Skyline Millars Ltd - Stock Valuation and Financial Performance

BSE: 505650 | NSE: | Construction - Real Estate | Small Cap

Skyline Millars Share Price

16.60 -0.28 -1.66%
as on 11-Apr'25 16:59

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Skyline Millars stock performance -

P/E Ratio (SA):
0.00
Market Cap:
66.8 Cr.
52-wk low:
13.9
52-wk high:
31.6

Is Skyline Millars Ltd an attractive stock to invest in?


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10 Year X-Ray of Skyline Millars: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Skyline Millars Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -8.1%-6.4%1.4%-7.7%1.7%7.9%12%3%-6%-3.8%-
Value Creation
Index
-1.6-1.5-0.9-1.6-0.9-0.4-0.2-0.8-1.4-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6.28.82.134.53.84.200.200
Sales YoY Gr.-41.8%-76.5%47.6%48%-15.6%11.6%-100%NA-100%-
Adj EPS -1.2-0.9-1.7-0.30.20.20.70.2-0.4-0.2-0.2
YoY Gr.-NANANANA43.8%195.7%-69.1%-290.5%NA-
BVPS (₹) 98.26.85.95.96.16.76.96.46.26
Adj Net
Profit
-4.9-3.5-7-1.20.70.92.80.8-1.6-1-1
Cash Flow from Ops. -2.10.4-0.6-3.22.733.50.5-1.7-1.3-
Debt/CF from Ops. -2.513-3.3-0.7000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS NA-208.5%-170.7%NA
BVPS-4.2%1%-2.7%-3.9%
Share Price 14% 46.5% -1% 0.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-12.5-10.1-23.4-4.82.83.910.73-6-3.8-2.6
Op. Profit
Mgn %
-51.2-21.2-520.3-19.419.916.157.10-1350.40NAN
Net Profit
Mgn %
-78.7-39.8-340.1-40.414.524.864.80-1069.30-INF
Debt to
Equity
0.20.20.10.1000000-
Working Cap
Days
1,6151,1534,8753,4242,0212,1171,571038,70800
Cash Conv.
Cycle
3781741,5561,8091,1861,3111,122030,44700

Recent Performance Summary

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Latest Financials - Skyline Millars Ltd.

Standalone Consolidated
TTM EPS (₹) -0.2 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 6 -
Reserves (₹ Cr.) 20 -
P/BV 2.75 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 13.90 / 31.60
All Time Low / High (₹) 0.15 / 31.60
Market Cap (₹ Cr.) 66.8
Equity (₹ Cr.) 4
Face Value (₹) 1
Industry PE 59.6

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 0.2 33.30.1 -33.30.2 -15.40.2 -15.4
Adj EPS (₹) 0.1 1750 N/A0 -71.40 -60
Op. Profit Mgn % 2.95 1859 bps-27.78 -231 bps2.33 774 bps-10.65 -1065 bps
Net Profit Mgn % 21.52 1146 bps6.94 1071 bps5.12 -724 bps8.33 -1006 bps

Management X-Ray of Skyline Millars:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:71.38%Institutions:0%Non-Institutions:28.62%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%20%40%60%80%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Skyline Millars

MRP
spaceLock icon
MOS
spaceLock icon%
DP
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Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of Skyline Millars

