Shankara Buildpro Limited delivered strong financial performance in the third quarter of FY26, with consolidated net profit rising 38.8% year-on-year to ₹25.00 crores compared to ₹18.01 crores in Q3FY25. The company's revenue from operations grew robustly by 29.1% to ₹1,666.25 crores, demonstrating solid business momentum in the building products trading segment.

Quarterly Financial Performance

The company's consolidated financial results for Q3FY26 showed comprehensive growth across key metrics:

The company's profit before tax reached ₹38.43 crores, while total expenses stood at ₹1,625.70 crores. Purchase of stock-in-trade, the largest expense component, increased to ₹1,569.15 crores from ₹1,235.12 crores in the corresponding quarter.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Shankara Buildpro demonstrated exceptional growth momentum:

The nine-month results reflect the company's ability to scale operations effectively while maintaining profitability margins. Total income for the period reached ₹4,830.46 crores compared to ₹3,707.95 crores in the corresponding period last year.

Management Commentary and Business Outlook

Commenting on the performance, Mr. Sukumar Srinivas, Managing Director, highlighted the company's strong volume growth momentum. Buildpro recorded a healthy 37% year-on-year volume growth in Q3 and 38% growth during the nine-month period, with healthy growth momentum across key markets and product categories. The company remains well on track to achieve its 1 million tonne volume target for the year.

The management noted encouraging industry demand on the steel side, providing continued impetus to volume growth. While non-steel categories continued to face industry headwinds through Q3, the company remains optimistic about an improving operating environment going forward.

Earnings Call Recording Available

Shankara Buildpro Limited has informed stock exchanges that the audio recording of its Q3FY26 earnings call, held on February 12, 2026, at 12:00 PM IST, is now available on the company's website. The recording can be accessed at the company's official website under the investor relations section.

The company has complied with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by making the earnings call recording publicly available for stakeholders and investors.

Corporate Developments and Regulatory Compliance

The Board of Directors approved these unaudited consolidated and standalone financial results at their meeting held on February 11, 2026, which commenced at 12:45 PM and concluded at 2:30 PM. The results were prepared under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and have been subject to limited review by statutory auditors ASA & Associates LLP.

The quarterly results included an exceptional charge of ₹2.61 crores related to employee benefit obligations arising from the implementation of New Labour Codes that became effective from November 21, 2025. The company's shares were listed on stock exchanges on January 9, 2026, following the completion of a demerger scheme from Shankara Building Products Limited.

Shankara Buildpro Limited has delivered impressive financial performance in Q2FY26, demonstrating strong growth momentum in its trading and retailing operations for home improvement and building products. The company's consolidated results for the quarter ended September 30, 2025, reflect robust operational efficiency and market expansion.

Strong Revenue Growth and Profitability

The company's financial performance showed significant improvement across all key parameters during Q2FY26:

The substantial revenue growth of 28.8% demonstrates the company's strong market position and effective business strategy. Net profit more than doubled, indicating improved operational efficiency and better margin management.

Half-Year Performance Highlights

For the six-month period ended September 30, 2025, Shankara Buildpro maintained its growth trajectory:

Financial Position and Balance Sheet Strength

The company's balance sheet as of September 30, 2025, shows a robust financial position with total assets of ₹1,401.90 crores compared to ₹1,253.72 crores as of March 31, 2025. Key balance sheet highlights include:

• Current Assets: ₹1,340.90 crores, primarily comprising inventories of ₹414.41 crores and trade receivables of ₹876.89 crores
• Total Equity: ₹478.71 crores with paid-up equity share capital of ₹24.25 crores
• Working Capital Management: The company maintains substantial inventory levels to support its trading operations

Operational Efficiency and Cost Management

During Q2FY26, the company demonstrated effective cost control with total expenses of ₹1,556.52 crores against ₹1,220.32 crores in Q2FY25. The expense structure included:

• Purchases of stock-in-trade: ₹1,506.32 crores
• Employee benefits expense: ₹15.03 crores
• Finance costs: ₹9.61 crores, down from ₹11.09 crores in Q2FY25
• Other expenses: ₹17.88 crores

Recent Corporate Developments

Shankara Buildpro completed significant corporate restructuring during the period. The company acquired a controlling 51% stake in Purple Splash Materials Private Limited during Q2FY26, which commenced business operations in the same quarter. This acquisition marks the company's first consolidation, making comparative analysis with previous periods limited.

The company's shares were listed on stock exchanges on January 9, 2026, following the completion of a demerger scheme from Shankara Building Products Limited. As a newly listed entity, the company is required to publish financial results for both September 2025 and December 2025 quarters under SEBI LODR regulations.

Business Outlook and Strategic Focus

Operating in the single segment of trading and retailing home improvement and building products, Shankara Buildpro has established a strong market presence. The company's consistent growth in revenue and profitability, combined with its recent listing and strategic acquisitions, positions it well for continued expansion in the building materials sector.