InvestorQ : How were the quarterly numbers of Shankara Building Products for Mar-22 quarter?
Anu Biswas made post

How were the quarterly numbers of Shankara Building Products for Mar-22 quarter?

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Ria Jain answered.
2 months ago
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Shankara Building Products reported 21.8% higher sales for the Q4FY22 quarter Rs782.23 crore on a yoy basis. FY22 full year revenues were up 18.6% at Rs2,418 crore. The company witnessed improved retail revenues despite reduced number of stores. Same store sales were up 29% on yoy basis for the full year. Smart working capital management also resulted in strong operating cash flows at Rs70 crore.

Shankara Building

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 782.23

₹ 642.25

21.80%

₹ 584.95

33.73%

Net Profit (Rs cr)

₹ 15.57

₹ 11.07

40.65%

₹ 3.52

342.33%

Diluted EPS (Rs)

₹ 6.81

₹ 4.85

₹ 1.54

Net Margins

1.99%

1.72%

0.60%

  

Net profit for Q4FY22 was up 40.65% at Rs15.57 crore, largely assisted by a 26% reduction in interest costs in the quarter. EBITDA margins fell from 4.4% to 4.0% yoy on higher top line base. This was offset by the sharp fall in interest costs. Net margins were 1.99% in Q4FY22 quarter compared to 1.72% in Q4FY21 and just 0.60% in Q3FY22. For full year FY22, the retail segment EBITDA margins improved 60 bps from 5.7% to 6.3%.

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