The Board of Directors of Shankara Building Products Limited at their meeting held on August 05, 2026, considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The meeting started at 12:45 PM IST and concluded at 2:00 PM IST.

Financial Performance (Consolidated)

Revenue & Income:

  • Revenue from operations: ₹350.35 crore (Q1 FY27) vs ₹323.20 crore (Q1 FY26) - 8.4% increase
  • Other income: ₹3.13 crore (Q1 FY27) vs ₹0.36 crore (Q1 FY26)
  • Total income: ₹353.48 crore (Q1 FY27) vs ₹323.56 crore (Q1 FY26)

Expenses:

  • Cost of materials consumed: ₹321.03 crore
  • Purchases of stock-in-trade: ₹10.72 crore
  • Employee benefits expense: ₹2.37 crore
  • Finance costs: ₹4.99 crore
  • Depreciation and amortization: ₹2.28 crore
  • Other expenses: ₹7.72 crore
  • Total expenses: ₹351.51 crore

Profitability:

  • Profit before exceptional items and tax: ₹1.97 crore (Q1 FY27) vs ₹1.18 crore (Q1 FY26)
  • Tax expense: ₹0.43 crore (Current tax: ₹0.35 crore, Deferred tax: ₹0.08 crore)
  • Net profit for the period: ₹1.54 crore (Q1 FY27) vs ₹0.42 crore (Q1 FY26)
  • Total comprehensive income: ₹1.55 crore

Earnings Per Share:

  • Basic EPS: ₹0.64 (Q1 FY27) vs ₹0.17 (Q1 FY26)
  • Diluted EPS: ₹0.64 (Q1 FY27) vs ₹0.17 (Q1 FY26)

Capital Structure:

  • Paid-up equity share capital: ₹24.25 crore
  • Face value per share: ₹10.00

Significant Accounting Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board on August 5, 2026, and subjected to limited review by statutory auditors.

2. The statements were prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015.

3. Due to transitional arrangements, the company executed sales and purchase transactions on behalf of Shankara Buildpro Limited, Bengaluru (the Resulting Company) during the quarter. These transactions of approximately ₹10.72 crore were recorded at cost with no profit or loss recognition.

4. Pursuant to a demerger scheme becoming effective, the results of the demerged undertaking have been excluded from previously published results. The figures for the quarter ended June 30, 2025, have been restated by management to reflect only the remaining business of the demerged company.

5. The restated figures are explicitly stated as "not comparable" with previously published financial results.

Auditor Review

Sundaram & Srinivasan, Chartered Accountants (Firm Registration No.: 004207S) issued limited review reports for both standalone and consolidated financial results.

For consolidated results, the auditors noted they did not review the interim financial results of three subsidiaries (Vishal Precision Steel Tubes and Strips Private Limited, Taurus Value Steel & Pipes Private Limited, and Centurywells Roofing India Private Limited) which contributed:

  • Total revenues (before consolidation adjustments): ₹343.40 crore
  • Total profit after tax (before consolidation adjustments): ₹0.92 crore
  • Total comprehensive income (before consolidation adjustments): ₹0.92 crore

The review conclusion was not modified in respect of these matters.

Additional Information

The information is available on the company website at www.shankarabuildingproductsltd.com. The company's registered office is at G-2, Farah Winsford, 133, Infantry Road, Bengaluru - 560 001.