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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	30-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	24-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	30-Apr-2025   14:00:00
End date and time of board meeting	30-Apr-2025   15:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-05
Indicate Company website link for updated RPT policy of the Company	www.skipperlimited.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	12877520000	46244800000
	Other income	90650000	195190000
	Total income	12968170000	46439990000
2	Expenses
(a)	Cost of materials consumed	7414950000	27877330000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	710860000	876420000
(d)	Employee benefit expense	491540000	1797200000
(e)	Finance costs	563260000	2127490000
(f)	Depreciation, depletion and amortisation expense	172200000	632960000
(f)	Other Expenses
1	Other Expenses	1056750000	4015630000
2	Labour, stores and other project expenses	1966910000	7161640000
	Total other expenses	3023660000	11177270000
	Total expenses	12376470000	44488670000
3	Total profit before exceptional items and tax	591700000	1951320000
4	Exceptional items	0	0
5	Total profit before tax	591700000	1951320000
6	Tax expense
7	Current tax	137610000	511620000
8	Deferred tax	10200000	-18580000
9	Total tax expenses	147810000	493040000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	443890000	1458280000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	443890000	1458280000
17	Other comprehensive income net of taxes	-6760000	-5850000
18	Total Comprehensive Income for the period	437130000	1452430000
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	112850000	112850000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.93	13.53
	Diluted earnings (loss) per share from continuing operations	3.93	13.52
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	3.93	13.53
	Diluted earnings (loss) per share from continuing and discontinued operations	3.93	13.52
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1.The above standalone financial results which are published in accordance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 30th April, 2025. The standalone financial results are in accordance with the Indian Accounting Standards IndAS as prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules thereunder. These standalone results have been subjected to an audit by the Statutory Auditors of the Company. n n2. The Taxation Laws Amendment Act 2019 the Act was passed whereby existing domestic companies were given the option to compute income-tax at a lower rate of 22% plus applicable surcharge and cess under section 115BAA of the Income Tax Act, 1961 instead of the existing rate of 30% (plus applicable surcharge and cess. During the current financial year, the company reassessed and has decided to opt for new regime with effect from 1st April, 2024. n n3. On 19th February, 2024, the Rights Issue Committee as constituted by the Board of the Company approved allotment of 10267021 partly paid-up Equity Shares at an issue price of 194 per Equity Shares including premium of 193 per Equity Shares of which 48.50 per equity Shares has been received on application within 31st March 2024 0.25 has been paid-up on application as share capital and 48.25 as a premium per equity shares, to eligible equity shareholders. Subsequently, the board on 28th October, 2024 approved making of first and final call money, which is received in full except for 109888 number of equity shares, where final call money is pending to be received till 31st March 2025. Right Issue Committee RIC in its meeting held on 30th November, 2024 and 31st December,2024 has approved for conversion of 9837458 and 319675 respectively number of partly paid equity shares into fully paid equity shares. n n4.The figures for three months ended March 31, 2025 and March 31, 2024 are arrived at as difference between audited figures in respect of full financial year and the unaudited figures upto nine months ended December 31 of the relevant financial year. Also the figures upto the end of third quarter had only been reviewed and not subjected to audit. n n5.The Board of Directors has recommended a dividend of 0.10 Per share of face value of 1 each aggregating to 11.28 million 0.025 Per share of face value of 0.25 each aggregating to 0.01 million for the year ended 31st March, 2025 subject to approval in the ensuing Annual General Meeting. n n6.Previous year periods figures have been regrouped or rearranged, wherever necessary.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	8995550000
	Capital work-in-progress	1333590000
	Investment property	0
	Goodwill	0
	Other intangible assets	10950000
	Intangible assets under development	3530000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	104230000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	360520000
	Total non-current financial assets	464750000
	Deferred tax assets (net)	0
	Other non-current assets	176560000
	Total non-current assets	10984930000
2	Current assets
	Inventories	11974060000
	Current financial asset
	Current investments	0
	Trade receivables, current	7012790000
	Cash and cash equivalents	57350000
	Bank balance other than cash and cash equivalents	1148600000
	Loans, current	0
	Other current financial assets	139040000
	Total current financial assets	8357780000
	Current tax assets (net)	0
	Other current assets	2555650000
	Total current assets	22887490000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	33872420000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	112850000
	Other equity	11718700000
	Total equity attributable to owners of parent	11831550000
	Non controlling interest
