STL Global Limited (SGL)
₹9.56 -0.62% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, STL Global's revenue was ₹20.3 Cr (-19.1% year on year, -1.5% on the previous quarter), and net profit ₹-1.2 Cr (a bigger loss than a year earlier); the operating margin was -4.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹20.3 | -19.1% | -1.5% |
| Operating profit | ₹-0.9 | to loss | loss widened |
| Net profit | ₹-1.2 | loss widened | loss widened |
| EPS (₹) | -0.46 | loss widened | loss widened |
| Operating margin | -4.6% | — | — |
SGL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 89.37% of the SGL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 74.28%. That is close to its usual level. Turnover was only ₹1 lakh, so a handful of trades can move this figure. Volume was 0.3 times its average, well below normal. It closed at a price band (circuit) on 2 sessions in about the last 20.
Delivery in the last 5 sessions: 81.0% · 90.5% · 73.4% · 70.6% · 89.4%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
STL Global Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by its Registrar & Share Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited), on October 7, 2026. It confirms that all securities received for dematerialisation during the quarter were duly processed, verified, and cancelled as per timelines. This is a recurring regulatory filing with no impact on the company's financials.
- Filing pertains to the quarter ended September 30, 2026
- Confirmation certificate issued by RTA MUFG Intime India on October 7, 2026
- Submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
STL Global Limited has issued the notice for its 29th Annual General Meeting to be held on September 30, 2026, via Video Conferencing. Key agenda items include seeking shareholder approval for material related-party transactions (RPT) with Shyam Tex Exports Limited up to ₹60.00 crore for FY 2026-27. This proposed transaction value represents approximately 22.1% of the company's TTM revenue of ₹271 crore. The company is also seeking approval to continue the appointment of Whole Time Director Mr. Sanjiv Kumar Agarwal upon attaining the age of 70 on November 7, 2026.
- 29th Annual General Meeting scheduled for September 30, 2026, at 11:00 AM via VC/OAVM
- Approval sought for material RPT sale/job-work transactions of up to ₹60.00 crore with Shyam Tex Exports Limited for FY 2026-27
- Proposed ₹60.00 crore RPT constitutes ~22.1% of TTM revenue (₹271 crore)
- Continuation of directorship sought for Whole Time Director Sanjiv Kumar Agarwal, turning 70 on November 7, 2026
STL Global Limited (SGL) reported a weak set of numbers for Q1 FY27 (quarter ended June 30, 2026), with revenue from operations falling 19.1% YoY to ₹20.31 Cr. The company's net loss widened significantly to ₹1.25 Cr, compared to a marginal loss of ₹0.10 Cr in the same quarter last year. Total expenses of ₹21.60 Cr exceeded total revenue, primarily due to high raw material costs which accounted for nearly 72% of the top line. The board has scheduled the 29th Annual General Meeting for September 30, 2026.
- Revenue from operations dropped to ₹20.31 Cr from ₹25.12 Cr in the year-ago period.
- Net loss widened to ₹1.25 Cr against a loss of ₹0.10 Cr in June 2025.
- Cost of materials consumed stood at ₹14.60 Cr, representing 71.9% of total revenue.
- Finance costs saw a slight reduction to ₹14.56 lakhs from ₹18.58 lakhs YoY.
- The 29th AGM is scheduled for September 30, 2026, via video conferencing.
STL Global Limited (SGL) reported a weak performance for Q1 FY27, with revenue from operations declining 19.1% YoY to ₹20.31 crore. The company's net loss widened significantly to ₹1.25 crore from a marginal loss of ₹0.10 crore in the same quarter last year. Total expenses of ₹21.60 crore exceeded total income, primarily driven by raw material costs which accounted for 72% of revenue. The board has also scheduled the 29th Annual General Meeting for September 30, 2026, with a record date of September 23, 2026.
- Revenue from operations fell to ₹20.31 crore in Q1 FY27 from ₹25.12 crore in Q1 FY26.
- Net loss for the quarter widened to ₹1.25 crore, resulting in a negative EPS of ₹0.46.
- Total expenses for the period stood at ₹21.60 crore, with raw material consumption at ₹14.60 crore.
- The company fixed September 23, 2026, as the cut-off date for e-voting eligibility for the upcoming AGM.
- Power and fuel expenses remained a significant cost head at ₹2.27 crore for the quarter.
