Skipper Limited has informed the Exchange about Investor Presentation
9KIPPER
-Limited-
SKPL/SECT/2026-27/13
Date: 28th April 2026
The Manager National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C-1, Block-G Bandra Kurla Complex, Bandra (E) Mumbai- 400 051 Symbol- SKIPPER
The Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400 001 Scrip Code- 538562
Subject: Investor Presentation on Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2026.
Dear Sir,
In compliance with the provisions of Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2026.
Kindly take the same on record.
Thanking you,
Yours faithfully, For Skipper Limited
Anu Singh Company Secretary & Compliance Officer
Encl: As above
SKIPPER LIMITED
CIN L40104W81981 PLC033408
Regd. Office: 34, Loudon Street, 1st Floor, Kolkata 700 017
Phone: 033 2289 5731/32
Email: mail@skipperlimited.com
Fa 033 2289 5733
Website: www.skipperlimited.com
@KIPPER
-Limited
Seizing the Multi Decadal Opportunity
Positioned to Power Growth in the Global Transmission sector
Q4 & 12M’26 - Investor Presentation
April'2026
@@ www.skipperlimited.com
Table of Contents
9KIPPER
L4mite
1. Q4 & 12 M FY ’26 Performance Highlights
2. Company overview
3. Key Strengths
`
4.
Industry Overview
5. Financial Trends
6. ESG, Awards & Recognition
Performance & Financial Highlights – Q4 & 12M ’26
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FY’26 – The year of Many Firsts Product Portfolio
9KIPPER
-L4mite
Engineering
6.w
al -
++
Power Registered its highest ever Annual Transmission revenue of Rs 55,528 Mn , driven by Tower strong growth across all business segment
··t -
HH HH - - Recorded its highest-ever Profit Railway After Tax (PAT) at Rs 2,073 mn, Structures reflecting strong business growth and operational execution.
-
v Infrastructure r - all -
Power Distribution Poles
id
MS & High Tensile Angles
W mi#t. -
Solar Structures
Bidding pipeline remains at an all time high level of > Rs 33 bn, driven by buoyant domestic and international market opportunities
A
-✓
-
Won a multi-million dollar contract – Monopoles our largest order to date in the North American market – with a top-tier utility company
Secured prestigious 800 KV Khavda Telecom HVDC projects and several other 765 Tower Kv / 400 Kv projects during the year
Investor Presentation | April 2025
Polymer
5 -
EZEE
Achieved highest ever annual order UPVC inflow in company’s history ; Pipes Secured new orders in excess of Rs 56,780 million during the year for several domestic & Exports projects
CPVC Pipes
2 -
Skipper EPC is currently executing approx 5,000 circuit kilometers of EHV & HVDC transmission line work
HDPE Pipes
The year end closing order book ( 31st Transmission March 2026) stands at Rs 85,019 Mn Line EPC which is the highest ever in company’s history and is well diversified across sector and segments
(HDD) Horizontal Directional Drilling
4
-
Emerged as a Preferred Supplier & Contractor for PGCIL, delivering high- voltage transmission line projects, with 25 active projects currently underway
Coatings
Fasteners & Tower Accessories
During the year commisioned 4 nos of 765 Kv Projects measuring 940 ckm / Rs 15,000 mn.
Test Station and R&D Center
Entered Substation EPC segment complementing core transmission line expertise
Fittings
4 4
Director Speaks – Strong Momentum & Record Performance
9KIPPER
L4fnitet
“We have delivered yet another record-breaking quarter and year, achieving our highest- ever revenue, EBITDA, and profit after tax, reflecting strong reflecting strong execution across business segments. Revenue grew 29% QoQ and 20% YoY, demonstrating sustained momentum.
Profitability reached new highs, with EBITDA increasing 40% QoQ to ₹1,734 million and margins improving to 10.4%, while PAT grew 70% QoQ and 42% YoY, driven by operating leverage, improved cost discipline, and a favorable product mix.
Strong Momentum
• Achieved highest-ever quarterly and Annual revenue, EBITDA and Operating PAT • 29 % QoQ / 20% YoY revenue growth driven by robust execution across all business segment
Profitability at New Highs
Importantly, this performance was delivered despite ongoing geopolitical challenges and supply chain disruptions. In a more stable environment, the outcomes could have been even stronger, highlighting the resilience and agility of our operations.
• EBITDA up 40% QoQ to ₹1,734 Mn; margin 10.4% • PAT up 70% QoQ / 42% 12M YoY, margins at 4.5% and 3.7% respectively
Mr Sharan Bansal, Director
We continue to strengthen our financial profile, with improved cash flows, better return ratios (ROE at 14.1%), and controlled finance costs, reinforcing the quality and sustainability of our earnings.
Our order book remains robust at a highest-ever level of ₹8,502 crore, supported by strong inflows and a record bidding pipeline of over ₹33,000 crore, providing strong multi-year revenue visibility.
The transmission and distribution (T&D) sector continues to witness strong structural tailwinds. Large-scale investments in grid infrastructure, renewable integration, and HVDC projects in India, along with strong global demand driven by energy transition and electrification, are creating a sustained demand-supply gap, benefiting industry players.
With capacity utilization exceeding 90% and expansion underway to 450,000 MTPA by June 2026, we are well-positioned to capitalize on these opportunities and drive the next phase of growth.
Looking ahead, strong sectoral tailwinds, a robust order backlog, expanding capacities, and improving profitability give us confidence in delivering another year of record performance and sustained value creation.”
Sustained Financial Strength
• Finance cost ratio improved to 3.3 % QoQ / 3.9% 12M YoY • Cash Profit surged to ₹ 971 Mn, up 58 % QoQ • ROE surged to 14.1 % against 12.3 % , up 180 Bps YoY
Robust Order Book & Pipeline
• Highest ever closing order book: ₹8,502 Cr; • Highest ever YTD inflows of ₹ 5,678 Cr • Record high bidding pipeline > ₹33,000 Cr
Capacity-led Growth
• Existing capacity Utilization 85 % plus • Additional 75,000 MTPA expansion underway — targeting 450,000 MTPA by June 2026.
