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Shankara Buildpro Q3 FY26 Revenue Up 29% YoY; Steel Volumes Surge 37%
Shankara Buildpro reported a robust Q3 FY26 with total revenue reaching Rs. 1,666 crores, driven by a 37% YoY surge in steel sales volumes to 2.61 lakh tonnes. While steel demand remains strong, particularly in Western India, the non-steel segment faced headwinds with a 5% YoY decline in sales to Rs. 146 crores. The company maintained high capital efficiency with an ROCE of 37% and working capital under 30 days for the nine-month period. Management is targeting 1 million tonnes in steel volume for the full fiscal year.
Key Highlights
Steel sales volume grew 37% YoY to 2.61 lakh tonnes in Q3 FY26, led by aggressive expansion in Maharashtra and Gujarat.
9M FY26 Profit After Tax (PAT) surged 77% YoY to Rs. 86.5 crores, despite one-off demerger and labor code costs totaling ~Rs. 4.1 crores.
EBITDA margins improved to 3.30% in Q3 FY26 from 2.75% in the corresponding quarter of the previous year.
The company maintained a lean balance sheet with working capital under 30 days and a strong ROCE of 37%.
Management reaffirmed a long-term target of 20% revenue contribution from non-steel products by FY2029-30.
💼 Action for Investors
Investors should focus on the company's successful geographical expansion into Western India and its industry-leading ROCE. Monitor the recovery of the higher-margin non-steel segment as a key driver for future margin expansion.
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Shankara Buildpro Q3 FY26 PAT Jumps 39% YoY to ₹25 Cr; Volume Growth at 37%
Shankara Buildpro reported a strong Q3 FY26 with PAT rising 39% YoY to ₹25 crore, despite a modest 4% revenue growth to ₹1,666 crore. The company achieved a robust 37% YoY volume growth in Q3, keeping it on track for its 1 million tonne annual target. For the nine-month period, PAT surged 77% to ₹86 crore on a 30% revenue increase to ₹4,829 crore. The management highlighted the success of its post-demerger asset-light model and strong demand in the steel segment, although non-steel categories continue to face industry headwinds.
Key Highlights
Q3 FY26 PAT increased by 39% YoY to ₹25 crore, while 9M FY26 PAT surged 77% to ₹86 crore.
Revenue for Q3 FY26 stood at ₹1,666 crore (up 4% YoY) and 9M FY26 at ₹4,829 crore (up 30% YoY).
Recorded strong volume growth of 37% in Q3 and 38% in 9M FY26, targeting 1 million tonnes for the full year.
EBITDA margins remained stable at 3.30% for Q3 and 3.28% for the nine-month period.
Successfully transitioned to an asset-light platform post-demerger with 130 operational stores and fulfillment centers.
💼 Action for Investors
Investors should focus on the company's ability to maintain high volume growth in the steel segment and the potential margin expansion as non-steel categories recover. The transition to an asset-light model post-demerger is a positive structural change for long-term capital efficiency.
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Shankara Buildpro Q3 FY26 PAT Rises 39% YoY to ₹25 Cr; Steel Volumes Surge 37%
Shankara Buildpro delivered a robust performance in Q3 FY26, with consolidated revenue increasing 29% YoY to ₹1,666 crore. The growth was spearheaded by the steel marketplace, which saw volumes jump 37% YoY to 2.61 lakh tonnes, putting the company on track for its 1 million tonne annual target. While the non-steel segment faced macro headwinds with a 5% revenue decline, overall profitability improved significantly with EBITDA margins expanding to 3.30%. The company reported a 9M FY26 RoCE of 37% and maintained tight working capital management under 30 days.
Key Highlights
Steel volumes grew 37% YoY to 2.61 lakh tonnes in Q3; 9M volumes up 38% to 7.27 lakh tonnes.
Q3 PAT increased 39% YoY to ₹25 crore, even after a ₹2.61 crore one-time labor code provision.
EBITDA margins expanded 55 bps YoY to 3.30% in Q3 FY26 due to better scale and cost control.
Non-steel revenue dipped 5% YoY to ₹146 crore due to industry-wide slowdown in tiles and building materials.
Achieved a high RoCE of 37% for 9M FY26 with working capital cycles maintained below 30 days.
💼 Action for Investors
Investors should focus on the company's successful volume-led growth strategy in steel and its ability to maintain high RoCE. The recovery in the non-steel segment remains a key watchpoint for further margin expansion.
