Shankara Buildpro Ltd

Shankara Buildpro Ltd has announced October 8, 2026, as the record date for its upcoming stock split. The company's board of directors approved the sub-division of equity shares, where each share with a face value of Rs. 10 will be split into five shares of Rs. 2 each. This decision was previously approved by shareholders through a postal ballot on September 10, 2026. The record date will be used to determine eligible shareholders for this corporate action.

Shankara Buildpro Limited announced its financial results for Q1FY27, reporting a 21% year-on-year growth in Revenue from Operations to ₹1,890 crore. This growth was primarily driven by the core steel marketplace, which saw a 10% YoY volume increase to 2.50 lakh tonnes, despite a soft industry demand. The non-steel marketplace also showed a recovery, with revenue growing 15% YoY after two years of consolidation. The company maintained a healthy balance sheet and is on track to meet its FY27 steel volume target of 1.2 million tonnes. Profit After Tax (PAT) stood at ₹36 crore.

Shankara Buildpro's consolidated Q1 FY27 revenue came in at ₹1,889.79 Cr, up 20.5% YoY (against ₹1,568.14 Cr) but down 5.3% QoQ from ₹1,996.30 Cr. Consolidated PAT of ₹35.78 Cr grew a slower 11.6% YoY (₹32.07 Cr) and fell 13.8% QoQ (₹41.50 Cr), so profit growth trailed the topline for a second straight comparison. No analyst estimates for the stock were found in a web search (0 broker coverage per Simply Wall St), so vs-street cannot be assessed; management has not issued a separate press release with this filing, so there is no company framing to reconcile beyond the results statement itself. The shortfall between revenue and profit growth traces to margin compression on both counts: net margin fell to 1.89% from 2.04% a year ago and 2.08% last quarter, while EBITDA margin (PBT + finance cost + depreciation, over revenue) slipped to roughly 3.26% from 3.36% YoY and 3.49% QoQ. That puts Q1 running just below the low end of the 3.3%-3.5% EBITDA margin band management guided for FY27 at the Q4 FY26 call, even as the 20.5% YoY revenue print sits squarely on the ~20% FY27 revenue growth guidance given at the same call. No exceptional items hit either the current or year-ago quarter, so the growth rates above are unadjusted comparisons on a clean base. The quarter's other corporate action — a board-approved 1:5 stock split (face value ₹10 to ₹2) alongside the results, pending shareholder approval — is a liquidity/affordability move unrelated to the operating print and doesn't affect the EPS figures reported here. The consolidated scope is now meaningfully more than a standalone pass-through only in name: subsidiary Purple Splash Materials added ₹1.87 Cr revenue and ₹0.35 Cr PAT this quarter, per the auditors' note, still explicitly flagged as immaterial to the group. The sequential declines in both revenue and profit are consistent with a seasonally softer April-June quarter for a building-materials retailer ahead of the monsoon, following a stronger Jan-Mar print; the more relevant read is the YoY trend, where topline is tracking guidance but margin delivery is not yet there.

Shankara Buildpro Ltd has announced a Board of Directors meeting scheduled for August 6, 2026. The primary agenda items include the consideration and approval of the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, along with the Independent Auditors' Review Report. Additionally, the Board will discuss a proposal for the sub-division or split of the Company's existing equity shares. The trading window, closed since July 1, 2026, will reopen 48 hours after the declaration of these results.

Shankara Buildpro Ltd has responded to a stock exchange query regarding recent price movements. The company stated that it is in compliance with SEBI (LODR) Regulations and has consistently informed exchanges of all material events. They confirmed there is no undisclosed price-sensitive information or impending corporate actions that need to be announced at this time. The company assured continued adherence to disclosure norms.

Shankara Buildpro Ltd has announced the closure of its trading window for directors, promoters, designated employees, and connected persons. This restriction will be in effect from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ended June 30, 2026. The closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, aimed at preventing potential insider trading activities during the sensitive period leading up to and immediately following the financial results announcement.

Shankara Buildpro Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI regulations. The report details the company's business activities, which are primarily in the retail and omni-channel sales of steel and building materials, accounting for 100% of its turnover. Key products include steel, pipes, tubes, TMT rebars, and sanitaryware. The company operates across 10 states and 1 Union Territory in India, serving a diverse customer base from individual homeowners to industrial clients. As of FY26, the company reported 925 employees and has one subsidiary.

Shankara Buildpro Ltd has submitted its Annual Report for the financial year 2025-26 and the notice for its 3rd Annual General Meeting (AGM). The AGM is scheduled for Thursday, July 2, 2026, at 11:30 AM IST, to be conducted via Video Conferencing. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY26, declaration of a final dividend of ₹5 per equity share, and the re-appointment of Mr. C. Ravikumar as a Director retiring by rotation. The filing also lists the Board of Directors, Key Managerial Personnel, Statutory Auditors, Internal Auditors, Secretarial Auditor, and other corporate information.

Shankara Buildpro Ltd has announced its 3rd Annual General Meeting (AGM) will be held on Thursday, July 2, 2026, at 11:30 AM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, declaration of a final dividend of ₹5 per equity share, re-appointment of Mr. C. Ravikumar as a Director retiring by rotation, and the appointment of Mr. K. Jayachandran as Secretarial Auditor for a five-year term. Additionally, the AGM will consider approving an increase in remuneration for the Managing Director, Mr. Sukumar Srinivas.

Shankara Buildpro Ltd has issued a correction to its earlier intimation regarding the record date for the dividend. The company identified a typographical error in the previous communication dated May 19, 2026, where the record date was incorrectly stated as June 25, 2026. The corrected record date is June 24, 2026. All other details and conditions mentioned in the original intimation remain unchanged. The company regrets the error and any inconvenience caused.