The Silicon Review
Shankara Building Products Ltd. is one of India's leading organized retailers of home improvement and building products in India, based on a number of stores operating under "Shankara Buildpro". The company carries with it a legacy of 21 years of impeccable service to customers spread across south, west, and east India.
Its operations are headquartered in Bangalore. The distribution network, branch offices, warehouses, and retail stores span the states of Karnataka, Kerala, Andhra Pradesh, Telangana, TamilNadu, Maharashtra, Gujarat, Orissa, Goa, Madhya Pradesh, and Puducherry. It has its own fleet of trucks for transport to help augment its logistics capabilities. This helps in providing the last mile delivery. Its processing facilities are located in numerous states of India.
Message from Managing Director
Today, Shankara represents one of the largest and leading organised retailers of building products in India with products including structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.
Shankara employs over 1700 people and this family continues to grow. Our success is based on a combination of the team's passion for building products and capabilities to scale very fast. We have a culture which is based on meritocracy and fairness. We believe in non-hierarchy and that everyone's voice should be heard regardless of rank and position. This culture, combined with our team and world-class products, is what makes us one of India's leading building products companies.
Retail: The retail arm of Shankara provides a wide range of building products. There are 100 retail counters spread across the Shankara geography which cater to a large customer base. The product portfolio includes TMT and steel products, fabrication items, cement, roofing solutions, CP fittings, sanitaryware, tiles, wooden flooring, electrical and plumbing items, aluminum composite panels, etc. to name a few. It offers products from brands such as Alstone, Futura, Sintex, APL Apollo, Ganga, etc. Shankara Buildpro aims to be a one-stop shop for building products and solutions.
Processing: Shankara has three processing units housed in subsidiaries:
Enterprise: The enterprise business encompasses an own fleet of 47 trucks to augment its logistics capabilities, covering rural, semi-urban, and urban requirements of the geography the company operates in. In this vertical, the company services large end-users, contractors, OEMs, and projects, apart from catering to its network of retailers. Shankara has the potential and infrastructure available in numerous key locations of India. The enterprise business currently has the capacity to handle 323, 200 tonnes of steel and steel tubes per annum and also other building products like water tanks, tiles, bath fittings, welding electrodes, etc.
Corporate Social Responsibilities
Shankara firmly believes in its contribution to society. SBPL has a clear commitment to promote women empowerment and help underprivileged children and the elderly. Following are some of the company’s initiative to contribute towards the society:
Meet the Leader
SukumarSrinivas, Founder,and Managing Director: He holds a Bachelor’s Degree in Commerce from Loyola College, Chennai, University of Madras and a post-graduate diploma in Business Management from the Indian Institute of Management, Ahmedabad. He has 33 years of experience in the steel tubes and building product industry. Prior to joining the Shankara, he was associated with Gemini Steel Tubes Limited in various capacities. He currently holds the position of President of the Karnataka Pipe Dealer’s Association.