Shaily is deepening its foray into its own IP (intellectual property) devices PRO Only Highlights - Quarterly performance largely backed by improved realisations. Medium-term triggers China plus and protectionist measures for tyre industry Highlights Exporter of high-precision plastic products Long-standing relationship with MNC clients Diversification towards IP-led healthcare business to be key growth catalyst Post capex cycle, spare capacity keeps it ready for China+1 opportunities Valuation at premium but justified