BUILDPRO
Shankara Buildpro share price & financials
- Price
- ₹1,233.4
- Market cap
- ₹3.1k Cr
- Sector
- Consumer Services
- Calls analysed
- 3
Shankara Buildpro Limited Q1 FY27
What went well
- Strong revenue growth of 21% YoY to ₹1,890 crores, driven by steel and non-steel recovery.
- PAT grew 12% YoY to ₹35.8 crores despite macro headwinds and inventory losses.
- Steel volume grew 10% YoY to 2.5 lakh tons in a challenging market, indicating strength of marketplace model.
What to watch
- Q1 FY27 was a soft quarter for steel demand due to geopolitical tensions, energy inflation, and challenging macro environment.
- Softening of prices in April-May led to cautious purchase behavior and an inventory loss of ~₹10 crores, impacting EBITDA margin by ~0.5% bps.
What Shankara Buildpro Limited does
Shankara Buildpro operates an omni-channel marketplace for building materials and home-improvement products, distributing and retailing steel (pipes, tubes, and long and flat steel products) alongside a growing non-steel portfolio spanning tiles, bath fittings & sanitaryware, paints, electricals & lighting, and plumbing & PVC pipes. It sources from 100+ brand partners across a catalogue of over 2 lakh SKUs and sells through physical stores, fulfilment centres/warehouses and its own e-commerce platform, Buildpro.store, serving customers ranging from individual homeowners and contractors to large industrial, infrastructure and institutional buyers. Its network is concentrated across South India (Karnataka, Tamil Nadu, Kerala, Telangana, Andhra Pradesh, Pondicherry, Goa) with expansion underway into Maharashtra, Madhya Pradesh and Gujarat.
Segments
- Steel
- Non-Steel
- Operational Stores
- 95
- Fulfilment Centres
- 35
- Retail Space
- 5.4+ lakh sq. ft.
- Geographic Footprint
- 45 cities across 10 states/UT
- Product Assortment
- 2 lakh+ SKUs across 75+ product categories (25+ verticals)
- Supplier Brand Partnerships
- 100+ leading brands
Guidance record · Q1 FY27
what the last two calls moved 13 tracked 1 delivered 0 missed 12 open- Steel Volume delivered said Q3 FY26 Promised: 1 million tonnes in steel volume in Shankara Buildpro Limited Standalone Q1 FY27: Promise achieved in the previous fiscal year. No new updates.
- Overall Volume Growth on track said Q3 FY26 Promised: growing around 20% on an average for next year Q1 FY27: Reiterated. Management confirmed confidence in meeting 20% steel volume growth and 25% non-steel growth for FY27, despite a softer Q1.
All 13 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 20.5%, net profit up 12.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,239 | 1,291 | 1,560 | 1,568 | 1,595 +29% | 1,666 +29% | 1,996 +28% | 1,890 +21% |
| EBITDA | 31 | 35 | 47 | 53 | 50 +61% | 54 +54% | 70 +49% | 61 +15% |
| Net profit | 14 | 18 | 29 | 32 | 29 +107% | 25 +39% | 42 +45% | 36 +13% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +54.1% YTD
YTD: ₹812.55 on 9 Jan 2026 → ₹1,252.5. High ₹1,347.8 (5 Aug 2026), low ₹653.6 (27 Jan 2026).
How the price took the results
close before → close after
- Q1 FY27
- +0.1%
- 7 Aug
- Q4 FY26
- +2.0%
- 27 May
- Q3 FY26
- +7.7%
- 12 Feb
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹6.8k Cr |
| Operating profit | ₹227 Cr |
| Operating margin | 3.3% |
| Interest | ₹43 Cr |
| Depreciation | ₹10 Cr |
| Net profit | ₹128 Cr |
| Net margin | 1.9% |
| Cash from operations | ₹90 Cr |
| Free cash flow | ₹78 Cr |
| ROCE | 39.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹23 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr |
| Reserves | ₹620 Cr | ₹773 Cr | ₹454 Cr | ₹521 Cr |
| Borrowings | ₹88 Cr | ₹87 Cr | ₹89 Cr | ₹61 Cr |
| Other liabilities | ₹561 Cr | ₹701 Cr | ₹834 Cr | ₹999 Cr |
| Total liabilities | ₹1.3k Cr | ₹1.6k Cr | ₹1.4k Cr | ₹1.6k Cr |
| Fixed assets | ₹281 Cr | ₹293 Cr | ₹47 Cr | ₹46 Cr |
| Capital work in progress | ₹4 Cr | ₹3 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹1.0k Cr | ₹1.3k Cr | ₹1.4k Cr | ₹1.6k Cr |
| Total assets | ₹1.3k Cr | ₹1.6k Cr | ₹1.4k Cr | ₹1.6k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Mar 2026, FIIs trimmed −1.70 pp while DIIs added +1.11 pp. The shareholder count shrank 4% to 24,246.
- Promoters
- 40.2%
- FIIs
- 9.3%
- DIIs
- 13.2%
- Government
- 0.4%
- Public
- 36.9%
Since Mar 2026
- FIIs −1.70 pp
- DIIs +1.11 pp
- Government +0.43 pp
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Turnaround Opportunities Fund VC / PE newly disclosed 1.10% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Shankara Buildpro Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sukumar Srinivas | 38.72% | unchanged |
| Franklin India Small Cap Fund Mutual fund | 4.66% | unchanged |
| Marval Guru Fund FPI fund | 3.55% | unchanged |
| Singularity Equity Fund I AIF | 1.90% | unchanged |
| Ohana India Growth Fund AIF | 1.60% | unchanged |
| Arjuna Fund Pte. Ltd. FPI fund | 1.31% | unchanged |
| Chartered Finance & Leasing Limited | 1.24% | unchanged |
| Turnaround Opportunities Fund VC / PE | 1.10% | newly disclosed |
| Shankara Holdings Private Limited | 0.71% | unchanged |
| Parwathi Srikanth Mirlay | 0.41% | unchanged |
| Dhananjay Mirlay Srinivas | 0.33% | unchanged |
| Wellington Trust Company, National Association Mul | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 14.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
All earnings calls (3)
Read the Q1 FY27 call →Learn to analyse Shankara Buildpro Limited
Guides on how to read this kind of business and the numbers that matter.