Shalby Future Growth

Future criteria checks 4/6

Shalby is forecast to grow earnings and revenue by 24% and 13.6% per annum respectively. EPS is expected to grow by 24.1% per annum. Return on equity is forecast to be 11.3% in 3 years.

Key information

24.0%

Earnings growth rate

24.1%

EPS growth rate

Healthcare earnings growth	26.6%
Revenue growth rate	13.6%
Future return on equity	11.3%
Analyst coverage	Low
Last updated	03 Apr 2024

Recent future growth updates

Recent updates

Market Cool On Shalby Limited's (NSE:SHALBY) Earnings Pushing Shares 26% Lower

Mar 14

These 4 Measures Indicate That Shalby (NSE:SHALBY) Is Using Debt Reasonably Well

Nov 22

What Kind Of Shareholders Hold The Majority In Shalby Limited's (NSE:SHALBY) Shares?

Mar 03

What Type Of Returns Would Shalby's(NSE:SHALBY) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Feb 19

Should You Buy Shalby Limited (NSE:SHALBY) For Its Dividend?

Feb 08

We're Watching These Trends At Shalby (NSE:SHALBY)

Jan 26

Shalby Limited's (NSE:SHALBY) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 14

Did Shalby Limited (NSE:SHALBY) Insiders Buy Up More Shares?

Dec 30

Is Shalby (NSE:SHALBY) Using Too Much Debt?

Dec 15

What Type Of Shareholders Make Up Shalby Limited's (NSE:SHALBY) Share Registry?

Nov 30

Would Shareholders Who Purchased Shalby's (NSE:SHALBY) Stock Year Be Happy With The Share price Today?

Nov 12

Key Things To Watch Out For If You Are After Shalby Limited's (NSE:SHALBY) 0.5% Dividend

Oct 28

Will Shalby (NSE:SHALBY) Multiply In Value Going Forward?

Oct 12

Earnings and Revenue Growth Forecasts

NSEI:SHALBY - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	12,006	1,398	505	N/A	1
3/31/2025	10,613	1,118	302	N/A	1
3/31/2024	9,238	898	740	N/A	1
12/31/2023	8,885	814	N/A	N/A	N/A
9/30/2023	8,749	776	475	682	N/A
6/30/2023	8,387	684	N/A	N/A	N/A
3/31/2023	8,049	677	493	678	N/A
12/31/2022	7,685	640	N/A	N/A	N/A
9/30/2022	7,284	617	397	712	N/A
6/30/2022	7,082	540	N/A	N/A	N/A
3/31/2022	6,989	541	-565	189	N/A
12/31/2021	6,814	537	N/A	N/A	N/A
9/30/2021	6,508	576	-403	408	N/A
6/30/2021	5,848	713	N/A	N/A	N/A
3/31/2021	4,309	424	583	791	N/A
12/31/2020	3,947	155	N/A	N/A	N/A
9/30/2020	3,837	68	338	454	N/A
6/30/2020	3,939	-47	N/A	N/A	N/A
3/31/2020	4,869	276	356	554	N/A
12/31/2019	4,902	474	N/A	N/A	N/A
9/30/2019	4,823	527	289	571	N/A
6/30/2019	4,765	433	N/A	N/A	N/A
3/31/2019	4,623	317	119	434	N/A
6/30/2018	4,099	245	N/A	N/A	N/A
3/31/2018	3,780	233	-1,244	139	N/A
3/31/2017	3,238	297	N/A	604	N/A
3/31/2016	2,904	376	N/A	46	N/A
3/31/2015	2,754	257	N/A	1,232	N/A
3/31/2014	2,589	390	N/A	51	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHALBY's forecast earnings growth (24% per year) is above the savings rate (6.7%).

Earnings vs Market: SHALBY's earnings (24% per year) are forecast to grow faster than the Indian market (17.6% per year).

High Growth Earnings: SHALBY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SHALBY's revenue (13.6% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: SHALBY's revenue (13.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SHALBY's Return on Equity is forecast to be low in 3 years time (11.3%).

Shalby Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased to ₹180

Price target increased to ₹170

Recent updates

Investor sentiment improves as stock rises 15%

Market Cool On Shalby Limited's (NSE:SHALBY) Earnings Pushing Shares 26% Lower

Third quarter 2024 earnings released: EPS: ₹1.78 (vs ₹1.42 in 3Q 2023)

Shalby Limited to Report Q3, 2024 Results on Feb 07, 2024

Insufficient new directors

Shalby Limited Appoints Deepak Ananthakrishnan as Global Chief Business Officer

Shalby Limited Announces the Retirement of Sushobhan Dasputa as Vice Chairman and Global President (Non-Executive Director), Effective January 31, 2024

Shalby Limited Announces the Retirement of Sushobhan Dasputa as Vice Chairman and Global President (Non-Executive Director), Effective January 31, 2024

These 4 Measures Indicate That Shalby (NSE:SHALBY) Is Using Debt Reasonably Well

Is Now The Time To Look At Buying Shalby Limited (NSE:SHALBY)?

