Shyam Telecom Limited (SHYAMTEL)
₹11.02 -3.33% last close, 16 Oct
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Shyam Telecom's revenue was ₹0.0 Cr, and net profit ₹-0.4 Cr (a smaller loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.5 | loss widened | loss widened |
| Net profit | ₹-0.4 | loss narrowed | loss widened |
| EPS (₹) | -0.32 | loss narrowed | loss widened |
SHYAMTEL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 80.73% of the SHYAMTEL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 76.98%. That is close to its usual level. Turnover was under ₹1 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 98.1% · 75.5% · 62.0% · 49.4% · 80.7%
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
Shyam Telecom Limited has submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2026. The certificate from RTA Indus Shareshree Private Limited confirms that security certificates received for dematerialisation were processed and cancelled within the mandated 15 days. No business, operational, or financial changes were reported. This filing represents purely standard quarterly depository compliance.
- Compliance certificate confirmed under Regulation 74(5) for the quarter ended 30-September-2026
- Issued by RTA Indus Shareshree Private Limited dated 07-Oct-2026
- Confirmation that dematerialisation requests were processed and updated in the member register within 15 days
Shyam Telecom Limited submitted the voting results and scrutinizer's report for its 33rd Annual General Meeting held on September 25, 2026. All 5 resolutions—including the adoption of FY26 financial statements, reappointment of Ajay Khanna as Managing Director, and approval of material related-party transactions—were passed with over 99.99% votes in favor. Overall voter participation was roughly 64.91% of total equity shares (73,15,582 votes polled out of 1,12,70,000 shares), dominated by promoters. The business continues to face severe operational headwinds with zero active sales and an eroded net worth.
- All 5 ordinary and special resolutions approved with over 99.99% of polled votes in favor.
- Total voter turnout stood at 64.91% (73,15,582 votes polled out of 1,12,70,000 total shares).
- Managing Director Ajay Khanna reappointed for a period of 5 consecutive years.
- Material related-party transactions approved with Vihaan Networks, Think of Us India, and other promoter entities.
Shyam Telecom Limited has announced the closure of its Register of Members and Share Transfer Books from Saturday, September 19, 2026, to Friday, September 25, 2026 (both days inclusive) for its 33rd Annual General Meeting (AGM). The AGM is scheduled to take place on Friday, September 25, 2026, at 1:00 PM IST via Video Conferencing/Other Audio Visual Means. Remote e-voting will run from September 22, 2026 (10:00 AM) to September 24, 2026 (5:00 PM), with the cut-off date fixed as September 18, 2026. This is a routine statutory intimation without any direct operational or financial impact.
- Book closure period: September 19, 2026 to September 25, 2026 (both days inclusive)
- 33rd Annual General Meeting (AGM) scheduled on Friday, September 25, 2026 at 1:00 PM IST
- Remote e-voting window opens September 22, 2026 at 10:00 AM and closes September 24, 2026 at 5:00 PM
- Voting cut-off eligibility date set as Friday, September 18, 2026
Shyam Telecom Limited has issued the notice for its 33rd Annual General Meeting (AGM) scheduled for September 25, 2026, via Video Conferencing. The key ordinary and special resolutions include the adoption of FY26 audited accounts and the re-appointment of Mr. Ajay Khanna as Managing Director for a 5-year term starting August 11, 2026. The proposed remuneration for the MD is capped at Rs 1,00,000 per month. Disclosures in the filing indicate FY26 standalone revenue stood at Rs 38.24 Lakhs with a net loss of Rs 502.03 Lakhs.
- 33rd AGM scheduled for Friday, September 25, 2026, at 1:00 PM IST via VC/OAVM
- Special resolution proposed for re-appointment of Ajay Khanna as Managing Director for 5 years from August 11, 2026
- Proposed remuneration for MD set at a maximum of Rs 1,00,000 per month
- Filing reports FY26 total revenue of Rs 38.24 Lakhs against a net loss after tax of Rs 502.03 Lakhs
Shyam Telecom has approved the re-appointment of Mr. Ajay Khanna as Managing Director and Mrs. Chhavi Prabhakar as Independent Director, both for five-year terms ending in 2031. The company's Q1 FY27 results show 'Other Income' of ₹39.73 lakhs, but operational revenue remains negligible. Critically, the statutory auditor has issued an 'Emphasis of Matter' noting that the company's net worth is fully eroded (₹-33 Cr as of FY26) and current liabilities exceed assets, creating material uncertainty regarding its ability to continue as a going concern.
- Re-appointment of Mr. Ajay Khanna as Managing Director for a 5-year term from August 11, 2026, to August 10, 2031.
