Shyam Telecom Limited (SHYAMTEL) AI Stock Analysis

• Market Cap: ₹88.13M
• Dividend Yield: N/A
• Average Volume (3M): 642.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.36
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 21
• Sector: Services
• Sector Strength: N/A
• Industry: Communication Equipment
• EPS (TTM): -0.24
• Shares Outstanding: 11,270,000
• 10 Day Avg. Volume: 597
• 30 Day Avg. Volume: 642
• PEG Ratio: 0.19
• Price to Book (P/B): -0.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -741.10
• 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: 41 Neutral
• Price Target: ₹8.50 ▼(-28.69% Downside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is primarily weighed down by very weak financial performance (zero/near-zero revenue, ongoing losses, negative equity, and generally negative free cash flow). Technicals are also bearish with price below all key moving averages and negative MACD, while valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors

Low reported debt

Near-zero reported debt is a durable structural advantage: it limits fixed financing costs and reduces near-term solvency pressure, giving management more runway to restructure operations or raise equity without immediate debt-servicing strain. This supports financial flexibility over months.

Narrowing operating losses

A multi-year improvement in net losses signals progress on cost control or lower cash burn. If sustained, this trend materially improves the company’s path to break-even, reduces the need for frequent external financing, and strengthens prospects for operational recovery over the coming quarters.

Occasional positive operating cash flow

A demonstrated ability to generate positive operating cash flow in at least one recent year shows operations can produce cash under realistic conditions. This indicates that with continued cost discipline or modest revenue recovery, the business has a plausible route to recurring cash generation rather than structural cash burn.

Negative Factors

Negligible revenue base

Near-zero reported revenue is a fundamental structural weakness: without a sustainable revenue stream the company cannot cover fixed costs or scale margins. Over 2–6 months this prevents credible profitability, undermines customer traction visibility, and raises existential funding requirements.

Deepening negative equity

Persistently negative shareholders’ equity reflects accumulated losses and a depleted capital buffer. This structural capital deficit restricts access to traditional financing, increases dilution risk from recapitalizations, and heightens insolvency risk if operating performance does not materially improve.

Mostly negative free cash flow

Consistently negative free cash flow indicates the business cannot self-fund operations and investments. Even with moderated burn, recurring FCF deficits force reliance on external capital, increasing financing risk and dilutive recapitalization likelihood, a durable constraint on strategic flexibility.

Shyam Telecom Limited Business Overview & Revenue Model

Company Description

Shyam Telecom Limited trades in mobile accessories and home appliances in India. The company was founded in 1976 and is based in New Delhi, India.

How the Company Makes Money

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Shyam Telecom Limited Financial Statement Overview

Summary

Very weak fundamentals: revenue is effectively negligible (including zero revenue reported in 2023–2025) with persistent net losses despite some improvement. Balance sheet is materially stressed with consistently negative shareholders’ equity, and cash flow/FCF are mostly negative, indicating the business is not self-funding.

Income Statement

Operating performance is very weak and deteriorated over the period. Revenue is effectively negligible in recent years (including zero revenue reported in 2023–2025), while losses remain persistent: net loss was -18.4M in 2025 vs. -31.3M in 2024 and -48.7M in 2023 (some improvement, but still deeply negative). Gross profit is volatile and often negative (e.g., -13.7M in 2023), indicating an unstable/uneconomic cost structure. Overall, the company lacks a visible path to sustainable profitability without a meaningful revenue base.

Balance Sheet

Leverage appears low based on reported debt (near-zero in most years), which is a positive. However, the balance sheet is structurally stressed due to consistently negative shareholders’ equity (about -280.2M in 2025, worsening from -261.7M in 2024 and -229.7M in 2023), implying accumulated losses and limited financial flexibility. Total assets have also trended down from ~306.3M (2020) to ~176.0M (2025), suggesting ongoing shrinkage. The low debt helps, but negative equity is a major risk factor.

Cash Flow

Cash generation is inconsistent and generally weak. Operating cash flow was positive in 2024 (+1.65M) but turned negative again in 2025 (-0.19M) and was negative in several prior years (e.g., -6.50M in 2022, -15.19M in 2021). Free cash flow is also mostly negative (2025 -0.19M; 2024 -0.18M; 2023 -0.56M), indicating the business is not self-funding. While cash burn has moderated versus earlier years, the lack of durable positive operating cash flow remains a key concern.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	64.00K	4.36M
Gross Profit	-1.00M	1.39M	-428.00K	-13.70M	-14.07M	40.00K
EBITDA	-51.10M	-16.03M	-26.90M	-45.29M	-27.40M	2.69M
Net Income	-53.43M	-18.38M	-31.25M	-48.71M	-36.41M	-4.71M
Balance Sheet
Total Assets	133.14M	175.96M	195.44M	227.42M	247.43M	274.01M
Cash, Cash Equivalents and Short-Term Investments	1.21M	1.40M	1.39M	6.43M	8.10M	7.41M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	457.22M	456.17M	457.16M	457.10M	428.56M	421.31M
Stockholders Equity	-324.07M	-280.20M	-261.72M	-229.67M	-181.13M	-147.31M
Cash Flow
Free Cash Flow	-301.00	-192.00K	-180.00K	-560.00K	-6.50M	-15.19M
Operating Cash Flow	-301.00	-192.00K	1.65M	-560.00K	-6.50M	-15.19M
Investing Cash Flow	110.00	204.00K	-1.63M	345.00K	670.00K	3.10M
Financing Cash Flow	0.00	0.00	0.00	0.00	0.00	-18.00K

Shyam Telecom Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UMESLTD	70 Outperform	₹165.63M	40.81	―	―	-26.73%	388.56%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
TNTELE	43 Neutral	₹397.88M	-3.30	―	―	―	―
SHYAMTEL	41 Neutral	₹88.13M	-12.48	―	―	―	―
PBAINFRA	40 Underperform	₹116.78M	-2.65	―	―	―	―