STL Global narrows FY26 net loss as revenue declines

2 min read     Updated on 30 May 2026, 06:49 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

STL Global reported a narrowed net loss of ₹21.55 lakh for FY26, compared to ₹65.70 lakh in FY25, as revenue declined to ₹10,150.75 lakh. The board approved the audited results on May 29, 2026, with finance costs reducing and borrowings decreasing to ₹1,257.30 lakh.

powered bylight_fuzz_icon
41593255

*this image is generated using AI for illustrative purposes only.

STL Global reported a net loss of ₹21.55 lakh for the financial year ended March 31, 2026, narrowing from a net loss of ₹65.70 lakh in the previous year, as revenue from operations declined. Revenue for FY26 stood at ₹10,150.75 lakh, a decrease from ₹11,019.55 lakh in FY25, primarily due to lower income from its textile business segment. For the quarter ended March 31, 2026, the company recorded a net loss of ₹70.44 lakh on revenue of ₹2,061.69 lakh.

The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The results were reviewed by the audit committee and prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013. The statutory auditors, M.M. Goyal & Co., issued an audit report with an unmodified opinion for the period.

Total expenses for FY26 amounted to ₹10,238.18 lakh, slightly lower than the ₹11,129.30 lakh recorded in the previous year. The company managed to reduce its finance costs to ₹74.63 lakh in FY26 from ₹102.44 lakh in FY25. However, employee benefit expenses increased to ₹1,030.68 lakh from ₹894.04 lakh in the same period.

The balance sheet as of March 31, 2026, showed total assets of ₹5,480.83 lakh, a decrease from ₹6,003.31 lakh in the prior year. Total equity stood at ₹2,601.88 lakh, while borrowings, classified under non-current liabilities, were reduced to ₹1,257.30 lakh from ₹1,482.30 lakh. Trade payables to micro and small enterprises decreased significantly to ₹61.54 lakh from ₹125.85 lakh.

Cash flow from operating activities improved to ₹211.87 lakh in FY26 compared to ₹546.96 lakh in the previous year. The company generated ₹96.83 lakh from investing activities, largely due to proceeds from the sale of property amounting to ₹41.94 lakh. Cash used in financing activities was ₹299.63 lakh, driven by a movement in long-term borrowings. Cash and cash equivalents at the end of the year increased to ₹30.60 lakh from ₹21.53 lakh at the beginning of the year.

Financial Performance Summary

Metric FY26 (₹ in lakhs) FY25 (₹ in lakhs)
Revenue from Operations 10,150.75 11,019.55
Total Expenses 10,238.18 11,129.30
Net Profit/(Loss) (21.55) (65.70)
Basic EPS (0.08) (0.24)

Key Balance Sheet Items

Particulars As at 31.03.2026 (₹ in lakhs) As at 31.03.2025 (₹ in lakhs)
Total Assets 5,480.83 6,003.31
Total Equity 2,601.88 2,623.43
Total Borrowings (Non-current) 1,257.30 1,482.30
Trade Receivables 1,799.59 2,059.65

Historical Stock Returns for STL Global

1 Day5 Days1 Month6 Months1 Year5 Years
-1.29%+4.07%-4.48%-14.99%-29.65%-9.37%

What strategic initiatives will STL Global implement to reverse the declining revenue trend in its textile business segment?

Will the company continue to leverage asset sales to bolster cash flow, or are there plans to generate sustainable liquidity from core operations?

How does STL Global plan to manage the rising employee benefit expenses while maintaining its path to profitability?

STL Global confirms full compliance with SEBI regulations for FY26

2 min read     Updated on 26 May 2026, 11:29 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

STL Global Limited reported full compliance with SEBI regulations for the financial year ended March 31, 2026. The Annual Secretarial Compliance Report by Vijay Mourya & Associates confirmed adherence to listing obligations, insider trading norms, and disclosure requirements. The company recorded no deviations, regulatory actions, or auditor resignations during FY26.

powered bylight_fuzz_icon
41320740

*this image is generated using AI for illustrative purposes only.

STL Global Limited has confirmed full compliance with the Securities and Exchange Board of India (SEBI) regulations for the financial year ended March 31, 2026. The Annual Secretarial Compliance Report, submitted to the BSE Limited and National Stock Exchange of India Limited, verified the company's adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable guidelines. The certification ensures stakeholders that the company maintained required governance standards throughout FY26.

The report, issued by Vijay Bahadur, Proprietor of Vijay Mourya & Associates, a Practicing Company Secretary firm, examined the company's documents, records, and filings. The scope of the review included compliance with the SEBI Act, 1992, the Securities Contracts (Regulation) Act, 1956, and specific regulations such as the Prohibition of Insider Trading Regulations, 2015, and the Substantial Acquisition of Shares and Takeovers Regulations, 2011. The review confirmed that the listed entity complied with all applicable provisions during the period.

Compliance Status

The certification detailed the company's compliance status across several key governance areas. The report confirmed that STL Global Limited has adopted and timely updated all applicable policies approved by its board of directors. These policies conform to SEBI regulations and were reviewed as per the guidelines issued by the regulator. Additionally, the company maintained a functional website with accurate web-links for documents required under the annual corporate governance reports.

Particulars Compliance Status Observations
Secretarial Standards Yes None
Adoption and updation of Policies Yes None
Maintenance and disclosures on Website Yes None
Disqualification of Director Yes None
Related Party Transactions Yes None
Disclosure of events or information Yes None
Prohibition of Insider Trading Yes None

Governance and Disclosures

The report further stated that none of the directors of STL Global Limited are disqualified under Section 164 of the Companies Act, 2013. Regarding related party transactions, the company obtained prior approval from the Audit Committee for all such transactions. The entity also provided all required disclosures under Regulation 30 of the SEBI LODR Regulations within the prescribed time limits.

Vijay Mourya & Associates noted that no action was taken against STL Global Limited, its promoters, or directors by SEBI or the stock exchanges during the financial year. The report also confirmed there were no resignations of statutory auditors and no additional non-compliances observed during the review period. The certification emphasized that the responsibility for compliance and authenticity of documents lies with the company's management.

Historical Stock Returns for STL Global

1 Day5 Days1 Month6 Months1 Year5 Years
-1.29%+4.07%-4.48%-14.99%-29.65%-9.37%

How will STL Global's strong compliance record influence investor confidence and stock performance in the upcoming fiscal year?

What strategic initiatives is the company pursuing to maintain governance standards as SEBI regulations evolve?

Could this compliance certification position STL Global for potential inclusion in ESG-focused indices or attract sustainable investment?

More News on STL Global

1 Year Returns:-29.65%