{"id":331922,"date":"2026-10-29T12:47:07","date_gmt":"2026-10-29T07:17:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=331922"},"modified":"2026-10-29T12:47:07","modified_gmt":"2026-10-29T07:17:07","slug":"single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/","title":{"rendered":"3 Single Use Medical Device Maker, Precision Plastic Components Specialist and Houseware Brand Stocks With a Strong Future Roadmap: Poly Medicure, Shaily Engineering Plastics and Cello World"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Poly Medicure, Shaily Engineering Plastics and Cello World: ROE of 10.4% to 23.7% and FY22 to FY26 revenue CAGR of 14.7% to 20.0%. Prices as of 28 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three medical device and moulded products stocks to watch are Poly Medicure, Shaily Engineering Plastics and Cello World. Their return on equity ranges from 10.4% to 23.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.7% to 20.0%. Shaily Engineering Plastics has the highest return on equity at 23.7%, while Poly Medicure has the fastest revenue growth at 20.0% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Medical device and moulded products stocks let investors follow companies that serve a growing part of the Indian economy. Poly Medicure, Shaily Engineering Plastics and Cello World cover a single use medical device maker, a precision plastic components specialist and a houseware brand.<\/p>\n<p>This list covers three medical device and moulded products stocks with complete current figures: Poly Medicure, Shaily Engineering Plastics and Cello World. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#What_Are_Medical_Device_and_Moulded_Products_Stocks\" title=\"What Are Medical Device and Moulded Products Stocks?\">What Are Medical Device and Moulded Products Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Medical_Device_and_Moulded_Products_Stocks_at_a_Glance\" title=\"Medical Device and Moulded Products Stocks at a Glance\">Medical Device and Moulded Products Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Why_Do_Medical_Device_and_Moulded_Products_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Medical Device and Moulded Products Stocks Have a Strong Roadmap in India?\">Why Do Medical Device and Moulded Products Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Why_Poly_Medicure_Features_Among_These_Medical_Device_and_Moulded_Products_Stocks\" title=\"Why Poly Medicure Features Among These Medical Device and Moulded Products Stocks\">Why Poly Medicure Features Among These Medical Device and Moulded Products Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Why_Shaily_Engineering_Plastics_Features_Among_These_Medical_Device_and_Moulded_Products_Stocks\" title=\"Why Shaily Engineering Plastics Features Among These Medical Device and Moulded Products Stocks\">Why Shaily Engineering Plastics Features Among These Medical Device and Moulded Products Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Why_Cello_World_Features_Among_These_Medical_Device_and_Moulded_Products_Stocks\" title=\"Why Cello World Features Among These Medical Device and Moulded Products Stocks\">Why Cello World Features Among These Medical Device and Moulded Products Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Poly_Medicure_vs_Shaily_Engineering_Plastics_vs_Cello_World_on_Key_Financials\" title=\"Poly Medicure vs Shaily Engineering Plastics vs Cello World on Key Financials\">Poly Medicure vs Shaily Engineering Plastics vs Cello World on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Key_Risks_to_Check_Before_Investing_in_Medical_Device_and_Moulded_Products_Stocks\" title=\"Key Risks to Check Before Investing in Medical Device and Moulded Products Stocks\">Key Risks to Check Before Investing in Medical Device and Moulded Products Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Final_Thoughts_on_Medical_Device_and_Moulded_Products_Stocks\" title=\"Final Thoughts on Medical Device and Moulded Products Stocks\">Final Thoughts on Medical Device and Moulded Products Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#What_are_medical_device_and_moulded_products_stocks\" title=\"What are medical device and moulded products stocks?\">What are medical device and moulded products stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Which_medical_device_and_moulded_products_stocks_are_covered_in_this_list\" title=\"Which medical device and moulded products stocks are covered in this list?\">Which medical device and moulded products stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Why_do_medical_device_and_moulded_products_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do medical device and moulded products stocks have a strong future roadmap in India?\">Why do medical device and moulded products stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#How_has_Poly_Medicure_performed_financially\" title=\"How has Poly Medicure performed financially?\">How has Poly Medicure performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#How_has_Shaily_Engineering_Plastics_performed_financially\" title=\"How has Shaily Engineering Plastics performed financially?\">How has Shaily Engineering Plastics performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#How_has_Cello_World_performed_financially\" title=\"How has Cello World performed financially?\">How has Cello World performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#What_risks_should_investors_check_before_buying_medical_device_and_moulded_products_stocks\" title=\"What risks should investors check before buying medical device and moulded products stocks?\">What risks should investors check before buying medical device and moulded products stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/single-use-medical-device-maker-precision-plastic-components-specialist-and-houseware-brand-stocks-roadmap-questlist-list\/#Is_this_list_of_medical_device_and_moulded_products_stocks_investment_advice\" title=\"Is this list of medical device and moulded products stocks investment advice?