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 ₹ 6,089 Cr.
- Current Price ₹ 541
- High / Low ₹ 665 / 215
- Stock P/E 54.9
- 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 6.54 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 Allcap BSE Industrials 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: | 18% |
5 Years: | 63% |
3 Years: | 95% |
1 Year: | 136% |
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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Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure
Requirements), Regulations, 2015, As Amended Wrt., Receipt Of Call Money In Respect Of First And Final Call On The Outstanding Partly Paid-Up Rights Equity Shares Of The Company
31 Dec - Receipt of call money for rights equity shares.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
31 Dec - Schedule of institutional investor meetings announced.
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Clarification Regarding Discrepancies In Financial Results
30 Dec - Clarification on discrepancies in financial results.
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Closure of Trading Window
27 Dec - Closure of trading window until financial results declaration.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Dec - Of Schedule of Institutional Investor Meeting under regulation 30 of SEBI (LODR), Regulations 2015
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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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]