• Earnings and guidance: Skipper delivered 29% revenue growth and nearly 70% PAT growth in Q4, and is guiding for 15% top-line and 30% plus bottom-line growth in FY27 on an elevated revenue base.
• Sector bidding outlook: Annual transmission project opportunities are expected to rebound to Rs 90,000–1,00,000 crore in FY27 after a muted FY26 impacted by right-of-way challenges and shortages of transformers and HVDC equipment.
• Export market expansion: While West Asia remains a small part of the order book, the company is diversifying into Africa, Latin America, Europe, Australia, and North America, where it secured its largest-ever order during the quarter.
• Infrastructure and portfolio additions: Skipper commissioned a dual test bed facility for both lattice towers and monopoles, testing the world's heaviest tower to date, and expanded its addressable market by entering the substations business.