Governance Positive

2026-11-07 16:04

- Board Meeting scheduled on Saturday, November 14, 2026. - To consider and approve Q2/H1 FY27 unaudited Standalone and Consolidated Financial Results. - To consider declaration of Second Interim Dividend for FY 2026-27. - Trading window remains closed until 48 hours after result declaration.

Business Update Positive

2026-11-06 19:47

Skyways Air Services Limited has renewed its Global Annual Agreement with Qatar Airways Group Q.C.S.C. - Effective Date: January 1, 2026 - Term: 1 year - Purpose: To further increase mutual air cargo volumes handled - Transaction done at arm's length in the ordinary course of business

Governance Negative

2026-11-03 13:33

CRITICAL RED FLAG DETECTED

- Mr. Kamal Kant Virthare has resigned as Associate Vice President - Human Resource (HR) and Senior Management Personnel of Skyways Air Services Limited. - The resignation is effective from the close of business hours on October 31, 2026. - Reason for resignation is to pursue opportunities for professional growth and development.

Business Update Positive

2026-10-30 13:01

- Skyways Air Services Limited received the Top Partner Pan India Award 2025–2026 from Singapore Airlines Cargo. - The award recognizes the company's service excellence, operational reliability, and strong nationwide presence in the air cargo industry. - Presented by senior representatives of Singapore Airlines Cargo and received by Mr. Rohit Sehgal (Whole-Time Director) and Mr. Shankar Sawant (VP – Air Exports) on behalf of Skyways.

Business Update Positive

2026-10-29 20:05

- Skyways Air Services Limited has made a further investment of up to AED 1,203,840 (approx. INR 3.13 crores) in its foreign subsidiary, Skyways SLS Cargo Services LLC, Dubai. - The investment is made by subscribing to 198 additional equity shares for working capital requirements. - The target company operates in the integrated logistics and freight forwarding sector, with a FY 2025-26 turnover of INR 39.39 crores.

Business Update Positive

2026-10-28 18:31

- Brace Port Logistics Limited (material subsidiary) to acquire 76% equity stake in Sageroute Logistics Private Limited. - Aggregate purchase consideration not exceeding ₹76,000 plus subsequent capital infusion of ₹75,24,000. - Sageroute Logistics will become a step-down subsidiary of Skyways Air Services Limited. - Acquisition aims to expand business operations, explore new opportunities, and create operational synergies. - Target company is newly incorporated (July 28, 2026) in the logistics and supply chain sector with no historical turnover.

Business Update Positive

2026-10-26 08:57

- Skyways Air Services increased its India air exports market share to 6.3% in Q2 FY27, up from 6.2% in the preceding quarter. - The company advanced its global ranking to 42nd (up from 44th) according to WorldACD Market Data. - Growth was driven by high-yield verticals like pharmaceuticals, auto components, and electronics, alongside the Skyways 2.0 digital strategy.

Business Update Positive

2026-10-15 21:46

- Skyways Air Services approved the disinvestment of a 40% stake in its subsidiary, Avito Global Freight, to its core operating team for ₹92.12 Lakhs. - Avito Global Freight will incorporate a wholly-owned step-down subsidiary in Masdar City Free Zone, Abu Dhabi, with an investment of up to ₹7 Crores. - The company approved issuing a corporate guarantee of up to VND 30 Billion (~₹11.00 Crore) to Techcombank on behalf of its Vietnamese subsidiary, Skyways SLS Logistik.

Business Update Positive

2026-10-15 21:46

- Skyways Air Services approved the disinvestment of 40% shareholding in its subsidiary, Avito Global Freight Private Limited, to its core operating team for Rs. 92.12 Lakhs. - The company approved incorporating a wholly-owned subsidiary of Avito Global Freight Private Limited in Masdar City Free Zone, Abu Dhabi. - Approved providing a corporate guarantee of up to VND 30,000,000,000 (approx. INR 11.00 Crore) to Techombank on behalf of its Vietnam subsidiary, Skyways SLS Logistik Company Limited.

Business Update Positive

2026-10-15 21:28

- Skyways Air Services approved the disinvestment of 40% shareholding in its subsidiary, Avito Global Freight, to its core operating team for Rs. 92.12 Lakhs. - Avito Global Freight will remain a subsidiary with a 60% holding, and will further incorporate a wholly-owned subsidiary in Masdar City, UAE. - Approved providing a corporate guarantee up to VND 30 billion (approx. INR 11 Crore) to Techcombank on behalf of Vietnam subsidiary Skyways SLS Logistik.

Governance Neutral

2026-10-01 20:04

- Appointed Mr. Yashpal Sharma as Chairman and Managing Director for 5 years effective January 1, 2027. - Appointed M/s. MSTR & Associates as Secretarial Auditor for 5 consecutive financial years starting September 30, 2026. - Both appointments were approved by shareholders at the Annual General Meeting held on September 30, 2026.

