Announcement • Apr 13
Skyline Millars Limited to Report Q4, 2026 Results on Apr 22, 2026 Skyline Millars Limited announced that they will report Q4, 2026 results on Apr 22, 2026 Announcement • Jan 27
Skyline Millars Limited to Report Q3, 2026 Results on Feb 04, 2026 Skyline Millars Limited announced that they will report Q3, 2026 results on Feb 04, 2026 New Risk • Dec 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹891.4m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m (₹36m revenue, or US$397k). Market cap is less than US$10m (₹891.4m market cap, or US$9.92m). New Risk • Nov 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m (₹29m revenue, or US$324k). Minor Risk Market cap is less than US$100m (₹1.17b market cap, or US$13.2m). Announcement • Nov 04
Skyline Millars Limited to Report Q2, 2026 Results on Nov 12, 2025 Skyline Millars Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 12, 2025 New Risk • Oct 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m (₹29m revenue, or US$323k). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₹1.04b market cap, or US$11.7m). Announcement • Aug 26
Skyline Millars Limited, Annual General Meeting, Sep 24, 2025 Skyline Millars Limited, Annual General Meeting, Sep 24, 2025, at 15:00 Indian Standard Time. Announcement • Jul 21
Skyline Millars Limited to Report Q1, 2026 Results on Aug 06, 2025 Skyline Millars Limited announced that they will report Q1, 2026 results on Aug 06, 2025 Announcement • Apr 25
Skyline Millars Limited to Report Q4, 2025 Results on May 08, 2025 Skyline Millars Limited announced that they will report Q4, 2025 results on May 08, 2025 New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹789.2m market cap, or US$9.22m). Announcement • Jan 24
Skyline Millars Limited to Report Q3, 2025 Results on Feb 10, 2025 Skyline Millars Limited announced that they will report Q3, 2025 results on Feb 10, 2025 New Risk • Jan 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹724.0m market cap, or US$8.45m). New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹685.4m market cap, or US$8.11m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Nov 06
Skyline Millars Limited to Report Q2, 2025 Results on Nov 14, 2024 Skyline Millars Limited announced that they will report Q2, 2025 results at 3:30 PM, Indian Standard Time on Nov 14, 2024 New Risk • Sep 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹821.4m (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹821.4m market cap, or US$9.78m). Announcement • Aug 29
Skyline Millars Limited, Annual General Meeting, Sep 26, 2024 Skyline Millars Limited, Annual General Meeting, Sep 26, 2024, at 15:00 Indian Standard Time. Announcement • Aug 02
Skyline Millars Limited to Report Q1, 2025 Results on Aug 12, 2024 Skyline Millars Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Announcement • Jul 12
Skyline Millars Limited to Report Q1, 2025 Results on Jul 26, 2024 Skyline Millars Limited announced that they will report Q1, 2025 results on Jul 26, 2024 New Risk • Oct 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹393.4m market cap, or US$4.73m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Announcement • Oct 06
Skyline Millars Limited to Report Q2, 2024 Results on Oct 18, 2023 Skyline Millars Limited announced that they will report Q2, 2024 results at 3:30 PM, Indian Standard Time on Oct 18, 2023 Announcement • Sep 03
Skyline Millars Limited, Annual General Meeting, Sep 27, 2023 Skyline Millars Limited, Annual General Meeting, Sep 27, 2023, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2023 together with the Reports of the Board of Directors and the Auditors thereon; to appoint a Director in place of Mr. Ashok Patel, who retires by rotation and being eligible, offers himself for re-appointment; to appoint a Director in place of Mr. Jatin Daisaria, who retires by rotation and being eligible, offers herself for re-appointment; to consider re-appointment of Mr. Maulik Dave as a Whole-time Director; and to approve the adoption of the new set of Articles of Association of the Company. New Risk • Aug 05
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m (₹84k revenue, or US$1.0k). Market cap is less than US$10m (₹456.5m market cap, or US$5.52m). Reported Earnings • May 14
Full year 2023 earnings released: ₹0.40 loss per share (vs ₹0.21 profit in FY 2022) Full year 2023 results: ₹0.40 loss per share (down from ₹0.21 profit in FY 2022). Net loss: ₹16.1m (down 294% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 25
Third quarter 2023 earnings released: ₹0.085 loss per share (vs ₹0.054 loss in 3Q 2022) Third quarter 2023 results: ₹0.085 loss per share (further deteriorated from ₹0.054 loss in 3Q 2022). Net loss: ₹3.63m (loss widened 105% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings. Announcement • Jan 18
Skyline Millars Limited to Report Q3, 2023 Results on Jan 24, 2023 Skyline Millars Limited announced that they will report Q3, 2023 results on Jan 24, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.15 loss per share (vs ₹0.34 profit in 2Q 2022) Second quarter 2023 results: ₹0.15 loss per share (down from ₹0.34 profit in 2Q 2022). Net loss: ₹5.72m (down 140% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Woman Director Diana Dias was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹0.15 loss per share (vs ₹0.34 profit in 2Q 2022) Second quarter 2023 results: ₹0.15 loss per share (down from ₹0.34 profit in 2Q 2022). Net loss: ₹5.72m (down 140% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Announcement • Nov 06
Skyline Millars Limited to Report Q2, 2023 Results on Nov 11, 2022 Skyline Millars Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Announcement • Oct 29