- Re-appointment of Mrs. Chhavi Prabhakar as Independent Director for a second 5-year term.
- Q1 FY27 'Other Income' reported at ₹39.73 lakhs compared to ₹3.57 lakhs in the year-ago quarter.
- Net worth remains fully eroded with TTM PAT at ₹-69 Cr and current liabilities exceeding assets by ₹27.96 Cr.
- Auditor's limited review report highlights material uncertainty about the company's status as a going concern.
Shyam Telecom reported zero revenue from operations for the quarter ended June 30, 2026, reflecting a total cessation of trading activity. The company's net worth remains fully eroded, and auditors have highlighted material uncertainty regarding its ability to continue as a going concern as current liabilities exceed assets. Despite the lack of operations, the board has approved the re-appointment of Mr. Ajay Khanna as Managing Director for a five-year term. Other income provided a small buffer at Rs 39.73 Lakhs, up from Rs 3.57 Lakhs in the previous year's quarter.
- Revenue from operations for Q1 FY27 was Rs 0, consistent with the company's inactive status.
- Other income increased to Rs 39.73 Lakhs from Rs 3.57 Lakhs in the year-ago period.
- Auditors issued an 'Emphasis of Matter' regarding fully eroded net worth and significant cash losses.
- Mr. Ajay Khanna re-appointed as Managing Director for a 5-year term effective August 11, 2026.
- Current liabilities exceed current assets by approximately Rs 27.96 Cr based on historical context.
Shyam Telecom Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the period ended June 30, 2026. The company's Registrar and Share Transfer Agent (RTA), Indus Shareshree Private Limited, confirmed that all securities received for dematerialization were processed and listed on the exchanges. The RTA also verified that physical certificates were mutilated and cancelled within the mandated 15-day period. This is a routine procedural filing ensuring the integrity of the company's electronic shareholding records.
- Confirmed compliance for the quarter ended June 30, 2026
- Physical share certificates were mutilated and cancelled within 15 days of receipt
- RTA confirmed the name of depositories was substituted in the register of members as registered owners
- Certificate issued by RTA on July 7, 2026, and filed with exchanges on July 9, 2026
Shyam Telecom Limited has submitted a clarification to the NSE regarding the inadvertent omission of a mandatory note on balancing figures in its March 2026 financial results. The company's financial health remains critical, with a reported net loss of ₹502.01 lakhs for FY26, a significant increase from the ₹183.79 lakhs loss in FY25. Most importantly, the company admitted that its net worth is fully eroded, with current liabilities of ₹4,556.19 lakhs vastly exceeding current assets of only ₹72.56 lakhs.
- Net loss for FY26 widened to ₹502.01 lakhs compared to ₹183.79 lakhs in the previous fiscal year.
- Revenue from operations remained at zero for the entire fiscal year, with total income coming from other sources.
- Net worth is completely eroded with 'Other Equity' standing at negative ₹4,428.98 lakhs as of March 31, 2026.
- Current liabilities are approximately 62 times higher than current assets, indicating severe liquidity distress.
Shyam Telecom Limited has notified the stock exchanges regarding the closure of its trading window for all designated persons and their immediate relatives. This closure is effective from July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. The restriction is related to the upcoming declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the results are officially announced to the public.
- Trading window closure begins on July 1, 2026, for all designated persons.
- Closure is in anticipation of the Unaudited Financial Results for the quarter ending June 30, 2026.
- The window will reopen 48 hours after the board meeting where results are approved.
- The specific date for the Board Meeting will be announced separately in due course.
Shyam Telecom reported zero revenue from operations for the entire financial year ended March 31, 2026. The company's annual net loss widened significantly to ₹5.02 crore compared to a loss of ₹1.84 crore in the previous fiscal year. Most critically, the statutory auditors have highlighted that the company's net worth is fully eroded and current liabilities exceed current assets substantially. Despite these factors, the management has prepared the results on a 'going concern' basis, though material uncertainty remains.
- Revenue from operations stood at zero for both Q4 FY26 and the full financial year.
- Net loss for FY26 widened to ₹502.03 lakhs from ₹183.75 lakhs in FY25.
- Auditors issued an 'Emphasis of Matter' regarding the total erosion of net worth and going concern uncertainty.
- Total annual expenses reached ₹539.99 lakhs, driven largely by employee benefits of ₹138.29 lakhs.
- Loss per share (EPS) for the full year deteriorated to -₹4.42 from -₹1.63 in the previous year.
