Skyline Millars

how big is Skyline Millars?

As of Jun 06, Skyline Millars Ltd has a market capitalization of 85.00 Cr, classifying it as a Micro Cap company, with standalone net sales of 2.13 Cr and a net profit of -0.26 Cr for the latest four quarters. The company's shareholder's funds are 24.77 Cr, and total assets amount to 27.23 Cr as of Mar'24.

As of Jun 06, Skyline Millars Ltd has a market capitalization of 85.00 Cr, which classifies it as a Micro Cap company.<BR><BR>As of Jun 06, the company reported standalone net sales of 2.13 Cr and a net profit of -0.26 Cr for the latest four quarters ending in Mar'25, Dec'24, Sep'24, and Jun'24.<BR><BR>As of Mar'24, the standalone balance sheet shows shareholder's funds of 24.77 Cr and total assets of 27.23 Cr.

Has Skyline Millars declared dividend?

Skyline Millars Ltd has declared a 20% dividend, amounting to 0.2 per share, but the dividend yield is 0%. Despite no dividend income, the company has shown significant price appreciation, with total returns of 743.14% over the past five years.

Skyline Millars Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.2<BR>- Ex-date: Sep-12-2013<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 8.59%, the dividend return was 0%, resulting in a total return of 8.59%.<BR><BR>For the 1-year period, the price return was -18.16%, the dividend return was 0%, leading to a total return of -18.16%.<BR><BR>Over the 2-year period, the price return was 87.12%, the dividend return was 0%, which resulted in a total return of 87.12%.<BR><BR>In the 3-year period, the price return was 82.36%, the dividend return was 0%, culminating in a total return of 82.36%.<BR><BR>During the 4-year period, the price return was 160.61%, the dividend return was 0%, resulting in a total return of 160.61%.<BR><BR>For the 5-year period, the price return was 743.14%, the dividend return was 0%, leading to a total return of 743.14%.<BR><BR>Overall, while Skyline Millars has declared a dividend, the dividend yield remains at 0%, indicating that there has been no additional income from dividends in recent periods. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the lack of dividend returns.

Is Skyline Millars overvalued or undervalued?

As of April 25, 2023, Skyline Millars is considered overvalued and risky due to troubling financial ratios, including a PE ratio of -86.08 and an EV to EBITDA of -81.01, indicating poor performance compared to its peers, despite a strong year-to-date return of 22.86%.

As of 25 April 2023, the valuation grade for Skyline Millars has moved from does not qualify to risky, indicating a significant shift in perception. The company is currently considered overvalued, given its troubling financial ratios, including a PE ratio of -86.08, an EV to EBITDA of -81.01, and a ROCE of -3.86%. These figures suggest that the company is struggling to generate profits and is not performing well compared to its peers.<BR><BR>In comparison to its industry, Skyline Millars stands out negatively; for instance, its PE ratio is significantly lower than the industry average, while its EV to EBITDA also reflects poor performance. Notably, the company has underperformed in the short term, with a 1-week stock return of -2.27% compared to a 1.39% gain in the Sensex, although it has shown a strong YTD return of 22.86%. Overall, the valuation metrics and peer comparisons strongly indicate that Skyline Millars is overvalued at its current price of 21.50.

What is the technical trend for Skyline Millars?

As of June 4, 2025, Skyline Millars shows a mildly bullish trend supported by the weekly MACD and daily moving averages, despite some caution from the monthly indicators and Dow Theory suggesting a mildly bearish weekly trend.

As of 4 June 2025, the technical trend for Skyline Millars has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the daily moving averages also indicate a bullish stance. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, reinforcing the upward momentum. However, the monthly MACD and KST remain mildly bearish, suggesting some caution. The Dow Theory indicates a mildly bearish trend on the weekly chart, but there is no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and weekly MACD.

Who are the peers of the Skyline Millars?

Skyline Millars' peers include Virya Resources, Ansal Buildwell, Dhansafal Fin, Prerna Infra, Ansal Housing, Jamshri Realty, Ansal Properties, Shristi Infra, and Homesfy Realty. Most peers exhibit below average management risk, with Dhansafal Fin showing the highest 1-year return at -1.97%, while Skyline Millars has a return of -8.98%.

