अApnaFunda
Menu

SHYAM TELECOM LTD (SHYAMTEL)

Electronic Technology · Telecommunications Equipment · figures to Nov '26

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.46 / 100
Profitability 25Growth 12Balance sheet 100
Compare withSTERLITE TECHNOLOGIESHFCLASTRA MICROWAVE PRODUCTS

Share price

Closing priceAdjusted for splits and bonus issues.

₹11.45 latest close · −38.5% over the last 90 sessions

₹10₹15Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹10₹15Jul 3Sep 4Nov 9

₹11.45 month-end · −6.8% over 12 months

₹10₹15₹20Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹10₹15₹20Nov '25May '26Nov '26

₹11.45 month-end · +39.6% over 3 years

₹10₹20Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹10₹20Nov '23May '25Nov '26

₹11.45 month-end · +89.3% since Jan '19

₹10₹20₹30Jan '19Aug '20Apr '22Nov '23May '25Nov '26 ₹10₹20₹30Jan '19Feb '23Nov '26

52-week range ₹7.07 to ₹25.42 · 1-year volatility 64.7%

How rough has the ride been?

Maximum drawdown-76.9%not yet recovered
1-year volatility64.7%annualised

Drawdown from peak

0%−25%−50%−75%2020202120222023202420252026−74.4% 0%−25%−50%−75%2020202220242026−74.4%
Largest drawdowns

-76.9% (2024-11 peak to 2026-03 low, not yet recovered)

-65.4% (2021-12 peak to 2022-06 low, recovered 2024-04)

-50.5% (2019-12 peak to 2020-12 low, recovered 2021-02)

Where does it rank among Electronic Technology peers?

Each cell is the company's percentile rank among its Electronic Technology peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE1stflat vs a year ago
  • Op. margin49th▼ 11 pts vs a year ago
  • Revenue growth17th▼ 3 pts vs a year ago
  • Debt/equity ↓96thflat vs a year ago
  • Cash cycle ↓92ndflat vs a year ago
  • 12M momentum46th▲ 38 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
Debt/equity ↓
Cash cycle ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Electronic Technology sector page Watch it move against Electronic Technology in the Observatory

What is the price implying?

Trailing earnings per share are negative, so a P/E-based figure does not exist. See the loss-makers list on the Expectations Gap page for a revenue-based version.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Electronic Technology The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹11.45
ROCE
-23.0%
Market Cap
₹13 cr
Revenue (TTM)
₹248 cr
P/S
0.1x
P/B
0.9x
ROE
-195.2%
Operating Margin
13.0%
Debt / Equity
0.0x
Promoter Holding
66.2%
12M Momentum
-6.8%

52-week range

₹7.07₹25.42
24% of the way from its 52-week low to its high

Price risk

1Y volatility
64.7%
Beta vs sector
1-year daily
0.26

Balance sheet & cash

Interest cover
operating profit ÷ interest
-0.7x
Cash from profit, 3Y
operating cash flow ÷ net profit
5.00x
Share count, 1Y
unchanged

Are profits backed by cash?

3 of 4checks within range1 near a threshold
Other income reliance—Not enough data

Not enough reported data to compute this.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion—Not enough data

Not enough reported data to compute this.

Free cash flow3 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (36 vs 36). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress0% of fixed assetsWithin range

Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days0 days / 2 yrsWithin range

Days payable changed by 0 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders rose from 11,268 to 11,955 (+6%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters66.2%66.2%0.0 pts
FIIs———
DIIs———
Public and others33.9%33.9%0.0 pts

Number of shareholders

11,955shareholders+6% since Dec '23
11k12k12k12k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 11,268
Mar '24: 11,310
Jun '24: 11,533
Sep '24: 11,668
Dec '24: 11,894
Mar '25: 11,919
Jun '25: 12,067
Sep '25: 11,963
Dec '25: 11,869
Jun '26: 11,955
 11k12k12k12k Dec '23Sep '24Jun '25Jun '26
Dec '23: 11,268
Mar '24: 11,310
Jun '24: 11,533
Sep '24: 11,668
Dec '24: 11,894
Mar '25: 11,919
Jun '25: 12,067
Sep '25: 11,963
Dec '25: 11,869
Jun '26: 11,955

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

+14.4%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 31 past situations where a non-financial company looked like SHYAM TELECOM LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −21% to +33% vs the market, against 0% for all non-financial companies in the same months.
  • The gap against the base rate (+14.4%, 80% range −7.2% to +23.9%) is within what chance and overlapping periods produce.

