Shankara Buildpro Limited announced its financial results for the first quarter ended June 30, 2026 (Q1FY27). The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Highlights

  • Revenue from Operations: ₹1,890 crore, representing 5% quarter-on-quarter (QoQ) growth and 21% year-on-year (YoY) growth
  • EBITDA Margin: 3.26%
  • Profit After Tax (PAT): ₹36 crore, representing 14% QoQ growth and 12% YoY growth

Operational Performance

Steel Marketplace:

  • Volume: 2.50 lakh tonnes in Q1FY27
  • Growth: 10% YoY volume growth
  • Context: Achieved despite soft structural steel demand across the industry, which was weighed down by geopolitical tensions and a cautious macro environment

Non-Steel Marketplace:

  • Growth: 15% YoY revenue growth
  • Context: Marks a recovery after two years of consolidation through FY25 and FY26
  • Performance: Mixed across portfolio categories, with certain categories performing better than others

Management Commentary

Mr. Sukumar Srinivas, Managing Director, commented on the performance:

  • The company started FY27 with strong volume-led growth in a demanding operating environment
  • Steel remains the core business, with growth reflecting strength of marketplace model and continued market share gains
  • With steel prices settled at firmer levels and demand improving, the company remains on course for its FY27 steel volume target of 1.2 million tonnes
  • Growth outlook for FY27 remains strong, supported by continued performance in steel and recovery in non-steel
  • The company has a healthy balance sheet, superior return profile, and clear visibility on growth priorities

Business Overview

Shankara Buildpro is described as one of India's leading building materials marketplaces and India's largest steel tube & pipe distributor and retailer. The company has:

  • 132 operational stores and fulfillment centers
  • Retail footprint of 5.5+ lakh sq.ft.
  • Serves 50,000+ customers across various segments

Investor Relations

Earnings Conference Call: Scheduled for Friday, August 7, 2026, at 12:00 PM (IST)

  • Management will discuss quarterly performance and answer questions
  • Recording and transcript will be available at stock exchanges and company website
  • Diamond Pass registration link provided: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=5681533&linkSecurityString=30fbb6b591
  • Universal access numbers: +91 22 6280 1341; +91 22 7115 8242

Contact Information:

  • Alex Varghese, Chief Financial Officer: ir@shankarabuildpro.com
  • Sayam Pokharna, TIL Advisors Private Limited (Investor Relations Advisors): sayam@theinvestmentlab.in

Forward-Looking Statements

The document contains standard forward-looking statement disclaimer noting that such statements are subject to risks and uncertainties including government actions, local/political/economic developments, technological risks, and other factors that could cause actual results to differ materially.