Shalby Ltd.

NSE: SHALBY | BSE: 540797

Shalby Live Share Price Today, Share Analysis and Chart

aboutShalby Ltd. is a multi-specialty healthcare provider and a global leader in joint replacement surgeries. Based in Ahmedabad, India, the company operates a network of multi-specialty hospitals and has diversified into the medical consumables and impla... Read More

-1.32(-1.08%)

52.14% Fall from 52W High

53,502

NSE+BSE Volume

NSE 30 Oct, 2026 3:31 PM (IST)

Portfolio

Alert

My Notes

Board Meeting

The next board meeting for Shalby is on 03 Nov 2026 for the purpose of Quarterly Results See details

Durability score

- / 100

Valuation Score

- / 100

Momentum Score

37.7 / 100

Mid-range PerformerThese stocks have affordable valuations, but mid range financials and momentumView Similar Embed DVM

Analyst Price Target

No estimates available

SWOT Analysis

Check Before You Buy

VIEW FULL CHECKLIST

Medium rank

10Positive13Negative

43.5%Pass in checklist

045

100

Check P/E Buy Sell Zone

Buy Zone

38.0 % into P/E buy sell zone

% time spent below current P/E

020406080100

Strong upside potential

Gains already realized

Shalby Stock Price Analysis

Day Price Range -1.1% 1 Day return	120.6 (LTP) 119.8122 LowHigh
Week Price Range 6.4% 1 Week return	120.6 (LTP) 112126.9 LowHigh
Month Price Range -9.7% 1 Month return	120.6 (LTP) 110.6137.1 LowHigh
52 Week Price Range -50.0% 1 Year return	120.6 (LTP) 110.6252 LowHigh

View full Price History/Seasonality

Competitors/Peers

Revenue Mix

Quarterly

Annual

Balance Sheet

Ratios

Cash Flow

Documents

Shalby quarterly results: revenue, profit, and P&L – 13 quarter history

Nested row level

Base Level

Reporting Type

Standalone

Cell Data

Actual

Table Settings

YoY & New to Old

Nested row level

Base Level

Export

POSITIVE
Quarterly Revenue Shalby Jun-2026 Quarterly Revenue is Rs 259 Cr which is growth of 7.0% YoY.
NEGATIVE
Quarterly Net Profit Shalby Jun-2026 Quarterly Net Profit is Rs 25 Cr which is growth of -2.4% YoY.

Shalby Ltd., Quarterly, standalone, All financials are in INR Cr and price data in INR
Indicator	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23	Jun '23
TOTAL_SR_Q Total Rev. ⌄	259.1	230.5	221	229.8	242.2	214.2	226.9	217.6	240.2	210.7	200.4	223.1	216.4
SR_Q Operating Rev.	253.8	224.9	215.2	224	236.7	207.1	220.6	212.3	232.7	206.3	195.2	217.1	211.1
OI_Q Other Income	5.3	5.6	5.8	5.8	5.5	7.1	6.3	5.3	7.5	4.4	5.2	6	5.3
OEXPNS_Q Operating Exp.	211.3	193.4	185.6	185	189.8	176.2	178.1	176.8	182.2	168.1	151.9	165.6	166.6
OEXPNS_Q Operating Exp.	211.3	193.4	185.6	185	189.8	176.2	178.1	176.8	182.2	168.1	151.9	165.6	166.6
OP_Q Operating Profit	42.5	31.5	29.6	39	46.8	30.8	42.5	35.5	50.5	38.3	43.2	51.5	44.5
OPMPCT_Q Operating Profit Margin %	16.74%	13.99%	13.77%	17.40%	19.79%	14.89%	19.27%	16.71%	21.71%	18.54%	22.14%	23.74%	21.07%
DEP_Q Depr.	10.8	10.5	10	9.9	9.7	9.6	9.9	9.8	9.5	9.1	9.3	9.4	9.2
INT_Q Interest	3.1	2.4	3.6	4.3	2.6	2.7	3.1	2.7	2.7	1	0.6	0.7	0.6
PBT_Q Profit Before Tax	33.9	23.5	21.9	30.6	40.1	25.7	35.8	28.3	45.8	32.5	38.5	47.3	40
TAX_Q Tax	8.8	-30.2	8.1	10.8	14.4	10.7	14.9	11	15.4	10	13.8	16.9	13.8
NP_Q Net Profit	25.1	53.7	13.8	19.8	25.7	15	20.9	17.3	30.5	22.6	24.7	30.4	26.2
EPS_adj_Q EPS Adj. latest	2.3	5	1.3	1.8	2.4	1.4	1.9	1.6	2.8	2.1	2.3	2.8	2.4
NP_TTM Net profit TTM	112.3	112.9	74.2	81.3	78.9	83.6	91.2	95.1	108.1	103.8	99.6	94.1	85.5
EPS_TTM Basic EPS TTM	10.4	10.5	6.9	7.6	7.3	7.8	8.5	8.9	10.1	9.7	9.3	8.8	8
earnings_transcripts Earnings Transcripts
ai_summary AI Summary
results_pdf Results PDF
result_notes Result Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes		Notes

