Steelman Telecom Ltd
Incorporated in 2003, Steelcom Telecom Ltd deals in contractual maintenance work and business of interior work[1]
- Market Cap ₹ 144 Cr.
- Current Price ₹ 148
- High / Low ₹ 205 / 114
- Stock P/E 19.0
- Book Value ₹ 56.9
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 16.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.6% CAGR over last 5 years
- Debtor days have improved from 73.6 to 58.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.46.2 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
Sector: Telecomm Equipment & Infra Services Industry: Telecommunications - Service Provider
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 | TTM | |
|---|---|---|---|---|---|---|---|
| 86 | 86 | 89 | 100 | 132 | 189 | 173 | |
| 82 | 83 | 87 | 94 | 124 | 178 | 162 | |
| Operating Profit | 3 | 3 | 2 | 6 | 7 | 11 | 11 |
| 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 | 1 |
| Profit before tax | 2 | 2 | 2 | 4 | 7 | 10 | 10 |
| Tax % | 11% | 57% | 21% | 26% | 25% | 27% | |
| 1 | 1 | 1 | 3 | 6 | 7 | 7 | |
| EPS in Rs | 2.81 | 1.38 | 2.77 | 5.40 | 5.76 | 7.56 | 7.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 29% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 85% |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 19% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 10 | 10 | 10 |
| Reserves | 5 | 6 | 7 | 10 | 30 | 42 | 45 |
| 12 | 14 | 12 | 15 | 14 | 17 | 24 | |
| 8 | 10 | 13 | 15 | 19 | 19 | 19 | |
| Total Liabilities | 30 | 35 | 37 | 45 | 73 | 88 | 99 |
| 2 | 2 | 2 | 2 | 1 | 9 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 7 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 | 5 | 19 | 19 |
| 27 | 32 | 35 | 43 | 60 | 59 | 71 | |
| Total Assets | 30 | 35 | 37 | 45 | 73 | 88 | 99 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 7 | -5 | 3 | -2 | -6 | 9 | |
| -4 | 2 | 1 | 0 | -11 | -14 | |
| 2 | 1 | -3 | 2 | 17 | 5 | |
| Net Cash Flow | 5 | -2 | 1 | 0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 18 | 59 | 79 | 77 | 85 | 58 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 18 | 59 | 79 | 77 | 85 | 58 |
| Working Capital Days | 28 | 49 | 45 | 65 | 82 | 58 |
| ROCE % | 14% | 10% | 23% | 20% | 20% |
Documents
Announcements
-
Update On Change In Shareholding Of Steelman Telecom Limited ('Company') In Its Subsidiary Company, EC Wheels India Pvt Limited
1d - EC Wheels raised Rs.45.76 lakh via Pre-Series A CCPS; Steelman Telecom's stake diluted to 50.51%.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
22 Apr - Steelman Telecom confirms non-applicability of SEBI Large Corporate framework for FY 2024-25.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
16 Apr - Non-applicability of Annual Secretarial Compliance Report for FY25 due to SME listing.
-
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And
Disclosure Requirements) Regulations, 2015 ('Listing Regulations') - Update On Change In Shareholding Of
Steelman Telecom Limited ('Company') In Its Subsidiary Company, EC Wheels India Pvt Limited
9 Apr - Update on shareholding change in EC Wheels India Pvt Limited.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Submission of SEBI compliance certificate for Q1 2025.
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