Shalby logo

Shalby share price

NSE: SHALBYBSE: 540797Healthcare ServicesSmall Cap

Shalby Limited · Face value ₹10 · Listed Dec 2017 · Issue price ₹248
Last close ₹118.68up ₹3.39 (2.94%)BSE ₹118.55

Share price at the NSE close on 27 Oct 2026. Previous close ₹115.29.

27 Oct: open ₹114.32, high ₹120.18, low ₹114.32

52-week range of traded prices to 27 Oct 2026
₹110.61Low, 23 Oct 2026₹252.05High, 4 Nov 2025
Market cap
₹1,282 Cr1,220th largest listed
P/E
32.61
P/B
1.28
Dividend yield
Nonein the last 12 months
ROE
3.9%
ROCE
4.6%
Debt to equity
0.54
Volume, NSE
38,45253.8% delivered

Shalby share price chart

Daily closes since Dec 2017, adjusted for splits and bonuses

−50.9%over a year · Nifty 500 −8.8%

Results20-session average 92,566 shares a day, 54.5% delivered

Results

Consolidated; ₹ crore.Shalby quarterly results

Revenue growth, 12 months
+6.5%
Net profit growth, 12 months
–

Quarter to Jun 2026, against the quarter before

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

Revenue by quarter

₹268 CrSep 24₹276 CrDec 24₹265 CrMar 25₹296 CrJun 25₹285 CrSep 25₹272 CrDec 25₹287 CrMar 26₹331 CrJun 26
Peak revenue ₹331 Cr, quarter to Jun 2026; lowest ₹265 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹2.36 CrSep 24−₹2.99 CrDec 24−₹12 CrMar 25₹7.68 CrJun 25₹7.28 CrSep 25₹1.28 CrDec 25₹18 CrMar 26₹10 CrJun 26
A loss in 2 of the 8 quarters shown
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
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.Shalby PE ratio and valuation

Price to earnings

At or below today's level on 49% of 1,757 trading days since Oct 2018.

LowestHighest
Its median33.11Industry median42.90
Price to book

At or below today's level on 14% of 1,981 trading days since Oct 2018.

LowestHighest
Its median1.80Industry median4.88
Dividend yield

At or below today's level on 31% of 2,121 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.

Shareholding

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

Since Jun 2026: promoters unchanged, foreign institutions +0.19 pts, Indian institutions +0.01 pts, mutual funds +0.01 pts.

Mutual fund holdings

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
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Shalby insider trading

Bought on the market Sold on the market
  • Promoters and promoter group1 purchase, 0 sales₹0.08 CrNo saleNet₹0.08 Cr
  • Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Shalby competitors and peers

Hospital, 39 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Shalby in market cap.Healthcare companies

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 CorporationINDRAMEDCO2,86215.223.87+10.9%+12.1%28.1%30.8%1.28%
Dr Agarwals Eye Hospital logoDr Agarwals Eye HospitalDRAGARWQ2,53433.247.32+20.0%+31.9%27.4%24.5%0.13%
K M C Speciality Hospitals (India) logoK M C Speciality Hospitals (India)KMCSHIL2,41343.2711.47+35.1%+137.8%29.8%27.5%0.00%
Gujarat Kidney and Super Speciality logoGujarat Kidney and Super SpecialityGKSL1,375–5.44–––8.0%0.00%
GPT Healthcare logoGPT HealthcareGPTHEALTH1,10023.284.08+18.1%−0.8%18.3%22.1%1.86%
Unihealth Hospitals logoUnihealth HospitalsUNIHEALTH94336.52–+137.4%+70.6%21.4%19.9%0.00%
Rays of Belief logoRays of BeliefMOMSBELIEF509––––––0.00%
Asarfi Hospital logoAsarfi HospitalASARFI32519.513.33+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.Shalby dividend history

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

Mar 180.5Mar 190.5Mar 201Mar 211Mar 221.2Mar 231.2Mar 24Mar 25Mar 26
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.Shalby 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 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026114.50116.56112.00115.29114.5087,15963.4%
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%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
VIKRAM INDRAJIT SHAH
At the end of the quarter to Sep 2026
NSE symbol
SHALBY
BSE code
540797
ISIN
INE597J01018
Industry
Healthcare Services
CIN
L85110GJ2004PLC044667
Corporate identity number, the registrar of companies' code for it
Incorporated
2004
Registered office
Sarkhej Gandhinagar Highway, Opposite Karnawati Club, Near Prahlad Nagar Garden, Ahmedabad 380015, Gujarat
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments