---
title: "Skyways Air Services Ltd (SKYWAYS) — Share Price, Financials & Analysis"
symbol: "SKYWAYS"
company: "Skyways Air Services Ltd"
canonical: "https://tapetide.com/stocks/SKYWAYS"
isin: "INE0PX301025"
nse_symbol: "SKYWAYS"
bse_code: "544890"
sector: "Services"
industry: "Transport Services"
market_cap_cr: 1604.59
generated_at: "2026-09-13T19:58:58.075Z"
---

# Skyways Air Services Ltd (SKYWAYS)

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

## Company

- **NSE Symbol:** SKYWAYS
- **BSE Code:** 544890
- **ISIN:** INE0PX301025
- **Sector:** Services
- **Industry:** Transport Services
- **Macro Sector:** Services
- **Listed Since:** 2026-09-01
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

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

## Latest Price

- **Price:** ₹116.01
- **Change:** +4.82 (+4.33%)
- **Open:** ₹109
- **Day High:** ₹117.5
- **Day Low:** ₹108.5
- **Previous Close:** ₹111.19
- **Volume:** 4483291
- **As Of:** 2026-09-11T10:26:37+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:34.524946Z.

- **Market Cap:** ₹1604.59 Cr
- **Classification:** Microcap
- **P/E (reported):** 25.3
- **Book Value:** ₹50.32
- **Price to Book:** 2.2
- **Dividend Yield:** 0.14%
- **ROE:** 12.84%
- **ROCE:** 22.28%
- **Debt to Equity:** 2.06
- **Revenue (yearly):** ₹2839.7 Cr
- **Net Income:** ₹63.5 Cr
- **EBITDA:** ₹153.3 Cr
- **52-Week High:** ₹138
- **52-Week Low:** ₹106.82

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| ebitda margin growth | -94.49% | 12.27% | -6.41% | 12.97% |
| net income growth | -95.36% | 32.02% | 0% | 28.28% |
| revenue growth | -75.23% | 25.04% | 24% | 11.12% |
| roce | — | 18.2% | -12.73% | 34.57% |
| roe | — | 4.65% | 14.55% | -73.03% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2025 |
| --- | --- |
| Sales | 1328 |
| Expenses | 1271 |
| Operating Profit | 57 |
| OPM % | 4.3 |
| Other Income | 13 |
| Interest | 22 |
| Depreciation | 8 |
| Profit before tax | 39 |
| Tax % | 35 |
| Net Profit | 25 |
| EPS in Rs | 1.31 |

### 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

### Quarterly

| Category | Jun 2025 |
| --- | --- |
| Promoters | 81.97% |
| FIIs | 0% |
| DIIs | 0% |
| Government | 0% |
| Public | 0% |
| Others | 18.03% |
| No. of Shareholders | 152 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 0 / 19 / 0

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | — | Neutral |
| EMA (10) | — | Neutral |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | — | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | — | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | — | Neutral |
| ATR (14) | — | Neutral |
| ROC (12) | — | Neutral |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Outcome Of Board Meeting Held On 26Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c081b2f2-2318-4ea0-94c8-1815380c9cba.pdf) |
| 2026-09-10 | [Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure) Regulations 2015 Regarding Receiving Of Award/Recognition From Emirates Skycargo.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=700eb07e-bff7-4961-a03a-cd5f42ddf8f9.pdf) |
| 2026-09-10 | [Intimation Of Postponement And Rescheduling Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=498b8786-6143-4e03-bea8-2431cc0e78e8.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e192693a-3803-41d7-8009-b28c19484722.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a40fde9-a6bd-4d95-8b69-984a3eb82ae4.pdf) |
| 2026-09-09 | [Newspaper Publication For Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc27a477-113e-4b93-bbf8-afbebc70e0b9.pdf) |
| 2026-09-08 | [NOTICE FOR 42Nd ANNUAL GENERAL MEETING OF THE COMPANY AND ANNUAL REPORT FOR THE FINANCIAL YEAR 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47fae4da-8aaf-4f8e-b10c-23f8139507b0.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c065964-2c41-468c-a183-05a47d4161cc.pdf) |
| 2026-09-07 | [Copies Of Newspaper Publication - Updation Of E-Mail Id With The Company And RTA For Receiving The Notice Of AGM And Annual Report Through Electronic Means](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1caa0c76-c936-45a1-a011-fe93dc72b2d7.pdf) |
| 2026-09-07 | [Copies Of Newspaper Publication - Updation Of E-Mail Id With The Company And RTA For Receiving The Notice Of AGM And Annual Report Through Electronic Means](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69cd0e5e-1604-4b0f-a2db-a13da4041c7d.pdf) |

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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 2026-09-13T19:58:58.075Z.