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Skyways Air Services (SKYWAYS)₹108.60+1.07%Logistics Solution Provider
In the Jun 2026 quarter (consolidated), Skyways Air Services reported sales of ₹1,218 Cr, up 90.4% from Jun 2025, and net profit of ₹26.94 Cr, up 145.6% year on year. For the year to Mar 2026, sales were ₹2,814 Cr and net profit ₹63.89 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|
| Sales | 639 | 788 | 1,218 |
| Expenses | 614 | 755 | 1,171 |
| Operating Profit | 26.94 | 34.95 | 49.88 |
| OPM % | 4.3% | 4.4% | 4.1% |
| Other Income | 4.01 | 7.02 | 9.03 |
| Interest | 11.02 | 13.04 | 17.02 |
| Depreciation | 4.01 | 4.01 | 4.01 |
| Profit before tax | 16.98 | 24.99 | 37.01 |
| Tax % | 34.0% | 12.0% | 28.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 |
| Net Profit | 10.97 | 21.96 | 26.94 |
| EPS (Rs) | 0.59 | 1.26 | 1.68 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 1,672 | 1,486 | 1,291 | 2,250 | 2,814 |
| Expenses | 1,599 | 1,423 | 1,244 | 2,167 | 2,693 |
| Operating Profit | 74.82 | 64.89 | 48.94 | 87.78 | 129 |
| OPM % | 4.5% | 4.4% | 3.8% | 3.9% | 4.6% |
| Other Income | 6.02 | 12.03 | 28.09 | 23.06 | 26.07 |
| Interest | 9.02 | 13.03 | 20.04 | 30.05 | 50.14 |
| Depreciation | 5.01 | 7.03 | 9.03 | 14.06 | 17.06 |
| Profit before tax | 67.96 | 56.93 | 47.93 | 66.99 | 87.97 |
| Tax % | 27.0% | 29.0% | 29.0% | 28.0% | 28.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Net Profit | 49.90 | 40.93 | 33.94 | 47.91 | 63.89 |
| EPS (Rs) | 2,257.68 | 387.60 | 29.85 | 3.47 | 3.51 |
| Dividend payout % | 0.0% | 29.0% | 5.0% | 23.0% | 6.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1.99 | 9.96 | 9.96 | 112 | 116 |
| Reserves | 98.91 | 121 | 144 | 135 | 216 |
| Borrowings | 163 | 175 | 360 | 566 | 627 |
| Other Liabilities | 194 | 137 | 215 | 508 | 546 |
| Total Liabilities | 459 | 443 | 729 | 1,320 | 1,504 |
| Fixed Assets | 38.99 | 53.99 | 0.00 | 223 | 237 |
| CWIP | 5.98 | 16.95 | 0.00 | 59.84 | 89.77 |
| Investments | 0.00 | 0.00 | 20.02 | 28.04 | 29.04 |
| Other Assets | 414 | 373 | 709 | 1,009 | 1,149 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 |
| Trade receivables | 255 | 155 | 319 | 457 | 579 |
| Cash & equivalents | 70.10 | 55.02 | 86.09 | 194 | 188 |
| Total Assets | 459 | 443 | 729 | 1,320 | 1,504 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | 4.99 | 68.95 | −8.99 | 1.99 | 114 |
| Cash from investing activity | 21.09 | −76.25 | −132 | −153 | −180 |
| Cash from financing activity | 27.10 | −9.02 | 156 | 222 | 52.16 |
| Net cash flow | 53.11 | −15.05 | 15.04 | 71.21 | −14.05 |
| Capex | 0.00 | 32.89 | 55.79 | 58.82 | 58.78 |
| Free cash flow | 17.96 | 35.93 | −64.82 | −56.89 | 54.86 |
| CFO / OP % | 43.1% | 132.1% | −1.0% | 35.1% | 109.1% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor days | 57 | 39 | 91 | 75 | 76 |
| Cash conversion cycle | 55 | 37 | 89 | 73 | 74 |
| Working capital days | −10 | −6 | −15 | −14 | −6 |
| ROCE % | — | 24.1% | 16.0% | 13.1% | 13.1% |
For the Jun 2026 quarter, Skyways Air Services reported sales of ₹1,218 Cr, up 90.4% year on year and net profit of ₹26.94 Cr, up 145.6% year on year. The operating margin was 4.1%.
Skyways Air Services' sales for the year to Mar 2026 were ₹2,814 Cr.
Net profit for the year to Mar 2026 was ₹63.89 Cr. Earnings per share over the same trailing period were ₹3.51.
Skyways Air Services reported borrowings of ₹627 Cr at Mar 2026, against cash and equivalents of ₹188 Cr.
Cash from operations was ₹114 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹54.86 Cr.