Skipper Limited (BSE: 538562; NSE: SKIPPER), a leading manufacturer of power transmission and distribution structures and an engineering, procurement and construction (EPC) player, reported its financial results for the second quarter and half year ended September 30, 2026. The company recorded its highest-ever quarterly revenue of ₹1,384 crore, representing year-on-year growth of 10%. Profit after tax (PAT) increased 56% to ₹57.5 crore.
For H1 FY27, Skipper achieved its highest-ever half-yearly revenue of ₹2,693.8 crore, up 7% year-on-year. PAT rose 40% to ₹113.9 crore, while the PAT margin improved to 4.2% from 3.2% in the corresponding period last year. Standalone EBITDA margin increased to 10.6% from 10.3%, supported by operating leverage and execution of higher-quality transmission and distribution contracts.
The company closed September 2026 with a record order book of ₹10,065.7 crore, comprising 83% domestic and 17% export orders. New order inflows during H1 FY27 stood at ₹3,785.5 crore, including major domestic EPC contracts from Power Grid Corporation of India Limited (PGCIL) and orders from international markets. Q2 order inflows were ₹211.1 crore, up 70% year-on-year. Quarterly export order inflows reached an all-time high of ₹1,054 crore. The bidding pipeline also crossed ₹35,000 crore.
Skipper’s EPC division was executing approximately 5,500 circuit kilometres of extra-high-voltage and high-voltage direct current transmission line projects as of September 2026. During the quarter, it commissioned the approximately 144-km Sikar II–Khetri 765 kV transmission line in Rajasthan. The company also secured its largest-ever North American contract, a multi-million-dollar order from a leading utility company.
Commenting on the results, Sharan Bansal, Director, Skipper Limited, said the company remained focused on profitable growth, margin improvement and disciplined execution despite geopolitical developments in West Asia affecting exports. He highlighted the record order book and bidding pipeline as important sources of business visibility.
Established in 1981, Skipper Limited operates in power transmission and distribution infrastructure and polymer products. The company manufactures towers, EPC solutions, monopoles, poles and railway electrification structures, serving markets across more than 65 countries. It also manufactures polymer pipes and fittings under the Skipper brand for agricultural and plumbing applications. Skipper is listed on the BSE and NSE.
