SHANKARA BUILDPRO LIMITED

Management reported that Shankara Buildpro Limited achieved total revenue from operations of Rs. 1,890 crore in Q1 FY27, reflecting a 21% year-on-year increase, driven by volume growth in the steel marketplace and a recovery in the non-steel marketplace. The company recorded a PAT of Rs. 35.8 crore, up 12% year-on-year. Steel volume grew by 10% year-on-year, with steel revenue also increasing by 21% to Rs. 1,725 crore. Non-steel revenues reached Rs. 165 crore, up 15% year-on-year. Management noted that the operating environment improved in June and July after a challenging start to the quarter due to geopolitical tensions and energy inflation. The company maintained a goal of achieving 1.2 million tons in steel volume for FY27 and reported a same-store sales growth of 21%. Management also proposed a stock split to enhance liquidity and encourage retail participation.

Management emphasized strong revenue growth and positive trends in both steel and non-steel segments.