentially.
Total expenses saw a slight increase of 5.06% to Rs 39.65 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 25.81 crore, easing 7.62% YoY, while employee benefits expense was at Rs 2.07 crore, ticking higher by 6.70% YoY.
For FY26, revenue from operations rose 15.60% to Rs 134.39 crore, while net profit softened by 1.51% to Rs 5.88 crore, compared to previous FY. EBITDA surged by 793% to Rs 6.8 crore, and PBT improved 13.13% to Rs 8.96 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 13.9 crore in FY26, as against Rs 2.52 crore in FY25.
Shish Industries Ltd jumped 37.83% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 4.80% during the same period.