Shankara Building Products Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Shankara Building Products reported audited results for Q4 and FY26 ended March 31, 2026. On a consolidated basis, revenue from operations was flat at Rs.1,364 crore vs Rs.1,362 crore in FY25 (restated), while PAT turned positive to Rs.3.84 crore from a loss of Rs.0.79 crore in FY25. However, standalone performance showed a loss of Rs.6.75 crore (vs loss of Rs.5.18 crore in FY25), indicating the trading business demerger into Shankara BuildPro Limited (effective September 2025) has materially changed the financial structure. Current borrowings surged significantly from Rs.47 crore to Rs.190 crore, and operating cash flows were deeply negative at Rs.101 crore due to substantial increases in inventory and receivables. Auditors issued an unmodified (clean) opinion with figures restated due to the demerger. The company also expanded its MoA to enter logistics, transportation, electrical products, and solar businesses.
The flat consolidated revenue with dramatically higher borrowings and negative cash flows raises concerns about working capital management, though the shift to profit may provide some comfort. The persistent standalone losses will require monitoring as the new structure stabilizes.