Skipper Ltd.
•2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Engineering Products: 76.1% • Infrastructure Projects: 14.6% • Polymer Products: 9.3%
PROS
- Company has delivered good profit growth of 28.6% CAGR over last 5 years
- Company has delivered good sales growth of 27.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.51x)
- Latest quarter profit grew 26.5% YoY, showing strong momentum
- Working capital cycle has improved - days down from 62 to 37
- Company generates healthy free cash flow
CONS
- Company has a low return on equity of 9.1% over last 3 years
- Interest coverage is weak at 1.9x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BHEL | 418.50 | 59.91 | 145724.35 | 0.33 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| 2. | THERMAX | 4024.55 | 80.82 | 47955.05 | 0.50 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| 3. | INDOMIM | 966.60 | 89.58 | 47796.52 | 0.61 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| 4. | KIRLOSENG | 2081.95 | 55.47 | 30296.51 | 0.34 | 111.06 | -20.05 | 1999.53 | 13.36 | 14.46 | 15.02 |
| 5. | JYOTICNC | 951.90 | 67.29 | 21648.40 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 23.88 | 21.40 |
| 6. | AZAD | 2827.20 | 131.38 | 18258.55 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.28 | 37.29 |
| 7. | TRITURBINE | 569.95 | 53.88 | 18118.62 | 0.75 | 51.10 | -20.65 | 442.70 | 19.23 | 35.95 | 11.59 |
| 8. | INOXINDIA | 1932.55 | 68.83 | 17540.50 | 0.10 | 58.07 | -4.98 | 370.79 | 9.18 | 33.54 | 20.46 |
| 9. | LLOYDSENGG | 92.99 | 64.48 | 14423.11 | 0.27 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| 10. | TEGA | 1724.35 | 613.12 | 12954.64 | 0.12 | -108.25 | -406.36 | 1723.44 | 383.99 | 18.56 | 3.27 |
| 11. | KRN | 1502.65 | 101.46 | 9836.12 | 0.00 | 32.90 | 164.84 | 252.32 | 118.87 | 21.21 | 19.44 |
| 12. | SKIPPER | 549.45 | 29.87 | 6710.29 | 0.02 | 56.81 | 25.54 | 1309.83 | 4.46 | 24.49 | 10.72 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 555 | 772 | 802 | 1,154 | 1,092 | 1,110 | 1,135 | 1,288 | 1,254 | 1,262 | 1,371 | 1,667 | 1,310 | |
| 494 | 699 | 725 | 1,045 | 987 | 997 | 1,024 | 1,164 | 1,127 | 1,131 | 1,229 | 1,493 | 1,239 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 2 | 2 | 3 | 3 | 3 | 4 | 9 | 3 | 4 | 2 | 2 | 4 |
| Interest | 28 | 35 | 39 | 52 | 51 | 55 | 50 | 56 | 53 | 54 | 56 | 54 | 47 |
| Depreciation | 12 | 13 | 13 | 14 | 15 | 15 | 17 | 17 | 18 | 19 | 22 | 22 | 22 |
| 21 | 28 | 26 | 46 | 42 | 45 | 48 | 59 | 60 | 52 | 65 | 99 | 76 | |
| Tax % | 33.43% | 31.60% | 32.59% | 48.42% | 25.27% | 25.33% | 25.58% | 24.98% | 25.29% | 28.38% | 23.32% | 23.59% | 25.35% |
| Net Profit | 14 | 19 | 18 | 24 | 32 | 34 | 36 | 44 | 45 | 37 | 50 | 76 | 56 |
| 1 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 7 | 0 | |
| Equity Capital | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 555
- 494
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 28
- Depreciation
- 12
- 21
- Tax %
- 33.43%
- Net Profit
- 14
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 772
- 699
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 35
- Depreciation
- 13
- 28
- Tax %
- 31.60%
- Net Profit
- 19