Peers: The peers of Skyline Millars are Virya Resources, Ansal Buildwell, Dhansafal Fin, Prerna Infra., Ansal Housing, Jamshri Realty, Ansal Properties, Shristi Infra, and Homesfy Realty.<BR><BR>Quality Snapshot: Below Average management risk is observed at Virya Resources, Ansal Buildwell, Skyline Millars, Dhansafal Fin, Prerna Infra., Ansal Housing, Ansal Properties, Shristi Infra, and the rest. Average management risk is found at Ansal Buildwell and the rest. Good capital structure is noted at Virya Resources, Dhansafal Fin, Prerna Infra., and Homesfy Realty, while Below Average capital structure is seen at Skyline Millars, Ansal Housing, Ansal Properties, Shristi Infra, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dhansafal Fin at -1.97%, while the peer with the lowest is Prerna Infra. at -40.29%. Skyline Millars has a 1-year return of -8.98%, which is better than Prerna Infra. but worse than Dhansafal Fin. Additionally, several peers, including Ansal Housing, Prerna Infra., Shristi Infra, and Ansal Properties, have negative six-month returns.

Who are in the management team of Skyline Millars?

As of March 2023, the management team of Skyline Millars includes Vinod N Joshi (Chairman & Independent Director), Maulik H Dave (Whole-time Director), and several Non-Executive and Independent Directors, including Ashok J Patel, Jatin V Daisaria, Upen M Doshi, Shilipin K Tater, and Diana K. Dias, along with Neelam Shah as Company Secretary & Compliance Officer.

As of March 2023, the management team of Skyline Millars includes the following individuals:<BR><BR>1. Ashok J Patel - Non Executive Director<BR>2. Vinod N Joshi - Chairman & Independent Director<BR>3. Jatin V Daisaria - Non Executive Director<BR>4. Upen M Doshi - Independent Director<BR>5. Shilipin K Tater - Non Executive Director<BR>6. Maulik H Dave - Whole-time Director<BR>7. Neelam Shah - Company Secretary & Compliance Officer<BR>8. Diana K. Dias - Independent Director<BR><BR>These members play various roles within the company, contributing to its governance and operational oversight.

What does Skyline Millars do?

Skyline Millars Ltd is a micro-cap company in the realty industry, incorporated in 1919 and known for its recent quarterly net sales of 21 Cr and net profit of 2 Cr as of March 2025. The company has a market cap of INR 90 Cr and operates from Mumbai.

Overview:<BR>Skyline Millars Ltd operates in the realty industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Skyline Millars Ltd was incorporated in 1919 as The ACME Manufacturing Company Ltd. It underwent several name changes, becoming Millars India Ltd in 2002 and finally Skyline Millars Ltd in 2007. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 21 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 90 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 46<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.21<BR>- Return on Equity: -0.78%<BR>- Price to Book: 3.66<BR><BR>Contact Details:<BR>Address: Churchgate House 4th Floor, 32-34 Veer Nariman Road Fort Mumbai Maharashtra : 400001<BR>Tel: 91-022-22047471<BR>Email: shares@skylinemillarsltd.com<BR>Website: http://www.skylinemillarsltd.com

Who are the top shareholders of the Skyline Millars?

The top shareholders of Skyline Millars include Jatin Daisaria Realtors Private Limited with 14.22%, individual investors with 22.2%, and Shikha Prabhatchandra Jain as the largest public shareholder at 1.4%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Skyline Millars include Jatin Daisaria Realtors Private Limited, which holds the highest promoter stake at 14.22%. Additionally, individual investors collectively hold 22.2% of the shares. The highest public shareholder is Shikha Prabhatchandra Jain, with a holding of 1.4%. There are currently no mutual funds or foreign institutional investors involved in the company's shareholding.

Are Skyline Millars latest results good or bad?

Skyline Millars' latest results are concerning, showing a significant decline in profitability with an Operating Profit of Rs -0.42 crore and an EPS of Rs -0.08, the lowest in five quarters. While the Debtors Turnover Ratio has improved, the drop in cash reserves raises liquidity concerns, indicating a challenging financial situation overall.

