Shankara Building Products Ltd.
Snapshot View

739.80 +33.95 ▲4.8%

18 May 2022, 04:01:00 PM
Volume: 7,363

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.shankarabuildpro.com
Market Cap 1,690.39 Cr.
Enterprise Value(EV) 1,805.13 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 15.02 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 49.25 Trailing Twelve Months Ending 2022-03
Industry PE 5.20 Trailing Twelve Months Ending 2022-03
Book Value / Share 243.32 Trailing Twelve Months Ending 2022-03
Price to Book Value 3.04 Calculated using Price: 739.80
Dividend Yield 0.14 Period Ending 2021-03
No. of Shares Subscribed 2.28 Cr. 22,849,326 Shares
FaceValue 10
Company Profile

Shankara Building Products was originally incorporated as ‘Shankara Pipes India Private Limited’ on October 13, 1995 at Bengaluru, Karnataka, India as a private limited company under the Companies Act, 1956. Subsequently, the Company was converted to a public limited company and a fresh certificate of incorporation consequent upon conversion to a public limited company was issued by the Registrar of Companies, Bangalore, Karnataka (‘RoC’) on August 28, 2007 in the name of ‘Shankara Pipes India Limited’. The name of Company was subsequently changed to ‘Shankara Infrastructure Materials Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on March 25, 2011. Thereafter, the name of the Company was changed to ‘Shankara Building Products Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on July 27, 2016.

They are one of the leading organised retailers of home improvement and building products in India based on number of stores, operating under the trade name Shankara BuildPro. As on December 31, 2016, they operated 103 Shankara BuildPro stores spread across 9 states and 1 union territory in India. They cater to a large customer base across various end-user segments in urban and semi-urban markets through their multi-channel sales approach, processing facilities, supply chain and logistics capabilities. Their retail operations are strategically suited to benefit from growth in housing demand, large market for home improvement, and increasing customer involvement in home solution decisions which have created a need for organized speciality home improvement and building product stores. Their growth is further driven by their ability to make available an assortment of quality products under a trusted corporate brand built over two decades. Their staff creates awareness about products and applications, and guide customers’ purchase decisions. They also provide delivery and facilitate installation services for select product categories.

Business area of the company

They serve home owners, professional customers (such as architects and contractors), and small enterprises, through their retail stores. Additionally, in the semi urban markets, they also cater to specific agricultural requirements of individual customers and small enterprises. Under retail operations, they offer a comprehensive range of products at their 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. They carry reputed third party brands such as Johnson, Sintex, Uttam Galva, Uttam Value, Futura, APL Apollo, Astral Pipes and Alstone and their own brands such as CenturyRoof, Ganga and Loha at their retail stores.

Major events and milestones

  • 1995: Incorporation of Company.
  • 2002: Received ISO 9001: 2008 certification from NQA.
  • 2003: Opened an integrated warehousing facility of 55,000 sq. ft. at Veerasandra, Bengaluru.
  • 2003: Achieved Rs 1 billion turnover.
  • 2006: Commenced retail operations by opening the first retail store in Bengaluru.
  • 2007: Commenced retail operations in Gujarat and Goa.
  • 2008: Commenced retail operations in Odisha.
  • 2009: Achieved Rs 1 billion turnover in the retail segment.
  • 2010: Acquired the precision tube processing unit in Bengaluru through acquisition of VPSPL.
  • 2011: Raised private equity investment of Rs 800 million.
  • 2011: Constructed a processing facility in Hyderabad.
  • 2011: Achieved Rs 10 billion + turnover.
  • 2013: Acquired a roofing products company–CRIPL.
  • 2013: Commenced retail operations in Puducherry.
  • 2015: Launched own private label brands–Taurus, Prince Galva Plus and Loha.
  • 2015: Crossed Rs 6 billion turnover in the retail segment in Financial Year 2015, accounting for 31.00% of overall revenues of their Company.
  • 2015: Added new product category of water tanks.
  • 2015: Listed among the top 200 best unlisted Indian companies by Business Standard.
  • 2016: Achieved Rs 20 billion + turnover.
  • 2016: Added new products categories–cement, tiles, scaffolding and solar products.
  • 2016: Crossed Rs 8 billion turnover in the retail segment, accounting for 39.68% of overall revenues of their Company.
  • 2016: Commenced operations at the 100th retail store.

