Shankara Building Products Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Shankara Building Products posts strong Q2 & H1 FY26 results. Consolidated revenue grew 26-27% YoY to INR 1,681 Cr (Q2) & INR 3,325 Cr (H1). Net profit surged 66% (Q2) & 84% (H1). Steel volume hit record 2.52 lakh tons in Q2 (+31% YoY). Non-steel grew 10% despite headwinds. Management is confident on 1M-ton steel target & market leadership. Post-demerger, Marketplace (Buildpro) targets 15-20% revenue growth & >3.5% EBITDA by FY27. Manufacturing aims for 3% EBITDA by FY27 H2 via capacity boosts & INR 10-15 Cr CapEx. Non-steel expansion & 8-9 new centers by FY27 are key.