Skipper Ltd.

NSE: SKIPPER | BSE: 538562 | ISIN: INE439E01022 | Industry: Construction & Engineering
| Mid-range Performer
541.4500 -6.70 (-1.22%)
NSE Sep 23, 2025 12:24 PM
Volume: 184.8K
 

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Skipper Ltd.
24 Nov 2017
541.45
-1.22%
Reliance Securities
Skipper continued to deliver a strong performance in 2QFY18. Its net revenue grew by 31.9% YoY to Rs5.1bn led by strong volume execution in Engineering Products business. However, GST-led disruption restricted revenue growth in PVC business. Though reported EBITDA dipped by 7.1% YoY to Rs516mn, adjusted EBITDA grew by 19.9% YoY. Owing to lower margin, higher depreciation and tax rate, its reported PAT declined by 30.2% YoY to Rs232mn, while adjusted PAT rose by 3.9% YoY. We continue to believe that a sizeable order book, huge imminent opportunity and diversification into PVC business continue to place Skipper firmly on a higher growth trajectory. Revising our target multiple to 17x (from 15x earlier) on the back of strong...
Skipper Ltd. is trading above all available SMAs
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