XETRA · Industrials
Invest in Shelly stock from India
Indian and foreign residents can buy Shelly (SLYG) shares directly through Paasa.
By Paasa · Updated
Shelly at a glance
- Price
- €66.60-€0.20 (0.30%)
- Market cap
- €1.21B
- Day range
- €65.50 – €66.80
- P/E
- 39.96
- Dividend yield
- 0.20%
- Volume
- 15.75K
- 1 month
- +5.55%
- 6 months
- +33.73%
- YTD
- +10.63%
- 1 year
- +29.07%
- 5 years
- —
Shelly statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | BGN 292.8M | BGN 208.7M | BGN 146.5M | BGN 93.2M | BGN 59.5M |
| Gross profit | BGN 166.4M | BGN 123.9M | BGN 83.7M | BGN 46.9M | BGN 32.8M |
| Operating income | BGN 64.7M | BGN 50.5M | BGN 37.4M | BGN 20.4M | BGN 18.5M |
| Net income | BGN 49.1M | BGN 44.9M | BGN 33.6M | BGN 17.4M | BGN 15.9M |
| Earnings per share | BGN 2.70 | BGN 2.49 | BGN 1.83 | BGN 0.97 | BGN 0.88 |
| EBITDA | BGN 68.7M | BGN 51.7M | BGN 38.3M | BGN 20.9M | BGN 18.9M |
| Total assets | BGN 260.6M | — | — | — | — |
| Total debt | BGN 17.5M | — | — | — | — |
| Cash and short-term investments | BGN 26.8M | — | — | — | — |
| Shareholders' equity | BGN 209.4M | — | — | — | — |
| Operating cash flow | BGN 10.9M | — | — | — | — |
| Free cash flow | BGN 2.3M | — | — | — | — |
| Capital expenditure | −BGN 8.6M | — | — | — | — |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in BGN; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Befesa | BFSA.DE | €34.85 | €1.39B |
| PORR | ABS2.DE | €32.70 | €1.28B |
| Indus | INH.DE | €40.65 | €1.09B |
| thyssenkrupp nucera AG & Co. KGaA | NCH2.DE | €8.53 | €1.08B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Shelly from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search SLYG and buy
Find Shelly by name or by its ticker, SLYG, and place your order.
Why invest in Shelly from India
What Shelly does
Based in Sofia, Bulgaria, Shelly Group SE is an enterprise focused on the development, production, and global sale of Internet of Things (IoT) devices under its proprietary Shelly brand. Its market reach extends across Bulgaria, the wider European Union, and international territories. Shelly operates in the Conglomerates industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Shelly stock from India?
Yes. Indian residents and NRIs can buy Shelly (SLYG) shares directly through Paasa. Shelly is listed on XETRA, in the Conglomerates industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Shelly dividends taxed for Indian investors?
Shelly trades on XETRA but is domiciled in Bulgaria, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Shelly shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.