Shankara BLDG Product Ltd
NSE: SHANKARA · Speciality Retail · sector
₹111.96NSE close 2026-10-26
Key numbers
Market cap₹272 cr
Price₹111.96
52w high / low₹152 / ₹98
P/E54.6xSector median 31.1x
P/B0.6xSector median 4.8x
Book value₹184.5
Dividend yield2.68%Sector median 1.48%
ROE0.8%Sector median 12.5%
ROCE3.8%Sector median 20.8%
OPM1.7%Sector median 11.0%
Debt / equity0.43xSector median 0.16x
EV/EBITDA19.5xSector median 11.2x
Interest cover1.6x
Current ratio1.47x
Sales growth 3y-30.3%Sector median +8.0%
Profit growth 3y-60.7%Sector median -3.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 24 companies in Speciality Retail (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹8 cr vs borrowings ₹192 cr (FY26): borrowings are higher by ₹184 cr.
- Borrowings rose in each of the last 3 years (₹83 cr → ₹192 cr).
- Operating profit covered interest 1.6x in the last 12 months.
- Promoter holding rose by 9.34 percentage points in a year, to 49.52% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY24).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 192% of net profit in the last 12 months.
- Debtor days went from 52 (FY24) to 25 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹111.96 on 2026-10-26: -26.3% from the 52-week high, +14.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,157.80 · low ₹100.97
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,329 | 1,437 | 1,639 | 1,644 | 280 | 420 | 340 | 350 |
| EBITDA | 37 | 40 | 51 | 59 | -1 | 5 | 13 | 6 |
| OPM % | 2.8% | 2.8% | 3.1% | 3.6% | -0.2% | 1.1% | 3.9% | 1.7% |
| Other income | 1 | 1 | 1 | 0 | 0 | 3 | 3 | 3 |
| Net profit | 15 | 18 | 28 | 32 | -5 | 1 | 7 | 2 |
| EPS (₹) | 6.27 | 7.29 | 11.73 | 13.36 | -2.13 | 0.51 | 3.03 | 0.64 |
| Revenue YoY | -78.9% | -70.7% | -79.2% | -78.7% | ||||
| Profit YoY | -134.0% | -93.0% | -74.2% | -95.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,418 | 4,030 | 4,828 | 5,697 | 1,364 | 1,391 |
| EBITDA | 85 | 117 | 151 | 169 | 23 | 23 |
| Net profit | 34 | 63 | 81 | 77 | 4 | 5 |
| EPS (₹) | 15.02 | 27.59 | 34.67 | 31.92 | 1.58 | 2.05 |
| Revenue growth | +66.6% | +19.8% | +18.0% | -76.1% | -77.0% | |
| Profit growth | +84.1% | +28.4% | -4.6% | -95.0% | -94.7% | |
| Dividend / share (₹) | – | 1.00 | 2.50 | 3.00 | 3.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -30.3% | -7.7% | -77.0% |
| Net profit | -60.7% | -23.0% | -94.7% |
| EPS | -61.5% | -23.6% | – |
| Share price | – | -2.6% (2y) | -16.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 643 | 798 | 868 | 447 |
| Borrowings | – | 83 | 83 | 102 | 192 |
| Cash & equivalents | – | 12 | 34 | 30 | 8 |
| Total assets | – | 1,292 | 1,586 | 1,802 | 757 |
| Fixed assets | – | 253 | 268 | 273 | 91 |
| Capital work in progress | – | 2 | 0 | 2 | 23 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 511 | 686 | 797 | 94 |
| Inventory | – | 425 | 485 | 578 | 249 |
| Payables | – | 520 | 650 | 788 | 95 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 70 | 92 | 10 | 64 | -101 |
| Cash from investing | -18 | -45 | -27 | -26 | -63 |
| Cash from financing | -60 | -43 | 40 | -42 | 164 |