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Dilip Buildcon 441.9 12.1 (2.8%) Small Cap 12,012 32.5 -0.3 13.2 1.3
NBCC (India) 89.2 2.1 (2.4%) Small Cap 8,051 1.6 7.1 53.3 9.6
Ahluwalia Contract(I 861.4 35.5 (4.3%) Small Cap 3,855 47.5 6.2 17.4 3.2
Sobha 1,126.5 18.1 (1.6%) Small Cap 3,092 6.4 1.5 173.9 3.5
PSP Projects 634.7 -1.4 (-0.2%) Small Cap 2,462 16.8 5 37.8 2.1
Welspun Enterprises 488 14.4 (3%) Small Cap 2,450 20.8 11.6 22.8 2.5
Brigade Enterprises 933 25.2 (2.8%) Small Cap 2,024 16.7 15.7 54.4 3.8
Capacite Infraproj. 360.9 8.3 (2.4%) Small Cap 1,868 21.5 6.2 16.4 1.8
Kolte-Patil Develop. 330.4 2.3 (0.7%) Small Cap 1,371 1.9 -5 176.1 3.3
RPP Infra Projects 155.8 3.2 (2.1%) Small Cap 1,332 15.1 4.9 10.1 1.5
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales6.178.752.063.044.503.804.2400.150
Operating Expenses 9.3410.603.553.634.312.251.821.232.181.40
Manufacturing Costs0.971.901.162.451.010.250.150.120.671.26
Material Costs3.344.300.29-0.560.770.270.730-0.10-1.02
Employee Cost 1.381.170.750.580.540.360.290.340.320.30
Other Costs 3.643.231.351.1621.360.650.771.300.87
Operating Profit -3.16-1.86-1.49-0.590.191.552.42-1.23-2.03-1.40
Operating Profit Margin (%) -51.2%-21.2%-72.0%-19.4%4.1%40.8%57.1%--1,350.4%-
Other Income 0.690.312.170.070.380.360.682.070.430.46
Interest 0.840.800.240.100.2500000
Depreciation 1.030.990.210.190.160.030.030.020.010.01
Exceptional Items 000-1.42000000
Profit Before Tax -4.35-3.330.24-2.220.161.883.070.83-1.61-0.95
Tax 0.420.14-2.050000.32000
Profit After Tax -4.77-3.482.29-2.220.161.882.750.83-1.61-0.95
PAT Margin (%) -77.3%-39.8%111.1%-73.1%3.5%49.6%64.8%--1,069.3%-
Adjusted EPS (₹)-1.2-0.90.6-0.60.00.50.70.2-0.4-0.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 36.3132.8327.1523.7523.5324.4726.8627.6125.7724.77
Share Capital 4.024.024.024.024.024.024.024.024.024.02
Reserves 32.2928.8123.1319.7319.5120.4522.8423.5921.7420.75
Minority Interest0000000000
Debt4.284.230.012.17000000
Long Term Debt2.962.1800000000
Short Term Debt1.322.050.012.17000000
Trade Payables1.430.900.030.03000000
Others Liabilities 7.817.806.062.191.871.520.700.831.302.45
Total Liabilities 49.8245.7533.2528.1425.402627.5728.4427.0627.23

Fixed Assets

Gross Block20.0620.142.272.272.222.220.440.400.400.43
Accumulated Depreciation2.503.490.560.750.881.010.160.140.150.16
Net Fixed Assets17.5616.651.711.521.351.210.280.260.250.27
CWIP 0.090.1200000000
Investments 0.030.030.040.050.040.390.010.0100
Inventories4.771.8014.1414.6013.6213.1712.4512.4712.5713.59
Trade Receivables32.410.910.690.350.130.280.0700
Cash Equivalents 2.331.910.520.250.503.877.668.557.726.86
Others Assets22.0422.8415.9311.039.547.226.897.096.516.50
Total Assets 49.8245.7533.2528.1425.402627.5728.4427.0627.23

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -2.120.41-0.64-3.182.653.043.490.51-1.67-1.26
PBT -4.35-3.33-7.95-3.41-0.210.952.710.74-1.84-0.99
Adjustment 2.062.196.330.720.690.70-0.24-0.350.09-0.45
Changes in Working Capital 0.21.621.01-0.472.281.350.980.10.020.18
Tax Paid -0.03-0.07-0.03-0.01-0.100.050.030.020.070
Cash Flow From Investing Activity 0.09-0.043.102.970.020.330.300.371.531.69
Capex -0.10-0.082.832.960.020.010.0400-0.03
Net Investments 0.280.060.21000.03000.691.29
Others -0.09-0.020.060.010.010.290.260.370.840.42
Cash Flow From Financing Activity 0.01-0.78-3.81-0.06-2.4200000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-0.78-1.19-3.67-2.6300000
Interest Paid -0.84-0.74-0.57-0.06-0.7500000
Dividend Paid 0000000000
Others 0.840.73-2.043.670.9600000
Net Cash Flow -2.02-0.42-1.35-0.270.253.373.790.88-0.140.43
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-12.33-10.067.64-8.720.667.8510.73.04-6.03-3.76
ROCE (%)-8.05-6.351.41-7.71.657.8511.963.03-6.03-3.76
Asset Turnover Ratio0.130.190.050.10.170.150.1600.010
PAT to CFO Conversion(x)N/AN/A-0.28N/A16.561.621.270.61N/AN/A
Working Capital Days
Receivable Days164110279964223180880
Inventory Days3141331,3391,7171,1451,2881,104000
Payable Days18499592-18610000