Outlook
• Strong Power T&D tailwinds, record backlog, expanding global footprint • Poised to deliver another record year
5
Financial Performance Q4 FY’26
@KIPPER
L4fnitet
Rs in Mn
Sl
Profit & Loss Summary
Q4 FY’26
Q4 FY’25
1
2
3
4
5
6
7
8
Revenues
Reported EBITDA
EBITDA Margins (%)
(+) Other Income
(-) Depreciation
(-) Finance Cost
Finance cost as % to Revenue
Profit Before Tax (2+3-4-5)
PBT Margins (%)
Tax
Profit After Tax (6-7)
PAT Margins (%)
10
Cash Profit (8+4)
16,665.8
1,734.1
12,877.5
1,236.5
10.4%
15.5
215.2
544.8
3.3%
989.5
5.9%
233.4
756.1
4.5%
971.3
9.6%
90.7
172.2
563.3
4.4%
591.7
4.6%
147.8
443.9
3.4%
616.1
YoY Change %
29.4%
40.2%
+80 Bps
-110 Bps
67.2%
+130 Bps
70.3 %
+110 Bps
57.7%
Q3 FY’26
13,705.9
1,414.0
10.3%
16.6
215.7
560.6
4.1%
654.3
4.8%
152.6
501.7
3.7%
717.4
6
Financial Performance 12M FY’26
@KIPPER
L4fnitet
Rs in Mn
Sl
Profit & Loss Summary
12M FY’26
12M FY’25
1
2
3
4
5
6
7
8
9
Revenues
Reported EBITDA
EBITDA Margins (%)
(+) Other Income
(-) Depreciation
(-) Finance Cost
Finance cost as % to Revenue
Profit Before Tax (2+3-4-5)
PBT Margins (%)
Exceptional (loss) / Gain Items
Tax
Reported PAT (6+7-8)
PAT Margins (%)
10
Cash Profit (9+4)
55,528.2 5,726.6
10.3 % 105.6 798.0 2,170.7 3.9%
2,863.5
5.2% (106.8) 683.5 2,073.3
3.7%
2,871.2
46,244.8 4,516.6
9.8% 195.2 633.0 2,127.5 4.6%
1,951.3
4.2% - 493.0 1,458.3
3.1%
2,091.2
YoY Change %
20.1%
26.8%
+55 Bps
46.8%
+100 Bps
42.2%
+60 Bps
+37.3%
7
9KIPPER
-- Limited --
Revenue Performance Highlights
Business Update– Q4 FY’26 - - - - - - - -
Operational & Financial Performance Highlights
Company registered its highest-ever quarterly revenue of Rs 16,666 million on back of strong execution across all its business segments, achieved growth of 29.4 % over previous year quarter
The engineering business achieved its best-ever quarter revenue of Rs 12,487 million against Rs 9,376 million in the previous year quarter, registering a growth of 33.2 % ;
Exports declined ~70 % YoY to Rs 540 million (Vs Rs 1,757 million), impacted by geopolitical developments in West Asia, leading to delays / temporary holds
EBITDA rose 40.2 % YoY to Rs 1,734 million, highest ever for any quarter, compared to Rs 1,237 million in previous year period ;
EBITDA Margins improved by 80 bps to 10.4 % against 9.6 % in previous year quarter
Finance cost as % of sales improved to 3.3 % against 4.4 % in previous year quarter , with ongoing initiatives aimed at bringing it further down in subsequent quarters
Robust growth in bottom line – PAT increased to Rs Rs 756 million, the highest for any quarter, registering 70% YoY growth.
PAT margin improved to 4.5% of sales against 3.4 % in previous year quarter
8
9KIPPER
-- Limited --
Revenue Performance Highlights
Business Update– 12M FY’26 - - - - - - - -
Operational & Financial Performance Highlights
Achieved its best ever annual revenue performance; Revenue of 12M Fy’26 increased to Rs 55,528 million against Rs 46,245 million in 12M FY’25, registering a growth of 20 %
Engineering business segment achieved its best ever 12M Revenue of Rs 43,590 million against Rs 35,185 million in the previous year, registering a growth of 24 %
Polymer segment reported its highest ever annual revenue, crossing Rs 5,000 million (+17% YoY), with volumes also reaching a record 39,686 MT (+20% YoY)
Achieved strong profitability and margin growth, driven by superior project execution and efficient working capital management
EBITDA margins improved to 10.3% (v 9.8% YoY) driven by operating leverage and execution of higher quality T&D contracts
Finance cost as % of sales improved to 3.9 % against 4.6% in previous year period , with ongoing initiatives aimed at bringing it further down in subsequent period
Delivered highest-ever annual PAT of Rs 2,073 million (+42% YoY), with margin expansion to 3.7%, showcasing an improvement of 60 bps
Improved Returns with ROE at 14.1 % (vs 12.3%), stable leverage at 0.62x , strong cash profit growth of 37% to Rs 2,871 million
9
Other Major Update
9KIPPER
L4fnitet
Order Book & Inflows
❑ Secured a multi-million-dollar contract – our largest order to date in the North American market – with a top-tier utility company
❑ Highest ever closing order book: ₹85,019 Mn; Q4’26 order inflow of ₹ 10,290 Mn;
❑ Highest ever YTD inflows of ₹ 56,780 Mn (+6%) , reinforcing strong execution visibility
❑ Company is currently executing 5,000 approx circuit kilometers of EHV & HVDC transmission line work as of March 2026.
❑ Completed successful plant audits by new potential customers from North America, Middle East, LATAM, Australia and Europe.
Other Updates
❑ Achieved global differentiation with commissioning of Test Bed 2 – becoming the world’s only company with dual test bed facilities – along with a first of
its kind integrated tower testing set up for lattice towers and monopoles.
❑ Set a new industry benchmark by Prototyping and testing World’s heaviest transmission tower, weighing 293 MT.
❑ Successfully conducted India's first ever testing of CICA (Composite Insulated Cross Arms)
❑ Opened subsidiary at Brazil to enhance focus in Latin America – Skipper LATAM. Subsidiary at UAE & USA under final implementation phase.
❑ The ongoing 75,000 MTPA capacity expansion is progressing well as per schedule, taking our total installed capacity to 450,000 MTPA by June 2026.
❑ The company has successfully gone live with SAP S4 HANA RISE across key business functions, marking a major milestone in the company’s digital
transformation journey. The implementation is expected to streamline end –to-end operations, enhance process standardization, improve data accuracy and enable real time vicibility across business functions, thereby supporting faster and informed decision making, stronger controls and scalable growth.
❑ Received “Great Place to Work” certification for the 5th consecutive year, reflecting its strong organizational structure, employee engagement and
commitment to an inclusive and high performance work place.
