Risk Intelligence
Export headwinds from Middle East and global shipping
View Risks →Skipper delivered a record Q4 FY26 with revenue of ₹1,666 crore (+29.4% YoY) and EBITDA of ₹173.4 crore (+40.2% YoY), driven by strong execution in the engineering segment (₹1,248 crore, +33% YoY).
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Skipper delivered a record Q4 FY26 with revenue of ₹1,666 crore (+29.4% YoY) and EBITDA of ₹173.4 crore (+40.2% YoY), driven by strong execution in the engineering segment (₹1,248 crore, +33% YoY). PAT surged 70% YoY to ₹75.6 crore, with EBITDA margins expanding 80 bps to 10.4% on operating leverage and better cost structure. The full-year order book hit a record ₹8,519 crore with inflows of ₹5,678 crore. Management guided for FY27 revenue growth of 15% and PAT growth of 30%, citing conservative export outlook due to geopolitical headwinds. Key risk: execution delays from right-of-way constraints and critical equipment shortages could temper growth.
Export headwinds from Middle East and global shipping
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Read Transcript →Highest ever order book, supported by record annual inflows of ₹5,678 crore.
Quarterly order inflow of ₹1,290 crore, contributing to record annual inflows.
Strong pipeline providing visibility for future order inflows; conversion ratio 20-25%.
Utilization remains strong; new capacity of 75,000 tons coming online by June 2026.
Management guided for 15% top-line growth in FY27, citing conservative outlook due to export challenges and muted bidding in FY26.
Geopolitical tensions in the Middle East and elevated sea freight rates are delaying export order inflows and execution, impacting near-term growth.
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