imported>GoingBatty: /* top */ fixed link

2021-08-24T03:53:23Z

top: fixed link

New page

{{short description|Indian electricity transmission tower manufacturing company}}
{{Multiple issues|
{{advert|date=September 2018}}
{{COI|date=September 2018}}
}}
{{Use dmy dates|date=September 2018}}
{{Use Indian English|date=September 2018}}
{{Infobox company
| name = Skipper Limited
| logo = Skipper Limited logo.jpeg
| type = [[Public company|Public]]
| traded_as = {{BSE|538562}}
| foundation = 1981
| location = Kolkata, India
| parent = SK Bansal Group
| area_served = [[India]]
| key_people = {{ubl|Sajan Kumar Bansal (managing director)|Amit Kiran Deb (chairman)}}<ref name="finalaya">{{cite web|url=http://www.finalaya.com/Companies/Skipper-Ltd-C51065.aspx|publisher=finalaya.com|title=Skipper Ltd Microsite- Company Information, Financials, Industry|accessdate=2016-12-22}}</ref>
| revenue = {{INRConvert|14623.5|m}} (2016)<ref>{{cite web|url=http://in.reuters.com/finance/stocks/financialHighlights?symbol=SKIP.BO|title=Stock Quote News – Stock Market Quotes, Online Stock Quotes, India|first=Reuters|last=Editorial|work=reuters.com|accessdate=4 March 2017}}</ref>
| net_income = {{INRConvert|951.3|m}} (2016)<ref name="indiatimes">{{cite web|url=http://economictimes.indiatimes.com/skipper-ltd/stocks/companyid-56366.cms|publisher=economictimes.indiatimes.com|title=Skipper Share Price, NSE/BSE Live Stock Price & Company Profile|accessdate=2016-12-22}}</ref>
|homepage = {{URL|http://www.skipperlimited.com/}}
}}

'''Skipper Limited''' is an Indian transmission and distribution structures (towers and poles) manufacturing company. Skipper Limited was set up in 1981 and is a part of the SK Bansal Group.<ref name="greatoffers4u.com">{{cite web|url=http://www.greatoffers4u.com/u/skipper/pvc-pipes.html|title=PVC Pipes – Skipper Ltd|work=greatoffers4u.com|accessdate=4 March 2017}}</ref> Skipper Limited manufactures power transmission and telecom towers, tubular and hi-mast poles, railway electrification structures, solar structures (solar module mounting structures), electric resistant welded (ERW) tubes and polymer products (pipes and fittings). Skipper undertakes activity from angle rolling to fabrication and galvanising, proto assembly, load testing and EPC line construction. Skipper Limited is also in the power distribution and transmission infrastructure sector and the polymer pipes and fittings industry.<ref name="auto">{{cite web|url=http://in.reuters.com/finance/stocks/companyProfile?symbol=SKIP.BO|title=Company Profile for ${Instrument_CompanyName}|first=Reuters|last=Editorial|work=reuters.com|accessdate=4 March 2017}}</ref> Skipper Limited exports its products to more than twenty countries including [[South America]], [[Europe]], [[Africa]], [[Middle East]], [[South Asia|South]] and [[Southeast Asia]], and [[Australia]].<ref name="bloomberg.com">{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=54550160|title=Skipper Limited: Private Company Information – Bloomberg|work=bloomberg.com|accessdate=4 March 2017}}</ref>

==History==
Skipper Limited was set up as Skipper Investments Limited in 1981 and began manufacturing Hamilton poles. Skipper Limited's name was changed to Skipper Steels Limited In 1990 and the production of the company diversified into the manufacturing of telecom towers and masts. In 2001, Skipper set up its first [[LPG cylinder]] manufacturing unit. In 2003, Skipper set up its first Tube mill and in 2005 it set up its first galvanizing plant. The revenue of the company crossed INR 1000 million in 2006 and in the same year it secured the approval from [[Power Grid Corporation of India|PGCIL]] for the setup of a tower unit of 400kV towers. Skipper tied up with [[Ramboll|Ramboll Denmark]], a tower design company, in 2006.<ref name=":0">{{Cite web|url=https://economictimes.indiatimes.com/skipper-ltd/infocompanyhistory/companyid-56366.cms|title=Skipper History {{!}} Skipper Information – The Economic Times|website=economictimes.indiatimes.com|access-date=2018-07-18}}</ref> In 2008, the company started implementing automated CNC to replace the manual Tower production process. In 2009, the company was renamed as Skipper Limited. Skipper received its first-in-India order of 800KV transmission towers from Power Grid Corporation of India Limited (PGCIL) in 2009 and commissioned its facility in [[Uluberia]]: with the first PVC unit and India's first double-side Tube GI plant.<ref name=":0" /> By 2013, Skipper Limited's revenue crossed INR 10,000 million. In 2015, Skipper Limited was listed at [[Bombay Stock Exchange]] (BSE) with a market capitalization of over INR 15, 000 million (as of March 2015 ending). In 2016, Skipper Limited was listed in the [[National Stock Exchange of India|National Stock Exchange]] (NSE) with a capital of INR 13,634 million (as of 31 March 2016).<ref>{{cite web |url=http://www.bseindia.com/downloads/ipo/2014716185155Skipper |title= Limited Information Memorandum |website=www.bseindia.com |format=PDF|access-date=2021-04-26}}</ref><ref>{{cite web |url=http://www.finalaya.com:8000/Documents/AnnouncementAttachments/01022016/8648C560_4DA3_4E5F_B5F7_DCB7F3B30448_151257.pdf |title= Announcement|website=www.finalaya.com |format=PDF|access-date=2021-04-26}}</ref><ref>{{cite web|url=http://www.bseindia.com/stock-share-price/stockreach_corpinfo.aspx?scripcode=538562&expandable=8|title=Untitled Page|work=bseindia.com|accessdate=4 March 2017}}</ref> In 2017, Skipper Limited commissioned its second plant in Guwahati, Assam, and in early 2018, approved a joint venture with Metzerplas, a manufacturer of drip irrigation solutions from Israel.<ref>{{Cite news|url=http://www.business-standard.com/article/markets/skipper-hits-record-high-to-tie-up-with-metzerplas-of-israel-117112700321_1.html|title=Skipper hits record high; to tie-up with Metzerplas of Israel|last=Reporter|first=S. I.|date=2017-11-27|work=Business Standard India|access-date=2018-07-18}}</ref>

==The Company today==
Skipper Limited, of the SK Bansal Group,<ref name="indiatimes.com">{{cite web|url=http://timesofindia.indiatimes.com/city/kolkata/Skipper-aims-at-triple-turnover-in-4-years/articleshow/46694081.cms|title=Skipper aims at triple turnover in 4 years – Times of India|work=indiatimes.com|accessdate=4 March 2017}}</ref> is among the largest manufacturers of T&D structures in [[India]]. The company manufactures engineering and polymer products. In the financial year 2016, the segment-wise revenue performance of the company was INR 13,260 million for engineering products, INR 1,525 million for polymer products and INR 277 million for infrastructure projects.<ref name="indiatimes.com"/>

The engineering segment of Skipper Limited produces power transmission towers, distribution poles, transmission-line monopoles, MS and HT angles, fasteners, tower accessories, solar structures, galvanized and black ERW pipes.<ref name="bloomberg.com"/>

The infrastructural services provided by Skipper Limited include horizontal direct [[drilling]], [[erection]], [[painting]], commissioning and power transmission EPC projects.<ref name="bloomberg.com"/>

Skipper Pipes, under Skipper Limited, manufactures plumbing fixtures (UPVC, CPVC and SWR pipes and fittings) and agricultural solutions ( rigid pipes and fittings ).<ref name="auto"/><ref name="greatoffers4u.com"/>

In 2015, Skipper Limited set up a PVC manufacturing facility in Ahmedabad, Gujarat, with a capacity of 10,000 metric tonnes.<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2015-04-20/news/61339436_1_pvc-gujarat-plant|title=Skipper limited sets up PVC manufacturing facility in Gujarat|work=indiatimes.com|accessdate=4 March 2017}}</ref>

In 2015, the company set up a manufacturing facility in [[Guwahati]], that has a capacity to produce 4000 tonnes of plumbing and agricultural pipes per year. It is situated in the Kamrup district near the airport.<ref>{{cite web|url=http://timesofindia.indiatimes.com/business/india-business/Skipper-commissions-PVC-plant-in-Guwahati/articleshow/50280723.cms|title=Skipper commissions PVC plant in Guwahati – Times of India|work=indiatimes.com|accessdate=4 March 2017}}</ref>