10
Segment Report
9KIPPER
L4fnitet
Segment
I
Profit & Loşs Summary
I
Q4 FY’26
I
Q4 FY’25
I
Change % 12M FY26
12M FY’25
Change %
Net Sales
12,487.4
9,375.6
33.2%
43,590.2
35,185.0
Engg Products
EBITDA
1,500.5
1,062.0
41.3%
5,101.4
3,929.8
% of Sales
Net şales
12.0%
11.3%
11.7%
11.2%
1,599.8
1,388.4
15.2%
5,069.0
4,317.4
PVC Products
EBITDA
%of şales
Net şales
Infra Projects
EBITDA
% of şales
72.4
4.5%
56.8
4.1%
27.4%
212.5
4.2%
186.4
4.3%
2,578.6
2,113.5
22.0 %
6,869.1
6,742.5
161.2
6.3%
117.7
5.6%
37.0%
412.7
6.0%
400.4
5.9%
Net şales Total
16,665.8
12,877.5
29.4%
55,528.2
46,244.8
Total
EBITDA Total
1,734.1
1,236.5
40.2%
5,726.6
4,516.6
23.9%
29.8%
17.4%
14.1%
1.9%
3.1%
20.1%
26.8%
Polymer 9%
Infra 12%
Engg 79%
% of Sales
10.4%
9.6%
10.3%
9.8%
Revenue Mix – 12M FY’26
Note: Segment EBITDA includes allocation of un-allocable expenditure in pro-rata share of Sales and Capital Employed in their respective segment
11
Key Performance highlights J
Stand Alone - Revenue
EBITDA & Margin
•
Rs in Mn
+ 29 %
12,878
13,706
16,666
+ 40 %
1,414 10.3%
1,236
9.6%
l
1,734
10.4%
Rs in Million
9KIPPER
--- Limited ---
PAT & Margin
J
+ 70 %
502
3.7%
756
4.5%
444
3.5%
Q4 FY'25
Q3 Fy'26
Q4 FY '26
Q4 FY'25
Q3 Fy'26
Q4 FY '26
Q4 FY'25
Q3 Fy'26
Q4 FY '26
12M’26 Vs 12M’25
+ 20 %
+ 27 %
46,245
55,528
4,517
9.8%
5,727
10.3%
+ 42 %
2,073
3.7%
1,458
3.2%
12M FY'25
12M FY'26
Note : PBT for Q2 & 9M Fy’26 is before considering exceptional items
12M FY'25
12M FY'26
12M FY'25
12M FY'26
12
Efficient Debt Management
9KIPPER
L4fnitet
Debt Details
Long Term Debt
Current Maturities of Long Term Debt
Total Long Term Debt
Short Term Debt
Gross Debt Level
Interest Bearing Acceptances
31.03.2026
31.03.2025
Inc / (Dec)
Rs in Million
4,434
992
5,426
3,792
9,218
3,444
2,317
754
3,071
3,944
7,015
4,360
2,117
2338
2,355
(152)
2,203
(916)
1,287
Gross Debt + Acceptances
12,662
11,375
• Efforts continues on cash flow and balance sheet consolidation ;
• Cash flows and working capital are expected to improve considering the quality of order intake this year
Investor Presentation | April 2025
13
Performance & Leverage Ratios
9KIPPER
L4fnitet
Particulars
Working Capital Ratios
(+) Inventory Days
(+) Debtor Days
(-) Trade Payable Days (Excluding acceptances)
Net Working Capital Days (Excl. Bills Payable)
Leverage Ratios
Debt Equity (X)
Debt to EBITDA (X)
Performance Ratios
ROCE (%)
ROE (%)
31.03.26
31.03.25
70
104
76
98
0.62
1.61
21.0
14.1
95
62
62
95
0.59
1.55
21.6
12.3
•
•
Net working capital days remained stable, are expected to improve considering the quality of order intake this year
Focus continues towards further Improvement of performance and leverage ratio.
Investor Presentation | April 2025
14
Cash Flow & Utilization 12 M FY’26
@KIPPER
L4fnitet
Cash Flow from Operations
Rs 5,701 million
Cash used in Capex Investments
Rs 3,664 million
Total Inflows Rs 8,736 Million
)
Increase in Borrowings
Rs 2,053 million
Cash used in Interest, Tax and Dividend
Rs 2,617 million
Total Outflow Rs 8,736 Million
Working Capital Changes Rs 2,455 million
Other Receipts
Rs 982 million
Investor Presentation | Nov 2025
15
Order Book Highlights
9KIPPER
Limited
----------------------------- ' ' 1
₹ 85,019 Mn Highest ever closing Orderbook as of March ' 2026 ' .. _ - - - - - - - ------------ - - - - - - - - _,,
7
, ...
₹ 56,780 Mn Annual New Order Inflows in 12M FY26
- - - - - - - - - - - - -
--------------------------- ' ' ₹ 10,290 Mn New Orders in Q4 FY26 - - - - - - - - - - - - -
... ,'
, !I ,,
' ' ' ' ' ' '
·' ... ,,' \ ...
✓
✓
Share of non-T&D products, including Railways and Telecom, in the overall order book stood at 13 %
Domestic contracts from PGCIL and several Private TSO and SEB’s, reinforced leadership in power T&D Sector
✓
International contracts across Middle East, North and South America helping us to become global industry leader
Orderbook has shown consistent growth
n m
s R
21,151
62,146
45,506
74,584
85,019
Mar'22
Mar'23
Mar'24
Mar'25
Mar'26
Investor Presentation | April 2026
Geographical Breakup
Export 10%
Domestic 90%
Segmental Breakup
13%
10%
77%
■
T&D Domestic
■
Export
■
Non T&D Domestic
Note: Non T&D products includes - Telecom, Railways, Solar, Water EPC & other Steel Structural items4
16
Order Inflow Trend
Fy’26 Total Inflow – Rs 56,780 Mn (+6% YoY)
@KIPPER
L4fnitet
n m
s R
28,639
Secured Annual order inflow of Rs 56,780 mn
15,286
12,148
11,405
7,652
19,774
16,599
15,920
13,182
14,286
12,430
10,290
4,534 5,010
4,225
2,710
4,027 4,605
4,097
4,016
Q1 FY'22
Q2 FY'22
Q3 FY'22
Q4 FY'22
Q1 FY'23
Q2 FY'23
Q3 FY'23
Q4 FY'23
Q1 FY'24
Q2 FY'24
Q3 FY'24
Q4 FY'24
Q1 FY'25
Q2 FY'25
Q3 FY'25
Q4 FY'25
Q1 FY'26
Q2 FY'26
Q3 FY'26
Q4 FY'26
Investor Presentation | April 2026
17
Sector Outlook
9KIPPER
L4fnitet
•
•
•
India’s National Electricity Plan (NEP; FY23-32) has outlined an ambitious investment plan of ~INR 9tn in transmission, driving structural acceleration in orders inflows over the past few years, supported by large-scale renewable energy integration.
Sector level ordering, In Fy’26 moderated compared to FY’25, primarily due to temporary challenges such as increased ROW / Forest clearance timelines on the ground and extended delivery cycles for critical equipment's ( e.g., transformers, HVDC) rather than any structural slowdown
These constraints resulted in slower-than-expected bidding activity by CEA, allowing the industry time to strengthen execution capabilities
• Underlying tender pipeline remains strong, supported by robust transmission capex linked to renewable integration, grid expansion, and
system strengthening. Order awarding is expected to accelerate significantly from FY27, approaching FY 25 levels
•
•
•
Strong visibility of future orders backed by a large and healthy pipeline already in place, provides confidence in sustained ordering momentum
In addition to the FY 27 pipeline, select projects deferred from FY’26 are expected to be bid out this year, expanding the overall opportunity scope, including: 765kv WR-ER Inter-regional Part-A & C, 765kv Krishnagiri REZ Phase-I, 765kv Green Hydrogen / Ammonia projects in Vizag ,Kakinada& Tuticorin (Phase-I), 800kv HVDC Rajasthan Barmer-II and others
Power Grid Corporation of India Limited has increased its capex guidance to ~₹45K crore for Fy’28 (vs. ~compared to ~ ₹ 35K Crores in Fy’26), reinforcing sector growth outlook and order flow visibility
Investor Presentation | April 2026
18
Transmission: Large Structural Opportunity (1/2)
9KIPPER
-Limited
Structural Industry Opportunity (Macro Tailwind) •
India’s power system undergoing once-in-a- generation expansion driven by energy transition Non-fossil capacity expected to reach ~786 GW by 2035-36 (vs ~275 GW currently) Renewable (solar + wind) alone projected at ~664 GW Peak power demand expected to grow to ~459 GW, implying sustained infra buildout
•
•
•
Massive Transmission Capex Visibility •
Transmission network planned for >900 GW integration by 2035-36 Total investment opportunity: ~₹7.9 lakh crore Infrastructure build-out includes:
•
•
•
•
1,37,500 circuit km of transmission lines 8,27,600 MVA substation capacity
Strong Order Flow Drivers (Execution Pipeline) •
Transmission projects across ISTS + intra- state networks Continuous pipeline through:
• •
Green Energy Corridor (GEC II & III) Renewable Energy Zones (REZ) development Offshore wind & hybrid projects Annual RE addition target: 40–45 GW per year
•
•
•
Transmission is the backbone of energy transition — massive, long-duration capex cycle ahead
Unprecedented visibility of multi-year order pipeline across T&D ecosystem
Sustained tendering pipeline ensures strong order inflow visibility for EPC & tower players
Complexity Increasing → Entry Barriers Rising •
Shift towards:
• • •
HVDC transmission systems 1150 kV ultra-high voltage corridors Integration of storage (BESS, PSPs)
•
Higher technical complexity → fewer qualified players
Industry moving from commoditized to high- engineering — favors established players like Skipper
Geographic Diversification of Opportunity •
Major RE + transmission hubs:
• • •
Rajasthan (~260 GW potential) Gujarat (~136 GW) Southern states (AP, Karnataka, Tamil Nadu)
•
Emerging corridors:
Ladakh (solar + storage) Offshore wind (Gujarat & Tamil Nadu)
• • •
Pan-India opportunity reduces dependency on any single geography
Investor Presentation | April 2026
19
Source: CEA Transmission Plan for Integration of over 900 GW Non-Fossil Fuel Capacity by 2035-36
Transmission: Large Structural Opportunity (2/2)
9KIPPER
-Limited-
Transmission Ahead of Generation (Key Insight) •
Transmission requires longer gestation vs renewables Planning being done ahead of generation rollout
•
Policy & Regulatory Push •
Strong government alignment:
• •
500 GW RE target by 2030 Aggressive grid expansion roadmap
•
New regulations (Solar / Non-Solar hours) improving asset utilization
Ensures front-loaded order visibility and reduces cyclicality
Policy-backed demand reduces execution risk
Additional Demand Drivers (Beyond RE) •
New energy loads:
• • •
Green hydrogen Data centers EV manufacturing Increasing industrial electrification
•
Transmission demand not just RE-driven — multi-sector structural demand
,-----------
_"
Significant Under-Implementation Pipeline • ~500+ GW equivalent transmission already: Commissioned + under implementation Additional ~334 GW pipeline in planning
•
Strong near-term + medium-term execution visibility
Skipper Positioning Well-positioned to benefit from:
• • •
Tower manufacturing scale advantage Cost leadership EPC execution capability
•
Strong alignment with:
• •
RE evacuation projects National transmission expansion
Investor Presentation | April 2026
20
Source: CEA Transmission Plan for Integration of over 900 GW Non-Fossil Fuel Capacity by 2035-36
Inflection Point with Growth Ahead
9KIPPER
Limited
Skipper is well positioned to seize the multi - decadal opportunities for exponential growth!
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
Scale up exports by increasing penetration into developed markets for key segments – Power Transmission and Telecom
Enhance retail distribution network of polymer business
Improvement in operational efficiency through economies of scale and cost reduction initiatives
Investor Presentation | April 2026
21
Company Overview
Key Management
@KIPPER
L4fnitet
Whole Time Directors
Sajan Kumar Bansal Chairman and Managing Director
Sharan Bansal Director
Devesh Bansal Director
Siddharth Bansal Director
Yash Pall Jain Director
Independent Directors
Mr. Ashok Bhandari Independent Director
Mrs. Richa M Goyal Independent Director
Mr. Raj Kumar Patodi Independent Director
Mr. Pramod Shah Independent Director
Mr. Desh Raj Dogra Independent Director
Investor Presentation | April 2026
23
Our Journey – a legacy of 4+ decades
9KIPPER
L4fnitet
- Commissioned one of India’s largest
Tower & Monopole Load Testing Station Set up DSIR approved R&D Centre
-
2020
•
2018 - Diversified into Railway Electrification
2024
- Secured 9 projects from PGCIL, including 8 key 765KV transmission line projects
- Awarded Emerging Power EPC Player by PGCIL
2023 Appointed MS Dhoni as Brand Ambassador for promoting Polymer Pipes
- Commissioned our first Transmission line EPC project 400 KV Panchkula Patiala for PGCIL - Diversified into Transmission EPC segment by way of forward integration
2016
Backward integration through setting up of rolling Mill
2010
•
2014 Won supply contracts for South America’s Transmission market
•
Received PGCIL approval for tower unit and our first order for 400KV towers
•
2006
•
2009 Got India’s first order for 800KV transmission towers from PGCIL
•
1981
Incorporated for manufacturing of Hamilton Poles
Investor Presentation | April 2026
Note: PGCIL refers to Power Grid Corporation of India Limited
24
Key Strengths
Key USP & Highlights
@KIPPER
Limited
Market Leadership
Diverse product portfolio with a legacy of innovation
Integrated low-cost manufacturing capabilities backed by strong R&D
• India’s largest (top 10 globally) integrated T&D tower structures manufacturer • Experienced Promoter with 4 decades of expertise in the manufacturing business • One of the largest manufacturers of T&D structures with tower testing facilities to serve their global customers • Most preferred EPC contractor and supplier of Transmission tower of HVDC / High Voltage Transmission line Projects
• Offers a comprehensive range of products across Engineering, Infrastructure and Polymers • First Indian company to design and supply transmission monopoles to North America • Certifications from sovereign and international clients, including PGCIL approval and ISO 14001: 2015 & ISO 9000
accreditation showcasing quality excellence.
• Due to cost optimization, integrated plant benefits and strategic plant location with proximity to ports, the company is
well positioned to take benefits of a Multi Decadal Transmission Opportunity • Qualified engineering team coupled with in house design and R&D capabilities • Low-cost T&D player in India with the highest EBIDTA margin amongst peers
Strong global presence
• Strong international presence in over 50+ countries • Establishment of an R&D Centre and Tower Testing Station improving brand positioning in export markets
Healthy financial performance and robust order book
• Strong industry tailwinds coupled with company’s market leadership leading to Revenue CAGR of 34.3 % between
FY22-FY26
• Order book to revenue ratio of 1.7 x on FY26 Revenue , showcasing long term revenue visibility
Investor Presentation | April 2026
26
Diverse Product Portfolio (1/2)
@KIPPER
--- Limited ---
We manufacture a range of Power Transmission structures, Telecom Towers, and Railway Electrification Infrastructure
Engineering
Infrastructure
Power Transmission Tower
Railway Structures
Power Distribution Poles
MS & High Tensile Angles
As
id '
Tower & Substation EPC
Telecom EPC
7
0
l
Monopoles
Test Station
Telecom Tower
Engineering Segment
12.2%
11.3% 11.6%
11.2%
11.7%
43,590
35,185
13,218
15,239
22,310
FY23 FY22 ■ Net Sales (Rs. Mn) Investor Presentation | April 2026
FY24
FY'26 FY25 EBITDA Margin
-
Fasteners & Tower Accessories
Coatings
Infrastructure Segment
_«,------------"r"--------------
';
11 kV – 1200 kV Range of voltage
'
' ' ' ' ' ' ' ' ' '
' ' ' ' ' ' ' I
16.0% FY26 Export revenue (Engg segment)
,
3,75,000 MTPA Engg products capacity as of March 2026
'
I
\
I
\
a'ea
3.1%
6.1% ■ 5,984
5.9% ■ 6,743
6.0% ■ 6,869
-5.8%
652
505
FY23
FY22 ■ Net Sales (Rs. Mn)
FY24
FY25
FY'26 EBITDA Margin
Water EPC
, • + f
•
' ' ',
Forward integration activity Focus on high- margin HVDC Transmission projects -------
' ' '
, ,
27
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.
UPVC Pipes
CPVC Pipes
rte
Moo»o sorts in
aero $
HDPE Pipes
Fittings
r2
9KIPPER
Storage Tanks
Bath Accessories
Polymer
One of the largest manufacturer of polymer pipes and fittings products in West Bengal and in East India
✓
✓
✓
✓
Growing National Presence with 30,000+ retail units across India(1)
Leveraging Economies of Scale in Procurement of PVC & CPVC Resin locally and internationally
End use industries: Plumbing, Sewage, Borewell & Agriculture Focusing on Plumbing products
✓
Skipper Pipes have been certified with highest standard of NSF 14 in 2016
,;-- ------------- '
62,000 MTPA Polymer Capacity as of FY26
' ' ' '
Polymer Segment
4.7%
4,059
5.2%
■
4,526
4.3% ■ 4,317
4.2% ■ 5,069
3.4%
3,200
Agriculture Pipes
Borewell Pipes and Fittings
Investor Presentation | April 2026
' ' ' 4
___________ ,,
'
FY22 ■
FY23 Net Sales (Rs. Mn)
FY24
FY25 FY'26 EBITDA Margin
-
28
Core Competencies in Manufacturing
@KIPPER
L4fnitet
Integrate manufacturing facilities with advanced technology
✓
✓
✓
Automated State-of-the-Art Equipment
Value Optimization through Engineering and Design Excellence
75% Production is through Automated CNC line
✓
✓
✓
In-House Availability of Products, Accessories, and Technical Services
Single location plant leading to Cost Efficiencies
7 Galvanizing plants in- house with a Galvanizing capacity of 375k MT p.a.
Strategically located plants in the East, ensuring raw material access, proximity to Haldia & Kolkata port, and cost-effective labour
✓
?
✓
Awarded as “Largest Tower Supplier” by PGCIL (1) & "Best Industry in Water Resources sector" by Central Board Of Irrigation And Power (2)
✓
PGCIL Approved and ISO Certified Large Manufacturing Capacities enabling participation in large scale project orders; NABL certification for its in-house test labs
l l
29
Manufacturing footprint largely concentrated in Kolkata
1
Uluberia - Kolkata, (WB)
262K MTPA
(including poles) 55K MTPA
*
*
Engineering products capacity
*
*
Investor Presentation | April 2026
2
3
4
Unit 1 - Kolkata, (WB) 75K MTPA
BCTL - Kolkata (WB) 38K MTPA
Guwahati – Assam 7K MTPA
*
Polymer Pipes & Fittings products capacity
Manufacturing Value Chain
9KIPPER
lL4mite
Our Value Chain
Steel Billets & blooms as input
Wire Rod as Input
Manufacture MS & HT Angles
Manufacture Bolts & Nuts
Manufacture D-shackles & Hangars
(2)
@
Scale & Size
+
Strategic location
+
)
Backward integration
]
]
]
Fabricate & Galvanize Complete Towers
EPC Line Construction
Competitive Advantage for Skipper!
Investor Presentation | April 2026
30
Powering growth through R&D
$$
$KIPPER
R6D
9KIPPER
Limited
----------------------,, ' l 765 kV D/C ' l ' ' Tower ,
Tested towers & monopoles ----------------------,\ 500 kV D/C Tower
_
',
----------------------,, ' ' 220 kV ' ' ' ' D/C Tower ,
_
_
' ' ' ' ' ' ' , , ----------------------,, ' ' f ' ' ' 400 kV D/C ' ' f ' f Monopole ' foe
',
765 kV S/C Monopole
_
',
Leading through innovation
• We have strengthened our innovation capabilities backed by our
talented designing and R&D teams.
• In-house research & development Centre - Howrah, West Bengal
• DSIR approved facility
',
• We are assuring our clients by conducting prototype tests in our
state-of-art test centers.
Our USP in R&D
✓ Capability to test highest tower of 120m height with
1200kV in India
✓ Optimum efficiency designs ✓ Dedicated in-house R&D center ✓ Automated central loading and supervision system ✓ Dual-speed VFD Driven Electrical Winches
Investor Presentation | April 2026
31 31
A New Milestone – Second Tower Test Bed Commissioned
9KIPPER
Limited
r
• ± ; ......
; x
.
al
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 and Monopoles.
This facility enables simultaneous testing, ensuring faster project turnaround and unmatched reliability assurance.
32
Strong Global presence
@KIPPER --
Limited
Q de
, ' l
' ' ' ' ' ' ' f ' ' ' ' ' '
,
Exporting to
50+
countries
f
16 % 12M’26 Export contribution to Engineering Segment Revenue
,
f
7,100 mn 12M’26 Export Revenue
' '
' '
, '
8,502 mn Share of Exports in March FY26 Orderbook (Rs mn)
We are focused on scaling our exports
Africa 18
South America 9
Middle East 7
South and SE Asia 9
North America 3
Oceania 2
Europe 6
Oceania
▪ China+1 strategy presents a significant opportunity for India as the preferred
▪ In-house design capabilities and skilled professionals to deliver value-added
sourcing location
and cost effective design solutions, enhancing project bids.
