Slide 1: Exchange filing cover letter for investor presentation
Date: 29th January, 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 Mumbai- 400 051 Symbol- SKIPPER Subject:
Slide 2: Q3 & 9M'26 Investor Presentation
SEIZING THE MULTI DECADAL OPPORTUNITY Positioned to Power Growth in the Global Transmission sector Q3 & 9M’26 - INVESTOR PRESENTATION January 2026
Slide 3: Table of Contents
Table of Contents 1. Q3 & 9M 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 – Q3 & 9M '26
Performance & Financial Highlights – Q3 & 9M ’26
Slide 5: Director Speaks – Strong Momentum & Record Performance
Director Speaks – Strong Momentum & Record Performance “We have delivered yet another outstanding quarter and a strong nine-months Strong Momentum performance with our highest-ever quarterly revenue, EBITDA and profitability, driven by • Achieved highest-ever quarterly revenue, EBITDA and Operating
Slide 6: Financial Performance Q3 FY'26
Financial Performance Q3 FY’26 Rs in Mn YoY Sl Profit & Loss Summary Q3 FY’26 Q3 FY’25 Change % Q2 FY’26 1 Revenues 13,705.9 11,352.5 20.7% 12,617.9 2 Reported EBITDA 1,414.0 1,109.1 27.5% 1,306.9 EBITDA Margins (%) 10.3% 9.8% +50 Bps 10.4% 3 (+) Other Income 16.6 37.2 40.7 4 (-) Depreciation 215.7
Slide 7: Financial Performance 9M FY'26
Financial Performance 9M FY’26 Rs in Mn YoY Sl Profit & Loss Summary 9M FY’26 9M FY’25 Change % 1 Revenues 38,862.4 33,367.3 16.5% 2 Reported EBITDA 3,992.6 3,280.1 21.7% EBITDA Margins (%) 10.3 % 9.8% +50 Bps 3 (+) Other Income 90.1 104.5 4 (-) Depreciation 582.8 460.8 5 (-) Finance Cost 1,625.9 1,
Slide 8: Business Update – Q3 FY'26
Business Update– Q3 FY’26 Revenue Performance Highlights Company registered its highest-ever quarterly revenue of Rs 13,706 million on back of strong execution across all its business segments, achieved growth of 20.7 % over previous year quarter The engineering business achieved its best-ever quart
Slide 9: Business Update – 9M FY'26
Business Update– 9M FY’26 Revenue Performance Highlights Achieved its best ever nine months revenue performance; Revenue of 9M Fy’26 increased to Rs 38,862 million against Rs 33,367 million in 9M FY’25, registering a growth of 16 % Engineering business segment achieved its best ever 9M Revenue of Rs
Slide 10: Other Major Update
Other Major Update Strategic Tie up with Lubrizol (CPVC Technology Leader) ❑ Entered into a Strategic partnership with Lubrizol, the global pioneer of CPVC technology, to manufacture next generation CPVC piping system for the Indian markets using TEMPRITE® technology, offering superior heat and pres
Slide 11: Segment Report
Segment Report Segment Profit & Loşs Summary Q3 FY’26 Q3 FY’25 Change % 9M FY26 9M FY’25 Change % Net Sales 10,881.3 9,066.8 20.0% 31,102.8 25,809.4 20.5% Engg Products EBITDA 1,267.0 990.6 27.9% 3,600.7 2,867.8 25.6% Polymer 9% % of Sales 11.6% 10.9% 11.6% 11.1% Net şales 1,043.8 935.3 11.6% 3,469.
