Skipper Ltd. announced fresh order wins worth ₹1,265 crore across domestic and international power transmission and distribution (T&D) projects on Friday, May 15. According to reports from CNBC TV18 and ETEnergyworld, the new orders include 765 kV and 400 kV transmission line projects from a domestic developer, along with tower and monopole supply orders for T&D projects in Latin American markets. The orders were secured across both Indian and export markets, strengthening the company's position as one of the world's leading manufacturers for Power Transmission & Distribution structures and a major EPC player in 765 kV transmission lines and substations. The company currently carries a market capitalisation of ₹5,213.59 crores and maintains operations across more than 65 countries spanning Latin America, Europe and Africa.
Following the order win announcement, shares of Skipper gained 0.70% to reach ₹461.05 per equity share, gaining ₹3.20 as of 1:07 pm IST on Friday, according to latest market data. This represents a more modest gain compared to the earlier 6.21% surge to ₹486.25 per share reported earlier. The stock has since retreated from its intraday high, reflecting the market's measured response to the order announcement. The continued positive sentiment toward Skipper's position as one of India's largest T&D manufacturers and its expanding global presence remains evident in the stock's overall performance trajectory.
Skipper Limited reported its highest-ever closing order book of ₹8,502 crore in March 2026, compared to ₹7,458 crore in March 2025, as reported by Trade Brains. The company recorded annual new order inflows of ₹5,678 crore during FY26, while new orders received in Q4 FY26 stood at ₹1,029 crore. Over the last five years, the company's order book has grown at a CAGR of 41.6%. The power transmission and distribution (T&D) business remains the company's largest segment, contributing around 77% of the total order book, while non-T&D businesses including telecom, railways, solar, water EPC, and other steel structures contributed 13%, and export orders accounted for around 10%.
Skipper Limited's financial performance has shown robust growth with revenue increasing from ₹1,288 crore in Q3 FY25 to ₹1,667 crore in Q3 FY26, representing a 29.43% growth. The company's net profit has grown by 72.73% from ₹44 crore in Q3 FY25 to ₹76 crore in Q3 FY26. As reported by Trade Brains, Skipper's revenue and net profit have grown at a CAGR of 41.02% and 84.42% respectively over the last three years. The company maintains strong return ratios with ROCE at 23.3% and ROE at 16.2%, while its earnings per share (EPS) stands at ₹18.4 and debt-to-equity ratio is 0.64x.
Director Sharan Bansal commented on the development, stating that the receipt of new orders aggregating to ₹1,265 crores across domestic and international markets marks another significant milestone for the company and underscores the strength of its diversified T&D business model. According to CNBC TV18, ETEnergyworld, and Trade Brains, Bansal emphasised that these order wins reflect the company's 'strong technical capabilities, proven execution track record, and growing customer confidence across geographies,' and are a testament to its growing capabilities in the high-complexity segment of India's power infrastructure build-out. He noted that 'the continued momentum in order inflows aligns with the increasing investments being witnessed domestically and globally in transmission infrastructure, grid expansion, and renewable energy integration.' Bansal further added that with a robust order pipeline and improving opportunities across key markets, the company remains focused on disciplined execution, operational efficiency, and prudent project selection while creating long-term value for stakeholders.
