Sky Industries Ltd

Sky Industries Ltd

₹ 154 -1.75%
22 Nov - 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 122 Cr.
  • Current Price 154
  • High / Low 196 / 68.2
  • Stock P/E 21.7
  • Book Value 54.3
  • Dividend Yield 0.65 %
  • ROCE 13.3 %
  • ROE 10.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 2.84 times its book value

* 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Jun 2017 Sep 2017 Dec 2017 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
12.66 12.05 13.50 14.86 22.74 17.61 17.54 19.58 21.54 19.93 20.60 21.93 22.64
11.85 11.28 11.37 13.88 21.27 17.21 16.15 18.20 19.55 17.90 18.73 19.80 20.36
Operating Profit 0.81 0.77 2.13 0.98 1.47 0.40 1.39 1.38 1.99 2.03 1.87 2.13 2.28
OPM % 6.40% 6.39% 15.78% 6.59% 6.46% 2.27% 7.92% 7.05% 9.24% 10.19% 9.08% 9.71% 10.07%
0.07 0.01 -0.69 0.04 0.22 0.12 0.20 0.31 0.29 0.35 0.33 0.64 0.68
Interest 0.09 0.25 0.31 0.19 0.28 0.50 0.48 0.28 0.35 0.35 0.30 0.26 0.22
Depreciation 0.23 0.23 0.25 0.25 0.42 0.43 0.43 0.44 0.43 0.43 0.44 0.45 0.45
Profit before tax 0.56 0.30 0.88 0.58 0.99 -0.41 0.68 0.97 1.50 1.60 1.46 2.06 2.29
Tax % 23.21% 26.67% 35.23% 25.86% 25.25% -24.39% 20.59% 22.68% 23.33% 23.12% 32.19% 22.82% 20.96%
0.43 0.22 0.57 0.43 0.74 -0.32 0.55 0.76 1.14 1.22 1.00 1.59 1.81
EPS in Rs 1.03 0.50 1.30 0.98 0.94 -0.41 0.70 0.96 1.44 1.55 1.27 2.02 2.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 TTM
63.08 66.87 84.07 88.86 71.64 67.09 64.27 51.78 48.47 52.96 74.92 81.66 85.10
57.54 64.19 81.83 90.13 68.53 60.78 59.42 48.30 42.64 47.41 69.60 74.59 76.79
Operating Profit 5.54 2.68 2.24 -1.27 3.11 6.31 4.85 3.48 5.83 5.55 5.32 7.07 8.31
OPM % 8.78% 4.01% 2.66% -1.43% 4.34% 9.41% 7.55% 6.72% 12.03% 10.48% 7.10% 8.66% 9.76%
0.83 7.69 2.89 1.53 2.46 1.45 0.36 1.17 -0.85 -0.54 0.31 1.51 2.00
Interest 3.61 2.51 2.94 3.28 2.96 3.37 3.35 2.22 1.62 1.29 1.60 1.29 1.13
Depreciation 2.28 2.36 2.62 2.59 2.06 1.96 1.68 0.91 0.89 0.98 1.70 1.75 1.77
Profit before tax 0.48 5.50 -0.43 -5.61 0.55 2.43 0.18 1.52 2.47 2.74 2.33 5.54 7.41
Tax % 25.00% 27.82% 83.72% -9.63% 16.36% 21.81% 61.11% 17.76% 10.93% 24.45% 24.46% 25.45%
0.36 3.97 -0.79 -5.08 0.46 1.90 0.06 1.26 2.20 2.08 1.77 4.14 5.62
EPS in Rs 0.86 9.68 -2.19 -12.88 1.16 4.78 0.15 3.17 5.27 4.74 2.25 5.25 7.13
Dividend Payout % 29.26% 5.17% -22.87% 0.00% 86.52% 20.95% 0.00% 0.00% 0.00% 10.55% 44.41% 19.06%
Compounded Sales Growth
10 Years: 2%
5 Years: %
3 Years: %
TTM: 12%
Compounded Profit Growth
10 Years: 9%
5 Years: %
3 Years: %
TTM: 164%
Stock Price CAGR
10 Years: 27%
5 Years: 40%
3 Years: 23%
1 Year: 107%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.98 3.98 3.98 3.98 3.98 3.98 3.98 3.98 4.18 4.39 7.86 7.89 7.89
Reserves 12.58 16.09 15.08 9.97 10.00 11.29 10.76 11.05 12.02 14.19 28.48 31.86 34.92
17.05 14.68 24.46 22.62 23.02 18.07 13.01 10.11 9.66 8.21 13.80 12.81 8.54
17.38 15.17 22.47 24.54 24.37 23.84 21.52 11.55 8.84 13.91 9.17 9.57 15.95
Total Liabilities 50.99 49.92 65.99 61.11 61.37 57.18 49.27 36.69 34.70 40.70 59.31 62.13 67.30
21.06 20.02 25.69 24.21 23.02 20.64 12.82 9.61 9.79 14.97 11.44 11.05 18.34
CWIP 0.06 1.24 0.16 0.43 0.43 0.14 0.04 0.04 0.65 0.02 0.23 0.41 0.17
Investments 0.05 0.06 0.06 0.06 0.06 0.06 0.06 0.05 0.05 0.15 6.86 8.25 5.22
29.82 28.60 40.08 36.41 37.86 36.34 36.35 26.99 24.21 25.56 40.78 42.42 43.57
Total Assets 50.99 49.92 65.99 61.11 61.37 57.18 49.27 36.69 34.70 40.70 59.31 62.13 67.30

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
7.75 8.94 0.61 6.33 3.81 7.96 4.91 2.97 5.98 1.82 8.26
-0.96 0.70 -7.51 -1.54 -0.66 0.59 5.28 -1.35 -5.69 -0.78 -5.78
-8.28 -9.41 6.63 -5.06 -2.56 -8.66 -8.41 -1.38 0.09 -0.89 -2.27
Net Cash Flow -1.49 0.23 -0.27 -0.27 0.59 -0.11 1.78 0.24 0.38 0.15 0.21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
Debtor Days 76.26 58.95 52.66 38.08 60.02 57.45 71.10 73.45 69.36 59.82 59.83 48.77
Inventory Days 142.52 125.87 165.96 133.57 133.80 147.03 101.50 83.16 104.72 122.79 151.22 135.51
Days Payable 125.54 67.81 92.29 72.11 91.67 99.21 84.65 65.23 65.75 90.89 43.84 41.32
Cash Conversion Cycle 93.24 117.01 126.33 99.53 102.15 105.28 87.96 91.38 108.32 91.72 167.20 142.95
Working Capital Days 82.69 87.61 90.74 41.16 47.54 44.67 54.01 71.76 107.46 89.18 150.35 125.33
ROCE % 12.52% 13.68% 7.01% -4.88% 7.77% 14.99% 12.77% 11.51% 20.47% 18.65% 13.30%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
56.56% 56.56% 56.06% 58.33% 58.33% 58.33% 58.33% 58.10% 58.10% 58.10% 58.10% 58.10%
43.44% 43.44% 43.94% 41.67% 41.66% 41.66% 41.66% 41.90% 41.90% 41.90% 41.90% 41.90%
No. of Shareholders 2,1922,2902,3822,4982,4432,5662,5852,8483,1183,3313,3264,104

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