Valuation Update With 7 Day Price Move • 7h
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹549, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 394% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹367 per share. Reported Earnings • Apr 30
Full year 2026 earnings released: EPS: ₹19.00 (vs ₹13.86 in FY 2025) Full year 2026 results: EPS: ₹19.00 (up from ₹13.86 in FY 2025). Revenue: ₹55.6b (up 20% from FY 2025). Net income: ₹2.13b (up 43% from FY 2025). Profit margin: 3.8% (up from 3.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 22
Skipper Limited to Report Q4, 2026 Results on Apr 28, 2026 Skipper Limited announced that they will report Q4, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹465, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 340% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹436 per share. Buy Or Sell Opportunity • Mar 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to ₹333. The fair value is estimated to be ₹433, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Buy Or Sell Opportunity • Mar 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to ₹341. The fair value is estimated to be ₹430, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: ₹4.63 (vs ₹3.35 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.63 (up from ₹3.35 in 3Q 2025). Revenue: ₹13.7b (up 21% from 3Q 2025). Net income: ₹527.9m (up 46% from 3Q 2025). Profit margin: 3.9% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 49% per year. Announcement • Jan 24
Skipper Limited to Report Q3, 2026 Results on Jan 29, 2026 Skipper Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Buy Or Sell Opportunity • Dec 31
Now 27% overvalued Over the last 90 days, the stock has fallen 17% to ₹435. The fair value is estimated to be ₹343, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 50% in 2 years. Earnings are forecast to grow by 90% in the next 2 years. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: ₹3.28 (vs ₹3.13 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.28 (up from ₹3.13 in 2Q 2025). Revenue: ₹12.7b (up 14% from 2Q 2025). Net income: ₹370.3m (up 12% from 2Q 2025). Profit margin: 2.9% (in line with 2Q 2025). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 01
Skipper Limited to Report Q2, 2026 Results on Nov 07, 2025 Skipper Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 07, 2025 Announcement • Sep 25
Skipper Limited Approves Dividend for the Financial Year Ended 31 March, 2025 Skipper Limited at its 44th Annual General Meeting of the Company held on 23 September, 2025 approved to declare a dividend for the Financial Year ended 31 March, 2025. The Board of Directors has recommended a Dividend of 10% i.e. INR 0.10 per equity share of face value of INR 1 each fully paid up and Rs. 0.025 per equity share of face value of INR 0.25 each partly paid up. Upcoming Dividend • Sep 09
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 16 September 2025. Payment date: 23 October 2025. Payout ratio is a comfortable 0.7% but the company is not cash flow positive. The company last paid an ordinary dividend in May 2015. The average dividend yield among industry peers is 0.8%. Declared Dividend • Aug 02
Dividend of ₹0.10 announced Dividend of ₹0.10 is the same as last year. Ex-date: 16th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.02%, which is lower than the industry average of 0.6%. Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: ₹4.01 (vs ₹3.08 in 1Q 2025) First quarter 2026 results: EPS: ₹4.01 (up from ₹3.08 in 1Q 2025). Revenue: ₹12.6b (up 15% from 1Q 2025). Net income: ₹452.6m (up 40% from 1Q 2025). Profit margin: 3.6% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 01
Skipper Limited, Annual General Meeting, Sep 23, 2025 Skipper Limited, Annual General Meeting, Sep 23, 2025. Announcement • Jul 25
Skipper Limited to Report Q1, 2026 Results on Jul 31, 2025 Skipper Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Buy Or Sell Opportunity • May 19
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to ₹504. The fair value is estimated to be ₹398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 54%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 97% in the next 2 years. Reported Earnings • May 02
Full year 2025 earnings released Full year 2025 results: Revenue: ₹46.4b (up 42% from FY 2024). Net income: ₹1.49b (up 83% from FY 2024). Profit margin: 3.2% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Announcement • Apr 25
Skipper Limited to Report Q4, 2025 Results on Apr 30, 2025 Skipper Limited announced that they will report Q4, 2025 results on Apr 30, 2025 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹463, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 692% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹463 per share. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹3.35 (vs ₹1.99 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.35 (up from ₹1.99 in 3Q 2024). Revenue: ₹11.4b (up 42% from 3Q 2024). Net income: ₹360.9m (up 76% from 3Q 2024). Profit margin: 3.2% (up from 2.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Jan 29
