Skyline Millars Ltd

Skyline Millars Ltd

₹ 21.9 -4.12%
28 Aug - close price
About

Incorporated in 1919, Skyline Millars Ltd is
in the business of real estate development[1]

Key Points

Product Profile:
a) Precast Pipes & Manhole Systems:[1]
Company manufactures RCC Humes Pipes,
Lined Pipes, Jacking Pipes, Manhole Systems, and Other Precast Products, are used
in Water Mains, Sewers, Culverts, Irrigation, and Conveyance of Treated Effluent.
b) Realty:[2]
Company has undertaken residential projects
viz. Skyline Oasis which is a 12 building of 12 stories in Mumbai, and Skyline Riverside residential project in Karjat

  • Market Cap 88.0 Cr.
  • Current Price 21.9
  • High / Low 31.6 / 8.00
  • Stock P/E
  • Book Value 6.16
  • Dividend Yield 0.00 %
  • ROCE -3.76 %
  • ROE -3.76 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 3.55 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -2.18% 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: Realty Industry: Construction

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
0.00 0.00 0.00 0.00 0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.28 0.35 0.28 0.33 0.42 0.67 0.47 0.61 0.49 0.32 0.28 0.31 0.29
Operating Profit -0.28 -0.35 -0.28 -0.33 -0.27 -0.67 -0.47 -0.61 -0.49 -0.32 -0.28 -0.31 -0.29
OPM % -180.00%
0.08 1.76 0.09 0.08 0.08 0.08 0.09 -0.06 0.09 0.11 0.09 0.13 0.11
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.20 1.41 -0.19 -0.25 -0.19 -0.59 -0.38 -0.67 -0.40 -0.21 -0.19 -0.18 -0.18
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.21 1.40 -0.20 -0.25 -0.19 -0.59 -0.38 -0.68 -0.40 -0.21 -0.19 -0.19 -0.18
EPS in Rs -0.05 0.35 -0.05 -0.06 -0.05 -0.15 -0.09 -0.17 -0.10 -0.05 -0.05 -0.05 -0.04
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
25.10 14.29 5.57 8.05 2.06 3.03 4.42 3.78 4.24 0.00 0.15 0.00 0.00
22.49 14.71 8.73 9.91 11.73 4.80 4.61 3.17 1.82 1.23 2.18 1.40 1.20
Operating Profit 2.61 -0.42 -3.16 -1.86 -9.67 -1.77 -0.19 0.61 2.42 -1.23 -2.03 -1.40 -1.20
OPM % 10.40% -2.94% -56.73% -23.11% -469.42% -58.42% -4.30% 16.14% 57.08% -1,353.33%
2.47 1.26 0.69 0.31 2.17 -1.35 0.38 0.36 0.32 1.99 0.20 0.42 0.44
Interest 0.00 0.25 0.84 0.80 0.24 0.10 0.25 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.19 0.37 1.03 0.99 0.21 0.19 0.16 0.03 0.03 0.02 0.01 0.01 0.00
Profit before tax 4.89 0.22 -4.34 -3.34 -7.95 -3.41 -0.22 0.94 2.71 0.74 -1.84 -0.99 -0.76
Tax % 31.08% 240.91% 9.68% 4.19% -25.79% 0.00% 0.00% 0.00% 11.81% 0.00% 0.00% 0.00%
3.37 -0.31 -4.77 -3.48 -5.90 -3.41 -0.21 0.95 2.39 0.75 -1.84 -0.99 -0.77
EPS in Rs 0.84 -0.08 -1.19 -0.87 -1.47 -0.85 -0.05 0.24 0.59 0.19 -0.46 -0.25 -0.19
Dividend Payout % 23.86% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: -18%
5 Years: %
3 Years: %
TTM: 58%
Stock Price CAGR
10 Years: 20%
5 Years: 50%
3 Years: 23%
1 Year: 104%
Return on Equity
10 Years: -6%
5 Years: 2%
3 Years: -2%
Last Year: -4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.02 4.02 4.02 4.02 4.02 4.02 4.02 4.02 4.02 4.02 4.02 4.02
Reserves 37.13 37.08 32.29 28.81 23.13 19.73 19.51 20.45 22.84 23.59 21.74 20.75
4.19 4.48 5.33 5.28 2.12 2.17 0.00 0.00 0.00 0.00 0.00 0.00
13.30 5.53 8.19 7.64 4.30 2.54 2.20 2.22 0.71 0.82 1.31 2.46
Total Liabilities 58.64 51.11 49.83 45.75 33.57 28.46 25.73 26.69 27.57 28.43 27.07 27.23
5.25 18.42 17.56 16.65 1.71 1.52 1.35 1.59 0.28 0.26 0.25 0.27
CWIP 10.52 0.00 0.09 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.28 0.03 0.03 0.03 0.04 0.05 0.04 0.01 0.01 0.01 0.00 0.00
42.59 32.66 32.15 28.95 31.82 26.89 24.34 25.09 27.28 28.16 26.82 26.96
Total Assets 58.64 51.11 49.83 45.75 33.57 28.46 25.73 26.69 27.57 28.43 27.07 27.23

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.42 1.83 -2.12 0.41 -0.64 -3.18 2.65 3.04 3.49 0.51 -1.67 -1.26
-10.78 -5.88 0.09 -0.04 3.10 2.97 0.02 0.33 0.30 0.37 0.84 1.69
3.27 -0.38 0.01 -0.78 -3.81 -0.06 -2.42 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -7.09 -4.43 -2.02 -0.42 -1.35 -0.27 0.25 3.37 3.79 0.88 -0.82 0.43

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 39.41 73.56 196.59 109.27 161.24 83.12 28.90 12.55 24.10 24.33
Inventory Days 787.43 1,205.61 521.27 152.44 8,601.83 17,763.33 11,724.51 5,825.96 28,675.31
Days Payable 199.09 357.63 156.27 76.22 18.25 36.50 0.00 0.00 0.00
Cash Conversion Cycle 627.75 921.54 561.59 185.49 8,744.82 17,809.95 28.90 11,737.07 5,850.07 28,699.65
Working Capital Days 20.79 191.31 338.13 113.81 3,403.71 2,250.23 1,409.63 1,540.15 1,432.45 37,449.00
ROCE % 9.09% 0.59% -8.30% -6.37% -27.63% -6.85% 0.12% 3.88% 11.96% 3.01% -6.03% -3.76%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
71.67% 71.67% 71.67% 71.67% 71.67% 71.67% 71.67% 71.67% 71.67% 71.67% 71.67% 71.67%
28.33% 28.33% 28.33% 28.33% 28.34% 28.33% 28.33% 28.33% 28.33% 28.33% 28.33% 28.33%
No. of Shareholders 4,8155,2636,0325,9645,9266,0115,8405,6775,6656,3867,1107,033

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