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Skipper Ltd share Price Today

Company details

349.75
377.25
133.84
401.00
6M Return 62.81%
1Y Return 165.73%
Mkt Cap.(Cr) 4,144.22
Volume 2,299,578
Div Yield 0.03%
OI
-
OI Chg %
-
Volume 2,299,578

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Construction & Engineering company Skipper announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue: Achieved a remarkable 75.5% increase in revenue, reaching Rs 11,535 million compared to Rs 6,574 million in Q4FY23.
  • EBITDA: Recorded a 51.6% growth in Reported EBITDA, standing at Rs 1,085.4 million in Q4FY24, compared to Rs 716.0 million in the same period last year.
  • Profit Before Tax: Reported a 43.7% increase in Profit Before Tax, reaching Rs 476.0 million in Q4FY24, compared to Rs 331.3 million in Q4FY23.
  • Profit After Tax: Reported a 6.1% growth in Profit After Tax, reaching Rs 251.6 million in Q4FY24, compared to Rs 237.2 million in the previous year’s period.

FY24 Financial Highlights:

  • Revenue: For the full fiscal year FY24, revenue surged to Rs 32,820 million, marking a substantial growth of 65.7% against guidance of 25%.
  • Reported EBITDA: The full-year Reported EBITDA reached Rs 3,194.3 million, reflecting a growth of 65.9%.
  • Profit Before Tax: For the full fiscal year FY24, Reported PBT stood at Rs 1,285.0 million, indicating a growth of 157.3%.
  • Profit After Tax: The full-year Reported PAT surged to Rs 816.7 million, representing a growth of 129.6%.

Commenting on the release Sharan Bansal, Director Skipper, said – “We are immensely proud of Skipper Limited’s exceptional performance in Q4 & FY24, marked by robust revenue growth and profitability. Our strategic initiatives have yielded significant results, as evidenced by the substantial increase in revenue and profitability metrics. The efficient management of working capital and all time high strong order books further underscore our operational excellence and resilience.

We are excited to announce our intention to expand our engineering capacity by another 75,000 MT , from existing 300,000 MTPA to 375,000 MTPA by end of this year. This expansion represents a significant investment in our future and underscores our confidence in the robust demand for our products and services in both domestic and international markets.

Looking ahead, we anticipate a strong revenue performance across major segments, fuelled by pending engineering and infrastructure execution and improving polymer performance. With a proactive approach, we expect to achieve a 25% CAGR growth over the next 2 years. This promising outlook, combined with our strategic vision, positions Skipper limited for sustained success and leadership in the industry”

Result PDF

View Other Company Results

Skipper Ltd shares SWOT Analysis

Strengths (10)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (2)

  • Promoter holding decreased by more than -2% QoQ
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)

Resistance and support

R1 379.6
R2 392.2
R3 407.1
Pivot

364.65

S1 352.1
S2 337.2
S3 324.6
EMA SMA
326.8
319.0
303.7
269.0
318.2
323.9
309.4
269.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-05-02 353.76 633497 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-05-02 353.56 633497 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-03-26 309.61 589917 NSE
Name Category Shares
SKIPPER PLASTICS LIMITED PROMOTER 17.75%
SK BANSAL FAMILY TRUST HELD BY MEERA BANSAL TRUSTEE PROMOTER 9.63%
SK BANSAL UNIT TRUST-HELD BY MEERA BANSAL AS TRUSTEE PROMOTER 9.63%
SK BANSAL LEGACY TRUST-HELD BY SAJAN KUMAR BANSAL TRUSTEE PROMOTER 9.63%
SK BANSAL HERITAGE TRUST HELD BY SAJAN KUMAR BANSAL AS TRUSTEE PROMOTER 9.63%
VENTEX TRADE PRIVATE LIMITED PROMOTER 5.06%
AAKRITI ALLOYS PRIVATE LIMITED PROMOTER 1.95%
SAMRIDDHI FERROUS PRIVATE LIMITED PROMOTER 1.43%
SKIPPER POLYPIPES PRIVATE LIMITED PROMOTER 0.84%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Skipper Ltd Stocks COMPARISON

