Starlog Enterprises Ltd
Incorporated in 1983, Starlog Enterprises
Ltd is in the business of providing cranes
on rental basis and ancillary business[1]
- Market Cap ₹ 56.6 Cr.
- Current Price ₹ 37.8
- High / Low ₹ 92.4 / 32.1
- Stock P/E
- Book Value ₹ 61.9
- Dividend Yield 0.00 %
- ROCE -0.79 %
- ROE -2.70 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.61 times its book value
- Debtor days have improved from 249 to 170 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.4% over past five years.
- Company has a low return on equity of -15.2% over last 3 years.
- Contingent liabilities of Rs.188 Cr.
- Company has high debtors of 170 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -12.9%
- Working capital days have increased from -994 days to 122 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Infrastructure Port & Port services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74.37 | 71.77 | 78.63 | 63.45 | 28.37 | 24.56 | 20.71 | 18.14 | 14.48 | 8.01 | 11.41 | 11.99 | 8.12 | |
| 36.62 | 44.80 | 37.84 | 36.52 | 24.50 | 18.29 | 13.04 | 13.40 | 15.08 | 10.14 | 9.26 | 9.46 | 11.19 | |
| Operating Profit | 37.75 | 26.97 | 40.79 | 26.93 | 3.87 | 6.27 | 7.67 | 4.74 | -0.60 | -2.13 | 2.15 | 2.53 | -3.07 |
| OPM % | 50.76% | 37.58% | 51.88% | 42.44% | 13.64% | 25.53% | 37.04% | 26.13% | -4.14% | -26.59% | 18.84% | 21.10% | -37.81% |
| 1.97 | 7.22 | 11.66 | 0.09 | 23.84 | 4.87 | -69.00 | 3.55 | 9.56 | 52.83 | 5.66 | 28.96 | 2.86 | |
| Interest | 32.22 | 31.50 | 29.54 | 30.84 | 23.05 | 24.90 | 25.80 | 27.54 | 26.88 | 10.71 | 5.51 | 1.15 | 1.12 |
| Depreciation | 35.00 | 22.59 | 24.11 | 20.58 | 16.66 | 14.26 | 13.76 | 11.28 | 8.79 | 4.44 | 3.26 | 3.28 | 2.82 |
| Profit before tax | -27.50 | -19.90 | -1.20 | -24.40 | -12.00 | -28.02 | -100.89 | -30.53 | -26.71 | 35.55 | -0.96 | 27.06 | -4.15 |
| Tax % | -33.45% | -31.21% | -39.17% | -3.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.28% | 0.00% | 0.00% | |
| -18.30 | -13.69 | -0.74 | -23.48 | -12.00 | -28.03 | -100.89 | -30.54 | -26.71 | 35.64 | -0.96 | 27.06 | -4.16 | |
| EPS in Rs | -15.29 | -11.44 | -0.62 | -19.62 | -10.03 | -23.42 | -84.31 | -25.52 | -22.32 | 29.78 | -0.80 | 22.61 | -2.74 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -16% |
| 5 Years: | -10% |
| 3 Years: | -6% |
| TTM: | -38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 14% |
| 3 Years: | 25% |
| TTM: | -236% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 23% |
| 3 Years: | 21% |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -15% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 14.97 |
| Reserves | 200.51 | 186.51 | 185.77 | 140.30 | 127.71 | 99.93 | -0.79 | -31.33 | -58.19 | 42.49 | 41.53 | 68.59 | 77.68 |
| 237.83 | 213.47 | 193.73 | 183.93 | 127.49 | 116.39 | 106.11 | 90.92 | 80.60 | 16.59 | 18.65 | 14.03 | 4.18 | |
| 56.94 | 77.61 | 72.32 | 92.33 | 101.26 | 125.27 | 127.49 | 135.64 | 150.86 | 78.99 | 72.14 | 33.34 | 29.38 | |
| Total Liabilities | 507.25 | 489.56 | 463.79 | 428.53 | 368.43 | 353.56 | 244.78 | 207.20 | 185.24 | 150.04 | 144.29 | 127.93 | 126.21 |
| 276.05 | 251.63 | 209.96 | 189.43 | 139.17 | 124.24 | 97.77 | 81.95 | 65.27 | 32.78 | 29.13 | 18.75 | 19.52 | |
| CWIP | 18.73 | 7.09 | 7.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 64.09 | 117.06 | 141.28 | 151.52 | 151.52 | 151.52 | 74.85 | 74.85 | 74.85 | 74.85 | 74.84 | 74.84 | 74.84 |
| 148.38 | 113.78 | 105.46 | 87.58 | 77.74 | 77.80 | 72.16 | 50.40 | 45.12 | 42.41 | 40.32 | 34.34 | 31.85 | |
