Skyways Air Services Share Price Target 2026, 2027, 2030, 2040, 2050
Skyways Air Services is an Indian company that works in logistics and goods transportation. It helps businesses move their products within India and to other countries. Its main services include air and sea cargo, customs clearance, warehousing, road transport, express delivery and supply chain services. The company helps manage the complete movement of goods, from handling and documentation to transportation and delivery.
What is Skyways Air Services Ltd?
Skyways Air Services was established in 1984 in Delhi by Mr Sanjay Bhatia. It is an Indian logistics company that helps businesses move goods within India and to other countries. Its main services include sending goods by air and sea, road transport, express delivery, customs clearance and warehousing. Sending goods by air is one of its main business areas. The company follows an asset-light model; it does not own aircraft or ships but works with airlines, shipping companies and other logistics partners. It operates across India and also has an international network in several major markets.
It mainly designs, makes and supplies hydraulic fittings. These fittings are used to safely connect pipes, tubes and other parts in hydraulic systems. The company offers regular products as well as fittings made according to customer needs. Its main products include DIN metric fittings, JIC fittings, O-Ring Face Seal fittings and conversion fittings. It also makes couplings, elbows, tees, connectors, adaptors, ferrules, plugs and clamps. This wide range helps the company serve customers with different needs. In 2026, its share price target would be ₹300, as per stock market analysts.
According to stock market analysts, its share price would be between ₹100 to ₹300 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 100 | 300 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | — | — |
| February | — | — |
| March | — | — |
| April | — | — |
| May | — | — |
| June | — | — |
| July | — | — |
| August | 115 | 174 |
| September | 100 | 190 |
| October | 145 | 211 |
| November | 190 | 248 |
| December | 215 | 300 |
Hydraulic fittings are one of the company’s main products. They are used to connect tubes and pipes in machines and hydraulic systems. Since these systems often work under high pressure, the fittings need to be strong and reliable. It makes different types of fittings for various machines and industrial uses. Customers can also ask for customised fittings based on the needs of their equipment. In 2027, its share price target would be ₹590, as per stock market analysts.
According to stock market analysts, its share price would be between ₹288 to ₹590 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 288 | 590 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 288 | 374 |
| February | 298 | 390 |
| March | 311 | 412 |
| April | 330 | 432 |
| May | 345 | 457 |
| June | 350 | 474 |
| July | 375 | 500 |
| August | 390 | 517 |
| September | 412 | 532 |
| October | 425 | 552 |
| November | 445 | 574 |
| December | 485 | 590 |
It has a wide range of products for different hydraulic and industrial uses. Its main categories include DIN metric fittings, conversion fittings, JIC tube fittings and O-Ring Face Seal fittings. It also makes nuts, ferrules, couplings, elbows, tees, connectors, adaptors, plugs, caps and other related products. According to the company, its product range includes more than 10,000 stock-keeping units as of March 31, 2025. This large range allows customers to buy many different hydraulic components from one company. In 2028, its share price target would be ₹850, as per stock market analysts.
According to stock market analysts, its share price would be between ₹570 to ₹850 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 570 | 850 |
The company makes both flared and flareless JIC fittings for hydraulic systems. These fittings are used to connect tubes and other parts safely. JIC fittings are one of the many types of hydraulic products offered by this company. The company also makes connectors, elbows, tees, adaptors and ferrules that can be used with different tube fittings. In 2029, its share price target would be ₹1077, as per stock market analysts.
According to stock market analysts, its share price would be between ₹830 to ₹1077 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 830 | 1077 |
It also offers O-Ring Face Seal (ORFS) fittings for different industrial uses. Along with ORFS fittings, the company makes DIN metric fittings, JIC fittings and conversion fittings. Having different types of products helps the company serve customers with different machine and system requirements. It also provides customised fittings for customers who need products with specific designs or sizes. In 2030, its share price target would be ₹1447, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1050 to ₹1447 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1050 | 1447 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1050 | 1145 |
| February | 1070 | 1174 |
| March | 1100 | 1190 |
| April | 1110 | 1221 |
| May | 1125 | 1247 |
| June | 1150 | 1268 |
| July | 1178 | 1290 |
| August | 1200 | 1332 |
| September | 1224 | 1374 |
| October | 1274 | 1391 |
| November | 1300 | 1412 |
| December | 1330 | 1447 |
It has several manufacturing facilities in India. According to its company profile, it operates six manufacturing facilities, including four in Maharashtra and two in Madhya Pradesh. Its Maharashtra facilities are located in Thane, Shirwal, Kavathe and Nashik. The Nashik facility is mainly used for forging, while the other facilities focus on making hydraulic fittings. In 2040, its share price target would be ₹3325, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2841 to ₹3325 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2841 | 3325 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2841 | 2990 |
| February | 2874 | 3030 |
| March | 2900 | 3058 |
| April | 2936 | 3084 |
| May | 2974 | 3100 |
| June | 3021 | 3115 |
| July | 3050 | 3152 |
| August | 3078 | 3184 |
| September | 3100 | 3200 |
| October | 3110 | 3241 |
| November | 3125 | 3274 |
| December | 3174 | 3325 |
The company uses CNC machines, special-purpose machines and multi-spindle machines in its manufacturing process. These machines help produce hydraulic fittings with better accuracy and consistent quality. It also has its own forging facility, which supports its manufacturing work. The company has automated zinc-nickel plating plants for finishing suitable products. It also uses a cell-based manufacturing system, with separate machine cells for important customers. In 2050, its share price target would be ₹7254, as per stock market analysts.
