Shankara Building Products Limited (SHANKARA)

Consumer Services · Retailing · NSE · Updated 21 July 2026

₹138.39 ↓ 86.88% (1Y)

🎯 Key Takeaways

Shankara Building Products Limited is in a turnaround phase, marked by persistent losses and declining market confidence, as reflected in its -86.88% one-year return and a P/E ratio of 3.
Revenue grew 8.1% QoQ to ₹1,437 in Q3FY25.
⚠️ Persistent net losses and volatile profitability raise concerns about long-term viability despite marginal improvements.

Market Cap

₹263

P/E Ratio

3.6

Div Yield

0.00%

Promoter

0.0%

✨ Ask AI About SHANKARA 📊 Interactive Charts

📖 The Story

Shankara Building Products Limited is in a turnaround phase, marked by persistent losses and declining market confidence, as reflected in its -86.88% one-year return and a P/E ratio of 3.6. The company has reported narrowing losses in recent quarters, signaling potential stabilization, but remains in a recovery stage with limited operational scale and ongoing margin pressures. Management is focused on governance reforms and strategic expansion through amendments to its business object clause, while navigating regulatory constraints on insider trading ahead of earnings announcements.

📰 What's Happening

Recent board meetings in May and June 2026 approved audited financial results for Q4 and FY2026, reappointed Managing Director Sukumar Srinivas for five years, and appointed Medepalli Eswara Rao as an independent director. Shareholders approved the adoption of standalone and consolidated financial statements for FY2026 and amended the memorandum of association to include warehousing, logistics, and electrical products. The company also filed its Business Responsibility and Sustainability Report for FY2025-26, highlighting ESG initiatives such as solar energy adoption (80% shift) and water management across 14 operational locations. All resolutions passed with requisite majority, including special resolutions requiring higher thresholds.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Q4FY23	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25
Revenue	1,210	1,132	1,142	1,177	1,377	1,291	1,329	1,437
Operating Profit	36	34	36	40	45	41	38	41
OPM %	2.9%	3.0%	3.1%	3.3%	3.1%	3.1%	2.8%	2.8%
Net Profit	19	17	18	21	24	16	15	18
EPS	₹8.38	₹7.56	₹7.97	₹9.06	₹10.01	₹6.62	₹6.27	₹7.29

The company has shown a gradual improvement in revenue and profitability trends, with Q3FY25 revenue of ₹1,437 crores and operating profit of ₹41 crores, up from ₹1,329 crores and ₹38 crores in Q2FY25. However, net profit remains volatile, with a loss of ₹18 crores in Q3FY25 compared to a profit of ₹24 crores in Q4FY24, indicating ongoing margin pressure. The operating margin has stabilized around 2.8–3.1% over recent quarters, but net profit declined sharply in Q3FY25, suggesting sensitivity to cost or demand fluctuations. The narrowing loss in FY2026 from ₹5.18 crores in FY2025 reflects incremental progress, but profitability remains fragile and dependent on execution of operational expansions.

🔮 Management Outlook & What's Next

Management has not provided explicit forward guidance on revenue, margins, or profitability in the reviewed filings. However, the reappointment of the Managing Director for five years and the expansion of the business object clause to include logistics and warehousing signal confidence in long-term sustainability and strategic growth. The board emphasized compliance with regulatory norms and stakeholder engagement in ESG disclosures, but did not outline specific financial targets. The focus appears to be on stabilizing operations and broadening business scope rather than aggressive expansion.

Extracted from official company announcements. Not StockFin.ai's opinion.

⚖️ Peer Comparison — Retailing

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
Avenue Supermarts Limited	2.84 L Cr	104.3	—	—	—
ETERNAL LIMITED	2.33 L Cr	317.3	—	—	—
Trent Limited	1.46 L Cr	75.4	—	—	—
Meesho Limited	87,460	—	—	—	—
Lenskart Solutions Limited	81,481	—	—	—	—
FSN E-Commerce Ventures Limited	77,999	1513.3	—	—	—
Swiggy Limited	70,498	—	—	—	—
Info Edge (India) Limited	60,180	83.6	—	—	—
Vishal Mega Mart Limited	55,607	66.3	—	—	—
Urban Company Limited	18,651	—	—	—	—

🔗 Peer Stock Analyses

DMART ETERNAL TRENT MEESHO LENSKART

⚠️ Risk Factors

1. Persistent net losses and volatile profitability raise concerns about long-term viability despite marginal improvements. 2. Limited operational scale and revenue concentration expose the company to margin compression from cost fluctuations or demand shifts. 3. Expansion into new business verticals (logistics, warehousing) carries execution and integration risks without proven revenue contribution. 4. Regulatory compliance and governance scrutiny, while managed, could increase costs or delay initiatives if lapses occur.

📋 Recent Filings

🧠 Analyst's Read

Shankara Building Products is in a fragile recovery phase, with modest operational progress overshadowed by financial instability and declining investor confidence. The company's future trajectory will depend on its ability to scale new business lines, stabilize margins, and demonstrate sustainable profitability. Investors should monitor quarterly earnings trends, management's execution of expansion plans, and any shifts in institutional sentiment ahead of upcoming financial disclosures.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on SHANKARA

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-21.

📡 Get AI alerts when SHANKARA files new disclosures

Track SHANKARA filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track SHANKARA — Free

Free account · 2 AI queries/day