NSE: SKIPPER | BSE: 538562

Strong Performer, Getting Expensive

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568.35 18.60 (3.38%)

65.94% Gain from 52W Low

1.3M NSE+BSE Volume

NSE 05 Sep, 2025 3:31 PM (IST)

5,981.1

Market Cap

High in industry

1.9

Beta 1Year

Very High Volatility

Dividend

Skipper Ltd. has an upcoming dividend of ₹0.10 per share due on 16 Sep 2025 See details

Skipper Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SKIPPER, BSE:538562 Skipper Ltd.

Skipper Ltd.

27 Aug 2018

568.35

3.38%

Skipper Ltd.

Buy: Skipper Ltd.

Target

CD Equisearch

Skipper Ltd. has gained 37.32% in the last 1 Year

Skipper Ltd.

13 Aug 2018

568.35

3.38%

Skipper - 1QFY18 Result Update

Buy: Skipper Ltd.

Target

Reliance Securities

Skipper's EBITDA declined by 12.9% YoY to Rs450mn, while its EBITDA margin contracted by 355bps YoY to 9.4% led by fall in polymer margin to 1.2% in 1QFY19 (from 9.3% in 1QFY18) owing to execution of fixed-value engineering projects. Fall in Polymer market is attributable to increasing penetration cost in newer markets owing to increased brand building spend and dealer incentives. Skipper's PAT declined by 72% YoY to Rs45mn owing to 62% YoY rise in interest cost to Rs274mn on account of high inventory built-up led by subsequent supply...

Skipper Ltd. is trading above all available SMAs

Skipper Ltd.

21 May 2018

568.35

3.38%

Skipper's operational performance was broadly in line with our expectations. Revenue incr...

Buy: Skipper Ltd.

Target

Emkay

Skipper's operational performance was broadly in line with our expectations. Revenue increased by 5% yoy on the back of steady growth in Engineering Products (EP) (+5.9% yoy) and Polymer Products (PP) (+9.3% yoy). While EBITDA margin increased by 42bps yoy to 18.3%, the PAT declined by 15% yoy owing to 76% yoy increase in finance cost. Aggregate order inflows (FY18) in EP stood at Rs21bn, while the order backlog stood at Rs26bn spread across PGCIL (44%), SEB's (44%) and Exports (12%). The company has...

Skipper Ltd. has gained 10.80% in the last 1 Week

Skipper Ltd.

18 May 2018

568.35

3.38%

Skipper - 4QFY18 Result Update

Buy: Skipper Ltd.

Target

Reliance Securities

Skipper has delivered a weak performance in 4QFY18 with its reported revenue declining by 2.9% YoY to Rs5.9bn, which however, adjusting for Excise Duty of 4QFY17, grew by 5.0% YoY led by lower execution in Engineering Products business and slower growth in Polymer division. Its EBITDA (+7.5% YoY) and PAT (-15.1 % YoY) stood at Rs1086mn and Rs493mn, respectively. Looking ahead, we continue to believe that a sizeable order book, huge imminent opportunity and diversification into PVC business firmly place Skipper on a higher growth trajectory. Following sharp correction by 30% in last 3 months, the stock is available at attractive level now. We maintain our BUY recommendation on the stock with a revised Target Price of Rs315....

Skipper Ltd. has an average target of 591.33 from 3 brokers.

Skipper Ltd.

14 Mar 2018

568.35

3.38%

Skipper Limited Q3 Update

Buy: Skipper Ltd.

Choice India

Valuation:Thus, we believe that on account of the above factors, expanding transmission capacity and being of the lowest cost producer of transmission towers, the Company expects 15% growth in the segment. Also, pick up in polymer business along with asset light model wherein, the land is taken on lease and company invests for plant and machinery will give much better asset turnover. Over all capex would be around Rs. 500-600 mn which will be funded largely by internal accruals. Further, with improved working capital cycle has led to healthy Debt/ Equity for the Company Thus, on the valuation front, at CMP Rs.230.2 , the company is trading at a P/E...