Shyam Telecom Limited has officially responded to queries from the NSE and BSE regarding the recent significant movement in its share price. The company stated that it is not aware of any material information or impending announcements that could have a bearing on the price of its scrip. Management confirmed that no corporate actions or price-sensitive disclosures have been made recently that would contribute to such volatility. The company maintains that the movement is purely market-driven and attributable to general market conditions.
- Company responded to NSE and BSE queries on April 27, 2026, regarding stock price volatility.
- Management confirmed no undisclosed price-sensitive information exists under SEBI LODR Regulation 30.
- The company attributes the recent price fluctuations to general market conditions rather than internal developments.
- Shyam Telecom reiterated its commitment to timely regulatory disclosures for all future material events.
Shyam Telecom Limited has issued a formal clarification to the NSE and BSE regarding recent significant fluctuations in its share price. The company stated that it is not aware of any material information or impending announcements that could have influenced the scrip's movement. Management confirmed that no corporate actions or price-sensitive disclosures have been made recently that would trigger such volatility. The company maintains that the price movement is purely market-driven and attributable to general market conditions.
- Company confirms no undisclosed material information or events are pending.
- Clarification issued in response to queries from NSE and BSE regarding price volatility.
- Management attributes recent stock price movement to general market conditions.
- Reaffirms commitment to SEBI Regulation 30 for all future material disclosures.
Shyam Telecom reported a net loss of ₹27.38 lakhs for the quarter ended December 31, 2025, compared to a loss of ₹41.14 lakhs in the same period last year. Revenue from operations remains negligible at just ₹1.86 lakhs, while nine-month losses have ballooned to ₹466.51 lakhs. The statutory auditors have issued an 'Emphasis of Matter' stating that the company's net worth is fully eroded and current liabilities significantly exceed current assets. These factors raise substantial doubt about the company's ability to continue as a going concern.
- Net loss for Q3 FY26 stood at ₹27.38 lakhs versus a loss of ₹41.14 lakhs in Q3 FY25.
- Revenue from operations dropped to ₹1.86 lakhs from ₹3.32 lakhs in the year-ago period.
- Nine-month (9M) net loss surged significantly to ₹466.51 lakhs from ₹125.68 lakhs year-on-year.
- Statutory auditors highlighted that net worth is fully eroded and current liabilities exceed current assets substantially.
- The company continues to prepare results on a 'going concern' basis despite material financial uncertainty.
Shyam Telecom reported a revenue increase to ₹18.68 Lakhs for the quarter ended December 31, 2025, up from ₹3.32 Lakhs in the previous year. While the quarterly net loss narrowed to ₹27.38 Lakhs from ₹41.49 Lakhs YoY, the nine-month performance shows a significant widening of losses to ₹466.51 Lakhs. Most critically, auditors have issued a 'Going Concern' warning, noting that the company's net worth is fully eroded and current liabilities substantially exceed current assets. The company remains in a precarious financial position despite the marginal improvement in quarterly operational revenue.
- Revenue from operations increased to ₹18.68 Lakhs in Q3 FY26 compared to ₹3.32 Lakhs in Q3 FY25.
- Net loss for the quarter narrowed to ₹27.38 Lakhs from ₹41.49 Lakhs in the corresponding quarter last year.
- Nine-month net loss widened significantly to ₹466.51 Lakhs from ₹129.68 Lakhs in the previous year period.
- Auditors highlighted that net worth is fully eroded and material uncertainty exists regarding the company's ability to continue as a going concern.
- Total expenses for the nine-month period reached ₹491.94 Lakhs against a total revenue of only ₹25.56 Lakhs.
Shyam Telecom Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the period ended December 31, 2025. The certificate, issued by Registrar and Share Transfer Agent (RTA) Indus Shareshree Private Limited, confirms that dematerialization requests were processed within the mandated 15-day timeframe. It also verifies that physical share certificates were mutilated and cancelled after due verification. This is a standard regulatory filing ensuring the integrity of the company's electronic shareholding records.
- Compliance certificate submitted for the quarter ended December 31, 2025.
- RTA confirms that securities received for dematerialization were listed on NSE and BSE.
- Physical certificates were mutilated and cancelled within 15 days of receipt.
- The name of the depositories has been substituted in the register of members as the registered owner.
Financial Performance
Revenue Growth by Segment
The company reported 0% revenue growth as there were no sales during the reporting years FY 2024-25 and FY 2023-24. The business is classified under a single operating segment: Trading in India.
Geographic Revenue Split
100% of operations are based in India; however, the company reported no revenue from any geographic region during FY 2024-25.