In January 2016, Skipper Limited set up one of India's largest galvanizing plants in [[Uluberia]], [[West Bengal]]. The plant is meant for structures that are 2.5m in diameter and 12m in length. The total galvanizing capacity of this plant is 8000 tonnes per month.<ref name="auto1">{{cite web|url=http://www.onlinenewsind.com/business/skipper-limited-installs-one-of-indias-largest-galvanizing-plants|title=Skipper Limited installs one of India's largest galvanizing plants|first=|last=newscrew|work=onlinenewsind.com|accessdate=4 March 2017}}</ref>

In 2016, Skipper Limited set up two manufacturing plants – one in [[Hyderabad]] and the other in [[Secunderabad]].<ref name="auto1"/>

In 2017, Skipper Limited set up its second manufacturing plant in Guwahati, Assam with a capacity of 30,000 MTPA.<ref name="Bureau">{{Cite news|url=https://www.business-standard.com/content/b2b-plastics-polymers/skipper-ltd-commissions-second-plant-in-guwahati-117032900392_1.html|title=Skipper Ltd commissions second plant in Guwahati|last=Bureau|first=BS B2B|date=2017-03-29|work=Business Standard India|access-date=2018-08-08}}</ref>

As of 2018, Skipper Limited has three manufacturing facilities in [[Howrah]] district in [[West Bengal]], two in [[Guwahati]], [[Assam]]<ref name="Bureau"/> and one each in [[Ahmedabad]], Secundrabad and Hyderabad.

As of 2017, the cumulative production capacity of the Skipper Limited was 230000 MTPA.<ref>{{cite web|url=http://www.thehindubusinessline.com/companies/skipper-set-to-increase-pvc-pipes-capacity-by-four-times/article7101968.ece|title=Skipper set to expand PVC pipes capacity by four times|last=Bureau|first=Our|date=14 April 2015|work=thehindubusinessline.com|accessdate=4 March 2017}}</ref><ref>{{cite web|url=http://timesofindia.indiatimes.com/city/mumbai/Skipper-Ltd-Q1-net-jumps-37-to-Rs-13-72-crore/articleshow/53599432.cms|title=Skipper Ltd Q1 net jumps 37% to Rs 13.72 crore|last=Bureau|first=Our|date=8 August 2016|work=timesofindia.indiatimes.com|accessdate=18 March 2017}}</ref><ref>{{Cite news|url=https://www.thehindubusinessline.com/companies/skipper-to-power-up-on-infra-push-in-northeast/article9606629.ece|title=Skipper to power up on infra push in North-East|work=@businessline|access-date=2018-08-08|language=en}}</ref> In June 2018, the company reported a fall of 15% in net profit for the last quarter, with analysts blaming the drop on the decision to diversify into PVC pipes.<ref>{{cite web|url=https://economictimes.indiatimes.com/wealth/invest/stock-pick-of-the-week-why-analysts-are-bullish-on-skipper-shares/articleshow/64425358.cms|title=Stock pick of the week: Why analysts are bullish on Skipper shares|author=Narendra Nathan|date=4 June 2018|website=Economic Times|access-date=5 September 2018}}</ref>

==Awards==
Skipper Limited received the 2015 CNBC Award For the Fastest Growing Transmission Tower Manufacturing Company.<ref>{{cite web|url=http://www.dnb.co.in/Publications/IndiaTop500Companies2016/SkipperLimited.asp|title=India's Top 500 Companies 2016|work=dnb.co.in|accessdate=4 March 2017}}</ref>

Other awards include:

{| class="wikitable"
|-
! Year !! Name !! Awarding organisation
|-
|2015
|Best Industry in Water Resource Sector in India
|Central Board of Irrigation and Power <ref>{{cite web |url=https://dkfwej267huwn.cloudfront.net/investor-relations/pdf/Skipper-Limited-wins-best-industry-in-water-resources.pdf |title=Skipper-Limited-wins-best-industry-in-water-resources |website=dkfwej267huwn.cloudfront.net |format=PDF|access-date=2021-04-26}}</ref>
|-
|2015–2016
|Star Performer Award
Product Group – Other fabricated metal products excl machinery and equipment, Large Enterprise
|EEPC India<ref>{{Cite web|url=https://www.eepcindia.org/award-winners.aspx?id=A161201145018&ms=13&page=48th-EEPC-INDIA-National-Export-Awards|title=EEPC INDIA|website=www.eepcindia.org|access-date=2018-08-06}}</ref>
|-
| 2016 || Most Ethical Company || World CSR Day Asian Confederation of Businesses, World Federation of CSR and World Sustainability <ref>{{cite web|url=http://www.thehindubusinessline.com/companies/announcements/others/skipper-limited-awarded-most-ethical-company-engineering-design/article9386023.ece|title=Skipper Limited awarded|date=25 November 2016|work=thehindubusinessline.com|accessdate=4 March 2017}}</ref>
|-
| 2016 || Largest Tower Supplier Award || Power Grid Corporation of India Limited<ref>{{cite web|url=http://www.thehindubusinessline.com/companies/announcements/others/skipper-wins-largest-tower-supplier-award-from-pgcil-in-the-tower-supply-category/article8555989.ece|title=Skipper wins Largest Tower Supplier award from PGCIL in the Tower Supply category|date=4 May 2016|work=thehindubusinessline.com|accessdate=4 March 2017}}</ref>
|-
| 2017 || Emerging EPC Player in Power Transmission || EPC World<ref>{{cite web|url=http://www.thehindubusinessline.com/companies/announcements/others/skipper-limited-awarded-emerging-epc-player-in-power-transmission/article9490590.ece|title=Skipper Limited awarded Emerging EPC Player in Power Transmission|date=19 January 2017|work=thehindubusinessline.com|accessdate=4 March 2017}}</ref>
|-
| 2017 || Global HR Excellence Awards for Continuous HR Innovation For Business Excellence || World HRD Congress <ref>{{cite web|url=http://www.thehindubusinessline.com/companies/announcements/others/skipper-limited-awarded-in-global-hr-excellence-awards-in-the-category-of-continuous-hr-innovation-for-business-excellence/article9548859.ece|title=Skipper Limited awarded in Global HR Excellence awards in the category of Continuous HR innovation for Business Excellence|date=17 February 2017|work=thehindubusinessline.com|accessdate=4 March 2017}}</ref>
|-
| 2016–2017 || The Emerging No.1 Brand of the Year || WCRC<ref>{{cite web|url=https://www.telegraphindia.com/pressrelease/bwi/48613/wcrc-announces-the-brand-of-the-year-emerging-no-1-at-a-glit.html|title=WCRC Announces the 'Brand of the Year – Emerging No. 1' at a|work=telegraphindia.com|accessdate=4 March 2017}}</ref>
|}

==Board of Directors==

* Mr. Sajan Kumar Bansal – Managing Director <ref name="economictimes.indiatimes.com">{{Cite web|url=https://economictimes.indiatimes.com/skipper-ltd/directorsreport/companyid-56366.cms|title=Skipper Directors Report {{!}} Skipper Director Details – The Economic Times|website=economictimes.indiatimes.com|access-date=2018-08-06}}</ref>
* Mr. Sharan Bansal – Director <ref name=":1">{{Cite web|url=https://economictimes.indiatimes.com/skipper-ltd/infocompanymanagement/companyid-56366.cms|title=Skipper Management Information – Details of Skipper Management – The Economic Times|website=economictimes.indiatimes.com|access-date=2018-08-06}}</ref>
* Mr. Devesh Bansal – Director <ref>{{Cite news|url=https://www.indiainfoline.com/article/news-leader-speak/devesh-bansal-director-skipper-limited-116020600346_1.html|title=Devesh Bansal, Director, Skipper Limited|last=indiainfoline.com|access-date=2018-08-06|language=en}}</ref>
* Mr. Siddharth Bansal – Director<ref name="economictimes.indiatimes.com"/>
* Sri Yash Pall Jain – Whole Time Director<ref name=":1" />

== References ==
{{reflist}}

[[Category:Manufacturing companies based in Kolkata]]
[[Category:Manufacturing companies established in 1981]]
[[Category:Indian brands]]
[[Category:1981 establishments in West Bengal]]
[[Category:Indian companies established in 1981]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Skipper Limited - Revision history

imported>GoingBatty: /* top */ fixed link