Board Meeting Details

The Board of Directors meeting was held on Thursday, August 06, 2026. The meeting commenced at 12:45 PM and concluded at 2:00 PM.

Key Items Approved

1. Financial Results Approval

2. Stock Split Approval

The Board approved the sub-division/split of each existing equity share with a face value of ₹10 into 5 equity shares with a face value of ₹2 each. This is subject to approval from the shareholders of the Company and any other required regulatory/statutory approvals.

3. Consequential Actions

  • Approved consequential amendment to the capital clause of the Memorandum of Association of the Company.
  • Approved the draft notice of the postal ballot for seeking consent from members and other incidental matters.

Stock Split Details (Annexure A)

Split Ratio

1:5 (One ₹10 share to become Five ₹2 shares)

Rationale

To enhance the liquidity of the Company's shares in the market, widen the shareholder base, and make shares more affordable to small investors.

Share Capital Impact

  • Authorized Share Capital: Remains unchanged at ₹30,00,00,000
  • Pre-split: 3,00,00,000 shares of ₹10 each
  • Post-split: 15,00,00,000 shares of ₹2 each
  • Issued, Paid-up and Subscribed Capital: Remains unchanged at ₹24,24,93,260
  • Pre-split: 2,42,49,326 shares of ₹10 each
  • Post-split: 12,12,46,630 shares of ₹2 each

Expected Completion Timeline

Approximately within 2 months from the date of member approval, subject to completion of statutory requirements.

Class of Shares Affected

Equity shares (the company has only one class of shares)

Financial Results for Quarter Ended June 30, 2026 (Standalone)

Income Statement Highlights (₹ in Crores)

  • Revenue from operations: ₹1,888.61 (Q1 FY27) vs ₹1,568.14 (Q1 FY26) vs ₹1,995.19 (Q4 FY26)
  • Other Income: ₹0.52
  • Total Income: ₹1,889.13
  • Total Expenses: ₹1,841.71
  • Purchases of stock-in-trade: ₹1,824.87
  • Employee Benefits Expense: ₹13.05
  • Finance Costs: ₹10.28
  • Depreciation: ₹3.37
  • Other Expenses: ₹21.28
  • Profit before tax: ₹47.42
  • Tax Expense: ₹11.99
  • Current tax: ₹12.21
  • Deferred tax: (₹0.22)
  • Profit for the period: ₹35.43
  • Total Comprehensive Income: ₹35.60

Earnings Per Share (Face Value ₹10)

  • Basic EPS: ₹14.61
  • Diluted EPS: ₹13.23

Capital Structure

  • Paid-up equity share capital: ₹24.25 crores (unchanged)
  • Reserves (as of March 31, 2026): ₹521.21 crores

Notes to Financial Results

1. Preparation and Approval

The financial results were reviewed by the Audit Committee and approved by the Board on August 06, 2026, and subjected to limited review by statutory auditors.

2. Accounting Standards

Prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015.

3. Consolidation

The Company acquired 51% controlling stake in Purple Splash Materials Private Limited during Q2 FY26 (September 2025), making consolidated financial statements applicable from that date. Comparative figures for Q1 FY25 represent standalone results only.

4. Exceptional Items

An incremental liability of ₹2.61 crores was recognized as an Exceptional Item during FY26 due to reassessment of employee benefit obligations under the New Labour Codes effective from November 21, 2025.

5. Segment Reporting

Single reportable segment: Trading and retailing of home improvement and building products.

6. Comparative Figures

Figures for previous periods have been regrouped/rearranged where necessary for consistency.

Auditor's Review

Standalone Financial Results

ASA & Associates LLP conducted a review and reported that nothing has come to their attention causing them to believe that the interim financial information contains any material misstatement. (Signed by G N Ramaswami, Partner)

Consolidated Financial Results

The review report includes the results of subsidiary Purple Splash Materials Private Limited, which contributed revenues of ₹1.87 crore, net profit of ₹0.35 crore, and total comprehensive income of ₹0.35 crore for the quarter. The subsidiary's results were not reviewed by their auditors but were certified by management and considered not material to the group.

Additional Information

  • The information is available on the company website: www.shankarabuildpro.com
  • Corporate Identification Number: L24311KA2023PLC179791
  • Company Secretary & Compliance Officer: Ereena Vikram
  • Regulatory Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026