Skipper Limited to Report Q3, 2025 Results on Feb 05, 2025 Skipper Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹415, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Construction industry in India. Total returns to shareholders of 482% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹317 per share. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹466, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 501% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹323 per share. New Risk • Dec 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹3.13 (vs ₹1.93 in 2Q 2024) Second quarter 2025 results: EPS: ₹3.13 (up from ₹1.93 in 2Q 2024). Revenue: ₹11.1b (up 44% from 2Q 2024). Net income: ₹329.3m (up 67% from 2Q 2024). Profit margin: 3.0% (up from 2.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 29
Skipper Limited Announces Change in Management Skipper Limited announced that at its board meeting held on October 28, 2024, upon recommendation of the Nomination & Remuneration Committee has determined that some officers and personnel neither fall under the category of functional heads and nor hold the status of core management team members as per the definition of Senior Management, therefore, it is decided that the following Senior officers be excluded from the category of Senior Management Personnel (SMPs): Asish Raha - Senior Vice President-Human Resource and Mukesh Chandaliya - Head Production- Pole. Reason for Change is Otherwise - Due to amendment in definition of Senior Management in SEBI(LODR) Regulation, 2015. Announcement • Oct 23
Skipper Limited to Report Q2, 2025 Results on Oct 28, 2024 Skipper Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹548, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Construction industry in India. Total returns to shareholders of 601% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹486, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 513% over the past three years. Announcement • Sep 24
Skipper Limited Approves Dividend for the Financial Year Ended 31 March, 2024 Skipper Limited at its 43rd Annual General Meeting held on 19th September, 2024, approved the declaration of dividend for the financial year ended 31st March, 2024. The Board of Directors has recommended a Dividend of 10% i.e. INR 0.10 per equity share of face value of INR 1 each fully paid up and INR 0.025 per equity share of face value of INR 0.25 each partly paid up. Recent Insider Transactions • Sep 20
Insider recently sold ₹2.2m worth of stock On the 17th of September, Mira Beriwal sold around 5k shares on-market at roughly ₹435 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.4m more than they bought in the last 12 months. Declared Dividend • Aug 30
Dividend of ₹0.10 announced Dividend of ₹0.10 is the same as last year. Ex-date: 12th September 2024 Payment date: 19th October 2024 Dividend yield will be 0.02%, which is lower than the industry average of 0.6%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 1%. Announcement • Aug 28
Skipper Limited Recommends Dividend for the Financial Year Ended March 31, 2024 Skipper Limited recommends at its AGM to be held on September 19, 2024, dividend for the financial year ended March 31, 2024. The Board of Directors has recommended a Dividend of 10% i.e. INR 0.10 per equity share of face value of INR 1 each fully paid up and INR 0.025 per equity share of face value of INR 0.25 each partly paid up. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹3.08 (vs ₹1.58 in 1Q 2024) First quarter 2025 results: EPS: ₹3.08 (up from ₹1.58 in 1Q 2024). Revenue: ₹10.9b (up 97% from 1Q 2024). Net income: ₹324.2m (up 100% from 1Q 2024). Profit margin: 3.0% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹403, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 30x in the Construction industry in India. Total returns to shareholders of 365% over the past three years. Announcement • Jul 23
Skipper Limited to Report Q1, 2025 Results on Jul 30, 2024 Skipper Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹349, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 331% over the past three years. Reported Earnings • May 02
Full year 2024 earnings released: EPS: ₹7.66 (vs ₹3.46 in FY 2023) Full year 2024 results: EPS: ₹7.66 (up from ₹3.46 in FY 2023). Revenue: ₹32.9b (up 66% from FY 2023). Net income: ₹816.7m (up 130% from FY 2023). Profit margin: 2.5% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
Skipper Limited to Report Q4, 2024 Results on May 02, 2024 Skipper Limited announced that they will report Q4, 2024 results on May 02, 2024 Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹323, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 25x in the Construction industry in India. Total returns to shareholders of 442% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹258, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 305% over the past three years. New Risk • Feb 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹338, the stock trades at a trailing P/E ratio of 43.3x. Average trailing P/E is 27x in the Construction industry in India. Total returns to shareholders of 466% over the past three years. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹1.99 (vs ₹0.92 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.99 (up from ₹0.92 in 3Q 2023). Revenue: ₹8.04b (up 81% from 3Q 2023). Net income: ₹204.7m (up 115% from 3Q 2023). Profit margin: 2.5% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 12
