Shankara Buildpro Limited announced its financial results for the second quarter and half year ended September 30, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance - Q2FY27
- Revenue: ₹2,280 crore, representing 21% quarter-on-quarter (QoQ) growth and 43% year-on-year (YoY) growth
- EBITDA Margin: 3.39%, improving by 13 basis points QoQ and 22 basis points YoY
- PAT: ₹46 crore, showing 29% QoQ growth and 57% YoY growth
Financial Performance - H1FY27
- Revenue: ₹4,170 crore, representing 32% YoY growth
- EBITDA Margin: 3.33%, improving by 6 basis points YoY
- PAT: ₹82 crore, showing 33% YoY growth
Operational Highlights
- Steel marketplace volumes grew 27% YoY to 3.03 lakh tonne, the highest quarterly volume to date
- Growth was broad-based across Pipes & Tubes, Flats and Roofing categories
- Non-steel marketplace delivered second consecutive quarter of healthy growth, led by Fittings, Sanitaryware, Electrical and Accessories
- Categories such as Tiles and Plumbing are yet to pick up, leaving further growth levers
- Working capital maintained at 22 days, well within the 30-day threshold
Expansion Update
- Entered Rajasthan as a new market with first fulfilment centre in Jaipur
- Company now present in 11 states and union territories
- Expansion demonstrates continued growth of marketplace model beyond flagship southern India market
Management Commentary
Mr. Dhananjay Mirlay Srinivas, Managing Director, stated that Q2FY27 was the strongest quarter in company's history with Revenue, EBITDA and PAT each at their highest ever levels. The outlook for the second half of FY27 remains strong, and the medium-term roadmap is unchanged. He credited the performance to the legacy of Founder Mr. Sukumar Srinivas.
Corporate Details
- 134 operational stores and fulfillment centers
- Retail footprint of 5.71+ lakh sq.ft.
- Caters to 50,000+ customers across various segments
- India's largest steel tube & pipe distributor and retailer
Investor Relations
Earnings Conference Call scheduled for Friday, November 6, 2026, at 2:30 PM (IST)
Forward-Looking Statements
The document contains forward-looking statements 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.