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HomeSHARE MARKETSince Last 12 Months This Share Continue Rising; 1795% Return From Its...

Since Last 12 Months This Share Continue Rising; 1795% Return From Its Lowest Price

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Multibagger Stock Return: Skipper Ltd (India) (NSE: SKIPPER) has had amazing returns in the last year. Shares of the company reached 325 today on Thursday. 

It was priced at ₹90 a year ago. This means that during this time it has provided a return of approximately 260%.

Skipper’s stock has soared 1795% from its lowest price of ₹16.70 per share in March 2020. The stock reached a new high of Rs 401 on February 26.

The Stock Is Continuously Rising

Let us tell you that Skipper shares have been continuously rising since July 2022. Out of the last 18 months, 12 months have been positive and have given returns of 510%.  

Shares posted their biggest monthly gains in June 2023. It increased by almost 50% in a month. This was the highest jump since their listing in 2015. 

The company received a mega-order worth Rs 737 crores in February for the design and supply of a 765 KV Transmission Line Project for Power Grid Corporation of India Limited. It is India’s biggest and only T&D-integrated company in the world.

The company has its manufacturing, tower testing station, and transmission line EPC. The company has a strong international presence on continents like Latin America, Europe, and Africa.

The demand for water pipes is expected to rise in India due to an increase in budgetary allocations for the ‘Pradhan Awas Yojana,’ ‘Jal Jeevan Mission,’ and other initiatives. According to the December earnings report, the order book of the company totaled Rs 57,790 million at the end of Q3FY24.

The company secured new orders amounting to ₹4,020 million during Q3FY24. According to the December earnings report, the order book of the company totaled Rs 57,790 million at the end of Q3FY24.

About Skipper Ltd (India) Company 

Skipper Limited is an integrated production company, offering angle rolling towers, accessories, manufacturing of fasteners, engineering procurement, construction, and (EPC) line building.

Engineering Products, Infrastructure Projects, and Polymer Products are the segments of the firm.

Engineering Products segment: towers with accessories, towers, fasteners high-mast poles, scaffoldings, swaged poles solar power structures, railways, and many more. 

Infrastructure Projects segment: Horizontal direct drilling, engineering, and construction services.

Polymer Products segment: polyvinyl chloride (PVC) and chlorinated Polyvinyl Chloride (CPVC) along with the soil, rain, and wastewater (SWR) pipeline and fittings, etc.

under the name Skipper, The Company makes a selection of high-quality fittings and pipes.

Fundamental Analysis of Skipper Ltd (India)

Market Cap₹ 3,355 Cr.
Current Price₹ 325
52-wk High₹ 401
52-wk Low₹ 87.4
Stock P/E46.8
Book Value₹ 70.9
Dividend0.03 %
ROCE11.9 %
ROE4.33 %
Face Value₹ 1.00
P/B Value4.37
OPM10.1 %
EPS₹ 6.35
Debt₹ 730 Cr.
Debt to Equity0.91

Skipper Ltd (India) Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹354₹400
2025₹412₹432
2026₹455₹476
2027₹490₹612
2028₹632₹665
2029₹670₹690
2030₹700₹900
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Skipper Ltd (India) Shareholding Pattern

Promoters Holding
Dec 202271.89%
Mar 202371.89%
June 202371.89%
Sept 202371.89%
Dec 202366.26%
FII Holding
Dec 20229.51%
Mar 20239.93%
June 20238.09%
Sept 20237.40%
Dec 20237.17%
DII Holding
Dec 20220.11%
Mar 20230.28%
June 20230.15%
Sept 20230.15%
Dec 20230.22%
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Public Holding
Dec 202218.48%
Mar 202317.89%
June 202319.85%
Sept 202320.57%
Dec 202326.34%

Skipper Ltd (India) Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 1,871 Cr
2020₹ 1,391 Cr
2021₹ 1,582 Cr
2022₹ 1,707 Cr
2023₹ 2,786 Cr

Last 5 Years’ Net Profit:

2019₹ 31 Cr
2020₹ 41 Cr
2021₹ 21 Cr
2022₹ 29 Cr
2023₹ 72 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.74
20200.62
20210.55
20220.77
20230.63

Last 10 Years’ Profit Growth:

10 Years:6%
5 Years:-23%
3 Years:-7%
Current Year:94%

Last 10 years’ Return on Equity (ROE):

10 Years:11%
5 Years:4%
3 Years:4%
Last Year:4%

Sales Growth Over 10 Years:

10 Years:8%
5 Years:-1%
3 Years:13%
Current Year:49%

Conclusion

This article is a complete guide about Skipper Ltd (India) Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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