Shalby logo

Shalby share price

NSE: SHALBYBSE: 540797Healthcare ServicesSmall Cap

Last close ₹113.39down ₹1.80 (1.56%)BSE ₹113.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹115.19.

52-week range of traded prices to 23 Oct 2026
₹110.61Low, 23 Oct 2026₹253.00High, 23 Oct 2025
Market cap
₹1,225 Cr1,220th largest listed
P/E
31.2
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
3.9%
ROCE
4.6%
Debt to equity
0.54
Volume, NSE
1,03,86155.3% delivered

Share price

Daily closes since Dec 2017, adjusted for splits and bonuses

−54.1%over a year · Nifty 500 −9.8%

Results20-session average 97,579 shares a day, 52.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹331 Crup 15.23%
Net profit
₹10 Crdown 43.12%
Net margin
3.2%

Revenue by year

Peak revenue ₹1,141 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 30 OctDec 2024Filed 3 FebMar 2025Filed 16 JunJun 2025Filed 13 AugSep 2025Filed 13 NovDec 2025Filed 11 FebMar 2026Filed 27 MayJun 2026Filed 12 Aug
Revenue268276265296285272287331
Net profit2−3−128711810
Net margin0.9%−1.1%−4.6%2.6%2.5%0.5%6.4%3.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Healthcare Services₹1,010 Crup 3.10%88.5%
  • Manufacturing of Implants₹131 Crup 22.51%11.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 47% of 1,755 trading days since Oct 2018.

LowestHighest
Its median33.1Industry median41.4
Price to book

At or below today's level on 12% of 1,979 trading days since Oct 2018.

LowestHighest
Its median1.8Industry median4.8
EV to EBITDA12.2

At or below today's level on 25% of 1,979 trading days since Oct 2018.

LowestHighest
Its median16.5Industry median23.6
Dividend yield

At or below today's level on 31% of 2,119 trading days since Jan 2018.

LowestHighest
Its median0.47%Industry median0.26%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−35.7%+503.6%−89.3%0.0%
3 years−1.7%−18.0%+19.7%0.2%
5 years+5.1%−2.4%+7.3%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.33%
  • Foreign institutions4.65%
  • Indian institutions0.31%
  • Individuals and others20.08%
  • Employee trusts0.62%
Holder
SHAH FAMILY TRUST THROUH DR. VIKRAM SHAH, TRUSTEEPromoter34.79%
ZODIAC MEDIQUIP LIMITEDPromoter29.21%
VIKRAM INDRAJIT SHAHPromoter7.42%
DARSHINI VIKRAM SHAHPromoter2.79%
FIRST WATER FUNDForeign portfolio investors, category I1.81%
SHANAY VIKRAM SHAHPromoter0.13%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

4 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 3 of the 3 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
3
Held unchanged
1
Fund
Groww Mutual Fund logoGroww BSE Hospitals ETFGroww Mutual Fund19,3200.17%₹0.27 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE Healthcare ETFMotilal Oswal Mutual Fund7520.02%₹0.01 Cr
Bandhan Mutual Fund logoBandhan BSE Healthcare Index FundBandhan Mutual Fund3550.02%₹49,000
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund80–₹11,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Hospital, 38 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Shalby in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Indraprastha Medical Corporation logoIndraprastha Medical CorporationINDRAMEDCO2,74814.63.79.1+10.9%+12.1%28.1%30.8%1.33%
Dr Agarwals Eye Hospital logoDr Agarwals Eye HospitalDRAGARWQ2,44332.17.116.6+20.0%+31.9%27.4%24.5%0.14%
K M C Speciality Hospitals (India) logoK M C Speciality Hospitals (India)KMCSHIL2,33941.911.123.6+35.1%+137.8%29.8%27.5%0.00%
Gujarat Kidney and Super Speciality logoGujarat Kidney and Super SpecialityGKSL1,391–5.550.6–––8.0%0.00%
GPT Healthcare logoGPT HealthcareGPTHEALTH1,07522.74.011.9+18.1%−0.8%18.3%22.1%1.91%
Unihealth Hospitals logoUnihealth HospitalsUNIHEALTH85032.9––+137.4%+70.6%21.4%19.9%0.00%
Rays of Belief logoRays of BeliefMOMSBELIEF552–––––––0.00%
Asarfi Hospital logoAsarfi HospitalASARFI33520.13.4–+43.2%+57.5%18.7%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.20 a share, years to Mar 2023 and Mar 2024.
Ex-dateTypePer share
19 Sep 2024Final₹1.20
8 Aug 2023Final₹1.20
19 Sep 2022Final₹1.00
17 Sep 2021Final₹1.00
4 Sep 2020Final₹0.50
16 Aug 2019Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Shalby share price by year

Each calendar year to 2025.Shalby share price history

YearClose at year endChangeHighest closeLowest close
2025203.93−11.2%266.83180.06
2024229.65−24.1%320.70210.59
2023302.60+100.7%323.05116.05
2022150.75+7.0%155.1596.00
2021140.95+29.7%210.7598.40
2020108.65+17.2%116.3042.55
201992.70−36.5%147.0577.90
2018146.05−32.1%266.75132.60
2017215.25–239.60213.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 15 Dec 2017.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026115.90116.00110.61113.39112.881,03,86155.3%
22 Oct 2026120.58122.98114.20115.19116.382,43,00965.6%
21 Oct 2026127.98128.00120.00120.58123.481,67,25564.4%
19 Oct 2026128.95129.80126.00126.32127.3562,33669.0%
16 Oct 2026132.50133.10128.40128.95129.881,34,76167.7%
15 Oct 2026133.51133.51130.16131.40131.8938,10256.6%
14 Oct 2026132.32134.28132.15133.51133.0923,69149.4%
13 Oct 2026132.64133.07129.00132.32131.5642,49646.4%
12 Oct 2026131.60134.64131.01132.83132.7245,15549.5%
9 Oct 2026131.00132.89129.90131.84131.0951,03842.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Shalby Limited
NSE symbol
SHALBY
BSE code
540797
ISIN
INE597J01018
Industry
Healthcare Services
Listed
Dec 2017
Face value
₹10
CIN
L85110GJ2004PLC044667
Corporate identity number, the registrar of companies' code for it