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Shalby Limited (SHALBY) Fair Value & Analysis

Healthcare · IN · Market cap ₹18.6B

SL Shalby Limited SHALBY · NSE
Price₹172.22
Fair Value₹63.00
Upside-63.4%
Quality40/100
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Evidence: High Range ₹44.43 – ₹92.10

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price −2.3% over the past month.

Price vs Fair Value (12 months)

₹266.83 ₹126.80 Fair Value ₹63.00 Jul 2025 Jul 2026

12‑month range ₹126.80 – ₹266.83 · fair‑value band ₹44.43 – ₹92.10 · the ₹172.22 price screens above the ₹63.00 fair value. As of Jul 3, 2026.

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Analysis

Shalby Limited (SHALBY) currently trades at ₹172.22, while our model-based Fair Value estimate is ₹63.00 — implying the stock looks roughly 63.4% overvalued today. We read business quality at 40/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Shalby Limited generated revenue of ₹11.4B at a net margin of 3.3%. Revenue grew 8.5% year over year. It earns a return on equity of 3.5%. Net debt stands at ₹5.7B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹11.4B
Revenue growth (YoY) +8.5%
Net margin 3.3%
Return on equity 3.5%
Free cash flow −₹1.8B FY2026
P/E ratio 53.6
More key figures
Operating margin 3.8%
EPS (TTM) ₹3.24
EPS growth (YoY) -48.2%
Net debt ₹5.7B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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, 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; …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shalby Limited reported revenue of ₹11.4B in FY2026 versus ₹7.0B in FY2022, a compound +13.0%/yr. Reported net income was ₹374M in FY2026, compounding −8.8%/yr from FY2022.

Revenue +13.0%/yr
FY22 ₹7.0B
FY23 ₹8.0B
FY24 ₹9.3B
FY25 ₹10.9B
FY26 ₹11.4B
Net income −8.8%/yr
FY22 ₹541M
FY23 ₹677M
FY24 ₹841M
FY25 ₹62.2M
FY26 ₹374M

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Frequently asked questions

Is Shalby Limited (SHALBY) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹63.00 versus a price of ₹172.22 — about −63% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SHALBY?
Our model-based fair value for Shalby Limited is ₹63.00 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹172.22.
What is the quality score of SHALBY?
Shalby Limited has a Quality Score of 40/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shalby Limited (SHALBY)?
Shalby Limited reported trailing-twelve-month revenue of about ₹11.4B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SHALBY?
The net profit margin of Shalby Limited is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.