---
title: "Shaival Reality Ltd (SHAIVAL) — Share Price, Financials & Analysis"
symbol: "SHAIVAL"
company: "Shaival Reality Ltd"
canonical: "https://tapetide.com/stocks/SHAIVAL"
isin: "INE262S01010"
nse_symbol: "SHAIVAL"
sector: "Services"
industry: "Commercial Services & Supplies"
market_cap_cr: 38.19
generated_at: "2026-09-13T18:46:43.655Z"
---

# Shaival Reality Ltd (SHAIVAL)

Canonical page: https://tapetide.com/stocks/SHAIVAL

## Company

- **NSE Symbol:** SHAIVAL
- **ISIN:** INE262S01010
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-10-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shaivalgroup.ooo

## About

Shaival Reality is primarily engaged in generating revenue through rental income and gains from sale of investments.

## Latest Price

- **Price:** ₹33
- **Change:** 0 (0%)
- **Open:** ₹33
- **Day High:** ₹33
- **Day Low:** ₹33
- **Previous Close:** ₹33
- **Volume:** 0
- **As Of:** 2026-09-11T03:38:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:42.669428Z.

- **Market Cap:** ₹38.19 Cr
- **Classification:** SME
- **P/E (reported):** 6.6
- **EPS (reported):** ₹2.17
- **Book Value:** ₹18.81
- **Price to Book:** 1.75
- **Dividend Yield:** 0%
- **ROE:** 26.67%
- **ROCE:** 27%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹6.8 Cr
- **Net Income:** ₹5.8 Cr
- **EBITDA:** ₹5.9 Cr
- **52-Week High:** ₹33
- **52-Week Low:** ₹32
- **RSI (14):** 65.51

