Steelman Telecom Limited

BSE: 543622
Steelman Telecom Limited - telecom in New Town, West Bengal, India. FY 2026 financials & compliance.
CIN L55101WB2003PLC096195 Incorporated 12 May 2003 ROC Kolkata HQ New Town, West Bengal, India
Active Listed - BSE: 543622 Public Limited Company telecom
Data last updated
Market Cap
₹82.60 Cr
STML · BSE
Share Price
₹81.00
-4.82% today
Revenue
₹230 Cr
FY 2025-26 · -4.4% YoY
EBITDA
₹14.25 Cr
Margin 6.2%
Net Profit
−₹6.31 Cr
FY 2025-26 · -344.4% YoY
P/E (TTM)
0.0x
P/B 2.9x
ROE
0.0%
ROCE 0.0%
Debt / Equity
2.58
Interest cover -150.4x

About Steelman Telecom Limited

Data last updated: 26 September 2026

Steelman Telecom Limited is a public limited company based in New Town, West Bengal, India. It specialises in telecom equipment and tech solutions, a part of the broader telecommunications sector. Incorporated on 12 May 2003, the company has been in operation for over 23 years.

Registered with ROC Kolkata under CIN L55101WB2003PLC096195. Listed on BSE: 543622.

Capital: an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹9.68 Cr. Formerly known as Dwarka Prasad Bindal & Sons Hotels Private Limited. It is led by directors including Mahendra Bindal and Girish Bindal.

Last AGM: 30 August 2025. Financial statements filed for year ended 31 March 2025. Office: Mani Casadona Flat No 15E1 Floor No – 15 Plot No – Iif/04, Street No – 372 Action Area – Iif New Town Kolkata – 700156, West Bengal, India – 700156.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹230.32 Cr, a decline of 0.27% compared to the previous year. The net worth stands at ₹28.65 Cr (down 17.93% YoY). Total assets are valued at ₹103.97 Cr (down 15.33% YoY).

The company has a workforce of approximately 1,396 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 2 brands - Steelman Telecom, Snap-E Cabs. As per MCA filings, the company has open charges of ₹151.81 Cr and satisfied charges of ₹53.9 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelmantelecom.com.

Company Details of Steelman Telecom Limited
CIN L55101WB2003PLC096195
Registration Number 096195
Incorporation Date 12 May 2003
ROC Kolkata
Listing Status Listed (BSE: 543622)
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Mahendra Bindal Managing Director Girish Bindal Director Saloni Bindal Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    steelmantelecom.com
  • Social Media
  • Registered Address
    Mani Casadona Flat No 15E1 Floor No – 15 Plot No – Iif/04, Street No – 372 Action Area – Iif New Town Kolkata – 700156, West Bengal, India – 700156
  • Industry
    Telecom, Telecom Equipment & Tech Solutions, Telecom Infrastructure
Company report
Steelman Telecom Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Steelman Telecom Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Steelman Telecom Limited

Steelman Telecom Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L55101WB2003PLC096195, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L55101WB2003PLC096195 Current
U55101WB2003PLC096195 Previous
U55101WB2003PTC096195 Previous

Associated Brands with Steelman Telecom Limited

Steelman Telecom Limited operates two associated brands: Steelman Telecom and Snap-E Cabs. These brands represent Steelman Telecom Limited's diversified market presence and brand portfolio.

Brand Description Website
Steelman Telecom
BPO services are provided for IT, finance, and marketing sectors. steelmantelecom.com
Snap-E Cabs
Electric cab services are provided via an app-based booking platform. snapecabs.com

Competitors & Alternatives of Steelman Telecom Limited

Brands and companies operating in the same space as Steelman Telecom Limited include BluSmart, Quess, Datamatics and 7 more.

Competitor Description Location Founded
BluSmart BluSmart Electric ride-hailing and cab services are provided via mobile app. Mumbai, India, India 2019
Quess Quess Provider of outsourcing and business services Bengaluru, India, India 2007
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
TaskUs TaskUs Provider of customer care and back office support services for multiple sectors San Antonio, United States, United States 2008
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
CESC CESC Electricity generation and distribution are provided in eastern India. Kolkata, India, India 1879
Sutherland Sutherland Business process and technology management services are provided globally. Pittsford, United States, United States 1986
eClerx eClerx Provider of business processes, change management, analytics, and data-driven insights services Mumbai, India, India 2000
Hexaware Hexaware Provider of IT consulting and BPO services Mumbai, India, India 1990
Cognizant Cognizant Provider of software development, cloud & data management, and IT consulting services United States 1994

Business Activity of Steelman Telecom Limited

Steelman Telecom Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities Locked
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Auditor Details of Steelman Telecom Limited

Steelman Telecom Limited is audited by Gupta Agarwal & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Gupta Agarwal & Associates Locked Locked Locked
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Board of Directors of Steelman Telecom Limited

Steelman Telecom Limited is currently managed by 5 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mahendra Bindal
Also directs: Steelman Telecom Limited, Polymet Pallets Private Limited, Central Equipment Suppliers Private Limited and 2 more
Managing Director 12 May 2003 23 Years 4 Months Current
Girish Bindal
Also directs: Steelman Telecom Limited, Edp Software Limited
Director 12 May 2003 23 Years 4 Months Current
Saloni Bindal
Also directs: Steelman Telecom Limited
Director 01 Jul 2022 4 Years 2 Months Current
Atul Kumar Bajpai
Also directs: Steelman Telecom Limited, Prabhu Poly Pipes Limited, Peerless Securities Ltd
Director 17 May 2022 4 Years 4 Months Current
Pravin Poddar
Also directs: Steelman Telecom Limited, Amic Forging Limited, Goel Food Products Limited
Director 01 Jul 2022 4 Years 2 Months Current
View all directors

Financials of Steelman Telecom Limited FY 2025-26 filings available

Steelman Telecom Limited reported revenue of ₹230.32 Cr (down 0.27% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · 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-4.4%+6.3%+64.5%+34.6%+12.8%+9997.0%
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 (₹)(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+1.7%-9.2%+43.4%+29.7%+10.7%+3.9%+1.3%
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 (₹)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 26 Sep 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2019-20
Revenue23023122013510086.70
Revenue growth-4.4%+6.3%+64.5%+34.6%+12.8%+9997.0%
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 (₹)(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%+15.9%+9997.0%
EBITDA growth+188.5%-30.9%+25.4%+27.8%+177.0%+9997.0%
PBT growth+18.7%-12.6%--71.0%+878.4%+9997.0%
Net income growth-344.4%+53.8%--79.7%+9998.0%+9997.0%
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 (₹)(6.47)(1.47)(3.29)0.865.39(0.43)
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)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+1.7%-9.2%+43.4%+29.7%+10.7%+3.9%+1.3%
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 (₹)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%+0.9%
EBITDA growth+72.4%+21.5%+52.6%+58.3%+124.1%-28.9%-8.5%
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%-46.5%
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 (₹)9.488.337.575.765.392.761.39
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)71.1157.2148.8041.1730.7123.0522.07
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Shareholding Pattern of Steelman Telecom Limited

As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 72.00%, foreign institutional investors hold 2.30%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 25.70% of Steelman Telecom Limited.

Promoters: 72.00%FII (Foreign Institutional): 2.30%Retail & Others: 25.70%
Jun 2026
QUARTER
72.00% Promoters
2.30% FII (Foreign Institutional)
25.70% Retail & Others
Promoter holding - history
Now 72.00% · Jun 2026High 72.00% · Sep 2025Low 72.00% · Sep 2025
71%71.5%72%72.5%73%Sep 2025Dec 2025Mar 2026Jun 2026Sep 2025: 72.00%Dec 2025: 72.00%Mar 2026: 72.00%Jun 2026: 72.00%72.00%72.00%
Shareholding trend - last 6 quarters
Jun 2026Mar 2026Dec 2025Sep 2025
Promoters72.00%72.00%72.00%72.00%
Public28.00%28.00%28.00%28.00%

Group Structure of Steelman Telecom Limited

Steelman Telecom Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Steelman Telecom Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Ec Wheels India Private Limited U74999WB2022PTC251914 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Steelman Telecom Limited

Open charges
₹151.81 Cr
Satisfied charges
₹53.9 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹130.21 Cr
State Bank of India₹21.60 Cr
Latest charge details
DateLenderAmountStatus
24 Jun 2026 Hdfc Bank Limited ₹40 Lakh Open
27 May 2025 Hdfc Bank Limited ₹40 Lakh Open
03 Feb 2025 State Bank of India ₹21.6 Cr Open
01 Nov 2023 Hdfc Bank Limited ₹7 Lakh Open
11 Sep 2023 Hdfc Bank Limited ₹10 Lakh Open

Total charge records: 9 View all charges

Employees and EPFO Compliance at Steelman Telecom Limited

Steelman Telecom Limited has a workforce of 1,396 employees as of Mar 28, 2024.

Employee count
1,396
Active EPFO establishments
1
Employee growth
17.61%
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GST Compliance of Steelman Telecom Limited

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Credit Ratings, Litigation & Regulatory Alerts for Steelman Telecom Limited

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MSME Payment Delays by Steelman Telecom Limited

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Subsidiaries & Group Companies of Steelman Telecom Limited

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MCA Filings & Documents of Steelman Telecom Limited

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Recent Activity on Steelman Telecom Limited

Charges
24 Jun 2026
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101327430 was registered on 24 Jun 2026.
Charges
08 May 2026
A charge registered on 24 Feb 2021 via Charge ID 100529762 with Hdfc Bank Limited was fully satisfied on 08 May 2026.
Charges
12 Mar 2026
A charge with Hdfc Bank Limited of Rs. 64.62 Cr registered on 17 Jun 2023 with Charge ID 100752195 was modified on 12 Mar 2026.
Charges
12 Mar 2026
A charge with Hdfc Bank Limited of Rs. 64.62 Cr registered on 29 Mar 2014 with Charge ID 10486831 was modified on 12 Mar 2026.
Activity
30 Aug 2025
Steelman Telecom Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Charges
27 May 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101122824 was registered on 27 May 2025.

Frequently Asked Questions about Steelman Telecom Limited

Steelman Telecom Limited is an active public limited company in the telecom sector based in New Town, West Bengal, India. It was incorporated on 12 May 2003 (23+ years old) and is registered under CIN L55101WB2003PLC096195. Listed on BSE: 543622. The company has 1,396 employees.

Steelman Telecom Limited reported revenue of ₹230.32 Cr for FY 2025-26 (down 0.27% YoY) based on consolidated financials.

The current directors of Steelman Telecom Limited are:

The primary industry of Steelman Telecom Limited is telecom. The company specifically operates in telecom equipment and tech solutions. The company is currently active in this sector.

Yes. Steelman Telecom Limited is listed on BSE with code 543622.

Steelman Telecom Limited can be reached at the registered office: Mani Casadona Flat No 15E1 Floor No – 15 Plot No – Iif04, Street No – 372 Action Area – Iif New Town Kolkata – 700156, West Bengal, India – 700156, or through the website steelmantelecom.com.

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