Shankara Buildpro
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Shankara Buildpro appointed Dhananjay Mirlay Srinivas as managing director with effect from 1 November 2026 for a period of five years, subject to shareholder approval. The appointment followed the death of founder and managing director Sukumar Srinivas on 30 October 2026. Dhananjay Srinivas had served as a whole-time director since the company's inception in October 2023 and had joined the group in a senior managerial role in January 2020. The company reported revenue of ₹6,826 crore in the year to March, with steel products accounting for about 91% of sales. It operated 98 stores and 34 fulfilment centres with same-store sales growth of 21% in the June quarter.
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Shankara Buildpro appointed Dhananjay Mirlay Srinivas as managing director with effect from 1 November 2026 for a period of five years, subject to shareholder approval. The appointment followed the death of founder and managing director Sukumar Srinivas on 30 October 2026. Dhananjay Srinivas had served as a whole-time director since the company's inception in October 2023 and had joined the group in a senior managerial role in January 2020. The company reported revenue of ₹6,826 crore in the year to March, with steel products accounting for about 91% of sales. It operated 98 stores and 34 fulfilment centres with same-store sales growth of 21% in the June quarter.
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Shankara Buildpro said its founder and managing director, Sukumar Srinivas, died on Friday, October 30, 2026. The board expressed condolences and recorded appreciation for his contribution to the company's growth, while noting that he ceased to be classified as a promoter following his death. The company reported revenue of about Rs6,826 crore in the year to March, with steel products accounting for roughly 91% of sales and non-steel products the remainder. It operated 98 stores and 34 fulfilment centres with same-store sales growth of 21% in the June quarter. CRISIL had upgraded its long-term bank facilities rating to A with a stable outlook earlier in October.
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Shankara Buildpro said its founder and managing director, Sukumar Srinivas, died on Friday, October 30, 2026. The board expressed condolences and recorded appreciation for his contribution to the company's growth, while noting that he ceased to be classified as a promoter following his death. The company reported revenue of about Rs6,826 crore in the year to March, with steel products accounting for roughly 91% of sales and non-steel products the remainder. It operated 98 stores and 34 fulfilment centres with same-store sales growth of 21% in the June quarter. CRISIL had upgraded its long-term bank facilities rating to A with a stable outlook earlier in October.
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Aug 6 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
SHANKARA BUILDPRO JUNE-QUARTER CONSOL TOTAL NET PROFIT 356.1 MILLION RUPEES
SHANKARA BUILDPRO JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 18.9 BILLION RUPEES
SHANKARA BUILDPRO LTD - APPROVES PROPOSAL TO SPLIT EACH SHARE INTO 5 SHARES
Source text: ID:nBSE1lQYZL
Further company coverage: SNKR.NS
(([email protected];))
Aug 6 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
SHANKARA BUILDPRO JUNE-QUARTER CONSOL TOTAL NET PROFIT 356.1 MILLION RUPEES
SHANKARA BUILDPRO JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 18.9 BILLION RUPEES
SHANKARA BUILDPRO LTD - APPROVES PROPOSAL TO SPLIT EACH SHARE INTO 5 SHARES
Source text: ID:nBSE1lQYZL
Further company coverage: SNKR.NS
(([email protected];))
May 19 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
MARCH-QUARTER CONSOL NET PROFIT 413.6 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 19.96 BILLION RUPEES
Source text: [ID:]
Further company coverage: SNKR.NS
(([email protected];))
May 19 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
MARCH-QUARTER CONSOL NET PROFIT 413.6 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 19.96 BILLION RUPEES
Source text: [ID:]
Further company coverage: SNKR.NS
(([email protected];))
Feb 11 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
SHANKARA BUILDPRO DEC-QUARTER CONSOL NET PROFIT 249.5 MILLION RUPEES
SHANKARA BUILDPRO DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 16.66 BILLION RUPEES
Source text: [ID:]
Further company coverage: SNKR.NS
(([email protected];))
Feb 11 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
SHANKARA BUILDPRO DEC-QUARTER CONSOL NET PROFIT 249.5 MILLION RUPEES
SHANKARA BUILDPRO DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 16.66 BILLION RUPEES
Source text: [ID:]
Further company coverage: SNKR.NS
(([email protected];))
Corrects Jan 29 brief to say September quarter, not December quarter throughout
Jan 29 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
SEPT-QUARTER CONSOL PROFIT 293.9 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 15.95 BILLION RUPEES
Further company coverage: SNKR.NS
(([email protected];))
Corrects Jan 29 brief to say September quarter, not December quarter throughout
Jan 29 (Reuters) - Shankara Buildpro Ltd SNKR.NS:
SEPT-QUARTER CONSOL PROFIT 293.9 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 15.95 BILLION RUPEES
Further company coverage: SNKR.NS
(([email protected];))
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What does Shankara Buildpro do?
Shankara Buildpro Ltd is a leading Indian omni-channel retailer of home improvement and building materials under the Shankara BuildPro brand. It operates stores and fulfillment centers nationwide, offering 30,000+ products for construction, plumbing, electrical, interiors and more, serving homeowners and professionals via retail outlets and online.
Who are the competitors of Shankara Buildpro?
Shankara Buildpro major competitors are Vaibhav Global, Baazar Style Retail, Go Fashion (India), Sai Silks (Kalaman), AceVector, Patel Retail, HP Telecom India. Market Cap of Shankara Buildpro is ₹2,128 Crs. While the median market cap of its peers are ₹995 Crs.
Is Shankara Buildpro financially stable compared to its competitors?
Shankara Buildpro seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Shankara Buildpro pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Shankara Buildpro latest dividend payout ratio is 9.49% and 3yr average dividend payout ratio is 9.49%
How has Shankara Buildpro allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Shankara Buildpro balance sheet?
Balance sheet of Shankara Buildpro is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Shankara Buildpro improving?
Yes, profit is increasing. The profit of Shankara Buildpro is ₹132 Crs for TTM, ₹128 Crs for Mar 2026 and ₹78.16 Crs for Mar 2025.
Is the debt of Shankara Buildpro increasing or decreasing?
The net debt of Shankara Buildpro is decreasing. Latest net debt of Shankara Buildpro is -₹67.1 Crs as of Mar-26. This is less than Mar-25 when it was ₹9.37 Crs.
Is Shankara Buildpro stock expensive?
Shankara Buildpro is not expensive. Latest PE of Shankara Buildpro is 16.21, while 3 year average PE is 25.35. Also latest EV/EBITDA of Shankara Buildpro is 9.03 while 3yr average is 13.4.
Has the share price of Shankara Buildpro grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Shankara Buildpro?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Shankara Buildpro is 40.18% and last quarter promoter holding is 40.18%.
Are mutual funds buying/selling Shankara Buildpro?
The mutual fund holding of Shankara Buildpro is stable. The current mutual fund holding in Shankara Buildpro is 4.66% while previous quarter holding is 4.66%.