STL Global Limited reported a weak set of numbers for Q1 FY27, with revenue from operations declining 19.1% YoY to ₹20.31 crore. The company's net loss widened significantly to ₹1.25 crore, compared to a marginal loss of ₹0.10 crore in the same quarter last year. Total expenses at ₹21.60 crore exceeded total revenue, primarily due to high material costs which accounted for 71.9% of operational revenue. The board has scheduled the 29th Annual General Meeting for September 30, 2026.
- Revenue from operations fell 19.1% YoY to ₹20.31 crore from ₹25.12 crore in Q1 FY26.
- Net loss widened to ₹1.25 crore for the quarter, a sharp increase from the ₹0.10 crore loss reported in the year-ago period.
- Cost of materials consumed stood at ₹14.60 crore, representing a high concentration of 71.9% of revenue.
- Power and fuel expenses saw a reduction to ₹2.27 crore from ₹3.61 crore in the previous year's corresponding quarter.
- The 29th Annual General Meeting is scheduled for September 30, 2026, with a book closure period from September 24 to September 30.
STL Global Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the period ended June 30, 2026. The certificate, issued by Registrar and Share Transfer Agent (RTA) MUFG Intime India Private Limited, confirms that physical share certificates received for dematerialization were processed, mutilated, and cancelled within prescribed timelines. This is a standard administrative filing required by all listed companies to ensure the integrity of the shareholding records. The filing has no impact on the company's TTM revenue of ₹271 Cr or its operational performance.
- Compliance certificate submitted for the quarter ended June 30, 2026
- Confirmation that dematerialization requests were processed within prescribed SEBI timelines
- RTA MUFG Intime India Private Limited (formerly Link Intime) verified the cancellation of physical certificates
- Company maintains a TTM revenue of ₹271 Cr and TTM PAT of ₹11 Cr as per latest context
STL Global Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure is a standard procedure preceding the announcement of financial results for the quarter ending June 30, 2026. The window will remain closed for all promoters, directors, and designated employees until 48 hours after the results are declared. This filing is administrative and does not provide any preliminary financial data or performance guidance.
- Trading window closure begins on July 1, 2026
- Closure pertains to the financial results for the quarter ended June 30, 2026
- Window to reopen 48 hours after the official declaration of results
- Applies to all promoters, designated directors, and employees of the company
STL Global reported a decline in annual revenue to ₹10,150.75 lakhs for FY26, down from ₹11,019.55 lakhs in FY25. While the full-year net loss narrowed to ₹21.55 lakhs from ₹65.70 lakhs previously, the Q4 performance was disappointing with a net loss of ₹70.44 lakhs compared to ₹39.24 lakhs in the year-ago quarter. The company managed to reduce its long-term borrowings by approximately ₹225 lakhs during the year, though operational revenue remains under pressure. The textile-focused company continues to face challenges in maintaining top-line growth.
- Annual revenue from operations fell 7.9% YoY to ₹10,150.75 lakhs in FY26.
- Full-year net loss narrowed significantly to ₹21.55 lakhs from ₹65.70 lakhs in FY25.
- Q4 FY26 revenue dropped to ₹2,061.69 lakhs compared to ₹2,742.27 lakhs in Q4 FY25.
- Non-current borrowings were reduced to ₹1,257.30 lakhs from ₹1,482.30 lakhs YoY.
- Finance costs decreased to ₹74.63 lakhs for the year from ₹102.44 lakhs in the previous year.
STL Global Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited, covers the quarter ended March 31, 2026. It confirms that all share certificates received for dematerialization were processed, mutilated, and cancelled within the prescribed timelines. This is a standard procedural filing that ensures the company's electronic shareholding records are accurately maintained.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- RTA MUFG Intime India Private Limited confirmed processing of all demat requests.
- Physical share certificates were mutilated and cancelled after due verification.
- Names of depositories were substituted in the register of members within mandated timelines.
STL Global Limited (SGL) has issued a formal clarification to the National Stock Exchange regarding the recent significant movement in its equity share price. The company confirmed that it is in full compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and has disclosed all price-sensitive information. Management stated that there are no pending announcements or undisclosed events that could impact the stock's valuation. The company maintains that the price movement is purely market-driven and not influenced by internal management decisions.