	Total equity	11831550000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2317500000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	287570000
	Total non-current financial liabilities	2605070000
	Provisions, non-current	93790000
	Deferred tax liabilities (net)	638090000
	Deferred government grants, Non-current	0
	Other non-current liabilities	557720000
	Total non-current liabilities	3894670000
	Current liabilities
	Current financial liabilities
	Borrowings, current	4697290000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	384040000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	11833730000
	Total Trade payable	12217770000
	Other current financial liabilities	410810000
	Total current financial liabilities	17325870000
	Other current liabilities	730040000
	Provisions, current	1580000
	Current tax liabilities (Net)	88710000
	Deferred government grants, Current
	Total current liabilities	18146200000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	22040870000
	Total equity and liabilites	33872420000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Engineering products	9375610000	35184940000
2	Polymer Products	1388380000	4317410000
3	Infrastructure Projects	2113530000	6742450000
	Total Segment Revenue	12877520000	46244800000
	Less: Inter segment revenue
	Revenue from operations	12877520000	46244800000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Engineering products	1036520000	3836630000
2	Polymer Products	39570000	114550000
3	Infrastructure Projects	125230000	436710000
	Total Profit before tax	1201320000	4387890000
	i. Finance cost	526210000	526210000
	ii. Other Unallocable Expenditure net off Unallocable income	83410000	83410000
	Profit before tax	591700000	1951320000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Engineering products	20600640000	20600640000
2	Polymer Products	4721970000	4721970000
3	Infrastructure Projects	6178600000	6178600000
	Total Segment Asset	31501210000	31501210000
	Un-allocable Assets	2371210000	2371210000
	Net Segment Asset	33872420000	33872420000
4	Segment Liabilities
	Segment Liabilities
1	Engineering products	9604350000	9604350000
2	Polymer Products	1289140000	1289140000
3	Infrastructure Projects	3278830000	3278830000
	Total Segment Liabilities	14172320000	14172320000
	Un-allocable Liabilities	7868550000	7868550000
	Net Segment Liabilities	22040870000	22040870000
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	Includes borrowings Term Loan and Working Capital Loan amounting to Rs 7014.79 million as on 31st March 2025 Rs 8664.99 million as on 31st December 2024 and Rs. 5772.6 million as on 31st March 2024.

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Item that will not be reclassfied to statement to profit and loss	-9040000	-6470000
	Total Amount of items that will not be reclassified to profit and loss	-9040000	-6470000
2	Income tax relating to items that will not be reclassified to profit or loss	-2280000	-1630000
3	Amount of items that will be reclassified to profit and loss
1	Item that will be reclassfied to statement to profit and loss	0	-1350000
	Total Amount of items that will be reclassified to profit and loss	0	-1350000
4	Income tax relating to items that will be reclassified to profit or loss	0	-340000
5	Total Other comprehensive income	-6760000	-5850000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1951320000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			2127490000
	Adjustments for decrease (increase) in inventories			57390000
	Adjustments for decrease (increase) in trade receivables, current			493730000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-549840000
	Adjustments for decrease (increase) in other non-current assets			-853960000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			15140000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-2047640000
	Adjustments for increase (decrease) in other non-current liabilities			75640000
	Adjustments for depreciation and amortisation expense			632960000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			37730000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			4230000
	Adjustments for dividend income			0
	Adjustments for interest income			125440000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-34500000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			128310000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-38760000
	Net cash flows from (used in) operations			1912560000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			379820000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1532740000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			18890000
	Purchase of property, plant and equipment			2379010000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			110230000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			244550000
	Net cash flows from (used in) investing activities	-2005340000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			1477860000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			804580000
	Repayments of borrowings			1287700000
	Payments of lease liabilities			103820000
	Dividends paid			10520000
	Interest paid			2100040000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			1731190000
	Net cash flows from (used in) financing activities			511550000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			38950000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			38950000
	Cash and cash equivalents cash flow statement at beginning of period			18400000
	Cash and cash equivalents cash flow statement at end of period			57350000

Signatory Details
Name of signatory	ANU SINGH
Designation of person	Company Secretary and Compliance Officer
Place	KOLKATA
Date	30-Apr-2025