Slide 12: Key Performance highlights
Key Performance highlights Rs in Million Stand Alone - Revenue EBITDA & Margin PBT before exceptional & Margin Rs in Mn + 21 % ++ 53 28 % % + 36 % 1,414 13,706 1,307 12,618 622 654 11,352 1,109 10.3% 10.3% 483 4.9% 4.8% 4.3% 9.8% Q3 FY'25 Q2 Fy'26 Q3 FY '26 Q3 FY'25 Q2 Fy'26 Q3 FY '26 Q3 FY'25 Q2 Fy
Slide 13: Order Book Highlights
Order Book Highlights Geographical Breakup ₹ 90,093 Mn ₹ 46,490 Mn Strong closing Orderbook ₹ 14,286 Mn 9M’ 26 New Order Inflows as of Dec 2025 New Orders in Q3 FY26 Up 24% YoY Export Up 42% YoY Domestic 10% 90% ✓ ✓ ✓ Domestic contracts International Share of non-T&D from PGCIL and contracts across
Slide 14: Order Inflow Trend
Order Inflow Trend 9M Fy’26 Total Inflow – Rs 46,490 Mn, up 24 % YoY Trail 12M Total Inflow – Rs 62,410 Mn 28,639 Secured highest ever 9M order inflow of Rs 46,490 mn 19,774 Rs mn 16,599 15,920 15,286 14,286 13,182 12,430 12,148 11,405 7,652 4,534 5,010 4,605 4,225 4,027 4,097 4,016 2,710 Q1 Q2 Q3 Q
Slide 15: Performance Guidance – FY'26
Performance Guidance – FY’26 Revenue & Margins ▪ Revenue Growth : Targeting 20% YoY growth , driven by strong execution momentum across ongoing projects and delivery efficiencies.. ▪ Operating Margin Expansion : Expected to improve from current levels ; driven by higher-quality power T&D contract ex
Slide 16: Inflection Point with Growth Ahead
Inflection Point with Growth Ahead 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 the multi - decad
Slide 17: Company Overview
Company Overview
Slide 18: Key Management
Key Management 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. Desh Raj Dogra In
Slide 19: Our Journey – a legacy of 4+ decades
Our Journey – a legacy of 4+ decades - 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, including 8 key - Di
Slide 20: Key Strengths
Key Strengths
Slide 21: Key USP & Highlights
Key USP & Highlights • 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 to serve their g
Slide 22: Diverse Product Portfolio (1/2)
Diverse Product Portfolio (1/2) We manufacture a range of Power Transmission structures, Telecom Towers, and Railway Electrification Infrastructure Engineering Infrastructure Power Transmission Railway Structures Power Distribution MS & High Tensile Tower & Substation EPC Telecom EPC Tower Poles Ang
Slide 23: Diverse Product Portfolio (2/2)
Diverse Product Portfolio (2/2) 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 and fittings produ
Slide 24: Core Competencies in Manufacturing
Core Competencies in Manufacturing 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 leading Excellenc
Slide 25: Manufacturing Value Chain
Manufacturing Value Chain Our Value Chain Scale & Size Steel Billets & blooms as Wire Rod as Input input Strategic location Manufacture MS & HT Manufacture Bolts & Manufacture D-shackles & Angles Nuts Hangars Backward integration Competitive Advantage Fabricate & Galvanize Complete EPC Line Construc
Slide 26: Powering growth through R&D
Powering growth through R&D Leading through innovation • We have strengthened our innovation capabilities backed by our Tested towers & monopoles talented designing and R&D teams. • In-house research & development Centre - Howrah, West Bengal 765 kV D/C 500 kV D/C 220 kV Tower Tower D/C Tower • DSIR
Slide 27: A New Milestone – Second Tower Test Bed Commissioned
A New Milestone – Second Tower Test Bed Commissioned 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 Lattice Towers a
Slide 28: Strong Global presence
Strong Global presence Exporting to 21 % 50+ countries 9M’26 Export contribution to Engineering Segment Revenue 24.5% 8,571 mn FY22-FY25 Export Revenue Share of Exports in Dec FY26 Africa South America Middle East South and SE Asia CAGR Orderbook (Rs mn) 18 9 7 9 North America Oceania Europe 3 2 6 W
Slide 29: Industry Overview
Industry Overview
Slide 30: Power T&D Lines a Multi Decadal Opportunity
Power T&D Lines a Multi Decadal Opportunity 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 investment (USD 3,05
Slide 31: Power T&D super-cycle underway in India
Power T&D super-cycle underway in India ➢ 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 lines during FY27-32 NEP Capex outlay during ➢ Additionally, 33 GW of HVDC Bipole links are in the process of planning FY22–32 on High Voltage ➢
Slide 32: Importance of New Transmission lines for Renewables
Importance of New Transmission lines for Renewables 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 renewable sources are i
Slide 33: Strong tailwinds in Telecom and Railway sector
Strong tailwinds in Telecom and Railway sector 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%) , to reach 86% by CY28
Slide 34: Polymer sector outlook
Polymer sector outlook 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 • Housing for All
Slide 35: Consolidated Financial Trends
Consolidated -Financial Trends
Slide 36: Key Performance highlights
Key Performance highlights Rs in mn Revenue EBITDA & Margin PAT & Margin Rs in Mn CAGR CAGR CAGR 81.11% 39.10% 39.40% 2.49% 3.23% 9.72% 9.73% 9.77% 1.80% 46,244.80 1,493.46 9.83% 1.47% 4,516.58 32,820.43 3,194.34 816.65 17,070.80 19,803.00 1,678.30 1,925.48 355.66 251.47 FY22 FY23 FY24 FY25 FY22 FY2
Slide 37: Profit & Loss - Trend
Profit & Loss - Trend Rs in mn Sl Particulars FY22 FY23 FY24 FY25 1 Revenues 17,070.80 19,803.00 32,820.43 46,244.80 2 Reported EBITDA 1,678.30 1,925.48 3,194.34 4,516.58 EBITDA Margins (%) 9.83% 9.72% 9.73% 9.77% 3 (+) Other Income 40.12 53.17 85.95 195.19 4 (-) Depreciation 484.92 467.80 525.30 63
Slide 38: Segment Report
Segment Report Rs in mn Segment Profit & Loss Summary FY22 FY23 FY24 FY25 Net Sales 13,218.48 15,238.54 22,310.42 35,184.94 Engineering Products EBITDA 1,607.92 1,718.34 2,595.44 3,929.81 EBITDA margin (%) 12.16% 11.28% 11.63% 11.17% Net şales 3,200.21 4,059.49 4,526.38 4,317.41 Polymer Products EBI
Slide 39: Balance Sheet Trend
Balance Sheet Trend Rs in mn Assets FY22 FY23 FY24 FY25 Equity and Liabilities FY22 FY23 FY24 FY25 Non-Current Assets Equity Equity Share Capital 102.67 102.67 105.24 112.85 Fixed Assets (Incl. CWIP) 6,709.31 7,041.05 7,653.99 10,343.62 Other Equity 7,218.64 7,571.46 8,870.96 11,818.18 Other Non-Cur
Slide 40: Shareholding Pattern
Shareholding Pattern Shareholding pattern As on 31st Dec 25 Major Shareholders List Name % [ Foreign The Prudential Assurance Company Ltd 2.07% Portfolio Chartered Finance & Leasing 1.76% Investors]] Promoters 6.37% India Capital Growth Fund (ICGF) / ICG Q 1.68% 66.48% Ajay Upadhyaya 1.51% Santosh I
Slide 41: ESG, Awards & Recognition
ESG, Awards & Recognition iG oe
Slide 42: Environmental, Social and Governance (ESG/1)
Environmental, Social and Governance (ESG/1) Strategic ESG Roadmap & Vision Commitment to Occupational Safety, Health & Wellbeing, and creating a “Zero Harm Culture.” Compliance with stringent domestic and international regulations, alongside internal ESG policies. Environmental Initiatives & Impact
Slide 43: Environmental, Social and Governance (ESG/2)
Environmental, Social and Governance (ESG/2) New Initiatives Steady Progress Toward Net-Zero: Tangible CO₂ reduction achieved through Argon–CO₂ mix in MIG welding and automation- led energy efficiency, saving up to 250 MT of CO₂ annually. Digital Transformation of ESG Monitoring: Real-time digital d
Slide 44: Exhibitions / Trade Fairs – ASCE
Exhibitions / Trade Fairs – ASCE 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 Structural Engineering Inst
Slide 45: CSR – Beti Padhao Abhiyaan
CSR – Beti Padhao Abhiyaan Skipper Limited Hosts 7th Edition of Beti Padhao 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 25th July 2025 at the Nationa
Slide 46: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign Awarded the Green Pro Certification by CII-IGBC (Indian Green Building Council). Skipper Pipes have been certified with highest standard of NSF 14. Investor Presentation | Nov 2025 45
Slide 47: Social and Environment Initiatives (1/2)
Social and Environment Initiatives (1/2) 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 S
Slide 48: Social and Environment Initiatives (2/2)
Social and Environment Initiatives (2/2) Investor Presentation | Nov 2025 47
Slide 49: Recognition
Recognition Recognized Great place to work 3 years consecutively BRITISH SAFETY COUNCIL RECOGNIZED GREAT PLACE INTERNATIONAL SAFETY PREMIUM MEMBER 2025 TO WORK AWARD 2025 ASSOCHAM AWARD ET ENTREPRENEUR AWARD EMERGING EPC PLAYER AWARD 2025 2025 BY POWERGRID 2024 Investor Presentation | Nov 2025 48
Slide 50: Thank you
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 of Capital and Di