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 802
- 725
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 39
- Depreciation
- 13
- 26
- Tax %
- 32.59%
- Net Profit
- 18
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,154
- 1,045
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 52
- Depreciation
- 14
- 46
- Tax %
- 48.42%
- Net Profit
- 24
- 2
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,092
- 987
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 51
- Depreciation
- 15
- 42
- Tax %
- 25.27%
- Net Profit
- 32
- 3
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,110
- 997
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 55
- Depreciation
- 15
- 45
- Tax %
- 25.33%
- Net Profit
- 34
- 3
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,135
- 1,024
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 50
- Depreciation
- 17
- 48
- Tax %
- 25.58%
- Net Profit
- 36
- 3
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,288
- 1,164
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 56
- Depreciation
- 17
- 59
- Tax %
- 24.98%
- Net Profit
- 44
- 4
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,254
- 1,127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 53
- Depreciation
- 18
- 60
- Tax %
- 25.29%
- Net Profit
- 45
- 4
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,262
- 1,131
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 54
- Depreciation
- 19
- 52
- Tax %
- 28.38%
- Net Profit
- 37
- 3
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,371
- 1,229
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 56
- Depreciation
- 22
- 65
- Tax %
- 23.32%
- Net Profit
- 50
- 4
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,667
- 1,493
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 54
- Depreciation
- 22
- 99
- Tax %
- 23.59%
- Net Profit
- 76
- 7
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,310
- 1,239
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 47
- Depreciation
- 22
- 76
- Tax %
- 25.35%
- Net Profit
- 56
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,506 | 1,665 | 2,074 | 1,871 | 1,391 | 1,582 | 1,707 | 1,980 | 3,282 | 4,624 | 5,609 | |
| 1,279 | 1,445 | 1,798 | 1,689 | 1,251 | 1,464 | 1,558 | 1,800 | 2,970 | 4,175 | 5,092 | |
| Operating Profit | 232 | 276 | 306 | 183 | 142 | 149 | 172 | 199 | 329 | 472 | — |
| OPM % | 15 | 17 | 15 | 10 | 10 | 9 | 10 | 10 | 10 | 10 | — |
| Other Income | 5 | 56 | 30 | 1 | 2 | 32 | 23 | 18 | 17 | 23 | 12 |
| Interest | 65 | 68 | 79 | 102 | 85 | 74 | 94 | 105 | 155 | 214 | 211 |
| Depreciation | 24 | 32 | 46 | 38 | 38 | 45 | 48 | 47 | 53 | 63 | 84 |
| 143 | 177 | 180 | 43 | 18 | 30 | 30 | 47 | 122 | 195 | 292 | |
| Tax % | 34 | 30 | 35 | 27 | -128 | 30 | 6 | 31 | 39 | 25 | 25 |
| Net Profit | 95 | 124 | 118 | 31 | 41 | 21 | 29 | 33 | 75 | 146 | 219 |
| EPS | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 7 | 13 | — |
| Dividend Payout % | 15 | 13 | 14 | 8 | 2 | 5 | 4 | 3 | 1 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 9 | 12 | 11 | 3 | 4 | 2 | 3 | 3 | 7 | 13 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 9 | 12 | 11 | 3 | 4 | 2 | 3 | 3 | 7 | 13 | — |
