Skipper closes FY26 with all-time high order backlog

Skipper Ltd has closed FY26 with a record unexecuted order book of Rs.8,502 crore, as of March 31, 2026.

In a release, Skipper said that this order backlog comprised domestic orders to the extent of 90 per cent.

The order book was dominated to the extent of 77 per cent by the domestic power T&D sector. Non-power T&D domestic orders accounted for 13 per cent. The remaining 10 per cent related to export orders.

It may be mentioned that Skipper Ltd has three business divisions – engineering products, infrastructure, and polymer. Power T&D-related activities fall under the first two.

During FY26, the company received new orders worth Rs.5,678 crore, propelled by orders valued at nearly Rs.2,000 crore booked in the first quarter (Q1: April to June).

The company anticipates a bidding pipeline of around Rs.33,000 crore with strong traction continuing across both domestic and international markets.

 

Transmission lines

Skipper’s EPC division was executing approximately 5,000 ckm of EHV and HVDC transmission line work as of March 2026. During FY26, Skipper commissioned four 765kV projects covering a total of 940 ckm, and valued at Rs.1,500 crore.

 

Testing

In FY26, Skipper witnessed achieved two significant industry firsts: the prototyping and testing of the world’s heaviest transmission tower at 293 tonnes, and India’s first-ever testing of Composite Insulated Cross Arms.

 

Capacity expansion

Skipper’s current transmission tower manufacturing capacity stands at 3,75,000 tonnes per year and is spread across three units — all located in Kolkata. Capacity utilization currently stands at over 90 per cent. Further capacity expansion of 75,000 tonnes per year is on schedule and is likely to commission by June 2026.

 

Strong structural tailwinds

Commenting on the company’s performance, Sharan Bansal, Director, Skipper Ltd, said, “Our order book remains robust at a highest-ever level of Rs.8,502 crore, supported by strong inflows and a record bidding pipeline of over Rs.33,000 crore, providing strong multi-year revenue visibility. The T&D sector continues to witness strong structural tailwinds. Large-scale investments in grid infrastructure, renewable integration, and HVDC projects in India, along with strong global demand driven by energy transition and electrification, are creating a sustained demand-supply gap, benefiting industry players.”

Also read: Skipper clocks Rs.4,649 crore order inflow in 9MFY26, up 24 per cent

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