Governance Neutral

2026-10-01 20:04

- Appointment of Mr. Yashpal Sharma as Chairman and Managing Director for 5 years effective from January 1, 2027 to December 31, 2031. - Appointment of M/s. MSTR & Associates as Secretarial Auditor for 5 consecutive financial years effective from September 30, 2026.

Business Update Positive

2026-09-29 13:33

- Skyways Air Services Limited's Vietnam overseas office received an Appreciation Award from Air India Cargo. - The award recognizes service excellence, operational reliability, and valued partnership across two key stations: Ho Chi Minh City and Hanoi. - This highlights the company's strong footprint and consistent performance in Vietnam's air cargo market.

Routine Neutral

2026-09-25 13:37

- Trading window for dealing in company securities will remain closed from October 01, 2026. - Closure pertains to the approval of Q2 and half-year financial results ending September 30, 2026. - Window will reopen 48 hours after results are declared and disseminated.

Business Update Positive

2026-09-23 13:52

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Operating Revenue grew to ₹1,216.53 Cr vs ₹639 Cr (▲90.4% YoY). - EBITDA increased to ₹50.12 Cr vs ₹27.31 Cr (▲83.5% YoY). - PAT surged to ₹26.79 Cr vs ₹11.01 Cr (▲143.3% YoY). - PAT Margin expanded from 1.72% to 2.20% (▲48 bps), while EBITDA Margin contracted from 4.27% to 4.12% (▼15 bps). - Air cargo volume growth for the quarter was 19% YoY, significantly outperforming the Indian market's 3.8% growth. - Management expects continued volume growth in Q2 FY27 and plans to expand into five new Asian geographies with a ₹30 Cr investment for new offices, anticipating a 2-3 year break-even at PAT level. - Company recently repaid ~₹140 crores of borrowings, expected to reduce interest costs in Q3 and Q4. - An 'ASAP' technology platform for customer acquisition and ease of transaction is expected to launch in 30-60 days. - An Economic Offences Wing (EOW) matter is sub judice; management anticipates no material financial impact.

Business Update Positive

2026-09-22 17:17

- Skyways Air Services Limited received an Appreciation Award from Air India Cargo in Vietnam. The award recognizes the company's service excellence, operational reliability, and valued partnership.

Business Update Neutral

2026-09-18 19:28

- Audio Recording of Earnings Concall Available for Quarter ended June 30, 2026 - Concall Date: September 18, 2026 - Concall Time: 04:00 P.M. (IST) - Recording Link: https://r2.skyways-air.in/Audio-Recording-of-the-Earnings-Conference-Call-held-on-Friday-September-18-2026.mp3

Financials Positive

2026-09-18 16:07

- Q1 FY27 Consolidated Revenue from Operations ₹1,216.53 Cr vs ₹639.01 Cr (▲92.8% YoY) - EBITDA ₹49.94 Cr vs ₹27.35 Cr (▲82.6% YoY) - PAT ₹26.79 Cr vs ₹11.01 Cr (▲143.3% YoY) - EBITDA Margin 4.11% vs 4.28% (▼17bps) - Board declared an interim dividend of INR 0.25 per equity share for FY 2026-27.

Financials Positive

2026-09-18 15:35

- Q1 FY27 Consolidated Revenue ₹1,21,653 Lakhs vs ₹63,901 Lakhs (▲90.4% YoY) - EBITDA ₹5,012 Lakhs vs ₹2,731 Lakhs (▲83.5% YoY) - PAT ₹2,679 Lakhs vs ₹1,101 Lakhs (▲143.3% YoY) - EBITDA Margin 4.12% vs 4.27% (▼15bps)

Financials Positive

2026-09-18 12:19

- Q1 FY27 Consolidated Operating Revenue ₹1,216.53 Cr vs ₹630.91 Cr (▲92.8% YoY) - EBITDA ₹49.94 Cr vs ₹27.35 Cr (▲82.6% YoY) - PAT ₹26.79 Cr vs ₹11.01 Cr (▲143.3% YoY) - EBITDA Margin 4.10% vs 4.33% (▼23bps) - Board declared an interim dividend of ₹0.25 per equity share for FY26-27.

Business Update Neutral

2026-09-17 22:43

- Skyways Air Services Limited entered into an agreement with Adfactors FPR Private Limited. - The agreement is for providing Public Relations and Investor Relations services to the Company. - It is effective from September 17, 2026.

Financials Positive

2026-09-17 21:18

- Q1 FY27 (June 30, 2026) Consolidated Revenue ₹1,225.17 Cr vs ₹643.50 Cr (▲90.39% YoY) - EBITDA ₹50.12 Cr vs ₹27.31 Cr (▲83.52% YoY) - PAT ₹26.79 Cr vs ₹11.01 Cr (▲143.32% YoY) - EBITDA Margin 4.09% vs 4.24% (▼15bps) - Declared first Interim Dividend of ₹0.25 (2.5%) per equity share for FY 2026-27. - Approved setting up overseas offices/subsidiaries/JVs in China, Malaysia, Indonesia, Singapore, and Philippines with an investment of up to ₹30 Cr. - Approved incremental capital infusion of up to ₹20 Cr in existing overseas subsidiaries. - Designated Mr. Yashpal Sharma as Chief Executive Officer (CEO). - Promoted Ms. Akshita Sehgal to Assistant General Manager as Senior Management Personnel (SMP).