- Responded to NSE surveillance inquiry Ref. No. NSE/CM/Surveillance/16672 dated April 8, 2026
- Confirmed strict adherence to Regulation 30 of SEBI (LODR) Regulations, 2015
- Stated no undisclosed events or information exist that would impact price or volume
- Attributed recent stock volatility entirely to market-driven factors
STL Global Limited has announced the closure of its trading window for all designated persons starting April 1, 2026. This move is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure is in anticipation of the declaration of financial results for the quarter and year ending March 31, 2026. The window will remain closed until 48 hours after the results are officially announced to the stock exchanges.
- Trading window closure effective from April 1, 2026.
- Closure pertains to the financial results for the quarter and year ending March 31, 2026.
- Restriction applies to promoters, directors, designated employees, and their immediate relatives.
- Window to reopen 48 hours after the financial results are declared.
- Board meeting date for result approval to be announced in due course.
STL Global reported a significant improvement in profitability for Q3 FY26, with PAT rising to ₹30.52 lakhs from ₹11.57 lakhs YoY, despite a 15.2% decline in revenue from operations to ₹2,975.03 lakhs. The nine-month performance shows a successful turnaround, posting a profit of ₹48.85 lakhs compared to a loss of ₹26.44 lakhs in the previous year. Profitability was bolstered by a reduction in total expenses, particularly in power, fuel, and other operational expenditures. The board also confirmed the re-appointment of Mr. Naveen Kumar as the Internal Auditor for the current financial year.
- Net Profit for Q3 FY26 increased to ₹30.52 lakhs, up 163.8% from ₹11.57 lakhs in Q3 FY25.
- Revenue from operations stood at ₹2,975.03 lakhs, a decline from ₹3,507.16 lakhs in the corresponding quarter last year.
- Nine-month (9M FY26) PAT turned positive at ₹48.85 lakhs against a loss of ₹26.44 lakhs in 9M FY25.
- Total expenses decreased significantly to ₹2,946.25 lakhs in Q3 FY26 from ₹3,495.58 lakhs in Q3 FY25.
- Basic and Diluted EPS improved to ₹0.11 for the quarter compared to ₹0.04 in the previous year's quarter.
STL Global reported a Net Profit of ₹30.52 lakhs for the quarter ended December 31, 2025, a significant 163% increase from ₹11.57 lakhs in the same period last year. While revenue from operations grew 14.3% sequentially to ₹2,975.03 lakhs, it remains lower than the ₹3,507.16 lakhs achieved in Q3 FY25. Crucially, the company has turned profitable for the nine-month period, posting a PAT of ₹48.85 lakhs compared to a net loss of ₹26.44 lakhs in the previous year. The board also re-appointed Mr. Naveen Kumar as the Internal Auditor for FY 2025-26.
- Net Profit for Q3 FY26 stood at ₹30.52 lakhs, up from ₹11.57 lakhs in Q3 FY25.
- Revenue from operations increased 14.3% QoQ to ₹2,975.03 lakhs from ₹2,602.30 lakhs.
- Nine-month PAT turned positive at ₹48.85 lakhs versus a loss of ₹26.44 lakhs in the prior year period.
- Basic and Diluted EPS improved to ₹0.11 for the quarter compared to ₹0.04 YoY.
- Total expenses for the quarter were managed at ₹2,946.25 lakhs, down from ₹3,495.58 lakhs YoY.
STL Global Limited has received an adverse order from the Commissioner of Income Tax (Appeals) regarding a tax demand of ₹3.05 crores. The demand pertains to assessment years spanning from F.Y. 2015-16 to F.Y. 2020-21. Although the appeal was dismissed on January 31, 2026, the company intends to contest the order further. Management plans to file an appeal before the Income Tax Appellate Tribunal (ITAT) within the prescribed period.
- Income Tax demand of ₹3.05 crores upheld by CIT (Appeals) for F.Y. 2015-16 to F.Y. 2020-21.
- The order was passed under section 250 of the Income Tax Act, 1961.
- Company's initial appeal against the assessment order and demand notice was dismissed.
- Management intends to challenge the decision at the Income Tax Appellate Tribunal (ITAT).
- Company claims there is no material impact on financial or operational activities at this stage.
STL Global Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar & Share Transfer Agent MUFG Intime India Private Limited, confirms the processing of dematerialization requests for the quarter ended December 31, 2025. It verifies that physical share certificates were mutilated and cancelled after due verification, and the names of depositories were updated in the register of members. This is a standard procedural filing required by all listed companies in India.
