Starlineps Enterprises Ltd
Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]
- Market Cap ₹ 198 Cr.
- Current Price ₹ 5.46
- High / Low ₹ 12.2 / 4.09
- Stock P/E 43.0
- Book Value ₹ 0.90
- Dividend Yield 0.00 %
- ROCE 29.8 %
- ROE 22.3 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Promoter holding has increased by 4.64% over last quarter.
- Company's working capital requirements have reduced from 147 days to 52.3 days
Cons
- Stock is trading at 6.04 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 36.2%
- Company has a low return on equity of 11.4% over last 3 years.
- Promoter holding has decreased over last 3 years: -19.7%
* 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
Commodities Metals & Mining Metals & Minerals Trading Trading - Minerals
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.57 | 0.51 | 45.39 | 97.85 | 24.15 | 13.95 | 10.38 | 18.52 | 16.17 | 19.99 | 29.76 | 73.35 | 68.77 | |
1.57 | 0.50 | 45.29 | 97.71 | 23.75 | 13.85 | 10.52 | 18.33 | 16.00 | 19.60 | 27.82 | 65.97 | 63.95 | |
Operating Profit | 0.00 | 0.01 | 0.10 | 0.14 | 0.40 | 0.10 | -0.14 | 0.19 | 0.17 | 0.39 | 1.94 | 7.38 | 4.82 |
OPM % | 0.00% | 1.96% | 0.22% | 0.14% | 1.66% | 0.72% | -1.35% | 1.03% | 1.05% | 1.95% | 6.52% | 10.06% | 7.01% |
0.00 | 0.00 | 0.00 | 0.00 | -0.18 | 0.00 | 0.00 | 0.02 | 0.26 | 0.46 | 0.55 | 1.44 | 1.31 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.08 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.03 | 0.01 | 0.03 | 0.03 | 0.01 | 0.02 | 0.03 |
Profit before tax | 0.00 | 0.01 | 0.10 | 0.13 | 0.20 | 0.09 | -0.18 | 0.20 | 0.40 | 0.82 | 2.48 | 8.76 | 6.02 |
Tax % | -200.00% | 20.00% | 30.77% | 40.00% | 33.33% | 0.00% | 15.00% | 22.50% | 25.61% | 27.82% | 25.00% | ||
-0.01 | 0.02 | 0.08 | 0.09 | 0.12 | 0.06 | -0.17 | 0.16 | 0.31 | 0.61 | 1.79 | 6.58 | 4.61 | |
EPS in Rs | -0.10 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.18 | 0.13 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 27.02% | 13.95% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 64% |
5 Years: | 48% |
3 Years: | 66% |
TTM: | 59% |
Compounded Profit Growth | |
---|---|
10 Years: | 79% |
5 Years: | 110% |
3 Years: | 177% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | -27% |
1 Year: | -54% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 7% |
3 Years: | 11% |
Last Year: | 22% |
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 | 0.06 | 0.06 | 15.89 | 15.89 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 25.94 |
Reserves | -0.04 | -0.02 | 0.06 | 0.15 | 1.99 | 2.05 | 1.88 | 2.04 | 2.26 | 2.87 | 4.66 | 6.91 |
0.04 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.13 | 0.00 | 1.90 | 0.91 | 0.90 | 0.13 | 0.43 | 0.18 | 0.51 | 0.32 | 3.33 | 20.37 | |
Total Liabilities | 0.19 | 0.08 | 17.85 | 16.95 | 24.51 | 23.80 | 23.93 | 23.84 | 24.39 | 24.81 | 29.61 | 53.22 |
0.00 | 0.00 | 0.05 | 0.05 | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.01 | 0.59 | |
CWIP | 0.00 | 0.00 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 2.02 |
0.19 | 0.08 | 12.51 | 11.61 | 19.18 | 18.49 | 18.61 | 18.52 | 19.06 | 19.50 | 24.06 | 45.32 | |
Total Assets | 0.19 | 0.08 | 17.85 | 16.95 | 24.51 | 23.80 | 23.93 | 23.84 | 24.39 | 24.81 | 29.61 | 53.22 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.02 | -0.02 | -5.30 | -5.15 | -7.29 | -0.01 | 0.03 | 0.07 | 0.10 | 2.20 | 12.26 | 2.50 | |
0.00 | 0.00 | -5.35 | -0.01 | -0.01 | 0.00 | -0.03 | -0.01 | -0.05 | 0.00 | -0.25 | -2.37 | |
0.00 | 0.00 | 15.78 | 0.00 | 7.27 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.02 | -0.02 | 5.14 | -5.16 | -0.02 | -0.01 | 0.00 | 0.06 | -0.03 | 2.20 | 12.01 | 0.13 |
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 | 0.00 | 0.00 | 31.04 | 8.80 | 181.82 | 268.97 | 433.92 | 354.95 | 216.70 | 10.96 | 0.00 | 25.88 |
Inventory Days | 23.55 | 0.00 | 27.69 | 34.61 | 109.75 | 215.66 | 211.47 | 1.23 | 33.46 | 134.73 | 5.06 | 134.02 |
Days Payable | 28.26 | 14.82 | 3.24 | 12.65 | 1.35 | 12.31 | 0.82 | 7.36 | 0.76 | 34.21 | 105.26 | |
Cash Conversion Cycle | -4.71 | 0.00 | 43.91 | 40.17 | 278.92 | 483.28 | 633.08 | 355.36 | 242.80 | 144.93 | -29.15 | 54.63 |
Working Capital Days | -4.65 | 7.16 | 43.26 | 39.65 | 275.53 | 479.08 | 638.22 | 359.68 | 417.14 | 309.13 | 79.23 | 52.30 |
ROCE % | 0.00% | 14.29% | 1.25% | 0.81% | 1.92% | 0.38% | -0.72% | 0.85% | 1.68% | 3.39% | 9.77% | 29.76% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Sep - Rights issue - PFA herewith a copy of the Newspaper Advertisement for proposed rights issue of the equity shares of the Company.
-
Outcome Of Rights Issue Committee Meeting
5 Sep - Rights issue record date revised to 9 September 2025; Letter of Offer updated.
- Corporate Action - Intimation Of Revised Record Date For The Purpose Of The Rights Issue. 5 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Sep - Newspaper Advertisement - Notice of 14th Annual General Meeting
-
Letter To The Shareholder Pursuant To Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015
30 Aug - 14th AGM on 25 Sep 2025; annual report FY2024-25 web-links sent to shareholders without email.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
Business Overview:[1][2]
SPSL is in the wholesale B2B model of trading and retailing of Diamonds and Jewellery in Surat. Its operation includes sourcing Diamonds and
Jewellery from primary and secondary source suppliers in the domestic market and sale to the wholesale as well as retail operations mainly in
Gujarat. Company sells all its products to various jewellery
manufacturers, wholesalers, large department store chains
and retail stores