SKIPPERNSESkipper LimitedMediumNeutral
Announced Wed, 30 Apr · 16:33 IST

Skipper Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedCfo Debt Reduction RoadmapInvestor Communications View source PDF

SKIPPER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Skipper Limited reported its highest-ever annual revenue of Rs 46,245 million in FY25, up 41% YoY, driven by a 58% surge in the engineering segment to Rs 35,185 million. Profit after tax jumped 83% to a record Rs 1,493 million, with EBITDA margin holding at 9.8% and PAT margin improving 74 basis points to 3.2%. The company also secured its highest-ever order inflow of Rs 53,353 million, pushing the closing order book to an all-time high of Rs 74,584 million (1.78x FY25 sales), with key wins including 800 KV HVDC projects from PGCIL and a breakthrough multi-million dollar order in the USA. Net working capital days improved sharply to 95 from 164, and debt-to-EBITDA eased to 1.55x from 1.81x, reflecting better balance sheet management.

Likely market impact

Record revenue, profitability, and order book signal strong business momentum and multi-year revenue visibility for shareholders. Improving working capital cycle, falling leverage, and a capacity expansion of 75,000 MT coming online in May 2025 are positive for earnings durability, though finance costs remain elevated at 4.6% of sales.