According to stock market analysts, its share price would be between ₹6750 to ₹7254 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 6750 | 7254 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 6750 | 6880 |
| February | 6784 | 6934 |
| March | 6800 | 6974 |
| April | 6833 | 7000 |
| May | 6867 | 7034 |
| June | 6887 | 7074 |
| July | 6900 | 7100 |
| August | 6965 | 7135 |
| September | 6987 | 7154 |
| October | 7021 | 7187 |
| November | 7050 | 7200 |
| December | 7077 | 7254 |
Should I buy Skyways Air Services stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 100 | 300 |
| 2027 | 288 | 590 |
| 2028 | 570 | 850 |
| 2029 | 830 | 1077 |
| 2030 | 1050 | 1447 |
| 2040 | 2841 | 3325 |
| 2050 | 6750 | 7254 |
The company’s cash flow has also improved, showing that its business is generating more cash. However, its profit margin is still low, and rising debt and interest costs are areas to watch. The stock also looks expensive compared with its current earnings, so investors should be careful. Overall, it has good growth potential, but I would wait and watch instead of buying heavily right now. It would be better to see steady profit growth, lower debt and stronger margins before investing a large amount.
Skyways Air Services earnings results (Financials)
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
| Sales + | 1,670 | 1,485 | 1,289 | 2,248 | 2,813 |
| Expenses + | 1,595 | 1,419 | 1,242 | 2,162 | 2,686 |
| Operating Profit | 75 | 65 | 47 | 86 | 126 |
| OPM % | 4.5% | 4.4% | 3.7% | 3.8% | 4.5% |
| Other Income + | 6 | 12 | 26 | 23 | 26 |
| Interest | 9 | 13 | 19 | 29 | 48 |
| Depreciation | 5 | 7 | 12 | 14 | 17 |
| Profit before tax | 68 | 57 | 42 | 67 | 88 |
| Tax % | 27% | 29% | 28% | 28% | 28% |
| Net Profit + | 50 | 41 | 30 | 48 | 64 |
| EPS in Rs | 2,264.17 | 388.85 | 29.08 | 3.48 | 3.65 |
| Dividend Payout % | 0% | 29% | 5% | 0% | 0% |
Is Skyways Air Services stock good to buy? (bull case & bear case)
Bull Case:
- The company’s sales grew strongly from ₹1,670 crore to ₹2,813 crore, showing good growth in its business.
- Net profit increased from ₹50 crore to ₹64 crore, which shows that the company is earning more profit.
- Operating profit rose from ₹75 crore to ₹126 crore, showing improvement in its main business.
- Its operating margin remained at around 4.5%, showing that the company is maintaining its profit margin.
- Sales grew at an average rate of 24% over three years.
- Operating cash flow reached ₹114 crore, while free cash flow was ₹55 crore.
Bear Case:
- The company’s borrowings increased to ₹582 crore, so its debt is something investors should watch carefully.
- Interest costs increased to ₹48 crore, which can reduce the company’s final profit.
- The company’s P/E ratio is around 53, meaning the stock is expensive compared with its current earnings.
- Its cash conversion cycle was 74 days, meaning some money remains tied up in the business before it comes back as cash.
Conclusion
It is a growing logistics company with good sales growth, improving profits and better cash flow. The company provides services such as air and sea freight, road transport, warehousing and customs clearance, along with an international network. Its financial performance shows that the business is growing and profits are improving. However, investors should also watch its debt, higher interest costs, low profit margins and high stock valuation. Overall, the company has good growth potential, but there are some risks.
