Skyways Air Services Ltd
Incorporated in 1984, Skyways Air Services Limited (SASL) is a leading air freight forwarding and logistics company in India.[1]
- Market Cap ₹ 1,603 Cr.
- Current Price ₹ 110
- High / Low ₹ 137 / 107
- Stock P/E 38.9
- Book Value ₹
- Dividend Yield 0.59 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Earnings include an other income of Rs.28.0 Cr.
* 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
Services Services Transport Services Logistics Solution Provider
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| 1,365 | 1,128 | 932 | 1,415 | |
| 1,307 | 1,087 | 903 | 1,358 | |
| Operating Profit | 58 | 41 | 30 | 58 |
| OPM % | 4.3% | 3.7% | 3.2% | 4.1% |
| 7 | 11 | 24 | 28 | |
| Interest | 7 | 9 | 14 | 34 |
| Depreciation | 3 | 5 | 8 | 8 |
| Profit before tax | 55 | 38 | 31 | 43 |
| Tax % | 26% | 27% | 26% | 22% |
| 41 | 28 | 23 | 34 | |
| EPS in Rs | 1,861.97 | 266.10 | 22.34 | 2.89 |
| Dividend Payout % | 0% | 42% | 6% | 0% |
| Compounded Sales Growth | |
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| 3 Years: | 8% |
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| 5 Years: | % |
| 3 Years: | 7% |
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Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 2 | 10 | 10 | |
| Reserves | 91 | 102 | 124 | |
| 121 | 124 | 266 | ||
| 168 | 118 | 192 | ||
| Total Liabilities | 381 | 355 | 592 | |
| 13 | 22 | 28 | ||
| CWIP | 0 | 5 | 17 | |
| Investments | 33 | 38 | 94 | |
| 336 | 289 | 453 | ||
| Total Assets | 381 | 355 | 592 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| 44 | 44 | -15 | ||
| -79 | -55 | -91 | ||
| -0 | -16 | 126 | ||
| Net Cash Flow | -35 | -27 | 21 | |
| Free Cash Flow | 40 | 25 | -38 | |
| CFO/OP | 100% | 138% | -45% |
Ratios
Standalone / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 53 | 41 | 90 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 53 | 41 | 90 | |
| Working Capital Days | -13 | -5 | -13 | |
| ROCE % | 21% | 14% |
Insights
In beta| Mar 2020 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Top 10 customer concentration % |
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| Cargo Volume metric tonnes |
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| Pharmaceutical logistics as % of revenue % |
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| Retail (direct customer) as % of revenue % |
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| Air freight as % of revenue % |
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| Number of countries with direct presence count |
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| Number of domestic branches count |
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| Wholesale sub-agency as % of revenue % |
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Extracted by Screener AI
Documents
Announcements
-
Disclosure Under Regulation 7(2)(B) Of The SEBI (Prohibition Of
Insider Trading) Regulations, 2015
- Promoter Yashpal Sharma bought 18,000 shares on 30 September 2026, raising holding to 32.36%.
-
Disclosure Under Regulation 7(2)(B) Of The SEBI (Prohibition Of
Insider Trading) Regulations, 2015
- Promoter Tarun Sharma bought 17,000 shares on 30 September 2026, raising holding to 24.48%.
-
Announcement under Regulation 30 (LODR)-Change in Management
- AGM approved Yashpal Sharma as CMD from 1 Jan 2027; MSTR & Associates appointed secretarial auditor for 5 years.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 42nd AGM voting results घोषित; 9 resolutions passed, including FY26 final dividend approval.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
Concalls
-
Sep 2026Transcript PPT REC
Business Overview:[1][2]
Skyways Air Services Ltd (SASL)
is an integrated logistics and freight-
forwarding company with a focus on
air cargo. The company has evolved
from a Custom House Agent into a
multi-modal logistics provider offering
air freight, ocean freight, road transportation, warehousing, customs broking, express cargo, and technology-enabled logistics solutions.