*All financials are in INR Cr and price data in INR

Add metric to table

Search...

VIEW ALL TABLE IN FINANCIAL PAGE

Shalby Technical Analysis

Shalby EMA & SMA

Bearish-6

1 bullish, 7 bearish

Bullish1

Bearish7

5 Day	120.6
10 Day	121.9
12 Day	122.8
20 Day	126.4

26 Day	128.9
50 Day	136.9
100 Day	147.0
200 Day	160.1

Shalby Delivery And Volume

Daily Avg. Delivery Volume %

30 Oct, 202650.4%

Week57.6%

Month58.1%

Legend

Positive IndicatorNeutral IndicatorNegative Indicator

Shalby Resistance and Support

120.82

Pivot

First Resistance	121.8
Second Resistance	123.0
Third Resistance	124.0

First Support	119.7
Second Support	118.7
Third Support	117.5

Day RSI	36.7
Day MACD	-6.1
Day MFI	25.7
Day MACD Signal Line	-6.2

Shalby Beta

1 Month	0.9
1 Year	1.4

3 Month	1.1
3 Year	1.2

Shalby Price Change Analysis

↓-9.7%

Over 1 Month

LowHigh

110.6137.1

↓-25.2%

Over 3 Months

LowHigh

110.6169.0

↓-24.9%

Over 6 Months

LowHigh

110.6182.3

↓-50%

Over 1 Year

LowHigh

110.6252.1

Shalby Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026

Name	Category	Shares	Shares %
Shah Family Trust Throuh Dr. Vikram Shah, Trustee	Promoter	37,577,132	34.8 %
First Water Fund	Fii	1,951,138	1.8 %
Huf	Public	844,192	0.8 %

HISTORICAL PROMOTER HOLDING

Promoters holding remains unchanged at 74.33% in Sep 2026 qtr

HISTORICAL FII HOLDING

FII/FPI have increased holdings from 4.47% to 4.65% in Sep 2026 qtr.

HISTORICAL MF HOLDING

Mutual Funds have increased holdings from 0.01% to 0.02% in Sep 2026 qtr.

