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Sky Industries Ltd (526479)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526479 NSE: Textile | Small Cap | Sky Industries Share Price

₹89.51 1.63 (1.85%)

As on 04-Jun'26 16:59

Sky Industries Ltd (526479)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526479 NSE: Textile | Small Cap | Sky Industries Share Price

₹89.51 1.63 (1.85%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹71 Cr.
Current Price
₹89.5
52-Week Low / High
₹63 / 123
TTM EPS
₹7.5
TTM Sales
₹84.3 Cr.
Book Value per Share
₹64.3
P/E Ratio
11.93
Lower than its 5-year historical median
Industry PE
36.6
Price to Book (P/B)
1.39
Lower than its 5-year historical median
Price to Sales (P/S)
0.84
In line with its 5-year historical median
EV/EBITDA
8.65
In line with its 5-year historical median
Dividend Yield
1.18%
Profitability Efficiency
Return on Equity (ROE)
14.25%
Outperforms industry median
Return on Capital Employed (ROCE)
16.77%
Outperforms industry median
Return on Assets (ROA)
9.56%
Operating Profit Margin
11.5%
Net Profit Margin
7.4%
Gross Profit Margin
12%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
0.25%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
26.76%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
31.05%
Asset Quality
Promoter Holding
58.11%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹43 Cr.
Equity
₹7.9 Cr.
Face Value
₹10
All Time Low / High
₹2.00 / 196.05

Sky Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Sky Industries Ltd a good quality company?
Sky Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sky Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sky Industries Ltd vs industry peers?
Sky Industries Ltd revenue CAGR is 6.86%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sky Industries Ltd?
Promoters hold 58.11% of the Sky Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sky Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 15.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sky Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 14.3%15.9%14.3%12.9%4.9%7.5%18.6%8.2%14.5%16.8%-
Value Creation
Index
0.00.10.0-0.1-0.7-0.50.3-0.40.00.2-

Growth Parameters

Sales 51.848.65358.359.353.470.374.982.582.784
Sales YoY Gr.--6.4%9.1%10.1%1.8%-10%31.6%6.7%10.1%0.3%-
Adj EPS 2.26.64.34.112.76.92.45.67.27.5
YoY Gr.-203.2%-35.7%-3.8%-74.9%157.3%160.8%-65.1%130.3%29.4%-
BVPS (₹) 38.538.842.144.743.542.846.645.851.157.764.3
Adj Net
Profit
0.92.81.91.90.51.54.71.94.45.76
Cash Flow from Ops. 0.938.40.92.6-0.3-1.91.89.36.5-
Debt/CF from Ops. 10.83.3110.53.7-42.5-7.371.31.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.3%6.9%5.6%0.3%
Adj EPS 14.1%47.5%1.3%29.4%
BVPS4.6%5.8%7.4%13%
Share Price 14.5% 1.2% 12.2% 3.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
617.510.79.72.46.216.25.511.413.212.3
Op. Profit
Mgn %
6.710.710989.612.67.39.111.513.3
Net Profit
Mgn %
1.75.73.53.30.82.86.72.55.36.97
Debt to
Equity
0.70.60.50.40.50.50.40.40.30.30.3
Working Cap
Days
19818716615917720818219817516679
Cash Conv.
Cycle
758276778910210612411311141

