NSE: SGL · BSE: 532730
STL GLOBAL LIMITED
Manufactures and sells textile products, with a real estate segment that has not generated revenue in the segment data available. FY26 total revenue was Rs 101.51 crore, down 7.9% from the prior year, while the net result was a loss of Rs 21.55 lakhs, an improvement from a loss of Rs 65.70 lakhs in FY25. In the December 2021 segment reporting — the most recent segment breakdown in the facts — textiles accounted for 100% of period segment revenue, with real estate contributing nothing. Raw materials dominate the cost stack at 70.4% of revenue, followed by other operating expenses at 19.1% and employee cost at 10.2%; depreciation was 0.9% of revenue and capex was 0.2%. EBITDA margin was thin at 1.54%. Long-term borrowings stood at Rs 1,257.30 lakhs at FY26 end, reduced from Rs 1,482.30 lakhs. The company faces an Income Tax demand of Rs 3.05 crore for assessment years FY16 to FY21, which it is contesting at ITAT. Operations are run from the corporate office in Faridabad. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Textile Business (100%), Real Estate Business (0%). Thin-margin textile manufacturer with a dormant real estate segment
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 120 | 101 | 87 | 110 | 102 |
| EBITDA (ex other income) | 4 | 2 | (1) | 1 | 1 |
| margin % | 3.4 | 2.3 | (0.6) | 1.0 | 0.8 |
| Owners' profit | 4 | 0 | (3) | (1) | (0) |
| EPS, as reported (₹) | 1.30 | 0.08 | (0.96) | (0.24) | (0.08) |
| ROE % · ROCE % | 12.0 · 7.2 | 0.7 · 2.3 | (9.6) · (3.4) | (2.5) · 1.1 | (0.8) · 1.5 |
| Debt / equity (x) | 0.76 | 0.63 | 0.72 | 0.56 | 0.48 |
| Cash from operations | 22 | 11 | (5) | 5 | 2 |
| Capex | (3) | (2) | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 35 | 27 | 25 | 26 | 30 | 21 | 20 |
| Profit before tax | (0) | 0 | (0) | (0) | 0 | 0 | (1) | (1) |
| Net profit | (0) | 0 | (0) | (0) | 0 | 0 | (1) | (1) |
| EPS (₹) | (0.08) | 0.04 | (0.15) | (0.04) | 0.10 | 0.11 | (0.26) | (0.46) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,325 | 40.9 | 6.55 | 27.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,367 | 74.1 | 4.09 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,669 | 17.0 | 1.39 | 11.3 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 10,870 | 27.4 | 2.28 | 13.4 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,471 | 56.1 | 3.60 | 20.4 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,310 | 35.3 | 5.40 | 22.9 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,207 | 22.0 | 2.80 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,178 | 68.8 | 2.23 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.9 | 1.1 | 78 of 185 | 58% |
| ROCE | (0.3) | 4.3 | 174 of 215 | 19% |
| ROE | (0.8) | 4.7 | 154 of 188 | 18% |
| Debt / Equity | 0.5 | 0.4 | 105 of 188 | 44% |
| EBITDA margin | (4.4) | 9.8 | 180 of 198 | 9% |
| Revenue growth | (19.1) | 6.9 | 160 of 192 | 17% |
| Profit growth | (1204.6) | 20.0 | 199 of 203 | 2% |
| Market cap | 25 | 61 | 159 of 223 | 29% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · STL Global submits RTA dematerialisation certificate for Sept 2026 quarter | compliance | minimal | — | — |
| 30 Sept 2026 · 29th AGM: All four resolutions passed with over 99.99% majority | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 29th AGM held via video conference; voting results pending | board shareholder meetings | medium | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 7 Sept 2026 · Filed copies of newspaper ad for AGM notice, e-voting, book closure | compliance | minimal | — | — |
| 5 Sept 2026 · STL Global submits 29th Annual Report for FY 2025-26 | results | high | — | — |
| 5 Sept 2026 · Notice of 29th AGM on Sep 30, 2026 with RPT approval | board shareholder meetings | low | — | — |
| 27 Aug 2026 · STL Global submits newspaper ad for 29th AGM notice | compliance | minimal | — | — |
| 14 Aug 2026 · STL Global Publishes Q1 FY27 Results in Newspapers | compliance | minimal | — | — |
| 13 Aug 2026 · 29th AGM set for Sept 30, 2026; Q1 FY27 loss widens to Rs 124.59 lakh | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.