All Shareholding details

Shalby Deals - Insider, Bulk, Block and SAST

Client Name	Deal Type	Action	Date	Avg. Price	Quantity	Exchange
GRAVITON RESEARCH CAPITAL LLP	Bulk	Sell	22 Sep 2025	266.55	1,354,105	NSE
GRAVITON RESEARCH CAPITAL LLP	Bulk	Purchase	22 Sep 2025	266.34	1,354,105	NSE
MUSIGMA SECURITIES	Bulk	Sell	05 Sep 2025	223.36	548,438	NSE
NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	Sell	05 Sep 2025	223.57	568,902	NSE
NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	Purchase	05 Sep 2025	223.40	568,902	NSE
MUSIGMA SECURITIES	Bulk	Purchase	05 Sep 2025	223.24	548,438	NSE
HARESH TIKAMDAS KASWANI	Block	Sell	13 Jun 2025	180	700,000	NSE
FIRST WATER FUND	Block	Purchase	13 Jun 2025	180	700,000	NSE
HARESH TIKAMDAS KASWANI	Bulk	Sell	13 Jun 2025	180	700,000	NSE
FIRST WATER FUND	Bulk	Purchase	13 Jun 2025	180	700,000	NSE

All deals

All insider trades

Shalby Corporate Actions

Shalby Dividend history and yield

Shalby dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Shalby dividend yield over time.

#Ex-Date	Dividend Amount	Dividend Type	Record Date	Instrument Type
119 Sep 2024	1.2	FINAL	-	Equity Share
208 Aug 2023	1.2	FINAL	-	Equity Share
319 Sep 2022	1	FINAL	-	Equity Share
417 Sep 2021	1	FINAL	-	Equity Share
504 Sep 2020	0.5	FINAL	-	Equity Share

Shalby Board Meetings

Shalby past and upcoming board meetings.

#Ex-Date	Purpose	Notes
103 Nov 2026	Quarterly Results	-
212 Aug 2026	Quarterly Results	(Revised)
327 May 2026	Audited Results & Final Dividend	-
411 Feb 2026	Quarterly Results	-
513 Nov 2025	Quarterly Results	-

All Corporate Actions

Shalby Research Reports

Shalby research reports with share price targets, and buy/hold/sell recommendations from top brokers.

# Date	Broker Name	Target	Price When Recommended	Type	Upside	Change Since Recommendation	Links
103 Nov 2024	ICICI Direct	310	226.38	Buy	36.94%	-46.71%	pdf
214 Jul 2024	ICICI Direct Target	350	284.4	Buy	23.07%	-57.58%	pdf
307 Apr 2024	ICICI Direct	320	282.1	Buy	13.43%	-57.24%	pdf
402 Apr 2024	ICICI Direct Target	320	262.7	Buy	21.81%	-54.08%	pdf
506 Dec 2023	AUM Capital	376	306.9	Buy	22.52%	-60.69%	pdf

All Reports of Shalby

Shalby Corporate Filings

Shalby BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

Date	Announcement Title	Details	Links
28 Oct 2026	Shalby Ltd - 540797 - Shalby Hospital, Jabalpur Is Now Fully Operational	Intimation u/r. 30 of SEBI LODR	PDF
23 Oct 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	Schedule of Earnings Conference Call to discuss Q2FY2027 earnings	PDF
22 Oct 2026	Shalby Ltd - 540797 - Board Meeting Intimation for Approval Of Unaudited Standalone And Consolidated Financial Results For Period Ended On September 30, 2026	Shalby Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Board Meeting Intimation	PDF
17 Oct 2026	Shalby Ltd - 540797 - Withdrawal Of Suspension Of Registration Of Shalby Hospital, Jabalpur	Intimation u/r. 30 of SEBI LODR	PDF
14 Oct 2026	Shalby Ltd - 540797 - Intimation U/R. 30 Of SEBI LODR	Intimation u/r. 30 of SEBI LODR	PDF

VIEW ALL

Shalby DocumentsAsk MarketMind AI

Shalby Earnings Call

Shalby earnings calls, including management commentary and AI-generated summaries.

Date	Title	Links
19 Aug 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript	Link
13 Aug 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	Link
02 Jun 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript	Link
18 Feb 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript	Link
14 Aug 2025	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	Link

view all

Shalby Annual Reports

Shalby financials, including annual results, balance sheets, and cash flow statements.

