1. At a Glance
Shankara just dropped a Q1 FY26 revenue bomb of ₹1,644 Cr (+27% YoY) and a PAT of ₹32 Cr (+102% YoY). Add a 35% volume growth and an upcoming demerger, and this retailer is suddenly looking like the cool kid in the construction yard.
2. Introduction
Think of Shankara as the Home Depot of India – except with better margins than last year and stores that actually make money. After trimming loss-making outlets and switching to hybrid formats, the company’s topline is now strutting down the runway with a hard hat.
3. Business Model – WTF Do They Even Do?
- Retail (52% of revenue): 92 stores, 32 fulfillment centers, 10 states.
- Steel & Other Building Products: From roofing to plumbing, if it holds your house together, they sell it.
- Hybrid Stores: Converting
