iStreet Network Ltd
Incorporated in 1986, iStreet Network Limited is a technology company building Agentic AI platforms, AI-native solutions and AI infrastructure for enterprises and government institutions.[1]
- Market Cap ₹ 319 Cr.
- Current Price ₹ 46.0
- High / Low ₹ 72.2 / 4.69
- Stock P/E 64.9
- Book Value ₹ 0.25
- Dividend Yield 0.22 %
- ROCE 150 %
- ROE %
- Face Value ₹ 4.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 188 times its book value
- Earnings include an other income of Rs.1.82 Cr.
- Company has high debtors of 436 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.45 | 0.72 | 18.38 | 34.87 | 0.08 | 1.94 | 0.00 | 0.00 | 0.17 | 0.00 | 0.00 | 6.04 | 62.58 | |
| 0.56 | 3.99 | 21.36 | 38.30 | 0.71 | 2.30 | 0.01 | 0.11 | 0.16 | 0.25 | 0.13 | 5.82 | 59.25 | |
| Operating Profit | -0.11 | -3.27 | -2.98 | -3.43 | -0.63 | -0.36 | -0.01 | -0.11 | 0.01 | -0.25 | -0.13 | 0.22 | 3.33 |
| OPM % | -24.44% | -454.17% | -16.21% | -9.84% | -787.50% | -18.56% | 5.88% | 3.64% | 5.32% | ||||
| 0.05 | 2.84 | 0.24 | 0.01 | -1.30 | 0.09 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 | 1.82 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.07 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.14 | 0.16 | 0.17 | 0.15 | 0.07 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Profit before tax | -0.06 | -0.57 | -2.90 | -3.66 | -2.09 | -0.34 | -0.02 | -0.11 | 0.01 | -0.24 | -0.13 | 0.24 | 5.14 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -0.06 | -0.57 | -2.90 | -3.66 | -2.09 | -0.34 | -0.02 | -0.11 | 0.01 | -0.24 | -0.13 | 0.24 | 4.92 | |
| EPS in Rs | -0.03 | -0.28 | -1.37 | -1.72 | -0.98 | -0.16 | -0.01 | -0.05 | 0.00 | -0.11 | -0.06 | 0.11 | 1.92 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | % |
| 3 Years: | 229% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 70% |
| 3 Years: | 188% |
| TTM: | 3885% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 111% |
| 3 Years: | 178% |
| 1 Year: | 881% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.95 | 8.01 | 8.44 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 |
| Reserves | -3.29 | -3.09 | -4.81 | -8.05 | -10.14 | -10.48 | -10.51 | -10.62 | -9.91 | -10.15 | -10.28 | -10.04 | -6.89 |
| 0.00 | 0.00 | 0.00 | 1.21 | 1.50 | 1.50 | 1.50 | 1.50 | 2.00 | 1.80 | 1.80 | 1.80 | 0.00 | |
| 0.50 | 0.90 | 0.94 | 1.14 | 1.06 | 0.69 | 0.53 | 0.63 | 0.15 | 0.15 | 0.18 | 7.02 | 21.12 | |
| Total Liabilities | 5.16 | 5.82 | 4.57 | 2.82 | 0.94 | 0.23 | 0.04 | 0.03 | 0.76 | 0.32 | 0.22 | 7.30 | 22.75 |
| 1.19 | 0.49 | 0.41 | 0.25 | 0.08 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.10 |
| Investments | 0.01 | 1.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| 3.96 | 4.26 | 4.14 | 2.56 | 0.85 | 0.20 | 0.03 | 0.02 | 0.75 | 0.31 | 0.14 | 7.22 | 22.64 | |
| Total Assets | 5.16 | 5.82 | 4.57 | 2.82 | 0.94 | 0.23 | 0.04 | 0.03 | 0.76 | 0.32 | 0.22 | 7.30 | 22.75 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.25 | -2.85 | -2.83 | -2.12 | -0.37 | 0.14 | 0.01 | -0.02 | -0.55 | -0.29 | -0.11 | -0.02 | |
| 0.27 | 3.19 | 0.06 | 0.38 | 0.07 | 0.01 | 0.00 | 0.00 | 0.00 | -0.06 | 0.00 | 0.02 | |
| 0.00 | -0.17 | 2.61 | 1.71 | 0.29 | -0.14 | 0.00 | 0.00 | 1.20 | -0.20 | 0.00 | 0.00 | |
| Net Cash Flow | 0.02 | 0.17 | -0.16 | -0.03 | 0.00 | 0.01 | 0.01 | -0.02 | 0.65 | -0.55 | -0.10 | 0.00 |
| Free Cash Flow | -0.62 | 0.28 | -2.86 | -2.12 | -0.37 | 0.14 | 0.01 | -0.02 | -0.55 | -0.36 | -0.11 | -0.02 |
| CFO/OP | 227% | 87% | 95% | 62% | 59% | -39% | -100% | 18% | -5,500% | 116% | 85% | -9% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 10.14 | 0.20 | 6.70 | 2,920.00 | 0.00 | 193.24 | 436.31 | ||||
| Inventory Days | 0.00 | 80.51 | 6.00 | 0.43 | 0.00 | 0.00 | 0.00 | |||||
| Days Payable | 75.15 | 2.07 | 10.97 | |||||||||
| Cash Conversion Cycle | 0.00 | 15.51 | 4.13 | -3.84 | 2,920.00 | 0.00 | 193.24 | 436.31 | ||||
| Working Capital Days | 2,774.00 | 1,460.00 | 60.17 | 13.82 | -1,095.00 | -95.95 | -128.82 | 12.09 | ||||
| ROCE % | 1.06% | -12.73% | -69.24% | -135.22% | -71.79% | 200.00% | -61.54% | -123.81% | 150.00% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| iStreet Bazaar Stores Number |
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| Gross Merchandise Value (GMV) INR Lacs |
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| Number of Transactions Absolute |
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| Citicycle Fleet Target Number of Bicycles |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
2d - Mr. Bhargeshwar Banerji resigned as Independent Director, effective March 7, 2026, due to personal commitments.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended March 31, 2026
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Announcement under Regulation 30 (LODR)-Allotment
27 Mar - Conversion of 11,16,667 warrants into equity; ₹50,24,999 received on March 27, 2026.
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Closure of Trading Window
26 Mar - Trading window closed April 1, 2026 until 48 hours after Q4 FY2026 unaudited results declaration.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2025TranscriptPPTREC
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Apr 2019TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Jan 2016TranscriptAI SummaryPPT
Change in Business Model[1][2]
iStreet Network Ltd was historically an internet retail and catalogue business operating via the 'iStreet Bazaar' hybrid offline-online model. The company remained dormant since April 2017 due to BSE Graded Surveillance Measure (GSM)/ESM restrictions, resulting in no revenue.
Over the last 3 years, the company has undergone a significant transformation, marked by an ownership change in January 2025, with new promoters Uttam Dave and Yash Maheshwari acquiring control via a 39.94% stake purchase and open offer.[3]