Slide 1: Exchange filing cover letter
Date: 12th February, 2024 The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C-1, Block-G Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Scrip Code- 538562 Mumbai- 400 051 Symbol- SKIPPER Subject:
Slide 2: Seizing the Multi Decade Opportunity
SEIZING THE MULTI DECADE OPPORTUNITY Positioned to Power Growth in the Global Transmission sector INVESTOR PRESENTATION Q3 & 9M FY’24 Results 12th February 2023
Slide 3: About Us
About Us Vision Mission To produce world - class 1 2 3 4 5 quality products ensuring To continue to To continue to To continue to To ensure the To reduce carbon robust National add value-added focus on sectors tap newer greater scale and footprints, and Infrastructure products and of power and geogr
Slide 4: Core Strengths
Core Strengths 41+ India’s largest and world's only Integrated T&D company having its own Structure Largest rolling, manufacturing, Tower Load Testing manufacturer of Station & Transmission Line EPC T&D structures Years of Excellence in India Awarded as “Largest Tower 3000 + Exporting to 55+ One of
Slide 5: Inflection Point with Growth Ahead
Sustainable, diversified Confidence Boost with International & profitable businesses well- winning key projects puts domestic opportunities positioned to continue to us as front runner in for growth in key segments Inflection generate compelling long- term growth key segments – Power Transmission, T
Slide 6: Management
Management Whole Time Sajan Kumar Bansal Sharan Bansal Devesh Bansal Siddharth Bansal Yash Pall Jain Managing Director Director Director Director Director 5
Slide 7: Core differentiators
Core differentiators Broad Based Portfolio Exciting Opportunities Ahead Our Ability to Win Enhanced Profitability Diversified Products Build on Long-Standing India’s largest and world's only end Operational delivering sustainable Relationships with our to end Integrated T&D company efficiencies & gr
Slide 8: Product Portfolio
Product Portfolio Engineering Infrastructure Polymer Power Transmission Railway Transmission UPVC Tower Structures Line EPC Pipes MS & Power High Distribution Tensile Telecom CPVC Poles Angles EPC Pipes Test Station and R&D Railway HDPE Monopoles Center Electrification Pipes Fasteners & Telecom Towe
Slide 9: Core Competencies
Core Competencies Modern Technology: Our Value Chain Automated State-of-the-Art Equipment • The company utilizes cutting-edge automated equipment, representing the latest advancements in technology. Value Optimization: Engineering and Design Excellence • Engineering and design excellence are priorit
Slide 10: R&D Capabilities
R&D Capabilities Leading through innovation Tested towers & monopoles • We have strengthened our • We are assuring our clients by innovation capabilities backed by our talented designing and R&D conducting prototype tests in our state-of-art test centers. 765 kV S/C 220 kV 765 kV D/C Monopole D/C To
Slide 11: Performance & Financial Highlights – Q3 & 9M'24
Performance & Financial Highlights – Q3 & 9M’24
Slide 12: Business Update – Q3 FY'24
Business Update– Q3 FY’24 Revenue Performance Highlights Company registered its best ever revenue quarter of Rs 8,016 million on back of strong performance across all its major business segments; achieved growth of 80 % over previous year quarter period. Engineering business segment achieved Revenue
Slide 13: Business Update – 9M FY'24
Business Update– 9M FY’24 Revenue Performance Highlights Revenue of 9M Fy’24 increased to Rs 21,285 million against Rs 13,229 million in 9M FY’23, registering a growth of 61 % Engineering business segment achieved Revenue of Rs 15,301 million against Rs 10,264 million in the previous year first 9M p
Slide 14: Order Book Highlights – 31st Dec 2023
Order Book Highlights – 31st Dec 2023 Order Book Highlights The current closing order book stands at The company has a robust bidding pipeline, The company has secured new orders Rs 57,790 million. actively pursuing projects worth worth Rs 4,020 million, during the Order Book to Engineering & Infra
