BSECompany Update2d ago · 11 Aug 2026, 05:50 pm
Please find enclosed.
Skipper Ltd · 538562
✦ AI Summary▲ PositiveResults
Skipper Ltd has announced its Q1 FY 27 results, with revenue crossing Rs. 13,098 million, the highest-ever first quarter in the company's history, up 4.5% YoY. Profitability strengthened across the board, with EBITDA, PBT and PAT margins all expanding YoY. The company also raised ₹4,335 Mn through a preferential equity issue and CRISIL upgraded its long-term rating credit rating to A+/Stable.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Skipper Ltd - 538562 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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SKPL/SECT/2026-27/63
Date: 11th August, 2026
The Manager The Manager
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street
Plot No. C-1, Block-G Mumbai- 400 001
Bandra Kurla Complex, Bandra (E) Scrip Code- 538562
Mumbai- 400 051
Symbol- SKIPPER
Subject: Press Release on the financial performance of the Company
Dear Sir,
We are forwarding herewith Press Release on the financial performance of the Company for the
quarter ended 30th June, 2026.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Skipper Limited
Anu Singh
Company Secretary & Compliance Officer
Encl: As above
EARNINGS RELEASE
Q1, FY 27 HIGHLIGHTS
Skipper Limited Delivers Highest Ever First Quarter Revenue
Margin Expansion Continues with Stronger Balance Sheet and
Record Order Book
National, 11 August 2026: Skipper Limited (BSE: 538562) and NSE (Symbol: SKIPPER) is one of the world's
leading manufacturers for Power Transmission & Distribution structures. It is a major EPC player in 765 kV
transmission lines and substation, and a prominent manufacturer of Telecom and Railway structures.
Skipper, also a significant player in Polymer Pipes & Fittings industry, announced its results for the first
quarter of FY 27, ended 30th June 2026.
Stand Alone Financials (Rs. in Million)
Particulars Q1 FY'27 Q1 FY'26 Change %
Revenue 13,098 12,539 4.5%
EBITDA 1,401 1,272 10.2%
EBITDA Margin % 10.7% 10.1% +60 bps
Profit Before Tax 757 598 26.6%
PBT Margin % 5.8% 4.8% +100 bps
Profit After Tax 565 447 26.5%
PAT Margin % 4.3% 3.6% +70 bps
Financial Highlights
Revenue crossed Rs. 13,098 million — the highest-ever first quarter in the Company history — up
4.5% YoY, led by strong execution across infrastructure business segments
Profitability strengthened across the board, with EBITDA, PBT and PAT margins all expanding YoY
Delivered a resilient quarter despite geopolitical headwinds impacting export markets, with
disciplined execution driving continued margin expansion
Order Book & Bidding Pipeline
Highest ever closing order book: Rs. 92,166 million; up by 8.4% over March 2026 level of Rs.
85,019 million.
EARNINGS RELEASE
Q1, FY 27 HIGHLIGHTS
Q1 FY’27 order inflow of Rs. 16,744 million; Secured two (2) prestigious 765 kV transmission line
projects from a reputed domestic developer in the state of Maharashtra, strengthening our position
in the high voltage segment.
Bidding pipeline remains at an all-time high level of more than Rs 35 billion, driven by buoyant
domestic and international market opportunities
Company is currently executing 5,200 approx. circuit kilometers of EHV & HVDC transmission line
work as of June 2026.
Other Major Update
Successfully raised ₹4,335 Mn through a preferential equity issue to marquee global and
domestic long-only institutional investors.
CRISIL upgraded company’s long-term rating credit rating to A+ / Stable and reaffirmed CRISIL A1
for short-term facilities.
Director Speaks
Commenting on the results, Mr. Sharan Bansal, Director, Skipper Limited, said: “Q1 FY’27 gets our new
financial year off to a disciplined start. Revenue for the quarter stood at Rs. 13,098 million and PAT at Rs.
565 million, building on the momentum we carried out of FY’26. During the quarter, we also took a decisive
step to strengthen our balance sheet, raising Rs. 4,335 million through a preferential allotment to a high-
quality set of institutional investors. These proceeds will materially reduce our reliance on working-capital
borrowings and give us added flexibility to fund our ongoing growth plans. CRISIL’s upgrade of our long-
term rating to A+/Stable is an independent affirmation of this improving financial profile. We remain firmly
on track to deliver on our FY’27 guidance of around 15% revenue growth and approximately 30% PAT
growth.”
Speaking on the results, Mr. Devesh Bansal, Director, Skipper Limited, said: “The first quarter of FY’27
was one of steady execution and continued capability build-out for our Engineering business. The ongoing
75,000 MTPA capacity expansion is progressing well and likely to be commissioned and operational by end
Q2’26, taking our total installed capacity to 450,000 MTPA from existing 375,000 MTPA. We also deepened
our international footprint with the formation of new wholly-owned subsidiaries in Brazil and UAE; USA
entity is expected to be established soon. Our order book and bidding pipeline remain healthy, and we
continue to see strong engagement from customers across the Middle East, Africa, Europe, North America
and Latin America.”
ABOUT SKIPPER LIMITED
Established in 1981, Skipper Limited has grown into a global leader in the engineering and infrastructure
sector, specialising in the manufacture of transmission and distribution (T&D) structures, including towers
and poles. Over the past four decades, the Company expanded its presence across 65+ global locations
serving multiple industries, including polymer pipes and fittings, railway electrification structures, telecom
EARNINGS RELEASE
Q1, FY 27 HIGHLIGHTS
towers & poles and EPC projects. As India’s largest manufacturer of T&D structures and one of the world’s
only fully integrated players in this sector, Skipper offers end-to-end solutions encompassing design
engineering, steel hot rolling, fabrication, galvanizing, load testing and transmission line EPC services.
With a strong commitment to innovation, quality and sustainability, the Company continues to play a
crucial role in strengthening national infrastructure and positioning India as a preferred global sourcing
hub. Skipper Limited was listed at BSE (538562) and NSE (Symbol: SKIPPER) in 2014 & 2015 respectively.
For further information, please contact:
Sarmistha Ghosh Arnab Sinha Roy
GM – Corporate Communications Director - Public Relations
Skipper Limited Dentsu Creative PR (Perfect Relations)
Mobile: +91 9903979518 Mobile: +91 9831569558
Email: sarmistha.ghosh@skipperlimited.com Email: arnab.roy@dentsu.com