Date	Report Title	Links
2026	Annual Report Mar-2026	Link
2025	Annual Report Mar-2025	Link
2024	Annual Report Mar-2024	Link
2023	Annual Report Mar-2023	Link
2022	Annual Report Mar-2022	Link

Shalby Credit Ratings

Shalby credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

Date	Rating Agency	Company Name	Description	Links
26 Jul 2026	icra ratings	Shalby Limited	Rating downgraded to [ICRA]A; outlook revised to Stable; rated amount enhanced	Link
05 Jun 2025	icra ratings	Shalby Limited	Update on Material Event; Rating reaffirmed and outlook revised from Stable to Negative	Link
03 Mar 2025	icra ratings	Shalby Limited	Ratings reaffirmed and assigned for enhanced amount	Link
20 Mar 2024	icra ratings	Shalby Limited	Update on Material Event	Link
29 Jan 2024	icra ratings	Shalby Limited	Update on Material Event	Link

Shalby Investor Presentations

Shalby investor presentations, including business updates, financial insights, and strategic initiatives.

Date	Report Title	Links
12 Aug 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Investor Presentation	Link
27 May 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Investor Presentation	Link
11 Feb 2026	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Investor Presentation	Link
13 Nov 2025	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Investor Presentation	Link
13 Aug 2025	Shalby Ltd - 540797 - Announcement under Regulation 30 (LODR)-Investor Presentation	Link

Shalby - Company Profile

Shalby Management Structure

Shalby management structure with salaries, total experience, and qualifications.

NAME	DESIGNATION	GROSS REMUNERATION ₹(LAC)	AS OF
Tushar D Shah	Vice President,Company Secretary,Compliance Officer	-	Mar 26
Mr. Amit Kumar	Chief Financial Officer	-	Mar 26
Mr. Babu Thomas	Chief Human Resources Officer(Human Resources)	-	Mar 26
Dr. Nishita Shukla	Group Chief Operating Officer	-	Mar 26
Mr. Viral Shah	General Manager(Strategy)	-	Mar 26
Mr. Shanay Shah	President(Business Unit)	-	Mar 26

Shalby Board of Directors

Shalby Board of directors with salaries, total experience, and qualifications.

NAME	POSITION	GROSS REMUNERATION ₹(LAC)	AS OF
Vikram Shah	Chairman / Executive Director / M D / Promoter	99.3	Mar 26
Shyamal S Joshi	Independent Non Exe. Director	1.7	Mar 26
Umesh Menon	Independent Non Exe. Director	1.6	Mar 26
Sujana Shah	Independent Non Exe. Director	1.6	Mar 26
Tej Malhotra	Independent Non Exe. Director	1.25	Mar 26
Ashok Bhatia	Independent Non Exe. Director	1.05	Mar 26
Tushar D Shah	VP / Company Secretary / Compliance Officer	-	Mar 26

About

Website: www.shalby.org

About the company - Business Profile

Shalby Ltd. is a multi-specialty healthcare provider and a global leader in joint replacement surgeries. Based in Ahmedabad, India, the company operates a network of multi-specialty hospitals and has diversified into the medical consumables and implant manufacturing sectors. Shalby has performed over 1,75,000 joint replacement surgeries to date, establishing one of the largest arthroplasty centers globally.