- 1,506
- 1,279
- Operating Profit
- 232
- OPM %
- 15
- Other Income
- 5
- Interest
- 65
- Depreciation
- 24
- 143
- Tax %
- 34
- Net Profit
- 95
- EPS
- 0
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- 1,665
- 1,445
- Operating Profit
- 276
- OPM %
- 17
- Other Income
- 56
- Interest
- 68
- Depreciation
- 32
- 177
- Tax %
- 30
- Net Profit
- 124
- EPS
- 0
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- 2,074
- 1,798
- Operating Profit
- 306
- OPM %
- 15
- Other Income
- 30
- Interest
- 79
- Depreciation
- 46
- 180
- Tax %
- 35
- Net Profit
- 118
- EPS
- 0
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- 1,871
- 1,689
- Operating Profit
- 183
- OPM %
- 10
- Other Income
- 1
- Interest
- 102
- Depreciation
- 38
- 43
- Tax %
- 27
- Net Profit
- 31
- EPS
- 0
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 1,391
- 1,251
- Operating Profit
- 142
- OPM %
- 10
- Other Income
- 2
- Interest
- 85
- Depreciation
- 38
- 18
- Tax %
- -128
- Net Profit
- 41
- EPS
- 0
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- 1,582
- 1,464
- Operating Profit
- 149
- OPM %
- 9
- Other Income
- 32
- Interest
- 74
- Depreciation
- 45
- 30
- Tax %
- 30
- Net Profit
- 21
- EPS
- 2
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 1,707
- 1,558
- Operating Profit
- 172
- OPM %
- 10
- Other Income
- 23
- Interest
- 94
- Depreciation
- 48
- 30
- Tax %
- 6
- Net Profit
- 29
- EPS
- 3
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 1,980
- 1,800
- Operating Profit
- 199
- OPM %
- 10
- Other Income
- 18
- Interest
- 105
- Depreciation
- 47
- 47
- Tax %
- 31
- Net Profit
- 33
- EPS
- 3
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 3,282
- 2,970
- Operating Profit
- 329
- OPM %
- 10
- Other Income
- 17
- Interest
- 155
- Depreciation
- 53
- 122
- Tax %
- 39
- Net Profit
- 75
- EPS
- 7
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- 4,624
- 4,175
- Operating Profit
- 472
- OPM %
- 10
- Other Income
- 23
- Interest
- 214
- Depreciation
- 63
- 195
- Tax %
- 25
- Net Profit
- 146
- EPS
- 13
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- 5,609
- 5,092
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 211
- Depreciation
- 84
- 292
- Tax %
- 25
- Net Profit
- 219
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 13%
- 5 Years:
- 27%
- 3 Years:
- 39%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 5%
- 5 Years:
- 29%
- 3 Years:
- 72%
STOCK PRICE CAGR
- 10 Years:
- 14%
- 5 Years:
- 48%
- 3 Years:
- 42%
- 1 Year:
- 3%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 7%
- 3 Years:
- 9%
- Last Year:
- 14%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 |
| 371 | 519 | 622 | 638 | 677 | 698 | 725 | 758 | 881 | 1,172 | |
| 269 | 261 | 330 | 359 | 297 | 182 | 355 | 292 | 223 | 396 | |
| Trade Payables | 212 | 289 | 490 | 351 | 374 | 657 | 626 | 588 | 1,221 | 1,222 |
| 327 | 311 | 291 | 294 | 354 | 372 | 371 | 575 | 804 | 587 | |
| Total Liabilities | 1,190 | 1,391 | 1,744 | 1,653 | 1,713 | 1,919 | 2,087 | 2,223 | 3,138 | 3,387 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 385 | 497 | 521 | 514 | 579 | 657 | 657 | 697 | 749 | 901 | |