Financials Positive

2026-09-17 21:13

- Q1 FY27 Consolidated Revenue ₹1,216.53Cr vs ₹630.01Cr (▲93.10% YoY) - EBITDA ₹50.12Cr vs ₹27.31Cr (▲83.51% YoY) - PAT ₹19.67Cr vs ₹6.78Cr (▲190.15% YoY) - EBITDA Margin 4.12% vs 4.33% (▼21bps) - Declared first Interim Dividend of ₹0.25 (2.5%) per equity share for FY 2026-27. - Approved setting up overseas offices/subsidiaries/JVs in China, Malaysia, Indonesia, Singapore, and Philippines with an investment up to ₹30 Crore. - Designated Mr. Yashpal Sharma as CEO (KMP) in addition to his existing role as Chairman and MD.

Financials Positive

2026-09-17 21:11

- Q1 FY27 Consolidated Operating Revenue ₹1,21,653.48 Lacs vs ₹63,000.95 Lacs (▲93.10% YoY) - EBITDA ₹5,012.38 Lacs vs ₹2,731.47 Lacs (▲83.50% YoY) - PAT ₹2,678.96 Lacs vs ₹1,100.95 Lacs (▲143.33% YoY) - EBITDA Margin 4.12% vs 4.34% (▼22bps) - Declared first Interim Dividend of INR 0.25/- (2.5%) per equity share for FY 2026-27, with Record Date: October 9, 2026. - Approved setting up overseas offices/subsidiaries/joint ventures in China, Malaysia, Indonesia, Singapore, and Philippines with an investment not exceeding INR 30 Crore. - Approved incremental investment up to INR 20 Crore in existing overseas subsidiaries. - Designated Mr. Yashpal Sharma as Chief Executive Officer (CEO) in addition to his existing role as Chairman and Managing Director. - Promoted Ms. Akshita Sehgal to Assistant General Manager (SMP).

Financials Positive

2026-09-17 20:50

- Q1 FY27 Consolidated Revenue ₹1,216.53Cr vs ₹630.01Cr (▲93.1% YoY) - EBITDA ₹50.12Cr vs ₹27.31Cr (▲83.5% YoY) - PAT ₹26.79Cr vs ₹11.01Cr (▲143.3% YoY) - EBITDA Margin 4.12% vs 4.33% (▼21bps)

Financials Positive

2026-09-17 20:43

- Q1 FY27 Consolidated Total Income ₹1,22,517.32 Lacs vs ₹64,350.10 Lacs (▲90.39% YoY) - EBITDA ₹5,012.38 Lacs vs ₹2,731.47 Lacs (▲83.50% YoY) - PAT ₹2,678.96 Lacs vs ₹1,100.95 Lacs (▲143.34% YoY) - EBITDA Margin 4.09% vs 4.24% (▼15bps) - Declared first Interim Dividend of ₹0.25 per equity share for FY 2026-27. - Approved setting up of overseas offices/subsidiaries/JVs in China, Malaysia, Indonesia, Singapore, and Philippines with an investment up to ₹30 Crore. - Approved incremental capital infusion of up to ₹20 Crore in existing overseas subsidiaries. - Designated Mr. Yashpal Sharma as Chief Executive Officer (KMP) and promoted Ms. Akshita Sehgal to Assistant General Manager (SMP).

Business Update Positive

2026-09-16 22:41

- Skyways Air Services Ltd. reported continued improvement in business and operational performance for the period of January to June 2026. - The company retained its position as the No. 1 Air freight forwarder in India and is ranked 44th globally in Air Cargo. - Its market share in India increased from 5.9% to 6.2% on a quarter-on-quarter basis. - This improvement was achieved despite a challenging industry environment.

Business Update Neutral

2026-09-15 15:15

- Concall Schedule - Concall Date: Friday, September 18, 2026 - Concall Time: 04:00 PM IST - To discuss Un-Audited Financial Results for the quarter ended June 30, 2026 (Q1 FY27).

Business Update Positive

2026-09-15 12:33

- Skyways Air Services Limited recognized as 'Valued Business Partner' by IAG Cargo. - The recognition acknowledges the Company's longstanding association and continued business partnership. - It was presented at the IAG Cargo Middle East & South Asia Customer Listening Forum 2026, held in Sri Lanka.

Business Update Positive

2026-09-10 17:32

- Skyways Air Services Ltd received an award/recognition from Emirates SkyCargo. - This acknowledges Skyways' strong performance, consistent service quality, and deep partnership. - The award reinforces Skyways' position as a preferred Air-Freight partner, deepening global carrier relationships.

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Skyways Air Services Limited

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