Shalby Limited · CashKonnect

About

Shalby Limited operates a chain of multi-specialty hospitals in India and internationally. The company operates through Healthcare Services and Manufacturing segments. It offers rheumatology, knee and hip joint replacement, spine surgery, Paediatric orthopedic and trauma, arthroscopy, and arthroplasty; cardiothoracic and vascular surgery, coronary angiography, angioplasty and stenting, and cardiology services; root canal treatment, dental implants, crowns bridges, dentures, orthodontic treatment, dental cosmetic, teeth whitening, pediatric dentistry, dental veneers, gum treatment, and laser dentistry; dermatology; emergency and general medicine; cochlear implants and balloon sinuplasty; gastroenterology, obesity surgery, and endoscopy and laparoscopy; intensive and critical care; nephrology, urology, kidney transplant, dialysis, and interventional nephrology; and general surgery comprising varicose, hernia, and piles surgery. The company also provides liver transplant; maxillofacial surgery; neurology, ideal stroke treatment, epilepsy, endovascular/interventional neurosurgery, and trans cranial doppler; obstetrics and gynaecology; surgical oncology, medical oncology, radiation oncology, bone marrow transplant, onco-psychology, onco-dietetics, onco-physiotherapy, and home care; ophthalmology; paediatrics; pathology and microbiology; psychiatry; pulmonology and chest; interventional and diagnostic radiology; and robotic joint replacement. The company was formerly known as Shalby Hospitals Limited and changed its name to Shalby Limited in February 2008. Shalby Limited was founded in 1994 and is based in Ahmedabad, India.

Key Metrics

as of Sep 2026

Market Cap1,647 Cr

P/E41.90

Div Yield0.00 %

Book Value₹93.10

52w High₹275.00

52w Low₹126.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	254.00	225.00	214.00	224.00	237.00	207.00	221.00	212.00	233.00	206.00	195.00	217.00	211.00
Expenses	211.00	193.00	186.00	185.00	190.00	176.00	178.00	177.00	182.00	168.00	152.00	165.00	167.00
Operating Profit	42.00	31.00	28.00	39.00	47.00	31.00	43.00	35.00	50.00	38.00	43.00	52.00	45.00
OPM %	17.00	14.00	13.00	17.00	20.00	15.00	19.00	17.00	22.00	19.00	22.00	24.00	21.00
Other Income	5.00	5.00	8.00	6.00	6.00	7.00	6.00	5.00	8.00	4.00	5.00	6.00	5.00
Depreciation	11.00	11.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	9.00	9.00	9.00	9.00
Interest	3.00	2.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	1.00	1.00	1.00	1.00
Profit before tax	34.00	23.00	22.00	31.00	40.00	26.00	36.00	28.00	46.00	33.00	38.00	47.00	40.00
Tax %	26.00	-129.00	37.00	35.00	36.00	42.00	42.00	39.00	34.00	31.00	36.00	36.00	35.00
Net Profit	25.00	54.00	14.00	20.00	26.00	15.00	21.00	17.00	30.00	23.00	25.00	30.00	26.00
EPS in Rs	2.32	4.97	1.28	1.83	2.38	1.39	1.93	1.61	2.82	2.09	2.29	2.81	2.42

