Sky Industries Ltd (526479) — concall transcript | 30 June 2024

Sky Industries Limited reported Q1 FY25 results with total income of INR22.57 crores, up 13.47 crores YoY, and net profit of INR1.59 crores, up 107% YoY. EBITDA rose 65% to INR2.80 crores with margin at 12.40%. Management highlighted export growth to 19% of revenue, capacity expansion plans requiring INR30 crores capex, and BIS certification leadership. They noted working capital cycle of 2.5-3 months, repeat business at 80-85%, and new product segments like neoprene contributing to future margins. Expansion plans are underway with decisions expected in 1-2 quarters.