Mumbai, Jan 29: Skipper Limited, a global leader in Power Transmission & Distribution (T&D) structures and a key player in Telecom and Railway infrastructure, today announced its financial results for the third quarter ended 31st December 2025, marking record-breaking performance across revenue, EBITDA, and order inflows.
Q3 FY’26 Financial Highlights
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Revenue: Up 21% YoY – highest-ever quarterly revenue.
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EBITDA: Up 28% YoY; margin improved to 10.3%.
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PAT (Before Exceptional Items): Up 40% YoY, reflecting strong operating leverage and disciplined execution.
9M FY’26 Highlights
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Revenue up 17% YoY – highest-ever first nine months revenue.
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Standalone EBITDA margin improved to 10.3% vs 9.8% YoY, driven by higher-quality T&D contract execution and operational efficiencies.
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PBT (Before Exceptional Items) grew 38% YoY; PAT before exceptional items increased 38% YoY.
Order Book & Projects
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Highest-ever closing order book as of December 2025, comprising majority domestic orders and strategic international projects.
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Q3 FY’26 order inflow led by engineering products supply and EPC works across domestic and international markets.
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Secured two marquee 765 kV transmission line EPC projects from PGCIL in Uttar Pradesh and Karnataka, reinforcing leadership in the high-voltage segment.
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9M FY’26 order inflows up 24% YoY, with a robust bidding pipeline.
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EPC division currently executing approximately 5,000 circuit kilometres of EHV & HVDC transmission line projects.
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Successfully completed plant audits by new customers from the Middle East and North America.
Capacity Expansion & Other Updates
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New 75,000 MTPA capacity fully operational; additional expansion underway, taking total capacity to 450,000 MTPA by end of FY’26.
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Awarded Great Place to Work® certification for the fifth consecutive year.
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Successfully implemented SAP S/4HANA RISE across key business functions, advancing the company’s digital transformation journey.
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Company expects continued strong revenue growth in the current year, with momentum projected to strengthen in upcoming quarters.
Directors’ Comments
Mr. Sharan Bansal, Executive Director, Skipper Limited, said:
“Q3 represents another decisive step in Skipper’s earnings compounding journey. Delivering our highest-ever quarterly revenue and EBITDA reflects the structural improvements we have made across project quality, execution discipline, and capacity readiness. Margin expansion this quarter is a direct outcome of our strategic shift towards higher complexity and higher-value T&D projects.”
Mr. Devesh Bansal, Executive Director, Skipper Limited, added:
“Our record order book and strong bidding pipeline provide high visibility for sustained growth across domestic and international markets. Winning marquee 765 kV PGCIL projects and expanding our global customer base reinforces Skipper’s position as a globally competitive engineering and EPC partner. With capacity expansion, digital transformation through SAP S/4HANA, and a sharp focus on execution excellence, we are well positioned for accelerated and profitable growth.”