Slide 15: Successful Fund Raising – Rights Issue
Successful Fund Raising – Rights Issue The company successfully concluded the issue of 1.03 crores partly paid up equity shares on right basis to the eligible shareholders @ Rs 194 per right share (including a premium of Rs 193/RE share) aggregating total of Rs 200 crores approx. The planned fund ra
Slide 16: Consolidated Financial Performance Q3 FY'24
Consolidated Financial Performance Q3 FY’24 Rs in Mn YoY QoQ Sl Profit & Loss Summary Q3 FY’24 Q3 FY’23 Change % Q2 FY’24 Change % 1 Revenues 8,015.8 4,448.5 80.2% 7,723.7 3.8% 2 Reported EBITDA 770.7 453.2 70.1% 736.9 4.6% EBITDA Margins (%) 9.6% 10.2% -60 Bps 9.5% +10 Bps 3 (+) Other Income 22.5 1
Slide 17: Consolidated Financial Performance 9M FY'24
Consolidated Financial Performance 9M FY’24 Rs in Mn Sl Profit & Loss Summary 9M FY’24 9M Fy’23 Change % 1 Revenues 21,285.4 13,229.4 60.9% 2 Reported EBITDA 2,108.9 1,209.5 74.4% EBITDA Margins (%) 9.9% 9.1% +80 Bps 3 (+) Other Income 55.9 12.2 4 (-) Depreciation 388.5 353.8 5 (-) Finance Cost 1,02
Slide 18: Segment Report
Segment Report Segment Profit & Loşs Summary Q3 FY'24 Q3 FY'23 Change % 9M FY24 9M FY'23 Change % Net Sales 5,176.6 3,369.8 53.6% 15,300.7 10,264.3 49.1% Engg Products EBITDA 611.8 405.3 51.0% 1,785.1 1,076.5 65.8% Infra % of Sales 11.8% 12.0% 11.7% 10.5% 12% Net şales 1,086.2 979.8 10.9% 3,491.4 2,
Slide 19: Performance highlights – Q3 FY'24
Performance highlights – Q3 Fy ’24 Strong Revenue Performance across major business segments Stand Alone - Revenue Rs in Mn Rs in Mn Segment - Revenue 8,016 80 % + 54 % 5,177 4,449 3,370 + 11 % + 1,672 % 1,753 1,086 980 99 Q3 FY '24 Q3 FY'23 Engg Polymer Infra Q3 Fy'24 Q3 Fy'23 18
Slide 20: Order Book Pie
Order Book Pie Engineering Products – Current Order Book Composition Total Order Book Segment Break up Rs 57,790 million 18% Export Domestic 18% 82% Order Breakup 40% 42% Domestic Export T&D Export Non T&D Domestic Non T&D Products includes - Telecom, Railways, Solar, Fasteners & other Steel Structu
Slide 21: Order Inflow Trend
Order Inflow Trend 9M’24 YTD Inflow • Total - Rs 31,450 Mn Achieved highest ever • Exports - Rs 7,580 Mn order inflow for any 28,630 quarter Rs in Miilion 15,290 Consistently clocked inflows in excess of 12,150 4,000 mn for the past many quarters 4,530 5,010 4,610 3,810 4,230 4,030 4,100 4,020 2,200
Slide 22: Strong Bidding Pipeline
Strong Bidding Pipeline Strong Bidding Pipeline of 150,300 Million as on 31st Dec 2023; International – 98,300 Mn & Domestic - 52,000 Mn Expecting International Ordering & Execution to gain further pace in Q4 FY’24; In advanced Stages of negotiation to secure some good size International contract La
Slide 23: Emphasizing Export Expansion
Emphasizing Export Expansion Increased Export Favorable Business Enhanced Brand Confidence-Boosting Growth Potential Climate Positioning Certifications Targeting a significant increase in Post Covid India has emerged as a Recent establishment of an R&D Centre Certified by prominent international Eng
Slide 24: Global Footprints
Global Footprints South America Europe • Peru • UK • Colombia • Spain • Chile • Finland • Paraguay • Panama Africa • Uruguay •Kenya •Egypt •Ghana Middle east •Nigeria • Jordan •Zambia • Saudi Arabia •Sierra Leone •Guinea UAE •South Africa • Qatar •Botswana • Israel •Burundi •Angola South and South E
Slide 25: Power T&D Lines – A Multi Decadal Opportunity
Power T&D Lines – A Multi Decadal Opportunity Key Growth Drivers 24
Slide 26: Importance of New Transmission Lines for Renewables
Importance of New Transmission lines for Renewables Resource Location • Many renewable sources are in remote areas • Transmission lines bridge the gaps to where energy is needed Energy Reliability • Renewables can be intermittent due to weather • New line help balance supply and demand Grid Integrat
Slide 27: Optimistic Sector Outlook
