Shankara Building Products Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 3 per equity share.
SHANKARA · price
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Shankara Building Products' Board, which met on May 16, 2025, approved audited financial results for Q4 and FY25 with an unmodified (clean) opinion from statutory auditor Sundaram & Srinivasan. Consolidated revenue for FY25 rose to Rs. 5,696.69 crore from Rs. 4,828.44 crore, but profit after tax slipped to Rs. 77.40 crore from Rs. 81.13 crore. The Board recommended a final dividend of Rs. 3 per share (30% on face value of Rs. 10), equal to 9.96% of standalone PAT, subject to shareholder approval at the 30th AGM scheduled for June 24, 2025. Mr. Dhananjay Mirlay Srinivas (son of MD Mr. Sukumar Srinivas) was appointed Whole-time Director for five years, and Mr. K. Jayachandran was named Secretarial Auditor for FY26–FY30. A demerger scheme, already approved by shareholders in February 2025, remains pending NCLT hearing.
Investors get a modest final dividend of Rs. 3 per share (total Rs. 7.27 cr payout) and see topline growth of nearly 18%, though a slight dip in consolidated PAT and a sharp rise in finance costs (~62% YoY) may temper enthusiasm. Key near-term triggers are the June 24 AGM and the pending NCLT ruling on the demerger, which could materially reshape the business.