Steelman Telecom

Kolkata, India Founded: 1986 • Age: 40 yrs Listed
BPO services are provided for IT, finance, and marketing sectors.

About Steelman Telecom

Steelman Telecom is a publicly listed company based in Kolkata (India) founded in 1986. BPO services are provided for IT, finance, and marketing sectors. The company has 1,396 employees. Its Indian entity Steelman Telecom Limited reported revenue of β‚Ή232 Cr. Its focus areas include BPO Services and Horizontal. Its competitors include Quess, Datamatics and Hexaware; 1 of its 3 listed competitors has raised funding.

Company details

Steelman Telecom was founded in 1986 and is based in Kolkata, India. Operations focus on business process outsourcing within the information technology, finance, and marketing industries. Services include support for various client needs in these areas, with activities centered in the Indian market. The company maintains a presence in telecom-related BPO functions, handling routine and specialized tasks for efficiency.

  • Headquarters Kolkata, India
  • Employees 1,396
  • Stage Public
  • Sectors
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website steelmantelecom.com
  • Social LinkedIn X Facebook
  • Legal Name Steelman Telecom Ltd.
Key Metrics
  • Market Cap
    ₹66.77 Cr

    STML · BSE

  • Share Price
    ₹69.00

    0.00% today

  • Revenue
    ₹230 Cr

    FY 2025-26 · -0.3% YoY

  • EBITDA
    ₹14.25 Cr

    Margin 6.2%

  • Net Profit
    −₹6.31 Cr

    FY 2025-26 · -344.4% YoY

  • Debt / Equity
    2.58

    Interest cover -150.4x

  • Latest Funding Round
    $2.06M (USD), Post-IPO

    Jan 2024

  • Employee Count
    1,396

Funding Insights of Steelman Telecom

  • Total Rounds 1
  • Last Round Post-IPO β€” $2.06M
  • First Round $2.06M

    (Jan 2024)

  • Investors Count 1

All 1 funding rounds of Steelman Telecom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024$2.06MPost-IPO––
Valuation history

1 investors in total: 1 institutional.

Investors in Steelman Telecom

Steelman Telecom has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Navyarth Capital Advisors.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
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Investor details for Steelman Telecom

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

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Board of directors of Steelman Telecom Limited (Steelman Telecom)

Steelman Telecom Limited is the primary company behind Steelman Telecom. The board of Steelman Telecom Limited currently have 5 directors; the longest-serving is Mahendra Bindal, appointed in 2003. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mahendra Bindal
DIN 00484964
Managing Director12 May 200323 yrs 6 moSteelman Telecom Limited
Girish Bindal
DIN 00484979
Director12 May 200323 yrs 6 moSteelman Telecom Limited
Atul Kumar Bajpai
DIN 00173886
Director17 May 20224 yrs 5 moSteelman Telecom Limited
Saloni Bindal
DIN 09607557
Director01 Jul 20224 yrs 4 moSteelman Telecom Limited
Pravin Poddar
DIN 09003659
Director01 Jul 20224 yrs 4 moSteelman Telecom Limited

IPO & Listings of Steelman Telecom

Steelman Telecom is a publicly listed company on the BSE with ticker symbol STML in India, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date10 Oct 2022
  • Listed onBSE: 543622
  • Listed entitySteelman Telecom Ltd.
  • Exchange sectorCommunications
  • ISININE0MSK01016
  • Share price₹69.90 (+7.37% on the day) · 2026-10-09
  • Market capitalisation₹67.6 Cr
  • Volume (last session)1,200