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales51.8448.5552.9658.3259.3453.4070.2574.9282.4682.67
Operating Expenses + 48.3543.3447.6853.0754.9248.3061.3869.6074.9573.15
Manufacturing Costs1.541.862.883.944.103.756.426.446.887.51
Material Costs37.6635.0335.8139.4342.4136.6045.8652.6255.7152.09
Employee Cost 3.241.703.673.123.763.323.714.134.435.66
Other Costs 5.914.755.326.574.664.625.396.427.937.88
Operating Profit 3.495.215.285.254.425.118.865.327.519.52
Operating Profit Margin (%) 6.7%10.7%10.0%9.0%7.4%9.6%12.6%7.1%9.1%11.5%
Other Income + 0.620.900.620.180.020.430.860.311.621.47
Exceptional Items 0.55-1.13-1.15-0.50-0.86-0.920000
Interest 2.221.621.291.071.161.151.261.601.291.03
Depreciation 0.910.890.981.302.102.061.891.701.741.78
Profit Before Tax 1.532.472.482.570.321.406.572.346.108.17
Tax 0.270.270.660.650.030.601.700.571.422.05
Profit After Tax 1.262.201.811.910.290.804.871.774.676.12
PAT Margin (%) 2.4%4.5%3.4%3.3%0.5%1.5%6.9%2.4%5.7%7.4%
Adjusted EPS (₹)3.25.34.14.20.61.47.12.35.97.8
Dividend Payout Ratio (%)0%0%12.10%24.10%84.10%69.40%14.10%44.50%16.90%12.90%

Valuation of Sky Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 15.3016.2118.4520.5721.0523.7531.9535.9840.3145.55
Share Capital 3.984.184.394.614.845.556.857.867.897.89
Reserves 11.3212.0314.0715.9616.2118.2025.1028.1232.4237.66
Debt +10.129.658.219.079.6811.5213.2012.0111.8411.50
Long Term Debt0.920.820.280.010.201.830.960.330.050.58
Short Term Debt9.208.837.939.059.489.6912.2411.6711.7910.92
Minority Interest0000000000
Trade Payables6.706.288.927.5911.446.667.426.326.264.52
Others Liabilities 4.812.795.115.176.947.786.536.654.283.76
Total Liabilities 36.9334.9340.7042.3949.1049.7159.1060.9562.6965.34

Fixed Assets

Net Fixed Assets +9.619.7914.9714.8016.0112.1410.9611.4410.9810.40
Gross Block28.9510.6816.6016.1019.3215.4615.4117.4818.3019.04
Accumulated Depreciation19.340.891.631.303.313.324.456.047.328.65
CWIP 0.040.650.020.460.460.250.170.230.417.94
Investments 0.340.340.150.350.495.496.406.868.267.37
Inventories8.5810.0512.0513.0115.5011.8719.3921.8019.9421.21
Trade Receivables10.439.218.689.8611.2512.6712.0812.281210.44
Cash Equivalents 0.700.630.990.430.992.181.311.275.322.20
Others Assets 7.254.273.843.484.405.118.807.065.785.77
Total Assets 36.9334.9340.7042.3949.1049.7159.1060.9562.6965.34

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.942.978.430.862.63-0.27-1.901.829.346.47
PBT 0.982.472.482.570.321.406.572.346.108.17
Adjustment 3.032.062.632.853.613.972.673.191.992.09
Changes in Working Capital -3.05-1.13.84-3.58-0.32-4.92-9.11-2.212.49-1.75
Tax Paid -0.01-0.46-0.51-0.69-0.43-0.47-1.45-0.71-1.25-2.04
Cash Flow From Investing Activity + 2.43-1.35-5.64-1.87-2.06-1.84-2.67-0.78-6.14-3.56
Capex -0.38-1.68-5.67-1.43-1.533.01-1.89-0.78-1.46-8.73
Net Investments 2.770-0.07-0.21-0.24-4.66-0.54-0.24-0.431.42
Others 0.040.330.10-0.23-0.29-0.19-0.240.24-4.253.76
Cash Flow From Financing Activity + -5.06-1.38-2.370.20-0.333.093.41-0.89-3.04-2.87
Net Proceeds from Shares 00.460.360.38002.842.270.030
Net Proceeds from Borrowing 000001.63-0.86-0.64-0.290.53
Interest Paid -2.16-1.62-1.29-1.03-0.99-1.04-1.06-1.48-1.21-1
Dividend Paid 00000000-0.79-0.79
Others -2.89-0.22-1.440.850.662.512.50-1.04-0.78-1.62
Net Cash Flow -1.680.240.42-0.800.240.98-1.160.150.160.04

