Skyways Air Services Peer Comparison

NSE: SKYWAYS | BSE: 544890

₹109.24

₹3.65 (3.46%)

As on 16-Oct-2026IST

Market cap

₹1,584 Cr

Revenue (TTM)

₹2,813 Cr

P/E Ratio

38.6

P/B Ratio

2.1

Div. Yield

0.2 %

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	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Market cap (₹ Cr)	1,584	4,360	1,013	91	30,431
Revenue (₹ Cr)	2,813	583	239	286	11,145
Net Profit (₹ Cr)	63.52	121.90	7.16	11.07	81.65
Net Margin (%)	2.24	20.74	2.95	3.82	0.71
RoE (%)	21.91	38.31	18.64	12.76	1.28
Price to Earnings	38.61	35.77	141.52	8.12	325.34
Price-To-Book	2.09	6.16	23.57	0.98	3.29

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Operating Revenue	2,812.90	583.11	223.99	285.53	10,508.31
Total Income	2,839.67	587.73	227.56	289.91	10,959.00
Total Expenditure	2,684.19	348.72	167.06	266.97	9,960.35
EBITDA	128.71	234.39	56.93	18.55	547.96
Depreciation	16.66	53.30	35.78	5.59	695.44
EBIT	112.05	181.10	21.15	12.96	-147.48
Interest	50.25	32.63	17.73	2.22	144.11
Other Income	26.77	4.62	3.58	4.38	450.69
Exceptional Items	-0.84	--	--	--	-25.86
Profit before Tax	87.68	153.09	6.99	15.12	140.42
Provision for Tax	24.16	31.18	1.22	4.05	-12.12
Profit after Tax	63.52	121.90	5.78	11.07	152.54

Liabilities (₹ Cr)

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Shareholder's Funds	332.64	456.68	39.87	92.38	9,686.96
Minority Interest	162.09	--	--	--	--
Non-Current Liabilities	107.81	296.17	147.30	1.06	1,167.07
Current Liabilities	898.90	177.28	72.29	49.89	1,922.81
Total Liabilities	1,508.24	934.78	264.29	143.33	12,776.84

Assets (₹ Cr)

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Non-Current Assets	423.28	613.55	187.81	72.79	7,799.70
Current Assets	1,077.02	316.58	71.64	70.53	4,977.15
Total Assets	1,508.24	934.78	264.29	143.33	12,776.84
Total Debt*	624.06	62.26	95.42	20.06	2.54
Net Current Assets	178.12	139.30	-0.65	20.64	3,054.33
Contingent Liabilities	36.94	6.92	--	1.81	38.95

Cashflow (₹ Cr)

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Cash From Operating Activities	113.62	35.99	32.02	-12.37	911.46
Cash Flow from Investing Activities	-179.11	-206.71	-23.58	4.98	-478.72
Cash from Financing Activities	52.08	232.69	-8.04	3.78	-531.68
Net Cash Inflow / Outflow	-13.41	61.97	0.40	-3.60	-98.94

Ratios

Profitability Ratios

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
ROCE (%)	15.65	49.50	18.28	16.70	2.97
ROE (%)	21.91	38.31	14.54	12.76	1.68
ROA (%)	4.50	17.02	2.23	7.74	1.23
EBIT Margin (%)	5.53	40.99	27.01	8.03	9.50
Net Margin (%)	2.24	20.74	2.54	3.82	1.39
Cash Profit Margin (%)	2.80	30.05	18.55	5.84	7.67

Growth Ratios

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Revenue Growth (%)	25.14	144.27	0.00	-22.37	17.65
EBIT Growth (%)	40.11	211.07	--	-11.14	22.39
Net Profit Growth (%)	31.96	230.05	0.00	-22.91	-5.90
EPS Growth (%)	1.09	214.72	0.00	-23.55	-6.20
Book Value Growth (%)	34.60	110.65	0.00	13.91	2.96

Valuation Ratios

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Price / Earnings	0.00	13.95	95.49	6.84	204.27
Price / Book Value	0.00	3.94	13.88	0.83	3.38
Dividend Yield (%)	--	0.00	0.00	2.62	0.00
EV/EBITDA	3.56	7.11	10.65	3.49	30.99
Market Cap (₹ Cr)	0.00	1,700.17	551.59	76.26	31,187.60

Solvency Ratios

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Debt to Equity	1.88	0.14	2.40	0.22	0.00
Short term debt to equity ratio	1.36	0.13	0.50	0.21	--
Current Ratio	1.20	1.79	0.99	1.41	2.59
Quick Ratio	1.20	1.68	0.93	1.41	2.58
Interest Coverage	2.74	5.69	1.39	7.80	1.97

Operating Efficiency Ratios

	Skyways Air Services	Afcom Holdings	Shree Logistics	Zeal Global	Delhivery
Debtors to sales (%)	20.60	23.28	17.28	10.10	13.05
Asset Turnover	2.03	0.81	0.86	2.00	0.89
Receivable days	66.01	60.96	63.08	34.55	45.94
Inventory Days	0.10	10.66	7.12	0.00	0.66
Payable days	0.00	--	127.29	--	--
Cash Conversion Cycle	66.11	--	-57.10	--	--