▪ One of the suppliers to South America transmission market, exclusive
▪ Strong working relationship with major Global EPC players
agreement with a major TSO(1) signed in 2014
▪ Enhanced credibility through certification of prominent international
▪ Improved brand positioning in the export market due to our establishment
organizations and Countries
of an R&D centre and Tower Testing Station
Investor Presentation | April 2026
Note: 1. TSO – Transmission service operator
33
Industry Overview
Power T&D Lines a Multi Decadal Opportunity
9KIPPER
-- Limited
Addition of 7.4 mn of transmission lines globally till CY50
Global grid investment to nearly double in next 5 years
Asia pacific and North America continue to hold lion’s share with 70% of total investments
12.7
3,053
Region wise split of CY24-29 investment (USD 3,053 bn)
h t g n e
l
d e
l l
a t s n
I
)
m k n m
(
7.2
5.3
n b D S U
1,644
2021
2030
2050
CY19-23
CY24-29
' --I' ·---------�
, ,,,
' '
4% 2%
4%
5%
30%
39%
16%
■ ■ ■ ■ ■ ■ ■
India North America Europe Asia Pacific Latin America Middle East Africa
Growth Drivers
Global
India
✓ Integration of Renewable Energy Sources ✓ Grid Modernization and Upgrades ✓ Electrification Initiatives in Emerging Economies ✓ Cross-Border and Regional Interconnections ✓ Sustainability and Decarbonization Goals
✓ Demand for advanced technologies like HVDC and
smart grids
✓ Renewables energy resources integration ✓ Increasing electricity demand and rural electrification ✓ Key Government regulations in India such as NEP, The National Grid Plan, GEC, NIP, PLI Scheme, Gati Shakti
Investor Presentation | April 2026
Source – CareEdge report
35
Power T&D super-cycle underway in India
@KIPPER
L4fnitet
Rs 9.2 tn
NEP Capex outlay during FY22–32 on High Voltage
(> 220kV)
l ._
•, A � L
s ,
➢ The GOI (combined NEP + State) to add 1.15 lakh ckm of lines in the period FY22-27 and 0.77 lakh ckm of
lines during FY27-32
➢ Additionally, 33 GW of HVDC Bipole links are in the process of planning ➢ The interregional transmission capacity to increase to 168 GW by 2032 from present 119 GW ➢ Transmission network to increase by 33% to 6.48 lakh ckm in FY32 from 4.85 lakh ckm in 2024; 87% increase in
transformation capacity to 2,342GVA from 1,251GVA.
RE addition spurring new cycle of T&D capex
PGCIL continues to dominate transmission capex
Majority of New line additions in 765 kV & HVDC Segments
1,000
)
800 W 600 G ( y t 400 i c a p a 200 C
-
400
7 157
236
442
8
191
243
900
20
596
284
610
13
337
260
2,075
n B s R
Capex to double in the next 2 years
250
94
112
FY22
FY24
FY27E
FY32E
■
Nuclear Capacity
■
Renew Capacity
■
Thermal Capacity
FY22
FY24
FY26E
FY25-32E
0.09
4.56
0.10 0.51
1.94
1.92
0.09
4.85
0.10
0.55
2.04
2.07
0.09
5.71
0.10
0.88
2.29
I
6.48
0.35
1.15
2.50
2.36
2.49
m k c h k a L
0
FY22
FY24
FY27E
FY32E
■
800 KV HVDC
■
500 KV HVDC
765 KV
400 KV
220 KV
Transmission opportunity of INR 9.2 trillion to further increase with additional capex in <220 kV lines by STUs/ SERC.
Investor Presentation | April 2026
Source – CareEdge report Note: STU- State Transmission Utilities, SERC – State Electricity Regulatory Commission, GVA - Gigavolt-amperes
36
Importance of New Transmission lines for Renewables
9KIPPER
---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 Expansion
✓ Many renewable sources are in
✓ Renewables can be intermittent
✓ Existing grid infrastructure
✓ Transitioning to renewables
remote areas
due to weather
✓ Transmission lines bridge the
✓ New line help balance supply
needs upgrading
✓ Transmission lines aid
strains existing lines
✓ New lines are vital for increased
I \ \
',,
gaps to where energy is needed ,,,
I }
\ \
and demand
woo
I I }
\
......
renewable energy distribution
/
,,
\ \
energy flow
...
I
I >
_
Energy Loss Reduction
Decentralization
Grid Resilience
✓ Modern lines are more
✓ Lines enables bidirectional
efficient
✓ Reducing losses makes
renewables cost effective
I \
......
Y _
power flows
✓ Rooftop solar and local sources need support woo"
I I /
\ \
'
✓ Transmission upgrades enhances grid resilience
✓ Make utilities better
I \ \
.........
prepared for extreme events
/ I I _ }
Investor Presentation | April 2026
37
Strong tailwinds in Telecom and Railway sector
@KIPPER
-- Limited --
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 ➢ India’s 5G subscriber base to rise to 25% of overall users as against ~20% at present
Rollout of 5G to dominate demand for telecom towers
Telecom Towers investments leading to higher EPC opportunities
s t i n u 0 0 0
‘
837
582
1,218
n b s R
864
327
537
1,479
544
935
CY19
CY24E
CY29E
■
India Telecom Towers Volume
CY19-23
CY24-29
■ ■
Tubular Telecom Tower Angular Telecom Tower
Railway sector trends and drivers
✓ Rapid 5G Expansion
✓ Surge in data consumption
✓ Digital transformation across sectors
✓ Rise of IoT and Industrial Applications
✓ Increasing Rural connectivity
✓ Currently, over 85% of the broad-gauge network has been electrified, totaling over 69,000 kms, with a goal to achieve 100% electrification by 2025 ✓ GOI plans to invest over Rs 10 tn from FY25 to FY30, focusing on further electrification, digitalization, and high-speed rail expansions ✓ With a Capex of Rs. 2,622 bn and a Gross Budgetary Support of Rs. 2,522 bn, the GOI is transforming Indian Railways into a world-class network ✓ GOI schemes such as PM Gati Shakti, Dedicated Freight Corridor, Amrit Bharat, High Speed Rail Corridors are transforming the Indian railway sector
Investor Presentation | April 2026
Source – CareEdge report
38
Polymer sector outlook
9KIPPER
L4fnitet
In India’ CPVC pipes market grow > 2x by CY29rivers
Key Growth Drivers Drivers
799
251
548
480
118
362
✓ Government Infrastructure Initiatives
•
•
•
Jal Jeevan Mission to provide tap water connections to all rural households by 2024
AMRUT for sustainable urban development
Housing for All
• Nal se Jal
•
Swachh Bharat Mission
✓ Urbanisation project -smart cities and urban renewal projects
✓ Shift from Metal to Polymer Pipes across sectors
i.e agriculture, residential plumbing, sewage systems, and industrial applications.