Where the 31 outcomes landed

−100%−50%0%+50%+100%
SADBHAV · Oct 2024: −59.3% vs market
NAGAFERT · Jul 2024: −46.6% vs market
SHANTI · Feb 2024: −45.0% vs market
SILLYMONKS · Apr 2023: −44.1% vs market
SETCO · Dec 2021: −39.7% vs market
TEXMOPIPES · Dec 2023: −26.0% vs market
SPENCERS · May 2024: −24.8% vs market
MALUPAPER · Aug 2025: −21.4% vs market
SHIVAMILLS · Mar 2024: −20.1% vs market
JISLDVREQS · Oct 2023: −18.6% vs market
MADHUCON · Aug 2022: −10.8% vs market
VISACHROME · Jul 2022: −9.7% vs market
S&SPOWER · Mar 2021: −5.4% vs market
FLEXITUFF · Apr 2024: −2.7% vs market
ESSARSHPNG · Apr 2022: +5.7% vs market
BLBLIMITED · Feb 2020: +14.4% vs market
MOHITIND · Jul 2024: +20.1% vs market
ELECTHERM · Sep 2022: +23.7% vs market
TVVISION · Feb 2021: +25.0% vs market
UNIINFO · Mar 2023: +28.0% vs market
RADAAN · Dec 2021: +28.6% vs market
SHAHALLOYS · Jul 2020: +31.4% vs market
SUPREMEINF · Feb 2022: +31.5% vs market
BEDMUTHA · Jan 2020: +34.5% vs market
DGCONTENT · Mar 2022: +45.9% vs market
ANIKINDS · Mar 2021: +62.2% vs market
ASAL · Jul 2020: +98.0% vs market
IMAGICAA · Apr 2021: +106.3% vs market
VARDMNPOLY · Mar 2020: +169.1% vs market
NITCO · Nov 2023: +245.1% vs market
CCCL · Sep 2021: +309.7% vs market
Similar setups +14.4%All companies 0%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 4 beyond the range shown, drawn at the edge

Similar setups' median
+14.4%
All companies' median
0%
Beat the market
55% vs 50%

31 past situations · 31 companies · 27 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
MADHUCON
Industrial Services		 Aug 2022 —-4% +37%−49% −11%
FLEXITUFF
Process Industries		 Apr 2024 —-15% +27%−36% −3%
DGCONTENT
Commercial Services		 Mar 2022 —-19% +59%−51% +46%
JISLDVREQS
Producer Manufacturing		 Oct 2023 —— +46%−28% −19%
VARDMNPOLY
Process Industries		 Mar 2020 —-7% −61%−65% +169%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SUPREMEINF
Industrial Services		 Feb 2022 —-3% +18%−49% +32%
SHAHALLOYS
Non-Energy Minerals		 Jul 2020 —-51% −25%−44% +31%
CCCL
Industrial Services		 Sep 2021 —-3% +125%−63% +310%
How reliable is this?

Matched on P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: interest cover, revenue growth and ROCE. Not used (unavailable for this company): P/E. This company is loss-making, so it was only compared with loss-making companies. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to SHYAM TELECOM LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What changed?