Skyline Millars Limited, Annual General Meeting, Nov 22, 2022 Skyline Millars Limited, Annual General Meeting, Nov 22, 2022, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 together with the Reports of the Board of Directors and the Auditors thereon; to appoint a Director in place of Mr. Shilpin Tater (DIN: 02820572), who retires by rotation and being eligible, offers himself for re-appointment; to appoint a Director in place of Mr. Maulik Dave (DIN: 01448536), who retires by rotation and being eligible, offers herself for re-appointment; and to discuss other matters. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.98, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 27x in the Real Estate industry in India. Total returns to shareholders of 278% over the past three years. Announcement • Jul 20
Skyline Millars Limited Announces Resignation of Soha Shirke as Director Skyline Millars Limited announced the resignation of Ms. Soha Shirke as Non-Executive, Non-Independent Director of the Company has vide her resignation letter dated July 18, 2022, resigned from the Board of the Company with immediate effect. Reported Earnings • Jul 20
First quarter 2023 earnings released: ₹0.045 loss per share (vs ₹0.045 loss in 1Q 2022) First quarter 2023 results: ₹0.045 loss per share (vs ₹0.045 loss in 1Q 2022). Net loss: ₹1.75m (loss narrowed 6.5% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 14
Skyline Millars Limited to Report Q1, 2023 Results on Jul 19, 2022 Skyline Millars Limited announced that they will report Q1, 2023 results at 12:00 PM, Indian Standard Time on Jul 19, 2022 Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹9.87, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 26x in the Real Estate industry in India. Total returns to shareholders of 238% over the past three years. Announcement • May 14
Skyline Millars Limited Announces Resignation of Tarak Patel as Non-Executive, Non-Independent Director Skyline Millars Limited announced the resignation of Mr. Tarak Patel as Non-Executive, Non-Independent Director of the Company, effective from 11 May, 2022. Announcement • May 03
Skyline Millars Limited to Report Q4, 2022 Results on May 12, 2022 Skyline Millars Limited announced that they will report Q4, 2022 results on May 12, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Non-Executive Independent Director Niranjan Jagtap was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Mar 30
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 44%. The fair value is estimated to be ₹13.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Earnings per share has grown by 38%. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹11.78, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 520% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.054 loss per share (down from ₹0.31 profit in 3Q 2021). Revenue: ₹1.07m (down 95% from 3Q 2021). Net loss: ₹1.77m (down 114% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹16.50, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 37x in the Real Estate industry in India. Total returns to shareholders of 717% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 24% share price gain to ₹17.50, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 390% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 18% share price gain to ₹11.34, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 158% over the past three years. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS ₹0.34 (vs ₹0.46 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹17.8m (down 8.3% from 2Q 2021). Net income: ₹14.2m (down 23% from 2Q 2021). Profit margin: 80% (down from 96% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹10.78, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 272% over the past three years. Reported Earnings • Aug 09
First quarter 2022 earnings released: ₹0.045 loss per share (vs ₹0.028 loss in 1Q 2021) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: ₹32.0k (up 88% from 1Q 2021). Net loss: ₹1.87m (loss widened 98% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 25% share price gain to ₹14.83, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 356% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 24% share price gain to ₹11.33, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 278% over the past three years. Reported Earnings • May 30
Full year 2021 earnings released: EPS ₹0.68 (vs ₹0.27 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹49.2m (up 29% from FY 2020). Net income: ₹27.5m (up 155% from FY 2020). Profit margin: 56% (up from 28% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₹9.08, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 148% over the past three years. Is New 90 Day High Low • Mar 16
New 90-day high: ₹8.62 The company is up 2.0% from a price of ₹8.48 on 16 December 2020. Underperformed the Indian market, which is up 13% over the last 90 days. Lagged the Machinery industry, which is up 25% over the same period. Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS ₹0.31 (vs ₹0.067 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹21.9m (up ₹19.7m from 3Q 2020). Net income: ₹12.7m (up ₹15.4m from 3Q 2020). Profit margin: 58% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jan 19
Skyline Millars Limited to Report Q3, 2021 Results on Feb 03, 2021 Skyline Millars Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 18% share price gain to ₹5.30, the stock is trading at a trailing P/E ratio of 41.4x, up from the previous P/E ratio of 35.2x. This compares to an average P/E of 21x in the Machinery industry in India. Total returns to shareholders over the past three years are 45%. Is New 90 Day High Low • Dec 01
New 90-day high: ₹5.05 The company is up 2.0% from its price of ₹4.93 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 18% share price gain to ₹4.27, the stock is trading at a trailing P/E ratio of 33.4x, up from the previous P/E ratio of 28.2x. This compares to an average P/E of 20x in the Machinery industry in India. Total returns to shareholders over the past three years are 24%. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of ₹5.20m, down 41% from the prior year. Total revenue was ₹27.2m over the last 12 months, down 47% from the prior year. Announcement • Jul 17
Skyline Millars Limited to Report Q4, 2020 Results on Jul 14, 2020 Skyline Millars Limited announced that they will report Q4, 2020 results on Jul 14, 2020 