Skipper Limited has informed the Exchange about Transcript
SKIPPER · price
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Skipper Limited posted record FY25 results with revenue of INR 4,624 crores (up 41% YoY) and consolidated PAT of INR 149 crores (up 83% YoY). Q4 FY25 was the best quarter ever with revenue of INR 1,288 crores, EBITDA of INR 123 crores at 9.6% margin, and PAT of INR 47.9 crores (up 90% YoY) at 3.7% margin. The company secured its highest-ever annual order inflow of INR 5,335 crores and ended FY25 with a record order book of INR 7,458 crores, providing 18–24 months of revenue visibility. Management guided for 20–25% revenue growth in FY26, with polymer segment targeted at 25–30% growth and engineering margins expected to stay in the 11–12% range. Net debt declined by INR 111 crores to INR 1,016 crores, and finance cost is targeted to come down to around 4% of sales from current 4.4%. The new 75,000 MT capacity is operational from May 2025, and a further 75,000 MT expansion is planned in FY26. The company secured a breakthrough $15 million coal supply order in the US market, with a US bidding pipeline of $150 million.
Strong execution, a record order book, and clear margin levers (T&D mix shift, capacity utilization, high-margin US exports) support continued growth momentum. Conservative dividend payout (around 10%) and QIP on hold indicate cash will be channelled into debt reduction and capacity expansion, which should support balance sheet strength. The US market entry at 2%+ premium margins and HVDC capability expansion are notable positive catalysts.