- Compliance certificate submitted for the quarter ended December 31, 2025
- Confirmation provided by Registrar & Share Transfer Agent MUFG Intime India Private Limited
- Verification that dematerialized securities are listed on the relevant stock exchanges
- Confirmation of physical certificate mutilation and cancellation within prescribed timelines
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment (Textiles) which achieved a revenue growth of 27% YoY, reaching INR 11,019.55 lakhs in FY 2024-25 compared to INR 8,678.61 lakhs in FY 2023-24.
Profitability Margins
Net losses narrowed significantly by 74.6% from INR 258.39 lakhs in FY 2024 to INR 65.67 lakhs in FY 2025. For H1 FY 2025-26, the company pivoted to a profit before tax of INR 20.89 lakhs compared to a loss of INR 56.77 lakhs in the previous full year.
EBITDA Margin
Operating profit before working capital changes stood at INR 98.75 lakhs for H1 FY 2025-26. Core profitability improved as the company transitioned from a negative EPS of INR (0.96) in FY 2024 to INR (0.24) in FY 2025, and further to a positive INR 0.07 in H1 FY 2026.
Capital Expenditure
The company reported a purchase of property, plant, and equipment (CapEx) of INR 28.89 lakhs during H1 FY 2025-26, compared to an expenditure of INR 38.69 lakhs in FY 2024-25.
Credit Rating & Borrowing
Total non-current borrowings stood at INR 1,487.30 lakhs as of September 30, 2025. Finance costs for H1 FY 2025-26 were INR 37.24 lakhs, representing a significant reduction from the INR 102.44 lakhs incurred in FY 2024-25, reflecting a 23.3% reduction in total debt during the prior fiscal year.
Operational Drivers
Raw Materials
Cotton is identified as the primary raw material, with price volatility noted as a significant concern for input costs.
Capacity Expansion
Current property, plant, and equipment is valued at INR 1,643.49 lakhs as of September 30, 2025. Specific MTPA or unit capacity expansion plans are not disclosed.
Raw Material Costs
Raw material costs are impacted by persistent volatility in cotton prices; however, the company achieved a 27% revenue growth through improved product mix and higher sales realization despite these cost pressures.
Manufacturing Efficiency
Revenue growth of 27% was supported by better capacity utilization and an improved product mix, though specific utilization percentages were not disclosed.
Strategic Growth
Expected Growth Rate
27%
Growth Strategy
The company aims to achieve growth by strengthening its customer base, investing in sustainable technologies, and gradually reducing debt (which was reduced by INR 450 lakhs in FY 2025). Management is focusing on transforming into a future-ready textile player through technology adoption and operational excellence.
Products & Services
Textile products and Job-work services (Job-work accounted for INR 180.12 lakhs in related party transactions).
Brand Portfolio
STL Global.
Market Expansion
The company is targeting growth through government schemes such as PLI, MITRA Parks, and RoDTEP to facilitate investment inflows and competitiveness.
External Factors
Industry Trends
The textile sector is currently facing short-term headwinds but maintains a positive long-term outlook. The industry is evolving through sustainable technology adoption and government-led investment parks (MITRA).
Competitive Landscape
The company operates in a competitive textile market where competitiveness is driven by government schemes like RoDTEP and cost efficiency.
Competitive Moat
The company's moat is built on operational excellence and a commitment to transparency and good corporate governance, though it lacks a clear brand or patent-based moat in the provided documents.
Macro Economic Sensitivity
The company is highly sensitive to cotton price volatility and government textile schemes (PLI, MITRA Parks).
Regulatory & Governance
Industry Regulations
Operations are subject to the Companies Act 2013, SEBI (LODR) Regulations 2015, and textile-specific government schemes like PLI and RoDTEP.
Taxation Policy Impact
The company maintains a Deferred Tax Asset of INR 56.92 lakhs as of September 30, 2025.
Legal Contingencies
The Secretarial Audit report for FY 2024-25 confirmed compliance with statutory provisions; no specific pending litigation values were disclosed.
Risk Analysis
Key Uncertainties
Primary risks include persistent volatility in cotton prices and input costs, which could impact the sustainability of the recent pivot to profitability.
Technology Obsolescence Risk
The company is mitigating technology risks by committing to invest in sustainable technologies and technology adoption to become 'future-ready'.
Credit & Counterparty Risk
Trade receivables increased by INR 216.28 lakhs in H1 FY 2025-26, indicating a potential increase in credit exposure to customers.
