As of 6 Nov 2026, STL Networks is loss-making on a trailing 12-month basis, with a net loss of ₹95 Cr, so it has no P/E ratio. The share price is ₹39.33, 30% below its 52-week high. Debt is 0.99× equity. It is a small-cap company with a market cap of ₹1,920 Cr, ranked 9th of 20 Telecom Services companies by market cap; the shares rose 46% over the past year.
- ₹40.75
- ₹40.81
- ₹38.34
- ₹38.87
- 1.3 Cr
Health check
- ReturnsAhead
+46.2% over a year, better than 7 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROCE -0.7% vs peer median 18.6%.
- Balance sheetStretched
Debt 0.99× equity, operating profit doesn’t cover interest, Piotroski 3 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,920 Cr
- Small cap
- P/E
- n/a
- Industry 18.5
- Price to book
- 2.42
- Peers 3.27
- Dividend yield
- 0.00%
- ROE
- −11.5%
- Peers 20.2%
- ROCE
- −0.7%
- Peers 18.6%
- Debt to equity
- 0.99
- Debt ₹783 Cr
- EPS (TTM)
- −₹1.96
- Face value ₹2
- OPM (TTM)
- 5.0%
- Net margin −9.7%
- Sales growth
- +17.0%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.95
- EV/EBITDA 52.1
Strengths and risks
Strengths
- Quarterly sales up 17.0% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −11.5%.
- 30% below its 52-week high.
- Interest coverage of only 0.3×.
About STL Networks
STL Networks Limited operates as a digital infrastructure and information technology (IT) services company under the Invenia brand in India and the United Kingdom. The company offers cloud services comprising cloud design and consultancy, cloud infrastructure, cloud transformation and migration, and cloud native enablement services; cybersecurity services consisting of cybersecurity consulting, security architecture and engineering, security audit and…
- Headquarters
- Gurugram
- Employees
- 412
- Sector
- Communication Services
- ISIN
- INE1VXE01018
- Website
- inveniatech.com
Price range
- Avg volume (3M)
- 70.2 L
- 1-year return
- plus 46.2%
- From 52-week high
- minus 30.4%
Peers · Telecom Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHARTIARTLBharti Airtel | 2,107.20 | plus 2.45% | 13,15,371 | 41.5 | 12.1 | 16.7% | 57.1% | 1.00 | 14.9% | minus 2.7% |
| IDEAVodafone Idea | 12.76 | minus 1.01% | 1,38,246 | 3.7 | 17.1 | 36.9% | 42.7% | – | 2.1% | plus 37.0% |
| INDUSTOWERIndus Towers | 383.10 | minus 0.03% | 1,01,061 | 14.2 | 6.4 | 18.4% | 54.6% | 0.56 | 4.6% | minus 2.4% |
| BHARTIHEXABharti Hexacom | 1,664.40 | minus 2.01% | 83,220 | 42.3 | 17.3 | 21.1% | 52.9% | 0.86 | 12.4% | minus 9.3% |
| TATACOMMTata Communications | 1,704.80 | minus 0.52% | 48,601 | 44.1 | 12.3 | 15.3% | 19.9% | 3.71 | 11.6% | minus 10.1% |
| TTMLTata Teleservices (Maharashtra) | 39.77 | plus 12.57% | 7,775 | 26.0 | 43.1 | – | 55.0% | – | 1.5% | minus 36.3% |
| RAILTELRailtel Corporation Of India | 241.05 | minus 0.16% | 7,736 | 22.8 | 11.0 | 18.7% | 14.6% | 0.03 | 29.8% | minus 33.7% |
| STLNETWORKSTL Networks | 39.33 | plus 1.18% | 1,920 | – | 34.7 | −0.7% | 6.4% | 0.99 | – | plus 46.2% |
| Median of 7 peers | – | −0.16% | 83,220 | 26.0 | 12.3 | 18.6% | 52.9% | 0.86 | 11.6% | −9.3% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 231 | 335 | 203 | 176 | 270 | |
| 224 | 312 | 197 | 168 | 258 | |
| 6.4 | 22.8 | 6.6 | 8.3 | 12 | |
| 2.8% | 6.8% | 3.2% | 4.7% | 4.4% | |
| 1.2 | 2.5 | 15.4 | 1.2 | 4.1 | |
| 28.5 | 29 | 29 | 35.7 | 31.8 | |
| 3.8 | 2.9 | 27.3 | 1 | 1 | |
| – | −5 | −15.4 | – | – | |
| −24.6 | −11.6 | −49.7 | −27.3 | −16.8 | |
| 21.7% | 9.1% | 5.7% | 19.7% | 3.8% | |
| −19.3 | −10.5 | −46.9 | −21.9 | −16.1 | |
| -0.39 | -0.22 | -0.96 | -0.45 | -0.33 |
Profit & loss
- ROE
- −11.5%
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| 1,178 | 959 | |
| 1,116 | 930 | |
| 62.2 | 29.3 | |
| 5.3% | 3.1% | |
| −0.8 | 41.3 | |
| 70.2 | 103 | |
| 14.9 | 37.3 | |
| 0.8 | −41.3 | |
| −22.9 | −111 | |
| −39.8% | 10.9% | |
| −32 | −99.1 | |
| -0.65 | -2.03 |
Forecast
Balance sheet
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| 97.6 | 97.6 | |
| 810 | 703 | |
| 832 | 934 | |
| 964 | 1,114 | |
| 2,704 | 2,849 | |
| 24 | 12.3 | |
| – | 14.4 | |
| 218 | 89.9 | |
| 2,462 | 2,732 | |
| 2,704 | 2,849 |
Cash flow
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| −176 | −111 | |
| −1.3 | −13.1 | |
| 332 | −4.3 | |
| 155 | −129 | |
| −0.6 | −0.3 | |
| −176 | −112 |
Shareholding pattern
- Promoters44.11%
- Public55.89%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 44.11% | 55.89% | minus 0.03 | |
| 30 Jun 2026 | 44.14% | 55.86% | minus 0.01 | |
| 31 Mar 2026 | 44.15% | 55.85% | minus 0.01 | |
| 31 Dec 2025 | 44.16% | 55.84% | 0.00 | |
| 30 Sep 2025 | 44.16% | 55.84% | – |
Major shareholders
Filings & events
News
No recent news coverage found.