loader2
Partner With Us NRI

Shankara Building Products Ltd share Price Today

Company details

665.50
680.35
626.00
920.00
6M Return -6.28%
1Y Return -4.06%
Mkt Cap.(Cr) 1,625.53
Volume 32,154
Div Yield 0.44%
OI
-
OI Chg %
-
Volume 32,154

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Iron & Steel Products company Shankara Building Products announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations grew by 14% YoY to Rs 1,377 crore
  • EBITDA grew by 24% YoY to Rs 45 crore; EBITDA margin at 3.3%
  • PAT grew by 27% YoY to Rs 24 crore
  • Earnings per share stood at Rs 10.0, up by 19% YoY

FY24 Financial Highlights:

  • Highest-ever annual revenues at Rs 4,828 crore, grew by 20% YoY
    • Steel Volume grew by 27% YoY
    • Non-Steel Revenues grew by 30% YoY
  • Retail Revenue grew by 14% YoY; average ticket size at Rs 51,959 ( 17% YoY)
  • EBITDA grew by 25% YoY to Rs 156 crore; EBITDA margin expanded by 12 bps to 3.2%
  • Record PAT during the year at Rs 81 crore, up by 29% YoY
  • Earnings per share stood at Rs 34.7, up by 26% YoY
  • Working capital days continues to be around 30 days
  • Net Debt levels reduced to Rs 49 crore, from Rs 71 crore in the previous year
  • RoCE improved to 18%, compared to 15% in the previous year

Commenting on the performance, Sukumar Srinivas, Managing Director, Shankara Building Products Ltd said: “FY24 marks a successful year for Shankara, showcasing the resilience of our business model. Amidst one of the most challenging periods for the building materials sector, I’m delighted to announce that we have achieved our highest-ever annual revenue and profits. Notably, our steel volume experienced a 27% growth, while the non-steel vertical saw a 30% growth, driven by market share gains across all subsegments. Our commitment to profitable growth has resulted in even stronger profit growth compared to our revenue, with an enhanced mix towards value-added steel and non-steel offerings. Fotia, in particular, has demonstrated exceptional progress with a 50% growth. Our efforts to diversify beyond South India have yielded fruitful results, with Western India contributing 11% to our revenue during the fiscal year. In line with our strategic objectives, we are in the process of demerging our building materials marketplace, a move aimed at streamlining our business structure and facilitate a focused capital allocation strategy under our new generation management. With a resilient foundation and strategic initiatives in place, we are poised for sustained growth in the coming years."

Result PDF

View Other Company Results

Shankara Building Products Ltd shares SWOT Analysis

Strengths (12)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (3)

  • Promoter holding decreased by more than -2% QoQ
  • MFs decreased their shareholding last quarter
  • Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunity (0)

Data not found

Threats (2)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income

Resistance and support

R1 678.6
R2 686.9
R3 693.5
Pivot

672.07

S1 663.8
S2 657.2
S3 648.9
EMA SMA
674.4
684.1
699.1
710.5
667.0
674.6
710.6
731.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-12-19 767.02 182069 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-12-19 767.62 182069 NSE
DEEPAK KUMAR Bulk Purchase 2022-12-09 729.03 147500 NSE
Name Category Shares
SUKUMAR SRINIVAS PROMOTER 47.79%
SHANKARA HOLDINGS PRIVATE LIMITED PROMOTER 0.69%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Shankara Building Products Ltd Stocks COMPARISON

Financials( in Cr) Shankara Building Products Ltd Avenue Supermarts Ltd Trent Ltd Aditya Birla Fashion & Retail Ltd Vedant Fashions Ltd
Price 670.35 4,474.45 4,615.90 285.75 1,016.15
% Change -0.97 -1.39 -1.41 -0.12 -1.99
Mcap Cr 1,625.53 291,167.23 164,090.63 29,003.91 24,679.24
Revenue TTM Cr 4,029.72 42,839.56 12,375.11 12,417.90 1,354.93
Net Profit TTM Cr 63.05 2,378.34 1,477.46 -59.47 429.11
PE TTM 20.01 114.69 179.47 0.00 59.53
1 Year Return -4.06 27.72 200.14 44.98 -19.84
ROCE 15.30 20.14 23.52 0.00 36.34
ROE 10.52 15.99 27.16 0.00 34.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 616.86 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,096.78 -22,281.88
LAST 3M 109,317.46 -33,313.91
LAST 6M 173,877.04 36,325.60
LAST 12M 271,641.54 124,224.97
Shankara Building Products Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 28, 2024 l NSE Announcement