Awards and Accreditations

  • 2002: Commendation award for highest sales by Tube Products of India.
  • 2002: Best Performance Award (STP) by Tata Pipes.
  • 2005: ‘Emerging India Award’ in the category ‘Retail & Trade’ by CRISIL, ICICI Bank & CNBC TV.
  • 2005: J N Tata Award as the best Distributor 2004 - 05 by the tubes division of Tata Steel Limited.
  • 2008: Star Retail Distribution Category A for 2007-08 by Tata Pipes.
  • 2010: Certificate of excellence for winning a place in the Platinum Tier by Astral.
  • 2012: ‘Star Performer–Irrigation’ Award by Tata Steel Tubes SBU.
  • 2013: Gold Distributor 2012-13 by Astral.
  • 2015: Star Performer (II) – Karnataka and Andhra Pradesh for ERW Pipes and Tubes by Jindal Pipes Limited and Maharashtra Seamless Limited.
  • 2016: Best Emerging Dealer in Bengaluru 2015-16 by Johnson.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.81%
1 Week
+10.57%
1 Month
-3.58%
3 Month
+4.55%
6 Month
+31.85%
1 Year
+93.01%
2 Year
+200.49%
5 Year
+4.72%
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 17.61 13.26 9.28 14.97 17.27 17.46 7.01 8.08 2.69
Return on Capital Employed (%) 19.21 16.84 15.33 20.89 24.99 24.64 15.25 12.34 7.49
Return on Assets (%) 5.84 4.47 3.22 5.34 6.75 6.85 2.82 3.49 1.32

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 200 233 253 291 390 456 479 507 522 556
Non Curr. Liab. 17 13 17 19 21 18 23 44 60 53
Curr. Liab. 392 429 455 489 532 739 609 624 344 432
Minority Int. 0 0 0 0 0 0
Equity & Liab. 609 676 725 799 942 1,213 1,112 1,175 926 1,041
Non Curr. Assets 147 187 220 248 274 321 277 299 274 274
Curr. Assets 462 489 506 551 668 892 835 875 652 766
Misc. Exp. not W/O
Total Assets 609 676 725 799 942 1,213 1,112 1,175 926 1,041

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 1,767 1,927 1,979 2,036 2,310 2,549 3,173 2,751 2,038 2,418
Other Income 0 1 1 1 1 1 7 5 6 3
Total Income 1,767 1,928 1,980 2,037 2,311 2,549 3,179 2,756 2,045 2,422
Total Expenditure -1,680 -1,839 -1,889 -1,916 -2,159 -2,373 -3,056 -2,642 -1,967 -2,334
PBIDT 87 89 90 120 152 176 124 114 77 88
Interest -35 -42 -47 -46 -51 -46 -57 -44 -33 -24
Depreciation -5 -6 -9 -10 -11 -14 -19 -26 -24 -17
Taxation -16 -13 -12 -24 -31 -42 -16 -4 -6 -12
Exceptional Items
PAT 32 29 23 41 59 74 33 40 14 34
Minority Interest 0 0 0 0 0
Share Associate
Other Related Items
Consolidated Net Profit 32 29 23 41 59 74 33 40 14 34
Adjusted EPS 15 13 10 19 26 32 14 17 6 15

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -44 9 64 80 159 106 40 171 -30 133
Cash Fr. Inv. -51 -33 -40 -40 -38 -37 -74 -48 55 -8
Cash Fr. Finan. 94 23 -26 -40 -122 -69 34 -115 -21 -128
Net Change -1 -1 -1 0 0 0 -1 8 4 -3
Cash & Cash Eqvt 3 2 3 2 2 2 1 9 14 11

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 56.44 56.44 56.44 56.45 56.45 56.45 56.48 56.48 52.10
Public 43.56 43.56 43.56 43.55 43.55 43.55 43.52 43.52 47.90
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 17 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication
Mon, 16 May 2022
Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting
Mon, 16 May 2022
Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended 31St March 2022.
Audited Financial Results (standalone and consolidated) of the Company for the quarter and year ended 31st March 2022.

Technical Scans View Details

Wed, 18 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Close Crossing Last Week High Close Crossing Last Week High
Closing Above Previous High Closing Above Previous High
Making Higher Highs for 3 days Making Higher Highs for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone

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