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 55.5% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -55.7% over past five years.
- Company has a low return on equity of 12.8% over last 3 years.
- Earnings include an other income of Rs.6.77 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | — | 563.04% |
| ebitda margin growth | 162.5% | 78.56% | 47.71% | -502.65% |
| net income growth | 600% | — | 102% | 55% |
| revenue growth | 40.74% | 353.33% | -76% | -56% |
| roce | — | 516.44% | 76.24% | 17.64% |
| roe | — | — | 14.62% | -180.19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.72 | 1.62 | 0.87 | 0.92 | 1.36 | 1.39 | 0.34 | 0.11 | 0.2 | 0.2 | 0.04 | 0 |
| Expenses | 0.49 | 2.62 | 0.58 | 2.28 | 1.85 | 1.17 | 1.71 | 0.1 | 0.36 | 0.42 | 0.31 | 0.6 |
| Operating Profit | 0.23 | -1 | 0.29 | -1.36 | -0.49 | 0.22 | -1.37 | 0.01 | -0.16 | -0.22 | -0.27 | -0.6 |
| OPM % | 31.94 | -61.73 | 33.33 | -147.83 | -36.03 | 15.83 | -402.94 | 9.09 | -80 | -110 | -675 | — |
| Other Income | 0.41 | 0.21 | 0.05 | 0.51 | 0.12 | 7.41 | 3.49 | 0.46 | 0 | 1.1 | 0.89 | 5.87 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.23 | 0.49 | 0.29 | 0.24 | 0.17 | 0.71 | 0.01 | 0.14 | 0.01 | 0.01 | 0 | 0 |
| Profit before tax | 0.4 | -1.28 | 0.05 | -1.09 | -0.54 | 6.92 | 2.11 | 0.33 | -0.17 | 0.87 | 0.62 | 5.27 |
| Tax % | 0 | -13.28 | 20 | 103.67 | 0 | -4.77 | 0 | -27.27 | 0 | 58.62 | 0 | 1.33 |
| Net Profit | 0.4 | -1.11 | 0.05 | -2.22 | -0.54 | 7.25 | 2.1 | 0.42 | -0.17 | 0.36 | 0.61 | 5.19 |
| EPS in Rs | 0.35 | -0.96 | 0.04 | -1.92 | -0.47 | 6.26 | 1.81 | 0.36 | -0.15 | 0.31 | 0.53 | 4.48 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 58.22 | 41.09 | 31.63 | 4.76 | 2.34 | 1.79 | 2.75 | 0.45 | 0.39 | 0.04 |
| Expenses | 49.3 | 39.63 | 33 | 3.64 | 3.09 | 1.41 | 1.75 | 0.5 | 0.77 | 0.92 |
| Operating Profit | 8.92 | 1.46 | -1.37 | 1.12 | -0.75 | 0.38 | 1 | -0.05 | -0.38 | -0.88 |
| OPM % | 15.32 | 3.55 | -4.33 | 23.53 | -32.05 | 21.23 | 36.36 | -11.11 | -97.44 | -2200 |
| Other Income | 1.57 | 3.08 | 1.04 | 1.53 | 0.61 | -0.88 | 6.26 | 2.63 | 1.1 | 6.77 |
| Interest | 1.07 | 1.3 | 1.26 | 0.75 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4.36 | 5.97 | 3.96 | 2.31 | 0.72 | 0.53 | 0.88 | 0.15 | 0.01 | 0.01 |
| Profit before tax | 5.06 | -2.73 | -5.55 | -0.41 | -0.88 | -1.03 | 6.38 | 2.43 | 0.71 | 5.88 |
| Tax % | 30.04 | -29.67 | -10.09 | 0 | -19.32 | 110.68 | -5.17 | -3.7 | 71.83 | 1.19 |
| Net Profit | 3.55 | -1.92 | -4.99 | -0.41 | -0.71 | -2.17 | 6.71 | 2.52 | 0.2 | 5.81 |
| EPS in Rs | 18.4 | -1.66 | -4.31 | -0.35 | -0.61 | -1.87 | 5.8 | 2.18 | 0.17 | 5.02 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1.93 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 | 11.57 |
| Reserves | 15.67 | 4.01 | -1.02 | -1.44 | -2.87 | -5.05 | 1.68 | 4.19 | 4.39 | 10.2 |
| Borrowings | 51.05 | 62.5 | 40.59 | 11.44 | 18.48 | 10.95 | 0.04 | 0.07 | 0.21 | 0 |
| Other Liabilities | 7.2 | 10.04 | 6.69 | 2.27 | 1.91 | 0.78 | 0.39 | 0.15 | 0.31 | 1.11 |
| Total Liabilities | 75.85 | 88.12 | 57.83 | 23.84 | 29.09 | 18.25 | 13.68 | 15.98 | 16.48 | 22.88 |
| Fixed Assets | 17.94 | 13.94 | 10.06 | 7.17 | 4.54 | 3.64 | 1.63 | 0.69 | 0.67 | 0.61 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | -0.11 | 0.53 | 14.49 | -0.02 | 12.67 | 6.41 | 3.1 | -0.02 | 0.06 | 3 |
| Other Assets | 58.02 | 73.65 | 33.28 | 16.69 | 11.88 | 8.2 | 8.95 | 15.31 | 15.75 | 19.27 |
| Total Assets | 75.85 | 88.12 | 57.83 | 23.84 | 29.09 | 18.25 | 13.68 | 15.98 | 16.48 | 22.88 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5.02 | 0 | 7.26 | 0.57 | -0.51 | 1.38 | 1.7 | -0.47 | -0.47 | 9.15 |
| Cash from Investing Activity | -25.52 | 0 | 15.57 | 29.64 | -7.32 | 5.53 | 8.55 | 0.53 | 0.48 | 9.03 |
| Cash from Financing Activity | 23.03 | 0 | -23.16 | -29.91 | 7.02 | -7.53 | -10.91 | 0.03 | 0.14 | -0.21 |
| Net Cash Flow | 2.53 | 0 | -0.32 | 0.3 | -0.8 | -0.62 | -0.65 | 0.09 | 0.14 | 17.97 |
| Free Cash Flow | -4.71 | 0 | 7.14 | 1.31 | 1.52 | 1.81 | 10.16 | 3.96 | -0.46 | 9.2 |
| CFO/OP | 80 | 0 | -530 | 62 | -5 | 363 | 170 | 940 | 124 | -1040 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 31.85 | 77.19 | 39.58 | 116.55 | 193.42 | 228.38 | 11.95 | 40.56 | 1066.92 | 0 |
| Inventory Days | 26.3 | — | 11.31 | 61.59 | 174.2 | 141.02 | 0 | 684.37 | 0 | — |
| Days Payable | 45.84 | — | 99.61 | 228.12 | 207.39 | 389.89 | — | 547.5 | — | — |
| Cash Conversion Cycle | 12.3 | 77.19 | -48.72 | -49.98 | 160.24 | -20.48 | 11.95 | 177.43 | 1066.92 | 0 |
| Working Capital Days | -22.69 | -71.24 | -144.02 | 103.52 | 310.41 | 375.2 | 124.76 | 1013.89 | 1918.59 | -10128.75 |
| ROCE % | 11.16 | -2.43 | -6.64 | 0.5 | -3.98 | 1.57 | 2.41 | 1.3 | 4.44 | 31 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% | 72.63% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 7.09% | 7.09% | 7.09% | 7.22% | 7.22% | 7.22% | 7.22% | 7.22% | 7.22% | 7.22% | 7.22% | 7.22% |
| Others | 20.28% | 20.28% | 20.28% | 20.16% | 20.16% | 20.16% | 20.16% | 20.16% | 20.16% | 20.16% | 20.16% | 20.16% |
