STL Global Limited (SGL) AI Stock Analysis

• Market Cap: ₹297.31M
• Dividend Yield: N/A
• Average Volume (3M): 2.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.42
• Revenue Growth: 17.46%
• EPS Growth: 92.00%
• Country: IN
• Employees: 221
• Sector: Services
• Sector Strength: N/A
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.10
• Shares Outstanding: 27,452,680
• 10 Day Avg. Volume: 1,820
• 30 Day Avg. Volume: 2,275
• PEG Ratio: 0.66
• Price to Book (P/B): 1.26
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 6.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: ₹12.50 ▼(-0.87% Downside)

The score is held back primarily by weak profitability (losses and negative margins) despite solid revenue growth and improved cash generation. Technical signals are also soft with a negative MACD and price below key longer-term moving averages, while valuation is pressured by a negative P/E and no visible dividend support.

Positive Factors

Revenue Growth Trend

Sustained double-digit revenue growth indicates growing market demand and stronger order flow in the apparel manufacturing segment. Over 2-6 months this supports scale benefits, higher utilization and the potential to convert top-line gains into improved margins if cost control and mix improvements continue.

Operating Cash Flow Recovery

A meaningful recovery in operating cash flow and positive free cash flow enhances liquidity and reduces reliance on external funding. This durable improvement supports working capital needs, funds capex or deleveraging, and gives management flexibility to invest in efficiency or product initiatives over the medium term.

Improved Leverage Position

Declining leverage increases financial resilience and lowers interest burdens, improving capacity to withstand industry cyclicality. A structurally stronger debt-to-equity profile reduces refinancing risk and creates room for strategic investments or margin support through steadier interest costs over coming quarters.

Negative Factors

Profitability and Margin Weakness

Persistent negative net income and EBIT margins undermine long-term sustainability: losses erode equity and limit reinvestment. Unless gross margin expansion or structural cost reduction occurs, ongoing unprofitability will constrain cash generation, strategic flexibility and ability to scale profitably.

High Liabilities Relative to Assets

Elevated liabilities versus assets increase solvency risk and limit balance sheet optionality. Structurally high obligations can pressure liquidity under stress, raise refinancing and covenant risk, and restrict the company's ability to fund growth or absorb shocks without meaningful equity strengthening.

Historic Cash Flow Volatility

Prior cash flow volatility signals earnings and working-capital sensitivity to demand and operational cycles. Inconsistent cash generation increases reliance on short-term financing and complicates planning for capex or debt reduction, making sustainable operational improvements crucial for medium-term financial stability.

STL Global Limited Business Overview & Revenue Model

Company Description

STL Global Limited manufactures and sells textile products in India. The company operates through two segments, Textile and Real Estate Business. It is involved in the knitting, dyeing and processing, yarn dyeing, woven processing, thread sewing, and readymade garments manufacturing businesses. The company also produces and exports men's wear, women's tops, boys and girls wear, kids and infants wear, and knitted and woven bed sheets to the United States, the European Union, Canada, and internationally. In addition, it engages in real estate business. The company was formerly known as Shivalik Global Ltd. STL Global Limited was incorporated in 1997 and is based in Faridabad, India.

How the Company Makes Money

SGL generates revenue through multiple streams, primarily by offering advanced telecommunications equipment and services to telecommunications operators and enterprises. Key revenue streams include the sale of hardware components, software solutions, and managed services. The company also benefits from long-term contracts and partnerships with major telecom operators that provide a stable income source. Additionally, SGL engages in consultancy services to help clients optimize their network infrastructure, further contributing to its earnings. Strategic alliances with technology providers and participation in government projects focused on enhancing digital infrastructure play a significant role in expanding its market presence and revenue potential.

STL Global Limited Financial Statement Overview

Summary

Strong revenue growth (+27%) and improved operating/free cash flow support liquidity, but profitability remains a major weakness with negative net income and EBIT/EBITDA margins. Balance sheet leverage has improved, though liabilities remain high relative to assets.

Income Statement

STL Global Limited experienced significant revenue growth of 27% over the past year, which is a positive indicator. However, the company is struggling with profitability as indicated by negative net income and EBIT margins for the latest period. Gross profit margin improved slightly, but negative EBITDA and net profit margins remain concerning. Overall, revenue growth is a strength, but profitability remains a significant weakness.

