About
Skipper Limited manufactures and sells transmission and distribution structures, telecom towers, and fasteners in India. The company operates through three segments: Engineering Products, Infrastructure Projects, and Polymer Products. The Engineering Products segment offers power transmission towers, telecom towers, tower accessories, fasteners, angles, channels, high mast and swaged poles, solar power systems, railway structures, as well as power distribution poles, transmission lines, monopoles, mild steel and high tensile angles, and other products. The Infrastructure Projects segment provides water engineering, procurement, and construction services for telecom, tower, and water, as well as coating services. The Polymer Products segment offers PVC, HDPE, CPVC, UPVC, SWR pipes and fittings, water tanks, bath fittings, and other related products, as well as agriculture pipes, borewell pipes and fittings, and solvent cement. The company also exports its products to approximately 65 countries covering South America, Africa, the Middle East, Australia, New Zealand, Europe, and South and South East Asia. The company was incorporated in 1981 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap6,678 Cr
P/E28.70
Div Yield0.02 %
Book Value₹132.00
52w High₹609.00
52w Low₹300.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,310.00 | 1,667.00 | 1,371.00 | 1,262.00 | 1,254.00 | 1,288.00 | 1,135.00 | 1,110.00 | 1,092.00 | 1,154.00 | 802.00 | 772.00 | 555.00 |
| Expenses | 1,170.00 | 1,493.00 | 1,229.00 | 1,131.00 | 1,127.00 | 1,164.00 | 1,024.00 | 997.00 | 987.00 | 1,045.00 | 725.00 | 699.00 | 494.00 |
| Operating Profit | 140.00 | 173.00 | 141.00 | 131.00 | 127.00 | 124.00 | 111.00 | 112.00 | 105.00 | 109.00 | 77.00 | 74.00 | 60.00 |
| OPM % | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 10.00 | 10.00 | 11.00 |
| Other Income | 4.00 | 2.00 | 2.00 | -7.00 | 3.00 | 9.00 | 4.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 1.00 |
| Depreciation | 22.00 | 22.00 | 22.00 | 19.00 | 18.00 | 17.00 | 17.00 | 15.00 | 15.00 | 14.00 | 13.00 | 13.00 | 12.00 |
| Interest | 47.00 | 54.00 | 56.00 | 54.00 | 53.00 | 56.00 | 50.00 | 55.00 | 51.00 | 52.00 | 39.00 | 35.00 | 28.00 |
| Profit before tax | 76.00 | 99.00 | 65.00 | 52.00 | 60.00 | 59.00 | 48.00 | 45.00 | 42.00 | 46.00 | 26.00 | 28.00 | 21.00 |
| Tax % | 25.00 | 24.00 | 23.00 | 28.00 | 25.00 | 25.00 | 26.00 | 25.00 | 25.00 | 48.00 | 33.00 | 32.00 | 33.00 |
| Net Profit | 56.00 | 76.00 | 50.00 | 37.00 | 45.00 | 44.00 | 36.00 | 34.00 | 32.00 | 24.00 | 18.00 | 19.00 | 14.00 |
| EPS in Rs | 5.00 | 6.69 | 4.44 | 3.27 | 3.96 | 3.93 | 3.19 | 3.01 | 2.80 | 2.12 | 1.57 | 1.68 | 1.24 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,553.00 | 4,624.00 | 3,282.00 | 1,980.00 | 1,707.00 | 1,582.00 | 1,391.00 | 1,871.00 | 2,074.00 | 1,665.00 | 1,501.00 | 1,310.00 |
| Expenses | 4,978.00 | 4,170.00 | 2,961.00 | 1,787.00 | 1,539.00 | 1,436.00 | 1,251.00 | 1,689.00 | 1,769.00 | 1,392.00 | 1,273.00 | 1,082.00 |
| Operating Profit | 575.00 | 455.00 | 321.00 | 193.00 | 168.00 | 145.00 | 140.00 | 182.00 | 305.00 | 273.00 | 227.00 | 228.00 |
| OPM % | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 10.00 | 10.00 | 15.00 | 16.00 | 15.00 | 17.00 |
| Other Income | -2.00 | 18.00 | 8.00 | 5.00 | 4.00 | 4.00 | 2.00 | 1.00 | 1.00 | 3.00 | 5.00 | 1.00 |
| Interest | 218.00 | 214.00 | 155.00 | 105.00 | 94.00 | 74.00 | 85.00 | 102.00 | 79.00 | 68.00 | 65.00 | 70.00 |
| Depreciation | 80.00 | 63.00 | 53.00 | 47.00 | 48.00 | 45.00 | 38.00 | 38.00 | 46.00 | 32.00 | 24.00 | 22.00 |
| Profit before tax | 276.00 | 195.00 | 122.00 | 47.00 | 30.00 | 30.00 | 18.00 | 43.00 | 180.00 | 177.00 | 143.00 | 137.00 |
| Tax % | 25.00 | 25.00 | 39.00 | 31.00 | 6.00 | 30.00 | -128.00 | 27.00 | 35.00 | 30.00 | 34.00 | 35.00 |
| Net Profit | 207.00 | 146.00 | 75.00 | 33.00 | 29.00 | 21.00 | 41.00 | 31.00 | 118.00 | 124.00 | 95.00 | 89.00 |
| EPS in Rs | 18.36 | 12.93 | 6.61 | 2.90 | 2.53 | 1.87 | 3.67 | 2.76 | 10.44 | 11.04 | 8.46 | 7.93 |
