Construction & Engineering company Skipper announced Q4FY26 & FY26 results Quarterly Standalone Financial Highlights: Revenue from Operations: Rs 16,666 million in Q4FY26, an increase of 21.60% QoQ compared to Rs 13,706 million in Q3FY26 and an increase of 29% YoY compared to Rs 12,878 million in Q4FY25. Profit After Tax (PAT): Rs 756 million in Q4FY26, an increase of 50.60% QoQ compared to Rs 502 million in Q3FY26 and an increase of 70% YoY compared to Rs 444 million in Q4FY25. Quarterly Consolidated Financial Highlights: Revenues: Rs 16,665.8 million in Q4FY26, up 21.60% QoQ from Rs 13,705.9 million in Q3FY26 and up 29.4% YoY from Rs 12,877.5 million in Q4FY25. Reported EBITDA: Rs 1,734.1 million in Q4FY26, up 22.64% QoQ from Rs 1,414.0 million in Q3FY26 and up 40.2% YoY from Rs 1,236.5 million in Q4FY25. Profit After Tax (PAT): Rs 756.1 million in Q4FY26, up 50.71% QoQ from Rs 501.7 million in Q3FY26 and up 70.3% YoY from Rs 443.9 million in Q4FY25. Cash Profit: Rs 971.3 million in Q4FY26, up 35.39% QoQ from Rs 717.4 million in Q3FY26 and up 57.7% YoY from Rs 616.1 million in Q4FY25. Annual Standalone Financial Highlights: Revenue from Operations: Rs 55,528 million in FY26, an increase of 20% YoY compared to Rs 46,245 million in FY25. Profit After Tax (PAT): Rs 2,073 million in FY26, an increase of 42% YoY compared to Rs 1,458 million in FY25. Annual Consolidated Financial Highlights: Revenues: Rs 55,528.22 million in FY26, an increase of 20.1% YoY compared to Rs 46,244.80 million in FY25. Reported EBITDA: Rs 5,726.61 million in FY26, an increase of 26.8% YoY compared to Rs 4,516.58 million in FY25. Profit After Tax (Reported PAT): Rs 2,073.33 million in FY26, an increase of 42.2% YoY compared to Rs 1,458.30 million in FY25. Cash Profit: Rs 2,871.2 million in FY26, an increase of 37.3% YoY compared to Rs 2,091.2 million in FY25. Net Cash Flow from Operations: Rs 5,701 million in FY26. Business Highlights: Order Book & Inflows: The closing order book reached its highest-ever level of Rs 85,019 million (Rs 8,502 crore) as of March 31, 2026. The company secured new order inflows of Rs 56,780 million (+6% YoY) during the financial year. Strategic Contracts: Secured a multi-million USD contract in the North American market with a top-tier utility company, marking its largest order to date in that region. Infrastructure Projects: Emerged as a preferred supplier and contractor for PGCIL, with 25 active projects currently underway. During the year, the company commissioned four 765 Kv projects measuring 940 ckm, valued at Rs 15,000 million. Capacity Expansion: Total installed capacity is being expanded by 75,000 MTPA to reach 450,000 MTPA by June 2026, with current utilization exceeding 85%. Bidding Pipeline: Maintained a record-high bidding pipeline of over Rs 33,000 crore, driven by domestic and international market opportunities. Technical Milestones: Commissioned "Test Bed 2," making Skipper the world’s only company with dual test bed facilities. It also prototyped and tested the world’s heaviest transmission tower, weighing 293 MT. Operational Execution: Currently executing approximately 5,000 circuit kilometers of EHV and HVDC transmission line work. Sharan Bansal, Director, said: “We have delivered yet another record-breaking quarter and year, achieving our highest-ever revenue, EBITDA, and profit after tax, reflecting strong execution across business segments. Revenue grew 29% QoQ and 20% YoY, demonstrating sustained momentum." "Profitability reached new highs, with EBITDA increasing 40% QoQ to Rs 1,734 million and margins improving to 10.4%, while PAT grew 70% QoQ and 42% YoY, driven by operating leverage, improved cost discipline, and a favorable product mix." "Importantly, this performance was delivered despite ongoing geopolitical challenges and supply chain disruptions. In a more stable environment, the outcomes could have been even stronger, highlighting the resilience and agility of our operations." "We continue to strengthen our financial profile, with improved cash flows, better return ratios (ROE at 14.1%), and controlled finance costs, reinforcing the quality and sustainability of our earnings." "Our order book remains robust at a highest-ever level of Rs 8,502 crore, supported by strong inflows and a record bidding pipeline of over Rs 33,000 crore, providing strong multi-year revenue visibility." "The transmission and distribution (T&D;) sector continues to witness strong structural tailwinds. Large-scale investments in grid infrastructure, renewable integration, and HVDC projects in India, along with strong global demand driven by energy transition and electrification, are creating a sustained demand-supply gap, benefiting industry players." "With capacity utilization exceeding 90% and expansion underway to 450,000 MTPA by June 2026, we are well-positioned to capitalize on these opportunities and drive the next phase of growth." "Looking ahead, strong sectoral tailwinds, a robust order backlog, expanding capacities, and improving profitability give us confidence in delivering another year of record performance and sustained value creation.” Result PDF