| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | ₹1,384 Cr, 10% YoY growth. |
|---|---|
| Margins | EBITDA margin improved to 10.5%; targeting 12% long-term. |
| Order book | Record ₹10,066 Cr; strong visibility for next few years. |
| Demand visibility | Strong domestic transmission investment and US AI-led data center demand. |
| Management confidence | Balanced; admitted H2 requires significant acceleration to meet 15% target. |
Growth
Revenue grew 10% YoY; PAT surged 56% to ₹57.5 Cr due to disciplined cost management.
Outlook
Capacity expanding to 450,000 MTPA by H2FY27; targeting 600,000 MTPA by FY29.
Risks
High freight costs and shipping delays are causing shipment deferrals; 15% revenue guidance at risk.
Last quarter's promises, checked
Delivered
- Guided FY27 closing order book ₹10,000Cr+ → delivered ₹10,066Cr at Q2 (= BEAT, mid-year)
Partly delivered
- Guided FY27 revenue +15% → delivered Q2 +10% YoY; H2 needs 21%+ (= PARTIAL)
- Guided 450,000 MTPA by H2FY27 → delivered capacity still expanding at Q2 (= PARTIAL)
Missed
- Guided logistics normalised → delivered freight still deferring shipments; 15% guide at risk (= MISS)
- Guided margin path toward 12% from 10.7% in Q1 → delivered 10.5% in Q2 (= MISS)
- Guided engineering slowdown 'temporary' → delivered Q2 engineering growth muted (= MISS)
Earnings Call Transcript filed with NSE, NSE: SKIPPER. Summary written with AI assistance from the document.
Skipper Ltd: key numbers
- Share price
- ₹492.50
- Market cap
- ₹5,561 Cr
- Revenue (annual)
- ₹5,553 Cr
- Net profit (annual)
- ₹213.1 Cr
- P/E (TTM)
- 22.6×Sector 32.4×
- Promoter holding
- 61.48%-5.02% QoQ
- FII holding
- 10.31%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Skipper Ltd
All →Skipper Merger & Restructuring Worth ₹0.48 Cr
Skipper Limited incorporated a wholly owned subsidiary, Skipper Gridtech Inc, in Texas, USA. The subsidiary's share capital is up to USD 50,000 (about Rs 0.48 Crore).
- Value
- ₹0.48 Cr
Skipper Results Update
Skipper Limited reported record Q2 FY27 revenue of Rs.13,840 million, with PAT up 56% year-on-year. Its closing order book reached a record Rs.100,657 million.
Skipper Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs13,840Mn (+10% YoY), EBITDA Rs1,448Mn (10.5% margin), PAT Rs575Mn (+56%). Record order book Rs100,657Mn; exports down sharply on West Asia disruption.
Skipper Q2 FY27 Results: Net Profit ₹58 Cr, Up 56.8% YoY
Skipper Ltd reported revenue from operations of ₹1,384 Cr (+9.7% YoY) and net profit of ₹58 Cr (+56.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹58 Cr · +56.8% YoY
Skipper Annual General Meeting
Skipper Ltd is seeking shareholder approval via postal ballot to appoint Mr. Rabindra Nath Nayak as Independent Director. E-voting runs from 29 October to 27 November 2026.
Skipper Board Meeting Date
Skipper Ltd schedules a 30 October 2026 board meeting to approve unaudited results for quarter ended 30 September 2026. Trading window stays closed until 1 November 2026.