Integrated Filing — IndAS



General information about company

Scrip Code 538562
NSE Symbol SKIPPER
MSEI Symbol NOTLISTED
ISIN INE439E01022
Name of company SKIPPER LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 11-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-08-2026   12:00:00
End date and time of board meeting 11-08-2026   13:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,30,983.20 1,30,983.20
Other income 441.30 441.30
Total income 1,31,424.50 1,31,424.50
2 Expenses
(a) Cost of materials consumed 84,432.80 84,432.80
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (7,019.90) (7,019.90)
(d) Employee benefit expense 7,141.60 7,141.60
(e) Finance costs 4,669.40 4,669.40
(f) Depreciation, depletion and amortisation expense 2,218.10 2,218.10
(f) Other Expenses
1 Other Expenses 12,917.50 12,917.50
2 Labour, Stores and other project expenses 19,499.90 19,499.90
Total other expenses 32,417.40 32,417.40
Total expenses 1,23,859.40 1,23,859.40
3 Total profit before exceptional items and tax 7,565.10 7,565.10
4 Exceptional items 0.00 0.00
5 Total profit before tax 7,565.10 7,565.10
6 Tax expense
7 Current tax 1,929.50 1,929.50
8 Deferred tax (11.70) (11.70)
9 Total tax expenses 1,917.80 1,917.80
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 5,647.30 5,647.30
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 34.10 34.10
16 Total profit (loss) for period 5,681.40 5,681.40
17 Other comprehensive income net of taxes (9,326.20) (9,326.20)
18 Total Comprehensive Income for the period (3,644.80) (3,644.80)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,129.00 1,129.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.03 5.03
Diluted earnings (loss) per share from continuing operations 5.03 5.03
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.03 5.03
Diluted earnings (loss) per share from continuing and discontinued operations 5.03 5.03
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above consolidated financial Results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 11th August, 2026. The Statutory Auditors have carried out limited review of the above financial results. 2. The above consolidated financial results comprise the financial results of the Parent Company, Skipper Limited, and one Joint Venture. The Company incorporated a wholly owned subsidiary, SKIPPER LATAM LTDA, in Brazil on 13th March, 2026 and another wholly owned subsidiary, Skipper Transmission and Distribution L.L.C-S.P.C, in Abu Dhabi, UAE on 12th May, 2026. Both the subsidiaries have not commenced business operations as at 30th June, 2026. Further, no capital contribution has been made and no shares have been allotted to the Holding Company in either of the subsidiaries as at 30th June, 2026. The subsidiaries have not undertaken any financial transactions during the quarter ended 30th June, 2026 and accordingly, have no impact on the accompanying consolidated financial results. 3. The figures of the last quarter for the previous year are the balancing figures between the audited figures for the full financial year and the published year to date figures upto 31st December of the year. 4. The Company has entered into certain “Commodity/ Currency Hedge (derivative) contracts” and designated the same as cash flow hedges in accordance with Ind AS 109, Financial Instruments. The effective portion of changes in the fair value of these derivative instruments amounting to Rs. 1,240.50 million for the quarter ended 30th June, 2026 (Rs. 928.27 million, net of deferred tax of Rs. 312.23 million), Rs. 692.32 million for the quarter ended 31st March, 2026 (Rs. 518.06 million, net of deferred tax of Rs. 174.26 million) and Rs. 1,159.36 million for the year ended 31st March, 2026 (Rs. 867.55 million, net of deferred tax of Rs. 291.81 million), respectively, has been recognised in “Other Comprehensive Income” and accumulated under “Cash Flow Hedge Reserve” within Other Equity. 5. The Board of Directors of the Company, at its meeting held on 3rd June, 2026, approved the issue and allotment of 92,23,402 equity shares on a preferential basis through private placement at an issue price of Rs. 470 per equity share, (including a securities premium of Rs. 469 per share), aggregating to Rs. 4,335.00 million. The proposed preferential issue was subsequently approved by the shareholders of the Company at the Extra-Ordinary General Meeting held on 26th June, 2026. Pursuant to the aforesaid approvals, the Company allotted 92,23,402 equity shares on 31st July, 2026. The Company is in the process of obtaining listing and trading approval for the aforesaid equity shares from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). 6. Previous year/periods figures have been regrouped or rearranged, wherever necessary.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Engineering Products 94,013.40 94,013.40
2 Polymer Products 11,700.30 11,700.30
3 Infrastructure Projects 25,269.50 25,269.50
Total Segment Revenue 1,30,983.20 1,30,983.20
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,30,983.20 1,30,983.20
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Engineering Products 11,623.50 11,623.50
2 Polymer Products 437.20 437.20
3 Infrastructure Projects 1,953.70 1,953.70
Total Profit before tax 14,014.40 14,014.40
i. Finance cost 4,516.40 4,516.40
ii. Other Unallocable Expenditure net off Unallocable income 1,898.80 1,898.80
Profit before tax 7,599.20 7,599.20
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Engineering Products 2,66,088.70 2,66,088.70
2 Polymer Products 57,364.00 57,364.00
3 Infrastructure Projects 1,01,592.50 1,01,592.50
Total Segment Asset 4,25,045.20 4,25,045.20
Un-allocable Assets 20,567.60 20,567.60
Net Segment Asset 4,45,612.80 4,45,612.80
4 Segment Liabilities
Segment Liabilities
1 Engineering Products 1,26,730.40 1,26,730.40
2 Polymer Products 14,597.50 14,597.50
3 Infrastructure Projects 41,539.40 41,539.40
Total Segment Liabilities 1,82,867.30 1,82,867.30
Un-allocable Liabilities 1,17,267.40 1,17,267.40
Net Segment Liabilities 3,00,134.70 3,00,134.70
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to Statement of Profit & Loss (58.90) (58.90)
Total Amount of items that will not be reclassified to profit and loss (58.90)
2 Income tax relating to items that will not be reclassified to profit or loss (14.80) (14.80)
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to Statement of Profit & Loss (12,405.00) (12,405.00)
2 Share of Other Comprehensive Income of joint venture 0.60 0.60
Total Amount of items that will be reclassified to profit and loss (12,404.40)
4 Income tax relating to items that will be reclassified to profit or loss (3,122.30) (3,122.30)
5 Total Other comprehensive income (9,326.20) (9,326.20)