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.5913.9610.469.811.383.5717.55.2112.2614.25
ROCE (%)14.3115.914.2512.884.857.4618.648.214.5316.77
Asset Turnover Ratio1.271.351.41.41.31.081.291.251.331.29
PAT to CFO Conversion(x)0.751.354.660.459.07-0.34-0.391.0321.06
Working Capital Days
Receivable Days77.4073.6061.605864.9081.7064.3059.3053.7049.50
Inventory Days6669.8076.1078.5087.7093.5081.20100.3092.4090.90
Payable Days79.8067.6077.5076.4081.9090.205647.6041.2037.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *3.573.573.573.573.573.573.573.570.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sky Industries Ltd FAQs

The current trading price of Sky Industries on 04-Jun-2026 16:59 is ₹89.51.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Sky Industries stood at ₹70.63 Cr

The latest P/E ratio of Sky Industries as of 03-Jun-2026 is 11.93.

The latest P/B ratio of Sky Industries as of 03-Jun-2026 is 1.39.

The 52-week high of Sky Industries is ₹123.0 and the 52-week low is ₹63.06.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sky Industries is ₹84.34 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sky Industries Ltd is a average quality company.

The key valuation ratios of Sky Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sky Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Sky Industries Ltd

Sky Industries Limited was incorporated on July 18, 1989 as Fine Velvets and Plastofabs Private Limited with Registrar of Companies Maharashtra. It was subsequently converted into a public limited company on  March 17, 1993. The name of the company was changed to Sky Industries Limited by passing special resolution in the Extra Ordinary General Meeting held on May 10,1993.

The company belongd to the S K Group of Companies, with interests in a wide spectrum of activities from  indenting to sale of machines to global trade. Established in 1984 based on ideals of excellence, customer trust, social welfare and high quality products & services. Their projected turnover for the year 2001-02 is around Rs 960 million. The initial promoters of the group were Nitin Motani (Chairman), Shailesh Shah (Managing director), Saurabh Motani (Director) and Sharad Shah (Director).

Sky Industries Ltd. is India's largest manufacturer of hook and loop tape fasteners with a monthly production capacity of 86 lac meters from their state of art manufacturing facility at New Bombay. They are also the largest manufacturer of all kinds of elastics and other narrow fabrics and recipient of Golden Trophy from the Government of India, for the highest exports from India.

In testimony of their quality of product and service they are privileged to enjoy a major market share in the hook and loop tape fastener industry. Encouraged by the response to hook and loop tape, we diversified into manufacturing of other Narrow Fabrics, by setting up a plant in Special Economic Zone ( Export Zone ) (SEZ), Sachin, near Surat.

The company has latest Infrastructure and is equipped with the best plant and machinery, rigorous quality control is maintained and products confirm to international Standards . They are also in the process of Launching their own Satin ribbons in different colurs and widths manufactured from their ultra modern plant at New Bombay. As on date they are proud to serve the top manufacturers of over 38 different industrial sectors with their wide range of products. They also substantially export to U.S. Canada, Latin American countries, EU nations and many other nations all over the world.

Product range of the company includes:

  • Sew on hook and loop tape fasteners
  • Pressure sensitive hook and loop tape fasteners ( Self adhesive tape )
  • Hook and loop tape fasteners flame regardant variety
  • Pressure sensitive hook and loop tape fasteners (Flame regardant variety )
  • Hook and loop tape fasteners -- multicolor variety
  • Embossed loop tape
  • Back to back hook and loop tape fasteners
  • Side by side hook and loop tape fasteners
  • Regular knitted elastic
  • Knitted elastic with cord
  • Frilled elastic
  • Fibrilated elastic
  • Single side gloss nylon satin ribbons
  • Polyester braided elastic
  • P.P. braided elastic
  • Nylon webbing with normal breaking strength
  • Nylon webbing with high breaking strength
  • Polyester webbing

Achievements/ recognition:

  • The company is India's largest manufacturer of hook and loop tape fasteners.
  • They are also the largest manufacturer of all kinds of elastics
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