Sky Industries Ltd

Sky Industries Ltd

₹ 85.9 -2.06%
19 Apr - close price
About

Incorporated in 1989, Sky Industries Ltd manufactures Narrow Woven Fabrics[1]

Key Points

Business Overview:[1]
Company manufactures and markets Hook and Loop Tape Fasteners & other value added products. It sells its products under various brands, viz. Sky-Magic, Sky-Walker, Sky-Magna, Sky-Wonder etc. Company also deals in Fiber Glass Insect Screens

  • Market Cap 67.8 Cr.
  • Current Price 85.9
  • High / Low 102 / 55.5
  • Stock P/E 18.2
  • Book Value 47.6
  • Dividend Yield 1.16 %
  • ROCE 7.65 %
  • ROE 4.62 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 42.6%

Cons

  • The company has delivered a poor sales growth of 7.18% over past five years.
  • Company has a low return on equity of 8.58% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
17.34 18.26 14.93 19.35 19.44 16.63 17.03 22.74 17.61 17.54 19.58 21.54 19.93
15.05 16.39 12.92 16.96 17.36 14.13 15.21 21.37 17.33 16.15 18.31 19.65 17.97
Operating Profit 2.29 1.87 2.01 2.39 2.08 2.50 1.82 1.37 0.28 1.39 1.27 1.89 1.96
OPM % 13.21% 10.24% 13.46% 12.35% 10.70% 15.03% 10.69% 6.02% 1.59% 7.92% 6.49% 8.77% 9.83%
-0.76 0.09 0.30 0.23 0.07 0.15 0.01 0.21 0.12 0.20 0.31 0.29 0.35
Interest 0.26 0.33 0.29 0.35 0.33 0.30 0.33 0.28 0.50 0.48 0.28 0.35 0.35
Depreciation 0.52 0.51 0.51 0.56 0.55 0.26 0.42 0.31 0.31 0.43 0.32 0.32 0.33
Profit before tax 0.75 1.12 1.51 1.71 1.27 2.09 1.08 0.99 -0.41 0.68 0.98 1.51 1.63
Tax % 54.67% 31.25% 27.15% 26.90% 27.56% 22.97% 25.93% 25.25% 24.39% 20.59% 22.45% 23.18% 23.31%
0.34 0.77 1.10 1.25 0.91 1.61 0.80 0.74 -0.32 0.55 0.76 1.17 1.24
EPS in Rs 0.67 1.39 1.90 1.84 1.34 2.35 1.02 0.94 -0.41 0.70 0.96 1.48 1.57
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
81.62 61.17 54.93 55.27 51.78 48.47 52.96 58.32 59.34 53.40 70.25 74.92 78.59
83.67 60.09 50.84 52.60 48.29 42.63 47.69 53.06 54.81 48.26 61.38 69.60 72.08
Operating Profit -2.05 1.08 4.09 2.67 3.49 5.84 5.27 5.26 4.53 5.14 8.87 5.32 6.51
OPM % -2.51% 1.77% 7.45% 4.83% 6.74% 12.05% 9.95% 9.02% 7.63% 9.63% 12.63% 7.10% 8.28%
1.73 2.64 1.30 0.78 1.17 -0.86 -0.53 -0.33 -0.95 -0.53 0.85 0.31 1.15
Interest 3.18 2.89 3.29 3.26 2.22 1.62 1.29 1.07 1.16 1.15 1.26 1.60 1.46
Depreciation 1.94 1.45 1.37 1.33 0.91 0.89 0.98 1.30 2.10 2.06 1.89 1.70 1.40
Profit before tax -5.44 -0.62 0.73 -1.14 1.53 2.47 2.47 2.56 0.32 1.40 6.57 2.33 4.80
Tax % 13.24% 45.16% 5.48% 13.16% 17.65% 10.93% 27.13% 25.39% 9.38% 42.86% 25.88% 24.46%
-4.72 -0.35 0.69 -0.99 1.26 2.20 1.81 1.91 0.29 0.80 4.87 1.77 3.72
EPS in Rs -11.87 -0.88 1.74 -2.49 3.17 5.27 4.13 4.15 0.60 1.44 7.11 2.25 4.71
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.13% 24.14% 83.45% 69.38% 14.07% 44.41%
Compounded Sales Growth
10 Years: 2%
5 Years: 7%
3 Years: 8%
TTM: 6%
Compounded Profit Growth
10 Years: 14%
5 Years: -10%
3 Years: 27%
TTM: 31%
Stock Price CAGR
10 Years: 15%
5 Years: 20%
3 Years: 14%
1 Year: 35%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 9%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3.98 3.98 3.98 3.98 3.98 4.18 4.39 4.61 4.84 5.55 6.85 7.86 7.89
Reserves 10.70 10.36 11.05 10.06 11.32 12.28 14.07 15.99 16.44 18.45 26.03 28.48 29.65
22.17 22.52 17.73 13.01 10.11 9.66 8.21 9.07 10.70 13.50 13.94 13.80 16.12
21.10 20.34 19.66 17.97 11.52 8.82 14.03 12.73 17.12 12.21 10.04 9.17 9.50
Total Liabilities 57.95 57.20 52.42 45.02 36.93 34.94 40.70 42.40 49.10 49.71 56.86 59.31 63.16
17.35 16.66 14.65 10.46 9.61 9.79 14.97 14.80 16.01 12.14 10.96 11.51 11.31
CWIP 0.43 0.19 0.15 0.04 0.04 0.65 0.02 0.46 0.46 0.25 0.17 0.17 0.17
Investments 2.17 2.17 2.17 2.17 0.34 0.34 0.15 0.35 0.49 5.49 6.40 6.86 7.48
38.00 38.18 35.45 32.35 26.94 24.16 25.56 26.79 32.14 31.83 39.33 40.77 44.20
Total Assets 57.95 57.20 52.42 45.02 36.93 34.94 40.70 42.40 49.10 49.71 56.86 59.31 63.16

