Investor Presentaiton
SKIPPER BUSINESS UPDATE
Limited
-
Q3 & 9M FY' 23
Great
Place
To
WorkⓇ
Certified
JAN 2022 - JAN 2023
INDIA
Key Performance Highlights
☐ Strong revenue performance across major business segments in spite of inflationary cost push and geo-
political related challenges; achieved growth of 11 % over previous year quarter and 15% growth in 9M
period.
Stand Alone Operating EBITDA margins improved to 11.2 % in compare to 10.2 % in Q3'22 and 11.4 %
in 9M Fy'23 against 7.7 % in 9M Fy'22
Engineering Segment Operating EBITDA margins improved to 13.3% in compare to 11.5 % in Q3'22 and
13.5 % in 9M Fy'23 against 9.7% in 9M Fy'23; Clocked the desired margin range now for the last many
quarters.
☐ Improvement continues on back of better quality contracts and Increased share of Engineering export
business and parting away with majority of old legacy and CIF contracts aided to better margin
performance in engineering business:
☐ Export sales of 4,970 million in 9M Fy'23, achieved growth of 85 % over previous year quarter and 96 %
growth in 9M period.
☐ Export share in overall engineering revenue stood at 51 % in Q3 Fy'23 and 48 % in 9M Fy'23.
Our JV "Skipper-Metzer India LLP" (50:50) engaged in the business of manufacturing of drip and micro
irrigation systems has turned profitable and reported a PBT of Rs 47 million during the quarter, the
consolidated Financial Results (CFS) results includes our portion of the same.View entire presentation