Skipper Ltd - 538562 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Skipper Limited bags fresh new order of 737 Crores from PGCIL25-02-2024
25-02-2024
Skipper Ltd - 538562 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sajan Kumar Bansal & PACs22-02-2024
Skipper Ltd - 538562 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sajan Kumar Bansal & PACs22-02-2024
Skipper Ltd - 538562 - Outcome Of The Meeting Of The Rights Issue Committee Of The Board Of Directors Of The Company Dated 19.02.2024
Finalisation of basis of allotment of 10267021 partly paid up equity shares19-02-2024
Skipper Ltd - 538562 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We are forwarding herewith the transcript of the conference call with Investors and analysts held on 13th February, 2024 on Unaudited Financial Results of the Company for quarter ended 31st December, 202317-02-2024
Skipper Ltd - 538562 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of the earnings conference call held today, 13th February, 2024, for discussion on Q3 FY24 Results is available on the website of the Company at https://ccreservations.com/recordings/data/AMB0920240213151706.mp313-02-2024
Skipper Ltd. Results Earnings Call for Q3FY24
Conference Call with Skipper Ltd. Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.13-02-2024
Skipper Ltd - 538562 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We are enclosing herewith the copies of newspaper publications made on 13th February, 2024, in Financial Express (English) (All editions) and Ek Din (Bengali) (Kolkata editions) towards publication of Financial Results for the quarter ended 31st December, 2023.13-02-2024
Skipper Ltd - 538562 - Announcement under Regulation 30 (LODR)-Change in Management
The Board of directors at its meeting dated 12.02.2024 has approved appointment of Mr. Jalaj Malpani, as President-Business Excellence (SMP) upon recommendation of NRC.12-02-2024
Q3FY24 Quarterly & 9MFY24 Result Announced for Skipper Ltd.
Construction & Engineering company Skipper announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24: Revenue of Rs 8,016 million in Q3FY24 compared to Rs 4,448 million in Q3FY23, showing a growth of 80.2%. Reported EBITDA of Rs 770.7 million in Q3FY24 compared to Rs 453.2 million in Q3FY23, indicating a growth of 70.1%. EBITDA Margin% of 9.6% in Q3FY24 compared to 10.2% in Q3FY23, a decrease of 60 basis points. Profit Before Tax of Rs 290.5 million in Q3FY24 compared to Rs 118.2 million in Q3FY23, growth of 145.8%. Profit After Tax of Rs 204.7 million in Q3FY24 compared to Rs 95.1 million in Q3FY23, showing a growth of 115.3%. Consolidated 9MFY24: Revenue of Rs 21,285 million for 9MFY24 compared to Rs 8,781 million for 9MFY23, indicating a growth of 51.1%. EBITDA of Rs 2,108.9 million for 9MFY24 compared to Rs 1,209.5 million for 9MFY23, showing a growth of 74.4%. EBITDA Margin % of 9.9% for 9MFY24 compared to 9.1% for 9MFY23, an increase of 80 basis points. Profit Before Tax of Rs 809.0 million for 9MFY24 compared to Rs 168.1 million for 9MFY23, growth of 381.3%. Profit After Tax of Rs 565.1 million for 9MFY24 compared to Rs 118.5 million for 9MFY23, showing a growth of 376.8%. Key Business Highlights: Q3FY24 order inflow amounted to Rs 4,020 million, with a cumulative inflow of Rs 31,450 million for engineering products supplies and EPC works in 9MFY24. The closing order book stood at Rs 57,790 million, comprising 18% exports and 82% domestic orders. A robust order bidding pipeline exists, with Rs 98,300 million in the international sector and Rs 52,000 million in the domestic sector. Successful closure of fundraising through a right issue, which was oversubscribed 1.77 times, indicating strong investor interest and confidence. The polymer sector achieved significant volume growth, increasing from 15,454 MT in 9MFY23 to 24,654 MT in 9MFY24, reflecting a remarkable growth of 60%. Commenting on the release, Sharan Bansal, Director Skipper, said, “We are delighted to present outstanding financial achievements for the quarter and 9 Months ending December 31, 2023. Our Revenue for the quarter soared by an impressive 80.2%, leaping from Rs 4,448 million to Rs 8,016 million over the last year quarter. Additionally, our Profit After Tax (Reported PAT) also witnessed remarkable growth, surging by 115.3% from Rs 95.1 million to Rs 204.7 million compared to the previous year’s quarter. The Closing Order Book, of the company stands at an impressive Rs 57,790 million, with a composition of 82% from the domestic market and 18% from exports. The Order Bidding Pipeline remains robust, with a substantial international pipeline of Rs 98,300 million and a domestic pipeline of Rs 52,000 million. Bansal also added “We are also pleased to announce the successful closure of fund-raising through right issue, which was oversubscribed 1.77 times. This accomplishment underscores the market's confidence in Skipper. Looking ahead, we anticipate a strong revenue performance across major business segments, fuelled by pending engineering execution and improving polymer performance. With a proactive approach, we expect to achieve a 25% CAGR growth over the next three years. This promising outlook, combined with our management’s strategic vision, positions Skipper Limited for sustained success and leadership in the industry." Result PDF12-02-2024