Skyline Millars' latest results indicate a challenging performance overall. The company has reported a flat performance with a significant drop in its score from 10 to -2 over the past three months. This decline suggests that the company is facing difficulties.<BR><BR>Key financial metrics highlight several issues. The Operating Profit (PBDIT) for the quarter is at Rs -0.42 crore, marking the lowest level in the last five quarters. Similarly, the Profit Before Tax (PBT) has also decreased to Rs -0.41 crore, indicating a negative trend in profitability. The Earnings per Share (EPS) stands at Rs -0.08, which is again the lowest in five quarters, reflecting reduced earnings for shareholders.<BR><BR>On a more positive note, Skyline Millars has achieved a Debtors Turnover Ratio of 10.14 times, the highest in the last five half-yearly periods, suggesting improved efficiency in managing debts. However, the company's cash and cash equivalents have fallen to Rs 5.07 crore, the lowest in the last six half-yearly periods, which raises concerns about its short-term liquidity.<BR><BR>Overall, while there are some positive indicators regarding debt management, the significant declines in profit and sales, along with reduced liquidity, suggest that Skyline Millars is currently facing a tough financial situation.

How has been the historical performance of Skyline Millars?

Skyline Millars has experienced significant fluctuations in performance, with net sales increasing to 2.13 Cr in March 2025 from 0.15 Cr in March 2023, but down from 4.24 Cr in March 2021. The company reported operating losses and negative cash flow, indicating a downward trend in profitability and sales over recent years.

Answer:<BR>The historical performance of Skyline Millars has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Skyline Millars reported net sales of 2.13 Cr in March 2025, a notable increase from 0.15 Cr in March 2023, but down from 4.24 Cr in March 2021. The total operating income for March 2025 was 2.13 Cr, compared to 0.15 Cr in March 2023 and 4.24 Cr in March 2021. The total expenditure, excluding depreciation, rose to 2.87 Cr in March 2025 from 2.18 Cr in March 2023, leading to an operating profit (PBDIT) of -0.19 Cr in March 2025, a decline from a profit of 3.10 Cr in March 2021. The profit after tax also reflected losses, standing at -0.19 Cr in March 2025, down from a profit of 2.75 Cr in March 2021. The company's total assets decreased to 26.02 Cr in March 2025 from 28.44 Cr in March 2022, while total liabilities also fell to 26.02 Cr in March 2025 from 27.23 Cr in March 2024. Cash flow from operating activities was negative at -2.00 Cr in March 2025, indicating challenges in generating cash from core operations. Overall, Skyline Millars has experienced a downward trend in both sales and profitability over the past few years, with significant losses reported in the most recent fiscal year.

Should I buy, sell or hold Skyline Millars Ltd?

When is the next results date for Skyline Millars Ltd?

The next results date for Skyline Millars Ltd is 04 February 2026.

The next results date for Skyline Millars Ltd is scheduled for 04 February 2026.

Which are the latest news on Skyline Millars?

Why is Skyline Millars Ltd falling/rising?

As of 30-Jan, Skyline Millars Ltd's stock price is declining at 19.02, down 0.21%, and has underperformed its sector. The company faces significant financial challenges, including operating losses and low profitability, contributing to decreased investor confidence and a 14.17% year-to-date decline.

As of 30-Jan, Skyline Millars Ltd is experiencing a decline in its stock price, currently at 19.02, which reflects a change of -0.04 or -0.21%. The stock has underperformed its sector by 0.85% today and is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. <BR><BR>The stock has shown significant negative performance over the past week, down 4.61%, and has also declined by 18.65% over the past month. Year-to-date, it has fallen by 14.17%, while the broader market, represented by the Sensex, has only decreased by 3.46% in the same period. This trend indicates a consistent underperformance relative to the market.<BR><BR>Additionally, there has been a notable drop in investor participation, with delivery volume on January 29 falling by 99.76% compared to the 5-day average. This lack of trading interest suggests a decrease in confidence among investors. <BR><BR>The company's financial health is also a concern, as it is facing operating losses and has a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.01. Furthermore, the company has low profitability, with a Return on Equity of only 1.33%. These factors contribute to the perception of the stock as risky, especially given its negative EBITDA and the lowest operating cash flow recorded at Rs -2.53 Cr.<BR><BR>In summary, the combination of poor recent performance, declining investor interest, and weak financial fundamentals are key reasons why Skyline Millars Ltd's stock price is falling.