Financials of Steelman Telecom

Exchange-reported figures of Steelman Telecom Limited, the listed company behind Steelman Telecom (BSE: STML).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹230 Cr
-0.3% YoY
EBITDA
₹14.25 Cr
+188.5% YoY
Profit After Tax
−₹6.31 Cr
-344.4% YoY
Net Worth
₹28.65 Cr
-17.9% YoY
Total Assets
₹104 Cr
-15.3% YoY
Total Debt
₹78.68 Cr
-7.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2019-20
Income statement
Revenue23023122013510086.70
Revenue growth-0.3%+5.1%+62.9%+34.3%--
EBITDA14.254.947.155.704.461.61
EBITDA margin+6.2%+2.1%+3.3%+4.2%+4.4%+1.9%
Profit before tax(11.65)(14.32)(12.72)1.053.620.37
Net profit(6.31)(1.42)(3.07)0.753.70(1.44)
Net profit margin-2.7%-0.6%-1.4%+0.6%+3.7%-1.7%
EPS (β‚Ή)(6.47)(1.47)(3.29)0.865.39(0.43)
Balance sheet
Total assets10412386.7684.0432.0525.61
Net worth28.6534.9136.2535.0915.319.86
Total debt78.6885.2747.0747.0914.8914.65
Cash & bank13.7014.3713.5913.7911.4310.35
Net working capital47.5750.0838.9336.8129.3821.20
Cash flow
Cash from operations14.37(7.43)3.06(0.29)(2.06)(2.60)
Cash from investing(3.09)(31.50)(13.45)(46.32)0.340.08
Cash from financing(12.08)39.319.1948.981.760.85
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue18817518913210088.7286.30
Revenue growth+7.0%-7.4%+43.9%+31.0%+13.2%+2.8%-
EBITDA22.5713.0910.777.064.461.992.80
EBITDA margin+12.0%+7.5%+5.7%+5.4%+4.4%+2.2%+3.2%
Profit before tax12.2811.2010.037.403.621.721.59
Net profit9.108.077.445.643.701.150.76
Net profit margin+4.9%+4.6%+3.9%+4.3%+3.7%+1.3%+0.9%
EPS (β‚Ή)9.488.337.575.765.392.761.39
Balance sheet
Total assets13011670.6455.8132.0525.3025.21
Net worth68.8159.6451.5039.8415.3111.5011.01
Total debt58.7653.9716.8614.1214.8912.2514.20
Cash & bank13.2112.1611.7611.9311.4311.3910.21
Net working capital90.0771.1341.6441.6629.3822.3021.74
Cash flow
Cash from operations1.42(18.76)8.65(5.63)(2.06)2.93(4.62)
Cash from investing(1.19)(15.65)(14.28)(10.97)0.341.091.78
Cash from financing(0.46)34.685.1917.111.76(2.98)1.19

