Shankara Buildpro FY26 Revenue Up 30% to ₹6,826 Crore; Targets 1.2 Million Tonne Steel Volume in FY27
Shankara Buildpro's FY26 revenue increased by 30% YoY to ₹6,826 crore, with PAT rising by 64% YoY. Steel volume reached 10.2 lakh tonne, a 32% increase from FY25. The company targets approximately 1.2 million tonne of steel volume in FY27. An earnings conference call is scheduled for May 21, 2026, at 12:00 PM (IST).
The strong financial results and future growth targets are likely to have a moderate positive impact on the company's stock and investor confidence.
The announcement highlights strong financial performance with significant revenue and profit growth, along with positive future targets.
Shankara Buildpro Limited announced its financial results for the fourth quarter and year ended March 31, 2026. Mr. Sukumar Srinivas, Managing Director, stated that FY26 was a milestone year, with revenue from operations growing 30% YoY to ₹6,826 crore. EBITDA margin expanded, and Profit After Tax grew 64% YoY. The growth was driven by strong execution in the core steel product segment, surpassing the 1 million tonne volume target, with total steel volume for FY26 at 10.2 lakh tonne, up 32% from 7.7 lakh tonne in FY25. The company is targeting approximately 1.2 million tonne of steel volume in FY27. Industry demand for steel has been encouraging. However, the non-steel business experienced marginal revenue growth due to macro headwinds affecting building materials demand. The company expects a resurgence in growth in non-steel product categories in FY27. Plumbing, Fittings, and Sanitaryware are expected to continue to deliver growth, and a reversal is hoped for in the Tiles category as the industry stabilizes from gas availability challenges. The company anticipates a strong growth outlook for FY27, supported by continued performance in steel and recovery in non-steel product categories.
Financial highlights for the quarter ended March 31, 2026, include revenue of ₹1,996 crore, up 28% YoY, and PAT of ₹42 crore. Financial highlights for the year ended March 31, 2026, include revenue of ₹6,826 crore, up 30% YoY, and PAT of ₹128 crore. An earnings conference call is scheduled for Thursday, May 21, 2026, at 12:00 PM (IST) to discuss the performance of the quarter and answer questions from participants.
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Shankara Buildpro Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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