Sky Industries

Why is Sky Industries Ltd falling/rising?

As of 08-Aug, Sky Industries Ltd's stock price is slightly rising at 96.00, but it has underperformed its sector today and declined by 2.68% over the past week. Despite this, it has increased by 8.98% over the past month and 7.15% year-to-date, with rising investor participation noted.

As of 08-Aug, Sky Industries Ltd's stock price is experiencing a slight rise, currently at 96.00, with a change of 0.02 (0.02%) upward. Despite this minor increase, the stock has underperformed its sector by 0.27% today. Over the past week, the stock has declined by 2.68%, while it has shown a positive performance over the past month with an increase of 8.98%. Year-to-date, the stock has risen by 7.15%, contrasting with a significant decline of 7.89% in the benchmark Sensex.<BR><BR>The stock's performance relative to moving averages indicates that it is currently above the 50-day, 100-day, and 200-day moving averages, but below the 5-day and 20-day moving averages. This suggests some volatility in the short term. Additionally, there has been a notable increase in investor participation, with a delivery volume of 3,000 shares on August 6, which is up by 15.54% compared to the 5-day average. This rising participation could be contributing to the slight upward movement in the stock price.<BR><BR>Overall, while Sky Industries Ltd is currently seeing a small rise in its stock price, it has faced challenges in the short term, as evidenced by its recent underperformance compared to the sector and the decline over the past week.

Which are the latest news on Sky Industries?

Should I buy, sell or hold Sky Industries Ltd?

How big is Sky Industries?

As of 10th June, Sky Industries Ltd has a market capitalization of 69.00 Cr, with recent net sales of 86.41 Cr and net profit of 6.07 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Sky Industries Ltd has a market capitalization of 69.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 86.41 Cr, while the sum of Net Profit for the same period is 6.07 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 45.14 Cr and Total Assets totaling 65.01 Cr.

Who are in the management team of Sky Industries?

The management team of Sky Industries includes Shailesh S Shah (Managing Director), Sharad S Shah, Vaibhav Jai Desai, and Maikal Raorani (Whole-time Directors), along with several Non-Executive and Independent Directors, and Priyal Ruparelia as Company Secretary. They oversee the company's operations and strategic direction.

The management team of Sky Industries includes the following key members:<BR><BR>1. **Shailesh S Shah** - Managing Director<BR>2. **Sharad S Shah** - Whole-time Director<BR>3. **Vaibhav Jai Desai** - Whole-time Director<BR>4. **Maikal Raorani** - Whole Time Director & CFO<BR>5. **Amarendra Mohapatra** - Non-Executive & Independent Director<BR>6. **Sanghamitra Sarangi** - Non-Executive & Independent Director<BR>7. **Loknath Suryanarayana Mishra** - Non-Executive & Independent Director<BR>8. **Nitin Oza** - Independent Director<BR>9. **Priyal Ruparelia** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Sky Industries?

Sky Industries' peers include Betex India, Shine Fashions, and Dhanalaxmi Roto, among others. In terms of management risk, growth, and capital structure, Shine Fashions excels, while Sky Industries shows average performance, and Betex India leads in 1-year returns at 13.41%.

Peers: The peers of Sky Industries are Betex India, Sh. Rajas. Synt., Kamadgiri Fash., Garment Mantra, Riba Textiles, E-Land Apparel, Shine Fashions, Dhanalaxmi Roto, and Ashnoor Textile.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shine Fashions and Dhanalaxmi Roto, while Average management risk is found at Sky Industries and Ashnoor Textile. Below Average management risk is noted for Betex India, Sh. Rajas. Synt., Kamadgiri Fash., Garment Mantra, Riba Textiles, and E-Land Apparel. Growth is Excellent at Shine Fashions, Average at Sky Industries, and Below Average at Betex India, Sh. Rajas. Synt., Kamadgiri Fash., Garment Mantra, Riba Textiles, E-Land Apparel, and Ashnoor Textile. Capital Structure is Excellent at Dhanalaxmi Roto, Good at Betex India and Shine Fashions, Average at Sky Industries and Ashnoor Textile, and Below Average at Sh. Rajas. Synt., Kamadgiri Fash., Garment Mantra, Riba Textiles, and E-Land Apparel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Betex India at 13.41%, while the peer with the lowest is Shine Fashions at -58.55%. Sky Industries has a 1-year return of -13.10%, which is better than Shine Fashions but worse than Betex India. Additionally, peers with negative six-month returns include Garment Mantra, Riba Textiles, E-Land Apparel, Shine Fashions, Dhanalaxmi Roto, and Ashnoor Textile.