Profitability Margins
Profitability margins are not applicable (NA) due to zero sales. The company incurred a net loss of INR 1.84 Cr (INR 183.75 Lakhs) in FY 2024-25, which is a 41.2% reduction in loss compared to INR 3.13 Cr (INR 312.55 Lakhs) in FY 2023-24.
EBITDA Margin
Not applicable due to zero revenue. The company reported a total comprehensive loss of INR 1.85 Cr (INR 184.81 Lakhs) for FY 2024-25 compared to a loss of INR 3.20 Cr (INR 320.46 Lakhs) in the previous year.
Capital Expenditure
Property, Plant, and Equipment (PPE) stood at INR 1.84 Cr as of September 30, 2025, down from INR 1.91 Cr on March 31, 2025, indicating no major new capital expenditure and a depreciation impact.
Credit Rating & Borrowing
Not disclosed in available documents; however, the company faces severe financial stress with a negative Debt-Equity Ratio of (1.63) and fully eroded net worth.
Operational Drivers
Raw Materials
Not applicable as the company is in the business of trading telecom equipment and reported no sales or procurement activity in the current period.
Import Sources
Not disclosed in available documents due to the cessation of active trading operations.
Key Suppliers
Not disclosed in available documents; current payables are long outstanding and in the process of being settled.
Capacity Expansion
No current installed manufacturing capacity as the company operates in trading. There are no planned expansions mentioned given the material uncertainty regarding going concern.
Raw Material Costs
Raw material costs were 0% of revenue due to no sales activity. The company is focused on settling long-outstanding payables.
Manufacturing Efficiency
Not applicable as the company has no manufacturing operations and reported zero sales turnover.
Logistics & Distribution
0% of revenue as there were no sales or distribution activities recorded in FY 2024-25.
Strategic Growth
Expected Growth Rate
0%
Growth Strategy
The company currently has no active growth strategy disclosed beyond maintaining its status as a going concern. Management is focused on resolving long-outstanding receivables and payables and addressing the erosion of net worth, which currently shows liabilities exceeding assets by INR 27.96 Cr.
Products & Services
Trading of telecom equipment and related hardware components.
Brand Portfolio
Shyam Telecom
New Products/Services
No new product launches or services were disclosed in the 2024-25 reports.
Market Expansion
No market expansion plans are currently active; the company is focused on regulatory compliance and financial restructuring.
Market Share & Ranking
Not applicable due to zero revenue and inactive trading status.
External Factors
Industry Trends
The telecom equipment trading industry is shifting toward 5G and advanced networking; however, SHYAMTEL is currently positioned as an inactive player with fully eroded net worth, making it unable to participate in these technology shifts.
Competitive Landscape
The company is currently non-competitive in the telecom trading market due to its financial distress and lack of sales activity.
Competitive Moat
The company currently lacks a sustainable moat as its net worth is fully eroded and it has no active market share or unique product offerings.
Macro Economic Sensitivity
Highly sensitive to the telecom sector's regulatory environment and the company's ability to settle debts. The lack of operations makes it highly vulnerable to inflation in administrative costs.
Consumer Behavior
Not applicable as there is no direct consumer interaction or sales.
Geopolitical Risks
Trade barriers or changes in telecom import regulations would impact the company's ability to restart its trading business.
Regulatory & Governance
Industry Regulations
The company must comply with SEBI (LODR) Regulations 2015 and the Companies Act 2013. It is currently facing scrutiny regarding its 'Going Concern' status due to the total erosion of net worth.
Environmental Compliance
Not applicable for a trading entity; no specific ESG compliance costs were disclosed.
Taxation Policy Impact
The company is subject to standard Indian corporate tax rates; however, it reported a net loss, resulting in no current tax liability for the period.
Legal Contingencies
The company faces multiple legal, regulatory, and tax cases. While specific INR values for all cases are not totaled, the auditors highlighted significant judgment in provisioning for these matters (Notes 24, 25, 26).
Risk Analysis
Key Uncertainties
Material uncertainty exists regarding the company's ability to continue as a going concern (100% risk impact on operations). Current liabilities exceed total assets by INR 27.96 Cr.
Geographic Concentration Risk
100% concentration in India, with no active revenue streams to diversify risk.
Third Party Dependencies
High dependency on statutory authorities for the approval of long-outstanding receivables and on creditors for the settlement of long-outstanding payables.
Technology Obsolescence Risk
High risk; as a telecom trading company, its inactive status during the 5G rollout phase may lead to the obsolescence of its previous product portfolio and technical expertise.
Credit & Counterparty Risk
Poor receivables quality; the company has already made full provisions for long-outstanding receivables that are pending statutory approval.