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5.48 3.22 6.82 4.05 0.94 2.97 8.43 0.86 2.63 -0.27 -1.90 1.82
-0.68 0.06 0.93 5.48 2.43 -1.35 -5.64 -1.87 -2.06 -1.84 -2.67 -0.78
-4.80 -1.50 -8.08 -7.96 -5.06 -1.38 -2.37 0.20 -0.33 3.09 3.41 -0.89
Net Cash Flow 0.00 1.78 -0.33 1.58 -1.68 0.24 0.42 -0.80 0.24 0.98 -1.16 0.15

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 41.14 64.62 63.72 76.61 73.52 69.36 59.82 61.71 69.20 86.60 62.76 59.83
Inventory Days 126.59 129.78 146.06 95.14 83.16 104.72 122.79 120.43 133.40 118.38 154.33 151.22
Days Payable 71.39 97.06 110.81 90.85 64.94 65.44 90.89 70.26 98.46 66.42 59.06 43.84
Cash Conversion Cycle 96.33 97.35 98.98 80.89 91.74 108.64 91.72 111.88 104.14 138.56 158.03 167.20
Working Capital Days 59.70 71.37 66.85 52.11 71.97 107.31 89.18 101.45 102.54 132.94 150.05 150.35
ROCE % -5.63% 4.78% 11.98% 7.82% 12.20% 20.26% 18.60% 14.70% 8.27% 9.12% 17.72% 7.65%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023Mar 2024
51.63% 53.72% 56.56% 56.56% 56.06% 58.33% 58.33% 58.33% 58.33% 58.10% 58.10% 58.10%
48.37% 46.28% 43.44% 43.44% 43.94% 41.67% 41.66% 41.66% 41.66% 41.90% 41.90% 41.90%
No. of Shareholders 2,1292,2122,1922,2902,3822,4982,4432,5662,5852,8483,1183,331

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