Slide 1: Cover letter to stock exchanges
SKIPPER Limited Date: 4th February, 2023 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 Scrip Nam
Slide 2: Investor Presentation Q3 & 9M FY'23 Results
Q3 & 9M PERFORMANCE, 2022 - 23 SKIPPER d SKIPPER LIMITED INVESTOR PRESENTATION Q3 &9M FY’23 Results 4th February, 2023
Slide 3: 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
Slide 4: Who We Are
SKIPPER Limited WHO WE ARE Iv, • WI(ti Great Place To Work. Certified JAN 2022 - JAN 2023 INDIA k ......... I- 41 Company is India’s largest and world's only Integrated T&D company having its own Structure rolling, manufacturing, Tower Load Testing Station & Transmission Line EPC. 3
Slide 5: Product Offerings: One-Stop Solution Provider
SKILTER P R O D U C T O F F E R I N G S SKIPPER: ONE -STOP SOLUTION PROVIDER Engineering products Polymer products Infrastructure projects Capacity: 300,000 MTPA Capacity: 51,000 MTPA M I S S•I Transmission ON Line EPC • Power Transmission Tower • UPVC Pipes • Railway Electrification EPC • Power Dis
Slide 6: Q3 & 9M FY'23 Performance Update
SKIPPER d SKIPPER LIMITED Performance Update Q3 & 9M FY’23 Update
Slide 7: Consolidated Financial Performance Q3 FY'23
LT SKIPPER C o n s o l i d a t e d F i n a n c i a l P e r f o r m a n c e Q 3 F Y ’ 2 3 Rs in Mn YoY QoQ Sl Profit & Loss Summary Q3 FY’23 Q3 FY’22 Q2 FY’23 Change % Change % 1 Revenues 4,448.5 4,005.0 11.1% 4,620.0 -3.7% 2 Operating EBITDA (without forex & JV) 497.2 406.4 22.3% 519.7 -4.3% Operati
Slide 8: Consolidated Financial Performance 9M FY'23
LT SKIPPER Consolidated Financial Performance – 9M Fy’23 Rs in Mn Sl Profit & Loss Summary 9M FY’23 9M FY’22 Change % 1 Revenues 13,229.4 11,544.3 14.6% 2 Operating EBITDA (without Forex & JV ) 1,507.7 882.9 70.8 % % of Revenue 11.4% 7.7 % +370 Bps 3 (+) Other Income 35.4 29.5 4 (-) Depreciation 353
Slide 9: Performance Highlights 9M FY'23
SKIPPER p I PEFRORMACE HIGHLIGHTS – 9M Fy’23 Strong Revenue Performance across major business segments Rs in Mn Rs in Mn Stand Alone - Revenue Segment - Revenue 13,229 + 13 % 15% 13,000 11,544 12,000 11,000 10,264 10,000 9,097 9,000 8,000 7,000 6,000 + 27 % 5,000 4,000 2,571 3,000 2,023 -7% 2,000 1,
Slide 10: Business Update: Key Performance Highlights
Great Place To SKIPPER B U S I N E S S U P D A T E – Q 3 & 9 M F Y ’ 2 3 Limif Work. Certified Performance Update JAN 2022 - JAN 2023 INDIA Key Performance Highlights Strong revenue performance across major business segments in spite of inflationary cost push and geo- political related challenges;
Slide 11: Business Update: Order Book Highlights
Great Place To SKIPPER ,p B U S I N E S S U P D AT E – Q 3 & 9 M F Y ’ 2 3 Work. Certified Performance Update JAN 2022- JAN 2023 INDIA Order Book Highlights Secured Our largest single order win valuing Rs 25,700 million from Bharat Sanchar Nigam Ltd. (BSNL) for Supply and erection of Ground Based
Slide 12: Segment Performance Q3 & 9M FY'23
SKIPPER ,p SEGMENT REPORT Segment Performance Q3 & 9M FY’23 Rs in Mn Infra Segment Profit & Loss Summary Q3 FY'23 Q3 FY'22 Change % 9M FY'23 9M FY'22 Change % 3% Net Sales 3,369.8 3,105.5 8.5% 10,264.4 9,096.8 12.8% Engg EBITDA - Operating 447.9 356.5 25.6% 1,374.6 881.2 56.0% Products Polymer % of
Slide 13: Consistent & Improved Operating Margin Performance
SKIPPER p I IMPROVEMENT TRENDS Consistent & Improved Operating Margin Performance 16.0% 13.6% 13.3% 13.3% 13.0% 11.5% 12.0% 10.5% 11.8% 10.9% 11.2% 11.2% 10.1% 8.0% 6.9% 5.5% 5.4% 5.2% 7.5% 4.8% 4.0% 4.3% 1.5% 0.8% 0.6% 0.0% Q1 '22 Q2 '22 Q3 '22 Q4 '22 Q1 '23 Q2 '23 Q3 '23 Stand Alone Engineering Po
Slide 14: Engineering Products Order Book Composition
LT SKIPPER ORDER BOOK PIE Engineering Products – Order Book Composition – Dec 2022 Total Order Book Segment Break up Rs 47,050 million Export Domestic 58% 20% 20% 80% Order Breakup 22% • Domestic • Export T&D Export Non T&D Domestic Non T&D Products - Telecom, Railways, Solar, Fasteners & other Stee
Slide 15: Secured New Order from BSNL
LT SKIPPER Secured New Order from BSNL Secured fresh new order valuing Rs 25,700 million from BSNL Total Order Size CAPEX Model (60%) OPEX Model (40%) Rs 25,700 Million Rs 15,420 Million Rs 10,280 Million Scope Supply and erection of Ground Based Telecom Towers, Infrastructure as a Service Provider
Slide 16: BSNL Order: Revenue Execution Timeline
SKIPlc:i)ER I S e c u r e d N e w O r d e r f r o m B S N L Indicative - Revenue Execution Timeline FY’24 & FY’26 FY’27 FY’28 FY’29 FY’30 FY’25 Rs 15,420 Rs 10,280 million Mn Capex Revenue OPEX – Operation & Maintenance Revenue • Capex Value Portion is expected to be executed over the next 2 Financi
Slide 17: Managing Director on the BSNL Order
SKIPPER ,p Secured New Order from BSNL Mr Sajan Kumar Bansal, Managing Director, Skipper Ltd , Speaks on our largest order win ever and historic achievement – “ We are glad that we are playing a crucial role and contributing our bit towards India’s infrastructure development and proud to be part of
Slide 18: Positive Sector Development
LT SKIPPER Positive Sector Development Some positive development on the government policy front which will have a positive bearing on the company’s growth and performance: Restoration of RODTEP Scheme in our Engineering Product business, will boost our export competitiveness and potentially improv
Slide 19: Bill Gates on transmission and clean energy
SKIPPER I Vc lieeawns et nh ea rt gMy af tutteurrse–. T( Ar ann se mx ci es sl li eonnt i Rs ekaedy) t o o u r Bill Gates gm Co-chair; Bill & Melinda Gates Four.::;a: GatesNotes THE BLOG OF BILL GATES 1w The surprising key to a clean energy future If you care about climate change, you should care ab
Slide 20: Consistent & Rising Order Inflow Trend
SKILTER ORDER BOOK PIE Consistent & Rising Order Inflow Trend 9M ’23 YTD inflows - Rs 37,270 mn 9M ’23 Export Inflow - Rs 4,780 Mn ------------------- Achieved highest ever order inflow for any quarter – secured 25,700 million 28,630 order from BSNL and 2,930 million for other engineering product su
Slide 21: Strong Bidding Pipeline
LT SKIPPER Strong Bidding Pipeline Strong Bidding Pipeline of 83,200 Million as on 31st Dec 2022; International – 52,000 Mn & Domestic - 31,200 Mn • Expecting International Ordering & Execution to gain further pace in Q4 ’23 / Q1’24 ; • In advanced Stages of negotiation to secure some good size Inte
Slide 22: Skipper's Polymer Business
SKILTER P O LY M E R P R O D U C T S S E G M E N T •••• mos SKIPPER’S POLYMER BUSINESS 0 i1 Polymer Plants invested Guwahati Fittings Among few Indian One of few Indian manufacturing state-of-the-art Plant enjoys tax companies assured companies with capacity of 51,000 manufacturing exemption of CPVC
Slide 23: Theory of Constraints: Our USP
