| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 1.4K | 8.1% |
| Total Income | 1.4K | 8.1% |
| Expenditure | 1.4K | 7.9% |
| PBT | 24.51 | 20.1% |
| Net Profit | 17.69 | 16.3% |
| OPM | 0.52% | 0.35pp |
| NPM | 1.23% | 0.09pp |
| EPS | 7.29 | 16.3% |
Shankara Building Products Limited Reports Q3 & 9MFY25 Results
03 Feb 2025 · 3 Feb 2025, 09:33 pm
Summary
Shankara Building Products Limited, one of India’s leading building materials marketplace, announced its financial results for the quarter and nine-months ended December 31, 2024. The company reported a revenue of 1,437 Cr for the quarter and 34,058 Cr for the nine-months period. The EBITDA margins were 2.84% for the quarter and 2.95% for the nine-months period. The company is on track to meet its annual target of 0.8 million tonnes for FY25 and aims for 1 million tonnes for FY26 in its steel product segment. The non-steel segment is also growing steadily. The company is progressing well with the demerger of its marketplace business.
Key Highlights
- 1
Revenue of 1,437 Cr for Q3FY25
- 2
EBITDA margins at 2.84% for Q3FY25
- 3
Revenue of 34,058 Cr for 9MFY25
- 4
EBITDA margins at 2.95% for 9MFY25
- 5
On track to meet annual target of 0.8 million tonnes for FY25 in steel product segment
- 6
Aiming for 1 million tonnes for FY26 in steel product segment
- 7
Non-steel segment growing steadily
- 8
Progressing well with the demerger of its marketplace business
Management Comments
Mr. Sukumar Srinivas
Managing Director, Shankara Building Products Limited
In the face of industry headwinds, including falling steel prices and a tepid building materials environment, Shankara has continued to deliver on its growth trajectory, driven by superior volumetric growth. I am pleased to report that we are fully geared to meet our annual target of 0.8 million tonnes for FY25 and aim for 7 million tonnes for FY26 in our steel product segment. At the same time, our non-steel segment continues to inch up every quarter, with growth across key categories such as Plumbing, Fittings & Sanitaryware. Lastly, we are progressing well on the demerger of our marketplace business, with the shareholder EGM just around the corner. We hope to conclude the entire process within H1FY26.
Informational and educational content only. Not investment advice.