Sky Industries (BSE: SKYIND) had a P/E of 11.3× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 32% below their 52-week high. It earns ROCE of 13% and ROE of 13%, and sales and net profit grew 4.8% and 51% a year over 3 years. Its dividend yield is 1.1%, and debt is 0.64× equity. It is a small-cap company with a market cap of ₹73 Cr, ranked 139th of 246 Textile Manufacturing companies by market cap; the shares rose 3.2% over the past year.
- ₹93.01
- ₹94.00
- ₹90.20
- ₹94.56
- 2.9K
Health check
- ReturnsBehind
+3.2% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 11.3 vs industry 17.0.
- GrowthStrong
Sales +4.8%, profit +50.8% a year over 3 years.
- ProfitabilityAverage
ROCE 13.4% vs peer median 10.7%.
- Balance sheetFair
Debt 0.64× equity, interest covered 7.8×, Piotroski 4 of 9.
- Red flags2 to check
Quarterly sales down 0.4% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹73 Cr
- Small cap
- P/E
- 11.3
- Industry 17.0
- Price to book
- 1.45
- Peers 3.81
- Dividend yield
- 1.06%
- ROE
- 12.7%
- Peers 10.1%
- ROCE
- 13.4%
- Peers 10.7%
- Debt to equity
- 0.64
- Debt ₹32 Cr
- EPS (TTM)
- ₹8.18
- OPM (TTM)
- 13.7%
- Net margin 7.5%
- Sales growth
- −0.4%
- Latest quarter vs a year ago
- Profit growth
- +38.0%
- Latest quarter vs a year ago
- Price to sales
- 0.85
- EV/EBITDA 9.2
Strengths and risks
Strengths
- Quarterly profit up 38.0% on a year ago.
- P/E of 11.3 against an industry P/E of 17.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly sales down 0.4% on a year ago.
- 32% below its 52-week high.
About Sky Industries
Sky Industries Limited manufactures, markets, and sells narrow woven fabrics in India. The company offers hook and loop; pressure sensitive adhesives, such as rubber based self-adhesive hook and loop, regular rubber based self adhesive hook and loop, adhesive coins, adhesive piece cuts, adhesive mated piece cuts, and adhesive score cuts; speciality products, including moulded and injection hook, knit loop and velour, back to back tapes, elasticated loop…
- Headquarters
- Mumbai
- Employees
- 85
- Sector
- Consumer Cyclical
- ISIN
- INE765B01018
- Website
- skycorp.in
Price range
- Avg volume (3M)
- 3K
- 1-year return
- plus 3.2%
- From 52-week high
- minus 32.0%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| SKYINDSky Industries | 92.49 | minus 2.19% | 73 | 11.3 | 1.45 | 13.4% | 12.7% | 13.7% | 4.8% | 50.8% | 1.06% | plus 3.2% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 19.2 | 24.9 | 21.2 | 21.1 | 19.2 | |
| 17.6 | 21.8 | 18.3 | 17.4 | 17.1 | |
| 1.6 | 3.1 | 2.9 | 3.7 | 2.1 | |
| 8.3% | 12.5% | 13.8% | 17.5% | 10.8% | |
| 0.4 | 0 | 0.2 | −0.4 | 0.5 | |
| 0.2 | 0.3 | 0.4 | 0.3 | 0.2 | |
| 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | |
| – | – | −0.3 | 0 | – | |
| 1.3 | 2.3 | 1.9 | 2.5 | 1.8 | |
| 22.4% | 25.6% | 23.2% | 24.6% | 22.8% | |
| 1 | 1.7 | 1.5 | 1.9 | 1.4 | |
| 1.27 | 2.19 | 1.84 | 2.43 | 1.74 |
Profit & loss
- Sales CAGR 3Y
- +4.8%
- Profit CAGR 3Y
- +50.8%
- EPS CAGR 3Y
- +50.4%
- ROE
- 12.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 74.4 | 81 | 83.4 | 85.7 | |
| – | +8.9% | +2.9% | +2.8% | |
| 68.9 | 73.3 | 74 | 73.9 | |
| 5.5 | 7.7 | 9.3 | 11.8 | |
| 7.4% | 9.5% | 11.2% | 13.8% | |
| −0.1 | 0.5 | 0.7 | −0.1 | |
| 1.6 | 1.3 | 1 | 1.2 | |
| 1.7 | 1.7 | 1.8 | 2.2 | |
| 0.2 | 0.7 | 0.7 | −0.4 | |
| 2.3 | 6 | 7.8 | 8 | |
| 24.3% | 23.6% | 25.3% | 24.0% | |
| 1.8 | 4.5 | 5.9 | 6.1 | |
| – | +156.8% | +28.9% | +3.7% | |
| 2.26 | 5.77 | 7.42 | 7.69 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.9 | 7.9 | 7.9 | 7.9 | |
| 28.5 | 32.3 | 37.2 | 42.6 | |
| 13.8 | 12.8 | 11.8 | 32.3 | |
| 9.2 | 9.6 | 8.1 | 8.5 | |
| 59.3 | 62.5 | 65 | 91.3 | |
| 11.6 | 11.7 | 18.4 | 41.1 | |
| 0.2 | 0.2 | 7.6 | 29.9 | |
| 4 | 5.6 | 5.4 | 3.9 | |
| 3.1 | 3.1 | 0.5 | 1 | |
| 40.4 | 41.9 | 33.1 | 15.4 | |
| 59.3 | 62.5 | 65 | 91.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.8 | 9.5 | 4.9 | 5.7 | |
| −0.8 | −6.2 | −2 | −22.7 | |
| −0.9 | −3.1 | −2.9 | 17.1 | |
| 0.2 | 0.2 | 0 | 0.2 | |
| −0.8 | −1.9 | −8.7 | −23.7 | |
| 1 | 7.5 | −3.9 | −18 | |
| – | −0.8 | −0.8 | −0.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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