| Dividend Payout % | 1.00 | 1.00 | 1.00 | 3.00 | 4.00 | 5.00 | 2.00 | 8.00 | 14.00 | 13.00 | 15.00 | 15.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.00 | 11.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 1,464.00 | 1,172.00 | 881.00 | 758.00 | 725.00 | 698.00 | 677.00 | 638.00 | 627.00 | 522.00 | 371.00 | 294.00 |
| Borrowings | 931.00 | 711.00 | 579.00 | 485.00 | 568.00 | 440.00 | 454.00 | 523.00 | 496.00 | 436.00 | 468.00 | 383.00 |
| Other Liabilities | 2,111.00 | 1,493.00 | 1,668.00 | 970.00 | 784.00 | 772.00 | 572.00 | 481.00 | 610.00 | 423.00 | 341.00 | 377.00 |
| Total Liabilities | 4,518.00 | 3,387.00 | 3,138.00 | 2,223.00 | 2,087.00 | 1,919.00 | 1,713.00 | 1,653.00 | 1,744.00 | 1,391.00 | 1,190.00 | 1,064.00 |
| Fixed Assets | 1,167.00 | 901.00 | 749.00 | 697.00 | 657.00 | 657.00 | 579.00 | 514.00 | 521.00 | 497.00 | 385.00 | 351.00 |
| CWIP | 273.00 | 134.00 | 16.00 | 7.00 | 14.00 | 12.00 | 11.00 | 8.00 | 2.00 | 14.00 | 40.00 | 3.00 |
| Investments | 10.00 | 10.00 | 10.00 | 11.00 | 11.00 | 10.00 | 10.00 | 9.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 3,067.00 | 2,342.00 | 2,362.00 | 1,508.00 | 1,406.00 | 1,241.00 | 1,114.00 | 1,121.00 | 1,221.00 | 880.00 | 765.00 | 709.00 |
| Total Assets | 4,518.00 | 3,387.00 | 3,138.00 | 2,223.00 | 2,087.00 | 1,919.00 | 1,713.00 | 1,653.00 | 1,744.00 | 1,391.00 | 1,190.00 | 1,064.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 277.00 | 153.00 | 199.00 | 284.00 | 17.00 | 180.00 | 214.00 | 134.00 | 80.00 | 176.00 | 65.00 | 174.00 |
| Cash from Investing Activity | -272.00 | -201.00 | -187.00 | -98.00 | -48.00 | -100.00 | -51.00 | -41.00 | -42.00 | -79.00 | -92.00 | -32.00 |
| Cash from Financing Activity | -8.00 | 51.00 | -12.00 | -185.00 | 31.00 | -81.00 | -163.00 | -93.00 | -39.00 | -110.00 | 13.00 | -116.00 |
| Net Cash Flow | -3.00 | 4.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | -13.00 | -14.00 | 26.00 |
| Free Cash Flow | -88.00 | -83.00 | 98.00 | 201.00 | -23.00 | 98.00 | 165.00 | 94.00 | 31.00 | 82.00 | -32.00 | 142.00 |
| CFO/OP % | 56.00 | 42.00 | 72.00 | 153.00 | 11.00 | 121.00 | 154.00 | 89.00 | 42.00 | 81.00 | 49.00 | 91.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98.00 | 55.00 | 85.00 | 66.00 | 93.00 | 109.00 | 115.00 | 96.00 | 91.00 | 82.00 | 91.00 | 105.00 |
| Inventory Days | 109.00 | 152.00 | 263.00 | 263.00 | 251.00 | 213.00 | 202.00 | 154.00 | 155.00 | 123.00 | 96.00 | 95.00 |
| Days Payable | 176.00 | 155.00 | 267.00 | 169.00 | 200.00 | 233.00 | 154.00 | 101.00 | 135.00 | 97.00 | 82.00 | 100.00 |
| Cash Conversion Cycle | 30.00 | 52.00 | 81.00 | 160.00 | 144.00 | 89.00 | 163.00 | 149.00 | 111.00 | 108.00 | 105.00 | 99.00 |
| Working Capital Days | 43.00 | 28.00 | 48.00 | 59.00 | 56.00 | 66.00 | 55.00 | 64.00 | 56.00 | 48.00 | 33.00 | 24.00 |
| ROCE % | 24.00 | 24.00 | 20.00 | 12.00 | 10.00 | 9.00 | 9.00 | 13.00 | 25.00 | 27.00 | 27.00 | 31.00 |
Corporate Actions
14 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 16 Sep 2025 | 16 Sep 2025 | — | 0.10 | |
| Dividend | 12 Sep 2024 | — | — | 0.10 | |
| Rights | 12 Jan 2024 | 12 Jan 2024 | 1:10 | — | |
| Other | 12 Jan 2024 | 12 Jan 2024 | — | — | Right Issue of Equity Shares |
| Dividend | 12 Sep 2023 | — | — | 0.10 | |
| Dividend | 12 Aug 2022 | — | — | 0.10 | |
| Dividend | 20 Sep 2021 | — | — | 0.10 | |
| Dividend | 18 Sep 2020 | — | — | 0.10 | |
| Dividend | 02 Aug 2019 | — | — | 0.25 | |
| Dividend | 01 Aug 2018 | — | — | 1.65 | |
| Dividend | 28 Aug 2017 | — | — | 1.55 | |
| Dividend | 29 Jul 2016 | — | — | 1.40 | |
| Dividend | 15 Sep 2015 | — | — | 1.30 | |
| Dividend | 17 Sep 2014 | — | — | 0.15 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update8 Jul from crisil
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Rating update3 Jul from crisil
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Rating update22 Jun from care
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Rating update21 Apr from smera
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Rating update13 Jan from care
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Rating update7 Jan from crisil
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