Skipper Ltd (Electrical Equipments/HVDC) — fundamental analysis, earnings data, and key metrics. PE: 20.6. ROE: 14.4%. This stock is not currently in the Nifty 500 momentum outperformers list.
Deep value thesis based on recent earnings • Updated Mar 28, 2026
Operational excellence and sector tailwinds are driving Skipper's margin expansion and debt reduction, creating a multi-year re-rating opportunity from current undervaluation.
Verdict
TURNAROUND_IN_PROGRESS
Re-rating catalysts over the next 2-4 quarters • Updated Mar 28, 2026
High-margin domestic orders (90% of revenue) reaching full production in Q4 FY26.
Impact: +₹150 Cr revenue
“Q3 revenue 90% domestic at 30% YoY growth; order book 70% domestic”
D/E reduction to 0.75x by June 2026 attracting value funds with leverage screens.
“D/E at 0.9x in Q3 vs 1.2x in FY25; CFO improving”
Government infrastructure spending acceleration under PLI scheme boosting margins.
Impact: +₹200 Cr revenue
“Govt's $1.3bn PLI scheme for power equipment announced Dec 2025”
Risks that could prevent re-rating or deepen the value trap
Commodity price volatility increasing
Impact: -150 bps margin impact
Management view: Hedging strategy is part of risk management framework per con-call
Monitor: OCI fluctuations quarter-over-quarter
Global infrastructure spending slowing
Impact: -50 bps margin impact
Management view: Focus shifting to domestic market per MD comments
Monitor: Export revenue as % of total
Forward-looking targets from management for FY27
Revenue Growth Target
18%
Implied PAT Growth
35%
OPM Guidance
10.5%
Capex Plan
₹300 Cr
Key Milestones
• D/E < 0.75x by Jun 2026
• Order book conversion > 85% in FY26
The above analysis is AI-generated from publicly available financial data. This is educational research only — not investment advice. Last updated Mar 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Skipper Ltd's latest quarterly results (Dec 2025) show
Skipper Ltd's current PE ratio is 20.6x.
Skipper Ltd's price-to-book ratio is 3.1x.
Skipper Ltd's fundamental strength based on key financial ratios
Skipper Ltd has a debt-to-equity ratio of N/A.
Skipper Ltd's return ratios over recent years
Skipper Ltd's operating cash flow is positive (FY2025).
Skipper Ltd's current dividend yield is 0.03%.
Skipper Ltd's shareholding pattern (Dec 2025)
Skipper Ltd's promoter holding has remained stable recently.
Skipper Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Skipper Ltd has 3 key growth catalysts identified from recent earnings analysis
Skipper Ltd has 2 key risks worth monitoring
Skipper Ltd's management has provided the following forward guidance for FY27
Based on quantitative research signals, here is why Skipper Ltd may be worth studying
Skipper Ltd investment thesis summary:
Skipper Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
