Why Skipper Share Price is Rising

Indian stock markets are trading lower due to weakened investor sentiment triggered by US President Donald Trump's renewed warnings about potential tariffs on India's import of Russian oil.

At the time of writing, the BSE Sensex was down 398 points at 80,619, while the NSE Nifty50 slipped 109 points to around 24,600.

However, one stock that surged in early trade in a bearish market is the stock of Skipper.

Skipper Ltd is an Indian transmission tower manufacturer and engineering solutions provider.

So, what's behind this rally?

Let's take a closer look...

2 Reasons Why Skipper Share Price is Rising Today?

#1 Q1 FY26 Results

Shares of Skipper came into focus after the company reported its Q1 FY26 results.

Skipper's quarterly revenue hit a record high of Rs 12.5 billion (bn), showing a 15% increase from Rs 10.9 bn compared to the same quarter last year.

The company achieved its highest ever quarterly EBITDA margins of 10.1%, driven by strong operational performance and a customer-centric approach. EBITDA reached Rs 1.3 bn, a 22% increase from Rs 1.04 bn in the same period last year.

Skipper's net profit rose 41% to Rs 4.5 bn in Q1, up from Rs 3.2 bn in the same quarter last year.

The company's director said that Skipper is gaining momentum in the EPC sector with major wins, including 3 big projects from PGCIL, which will boost its leadership in high-voltage transmission lines.

#2 Record Order Book

Another key trigger for Skipper was its order book reaching a record high of Rs 85.2 bn.

Skipper's order book is mainly from the power transmission and distribution sector (76%). The domestic non-power sector, including railways and solar, accounts for 14%, while exports make up 10% of the order book.

In Q1 FY26, Skipper secured new orders worth Rs 19.7 bn, mainly from domestic clients like Power Grid of India and state power utilities.

The company aims to secure over Rs 65 bn in new orders in FY26, with 25% of this target coming from international markets.

What Next?

Moving forward, Skipper aims to achieve 25% annual revenue growth, backed by a strong order book and new capacity additions.

It also aims to increase the export share of its order book by 50-60% in the next 3-4 years, with a focus on expanding into Africa, Latin America, and the Middle East.

Skipper is upgrading its business with advanced software to improve operations, reduce errors, and efficiently handle increasing orders.

Also, it's partnering with global experts and investing in R&D for battery storage and substations, supporting India's shift to renewable energy.

The company aims to tap into the rising demand for transmission towers, particularly for high-voltage direct current systems that support long-distance transmission and renewable energy integration.

How Skipper's Shares Have Performed Recently

In the past five days, the Skipper's share price is up almost 10%. In the last six months, it's up 12.2%.

Over the past one year, the share price has jumped 37%.

The stock touched its 52-week high of Rs 665 on 12 December 2024 and a 52-week low of Rs 341.5 on 7 April 2025.

About Skipper

Skipper is engaged in the manufacturing and selling of Transmission & Distribution (T&D) structures and pipes & fittings. It also undertakes EPC projects in the infrastructure segment.

The company is the market leader in the manufacture of T&D structures and distribution poles. It's among the 10 largest global T&D structure manufacturers.

It's India's largest and the world's only integrated T&D company, with its own structure rolling, manufacturing, tower load testing station & transmission line EPC.

It has a pan-India presence and exports its product to Africa, Australia, Middle East, South & South-east Asia, South America, and Europe.

For more details, see the Skipper company fact sheet and quarterly results.

For a sector overview, read our engineering sector report.

You can compare Skipper with its peers:

Skipper vs Azad Engineering

Skipper vs KPI Green Energy

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...