Skyways Air Services Limited submitted an investor presentation detailing its unaudited standalone and consolidated financial results for Q1FY27 (quarter ended June 30, 2026) to the stock exchanges pursuant to SEBI Listing Regulations 30 and 33. The presentation was prepared for an earnings conference call scheduled for September 18, 2026, at 4:00 PM IST.

Financial Performance Highlights

  • Revenue from Operations: ₹121,653.5 lakhs in Q1FY27, representing 90.4% year-over-year growth from ₹63,901.0 lakhs in Q1FY26
  • Cost of Services: ₹110,935.3 lakhs in Q1FY27 (₹56,998.3 lakhs in Q1FY26)
  • Employee Benefit Expenses: ₹3,578.9 lakhs in Q1FY27 (₹2,821.1 lakhs in Q1FY26)
  • Other Expenses: ₹2,145.0 lakhs in Q1FY27 (₹1,346.6 lakhs in Q1FY26)
  • EBITDA: ₹5,012.4 lakhs in Q1FY27, showing 83.5% YoY growth from ₹2,731.5 lakhs in Q1FY26
  • EBITDA Margin: 4.12% in Q1FY27 (4.27% in Q1FY26)
  • Other Income: ₹863.8 lakhs in Q1FY27 (₹449.2 lakhs in Q1FY26)
  • Depreciation: ₹441.4 lakhs in Q1FY27 (₹422.3 lakhs in Q1FY26)
  • EBIT: ₹5,434.9 lakhs in Q1FY27, showing 97.0% YoY growth from ₹2,758.4 lakhs in Q1FY26
  • EBIT Margin: 4.47% in Q1FY27 (4.32% in Q1FY26)
  • Finance Cost: ₹1,707.3 lakhs in Q1FY27 (₹1,078.4 lakhs in Q1FY26)
  • PBT: ₹3,727.6 lakhs in Q1FY27, showing 121.9% YoY growth from ₹1,680.0 lakhs in Q1FY26
  • Tax: ₹1,048.7 lakhs in Q1FY27 (₹579.0 lakhs in Q1FY26)
  • PAT: ₹2,679.0 lakhs in Q1FY27, showing 143.3% YoY growth from ₹1,101.0 lakhs in Q1FY26
  • PAT Margin: 2.20% in Q1FY27 (1.72% in Q1FY26)

For reference, FY26 full-year performance showed Revenue from Operations of ₹281,289.9 lakhs, EBITDA of ₹12,564.9 lakhs (4.47% margin), and PAT of ₹6,352.4 lakhs (2.26% margin).

Segment Performance

Air Cargo Segment (Q1FY27 vs Q1FY26)

  • Cargo Volumes: 23,486 tons, up 23% YoY (19,095 tons in Q1FY26)
  • Revenue: ₹97,636 lakhs, up 97% YoY (₹49,548 lakhs in Q1FY26)
  • Average Yield: ₹416 per kg, up 60% YoY (₹259 per kg in Q1FY26)
  • Air cargo represented 80.3% of Q1FY27 revenues (77.0% of FY26 revenue)

Ocean Cargo Segment (Q1FY27 vs Q1FY26)

  • TEUs Shipped: 8,022 Twenty-foot Equivalent Units, up 17.7% YoY (6,817 TEUs in Q1FY26)
  • Revenue: ₹15,262 lakhs, up 63.9% YoY (₹9,311 lakhs in Q1FY26)
  • Yield: ₹190,258 per TEU, up 39.3% YoY (₹136,596 per TEU in Q1FY26)
  • The segment offers Full Container Load (FCL), Less than Container Load (LCL) and multi-modal ocean freight through subsidiaries
  • Company maintains strategic partnerships with 25+ global shipping lines including Hapag-Lloyd and Evergreen

Express Cargo Services (Q1FY27 vs Q1FY26)

  • Revenue: ₹6,258.52 lakhs, up 63.7% YoY (₹3,823.54 lakhs in Q1FY26)
  • Network: 31 locations across 1,204 PIN codes in India
  • Shipments: 59,746 shipments in Q1FY27
  • Services include domestic and international express for Ecommerce and D2C brands with technology platform featuring Aadhar verification, API-based dispatch labels, and end-to-end visibility

Market Position and Global Context

  • Skyways is the only Indian company featured among World ACD Global Top 50 freight forwarders by chargeable weight
  • Export volumes constituted 6.2% of pan-India export volumes in Q1FY27
  • FY26 export volume was 69,816 tons, showing 43% growth over FY25 (48,836 tons)
  • Global industry context included Brent crude price surge from $61/barrel in January 2026 to $110/barrel in May 2026 due to Middle East conflicts
  • Strait of Hormuz closure in late-February 2026 affected approximately 25% of global crude oil flows
  • Combination of stronger cargo demand, capacity constraints, and high freight rates drove industry dynamics

Customer Concentration

  • Top-10 customers contributed 18.29% of revenue in Q1FY27 (20.69% in FY26)