Starlineps Enterprises Ltd
Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]
- Market Cap ₹ 238 Cr.
- Current Price ₹ 6.55
- High / Low ₹ 6.79 / 1.90
- Stock P/E 81.2
- Book Value ₹ 0.97
- Dividend Yield 0.00 %
- ROCE 29.8 %
- ROE 22.2 %
- Face Value ₹ 1.00
Pros
- Promoter holding has increased by 2.97% over last quarter.
- Company's working capital requirements have reduced from 65.8 days to 52.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 39.1%
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.31 Cr.
- Promoter holding has decreased over last 3 years: -16.8%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 29.76 | 73.35 | 81.20 | |
| 27.82 | 65.97 | 78.60 | |
| Operating Profit | 1.94 | 7.38 | 2.60 |
| OPM % | 6.52% | 10.06% | 3.20% |
| 0.55 | 1.44 | 1.31 | |
| Interest | 0.00 | 0.04 | 0.24 |
| Depreciation | 0.01 | 0.02 | 0.04 |
| Profit before tax | 2.48 | 8.76 | 3.63 |
| Tax % | 27.82% | 25.00% | |
| 1.79 | 6.57 | 2.93 | |
| EPS in Rs | 0.05 | 0.18 | 0.08 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 146% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 267% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -22% |
| 1 Year: | 12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 21.62 | 25.94 | 25.94 |
| Reserves | 4.66 | 6.91 | 9.36 |
| 0.00 | 0.00 | 9.34 | |
| 3.33 | 20.37 | 25.67 | |
| Total Liabilities | 29.61 | 53.22 | 70.31 |
| 0.01 | 0.59 | 5.88 | |
| CWIP | 5.29 | 5.29 | 0.00 |
| Investments | 0.25 | 1.92 | 2.00 |
| 24.06 | 45.42 | 62.43 | |
| Total Assets | 29.61 | 53.22 | 70.31 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 12.26 | 2.49 | |
| -0.25 | -2.27 | |
| 0.00 | 0.00 | |
| Net Cash Flow | 12.01 | 0.23 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 0.00 | 25.88 |
| Inventory Days | 5.06 | 134.02 |
| Days Payable | 34.21 | 105.26 |
| Cash Conversion Cycle | -29.15 | 54.63 |
| Working Capital Days | 79.23 | 52.30 |
| ROCE % | 29.76% |
Documents
Announcements
-
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
2d - Greenx Wealth Fund acquired 1,84,76,790 shares (5.09%) in Starlineps on Jan 19, 2026; holding 5.68%.
-
Board Meeting Intimation for Increase Authorized Share Capital, Alter Object Clause, Raising Of Funds And Other Business
2d - Board meeting on 24 Jan 2026 to consider increasing authorised capital, altering object clause, preferential fundraising and convening EGM.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jan - Certificate under Reg. 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended 31st December, 2025 received from the RTA of the Company.
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
5 Jan - Executed MOU (05-Jan-2026) to buy 12.15% of Tobias Amines at Rs.116.10/share, Rs.35,26,635; completion by 28-Feb-2026.
- Closure of Trading Window 26 Dec
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
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