Starlineps Enterprises Ltd
₹ 116
0.49%
25 Apr
10:03 a.m.
About
Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]
Key Points
- Market Cap ₹ 501 Cr.
- Current Price ₹ 116
- High / Low ₹ 159 / 83.3
- Stock P/E 232
- Book Value ₹ 6.02
- Dividend Yield 0.00 %
- ROCE 3.43 %
- ROE 2.52 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 19.2 times its book value
- Promoter holding is low: 26.9%
- Company has a low return on equity of 1.51% over last 3 years.
- Promoters have pledged 47.3% of their holding.
- Promoter holding has decreased over last 3 years: -29.0%
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9.25 | 4.23 | 1.57 | 0.51 | 45.39 | 97.85 | 24.15 | 13.95 | 10.38 | 18.52 | 16.17 | 19.99 | 23.10 | |
9.25 | 4.26 | 1.57 | 0.50 | 45.29 | 97.71 | 23.75 | 13.85 | 10.52 | 18.33 | 16.00 | 19.59 | 20.72 | |
Operating Profit | 0.00 | -0.03 | 0.00 | 0.01 | 0.10 | 0.14 | 0.40 | 0.10 | -0.14 | 0.19 | 0.17 | 0.40 | 2.38 |
OPM % | 0.00% | -0.71% | 0.00% | 1.96% | 0.22% | 0.14% | 1.66% | 0.72% | -1.35% | 1.03% | 1.05% | 2.00% | 10.30% |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.18 | 0.00 | 0.00 | 0.02 | 0.26 | 0.46 | 0.53 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.03 | 0.01 | 0.03 | 0.03 | 0.01 |
Profit before tax | 0.00 | -0.03 | 0.00 | 0.01 | 0.10 | 0.13 | 0.20 | 0.09 | -0.18 | 0.20 | 0.40 | 0.82 | 2.90 |
Tax % | 0.00% | -200.00% | 20.00% | 30.77% | 40.00% | 33.33% | 0.00% | 15.00% | 22.50% | 25.61% | |||
0.00 | -0.03 | -0.01 | 0.02 | 0.08 | 0.09 | 0.12 | 0.06 | -0.17 | 0.16 | 0.31 | 0.61 | 2.16 | |
EPS in Rs | 0.00 | -3.00 | -1.00 | 2.00 | 0.03 | 0.03 | 0.03 | 0.01 | -0.04 | 0.04 | 0.07 | 0.14 | 0.50 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 27.02% | 13.95% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | -4% |
3 Years: | 24% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 36% |
5 Years: | 22% |
3 Years: | 77% |
TTM: | 341% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 50% |
3 Years: | 40% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.06 | 0.06 | 0.06 | 0.06 | 15.89 | 15.89 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 |
Reserves | 0.00 | -0.03 | -0.04 | -0.02 | 0.06 | 0.15 | 1.99 | 2.05 | 1.88 | 2.04 | 2.26 | 2.87 | 4.41 |
0.04 | 0.04 | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.00 | 1.15 | 0.13 | 0.00 | 1.90 | 0.91 | 0.90 | 0.13 | 0.43 | 0.18 | 0.51 | 0.32 | 0.72 | |
Total Liabilities | 0.10 | 1.22 | 0.19 | 0.08 | 17.85 | 16.95 | 24.51 | 23.80 | 23.93 | 23.84 | 24.39 | 24.81 | 26.75 |
0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 0.00 | 0.00 | 0.00 |
0.10 | 1.22 | 0.19 | 0.08 | 12.51 | 11.61 | 19.18 | 18.49 | 18.61 | 18.52 | 19.06 | 19.50 | 21.44 | |
Total Assets | 0.10 | 1.22 | 0.19 | 0.08 | 17.85 | 16.95 | 24.51 | 23.80 | 23.93 | 23.84 | 24.39 | 24.81 | 26.75 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.04 | 0.04 | 0.02 | -0.02 | -5.30 | -5.15 | -7.29 | -0.01 | 0.03 | 0.07 | 0.10 | 2.20 | |
0.00 | 0.00 | 0.00 | 0.00 | -5.35 | -0.01 | -0.01 | 0.00 | -0.03 | -0.01 | -0.05 | 0.00 | |
0.08 | 0.00 | 0.00 | 0.00 | 15.78 | 0.00 | 7.27 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | |
Net Cash Flow | 0.04 | 0.04 | 0.02 | -0.02 | 5.14 | -5.16 | -0.02 | -0.01 | 0.00 | 0.06 | -0.03 | 2.20 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 93.19 | 0.00 | 0.00 | 31.04 | 8.80 | 181.82 | 268.97 | 433.92 | 354.95 | 216.70 | 10.96 |
Inventory Days | 1.98 | 4.30 | 23.55 | 0.00 | 27.69 | 34.61 | 109.75 | 215.66 | 211.47 | 1.23 | 33.46 | 134.73 |
Days Payable | 0.00 | 98.14 | 28.26 | 14.82 | 3.24 | 12.65 | 1.35 | 12.31 | 0.82 | 7.36 | 0.76 | |
Cash Conversion Cycle | 1.98 | -0.64 | -4.71 | 0.00 | 43.91 | 40.17 | 278.92 | 483.28 | 633.08 | 355.36 | 242.80 | 144.93 |
Working Capital Days | 2.37 | 0.00 | -4.65 | 7.16 | 43.26 | 39.65 | 275.53 | 479.08 | 638.22 | 359.68 | 417.14 | 309.13 |
ROCE % | -35.29% | 0.00% | 14.29% | 1.25% | 0.81% | 1.92% | 0.38% | -0.72% | 0.85% | 1.68% | 3.43% |
Documents
Announcements
-
Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015
1d - Certificate under Regulation 40(9) for the year ended 31st March, 2024.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 13 Apr
-
Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015.
12 Apr - Certificate as per Regulation 7(3) of the SEBI(LODR) Regulations, 2015 for the year ended 31st March, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the Quarter ended 31st March, 2024 received from RTA.
- Closure of Trading Window 27 Mar
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