Price
Financials
Consolidated, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 55 | 80 | 104 | 116 | 102 | 129 | 117 | 114 |
| Expenses | 55 | 74 | 99 | 113 | 99 | 127 | 114 | 102 |
| Operating Profit | 0 | 5 | 4 | 3 | 2 | 3 | 3 | 11 |
| OPM % | 0.9% | 7% | 4.1% | 2.5% | 2.2% | 2.0% | 2.3% | 10% |
| Other Income | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| Interest | 1 | 2 | 3 | 2 | 2 | 3 | 4 | 4 |
| Depreciation | 1 | 3 | 7 | 8 | 7 | 9 | 10 | 10 |
| Profit before tax | -1 | 2 | -5 | -7 | -7 | -8 | -10 | -1 |
| Tax % | -59% | 37% | 21% | -24% | 46% | -109% | -13% | 343% |
| Net Profit | -0 | 1 | -6 | -6 | -10 | 1 | -9 | -6 |
| EPS in Rs | -0.01 | 0.85 | -1.59 | -1.69 | -3.54 | 2.08 | -2.90 | -3.56 |
| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 87 | 100 | 135 | 220 | 231 | 230 |
| Expenses | 84 | 94 | 129 | 212 | 226 | 216 |
| Operating Profit | 3 | 6 | 6 | 7 | 5 | 14 |
| OPM % | 3.2% | 6% | 4.3% | 3.3% | 2.1% | 6% |
| Other Income | 0 | -1 | 1 | 1 | 2 | 1 |
| Interest | 2 | 1 | 2 | 5 | 6 | 8 |
| Depreciation | 1 | 1 | 4 | 16 | 16 | 19 |
| Profit before tax | 0 | 4 | 1 | -13 | -14 | -12 |
| Tax % | 164% | 26% | 22% | -5% | -38% | 27% |
| Net Profit | -0 | 3 | 1 | -12 | -9 | -15 |
| EPS in Rs | -0.44 | 5.40 | 0.86 | -3.29 | -1.47 | -6.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | 20% | 0% | ||
| Compounded Profit Growth | % | % | % | -343% | ||
| Stock Price CAGR | % | % | -20% | -34% | ||
| Return on Equity | % | -4% | -11% | -20% |
| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 10 | 10 | 10 | 10 |
| Reserves | 5 | 10 | 25 | 27 | 25 | 19 |
| Borrowings | 15 | 15 | 47 | 47 | 85 | 79 |
| Other Liabilities | 12 | 15 | 21 | 24 | 31 | 28 |
| Total Liabilities | 36 | 45 | 103 | 107 | 151 | 135 |
| Fixed Assets | 3 | 2 | 37 | 39 | 53 | 37 |
| CWIP | 0 | 0 | 7 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 32 | 43 | 59 | 68 | 96 | 98 |
| Total Assets | 36 | 45 | 103 | 107 | 151 | 135 |
| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3 | -2 | -0 | 3 | -7 | 14 |
| Cash from Investing Activity | 0 | 0 | -46 | -13 | -32 | -3 |
| Cash from Financing Activity | 1 | 2 | 49 | 9 | 39 | -12 |
| Net Cash Flow | -2 | 0 | 2 | -1 | 0 | -1 |
| Free Cash Flow | -3 | -2 | -46 | -8 | -38 | 11 |
| CFO/OP | -84% | -33% | -6% | 44% | -145% | 101% |
| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 60 | 77 | 84 | 52 | 57 | 37 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 60 | 77 | 84 | 52 | 57 | 37 |
| Working Capital Days | -16 | 18 | -15 | -19 | -19 | -25 |
| ROCE % | 6% | -9% | -9% | -4% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% | 71.98% |
| FIIs | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% | 2.32% |
| Public | 25.71% | 25.70% | 25.70% | 25.70% | 25.69% | 25.70% | 25.70% | 25.70% | 25.69% | 25.69% | 25.70% | 25.69% |
| No. of Shareholders | 556 | 525 | 512 | 487 | 461 | 494 | 446 | 436 | 453 | 436 | 430 | 424 |
Fundamentals
Market Cap₹ 73.2 Cr.
Current Price₹ 75.6
Book Value₹ 29.6
ROCE-3.56 %
ROE-19.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)-343%
Consolidated figures.
Valuation
Market capRs 38 Cr
Enterprise valueRs 41 Cr
P/E (TTM)14.01x
Price to book2.46x
Price to sales0.38x
EV / EBITDA7.99x
EV / EBIT9.25x
EV / sales0.41x
Earnings yield7.14%
Profitability
Operating margin (excl. other income)6.20%
Operating margin (incl. other income)5.13%
EBITDA margin5.13%
Pre-tax margin3.60%
Net profit margin2.68%
ROE21.37%
ROCE16.27%
ROA6.61%
ROIC (approx.)17.55%
Tax rate25.97%
Other income / net worth-7.05%
Growth
Sales growth (latest year)15.88%
Per share
EPS (TTM)Rs 5.40
EPS (latest year)Rs 5.40
Book value per shareRs 30.71
Sales per shareRs 201.50
Cash flow per shareRs -4.13
Free cash flow per shareRs 22.06
Efficiency
Asset turnover2.22x
Fixed asset turnover64.40x
Inventory turnover175.10x
Inventory days2 days
Debtor days77 days
Debtors turnover4.73x
Cash conversion cycle37 days
Working capital days-25 days
Leverage
Total debtRs 15 Cr
Cash and bankRs 11 Cr
Net debtRs 3 Cr
Debt to equity0.97x
Net debt / EBITDA0.67x
Interest coverage5.36x
Owners' fund to total sources33.90%
Debt to assets32.97%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 11 Cr
FCFE (approx.: FCF + change in debt)Rs 11 Cr
Statement figures
Net sales (TTM)Rs 100 Cr
Net sales (latest year)Rs 100 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Other income (TTM)Rs -1 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 51 Cr
Total expenditure (latest year)Rs 94 Cr
Total income (latest year)Rs 99 Cr
Share capitalRs 5 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 45 Cr
Net blockRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 21 Cr
InventoryRs 0 Cr
Other liabilitiesRs 15 Cr
Shares outstanding (crore)0.50
Ownership
Promoter holding71.98% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 543622 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.8% | -2.8% | +1.0 pts |
| 1 month | +26.0% | -6.8% | +32.8 pts |
| 3 years | -48.0% | +14.2% | -62.2 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -189% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 11% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 50% vs sales +16% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹114 Cr -1.7% vs Mar 2024.
Net loss ₹6 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Railtel Corporation of India Ltd | 8,320 | 22.5 | 22.8 % |
| Route Mobile Ltd | 2,815 | 7.95 | 17.4 % |
| STL Networks Ltd | 2,419 | 0.48 % | |
| GTL Ltd | 105 | % | |
| Accord Synergy Ltd | 73 | 84.8 | 9.25 % |
| Nettlinx Ltd | 33 | 0.70 % | |
| Vivo Collaboration Solutions Ltd | 30 | -8.06 % | |
| Uniinfo Telecom Services Ltd | 12 | -0.77 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Steelman Telecom Ltd?
Steelman Telecom Ltd (543622) has a market capitalisation of Rs 73.2 Cr. at the 2026-09-28 close.
What were Steelman Telecom Ltd's latest quarterly results?
In the Mar 2026 quarter, Steelman Telecom Ltd sales was Rs 114 Cr (-1.7% vs Mar 2024) with a net loss of Rs 6 Cr.