Starlit Power Systems Ltd
₹ 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 ₹ 6.79 / 2.05
- Stock P/E
- Book Value ₹ 959
- Dividend Yield 0.00 %
- ROCE -0.06 %
- ROE -0.06 %
- 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.
- Promoter holding has decreased over last quarter: -15.2%
- The company has delivered a poor sales growth of -48.4% over past five years.
- Promoter holding is low: 0.40%
- Company has high debtors of 4,041 days.
- Working capital days have increased from 6,463 days to 13,444 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.
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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42.38 | 31.04 | 23.50 | 6.95 | 7.11 | 12.78 | 11.50 | 17.75 | 8.50 | 0.55 | 0.00 | 0.42 | |
| 39.79 | 33.67 | 27.14 | 9.74 | 8.80 | 15.78 | 13.49 | 21.69 | 8.79 | 1.00 | 0.49 | 1.02 | |
| Operating Profit | 2.59 | -2.63 | -3.64 | -2.79 | -1.69 | -3.00 | -1.99 | -3.94 | -0.29 | -0.45 | -0.49 | -0.60 |
| OPM % | 6.11% | -8.47% | -15.49% | -40.14% | -23.77% | -23.47% | -17.30% | -22.20% | -3.41% | -81.82% | -142.86% | |
| 0.06 | 1.30 | 0.26 | 0.05 | 0.04 | 1.23 | 0.05 | 0.27 | 0.40 | 0.41 | 0.23 | -0.04 | |
| Interest | 1.98 | 2.08 | 2.89 | 2.47 | 1.81 | 2.35 | 1.37 | 1.82 | 2.16 | 2.21 | 2.64 | 0.01 |
| Depreciation | 0.44 | 0.66 | 1.13 | 1.04 | 1.00 | 1.00 | 0.98 | 0.99 | 0.99 | 0.99 | 0.90 | 0.01 |
| Profit before tax | 0.23 | -4.07 | -7.40 | -6.25 | -4.46 | -5.12 | -4.29 | -6.48 | -3.04 | -3.24 | -3.80 | -0.66 |
| Tax % | 82.61% | -17.44% | -39.86% | -38.08% | 45.29% | -21.09% | -60.37% | -25.93% | -23.36% | 319.75% | -0.26% | 0.00% |
| 0.04 | -3.36 | -4.45 | -3.86 | -6.48 | -4.03 | -1.70 | -4.80 | -2.33 | -13.60 | -3.80 | -0.66 | |
| 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 |
| 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: | -35% |
| 5 Years: | -48% |
| 3 Years: | -63% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 11% |
| 3 Years: | 21% |
| TTM: | 85% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -24% |
| 3 Years: | -28% |
| 1 Year: | -30% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.48 | 6.12 | 8.05 | 10.06 | 10.06 | 10.06 | 10.06 | 10.06 | 10.06 | 10.06 | 10.37 | 20.43 |
| Reserves | 3.49 | 0.09 | -0.83 | -6.37 | -12.52 | -16.21 | -17.91 | -22.71 | -25.04 | -38.68 | 939.28 | 948.30 |
| 13.96 | 21.23 | 22.97 | 25.05 | 30.87 | 31.85 | 34.47 | 39.90 | 40.91 | 42.67 | 0.17 | 0.86 | |
| 7.76 | 6.06 | 7.52 | 7.86 | 5.18 | 8.40 | 8.20 | 8.18 | 7.33 | 6.79 | 0.02 | 0.09 | |
| Total Liabilities | 29.69 | 33.50 | 37.71 | 36.60 | 33.59 | 34.10 | 34.82 | 35.43 | 33.26 | 20.84 | 949.84 | 969.68 |
| 6.91 | 18.74 | 17.22 | 16.24 | 14.10 | 13.17 | 12.33 | 11.46 | 10.47 | 9.48 | 0.00 | 17.17 | |
| CWIP | 4.83 | 0.00 | 4.52 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 0.00 | 0.00 |
| Investments | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 941.14 | 936.63 |
| 17.85 | 14.66 | 15.87 | 14.67 | 13.80 | 15.24 | 16.90 | 18.38 | 17.20 | 5.77 | 8.70 | 15.88 | |
| Total Assets | 29.69 | 33.50 | 37.71 | 36.60 | 33.59 | 34.10 | 34.82 | 35.43 | 33.26 | 20.84 | 949.84 | 969.68 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3.25 | -8.60 | -3.32 | 2.23 | -3.75 | 1.05 | -0.85 | -3.38 | 1.19 | 0.26 | 3.38 | -6.86 | |
| -7.09 | 1.58 | -1.09 | -1.87 | 0.17 | -0.07 | -0.52 | -0.12 | -0.01 | 0.01 | 0.04 | -13.45 | |
| 10.34 | 7.38 | 4.08 | -0.38 | 4.02 | -1.32 | 1.25 | 3.62 | -1.15 | -0.45 | -1.77 | 20.61 | |
| Net Cash Flow | 0.00 | 0.36 | -0.32 | -0.02 | 0.45 | -0.34 | -0.11 | 0.12 | 0.03 | -0.18 | 1.66 | 0.30 |
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 | 67.09 | 27.87 | 73.62 | 232.65 | 267.97 | 147.37 | 100.93 | 132.43 | 224.58 | 3,145.64 | 4,041.07 | |
| Inventory Days | 37.81 | 108.45 | 86.07 | 116.84 | 223.92 | 112.13 | 202.19 | 42.81 | 47.54 | 149.08 | 7,505.90 | |
| Days Payable | 51.58 | 62.17 | 109.27 | 363.00 | 274.95 | 218.77 | 285.87 | 138.56 | 272.88 | 3,089.65 | 56.15 | |
| Cash Conversion Cycle | 53.32 | 74.15 | 50.43 | -13.51 | 216.95 | 40.73 | 17.25 | 36.68 | -0.76 | 205.07 | 11,490.82 | |
| Working Capital Days | 86.73 | 87.37 | 67.25 | 27.31 | 202.26 | 40.56 | 30.15 | 13.57 | -17.61 | -517.64 | 13,444.17 | |
| ROCE % | 13.66% | -10.65% | -15.65% | -12.83% | -5.77% | -10.24% | -11.16% | -17.30% | -3.31% | -5.15% | -0.24% | -0.06% |
Documents
Announcements
-
Intimation For Change Of E-Mail Id And Phone Number Of The Company For The Purpose Of Receiving OTP.
30 Jun - Company updates email ID and phone number for OTP communications.
-
Clarification Regarding Delay In Submission Of Financial Results For March Quarter 2025.
30 Jun - Delay in March 2025 financial results due to auditor resignation and audit process disruption.
- Closure of Trading Window 25 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Submission of Extract of Newspaper Publication of Audited Financials Results for the Quarter & Financial Year Ended 31st March, 2025.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
4 Jun - Appointment of M/S V R S K & ASSOCIATES as statutory auditor effective 04-06-2025, subject to approval.
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.