What does Sky Industries do?

Sky Industries Ltd is a Micro Cap manufacturer and exporter of hook and loop fasteners in the Garments & Apparels industry, with recent net sales of 21 Cr and a net profit of 2 Cr for the quarter ending March 2026. The company, established in 1989, has a market cap of INR 69 Cr and key financial metrics including a P/E ratio of 10.00 and a dividend yield of 1.19%.

Overview: <BR>Sky Industries Ltd is a leading manufacturer and exporter of hook and loop fasteners in the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1989, Sky Industries Limited has established itself as a trusted supplier in the hook and loop manufacturing sector. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 21 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 69 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 1.19% <BR>Debt-Equity: 0.57 <BR>Return on Equity: 12.40% <BR>Price to Book: 1.31<BR><BR>Contact Details: <BR>Address: C-58 TTC Industrial Area, Thane Belapur Road Pawne Navi Mumbai Maharashtra : 400705 <BR>Tel: 91-22-67137900 <BR>Email: sales@skgroup.com <BR>Website: http://www.sky-india.com

Are Sky Industries Ltd latest results good or bad?

Sky Industries Ltd's latest results show strong profitability with a record operating margin and significant net profit growth. However, stagnating revenue growth and a decline in quarterly revenue raise concerns about the company's market position, making the overall outlook mixed.

Sky Industries Ltd's latest results present a mixed picture. On one hand, the company achieved its highest-ever operating margin of 17.48% in Q4 FY26, reflecting improved cost management and operational efficiencies. Additionally, net profit increased significantly, rising by 27.59% quarter-on-quarter and 48.00% year-on-year to ₹1.85 crores.<BR><BR>However, the broader context reveals ongoing challenges. Revenue growth has stagnated, with a mere 3.69% increase over the past five years, and the latest quarter saw a slight decline of 0.33% in revenue compared to the previous quarter. This lack of meaningful top-line growth raises concerns about the company's market positioning and competitive dynamics within the garments and apparels sector.<BR><BR>Overall, while the profitability metrics are encouraging, the stagnation in revenue growth and the stock's performance—trading 29.08% below its 52-week high—suggest that the company is facing significant operational challenges. Therefore, while there are positive aspects, the overall results could be viewed as concerning due to the lack of revenue growth.

How has been the historical performance of Sky Industries?

Sky Industries has shown consistent growth in net sales and profitability, with net sales increasing from 74.92 Cr in March 2023 to 84.09 Cr in March 2025, and profit after tax rising from 1.77 Cr to 5.82 Cr during the same period. However, cash flow from operating activities declined from 9.00 Cr in March 2024 to 4.00 Cr in March 2025.

Answer:<BR>The historical performance of Sky Industries shows a consistent growth trend in net sales and profitability over recent years.<BR><BR>Breakdown:<BR>Sky Industries has demonstrated a steady increase in net sales, rising from 74.92 Cr in March 2023 to 84.09 Cr in March 2025. This growth is accompanied by an increase in total operating income, which reached 84.09 Cr in March 2025, up from 74.92 Cr in March 2023. The company's operating profit (PBDIT) also improved significantly, climbing to 10.66 Cr in March 2025 from 5.63 Cr in March 2023. Profit before tax followed this upward trend, increasing from 2.34 Cr in March 2023 to 7.81 Cr in March 2025, while profit after tax rose from 1.77 Cr to 5.82 Cr in the same period. The earnings per share (EPS) reflected this positive performance, growing from 2.25 in March 2023 to 7.38 in March 2025. On the balance sheet, total assets increased from 59.30 Cr in March 2023 to 65.01 Cr in March 2025, with total liabilities also rising from 59.30 Cr to 65.01 Cr. The company's cash flow from operating activities showed a decline from 9.00 Cr in March 2024 to 4.00 Cr in March 2025, indicating a shift in cash management despite the overall profitability growth.

