Skipper
Market Cap
₹3.9b
Last Updated
2020/02/16 13:07 UTC
Data Sources
Company Financials
Executive Summary
Skipper Limited manufactures and sells engineering and polymer products in India.
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Skipper's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKIPPER's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.0%
SKIPPER
-1.8%
IN Construction
-0.4%
IN Market
1 Year Return
-39.7%
SKIPPER
1.5%
IN Construction
11.1%
IN Market
Return vs Industry: SKIPPER underperformed the Indian Construction industry which returned 1.5% over the past year.
Return vs Market: SKIPPER underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| SKIPPER | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.0% | -1.8% | -0.4% |
| 30 Day | -26.2% | -3.5% | -1.2% |
| 90 Day | -28.3% | -4.9% | 3.3% |
| 1 Year | -39.4%-39.7% | 2.8%1.5% | 13.0%11.1% |
| 3 Year | -74.0%-74.6% | 13.3%9.2% | 25.3%18.6% |
| 5 Year | n/a | 14.2%7.8% | 35.4%23.1% |
Price Volatility Vs. Market
How volatile is Skipper's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Read This Before Buying Skipper Limited (NSE:SKIPPER) For Its Dividend2 weeks ago | Simply Wall St
Introducing Skipper (NSE:SKIPPER), The Stock That Slid 70% In The Last Three Years1 month ago | Simply Wall St
Don't Sell Skipper Limited (NSE:SKIPPER) Before You Read ThisValuation
Is Skipper undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SKIPPER (₹37.55) is trading below our estimate of fair value (₹117.16)
Significantly Below Fair Value: SKIPPER is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SKIPPER is poor value based on its PE Ratio (12.7x) compared to the Construction industry average (10.7x).
PE vs Market: SKIPPER is good value based on its PE Ratio (12.7x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SKIPPER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SKIPPER is overvalued based on its PB Ratio (0.6x) compared to the IN Construction industry average (0.6x).
Next Steps
Future Growth
How is Skipper forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.1%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Skipper has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Skipper is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Skipper competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Skipper performed over the past 5 years?
-11.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKIPPER has high quality earnings.
Growing Profit Margin: SKIPPER's current net profit margins (2.2%) are lower than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: SKIPPER's earnings have declined by -11.3% per year over the past 5 years.
Accelerating Growth: SKIPPER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SKIPPER had negative earnings growth (-50.8%) over the past year, making it difficult to compare to the Construction industry average (3.2%).
Return on Equity
High ROE: SKIPPER's Return on Equity (4.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Skipper's financial position?
Financial Position Analysis
Short Term Liabilities: SKIPPER's short term assets (₹11.5B) exceed its short term liabilities (₹8.4B).
Long Term Liabilities: SKIPPER's short term assets (₹11.5B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: SKIPPER's debt to equity ratio (95%) is considered high.
Reducing Debt: SKIPPER's debt to equity ratio has reduced from 174.9% to 95% over the past 5 years.
Debt Coverage: SKIPPER's debt is well covered by operating cash flow (28.7%).
Interest Coverage: SKIPPER's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
Inventory Level: SKIPPER has a high level of physical assets or inventory.
Debt Coverage by Assets: SKIPPER's debt is covered by short term assets (assets are 1.9x debt).
Next Steps
Dividend
What is Skipper's current dividend yield, its reliability and sustainability?
0.65%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SKIPPER's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: SKIPPER's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (2.51%).
Stability and Growth of Payments
Stable Dividend: SKIPPER has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SKIPPER's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.3%), SKIPPER's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Sajan Bansal (61yo)
12.3yrs
Tenure
₹18,000,000
Compensation
Mr. Sajan Kumar Bansal has been the Managing Director of Skipper Limited, since October 2007. Mr. Bansal is having an experience of over 25 years in steel and engineering industry. He has been a Director a ...
CEO Compensation Analysis
Compensation vs Market: Sajan's total compensation ($USD251.70K) is above average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Sajan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 12.3yrs | ₹18.00m | 21.29% ₹836.0m | |
| Chief Financial Officer | 0yrs | ₹8.04m | 0.049% ₹1.9m | |
| Compliance Officer & Company Secretary | 3yrs | ₹963.00k | no data | |
| Executive Director | 12.8yrs | ₹9.00m | 0.019% ₹765.0k | |
| Executive Director | 18yrs | ₹9.00m | 0.019% ₹765.0k | |
| Executive Director | 2.4yrs | ₹4.07m | no data | |
| CEO of Polymer Division & Executive Director | 9.3yrs | ₹9.00m | 0.0097% ₹382.5k | |
| Senior Manager of Technical | 0yrs | no data | 0.0049% ₹191.3k | |
| Chief Manager of Drawing | 0yrs | no data | no data |
3.3yrs
Average Tenure
37.5yo
Average Age
Experienced Management: SKIPPER's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 12.3yrs | ₹18.00m | 21.29% ₹836.0m | |
| Executive Director | 12.8yrs | ₹9.00m | 0.019% ₹765.0k | |
| Executive Director | 18yrs | ₹9.00m | 0.019% ₹765.0k | |
| Executive Director | 2.4yrs | ₹4.07m | no data | |
| CEO of Polymer Division & Executive Director | 9.3yrs | ₹9.00m | 0.0097% ₹382.5k | |
| Independent Director | 4yrs | ₹160.00k | no data | |
| Independent Director | 2.4yrs | ₹270.00k | no data | |
| Chairman & Lead Independent Director | 0yrs | ₹330.00k | no data | |
| Independent Director | 5yrs | ₹225.00k | no data | |
| Independent Non-Executive Director | 1.4yrs | ₹75.00k | no data |
5.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: SKIPPER's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Skipper Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Skipper Limited
- Ticker: SKIPPER
- Exchange: NSEI
- Founded: 1981
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: ₹3.927b
- Shares outstanding: 102.67m
- Website: https://www.skipperlimited.com
Number of Employees
Location
- Skipper Limited
- 3A, Loudon Street
- 1st Floor
- Kolkata
- West Bengal
- 700017
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 538562 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 2014 |
| SKIPPER | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 2014 |
Biography
Skipper Limited manufactures and sells engineering and polymer products in India. It operates through Engineering Products, Infrastructure Projects, and Polymer Products segments. The Engineering Products segment offers power transmission towers, power distribution poles, transmission line monopoles, mid steel and high tensile angles, solar structures, fasteners, tower accessories, telecom towers, angles, channels, highmast poles, swaged poles, scaffoldings, solar power systems, railway structures, etc. The Infrastructure Projects segment provides horizontal direct drilling services; and engineering, procurement, and construction services. Its solutions cover transmission line EPC, and underground utility laying by horizontal directional drilling. The Polymer Products segment offers overhead tanks, CPVC solvent cement, fittings, and other related products, as well as UPVC, CPVC, SWR, agricultural, and bore well pipes and fittings. The company also exports its products to South America, Europe, Africa, the Middle East, South and Southeast Asia, and Australia. Skipper Limited was founded in 1981 and is based in Kolkata, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 13:07 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.