NSEI:SKIPPER

Stock Analysis Report

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Executive Summary

Skipper Limited manufactures and sells engineering and polymer products in India. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


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

7.9%

SKIPPER

-0.4%

IN Construction

-0.6%

IN Market


1 Year Return

1.0%

SKIPPER

-31.7%

IN Construction

2.2%

IN Market

Return vs Industry: SKIPPER exceeded the Indian Construction industry which returned -31.7% over the past year.

Return vs Market: SKIPPER underperformed the Indian Market which returned 2.2% over the past year.


Shareholder returns

SKIPPERIndustryMarket
7 Day7.9%-0.4%-0.6%
30 Day3.9%-2.1%0.2%
90 Day51.7%-0.7%6.7%
1 Year1.2%1.0%-30.4%-31.7%3.9%2.2%
3 Year-75.4%-75.8%-30.0%-32.8%2.6%-2.4%
5 Year-64.0%-65.2%-11.2%-16.8%41.3%30.8%

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

Valuation

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 (₹54.6) is trading below our estimate of fair value (₹168.83)

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 (25.8x) compared to the IN Construction industry average (11.6x).

PE vs Market: SKIPPER is poor value based on its PE Ratio (25.8x) compared to the Indian market (16.3x).


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 (0.8x) compared to the IN Construction industry average (0.5x).


Next Steps

Future Growth

How is Skipper forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.8%

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

Past Performance

How has Skipper performed over the past 5 years?

-19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKIPPER has high quality earnings.

Growing Profit Margin: SKIPPER's current net profit margins (1.7%) are lower than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: SKIPPER's earnings have declined by 19.3% 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 (-36.9%) over the past year, making it difficult to compare to the Construction industry average (-14.8%).


Return on Equity

High ROE: SKIPPER's Return on Equity (3.2%) is considered low.


Next Steps

Financial Health

How is Skipper's financial position?


Financial Position Analysis

Short Term Liabilities: SKIPPER's short term assets (₹10.5B) exceed its short term liabilities (₹8.3B).

Long Term Liabilities: SKIPPER's short term assets (₹10.5B) exceed its long term liabilities (₹2.0B).


Debt to Equity History and Analysis

Debt Level: SKIPPER's debt to equity ratio (65.8%) is considered high.

Reducing Debt: SKIPPER's debt to equity ratio has reduced from 106.3% to 65.8% over the past 5 years.

Debt Coverage: SKIPPER's debt is well covered by operating cash flow (47.4%).

Interest Coverage: SKIPPER's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Skipper current dividend yield, its reliability and sustainability?

0.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SKIPPER's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.57%).

High Dividend: SKIPPER's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).


Stability and Growth of Payments

Stable Dividend: SKIPPER is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: SKIPPER is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SKIPPER is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SKIPPER's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Sajan Bansal (62 yo)

13yrs

Tenure

₹14,400,000

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 ($USD196.31K) is above average for companies of similar size in the Indian market ($USD56.07K).

Compensation vs Earnings: Sajan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sajan Bansal
MD & Director13yrs₹14.40m21.29%
₹ 1.2b
Sanjay Agrawal
Chief Financial Officerno data₹6.06m0.049%
₹ 2.7m
Manish Agarwal
Compliance Officer & Company Secretary3.67yrs₹940.00kno data
Devesh Bansal
Whole-Time Director13.5yrs₹12.00m0.019%
₹ 1.1m
Sharan Bansal
Whole-Time Director18.67yrs₹12.00m0.019%
₹ 1.1m
Yash Jain
Whole Time Director3.08yrs₹4.07mno data
Siddharth Bansal
CEO of Polymer Division & Whole-Time Director10yrs₹12.00m0.0097%
₹ 546.5k
Abhishek Goel
Senior Manager of Technicalno datano datano data
Ranjit Mukherjee
Chief Manager of Drawingno datano datano data

3.9yrs

Average Tenure

38.5yo

Average Age

Experienced Management: SKIPPER's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sajan Bansal
MD & Director13yrs₹14.40m21.29%
₹ 1.2b
Devesh Bansal
Whole-Time Director13.5yrs₹12.00m0.019%
₹ 1.1m
Sharan Bansal
Whole-Time Director18.67yrs₹12.00m0.019%
₹ 1.1m
Yash Jain
Whole Time Director3.08yrs₹4.07mno data
Siddharth Bansal
CEO of Polymer Division & Whole-Time Director10yrs₹12.00m0.0097%
₹ 546.5k
Joginder Dua
Independent Director4.67yrs₹215.00kno data
Ashok Bhandari
Independent Director3.08yrs₹160.00kno data
Amit Deb
Chairman & Lead Independent Directorno data₹205.00kno data
Mamta Binani
Independent Director5.67yrs₹130.00kno data
Pramod Shah
Independent Non-Executive Director2.08yrs₹140.00kno data

5.7yrs

Average Tenure

64.5yo

Average Age

Experienced Board: SKIPPER's board of directors are considered experienced (5.7 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: ₹5.611b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538562BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2014
SKIPPERNSEI (National Stock Exchange of India)YesEquity SharesININRJul 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:33
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.