Price
Financials
Standalone, Rs crore| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 84 | 110 | 138 | 181 |
| Expenses | 76 | 78 | 106 | 143 |
| Operating Profit | 8 | 32 | 31 | 38 |
| OPM % | 10% | 29% | 23% | 21% |
| Other Income | 0 | 1 | 2 | 14 |
| Interest | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 8 | 31 | 31 | 50 |
| Tax % | 31% | 26% | 24% | 25% |
| Net Profit | 5 | 23 | 24 | 37 |
| EPS in Rs | 18.20 | 13.78 | 21.34 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 16 | 27 | 34 | 106 | 194 | 319 |
| Expenses | 14 | 26 | 29 | 92 | 154 | 249 |
| Operating Profit | 2 | 1 | 5 | 15 | 40 | 69 |
| OPM % | 13% | 4.3% | 14% | 14% | 21% | 22% |
| Other Income | 0 | 1 | 1 | 0 | 1 | 16 |
| Interest | 0 | 0 | 1 | 1 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 2 | 1 | 4 | 14 | 39 | 81 |
| Tax % | 25% | 28% | 16% | 19% | 27% | 25% |
| Net Profit | 2 | 1 | 3 | 11 | 28 | 61 |
| EPS in Rs | 22.29 | 35.12 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 82% | 111% | 64% | ||
| Compounded Profit Growth | % | 109% | 160% | 114% | ||
| Stock Price CAGR | % | % | % | 16% | ||
| Return on Equity | % | 27% | 26% | 26% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 3 | 13 | 17 |
| Reserves | 2 | 3 | 10 | 63 | 138 | 296 |
| Borrowings | 2 | 5 | 3 | 3 | 18 | 37 |
| Other Liabilities | 1 | 3 | 5 | 8 | 24 | 41 |
| Total Liabilities | 7 | 12 | 20 | 77 | 192 | 392 |
| Fixed Assets | 0 | 0 | 0 | 5 | 5 | 7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 7 | 12 | 20 | 72 | 186 | 384 |
| Total Assets | 7 | 12 | 20 | 77 | 192 | 392 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -4 | 1 | 4 | 1 | 1 | 32 |
| Cash from Investing Activity | -0 | -1 | -2 | -37 | -28 | -134 |
| Cash from Financing Activity | 4 | -0 | 1 | 42 | 69 | 118 |
| Net Cash Flow | 0 | 0 | 2 | 6 | 41 | 15 |
| Free Cash Flow | -4 | 1 | 4 | -4 | -0 | 29 |
| CFO/OP | -209% | 62% | 85% | 10% | 8% | 60% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 46 | 80 | 64 | 23 | 39 | 44 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 46 | 80 | 64 | 23 | 39 | 44 |
| Working Capital Days | 61 | 31 | 19 | 52 | 64 | 33 |
| ROCE % | 22% | 43% | 35% | 35% | 32% |
| Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|
| Promoters | 32.47% | 32.47% | 32.47% |
| FIIs | 2.59% | 2.15% | 2.01% |
| DIIs | 3.21% | 1.21% | 0.66% |
| Public | 61.73% | 64.16% | 64.86% |
| No. of Shareholders | 2,368 | 2,545 | 3,136 |
Fundamentals
Market Cap₹ 1,072 Cr.
Current Price₹ 620
Stock P/E17.6
Book Value₹ 181
ROCE32.5 %
ROE26.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)64%
Compounded Profit Growth (TTM)114%
Standalone figures.
Valuation
Market capRs 1,049 Cr
Enterprise valueRs 1,053 Cr
P/E (TTM)1048.53x
Price to book231.46x
Price to sales38.49x
EV / EBITDA623.09x
EV / EBIT626.80x
EV / sales38.66x
Price to cash flow1436.34x
Earnings yield0.10%
Profitability
Operating margin (excl. other income)4.30%
Operating margin (incl. other income)6.20%
EBITDA margin6.20%
Pre-tax margin5.07%
Net profit margin3.67%
ROE24.81%
ROCE22.34%
ROA10.39%
ROIC (approx.)13.48%
Tax rate27.54%
Other income / net worth11.48%
Growth
Sales growth (latest year)70.78%
Profit growth (latest year)-34.64%
Per share
EPS (TTM)Rs 0.58
EPS (latest year)Rs 5.00
Book value per shareRs 2.62
Sales per shareRs 15.74
Cash flow per shareRs 0.42
Free cash flow per shareRs 16.76
Efficiency
Asset turnover2.20x
Fixed asset turnover340.50x
Debtor days80 days
Debtors turnover4.56x
Cash conversion cycle44 days
Working capital days33 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 0 Cr
Net debtRs 4 Cr
Debt to equity1.00x
Net debt / EBITDA2.66x
Interest coverage5.60x
Owners' fund to total sources36.53%
Debt to assets36.61%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 29 Cr
FCFE (approx.: FCF + change in debt)Rs 31 Cr
Cash from ops / profit, 5 years0.38x
Sales to cash flow37.32x
Statement figures
Net sales (TTM)Rs 27 Cr
Net sales (latest year)Rs 27 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 26 Cr
Total expenditure (latest year)Rs 26 Cr
Total income (latest year)Rs 28 Cr
Share capitalRs 2 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 5 Cr
Total assetsRs 12 Cr
Net blockRs 0 Cr
ReceivablesRs 6 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)1.73
Ownership
Promoter holding32.47%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | FLYSBS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.4% | -2.8% | -4.6 pts |
| 1 month | -0.1% | -6.8% | +6.7 pts |
| 3 months | +28.3% | -7.6% | +35.9 pts |
| 6 months | +68.1% | +0.4% | +67.7 pts |
| 1 year | +16.9% | -9.9% | +26.8 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -142% of net profit over the last 2 years |
| explain | Receivables outrunning sales Receivables grew 198% vs sales +71% in 2026 |
| explain | Debt up, profit down Borrowings up 86% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Interglobe Aviation Ltd | 188,384 | 5.24 % | |
| TAAL Tech Ltd | 1,625 | 26.1 | 27.5 % |
| Global Vectra Helicorp Ltd | 185 | -4.09 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 75perc in previous 3 monthsSME scrip is not regularly traded
Quick answers
What is the market cap of FlySBS Aviation Ltd?
FlySBS Aviation Ltd (FLYSBS) has a market capitalisation of Rs 1,072 Cr. at the 2026-10-01 close.
What is the P/E ratio of FlySBS Aviation Ltd?
FlySBS Aviation Ltd trades at a P/E of 17.6 on trailing twelve-month profit, at the 2026-10-01 close.
What is the 52-week high and low of FlySBS Aviation Ltd?
The 52-week high is Rs 719.95 and the 52-week low is Rs 355.25.