Shardul Securities share price
NSE: SHARDULBSE: 512393Capital MarketsSmall Cap
Last close ₹50.50down ₹2.65 (4.99%)BSE ₹49.82
Share price at the NSE close on 23 Oct 2026. Previous close ₹53.15.
52-week range of BSE trades to 23 Oct 2026
₹20.14Low, 23 Mar 2026₹59.55High, 22 Jul 2026
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹442 Cr2,233rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 20 Oct 2026
- 15.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 20 Oct 2026
- 0.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 20 Oct 2026
- 3.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 20 Oct 2026
- 4.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 20 Oct 2026
- 0.59
- Volume, NSEVolume. Shares traded on the last trading day.
- 1,061
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 20 Oct
- RevenueRevenue. Under it, revenue in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹26 CrQuarter to Jun 2026: ₹189 Cr
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹33 CrQuarter to Jun 2026: ₹143 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 124.8%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in the year to Mar 2026, −₹49 CrA loss in 2 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹5.50 Cr, differs from its quarters added, ₹14 Cr. From the year to Mar 2022, the company's revenue for that year, ₹15 Cr, differs from its quarters added, ₹17 Cr. From the year to Mar 2026, the company's revenue for that year, ₹16 Cr, differs from its quarters added, ₹46 Cr.
| ₹ crore | Dec 2024Filed 5 Jul | Mar 2025Filed 28 May | Jun 2025Filed 29 Jul | Sep 2025Filed 28 Nov | Dec 2025Filed 29 Jan | Mar 2026Filed 27 May | Jun 2026Filed 10 Jul | Sep 2026Filed 20 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | −33 | −85 | 94 | −39 | −13 | 5 | 189 | −26 |
| Net profit | −40 | −70 | 70 | −39 | −17 | −64 | 143 | −33 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 121.4% | 82.2% | 74.7% | 97.9% | 131.7% | −1,388.8% | 75.4% | 124.8% |
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.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹16 Cr, differs from its quarters added, ₹46 Cr.
Business segments
One segment, Other activity, carries all the revenue in the year to Mar 2026.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2020, Mar 2022 and Mar 2026: days before it are of the company before the change.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 53% of 897 trading days over the last 5 years.
LowestHighest
Its median11.8Industry median18.6
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 70% of 1,731 trading days since Nov 2018.
LowestHighest
Its median0.4Industry median1.5
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.13.5
At or below today's level on 67% of 897 trading days over the last 5 years.
LowestHighest
Its median8.0Industry median5.2
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 73% of 2,194 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median0.82%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −47.2% | – | – | 0.0% |
| 3 years | +4.0% | – | – | 0.0% |
| 5 years | +17.0% | – | – | 0.0% |
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 and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.
Peers and competitors
Stockbroking & Allied, 43 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Shardul Securities in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
 Dam Capital AdvisorsDAMCAPITAL | 927 | 12.8 | 2.8 | 5.2 | – | – | 24.4% | 31.7% | – | – | 0.76% |
 Master TrustMASTERTR | 920 | 6.9 | 1.1 | −2.7 | +7.0% | +8.0% | 18.4% | 23.1% | 1.60% | 2.27% | 0.00% |
 Emkay Global Financial ServicesEMKAY | 709 | 36.3 | – | – | +21.6% | −59.1% | 5.7% | 4.3% | – | – | 0.59% |
 Aditya Birla MoneyBIRLAMONEY | 603 | 11.0 | 1.9 | – | +22.3% | −3.0% | 18.6% | – | 1.97% | 7.38% | 0.00% |
 Indo Thai SecuritiesINDOTHAI | 412 | 6.0 | 1.5 | 2.8 | +217.6% | – | 28.1% | 32.5% | – | – | 0.32% |
 Pune E - Stock BrokingPESB | 392 | 19.9 | 2.3 | – | −14.7% | +7.7% | 12.6% | – | – | – | 0.40% |
 Almondz Global SecuritiesALMONDZ | 323 | 9.9 | – | – | +33.1% | +79.1% | 12.7% | 6.9% | – | – | 0.00% |
 Shah Investor's HomeSHAHINVEST | 303 | – | – | – | – | – | – | – | – | – | 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; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts. 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. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments.
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
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹0.12 a share, years to Mar 2017, Mar 2018 and Mar 2019.
| Ex-date | Type | Per share |
|---|---|---|
| 4 Sep 2019 | Final | ₹0.60 |
| 18 Jul 2018 | Final | ₹0.60 |
| 21 Sep 2017 | Final | ₹0.60 |
| 17 Mar 2016 | Interim | ₹0.60 |
| 3 Sep 2015 | Final | ₹0.80 |
| 27 Aug 2014 | Final | ₹0.70 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
15 Oct · Board meeting
Meeting on 20 Oct 2026: quarterly results12 Oct · Letter Of Offer For Buy-Back Of Equity Shares Of The Company
1 Oct · Special Resolution For Buyback Of Equity Shares
Shardul Securities share price by year
Each calendar year to 2025.Shardul Securities share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025BSE close | 34.18 | −60.4% | 88.85 | 34.01 |
| 2024BSE close | 86.33 | +170.4% | 111.37 | 29.84 |
| 2023BSE close | 31.93 | +53.8% | 34.79 | 17.45 |
| 2022BSE close | 20.76 | +5.1% | 24.43 | 16.80 |
| 2021BSE close | 19.75 | +137.7% | 25.29 | 8.35 |
| 2020BSE close | 8.31 | −9.7% | 10.62 | 5.68 |
| 2019BSE close | 9.20 | −6.1% | 11.92 | 6.08 |
| 2018BSE close | 9.80 | +5.2% | 11.71 | 8.01 |
| 2017BSE close | 9.32 | +23.3% | 12.52 | 6.85 |
| 2016BSE close | 7.56 | −20.2% | 9.69 | 7.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 53.15 | 53.15 | 50.50 | 50.50 | 50.82 | 1,061 |
| 22 Oct 2026 | 53.15 | 53.15 | 53.15 | 53.15 | 53.15 | 1,366 |
| 21 Oct 2026 | 55.94 | 55.94 | 55.94 | 55.94 | 55.94 | 1,487 |
| 19 Oct 2026 | 58.96 | 59.00 | 56.56 | 58.88 | 58.23 | 10,042 |
| 16 Oct 2026 | 57.00 | 59.25 | 56.05 | 58.38 | 57.55 | 3,897 |
| 15 Oct 2026 | 58.26 | 59.00 | 56.20 | 56.88 | 57.04 | 4,744 |
| 14 Oct 2026 | 57.50 | 59.90 | 57.50 | 58.26 | 58.47 | 2,609 |
| 13 Oct 2026 | 58.18 | 59.76 | 57.50 | 58.04 | 58.95 | 12,712 |
| 12 Oct 2026 | 55.41 | 58.20 | 55.41 | 56.92 | 56.86 | 6,179 |
| 9 Oct 2026 | 58.00 | 58.20 | 55.43 | 58.20 | 57.56 | 1,988 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Jan 2025 | Split | 0.2000 | Each share became 5. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- Legal name
- Shardul Securities Limited
- NSE symbol
- SHARDUL
- BSE code
- 512393
- ISIN
- INE037B01020
- Industry
- Capital Markets
- Listed
- Apr 1986
- Face value
- ₹2
- CIN
- L50100MH1985PLC036937
- Corporate identity number, the registrar of companies' code for it