Shalby Limited Overview
Pro stress-test →Shalby Ltd is engaged in healthcare delivery in India and operates a chain of multi-specialty hospitals across the country. The company is the global leader in knee replacement surgery and one of the top Indian hospitals in joint replacement surgery. Founded in 1994, Shalby has established itself as a major healthcare provider with significant presence in Western and Central India.
Strategic Profile
Pro stress-test →With 15 hospitals and over 2,300 beds across 12 cities, Shalby is the largest corporate hospital group in Western and Central India. The company operates through three main verticals: hospital business, Shalby Orthopedics Centre of Excellence (SOCE) franchise and implant business. Recent expansion includes acquiring 87.26% stake in PK Healthcare (Sanar International Hospital) in FY 2024 and 100% stake in Healers Hospital in Gurugram for Rs 104 Crore.
Competitive Landscape
Pro stress-test →Main competitors include Max Healthcare Institute Ltd, Apollo Hospitals Enterprise Ltd, Fortis Healthcare Ltd, Narayana Hrudayalaya Ltd, Global Health Ltd, Aster DM Healthcare Ltd. Shalby differentiates through its orthopedic expertise and centers of excellence while competing on tertiary and quaternary care capabilities across multiple specialties.
Industry Context
Shalby Limited operates in Healthcare Services - Multi-specialty Hospitals and Tertiary/Quaternary Care.
Key facts
Founded: 1994 · Headquarters: Ahmedabad, India · Revenue: ₹1,050-1,100 Cr · Market cap: ₹3,700-3,900 Cr (approximately)