Concrete

Organised retailer

Published

6 years ago

March 5, 2021

admin

Shankara Building Products is a leading organised retailer of home improvement and building products in India, operating under the brand name ??hankara Buildpro?? It runs 100+ stores spread across Karnataka, Kerala, Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Gujarat, Orissa, Madhya Pradesh and Puducherry. It started in 1995, and is headquartered in Bengaluru. It is listed on NSE and BSE with a turnover of Rs 2,640 crore.

It sells over 30,000+ SKUs across the entire home construction and renovation lifecycle through its retail stores. The products are spread across categories of construction materials, plumbing and sanitary ware, flooring, electrical, interior-exterior finishing and Irrigation. It has a tie up with leading brands across categories. The products are also available its website: Buildpro Store.

The list of customers include homeowners as well as professional customers like architects, interior designers, contractors, developers, plumbers, electricians, tile layers, masons, carpenters, painters, etc. as well as small enterprises. The customers are spread across tier 1, 2 and 3 locations.

In addition to the retail segment, it has two other legacy business segments ??enterprise and channel. In the enterprise segment, it caters to requirements of large end-users, contractors and OEMs. In the channel segment, it caters to dealers and other retailers through its branch network. The common theme across all segments is the customer-centric approach to business.

Back-end operations

The back-end operations provide support to its front-end business segments. It has its own steel processing facilities, which help to provide customised, in-time solutions. It has its own supply chain capabilities with owned warehousing and vehicles to provide efficient and speedy delivery to the customers. Its presence across the value chain of processing, channel, enterprise, retail, and supply chain gives it a lot of strength and unique advantages.

Processing unit

It has a processing unit for steel pipes and tubes (including precision tubes and galvanized pipes), color coated roofing sheets, galvanised strips and cold rolled strips. The units are 12 in number and are located near key demand centres. These are Hyderabad (3), Bengaluru (4), Hubli, Chennai, Coimbatore, Pune and Vijaywada. It has an installed capacity of approximately 325,000 tonne per annum.

The processing units carry key certifications like ISO 9001:2008, ISO 14001:2015, OHSAS 18001:2007 and BIS. The product specifications adhere to international standards and the facilities are approved by a number of prestigious clients. It processes a number of steel based products based on the requirements of our customers.

Pipes and tubes

The company produces CRCA, GI, GP and HR pipes and tubes. It is equipped with advanced mills for precision quality products in tube processing. In CRCA, it processes materials conforming to IS 3074 and automotive requirements (HSLA) series materials. In HR, it has certifications conforming to standards viz. IS 1239; IS 1161; IS 3601 and IS 4923.

Roofing Sheets

The company makes a wide range of roofing, cladding and rainwater systems. The products are designed to provide flexibility to suit any construction need, be it home, office, business or factory. It provides attractive colours and the products are made from high quality raw materials to ensure low maintenance and resistance to extremities of weather. Over and above the products are environmentally friendly and fireproof.

Supply chain

Efficient storage and movement of goods are critical to business operations. The company has over +6 lakh sq ft of warehousing space, a large part of it is owned by them. It has +75-owned trucks to ensure efficient movement of goods. In addition, it has a large number of independent vehicles wholly aligned to serve the logistics needs. It keeps building the supply chain infrastructure to ensure a strong foundation to scale the business.

The enterprise hub of Shankara

In addition to sales from retail stores, the products are sold directly to enterprises for their end users. In this segment, it caters to the requirements of large end users, contractors, and OEMs. The enterprise segment is closely linked with its processing units. This helps to serve the bespoke requirements of customers depending on specifications, quality and delivery timelines. It also offers kit based, cut-to-size, ready-to-use products as well for customers. The range of products include frames for airports, metro stations and malls, city skywalks, airport tubular structures, and road dividers.

Concrete

Cement Prices Likely to Rise Rs. 10-15 per Bag from Mid-October

Input costs and steady demand may drive cement price increases

Published

2 days ago

October 14, 2026

admin

Cement manufacturers in India are likely to raise prices by Rs. 10-15 per bag from mid-October, as they seek to offset persistent increases in power and fuel costs. Emkay Research said its channel checks indicated a high probability of an increase from October 12, supported by the start of the busy construction season and favourable demand-supply conditions.

The sector had implemented similar rate adjustments of Rs. 10-15 per bag during the first quarter, but the increases were insufficient to cover higher operating costs. Prices also softened during July and August because of the monsoon, widening the gap between realisations and input expenses. Delayed plant expansion programmes have pushed clinker utilisation rates towards 79 per cent by FY28, helping to balance market fundamentals.

