Regulatory/Compliance Filing
Shankara Building Products Publishes Q2 FY27 Notice
Shankara Building Products submitted newspaper advertisements for its unaudited financial results for the quarter and half year ended September 30, 2026.
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Retailing
Speciality Retail
288 Cr
Low Risk
19.3
67.1
-0.3
0.6
152.85
98.50
Sales CAGR
Profit CAGR
ROE
ROCE
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Regulatory/Compliance Filing
Shankara Building Products submitted newspaper advertisements for its unaudited financial results for the quarter and half year ended September 30, 2026.
Financial Results
Shankara Building Products approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, along with committee reconstitution and KMP authorization updates.
Change in Directors/KMP
Shankara Building Products appointed existing director Dhananjay Mirlay Srinivas as Managing Director for five years from 1 November 2026, subject to shareholder and regulatory approvals.
Change in Directors/KMP
Shankara Building Products announced the demise of Founder and Managing Director Sukumar Srinivas on October 30, 2026. He also ceases to be classified as a promoter.
Shankara Building Products Ltd (SHANKARA) is currently trading at 117.20 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Shankara Building Products Limited is a vertically integrated building materials group operating an omni‑channel marketplace for steel and non‑steel building products and a manufacturing arm producing precision steel tubes, cold‑rolled strips and roofing profiles through three subsidiaries; its footprint comprises ~94 operational stores and 130 fulfilment centres across 10 states and one union territory, plus processing units and warehousing. Steel is the backbone of Shankara’s business: Q2 FY26 steel volumes reached 2.52 lakh tonnes and H1 volumes 4.90 lakh tonnes, a record Q2 and year‑on‑year growth of 31% and 33% respectively, with management targeting a 1 million tonne run‑rate for the year; the company reported strict working‑capital discipline with an average of c.30 days during the quarter. A major corporate milestone is the demerger and near‑term listing of the marketplace business, Shankara Buildpro Limited, with in‑principle exchange approvals received in November 2025; post‑demerger the listed Shankara Building Products entity will concentrate on manufacturing while Buildpro will house retail and omnichannel operations, sharpening strategic focus across both businesses. Financially, consolidated revenues were Rs.1,681 crore in Q2 FY26 and Rs.3,325 crore in H1 FY26, growing 26–27% year‑on‑year; consolidated EBITDA margins were 3.03% in Q2 and 3.31% in H1, with net profit at Rs.25 crore in Q2 and Rs.58 crore in H1, while the manufacturing arm reported lower margin performance and absorbed a one‑time Rs.6 crore expense in Q2. Digital and channel expansion are emerging levers: e‑commerce revenue reached Rs.10 crore in H1 FY26 (+250% YoY) and is EBITDA‑positive at small scale, while the company added fulfilment centres in Kochi and Thrissur and continues to prioritise Tier‑2/3 penetration and last‑mile logistics as growth enablers for both steel and non‑steel verticals.
Over the past 52 weeks, Shankara Building Products Ltd has traded between a low of ₹98.50 and a high of ₹152.85. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Shankara Building Products Ltd has a market capitalization of approximately 287.60. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Shankara Building Products Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 19.32 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 287.60 Cr, Shankara Building Products Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Shankara Building Products Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Shankara Building Products Ltd is 19.32. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Dhananjay Mirlay Srinivas became managing director of Shankara Building Products on November 1, 2026. He previously served as a non-executive, non-independent director and had joined the company in a senior managerial role on January 1, 2020.
Shankara Building Products approved Medepalli Eswara Rao as an independent director. The approval was given at the company’s annual general meeting held on 18 June 2026.
The proposed five-year term begins on April 1, 2026. It is scheduled to end on March 31, 2031, subject to shareholder approval and any required sanctions.
It is a mandatory open offer by The Ballygunge Family Trust and persons acting in concert to acquire up to 26% of Shankara Building Products from public shareholders via the exchange mechanism.
