Filter announcements
Loading...
Shankara Building Products Ltd is one of the India's leading organized retailers of home improvement and building products in India. It caters to a large customer base spread across various end-user segments in urban and semi-urban markets through a retail led multi-channel approach.
Shankara Building Products reported strong H1 performance: PAT up 84% to ₹58 Cr on 27% higher revenue of ₹3,325 Cr. Steel volumes grew 33%. The company received in-principle approval for Shankara Buildpro's imminent listing, demerging its marketplace business.
Shankara Building Products' demerger with Shankara Buildpro is now effective after a key filing. Eligible shareholders will receive shares of Shankara Buildpro; the record date for this share distribution will be announced.
NCLT approved Shankara Building Products' demerger of its trading business into Shankara Buildpro, effective April 1, 2024. Shareholders get one Shankara Buildpro share for each Shankara share. Significant statutory dues of 13.48 Cr and 21.33 Cr are settled. This aims to unlock value for investors.
Shankara Building Products delivered robust Q1FY26 financial results. The core steel marketplace business showed strong momentum with 35% YoY volume growth, reaching a record 2.38 lakh tonnes and targeting 1 million tonnes for FY26. Profitability surged, with EBITDA up 43% and PAT jumping 102% to ₹32 Cr. Revenue hit ₹1,644...
Shankara Building Products has announced a board meeting on May 19, 2025. Steel volumes surged 33% YoY in Q4 to 2.58 lakh tonnes, with full-year volumes surpassing 8.43 lakh tonnes, beating targets by 5%. Non-steel segments, including CP & sanitaryware and PVC pipes, grew 20% in Q4 and 26% annually....