Shankara Buildpro AGM passes FY26 results, dividend

Shankara Buildpro Limited held its 3rd Annual General Meeting (AGM) on July 02, 2026, through Video Conferencing, where shareholders approved the audited financial statements for the financial year ended March 31, 2026. The meeting also sanctioned the declaration of a final dividend and the re-appointment of Mr. C. Ravikumar as a Director. All seven resolutions listed on the agenda were passed with the requisite majority, including special resolutions approving remuneration increases for the Managing Director and Whole-time Directors.

The company reported a 63% increase in Profit After Tax (PAT) to ₹127.96 crore for FY26, compared to ₹78.16 crore in the previous year. Total revenue grew by 30% to ₹6,825.71 crores from ₹5,267.38 crores in FY25, while EBITDA rose 51% to ₹228.34 crores. The company achieved a milestone of selling approximately 1.02 million tonnes of steel, registering a growth of around 32% over the previous year. The successful demerger of the marketplace business from Shankara Building Products Limited was completed in January 2026, leading to the listing of Shankara Buildpro Limited on stock exchanges.

Financial Performance

Metric	FY26	FY25	Growth
Total Revenue	₹6,825.71 crores	₹5,267.38 crores	30%
EBITDA	₹228.34 crores	₹151.37 crores	51%
Profit After Tax	₹127.96 crore	₹78.16 crore	63%
Steel Sales Volume	1.02 million tonnes	-	~32%

AGM Proceedings

The Board recommended a final dividend of ₹5 per share, which was approved by shareholders. Resolutions regarding the re-appointment of Mr. C. Ravikumar as a Director, the appointment of a Secretarial Auditor, and the approval of remuneration increases for Mr. Sukumar Srinivas (Managing Director), Mr. C. Ravikumar (Whole-time Director), and Mr. Dhananjay Miralay Srinivas (Whole-time Director) were passed.

Remote e-voting was facilitated by KFin Technologies Limited from June 29, 2026, to July 01, 2026. Mr. S. Kannan, Practicing Company Secretary, was appointed as the scrutinizer for the voting process. A total of 43 members attended the meeting through Video Conferencing, representing 10,047,452 shares, which constituted 41.43% of the total share capital.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.18%	+24.76%	+15.07%	+53.90%	+53.90%	+53.90%

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:

Particulars	2025-26 (₹ in Crores)	2024-25 (₹ in Crores)
Total Income	6,826.14	5,268.64
Total Expenses	6,650.32	5,167.57
Profit Before Tax	173.21	101.07
Profit After Tax	127.56	78.16
Basic EPS (₹)	52.60	32.23

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.