Shankara Building Products Limited has informed the Exchange regarding a press release dated July 28, 2025, titled "Press Release".
SHANKARA · price
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Awaiting price reaction for this filing.
Shankara Building Products Limited reported strong Q1FY26 results, with revenue of ₹1,644 crore, up 27% year-on-year. The company achieved its highest-ever Q1 volumes at 2.38 lakh tonnes in its core steel business, registering 35% YoY volume growth and is well-positioned to cross the 1 million tonne milestone in FY26. Profitability improved sharply with EBITDA growing 43% YoY and profit after tax (PAT) more than doubling at 102% YoY to ₹32 crore, making this the company's most profitable quarter to date. The non-steel building materials business faced industry headwinds, while the proposed demerger of the marketplace business into a new entity, 'Shankara BuildPro Limited,' is awaiting final NCLT approval.
Record volumes, doubled profits, and a likely positive market reaction. The pending demerger approval could unlock additional shareholder value if cleared in the coming months.