Shankara Buildpro reported a 21% year-on-year rise in revenue from operations to ₹1,890 crore for the quarter ended June 30, 2026 (Q1FY27), driven by a 10% growth in steel marketplace volumes and a recovery in non-steel sales. The company’s net profit after tax (PAT) grew 12% year-on-year to ₹36 crore, while EBITDA margin stood at 3.26%. This performance underscores the resilience of its marketplace model despite a cautious macro environment and soft structural steel demand.

The Board of Directors approved the results on August 6, 2026. Statutory auditors ASA & Associates LLP issued a limited review report on the unaudited financial results pursuant to Regulation 33 of the SEBI Listing Regulations. The company also confirmed its target of achieving 1.2 million tonnes of steel volume in FY27, citing settled steel prices and improving demand as key enablers.

Financial Performance

Shankara Buildpro’s top-line growth was broad-based, with both core steel and non-steel segments contributing to the expansion. Standalone revenue reached ₹1,888.61 crore, up from ₹1,568.14 crore in Q1FY26. Profit before tax increased 13.50% to ₹47.42 crore, while net profit after tax rose 10.50% to ₹35.43 crore on a standalone basis. Consolidated net profit was reported at ₹35.78 crore.

Consolidated other income contributed ₹0.47 crore, up from ₹0.11 crore in the previous year. Employee benefits expense remained stable at ₹13.18 crore, while finance costs increased to ₹10.32 crore from ₹9.04 crore.

Segment-Wise Growth

Managing Director Sukumar Srinivas highlighted that the steel marketplace delivered 2.50 lakh tonnes of volume in Q1FY27, reflecting continued market share gains despite industry-wide softness in structural steel demand due to geopolitical tensions. The non-steel segment showed an encouraging turnaround, with revenue growing 15% year-on-year after two years of consolidation through FY25 and FY26.

Strategic Outlook and Digital Growth

Shankara Buildpro emphasized its asset-light balance sheet, reporting a superior Return on Capital Employed (RoCE) of 35% in Q1FY27 following its demerger from Shankara Building Products Limited. Working capital days were held comfortably under 30 days at 27 days in Q1FY27. The company is targeting a medium-term EBITDA margin of 4%, up from 3.35% in FY26 and 3.26% in Q1FY27.

Digital channels are emerging as a significant growth engine. E-commerce revenue rose to ₹22 crore in FY26 from ₹5 crore in FY25. Based on current run-rates, the company projects e-commerce revenue to reach approximately ₹35 crore in FY27. The strategy aims for a balanced channel mix of 50:50 between third-party platforms and its own portal, Buildpro.store, to optimize reach and margins.

What the Numbers Show

The divergence between robust revenue growth (21%) and moderate net profit growth (12%) indicates margin pressure, with EBITDA margin settling at 3.26%. However, the volume-led growth strategy appears effective, particularly in the steel segment where the company gained share in a challenging market. The recovery in non-steel revenue adds a new growth vector, reducing reliance on the cyclical steel business. With steel prices firming up, the company is well-positioned to meet its FY27 volume target of 1.2 million tonnes.

Shankara Buildpro Limited will host a conference call with investors and analysts on Friday, August 07, 2026, at 12:00 PM IST to discuss its financial performance for the first quarter of fiscal year 2027 (Q1FY27). The management team aims to provide clarity on the company’s operational and financial outcomes for the quarter ended June 30, 2026, addressing key metrics and strategic developments relevant to stakeholders.

The intimation was filed with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on August 04, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory requirement ensures timely disclosure of material information to the investing public.

Management Participants

The conference call will feature senior leadership from Shankara Buildpro Limited, offering direct insights into the company’s performance. Key participants include:

Investors can participate in the call via toll-free numbers +91 22 6280 1341 and +91 22 7115 8242, or through online registration using the DiamondPass™ platform, which offers no-wait-time access. Prior registration is required for digital participation.

Contact Information

For further inquiries regarding the earnings call or general investor relations, stakeholders may contact:

• Ereena Vikram, Company Secretary & Compliance Officer (M. No. 33459), at cs@shankarabuildpro.com .
• Sayam Pokharna, Investor Relations Advisor at TIL Advisors Private Limited, at sayam@theinvestmentlab.in .

The company’s corporate office is located at G2, Farah Winsford, 133 Infantry Road, Bengaluru, while its registered office is situated at No.21/1 & 35-A-1, Hosur Main Road, Electronic City, Bengaluru.