Sky Industries Ltd
Sky Industries Ltd: Steady Growth & Strong Financials 📊
- Revenue grew from ₹74 Cr (FY23) to ₹84 Cr (FY25).
- PAT for FY25 stood at ₹5.85 Cr with margins of 6.95%.
- Operating income for FY25 was ₹84.23 Cr.
- Operating profitability fluctuated between 7%-12% due to raw material volatility.
- Gearing at 0.26x & TOLANW ratio at 0.44x (March 2025).
- Bank limit utilization low (~39%) with strong liquidity.
- CRISIL reaffirmed ratings: 'CRISIL BBB-/Stable' (Long Term) & 'CRISIL A3' (Short Term).
- 25+ years in hook & loop industry, serving 800+ customers.
- Highly fragmented market with unorganized sector competition.