Slide 1: Exchange filing cover letter
9KIPPER -Limited- Date: 31st July, 2025 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- SK
Slide 2: Seizing the Multi Decadal Opportunity – Q1'26 Investor Presentation
SEIZING THE MULTI DECADAL OPPORTUNITY Positioned to Power Growth in the Global Transmission sector Q1’26 - INVESTOR PRESENTATION July 2025
Slide 3: Table of Contents
Table of Contents 9KIPPER -L4fnitet 1. Q1 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 – Q1 '26
Performance & Financial Highlights – Q1 ’26 rs « ·, 4 I \ I \ 4 4 I I ---------·
Slide 5: Director Speaks
Director Speaks 9KIPPER Limited “We are thrilled to report an exceptional start to the financial year, with our highest-ever first-quarter revenue and profitability—a clear validation of the strategic roadmap we’ve laid out. With a 15% year-on-year topline growth, the momentum across our core segmen
Slide 6: Business Update – Q1 FY'26
Business Update– Q1 FY’26 9KIPPER L4mite( Revenue Performance Highlights - Company registered its highest-ever first quarter revenue of Rs 12,539 million on back of strong execution in Engineering & Polymer business segments, achieved growth of 14.9 % over previous year quarter - The engineering bus
Slide 7: Other Major Update
Other Major Update 9KIPPER L4mite( Capacity Expansion Plan -- New capacity of 75,000 MTPA is now fully operational, with commercial production commenced. An additional 75,000 capacity MTPA capacity addition already underway , Company aims to attain capacity of 6 lac MTPA by Fy'28 end PGCIL Prestigio
Slide 8: Financial Performance Q1 FY'26
Financial Performance Q1 FY’26 Rs in Mn 9KIPPERLimited YoY QoQ Sl Profit & Loss Summary Q1 FY’26 Q1 FY’25 Change % Q4 FY’25 Change % 1 Revenues 12,538.62 10,917.44 14.9% 12,877.52 -2.6 % 2 Reported EBITDA 1,271.65 1,046.65 21.5% 1,236.51 2.8 % EBITDA Margins (%) 10.14% 9.59% +55 Bps 9.60% +54 Bps 3
Slide 9: Segment Report
Segment Report 9KIPPER Limited Segment Profit & Loşs Summary Q1 FY’26 Q1 FY’25 Change % Net Sales 10,247.8 8,286.2 23.7% Engineering EBITDA 1,162.4 911.5 27.5% Products % of Sales 11.3% 11.0% Polymer Infra 10% 8% Net şales 1,271.9 952.3 33.6% Polymer Products EBITDA 52.1 42.8 21.7% %of şales 4.1% 4.
Slide 10: Polymer – Performance Snapshot
Polymer – Performance Snapshot 9KIPPER L4mite( Growth Driver Q1 FY’26 Performance Update Strong Topline Momentum: Achieved 34% revenue growth in value terms and 40% growth in volume, reflecting strong execution Favorable Product Mix: Plumbing segment contribution rose from 42% to 50% in Q1 Widened D
Slide 11: Key Performance Highlights
Key Performance highlights Rs in Million 9KIPPER --- Limited Stand Alone - Revenue EBITDA & Margin PAT & Margin Rs in Mn + 15 % + 22 44 % + 41 % 1,237 1,272 12,878 12,539 444 447 10,917 1,047 10.1% 316 3.5% 3.6% 9.6% 9.6% 2.9% Q1 FY'25 Q4 FY '25 Q1 FY '26 Q1 FY'25 Q4 Fy'25 Q1 FY '26 Q1 FY'25 Q4 Fy'2
Slide 12: Order Book Highlights
Order Book Highlights 9KIPPER --- Limited Geographical Breakup ,,--------------------------,, , ,,---------------------------, ₹ 85,205 Mn ;· ' ₹ 19,774 Mn ' '' ₹ 65,475 Mn Highest ever closing Orderbook as of June f New Orders in Q1 FY26 Trail 12M Order Inflows ,' f Export ', 2025 ,, , , \. __ - --
Slide 13: Order Inflow Trend
Order Inflow Trend @KIPPER -- Limited Q1 FY26 Total Inflow – Rs 19,774 mn Trail 12M total Inflow – Rs 65,475 Mn 28,639 FY’25 - Secured highest ever annual order inflow of Rs 53,353 mn 19,774 Rs mn 16,599 16,599 15,920 15,920 15,286 13,182 13,182 12,148 11,405 7,652 7,652 4,534 5,010 4,605 4,225 4,02
Slide 14: Performance Guidance – FY'26
Performance Guidance – FY’26 9KIPPER L4mite( Revenue & Order Flows Revenue growth trajectory : We maintain ambitious plan for the future, aiming to deliver 25% revenue growth this financial year. Total Order Inflows : Targeting total order inflows in excess of Rs 65,000 Million during the year ;
Slide 15: 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 seiz
Slide 16: Company Overview
Company Overview
Slide 17: Key Management
Key Management 9KIPPER L4rited 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. D
Slide 18: Our Journey – a legacy of 4+ decades
Our Journey – a legacy of 4+ decades @KIPPER Limited - Commissioned one of India’s largest Tower & Monopole Load Testing Station - Commissioned our first Transmission line EPC project 400 KV Panchkula Patiala for PGCIL - Diversified into Transmission EPC segment by way of forward integration - Set u
Slide 19: Key Strengths
Key Strengths
Slide 20: Key USP & Highlights
Key USP & Highlights 9KIPPERL4fnited • 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
Slide 21: Diverse Product Portfolio (1/2)
Diverse Product Portfolio (1/2) 9KIPPER -- Limited -- 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 Telec
