Skyways Air Services Key Ratios
NSE: SKYWAYS | BSE: 544890
₹110.35
As on 12-Oct-2026IST
Market cap
₹1,603 Cr
Revenue (TTM)
₹2,813 Cr
P/E Ratio
39.1
P/B Ratio
2.1
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | 90.38 | 25.14 | 23.75 | -- |
| EBIT | -- | 96.87 | 51.21 | 26.92 | -- |
| Net Profit | -- | 190.15 | 31.96 | 18.78 | -- |
| EPS | -- | 190.19 | 1.08 | 1.62 | -- |
| Book Value | -- | -- | 29.95 | 33.54 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 3.48 | -- | 3.98 | 3.30 | 3.15 |
| Net Margin
| 2.33 | -- | 2.24 | 2.12 | 2.62 |
| Return on equity
| 23.53 | -- | 21.91 | 23.99 | 24.69 |
| Return on Capital
| 15.77 | -- | 15.65 | 14.82 | 16.83 |
| Return on Assets
| 4.89 | -- | 4.50 | 4.57 | 5.60 |
| Debt to Equity (x)
| -- | -- | 1.88 | 2.26 | 2.32 |
Profitability
ROCE
15.65
Higher than Peers by 17.33
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
15.65
|
14.82
|
16.83
|
23.80
|
27.50
|
|
Peer Median
|
-1.67
|
-12.29
|
--
|
--
|
--
|
ROE
21.91
Higher than Peers by 24.81
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
21.91
|
23.99
|
24.69
|
33.93
|
46.87
|
|
Peer Median
|
-2.89
|
-14.18
|
--
|
--
|
--
|
ROA
4.50
Higher than Peers by 6.70
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
4.50
|
4.57
|
5.60
|
8.35
|
9.95
|
|
Peer Median
|
-2.20
|
-10.38
|
--
|
--
|
--
|
EBIT Margin
3.98
Higher than Peers by 5.48
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
3.98
|
3.30
|
3.15
|
3.69
|
3.99
|
|
Peer Median
|
-1.50
|
-5.21
|
--
|
--
|
--
|
Net Margin
2.24
Higher than Peers by 5.14
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
2.24
|
2.12
|
2.62
|
2.53
|
2.77
|
|
Peer Median
|
-2.90
|
-13.38
|
--
|
--
|
--
|
Cash Profit Margin
2.80
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
2.80
|
2.71
|
3.26
|
2.84
|
2.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.14
Higher than Peers by 17.15
Year on year growth in net sales
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
25.14
|
74.37
|
-13.14
|
-10.52
|
--
|
|
Peer Median
|
7.99
|
13.16
|
--
|
--
|
--
|
EBIT Growth
51.21
Lower than Peers by 17.80
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
51.21
|
82.50
|
-25.91
|
-17.13
|
--
|
|
Peer Median
|
69.02
|
57.49
|
--
|
--
|
--
|
Net Profit Growth
31.96
Lower than Peers by 254.19
Year on year growth in profit after tax
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
31.96
|
39.56
|
-8.99
|
-17.68
|
--
|
|
Peer Median
|
286.15
|
85.05
|
--
|
--
|
--
|
EPS Growth
1.09
Lower than Peers by 331.80
Year on year growth in earnings per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
1.09
|
16.35
|
-10.77
|
-24.89
|
--
|
|
Peer Median
|
332.89
|
90.00
|
--
|
--
|
--
|
Book Value Growth
34.60
--
Year on year growth in book value per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
34.60
|
60.21
|
23.22
|
27.42
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.88
Higher than Peers by 1.86
Total debt / Net worth
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
1.88
|
2.26
|
2.32
|
1.40
|
1.66
|
|
Peer Median
|
0.01
|
0.02
|
--
|
--
|
--
|
Short term debt to equity ratio
1.36
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
1.36
|
1.61
|
1.73
|
1.21
|
1.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.20
Lower than Peers by 3.22
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
1.20
|
1.17
|
1.11
|
1.08
|
1.06
|
|
Peer Median
|
4.42
|
5.42
|
--
|
--
|
--
|
Quick Ratio
1.20
Lower than Peers by 3.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
1.20
|
1.17
|
1.10
|
1.08
|
1.06
|
|
Peer Median
|
4.22
|
4.41
|
--
|
--
|
--
|
Interest Coverage
2.74
Higher than Peers by 4.51
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
2.74
|
3.21
|
3.43
|
4.81
|
8.41
|
|
Peer Median
|
-1.76
|
-10.85
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
20.60
Higher than Peers by 5.00
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
20.60
|
20.28
|
24.67
|
9.83
|
15.21
|
|
Peer Median
|
15.60
|
17.05
|
--
|
--
|
--
|
Asset Turnover
2.03
Higher than Peers by 1.26
Sales / Average Total Assets
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
2.03
|
2.17
|
2.16
|
3.37
|
3.70
|
|
Peer Median
|
0.77
|
0.74
|
--
|
--
|
--
|
Receivable days
66.01
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
66.01
|
61.84
|
63.54
|
47.50
|
53.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
0.10
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
0.10
|
0.09
|
0.11
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
66.11
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
66.11
|
61.93
|
63.65
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
174.47
|
--
|
--
|
--
|
--
|
Price / Book Value
--
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.64
|
3.28
|
--
|
--
|
--
|
EV/EBITDA
3.56
Higher than Peers by 58.40
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
3.56
|
4.30
|
2.12
|
0.58
|
0.78
|
|
Peer Median
|
-54.84
|
-22.05
|
--
|
--
|
--
|
Market Cap
--
--
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Skyways Air Services
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
34,683
|
30,209
|
--
|
--
|
--
|