Skyways Air Services Limited (NSE:SKYWAYS)

Skyways Air Services Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	1,282	1,412	701.51	548.04	1,412
Short-Term Investments	675.06	253.95	-	843.76	-
Trading Asset Securities	282.39	266.15	195.24	-	-
Cash & Short-Term Investments	2,240	1,932	896.75	1,392	1,412
Cash Growth	15.90%	115.48%	-35.57%	-1.45%	36.91%
Accounts Receivable	5,839	4,595	3,193	1,552	2,445
Other Receivables	21.13	24.86	8.6	-	0.43
Receivables	5,872	4,629	3,206	1,560	2,459
Inventory	7.93	7.17	4.07	-	3.91
Prepaid Expenses	48.09	31.06	14.96	5.5	2.48
Other Current Assets	2,615	2,911	1,708	263.07	323.03
Total Current Assets	10,782	9,511	5,831	3,220	4,201
Property, Plant & Equipment	1,989	1,608	1,056	535.22	388.55
Long-Term Investments	46.44	34.14	3.75	375.65	42.38
Goodwill	986.6	938.15	174.85	44.78	-
Other Intangible Assets	295.05	283.51	227.57	124.48	12.47
Long-Term Deferred Tax Assets	67.98	2.77	33.84	8.99	12.51
Long-Term Deferred Charges	75.76	25.35	11	-	1.88
Other Long-Term Assets	839.66	813.93	566.15	134.4	19.01
Total Assets	15,082	13,216	7,904	4,443	4,678

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	3,445	2,454	2,094	1,187	1,722
Accrued Expenses	225.55	223.84	118.51	64.36	58.75
Short-Term Debt	4,522	3,984	2,676	1,512	1,461
Current Portion of Long-Term Debt	652.39	541.48	223.53	46.21	-
Current Portion of Leases	19.85	22.48	17.69	-	-
Current Income Taxes Payable	17.73	17.62	7.81	29.16	178.92
Current Unearned Revenue	60.28	35.24	20.77	-	-
Other Current Liabilities	45.82	845.29	115.76	27.61	24.81
Total Current Liabilities	8,989	8,124	5,273	2,866	3,445
Long-Term Debt	1,072	1,059	674.29	192.43	173.27
Long-Term Leases	4.71	43	45.05	-	-
Pension & Post-Retirement Benefits	55.93	48.55	34.54	16.19	8.86
Other Long-Term Liabilities	13.64	18.49	15.68	6.3	9.96
Total Liabilities	10,135	9,293	6,043	3,080	3,637

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	1,164	1,124	104.37	104.37	21.88
Additional Paid-In Capital	995.3	594.68	53.44	53.44	25.94
Retained Earnings	1,141	739.89	1,380	1,148	966.28
Comprehensive Income & Other	26.01	12.57	5.18	8.38	-
Total Common Equity	3,326	2,471	1,543	1,314	1,014
Minority Interest	1,621	1,452	317.98	48.86	26.92
Shareholders' Equity	4,947	3,923	1,861	1,363	1,041
Total Liabilities & Equity	15,082	13,216	7,904	4,443	4,678

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	6,271	5,650	3,636	1,750	1,634
Net Cash (Debt)	-4,031	-3,717	-2,739	-358.44	-221.51
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-35.04	-35.21	-25.94	-3.57	-10.13
Filing Date Shares Outstanding	116.45	112.43	104.36	104.36	21.88
Total Common Shares Outstanding	116.45	112.43	104.36	104.36	21.88
Working Capital	1,793	1,386	557.36	354.4	756.3
Book Value Per Share	28.57	21.98	14.78	12.59	46.36
Tangible Book Value	2,045	1,250	1,140	1,145	1,002
Tangible Book Value Per Share	17.56	11.12	10.93	10.97	45.79
Land	433.88	231.97	231.97	171.08	159.71
Buildings	242.89	311.97	75.41	-	-
Machinery	743.65	671.8	432.25	467.22	401.37
Construction In Progress	751.28	443.84	295.74	104.7	11.81
Leasehold Improvements	34.7	31.43	23.25	2.08	-

Data Source: S&P Global Market Intelligence Last updated: Aug 12, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 6, 2026

Data Sources Report a data error