| No. of Shareholders | 29 | 28 | 28 | 29 | 21 | 21 | 20 | 20 | 20 | 20 | 17 | 17 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 8 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 24.01 | Buy |
| EMA (10) | 26.27 | Buy |
| SMA (20) | 26.97 | Buy |
| EMA (20) | 26.5 | Buy |
| SMA (50) | 28.08 | Buy |
| EMA (50) | 25.88 | Buy |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 66.18 | Neutral |
| MACD (12,26,9) | -0.5 | Buy |
| Stochastic (14,3,3) | 67.38 | Neutral |
| ADX (14) | 38.87 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 2.25 | High Volatility |
| ROC (12) | 8.2 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 68.82 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Shaival Reality Limited has informed regarding Resignation of Mrs RINKAL MAULIK JASANI as Independent Director of the company w.e.f. September 30, 2026. | [Resignation 9 Sep - Shaival Reality Limited has informed regarding Resignation of Mrs RINKAL MAULIK JASANI as Independent Director of the company w.e.f. September 30, 2026.](https://nsearchives.nseindia.com/corporate/SHAIVAL_09092026150448_Resignation_ltr.pdf) |
| 9 April 2026 - FY ended March 31, 2026 SDD compliance certificate filed under PIT Regulations; nil observations. | [Structural Digital Database 9 April 2026 - FY ended March 31, 2026 SDD compliance certificate filed under PIT Regulations; nil observations.](https://nsearchives.nseindia.com/corporate/SHAIVAL_09042026171947_SDD_final_signed.pdf) |
| 8 May 2026 - Promoter disclosed 84,06,000 shares held and no encumbrance as of 31 March 2026. | [Disclosure under SEBI Takeover Regulations 8 May 2026 - Promoter disclosed 84,06,000 shares held and no encumbrance as of 31 March 2026.](https://nsearchives.nseindia.com/corporate/team_sandeshc_17042026130123_SHAIVAL.pdf) |
| 8 Jul - Regulation 74(5) certificate confirms no dematerialization requests for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Regulation 74(5) certificate confirms no dematerialization requests for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/SHAIVAL_08072026132614_1587_SHAIV__PHY_Reg_74_5_.pdf) |
| 7 Aug - Shaival Reality Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 07, 2026. Further, the company has informed … | [Shareholders meeting 7 Aug - Shaival Reality Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 07, 2026. Further, the company has informed …](https://nsearchives.nseindia.com/corporate/SHAIVAL_07082026211943_OUTCOME_FINAL.pdf) |
| 7 Aug - Shaival Reality Limited has informed regarding Proceedings of Annual General Meeting held on August 07, 2026 | [Shareholders meeting 7 Aug - Shaival Reality Limited has informed regarding Proceedings of Annual General Meeting held on August 07, 2026](https://nsearchives.nseindia.com/corporate/SHAIVAL_07082026211705_OUTCOME_FINAL.pdf) |
| 6 April 2026 - Shaival Reality Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - Shaival Reality Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/SHAIVAL_06042026103016_74_5_.pdf) |
| 5 March 2026 - Shaival Reality CFO Bhavya Bakrip Kamdar resigns effective 10 April 2026; cites better opportunities. | [Resignation 5 March 2026 - Shaival Reality CFO Bhavya Bakrip Kamdar resigns effective 10 April 2026; cites better opportunities.](https://nsearchives.nseindia.com/corporate/SHAIVAL_05032026155336_Resignation_letter.pdf) |
| 5 March 2026 - CFO Bhavya Sandip Kamdar resigning effective April 10, 2026; resignation dated Feb 25, 2026. | [Outcome of Board Meeting 5 March 2026 - CFO Bhavya Sandip Kamdar resigning effective April 10, 2026; resignation dated Feb 25, 2026.](https://nsearchives.nseindia.com/corporate/SHAIVAL_05032026155539_bm_outcome.pdf) |
| 31 Aug - SEBI warned Shaival Reality for ₹15.71 crore related-party transaction without prior approvals; AGM ratification on Aug 7, 2026. | [Action(s) taken or orders passed 31 Aug - SEBI warned Shaival Reality for ₹15.71 crore related-party transaction without prior approvals; AGM ratification on Aug 7, 2026.](https://nsearchives.nseindia.com/corporate/SHAIVAL_31082026180006_annoucement_signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29808_SHAIVAL_2025_2026_A_6125655_15072026164758.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26605_SHAIVAL_2024_2025_A_25062025115812.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25145_SHAIVAL_2023_2024_26082024154225.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23186_SHAIVAL_2022_2023_01092023153634_09012023160015.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20981_SHAIVAL_2021_2022_30082022201807_08302022210001.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19214_SHAIVAL_2020_2021_02092021204432_09022021210005.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17408_SHAIVAL_2019_2020_05092020175146_05092020180003.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_16124_SHAIVAL_2018_2019_04102019121455_04102019130003.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_13917_SHAIVAL_2017_2018_01102018171821.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/SME_AR_12275_SHAIVAL_2016_2017_23102017155638.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:46:43.655Z.