Skipper Ltd · NSE:SKIPPER
Skipper — Q4 FY2026 Earnings Presentation
55 slides from Skipper's earnings presentation, Apr 28, 2026
Slide 1: Exchange filing cover letter for investor presentation
9KIPPER -Limited- SKPL/SECT/2026-27/13 Date: 28th April 2026 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 Mumba
Slide 2: Seizing the Multi Decadal Opportunity – Q4 & 12M'26 Investor Presentation
@KIPPER -Limited Seizing the Multi Decadal Opportunity Positioned to Power Growth in the Global Transmission sector Q4 & 12M’26 - Investor Presentation April'2026 @@ www.skipperlimited.com
Slide 3: Table of Contents
Table of Contents 9KIPPER L4mite 1. Q4 & 12 M FY ’26 Performance Highlights 2. Company overview 3. Key Strengths ` 4. Industry Overview 5. Financial Trends 6. ESG, Awards & Recognition
Slide 4: Performance & Financial Highlights – Q4 & 12M '26
Performance & Financial Highlights – Q4 & 12M ’26 a .... ·, I l 4 4 4 I 't I '4 t 'a; 4 I I ---------· t • $ « ' . --� v ...sf@, e
Slide 5: FY'26 – The year of Many Firsts
Product FY’26 – The Portfolio year of Many Firsts 9KIPPER -L4mite vr Engineering al ··t HH Infrastructure - all Polymer 5 -6.w ++ Power Registered its highest ever Annual Transmission revenue of Rs 55,528 MnTower , driven by - HH - - - Railway After Tax (PAT) at Rs 2,073 mn, Structures - Recorded it
Slide 6: Director Speaks – Strong Momentum & Record Performance
Director Speaks – Strong Momentum & Record Performance 9KIPPERL4fnitet “We have delivered yet another record-breaking quarter and year, achieving our highest- ever revenue, EBITDA, and profit after tax, reflecting strong reflecting strong execution Strong Momentum across business segments. Revenue g
Slide 7: Financial Performance Q4 FY'26
@KIPPER Financial Performance Q4 FY’26 Rs in Mn L4fnitet YoY Sl Profit & Loss Summary Q4 FY’26 Q4 FY’25 Change % Q3 FY’26 1 Revenues 16,665.8 12,877.5 29.4% 13,705.9 2 Reported EBITDA 1,734.1 1,236.5 40.2% 1,414.0 EBITDA Margins (%) 10.4% 9.6% +80 Bps 10.3% 3 (+) Other Income 15.5 90.7 16.6 4 (-) De
Slide 8: Financial Performance 12M FY'26
@KIPPER Financial Performance 12M FY’26 Rs in Mn L4fnitet YoY Sl Profit & Loss Summary 12M FY’26 12M FY’25 Change % 1 Revenues 55,528.2 46,244.8 20.1% 2 Reported EBITDA 5,726.6 4,516.6 26.8% EBITDA Margins (%) 10.3 % 9.8% +55 Bps 3 (+) Other Income 105.6 195.2 4 (-) Depreciation 798.0 633.0 5 (-) Fi
Slide 9: Business Update – Q4 FY'26
Business Update– Q4 FY’26 9KIPPER -- Limited -- Revenue Performance Highlights - Company registered its highest-ever quarterly revenue of Rs 16,666 million on back of strong execution across all its business segments, achieved growth of 29.4 % over previous year quarter - The engineering business ac
Slide 10: Business Update – 12M FY'26
Business Update– 12M FY’26 9KIPPER -- Limited -- Revenue Performance Highlights - Achieved its best ever annual revenue performance; Revenue of 12M Fy’26 increased to Rs 55,528 million against Rs 46,245 million in 12M FY’25, registering a growth of 20 % - Engineering business segment achieved its be
Slide 11: Other Major Update
Other Major Update 9KIPPER L4fnitet Order Book & Inflows ❑ Secured a multi-million-dollar contract – our largest order to date in the North American market – with a top-tier utility company ❑ Highest ever closing order book: ₹85,019 Mn; Q4’26 order inflow of ₹ 10,290 Mn; ❑ Highest ever YTD inflows o
Slide 12: Segment Report
