Shankara Buildpro Reports Strong Q4 and FY26 Results for Building Materials Market

Shankara Buildpro Reports Strong Q4 and FY26 Results for Building Materials Market​

Bengaluru, India, May 19, 2026: Shankara Buildpro Limited, a leading pure-play building materials and home improvement marketplace, announced its financial results for the fourth quarter and the full fiscal year ending March 31, 2026.

The company reported strong performance for the fiscal year 2026, driven by significant growth in its steel product segment.

Financial Performance Highlights​

The financial results for the quarter and full year ended March 31, 2026, are detailed below:

Management Commentary and Operational Milestones​

Commenting on the performance, Mr. Sukumar Srinivas, Managing Director, Shankara Buildpro Limited, stated that FY26 represented a milestone year, with the Company achieving record performance across both operational and financial parameters.

Revenue from Operations grew 30% year over year to ₹6,826 crore, while the EBITDA margin expanded meaningfully, and Profit After Tax grew 64% year over year.

The MD attributed this growth primarily to the core steel product segment, noting that the company surpassed its target of 1 million tonne. Total steel volume for FY26 stood at 10.2 lakh tonne, marking a 32% increase from 7.7 lakh tonne recorded in FY25. The management sees this volume as a significant operational milestone, underlining the effectiveness of its marketplace strategy, portfolio expansion, and deepening distribution across new geographies. Buildpro is currently targeting approximately 1.2 million tonne of steel volume in FY27.

Outlook and Sector Performance​

While the steel side of the industry remains encouraging, management noted that FY26 was a year of consolidation for the non-steel business due to macro headwinds affecting building materials demand.

Looking ahead to FY27, Shankara Buildpro expects a resurgence in growth across its non-steel product categories. Specifically, the company anticipates continued growth in Plumbing, Fittings, and Sanitaryware, and is hopeful for a reversal in the Tiles category as the industry stabilizes following challenges related to gas availability.

All things considered, the company maintains a strong growth outlook for FY27, supported by sustained performance in steel and the anticipated recovery across non-steel product categories.

About Shankara Buildpro Limited​

Shankara Buildpro is positioned as one of India's premier building materials marketplaces, offering a comprehensive solution for various construction and building material requirements. The company is also noted as India's largest steel tube and pipe distributor and retailer. Buildpro maintains a significant operational footprint, which includes 130 operational stores and fulfillment centers, alongside a retail presence covering more than 5.4 lakh sq.ft. The company currently caters to over 50,000 customers across various segments.

BUILDPRO Stock Price Movement​

Today, Shankara Buildpro Limited shares slipped by 4.38% to close at ₹1125.9. The stock traded on 323,381 shares, settling well below its intraday range which spanned from a low of ₹1105.6 to a high of ₹1218.2.