Key Points

Key Facts: Founded in 1994 and headquartered in Ahmedabad, Gujarat, Shalby Ltd. is led by Dr. Vikram Shah (Chairman and Managing Director). The company is listed on both the BSE and NSE.
Operations and Resources: The company operates 11 multi-specialty hospitals and 4 single-specialty franchise units across 9 states in Western, Northern, and Central India. As of December 2025, it maintains a total bed capacity of 2,297, with 1,415 operational beds.
Market and Significance: Shalby holds a significant market share in Arthroplasty (Joint Replacement), which contributes approximately 33%–36% of its hospital revenue. It also provides high-acuity services in Cardiac Sciences, Oncology, Neurology, and Nephrology.
Business Model: Shalby operates a synergistic model combining multi-specialty healthcare services, an asset-light franchise model (SOCE - Shalby Orthopaedic Centre of Excellence), and a MedTech division (implant manufacturing).
Revenue Breakdown (FY2025 Annual):
- Total Consolidated Revenue: ₹1,114.6 crore.
- Domestic Revenue: ₹1,050 crore.
- International Revenue: ₹64.6 crore.
Segment Revenue (Q2 FY2026):
- Shalby Hospitals, Pharma & Franchise: 80.9% (₹234.5 crore).
- Shalby MedTech (Implants): 11.6% (₹33.7 crore).
- Shalby International (Delhi-NCR): 6.9% (₹19.9 crore).
Geographical and Payor Mix:
- Payor Mix (Q3 FY2026): TPA/Insurance (35%), Self-Pay (35%), Government (30%).
- Geographic Focus: Stronghold in Gujarat and Rajasthan, with recent expansion into Delhi-NCR via the acquisition of PK Healthcare (Sanar International Hospital).
Products and Technology: Key products include knee and hip implants manufactured through its MedTech division. The company utilizes advanced EBUS systems and radiotherapy machines. It has 24 ongoing clinical research trials and 42 in the pipeline as of Q4 FY2025.
Operational Metrics (FY2025):
- In-patient Count: 56,788.
- Out-patient Count: 5,40,119.
- Occupancy Rate: 47% (on operational beds).
- ARPOB (Average Revenue Per Operating Bed): ₹41,377.
- ALOS (Average Length of Stay): 3.65 days.
Subsidiaries: Key units include Shalby MedTech (formerly Mars Medical Devices), Shalby Advanced Technologies Inc. (USA), and Shalby Global Technologies (Singapore).
Strategic Initiatives and Outlook: Shalby is focusing on a grow smart strategy, prioritizing asset utilization and high-acuity specialty hubs (Oncology, Transplants) over rapid physical expansion. Future growth is targeted through the SOCE franchise model and international medical tourism, particularly in the Delhi-NCR facility.

References

Shalby FAQ

Shalby today is trading in the red, down by 1.08% at ₹120.64.

Shalby is currently trading down 1.08% on an intraday basis. In the past week the stock rose 6.39%. Stock has been down 25.21% in the past quarter and fell 50% in the past year. You can view this in the share price history/seasonality section.

Shalby is listed on NSE with the ticker SHALBY and on BSE as 540797. It's currently trading on NSE at a share price of ₹120.64 and on BSE with a share price of ₹121.

The market cap of Shalby is ₹1,303.03 Cr. as of Oct 30, 2026.

Shalby announced a FINAL dividend of 12% which equals ₹1.2 in Sep 19, 2024.The last three ex-dates for Shalby were Aug 08, 2023, Sep 19, 2022 and Sep 17, 2021. To view the full dividend history of Shalby click here.

Shalby has never issued stock splits or bonus shares since the time of its listing on the BSE/NSE exchanges.

Shalby reported ₹338.64 Cr. in revenue, ₹10.84 Cr. in net profit, and ₹49 Cr. in EBITD as of Aug 12, 2026 for Q1 FY26-27.

There are no analyst predictions for stock price target for Shalby.

The PE ratio of Shalby is 33.15 as of Oct 30, 2026.

The PB ratio of Shalby is 1.28 as of Oct 30, 2026.

There are no analyst reports for Shalby.

You can set real-time stock alerts on price, volume, SMA, and several other parameters by scrolling to the top of this page and clicking the bell icon on the far right-hand side of the stock overview.