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2019-20
Revenue23023122013510086.70
Revenue growth-0.3%+5.1%+62.9%+34.3%--
Other income1.271.791.151.540.691.25
Total expenses21622621312996.0185.09
Employee cost97.8972.2862.6850.0841.8847.17
EBITDA14.254.947.155.704.461.61
EBITDA margin+6.2%+2.1%+3.3%+4.2%+4.4%+1.9%
Depreciation19.4115.5515.984.010.700.90
Interest7.765.505.042.180.831.59
Profit before tax(11.65)(14.32)(12.72)1.053.620.37
Tax3.11(5.46)(0.68)0.230.940.59
Net profit(6.31)(1.42)(3.07)0.753.70(1.44)
Net profit margin-2.7%-0.6%-1.4%+0.6%+3.7%-1.7%
EPS (β‚Ή)(6.47)(1.47)(3.29)0.865.39(0.43)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2019-20
Equity & liabilities
Share capital9.689.689.689.684.994.99
Reserves & surplus18.9720.9522.2925.4110.324.87
Shareholders' funds (net worth)28.6534.9136.2535.0915.319.86
Minority interest(6.03)0.271.150.000.000.00
Secured loans76.6883.2045.6044.7313.3914.15
Unsecured loans2.002.071.472.361.500.50
Total debt78.6885.2747.0747.0914.8914.65
Total liabilities10412386.7684.0432.0525.61
Assets
Gross block95.3092.2062.7545.135.606.47
Net block37.2053.0938.7937.071.563.35
Capital work in progress0.001.620.336.860.000.00
Investments0.000.000.000.000.340.39
Inventories0.220.330.785.440.291.41
Sundry debtors23.4235.9331.2730.9021.2514.16
Cash & bank balances13.7014.3713.5913.7911.4310.35
Loans & advances41.1327.8413.456.029.525.89
Total current assets78.4778.4759.0956.1542.4931.81
Total current liabilities30.9028.3920.1619.3413.1110.61
Net working capital47.5750.0838.9336.8129.3821.20
Total assets10412386.7684.0432.0525.61
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2019-20
Opening cash1.521.152.3511.4311.3912.01
Net cash from operating activities14.37(7.43)3.06(0.29)(2.06)(2.60)
Net cash from investing activities(3.09)(31.50)(13.45)(46.32)0.340.08
Net cash from financing activities(12.08)39.319.1948.981.760.85
Net change in cash(0.80)0.37(1.20)2.360.03(1.66)
Closing cash13.7014.3713.5913.7911.4310.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2019-20
Growth
Sales growth-0.3%+5.1%+62.9%+34.3%--
EBITDA growth+188.5%-30.9%+25.4%+27.8%--
PBT growth+18.7%-12.6%--71.0%+878.4%+9997.0%
Net income growth-344.4%+53.8%-509.3%-79.7%--
Revenue CAGR (3Y)+19.5%+32.0%+36.3%---
EBITDA CAGR (3Y)+35.7%+3.5%+64.4%---
Profitability & leverage
Net income margin-6.4%-3.8%-5.5%+0.6%+2.7%-0.3%
Return on capital employed0.0%-8.5%-9.0%+5.6%+19.4%+12.3%
Return on net worth0.0%-24.9%-33.8%+3.3%+24.2%-14.8%
Debt / equity2.581.861.321.230.971.49
Long-term debt / equity1.080.810.620.520.120.01
Interest cover-150.39-51.84-57.08128.9922.07223.94
Efficiency & per share
Fixed asset turnover2.462.984.075.3217.9413.40
Inventory turnover837.53416.1170.6647.10346.4561.49
Debtors turnover7.766.877.075.184.736.12
EPS (β‚Ή)(6.47)(1.47)(3.29)0.865.39(0.43)
Dividend per share (β‚Ή)0.000.000.000.000.000.00
Book value per share (β‚Ή)29.6031.6533.0436.2630.7119.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue18817518913210088.7286.30
Revenue growth+7.0%-7.4%+43.9%+31.0%+13.2%+2.8%-
Other income3.402.101.912.000.691.431.25
Total expenses16516217912596.0186.7383.50
Employee cost91.0465.6058.1149.4841.8840.0647.22
EBITDA22.5713.0910.777.064.461.992.80
EBITDA margin+12.0%+7.5%+5.7%+5.4%+4.4%+2.2%+3.2%
Depreciation8.431.540.830.590.700.680.87
Interest5.262.451.821.070.831.021.59
Profit before tax12.2811.2010.037.403.621.721.59
Tax3.113.132.691.830.940.360.90
Net profit9.108.077.445.643.701.150.76
Net profit margin+4.9%+4.6%+3.9%+4.3%+3.7%+1.3%+0.9%
EPS (β‚Ή)9.488.337.575.765.392.761.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.689.689.689.684.994.994.99
Reserves & surplus59.1345.6837.5430.1610.326.516.02
Shareholders' funds (net worth)68.8159.6451.5039.8415.3111.5011.01
Secured loans54.9451.3516.3714.1213.3912.2514.15
Unsecured loans3.822.620.490.001.500.000.05
Total debt58.7653.9716.8614.1214.8912.2514.20
Total liabilities13011670.6455.8132.0525.3025.21
Assets
Gross block34.9032.0114.886.125.605.374.83
Net block20.3725.489.471.491.561.902.04
Capital work in progress0.000.000.006.860.000.000.00
Investments18.7518.7518.755.010.340.341.16
Inventories0.220.330.785.440.290.501.41
Sundry debtors26.8735.3130.1530.7721.2519.3013.88
Cash & bank balances13.2112.1611.7611.9311.4311.3910.21
Loans & advances72.7444.3315.8411.149.522.806.50
Total current assets11392.1358.5359.2842.4933.9932.00
Total current liabilities22.9721.0016.8917.6213.1111.6910.26
Net working capital90.0771.1341.6441.6629.3822.3021.74
Total assets13011670.6455.8132.0525.3025.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.460.180.6211.4311.3910.3511.87
Net cash from operating activities1.42(18.76)8.65(5.63)(2.06)2.93(4.62)
Net cash from investing activities(1.19)(15.65)(14.28)(10.97)0.341.091.78
Net cash from financing activities(0.46)34.685.1917.111.76(2.98)1.19
Net change in cash(0.23)0.27(0.44)0.510.031.04(1.66)
Closing cash13.2112.1611.7611.9311.4311.3910.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.0%-7.4%+43.9%+31.0%+13.2%+2.8%-
EBITDA growth+72.4%+21.5%+52.6%+58.3%+124.1%-28.9%-
PBT growth+9.6%+11.7%+35.5%+104.4%+110.5%+8.2%-0.6%
Net income growth+12.8%+8.5%+31.9%+52.4%+221.7%+51.3%-
Revenue CAGR (3Y)+12.5%+20.4%+28.8%+15.1%+5.5%--
EBITDA CAGR (3Y)+47.3%+43.2%+75.6%+36.1%+13.4%--
Profitability & leverage
Net income margin+4.9%+4.6%+3.9%+4.2%+2.7%+1.5%+0.8%
Return on capital employed+14.3%+14.6%+18.7%+19.3%+21.6%+9.7%+13.5%
Return on net worth+14.3%+14.5%+16.0%+20.2%+27.7%+10.4%+6.5%
Debt / equity0.880.640.340.531.011.171.22
Long-term debt / equity0.260.170.030.060.130.080.00
Interest cover37.2021.2118.3116.5422.0777.8682.38
Efficiency & per share
Fixed asset turnover5.617.4818.0422.4618.3217.4018.99
Inventory turnover682.15315.9660.9045.93254.3592.9047.94
Debtors turnover6.035.366.225.064.965.359.54
EPS (β‚Ή)9.488.337.575.765.392.761.39
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)71.1157.2148.8041.1730.7123.0522.07