Segment Report 9KIPPER L4fnitet Segment I Profit & Loşs Summary I Q4 FY’26 I Q4 FY’25 I Change % 12M FY26 12M FY’25 Change % Net Sales 12,487.4 9,375.6 33.2% 43,590.2 35,185.0 23.9% Engg Products EBITDA 1,500.5 1,062.0 41.3% 5,101.4 3,929.8 29.8% Polymer % of Sales 12.0% 11.3% 11.7% 11.2% 9% Net şal
Slide 13: Key Performance Highlights
9KIPPER Key Performance highlights Rs in Million --- Limited --- Rs in Mn Stand Alone - Revenue J • EBITDA & Margin l PAT & Margin J + 29 % + 40 % + 70 % 1,734 16,666 1,414 756 12,878 13,706 1,236 10.3% 10.4% 502 4.5% 444 9.6% 3.7% 3.5% Q4 FY'25 Q3 Fy'26 Q4 FY '26 Q4 FY'25 Q3 Fy'26 Q4 FY '26 Q4 FY'2
Slide 14: Efficient Debt Management
Efficient Debt Management 9KIPPER L4fnitet Debt Details Rs in Million 31.03.2026 31.03.2025 Inc / (Dec) Long Term Debt 4,434 2,317 2,117 Current Maturities of Long Term Debt 992 754 2338 Total Long Term Debt 5,426 3,071 2,355 Short Term Debt 3,792 3,944 (152) Gross Debt Level 9,218 7,015 2,203 Inter
Slide 15: Performance & Leverage Ratios
Performance & Leverage Ratios 9KIPPER L4fnitet Particulars 31.03.26 31.03.25 Working Capital Ratios (+) Inventory Days 70 95 (+) Debtor Days 104 62 (-) Trade Payable Days (Excluding acceptances) 76 62 Net Working Capital Days (Excl. Bills Payable) 98 95 Leverage Ratios Debt Equity (X) 0.62 0.59 Debt
Slide 16: Cash Flow & Utilization 12M FY'26
Cash Flow & Utilization 12 M FY’26 @KIPPER L4fnitet Cash Flow from Cash used in Operations Capex Investments Rs 5,701 million Rs 3,664 million Total Inflows Rs 8,736 Million ) Increase in Cash used in Interest, Total Outflow Tax and Dividend Rs 8,736 Million Borrowings Rs 2,617 million Rs 2,053 mill
Slide 17: Order Book Highlights
Order Book Highlights 9KIPPERLimited Geographical Breakup ----------------------------- --------------------------- ' ' ' 1 ₹ 85,019 Mn 7 ₹ 56,780 Mn ' ₹ 10,290 Mn !I, ,, ' Annual New Order Inflows '' Highest ever closing Orderbook as of March ''' New Orders in Q4 FY26 ' 2026 - - - - - - - - _,, '
Slide 18: Order Inflow Trend
Order Inflow Trend @KIPPER L4fnitet Fy’26 Total Inflow – Rs 56,780 Mn (+6% YoY) 28,639 Secured Annual order inflow of Rs 56,780 mn 19,774 Rs mn 16,599 15,920 15,286 14,286 13,182 12,430 12,148 11,405 10,290 7,652 4,534 5,010 4,225 4,027 4,605 4,097 4,016 2,710 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Slide 19: Sector Outlook
Sector Outlook 9KIPPERL4fnitet • India’s National Electricity Plan (NEP; FY23-32) has outlined an ambitious investment plan of ~INR 9tn in transmission, driving structural acceleration in orders inflows over the past few years, supported by large-scale renewable energy integration. • Sector level or
Slide 20: Transmission: Large Structural Opportunity (1/2)
Transmission: Large Structural Opportunity (1/2) 9KIPPER -Limited Structural Industry Opportunity (Macro Massive Transmission Capex Visibility Strong Order Flow Drivers (Execution Tailwind) • Transmission network planned for >900 GW Pipeline) • India’s power system undergoing once-in-a- integration
Slide 21: Transmission: Large Structural Opportunity (2/2)
Transmission: Large Structural Opportunity (2/2) 9KIPPER -Limited- Transmission Ahead of Generation (Key Policy & Regulatory Push Additional Demand Drivers (Beyond RE) Insight) • Strong government alignment: • New energy loads: • Transmission requires longer gestation vs • 500 GW RE target by 2030 •
Slide 22: Inflection Point with Growth Ahead
