Ishan International (NSE:ISHAN) Shares Outstanding (Basic Average): 216.2 Mil (As of Mar. 2026)


NSE:ISHAN Ishan International Ltd NSE:ISHAN
42 GF Score
Price ₹0.60
GF Value ₹0.45
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Ishan International Shares Outstanding (Basic Average)?

Ishan International NSE:ISHAN 42 Shares Outstanding (Basic Average) is 216.2 Mil as of Mar. 2026. GuruFocus rates NSE:ISHAN with a GF Score™ of 42/100 and a GF Value™ of ₹0.45 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ishan International's average basic shares outstanding for the quarter that ended in Mar. 2026 was 216.2 Mil.


Ishan International  (NSE:ISHAN) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Ishan International Shares Outstanding (Basic Average) Related Terms


Ishan International Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Ishan International's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ishan International Shares Outstanding (Basic Average) Chart

Ishan International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 216.24 218.42 216.24 214.90 199.05

Ishan International Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 216.24 164.55 216.24 216.24 216.24
NSE:ISHAN
42GF Score
Ishan International Ltd NSE:ISHAN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Ishan International Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 216.2 Mil mean?
Ishan International (NSE:ISHAN) has a Shares Outstanding (Basic Average) of 216.2 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ishan International and its competitors.
Is Ishan International's Shares Outstanding (Basic Average) too high?
Ishan International's current Shares Outstanding (Basic Average) is 216.2 Mil. Overall, Ishan International has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishan International's Shares Outstanding (Basic Average) compare to CAT and DE?
Ishan International's Shares Outstanding (Basic Average) of 216.2 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Farm & Heavy Construction Machinery company?
A good Shares Outstanding (Basic Average) depends on the Farm & Heavy Construction Machinery industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ishan International and its competitors. Ishan International's current Shares Outstanding (Basic Average) is 216.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan International stock overvalued right now?
Based on GuruFocus' analysis, Ishan International (NSE:ISHAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.45, compared to a current price of ₹0.60 — trading 33.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 216.2 Mil. Ishan International's overall GF Score™ is 42/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Ishan International (NSE:ISHAN), the current Shares Outstanding (Basic Average) is 216.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ishan International (NSE:ISHAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan International stock appears to be overvalued. The current stock price of ₹0.60 is trading 33.3% above its estimated GF Value™ of ₹0.45. GuruFocus considers Ishan International to be Significantly Overvalued.

Key valuation signals for NSE:ISHAN:

  • Shares Outstanding (Basic Average): 216.2 Mil
  • GF Value™: ₹0.45 vs. price of ₹0.60 (33.3% above fair value)
  • GF Score™: 42/100 with 8 warning signs

No single metric tells the full story. See the NSE:ISHAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishan International Business Description

Address 1616, WTT Building, Sector 16, Noida, UP, IND, 201301
Ishan International Ltd is a heavy engineering company. It is engaged in the business of EPC contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
42GF Score

Get the complete analysis for NSE:ISHAN

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.60
Price
₹0.45
GF Value