Shankara Buildpro Ltd

Shankara Buildpro Ltd announced credit rating actions from CRISIL and Crisil Ratings, including an initial assignment of a Credit Rating with details enclosed, alongside upgrades to its Bank Facilities amounting to Rs.820 Crore, now carrying a Crisil A/Stable (long term) and Crisil A1 (short term) rating, previously rated 'Crisil A-/Stable' and 'Crisil A2+' respectively; Crisil also upgraded short-term ratings to Crisil A1 from 'Crisil A2+' with bank-wise details provided in Annexure 1, and further upgraded a rating to Crisil A- from 'Crisil A-/Stable'; several Cash Credit facilities from YES Bank Limited, Citi Bank, IDFC FIRST Bank Limited, ICICI Bank Limited, The Federal Bank Limited, CSB Bank Limited, Standard Chartered Bank, IndusInd Bank Limited, along with Non-Fund Based Limits from DBS Bank Limited, The South Indian Bank Limited, HDFC Bank Limited, and Working Capital Facilities from Kotak Mahindra Bank Limited, all now carry a Crisil A/Stable rating, while Non-Fund Based Limits of 25, 50, and 70, and Working Capital Facilities of 50 and 60, are rated Crisil A1; the rating letter remains valid until March 31, 2027, and various other instruments including Commercial Paper and NCDs, Loan Facilities, External Commercial Borrowings, Certificates of Deposit, Fixed Deposits, Inter Corporate Deposits/Loans, Borrowing programme, Issuer Ratings, Credit Ratings for Capital Protection Oriented Schemes, Credit quality ratings (CQRs), Security Receipts, Independent Credit Evaluation (ICE), Expected Loss Ratings, and PTCs / Securitisation Notes, were not rated.

Shankara Buildpro Limited submitted a certificate to the Bombay Stock Exchange and National Stock Exchange on October 12, 2026, regarding the dematerialization and rematerialization of securities for the quarter ended September 30, 2026, as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate was provided by KFin Technologies Limited, the company's registrar and share transfer agent.

Shankara Buildpro Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for dealing in the company's securities will be closed for directors, promoters, designated employees, and connected persons from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ending September 30, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Shankara Buildpro Limited informed the BSE Limited and National Stock Exchange of India Limited that its shareholders approved the sub-division/split of equity shares via postal ballot on September 10, 2026, and the Board of Directors has fixed Thursday, October 08, 2026, as the record date for the purpose of ascertaining the eligibility of shareholders for the stock split, which involves the sub-division of the face value of each Equity Share of the Company from Rs 10 to Rs 2, resulting in every existing share being split into 5 shares.

Shankara Buildpro Ltd share price slipped 1.42% to Rs 1329.65 after the company's net profit fell 13.78% to Rs 35.78 crore, while revenue from operations softened by 5.34% to Rs 1889.79 crore in Q2FY26 over Q1FY26. The market capitalization of Speciality Retail industry group stocks on BSE stood at Rs 3.05 lakh crore, rising 0.77%. It has improved by 2.83% over last one week and moved up slightly by 7.82% in last one month while the market capitalization of Shankara Buildpro Ltd has marginally improved by 7.32% and 18.72% in the same period respectively. Profit before tax (PBT) of Shankara Buildpro Ltd stood at Rs 47.89 crore in Q2 FY26, improving 14.65% year-on-year, and dropping 12.31% quarter-on-quarter. EBITDA came in at Rs 61 crore, expanding by 15.42% YoY and retreating 12.60% sequentially. Total expenses eased by 5.05% to Rs 1832.05 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 13.18 crore, ticking higher by 2.73% YoY. For the TTM ended FY26, revenue from operations soared by 29.58% to Rs 6825.71 crore, while net profit surged by 63.72% to Rs 127.96 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 14952% to Rs 225.53 crore, and PBT soared 71.92% to Rs 173.76 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 89.53 crore in FY26, as against Rs 68.48 crore in FY25. Shankara Buildpro Ltd jumped 63.64% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 1.97% during the same period.

Shankara Buildpro Ltd share price gained 1.30% to Rs 1348.8. The Company's net profit declined by 13.78% to Rs 35.78 crore, while revenue from operations slipped slightly by 5.34% to Rs 1889.79 crore in Q2FY26 over Q1FY26. The market capitalization of Speciality Retail industry group stocks on BSE stood at Rs 3.05 lakh crore, easing 0.77%. It has marginally improved by 3.20% over last one week and advanced by 8.10% in last one month while the market capitalization of Shankara Buildpro Ltd has increased 11.13% and 20.43% in the same period respectively. Profit before tax (PBT) of Shankara Buildpro Ltd stood at Rs 47.89 crore in Q2 FY26, climbing 14.65% year-on-year, and retreating 12.31% quarter-on-quarter. EBITDA came in at Rs 61 crore, expanding by 15.42% YoY and dropping 12.60% sequentially. Total expenses marginally dropped 5.05% to Rs 1832.05 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 13.18 crore, inching up 2.73% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 29.58% to Rs 6825.71 crore, while net profit jumped 63.72% to Rs 127.96 crore, compared to previous TTM. EBITDA soared by 14952% to Rs 225.53 crore, and PBT witnessed a strong rise of 71.92% to Rs 173.76 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 89.53 crore in FY26, as against Rs 68.48 crore in FY25. Shankara Buildpro Ltd rallied 66% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.64% during the same period.

Shankara Buildpro Limited, a building materials and home improvement marketplace, announced its financial results for the first quarter ended June 30, 2026, reporting revenue from operations of Rs 1,890 crore, a 21% year-over-year increase, and Rs 36 crore in profit after tax. The company’s steel marketplace delivered 2.50 lakh tonne of volume, a 10% YoY growth, while non-steel revenue grew 15% year-over-year, and the company is targeting 1.2 million tonne of steel volume in fiscal year 2027.

Shankara Buildpro Limited will hold a meeting of its Board of Directors on August 6, 2026, to approve the unaudited financial results (standalone and consolidated) along with the Independent Auditors’ Review Report on the unaudited consolidated financial results for the quarter ended June 30, 2026, and to consider a proposal for the sub-division/split of existing equity shares. The trading window for the company’s securities was closed from July 1, 2026, and will remain closed until 48 hours after the declaration of the unaudited financial results.

Shankara Buildpro has fixed 24 June 2026 as record date for purpose of dividend.

Shankara Buildpro announced that the Annual General Meeting(AGM) of the company will be held on 2 July 2026.