Starlineps Enterprises Ltd
Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]
- Market Cap ₹ 395 Cr.
- Current Price ₹ 10.9
- High / Low ₹ 14.5 / 1.90
- Stock P/E 66.5
- Book Value ₹ 4.61
- Dividend Yield 0.00 %
- ROCE 7.05 %
- ROE 5.94 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.15%
- Promoter holding is low: 33.0%
- Company has a low return on equity of 9.23% over last 3 years.
- Debtor days have increased from 47.0 to 68.1 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
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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.51 | 45.39 | 97.85 | 24.15 | 13.95 | 10.38 | 18.52 | 16.17 | 19.99 | 29.76 | 73.35 | 97.44 | |
| 0.50 | 45.29 | 97.71 | 23.75 | 13.85 | 10.52 | 18.33 | 16.00 | 19.60 | 27.82 | 65.97 | 91.45 | |
| Operating Profit | 0.01 | 0.10 | 0.14 | 0.40 | 0.10 | -0.14 | 0.19 | 0.17 | 0.39 | 1.94 | 7.38 | 5.99 |
| OPM % | 1.96% | 0.22% | 0.14% | 1.66% | 0.72% | -1.35% | 1.03% | 1.05% | 1.95% | 6.52% | 10.06% | 6.15% |
| 0.00 | 0.00 | 0.00 | -0.18 | 0.00 | 0.00 | 0.02 | 0.26 | 0.46 | 0.55 | 1.44 | -4.03 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.33 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.03 | 0.01 | 0.03 | 0.03 | 0.01 | 0.02 | 0.05 |
| Profit before tax | 0.01 | 0.10 | 0.13 | 0.20 | 0.09 | -0.18 | 0.20 | 0.40 | 0.82 | 2.48 | 8.76 | 1.58 |
| Tax % | -200.00% | 20.00% | 30.77% | 40.00% | 33.33% | 0.00% | 15.00% | 22.50% | 25.61% | 27.82% | 25.00% | 29.11% |
| 0.02 | 0.08 | 0.09 | 0.12 | 0.06 | -0.17 | 0.16 | 0.31 | 0.61 | 1.79 | 6.58 | 1.12 | |
| EPS in Rs | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.18 | 0.03 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 27.02% | 13.95% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 39% |
| 3 Years: | 70% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 54% |
| 5 Years: | 106% |
| 3 Years: | 114% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -8% |
| 1 Year: | 99% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.06 | 15.89 | 15.89 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 21.62 | 25.94 | 43.10 |
| Reserves | -0.02 | 0.06 | 0.15 | 1.99 | 2.05 | 1.88 | 2.04 | 2.26 | 2.87 | 4.66 | 6.91 | 124.32 |
| 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.95 | |
| 0.00 | 1.90 | 0.91 | 0.90 | 0.13 | 0.43 | 0.18 | 0.51 | 0.32 | 3.33 | 20.37 | 5.43 | |
| Total Liabilities | 0.08 | 17.85 | 16.95 | 24.51 | 23.80 | 23.93 | 23.84 | 24.39 | 24.81 | 29.61 | 53.22 | 176.80 |
| 0.00 | 0.05 | 0.05 | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.01 | 0.59 | 0.57 | |
| CWIP | 0.00 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 2.02 | 9.04 |
| 0.08 | 12.51 | 11.61 | 19.18 | 18.49 | 18.61 | 18.52 | 19.06 | 19.50 | 24.06 | 45.32 | 167.19 | |
| Total Assets | 0.08 | 17.85 | 16.95 | 24.51 | 23.80 | 23.93 | 23.84 | 24.39 | 24.81 | 29.61 | 53.22 | 176.80 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.02 | -5.30 | -5.15 | -7.29 | -0.01 | 0.03 | 0.07 | 0.10 | 2.20 | 12.26 | 2.50 | ||
| 0.00 | -5.35 | -0.01 | -0.01 | 0.00 | -0.03 | -0.01 | -0.05 | 0.00 | -0.25 | -2.37 | ||
| 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 | 5.14 | -5.16 | -0.02 | -0.01 | 0.00 | 0.06 | -0.03 | 2.20 | 12.01 | 0.13 | |
| Free Cash Flow | -0.02 | -10.65 | -5.16 | -7.30 | -0.01 | 0.00 | 0.06 | 0.05 | 2.20 | 12.26 | 1.90 | |
| CFO/OP | -200% | -5,280% | -3,650% | -1,815% | 70% | -43% | 37% | 76% | 587% | 644% | 56% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 31.04 | 8.80 | 181.82 | 268.97 | 433.92 | 354.95 | 216.70 | 10.96 | 0.00 | 25.88 | 68.06 |
| Inventory Days | 0.00 | 27.69 | 34.61 | 109.75 | 215.66 | 211.47 | 1.23 | 33.46 | 134.73 | 5.06 | 134.02 | 71.54 |
| Days Payable | 14.82 | 3.24 | 12.65 | 1.35 | 12.31 | 0.82 | 7.36 | 0.76 | 34.21 | 105.26 | 19.84 | |
| Cash Conversion Cycle | 0.00 | 43.91 | 40.17 | 278.92 | 483.28 | 633.08 | 355.36 | 242.80 | 144.93 | -29.15 | 54.63 | 119.76 |
| Working Capital Days | 7.16 | 43.26 | 39.65 | 275.53 | 479.08 | 638.22 | 359.68 | 417.14 | 309.13 | 79.23 | 52.30 | 114.51 |
| ROCE % | 14.29% | 1.25% | 0.81% | 1.92% | 0.38% | -0.72% | 0.85% | 1.68% | 3.39% | 9.77% | 29.76% | 7.05% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Number of Strategic Startup Investments Number |
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| Number of Wholly Owned Subsidiaries Number |
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| Total Value of Strategic Startup Investments INR Million |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5h - Enclosed herewith a Newspaper copy of the Audited Standalone & Consolidated Financial Results for the quarter and year ended 31st March, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Annual Secretarial Compliance Report for FY2025-26 notes a bonus issue delay penalty of ₹40,000 plus GST, already paid.
- Results - Financial Results For The Quarter And Year Ended 31St March, 2026 1d
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Board Meeting Outcome for For Board Meeting Held On 28Th May, 2026
1d - Board approved audited standalone and consolidated FY26 results; auditors gave unmodified opinion.
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Board Meeting Intimation for Declaration Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March, 2026
22 May - Board meeting on 28 May 2026 to approve FY26 audited standalone and consolidated results.
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