Starlit Power Systems Ltd
Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage
- Market Cap ₹ 4.52 Cr.
- Current Price ₹ 4.49
- High / Low ₹ 7.98 / 3.80
- Stock P/E
- Book Value ₹ -6.57
- Dividend Yield 0.00 %
- ROCE -10.4 %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 217 to 161 days.
- Company's working capital requirements have reduced from 67.9 days to 27.4 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -21.4% over past five years.
- Promoter holding is low: 29.4%
- Company has high debtors of 161 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
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 | TTM | |
---|---|---|---|---|---|---|---|
42.56 | 32.86 | 25.58 | 7.85 | 7.17 | 12.78 | 10.47 | |
39.97 | 35.70 | 29.19 | 10.09 | 8.95 | 15.78 | 14.52 | |
Operating Profit | 2.59 | -2.84 | -3.61 | -2.24 | -1.78 | -3.00 | -4.05 |
OPM % | 6.09% | -8.64% | -14.11% | -28.54% | -24.83% | -23.47% | -38.68% |
0.06 | 1.30 | 0.26 | 0.05 | 0.53 | 1.23 | 1.23 | |
Interest | 1.98 | 2.10 | 2.94 | 2.47 | 1.81 | 2.35 | 2.37 |
Depreciation | 0.44 | 0.66 | 1.13 | 1.04 | 1.00 | 1.00 | 1.00 |
Profit before tax | 0.23 | -4.30 | -7.42 | -5.70 | -4.06 | -5.12 | -6.19 |
Tax % | 82.61% | 16.51% | 40.84% | 31.75% | -49.75% | 21.09% | |
0.04 | -3.60 | -4.39 | -3.90 | -6.08 | -4.03 | -3.71 | |
EPS in Rs | 0.07 | -4.71 | -4.35 | -3.85 | -6.03 | -4.00 | -3.69 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -21% |
3 Years: | -21% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 3% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -16% |
3 Years: | -31% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|
Equity Capital | 4.48 | 6.12 | 8.05 | 10.06 | 10.06 | 10.06 |
Reserves | 3.49 | -0.14 | -1.01 | -7.33 | -13.07 | -16.67 |
13.96 | 21.23 | 22.97 | 25.05 | 30.87 | 31.85 | |
7.78 | 8.46 | 7.99 | 8.32 | 6.15 | 9.44 | |
Total Liabilities | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 |
6.94 | 18.77 | 17.24 | 16.26 | 14.12 | 13.19 | |
CWIP | 4.83 | 0.00 | 4.52 | 5.59 | 5.59 | 5.59 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
17.94 | 16.90 | 16.24 | 14.25 | 14.30 | 15.90 | |
Total Assets | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|
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 | |
---|---|---|---|---|---|---|
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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Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
5h - Of Approval of Resolution plan by Hon''ble NCLT, New Delhi Bench-II on 06.05.2024, Copy of Order awaited.
- Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 28 Apr
-
Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
18 Apr - Disclosure of outcome of Fourteenth (14th) Meeting of committee of creditors, under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement ) Regulation, 2015 …
- Submission Of Compliance Certificate Under Regulation 40(10) Of Sebl (LODR) Regulations, 2015 For The Year Ended 31St March,2024. 17 Apr
-
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
15 Apr - CoC meeting to be held on 18th April 2024. Thursday at 5 p.m. in Hybrid mode
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.