MoneyWorks4Me

Skipper secures new orders worth Rs 506.30 crore for Q3FY19

12 Feb 2019 Evaluate

Skipper has secured new orders worth Rs 506.30 crore during Q3FY19 for engineering products from projects of Power Grid Corporation of India (PGCIL), State Electricity Boards and others.

The company’s engineering products order book to sales is well diversified between domestic and international orders. The company has successfully set footprints in the international T&D market, with countries like Panama, Paraguay, Philippines & Angola.

Skipper is engaged in structural fabrication and manufacturing of mild steel and galvanized iron pipes, steel tubular poles, scaffolding and accessories and PVC pipes. Structural fabrication is the major contributor to the revenue of the company.

Peers
Company Name CMP
Bharat Heavy Elect. 414.00
Thermax 3558.65
Kirloskar Industries 3814.25
Skipper 534.15
INDO-MIM 975.75
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