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Skyways Air Services Limited

Incorporated in 1984, Skyways Air Services Limited is a well-established air freight forwarding and logistics company in India, offering services such as air and ocean freight forwarding, trucking, warehousing, customs clearance, and express cargo and parcel delivery. The company also provides value-added solutions like logistics planning, cargo handling, inventory management, documentation, and end-to-end distribution, supported by a strong IT-enabled platform. Skyways has a wide global reach through international logistics networks and maintains performance-based partnerships with leading airlines such as Air India Cargo, Lufthansa, Turkish Airlines, and Saudi Cargo. Over the years, it has grown into a multi-modal logistics provider with integrated air, sea, road, and express services, including cold storage facilities near IGI Airport for pharmaceutical and temperature-sensitive goods. The company’s workforce has steadily increased, with 1,035 employees as of December 31, 2024, reflecting its expanding operations and scale.

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Peer Comparison-Financial performance and valuation from the IPO detail feed
Financial Performance

Skyways Air Services Limited

NAV/Share (₹)23.40
RONW(%)15.85
EPS (Basic) (₹)3.71

Delhivery Limited

NAV/Share (₹)126.51
RONW(%)1.72
EPS (Basic) (₹)2.19

TVS Supply Chain Solutions Limited

NAV/Share (₹)40.84
RONW(%)-0.75
EPS (Basic) (₹)-0.31

Mahindra Logistics Limited

NAV/Share (₹)60.71
RONW(%)-8.19
EPS (Basic) (₹)-4.97
Valuation

Skyways Air Services Limited

P/E(X)0
CMP* (₹)0
Face value (₹)10.00

Delhivery Limited

P/E(X)188.71
CMP* (₹)0
Face value (₹)1.00

TVS Supply Chain Solutions Limited

P/E(X)NA
CMP* (₹)0
Face value (₹)1.00

Mahindra Logistics Limited

P/E(X)NA
CMP* (₹)0
Face value (₹)10.00