SKIPPER
Skipper Limited
NSELast Traded Price
₹545.8
-12.3 (-2.2%)
Open
₹557.95
High
₹559.95
Low
₹540.3
Prev Close
₹558.1
Industry
Heavy Electrical Equipment
Market Cap
6162.30 Cr
Filing History
Recent corporate announcements and filings for SKIPPER
Business Update
Positive
2026-08-27 11:50
- Order Win: Skipper Limited won orders for several Domestic & International T&D projects including supply of transmission towers/monopoles for North America and two 765 Kv transmission line projects from a domestic developer.
- Order Value: ₹1,305 Crores.
Financials
Positive
2026-08-22 15:20
- Skipper Limited revised the Record Date for payment of Final Dividend for FY 2025-26 from 4th September, 2026 to 8th September, 2026.
Financials
Positive
2026-08-22 15:16
- Revised Record Date for payment of Final Dividend for FY 2025-26 is 8th September, 2026. Prior record date was 4th September, 2026.
- The dividend payment is subject to approval by shareholders at the ensuing Annual General Meeting.
Financials
Positive
2026-08-22 14:54
- Board recommended a dividend of ₹0.10 per equity share for FY 2025-26.
- Dividend will be paid post-AGM declaration on September 15, 2026, with a Record Date of September 8, 2026.
- Communication details Tax Deduction at Source (TDS) on dividend, requiring shareholders to update details by September 8, 2026.
Governance
Neutral
2026-08-22 14:46
- The 45th Annual General Meeting (AGM) of Skipper Limited will be held on Tuesday, September 15, 2026, at 11:30 A.M. (IST) via Video Conferencing/Other Audio Visual Means.
- The Integrated Annual Report for FY 2025-26 and AGM Notice have been sent electronically to shareholders.
- Record date for Dividend and Cut-off date for e-Voting is September 8, 2026.
- E-Voting will commence on September 12, 2026 (09:00 a.m.) and conclude on September 14, 2026 (05:00 p.m.).
- AGM notice and Annual Report are available on the company's website and stock exchange websites.
Business Update
Positive
2026-08-18 12:09
- The company maintains its FY27 revenue growth guidance at 15%, with Q1 FY27 revenue growing 4.5% YoY to ₹1,310 crores.
- FY27 order inflow is targeted at ₹7,000 crores+, leading to a closing order book exceeding ₹10,000 crores.
- Export order inflow is expected to jump over 50% in FY27 compared to last year, targeting ₹1,100 crores.
- Aspirational long-term EBITDA margin target is 12%, with Q1 FY27 EBITDA margin at 10.7% (▲60 bps YoY).
- Finance cost for FY27 is expected to be 3.2%-3.5% of revenue, benefiting from the ₹433.5 crores preferential equity raise used for debt repayment.
- 75,000 tons capacity expansion will be operational in H2 FY27, increasing total manufacturing capacity to 450,000 tons per annum.
- The company expects FY27 to be H2 weighted with stronger growth momentum.
- Long-term outlook for the power transmission sector remains exceptionally strong, and the Polymer segment is guided for 20% top-line growth in FY27.
- Legacy low-margin contracts are almost negligible in the order book and expected to be cleared this year.
- CRISIL upgraded the long-term credit rating to A+ stable in July.
Business Update
Neutral
2026-08-12 18:14
- Audio recording of the conference call held on August 12, 2026, for discussion on Q1FY27 Results is available.
- The recording can be accessed on Skipper Limited's website.
Financials
Positive
2026-08-11 18:22
- Q1 FY27 Standalone Revenue ₹13,098Mn vs ₹12,539Mn (▲4.5% YoY)
- EBITDA ₹1,401Mn vs ₹1,272Mn (▲10.2% YoY)
- PAT ₹565Mn vs ₹447Mn (▲26.5% YoY)
- EBITDA Margin 10.7% vs 10.1% (▲60bps)
- Achieved highest-ever first quarter revenue and record closing order book of ₹92,166Mn.
- Successfully raised ₹4,335Mn through preferential equity issue; CRISIL upgraded credit rating to A+/Stable.
- FY27 guidance for ~15% revenue growth and ~30% PAT growth.
Financials
Positive
2026-08-11 16:27
- Q1 FY27 Consolidated Revenue ₹1,309.83Cr vs ₹1,253.86Cr (▲4.5% YoY)
- EBITDA ₹140.11Cr vs ₹127.17Cr (▲10.2% YoY)
- PAT ₹56.47Cr vs ₹44.66Cr (▲26.5% YoY)
- EBITDA Margin 10.7% vs 10.1% (▲60bps)
Financials
Positive
2026-08-11 13:46
- Q1 FY27 Consolidated Revenue ₹1,309.83Cr vs ₹1,253.86Cr (▲4.46% YoY)
- EBITDA ₹140.45Cr vs ₹127.76Cr (▲9.94% YoY)
- PAT ₹56.81Cr vs ₹45.26Cr (▲25.54% YoY)
- EBITDA Margin 10.72% vs 10.19% (▲53bps)
Financials
Positive
2026-08-11 13:43
- Q1 FY27 Consolidated Revenue ₹1,309.83Cr vs ₹1,253.86Cr (▲4.5% YoY)
- EBITDA ₹140.45Cr vs ₹127.76Cr (▲9.9% YoY)
- PAT ₹56.81Cr vs ₹45.26Cr (▲25.5% YoY)
- EBITDA Margin 10.72% vs 10.19% (▲53bps)
- The Board approved the Unaudited Financial Results for the quarter ended 30th June, 2026.
