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Trades about 58% above its sector, the market expects faster growth.
Shankara Building Products Limited stands as a leading Indian retailer specializing in construction materials and home improvement goods. The company operates through three core segments: Retail, Channel, and Enterprise. Its extensive product range includes essential building components like structural steel, cement, TMT bars, hollow blocks, and various pipes and tubes. Offerings further encompass roofing solutions, welding accessories, primers, solar heating systems, plumbing fixtures, tiles, sanitary ware, water tanks, plywood, and kitchen sinks, alongside lighting, flooring, electrical goods, interior and exterior finishing materials, irrigation equipment, and other related items. Beyond its retail operations, Shankara is involved in processing roofing sheets, steel pipes and tubes, cold rolled strips, and color-coated roofing sheets, and also functions as a general hardware supplier and wholesale merchant. Its diverse clientele spans individual homeowners, professional customers, small enterprises, direct end-users, contractors, Original Equipment Manufacturers (OEMs), and other dealers and retailers. As of June 10, 2022, the company managed 91 retail outlets under its "Shankara Buildpro" brand. Founded in 1995, the company was initially known as Shankara Infrastructure Materials Limited, adopting its current name in July 2006. Its corporate headquarters are situated in Bengaluru, India.
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