Slide 22: 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 23: Core Competencies in Manufacturing
Core Competencies in Manufacturing 9KIPPERL4mite( Integrate manufacturing facilities with advanced technology r l r : In-House Availability of Automated State-of-the-Art Products, Accessories, and Equipment Technical Services t Value Optimization through l t .ue Lt Engineering and Design Exc
Slide 24: Manufacturing Value Chain
Manufacturing Value Chain 9KIPPER L4mite( 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 - Fabricate & Galvanize Complete Towers
Slide 25: Powering growth through R&D
Powering growth through R&D $ 9KIPPER $KIPPER --- Limited R&D Leading through innovation • We have strengthened our innovation capabilities backed by our Tested towers & monopoles talented designing and R&D teams. + .----------------- \ I . .. ---------------- ' 500 kV D/C l ' • In-house research &
Slide 26: Strong Global presence
Strong Global presence 9KIPPERLimited a 4 4 f f Q 50+ Exporting to 17 % FY25 Export contribution to $ < countries f ' Overall Revenue � ... _ --------- --------- a --------- --------- ---------- .. ,\ f , .' ' . 24.5% 8,708 mn f f ' f FY22-FY25 Export Revenue Share of Exports in 12M Africa South Ame
Slide 27: Industry Overview
Industry Overview
Slide 28: 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 29: Power T&D super-cycle underway in India
Power T&D super-cycle underway in India @KIPPER L4mite( 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 r-----' s\ lines during FY27-32 NEP Capex outlay during Additionally, 33 GW of HVDC Bipole links are in the process of plannin
Slide 30: Importance of New Transmission lines for Renewables
Importance of New Transmission lines for Renewables @KIPPER --- 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 E
Slide 31: Strong tailwinds in Telecom and Railway sector
Strong tailwinds in Telecom and Railway sector @KIPPER L4mite( 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 re
Slide 32: Polymer sector outlook
Polymer sector outlook 9KIPPER L4mite( 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 33: Financial Highlights
Financial Highlights rs « ·, 4 I \ I \ 4 4 I I ---------·
Slide 34: Key Performance Highlights
Key Performance highlights Rs in mn 9KIPPER --- Limited 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 FY2
Slide 35: Profit & Loss - Trend
Profit & Loss - Trend Rs in mn 9KIPPER L4mite( 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
Slide 36: Segment Report
9KIPPER Segment Report Rs in mn L4mite( Segment Profit & Loss Summary FY22 FY23 FY24 FY25 I I I I I 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.
Slide 37: Balance Sheet Trend
Balance Sheet Trend Rs in mn @KIPPER L4mite( Assets Non-Current Assets Fixed Assets (Incl. CWIP) ---- FY22 6,709.31 FY23 7,041.05 FY24 FY25 7,653.99 10,343.62 Equity and Liabilities Equity Equity Share Capital ---- FY22 102.67 FY23 102.67 FY24 105.24 FY25 112.85 Other Equity 7,218.64 7,571.46 8,870.
Slide 38: Shareholding Pattern
Shareholding Pattern 9KIPPER L4mite( Shareholding pattern As on 30th June 25 Major Shareholders List Name % [ Foreign Chartered Finance & Leasing 1.76% Portfolio Investors] ] India Capital Growth Fund (ICGF) / ICG Q 1.68% Promoters 5.42% 66.48% Ajay Upadhyaya 1.60% The Prudential Assurance Company L
Slide 39: ESG, Awards & Recognition
ESG, Awards & Recognition rs « ·, 4 I \ I \ 4 4 I I ---------·
Slide 40: Environmental, Social and Governance (ESG/1)
Environmental, Social and Governance (ESG/1) 9KIPPER L4mite( 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 Init
Slide 41: Environmental, Social and Governance (ESG/2)
Environmental, Social and Governance (ESG/2) Obtained certificate of LCA and EPD for our Towers and Pole products. This is required for export of products to Europe as well as USA. Installed 90 KLD capacity STP to promote water conservation and explore opportunities for reusing of treated sewage
Slide 42: Social and Environment Initiatives (1/2)
Social and Environment Initiatives (1/2) 9KIPPER L4mite( 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 Framewor
Slide 43: Social and Environment Initiatives (2/2)
Social and Environment Initiatives (2/2) 9KIPPER -- Limited -- i, NT Seth Soorajmull Jalan · Vidya Investor Presentation | july 2025 42
Slide 44: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign 9KIPPER -Limited 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 | july 2025 43
Slide 45: Recognition
Recognition @KIPPER Limited Recognized Great place to I work 3 years consecutively 3 - . BRITISH SAFETY COUNCIL RECOGNIZED GREAT PLACE INTERNATIONAL SAFETY PREMIUM MEMBER 2025 TO WORK AWARD 2025 ». Congratulations! ee Sq; ,i ustainable Carbon Reduc Energy Award ASSOCHAM AWARD ET ENTREPRENEUR AWARD E
Slide 46: Disclaimer
9KIPPER L4mite( 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 o