Is Sky Industries overvalued or undervalued?

As of November 13, 2025, Sky Industries is considered an attractive investment with a PE ratio of 14.09, an EV to EBITDA of 9.26, and a dividend yield of 1.07%, despite a year-to-date stock decline of 45.70% compared to the Sensex's gain of 8.11%.

As of 13 November 2025, the valuation grade for Sky Industries has moved from very attractive to attractive. The company is currently considered undervalued. Key ratios include a PE ratio of 14.09, an EV to EBITDA of 9.26, and a dividend yield of 1.07%. <BR><BR>In comparison to peers, Sky Industries has a lower PE ratio than Sundram Fasteners, which is at 36.15, and a more favorable EV to EBITDA ratio compared to Sterling Tools at 12.12. Despite recent stock performance showing a decline of 45.70% year-to-date against the Sensex's gain of 8.11%, the company's fundamentals suggest it remains a compelling investment opportunity.

When is the next results date for Sky Industries?

The next results date for Sky Industries is 12 November 2025.

The next results date for Sky Industries is scheduled for 12 November 2025.

Who are the top shareholders of the Sky Industries?

The top shareholders of Sky Industries include Shailesh S Shah with 35.24%, and the highest public shareholder, Harini Narendra Dedhia, with 6.72%. Individual investors collectively own 35.81%, with no mutual funds or foreign institutional investors currently holding shares.

The top shareholders of Sky Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Shailesh S Shah, owning 35.24% of the company. Additionally, the highest public shareholder is Harini Narendra Dedhia, who holds 6.72%. Individual investors collectively own 35.81% of the shares, while there are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

What is the technical trend for Sky Industries?

As of May 21, 2025, Sky Industries shows a mildly bearish trend overall, with mixed signals from the weekly and monthly MACD, while daily moving averages and Bollinger Bands reinforce this cautious outlook.

As of 21 May 2025, the technical trend for Sky Industries has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands and moving averages on the daily timeframe are both mildly bearish, reinforcing the overall cautious outlook. The KST and Dow Theory on the weekly timeframe are mildly bullish, providing some support against the bearish indicators. Overall, the current technical stance is mildly bearish, with strength primarily driven by the daily moving averages and Bollinger Bands.

Has Sky Industries declared dividend?

Sky Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of July 11, 2024. The dividend yield is 1.15%, and while recent short-term returns have been negative, longer-term returns show significant growth, especially over the past five years.

Sky Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: Jul-11-2024<BR><BR>Dividend Yield: 1.15%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -40.88%, with a dividend return of 0%, resulting in a total return of -40.88%.<BR><BR>For the 1-year period, the price return was 7.79%, the dividend return was 1.15%, leading to a total return of 8.94%.<BR><BR>Over the 2-year period, the price return was 49.14%, the dividend return was 2.99%, culminating in a total return of 52.13%.<BR><BR>In the 3-year period, the price return was 23.02%, with a dividend return of 2.62%, resulting in a total return of 25.64%.<BR><BR>For the 4-year period, the price return was 12.02%, the dividend return was 3.85%, leading to a total return of 15.87%.<BR><BR>In the 5-year period, the price return was 278.4%, with a dividend return of 18.15%, resulting in a total return of 296.55%.<BR><BR>Overall, Sky Industries has declared a dividend, and while the recent short-term returns have been negative, the longer-term returns show significant growth, particularly over the 5-year period. The dividend yield of 1.15% indicates a modest return from dividends relative to the share price.