Skipper Ltd. has gained 37.32% in the last 1 Year

Skipper Ltd.

12 Feb 2018

568.35

3.38%

Skipper Limited Q3 Update

Buy: Skipper Ltd.

Choice India

Skipper has formed a JV with Metzerplas, a manufacturer of drip Irrigation solutions from Israel, with an eye on a potential Rs. 5,000 mn market opportunity. The company has forayed into manufacturing of solar structures and will carry it...

Skipper Ltd. has gained 10.80% in the last 1 Week

Skipper Ltd.

08 Feb 2018

568.35

3.38%

Skipper (3QFY18): Strong execution in Engineering Products. Maintain NEUTRAL

Neutral: Skipper Ltd.

Target

HDFC Securities

Maintain a NEUTRAL with TP of Rs 267/share. Skippers sales grew 33/10% YoY/QoQ to Rs 5.7bn vs our expectation of 25% YoY growth, aided by a 38% YoY rise in Engineering Products revenues to Rs 4.86bn. The 33% sales growth came on the back of 23/10% volumes/pricing growth. A 203 bps rise in raw material cost impacted gross margins, which fell to 31.1%. With a 99/40bps fall in other expenses (at 13.9% of sales)/staff costs (at 4.2% of sales), EBITDAM fell 64bps to 13.1% (in line with our estimates). Net profit rose 31% YoY to Rs 292mn, a

Skipper Ltd. has gained 37.32% in the last 1 Year

Skipper Ltd.

08 Feb 2018

568.35

3.38%

Skipper - 3QFY18 Result Update

Buy: Skipper Ltd.

Target

Reliance Securities

Skipper continued to deliver a strong performance in 3QFY18 with its net revenue growing by 39.6% YoY to Rs4.32bn, led by strong volume execution in Engineering Products business and rising commodity prices. Aided by better execution, its EBITDA and PAT grew by 27% YoY and 31.5% YoY to Rs740mn and Rs292mn, respectively. We continue to believe that a sizeable order book, huge imminent opportunity and diversification into PVC business firmly place Skipper on a higher growth trajectory. Rolling over our estimates to FY20E, we maintain our BUY recommendation on the stock with a revised Target Price of Rs340 (from Rs289 earlier). Healthy Revenue Growth on Strong Engineering Volume...

Skipper Ltd. is trading above all available SMAs

Skipper Ltd.

07 Feb 2018, 12:00AM

568.35

3.38%

Skipper's operational performance exceeded our expectations. Revenues increased by 33% y...

Buy: Skipper Ltd.

Target

Emkay

Skipper's operational performance exceeded our expectations. Revenues increased by 33% yoy aided by strong volume growth and rising commodity prices. Though the EBITDAM declined by 64bps yoy to 13.1%, PAT increased by 31% yoy. While engineering products (EP) reported robust growth at 29% yoy, the polymer segment lagged behind with muted growth of 6% yoy largely impacted by GST related disruptions....

Skipper Ltd. has an average target of 591.33 from 3 brokers.

Skipper Ltd.

14 Dec 2017

568.35

3.38%

We hosted the management of Skipper Ltd for investor meetings in the UK. Management has...

Buy: Skipper Ltd.

Emkay

We hosted the management of Skipper Ltd for investor meetings in the UK. Management has given an upbeat outlook for both segments - Engineering and Polymer. While the Engineering segment is expected to double its revenue in the next 5 years, the Polymer segment is likely to grow at a CAGR of ~50-55% over the next 3 years. Despite having the largest capacity in Transmission Towers, Skipper's capacity utilization has exceeded 85-90% over the last several years on account of it being the lowest cost producer - benefiting from high economies of scale, fully integrated operations and close proximity to raw material sources....

Skipper Ltd. has gained 37.32% in the last 1 Year

Is Skipper Ltd. worth buying?

198 Votes:

Buy 88.38%

Sell 6.57%

Hold 5.05%

RESEARCH REPORTS

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Buy SEE REPORTS >

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