Emkay Research said steady volume offtake was supporting cement consumption, with non-trade demand driving activity across regional markets. Industry volumes are expected to grow by 7-8 per cent year on year during the first half of FY27, while demand momentum is projected to remain firm over the following 18 months. The outlook includes the busy construction season in the second half of FY27 and infrastructure activity linked to general elections in the first half of calendar year 2029.

The brokerage expects overall cement demand to record a compound annual growth rate of about 7 per cent between FY26 and FY28. However, elevated operating expenses are likely to continue weighing on profitability. Input costs have risen by Rs. 300-400 per t over the past six to seven months, with the full impact expected to become visible in second-quarter earnings and remain persistent through the second half of FY27.

Spot prices for petcoke and imported coal are approximately 20 per cent and 16 per cent above their second-quarter averages, at USD 175 per t and USD 150 per t, respectively. Packing costs have also increased, with polypropylene granule prices rising above Rs. 135 per kg. Emkay Research estimated that second-quarter earnings could decline by Rs. 200-250 per t sequentially because of higher fuel bills and negative operating leverage, and said the sector requires sustained price increases of about Rs. 10 per bag to offset cost inflation.

Concrete

Nuvoco Marks 10 Years, Targets 35 MMTPA Capacity by FY28

Nuvoco celebrates a decade of growth, targeting 35 MMTPA cement capacity by FY28.

Published

3 days ago

October 13, 2026

admin

Nuvoco Vistas Corporation Limited is celebrating a decade of operations under the theme ‘Dus Saal Bemisaal’, highlighting its expansion in India’s building materials sector. The company has grown from a single cement manufacturing facility into a diversified organisation operating across cement, ready-mix concrete (RMC) and modern building materials.

The company’s journey began in 2014 when its parent, Nirma Group, commissioned a 2 million metric tonnes per annum (MMTPA) greenfield cement plant at Nimbol, Rajasthan. A major milestone followed in October 2016 with the acquisition of Lafarge India, significantly expanding its manufacturing footprint.

Nuvoco strengthened its market presence through the acquisition of Emami Cement, now NU Vista Limited, in 2020, followed by its public listing in 2021. In April 2025, the company added Vadraj Cement to its portfolio, strengthening its presence in western India.

Nuvoco has an operating cement capacity of 27 MMTPA and 14 manufacturing units, including the Kutch and Sachana facilities in Gujarat, which are in advanced stages of completion. It also operates 58 ready-mix concrete plants across India and offers a range of modern building materials.

The company aims to increase its cement capacity to 35 MMTPA by FY2027-28, representing approximately 15-fold growth over the decade.

Reflecting on the milestone, Hiren Patel, Chairman, Nuvoco Vistas Corporation Limited, said, “From our beginnings at Nimbol to the organisation we are today, every milestone has added a new chapter to Nuvoco’s journey and strengthened our belief in building for the long term.”

The company continues to focus on capacity expansion, operational efficiency, innovation and sustainability while strengthening its position in India’s construction materials market.

Concrete

J&K Government Notifies City Gas Distribution Policy

Policy targets PNG and CNG expansion across all 20 districts

Published

3 days ago

October 13, 2026

admin

Jammu and Kashmir government has notified the City Gas Distribution (CGD) Policy, 2026, following its approval by the Council of Ministers headed by Chief Minister Omar Abdullah. The policy sets out a phased framework for expanding Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) access for households, businesses, industries and the transport sector across the Union Territory.

CGD networks will be expanded in phases across all 20 districts, with the aim of bringing reliable natural gas closer to consumers and supporting a gradual shift from conventional fuels. The government said the policy is designed to improve energy access while creating an investor-friendly and time-bound environment for gas distribution projects.

The policy provides for single-window and time-bound clearances, streamlined procedures for setting up CNG stations and standardised norms for the Right of Way. These measures are intended to reduce procedural delays, simplify project implementation and facilitate investment in natural gas infrastructure.

It also prioritises gas connectivity for major industrial estates, including those in Kathua, Samba and Pulwama. Improved access to natural gas is expected to support industrial activity, enhance energy efficiency and help businesses manage fuel costs, while strengthening their competitiveness and encouraging investment in the clean-energy sector.

The policy is also expected to create opportunities for local employment, apprenticeships and skill development in the construction, operation and maintenance of gas distribution networks and related services. Abdullah described the measure as an important step towards cleaner growth, sustainable development and a modern energy ecosystem in Jammu and Kashmir, saying it would expand reliable energy access and support industry and investment.