Optimistic Sector Outlook The massive global and Post Covid India has emerged domestic focus and as a preferred sourcing location India‘s plans to generate and • India’s Power Sector demand Our global investment on building vis-a-vis other Asian Countries; integrate 500 GW Of reached a record high l
Slide 28: Empowering India's Future: Alignment with 2047 Viksit Bharat
Empowering India’s Future : Alignment with 2047 Viksit Bharat Skipper Limited is in alignment with the visionary goals outlined in the government’s 2047 Viksit Bharat initiative. India by virtue of increasingly becoming a global manufacturing and export hub will be in best position to capitalize on
Slide 29: Polymer Products Business
Polymer Products Business >
Slide 30: Polymer Highlights
Polymer Highlights Leading manufacturer Cumulative Production Only Polymer Pipe Growing National Presence One of the Country’s most of polymer pipes and Capacity of 62,000 company in India to with Over 31,000 Retail organized channel fittings, catering to both TPA implement the Theory sales touch po
Slide 31: Polymer Performance Highlights
Polymer Performance Highlights Achieved Best ever 3rd Quarter & 9M Revenue performance on back of strong volume growth Q3 ‘24 vs Q3’23 9M’24 vs 9M’23 Sales Tonnage (MT) Revenue (Rs in Mn) Sales Tonnage (MT) Revenue (Rs in Mn) 7,903 1,086 24,654 3,491 980 6,811 2,571 15,454 Q3 FY'24 Q3 FY'23 Q3 FY'24
Slide 32: Polymer Growth Drivers
Polymer Growth Drivers The PVC and Fittings market, estimated to be Growing PVC pipe demand in India The Jal Jeevan Mission (JJM) initiative worth approximately Rs 300 billion in FY 2020, is fueled by government initiatives like aims to provide tap water predicted to reach Rs 500 billion by FY 2025,
Slide 33: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign Skipper Pipes have been certified with highest standard of NSF 14. 32
Slide 34: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign • Skipper Pipes brand campaign as India’s safest pipes with Brand Ambassador MS Dhoni & Chris Gayle is paying rich dividends • Awarded the Green Pro Certification by CII-IGBC (Indian Green Building Council). This certificate validates our efforts in striving t
Slide 35: Future Performance Outlook
Future Performance Outlook Company expects to clock revenue growth in excess of 25% CAGR for the next 3 financial year on back of buoyant market environment and future prospects, strong pending execution of engineering contracts and strong polymer segment performance Foresee a robust bidding pipelin
Slide 36: Shareholding Pattern
Shareholding Pattern Shareholding pattern As on 31st Dec’ 23 Major Shareholders Name % Promoters 72% Baillie Gifford - Pacific Horizon 3.7% Investment Trust Foreign Portfliio India Capital Growth Fund (ICGF) 2.7 % Investors 8% Ajay Upadhyaya 1.5% Crux Global Fund 1.0 % Others 20% 35
Slide 37: Social and Environment Initiatives
Social and Environment Initiatives Skipper cares Our company's journey towards contributing to society began long ago, and we have always believed that it's an integral part of our ecosystem. To ensure that our efforts are focused and effective, we have developed a CSR Framework in line with Schedul
Slide 38: Social and Environment Initiatives
Social and Environment Initiatives 37
Slide 39: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) In April 2022, installed 90 KLD capacity STP to promote water conservation and explore opportunities for reusing of treated sewage water. Especially designed engineered bacteria have been used for treatment of generated sewage Clean Fuel for Furnace Operati
Slide 40: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) 39
Slide 41: Recognition
Recognition Recognized Great place to work 2 years consecutively AWARD: AWARD: AWARD: AWARD: THE LARGEST TOWER EMERGING POWER EPC GLOBAL HR NO. 1 EMERGING BRAND SUPPLIER FOR 3rd PLAYER GIVEN BY: EPC EXCELLENCE IN POLYMER PIPES & CONSECUTIVE YEAR GIVEN WORLD GIVEN BY: FITTINGS BY: Image to Come WORLD
Slide 42: Thank you / Disclaimer
DISCLAIMER This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to