Skipper Ltd.

NSE: SKIPPER | BSE: 538562 | ISIN: INE439E01022 | Industry: Construction & Engineering
| Mid-range Performer
486.7500 -0.70 (-0.14%)
NSE Jun 06, 2025 15:31 PM
Volume: 264.9K
 

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Skipper Ltd.
24 Nov 2017
486.75
-0.14%
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. has gained 51.68% in the last 1 Year
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