Skyline Millars

Why is Skyline Millars Ltd falling/rising?

As of 23-Jun, Skyline Millars Ltd's stock price is currently at 16.48, reflecting a 2.68% increase today and a positive trend over the past week and month. However, it remains down significantly year-to-date and over the past year, indicating longer-term challenges despite recent short-term gains.

As of 23-Jun, Skyline Millars Ltd's stock price is rising, currently at 16.48, which reflects an increase of 0.43 or 2.68%. This upward movement is notable as the stock has outperformed its sector by 3.76% today. Over the past week, the stock has shown a positive return of 1.10%, contrasting with a decline of 0.79% in the Sensex. Additionally, the stock has gained 3.26% over the past month, while the Sensex has increased by only 1.04%.<BR><BR>However, it is important to note that despite the recent rise, the stock has experienced significant declines year-to-date, down 25.63%, and over the past year, down 29.87%. The stock's current price is higher than its 5-day and 20-day moving averages, indicating a short-term positive trend, although it remains below the longer-term moving averages of 50-day, 100-day, and 200-day.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 96.18% against the 5-day average. Despite this, the stock remains liquid enough for trading, based on its average traded value. Overall, the recent rise in stock price is supported by short-term performance metrics, despite the longer-term challenges reflected in its year-to-date and yearly performance.

Which are the latest news on Skyline Millars?

What does Skyline Millars do?

Skyline Millars Ltd is a micro-cap company in the realty industry, incorporated in 1919, with recent quarterly results showing no net profit and a market cap of INR 67 Cr. The company has a negative return on equity of -4.52% and a debt-equity ratio of -0.16.

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 are for March 2026, showing no net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 67 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 33<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.16<BR>Return on Equity: -4.52%<BR>Price-to-Book: 2.84<BR><BR>Contact Details:<BR>Address: Churchgate House 4th Floor, 32-34 Veer Nariman Road Fort Mumbai Maharashtra : 400001<BR>Phone: 91-022-22047471<BR>Email: shares@skylinemillarsltd.com<BR>Website: http://www.skylinemillarsltd.com

How big is Skyline Millars?

As of 10th June, Skyline Millars Ltd has a market capitalization of 67.00 Cr, with Net Sales of 1.92 Cr and a Net Profit loss of 1.06 Cr over the latest four quarters. Shareholder's Funds are 24.51 Cr and Total Assets are 26.02 Cr as of March 2025.

As of 10th June, Skyline Millars Ltd has a market capitalization of 67.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1.92 Cr. However, it faced a loss of 1.06 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 24.51 Cr and Total Assets were valued at 26.02 Cr.

Who are in the management team of Skyline Millars?

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, along with Neelam Shah as Company Secretary & Compliance Officer, bringing diverse expertise to the company.

The management team of Skyline Millars includes the following individuals:<BR><BR>1. **Vinod N Joshi** - Chairman & Independent Director<BR>2. **Maulik H Dave** - Whole-time Director<BR>3. **Ashok J Patel** - Non Executive Director<BR>4. **Jatin V Daisaria** - Non Executive Director<BR>5. **Shilipin K Tater** - Non Executive Director<BR>6. **Upen M Doshi** - Independent Director<BR>7. **Diana K. Dias** - Independent Director<BR>8. **Neelam Shah** - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise and leadership to the company.

Who are the peers of the Skyline Millars?

Skyline Millars' peers include Shervani Indl Sy, Shristi Infra, Vivid Mercantile, and others. Vivid Mercantile shows excellent management and growth, while Skyline Millars has below-average management risk and a 1-year return of -29.11%.

Peers: The peers of Skyline Millars are Shervani Indl Sy, Shristi Infra, Vivid Mercantile, Ansal Buildwell, Rodium Realty, Dhansafal Fin, Grovy India, Jamshri Realty, and Modipon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vivid Mercantile and the rest have Below Average management risk, including Shristi Infra, Ansal Buildwell, Skyline Millars, Rodium Realty, Dhansafal Fin, Grovy India. Growth is Excellent at Vivid Mercantile and Rodium Realty, while Below Average growth is found at Shervani Indl Sy, Shristi Infra, Ansal Buildwell, Skyline Millars, and the rest. Good capital structure is noted at Shervani Indl Sy and Grovy India, Average at Ansal Buildwell, and Below Average at Skyline Millars, Rodium Realty, Dhansafal Fin, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Grovy India at -6.53%, while the peer with the lowest is Shervani Indl Sy at -32.01%. Skyline Millars has a 1-year return of -29.11%, which is better than Shervani Indl Sy but worse than Grovy India. Additionally, Dhansafal Fin and Jamshri Realty have negative six-month returns.

Are Skyline Millars Ltd latest results good or bad?

Skyline Millars Ltd's latest results are concerning, showing a net loss of -₹0.46 crore in Q4 FY26, with zero revenue and five consecutive quarters of losses. The company's financial metrics indicate poor capital efficiency and a precarious operational position, making the results clearly bad.

The latest results for Skyline Millars Ltd are quite concerning. In Q4 FY26, the company reported a net profit of -₹0.46 crore, indicating a loss compared to a profit of ₹0.27 crore in the same quarter last year. Additionally, the revenue for this quarter was zero, marking a catastrophic 100% decline both quarter-on-quarter and year-on-year. This complete absence of revenue raises serious questions about the company's operational viability.<BR><BR>The financial metrics also reveal weak capital efficiency, with an average Return on Equity (ROE) of just 1.33%, and a negative Return on Capital Employed (ROCE) of -4.71%. These figures suggest that the company is not effectively utilizing its capital and is actually destroying value rather than creating it.<BR><BR>Overall, the results reflect a severe operational crisis, with five consecutive quarters of losses and no signs of recovery. The stock is currently trading significantly below its 52-week high, and technical indicators suggest a bearish trend. Given these factors, the latest results can be characterized as bad, indicating a precarious financial position for Skyline Millars.

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 22 April 2026.

The next results date for Skyline Millars Ltd is scheduled for 22 April 2026.

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.

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.

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.

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.