Sky Industries Ltd

Sky Industries Ltd

₹ 108 -1.66%
25 Jul - 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 85.3 Cr.
  • Current Price 108
  • High / Low 136 / 55.5
  • Stock P/E 18.3
  • Book Value 51.1
  • Dividend Yield 0.92 %
  • ROCE 14.3 %
  • ROE 12.2 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 25.1%

Cons

  • Company has a low return on equity of 10.9% 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
18.26 14.93 19.35 19.44 16.63 17.03 22.74 17.61 17.54 19.58 21.54 19.93 21.41
16.39 12.92 16.96 17.36 14.13 15.21 21.37 17.33 16.15 18.31 19.65 17.97 19.15
Operating Profit 1.87 2.01 2.39 2.08 2.50 1.82 1.37 0.28 1.39 1.27 1.89 1.96 2.26
OPM % 10.24% 13.46% 12.35% 10.70% 15.03% 10.69% 6.02% 1.59% 7.92% 6.49% 8.77% 9.83% 10.56%
0.09 0.30 0.23 0.07 0.15 0.01 0.21 0.12 0.20 0.31 0.29 0.35 0.34
Interest 0.33 0.29 0.35 0.33 0.30 0.33 0.28 0.50 0.48 0.28 0.35 0.35 0.30
Depreciation 0.51 0.51 0.56 0.55 0.26 0.42 0.31 0.31 0.43 0.32 0.32 0.33 0.32
Profit before tax 1.12 1.51 1.71 1.27 2.09 1.08 0.99 -0.41 0.68 0.98 1.51 1.63 1.98
Tax % 31.25% 27.15% 26.90% 27.56% 22.97% 25.93% 25.25% -24.39% 20.59% 22.45% 23.18% 23.31% 24.24%
0.77 1.10 1.25 0.91 1.61 0.80 0.74 -0.32 0.55 0.76 1.17 1.24 1.50
EPS in Rs 1.39 1.90 1.84 1.34 2.35 1.02 0.94 -0.41 0.70 0.96 1.48 1.57 1.90
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
61.17 54.93 55.27 51.78 48.47 52.96 58.32 59.34 53.40 70.25 74.92 82.46
60.09 50.84 52.60 48.29 42.63 47.69 53.06 54.81 48.26 61.38 69.60 74.85
Operating Profit 1.08 4.09 2.67 3.49 5.84 5.27 5.26 4.53 5.14 8.87 5.32 7.61
OPM % 1.77% 7.45% 4.83% 6.74% 12.05% 9.95% 9.02% 7.63% 9.63% 12.63% 7.10% 9.23%
2.64 1.30 0.78 1.17 -0.86 -0.53 -0.33 -0.95 -0.53 0.85 0.31 1.52
Interest 2.89 3.29 3.26 2.22 1.62 1.29 1.07 1.16 1.15 1.26 1.60 1.29
Depreciation 1.45 1.37 1.33 0.91 0.89 0.98 1.30 2.10 2.06 1.89 1.70 1.74
Profit before tax -0.62 0.73 -1.14 1.53 2.47 2.47 2.56 0.32 1.40 6.57 2.33 6.10
Tax % -45.16% 5.48% -13.16% 17.65% 10.93% 27.13% 25.39% 9.38% 42.86% 25.88% 24.46% 23.44%
-0.35 0.69 -0.99 1.26 2.20 1.81 1.91 0.29 0.80 4.87 1.77 4.67
EPS in Rs -0.88 1.74 -2.49 3.17 5.27 4.13 4.15 0.60 1.44 7.11 2.25 5.92
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 12.13% 24.14% 83.45% 69.38% 14.07% 44.41% 16.90%
Compounded Sales Growth
10 Years: 4%
5 Years: 7%
3 Years: 16%
TTM: 10%
Compounded Profit Growth
10 Years: 19%
5 Years: 15%
3 Years: 60%
TTM: 164%
Stock Price CAGR
10 Years: 19%
5 Years: 30%
3 Years: 11%
1 Year: 35%
Return on Equity
10 Years: 9%
5 Years: 9%
3 Years: 11%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 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 10.36 11.05 10.06 11.32 12.28 14.07 15.99 16.44 18.45 26.03 28.48 32.42
22.52 17.73 13.01 10.11 9.66 8.21 9.07 10.70 13.50 13.94 13.80 12.81
20.34 19.66 17.97 11.52 8.82 14.03 12.73 17.12 12.21 10.04 9.17 9.57
Total Liabilities 57.20 52.42 45.02 36.93 34.94 40.70 42.40 49.10 49.71 56.86 59.31 62.69
16.66 14.65 10.46 9.61 9.79 14.97 14.80 16.01 12.14 10.96 11.44 10.98
CWIP 0.19 0.15 0.04 0.04 0.65 0.02 0.46 0.46 0.25 0.17 0.23 0.41
Investments 2.17 2.17 2.17 0.34 0.34 0.15 0.35 0.49 5.49 6.40 6.86 8.26
38.18 35.45 32.35 26.94 24.16 25.56 26.79 32.14 31.83 39.33 40.78 43.04
Total Assets 57.20 52.42 45.02 36.93 34.94 40.70 42.40 49.10 49.71 56.86 59.31 62.69

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.22 6.82 4.05 0.94 2.97 8.43 0.86 2.63 -0.27 -1.90 1.82 8.55
0.06 0.93 5.48 2.43 -1.35 -5.64 -1.87 -2.06 -1.84 -2.67 -0.78 -6.14
-1.50 -8.08 -7.96 -5.06 -1.38 -2.37 0.20 -0.33 3.09 3.41 -0.89 -2.25
Net Cash Flow 1.78 -0.33 1.58 -1.68 0.24 0.42 -0.80 0.24 0.98 -1.16 0.15 0.16

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 64.62 63.72 76.61 73.52 69.36 59.82 61.71 69.20 86.60 62.76 59.83 53.12
Inventory Days 129.78 146.06 95.14 83.16 104.72 122.79 120.43 133.40 118.38 154.33 151.22 130.64
Days Payable 97.06 110.81 90.85 64.94 65.44 90.89 70.26 98.46 66.42 59.06 43.84 41.01
Cash Conversion Cycle 97.35 98.98 80.89 91.74 108.64 91.72 111.88 104.14 138.56 158.03 167.20 142.75
Working Capital Days 71.37 66.85 52.11 71.97 107.31 89.18 101.45 102.54 132.94 150.05 150.35 125.31
ROCE % 4.78% 11.98% 7.82% 12.20% 20.26% 18.60% 14.70% 8.27% 9.12% 17.72% 8.11% 14.31%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024
53.72% 56.56% 56.56% 56.06% 58.33% 58.33% 58.33% 58.33% 58.10% 58.10% 58.10% 58.10%
46.28% 43.44% 43.44% 43.94% 41.67% 41.66% 41.66% 41.66% 41.90% 41.90% 41.90% 41.90%
No. of Shareholders 2,2122,1922,2902,3822,4982,4432,5662,5852,8483,1183,3313,326

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