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Shankara Buildpro Reports Q3 FY26 Results; First Financial Disclosure Post-Listing
Shankara Buildpro Limited has announced its financial results for the quarter ended December 31, 2025, marking its first earnings report since listing on January 9, 2026. The Board approved both standalone and consolidated unaudited results, which include the performance of its subsidiary, Purple Splash Materials Private Limited. The statutory auditors, ASA & Associates LLP, issued a clean review report without any material misstatements. Notably, comparative figures for the previous year were management-certified and not auditor-reviewed, as per listing regulations for newly listed entities.
Key Highlights
First quarterly financial results released following the company's listing on January 9, 2026.
Board approved unaudited standalone and consolidated results for the quarter and nine months ended Dec 31, 2025.
Statutory auditors issued a clean Limited Review Report for the reporting period.
Consolidated results incorporate the performance of subsidiary Purple Splash Materials Private Limited.
Board meeting concluded within approximately 1 hour and 45 minutes on February 11, 2026.
💼 Action for Investors
Investors should review the detailed profit and loss statements to evaluate the company's fundamental performance post-IPO. The clean audit report is a positive sign for corporate governance in the newly listed entity.
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Shankara Buildpro Files Q2 FY26 Results Post-Listing; Dec Quarter Results Due Feb 14
Shankara Buildpro Limited, which successfully listed on the exchanges on January 9, 2026, has approved its financial results for the quarter ended September 30, 2025. This filing fulfills the SEBI requirement for newly listed companies to submit prior quarter results within 21 days of listing. The statutory auditors issued a clean limited review report for both standalone and consolidated statements. Investors should prepare for the next set of financial disclosures for the December 2025 quarter, which are due by February 14, 2026.
Key Highlights
Company listed on BSE and NSE on January 9, 2026, triggering specific regulatory filing timelines.
September 2025 quarter results were approved and filed by the January 29, 2026 deadline.
Statutory auditors ASA & Associates LLP provided a clean limited review report with no material misstatements.
Consolidated results include the performance of subsidiary Purple Splash Materials Private Limited.
Next financial results for the December 2025 quarter are scheduled for release by February 14, 2026.
💼 Action for Investors
Investors should review the detailed profit and loss tables on the exchange website to evaluate the company's pre-IPO performance. The upcoming December quarter results in February will be more critical as they reflect the most recent operational trends.
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Shankara Buildpro Approves Q2 FY26 Financials; Meets Post-Listing SEBI Compliance Deadlines
Shankara Buildpro Limited, which recently listed on January 9, 2026, has approved its financial results for the quarter and half-year ended September 30, 2025. This filing is a mandatory regulatory requirement for newly listed entities to be completed within 21 days of listing. The board also confirmed that the December 2025 quarter results are scheduled for release by February 14, 2026. The statutory auditors have issued a limited review report with no material qualifications for both consolidated and standalone statements.
Key Highlights
Approved Unaudited Standalone and Consolidated Financial Results for the quarter ended September 30, 2025.
Complied with SEBI Regulation 33(3)(j) by filing results within 21 days of the January 9, 2026 listing date.
Next financial results for the December 2025 quarter are due to be published by February 14, 2026.
Statutory auditors ASA & Associates LLP issued a clean Limited Review Report for the period.
Consolidated results include the performance of subsidiary Purple Splash Materials Private Limited.
💼 Action for Investors
Investors should monitor the upcoming December 2025 quarter results due in mid-February to assess the company's post-listing fundamental performance. This filing confirms the company is currently meeting its regulatory compliance obligations.
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Shankara Buildpro Assigned CRISIL A-/Stable Rating for Rs 745 Crore Bank Facilities
CRISIL has assigned a long-term rating of 'CRISIL A-/Stable' and a short-term rating of 'CRISIL A2+' to Shankara Buildpro's bank facilities. The total rated facilities amount to Rs 745 crore, primarily consisting of cash credit and working capital limits across multiple lenders. This assignment reflects the credit agency's view on the company's adequate safety regarding timely payment of financial obligations. The 'Stable' outlook indicates that the rating is unlikely to change in the near term.
