Shankara Building Products Share Price

Iron & Steel Products company Shankara Building Products announced Q1FY26 results Revenue stood at Rs 1,644 crore up 27% YoY EBITDA Margins stood at 3.58% PAT stood at Rs 32 crore up 102% YoY Sukumar Srinivas, Managing Director, Shankara Building Products, said: “Shankara has begun FY26 with strong momentum in its core steel marketplace business, achieving volume growth of 35% YoY. The company delivered its highest-ever Q1 volumes at 2.38 lakh tonnes, building on prior years’ successes and is now well positioned to exceed the 1 million tonne milestone in FY26. Profitability saw significant improvement this quarter, with EBITDA and PAT registering 43% and 102% growth, respectively. Q1FY26 marked the company’s most profitable quarter to date. Industry headwinds & tepidness across the building materials sector have subdued growth in the non-steel marketplace business, leading to tapering of growth rates in recent quarters. Nonetheless, Shankara remains focused on strengthening its core categories, including CP & Sanitaryware and PVC Pipes & Fittings. Progress on the company’s proposed demerger slowed during the last quarter due to delays in receiving the final NCLT order, but we remain hopeful for approval in the coming month. FY26 is set to be a defining year in Shankara’s journey.” Result PDF

• Trendlyne
• 10 months 2 weeks ago

Shares of Shankara Building Products hit an over six-year high of 965 in Friday's intra-day deal, and was trading at its highest level since November 2018.

• Business Standard
• 1 year ago

Iron & Steel Products company Shankara Building Products announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue for Q4FY25 was Rs 1,639 crore, EBITDA Margin for Q4FY25 stood at 3.20%, PAT for Q4FY25 was Rs 28 crore, FY25 Financial Highlights: Revenue for FY25 was Rs 5,697 crore, EBITDA Margin for FY25 stood at 3.02%. PAT for FY25 was Rs 77 crore, Commenting on the performance, Sukumar Srinivas, Managing Director, Shankara Building Products, said: “Shankara has demonstrated remarkable resilience and growth in FY25, achieving record performance across both its steel and non-steel divisions despite challenging industry conditions. The Company’s steel division posted its highest-ever quarterly and annual volumes, with Q4 volumes reaching 2.58 lakh tonnes - a robust 33% YOY increase. For the full year, Shankara exceeded its ambitious target of 0.8 million tonnes by achieving 8.43 lakh tonnes, reflecting a 5% outperformance. On the Non-Steel front, the Company continued its growth trajectory, reporting a 20% YOY increase in Q4 and an impressive 26% growth for the full year, driven by good performance in CP & Sanitaryware as well as PVC Pipes & Fittings. These achievements are particularly significant given the backdrop of lower steel prices and a subdued building materials market. Looking ahead, Shankara remains optimistic, aiming to cross the 1 million tonne mark in steel volumes in FY26 while further strengthening its Non-Steel business. The Company’s strategic focus and extensive distribution & geographical footprint have positioned it well for sustained growth. Additionally, the demerger process is progressing as planned, with the next major milestone being the NCLT hearing scheduled for 26th May, paving the way for enhanced value creation.” Result PDF

• Trendlyne
• 1 year ago