STL Networks Ltd
STL Networks Ltd is the new name for Invenia, a company recently demerged from Sterlite Technologies to focus on digital infrastructure and IT services. Operating as a separate entity, it provides services in data centers, cloud networks, and cybersecurity digital infrastructure.[1]
- Market Cap ₹ 2,227 Cr.
- Current Price ₹ 45.6
- High / Low ₹ 56.6 / 15.8
- Stock P/E
- Book Value ₹ 16.2
- Dividend Yield 0.00 %
- ROCE 0.48 %
- ROE -11.3 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 2.81 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -4.10% over last 3 years.
- Company has high debtors of 377 days.
- Working capital days have increased from 208 days to 291 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
Part of BSE Telecommunication
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 1,475 | 1,180 | 959 | 984 | |
| Sales growth | -20% | -19% | +11% | |
| 1,375 | 1,106 | 920 | 936 | |
| Operating Profit | 99 | 74 | 39 | 48 |
| OPM % | 7% | 6% | 4.1% | 4.9% |
| 1 | 7 | 3 | 4 | |
| Interest | 77 | 89 | 117 | 126 |
| Depreciation | 21 | 15 | 37 | 32 |
| Profit before tax | 3 | -23 | -111 | -105 |
| Tax % | -116% | 40% | -11% | |
| 7 | -32 | -99 | -95 | |
| EPS in Rs | 449.33 | -2.03 | -1.96 | |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 94% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -4% |
| Last Year: | -11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|
| Equity Capital | 98 | 0.00 | 98 | 98 |
| Reserves | 840 | 908 | 703 | 694 |
| 427 | 832 | 934 | 783 | |
| 1,455 | 964 | 1,114 | 1,001 | |
| Total Liabilities | 2,820 | 2,704 | 2,849 | 2,576 |
| 133 | 123 | 92 | 92 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 14 |
| 2,687 | 2,581 | 2,757 | 2,470 | |
| Total Assets | 2,820 | 2,704 | 2,849 | 2,576 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 392 | -176 | -111 | |
| 61 | -2 | -12 | |
| -396 | 332 | -4 | |
| Net Cash Flow | 57 | 155 | -127 |
| Free Cash Flow | 391 | -176 | -112 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 424% | -210% | -232% |
Ratios
Consolidated / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 209 | 279 | 377 |
| Inventory Days | 38 | 40 | 86 |
| Days Payable | 1,071 | 868 | 1,117 |
| Cash Conversion Cycle | -823 | -549 | -653 |
| Working Capital Days | 176 | 156 | 291 |
| ROCE % | 4% | 0% |
Insights
In beta| Jun 2025 | |
|---|---|
| Cumulative Fibre Route Kilometres Laid km |
|
| Cumulative Home Passes Completed passes |
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| Data Centres Managed / Established data centres |
|
| O&M and Technology Business Revenue Share % |
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
- Allotment of Equity Shares under STL Networks Limited- Special Purpose Employee Stock Option Scheme-2025
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- STL Networks emerged L1 bidder for Power Grid’s ₹555 crore OT-SOC implementation package.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board approved Q2 FY26 results, appointed interim company secretary, and reported nil deviation in fund utilization.
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Statement Of Deviation & Variation
- Board approved Q2 FY27 results and appointed Anshika Gupta as Interim Company Secretary from October 30, 2026.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- CARE monitoring report for quarter ended September 30, 2026 shows Rs 2 crore utilized; no deviation.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
About :[1]
STLN represents the Global Services Business of Sterlite Technologies Limited, demerged from the latter effective 31 March 2025. STLN provides comprehensive solutions across fibre network services, system integration, IT infrastructure management, data centre network setup, network operations centres and security
operations centres. It undertakes end-to-end network services ranging from designing to fibre deployment to O&M. The company has laid 1,00,000+ fibre route km, completed 2,50,000 home passes, and manages a network of about 50 data centres.