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Prices as of 8 Oct 2026 close · Not investment advice

Skipper Limited

NSE: SKIPPERHeavy Electrical Equipment

Share price

₹517.50

-4.41% close of 8 Oct 2026

Market cap ₹5,693 CrP/E 24.4

Business score

How strong the business is, in one number. The parts behind it are in Pro.

71

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹5,693 Cr

P/E ratio

24.4

P/B ratio

3.9

ROCE

23.6%

ROE

16.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹604.7052-week low ₹330.40

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 17.2% over the past year, and 17.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 9.9% to 10.4% over the last four years.

Whether it grew faster than its sector

It grew 17.3% a year against a sector median of 10.6% — 6.6 percentage points faster.

Room to re-rate, or risk of de-rating

At 24.4× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 92.3×, across 5 companies. It is against its own five-year median of 36.1×, the 16th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 85%.

Profit growthPrice per ₹1 profitPer 1% growth
Skipper Limited — this one85%/yr24.4×₹0.29
Bharat Heavy Electricals36%/yr61.5×₹1.7
ABB India—92.3×—
Hitachi Energy India Limited122%/yr121.2×—
CG Power and Industrial Solutions Limited10%/yr106.7×₹10.7
Siemens India23%/yr86.0×₹3.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Heavy Electrical Equipment), it ranks 18 of 36 on returns, 11 of 31 on growth, 29 of 36 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 23.6% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹930 crore of cash from the business, spent ₹826 crore on plant and equipment, and returned ₹123 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 8 years, about 244 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 56 days for its cash to waiting 43 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Held the 15% growth guidance; order book at a record Rs 9,200 crore.

Announced 11 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,310 Cr

Revenue vs last year

+4.5%

Revenue vs last quarter

-21.4%

Net profit

₹57 Cr

Profit vs last year

+26.3%

Profit vs last quarter

-27.2%

Net margin

4.3%

EPS

₹5.03

Earnings call transcript · 12 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹5,693 Cr
Prev close
₹517.50
52w High
₹617
52w Low
₹327
Enterprise value
₹6,592 Cr
Beta
1.7
Price CAGR 1y
5.0%
Price CAGR 3y
35.0%
Price CAGR 5y
46.0%
Price CAGR 10y
13.0%

Ratios

Return on assets
4.7%
PEG ratio
0.3
P/E ratio
24.4
P/B ratio
3.9
EV / EBITDA
11.3
Industry P/E
48.3
ROCE
23.6%
ROCE 5y average
18.2%
ROE
16.5%
Debt / Equity
0.6
Interest coverage
2.3
Dividend yield
0.0%
ROE 3y average
14.0%
ROE last year
17.0%

Annual P&L

Annual revenue
₹5,553 Cr
Annual profit
₹213 Cr
Operating margin
10.0%
Net profit margin
3.8%
EBITDA margin
10.4%
Sales growth 3y
41.0%
Sales growth 5y
28.5%
Profit growth 3y
85.0%
Profit growth 5y
61.0%
EPS
₹18.9
Sales growth TTM
17.0%
Profit growth TTM
43.0%
Dividend payout
1.0%

Quarter P&L

Sales latest quarter
₹1,310 Cr
Profit latest quarter
₹57 Cr
YoY quarterly sales growth
4.5%
YoY quarterly profit growth
26.7%
OPM latest quarter
10.7%

Balance Sheet

Book Value
₹136
Face Value
₹1.0
Total debt
₹931 Cr
Total cash
₹32 Cr
Borrowings
₹931 Cr
Reserves / Equity
134.5

Cash Flow

Operating cash flow
₹277 Cr
Free cash flow
-₹88 Cr
FCF yield
-5.4%
Net cash flow
-₹3 Cr

Shareholding

Promoter holding
61.5%
FII holding
10.6%
DII holding
2.2%
Public holding
25.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
B H E L437.2062.61,52,2360.31376.7182.77,697.740.39.1
A B B6,804.9593.61,44,2030.57362.38.03,558.921.029.9
Hitachi Energy30,917.50115.71,37,8070.03294.2123.52,493.768.629.4
CG Power & Ind871.00107.81,37,2230.15308.316.33,280.814.026.7
Siemens3,687.0087.31,31,3020.482,143.1-18.64,713.714.821.4
Siemens Ener.Ind3,255.0075.91,15,9170.12440.967.82,485.639.367.8
GE Vernova T&D4,220.0080.01,08,0530.23363.024.61,836.138.077.4
Skipper520.0025.35,8730.0256.825.51,309.84.523.6
Median440.0033.25,8730.0441.215.5466.320.123.5

Competes with: ABB India, Bharat Heavy Electricals, CG Power and Industrial Solutions Limited, GE Vernova T&D India Limited, Hitachi Energy India Limited, Siemens Energy India Limited, Siemens India