Shankara Building Products Limited - Copy of Newspaper Publication

May 22, 2024 l NSE Announcement

Shankara Building Products AGM scheduled

May 22, 2024 l BSE Announcement

Date Action Type Ratio
Jun 14, 2023 Dividend 25
Jul 13, 2022 Dividend 10

Shankara Building Products Ltd Information

Stock PE (TTM)
20.01
Promoter Holding
49.22%
Book Value
328.9037
ROCE
15.3%
ROE
10.52%
Description
  • Shankara Building Products Limited is one of the leading organised retailers of home improvement and building products in India, operating under the brand name Shankara BuildPro. As on March 31, 2017, the company operated 106 Shankara BuildPro stores spread across 9 states and 1 union territory in India. The company caters to a large customer base across various end-user segments in urban and semi-urban markets through multi-channel sales approach, processing facilities, supply chain and logistics capabilities. The company serves home owners and professional customers (architects and contractors) through its retail outlets. The company offers a comprehensive range of products at its stores including structural steel, cement, TMT bars, hollow blocks, pipes and tubes, Roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products. The company offers over 70 product categories spanning over 20,000 SKUs. Shankara now serves as a complete one stop shop for home improvement and building products requirements. The company was originally incorporated as Shankara Pipes India Pvt Ltd on October 13, 1995 at Bengaluru, Karnataka, India. Subsequently, The Company was converted to a public limited company on August 28, 2007 in the name of Shankara Pipes India Limited. The name of the company was further changed to Shankara Infrastructure Materials Ltd on March 25, 2011. The change of name of the company from Shankara Pipes India Limited to Shankara Infrastructure Materials Limited was undertaken to replicate its business focus of offering infrastructure materials to its customers. Thereafter, the name of the company was changed to Shankara Building Products Ltd on July 27, 2016. The change of name of the company from Shankara Infrastructure Materials Ltd to Shankara Building Products Ltd was consequent to its shifting focus from offering a range of infrastructure materials to offering to a wider product range of building products to its customers Shankara Building was founded by its Promoter, Sukumar Srinivas, an alumnus of the Indian Institute of Management, Ahmedabad, and a first generation entrepreneur, currently having 33 years of experience in the building products industry. During the financial year ended 31 March 2002, the company received ISO 9001: 2008 certification from NQA. During the financial year ended 31 March 2003, the company opened an integrated warehousing facility of 55,000 sq. ft. at Veerasandra, Bengaluru. During the financial year ended 31 March 2003, the company achieved turnover of Rs 100 crore. During the financial year ended 31 March 2006, the company commenced retail operations by opening the first retail store in Bengaluru. During the financial year ended 31 March 2007, the company commenced retail operations in Gujarat and Goa. During the financial year ended 31 March 2008, the company commenced retail operations in Odisha. During the financial year ended 31 March 2009, the company achieved turnover of Rs 100 crore in the retail segment. During the financial year ended 31 March 2010, the company acquired the precision tube processing unit in Bengaluru through acquisition of Vishal Precision Steel Tubes and Strips Private Limited (VPSPL). During the financial year ended 31 March 2011, the company raised private equity investment of Rs 80 crore. During the year under review, the company constructed a processing facility in Hyderabad. During the financial year ended 31 March 2011, the company achieved turnover of more than Rs 1000 crore. During the financial year ended 31 March 2013, the company acquired a roofing products company Centurywells Roofing India Private Limited (CRIPL). During the year under review, the company commenced retail operations in Puducherry. During the financial year ended 31 March 2015, the company launched own private label brands - Taurus, Prince Galva Plus and Loha. During the financial year ended 31 March 2015, the company crossed turnover of Rs 600 crore in the retail segment, accounting for 31% of overall revenue of the company. During the year under review, the company added new product category of water tanks. During the financial year ended 31 March 2016, the company achieved turnover of more than Rs 2000 crore. During the year under review, the company added new products categories viz. cement, tiles, scaffolding and solar product. During the financial year ended 31 March 2016, the company crossed turnover of Rs 800 crore in the retail segment, accounting for 39.68% of overall revenues of the company. During the year under review, the company commenced operations at the 100th retail store. The company came out with an initial public offer (IPO) during the period from 22 to 24 March 2017. The IPO was a combination of fresh issue of Rs 45 crore and Offer for Sale of 65.22 lakh shares by the selling shareholders. The IPO was oversubscribed 40.8x (net of anchor allocation) and received over 1 million applications. The stock debuted at Rs 545 on BSE on 5 April 2017, a premium of 18.47% compared with the IPO price of Rs 460 per share.

Registered Address

G-2 Farah Winsford, No 133 Infantry Road, Bengaluru, Karnataka, 560001

Tel : 91-80-40117777
Email : cs:shankarabuildpro.com
Website : http://www.shankarabuildpro.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540425
NSE Code : SHANKARA
Book Closure Date (Month) : Jun
BSE Group : B
ISIN : INE274V01019

FAQ’s on Shankara Building Products Ltd Shares

You can buy Shankara Building Products Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shankara Building Products Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 28, 2024 03:47 PM the closing price of Shankara Building Products Ltd was Rs.670.35.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 28, 2024 03:47 PM, the market cap of Shankara Building Products Ltd stood at Rs. 1,625.53.

The latest PE ratio of Shankara Building Products Ltd as of May 28, 2024 03:47 PM is 20.01

The latest PB ratio of Shankara Building Products Ltd as of May 28, 2024 03:47 PM is 0.49

The 52-week high of Shankara Building Products Ltd share price is Rs. 920.00 while the 52-week low is Rs. 626.00

Download App

Download Our App

Play Store App Store
market app