Shankara Buildpro Limited has scheduled its 3rd Annual General Meeting (AGM) for Thursday, July 2, 2026, at 11.30 A.M. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting will consider the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The company has declared a final dividend of ₹5 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the AGM. The record date for determining dividend entitlement is June 24, 2026.

Financial Performance for FY26

Shankara Buildpro reported strong financial growth for the year ended March 31, 2026. On a standalone basis, total income rose to ₹6,826.14 crore from ₹5,268.64 crore in the previous year, while profit after tax (PAT) improved to ₹127.56 crore from ₹78.16 crore. On a consolidated basis, total income stood at ₹6,827.11 crore and PAT at ₹127.96 crore, compared to ₹5,268.64 crore and ₹78.16 crore respectively in the prior year. The consolidated revenue from operations reached ₹6,825.71 crore, and EBITDA increased to ₹228.33 crore from ₹151.36 crore.

The following table summarises the standalone financial performance:

AGM Agenda and Resolutions

The AGM will transact ordinary business, including the declaration of the final dividend and the re-appointment of Mr. C. Ravikumar (DIN: 01247347) as a Whole-time Director. Shareholders will also vote on the appointment of Mr. K. Jayachandran as Secretarial Auditor for a term of five years from April 1, 2026 to March 31, 2031. The approved fee for the financial year 2026-27 is ₹3,30,000 excluding taxes for the audit and ₹1,00,000 for the compliance report.

The meeting will further consider special resolutions to approve increases in remuneration for key executive directors. The proposed annual remuneration includes ₹1,24,20,000 for Mr. Sukumar Srinivas (Managing Director), ₹78,00,000 for Mr. C. Ravikumar (Whole-time Director), and ₹40,20,000 for Mr. Dhananjay Mirlay Srinivas (Whole-time Director).

Key AGM Dates and E-Voting Details

The Register of Members and Share Transfer Books will remain closed from June 25, 2026 to July 2, 2026. KFin Technologies Limited has been engaged to facilitate remote e-voting and the virtual AGM. Remote e-voting commences on June 29, 2026 at 9:00 a.m. IST and closes on July 1, 2026 at 5:00 p.m. IST. Mr. S. Kannan, Practicing Company Secretary, has been appointed as the Scrutinizer for the e-voting process.

Shankara Buildpro Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, submitted to the stock exchanges, outlines the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and details its environmental, social, and governance (ESG) performance. The company reported a turnover of ₹6,824.65 crore and a net worth of ₹545.46 crore for the period.

The filing confirms that the Board of Directors has delegated oversight of sustainability initiatives to the Risk Management Committee. This committee, comprising three Non-Executive Independent Directors and two Executive Directors, reviews performance against business responsibility principles on a quarterly basis. Mr. C. Ravikumar, Whole-time Director, is responsible for the implementation and oversight of these policies under the guidance of the Board.

Operational and Financial Overview

Shankara Buildpro operates on a standalone basis, with its primary business activities focused on the retail and omni-channel sales of steel and building materials. The company's operations span 10 states and one union territory, with no international presence or export activities reported. The workforce consists of 925 permanent employees, with women comprising 15% of the total employee count.

Governance and Compliance

The company reported that there were no fines, penalties, or settlement amounts paid in proceedings with regulators or law enforcement agencies during FY26. It maintains a Code of Conduct and a Whistleblower Policy to ensure ethical business operations. The report also indicates that the company has not carried out an independent assessment of its policies by an external agency.

Regarding material responsible business conduct issues, the company identified water and waste management as risks with negative financial implications, while electricity conservation and ethical business conduct were noted as opportunities with positive implications. The company has implemented measures such as rainwater harvesting and energy-efficient lighting to mitigate risks and capitalize on opportunities.

Social and Environmental Performance

The report highlights that 100% of permanent employees are covered by health and accident insurance. The company spent 1% of its total revenue on well-being measures for employees. In terms of safety, there were no reported lost time injuries or recordable work-related incidents during the year. The company also confirmed that it has not received any complaints related to sexual harassment or discrimination at the workplace.

On the environmental front, the company reported zero greenhouse gas emissions (Scope 1 and Scope 2) and zero air emissions for FY26. Waste management data indicates that no plastic, e-waste, or hazardous waste was generated during the reporting period. The company's energy intensity was recorded at 11.53 MWh per ₹ crore of turnover.