18 events since Feb '19

  1. SepPeer rankSlipped to the 3rd quartile of Electronic Technology on operating margin (from the 2nd quartile).
  2. MarPriceFell 77% from the Nov 2024 peak to the Mar 2026 low.
  3. MarPeer rankMoved into the 2nd quartile of Electronic Technology on operating margin (from the 3rd quartile).
  4. DecPeer rankSlipped to the 3rd quartile of Electronic Technology on operating margin (from the 2nd quartile).
  5. OctPriceRegained the 2024-05 peak, 0 months after the low.
  6. OctPriceFell 37% from the May 2024 peak to the Oct 2024 low.
  7. AprPriceRegained the 2021-12 peak, 22 months after the low.
  8. JunPriceFell 65% from the Dec 2021 peak to the Jun 2022 low.
Show 10 earlier events
  1. DecPriceRegained the 2021-07 peak, 3 months after the low.
  2. SepPriceFell 50% from the Jul 2021 peak to the Sep 2021 low.
  3. JulPriceRegained the 2021-03 peak, 1 month after the low.
  4. JunPriceFell 25% from the Mar 2021 peak to the Jun 2021 low.
  5. FebPriceRegained the 2019-12 peak, 2 months after the low.
  6. DecPriceFell 50% from the Dec 2019 peak to the Dec 2020 low.
  7. NovPriceRegained the 2019-03 peak, 1 month after the low.
  8. OctPriceFell 32% from the Mar 2019 peak to the Oct 2019 low.
  9. MarPriceRegained the 2019-01 peak, 1 month after the low.
  10. FebPriceFell 28% from the Jan 2019 peak to the Feb 2019 low.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history95 months · 2019-01 to 2026-11
MonthRevenue (TTM)ROEROCEDebt / Equity
2026-11₹248 cr-195.2%-23.0%0.0x
2026-10₹248 cr-492.9%-23.0%0.0x
2026-09₹248 cr-492.9%-23.0%0.0x
2026-08₹248 cr-492.9%-23.0%0.0x
2026-07₹248 cr-492.9%-23.0%0.0x
2026-06₹248 cr-492.9%-23.0%0.0x
2026-05₹248 cr-492.9%-23.0%0.0x
2026-04₹248 cr-492.9%-23.0%0.0x
2026-03₹248 cr-492.9%-23.0%0.0x
2026-02₹248 cr-492.9%-23.0%0.0x
2026-01₹248 cr-492.9%-23.0%0.0x
2025-12₹248 cr-492.9%-23.0%0.0x
2025-11₹248 cr-492.9%-23.0%0.0x
2025-10₹248 cr-492.9%-23.0%0.0x
2025-09₹248 cr-492.9%-23.0%0.0x
2025-08₹248 cr-492.9%-23.0%0.0x
2025-07₹248 cr-492.9%-23.0%0.0x
2025-06₹248 cr-492.9%-23.0%0.0x
2025-05₹248 cr-492.9%-23.0%0.0x
2025-04₹248 cr-492.9%-23.0%0.0x
2025-03₹248 cr-492.9%-23.0%0.0x
2025-02₹248 cr-492.9%-23.0%0.0x
2025-01₹248 cr-492.9%-23.0%0.0x
2024-12₹248 cr-492.9%-23.0%0.0x
2024-11₹248 cr-492.9%-23.0%0.0x
2024-10₹248 cr-492.9%-23.0%0.0x
2024-09₹248 cr-492.9%-23.0%0.0x
2024-08₹248 cr-492.9%-23.0%0.0x
2024-07₹248 cr-492.9%-23.0%0.0x
2024-06₹248 cr-492.9%-23.0%0.0x
2024-05₹248 cr-492.9%-23.0%0.0x
2024-04₹248 cr-492.9%-23.0%0.0x
2024-03₹248 cr-492.9%-23.0%0.0x
2024-02₹248 cr-492.9%-23.0%0.0x
2024-01₹248 cr-492.9%-23.0%0.0x
2023-12₹248 cr-492.9%-23.0%0.0x
2023-11₹248 cr-492.9%-23.0%0.0x
2023-10₹248 cr-492.9%-23.0%0.0x
2023-09₹248 cr-492.9%-23.0%0.0x
2023-08₹248 cr-492.9%-23.0%0.0x
2023-07₹248 cr-492.9%-23.0%0.0x
2023-06₹248 cr-492.9%-23.0%0.0x
2023-05₹248 cr-492.9%-23.0%0.0x
2023-04₹248 cr-492.9%-23.0%0.0x
2023-03₹248 cr-492.9%-23.0%0.0x
2023-02₹248 cr-492.9%-23.0%0.0x
2023-01₹248 cr-492.9%-23.0%0.0x
2022-12₹248 cr-492.9%-23.0%0.0x
2022-11₹248 cr-492.9%-23.0%0.0x
2022-10₹248 cr-492.9%-23.0%0.0x
2022-09₹248 cr-492.9%-23.0%0.0x
2022-08₹248 cr-492.9%-23.0%0.0x
2022-07₹248 cr-492.9%-23.0%0.0x
2022-06₹248 cr-492.9%-23.0%0.0x
2022-05₹248 cr-492.9%-23.0%0.0x
2022-04₹248 cr-492.9%-23.0%0.0x
2022-03₹248 cr-492.9%-23.0%0.0x
2022-02₹248 cr-492.9%-23.0%0.0x
2022-01————
2021-12₹248 cr-492.9%-23.0%0.0x
2021-11₹248 cr-492.9%-23.0%0.0x
2021-10₹248 cr-492.9%-23.0%0.0x
2021-09₹248 cr-492.9%-23.0%0.0x
2021-08₹248 cr-492.9%-23.0%0.0x
2021-07₹248 cr-492.9%-23.0%0.0x
2021-06₹248 cr-492.9%-23.0%0.0x
2021-05₹248 cr-492.9%-23.0%0.0x
2021-04————
2021-03₹248 cr-492.9%-23.0%0.0x
2021-02₹248 cr-492.9%-23.0%0.0x
2021-01₹248 cr-492.9%-23.0%0.0x
2020-12₹248 cr-492.9%-23.0%0.0x
2020-11₹248 cr-492.9%-23.0%0.0x
2020-10₹248 cr-492.9%-23.0%0.0x
2020-09₹248 cr-492.9%-23.0%0.0x
2020-08₹248 cr-492.9%-23.0%0.0x
2020-07₹248 cr-492.9%-23.0%0.0x
2020-06₹248 cr-492.9%-23.0%0.0x
2020-05————
2020-04₹248 cr-492.9%-23.0%0.0x
2020-03₹248 cr-492.9%-23.0%0.0x
2020-02₹248 cr-492.9%-23.0%0.0x
2020-01₹248 cr-492.9%-23.0%0.0x
2019-12₹248 cr-492.9%-23.0%0.0x
2019-11₹248 cr-492.9%-23.0%0.0x
2019-10₹248 cr-492.9%-23.0%0.0x
2019-09₹248 cr-492.9%-23.0%0.0x
2019-08₹248 cr-492.9%-23.0%0.0x
2019-07₹248 cr-492.9%-23.0%0.0x
2019-06₹248 cr-492.9%-23.0%0.0x
2019-05₹248 cr-492.9%-23.0%0.0x
2019-04₹248 cr-492.9%-23.0%0.0x
2019-03₹248 cr-492.9%-23.0%0.0x
2019-02₹248 cr-492.9%-23.0%0.0x
2019-01₹248 cr-492.9%-23.0%0.0x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

Feedback