\">Is this list of medical device and moulded products stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Medical_Device_and_Moulded_Products_Stocks\"><\/span><strong>What Are Medical Device and Moulded Products Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Medical device and moulded products stocks are listed companies that make infusion sets, syringes and catheters, produce moulded plastic parts for drug delivery devices and automobiles, and sell houseware, writing instruments and glassware to families. Their earnings depend on volumes, product mix and export orders.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Medical_Device_and_Moulded_Products_Stocks_at_a_Glance\"><\/span><strong>Medical Device and Moulded Products Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/polymed\/poly-medicure-ltd-share-price-today\">Poly Medicure<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,476<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15,721<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">59.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.11<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/shaily\/shaily-engineering-plastics-ltd-share-price-today\">Shaily Engineering Plastics<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,048.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13,693<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">77.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/cello\/cello-world-ltd-share-price-today\">Cello World<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">333.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,985<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">41.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.01<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Poly Medicure and Cello World trade at a P\/E below the industry P\/E, while Shaily Engineering Plastics trades above it, which reflects the growth the market already expects. Readers comparing medical device and moulded products stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Medical_Device_and_Moulded_Products_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Medical Device and Moulded Products Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Medical device and moulded products stocks have a strong roadmap in India because rising hospital use of disposable devices, global outsourcing of precision moulding and growing household spending keep widening the market for these device and plastics companies.<\/p>\n<ul>\n<li><strong>Disposable devices.<\/strong> Hospitals use single use products every day.<\/li>\n<li><strong>Global customers.<\/strong> Overseas orders support volumes.<\/li>\n<li><strong>Brand reach.<\/strong> A wide retail network supports household sales.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Poly_Medicure_Features_Among_These_Medical_Device_and_Moulded_Products_Stocks\"><\/span><strong>Why Poly Medicure Features Among These Medical Device and Moulded Products Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the medical device and moulded products stocks on this list, Poly Medicure makes single-use medical devices such as infusion sets, syringes, catheters, blood management products and dialysis consumables, and it exports to many countries.<\/p>\n<p>In the June 2026 quarter, revenue grew 25.5% year on year to Rs 559 crore. Revenue rose from Rs 961 crore in FY22 to Rs 1,995 crore in FY26, a compound annual growth rate of 20.0%.<\/p>\n<p>Net profit grew from Rs 147 crore in FY22 to Rs 321 crore in FY26, which works out to a compound annual growth rate of 21.6%. The company has a return on equity of 10.4%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 15,721 crore. The stock trades at a P\/E of 50.2, below the industry P\/E of 59.6.<\/p>\n<p><strong>Roadmap:<\/strong> The company is adding capacity and new products, including dialysis and cardiology devices, and it is growing its presence with global hospital customers. Rising healthcare spending supports demand for disposable devices.<\/p>\n<p><strong>What to watch:<\/strong> Track export growth, new product approvals and plant capacity use.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Shaily_Engineering_Plastics_Features_Among_These_Medical_Device_and_Moulded_Products_Stocks\"><\/span><strong>Why Shaily Engineering Plastics Features Among These Medical Device and Moulded Products Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the healthcare consumables and plastics shares on this list, Shaily Engineering Plastics makes precision injection moulded plastic components, including parts for medical drug-delivery devices, consumer products and automobiles, mainly for global customers.<\/p>\n<p>The company has a return on equity of 23.7%, a debt to equity ratio of 0.25 and a market capitalisation of Rs 13,693 crore. The stock trades at a P\/E of 77.5, above the industry P\/E of 35.6.<\/p>\n<p>Revenue rose from Rs 577 crore in FY22 to Rs 998 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 35.3 crore in FY22 to Rs 170 crore in FY26, which works out to a compound annual growth rate of 48.2%. In the June 2026 quarter, revenue grew 12.9% year on year to Rs 281 crore, while net profit rose 16.8% to Rs 48.0 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding in healthcare and consumer components, where global brands outsource complex moulding to trusted makers. Added capacity and new customer programmes support its order flow.<\/p>\n<p><strong>What to watch:<\/strong> Watch new customer programmes in drug-delivery devices and the pace of capacity additions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Cello_World_Features_Among_These_Medical_Device_and_Moulded_Products_Stocks\"><\/span><strong>Why Cello World Features Among These Medical Device and Moulded Products Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Cello World is a consumer products company that sells houseware, writing instruments, glassware and moulded furniture under the Cello brand through a wide distribution network.<\/p>\n<p>Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%.<\/p>\n<p>The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P\/E of 24.6, below the industry P\/E of 41.4.<\/p>\n<p><strong>Roadmap:<\/strong> The company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.