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 49.2
- Book Value ₹ 85.1
- Dividend Yield 0.02 %
- ROCE 20.6 %
- ROE 9.83 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 20.9% CAGR over last 5 years
- Company's working capital requirements have reduced from 108 days to 78.9 days
Cons
- Stock is trading at 6.25 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.18% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
1,871 | 1,391 | 1,582 | 1,707 | 1,980 | 3,282 | 4,157 | |
1,689 | 1,251 | 1,436 | 1,542 | 1,787 | 2,961 | 3,755 | |
Operating Profit | 182 | 140 | 145 | 165 | 193 | 321 | 402 |
OPM % | 10% | 10% | 9% | 10% | 10% | 10% | 10% |
1 | 2 | 4 | 4 | 8 | 15 | 17 | |
Interest | 102 | 85 | 74 | 94 | 105 | 155 | 198 |
Depreciation | 38 | 38 | 45 | 48 | 47 | 53 | 57 |
Profit before tax | 43 | 18 | 30 | 27 | 50 | 128 | 164 |
Tax % | 27% | -129% | 30% | 6% | 29% | 36% | |
31 | 41 | 21 | 25 | 36 | 82 | 111 | |
EPS in Rs | 2.76 | 3.65 | 1.90 | 2.23 | 3.15 | 7.23 | 9.83 |
Dividend Payout % | 8% | 2% | 5% | 4% | 3% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 28% |
TTM: | 71% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 58% |
TTM: | 60% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 59% |
3 Years: | 95% |
1 Year: | 112% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 11 | 11 |
Reserves | 638 | 677 | 698 | 722 | 757 | 887 | 950 |
523 | 454 | 448 | 575 | 494 | 592 | 763 | |
481 | 572 | 763 | 777 | 961 | 1,655 | 1,691 | |
Total Liabilities | 1,653 | 1,713 | 1,919 | 2,084 | 2,223 | 3,145 | 3,415 |
514 | 579 | 657 | 657 | 697 | 749 | 783 | |
CWIP | 8 | 11 | 12 | 14 | 7 | 16 | 27 |
Investments | 9 | 9 | 10 | 7 | 10 | 17 | 17 |
1,121 | 1,114 | 1,241 | 1,406 | 1,508 | 2,362 | 2,588 | |
Total Assets | 1,653 | 1,713 | 1,919 | 2,084 | 2,223 | 3,145 | 3,415 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
134 | 214 | 180 | 17 | 284 | 199 | |
-41 | -51 | -100 | -48 | -98 | -187 | |
-93 | -163 | -81 | 31 | -185 | -12 | |
Net Cash Flow | -0 | 0 | 0 | 0 | 1 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 96 | 115 | 109 | 93 | 66 | 85 |
Inventory Days | 154 | 202 | 213 | 251 | 263 | 263 |
Days Payable | 101 | 154 | 233 | 200 | 169 | 267 |
Cash Conversion Cycle | 149 | 163 | 89 | 144 | 160 | 81 |
Working Capital Days | 126 | 124 | 109 | 132 | 113 | 79 |
ROCE % | 9% | 9% | 10% | 12% | 21% |
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 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]