FlySBS Aviation Ltd.

•

sbsaviation.inBSE: -NSE: FLYSBS

Market Cap₹ 1,179 Cr.

Current Price

High / Low₹ 690 / 355

Stock P/E19.4

Book Value₹ 116

Price to Book5.92

Dividend Yield0.00 %

ROCE34.7 %

ROE26.2 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

View full sector analysis →

PROS

Company has a healthy return on capital (ROCE) of 38.3%
Company has a good return on equity (ROE) track record: 3 Years ROE 33.4%
Operating margins have improved to 20.6% from 6.2%
Company comfortably covers its interest (19.6x coverage)
Attractively priced for its growth - PEG of 0.1
Company maintains a comfortable, low leverage position

CONS

Receivables are growing faster than sales - a possible quality concern
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.11x)
Total debt has risen sharply - up 601.4% year on year
Equity base is being diluted - shares outstanding up 537.3%
Working capital days have increased from 80 to 164 days

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsAviationAirlines

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	INDIGO	4964.40	0.00	191956.77	0.00	-238.00	-110.94	24584.10	19.94	39.95	13.29
2.	RAYMOND	809.00	145.25	5385.81	0.00	30.85	-99.94	605.61	15.51	-0.54	12.72
3.	TAALTECH	4888.70	24.40	1523.49	1.33	194.34	1317.30	648.11	1316.08	33.33	34.03
4.	SPICEJET	9.39	0.00	1433.01	0.00	-261.70	-1390.90	1345.47	14.14	0.00	-16.38
5.	FLYSBS	681.25	19.40	1178.82	0.00	—	—	—	—	34.67	—
6.	TANAA	272.35	36.54	694.51	0.92	5.74	62.05	10.31	21.04	15.52	72.30
7.	GLOBALVECT	139.90	0.00	195.86	0.00	-11.85	-25.64	130.71	1.05	28.74	8.85

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	27	34	106	194
	26	29	92	154
Operating Profit	1	5	15	40
OPM %	4.32%	13.64%	13.86%	20.59%
	1	1	0	1
Interest	0	1	1	2
Depreciation	0	0	0	0
Profit before Tax	1	4	14	39
Tax %	27.18%	16.39%	19.16%	27.16%
Net Profit	1	3	11	28
EPS	1.03	3.51	35.04	22.28
Dividend Payout %	0.00%	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 92%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 205%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 5%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 33%
Last Year:: 26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	2	2	3	13
	3	10	63	138
	5	3	2	17
Trade Payables	2	2	1	4
	2	3	8	20
Total Liabilities	12	20	77	192
	0	0	5	5
	0	0	7	9
	0	0	7	21
Cash & Bank	0	3	8	50
	12	18	50	107
Total Assets	12	20	77	192

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	1	4	1	0
Cash from Investing	-1	-2	-37	-28
Cash from Financing	-0	1	42	69
	0	2	6	41

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Aug 2025	Sep 2025	Dec 2025	Mar 2026
	32.47	32.47	32.47	32.47
	4.42	2.59	2.15	2.01
	2.90	0.63	0.78	0.66
Government	0.00	0.00	0.00	0.00
	60.20	64.30	64.59	64.86

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for FLYSBS

Loading news…

🤖

AI Stock Analyst

FlySBS Aviation Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

INDIGO

4964.40

0.00

191956.77

0.00

-238.00

-110.94

24584.10

19.94

39.95

13.29

RAYMOND

809.00

145.25

5385.81

0.00

30.85

-99.94

605.61

15.51

-0.54

12.72

TAALTECH

4888.70

24.40

1523.49

1.33

194.34

1317.30

648.11

1316.08

33.33

34.03

SPICEJET

9.39

0.00

1433.01

0.00

-261.70

-1390.90

1345.47

14.14

0.00

-16.38

FLYSBS

681.25

19.40

1178.82

0.00

—

34.67

—

TANAA

272.35

36.54

694.51

0.92

5.74

62.05

10.31

21.04

15.52

72.30

GLOBALVECT

139.90

0.00

195.86

0.00

-11.85

-25.64

130.71

1.05

28.74

8.85

Mar 2022

Mar 2023

Mar 2024

Mar 2025

106

194

154

Operating Profit

OPM %

4.32%

13.64%

13.86%

20.59%

Interest

Depreciation

Profit before Tax

Tax %

27.18%

16.39%

19.16%

27.16%

Net Profit

EPS

1.03

3.51

35.04

22.28

Dividend Payout %

0.00%

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

138

Trade Payables

Total Liabilities

192

Cash & Bank

107

Total Assets

192

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Cash from Investing

-1

-2

-37

-28

Cash from Financing

-0

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Aug 2025

Sep 2025

Dec 2025

Mar 2026

32.47

4.42

2.59

2.15

2.01

2.90

0.63

0.78

0.66

Government

0.00

60.20

64.30

64.59

64.86

FlySBS Aviation Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

FlySBS Aviation Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI