The present work explores the existence and temporal stability of dual solutions with the consequence of nonlinear thermal radiation on hybrid nanofluid flow (including Silver and Titanium dioxide nanoparticles in water) past a permeable shrinking sheet. The analysis also considers the united outcomes of suction/injection, Joule heating, viscous dissipation, and magnetohydrodynamics. Employing realistic assumptions and suitable similarity transformations, the governing nonlinear partial differential equations are formulated and altered into a nonlinear ordinary differential equations system. These equations are then solved numerically using the Lobatto IIIA technique. It is observed that dual solutions can occur within a precise range of the shrinking surface parameter. Analyzing the temporal stability of these dual solutions under small disturbances shows that the upper solution branch is stable and represents a physically realistic solution to the problem. In contrast, the lower solution branch is unstable and not physically realizable. No solution exists beyond the critical λc=−1.3915 for the shrinking parameter. The critical values of shrinking parameter λc=−1.2565,−1.3188, and −1.4161 correspond to volume fractions of hybrid nanofluid with φAg−TiO2 of 2%,4%, and 8%, respectively. No solution exists beyond this critical point. The graphical representation and quantitative explanation demonstrate how various emergent characteristics affect momentum and thermal boundary layer profiles, Nusselt number, and skin friction. The velocity and temperature profile of hybrid nanofluid can be improved by adding a small volume of nanoparticle volume fraction. Thermal boundary layer thickness is amplified by an accumulation in the shrinking parameter, power index of velocity component, thermal radiation parameter, and temperature difference ratio. Sheering stress and heat transfer coefficient improve with adding more nanoparticles in the base fluid for the first solution braches, but opposite effects are found in the second solutions. The contributions of this research are significant both theoretically, in terms of advancing the mathematical modeling of hybrid nanofluid flow with heat transfer in engineering systems, and practically, in terms of applications to engineering cooling systems.