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Latest news about Shankara Building Products

Shankara Building Products Announces Listing Approval for Demerged Entity 9 days ago

Shankara Building Products Limited has successfully completed a major corporate restructuring with its demerged entity Shankara Buildpro Limited receiving exchange approval for independent listing. The demerger scheme, sanctioned by NCLT in August 2025, will see Shankara Buildpro commence trading on BSE and NSE from January 09, 2026, providing shareholders direct access to the specialized business operations.

CRISIL Downgrades Shankara Building Products' Credit Ratings on ₹595 Crore Bank Facilities Jan 02, 2026

Shankara Building Products Reports Strong Q2 Performance with 31% Steel Volume Growth Nov 20, 2025

Shankara Building Products Unveils Ambitious Retail Expansion Strategy Nov 14, 2025

Shankara Building Products Reports Strong Q2H1FY26 Results with 31% Steel Volume Growth Nov 13, 2025

More news about Shankara Building Products

10Oct 25

Franklin Templeton Exits Shankara Building Products with Complete 4.34% Stake Sale

Franklin Templeton Mutual Fund has completely divested its 4.34% stake in Shankara Building Products, selling 1,052,838 shares through open market transactions on October 9, 2025. The sale was executed via the Franklin India Small Cap Fund scheme, reducing Franklin Templeton's holding in the company to zero. Shankara Building Products, listed on NSE and BSE, has a total equity share capital of 24,249,326 shares. The transaction details were disclosed in compliance with SEBI regulations.

03Oct 25

Shankara Building Products CFO Alex Varghese Resigns Amid Corporate Restructuring

Shankara Building Products Limited has announced significant changes in its top management. CFO Alex Varghese and Company Secretary Ereena Vikram have resigned, effective October 3, 2025. Both will transition to similar roles at Shankara BuildPro Limited, described as the 'Resulting Company' in a 'Composite Scheme of Arrangement'. The company is in the process of appointing new Key Managerial Personnel within the stipulated time frame as per regulations.

23Sept 25

Shankara Building Products Outlines Cost Allocation for Shareholders Post-Demerger

Shankara Building Products Limited (SBPL) has provided guidance to shareholders on allocating acquisition costs for equity shares following its demerger with Shankara Buildpro Limited (SBL). The National Company Law Tribunal approved the demerger on August 21, 2025, with shareholders receiving one SBL share for each SBPL share held. The cost allocation is set at 34.19% for SBPL shares and 65.81% for SBL shares. The record date for share allocation is September 24, 2025. SBPL clarified that the share issuance is not taxable under Section 47(vid) of the Income Tax Act, and for capital gains purposes, the acquisition date of SBL shares will be the same as the original SBPL shares.

12Sept 25

Shankara Building Products Sets Record Date for Demerger with Shankara Buildpro

Shankara Building Products Limited (SBPL) has announced September 24, 2025, as the record date for its demerger with Shankara Buildpro Limited. Shareholders will receive one equity share of Shankara Buildpro for every SBPL share held. The new shares, with a face value of Rs 10 each, are planned for listing on NSE and BSE, subject to regulatory approvals. This move aims to create two focused entities, potentially unlocking value for shareholders.

09Sept 25

Shankara Building Products Completes Demerger with Shankara Buildpro

Shankara Building Products Limited (SBPL) has implemented its demerger scheme with Shankara Buildpro Limited, effective September 9, 2025. The scheme, with an appointed date of April 1, 2024, designates SBPL as the demerged company and Shankara Buildpro as the resulting company. SBPL has informed BSE and NSE about the scheme's effectiveness, complying with SEBI regulations. The record date for shareholder eligibility to receive Shankara Buildpro shares is pending announcement.

02Aug 25

Shankara Building Products Posts Strong Q1 Results with 35% Steel Volume Growth

Shankara Building Products Limited reported robust Q1 financial results, with steel volume reaching 2.38 lakh tons, a 35% year-on-year growth. Revenue grew by 27%, EBITDA margins improved to 3.58%, and net profit surged 102% to Rs. 32.00 crores. The company saw strong performance in flat products (65% growth), roofing (35% growth), and pipes and tubes (32% growth). Two new fulfillment centers were opened in Jabalpur and Gannavaram. The company maintains its market leadership in South India and targets 1 million tons for the current fiscal year. The demerger process is expected to conclude in Q3 of the current fiscal year.

28Jul 25

Shankara Building Products Posts Impressive Q1 Results: Revenue Up 27%, Net Profit Doubles

Shankara Building Products Ltd achieved remarkable growth in Q1. Revenue increased by 27% to ₹1,644.00 crore. Net profit more than doubled, rising 102.5% to ₹32.40 crore. EBITDA grew by 43.7% to ₹58.50 crore, with the EBITDA margin improving to 3.56% from 3.15%. This strong performance across key financial metrics highlights the company's robust business model and effective strategies in the building products sector.

10Jun 25

Madhu Kela's Singularity Equity Fund Acquires 460,000 Shares of Shankara Building Products

Singularity Equity Fund, managed by Madhu Kela, executed a block deal on June 9, purchasing 460,000 shares of Shankara Building Products at ₹926.10 per share. This significant investment in the building products retail company could be seen as a positive signal for the stock and may influence market sentiment.

16May 25

Shankara Building Products Reports Strong Q4 Performance, Declares Dividend

Shankara Building Products Ltd. announced strong Q4 results with revenue up 19.10% to ₹16.40 billion, EBITDA increasing 19.50% to ₹514.00 million, and net profit rising 17.70% to ₹285.00 million. The company also declared a dividend of ₹3 per share.