Shankara Building Products Limited

Published on 18th March 2017
Technology

Shankara Building Products Ltd (SBPL) is one of the leading organized retailers of
home improvement and building products in India. Shankara offers a
comprehensive range of products including cement, structural steel, TMT bars,
hollow blocks, pipes & tubes, roofing solutions, tiles, sanitary ware, water tanks,
plywood, kitchen sinks, lighting and other allied products. Considering the company’s strong retail presence,
diversified product offering, substantial same store sales growth (last five years
average growth is 23%) and robust retail revenue of ~29% over FY2012-16, we
expect that SBPL to witness higher revenues from its retail business going ahead.
At the upper end of the price band, the pre issue P/E multiple works out to be
18.2x of its annualized 9MFY17 numbers. On EV/Sales, the issue is valued at
0.6x of annualized 9MFY17 numbers. Considering its long term prospects and
reasonable valuation, we recommend Subscribe rating on this issue.

Download Full ReportPDF download
View Full Report in Browser

Related Post

KFin Technologies IPO

CMP: NA
Target Price: NA

Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial s

Sula Vineyards Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2003, Sula Vineyards Limited is Indias largest wine producer and seller as

Archean Chemical Industries Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer

Five Star Business Finance Ltd IPO

CMP: NA
Target Price: NA

Incorporated in 1984, Five Star Business Finance Ltd (FSBFL) is an NBFC-ND-SI (Non-Banking

Kaynes Technology India Ltd IPO

CMP: NA
Target Price: NA

Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to end and I

Bikaji Foods International Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India

Global Health Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2004, Global Health Limited (GHL) is one of the largest private multi-spec

Fusion Micro Finance Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies

DCX Systems Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the

Electronics Mart India Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1980, Electronics Mart India Limited (EMIL) is the 4th largest consumer du

KFin Technologies IPO

CMP: NA
Target Price: NA

Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial s

Sula Vineyards Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2003, Sula Vineyards Limited is Indias largest wine producer and seller as

Archean Chemical Industries Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer

Five Star Business Finance Ltd IPO

CMP: NA
Target Price: NA

Incorporated in 1984, Five Star Business Finance Ltd (FSBFL) is an NBFC-ND-SI (Non-Banking

Kaynes Technology India Ltd IPO

CMP: NA
Target Price: NA

Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to end and I

Bikaji Foods International Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India

Global Health Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2004, Global Health Limited (GHL) is one of the largest private multi-spec

Fusion Micro Finance Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies

DCX Systems Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the

Electronics Mart India Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1980, Electronics Mart India Limited (EMIL) is the 4th largest consumer du

KFin Technologies IPO

CMP: NA
Target Price: NA

Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial s

Sula Vineyards Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2003, Sula Vineyards Limited is Indias largest wine producer and seller as

Archean Chemical Industries Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer

Five Star Business Finance Ltd IPO

CMP: NA
Target Price: NA

Incorporated in 1984, Five Star Business Finance Ltd (FSBFL) is an NBFC-ND-SI (Non-Banking

Kaynes Technology India Ltd IPO

CMP: NA
Target Price: NA

Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to end and I

Bikaji Foods International Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India

Global Health Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2004, Global Health Limited (GHL) is one of the largest private multi-spec

Fusion Micro Finance Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies

DCX Systems Limited IPO

CMP: NA
Target Price: NA

Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the

Electronics Mart India Limited IPO

CMP: NA
Target Price: NA

Incorporated in 1980, Electronics Mart India Limited (EMIL) is the 4th largest consumer du

Open Free Demat Account!
Join our 3.5 Cr+ happy customers