<\/p>\n<p><strong>What to watch:<\/strong> Track growth in glassware and writing instruments, distribution expansion and input costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Poly_Medicure_vs_Shaily_Engineering_Plastics_vs_Cello_World_on_Key_Financials\"><\/span><strong>Poly Medicure vs Shaily Engineering Plastics vs Cello World on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three medical device and moulded products stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Poly Medicure<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">961<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,995<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">321<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Shaily Engineering Plastics<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">577<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">998<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">170<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Cello World<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,375<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,379<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">332<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Shaily Engineering Plastics posts the highest return on equity in this group at 23.7%. Cello World has the largest FY26 revenue at Rs 2,379 crore, and Poly Medicure shows the fastest revenue growth with a 20.0% compound annual rate. A useful habit with medical device and moulded products stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Medical_Device_and_Moulded_Products_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Medical Device and Moulded Products Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these medical device and moulded products stocks, the main points are: Long-term healthcare consumables and plastics shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Medical device rules.<\/strong> Approvals and quality standards can affect launches.<\/li>\n<li><strong>Raw material costs.<\/strong> Ingredient and packaging prices can move margins.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter medical device and moulded products stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Medical_Device_and_Moulded_Products_Stocks\"><\/span><strong>Final Thoughts on Medical Device and Moulded Products Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Medical device and moulded products stocks reward investors who follow demand trends, order books and margins together. Poly Medicure, Shaily Engineering Plastics and Cello World each have a clear plan to grow. Based on the 28 October 2026 close, Poly Medicure trades at Rs 1,476, Shaily Engineering Plastics at Rs 3,048.7 and Cello World at Rs 333.2.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track medical device and moulded products stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_medical_device_and_moulded_products_stocks\"><\/span><strong>What are medical device and moulded products stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Medical device and moulded products stocks are listed companies that make infusion sets, syringes and catheters, produce moulded plastic parts for drug delivery devices and automobiles, and sell houseware, writing instruments and glassware to families. Their earnings depend on volumes, product mix and export orders. This list looks at three of them, Poly Medicure, Shaily Engineering Plastics and Cello World, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_medical_device_and_moulded_products_stocks_are_covered_in_this_list\"><\/span><strong>Which medical device and moulded products stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Poly Medicure, Shaily Engineering Plastics and Cello World. Based on the 28 October 2026 close, Poly Medicure traded at Rs 1,476, Shaily Engineering Plastics at Rs 3,048.7 and Cello World at Rs 333.2. Their return on equity ranges from 10.4% to 23.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.7% to 20.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_medical_device_and_moulded_products_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do medical device and moulded products stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Medical device and moulded products stocks have a strong roadmap in India because rising hospital use of disposable devices, global outsourcing of precision moulding and growing household spending keep widening the market for these device and plastics companies. The main drivers are as follows. Disposable devices. Hospitals use single use products every day. Global customers. Overseas orders support volumes. Brand reach. A wide retail network supports household sales. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Poly_Medicure_performed_financially\"><\/span><strong>How has Poly Medicure performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 961 crore in FY22 to Rs 1,995 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 147 crore in FY22 to Rs 321 crore in FY26, which works out to a compound annual growth rate of 21.6%. In the June 2026 quarter, revenue grew 25.5% year on year to Rs 559 crore. The company has a return on equity of 10.4%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 15,721 crore. The stock trades at a P\/E of 50.2, below the industry P\/E of 59.6. Looking ahead, the company is adding capacity and new products, including dialysis and cardiology devices, and it is growing its presence with global hospital customers. Rising healthcare spending supports demand for disposable devices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Shaily_Engineering_Plastics_performed_financially\"><\/span><strong>How has Shaily Engineering Plastics performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 577 crore in FY22 to Rs 998 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 35.3 crore in FY22 to Rs 170 crore in FY26, which works out to a compound annual growth rate of 48.2%. In the June 2026 quarter, revenue grew 12.9% year on year to Rs 281 crore, while net profit rose 16.8% to Rs 48.0 crore. The company has a return on