Skipper Limited has informed the Exchange regarding 'Establishment of a Corporate Office located at Tirumala 22, 22 East Topsia Road, 11th floor ,Kol 700 046, and maintenance of Books of Accounts at the Corporate Office.'.
SKIPPER · price
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On the reaction day the stock moved 6.9 pts more than Nifty Microcap 250 and 6.5 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Skipper Limited's Board approved Q1 FY26 unaudited results showing revenue from operations of ₹12,538.62 million, up 14.8% from ₹10,917.44 million in Q1 FY25. Standalone profit after tax rose 41.4% YoY to ₹446.60 million, while consolidated PAT grew 39.6% to ₹452.55 million, lifting basic EPS to ₹3.96 (standalone) and ₹4.01 (consolidated). The Engineering Products segment led growth, with revenue climbing 23.7% to ₹10,247.83 million and segment profit rising 34.1% to ₹1,180.22 million. The Board also approved re-appointment of Mr. Yash Pall Jain as Whole-Time Director for 3 years, set up a new corporate office in Kolkata, and announced plans to incorporate wholly owned subsidiaries in UAE, USA, and Brazil to sell towers and poles globally. The 44th AGM is scheduled for September 23, 2025, with September 16, 2025 as the record date for dividend and e-voting.
Strong Q1 performance with sharp PAT growth, driven by the core Engineering Products segment, is positive for shareholders. The international expansion into UAE, USA, and Brazil signals a long-term growth push beyond domestic markets, though the capital deployed is modest. Investors should note the planned forfeiture of 50,250 partly paid-up shares with unpaid call money by August 19, 2025.