Board approves 100% stake in Sansha Fastener and Sept-quarter results
Skipper Ltd's board met on 30 October 2026 and approved two things.
By ScoutQuest · · 1 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 13,839.76 | 12,617.87 | +9.7% | 13,098.32 | +5.7% |
| Total income | 13,855.94 | 12,658.58 | +9.5% | 13,142.45 | +5.4% |
| Profit before tax | 782.11 | 516.53 | +51.4% | 759.92 | +2.9% |
| Profit after tax | 580.44 | 370.29 | +56.8% | 568.14 | +2.2% |
| Total comprehensive income | 647.13 | 418.09 | +54.8% | (364.48) | — |
| Basic EPS | 4.87 | 3.28 | +48.5% | 5.03 | −3.2% |
- Total income
- 13,855.94; Year ago 12,658.58 (+9.5%); Prev qtr 13,142.45 (+5.4%)
- Profit after tax
- 580.44; Year ago 370.29 (+56.8%); Prev qtr 568.14 (+2.2%)
- Period
- Quarter Ended 30-Sep-26
Also decided at the meeting
- Approved acquisition of 100% equity stake in Sansha Fastener Private Limited, which shall become a wholly owned subsidiary of the Company.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional items of ₹106.79 million were recognised in the quarter ended 30-Sep-25; none in the current quarter.
- Allotted 92,23,402 equity shares on preferential basis at ₹470 per share aggregating ₹4,335.00 million on 31st July, 2026.
- Effective portion of cash flow hedge fair value changes of ₹94.94 million for the quarter ended 30th September, 2026 recognised in OCI (Cash Flow Hedge Reserve).
- UAE wholly owned subsidiary Skipper Transmission and Distribution L.L.C-S.P.C (incorporated May 12, 2026) had no transactions and was not consolidated.
Two decisions came out of the board meeting held on 30 October 2026: the quarter's financial results and the purchase of a 100% stake in a fastening company.
Financial results (unaudited)
- Standalone and consolidated results for the quarter and half year ended 30 September 2026, reviewed by the statutory auditors JKVS & Co.
- Standalone Revenue from operations: Rs. 13,839.76 million for the quarter.
- Standalone Profit for the period: Rs. 574.68 million for the quarter.
- Standalone Basic EPS: Rs. 4.82 for the quarter.
- Consolidated Profit for the period: Rs. 1,148.58 million for the half year.
Auditor's review conclusion
- This is a limited review, not a full audit.
- JKVS & Co. stated that nothing came to their attention that causes them to believe the statement has not disclosed what is required to be disclosed, or that it contains any material misstatement.
Acquisition
- The board approved the acquisition of a 100% equity stake in Sansha Fastener Private Limited.
- Consequent to this acquisition, Sansha Fastener Private Limited shall become a wholly owned subsidiary of the company.
Capital raise recorded in the results notes
- 92,23,402 equity shares were allotted on a preferential basis at an issue price of Rs. 470 per equity share, aggregating Rs. 4,335.00 million.
- The company received listing approval from NSE and BSE, and trading approval from both exchanges.
In simple words
- A wholly owned subsidiary is a company whose entire shareholding is held by the parent, here 100%.
- A limited review gives moderate assurance on the numbers and is narrower in scope than a full audit.
- Revenue from operations is income from the company's main business, before other income.
The two outcomes are separate: one is a periodic results disclosure, the other is a corporate action that adds a company to the group.
Also from Skipper
Skipper posts record Q2 FY27 with order book of ₹10,066 Cr and roadmap to 600,000 MTPA by FY29
30 Oct 2026
Board approves 100% stake acquisition in Sansha Fastener and Sept-quarter results
30 Oct 2026
Skipper Ltd sets Q2FY27 results conference call for 30 October 2026, hosted by ICICI Securities
26 Oct 2026
More numbers
- Profit for the period, standalone, quarter ended 30-Sep-26 (₹ in million)574.68
- Basic EPS, standalone, quarter ended 30-Sep-26 (in ₹)4.82
- Profit for the period, consolidated, half year ended 30-Sep-26 (₹ in million)1,148.58
- Equity shares allotted on preferential basis92,23,402
- Issue price per equity share on preferential allotment₹ 470
- Preferential issue size, aggregate (₹ in million)₹ 4,335.00 million
- Equity stake acquired in Sansha Fastener Private Limited100%
- Total income, latest quarter13,855.94 (₹ in million)
- Total income, year-ago quarter12,658.58 (₹ in million)
- Total income, previous quarter13,142.45 (₹ in million)
- Total comprehensive income, latest quarter647.13 (₹ in million)
- Total comprehensive income, year-ago quarter418.09 (₹ in million)
- Total comprehensive income, previous quarter(364.48) (₹ in million)
- Profit after tax, latest quarter580.44 (₹ in million)
- Profit after tax, year-ago quarter370.29 (₹ in million)
- Profit after tax, previous quarter568.14 (₹ in million)
- Revenue from operations, latest quarter13,839.76 (₹ in million)
- Revenue from operations, year-ago quarter12,617.87 (₹ in million)
- Revenue from operations, previous quarter13,098.32 (₹ in million)
- Profit before tax, latest quarter782.11 (₹ in million)
- Profit before tax, year-ago quarter516.53 (₹ in million)
- Profit before tax, previous quarter759.92 (₹ in million)
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