- The 45th Annual General Meeting (AGM) will be held on Tuesday, September 15, 2026.
- The Cut-off/Record date for remote e-voting and dividend declaration is Friday, September 04, 2026.
Financials
Positive
2026-08-11 13:40
- Q1 FY27 Consolidated Revenue ₹1,309.83Cr vs ₹1,253.86Cr (▲4.46% YoY)
- EBITDA ₹140.45Cr vs ₹127.76Cr (▲9.94% YoY)
- PAT ₹56.81Cr vs ₹45.26Cr (▲25.53% YoY)
- EBITDA Margin 10.72% vs 10.19% (▲53bps)
- Board approved the Unaudited Financial Results for the quarter ended June 30, 2026.
- 45th Annual General Meeting (AGM) to be held on Tuesday, September 15, 2026.
- Cut-off/Record date for remote e-voting and dividend declaration is Friday, September 04, 2026.
Business Update
Neutral
2026-08-07 16:23
- Concall Schedule
- Concall Date: Wednesday, August 12, 2026
- Concall Time: 04:00 p.m. IST
Governance
Neutral
2026-08-07 12:37
- Skipper Limited cancelled the previously intimated record date of August 17, 2026, for dividend.
- A new record date will be fixed at the upcoming Board Meeting on August 11, 2026.
Business Update
Neutral
2026-08-05 16:36
- Concall Schedule
- Concall Date: August 11, 2026
- Concall Time: 17:00 hrs IST (5:00 p.m.)
Governance
Negative
2026-08-03 18:17
CRITICAL RED FLAG DETECTED
- Intimation of the demise of Mr. Ashok Bhandari, an Independent Director of the company, on August 3, 2026.
- He had been serving since September 6, 2017, and was a member of the Audit Committee, Nomination and Remuneration Committee, and Those Charged with Governance Committee.
Ownership
Positive
2026-07-31 18:24
- Allotment of 92,23,402 Equity Shares on a preferential basis at an issue price of ₹470/- per share (face value ₹1/- each).
- The company raised ₹4,33,49,98,940 (Rupees Four Hundred Thirty Three Crores Forty Nine Lakhs Ninety Eight Thousand Nine Hundred and Forty Only).
- This increases the issued, subscribed, and paid-up equity share capital.
Ownership
Positive
2026-07-31 18:20
- Allotment of 92,23,402 equity shares on a preferential basis on July 31, 2026.
- Raised ₹4,33,49,98,940 at an issue price of ₹470 per share.
- Post-issue paid-up capital increased from 11,29,04,035 to 12,21,27,437 equity shares.
Business Update
Positive
2026-07-24 18:50
- The Principal Commissioner (Appeals) CGST & CX, Appeal-I, Kolkata, has set aside the department's appeal against the dropping of a tax demand of ₹10,21,17,234.
- This effectively confirms the original decision to drop the tax demand related to alleged differences in unbilled revenue for FY 2017-18 and FY 2018-19.
Business Update
Positive
2026-07-04 12:21
- Skipper Limited's Long Term Bank Facilities rating upgraded to Crisil A+/Stable.
- Short Term Bank Facilities rating of Crisil A1 reaffirmed.
- Total Long Term facilities enhanced to ₹4621 crore from ₹4301 crore.
Ownership
Neutral
2026-06-30 18:15
- Skipper Limited discloses an inter-se transfer of 4,24,627 equity shares (0.38% of total diluted share capital) between promoter group entities.
- Ventex Trade Private Limited (member of promoter group) acquired the shares from Utsav Ispat LLP (member of promoter group).
- The acquisition took place on June 29, 2026, through a Block deal.
Governance
Positive
2026-06-26 15:58
- EGM held on June 26, 2026, approved the Special Resolution for the Issuance of Equity Shares on Private Placement Basis.
- The resolution passed with requisite majority, with 99.9999% of valid votes cast in favor.
Governance
Positive
2026-06-26 15:56
- EGM held on 26th June 2026 to consider the E-Voting results and Scrutinizer's Report.
- All agenda items, including the resolution for 'Issuance of Equity Shares on Private Placement Basis', passed with requisite majority (99.9999% in favour).
Governance
Positive
2026-06-26 12:59
- EGM held on June 26, 2026, via Video Conferencing.
- Shareholders approved a Special Resolution for the Issue of Equity Shares on a Preferential Basis.
- Proceeds are intended to support the Company's growth strategy and revenue generation opportunities.
- E-voting results will be declared by June 30, 2026.
Routine
Neutral
2026-06-25 18:03
- Trading Window for designated persons and their immediate relatives will remain closed from July 1, 2026.
- Closure is till 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.