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2015	Mar 2014
Sales	899.00	869.00	830.00	708.00	647.00	419.00	484.00	462.00	380.00	322.00	263.00	241.00
Expenses	752.00	712.00	651.00	565.00	516.00	331.00	401.00	379.00	300.00	250.00	192.00	177.00
Operating Profit	146.00	157.00	179.00	143.00	131.00	88.00	83.00	84.00	80.00	73.00	70.00	64.00
OPM %	16.00	18.00	22.00	20.00	20.00	21.00	17.00	18.00	21.00	23.00	27.00	27.00
Other Income	24.00	30.00	21.00	20.00	9.00	9.00	18.00	9.00	10.00	6.00	2.00	3.00
Interest	14.00	13.00	4.00	4.00	4.00	4.00	7.00	9.00	12.00	11.00	5.00	2.00
Depreciation	40.00	39.00	37.00	37.00	36.00	37.00	36.00	33.00	22.00	16.00	20.00	10.00
Profit before tax	116.00	136.00	158.00	121.00	100.00	55.00	57.00	51.00	55.00	52.00	47.00	56.00
Tax %	3.00	38.00	34.00	33.00	30.00	23.00	51.00	37.00	26.00	42.00	39.00	26.00
Net Profit	113.00	84.00	104.00	81.00	70.00	43.00	28.00	32.00	40.00	30.00	28.00	41.00
EPS in Rs	10.45	7.76	9.61	7.48	6.46	3.97	2.59	2.97	3.75	3.47	8.15	11.79
Dividend Payout %	0.00	0.00	12.00	16.00	15.00	25.00	19.00	17.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2015	Mar 2014
Equity Capital	108.00	107.00	107.00	107.00	108.00	108.00	108.00	108.00	108.00	87.00	35.00	35.00
Reserves	1,139.00	1,027.00	955.00	863.00	799.00	742.00	706.00	686.00	657.00	171.00	137.00	111.00
Borrowings	131.00	110.00	121.00	34.00	41.00	44.00	62.00	71.00	114.00	325.00	98.00	37.00
Other Liabilities	217.00	226.00	192.00	163.00	139.00	119.00	105.00	91.00	96.00	99.00	77.00	32.00
Total Liabilities	1,595.00	1,470.00	1,376.00	1,167.00	1,087.00	1,012.00	981.00	956.00	975.00	682.00	347.00	215.00
Fixed Assets	621.00	579.00	599.00	603.00	628.00	658.00	670.00	689.00	647.00	312.00	144.00	105.00
CWIP	0.00	8.00	5.00	10.00	6.00	8.00	6.00	3.00	47.00	221.00	91.00	5.00
Investments	623.00	599.00	511.00	313.00	62.00	32.00	43.00	24.00	10.00	10.00	26.00	19.00
Other Assets	350.00	284.00	260.00	242.00	391.00	315.00	262.00	239.00	270.00	139.00	86.00	86.00
Total Assets	1,595.00	1,470.00	1,376.00	1,167.00	1,087.00	1,012.00	981.00	956.00	975.00	682.00	347.00	215.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Cash from Operating Activity	91.00	149.00	140.00	165.00	101.00	77.00	57.00	46.00	15.00	71.00
Cash from Investing Activity	-109.00	-101.00	-206.00	-172.00	-40.00	-52.00	-32.00	0.00	-241.00	-157.00
Cash from Financing Activity	9.00	-36.00	72.00	-38.00	-17.00	-28.00	-22.00	-51.00	226.00	89.00
Net Cash Flow	-8.00	12.00	6.00	-46.00	43.00	-2.00	3.00	-6.00	-1.00	3.00
Free Cash Flow	18.00	126.00	110.00	162.00	93.00	56.00	37.00	14.00	-123.00	-87.00
CFO/OP %	88.00	102.00	89.00	134.00	94.00	98.00	93.00	67.00	34.00	113.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2015	Mar 2014
Debtor Days	73.00	55.00	52.00	46.00	53.00	81.00	69.00	64.00	48.00	38.00	28.00	21.00
Cash Conversion Cycle	73.00	55.00	52.00	46.00	53.00	81.00	69.00	64.00	48.00	38.00	28.00	21.00
Working Capital Days	58.00	37.00	38.00	35.00	73.00	80.00	73.00	61.00	-15.00	-54.00	-83.00	29.00
ROCE %	10.00	12.00	14.00	13.00	12.00	7.00	7.00	7.00	9.00	—	23.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	74.33	74.33	74.33	74.33	74.27	74.27	74.27	74.25	74.25	74.24	74.12	74.12
FIIs	4.47	4.36	4.47	4.63	5.21	4.54	4.65	5.37	5.35	4.88	4.62	4.11
DIIs	0.30	0.25	0.19	0.19	0.19	0.18	0.14	0.09	0.06	0.00	0.00	0.00
Public	20.26	20.41	20.36	20.18	19.65	20.33	20.26	19.59	19.65	20.13	20.42	20.90
No. of Shareholders	50,770	51,415	52,495	53,784	53,437	52,895	52,328	51,479	49,315	49,858	49,495	50,225

Corporate Actions

7 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	19 Sep 2024	—	—	1.20
Dividend	08 Aug 2023	—	—	1.20
Dividend	19 Sep 2022	—	—	1.00
Dividend	17 Sep 2021	—	—	1.00
Dividend	04 Sep 2020	—	—	0.50
Dividend	16 Aug 2019	—	—	0.50
Other	07 Sep 2018	—	—	—	Annual General Meeting