✓ Increasing focus on micro irrigation efficiency and improving
CY24E
CY29E
agricultural productivity
■
UPVC Pipes
■
CPVC Pipes
✓ Rising awareness and adoption of water conservation
practices
) n B s R (
348
74
274
CY19
The polymer pipes experienced significant growth in last decade lead by shift from Metal to Polymer Pipes
Investor Presentation | April 2026
Source – CareEdge report
39
Consolidated -Financial Trends
4 I ' 4
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Key Performance Trend - Consolidated
Revenue
J
Rs in Mn
•
EBITDA & Margin
CAGR 35.9%
l
CAGR 34.3%
32,820
17,071
19,803
55,528
9.72%
9.73%
46,245
9.83%
9.77%
10.31%
5,727
4,517
1,678
1,925
3,194
FY22
FY23
FY24
FY25
Fy'26
FY22
FY23
FY24
FY25
------------�-----------------------------}
Net Working Capital Days (excl. creditor acceptances)
•
231
211
163
Leverage Ratios
Debt to Equity
«
Debt to EBITDA
-
3.38x
95
98
2.51x
0.77x
0.63x
1.81x I
0.64x
1.55x
•
1.61x
•
0.59x
0.62x
Rs in mn
9KIPPER
-- Limited --
PAT & Margin
CAGR 70.6%
I
1.47%
1.80%
2.49%
3.23%
3.84%
2,131
1,493
817
251
356
FY'26
i
FY22
FY23
FY24
FY25
Performance Ratios
_
Fy'26
i
a�
«
ROCE (%)
«
ROE (%)
9.2%
3.43%
12.3%
4.63%
19.2%
9.10%
21.7% 21.1%
14.29%
12.52%
FY22
FY23
FY24
FY25
FY 26
FY22
FY23
FY24
FY25
FY'26
FY22
FY23
FY24
FY25
FY'26
41
Profit & Loss - Trend
@KIPPER
L4fnitet
Rs in mn
Sl
Particulars
FY22
FY23
FY24
FY25
FY26
1
2
3
4
5
6
7
8
9
Revenues
Reported EBITDA
EBITDA Margins (%)
(+) Other Income
(-) Depreciation
(-) Finance Cost
Finance cost as % to Revenue
(+) Share of Profit / (Loss) of JV
Profit Before Tax (2+3-4-5+6)
PBT Margins (%)
Exceptional (loss) / Gain Items
Tax
10
Profit / Loss After Tax (7+8-9)
PAT Margins (%)
Investor Presentation | April 2026
17,070.80
1,678.30
9.83%
40.12
484.92
930.03
5.45%
-34.64
268.83
1.57%
17.36
251.47
1.47%
19,803.00
1,925.48
9.72%
53.17
467.80
32,820.43
3,194.34
9.73%
85.95
525.30
46,244.80
4,516.58
9.77%
195.19
632.96
55,528.22
5,726.61
10.31%
105.55
797.99
1,040.09
1,539.87
2,127.49
2,170.66
5.25%
28.58
499.34
2.52%
143.68
355.66
1.80%
4.69%
69.83
4.60%
35.18
3.91%
58.02
1,284.95
1,986.50
2,921.53
3.92%
4.30%
468.30
816.65
2.49%
493.04
1,493.46
3.23%
5.26%
(106.79)
683.47
2,131.27
3.84%
42
Segment Report
@KIPPER
Limited-
Rs in mn
Segment
Profit & Loss Summary
FY22
FY23
FY24
FY25
FY26
Net Sales
13,218.48
15,238.54
22,310.42
35,184.94
43,590.15
Engineering Products
EBITDA
1,607.92
1,718.34
2,595.44
3,929.81
5,101.36
EBITDA margin (%)
12.16%
11.28%
11.63%
11.17%
7
11.7%
Net şales
3,200.21
4,059.49
4,526.38
4,317.41
5,068.99
Polymer Products
EBITDA
EBITDA margin (%)
Net şales
Infra Projects
EBITDA
EBITDA margin (%)
Net şales Total
EBITDA Total
Total
108.28
3.38%
652.11
-37.90
-5.81%
191.75
4.72%
504.97
15.39
3.05%
236.80
5.23%
186.37
4.32%
212.52
4.19%
5,983.63
6,742.45
6,869.08
362.10
6.05%
400.40
5.94%
412.73
6.01%
17,070.80
19,803.00
32,820.43
46,244.80
55,528.22
1,678.30
1,925.48
3,194.34
4,516.58
5,726.61
EBITDA margin (%)
9.83%
9.72%
9.73%
9.77%
10.31%
Note: Segment EBITDA includes allocation of un-allocable expenditure in pro-rata share of Sales and Capital Employed in their respective segment
Investor Presentation | April 2026
43
Balance Sheet Trend
@KIPPER
L4fnitet
Rs in mn
Assets
FY22
FY23
FY24
FY25
FY26
Equity and Liabilities
FY22
FY23
FY24
FY25
FY26
Non-Current Assets
Equity
Fixed Assets (Incl. CWIP) 6,709.31 7,041.05 7,653.99 10,343.62 14,400.46
Other Non-Current Assets Total Non-Current Assets
Current Assets
278.84
636.53
567.36
740.79
884.58
6,988.15 7,677.58 8,221.35 11,084.41 15,285.04
Inventories
7,860.64 9,132.01 12,031.45 11,974.06 10,588.25
Trade Receivables
4,343.97 3,602.22 7,661.46 7,012.79 14,847.69
Equity Share Capital
102.67
102.67
105.24
112.85
114.51
Other Equity
Total Equity
7,218.64 7,571.46 8,870.96 11,818.18 14,797.78
7,321.31 7,674.13 8,976.20 11,931.03 14,912.29
Non-Current Liabilities
Borrowings Other Non Current Liability Total Non Current Liability Current Liabilities
2,119.84 1,918.85 3,008.15 2,317.50 4,433.88
560.13 1,585.05 1,898.70 1,577.17 2,804.05
2,679.97 3,503.90 4,906.85 3,894.67 7,237.93
Cash and Bank Balances
392.03
310.81
1,348.90 1,205.95
319.42
Borrowings
3,546.67 2,921.34 2,764.45 4,697.29 4,783.80
Other Current Assets
1,254.66 1,503.79 2,183.98 2,694.69 4,292.64
Trade Payables
6,264.26 5,881.15 12,205.81 12,217.77 17,129.18
Other Current Liabilities
1,027.24 2,245.89 2,593.83 1,231.14 1,269.84
Total Current Assets
13,851.30 14,548.83 23,225.79 22,887.49 30,048.00
Total Current Liabilities 10,838.17 11,048.38 17,564.09 18,146.20 23,182.82
Total Assets
20,839.45 22,226.41 31,447.14 33,971.90 45,333.04
Total Equity and Liabilities
20,839.45 22,226.41 31,447.14 33,971.90 45,333.04
Investor Presentation | April 2026
44
Shareholding Pattern
@KIPPER
L4fnitet
Shareholding pattern As on 31st March 26
Major Shareholders List Major Shareholders List
Name
The Prudential Assurance Company Ltd
Chartered Finance & Leasing Limited
Ajay Upadhyaya
Bandhan Small Cap Fund
India Capital Growth Fund Limited (ICGF)
Pragya Mercantile Pvt Ltd
ICG Q Limited
Duro India Opportunities Fund PTE. LTD.
Biztropolis Tradelinks Pvt Ltd
Aalidhara Textool Engineers Pvt Ltd
Dynavision Ventures LLP
%
2.15%
1.76%
1.54%
1.31%
1.05%
0.71%
0.67%
0.63%
0.61%
0.56%
0.54%
Investor Presentation | Nov 2025
45
[Promoters]66.50%[Foreign Portfolio Investors]]6.07%[Others]27.43% ESG, Awards & Recognition
4 I ' 4
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Environmental, Social and Governance
New Initiatives
400 KWp Rooftop Solar installation in Uluberia plant The Uluberia plant has installed a 400 kWp rooftop solar photovoltaic system to significantly increase the share of renewable energy in our overall power consumption.