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5557728021,1541,0921,1101,1351,2881,2541,2621,3711,6671,310
Expenses4946997251,0459879981,0241,1641,1271,1311,2291,4931,170
Material Cost7417888358901,041844
Change in Inventories7144-30-3814-70
Purchases of Stock-in-Trade000000
Employee Cost4955150717071
Other Expenses302239127306369324
Operating Profit607477109105111111124127131141173140
OPM %119.549.619.419.59109.779.601010101011
Other Income4354434134-6445
Exceptional items (within Other Income)00-11000
Interest28353952515550565354565447
Depreciation12131314151517171819222222
Profit before tax232929484344486360526810176
Tax %30313047252625242528222325
Net Profit16202025323336484537537857
EPS in Rs1.441.751.812.232.872.923.214.254.013.284.686.915.03
Diluted EPS in Rs4.294.013.284.636.965.03

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,8711,3911,5821,7071,9803,2824,6245,5535,609
Expenses1,6891,2511,4361,5421,7872,9614,1704,9785,023
Material Cost2,7883,554
Change in Inventories88-11
Purchases of Stock-in-Trade00
Employee Cost180264
Other Expenses1,1181,173
Operating Profit182140145165193321455575586
OPM %10109101010101010
Other Income12448152147
Exceptional items (within Other Income)0-11
Interest102857494105155213217211
Depreciation383845484753638084
Profit before tax4318302750128199281297
Tax %27-12930629362524
Net Profit314121253682149213225
EPS in Rs2.763.651.902.233.157.23131920
Diluted EPS in Rs1419
Dividend Payout %82543111

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
29%
3 years
41%
TTM
17%

Compounded profit growth

10 years
—
5 years
61%
3 years
85%
TTM
43%

Stock price CAGR

10 years
13%
5 years
46%
3 years
35%
1 year
5%

Return on equity

10 years
—
5 years
11%
3 years
14%
Last year
17%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1010101010111111
Reserves6386776987227578871,1821,480
Borrowings523454448575494592711931
Other Liabilities4815727637779611,6551,4932,111
Minority Interest0
Total Liabilities1,6531,7131,9192,0842,2233,1453,3974,533
Fixed Assets5145796576576977499011,167
CWIP8111214716134273
Investments9910710172026
Other Assets1,1211,1141,2411,4061,5082,3622,3423,067
Total Assets1,6531,7131,9192,0842,2233,1453,3974,533

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity13421418017284199153277
Cash from Investing Activity-41-51-100-48-98-187-201-272
Cash from Financing Activity-93-163-8131-185-1251-8
Net Cash Flow-00001-04-3
Free Cash Flow9416598-2320198-83-89

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days961151099366855598
Inventory Days154202213251263263152109
Days Payable101154233200169267155176
Cash Conversion Cycle14916389144160815230
Working Capital Days6455665659482843
ROCE %991012212424

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 31 Jul 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters726666666666666666676761
FIIs7.404.603.644.394.825.135.426.556.376.074.1111
DIIs0.150.200.240.240.480.300.250.490.801.661.922.24
Public212930292828282626262726
No. of Shareholders44,63359,50363,08270,01590,62795,7741,00,29496,92391,16086,43187,06488,286

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +1.5% (₹509.90 → ₹517.50)Brick size ₹22.84 (fixed)Bricks 25
₹400₹600₹518Dec '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹517.50 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

12.40

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

899inr_cr

2026-03-31

order book, Rs crore

9,217inr_cr

2026-06-30

order inflow

1,674inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,11,90,693inr

2026-03-31

News

News and filings about Skipper Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • CPVC resin
  • PVC resin
  • steel (angles, wire rod, billets/blooms, HR coil)
  • zinc

Depends on the price of

  • steel
  • zinc

Sells to

  • Adani Green Energy · T&D structures
  • NGCP Philippines · transmission towers
  • Oman Electricity Transmission Company · transmission towers
  • Power Grid Company of Bangladesh · transmission towers
  • Power Grid Corporation · transmission towers & structures
  • Saudi Electricity Company · transmission towers
  • Sterlite Power Transmission Ltd · transmission towers
  • Torrent Power · T&D structures
  • Transgrid Australia · transmission structures

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Heavy Electrical Equipment
Classification
Capital Goods › Heavy Electrical Equipment
ISIN
INE439E01022

Business segments

  • Engineering Products · 79%
  • Infrastructure Projects · 12%
  • Polymer Products · 9%

Plants

  • Skipper Ghoraghata unit
  • Skipper Hyderabad polymer plant
  • Skipper Jangalpur units (BCTL / Unit 1)
  • Skipper Palasbari plant
  • Skipper Uluberia galvanizing & tower plant

News impact

Big market events that reach Skipper Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

8 Sep 2026unspecified₹0.1
16 Sep 2025unspecified₹0.1
12 Sep 2024unspecified₹0.1
12 Sep 2023unspecified₹0.1
12 Aug 2022unspecified₹0.1
20 Sep 2021unspecified₹0.1
18 Sep 2020unspecified₹0.1
2 Aug 2019unspecified₹0.25

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
7 Sep 2026PRAGYA MERCANTILE PVT LTDSELL7,20,000₹599.92

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.