| Revenue growth | Q2 +9.7%; H1 +7.1% YoY |
|---|---|
| Margins | Q2 EBITDA margin 10.5% (+10bps); PAT margin 4.2% (+130bps) |
| Order book | Rs100,657Mn closing; Q2 inflow Rs21,111Mn (+70%) |
| Demand visibility | Record order book Rs100,657Mn; pipeline above Rs35,000Cr |
| Management confidence | 'Well poised to deliver another record year' |
Growth
Q2 revenue +9.7% YoY, EBITDA +10.8%, PAT +55.8%. H1 revenue +7.1%, H1 PAT Rs1,139Mn (+39.7%).
Outlook
Capacity to reach 450,000 MTPA in H2'27 and 600,000 MTPA by FY29. Bidding pipeline above Rs35,000Cr. No numeric revenue guidance given.
Risks
Exports fell ~46% YoY in Q2 on West Asia disruption. Net working capital days rose to 93 from 84 at March 2026.
Last quarter's promises, checked
Delivered
- Orders to 'translate from Q2' → Q2 inflow Rs21,111Mn (+70%) (= BEAT)
- FY27 closing order book ≥INR10,000Cr → Rs100,657Mn at Q2, mid-year (= BEAT)
- Higher Infra growth → Q2 Infra +44.5% YoY (= BEAT)
Partly delivered
- FY27 revenue ~15% → H1 +7.1% YoY (= PARTIAL)
- FY27 order inflow ≥INR7,000Cr → Q1 ~INR1,674Cr, Q2 Rs21,111Mn (= PARTIAL)
- FY27 Polymer top-line +20% → Q2 PVC +11.1% YoY (= PARTIAL)
Missed
- 75,000 MTPA capacity commissioned by end-Q2 → slipped to H2'27 (= MISS)
- Export inflow +50% (~INR1,100Cr) → Q2 exports -46% YoY (= MISS)
- Engg slowdown 'temporary this year' → Q2 Engg +4.3% YoY (= MISS)
Investor Presentation filed with NSE, NSE: SKIPPER. Summary written with AI assistance from the document.
Skipper Ltd: key numbers
- Share price
- ₹504.00
- Market cap
- ₹5,690 Cr
- Revenue (annual)
- ₹5,553 Cr
- Net profit (annual)
- ₹213.1 Cr
- P/E (TTM)
- 25.3×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 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.
Skipper Merger & Restructuring Worth ₹0.18 Cr
Skipper remitted USD 19,560 to its Brazilian subsidiary, lifting its share capital to BRL 1,01,144.76. The amount is within the Board-approved limit of USD 20,000.
- Value
- ₹0.18 Cr
Skipper Credit Rating
Skipper Limited received a reaffirmed credit rating from CRISIL Ratings for its bank facilities. This regulatory disclosure informs investors of the company's current credit standing.
Skipper Other Announcement
Skipper Ltd has filed its quarterly shareholding pattern for the period ending September 30, 2026. The disclosure details the current equity distribution among its shareholders.