| Capex | 20 | 45 | 32 | 27 | 65 |
| Free cash flow | 50 | 47 | -22 | 36 | -166 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.8% | 10.2% | 8.9% | 0.9% |
| ROCE % | – | 15.0% | 15.9% | 16.0% | 3.4% |
| Debtor days | – | 46 | 52 | 51 | 25 |
| Inventory days | – | 41 | 39 | 39 | 70 |
| Payable days | – | 50 | 52 | 53 | 27 |
| Cash conversion cycle (days) | – | 37 | 39 | 37 | 68 |
| Working capital days | – | 35 | 38 | 36 | 37 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 49.52% |
| FIIs | 2.88% |
| DIIs | 23.26% |
| of which Mutual funds | 1.42% |
| Public (non-institutions) | 24.34% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 49.25% | 49.25% | 40.18% | 40.18% | 40.18% | 44.45% | 45.39% | 49.52% |
| Promoter group | % |
|---|---|
| Sukumar Srinivas | 38.72% |
| The Ballygunge Family Trust | 9.35% |
| Shankara Holdings Private Limited | 0.71% |
| Parwathi Srikanth Mirlay | 0.41% |
| Dhananjay Mirlay Srinivas | 0.33% |
| Public holders above 1% | % |
|---|---|
| Rajasthan Global Securities Private Limited | 19.21% |
| Singularity Equity Fund I | 1.90% |
| Unifi Mutual Fund - Unifi Dynamic Asset Allocation | 1.42% |
| Alliance Interiors (India) | 1.32% |
| Arjuna Fund PTE. Ltd. | 1.30% |
| Manoj DUA | 1.29% |
22,659 shareholders. Pledged: – of promoter shares.
Peers in Speciality Retail
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TRENT | ₹1,46,843 cr | 81.2x | 21.0x | 29.1% | 34.1% | 18.8% | +34.5% | 0.12% |
| LENSKART | ₹1,13,227 cr | 170.0x | 12.9x | 7.5% | 12.0% | 20.8% | – | – |
| MANYAVAR | ₹11,699 cr | 30.3x | 6.0x | 20.6% | 28.7% | 43.9% | +2.7% | 1.66% |
| ABLBL | ₹8,505 cr | 48.1x | 6.0x | 12.5% | 26.4% | 15.6% | – | – |
| AVL | ₹7,230 cr | 52.0x | 10.5x | 21.9% | 22.4% | 8.9% | – | 0.18% |
| V2RETAIL | ₹5,884 cr | 31.9x | 6.5x | 28.6% | 28.7% | 15.6% | +54.0% | – |
| ABFRL | ₹4,831 cr | – | 0.8x | -12.3% | -5.8% | 7.6% | -13.0% | – |
| ARVINDFASN | ₹4,797 cr | 40.1x | 5.1x | 12.6% | 29.9% | 13.0% | +6.0% | 1.49% |
| SSRETAIL | ₹4,336 cr | – | – | – | – | – | – | – |
| SHANKARA | ₹272 cr | 54.6x | 0.6x | 0.8% | 3.8% | 1.7% | -30.3% | 2.68% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-09-24 | Restructuring | Demerger |
| 2025-06-17 | Dividend | Dividend - Rs 3 Per Share |
| 2024-06-13 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2023-06-14 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2022-07-13 | Dividend | Annual General Meeting/Dividend - Rs 1 Per Share |
| 2021-07-23 | Other | Annual General Meeting |
| 2020-07-17 | Other | Annual General Meeting |
| 2020-03-23 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2019-06-20 | Dividend | Annual General Meeting/Dividend - Rs 1.5 Per Share |
| 2018-06-07 | Dividend | Annual General Meeting/Dividend- Rs 3.25 Per Share |
| 2017-07-17 | Dividend | Annual General Meeting/Dividend - Rs 2.75 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Speciality Retail |
| Sub-industry | Speciality Retail |
| Symbol | SHANKARA |
| BSE code | 540425 |
| ISIN | INE274V01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.