SHANKARABSEShankara Building Products LtdHighNeutral
Announced Tue, 5 May · 16:34 IST

Outcome of Board Meeting- Audited Financial Results (standalone and consolidated) for the quarter and year ended March 31, 2026

Pat Growth 25pctResults RestatedNegative Operating CashflowDebt Equity ThresholdResults View source PDF

SHANKARA · price

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹116.75
prior close
₹119.80
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After-mkt
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AI summary

Shankara Building Products reported consolidated revenue of Rs 1,364 crore for FY26, essentially flat versus FY25 restated figure of Rs 1,362 crore. However, the company swung to profit with consolidated PAT of Rs 3.84 crore versus a loss of Rs 0.79 crore in the prior year. Q4 FY26 showed stronger performance with PAT of Rs 7.35 crore. The auditors issued a clean (unmodified) opinion. Results are restated due to the demerger of the trading business to Shankara BuildPro Limited effective September 2025. The standalone entity continues to report losses of Rs 6.75 crore as it now holds mainly investment properties and investments in subsidiaries. Current borrowings nearly quadrupled to Rs 189.64 crore from Rs 46.97 crore. Operating cash flow was significantly negative at Rs 100.94 crore outflow.

Likely market impact

The turnaround to consolidated profit is positive, but the massive jump in debt and negative operating cash flow raise concerns about liquidity. Flat revenue growth and the loss-making standalone entity suggest challenges ahead.