equity of 23.7%, a debt to equity ratio of 0.25 and a market capitalisation of Rs 13,693 crore. The stock trades at a P\/E of 77.5, above the industry P\/E of 35.6. Looking ahead, the company is expanding in healthcare and consumer components, where global brands outsource complex moulding to trusted makers. Added capacity and new customer programmes support its order flow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Cello_World_performed_financially\"><\/span><strong>How has Cello World performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%. The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P\/E of 24.6, below the industry P\/E of 41.4. Looking ahead, the company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_medical_device_and_moulded_products_stocks\"><\/span><strong>What risks should investors check before buying medical device and moulded products stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying medical device and moulded products stocks. Medical device rules. Approvals and quality standards can affect launches. Raw material costs. Ingredient and packaging prices can move margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_medical_device_and_moulded_products_stocks_investment_advice\"><\/span><strong>Is this list of medical device and moulded products stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 28 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are medical device and moulded products stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Medical device and moulded products stocks are listed companies that make infusion sets, syringes and catheters, produce moulded plastic parts for drug delivery devices and automobiles, and sell houseware, writing instruments and glassware to families. Their earnings depend on volumes, product mix and export orders. This list looks at three of them, Poly Medicure, Shaily Engineering Plastics and Cello World, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which medical device and moulded products stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Poly Medicure, Shaily Engineering Plastics and Cello World. Based on the 28 October 2026 close, Poly Medicure traded at Rs 1,476, Shaily Engineering Plastics at Rs 3,048.7 and Cello World at Rs 333.2. Their return on equity ranges from 10.4% to 23.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.7% to 20.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do medical device and moulded products stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Medical device and moulded products stocks have a strong roadmap in India because rising hospital use of disposable devices, global outsourcing of precision moulding and growing household spending keep widening the market for these device and plastics companies. The main drivers are as follows. Disposable devices. Hospitals use single use products every day. Global customers. Overseas orders support volumes. Brand reach. A wide retail network supports household sales. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Poly Medicure performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 961 crore in FY22 to Rs 1,995 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 147 crore in FY22 to Rs 321 crore in FY26, which works out to a compound annual growth rate of 21.6%. In the June 2026 quarter, revenue grew 25.5% year on year to Rs 559 crore. The company has a return on equity of 10.4%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 15,721 crore. The stock trades at a P\/E of 50.2, below the industry P\/E of 59.6. Looking ahead, the company is adding capacity and new products, including dialysis and cardiology devices, and it is growing its presence with global hospital customers. Rising healthcare spending supports demand for disposable devices.\"}},{\"@type\":\"Question\",\"name\":\"How has Shaily Engineering Plastics performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 577 crore in FY22 to Rs 998 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 35.3 crore in FY22 to Rs 170 crore in FY26, which works out to a compound annual growth rate of 48.2%. In the June 2026 quarter, revenue grew 12.9% year on year to Rs 281 crore, while net profit rose 16.8% to Rs 48.0 crore. The company has a return on equity of 23.7%, a debt to equity ratio of 0.25 and a market capitalisation of Rs 13,693 crore. The stock trades at a P\/E of 77.5, above the industry P\/E of 35.6. Looking ahead, the company is expanding in healthcare and consumer components, where global brands outsource complex moulding to trusted makers. Added capacity and new customer programmes support its order flow.\"}},{\"@type\":\"Question\",\"name\":\"How has Cello World performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%. The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P\/E of 24.6, below the industry P\/E of 41.4. Looking ahead, the company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying medical device and moulded products stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying medical device and moulded products stocks. Medical device rules. Approvals and quality standards can affect launches. Raw material costs. Ingredient and packaging prices can move margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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Compare price, valuation, return on equity and revenue growth as of 28 October 2026.<\/p>\n","protected":false},"author":38,"featured_media":331921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,12164,17983,17984,17982,7537,10086],"class_list":["post-331922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-cello-world","tag-healthcare-consumables-and-plastics-shares","tag-medical-and-consumer-plastics-stocks","tag-medical-device-and-moulded-products-stocks","tag-poly-medicure","tag-shaily-engineering-plastics"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["331921"],"rank_math_title":["Medical Device, Precision Plastics and Houseware Stocks"],"rank_math_description":["Compare 3 medical device and moulded products stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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