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 dashboards for energy, gas, water, and safety management deployed— enabling data-driven governance and predictive analytics.
Strengthened ESG Governance: ISO 50001 Energy Management System initiated at Uluberia; Energy Committee and ESG Policy institutionalized for structured oversight and accountability. LCA & EPD Certificate : 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.
Sustainability Beyond Operations: Project Hariyali launched — planting over 30,000 green belts including 20,000 mangroves in the Sundarbans Delta, integrating ESG with CSR. Investor Presentation | April 2026
Slipper Limited
47
Exhibitions / Trade Fairs – ASCE
@KIPPER
-- Limited --
Skipper at Substation Structures (ETS) Conference 2025
the ASCE Electrical Transmission and
The ASCE Electrical Transmission and Substation Structures (ETS) Conference was held in Dallas, Texas, from September 14–18, 2025. Sponsored by the Structural Engineering (SEI) of ASCE, the the design, analysis, and conference construction of electrical transmission and substation structures.
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Skipper Limited was proud to participate in this prestigious event, showcasing advanced solutions that are transmission and future of power shaping infrastructure. ETS 2025 was an inspiring three-day journey of innovation, collaboration, and learning. From thought-provoking keynotes and insightful panels to deep dives substation technologies, the event buzzed with energy and ideas. Skipper gained valuable perspectives on the latest trends shaping the power infrastructure industry while engaging in meaningful conversations and forging strategic partnerships. The experience reinforced our commitment to building a smarter, stronger, and more resilient energy ecosystem, together with our global peers.
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CSR – Beti Padhao Abhiyaan
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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 National Library, Kolkata.
This year’s event was graced by Dr. S. Somanath, Former and Chairman of visionary behind inspiring address captivated Chandrayaan-3, whose students and educators alike.
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He spoke passionately about the power of curiosity, perseverance, and education in shaping the nation’s future, encouraging every girl to dream big and pursue excellence fearlessly. His words left a lasting impact, motivating young minds to reach for the stars—both literally and figuratively.
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Skipper Pipes – 100% Lead Free Campaign
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Awarded the Green Pro Certification by CII-IGBC (Indian Green Building Council).
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Skipper Pipes have been certified with highest standard of NSF 14.
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Social and Environment Initiatives (1/2)
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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 Schedule VII of the Companies Act, 2013. A dedicated CSR committee oversees the implementation of these initiatives and monitors their progress.
Beti Padhao abhiyaan – Flagship Project In 2017, we launched the Beti Padhao Abhiyan, inspired by the government's Beti Bachao, Beti Padhao Yojana. It has now become a flagship project. We annually select underprivileged girls from schools in Kolkata & Howrah and provide them scholarships based on their individual needs.
Investor Presentation | April 2026
Infrastructure support to schools We annually assist in school infrastructure development, including building maintenance, providing furniture for students and teachers, supporting electricity bill payments, hiring guest teachers, ensuring clean drinking water, and providing food for hostel children.
Environment sustainability The project includes supporting the maintenance of two cremation ghats in Kolkata to prevent water and air pollution. Additionally, the Company has adopted a Traffic Theme Park in Nibra, Howrah, covering an area of 1,224 sqmt., and is responsible for its overall maintenance.
Animal welfare The Company has partnered with the Calcutta Pinjrapole Society to provide care, maintenance, and food for old, sick, and abandoned cows. This includes the construction and upkeep of cow shelters and clinics.
Integrated village development One Teacher School (OTS) Ekal on Wheel Arogyam Homeopathy clinic Training centres
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Social and Environment Initiatives (2/2)
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Recognition
Recognized Great place to work 3 years consecutively
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International Safety Award Distinction -2026
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INTERNATIONAL SAFETY AWARD 2025
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"Sustainable Carbon Reduction Energy Award"
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Investor Presentation | April 2026
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ASSOCHAM AWARD 2025
ET ENTREPRENEUR AWARD 2025
EMERGING EPC PLAYER AWARD BY POWERGRID 2024
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D I S C L A I M E R
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 Disclosure Requirements) Regulations, 2018, each as amended, or any other applicable law. This presentation is for informational purposes only and is not a solicitation of any bid from any investor. Nothing in this presentation, or any oral information provided in connection with it, shall constitute or deem to constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction. This presentation has not been and will not be reviewed or approved by any statutory or regulatory authority in India or by any stock exchange in India.
This presentation should not be considered as a recommendation that any investor should subscribe for or purchase any securities of Skipper Limited (the “Company”) and should not be used as a basis for any investment decision. The Company will not update you in the event the information in the presentation becomes stale. Moreover, no express or implied representation or warranty is made as to, and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in this presentation.
None of the Company or any of its affiliates, advisers or representatives accept any liability whatsoever for any loss howsoever arising from any information presented or contained in this presentation. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is inconsistent with, this presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as having been authorized by or on behalf of the Company.
This presentation is highly confidential, being given solely for your information and for your use, and may not be copied, reproduced, or redistributed to any other person in any manner. The distribution of this presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of this presentation should inform themselves about and observe any such restrictions.
This presentation contains certain statements of future expectations and other forward-looking statements, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects, and future developments in its sectors and its competitive and regulatory environment. In addition to statements which are forward looking by reason of context, the words ‘may’, ‘will’, ‘should’, ‘expects’, ‘plans’, ‘intends’, ‘anticipates’, ‘believes’, ‘estimates’, ‘predicts’, ‘potential’ or ‘continue’ and similar expressions identify forward looking statements. All forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results, performances or events to differ materially from the results contemplated by the relevant forward- looking statement. The factors which may affect the results contemplated by the forward-looking statements could include, among others, future changes or developments in (i) the Company’s business, (ii) the Company’s regulatory and competitive environment, and (iii) political, economic, legal and social conditions in India or the jurisdictions in which our Company operates. Neither the Company nor its affiliates or advisors or representatives nor any of its or their parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this presentation or the actual occurrence of the forecasted developments. Forward-looking statements speak only as of the date of this presentation and are not guarantees of future performance. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this presentation as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based. This presentation includes certain industry data and projections that have been obtained from industry publications and surveys. Further, certain numbers in these presentations and materials have been subject to routine rounding off and accordingly figures shown as total in tables and diagrams may not be an arithmetic aggregation of the figures that precede them.
By attending this presentation and/ or accepting a copy of this document, you agree to be bound by the foregoing limitations and conditions and, in particular, will be taken to have represented, warranted and undertaken that: (i) you have read and agree to comply with the contents of this notice including, without limitation, the obligation to keep this document and its contents confidential; (ii) you will not at any time have any discussion, correspondence or contact concerning the information in this document with any of the directors or employees of the Company nor with any of their customers or suppliers, or any governmental or regulatory body without the prior written consent of the Company; and (iii) you agree not to remove or copy this document, or any materials provided in connection herewith.
Thank you
Aditya Dujari (AVP – Finance & Investor Relations)
Skipper Limited,Tirumala Building 22, East Topsia Road
For any queries please contact:
11th Floor, Kolkata 700 046
E-Mail: aditya.dujari@skipperlimited.com Tel: + 91 33 2290 6333
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