Skipper Limited (SKIPPER) - Net Assets
Based on the latest financial reports, Skipper Limited (SKIPPER) has net assets worth Rs14.91 Billion INR (≈ $161.27 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs45.33 Billion ≈ $490.26 Million USD) and total liabilities (Rs30.42 Billion ≈ $328.99 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Skipper Limited (SKIPPER) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs14.91 Billion |
| % of Total Assets | 32.89% |
| Annual Growth Rate | 16.44% |
| 5-Year Change | 103.68% |
| 10-Year Change | 201.69% |
| Growth Volatility | 11.78 |
Skipper Limited - Net Assets Trend (2013–2026)
This chart illustrates how Skipper Limited's net assets have evolved over time, based on quarterly financial data. See SKIPPER defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Skipper Limited (2013–2026)
The table below shows the annual net assets of Skipper Limited from 2013 to 2026. For live valuation and market cap data, see SKIPPER stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs14.91 Billion ≈ $161.27 Million |
+24.99% |
| 2025-03-31 | Rs11.93 Billion ≈ $129.03 Million |
+32.92% |
| 2024-03-31 | Rs8.98 Billion ≈ $97.07 Million |
+16.97% |
| 2023-03-31 | Rs7.67 Billion ≈ $82.99 Million |
+4.82% |
| 2022-03-31 | Rs7.32 Billion ≈ $79.18 Million |
+3.43% |
| 2021-03-31 | Rs7.08 Billion ≈ $76.55 Million |
+2.99% |
| 2020-03-31 | Rs6.87 Billion ≈ $74.33 Million |
+5.96% |
| 2019-03-31 | Rs6.49 Billion ≈ $70.14 Million |
+1.78% |
| 2018-03-31 | Rs6.37 Billion ≈ $68.92 Million |
+28.93% |
| 2017-03-31 | Rs4.94 Billion ≈ $53.46 Million |
+29.56% |
| 2016-03-31 | Rs3.82 Billion ≈ $41.26 Million |
+25.56% |
| 2015-03-31 | Rs3.04 Billion ≈ $32.86 Million |
+31.44% |
| 2014-03-31 | Rs2.31 Billion ≈ $25.00 Million |
+12.17% |
| 2013-03-31 | Rs2.06 Billion ≈ $22.29 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Skipper Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs114.51 Million | 0.77% |
| Other Components | Rs14.80 Billion | 99.23% |
| Total Equity | Rs14.91 Billion | 100.00% |
Skipper Limited Competitors by Market Cap
The table below lists competitors of Skipper Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Kaibao Pharmaceutical
SHE:300039
|
$670.41 Million |
|
NTG Nordic Transport Group A/S
CO:NTG
|
$670.50 Million |
|
Inti Bangun Sejahtera Tbk
JK:IBST
|
$670.86 Million |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
$670.89 Million |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
$669.77 Million |
|
Fastighetsbolaget Emilshus AB
ST:EMIL-B
|
$669.65 Million |
|
Guangdong Green Precision Components Co. Ltd.
SHE:300968
|
$669.63 Million |
|
Guangzhou Amsky Technology Co Ltd
SHE:300521
|
$669.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skipper Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 11,931,030,000 to 14,912,290,000, a change of 2,981,260,000 (25.0%).
- Net income of 2,131,270,000 contributed positively to equity growth.
- Dividend payments of 11,340,000 reduced retained earnings.
- New share issuances of 11,160,000 increased equity.
- Other comprehensive income decreased equity by 439,760,000.
- Other factors increased equity by 1,289,930,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.13 Billion | +14.29% |
| Dividends Paid | Rs11.34 Million | -0.08% |
| Share Issuances | Rs11.16 Million | +0.07% |
| Other Comprehensive Income | Rs-439.76 Million | -2.95% |
| Other Changes | Rs1.29 Billion | +8.65% |
| Total Change | Rs- | 24.99% |
Book Value vs Market Value Analysis
This analysis compares Skipper Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.78x to 4.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs26.42 | Rs549.00 | x |
| 2014-03-31 | Rs23.39 | Rs549.00 | x |
| 2015-03-31 | Rs29.70 | Rs549.00 | x |
| 2016-03-31 | Rs37.29 | Rs549.00 | x |
| 2017-03-31 | Rs48.31 | Rs549.00 | x |
| 2018-03-31 | Rs62.01 | Rs549.00 | x |
| 2019-03-31 | Rs63.18 | Rs549.00 | x |
| 2020-03-31 | Rs65.39 | Rs549.00 | x |
| 2021-03-31 | Rs67.34 | Rs549.00 | x |
| 2022-03-31 | Rs69.65 | Rs549.00 | x |
| 2023-03-31 | Rs73.01 | Rs549.00 | x |
| 2024-03-31 | Rs78.51 | Rs549.00 | x |
| 2025-03-31 | Rs110.65 | Rs549.00 | x |
| 2026-03-31 | Rs132.10 | Rs549.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skipper Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.84%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 3.04x
- Recent ROE (14.29%) is above the historical average (12.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.08% | 2.08% | 1.14x | 3.82x | Rs-18.96 Million |
| 2014 | 11.64% | 2.58% | 1.18x | 3.81x | Rs37.92 Million |
| 2015 | 29.35% | 6.79% | 1.23x | 3.50x | Rs587.84 Million |
| 2016 | 24.93% | 6.32% | 1.27x | 3.12x | Rs569.78 Million |
| 2017 | 22.56% | 6.55% | 1.28x | 2.69x | Rs620.67 Million |
| 2018 | 18.48% | 5.68% | 1.19x | 2.74x | Rs540.35 Million |
| 2019 | 4.81% | 1.67% | 1.13x | 2.55x | Rs-336.65 Million |
| 2020 | 6.00% | 2.98% | 0.81x | 2.49x | Rs-274.73 Million |
| 2021 | 3.03% | 1.36% | 0.82x | 2.71x | Rs-493.50 Million |
| 2022 | 3.43% | 1.48% | 0.81x | 2.85x | Rs-480.66 Million |
| 2023 | 4.63% | 1.81% | 0.88x | 2.90x | Rs-411.75 Million |
| 2024 | 9.10% | 2.50% | 1.04x | 3.50x | Rs-80.97 Million |
| 2025 | 12.52% | 3.23% | 1.36x | 2.85x | Rs300.36 Million |
| 2026 | 14.29% | 3.84% | 1.22x | 3.04x | Rs640.04 Million |
Industry Comparison
This section compares Skipper Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $6,814,063,082
- Average return on equity (ROE) among peers: -9.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skipper Limited (SKIPPER) | Rs14.91 Billion | 9.08% | 2.04x | $670.34 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $3.31 Billion | -24.52% | 4.65x | $27.27 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $31.77 Billion | 12.93% | 3.50x | $1.27 Billion |
| Akash Infra-Projects Limited (AKASH) | $283.35 Million | 5.06% | 1.08x | $4.91 Million |
| Ashoka Buildcon Limited (ASHOKA) | $1.53 Billion | 2.79% | 1.89x | $396.76 Million |
| AXISCADES Technologies Limited (AXISCADES) | $243.57 Million | 13.90% | 0.26x | $881.22 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $7.48 Billion | 10.64% | 1.32x | $211.68 Million |
| Consolidated Construction Consortium Limited (CCCL) | $1.42 Billion | -129.41% | 12.46x | $72.04 Million |
| Ceigall India (CEIGALL) | $18.44 Billion | 15.95% | 1.30x | $701.77 Million |
| Dilip Buildcon Limited (DBL) | $2.95 Billion | 36.68% | 3.77x | $759.37 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $722.07 Million | -39.45% | 0.64x | $5.77 Million |
About Skipper Limited
Skipper Limited manufactures and sells transmission and distribution structures, telecom towers, and fasteners in India. The company operates through three segments: Engineering Products, Infrastructure Projects, and Polymer Products. The Engineering Products segment offers power transmission towers, telecom towers, tower accessories, fasteners, angles, channels, high mast and swaged poles, solar… Read more