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Skipper Ltd (SKIPPER) AI Stock Analysis

6 Followers
IN:SKIPPER

Skipper Ltd

(NSE:SKIPPER)

Select Model
Rating:58Neutral
Price Target:INR 539.00▲(5.71% Upside)
Action:reiterated
Date:11/10/26

The score is led by solid growth and improving earnings, but is held back by weak cash-flow conversion (negative free cash flow in the last two years) and rising debt. Technical indicators are mixed-to-soft with negative MACD and price below key longer-term averages, while valuation looks broadly moderate with only a modest dividend yield.

Positive Factors
Revenue GrowthThe sharp multi-year revenue increase indicates meaningful project wins and execution momentum. A larger revenue base can improve operating scale, strengthen market presence, and create a broader platform for continued growth over the next several quarters if delivery remains consistent.
Negative Factors
Weak Free Cash Flow ConversionNegative free cash flow for two consecutive years shows that accounting growth is not currently converting consistently into surplus cash. Heavy reinvestment or working-capital needs can increase funding reliance, limit financial flexibility, and make execution more sensitive during the growth phase.

Skipper Ltd (SKIPPER) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%20%30%IN:SKIPPER+2.04%INDA-5.86%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 62.27B
Dividend Yield
0.02%
Average Volume (3M)
47.95K
Price to Earnings (P/E)
23.7
Beta (1Y)
1.34
Revenue Growth
16.04%
EPS Growth
45.60%
Country
India
Employees
8,762
Sector
General
Sector Strength
55
Industry
Manufacturing - Metal Fabrication

Skipper Ltd Business Overview & Revenue Model

Company Description

Skipper Ltd. engages in the manufacture of electrical transmission towers and polymer pipe. It operates through the following segments: Engineering Products, Infrastructure Projects, and Polymer Products. The Engineering Products segment includes pow...

Skipper Ltd Financial Statement Overview

Summary

Strong revenue scale-up and rising net income support the business trajectory, but the quality of earnings is constrained by volatile profitability (notably weaker gross profit in 2026 vs 2025) and uneven cash conversion. Negative free cash flow in 2025–2026 and rising debt increase execution and liquidity sensitivity.

Income Statement

72Positive

Balance Sheet

64Positive

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue57.31B55.53B46.24B32.64B19.62B16.96B
Gross Profit14.73B20.10B10.33B4.73B3.16B4.42B
EBITDA6.08B5.78B4.52B3.11B1.99B1.72B
Net Income2.46B2.13B1.49B816.65M355.66M251.47M
Balance Sheet
Total Assets46.33B45.33B33.97B31.45B22.23B20.84B
Cash, Cash Equivalents and Short-Term Investments711.52M2.15B1.21B18.40M21.14M11.17M
Total Debt7.57B9.48B7.40B5.92B4.94B5.75B
Total Liabilities26.90B30.42B22.04B22.47B14.55B13.52B
Stockholders Equity19.43B14.91B11.93B8.98B7.67B7.32B
Cash Flow
Free Cash Flow0-890.03M-846.27M971.69M1.99B-248.44M
Operating Cash Flow02.77B1.53B1.99B2.84B172.77M
Investing Cash Flow0-2.72B-2.01B-1.87B-979.39M-481.65M
Financing Cash Flow0-79.90M511.55M-124.50M-1.85B310.53M

Skipper Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price509.90

Price Trends

50DMA534.27Negative
100DMA538.18Negative
200DMA480.50Positive

Market Momentum

MACD-2.16Negative
RSI46.80Neutral
STOCH66.42Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SKIPPER, the sentiment is Negative. The current price of 509.90 is below the 20-day moving average (MA) of 510.00, below the 50-day MA of 534.27, and above the 200-day MA of 480.50, indicating a neutral trend. The MACD of -2.16 indicates Negative momentum. The RSI at 46.80 is Neutral, neither overbought nor oversold. The STOCH value of 66.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SKIPPER.