Inflection Point with Growth Ahead 9KIPPER Limited Well-positioned to capture long-term industry tailwinds and to be a proxy play on China +1 theme for export markets Focus on strengthening EHV Market share through capacity expansion and focus on R&D initiatives Skipper is well positioned to seize t
Slide 23: Company Overview
Company Overview
Slide 24: Key Management
Key Management @KIPPER L4fnitet Whole Time Directors Sajan Kumar Bansal Sharan Bansal Devesh Bansal Siddharth Bansal Yash Pall Jain Chairman and Managing Director Director Director Director Director Independent Directors Mr. Ashok Bhandari Mrs. Richa M Goyal Mr. Raj Kumar Patodi Mr. Pramod Shah Mr.
Slide 25: Our Journey – a legacy of 4+ decades
Our Journey – a legacy of 4+ decades 9KIPPER L4fnitet - Commissioned one of India’s largest Tower & Monopole Load Testing Station - Set up DSIR approved R&D Centre 2020 2024 - Commissioned our first Transmission line EPC - Secured 9 projects from • project 400 KV Panchkula Patiala for PGCIL PGCIL, i
Slide 26: Key Strengths
Key Strengths
Slide 27: Key USP & Highlights
Key USP & Highlights @KIPPERLimited • India’s largest (top 10 globally) integrated T&D tower structures manufacturer • Experienced Promoter with 4 decades of expertise in the manufacturing business Market Leadership • One of the largest manufacturers of T&D structures with tower testing facilities t
Slide 28: Diverse Product Portfolio (1/2)
Diverse Product Portfolio (1/2) @KIPPER --- Limited --- We manufacture a range of Power Transmission structures, Telecom Towers, and Railway Electrification Infrastructure Engineering Infrastructure As - Power Transmission Power Distribution MS & High Tensile id ' Railway Structures Tower & Substati
Slide 29: Diverse Product Portfolio (2/2)
Diverse Product Portfolio (2/2) 9KIPPER Limited Leading manufacturer of Polymer pipes and fittings, catering to both plumbing and agricultural sectors with expanding reach and strengthening market share. Polymer ✓ One of the largest manufacturer of ✓ Leveraging Economies of Scale in polymer pipes an
Slide 30: Core Competencies in Manufacturing
Core Competencies in Manufacturing @KIPPERL4fnitet Integrate manufacturing facilities with advanced technology ✓ ✓ In-House Availability of Automated State-of-the-Art Products, Accessories, and Equipment Technical Services ✓ Value Optimization through ✓ Engineering and Design Single location plant l
Slide 31: Manufacturing Value Chain
Manufacturing Value Chain 9KIPPER lL4mite Our Value Chain (2) Scale & Size ] Steel Billets & blooms as Wire Rod as Input + input @ Strategic location ] + Manufacture MS & HT Angles Manufacture Bolts & Nuts Manufacture D-shackles & Hangars ) Backward integration ] Competitive Advantage Fabricate & Ga
Slide 32: Powering growth through R&D
Powering growth through R&D $$ 9KIPPER $KIPPER R6D Limited Leading through innovation • We have strengthened our innovation capabilities backed by our Tested towers & monopoles ----------------------,, ----------------------,\ ----------------------,, talented designing and R&D teams. ' '' 765 kV D/
Slide 33: A New Milestone – Second Tower Test Bed Commissioned
A New Milestone – Second Tower Test Bed Commissioned 9KIPPER Limited Skipper Limited Unveiled Dual Transmission Tower Test Beds Skipper Limited recently launched two fully independent Transmission Tower Test Beds at a single location — a first-of- its-kind setup engineered for full-scale testing of
Slide 34: Strong Global presence
