---
title: "Skyways Air Services Ltd (1285924) — Share Price, Financials & Analysis"
symbol: "1285924"
company: "Skyways Air Services Ltd"
canonical: "https://tapetide.com/stocks/1285924"
nse_symbol: "SKYWAYS"
bse_code: "544890"
sector: "Services"
industry: "Transport Services"
generated_at: "2026-10-13T11:01:26.010Z"
---

# Skyways Air Services Ltd (1285924)

Canonical page: https://tapetide.com/stocks/1285924

## Company

- **NSE Symbol:** SKYWAYS
- **BSE Code:** 544890
- **Sector:** Services
- **Industry:** Transport Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** skyways-air.in

## About

Incorporated in 1984, Skyways Air Services Limited (SASL) is a leading air freight forwarding and logistics company in India.[1]

## Latest Price

- **Price:** ₹108.75
- **Change:** -1.6 (-1.45%)
- **Open:** ₹110.5
- **Day High:** ₹111.1
- **Day Low:** ₹107.55
- **Previous Close:** ₹110.35
- **Volume:** 791980
- **As Of:** 2026-10-13T10:26:25+00:00

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 3% | 0% |
| revenue growth | 25% | 24% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 639 | 788 | 1217 |
| Expenses | 612 | 753 | 1167 |
| Operating Profit | 27 | 35 | 50 |
| OPM % | 4.3 | 4.4 | 4.1 |
| Other Income | 4 | 7 | 9 |
| Interest | 11 | 13 | 17 |
| Depreciation | 4 | 4 | 4 |
| Profit before tax | 17 | 25 | 37 |
| Tax % | 34 | 12 | 28 |
| Net Profit | 11 | 22 | 27 |
| EPS in Rs | 0.6 | 1.27 | 1.69 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 1670 | 1485 | 1289 | 2248 | 2813 |
| Expenses | 1595 | 1419 | 1240 | 2160 | 2684 |
| Operating Profit | 75 | 65 | 49 | 88 | 129 |
| OPM % | 4.5 | 4.4 | 3.8 | 3.9 | 4.6 |
| Other Income | 6 | 12 | 28 | 23 | 26 |
| Interest | 9 | 13 | 20 | 30 | 50 |
| Depreciation | 5 | 7 | 9 | 14 | 17 |
| Profit before tax | 68 | 57 | 48 | 67 | 88 |
| Tax % | 27 | 29 | 29 | 28 | 28 |
| Net Profit | 50 | 41 | 34 | 48 | 64 |
| EPS in Rs | 2264.17 | 388.85 | 29.94 | 3.48 | 3.52 |
| Dividend Payout % | 0 | 29 | 5 | 23 | 6 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 10 | 10 | 112 | 116 |
| Reserves | 99 | 121 | 144 | 135 | 216 |
| Borrowings | 163 | 175 | 361 | 565 | 627 |
| Other Liabilities | 195 | 138 | 216 | 510 | 549 |
| Total Liabilities | 460 | 444 | 731 | 1322 | 1508 |
| Fixed Assets | 39 | 54 | 0 | 223 | 237 |
| CWIP | 6 | 17 | 0 | 60 | 90 |
| Investments | 0 | 0 | 20 | 28 | 29 |
| Other Assets | 415 | 374 | 711 | 1011 | 1152 |
| Total Assets | 460 | 444 | 731 | 1322 | 1508 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | 69 | -9 | 2 | 114 |
| Cash from Investing Activity | 21 | -76 | -131 | -152 | -179 |
| Cash from Financing Activity | 27 | -9 | 155 | 221 | 52 |
| Net Cash Flow | 53 | -15 | 15 | 71 | -14 |
| Free Cash Flow | 18 | 36 | -65 | -57 | 55 |
| CFO/OP | 43 | 132 | -1 | 35 | 109 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 56 | 38 | 90 | 74 | 75 |
| Cash Conversion Cycle | 56 | 38 | 90 | 74 | 75 |
| Working Capital Days | -9 | -5 | -14 | -13 | -5 |
| ROCE % | — | 24 | 16 | 13 | 13 |

## Shareholding Pattern

### annual

| Category | Sep 2026 |
| --- | --- |
| Promoters | 56.82% |
| FIIs | 3.31% |
| DIIs | 11.8% |
| Public | 28.09% |
| No. of Shareholders | 152818 |

### Quarterly

| Category | Sep 2026 |
| --- | --- |
| Promoters | 56.82% |
| FIIs | 3.31% |
| DIIs | 11.8% |
| Public | 28.09% |
| No. of Shareholders | 152818 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 2 / 12 / 5

### Moving Averages — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 114.34 | Sell |
| EMA (10) | 114.22 | Sell |
| SMA (20) | 117.73 | Sell |
| EMA (20) | 116.23 | Sell |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.24 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 11.32 | Buy |
| ADX (14) | — | Neutral |
| Williams %R (14) | -96.67 | Buy |
| ATR (14) | 7.21 | High Volatility |
| ROC (12) | -16 | Sell |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-10-01 | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edb2c07f-b1e9-4adb-bcb8-1ea0342a414d.pdf) |
| 2026-10-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68fe63af-2cef-47f8-aec0-7bee58b02cf2.pdf) |
| 2026-10-01 | [Disclosure Under Regulation 7(2)(B) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f98f7b0-f4ad-4038-9e9c-7e00fc9a7519.pdf) |
| 2026-10-01 | [Disclosure Under Regulation 7(2)(B) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edc06d46-4b28-4dc9-8030-3c9b62995462.pdf) |
| 2026-09-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=367c7122-3c83-4ece-b85d-8b5747a5bacd.pdf) |
| 2026-09-29 | [Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure) Regulations, 2015 - Skyways Air Services' Vietnam Overseas Office Received Air India Cargo Appreciation Award Across Two Stations: Ho Chi Minh City And Hanoi](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46ed98b3-2ccf-4d65-890b-45e1a907d5d4.pdf) |
| 2026-09-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86f39fde-317a-44b2-956c-844a803b11c0.pdf) |
| 2026-09-23 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a327d3c-61d3-4161-bfc5-b366f58899f2.pdf) |
| 2026-09-22 | [Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure) Regulations, 2015 - Appreciation Award From Air India Cargo In Vietnam](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=964758ad-74df-4042-88f6-548b7af1b711.pdf) |
| 2026-09-19 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=856952af-25d7-4e9f-bf0a-ebe40598dd45.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c065964-2c41-468c-a183-05a47d4161cc.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2026 | [Concall - Sep 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a327d3c-61d3-4161-bfc5-b366f58899f2.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-06-02 | Credit rating update — CRISIL |
| 2026-04-09 | Credit rating update — CARE Ratings |
| 2026-03-05 | Credit rating update — CRISIL |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:26.010Z.