Steelman Telecom Ltd
Incorporated in 2003, Steelcom Telecom Ltd deals in contractual maintenance work and business of interior work[1]
- Market Cap ₹ 61.8 Cr.
- Current Price ₹ 63.9
- High / Low ₹ 174 / 49.0
- Stock P/E 6.47
- Book Value ₹ 66.7
- Dividend Yield 0.00 %
- ROCE 15.0 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.96 times its book value
- 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.45.0 Cr.
* 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 86 | 86 | 89 | 100 | 132 | 189 | 175 | 195 | |
| 82 | 83 | 87 | 94 | 124 | 178 | 162 | 176 | |
| Operating Profit | 3 | 3 | 2 | 6 | 7 | 11 | 13 | 20 |
| OPM % | 4% | 3% | 2% | 6% | 5% | 6% | 7% | 10% |
| 1 | 1 | 1 | -1 | 2 | 2 | 2 | 3 | |
| Interest | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 |
| Profit before tax | 2 | 2 | 2 | 4 | 7 | 10 | 11 | 13 |
| Tax % | 11% | 57% | 21% | 26% | 25% | 27% | 28% | |
| 1 | 1 | 1 | 3 | 6 | 7 | 8 | 10 | |
| EPS in Rs | 2.81 | 1.38 | 2.77 | 5.40 | 5.76 | 7.56 | 8.33 | 9.87 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 20% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 30% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -24% |
| 1 Year: | -61% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 10 | 10 | 10 | 10 |
| Reserves | 5 | 6 | 7 | 10 | 30 | 42 | 50 | 55 |
| 12 | 14 | 12 | 15 | 14 | 17 | 54 | 63 | |
| 8 | 10 | 13 | 15 | 19 | 19 | 23 | 23 | |
| Total Liabilities | 30 | 35 | 37 | 45 | 73 | 88 | 137 | 151 |
| 2 | 2 | 2 | 2 | 1 | 9 | 25 | 24 | |
| CWIP | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 | 5 | 19 | 19 | 19 |
| 27 | 32 | 35 | 43 | 60 | 59 | 93 | 107 | |
| Total Assets | 30 | 35 | 37 | 45 | 73 | 88 | 137 | 151 |
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 |
| Free Cash Flow | 6 | -5 | 2 | -2 | -13 | 7 | -36 |
| CFO/OP | 248% | -124% | 146% | -33% | -80% | 80% | -141% |
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 | -22 | -11 | 2 | 18 | 48 | 28 | 47 |
| ROCE % | 14% | 10% | 23% | 20% | 20% | 15% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Annual Order Value - Bharti Airtel INR Crores |
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| Clean Kilometers Driven (EV) Millions |
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| Cumulative Electric Cab Rides Millions |
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| EV Fleet Size (Snap-E Cabs) Number of Vehicles |
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| Order Value - Reliance Jio INR Crores |
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| Total Permanent Employees Number |
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| Telecom Circles Presence (Airtel/TCS) Number |
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| Telecom Circles Presence (Vodafone) Number |
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Documents
Announcements
- Closure of Trading Window 26 Mar
- DISCLOSURE OF VOTING RESULTS OF EGM [REGULATION 44(3)] OF SEBI (LODR) REGULATIONS 20 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 20 Mar
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
19 Mar - Shareholders approved increase in authorised capital to Rs12.5 crore on 19-Mar-2026 (15 lakh shares).
- Shareholder Meeting / Postal Ballot-Outcome of EGM 19 Mar
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