SHALBY · Shalby Ltd · Healthcare Facilities
SHALBY · Shalby Ltd · Healthcare Facilities
As of 05 Nov close
52-week range
51.7% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹331 Cr
Revenue YoY
PAT YoY
+21.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.6
P/S (TTM)
1.3
Sector P/E
29.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SHALBY (this stock) | 48.1 | 1.6 | +3.3% | +3.9% | 0.59 | 0.0% |
| Apollo Hospitals Enterprise | 64.9 | 13.4 | +7.8% | +21.9% | 53.8 | +0.2% |
| Max Healthcare Institute | 71.5 | 9.9 | +17.2% | +14.3% | 27.71 | +0.2% |
| Fortis Healthcare | 69 | 14.6 | +11.0% | +10.6% | 0.35 | +0.1% |
Promoter
stable
FII
rising 1q
MF
0.01%
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 19 Aug 2026 | VIKRAM INDRAJIT SHAH | BUY | 5,000 | ₹7.74 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowbusiness-standard.com· 12 Aug 2026, 02:45 pmHospital stocks trade weak: Max Healthcare, Fortis, Apollo fall up to 7%
Concalls & investor presentations
AI-generatedKey takeaway: Shalby Limited held its Q1 FY27 Earnings Conference Call on August 13, 2026, where management discussed the company's financial performance. Consolidated revenues increased to ₹338.6 crores, reflecting an 11.6% year-on-year growth. EBITDA rose to ₹49 crores, with a margin of 14.5%, down from 16% in the previous year. The consolidated PAT improved to ₹10.5 crores, with a PAT margin of 3.1%. The standalone hospital segment reported revenues of ₹259 crores, a 7% increase, but EBITDA margins declined to 18.4%. The Gurgaon unit achieved EBITDA break-even for the first time. The MedTech segment showed strong growth, with revenues up 53% year-on-year. Management expressed confidence in sustaining growth and improving profitability, particularly in the hospital segment, while addressing challenges in the MedTech business due to foreign exchange impacts. The call concluded with a Q&A session addressing various operational and financial queries.
Management highlighted both growth achievements and challenges in profitability.
Sourced from an exchange-filed transcript, dated 19 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Shalby Limited submitted an investor presentation detailing its financial and operational performance for the quarter ended June 30, 2026. The presentation highlighted consolidated total revenue of ₹3,386 million, an increase from ₹3,034 million in the same quarter of the previous year. Consolidated EBITDA was reported at ₹490 million, slightly up from ₹485 million year-over-year. However, consolidated profit before tax (PBT) decreased to ₹197 million from ₹227 million, while consolidated profit after tax (PAT) rose to ₹105 million compared to ₹77 million in Q1 FY26. The standalone performance showed total revenue of ₹2,591 million, up from ₹2,422 million, but EBITDA and PBT declined. The presentation also outlined operational metrics, including a 6.2% increase in inpatient count and a 3.5% rise in surgeries performed. Management emphasized ongoing growth and diversification in various medical specialties.
The presentation reported both positive revenue growth and some declines in profitability metrics.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Shalby Limited's earnings conference call on May 29, 2026, highlighted a strong financial performance for Q4 FY2026, with consolidated revenue increasing by 9.4% year-on-year to INR295.5 crores. EBITDA rose significantly by 43.1% to INR37.4 crores, resulting in an EBITDA margin of 12.7%. The company reported a consolidated profit before tax (PBT) of INR9.6 crores, compared to a loss in the previous year, and a consolidated profit after tax (PAT) of INR18.5 crores. For the full fiscal year, consolidated revenue grew by 4.8% to INR1,168.2 crores, with a PAT of INR34.7 crores, a substantial increase from the previous year. Management noted ongoing improvements in operational efficiency and profitability, particularly in the MedTech segment, which saw a revenue increase of 45% in Q4. The call also addressed challenges in international operations due to geopolitical issues but expressed confidence in recovery and growth in other markets.
Management emphasized strong financial improvements and operational efficiency.
