Shankara Building Products Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Shankara Building Products Ltd reported a 8.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 21.9%.
- Its expenses for the quarter were up by 7.9% QoQ and 22.8% YoY.
- The net profit increased 16.3% QoQ and decreased 17.4% YoY.
- The earnings per share (EPS) of Shankara Building Products Ltd stood at 7.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1437.79 | 1330.40 | 1179.06 | 8.1% | 21.9% |
Total Expenses | 1413.28 | 1310.00 | 1150.77 | 7.9% | 22.8% |
Profit Before Tax | 24.51 | 20.40 | 28.29 | 20.1% | -13.4% |
Tax | 6.82 | 5.19 | 6.87 | 31.4% | -0.7% |
Profit After Tax | 17.69 | 15.21 | 21.42 | 16.3% | -17.4% |
Earnings Per Share | 7.30 | 6.30 | 9.10 | 15.9% | -19.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shankara Building Products Ltd is a prominent player in the building materials industry, known for its comprehensive range of products catering to the construction and infrastructure sectors. The company provides a variety of building materials, including steel, TMT bars, cement, and roofing solutions, among others. Shankara Building Products also operates retail outlets that supply these materials directly to consumers, contractors, and builders, helping facilitate the procurement process for customers across India. The company has been actively expanding its reach and product offerings to meet the increasing demand for building materials in the rapidly growing Indian construction market. Recent developments or specific initiatives undertaken by the company in the past quarter are not detailed here, as no additional contextual information is available beyond the provided financial data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Shankara Building Products Ltd reported a total income of ₹1,437.79 crores. This represents an 8.1% increase from the previous quarter (Q2FY25), where the total income stood at ₹1,330.40 crores. On a year-over-year basis, the company's revenue has seen a significant growth of 21.9%, rising from ₹1,179.06 crores in Q3FY24. The upward trajectory in revenue indicates a robust performance in terms of sales and income generation over the recent quarters. The consistent improvement in revenue figures across both quarterly and annual comparisons reflects the company's capacity to scale its operations and increase its market presence effectively.
Profitability
The profitability metrics for Shankara Building Products Ltd in Q3FY25 reveal some interesting dynamics. The company achieved a Profit Before Tax (PBT) of ₹24.51 crores, reflecting a 20.1% increase from the preceding quarter's PBT of ₹20.40 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is a decrease of 13.4% from a PBT of ₹28.29 crores. The tax expense for the quarter was ₹6.82 crores, up 31.4% from Q2FY25, but nearly unchanged from Q3FY24. The Profit After Tax (PAT) stood at ₹17.69 crores, marking a 16.3% increase from the last quarter's ₹15.21 crores, yet a 17.4% decrease compared to ₹21.42 crores recorded in Q3FY24. Earnings Per Share (EPS) for Q3FY25 was ₹7.30, showing a quarter-over-quarter growth of 15.9% from ₹6.30 in Q2FY25, but a year-over-year decline of 19.8% from ₹9.10 in Q3FY24. These figures underscore a mix of growth and contraction in different profitability measures over the periods reviewed.
Operating Metrics
The operational efficiency of Shankara Building Products Ltd is reflected in its expense management and earnings performance. Total expenses for Q3FY25 amounted to ₹1,413.28 crores, which is a 7.9% increase from the previous quarter's expenses of ₹1,310.00 crores and a 22.8% rise from Q3FY24’s ₹1,150.77 crores. The steady climb in expenses aligns with the revenue growth, indicating scalable operations but also suggests an increase in operational costs. The company's ability to maintain or enhance its operational efficiency is critical, as evidenced by the adjusted margins between income and expenses. However, specific key financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio cannot be calculated with the given data alone. The observed trends in the operating metrics highlight the ongoing efforts and challenges in balancing growth with cost management.