Key Metrics
DVM
Price Chart
Forecaster
Financials
Technicals
Shareholding
Deals
Documents
Corporate actions
Company Profile

Shalby Live Share Price Today, Share Analysis and Chart

SWOT Analysis

Check Before You Buy

Check P/E Buy Sell Zone

Shalby Stock Price Analysis

Day Price Range

Week Price Range

Month Price Range

52 Week Price Range

Shalby - Quarterly

Shalby quarterly results: revenue, profit, and P&L – 13 quarter history

Quarterly Revenue Shalby Jun-2026 Quarterly Revenue is Rs 259 Cr which is growth of 7.0% YoY.

Quarterly Net Profit Shalby Jun-2026 Quarterly Net Profit is Rs 25 Cr which is growth of -2.4% YoY.

Shalby Technical Analysis

Shalby EMA & SMA

Shalby Delivery And Volume

Shalby Resistance and Support

Shalby Beta

Shalby Price Change Analysis

Shalby Shareholding Pattern/ Ownership

Shareholding Summary

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

Shalby Deals - Insider, Bulk, Block and SAST

Bulk Block Deals

Insider Trading & SAST

Shalby Corporate Actions

Shalby Dividend history and yield

Shalby dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Shalby dividend yield over time.

Shalby Board Meetings

Shalby past and upcoming board meetings.

Shalby Research Reports

Shalby research reports with share price targets, and buy/hold/sell recommendations from top brokers.

Shalby Corporate Filings

Shalby BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

Shalby DocumentsAsk MarketMind AI

Shalby Earnings Call

Shalby earnings calls, including management commentary and AI-generated summaries.

Shalby Annual Reports

Shalby financials, including annual results, balance sheets, and cash flow statements.

Shalby Credit Ratings

Shalby credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

Shalby Investor Presentations

Shalby investor presentations, including business updates, financial insights, and strategic initiatives.

Shalby - Company Profile

Shalby Management Structure

Shalby management structure with salaries, total experience, and qualifications.

Shalby Board of Directors

Shalby Board of directors with salaries, total experience, and qualifications.

About the company - Business Profile

Key Points

Shalby FAQ

How is Shalby today?

Shalby today is trading in the red, down by 1.08% at ₹120.64.

How has Shalby performed historically?

Shalby is currently trading down 1.08% on an intraday basis. In the past week the stock rose 6.39%. Stock has been down 25.21% in the past quarter and fell 50% in the past year. You can view this in the share price history/seasonality section.

What is the current share price of Shalby on NSE and BSE exchanges?

Shalby is listed on NSE with the ticker SHALBY and on BSE as 540797. It's currently trading on NSE at a share price of ₹120.64 and on BSE with a share price of ₹121.

What is the market cap of Shalby?

The market cap of Shalby is ₹1,303.03 Cr. as of Oct 30, 2026.

When did Shalby last pay a dividend, and what has its dividend history been?

Shalby announced a FINAL dividend of 12% which equals ₹1.2 in Sep 19, 2024.The last three ex-dates for Shalby were Aug 08, 2023, Sep 19, 2022 and Sep 17, 2021. To view the full dividend history of Shalby click here.

Has Shalby issued any bonus shares or share splits recently?

Shalby has never issued stock splits or bonus shares since the time of its listing on the BSE/NSE exchanges.

What do the financial statements and annual reports of Shalby Indicate?

Shalby reported ₹338.64 Cr. in revenue, ₹10.84 Cr. in net profit, and ₹49 Cr. in EBITD as of Aug 12, 2026 for Q1 FY26-27.

What is the target share price of Shalby according to analyst predictions in FY26-27?

There are no analyst predictions for stock price target for Shalby.

What is the PE Ratio of Shalby?

The PE ratio of Shalby is 33.15 as of Oct 30, 2026.

What is the PB Ratio of Shalby?

The PB ratio of Shalby is 1.28 as of Oct 30, 2026.

Where can I check the latest Research Reports about Shalby?

There are no analyst reports for Shalby.

How can I be notified of real time alerts about Shalby stock?

You can set real-time stock alerts on price, volume, SMA, and several other parameters by scrolling to the top of this page and clicking the bell icon on the far right-hand side of the stock overview.