Starlineps Enterprises Ltd

₹ 104 1.92%
08 Dec 9:29 a.m.
About

Starlineps Enterprises Ltd is engaged in the business of diamond trading.[1] It is engaged in the wholesale B2B business model.[2]

Key Points

Offerings
It offers a wide range of precious stones varieties to its clients. It also offers studded, gold and silver jewelry to the retailers and wholesalers. [1]

  • Market Cap 447 Cr.
  • Current Price 104
  • High / Low 125 / 58.2
  • Stock P/E 994
  • Book Value 5.59
  • Dividend Yield 0.01 %
  • ROCE 1.68 %
  • ROE 1.30 %
  • Face Value 5.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 18.2 times its book value
  • The company has delivered a poor sales growth of -30.2% over past five years.
  • Company has a low return on equity of 0.42% over last 3 years.
  • Promoters have pledged 83.2% of their holding.
  • Company has high debtors of 217 days.
  • Promoter holding has decreased over last 3 years: -7.28%

* 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

Sep 2018 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
9.64 4.08 6.49 2.62 4.39 3.73 5.42 2.92 4.86
9.49 3.02 7.81 2.65 4.17 3.58 5.58 2.84 4.55
Operating Profit 0.15 1.06 -1.32 -0.03 0.22 0.15 -0.16 0.08 0.31
OPM % 1.56% 25.98% -20.34% -1.15% 5.01% 4.02% -2.95% 2.74% 6.38%
0.00 0.00 0.02 0.00 0.00 0.00 0.26 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.00 0.01 0.00 0.01 0.00 0.02 0.01 0.01
Profit before tax 0.14 1.06 -1.31 -0.03 0.21 0.15 0.08 0.07 0.30
Tax % 35.71% 0.00% 6.11% 0.00% 23.81% 13.33% 25.00% 28.57% 26.67%
Net Profit 0.10 1.06 -1.23 -0.03 0.16 0.12 0.05 0.06 0.22
EPS in Rs 0.02 0.25 -0.28 -0.01 0.04 0.03 0.01 0.01 0.05
Raw PDF

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 TTM
9.25 4.23 1.57 0.51 45.39 97.85 24.15 13.95 10.38 18.52 16.17 16.93
9.25 4.26 1.57 0.50 45.29 97.71 23.75 13.85 10.52 18.33 16.00 16.55
Operating Profit 0.00 -0.03 0.00 0.01 0.10 0.14 0.40 0.10 -0.14 0.19 0.17 0.38
OPM % 0.00% -0.71% 0.00% 1.96% 0.22% 0.14% 1.66% 0.72% -1.35% 1.03% 1.05% 2.24%
0.00 0.00 0.00 0.00 0.00 0.00 -0.18 0.00 0.00 0.02 0.26 0.26
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 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 0.04
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 0.60
Tax % 0.00% -200.00% 20.00% 30.77% 40.00% 33.33% 0.00% 15.00% 22.50%
Net Profit 0.00 -0.03 -0.01 0.02 0.08 0.09 0.12 0.06 -0.17 0.16 0.31 0.45
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 0.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 27.02% 13.95%
Compounded Sales Growth
10 Years: 6%
5 Years: -30%
3 Years: 5%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: 28%
3 Years: 73%
TTM: 1225%
Stock Price CAGR
10 Years: %
5 Years: 72%
3 Years: 119%
1 Year: 67%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 0%
Last Year: 1%

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 Sep 2022
0.06 0.06 0.06 0.06 15.89 15.89 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 2.54
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 1.15 0.13 0.00 1.90 0.91 0.90 0.13 0.43 0.18 0.51 0.76
Total Liabilities 0.10 1.22 0.19 0.08 17.85 16.95 24.51 23.80 23.93 23.84 24.39 24.92
0.00 0.00 0.00 0.00 0.05 0.05 0.04 0.02 0.03 0.03 0.04 5.33
CWIP 0.00 0.00 0.00 0.00 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 0.00 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 19.59
Total Assets 0.10 1.22 0.19 0.08 17.85 16.95 24.51 23.80 23.93 23.84 24.39 24.92

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
-0.04 0.04 0.02 -0.02 -5.30 -5.15 -7.29 -0.01 0.03 0.07 0.10
0.00 0.00 0.00 0.00 -5.35 -0.01 -0.01 0.00 -0.03 -0.01 -0.05
0.08 0.00 0.00 0.00 15.78 0.00 7.27 0.00 0.00 0.00 -0.09
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

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
Debtor Days 0.00 93.19 0.00 0.00 31.04 8.80 181.82 268.97 433.92 354.95 216.70
Inventory Days 1.98 4.30 23.55 0.00 27.69 34.61 109.75 215.66 211.47 1.23 33.46
Days Payable 0.00 98.14 28.26 14.82 3.24 12.65 1.35 12.31 0.82 7.36
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
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
ROCE % -35.29% 0.00% 14.29% 1.25% 0.81% 1.92% 0.38% -0.72% 0.85% 1.68%

Shareholding Pattern

Numbers in percentages

Mar 2018 Sep 2018 Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
63.15 63.15 63.15 63.15 55.86 55.86 55.86 55.86 55.86 55.86 55.86 55.86
36.85 36.85 36.85 36.85 44.14 44.14 44.14 44.14 44.14 44.14 44.14 44.14

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