STML
STEELMAN TELECOM financials
- Market cap
- ₹60 Cr
Quarterly results
Q4 FY26: revenue down 1.7%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 80 | 104 | 116 | 102 +85% | 129 +61% | 117 +13% | 114 −2% |
| EBITDA | 0 | 5 | 4 | 3 | 2 | 3 −40% | 3 −25% | 11 +267% |
| Net profit | 0 | 1 | -6 | -6 | -10 | 1 +0% | -9 −50% | -6 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −37.4% 1Y
1Y: ₹123 on 8 Sept 2025 → ₹77. High ₹128 (15 Sept 2025), low ₹50 (25 Mar 2026).
Balance sheet
| Year ending | FY20 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹5 Cr | ₹10 Cr | ₹25 Cr | ₹27 Cr | ₹22 Cr | ₹19 Cr |
| Borrowings | ₹15 Cr | ₹15 Cr | ₹47 Cr | ₹47 Cr | ₹88 Cr | ₹79 Cr |
| Other liabilities | ₹12 Cr | ₹15 Cr | ₹21 Cr | ₹24 Cr | ₹29 Cr | ₹28 Cr |
| Total liabilities | ₹36 Cr | ₹45 Cr | ₹103 Cr | ₹107 Cr | ₹149 Cr | ₹135 Cr |
| Fixed assets | ₹3 Cr | ₹2 Cr | ₹37 Cr | ₹39 Cr | ₹47 Cr | ₹37 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹0 Cr | ₹2 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹32 Cr | ₹43 Cr | ₹59 Cr | ₹68 Cr | ₹100 Cr | ₹98 Cr |
| Total assets | ₹36 Cr | ₹45 Cr | ₹103 Cr | ₹107 Cr | ₹149 Cr | ₹135 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 3% to 424.
- Promoters
- 72.0%
- FIIs
- 2.3%
- Public
- 25.7%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Dec '23: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Mar '24: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Jun '24: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Sep '24: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Dec '24: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Mar '25: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Jun '25: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Sep '25: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Dec '25: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Mar '26: Promoters 72.0%, FIIs 2.3%, Public 25.7%.Jun '26: Promoters 72.0%, FIIs 2.3%, Public 25.7%.
Who is on the register
Named in the Jun 2026 filing
Every holder of STEELMAN TELECOM LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mayank Bindal . | 26.71% | unchanged |
| Girish Bindal . | 11.59% | unchanged |
| Mahendra Bindal . | 10.49% | unchanged |
| Saloni Bindal . | 7.73% | unchanged |
| Shruti Bindal . | 7.73% | unchanged |
| Deep Shikha Bindal . | 3.86% | unchanged |
| Manjushree Bindal . | 3.86% | unchanged |
| Meru Investment Fund Pcc-Cell 1 FPI fund | 1.76% | unchanged |
| Gretex Share Broking Private Limited | 1.61% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse STEELMAN TELECOM LIMITED
Guides on how to read this kind of business and the numbers that matter.