Financials( in Cr) Skipper Ltd Sterling & Wilson Renewable Energy Ltd Lakshmi Machine Works Ltd Tega Industries Ltd Azad Engineering Ltd
Price 366.95 751.60 16,129.20 1,648.65 1,797.60
% Change 4.80 -0.46 1.24 -0.05 5
Mcap Cr 4,144.22 17,527.46 17,230.82 10,969.29 10,626.15
Revenue TTM Cr 1,980.30 2,015.01 4,719.15 1,213.97 251.68
Net Profit TTM Cr 35.57 -1,174.96 384.02 184.03 8.47
PE TTM 46.16 0.00 46.04 56.60 181.39
1 Year Return 165.73 138.00 31.48 70.72 165.33
ROCE 11.54 0.00 20.40 21.27 15.86
ROE 4.74 0.00 17.74 20.62 5.23
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 767.42 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,088.77 -1,030.79
LAST 3M 113,155.52 -39,495.50
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,038.85 99,015.20

Skipper Ltd Information

Stock PE (TTM)
46.16
Promoter Holding
66.47%
Book Value
87.4029
ROCE
11.54%
ROE
4.74%
Description
  • Skipper Limited was formerly incorporated as Skipper Investments Ltd in 1981. The Company name was changed to Skipper Steels Limited in 1990 and diversified in to manufacture of Telecom Towers and Masts. In 2009, the name once again had got changed to present name `Skipper Limited`. The Company is a part of the Kolkata-based S. K. Bansal Group that was established in 1961 by Mr. Sadhu Ram Bansal. It became a prominent operator in manufacturing tubular poles, towers (telecoms and transmission) and PVC pipes. The Company is presently engaged into manufacturing and selling of Transmission & Distribution Structures (Towers & Poles) as its Engineering Products segment and CPVC, UPVC, PVC, SWR Pipes & Fittings, as its Polymer segment. It is also involved in execution of EPC projects as the infrastructure segment. The Company set up a LPG Cylinder unit in 2001. In 2013, the company set up first tube mill and in 2015 set up first Galvanising plant of the company. In 2006, the company got Powergrid approval for Tower unit and order for 400KV. The company also entered into a manufacturing tie-up with Ramboll, Denmark, world`s largest Tower designing company. In 2007, the company entered into value addition of Steel Tubes as scaffoldings. In 2008, the company Started process of conversion of Tower production process from manual to Automated CNC. In 2009, the company got India`s first order for 800KV transmission tower from PGCIL. The company also Commissioned Uluberia unit with first PVC unit and India`s first double side Tube GI Plant. In 2010, the company entered into backward integration of the two major product verticals Tubes and Towers, by way of Strip mill and Angle mill. The Company completed engineering activities for Mantaro - Montalvo Project in Peru in 2016. It also commissioned the Ahmedabad, Guwahati and Sikandarabad (UP) plants, taking the Company`s combined installed capacity for PVC products to 35000 MT. The Company increased its T&D manufacturing capacity from 100,000 MTPA to 230,000 MTPA in FY2017. It emerged as the largest manufacturer of T&D Structures in India. The Second Guwahati Plant commissioned operations in March, 2017. The Engineering products` capacity enhanced by 35,000 MT during the year 2017 and the total installed capacity stood at 265,000 MT. In 2018, the Company entered Joint Venture with Metzerplas for Micro-irrigation products. It ventured into Solar Mounting Structure and Railway Electrification Sector. It commissioned the largest Tower & Monopole Load Testing Station in India in 2020. In 2021, the Company completed and charged the 400 kV Jigmeling Alipurduar Transmission (JATL) project for Powergrid Corporation Of India Limited (PGCIL) in Assam. It completed 765 kV S/C Fatehgarh 2 to Badla 2 project in 2022.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 538562
NSE Code : SKIPPER
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE439E01022

FAQ’s on Skipper Ltd Shares

You can buy Skipper Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Skipper Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of Skipper Ltd was Rs.366.95.

The latest PE ratio of Skipper Ltd as of Jun 14, 2024 03:59 PM is 46.16

The latest PB ratio of Skipper Ltd as of Jun 14, 2024 03:59 PM is 0.24

The 52-week high of Skipper Ltd share price is Rs. 401.00 while the 52-week low is Rs. 133.84

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:59 PM, the market cap of Skipper Ltd stood at Rs. 4,144.22.

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