Starlit Power Systems Ltd(Merged)
₹ 3.59
4.97%
02 Jan 2025
About
Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage
Key Points
- Market Cap ₹ 3.61 Cr.
- Current Price ₹ 3.59
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 959
- Dividend Yield 0.00 %
- ROCE -0.07 %
- ROE -0.07 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.00 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -48.4% over past five years.
- Promoter holding is low: 20.6%
- Company has high debtors of 4,041 days.
- Promoter holding has decreased over last 3 years: -8.73%
- Working capital days have increased from 5,532 days to 12,697 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.
Loading peers table ...
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42 | 31 | 24 | 7 | 7 | 13 | 12 | 18 | 8 | 1 | 0 | 0 | 0 | |
| 40 | 34 | 27 | 10 | 9 | 16 | 13 | 22 | 9 | 1 | 0 | 1 | 14 | |
| Operating Profit | 3 | -3 | -4 | -3 | -2 | -3 | -2 | -4 | -0 | -0 | -0 | -1 | -14 |
| OPM % | 6% | -8% | -15% | -40% | -24% | -23% | -17% | -22% | -3% | -82% | -162% | ||
| 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | |
| Interest | 2 | 2 | 3 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Profit before tax | 0 | -4 | -7 | -6 | -4 | -5 | -4 | -6 | -3 | -3 | -4 | -1 | -14 |
| Tax % | 83% | -17% | -40% | -38% | 45% | -21% | -60% | -26% | -23% | 320% | -0% | 0% | |
| 0 | -3 | -4 | -4 | -6 | -4 | -2 | -5 | -2 | -14 | -4 | -1 | -14 | |
| EPS in Rs | 0.07 | -4.42 | -4.41 | -3.82 | -6.42 | -3.99 | -1.68 | -4.75 | -2.31 | -13.47 | -3.76 | -0.65 | -13.72 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -35% |
| 5 Years: | -48% |
| 3 Years: | -63% |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 10% |
| 3 Years: | 20% |
| TTM: | -785% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -30% |
| 3 Years: | -27% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 0% |
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 | 4 | 6 | 8 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 20 | 20 |
| Reserves | 3 | 0 | -1 | -6 | -13 | -16 | -18 | -23 | -25 | -39 | 939 | 948 | 948 |
| 14 | 21 | 23 | 25 | 31 | 32 | 34 | 40 | 41 | 43 | 0 | 1 | 4 | |
| 8 | 6 | 8 | 8 | 5 | 8 | 8 | 8 | 7 | 7 | 0 | 0 | 0 | |
| Total Liabilities | 30 | 34 | 38 | 37 | 34 | 34 | 35 | 35 | 33 | 21 | 950 | 970 | 972 |
| 7 | 19 | 17 | 16 | 14 | 13 | 12 | 11 | 10 | 9 | 0 | 8 | 8 | |
| CWIP | 5 | 0 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 0 | 9 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 941 | 937 | 937 |
| 18 | 15 | 16 | 15 | 14 | 15 | 17 | 18 | 17 | 6 | 9 | 16 | 16 | |
| Total Assets | 30 | 34 | 38 | 37 | 34 | 34 | 35 | 35 | 33 | 21 | 950 | 970 | 972 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3 | -9 | -3 | 2 | -4 | 1 | -1 | -3 | 1 | 0 | 3 | -7 | |
| -7 | 2 | -1 | -2 | 0 | -0 | -1 | -0 | -0 | 0 | 0 | -13 | |
| 10 | 7 | 4 | -0 | 4 | -1 | 1 | 4 | -1 | -0 | -2 | 21 | |
| Net Cash Flow | 0 | 0 | -0 | -0 | 0 | -0 | -0 | 0 | 0 | -0 | 2 | 0 |
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 | 67 | 28 | 74 | 233 | 268 | 147 | 101 | 132 | 225 | 3,146 | 4,041 | |
| Inventory Days | 38 | 108 | 86 | 117 | 224 | 112 | 202 | 43 | 48 | 149 | 7,506 | |
| Days Payable | 52 | 62 | 109 | 363 | 275 | 219 | 286 | 139 | 273 | 3,090 | 56 | |
| Cash Conversion Cycle | 53 | 74 | 50 | -14 | 217 | 41 | 17 | 37 | -1 | 205 | 11,491 | |
| Working Capital Days | 87 | -37 | -135 | -778 | 102 | -17 | -34 | -27 | -100 | -1,633 | 12,697 | |
| ROCE % | 14% | -11% | -16% | -13% | -6% | -10% | -11% | -17% | -3% | -5% | -0% | -0% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Feb - Submission of Extract of Newspaper Publication of Unaudited (standalone and Consolidated) Financial Results for the Quarter ended 31st December 2025
-
Announcement under Regulation 30 (LODR)-Change in Management
3 Feb - Mrs. Babita Jain appointed Additional & Executive Director effective 03-Feb-2026 (DIN:00560562).
-
Undertaking For Non- Applicability Of Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On 31St December, 2025
3 Feb - Regulation 32 non-applicable for quarter ended 31 Dec 2025; no public/right/preferential issue.
- Submission Of Unaudited (Standalone And Consolidated) Financial Results Of (Starlit Power Systems Limited) For The Quarter Ended On 31St December, 2025 Along With Limited Review Report Thereon. 3 Feb
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, 03Rd February, 2026 As Per Regulation 30 Of SEBI (LODR) Regulations, 2015.
3 Feb - Approved unaudited standalone/consolidated results for quarter ended 31-Dec-2025; appointed Babita Jain as Executive Director effective 03-Feb-2026.
Business Overview:[1]
Company's focus areas are recycling, refining, manufacturing, trade, import & export of Lead based products such as Refined Lead with minimum 99.98% purity, Lead Alloys, Calcium, Antimony, Selenium, Tin, etc and Lead Oxides
such as Grey Oxide and Red lead. Company also recycles old lead acid batteries and lead scrap. Company operates both in B2C viz., selling batteries to customers and also in B2B viz., selling metal and oxides to Industrial users including other battery players.