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 ₹ 3,507 Cr.
- Current Price ₹ 323
- High / Low ₹ 401 / 90.9
- Stock P/E 43.7
- Book Value ₹ 71.1
- Dividend Yield 0.03 %
- ROCE 12.0 %
- ROE 4.72 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Debtor days have improved from 89.4 to 66.4 days.
Cons
- Stock is trading at 4.55 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -5.63%
- Company has a low return on equity of 3.75% over last 3 years.
- Dividend payout has been low at 3.92% of profits over last 3 years
* 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
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 | TTM | |
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1,871 | 1,391 | 1,582 | 1,707 | 1,980 | 2,786 | |
1,689 | 1,251 | 1,436 | 1,542 | 1,787 | 2,503 | |
Operating Profit | 182 | 140 | 145 | 165 | 193 | 282 |
OPM % | 10% | 10% | 9% | 10% | 10% | 10% |
1 | 2 | 4 | 4 | 8 | 16 | |
Interest | 102 | 85 | 74 | 94 | 105 | 134 |
Depreciation | 38 | 38 | 45 | 48 | 47 | 50 |
Profit before tax | 43 | 18 | 30 | 27 | 50 | 114 |
Tax % | 27% | -129% | 30% | 6% | 29% | |
31 | 41 | 21 | 25 | 36 | 80 | |
EPS in Rs | 2.76 | 3.65 | 1.90 | 2.23 | 3.15 | 7.10 |
Dividend Payout % | 8% | 2% | 5% | 4% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
TTM: | 49% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | -4% |
TTM: | 120% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | 37% |
3 Years: | 76% |
1 Year: | 259% |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | 4% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 638 | 677 | 698 | 722 | 757 | 793 |
523 | 454 | 448 | 575 | 494 | 730 | |
481 | 572 | 763 | 777 | 961 | 1,202 | |
Total Liabilities | 1,653 | 1,713 | 1,919 | 2,084 | 2,223 | 2,734 |
514 | 579 | 657 | 657 | 697 | 726 | |
CWIP | 8 | 11 | 12 | 14 | 7 | 22 |
Investments | 9 | 9 | 10 | 7 | 10 | 13 |
1,121 | 1,114 | 1,241 | 1,406 | 1,508 | 1,973 | |
Total Assets | 1,653 | 1,713 | 1,919 | 2,084 | 2,223 | 2,734 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
134 | 214 | 180 | 17 | 284 | |
-41 | -51 | -100 | -48 | -98 | |
-93 | -163 | -81 | 31 | -185 | |
Net Cash Flow | -0 | 0 | 0 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 96 | 115 | 109 | 93 | 66 |
Inventory Days | 154 | 202 | 213 | 251 | 263 |
Days Payable | 101 | 154 | 233 | 200 | 169 |
Cash Conversion Cycle | 149 | 163 | 89 | 144 | 160 |
Working Capital Days | 126 | 124 | 109 | 132 | 113 |
ROCE % | 9% | 9% | 10% | 12% |
Documents
Announcements
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Clarification On Price Movement
23h - Company has made all the required disclosures pursuant to regulation 30 of SEBI (LODR) Regulations, 2015 from time to time. Presently there is no further …
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Clarification Sought from Skipper Ltd
1d - Exchange has sought clarification from Skipper Ltd on March 27, 2024 with reference to significant movement in price, in order to ensure that investors have …
- Closure of Trading Window 1d
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
22 Mar - Copy of the communication sent to out shareholders to bring the provisions of SEBI circular dated 17th November, 2023, regarding update on simplified norms for …
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
22 Mar - Copy of the communication sent to our shareholders, informing about the Online Dispute Resolution (ODR) mechanism to facilitate online resolution of disputes.
Annual reports
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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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Financial Year 2007
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Concalls
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Jan 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018Transcript PPT
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Dec 2017Transcript PPT
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May 2017Transcript PPT
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Feb 2017TranscriptPPT
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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]