Sourced from an exchange-filed transcript, dated 02 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Shalby Limited held its Q3 FY '26 earnings conference call on February 12, 2026, where management discussed the company's financial performance. Consolidated revenue for the quarter was reported at INR 279.4 crores, a slight decrease of 0.6% year-on-year. The consolidated EBITDA was INR 37.5 crores, with a margin of 13.4%, down from 14% in the previous year. The consolidated profit before tax (PBT) also declined to INR 9.2 crores, while the profit after tax (PAT) improved to INR 1.3 crores, compared to a loss in the same quarter last year. The standalone hospital business saw a revenue drop of 2.6% year-on-year, with a PAT of INR 13.8 crores. Management highlighted a focus on clinical excellence, successful surgeries, and the nurturing of talent through the Shalby Academy. The MedTech segment reported a significant revenue increase of 29% year-on-year, driven by strong domestic execution and international expansion efforts. The call concluded with a Q&A session addressing various operational challenges and strategic initiatives.
The management reported both challenges and improvements in financial performance across different segments.
Sourced from an exchange-filed transcript, dated 18 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Shalby Limited submitted an investor presentation detailing its financial and operational performance for the quarter ended December 31, 2025. The presentation highlighted consolidated revenue of ₹2,794 million, a slight decrease from ₹2,811 million in the same quarter of the previous year. Consolidated EBITDA was reported at ₹375 million, down from ₹393 million year-over-year. The company also noted a consolidated profit before tax (PBT) of ₹92 million, compared to ₹124 million in Q3 FY25. Standalone revenue was ₹2,210 million, with EBITDA at ₹354 million, both showing declines from the previous year. The presentation included insights into the company's hospital business, implant business, and strategic growth initiatives, emphasizing advancements in technology and clinical excellence. Management expressed a commitment to maintaining high standards in patient care and operational efficiency.
The presentation included both positive advancements in technology and clinical services, alongside declines in financial performance.
Sourced from an exchange-filed presentation, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedShalby Limited's FY2025-26 annual report highlights strategic focus on expanding its orthopaedic-led healthcare platform, leveraging import substitution in medical devices, and enhancing operational efficiency. The report notes resilience in core hospital operations, growth in MedTech, and expansion into new specialties like oncology and transplant. Key challenges include geopolitical risks and input cost pressures, while the company emphasizes capital discipline and profitability-driven growth.
- Strategic emphasis on orthopaedics and import substitution in medical devices
- Expansion into oncology, transplant, and other high-acuity specialties
- Capital-efficient growth through asset-light models and franchise expansion
- Focus on operational efficiency and EBITDA improvement in MedTech
- Geographic diversification including international patient care and export markets
Key takeaway: Shalby Limited is positioning itself to capitalize on India's growing healthcare demand through its orthopaedic core, MedTech expansion, and strategic diversification into high-acuity specialties while maintaining disciplined capital allocation.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has material uncertain legal and tax positions aggregating to ₹ 493.48 Million, including matters under dispute, which involve significant management judgment and impact related accounting and disclosures.
Earlier (1-3 years ago)
The company has a contingent liability of ₹ 20.98 Million (PY ₹ 20.98 Million) related to litigation with a Consultant, as per Gujarat High Court order, which is part of the contingent liability mentioned in Note No 36.
Older (3+ years ago)
Shalby Limited has a contingent liability of ₹20.98 Million related to litigation with a Consultant, as per Gujarat High Court order, mentioned in Note No 37.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The appointment of Mr. Shanay Vikram Shah as a Whole-Time Director is a related party transaction, as he is the son of the Chairman and Managing Director, Dr. Vikram Shah. The appointment requires member approval due to the remuneration exceeding ₹2,50,000/-.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has disputed statutory dues pending before authorities including Income Tax Appellate Tribunal and Commissioner of Income Tax for assessment years 2015-16 to 2023-24, and GST disputes from FY 2017-18 to FY 2019-20 under the Goods & Service Tax Act, 2017.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. Vijay Kedia, an Independent Director, resigned effective April 30, 2026.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
3.97% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).