| Capital Work in Progress | 40 | 14 | 2 | 8 | 11 | 12 | 14 | 7 | 16 | 133 |
| 0 | 0 | 0 | 9 | 10 | 10 | 11 | 11 | 10 | 10 | |
| 250 | 368 | 562 | 535 | 492 | 601 | 786 | 913 | 1,203 | 1,197 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 766 | 701 | |
| Cash & Bank | 50 | 25 | 18 | 11 | 13 | 26 | 39 | 31 | 135 | 121 |
| 465 | 487 | 641 | 575 | 609 | 613 | 581 | 564 | 258 | 324 | |
| Total Assets | 1,190 | 1,391 | 1,744 | 1,653 | 1,713 | 1,919 | 2,087 | 2,223 | 3,138 | 3,387 |
| Total Debt | 468 | 437 | 497 | 523 | 454 | 439 | 567 | 484 | 577 | 701 |
| Net Working Capital | 185 | 245 | 337 | 341 | 224 | 313 | 301 | 350 | 566 | 474 |
| Contingent Liabilities | 17 | 18 | 32 | 24 | 25 | 19 | 18 | 26 | 26 | 30 |
| Book Value per Share | 36.92 | 51.73 | 61.66 | 63.18 | 66.97 | 68.94 | 71.64 | 74.80 | 86.78 | 104.87 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 468 | 437 | 497 | 523 | 454 | 439 | 567 | 484 | 577 | 701 |
| Net Working Capital | 185 | 245 | 337 | 341 | 224 | 313 | 301 | 350 | 566 | 474 |
| Contingent Liabilities | 17 | 18 | 32 | 24 | 25 | 19 | 18 | 26 | 26 | 30 |
| Book Value per Share | 36.92 | 51.73 | 61.66 | 63.18 | 66.97 | 68.94 | 71.64 | 74.80 | 86.78 | 104.87 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
- Equity Capital
- 10
- 371
- 269
- Trade Payables
- 212
- 327
- Total Liabilities
- 1,190
- 385
- Capital Work in Progress
- 40
- 0
- 250
- 0
- Cash & Bank
- 50
- 465
- Total Assets
- 1,190
- Total Debt
- 468
- Net Working Capital
- 185
- Contingent Liabilities
- 17
- Book Value per Share
- 36.92
- Face Value
- 1.00
- Total Debt
- 468
- Net Working Capital
- 185
- Contingent Liabilities
- 17
- Book Value per Share
- 36.92
- Face Value
- 1.00
- Equity Capital
- 10
- 519
- 261
- Trade Payables
- 289
- 311
- Total Liabilities
- 1,391
- 497
- Capital Work in Progress
- 14
- 0
- 368
- 0
- Cash & Bank
- 25
- 487
- Total Assets
- 1,391
- Total Debt
- 437
- Net Working Capital
- 245
- Contingent Liabilities
- 18
- Book Value per Share
- 51.73
- Face Value
- 1.00
- Total Debt
- 437
- Net Working Capital
- 245
- Contingent Liabilities
- 18
- Book Value per Share
- 51.73
- Face Value
- 1.00
- Equity Capital
- 10
- 622
- 330
- Trade Payables
- 490
- 291
- Total Liabilities
- 1,744
- 521
- Capital Work in Progress
- 2
- 0
- 562
- 0
- Cash & Bank
- 18
- 641
- Total Assets
- 1,744
- Total Debt
- 497
- Net Working Capital
- 337
- Contingent Liabilities
- 32
- Book Value per Share
- 61.66
- Face Value
- 1.00
- Total Debt
- 497
- Net Working Capital
- 337
- Contingent Liabilities
- 32
- Book Value per Share
- 61.66
- Face Value
- 1.00
- Equity Capital
- 10
- 638
- 359
- Trade Payables
- 351
- 294
- Total Liabilities
- 1,653
- 514
- Capital Work in Progress
- 8
- 9
- 535
- 0
- Cash & Bank
- 11
- 575
- Total Assets
- 1,653
- Total Debt
- 523
- Net Working Capital
- 341
- Contingent Liabilities
- 24
- Book Value per Share
- 63.18
- Face Value
- 1.00
- Total Debt
- 523
- Net Working Capital
- 341
- Contingent Liabilities
- 24
- Book Value per Share
- 63.18
- Face Value
- 1.00
- Equity Capital
- 10
- 677
- 297
- Trade Payables
- 374
- 354
- Total Liabilities
- 1,713
- 579
- Capital Work in Progress
- 11
