*SKY INDUSTRIES LTD*
*(BSE Symbol SKYIND, BSE Code 526479, Mkt Cap Rs. 70 crs.) * Pioneer in Technical Textiles & Defence Sector. Highest Export Award winner for 7 years in past TTM EPS is Rs. 5.92 which is likely to cross Rs.7.00+ in F.Y.25. Assuming PE multiple of 20 the Mkt Cap could reach to Rs. 140+ as against Rs. 70 crs. which could translate in 2X returns. Established in 1989, Sky Industries Limited stands as a prominent Hook and Loop manufacturer and supplier, with specialized experience in the provision of high-quality hook and loop fastening solutions. As a distinguished hook and loop manufacturer and exporter based in India, the company has garnered trust as a reliable supplier, extending its product reach to numerous countries, including the USA, UK, Germany, Turkey, Bangladesh, Sri Lanka, and more. The product range encompasses various types of hook and loop fasteners and value-added offerings such as self-adhesive hook & loop tapes, webbings, neoprene, velvet, functional elastics, etc. Catering to diverse industries such as Footwear, Orthopedic, PPE, Automobile, Garment, Sportswear, Packaging, Home furnishing, Aviation, Defense and more. The company has been nominated in the BIS Committee for setting Standards of Hook and Loop Tape Fasteners in India and it is the only company in India which is licensed by BIS for using its mark in this industry. The accolades include "The Highest Exporter Award" by SRTEPC, sanctioned by the Ministry of Textiles, received multiple times in the past. 34+ Years Of Experience, 800+ Customers Across The Country, 50 Products Available, 10+ Exported To Countries, 35+ Industry Outreach, ISO, IATF & OEKOTEX Certifications, Exports contribute to more than 15% of the company's revenue, coming from various countries worldwide. Manufacturing Location: Bhiwandi, Maharashtra, Area of Manufacturing Unit: 36,000 sq. ft. Manufacturing Location: TTC Industrial Area, Pawne, Navi Mumbai, Maharashtra, Area of Manufacturing unit: Over 44,000 sq.ft. Installed Capacity: Hook & Loop – 9 million meters/month Webbings & Velvet – 3 million meters/month The Global Hook & Loop market was valued at US$ 2234 million in 2023 and is anticipated to reach US$ 3096.1 million by 2030, witnessing a CAGR of 4.7% during the forecast period 2024-2030. The Industrial textiles market is expected to experience an 8% CAGR, rising from US$ 2 billion in 2020 to US$ 3.3 billion by 2027. The textiles sector allows 100% FDI through the automatic route. A Production-linked Incentive Scheme is allocated for man-made fiber and technical textiles. India aims to achieve textiles production worth US$ 250 billion and exports worth US$ 100 billion by 2030. -- Kindly email stock reports at STOCKRESEARCHER@googlegroups.com For sharing knowledge -- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE. http://www.niftyviews.com/ Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture.The administrator of www.Niftyviews.com just provide a platform for the authors to express their opinion and take no guarantee for the genuineness of the same."ANY member of this forum doesnt prepare or publish any research report; or ii. provide research report; or iii. make 'buy/sell/hold' recommendation; or iv. give price target; --- You received this message because you are subscribed to the Google Groups "Niftyviews.com" group. To unsubscribe from this group and stop receiving emails from it, send an email to stockresearcher+unsubscr...@googlegroups.com. To view this discussion on the web, visit https://groups.google.com/d/msgid/stockresearcher/CADFC1KR5_3-jBkN0CUKZpwp8CtdEiycT01FWyqK3xAr0CPqHtA%40mail.gmail.com.