Strong Global presence @KIPPER -- Limited , - , l ' f '' '' '' Q Exporting to 7,100 mn de 50+ '' f ' 12M’26 Export Revenue '' '' countries ' ' , , f ' 16 % ' ' 8,502 mn 12M’26 Export contribution to Engineering Segment Share of Exports in March Africa South America Middle East South and SE Asia FY26
Slide 35: Industry Overview
Industry Overview
Slide 36: Power T&D Lines a Multi Decadal Opportunity
Power T&D Lines a Multi Decadal Opportunity 9KIPPER -- Limited Addition of 7.4 mn of transmission lines Global grid investment to nearly double in Asia pacific and North America continue to hold globally till CY50 next 5 years lion’s share with 70% of total investments Region wise split of CY24-29 i
Slide 37: Power T&D super-cycle underway in India
Power T&D super-cycle underway in India @KIPPER L4fnitet ➢ The GOI (combined NEP + State) to add 1.15 lakh ckm of lines in the period FY22-27 and 0.77 lakh ckm of Rs 9.2 tn •, A lines during FY27-32 NEP Capex outlay during � , ➢ Additionally, 33 GW of HVDC Bipole links are in the process of planning
Slide 38: Importance of New Transmission lines for Renewables
Importance of New Transmission lines for Renewables 9KIPPER ---Limited New transmission lines are a crucial part of our renewable energy future – They ensure reliable, efficient and widespread renewable power supply Resource Location Energy Reliability Grid Integration Capacity Expansion ✓ Many rene
Slide 39: Strong tailwinds in Telecom and Railway sector
Strong tailwinds in Telecom and Railway sector @KIPPER -- Limited -- Telecom sector in India - 2nd largest Telecom market in the world Growth Drivers for Telecom sector ➢ 2nd largest Telecom market in the world with a subscriber base of ~1.18 bn ➢ Internet penetration up 75% as of CY24 (CY20 -54%) ,
Slide 40: Polymer sector outlook
Polymer sector outlook 9KIPPER L4fnitet In India’ CPVC pipes market grow > 2x by CY29rivers Key Growth Drivers Drivers ✓ Government Infrastructure Initiatives 799 • Jal Jeevan Mission to provide tap water connections to all rural households by 2024 251 • AMRUT for sustainable urban development 480 •
Slide 41: Consolidated Financial Trends
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Slide 42: Key Performance Trend - Consolidated
Key Performance Trend - Consolidated Rs in mn 9KIPPER -- Limited -- Rs in Mn Revenue J • EBITDA & Margin CAGR l PAT & Margin CAGR I CAGR 35.9% 70.6% 34.3% 10.31% 9.72% 9.73% 9.77% 3.23% 3.84% 55,528 1.80% 2.49% 1.47% 46,245 9.83% 5,727 2,131 4,517 32,820 1,493 3,194 17,071 19,803 1,925 817 1,678 251
Slide 43: Profit & Loss - Trend
@KIPPER Profit & Loss - Trend Rs in mn L4fnitet Sl Particulars FY22 FY23 FY24 FY25 FY26 1 Revenues 17,070.80 19,803.00 32,820.43 46,244.80 55,528.22 2 Reported EBITDA 1,678.30 1,925.48 3,194.34 4,516.58 5,726.61 EBITDA Margins (%) 9.83% 9.72% 9.73% 9.77% 10.31% 3 (+) Other Income 40.12 53.17 85.95 1
Slide 44: Segment Report
@KIPPER Segment Report Rs in mn Limited- Segment Profit & Loss Summary FY22 FY23 FY24 FY25 FY26 Net Sales 13,218.48 15,238.54 22,310.42 35,184.94 43,590.15 Engineering Products EBITDA 1,607.92 1,718.34 2,595.44 3,929.81 5,101.36 EBITDA margin (%) 12.16% 11.28% 11.63% 11.17% 7 11.7% Net şales 3,200.2
Slide 45: Balance Sheet Trend
@KIPPER Balance Sheet Trend Rs in mn L4fnitet Assets FY22 FY23 FY24 FY25 FY26 Equity and Liabilities FY22 FY23 FY24 FY25 FY26 Non-Current Assets Equity Equity Share Capital 102.67 102.67 105.24 112.85 114.51 Fixed Assets (Incl. CWIP) 6,709.31 7,041.05 7,653.99 10,343.62 14,400.46 Other Equity 7,218.
Slide 46: Shareholding Pattern
Shareholding Pattern @KIPPER L4fnitet Shareholding pattern As on 31st March 26 Major Shareholders List Name % [ Foreign The Prudential Assurance Company Ltd 2.15% Portfolio Chartered Finance & Leasing Limited 1.76% Investors]] [Promoters] 6.07% Ajay Upadhyaya 1.54% 66.50% Bandhan Small Cap Fund 1.31
Slide 47: ESG, Awards & Recognition
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Slide 48: Environmental, Social and Governance
Environmental, Social and Governance New Initiatives Slipper Limited 400 KWp Rooftop Solar installation in Uluberia plant The Uluberia plant has installed a 400 kWp rooftop solar photovoltaic system to significantly increase the share of renewable energy in our overall power consumption. Steady Prog
Slide 49: Exhibitions / Trade Fairs – ASCE
Exhibitions / Trade Fairs – ASCE @KIPPER -- Limited -- Skipper at the ASCE Electrical Transmission and Substation Structures (ETS) Conference 2025 The ASCE Electrical Transmission and Substation Structures (ETS) Conference was held in Dallas, Texas, from September 14–18, 2025. Sponsored by the Struc
Slide 50: CSR – Beti Padhao Abhiyaan
CSR – Beti Padhao Abhiyaan @KIPPER Limited Vigyaar Skipper Limited Hosts 7th Edition of Beti Padhao Ldaan Abhiyaan As part of its continued commitment to education and girl child empowerment, Skipper Limited successfully hosted the 7th edition of its flagship CSR initiative, Beti Padhao Abhiyaan, on
Slide 51: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign @KIPPER --- Limited --- Awarded the Green Pro Certification by CII-IGBC (Indian Green Building Council). &KIPPER Skipper Pipes have been certified with highest standard of NSF 14. 7PIPES +.A' INDIA'S SAFEST PIPE iv 4 Investor Presentation | April 2026 50
Slide 52: Social and Environment Initiatives (1/2)
Social and Environment Initiatives (1/2) 9KIPPER L4fnitet 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 Framewo
Slide 53: Social and Environment Initiatives (2/2)
Social and Environment Initiatives (2/2) @KIPPER -- Limited -- jar Seth Soorajmull Jalan " Vidyalaya Secon m f «rfd e ara (ehef en far e -J _.• --- • % + «d + • 5f " I ' f~in .£f% ; ] t m , ,, , @° 4 •• 4! t - Investor Presentation | April 2026 52
Slide 54: Recognition
Recognition @KIPPER --- Limited --- Recognized Great place to work 3 years consecutively � I International Safety Award British Safety Council premium Member - Distinction -2026 - . 6 e. 04 . Slipper Limited 40000cl 0004p0.. Skipper Limited- Palashbari, Guwahati (Asawn) 3 - . BRITISH SAFETY COUNCIL
Slide 55: Thank you / Disclaimer
@KIPPER L4fnitet DISCLAIMER This presentation (“Presentation”) does not constitute a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement, an offer document or an offering memorandum, under the Companies Act, 2013, the Securities and Exchange Board of India (Issue