Skyways Air Services Financials
NSE: SKYWAYS | BSE: 544890
₹109.48
As on 05-Oct-2026IST
Market cap
₹1,590 Cr
Revenue (TTM)
₹2,813 Cr
P/E Ratio
38.8
P/B Ratio
2.1
Div. Yield
0.2 %
Income Statement (₹ Cr) |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Operating Revenue
|
2,812.90
|
2,247.82
|
1,289.11
|
1,484.12
|
1,658.56
|
--
|
|||||
|
Total Income
|
2,839.67
|
2,270.99
|
1,316.81
|
1,496.11
|
1,664.32
|
--
|
|||||
|
Total Expenditure
|
2,684.19
|
2,160.03
|
1,239.62
|
1,423.77
|
1,589.50
|
--
|
|||||
|
EBITDA
|
128.71
|
87.80
|
49.49
|
60.36
|
69.06
|
--
|
|||||
|
Depreciation
|
16.66
|
13.70
|
8.89
|
5.56
|
2.93
|
--
|
|||||
|
EBIT
|
112.05
|
74.10
|
40.60
|
54.80
|
66.13
|
--
|
|||||
|
Interest
|
50.25
|
30.44
|
19.92
|
13.89
|
8.56
|
--
|
|||||
|
Other Income
|
26.77
|
23.17
|
27.70
|
11.99
|
5.75
|
--
|
|||||
|
Exceptional Items
|
-0.84
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Profit before Tax
|
87.68
|
67.15
|
48.38
|
52.98
|
63.40
|
--
|
|||||
|
Provision for Tax
|
24.16
|
19.01
|
13.89
|
15.07
|
17.36
|
--
|
|||||
|
Profit after Tax
|
63.52
|
48.14
|
34.49
|
37.90
|
46.04
|
--
|
|||||
|
Minority Interest
|
-22.52
|
-8.97
|
-3.24
|
-2.88
|
-1.38
|
--
|
|||||
|
Share of Associate
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Consolidated Profit
|
41.01
|
39.17
|
31.25
|
35.02
|
44.67
|
--
|
Liabilities (₹ Cr) |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Shareholder's Funds
|
332.64
|
247.14
|
154.26
|
125.19
|
98.24
|
--
|
|||||
|
Minority Interest
|
162.09
|
145.18
|
31.80
|
5.05
|
2.63
|
--
|
|||||
|
Non-Current Liabilities
|
107.81
|
116.60
|
73.57
|
23.76
|
14.36
|
--
|
|||||
|
Current Liabilities
|
898.90
|
812.45
|
527.34
|
290.84
|
347.46
|
--
|
|||||
|
Total Liabilities
|
1,508.24
|
1,321.64
|
790.35
|
448.29
|
464.72
|
--
|
Assets (₹ Cr) |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Non-Current Assets
|
423.28
|
370.27
|
203.92
|
129.67
|
94.28
|
--
|
|||||
|
Current Assets
|
1,077.02
|
951.09
|
583.05
|
315.16
|
368.42
|
--
|
|||||
|
Total Assets
|
1,508.24
|
1,321.64
|
790.35
|
448.29
|
464.72
|
--
|
|||||
|
Total Debt*
|
624.06
|
558.43
|
357.34
|
175.02
|
163.40
|
--
|
|||||
|
Net Current Assets
|
178.12
|
138.64
|
55.71
|
24.32
|
20.96
|
--
|
|||||
|
Contingent Liabilities
|
36.94
|
36.64
|
37.46
|
0.96
|
0.96
|
--
|
Cashflow (₹ Cr) |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash From Operating Activities
|
113.62
|
2.01
|
-9.04
|
71.59
|
20.88
|
--
|
|||||
|
Cash Flow from Investing Activities
|
-179.11
|
-152.29
|
-131.01
|
-76.16
|
-17.28
|
--
|
|||||
|
Cash from Financing Activities
|
52.08
|
221.49
|
155.34
|
-10.67
|
25.83
|
--
|
|||||
|
Net Cash Inflow / Outflow
|
-13.41
|
71.21
|
15.29
|
-15.24
|
29.43
|
--
|
Financials Ratios |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Adjusted EPS (₹)
