FlySBS Aviation share price & results
- Mar 2026
- Sept 2026
Chennai-based DGCA-approved non-scheduled air charter operator providing bespoke private jet travel to HNIs, UHNIs, celebrities and corporates via an asset-light dry- and wet-lease fleet, connecting Indian cities with destinations across si
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 181 | +64.5% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 21.0 | −8.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 37.0 | +60.9% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | +0.5 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | 9.40 | +9.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −18.6 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance +0.5% 1Y
1Y: ₹574 on 24 Oct 2025 → ₹576.75. High ₹702.65 (11 Sept 2026), low ₹360.45 (30 Mar 2026).
- Previous close
- ₹577
- Market cap
- ₹998 Cr
- 52-week range
- ₹360.45 – ₹702.65
- One year
- +0.66%
- Price to earnings (FY ending Mar 2026)
- 16.36×
- Return on equity (FY ending Mar 2026)
- 26.29%
Overview
- Symbol
- NSE:FLYSBS
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What FlySBS Aviation Ltd does
Based on the company's own presentations, annual report and earnings calls.
FlySBS Aviation Limited is a DGCA-approved non-scheduled air charter (NSOP) operator based in Chennai that provides bespoke private jet travel to corporates, HNIs, ultra-HNIs, celebrities and diplomats. It operates an asset-light model, running its own 13-seater Embraer Legacy 600 under dry lease while accessing long-range jets such as the Dassault Falcon 2000, Bombardier Challenger 605 and Global 6000 through wet-lease arrangements with global lessors. The company connects domestic Tier-1 and Tier-2 Indian cities with international destinations across six continents, sourcing clients through an in-house sales team and a network of travel agents/brokers, and maintains its aircraft through a DGCA-approved MRO partner in Bangalore under its own in-house Continuing Airworthiness Management (CAMO) framework.
Segments
- Dry lease operations
- Wet lease operations
- Owned/dry-leased fleet
- 1 aircraft — Embraer Legacy 600 (13-seater)
- Fleet induction pipeline
- 4 Legacy 600 (Q4 FY26) + 3 Citation Cessna CJ2+ (Q1 FY27)
- Wet-lease aircraft types accessed
- 3 (Dassault Falcon 2000, Bombardier Challenger 605, Bombardier Global 6000)
- Total departures
- 175 in FY26 Q3 (479 in FY24, 361 in FY25, 291 in FY26 H1)
- Unique destinations touched
- 90 in FY26 Q3 (340 in FY24, 301 in FY25, 168 in FY26 H1)
- Crew members
- 6 in FY26 Q3 (9 in FY24, 9 in FY25, 8 in FY26 H1)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +61% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 84 | 110 | 138 | 181 |
| Expenses | 76 | 78 | 106 | 143 |
| Operating profit | 8 | 32 | 31 | 38 |
| Operating margin | 10.0% | 29.0% | 23.0% | 21.0% |
| Other income | 0 | 1 | 2 | 14 |
| Interest | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 8 | 31 | 31 | 50 |
| Tax rate | 31.0% | 26.0% | 24.0% | 25.0% |
| Net profit | 5 | 23 | 24 | 37 |
| EPS (₹ per share) | — | 18.20 | 13.78 | 21.34 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 3 | 13 | 17 | 17 |
| Reserves | 3 | 10 | 63 | 138 | 246 | 296 |
| Borrowings | 5 | 3 | 3 | 18 | 23 | 37 |
| Other liabilities | 3 | 5 | 8 | 24 | 16 | 41 |
| Total liabilities | 12 | 20 | 77 | 192 | 302 | 392 |
| Fixed assets | 0 | 0 | 5 | 5 | 7 | 7 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 12 | 20 | 72 | 186 | 294 | 384 |
| Total assets | 12 | 20 | 77 | 192 | 302 | 392 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -4 | 1 | 4 | 1 | 1 | 32 |
| Cash from investing | 0 | -1 | -2 | -37 | -28 | -134 |
| Cash from financing | 4 | 0 | 1 | 42 | 69 | 118 |
| Net cash flow | 0 | 0 | 2 | 6 | 41 | 15 |
| Free cash flow | -4 | 1 | 4 | -4 | 0 | 29 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 46 | 80 | 64 | 23 | 39 | 44 |
| Cash conversion cycle | 46 | 80 | 64 | 23 | 39 | 44 |
| Working capital days | 61 | 31 | 19 | 52 | 64 | 33 |
| Return on capital employed | — | 22.0% | 43.0% | 35.0% | 35.0% | 32.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What the price assumes
- Growth the price implies
- 4.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Ownership
Who owns it
Public hold 64.48% as of Sept 2026; institutions added 0.37 pts since Mar 2026.
- Promoters 32.47%
- Foreign institutions 2.27%
- Domestic institutions 0.77%
- Public 64.48%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.47% held
- newly disclosed 1.35% held
- +0.41 pp 1.45% held
The same filing shows 3 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of FlySBS Aviation Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 12.91% | unchanged | |
| 11.40% | unchanged | |
| 6.77% | unchanged | |
| 4.87% | unchanged | |
| 4.09% | unchanged | |
| 2.31% | unchanged | |
| FPI fund | 2.00% | unchanged |
| 1.60% | −0.62 pp | |
| 1.55% | −0.44 pp | |
| 1.47% | newly disclosed | |
| 1.45% | +0.41 pp | |
| 1.35% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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