Timeline of Steelman Telecom

3 dated milestones of Steelman Telecom across 38 years, from founding to its latest funding, stage changes and deals.

  1. Founded Steelman Telecom is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $2.1M.

Competitors of Steelman Telecom

Steelman Telecom has 3 listed competitors in our database, 1 of them funded. They include Quess, Datamatics and Hexaware.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
quesscorp.com2007Bengaluru, India1,860
Provider of outsourcing and business services
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
hexaware.com1990Mumbai, India23,635
Provider of IT consulting and BPO services
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Detailed competitors of Steelman Telecom

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Web traffic of Steelman Telecom

The website of Steelman Telecom (steelmantelecom.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 2.6% vs previous month

Top companies in Business Process Outsourcing (BPO)

3 companies that operate in the same segment as Steelman Telecom (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of outsourcing and business services
2007Bengaluru, Karnataka, IndiaUSD 1.63 B299
Cloud-based text analytics and cognitive automation services are provided.
1975Mumbai, Maharashtra, IndiaUSD 3 MUSD 217.77 M5,560
Electricity generation and distribution are provided in eastern India.
1879Kolkata, West Bengal, IndiaUSD 2.03 B5,688
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Related news about Steelman Telecom

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Frequently Asked Questions about Steelman Telecom

Steelman Telecom was founded in 1986 and raised its 1st funding round 38 years after it was founded.

Steelman Telecom is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Steelman Telecom has 1,396 employees.

The primary company behind Steelman Telecom, Steelman Telecom Limited, reported revenue of β‚Ή232 Cr for FY 2026, down 0% year on year.

Steelman Telecom was founded in 1986 and is based in Kolkata, India. Operations focus on business process outsourcing within the information technology, finance, and marketing industries. Services include support for various client needs in these areas, with activities centered in the Indian market. The company maintains a presence in telecom-related BPO functions, handling routine and specialized tasks for efficiency.

Steelman Telecom's top competitors include Quess, Datamatics and Hexaware.

Yes, Steelman Telecom is publicly traded on BSE under the ticker symbol STML.

Steelman Telecom has 1 investor. Key investors include Navyarth Capital Advisors.

Steelman Telecom operates through Steelman Telecom Limited.

The legal entities of Steelman Telecom currently have 7 directors, including Mahendra Bindal, Girish Bindal, Aparupa Das and others.

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