|
3.52
|
3.48
|
2.99
|
3.36
|
4.47
|
--
|
|||||
|
Cash EPS (₹)
|
6.89
|
5.50
|
4.16
|
4.16
|
4.90
|
--
|
|||||
|
Adjusted Book Value (₹)
|
28.57
|
21.98
|
14.78
|
11.99
|
9.83
|
--
|
|||||
|
Dividend per Share (₹)
|
0.20
|
0.80
|
0.14
|
1.11
|
1.20
|
--
|
|||||
|
Cash Flow per Share (₹)
|
9.76
|
0.18
|
-8.66
|
685.91
|
954.47
|
--
|
|||||
|
Free Cash Flow per Share (₹)
|
2.53
|
-5.17
|
-63.55
|
307.42
|
187.84
|
--
|
Profitability Ratios |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
ROCE (%)
|
15.65
|
14.82
|
16.83
|
23.80
|
27.50
|
--
|
|||||
|
ROE (%)
|
21.91
|
23.99
|
24.69
|
33.93
|
46.87
|
--
|
|||||
|
ROA (%)
|
4.50
|
4.57
|
5.60
|
8.35
|
9.95
|
--
|
|||||
|
EBIT Margin (%)
|
3.98
|
3.30
|
3.15
|
3.69
|
3.99
|
--
|
|||||
|
Net Margin (%)
|
2.24
|
2.12
|
2.62
|
2.53
|
2.77
|
--
|
|||||
|
Cash Profit Margin (%)
|
2.80
|
2.71
|
3.26
|
2.84
|
2.86
|
--
|
Growth Ratios |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue Growth (%)
|
25.14
|
74.37
|
-13.14
|
-10.52
|
--
|
--
|
|||||
|
EBIT Growth (%)
|
51.21
|
82.50
|
-25.91
|
-17.13
|
--
|
--
|
|||||
|
Net Profit Growth (%)
|
31.96
|
39.56
|
-8.99
|
-17.68
|
--
|
--
|
|||||
|
EPS Growth (%)
|
1.09
|
16.35
|
-10.77
|
-24.89
|
--
|
--
|
|||||
|
Book Value Growth (%)
|
34.60
|
60.21
|
23.22
|
27.42
|
--
|
--
|
Valuation Ratios |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Price / Earnings
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Price / Book Value
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Dividend Yield (%)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
EV/EBITDA
|
3.56
|
4.30
|
2.12
|
0.58
|
0.78
|
--
|
|||||
|
Close Price (₹)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
High Price (₹)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Low Price (₹)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Market Cap (₹ Cr)
|
--
|
--
|
--
|
--
|
--
|
--
|
Solvency Ratios |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debt to Equity
|
1.88
|
2.26
|
2.32
|
1.40
|
1.66
|
--
|
|||||
|
Short term debt to equity ratio
|
1.36
|
1.61
|
1.73
|
1.21
|
1.49
|
--
|
|||||
|
Current Ratio
|
1.20
|
1.17
|
1.11
|
1.08
|
1.06
|
--
|
|||||
|
Quick Ratio
|
1.20
|
1.17
|
1.10
|
1.08
|
1.06
|
--
|
|||||
|
Interest Coverage
|
2.74
|
3.21
|
3.43
|
4.81
|
8.41
|
--
|
Operating Efficiency Ratios |
Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtors to sales (%)
|
20.60
|
20.28
|
24.67
|
9.83
|
15.21
|
--
|
|||||
|
Asset Turnover
|
2.03
|
2.17
|
2.16
|
3.37
|
3.70
|
--
|
|||||
|
Receivable days
|
66.01
|
61.84
|
63.54
|
47.50
|
53.78
|
--
|
|||||
|
Inventory Days
|
0.10
|
0.09
|
0.11
|
--
|
--
|
--
|
|||||
|
Payable days
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Cash Conversion Cycle
|
66.11
|
61.93
|
63.65
|
--
|
--
|
--
|