7 months ago

Skipper Shares Down 47% from Record High

Skipper Shares Down 47% from Record High
Skipper shares are down 47% from record high, oversold on charts; what's next? · businesstoday.in

Skipper Ltd's shares have dropped 47% from their record high of Rs 665 in December 2024, now trading around Rs 350.

Despite this, the company has a strong order book of Rs 8,800 crore and expects it to grow to Rs 9,000-10,000 crore by the end of FY26.

In FY25, Skipper received its highest-ever order inflow of Rs 5,335 crore, which was 24% higher than the previous year.

The company expects revenue growth of 20-25% over the next three years and EBITDA margins of 10-10.5% in FY26.

Brokerages have different price targets for the stock, ranging from Rs 467 to Rs 700.

The stock is currently trading in the oversold territory with an RSI of 19.4.

Skipper has a low debt-to-equity ratio of 0.59 and has shown significant growth over the past five years, with a revenue CAGR of 27.2% and a profit CAGR of 28.6%.

Key facts

Current Share Price
Rs 350
Record High
Rs 665 (December 12, 2024)
Order Book (End 2025)
Rs 8,800 crore
Expected Order Book (FY26)
Rs 9,000-10,000 crore
FY25 Order Inflow
Rs 5,335 crore (24% higher than FY24)
Revenue Growth (Next 3 Years)
20-25% YoY
EBITDA Margins (FY26)
10-10.5%
Debt to Equity Ratio
0.59
Revenue CAGR (5 Years)
27.2%
Profit CAGR (5 Years)
28.6%
Price Targets
Rs 467 (Axis Direct), Rs 700 (Anand Rathi), Rs 490 (Systematix)
Market Cap
Rs 3,978 crore
52 Week Low
Rs 338.85 (January 21, 2026)
RSI
19.4 (Oversold)

Quotes

Systematix Institutional Equities

A brokerage firm providing investment research and advisory services

“With an order book of Rs 8800 crore as at 2QFY26 end (1.9x FY25 revenue) and order inflow likely expanding at 22% CAGR, we estimate revenue/EBTIDA/PAT of 20%/24%/34% CAGR over FY25-28E. Initiate coverage with BUY and TP of Rs 490, based on 16x FY28E EPS”
businesstoday.in

Sources

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