- 10
- 492
- 0
- Cash & Bank
- 13
- 609
- Total Assets
- 1,713
- Total Debt
- 454
- Net Working Capital
- 224
- Contingent Liabilities
- 25
- Book Value per Share
- 66.97
- Face Value
- 1.00
- Total Debt
- 454
- Net Working Capital
- 224
- Contingent Liabilities
- 25
- Book Value per Share
- 66.97
- Face Value
- 1.00
- Equity Capital
- 10
- 698
- 182
- Trade Payables
- 657
- 372
- Total Liabilities
- 1,919
- 657
- Capital Work in Progress
- 12
- 10
- 601
- 0
- Cash & Bank
- 26
- 613
- Total Assets
- 1,919
- Total Debt
- 439
- Net Working Capital
- 313
- Contingent Liabilities
- 19
- Book Value per Share
- 68.94
- Face Value
- 1.00
- Total Debt
- 439
- Net Working Capital
- 313
- Contingent Liabilities
- 19
- Book Value per Share
- 68.94
- Face Value
- 1.00
- Equity Capital
- 10
- 725
- 355
- Trade Payables
- 626
- 371
- Total Liabilities
- 2,087
- 657
- Capital Work in Progress
- 14
- 11
- 786
- 0
- Cash & Bank
- 39
- 581
- Total Assets
- 2,087
- Total Debt
- 567
- Net Working Capital
- 301
- Contingent Liabilities
- 18
- Book Value per Share
- 71.64
- Face Value
- 1.00
- Total Debt
- 567
- Net Working Capital
- 301
- Contingent Liabilities
- 18
- Book Value per Share
- 71.64
- Face Value
- 1.00
- Equity Capital
- 10
- 758
- 292
- Trade Payables
- 588
- 575
- Total Liabilities
- 2,223
- 697
- Capital Work in Progress
- 7
- 11
- 913
- 0
- Cash & Bank
- 31
- 564
- Total Assets
- 2,223
- Total Debt
- 484
- Net Working Capital
- 350
- Contingent Liabilities
- 26
- Book Value per Share
- 74.80
- Face Value
- 1.00
- Total Debt
- 484
- Net Working Capital
- 350
- Contingent Liabilities
- 26
- Book Value per Share
- 74.80
- Face Value
- 1.00
- Equity Capital
- 10
- 881
- 223
- Trade Payables
- 1,221
- 804
- Total Liabilities
- 3,138
- 749
- Capital Work in Progress
- 16
- 10
- 1,203
- 766
- Cash & Bank
- 135
- 258
- Total Assets
- 3,138
- Total Debt
- 577
- Net Working Capital
- 566
- Contingent Liabilities
- 26
- Book Value per Share
- 86.78
- Face Value
- 1.00
- Total Debt
- 577
- Net Working Capital
- 566
- Contingent Liabilities
- 26
- Book Value per Share
- 86.78
- Face Value
- 1.00
- Equity Capital
- 11
- 1,172
- 396
- Trade Payables
- 1,222
- 587
- Total Liabilities
- 3,387
- 901
- Capital Work in Progress
- 133
- 10
- 1,197
- 701
- Cash & Bank
- 121
- 324
- Total Assets
- 3,387
- Total Debt
- 701
- Net Working Capital
- 474
- Contingent Liabilities
- 30
- Book Value per Share
- 104.87
- Face Value
- 1.00
- Total Debt
- 701
- Net Working Capital
- 474
- Contingent Liabilities
- 30
- Book Value per Share
- 104.87
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 65 | 176 | 80 | 134 | 215 | 180 | 17 | 284 | 199 | 153 | |
| Cash from Investing | -92 | -79 | -42 | -41 | -51 | -100 | -48 | -98 | -187 | -201 |
| Cash from Financing | 13 | -110 | -39 | -93 | -163 | -81 | 31 | -185 | -12 | 51 |
| -14 | -13 | -1 | -0 | 0 | 0 | 0 | 1 | -0 | 4 | |
| Free Cash Flow | -27 | 59 | 27 | 98 | 112 | 58 | -30 | 207 | 91 | -166 |
| OCF / Net Profit | 0.68 | 1.42 | 0.68 | 4.30 | 5.17 | 8.55 | 0.60 | 8.69 | 2.67 | 1.05 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 268 | 354 | 265 | 445 | 438 | 159 |