| Total Assets | 507.25 | 489.56 | 463.79 | 428.53 | 368.43 | 353.56 | 244.78 | 207.20 | 185.24 | 150.04 | 144.29 | 127.93 | 126.21 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33.41 | 67.83 | 59.25 | 25.69 | 8.81 | 11.30 | 4.40 | 10.68 | 9.81 | -6.03 | 5.24 | -21.83 | |
| 0.68 | -17.44 | -7.94 | -2.43 | 34.84 | 2.67 | 16.38 | 8.95 | 10.72 | 24.44 | -3.23 | 10.70 | |
| -37.40 | -50.99 | -50.64 | -22.19 | -45.47 | -14.01 | -19.43 | -21.20 | -18.80 | -17.47 | -2.67 | 9.50 | |
| Net Cash Flow | -3.31 | -0.60 | 0.67 | 1.07 | -1.82 | -0.04 | 1.36 | -1.57 | 1.73 | 0.93 | -0.66 | -1.63 |
| Free Cash Flow | 31.65 | 101.92 | 75.49 | 25.64 | 39.03 | 12.33 | 22.05 | 18.90 | 20.72 | 15.38 | 6.58 | -4.65 |
| CFO/OP | 68% | 241% | 142% | 100% | 210% | 188% | 20% | 233% | -1,338% | 306% | 204% | -964% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 173.40 | 135.89 | 138.29 | 152.85 | 360.24 | 409.58 | 458.06 | 207.65 | 224.34 | 361.35 | 214.97 | 169.87 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 173.40 | 135.89 | 138.29 | 152.85 | 360.24 | 409.58 | 458.06 | 207.65 | 224.34 | 361.35 | 214.97 | 169.87 |
| Working Capital Days | 5.45 | -180.95 | -261.48 | -711.82 | -1,473.77 | -2,065.16 | -2,689.12 | -3,525.25 | -4,674.17 | -2,031.88 | -1,072.93 | 122.07 |
| ROCE % | 1.02% | 1.19% | 4.30% | 1.76% | -4.15% | -1.40% | -2.07% | -3.15% | -10.65% | -8.78% | 5.03% | -0.79% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Block of Fixed Assets (Standalone) ₹ Crores |
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| Maximum Crane Lifting Capacity Metric Tonnes (MT) |
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| Crane Sales/Monetization for Debt Repayment ₹ Lakhs |
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| Number of Employees (on roll) Employees |
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| Tuticorin Coal Terminal (TCTPL) Cargo Handled Million Metric Tonnes (MMT) |
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| Number of Dedicated Maintenance Yards Units |
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| West Quay Multiport (WQMPL) Cargo Handled Million Metric Tonnes (MMT) |
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Documents
Announcements
-
Closure of Trading Window
2d - Trading window closed April 1, 2026 until 48 hours after audited results for quarter/year ended March 31, 2026.
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Newspaper Publication
25 Mar - Starlog Enterprises Limited informs the Exchange about the copy of Newspaper Publication
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
23 Mar - Postal ballot to appoint Megha Sekharan and Pratik Kabra as independent directors (Jan23,2026–Jan22,2031); e-vote Mar24–Apr22,2026.
-
Announcement Under Regulation 30 (LODR)- Newspaper Publication
23 Mar - Starlog Enterprises Limited informs the Exchange about the copy of Newspaper Publication.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
21 Feb - Ms. Bhoomi Momaya resigns as Company Secretary & Compliance Officer, effective March 21, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
SEL is a crane rental company which owns and operates cranes of up to 600 MT capacity for energy, infrastructure, and natural resources. The company has participated in several infrastructure projects on its own and in collaboration with global Port and Logistic providers