Shyam Telecom Limited (SHYAMTEL) AI Stock Analysis

• Market Cap: ₹102.11M
• 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: 42 Neutral
• Price Target: ₹8.50 ▼(-28.69% Downside)
• Action: Reiterated Date: 03/21/26
• Date: Action: Reiterated 03/21/26

The score is driven primarily by very weak financial fundamentals (zero/near-zero revenue, persistent losses, and materially negative equity), which materially increases risk. Technical indicators also point to a sustained downtrend, while valuation is constrained by negative earnings and no dividend support.

Positive Factors

Low Reported Debt

Near-zero reported debt reduces fixed financing costs and lowers short-to-medium term bankruptcy risk. That durable capital structure gives management optionality to restructure, pursue non-dilutive financing, or invest in recovery initiatives without heavy interest burdens.

Narrowing Net Loss Trend

Steady reduction in annual net losses over multiple years signals structural cost cutting or improved operating discipline. If sustained, this trend reduces cumulative drain on resources and makes a path to breakeven more credible over the 2-6 month horizon.

Lean Operating Footprint

A very small headcount implies low fixed overhead and greater agility to pivot or scale cost-effectively. This lean base preserves cash runway, making it easier to restart growth or integrate new revenue initiatives without heavy incremental staffing costs.

Negative Factors

Negligible/Zero Revenue

Absent a durable revenue base, the company lacks the fundamental engine to fund operations or justify ongoing investment. Zero recent revenue means any recovery depends on successfully launching or winning material new contracts, making medium-term viability uncertain.

Deep Negative Shareholders' Equity

Persistently negative equity reflects accumulated losses and impairs balance-sheet credibility. This structural deficit limits access to conventional equity financing, increases insolvency risk under stress, and can force dilutive or costly recapitalizations.

Inconsistent Cash Generation

Cash flow volatility and mostly negative free cash flow show the business cannot reliably self-fund operations or investments. Over the coming months this constrains strategic options and increases dependence on external funding or asset sales to maintain operations.

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

Financial performance is severely weak: revenue is negligible/zero in recent years, losses persist despite some improvement, and shareholders’ equity is deeply negative and worsening. Cash flow remains inconsistent with mostly negative free cash flow, limiting financial flexibility even though reported debt is low.

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	₹173.29M	40.81	―	―	-26.73%	388.56%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
TNTELE	43 Neutral	₹430.77M	-3.30	―	―	―	―
SHYAMTEL	42 Neutral	₹102.11M	-12.48	―	―	―	―
PBAINFRA	40 Underperform	₹110.57M	-2.65	―	―	―	―