Skipper Limited announced record Q3 FY’26 revenue of ₹13,706 Mn and EBITDA of ₹1,414 Mn with a margin of 10.3%. PAT before exceptional items surged 40% YoY to ₹502 Mn. The company’s order book reached an all-time high of approximately US$ 1 billion. Expects 20%+ revenue CAGR growth in the current year.
Financial Performance Highlights
Skipper Limited reported a strong financial performance for Q3 FY’26. Key highlights include:
- Record quarterly revenue of ₹13,706 Mn, a 21% increase year-over-year.
- EBITDA reached ₹1,414 Mn, up 28% YoY, with a margin of 10.3%.
- PAT before exceptional items increased by 40% YoY to ₹502 Mn.
For the first nine months of FY’26, the company also achieved significant growth:
- Revenue for 9M FY’26 stood at ₹38,862 Mn, up 17% year-over-year.
- EBITDA margin improved to 10.3% compared to 9.8% in the same period last year.
Order Book and Bidding
Skipper Limited’s order book reached an all-time high, signifying strong future growth potential:
- Closing order book at approximately US$ 1 billion (₹90,093 Mn), with 90% from domestic and 10% from export orders.
- Q3 FY’26 order inflow totaled ₹14,286 Mn, driven by engineering products and EPC works.
- The company secured two 765 kV transmission line EPC projects from PGCIL in Uttar Pradesh and Karnataka.
- 9M FY’26 YTD order inflows reached ₹46,490 Mn, an increase of 24% YoY.
Capacity Expansion and Business Updates
Skipper Limited is expanding its capacity and has achieved significant milestones:
- New 75,000 MTPA capacity is now fully operational, with commercial production underway.
- An additional 75,000 MTPA capacity expansion is in progress, aiming for a total capacity of 450,000 MTPA by the end of FY’26.
Director’s Comments
Mr. Sharan Bansal, Executive Director, stated that the Q3 FY’26 results reflect improvements in project quality, execution, and capacity readiness. He emphasized the strategic shift towards higher complexity and higher value T&D projects.
Mr. Devesh Bansal, Executive Director, added that the record order book and bidding pipeline offer high visibility for sustained growth. He also highlighted the company’s global competitiveness and digital transformation efforts.
Source: BSE
