Starlit Power Systems Ltd
Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage
- Market Cap ₹ 3.61 Cr.
- Current Price ₹ 3.59
- High / Low ₹ 6.79 / 2.05
- Stock P/E
- Book Value ₹ 947
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- 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%
- Promoter holding is low: 0.40%
- Company's cost of borrowing seems high
* 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
Sector: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 42.56 | 32.86 | 25.58 | 7.85 | 7.17 | 12.78 | 0.00 | |
| 39.97 | 35.70 | 29.19 | 10.09 | 8.95 | 15.78 | 0.49 | |
| Operating Profit | 2.59 | -2.84 | -3.61 | -2.24 | -1.78 | -3.00 | -0.49 |
| OPM % | 6.09% | -8.64% | -14.11% | -28.54% | -24.83% | -23.47% | |
| 0.06 | 1.30 | 0.26 | 0.05 | 0.53 | 1.23 | 0.23 | |
| Interest | 1.98 | 2.10 | 2.94 | 2.47 | 1.81 | 2.35 | 2.64 |
| Depreciation | 0.44 | 0.66 | 1.13 | 1.04 | 1.00 | 1.00 | 0.90 |
| Profit before tax | 0.23 | -4.30 | -7.42 | -5.70 | -4.06 | -5.12 | -3.80 |
| Tax % | 82.61% | -16.51% | -40.84% | -31.75% | 49.75% | -21.09% | -0.26% |
| 0.04 | -3.60 | -4.39 | -3.90 | -6.08 | -4.03 | -3.80 | |
| EPS in Rs | 0.07 | -4.71 | -4.35 | -3.84 | -6.01 | -3.99 | -3.76 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
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| 10 Years: | % |
| 5 Years: | % |
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| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | % |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -19% |
| 3 Years: | -28% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
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| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.48 | 6.12 | 8.05 | 10.06 | 10.06 | 10.06 | 10.06 | 20.43 |
| Reserves | 3.49 | -0.14 | -1.01 | -7.33 | -13.07 | -16.67 | -40.35 | 936.33 |
| 13.96 | 21.23 | 22.97 | 25.05 | 30.87 | 31.85 | 44.08 | 0.26 | |
| 7.78 | 8.46 | 7.99 | 8.32 | 6.15 | 9.44 | 8.60 | 12.13 | |
| Total Liabilities | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 | 22.39 | 969.15 |
| 6.94 | 18.77 | 17.24 | 16.26 | 14.12 | 13.19 | 9.02 | 14.17 | |
| CWIP | 4.83 | 0.00 | 4.52 | 5.59 | 5.59 | 5.59 | 5.59 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 941.03 |
| 17.94 | 16.90 | 16.24 | 14.25 | 14.30 | 15.90 | 7.78 | 13.95 | |
| Total Assets | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 | 22.39 | 969.15 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 0.04 | 2.18 | -3.75 | 1.05 | ||||
| -4.44 | -1.87 | 0.17 | -0.07 | ||||
| 4.07 | -0.38 | 4.02 | -1.32 | ||||
| Net Cash Flow | -0.33 | -0.07 | 0.45 | -0.34 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 66.81 | 44.54 | 65.64 | 200.40 | 289.66 | 160.79 | |
| Inventory Days | 38.09 | 107.61 | 83.98 | 123.13 | 218.77 | 117.33 | |
| Days Payable | 51.57 | 86.35 | 106.91 | 376.73 | 324.64 | 248.82 | |
| Cash Conversion Cycle | 53.33 | 65.81 | 42.71 | -53.19 | 183.78 | 29.30 | |
| Working Capital Days | 86.62 | 79.42 | 57.79 | 3.72 | 172.57 | 27.42 | |
| ROCE % | -11.56% | -15.66% | -11.18% | -6.29% | -10.43% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
17h - Annual Secretarial Compliance Report for FY2024-25 with minor non-compliances noted.
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Board Meeting Intimation for Prior Intimation Of Board Meeting For Approval Of Audited Financial Results For The Year And Quarter Ended On 31St March, 2025.
2d - Board meeting on May 27 to approve FY25 audited results; trading window closed from April 1.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
2d - Appointment of M/S Ashish Khandelwal & Co. as statutory auditor from 22 May 2025.
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Board Meeting Outcome for Outcome Of Meeting Of Board Held On Thursday, 22Nd May, 2025 At Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015.
2d - Appointment of new statutory auditor Ashish Khandelwal & Co. replacing H K Chhabra & Co. from 22 May 2025.
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Clarification Regarding Non Submission Of The Shareholding Pattern For The Quarter Ended March 31, 2025.
15 May - Non-submission of March 2025 shareholding pattern due to data mismatch from corporate actions.
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.