Skipper Limited Appoints Jalaj Malpani as President- Business Excellence, Effective 14 February 2024 Skipper Limited announced that the Board of Directors at its meeting held on 12th February 2024, upon recommendation of the Nomination & Remuneration Committee has appointed Mr. Jalaj Malpani as President- Business Excellence (Senior Management Personnel) of the Company w.e.f 14th February, 2024. Mr. Jalaj Malpani has done B.Com. from St. Xaviers College, Kolkata in 1987, CA - Final from ICAI, India in 1992 and AICWA-Final from ICWAI, India in 1989. He is a professional with 33 years of experience with special focus on long term strategy, business transformation, procurement function, logistic optimisation, digitalisation & Plant automation etc. Previously, he was associated with Arcelor Mittal, Kazakhstan as Deputy Chief Executive Officer. Announcement • Feb 06
Skipper Limited to Report Q3, 2024 Results on Feb 12, 2024 Skipper Limited announced that they will report Q3, 2024 results on Feb 12, 2024 New Risk • Feb 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹296, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 27x in the Construction industry in India. Total returns to shareholders of 365% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹266, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 25x in the Construction industry in India. Total returns to shareholders of 297% over the past three years. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹1.93 (vs ₹0.29 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.93 (up from ₹0.29 in 2Q 2023). Revenue: ₹7.74b (up 68% from 2Q 2023). Net income: ₹197.8m (up ₹167.9m from 2Q 2023). Profit margin: 2.6% (up from 0.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 01
Skipper Limited to Report Q2, 2024 Results on Nov 07, 2023 Skipper Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Buying Opportunity • Oct 25
Now 23% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be ₹271, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 19%. Announcement • Sep 21
Skipper Limited Declares Dividend for the Financial Year Ended 31 March, 2023 Skipper Limited at its Annual General Meeting held on 19 September, 2023 declared dividend of 10% i.e INR 0.10 per equity share of face value of INR 1 each, fully paid up for the financial year ended 31 March, 2023. Buying Opportunity • Sep 12
Now 20% undervalued Over the last 90 days, the stock is up 55%. The fair value is estimated to be ₹269, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 19%. Upcoming Dividend • Sep 05
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 12 September 2023. Payment date: 19 October 2023. Payout ratio is a comfortable 2.9% and this is well supported by cash flows. The company last paid an ordinary dividend in July 2014. The average dividend yield among industry peers is 0.8%. Announcement • Aug 19
Skipper Limited, Annual General Meeting, Sep 19, 2023 Skipper Limited, Annual General Meeting, Sep 19, 2023, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹196, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 326% over the past three years. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹1.58 (vs ₹0.06 loss in 1Q 2023) First quarter 2024 results: EPS: ₹1.58 (up from ₹0.06 loss in 1Q 2023). Revenue: ₹5.56b (up 34% from 1Q 2023). Net income: ₹162.5m (up ₹169.0m from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 29% per year over the past 5 years. Announcement • Aug 04
Skipper Limited to Report Q1, 2024 Results on Aug 10, 2023 Skipper Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹169, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 253% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹133, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 290% over the past three years. Announcement • May 16
Skipper Limited Recommends Dividend of for the Financial Year Ended March 31, 2023 Skipper Limited at its board meeting held on May 15, 2023, recommended a dividend of 10% i.e INR 0.10 per equity share of face value of INR 1 each, for the financial year ended 31st March, 2023, subject to the approval of shareholders in the ensuing Annual General Meeting of the Company. Payment of dividend, if declared, shall be made within 30 days from the date of approval by the Shareholders in the Annual General Meeting of the Company. Reported Earnings • May 16
Full year 2023 earnings released: EPS: ₹3.46 (vs ₹2.45 in FY 2022) Full year 2023 results: EPS: ₹3.46 (up from ₹2.45 in FY 2022). Revenue: ₹19.9b (up 16% from FY 2022). Net income: ₹355.7m (up 41% from FY 2022). Profit margin: 1.8% (up from 1.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • May 02
Now 21% undervalued Over the last 90 days, the stock is up 7.8%. The fair value is estimated to be ₹147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 4.2%.