Balance Sheet

The company's debt-to-equity ratio has improved, showing reduced leverage, which is a positive sign. Stockholders' equity demonstrates a stable position, and the equity ratio is healthy. However, high liabilities compared to total assets still pose a risk, indicating potential instability if not managed carefully. The balance sheet shows a moderate improvement but requires stronger equity growth to mitigate risks.

Cash Flow

STL Global Limited has turned around its cash flow situation with a significant increase in operating cash flow and positive free cash flow growth, which is a promising sign for liquidity and operational efficiency. The operating cash flow to net income ratio indicates strong cash generation relative to net earnings, despite negative net income. However, volatility in cash flows in previous years suggests the need for maintaining consistent cash flow stability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.10B	1.10B	867.86M	1.01B	1.20B	723.31M
Gross Profit	338.88M	323.30M	228.71M	291.09M	343.75M	187.45M
EBITDA	15.37M	16.10M	-5.22M	23.43M	50.45M	32.95M
Net Income	-5.95M	-6.57M	-25.84M	2.19M	35.03M	374.05M
Balance Sheet
Total Assets	0.00	600.33M	688.96M	665.11M	822.34M	913.71M
Cash, Cash Equivalents and Short-Term Investments	2.15M	2.21M	2.54M	1.09M	1.38M	14.11M
Total Debt	0.00	148.23M	193.23M	185.93M	327.75M	506.13M
Total Liabilities	-262.35M	337.99M	420.05M	370.50M	529.93M	655.58M
Stockholders Equity	262.35M	262.35M	268.91M	294.60M	292.41M	258.12M
Cash Flow
Free Cash Flow	0.00	50.83M	-52.33M	93.94M	180.73M	13.20M
Operating Cash Flow	0.00	54.69M	-48.40M	109.59M	206.98M	17.56M
Investing Cash Flow	0.00	250.00K	-987.00K	-12.82M	-13.49M	-6.93M
Financing Cash Flow	0.00	-55.24M	50.84M	-97.16M	-206.21M	-2.10M

STL Global Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SGL, the sentiment is Neutral. The current price of 12.61 is above the 20-day moving average (MA) of 11.67, above the 50-day MA of 12.48, and below the 200-day MA of 14.12, indicating a neutral trend. The MACD of -0.46 indicates Negative momentum. The RSI at 57.17 is Neutral, neither overbought nor oversold. The STOCH value of 47.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SGL.

STL Global Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SGL	49 Neutral	₹297.31M	-334.96	―	―	17.46%	92.00%
NEXTMEDIA	46 Neutral	₹352.53M	0.48	―	―	-67.89%	―
INFOMEDIA	42 Neutral	₹299.66M	-9.64	―	―	―	―
TNTELE	41 Neutral	₹401.99M	-2.51	―	―	―	―
SITINET	39 Underperform	₹427.31M	-0.21	―	―	-6.97%	-25.25%

STL Global Limited Corporate Events

STL Global Files SEBI Dematerialisation Compliance Certificate for Quarter Ended December 2025

STL Global Limited has submitted a confirmation certificate from its Registrar & Share Transfer Agent, MUFG Intime India Private Limited, to the stock exchanges, in compliance with Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended 31 December 2025. The registrar confirmed that all securities received for dematerialisation during the quarter were duly verified, accepted or rejected within prescribed timelines, listed on the appropriate stock exchanges, and that corresponding physical certificates were mutilated and cancelled with the depositories recorded as registered owners, underscoring the company’s adherence to regulatory requirements and robust share transfer and dematerialisation processes for investors.

STL Global Closes Trading Window Ahead of December Quarter Results

STL Global Limited has announced the closure of its trading window for equity shares from 1 January 2026 until 48 hours after the declaration of its financial results for the quarter and nine months ended 31 December 2025, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code of conduct. The restriction applies to promoters, designated directors, employees and other connected persons, signaling standard compliance ahead of earnings disclosure, with the board meeting date for approving these results to be communicated to the exchanges in due course.