Key Highlights
CRISIL assigned a long-term rating of 'CRISIL A-/Stable' for bank facilities
Short-term rating of 'CRISIL A2+' assigned for non-fund based and working capital limits
Total bank loan facilities rated amount to Rs 745 crore
Facilities are spread across major lenders including ICICI Bank (Rs 120 Cr) and Citi Bank (Rs 105 Cr)
The rating letter is valid until December 31, 2026
💼 Action for Investors
Investors should view this investment-grade rating as a validation of the company's creditworthiness and financial stability. Any future rating upgrades could potentially lower the company's borrowing costs and improve margins.
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Shankara Buildpro Q1 FY26 Profit at ₹32.07 Cr on Revenue of ₹1,568.14 Cr
Shankara Buildpro Limited reported a steady performance for the quarter ended June 30, 2025, with revenue from operations reaching ₹1,568.14 Crores. The company achieved a Profit After Tax (PAT) of ₹32.07 Crores, resulting in an EPS of ₹13.23 for the quarter. This financial update follows a significant corporate restructuring where the company demerged from Shankara Building Products Limited, resulting in the allotment of 2.42 crore new equity shares. Total equity as of June 30, 2025, stood at ₹465.57 Crores, reflecting a healthy balance sheet post-demerger.
Key Highlights
Revenue from operations for Q1 FY26 stood at ₹1,568.14 Crores compared to ₹5,267.38 Crores for the full previous year FY25.
Profit After Tax (PAT) for the quarter was ₹32.07 Crores with a Profit Before Tax of ₹41.77 Crores.
Basic and Diluted EPS for the quarter was reported at ₹13.23 (not annualized).
Total assets increased to ₹1,329.77 Crores as of June 30, 2025, up from ₹1,253.72 Crores in March 2025.
Completed the allotment of 2,42,49,326 equity shares of ₹10 each pursuant to the Scheme of Arrangement.
💼 Action for Investors
Investors should note the strong quarterly revenue run rate which, if sustained, could exceed previous annual performance. The completion of the demerger and share allotment provides structural clarity for the newly independent entity.
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Shankara Buildpro Reports Q1 FY26 Revenue of ₹1,568 Cr and PAT of ₹32.07 Cr
Shankara Buildpro Limited has declared its unaudited financial results for the quarter ended June 30, 2025, reporting a revenue of ₹1,568.14 crores. The company achieved a Profit After Tax (PAT) of ₹32.07 crores for the quarter, which represents over 40% of the total profit earned in the entire previous fiscal year (₹78.16 crores). The balance sheet reflects a significant asset base of ₹1,329.77 crores, with current assets like trade receivables and inventories dominating the mix. Furthermore, the company completed a Scheme of Arrangement involving the allotment of 2.42 crore equity shares to shareholders of the demerged entity.
Key Highlights
Revenue from operations for the quarter ended June 30, 2025, reached ₹1,568.14 crores.
Net profit for the quarter stood at ₹32.07 crores, resulting in a basic EPS of ₹13.23.
Total assets grew to ₹1,329.77 crores as of June 2025, up from ₹1,253.72 crores in March 2025.
Trade receivables increased to ₹794.15 crores, while inventories rose to ₹420.57 crores.
Allotment of 2,42,49,326 equity shares worth ₹24.25 crores was approved pursuant to a Scheme of Arrangement.
💼 Action for Investors
Investors should monitor the company's ability to maintain these improved margins, as the quarterly profit is tracking significantly higher than the previous year's average. Pay close attention to the management of trade receivables, which currently represent a large portion of the balance sheet.
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Shankara Buildpro Allots 40.18% Stake to Promoters Following Demerger Listing
Shankara Buildpro Limited has disclosed the allotment of 97,42,537 equity shares to its promoter group, representing a 40.18% stake in the company. This allotment follows the Scheme of Arrangement for the demerger from Shankara Building Products Limited, which was sanctioned by the NCLT in August 2025. The shares were officially listed and admitted for trading on January 9, 2026, with a share entitlement ratio of 1:1 for existing shareholders of the demerged entity. The total paid-up capital of the company now stands at ₹24.25 crore.
Key Highlights
Promoter group acquires 40.18% stake (97,42,537 shares) in the newly listed entity.
Allotment follows a 1:1 share swap ratio pursuant to the Scheme of Arrangement.
Shares officially commenced trading on BSE and NSE on January 9, 2026.
Total equity capital post-allotment stands at ₹24.25 crore divided into 2.42 crore shares.
💼 Action for Investors
Monitor the standalone business performance of Shankara Buildpro following its successful demerger and listing. The promoter holding of approximately 40% establishes the initial governance structure for the new entity.