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🪂 At a Glance
Sky Industries Ltd makes those stick-and-peel hook-and-loop fasteners (yes, desi Velcro) and fiberglass insect screens under multiple brand names. It’s a ₹79 Cr market cap textile microcap with decent margins, 11.5% OPM, and ~16.7% ROCE. Sales growth is slow, but profit growth is real. Is it flying under the radar?
1. 🎬 Introduction – “Lagta hai chipak gaya!”
Imagine a business that literally sticks around – like, that’s its whole product line. Sky Industries makes hook-and-loop fasteners, commonly (and incorrectly) called Velcro. It’s not sexy, but it’s essential.
Whether it’s:
Your school shoes in the 90s 🥲
Sportswear gear 👕
Baby products 🍼
Or even insect screens for windows 🪟
…Sky’s products are silently sitting everywhere.
But the big question is: Is this stickiness only product-level, or also stock-level?
2. 🧵 WTF Do They Even Do?
Sky Industries is in the narrow woven fabrics segment – which includes:
🧲 Hook and Loop Tape Fasteners – Used in footwear, orthopedic belts, bags, military gear, and more.
🪟 Fiberglass Insect Screens – Used in windows and ventilators. Think: mosquito protection for posh folks.
📦 Value-added products – With brand names like Sky-Magic, Sky-Walker (no relation to Star Wars, we checked), and Sky-Wonder.
They’re in B2B – selling to manufacturers across industries.
And honestly, they’re one of the only listed players doing this niche work.