| OCF / Net Profit | 0.68 | 1.42 | 0.68 | 4.30 | 5.17 | 8.55 | 0.60 | 8.69 | 2.67 | 1.05 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 268 | 354 | 265 | 445 | 438 | 159 |
- 65
- Cash from Investing
- -92
- Cash from Financing
- 13
- -14
- Free Cash Flow
- -27
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- 0
- 176
- Cash from Investing
- -79
- Cash from Financing
- -110
- -13
- Free Cash Flow
- 59
- OCF / Net Profit
- 1.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.42
- Cumulative 5-Year FCF
- 0
- 80
- Cash from Investing
- -42
- Cash from Financing
- -39
- -1
- Free Cash Flow
- 27
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- 0
- 134
- Cash from Investing
- -41
- Cash from Financing
- -93
- -0
- Free Cash Flow
- 98
- OCF / Net Profit
- 4.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.30
- Cumulative 5-Year FCF
- 0
- 215
- Cash from Investing
- -51
- Cash from Financing
- -163
- 0
- Free Cash Flow
- 112
- OCF / Net Profit
- 5.17
- Cumulative 5-Year FCF
- 268
- OCF / Net Profit
- 5.17
- Cumulative 5-Year FCF
- 268
- 180
- Cash from Investing
- -100
- Cash from Financing
- -81
- 0
- Free Cash Flow
- 58
- OCF / Net Profit
- 8.55
- Cumulative 5-Year FCF
- 354
- OCF / Net Profit
- 8.55
- Cumulative 5-Year FCF
- 354
- 17
- Cash from Investing
- -48
- Cash from Financing
- 31
- 0
- Free Cash Flow
- -30
- OCF / Net Profit
- 0.60
- Cumulative 5-Year FCF
- 265
- OCF / Net Profit
- 0.60
- Cumulative 5-Year FCF
- 265
- 284
- Cash from Investing
- -98
- Cash from Financing
- -185
- 1
- Free Cash Flow
- 207
- OCF / Net Profit
- 8.69
- Cumulative 5-Year FCF
- 445
- OCF / Net Profit
- 8.69
- Cumulative 5-Year FCF
- 445
- 199
- Cash from Investing
- -187
- Cash from Financing
- -12
- -0
- Free Cash Flow
- 91
- OCF / Net Profit
- 2.67
- Cumulative 5-Year FCF
- 438
- OCF / Net Profit
- 2.67
- Cumulative 5-Year FCF
- 438
- 153
- Cash from Investing
- -201
- Cash from Financing
- 51
- 4
- Free Cash Flow
- -166
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 159
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 159
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 9.30 | 12.14 | 11.48 | 3.04 | 4.04 | 2.05 | 2.79 | 3.19 | 7.27 | 12.93 |
| Book Value (₹) | 36.92 | 51.73 | 61.66 | 63.18 | 66.97 | 68.94 | 71.64 | 74.80 | 86.78 | 104.87 |
| Dividend per Share (₹) | 1.40 | 1.55 | 1.65 | 0.25 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Cash EPS (₹) | 11.38 | 14.87 | 15.58 | 6.57 | 7.57 | 6.31 | 7.34 | 7.56 | 12.39 | 18.54 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 14.45% | 15.35% | 14.50% | 9.78% | 10.09% | 9.36% | 10.00% | 9.93% | 9.42% | 9.65% |
| Net Margin % | 5.92% | 6.91% | 5.59% | 1.67% | 2.96% | 1.32% | 1.66% | 1.63% | 2.25% | 3.14% |
| ROE % | 28.07% | 27.39% | 20.27% | 4.87% | 6.21% | 3.02% | 3.96% | 4.35% | 9.00% | 14.06% |
| ROCE % | 27.22% | 26.91% | 24.69% | 12.58% | 8.96% | 9.09% | 10.12% | 11.90% | 20.33% | 24.40% |
| 8.44% | 9.62% | 7.51% | 1.84% | 2.47% | 1.16% | 1.43% | 1.52% | 2.79% | 4.47% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 85 | 76 | 77 | 99 | 121 | 104 | 96 | 72 | 62 | 58 |
| Inventory Days | 54 | 63 | 81 | 107 | 134 | 125 | 147 | 155 | 116 | 94 |
| Payable Days | 87 | 84 | 107 | 122 | 149 | 183 | 205 | 111 | 75 | 84 |
| 52 | 54 | 50 | 84 | 106 | 46 | 38 | 116 | 104 | 68 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.24x | 0.83x | 0.79x | 0.81x | 0.66x | 0.62x | 0.77x | 0.63x | 0.65x | 0.59x |
| Interest Coverage (x) | 3.21x | 3.62x | 3.27x | 1.42x | 1.21x | 1.41x | 1.32x | 1.45x | 1.78x | 1.91x |
| 1.32x | 1.40x | 1.38x | 1.44x | 1.27x | 1.35x | 1.28x | 1.32x | 1.32x | 1.26x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 14.73% | 10.51% | 24.58% | -9.78% | -25.68% | 13.74% | 7.94% | 16.01% | 65.73% | 40.90% |
| Operating Profit Growth % | 1.41% | 18.78% | 10.80% | -40.14% | -22.55% | 5.33% | 15.49% | 15.31% | 65.54% | 43.56% |
| Net Profit Growth % | 6.68% | 30.57% | -5.20% | -73.50% | 32.93% | -49.19% | 35.71% | 14.32% | 128.33% | 95.27% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 128.33% | 77.70% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 44.54x | 33.91x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.73x | 4.18x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.02% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.45x | 11.70x |
- EPS (₹)
- 9.30
- Book Value (₹)
- 36.92
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 11.38
- Operating Margin %
- 14.45%
- Net Margin %
- 5.92%
- ROE %
- 28.07%
- ROCE %
- 27.22%
- 8.44%
- Debtor Days
- 85
- Inventory Days
- 54
- Payable Days
- 87
- 52
- Debt to Equity (x)
- 1.24x
- Interest Coverage (x)
- 3.21x
- 1.32x
- Revenue Growth %
- 14.73%
- Operating Profit Growth %
- 1.41%
- Net Profit Growth %
- 6.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 12.14
- Book Value (₹)
- 51.73
- Dividend per Share (₹)
- 1.55
- Cash EPS (₹)
- 14.87
- Operating Margin %
- 15.35%
- Net Margin %
- 6.91%
- ROE %
- 27.39%
- ROCE %
- 26.91%
- 9.62%
- Debtor Days
- 76
- Inventory Days
- 63
- Payable Days
- 84
- 54
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 3.62x
- 1.40x
- Revenue Growth %
- 10.51%
- Operating Profit Growth %
- 18.78%
- Net Profit Growth %
- 30.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 11.48
- Book Value (₹)
- 61.66
- Dividend per Share (₹)
- 1.65
- Cash EPS (₹)
- 15.58
- Operating Margin %
- 14.50%
- Net Margin %
- 5.59%
- ROE %
- 20.27%
- ROCE %
- 24.69%
- 7.51%
- Debtor Days
- 77
- Inventory Days
- 81
- Payable Days
- 107
- 50
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 3.27x
- 1.38x
- Revenue Growth %
- 24.58%
- Operating Profit Growth %
- 10.80%
- Net Profit Growth %
- -5.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 3.04
- Book Value (₹)
- 63.18
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 6.57
- Operating Margin %
- 9.78%
- Net Margin %
- 1.67%
- ROE %
- 4.87%
- ROCE %
- 12.58%
- 1.84%
- Debtor Days
- 99
- Inventory Days
- 107
- Payable Days
- 122
- 84
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 1.42x
- 1.44x
- Revenue Growth %
- -9.78%
- Operating Profit Growth %
- -40.14%
- Net Profit Growth %
- -73.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 4.04
- Book Value (₹)
- 66.97
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 7.57
- Operating Margin %
- 10.09%
