Skipper Q2FY26 Net Profit Jumps 32% YoY to ₹449 Million; Revenue Hits Record ₹12,618 Million

Kolkata, November 7, 2025: Skipper Limited (NSE: SKIPPER, BSE: 538562) reported record Q2FY26 revenue of ₹12,618 million, up 14% YoY, and PAT before exceptional items of ₹449 million, a 32% YoY increase. Positive operational performance, strong order inflows, and expanding margins across domestic and international markets boosted investor sentiment. The stock price of Skipper Limited opened at ₹517, touched an intraday high of ₹530.50, and closed at ₹511, reflecting a 1.28% gain as the market responded favourably to the robust quarterly performance.

Incorporated in 1981, Skipper Limited is a major player in Power transmission and distribution, as well as polymer, serving more than 65 countries in Latin America, Europe and Africa. The company is listed on both NSE and BSE and produces towers, EPC structures, poles and railway electrification structures, as well as high-quality polymer pipes and fittings, used in the agriculture and plumbing industries.

Financial Highlights (Standalone)

Revenue in Q2 FY26 was ₹12,618 million, an increase of 14 percent YoY, the highest second quarter in the history of the company. EBITDA grew 16 percent, and the margins stood at 10.4 percent, whereas PAT before exceptional items grew 32 percent to ₹449 million. The export revenue in H1 FY26 increased 27% on a yearly basis to ₹5,234 million, which indicates a good operational and global performance.

Operational Performance

In Q2FY26, Skipper Limited’s order book reached an all-time high of ₹88,204 million, with 89% domestic and 11% export orders. New order inflows of ₹12,430 million included two major 765kV PGCIL projects in Rajasthan and Madhya Pradesh. H1FY26 order intake rose 33% YoY to ₹32,205 million, supported by a strong bidding pipeline of over ₹300,000 million. Capacity expansion is underway, with a new 75,000 MTPA unit operational and ESG initiatives like waste heat recovery and bag filters implemented.

Management Commentary

Sharan Bansal, Executive Director, Skipper Limited, stated that the results from the second quarter have materially improved the company’s growth momentum, both financially and strategically. He said, “Our record quarterly revenue and EBITDA show our structural strength and the successful mix upgrade into higher-quality information and distribution projects. Margin expansion is now ingrained in our operations.” He mentioned that having an order book of ₹88,204 million and commercial expansion put in place, they are entering a phase of earnings compounding, where volumetric growth would happen alongside margin stability.

Executive Director Devesh Bansal said that the momentum across domestic and global markets is unparalleled. Winning back-to-back 765 kV projects and completing audits with major global utilities only adds to our leadership amongst global manufacturers.

As of November 7, 2025, the share of Skipper Limited was closed at ₹511, down from its previous close of 1.28%. The share opened at ₹517 and marked an intraday high of ₹530.50.

REF: https://nsearchives.nseindia.com/corporate/skipper_07112025151001_PRSEPT2025.pdf

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