Shankara Buildpro Q3 FY26: Steel Volumes Surge 37%, Revenue Up 29% to ₹1,666 Cr
Shankara Buildpro reported Q3 FY26 revenue of ₹1,666 crore, up 29% YoY. Steel volumes grew 37% YoY to 2.61 lakh tonnes, with steel revenue at ₹1,520 crore. PAT for Q3 FY26 was ₹25.0 crore (up 39% YoY). The company is on track to exceed its FY26 steel volume target of 1.0+ million tonnes.
The results show strong performance in the core steel business and overall revenue growth. However, the decline in the non-steel segment and the impact of one-time provisioning on PAT suggest a moderate impact rather than high.
The company has shown significant year-on-year growth in key metrics like steel volumes and revenue, along with improved profitability and EBITDA margins. The positive outlook on achieving future targets also contributes to a positive sentiment.
Shankara Buildpro Limited announced its financial results for the third quarter and nine months ending December 31, 2025 (Q3 & 9M FY26). The company reported a robust 37% year-on-year (YoY) volume growth in its core steel segment for Q3 FY26, reaching 2.61 lakh tonnes. This contributed to a 34% YoY revenue growth in the steel segment, with sales reaching ₹1,520 crore.
Overall revenue for Q3 FY26 increased by 29% YoY to ₹1,666 crore. The non-steel segment, however, experienced a 5% YoY revenue decline to ₹146 crore, attributed to industry headwinds in categories like tiles. Despite this, the company achieved a 77% YoY growth in Profit After Tax (PAT) for the nine-month period, reaching ₹86.5 crore, and a 39% YoY PAT growth for Q3 FY26, reaching ₹25.0 crore. The company is on track to achieve its FY26 steel volume target of over 1.0 million tonnes.
EBITDA margins showed improvement, with Q3 FY26 at 3.30% and 9M FY26 at 3.28%, reflecting better working capital management and controlled finance costs. The company highlighted its asset-light balance sheet and a superior Return on Capital Employed (RoCE) of 37% for 9MFY26 post its demerger. The investor presentation also detailed the company's diversified product profile, extensive store footprint across South India, and its strategy to build both steel and non-steel businesses for continued growth.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Shankara Buildpro Limited. Read the original for the full detail.