Skyline Millars Ltd Stock News

Skyline Millars Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Skyline Millars on 11-Apr-2025 16:59 is ₹16.60.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Apr-2025 16:59 the market cap of Skyline Millars stood at ₹66.77.
The latest P/E ratio of Skyline Millars as of 11-Apr-2025 16:59 is 0.00.
The latest P/B ratio of Skyline Millars as of 11-Apr-2025 16:59 is 2.75.
The 52-week high of Skyline Millars is ₹31.60 and the 52-week low is ₹13.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Skyline Millars is ₹0.00 ( Cr.) .

About Skyline Millars Ltd

Skyline Millars (SML) formerly Millars India Limited, was incorporated as The ACME Manufacturing Company Limited on November 28,1919 under the Indian Companies Act, 1913. Its name was changed to Millars India Limited on January 4, 2002. The company’s registered office is at 24, Kurla – Kirol Road, Ghatkopar (West), Mumbai – 400 086.

The company was promoted by the Walchand Group; Ashok Patel son of J.V.Patel acquired the shares from Walchand Group and took over the management in 1972. Khandelwal Udyog Limited a manufacturer of EOT cranes & millars timber and a trading company were acquired by J.V. Patel in 1969 and 1970 respectively. Khandelwal Udyog Limited was merged with The ACME Manufacturing Company Limited with effect from October 1, 1974 as per the order of the Bombay High Court dated August 13, 1976.

The running business of construction machinery of Millars Machinery Company Private Limited was taken over by the company in 1984. Ashok J. Patel was the managing director of the company from 1974 to 1984 and thereafter he became the chairman of the company and continues to be the chairman of the company. He is also the managing director of GMM Pfaudler Limited .

The main activities of the company are manufacturing of construction equipment and EOT cranes. It has recently entered into property development business. The company’s manufacturing activities which were being carried out at its unit at Ghatkopar, Mumbai have been fully shifted since October, 2003 from Ghatkopar, Mumbai to its works at Karamsad, Gujarat.

The company continued to make operating profits and net profits up to 1994-95. It started incurring operating losses from 1995-96. Due to recession in the capital goods industry and high labour cost at Ghatkopar, Mumbai, the crane manufacturing activity at Ghatkopar started incurring losses from 1996 and thereafter due to continuous losses in the company for four years, it was declared as a sick industrial undertaking by the Board for Industrial and Financial Reconstruction (BIFR). BIFR sanctioned a scheme of Rehabilitation in 2001 appointing Bank of India as a monitoring agency.

As a rehabilitation measure, the company shifted its manufacturing activities from Ghatkopar, Mumbai to Karamsad, Gujarat in October, 2003 and entered into joint development agreement for its Ghatkopar property with M/s Skyline Vision Private Limited. The company adopted various other rehabilitation measures which has resulted in its net worth becoming positive from 2003-04. Consequently, as per the summary record of the proceedings of the review hearing held on October 17, 2006, the BIFR has discharged the company from the purview of the Sick Industrial Companies ( Special Provisions ) Act, 1985 / BIFR. Accordingly, SML is no longer a “Sick” company.

The company is listed on the Bombay Stock Exchange and Ahemadabad Stock exchange since 1984.

Business area of the company:

The company is mainly engaged in manufacturing of construction equipment and EOT cranes

  • Tilting drum Mixer
  • High Speed Pan Mixer
  • Reversing Drum Mixer
  • HL- BW Concrete Mixer
  • Concrete Pump Trailor Mounted
  • Truck Mixer with Pump & Placing Boom
  • Concrete Batching Plant
  • Cement Storage & Handling System
  • Builder Hoist Inclined or Vertical

The company has also taken up property development business and is building Skyline Oasis, near Vidyavihar Staion, Mumbai

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