Business Update
Neutral
2026-06-24 16:37
- CARE Ratings Limited re-affirmed the credit rating for Skipper Limited's Short Term Bank Facilities of ₹150.00 crore as CARE A1. The rating action is 'Reaffirmed'.
Governance
Neutral
2026-06-12 16:15
- Skipper Limited issued a Corrigendum to the Notice of Extra Ordinary General Meeting (EGM) scheduled for June 26, 2026.
- The corrigendum revises the Explanatory Statement concerning the basis for the minimum price of equity share issuance.
- The minimum price for issuance of Equity Shares has been determined as Rs. 469.81, based on the higher of 90-day and 10-day VWAP as of May 27, 2026.
Business Update
Neutral
2026-06-11 17:00
- Intimation of participation in Investors Conference
- Event: Systematix Promoters & Founders Forum 2026 - Investor Conference
- Date: Tuesday, 16th June, 2026
- Mode: Physical
Business Update
Negative
2026-06-10 17:30
CRITICAL RED FLAG DETECTED
- The Office of the Assistant Commissioner, Kolkata, has filed an appeal against the order dated December 1, 2025, which previously dropped a tax demand of ₹10,21,17,234 for alleged differences in unbilled revenue for FY 2017-18 and FY 2018-19. The company received this intimation on June 9, 2026.
- The company will file an objection within the stipulated time.
Governance
Neutral
2026-06-08 18:17
- E-voting results for Postal Ballot held on June 8, 2026, declared.
- All resolutions passed with requisite majority, including amendment of Articles of Association and revision of remuneration for four Whole-Time Directors/KMP.
Governance
Neutral
2026-06-08 18:16
- Skipper Limited announced the e-voting results of its Postal Ballot on June 8, 2026.
- All resolutions, including the amendment to the Articles of Association and revision of remuneration for the Chairman & Managing Director and three Whole Time Directors, were passed with requisite majority.
Governance
Neutral
2026-06-06 17:58
- The company has informed about the conclusion of the e-voting for a Postal Ballot on June 6, 2026. Shareholders' approval was sought for AOA amendment and revision in remuneration for the Chairman & MD and three Whole Time Directors. Results will be intimated shortly.
Governance
Neutral
2026-06-05 15:18
- Skipper Limited announced an Extra-Ordinary General Meeting (EGM) on Friday, June 26, 2026, at 11:30 A.M. (IST) via Video Conferencing/Other Audio Visual Means.
- The cut-off date for e-voting eligibility is June 19, 2026.
- E-voting will start on June 23, 2026 (09:00 a.m.) and end on June 25, 2026 (05:00 p.m.).
Governance
Positive
2026-06-04 15:06
- An Extra Ordinary General Meeting (EGM) is scheduled for June 26, 2026, at 11:30 a.m. via VC/OAVM.
- The EGM is to approve a preferential issue of up to 92,23,402 Equity Shares at ₹470 each, aggregating approx. ₹433.5 Crores.
- Shares will be allotted to non-promoter institutional investors.
Business Update
Positive
2026-06-03 18:51
- Skipper Limited has incorporated a Wholly Owned Subsidiary (WOS) named SKIPPER TRANSMISSION AND DISTRIBUTION - L.L.C - S.P.C in Abu Dhabi.
- The WOS is 100% owned by Skipper Limited with a share capital of AED 100,000.
- The subsidiary's objectives include trading in telecommunication equipment, alternative energy equipment, and electric generators, as part of the company's long-term strategy to expand global operations.
Business Update
Positive
2026-06-03 15:43
- Board approved raising ₹433.50 Crores (approx.) through preferential allotment of up to 92.23 lakh equity shares at ₹470 each to non-promoter investors.
- An Extra Ordinary General Meeting (EGM) is scheduled for June 26, 2026, for shareholder approval.
Routine
Neutral
2026-05-29 17:59
Skipper Limited has issued an intimation regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This applies to shareholders who have not claimed their dividend for seven consecutive years, starting from the financial year 2018-19. Shareholders must claim their outstanding dividends and shares by August 20, 2026, otherwise, the shares will be transferred to the IEPF DEMAT Account.
Routine
Neutral
2026-05-29 17:45
Skipper Limited has intimated holders of physical securities about the mandatory requirement to furnish KYC details and nomination as per SEBI Master Circulars dated May 7, 2024, and June 10, 2024. The company advises that non-KYC compliant folios will not be eligible for dividends. Shareholders are requested to download the prescribed forms from the company or RTA website and submit them for compliance.
Governance
Neutral
2026-05-29 15:12
Skipper Limited announced a Board Meeting on June 3rd, 2026, to consider raising funds. The fundraising could involve issuing equity shares, debentures, warrants, preference shares, or other debt instruments through various modes like further public offer, rights issue, private placement, or Qualified Institutions Placement (QIP). The board will also fix the date for an Extra-ordinary General Meeting/Postal Ballot. The trading window for dealing in company securities is closed with immediate effect.
Business Update
Neutral
2026-05-26 11:58
Skipper Limited's management will participate in the 360 ONE Capital (B&K) Annual Investor Conference - TRINITY INDIA 2026 on Friday, 29th May, 2026. The meeting will be held in physical mode.