Second quarter 2024 earnings released: EPS: ₹2.57 (vs ₹1.71 in 2Q 2023)

New minor risk - Share price stability

Shalby Limited to Report Q2, 2024 Results on Oct 27, 2023

Investor sentiment improves as stock rises 20%

We Like These Underlying Return On Capital Trends At Shalby (NSE:SHALBY)

Investor sentiment improves as stock rises 16%

Upcoming dividend of ₹1.20 per share at 0.6% yield

First quarter 2024 earnings released: EPS: ₹1.94 (vs ₹1.87 in 1Q 2023)

Shalby Limited to Report Q1, 2024 Results on Jul 20, 2023

Shalby Limited, Annual General Meeting, Aug 14, 2023

Investor sentiment improves as stock rises 19%

Shalby Limited Announces CFO Changes

Full year 2023 earnings: EPS misses analyst expectations

Shalby Limited Recommends A Final Dividend for the Financial Year Ended March 31, 2023

Shalby Limited to Report Q4, 2023 Results on May 15, 2023

Investor sentiment improves as stock rises 22%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Shalby Limited to Report Q3, 2023 Results on Jan 17, 2023

Returns On Capital At Shalby (NSE:SHALBY) Have Stalled

Investor sentiment improved over the past week

Founder recently bought ₹4.5m worth of stock

Founder recently bought ₹3.0m worth of stock

Founder recently bought ₹2.9m worth of stock

Price target increased to ₹180

Founder recently bought ₹2.9m worth of stock

Shalby Limited Announces Appointment of Parag Agarawal as Chief Business Officer

Board Member recently sold ₹77k worth of stock

Second quarter 2023 earnings released: EPS: ₹1.71 (vs ₹0.99 in 2Q 2022)

Shalby Limited Appoints Vijay Kedia as Additional Director (Non-Executive Non Independent)

Shalby Limited to Report Q2, 2023 Results on Oct 18, 2022

Shalby Limited Approves to Declare Final Dividend for the Financial Year 2021-22

Upcoming dividend of ₹1.00 per share

Shalby (NSE:SHALBY) Is Due To Pay A Dividend Of ₹1.00

Shalby (NSE:SHALBY) Is Due To Pay A Dividend Of ₹1.00

Shalby Limited, Annual General Meeting, Sep 26, 2022

Shalby (NSE:SHALBY) Will Be Hoping To Turn Its Returns On Capital Around

First quarter 2023 earnings released: EPS: ₹1.87 (vs ₹1.87 in 1Q 2022)

Shalby Limited to Report Q1, 2023 Results on Jul 26, 2022

Is Shalby (NSE:SHALBY) Using Too Much Debt?

Founder recently bought ₹1.1m worth of stock

Founder recently bought ₹1.1m worth of stock

Full year 2022 earnings released: EPS: ₹5.00 (vs ₹3.93 in FY 2021)

Shalby Limited Recommends A Final Dividend

Shalby Limited to Report Q4, 2022 Results on May 25, 2022

Price target increased to ₹170

Insufficient new directors

Returns On Capital At Shalby (NSE:SHALBY) Paint A Concerning Picture

Here's Why We Think Shalby (NSE:SHALBY) Is Well Worth Watching

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Shalby Limited Appoints Venkat Parasuraman as Chief Financial Officer

Shalby Limited to Report Q3, 2022 Results on Feb 02, 2022

Shalby Limited to Report Q3, 2022 Results on Feb 02, 2022

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹0.99 (vs ₹2.27 in 2Q 2021)

Upcoming dividend of ₹1.00 per share

Insider recently sold ₹11m worth of stock

First quarter 2022 earnings released: EPS ₹1.87 (vs ₹0.81 loss in 1Q 2021)

Investor sentiment improved over the past week

Why Shalby Limited (NSE:SHALBY) Could Be Worth Watching

Investor sentiment improved over the past week

Shalby (NSE:SHALBY) Will Will Want To Turn Around Its Return Trends

Full year 2021 earnings released: EPS ₹3.92 (vs ₹2.55 in FY 2020)

Shalby Limited Recommends Final Dividend