- Net Margin %
- 2.96%
- ROE %
- 6.21%
- ROCE %
- 8.96%
- 2.47%
- Debtor Days
- 121
- Inventory Days
- 134
- Payable Days
- 149
- 106
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 1.21x
- 1.27x
- Revenue Growth %
- -25.68%
- Operating Profit Growth %
- -22.55%
- Net Profit Growth %
- 32.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.05
- Book Value (₹)
- 68.94
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 6.31
- Operating Margin %
- 9.36%
- Net Margin %
- 1.32%
- ROE %
- 3.02%
- ROCE %
- 9.09%
- 1.16%
- Debtor Days
- 104
- Inventory Days
- 125
- Payable Days
- 183
- 46
- Debt to Equity (x)
- 0.62x
- Interest Coverage (x)
- 1.41x
- 1.35x
- Revenue Growth %
- 13.74%
- Operating Profit Growth %
- 5.33%
- Net Profit Growth %
- -49.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.79
- Book Value (₹)
- 71.64
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 7.34
- Operating Margin %
- 10.00%
- Net Margin %
- 1.66%
- ROE %
- 3.96%
- ROCE %
- 10.12%
- 1.43%
- Debtor Days
- 96
- Inventory Days
- 147
- Payable Days
- 205
- 38
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 1.32x
- 1.28x
- Revenue Growth %
- 7.94%
- Operating Profit Growth %
- 15.49%
- Net Profit Growth %
- 35.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 3.19
- Book Value (₹)
- 74.80
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 7.56
- Operating Margin %
- 9.93%
- Net Margin %
- 1.63%
- ROE %
- 4.35%
- ROCE %
- 11.90%
- 1.52%
- Debtor Days
- 72
- Inventory Days
- 155
- Payable Days
- 111
- 116
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 1.45x
- 1.32x
- Revenue Growth %
- 16.01%
- Operating Profit Growth %
- 15.31%
- Net Profit Growth %
- 14.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.27
- Book Value (₹)
- 86.78
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 12.39
- Operating Margin %
- 9.42%
- Net Margin %
- 2.25%
- ROE %
- 9.00%
- ROCE %
- 20.33%
- 2.79%
- Debtor Days
- 62
- Inventory Days
- 116
- Payable Days
- 75
- 104
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 1.78x
- 1.32x
- Revenue Growth %
- 65.73%
- Operating Profit Growth %
- 65.54%
- Net Profit Growth %
- 128.33%
- 128.33%
- P/E (x)
- 44.54x
- P/B (x)
- 3.73x
- Dividend Yield %
- 0.03%
- 11.45x
- EPS (₹)
- 12.93
- Book Value (₹)
- 104.87
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 18.54
- Operating Margin %
- 9.65%
- Net Margin %
- 3.14%
- ROE %
- 14.06%
- ROCE %
- 24.40%
- 4.47%
- Debtor Days
- 58
- Inventory Days
- 94
- Payable Days
- 84
- 68
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 1.91x
- 1.26x
- Revenue Growth %
- 40.90%
- Operating Profit Growth %
- 43.56%
- Net Profit Growth %
- 95.27%
- 77.70%
- P/E (x)
- 33.91x
- P/B (x)
- 4.18x
- Dividend Yield %
- 0.02%
- 11.70x
Documents
Announcements
- Updates
2026-08-18 - Skipper Limited has informed the Exchange regarding 'Newspaper Publication'.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - Skipper Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
- Credit Rating
2026-07-04 - Skipper Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-06-24 - Skipper Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Apr 2026