Skipper Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:SKIPPER against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:KPILIN:KPIL78OutperformINR 230.58B19.44―0.82%9.24%43.31%
IN:POWERMECHIN:POWERMECH59NeutralINR 75.75B19.02―0.06%18.19%22.47%
IN:SKIPPERIN:SKIPPER58NeutralINR 64.40B23.73―0.02%16.04%45.60%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:KECIN:KEC53NeutralINR 90.57B21.01―1.65%-1.94%-38.13%
IN:BGRENERGYIN:BGRENERGY38UnderperformINR 22.90B-1.80――-38.23%-10.95%
IN:HCCIN:HCC38UnderperformINR 49.09B30.90――-14.10%-19.54%

* General Sector Average

Performance Comparison

-60%-40%-20%0%20%IN:SKIPPERIN:BGRENERGYIN:HCCIN:KECIN:KPILIN:POWERMECHDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:SKIPPER and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:SKIPPERSkipper Ltd509.9018.033.67%
IN:BGRENERGYBGR Energy Systems Limited309.80-102.20-24.81%
IN:HCCHindustan Construction Co. Ltd.18.42-7.19-28.07%
IN:KECKEC International Ltd.333.55-442.27-57.01%
IN:KPILKalpataru Projects International Limited1346.45104.818.44%
IN:POWERMECHPower Mech Projects Ltd.2405.85-89.51-3.59%

Skipper Ltd Corporate Events

Skipper Limited Files SEBI Compliance Certificate for Q2 2026

Oct 10, 2026

Skipper Limited has filed a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2026. The certificate from registrar Maheshwari Datamatics confirms that no dem...

Skipper Gets Voluntary ESG Score of 60, Rated ‘Adequate’ on Risk

Sep 17, 2026

Skipper Limited has received an ESG score of 60 from ESG Risk Assessments & Insights Limited based on publicly available information. The assessment categorizes the company’s ESG risk as “Adequate,” offering stakeholders a benchmark of its current su...

Skipper Moves to Bridge Email Gap With AGM, Annual Report Weblinks

Aug 22, 2026

Skipper Limited has notified exchanges that it has sent physical letters to shareholders whose email addresses are not registered, providing web links to access the company’s integrated annual report and the notice of its 45th annual general meeting...

Skipper Limited Outlines TDS Rules and Record Date for FY 2025-26 Dividend

Aug 22, 2026

Skipper Limited has informed stock exchanges that its board has recommended a dividend of ₹0.10 per equity share of face value ₹1 for the financial year ended 31 March 2026, to be paid after shareholder approval at the annual general meeting on 15 Se...

Skipper Limited Publishes AGM Notice and FY26 Annual Report Dispatch

Aug 22, 2026

Skipper Limited has announced that it has completed dispatch of the notice convening its 45th Annual General Meeting and the annual report for the financial year ended 31 March 2026 to shareholders. The public notice of this dispatch has been publish...

Skipper Ltd Sets Virtual AGM, Proposes Dividend and Audit Remuneration

Aug 22, 2026

Skipper Limited has scheduled its 45th Annual General Meeting for 15 September 2026 at 11:30 a.m. IST, to be conducted via video conferencing or other audio visual means, with remote e-voting provided through NSDL. The company has revised the cut-off...

Skipper Ltd Resets Record Date for 2025-26 Final Dividend

Aug 22, 2026

Skipper Ltd has revised the record date for determining eligible shareholders to receive its final dividend for the 2025-26 financial year. The new record date for equity shareholders is set as 8 September 2026, replacing the previously communicated...

Skipper Revises Record Date for FY 2025-26 Final Dividend Eligibility

Aug 22, 2026

Skipper Ltd has revised the record date for determining eligible shareholders for its proposed final dividend for financial year 2025-26, shifting it from 4 September 2026 to 8 September 2026. The dividend remains subject to shareholder approval at t...

Skipper Limited Publishes Q1 FY27 Results in Newspapers, Reaffirms SEBI Compliance

Aug 12, 2026

Skipper Limited, a Kolkata-based listed company trading on both the National Stock Exchange of India and BSE, has reaffirmed its compliance-focused approach to investor communications by formally notifying exchanges of its latest statutory financial...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 10, 2026