Skipper Ltd

Skipper Ltd. is currently trading at Rs 561.85, up 2.67%, while the stock has risen 1.15% over the last one week. Skipper Limited (BSE: 538562, NSE: SKIPPER) announced today, August 27th, 2026, that it has secured new orders totaling Rs 1,305 crores for several domestic and international Transmission & Distribution (T&D) projects, including the supply of transmission towers and monopoles for North American markets and two 765 Kv transmission line projects within India. Director Sharan Bansal stated the order win reflects Skipper’s execution capabilities and growing customer confidence, particularly highlighting renewed momentum in the company’s export business, and anticipates continued growth driven by investments in transmission infrastructure and renewable energy integration globally. Skipper Ltd. shares saw a trading volume of 10.52 lakh today, a surge of 32.39% compared to the average volume of the last one week. Skipper Ltd. posted a modest gain of 7.16% year-over-year, outperforming the 2.04% loss registered by the NIFTY50 index.

Skipper Ltd share price inched up 2.16% to Rs 529.8. The Company's net profit tanked by 27.22% to Rs 56.81 crore, while revenue from operations plunged by 21.41% to Rs 1309.83 crore in Q2FY26 over Q1FY26. The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.21 lakh crore, nosediving by 18.07%. It has improved by 2.15% over last one week and crept higher by 6.02% in last one month while the market capitalization of Skipper Ltd has softened by 3.03% and 17.24% in the same period respectively. Profit before tax (PBT) of Skipper Ltd stood at Rs 75.99 crore in Q2 FY26, rallying 25.87% year-on-year, and crashing by 25.06% quarter-on-quarter. EBITDA came in at Rs 136 crore, easing 9.54% YoY and tumbling by 21.04% sequentially. Total expenses slumped by 21.31% to Rs 1191.9 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 844.33 crore, falling by 18.88% YoY, while employee benefits expense was at Rs 71.42 crore, inching up 2.57% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 40.90% to Rs 4624.48 crore, while net profit saw a strong growth of 82.87% to Rs 149.35 crore, compared to previous TTM. EBITDA jumped by 32060% to Rs 432.14 crore, and PBT soared 54.59% to Rs 198.65 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 153.27 crore in FY26, as against Rs 199.16 crore in FY25. Skipper Ltd gained 3.37% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.56% during the same period.

Skipper Limited will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing with the National Stock Exchange of India Limited and BSE Limited. The trading window for the company's securities will remain closed until August 13, 2026, as previously announced on June 25, 2026.

Skipper Limited informed the National Stock Exchange of India Limited and BSE Limited that Independent Director Mr. Ashok Bhandari (DIN: 00012210) passed away on August 3, 2026, having served in the role since September 6, 2017, and was a member of the Audit Committee, Nomination and Remuneration Committee and Those Charged with Governance Committee of the company’s Board of Directors.

Skipper Limited announced the allotment of 92,23,402 equity shares on a preferential basis at a price of Rs 470 per share, including a share premium of Rs 469, to a group of non-promoter investors, raising Rs 4,33,49,98,940, according to a filing with the BSE Limited and National Stock Exchange of India Limited on Friday, July 31, 2026. The allotment follows approvals from the company’s board of directors and members, as well as in-principle approvals from the stock exchanges, increasing the company’s issued, subscribed, and paid-up equity share capital to 12,21,27,437.

The agency has also reaffirmed the company's short-term rating has been at 'Crisil A1'. Crisil Ratings stated that the upgrade in the ratings factor in the continuous strengthening of the business and financial risk profile due to increasing scale of operations supported by strong order book, healthy operating profitability levels and improving debt coverage indicators. Skipper's revenue has registered growth of about 20% on-year in fiscal 2026 driven by healthy execution of the order book which stood at Rs ~8,502 crore as on March 31, 2026. Besides, the company has also emerged as lowest bidder (L1) for few orders, which along with the existing order book, will ensure healthy revenue visibility over the medium term. The business risk profile will also continue to benefit from the strong technological capabilities of Skipper, its increasing market presence and established clientele, and the strong industry outlook of T&D sector in the domestic and international market. The company is in the process of raising about Rs 433.50 crore via preferential equity share allotment which shall be utilised majorly towards working capital requirement thereby reducing the reliance on debt of the company. The fund raise shall strengthen Skipper's financial risk profile and improve its key debt metrics. The rating continues to reflect established market position of the group in the power transmission and distribution (T&D) structures and polymer pipes and fittings manufacturing industry, healthy operating efficiency driven by integrated operations and healthy financial risk profile. These strengths are partially offset by working capital intensive operations and exposure to intense competition, any unprecedented cyclicality and slowdown in the end user industry as well as risks related to tender business. Skipper is broadly structured into three different business verticals that comprise the engineering division, polymer division and the engineering procurement construction (EPC) division. The entity is India's largest and the world's only integrated transmission and distribution company with their own structure rolling, manufacturing, tower load testing station, and transmission line EPC capabilities. The scrip fell 1.80% to currently trade at Rs 564.70 on the BSE. Powered by Capital Market - Live

Skipper has received revision in credit ratings from CRISIL as under: Total bank facilities rated - Rs 4621 crore Long term rating - Crisil A+/Stable (upgraded) Short term rating - Crisil A1 (reaffirmed)

Skipper announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 26 June 2026.

Skipper has incorporated a wholly owned subsidiary in the name of Skipper Transmission and Distribution LLC S.P.C in Abu Dhabi. The wholly owned subsidiary is established as part of the Company's long-term strategy to expand its operations beyond India and to create a dedicated platform for trading and marketing of its products in the global marketplace.

Skipper will hold a meeting of the Board of Directors of the Company on 3 June 2026.