Shankara Building Products Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
SHANKARA · price
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Shankara Building Products' board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditor Sundaram & Srinivasan issuing an unmodified (clean) opinion. Consolidated revenue from operations rose to Rs. 5,696.69 cr in FY25 from Rs. 4,828.44 cr in FY24, an increase of roughly 18%. However, profit after tax slipped to Rs. 77.40 cr from Rs. 81.13 cr, while EPS fell to Rs. 31.92 from Rs. 34.67 as finance costs jumped to Rs. 52.25 cr from Rs. 32.34 cr. The board recommended a final dividend of Rs. 3.00 per share (9.96% of standalone PAT). It also appointed Mr. Dhananjay Mirlay Srinivas (son of Managing Director Mr. Sukumar Srinivas) as Whole-time Director for 5 years and Mr. K. Jayachandran as Secretarial Auditor for FY26–FY30. The 30th AGM is scheduled for June 24, 2025.
Strong top-line growth on the consolidated level is offset by higher interest costs and a slight dip in profits and EPS, which may limit near-term upside. The modest dividend and related-party director appointment could draw shareholder attention, but the clean audit and revenue momentum are supportive signals for the stock.