S. K. Offset Ltd
Incorporated in February 2007, S.K.
Offset Limited provides integrated
printing and packaging solutions.[1]
- Market Cap ₹ 85.2 Cr.
- Current Price ₹ 110
- High / Low ₹ 129 / 102
- Stock P/E 11.4
- Book Value ₹ 64.9
- Dividend Yield 0.00 %
- ROCE 26.9 %
- ROE 55.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Company has high debtors of 189 days.
- Working capital days have increased from 32.0 days to 61.0 days
* 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
Consumer Discretionary Media, Entertainment & Publication Printing & Publication Printing & Publication
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 15.38 | 21.53 | 48.20 | 66.67 | |
| Sales growth | +39.99% | +123.87% | +38.32% | |
| 13.36 | 20.37 | 42.39 | 52.32 | |
| Operating Profit | 2.02 | 1.16 | 5.81 | 14.35 |
| OPM % | 13.13% | 5.39% | 12.05% | 21.52% |
| -0.02 | 1.78 | 0.45 | 0.32 | |
| Interest | 0.43 | 0.93 | 2.29 | 2.76 |
| Depreciation | 0.67 | 1.01 | 1.80 | 2.05 |
| Profit before tax | 0.90 | 1.00 | 2.17 | 9.86 |
| Tax % | 4.44% | 28.00% | 28.57% | 24.24% |
| 0.86 | 0.72 | 1.54 | 7.48 | |
| EPS in Rs | 2.15 | 1.80 | 3.08 | 13.81 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 386% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| Last Year: | 55% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 1.25 | 5.42 | 7.74 |
| Reserves | 2.86 | 3.58 | 5.95 | 14.36 | 42.54 |
| 11.12 | 14.70 | 32.35 | 34.58 | 37.60 | |
| 5.75 | 9.56 | 16.22 | 27.40 | 37.33 | |
| Total Liabilities | 20.73 | 28.84 | 55.77 | 81.76 | 125.21 |
| 3.94 | 5.28 | 9.48 | 15.75 | 14.38 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 16.79 | 23.56 | 46.29 | 66.01 | 110.79 | |
| Total Assets | 20.73 | 28.84 | 55.77 | 81.76 | 125.21 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -2.68 | 4.40 | -10.80 | 3.66 | |
| -2.75 | -6.73 | -6.26 | -8.07 | |
| 5.22 | 2.65 | 16.75 | 4.74 | |
| Net Cash Flow | -0.21 | 0.32 | -0.31 | 0.33 |
| Free Cash Flow | -5.33 | 2.10 | -16.92 | -4.20 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -131% | 400% | -176% | 27% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 343.88 | 139.02 | 240.88 | 188.71 |
| Inventory Days | 21.29 | 229.42 | 61.86 | 214.48 |
| Days Payable | 173.83 | 252.07 | 150.28 | 189.94 |
| Cash Conversion Cycle | 191.34 | 116.36 | 152.47 | 213.26 |
| Working Capital Days | 97.30 | -19.50 | 54.52 | 60.99 |
| ROCE % | 10.62% | 15.16% | 26.88% |
Documents
Announcements
-
Statement Of Deviation Or Variation For The Half Year Ended 30Th September, 2026.
- Board approved H1 FY27 results; profit ₹307.97 lakh, appointed secretarial and internal auditors.
-
Disclosure under Regulation 30A of LODR
- Board approved H1 FY27 unaudited results, auditor appointments, and confirmed no IPO proceeds utilized as of 30 Sep 2026.
- Unaudited Financial Results For The Half Year Ended 30Th September, 2026
-
Board Meeting Outcome for Board Meeting Outcome For Approval Of Unaudited Financial Results For The Half Year Ended 30Th September, 2026
- Board approved H1 FY27 results; PAT Rs307.97 lakh; appointed secretarial and internal auditors; no IPO fund deviation.
-
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Half Year Ended 30Th September, 2026
- Board meets on 12 Nov 2026 to approve half-year unaudited results and limited review report.
Business Overview:[1]
S. K. Offset Limited is a Meerut-based
printing and packaging solutions company.
The company operates through four facilities with an aggregate covered area of around
38,313 sq. ft. Its business has evolved from conventional offset printing into a broader integrated offering covering printing,
packaging, and labelling.
The company provides offset printing of
books, pamphlets, brochures, catalogues, textbooks, magazines and journals, while
its packaging portfolio includes the mono cartons, rigid boxes, corrugated cartons
and other customised packaging formats.
It also manufactures labels, stickers, bar
codes, posters and in-mold labels.[1]