Flywings Simulator Training Centre Ltd
Incorporated in 2011, Flywings Simulator Training Centre Limited is engaged in Aviation Training located in Gurgaon.[1]
- Market Cap ₹ 172 Cr.
- Current Price ₹ 169
- High / Low ₹ 248 / 145
- Stock P/E 15.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 35.9 %
- ROE 33.1 %
- Face Value ₹ 10.0
Pros
Cons
- Company has high debtors of 152 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 Consumer Services Other Consumer Services Education
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | 10 | 23 | 20 | |
| 2 | 5 | 7 | 6 | |
| Operating Profit | -0 | 6 | 16 | 14 |
| OPM % | -14% | 56% | 70% | 71% |
| 0 | 0 | 0 | 3 | |
| Interest | 1 | 0 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | -2 | 5 | 15 | 15 |
| Tax % | 67% | 12% | 33% | 29% |
| -3 | 4 | 10 | 11 | |
| EPS in Rs | -3,000.00 | 4,130.00 | 1,503.75 | 14.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 141% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
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| Last Year: | 33% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.07 | 8 | 8 |
| Reserves | -3 | 1 | 28 | 31 | 34 |
| 13 | 8 | 10 | 18 | 14 | |
| 5 | 8 | 6 | 10 | 5 | |
| Total Liabilities | 15 | 16 | 44 | 66 | 61 |
| 5 | 5 | 15 | 15 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 5 |
| Investments | 0 | 0 | 0 | 16 | 26 |
| 10 | 11 | 29 | 35 | 28 | |
| Total Assets | 15 | 16 | 44 | 66 | 61 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 11 | 3 | 9 | |
| 1 | -1 | -12 | -19 | |
| -1 | -5 | 16 | 4 | |
| Net Cash Flow | -0 | 5 | 6 | -6 |
| Free Cash Flow | 0 | 11 | -2 | 9 |
| CFO/OP | -375% | 206% | 29% | 82% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 51 | 86 | 72 | 152 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 51 | 86 | 72 | 152 |
| Working Capital Days | 720 | -102 | 104 | 34 |
| ROCE % | 55% | 66% | 36% |
Documents
Announcements
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Copy of Newspaper Publication
6 May 2026 - Submitted newspaper ads for EGM notice to be held May 28, 2025.
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Copy of Newspaper Publication
5 May 2026 - Company published PAS-01 ads for proposed variation in IPO proceeds use on May 5, 2026.
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Shareholders meeting
4 May 2026 - EGM on 28 May 2026 to approve IPO fund variation, leasing simulators in Panvel, and new main objects.
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Outcome of Board Meeting
1 May 2026 - Board approved IPO fund variation, new aviation objects, and EGM for shareholder approval.
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General Updates
30 April 2026 - FWSTC says it is not a Large Corporate for FY2026; long-term borrowings are below ₹1,000 crore.
Annual reports
No data available.
Business Profile[1]
Flywings is an aviation training infrastructure provider focused on Safety & Emergency Procedures (SEP) training for cabin crew and cockpit crew. Headquartered in Gurgaon, it operates on a B2B-heavy model serving India’s top scheduled airlines, regional carriers, and select non-scheduled operators. The company has delivered 20,000+ training modules over the last three years and has expanded into drone pilot training and pilot flying training through its subsidiary and associate.