According to reports from CNBC TV18, Skipper shares advanced over 3% following the announcement of new orders worth ₹1,305 crore for transmission and distribution projects. The company secured orders for power T&D projects across India and export markets, including the supply of transmission towers and monopoles for T&D projects in North America, along with two 765 kV transmission line projects from a reputed domestic developer. As per the latest market data, the stock is currently trading at ₹561.5 after gaining around 14.25 points from its previous close at ₹547.25 on NSE. The shares have delivered around 50% return over the past six months and closed in green for 7 out of the past 10 sessions.
As reported by CNBC TV18, Sharan Bansal, Director of Skipper, described the order receipt as a strong endorsement of the company's execution capabilities and technical expertise. He highlighted the renewed momentum in export business with orders from developed markets gaining traction in line with expectations. Bansal noted that the breadth of these orders strengthens the diversified T&D portfolio and reinforces Skipper's position as a trusted partner for complex power infrastructure projects across geographies. Previously, Bansal had indicated that the weak first-quarter performance was largely due to the timing of export shipments disrupted by geopolitical developments, with the company expecting export shipments to normalise in the coming quarters.
According to CNBC TV18, despite reporting single-digit growth in the April-June 2026 quarter, Skipper has retained its current FY27 guidance of 15% revenue growth and 30% profit growth. The company expects export shipments to normalise in the coming quarters, with management underscoring continued margin expansion. On a consolidated basis, Skipper's net profit rose 25.52% to ₹56.81 crore in the quarter ended June 2026 from ₹45.26 crore in the corresponding quarter of the previous year. Sales increased 4.46% to ₹1,309.83 crore in the June 2026 quarter from ₹1,253.86 crore in the June 2025 quarter. The company is among the world's leading manufacturers of power transmission and distribution structures and serves as a key EPC player in 765 kV transmission lines and substations.
As per the latest market data, Skipper has a market capitalization of ₹6,326.6 crore within the Engineering sector, ranking 31st in its category. The stock has shown remarkable performance with a 52-week high of ₹593.00 and low of ₹327.05, delivering around 200% return over the past three years. Currently, trading at a price-to-earnings multiple of 27.5 times, the stock reflects strong investor confidence in the company's growth prospects. Multiple brokerage reports indicate mixed analyst sentiment, with some maintaining BUY recommendations despite recent challenges. The company's PE ratio stands at 29.75 and PB ratio is 4.2, reflecting its current market position in the capital goods sector.
