Skipper Ltd
Skipper Ltd is engaged in manufacturing and selling of Transmission & Distribution Structures and Pipes & Fittings. It also undertakes EPC projects in the infrastructure segment. [1]
- Market Cap ₹ 5,459 Cr.
- Current Price ₹ 532
- High / Low ₹ 619 / 207
- Stock P/E 50.9
- Book Value ₹ 84.6
- Dividend Yield 0.02 %
- ROCE 20.3 %
- ROE 9.02 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 18.7% CAGR over last 5 years
- Company's working capital requirements have reduced from 108 days to 78.9 days
Cons
- Stock is trading at 6.29 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.90% over last 3 years.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -5.41%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Engineering Industry: Engineering
Part of BSE Industrials BSE Allcap BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
898 | 1,039 | 1,310 | 1,501 | 1,665 | 2,074 | 1,871 | 1,391 | 1,582 | 1,707 | 1,980 | 3,282 | 4,157 | |
808 | 920 | 1,082 | 1,273 | 1,392 | 1,769 | 1,689 | 1,251 | 1,436 | 1,539 | 1,787 | 2,961 | 3,754 | |
Operating Profit | 90 | 118 | 228 | 227 | 273 | 305 | 182 | 140 | 145 | 168 | 193 | 321 | 403 |
OPM % | 10% | 11% | 17% | 15% | 16% | 15% | 10% | 10% | 9% | 10% | 10% | 10% | 10% |
1 | 2 | 1 | 5 | 3 | 1 | 1 | 2 | 4 | 4 | 5 | 8 | 12 | |
Interest | 51 | 69 | 70 | 65 | 68 | 79 | 102 | 85 | 74 | 94 | 105 | 155 | 198 |
Depreciation | 13 | 15 | 22 | 24 | 32 | 46 | 38 | 38 | 45 | 48 | 47 | 53 | 57 |
Profit before tax | 28 | 37 | 137 | 143 | 177 | 180 | 43 | 18 | 30 | 30 | 47 | 122 | 160 |
Tax % | 33% | 27% | 35% | 34% | 30% | 35% | 27% | -128% | 30% | 6% | 31% | 39% | |
19 | 27 | 89 | 95 | 124 | 118 | 31 | 41 | 21 | 29 | 33 | 75 | 107 | |
EPS in Rs | 1.75 | 2.39 | 7.93 | 8.46 | 11.04 | 10.44 | 2.76 | 3.67 | 1.87 | 2.53 | 2.90 | 6.61 | 9.50 |
Dividend Payout % | 5% | 6% | 15% | 15% | 13% | 14% | 8% | 2% | 5% | 4% | 3% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 28% |
TTM: | 71% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 19% |
3 Years: | 54% |
TTM: | 76% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 59% |
3 Years: | 95% |
1 Year: | 112% |
Return on Equity | |
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10 Years: | 11% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 |
Reserves | 196 | 221 | 294 | 371 | 522 | 627 | 638 | 677 | 698 | 725 | 758 | 881 | 944 |
424 | 440 | 383 | 468 | 436 | 496 | 523 | 454 | 440 | 568 | 485 | 579 | 763 | |
156 | 211 | 377 | 341 | 423 | 610 | 481 | 572 | 772 | 784 | 970 | 1,668 | 1,691 | |
Total Liabilities | 787 | 882 | 1,064 | 1,190 | 1,391 | 1,744 | 1,653 | 1,713 | 1,919 | 2,087 | 2,223 | 3,138 | 3,409 |
326 | 339 | 351 | 385 | 497 | 521 | 514 | 579 | 657 | 657 | 697 | 749 | 783 | |
CWIP | 4 | 8 | 3 | 40 | 14 | 2 | 8 | 11 | 12 | 14 | 7 | 16 | 27 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 10 | 10 | 11 | 11 | 10 | 10 |
457 | 535 | 709 | 765 | 880 | 1,221 | 1,121 | 1,114 | 1,241 | 1,406 | 1,508 | 2,362 | 2,588 | |
Total Assets | 787 | 882 | 1,064 | 1,190 | 1,391 | 1,744 | 1,653 | 1,713 | 1,919 | 2,087 | 2,223 | 3,138 | 3,409 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-62 | 101 | 174 | 65 | 176 | 80 | 134 | 214 | 180 | 17 | 284 | 199 | |
-56 | -32 | -32 | -92 | -79 | -42 | -41 | -51 | -100 | -48 | -98 | -187 | |
122 | -79 | -116 | 13 | -110 | -39 | -93 | -163 | -81 | 31 | -185 | -12 | |
Net Cash Flow | 4 | -10 | 26 | -14 | -13 | -1 | -0 | 0 | 0 | 0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 81 | 105 | 91 | 82 | 91 | 96 | 115 | 109 | 93 | 66 | 85 |
Inventory Days | 127 | 110 | 95 | 96 | 123 | 155 | 154 | 202 | 213 | 251 | 263 | 263 |
Days Payable | 62 | 75 | 100 | 82 | 97 | 135 | 101 | 154 | 233 | 200 | 169 | 267 |
Cash Conversion Cycle | 128 | 116 | 99 | 105 | 108 | 111 | 149 | 163 | 89 | 144 | 160 | 81 |
Working Capital Days | 114 | 100 | 72 | 94 | 101 | 108 | 126 | 124 | 109 | 132 | 113 | 79 |
ROCE % | 14% | 16% | 31% | 27% | 27% | 25% | 13% | 9% | 9% | 10% | 12% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
14 Nov - Appointment of Mr. G. Seshadri Sainath as President.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Nov - Copies of newspaper publication made on 11th November, 2024.
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Statement Of Deviation (S) Or Variation(S) Under Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Quarter Ended 30Th September, 2024
5 Nov - Statement confirming no deviation in rights issue funds usage.
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Submission Of Monitoring Agency Report Under Regulation 82(4) Of SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2018, For The Quarter Ended 30Th September, 2024.
5 Nov - Submission of Monitoring Agency Report for Rights Issue.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2 Nov - Transcript of Q2 FY '25 earnings conference call.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2010
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Financial Year 2009
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Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Feb 2024TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Dec 2017Transcript PPT
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Nov 2016TranscriptPPT
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Aug 2016Transcript PPT
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Aug 2016TranscriptNotesPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptNotesPPT
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Nov 2015TranscriptNotesPPT
Market Leadership
Skipper is the market leader in the manufacture of T&D structures and distribution poles. It is positioned among the 10 largest global T&D structure manufacturers. [1] It is India’s largest and world's only Integrated T&D company having its own Structure rolling, manufacturing, Tower Load Testing Station & Transmission Line EPC. [2]