STLNETWORKTelecommunication

STL Networks Limited

Other Telecom Services · ISIN INE1VXE01018 · BSE 544395 · NSE EQ · FV ₹2
Last price
₹37
+4.99%today
What this company does

STL Networks Limited operates in Other Telecom Services, part of the Telecommunication sector. It booked ₹270 cr of revenue in its latest quarter (Q2 FY27) and kept -6.0% of sales as profit. It is the 3rd largest of 4 Other Telecom Services companies we track, by market value.

43out of 100
Equitytale Health Score
Strained

Healthier than 43% of companies in Telecommunication, on the 4 of 6 measures we could read for it. Each measure is ranked against the 14–24 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns15

How much profit it earns on the money it employs

Balance sheet27

How much it owes, and whether earnings cover the interest

Valuation71

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Sales up 17% vs last year
✓ Promoters hold 44%
✓ No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -6.0% net margin
! Low -8.1% return on equity

What if I invest in STLNETWORK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹37▲ +4.99%
latest close · 2026-11-04
52-wk low ₹2374 sessions so far52-wk high ₹57
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio2.28Moderate
Below bookModerateHigh
EV / EBITDA39.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-8.1%Loss
WeakFairStrong ▸15%
Return on capital6.3%Weak
WeakFairStrong
Net margin-6.0%Loss
ThinDecentStrong
EBITDA margin5.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.98Moderate
LowModerateHigh ▸1
Interest cover0.5×Risky
RiskyOkayStrong ▸5×
Current ratio1.41Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,808 cr
Book value
₹16
EPS
₹-0.33
latest quarter
Net debt
₹718 cr
owes more than its cash
Enterprise value
₹2,526 cr
EBITDA
₹64 cr
annualised
EBIT
₹60 cr
annualised
Operating margin
5.6%
Return on assets
-2.5%
Earnings yield
—
P/S
1.67
Sales / share
₹22.1
Tax rate
—
Face value
₹2
Shares
48.8 cr
Working capital
₹673 cr
Current assets
₹2,295 cr
Current liabilities
₹1,622 cr
Delivery %
42.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹270 cr
Other Income₹4 cr
Total Income₹274 cr
Cost of Materials₹156 cr
Purchases of Stock-in-Trade₹48 cr
Employee Benefit Expense₹38 cr
Finance Costs₹32 cr
Depreciation & Amortisation₹97 L
Other Expenses₹16 cr
Total Expenses₹291 cr
Profit before Tax₹-17 cr
Tax Expense₹-62 L
Net Profit₹-16 cr
Net margin on total income-5.9%
Where the money goes · Q2 FY27
% of total spend
Materials + stock-in-trade₹204 cr70.2%
Employee benefit expense₹38 cr12.9%
Finance costs₹32 cr10.9%
Depreciation & amortisation₹97 L0.3%
Other expenses₹16 cr5.6%
Total income ₹274 cr

The company made a net loss of ₹16 cr this quarter — income covered only ₹94 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue203 cr176 cr270 cr
Total income205 cr177 cr274 cr
Expenses254 cr205 cr291 cr
Profit before tax-50 cr-27 cr-17 cr
Tax-3 cr-5 cr-62 L
Net profit (owners' share)-47 cr-22 cr-16 cr
Net margin (owners' share, on revenue)-23.1%-12.4%-6.0%
EPS (₹)-0.96-0.45-0.33
YoY (latest quarter): total income +18.2% · net profit —
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹2,576 cr
Shareholder equity
₹792 cr
parent shareholders
Total debt
₹776 cr
Cash
₹58 cr
Cash flow · H1 FY27
Operating
₹197 cr
Investing
₹-30 cr
Financing
₹-194 cr
Peer comparison
Other Telecom Services · by market value
CompanyPriceMarket capP/E
Railtel Corporation Of India Limited₹230₹7,370 cr47.8
ROUTE MOBILE LIMITED₹456₹2,871 cr9.0
STL Networks Limitedthis company₹35₹1,722 cr—
GTL Limited₹6₹99 cr0.1
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
44.1%
FII / Foreign
1.0%
DII / Domestic
2.5%
Retail / others
52.4%
Smart-money activity
Insider trades
SoldNavin Agarwal · Promoter Group36,945 · ₹19.5 L28 Sep 26
BoughtVeena Jalan · Directors Immediate Relative15,000 · ₹3.7 L5 Aug 26
BoughtVeena Jalan · Directors Immediate Relative10,000 · ₹2.5 L3 Aug 26
Bulk / block deals
BoughtRAMDOOT REALTORS PVT LTD · NSE38.38 L @ ₹36.9130 Oct 26
SoldRAMDOOT REALTORS PVT LTD · NSE38.19 L @ ₹37.0230 Oct 26
BoughtRAMDOOT REALTORS PVT LTD · NSE27.47 L @ ₹34.9629 Oct 26
Stake changes
SoldBandhan Mutual Fund→ 3.35% · 2.79 L2 Jan 26
SoldLata Bhanshali→ 4.86% · 29.62 L5 Sep 25
BoughtBandhan Mutual Fund→ 5.36% · 2.62 cr24 Apr 25
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 8 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and the Auditors thereon
Backed by 98% of shareholders other than promotersneeded 50%
1.32 cr votes for, 2.11 L against · 0% of mutual funds and other big investors said no
2
To re-appoint Mr. Pravin Agarwal (DIN: 00022096), who retires by rotation and being eligible, offers himself for re-appointment, as a Director.
Backed by 74% of shareholders other than promotersneeded 50%
99.81 L votes for, 35.05 L against · 28% of mutual funds and other big investors said no
3
To approve the remuneration of Cost Auditors of the Company for the financial year 2026-27
Backed by 98% of shareholders other than promotersneeded 50%
1.33 cr votes for, 2.19 L against · 0% of mutual funds and other big investors said no
4
To appoint Mr. Chandrasekhara Rao Battula as Whole–Time Director and Interim Chief Executive Officer of the Company.
⚑ Passed only because promoters voted yes
Backed by 75% of shareholders other than promotersneeded 75%
1.01 cr votes for, 33.87 L against · 27% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 44.1% between them · as of 2026-09-30
TWIN STAR OVERSEAS LTD42.89%
VEDANTA LIMITED0.98%
ANKIT AGARWAL0.17%
NAVIN AGARWAL0.05%
PRATIK PRAVIN AGARWAL0.01%
PRAVIN AGARWAL0.01%
ANIL AGARWALno shares
JYOTI AGARWALno shares
Business done with them
FY2026 · 1 of the group
The company paid ₹0 cr to companies in the promoter group last year — about 0.0% of its ₹959 cr revenue and received ₹5 cr back from them.
Vedanta Limited
Sold goods to them · Revenue
also owns 0.98% of the company
₹5 cr
company received

The company also transacted with 11 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹27 cr raised in Jun 2026 by selling shares to selected investors

As of Sep 2026, the company says it has spent 25% of what it set aside. CARE Edge watches the spending on the exchange’s behalf.

Repayment/ Servicing of financial facilities availed by the Company
33%
of what was set aside
General Corporate Purposes
0%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.