SKIPPER mited THEORY OF CONSTRAINTS OUR USP • Partnering benefits: • Exponential Sales Growth & Gain in Market Share Skipper is the only Indian polymer pipe company to • Robust Processes & Systems in place to improve implement Theory of profitability Constraints (TOC) approach in an organized • Cons
Slide 24: Polymer Highlights
• SKILTER P o l y m e r H i g h l i g h t s IWO WIN ••••• Polymer – Improving Revenue Performance Major Highlights Only Polymer Pipe company in India to TTM Revenue of Rs 3,749 million implement TOC into its operation Growing National Presence ; Deriving 75 % of overall revenue through TOC Rs
Slide 25: Performance Outlook
SKILTER Business Outlook e(itoqi. 00000 PERFORMANCE OUTLOOK Company expects to clock revenue growth in excess of 25% CAGR for the next 3 financial years on back of strong pending execution of BSNL 4G Saturation project works and engineering contracts and strong polymer segment performance ; Dive
Slide 26: Shareholding Pattern
SKIPPER LT Shareholding Pattern • Shareholding pattern Major Institutional Shareholders a s o n 3 1 st D e c e m b e r 2 2 A s o n 3 1 st D e c e m b e r 2 2 Name % Promoters Baillie Gifford - Pacific Horizon 4.3% 71.89% Investment Trust Ocean Dial Asset Management India 3.5 % Foreign (ICGF) Portfli
Slide 27: Future Ready
SKIPPER imited SKIPPER R&D Int 0O Future Ready
Slide 28: Focus on Growing Exports
LT SKIPPER EXPLORING NEW GEOGRAPHIES FOCUS ON GROWING EXPORTS • Optimistic outlook: Positioned to grow exports to 50% of Engineering revenue in current year (FY’23) and to 75 % by International certifications next year (FY’24). Certification Country • Opportunity-ready: Certified by prominent intern
Slide 29: Leadership Position in International T&D Sector
SKIPPER L E A D E R S H I P P O S I T I O N S K I P P E R I S C L E A R LY P O I S E D T O B E I N T H E W I N N I N G S P O T I N T H E I N T E R N AT I O N A L T & D S E C T O R • Skipper is the highest accredited manufacturers in India for supplying to global markets • Largest and lowest cost man
Slide 30: IT Telecom Sector: Telecom Tower
SKIPPER I T E L E C O M S E C T O R Limip TELECOM TOWER • ••._ • India needs around 800,000 additional towers to address digital • •• •• • • "•. •• • • growth and 5G Roll out • • • • • • • • China • 1.4 bn • • 1.94 mn • National Telecom Policy aims to inspire $100 bn investment in Customers • • Tele
Slide 31: Leadership Position in the Telecom Sector
SKIPPER ,p LEADERSHIP POSITION S K I P P E R I S C L E A R LY S E T T O B E I N T H E W I N N I N G S P O T IN THE TELECOM SECTOR • Large engineering capacity to support manufacturing of Telecom structures • Proximity to focus Telcos markets - East & North East • Tie up with one of world's leading t
Slide 32: Transmission Line Tower Testing Station
0KILITER mited I T r a n s m i s s i o n L i n e To w e r Te s t i n g S t a t i o n Skipper boasts of India ‘s largest Tower & Monopole Load Testing Station - • All new large T&D projects in - Ki t domestic markets now comes along with Design and Load testing scope; • Our new R&D centre will give u
Slide 33: For any queries please contact
h For any queries please contact: Aditya Dujari (Investor Relations) Skipper Limited 3A, Loudon Street, 1St Floor, Kolkata 700 017 E-Mail: aditya.dujari@skipperlimited.com Tel: + 91 33 2289 2327/5731 Mobile: 9830806906 32