Steelman Telecom Ltd
Incorporated in 2003, Steelcom Telecom Ltd deals in contractual maintenance work and business of interior work[1]
- Market Cap ₹ 126 Cr.
- Current Price ₹ 130
- High / Low ₹ 196 / 122
- Stock P/E 15.6
- Book Value ₹ 61.6
- Dividend Yield 0.00 %
- ROCE 15.0 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 60.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.46.2 Cr.
- Working capital days have increased from 87.6 days to 123 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
Telecommunication Telecommunication Telecom - Services Other Telecom Services
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 86 | 86 | 89 | 100 | 132 | 189 | 175 | |
| 82 | 83 | 87 | 94 | 124 | 178 | 162 | |
| Operating Profit | 3 | 3 | 2 | 6 | 7 | 11 | 13 |
| OPM % | 4% | 3% | 2% | 6% | 5% | 6% | 7% |
| 1 | 1 | 1 | -1 | 2 | 2 | 2 | |
| Interest | 2 | 2 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 2 | 2 | 2 | 4 | 7 | 10 | 11 |
| Tax % | 11% | 57% | 21% | 26% | 25% | 27% | 28% |
| 1 | 1 | 1 | 3 | 6 | 7 | 8 | |
| EPS in Rs | 2.81 | 1.38 | 2.77 | 5.40 | 5.76 | 7.56 | 8.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 20% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 30% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 16% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 10 | 10 | 10 |
| Reserves | 5 | 6 | 7 | 10 | 30 | 42 | 50 |
| 12 | 14 | 12 | 15 | 14 | 17 | 54 | |
| 8 | 10 | 13 | 15 | 19 | 19 | 23 | |
| Total Liabilities | 30 | 35 | 37 | 45 | 73 | 88 | 137 |
| 2 | 2 | 2 | 2 | 1 | 9 | 25 | |
| CWIP | 0 | 0 | 0 | 0 | 7 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 | 5 | 19 | 19 |
| 27 | 32 | 35 | 43 | 60 | 59 | 93 | |
| Total Assets | 30 | 35 | 37 | 45 | 73 | 88 | 137 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 7 | -5 | 3 | -2 | -6 | 9 | -19 | |
| -4 | 2 | 1 | 0 | -11 | -14 | -16 | |
| 2 | 1 | -3 | 2 | 17 | 5 | 35 | |
| Net Cash Flow | 5 | -2 | 1 | 0 | 1 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 18 | 59 | 79 | 77 | 85 | 58 | 74 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 18 | 59 | 79 | 77 | 85 | 58 | 74 |
| Working Capital Days | 28 | 49 | 45 | 65 | 82 | 58 | 123 |
| ROCE % | 14% | 10% | 23% | 20% | 20% | 15% |
Documents
Announcements
-
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Non-Exercise Of Option To Convert Of Warrants.
6h - Warrant holders forfeited upfront payment as conversion option expired on July 24, 2025 for 10 lakh warrants.
- INTIMATION OF 22ND ANNUAL GENERAL MEETING OF STL AND BOOK CLOSURE 10 Jul
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON THURSDAY, 10TH DAY OF JULY 2025-DISCLOSURE
PURSUANT TO REGULATION 30 OF THE SEBI (LISTING OBLIGATION & DISCLOSURE REQUIREMENTS)
REGULATIONS, 2015.
10 Jul - Board approved AGM on 30 Aug 2025, object clause change, secretarial audit, and voting arrangements.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Compliance certificate confirming all shares in demat form; no rematerialisation requests for Q2 2025.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 10Th July,2025 For Matters Regarding 22Nd AGM Of Steelman Telecom Limited.
2 Jul - Board meeting on July 10, 2025, to approve AGM matters and related party transactions.
Business Overview:[1][2]
STL is a ISO 9001:2015 certified company. It is engaged in Telecommunication Business and provides highly skilled services to telecom operators and OEMs. Company offers support services and solutions to address Network requirements of Telecom industry. It provides services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance