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Shankara Building Products Limited (SHANKARA)

Small Cap

Industrials stocks · Small cap · NSE

Shankara Building Products Limited operates in Steel Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹116.72
-0.96 · -0.82%
Market cap ₹285 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:50 pm IST
Details
Quote21 Oct, 03:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:22 am IST
Score22 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens

Trend score and candlestick chart

35Bearish

SMA20 -15.7% / mo · MACD −

Stock trend: 29
Sector RS: 45
Sector 3M: -7.4% vs Nifty 500 -5.6%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

SHANKARAD candles · FIT view-5.8%
Latest close ₹114.93 on 2026-10-21
Bar
-0.1%
RSI
31
MACD hist
-0.26
52W pos
31%
Visible chart range
Candle interval
2026-10-21O ₹115.06H ₹117.10L ₹114.60C ₹114.93Vol 24,555 sh
₹100.31₹113.85₹127.38₹140.92₹154.4652H₹114.932026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

SHANKARANifty India ManufacturingNifty 500
-19%-9%+1%+11%21 Jul2 Sept21 Oct21 Oct 2026SHANKARA -17.0%Nifty India Manufactu… -7.7%Nifty 500 -6.5%
SHANKARA
-17.0%
Nifty 500
-6.5%
Nifty India Manufacturing
-7.7%
Vs Nifty 500
-10.5 pp
Chart stats
21 Oct 2026
From 52W high
-24.4%
₹152
52W range position
31%
₹98.3 - ₹152
ATR (14)
4.7%
₹5.4
Volume vs 20D
0.35x
Latest completed session
Avg traded value
₹0.9 Cr
20-session average
20D price channel
₹113 - ₹148
48.7% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED
11

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Good
57

Revenue +8.4% · PAT +266.7% YoY

Technical
Bearish
35

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-2270.7%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
51

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Good · 57/100

Rev +8% YoY · PAT +267% YoY · operating leverage · margin compression

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹350.4 Cr+8.4%+2.9%
EBITDA₹6.1 Cr+3.7%-53.6%
Operating margin1.7%-8 bps-213 bps
PAT₹1.5 Cr+266.7%-79.0%
PAT margin0.4%+31 bps-172 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
54.90
P/B
0.64
EV/EBITDA
14.91
Market Cap
285.00Cr

Profitability

ROE
0.71%
ROCE
2.92%
ROA
0.66%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
-8.00%
EPS 5Y
-20.00%
Revenue 3Y
-30.00%
EPS 3Y
-58.00%

Balance Sheet

Debt/Equity
0.43
Interest Coverage
1.50×
Altman Z
3.49
Book Value
185.00

Cash Flow

FCF Yield
—
FCF Positive Y
9/5
OCF
-101.00 Cr
EPS TTM
2.06

Shareholding

Promoter Hold
45.39%
Promoter Pledge
0.00%
Momentum 52W
28%

Financial History

Updated 22/10/2026

Revenue

₹ Cr
Latest: 139+7.8% vs prev
04863Mar 2016: 1,774Mar 2017: 2,248Mar 2018: 2,352Mar 2019: 2,494Mar 2020: 2,329Mar 2021: 4,036Mar 2022: 4,863Mar 2023: 0.0Mar 2024: 129Mar 2025: 139FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Net Profit

₹ Cr
Latest: -5.0-107.1% vs prev
-5.0070.0Mar 2016: 11.0Mar 2017: 19.0Mar 2018: 38.0Mar 2019: 16.0Mar 2020: 27.0Mar 2021: 10.0Mar 2022: 27.0Mar 2023: 57.0Mar 2024: 70.0Mar 2025: -5.0FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Return on Equity

%
Latest: -2.4-120.4% vs prev
-2.4012.4Mar 2016: 4.8%Mar 2017: 6.6%Mar 2018: 12.0%Mar 2019: 4.9%Mar 2020: 8.0%Mar 2021: 2.9%Mar 2022: 7.2%Mar 2023: 12.4%Mar 2024: 11.7%Mar 2025: -2.4%FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 31.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~18.6% over last month) — short-term momentum negative.
  • RSI(14) at 31 — falling, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 24% off 52W high · 17% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & peers

U-Score 11 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies

11U-SCORE
OVERVALUED

Fundamental score breakdown

U band · OVERVALUED
Valuation3/30
Growth0/25
Quality0/20
Balance Sheet8/15
Cash Flow3/10
Piotroski
2/9 (+0)
Penalties
-3
Raw sum
11

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

11/100 · legacy band OVERVALUED

Positive drivers

  • Balance sheet contributes 8/15 to the score.
  • Cash flow contributes 3/10 to the score.
  • Valuation contributes 3/30 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Fair-value margin of safety is negative at -2270.7%.
  • Growth is weaker at 0/25; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
54.9
PB
0.6
EV/EBITDA
14.9
ROE
0.7%
ROCE
2.9%
FCF Yield
—
Debt/Equity
0.4
MoS
-2270.7%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 22 Oct 2026
v4.3-runtime-valuation
Final score
11
Previous: 11
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-2270.7%
Previous: -2270.7%

Score history

12 stored score snapshots. Latest stored move: +0 points.

22 Oct 2026
v4.3-runtime-valuation
11
11
11
11
11
11
11
11
11
11
11
11

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹92.6
-26.0% MoS
Growth-justified P/E
2.4
Growth-justified Value
₹4.92
-2270.7% MoS
PEG
—

Comparable companies

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BUILDPRO
Small
Shankara Buildpro Limited
Building Materials
match 66
79
23.1
25.9%
+90%
DEEP VALUE
EXXARO
Small
Exxaro Tiles Limited
Building Materials
match 61
22
66.0
1.0%
-3978%
OVERVALUED
EUROBOND
Small
Euro Panel Products Limited
Building Materials
match 56
54
13.7
17.6%
+68%
FAIR VALUE
GSLSU
Small
Global Surfaces Limited
Building Materials
match 56
16
—
-10.8%
—
OVERVALUED
WIPL
Small
The Western India Plywoods Limited
Building Materials
match 56
23
63.2
4.5%
-59%
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Shankara Building Products Limited operates in Steel Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
51Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 9th percentile of the scored universe and 7th percentile within Industrials. Main check: financial discipline is weak at 22/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
141 docs text-extracted · 57 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
9th percentile

overall median 67 · Industrials: 7th pctile, median 68 · Small: 10th pctile, median 66

Evidence depth
Financial-only

141 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
82
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
67
acceptable · leverage and solvency
Discipline
22
weak · capital discipline
Results
23
weak · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸Promoter holding increased 5.2%.
  • ▸9 years of positive FCF.
  • ▸OPM spread across recent quarters is 4.1%.

Trust risks

  • ▸Operating cash flow is negative at ₹-101 Cr.
  • ▸3 latest quarters had PAT decline worse than 25% YoY.
  • ▸Interest coverage is 1.5x.
  • ▸ROCE is low at 2.9%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

11 shown
Announcement

Offer Opening Public Announcement & Corrigendum to Detailed Public Statement 4 Sep - Corporate Professionals Capital Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement and Corrigendum to the detailed …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Aug

Source: Bse

Open source ↗
AnnouncementJul 2026

Jul 2026 · Open Offer - Public Announcement 15 Jul - Ballygunge Family Trust launches open offer for 63,04,825 shares at ₹150, announced July 15, 2026.

Source: Bse

Open source ↗
AnnouncementJul 2026

Jul 2026 · Public Announcement (Corrigendum) 20 Jul - Corrigendum to 15 July 2026 open offer for 63,04,825 shares, 26% stake in SBPL.

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Financial Results 31/03/2026 5 May - Board approved FY26 audited results, new independent director, MoA object clause change, and AGM on 18 Jun 2026.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jun - Newspaper Advertisement for transfer of Equity Shares to IEPF

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 29 May

Source: Bse

Open source ↗
Annual report

Reg. 34 (1) Annual Report. 27 May

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.