SHRIYAMSEC

The stock has been placed in Enhanced Surveillance Measure (ESM) list ESM - I (34).

Shardul Securities Ltd.

NSE: SHARDUL

BSE: 512393

Sector: Financial Services

Industry Group: Capital Markets

Industry: Stockbroking & Allied

58.90+0.9 (+1.55%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

2.0 / 100

Value Score

88.7 / 100

Price Momentum Score

93.4 / 100

QVM Score

71.5 / 100

Key Metrics

Market Cap

515.33

P/E (TTM)

22.25

P/B

0.78

P/S (TTM)

3.64

EV/EBITDA

5.89

CAPE (5Y)

11.09

ROE (TTM)

-7.22

ROCE (TTM)

-0.28

ROA (TTM)

-5.87

Avg 3Y ROE

5.03

Earnings 3Y CAGR

-8.15

Sales 3Y CAGR

50.34

Sales 5Y CAGR

46.84

Debt/Equity

0.42

Consensus TP

Strong Buy %

Promoter Holding

74.85

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Shardul Securities Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PB is at a discount to industry median

PB of 0.78 indicates that the stock is cheap on a standalone basis. Discount to industry median P/B is decent at -57.38%

What is P/B Ratio?

Median: 1.83

Value 0.78

0.0816.01

Strong price momentum

Price Momentum score of 93.4 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

93.4 / 100

High and improving operating margin

The company reported strong operating margin of 87.33% for 12-month ended 30 Jun 2026 and operating margin improved by 9534 bps from 1 year ago

What is Operating profit margin?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 752.17% for 12-month ended 30 Jun 2026 and the growth was 747.04 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 5.13

Value 752.17

-61.73752.17

Negative

Low and declining ROE

The company reported low ROE of -7.22% for 12-month ended 30 Jun 2026 and ROE declined by -1202 bps from 1 year ago

What is ROE (FY)?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -249.04% for 12-month ended 30 Jun 2026 and the growth was 223.24 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Low Debt to Equity but increasing

The company has low Debt to Equity of 0.42 as on 30 Jun 2026 but Debt to Equity increased by 0.39 in the last 1 year

What is Debt to Equity?

Financial Snapshot

See detailed analysis

Multi-year trends for Shardul Securities Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

Shardul Securities Ltd. Shareholding Pattern

Quarterly breakdown of Shardul Securities Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.85	74.85	74.85	74.85	74.85
Indian Promoter	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.84	74.85	74.85	74.85	74.85	74.85
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.24	0.30	0.30	0.30
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.24	0.30	0.30	0.30
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.16	25.15	24.90	24.85	24.85	24.85
Bodies Corporate	10.25	10.37	10.32	10.56	10.74	10.94	10.86	10.76	10.79	10.86	10.70	10.70	10.72	10.72	10.73	10.72	10.70	10.62	10.88	10.90	10.91	10.93	10.90	10.87	10.72	10.72
Others (incl. Retail) No. of shareholders	14.91 7,585	14.79 7,560	14.84 7,533	14.60 7,437	14.42 7,017	14.22 6,945	14.30 6,907	14.40 6,697	14.37 6,675	14.30 6,593	14.46 6,576	14.46 6,205	14.44 6,145	14.44 5,826	14.43 5,834	14.44 5,849	14.46 6,221	14.54 6,070	14.28 6,450	14.26 6,531	14.25 7,735	14.22 7,613	14.00 7,349	13.98 7,190	14.13 6,762	14.13 6,752

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Shardul Securities Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
Reckon Trading Private Limited	06 Aug 2026	buy	₹ 41.52	10.25 lac	-

Corporate Actions

History of Shardul Securities Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Others
Ex-date: 8th Oct 2026Announced on: 13th Aug 2026
"On Market Tender Offer. Buyback of up to 19200000 Equity Shares aggregating up to 24.92% of the existing total paid-up Equity Share capital of the Company."
Stock Split1 : 5
Ex-date: 13th Jan 2025Announced on: 11th Nov 2024
Nominal value changes from INR 10 INR 2.
Dividend₹ 0.60/share
Record date: 5th Sep 2019Ex-date: 4th Sep 2019
Announced on: 27th May 2019
Dividend₹ 0.60/share
Record date: 19th Jul 2018Ex-date: 18th Jul 2018
Announced on: 29th May 2018
Dividend₹ 0.60/share
Record date: 22nd Sep 2017Ex-date: 21st Sep 2017
Announced on: 26th May 2017

Company Profile

Overview of Shardul Securities Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Shardul Securities Limited is an India-based Non-Banking Financial Company. The Company is engaged in the business of investment and finance activities, including broking activities in India. Its segments include Investment & Finance activity and Other activity. Its customers include includes commer...

Key personnel

Mr. Viraf Katrak

Chief Executive Officer

Mr. Tarun Chaturvedi

Chief Financial Officer

Ms. Daya Bhalia

Compliance Officer, Company Secretary

Mr. Devesh D. ChaturvediD

Independent Non-Executive Chairman of the Board

Shri. R. SundaresanD

Vice Executive Chairman of the Board

Mr. Yogendra Kedarnath ChaturvediD

Whole- Time Director

Mr. Lalit ShahD

Additional Independent Director

Ms. Anshu Arvind AgarwalD

Additional Non-Executive Independent Director

View all

Incorporated on

23 Jul 1985

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

02 Jan 1995

Free Float

4,18,29,513

Website

http://www.shardulsecurities.com

Phone no.

+912246032806

Address

G-12, Tulsiani Chambers, 212, Nariman Point, MUMBAI, 400021, India

Frequently Asked Questions

What is the current share price of Shardul Securities Ltd.?

The current share price of Shardul Securities Ltd. is ₹ 58.90 as of 14 Oct 2026.

What is the market capitalisation of Shardul Securities Ltd.?

The market capitalisation of Shardul Securities Ltd. stands at ₹ 515.33 Cr.

What is the PE ratio of Shardul Securities Ltd.?

The Price-to-Earnings (PE) ratio of Shardul Securities Ltd. is 22.25 as of the latest trailing twelve months data.

What is the ROE and ROCE of Shardul Securities Ltd.?

Shardul Securities Ltd. has a Return on Equity (ROE) of -7.22% and a Return on Capital Employed (ROCE) of -0.28% as per the latest financial reports.

What is the 52-week high and low of Shardul Securities Ltd.?

The 52-week high of Shardul Securities Ltd. is - and the 52-week low is -.

What is the dividend yield of Shardul Securities Ltd.?

The dividend yield of Shardul Securities Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Shardul Securities Ltd.?

Foreign Institutional Investors (FII) hold 0.30%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 14.13% of Shardul Securities Ltd. shares.

What sector does Shardul Securities Ltd. belong to?

Shardul Securities Ltd. operates in the Financial Services sector.

What is the beta of Shardul Securities Ltd.?

The beta of Shardul Securities Ltd. is 1.28, indicating its price volatility relative to the broader market. Over the past 1 year, Shardul Securities Ltd. has delivered an absolute return of 21.07%.

What is the RSI of Shardul Securities Ltd.?

The 14-day Relative Strength Index (RSI) of Shardul Securities Ltd. is 64.26, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Shardul Securities Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Shardul Securities Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile