Starlineps Enterprises Ltd

Starlineps Enterprises Ltd

₹ 2.90 -3.33%
27 Nov 3:10 p.m.
About

Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]

Key Points

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

  • Market Cap 105 Cr.
  • Current Price 2.90
  • High / Low 7.84 / 1.90
  • Stock P/E 35.9
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
11.59 17.15 24.43 17.87 13.90 12.57 36.86
12.26 13.34 20.03 16.33 16.25 11.34 34.68
Operating Profit -0.67 3.81 4.40 1.54 -2.35 1.23 2.18
OPM % -5.78% 22.22% 18.01% 8.62% -16.91% 9.79% 5.91%
0.48 0.13 0.00 0.31 1.00 0.00 0.00
Interest 0.00 0.00 0.00 0.03 0.00 0.05 0.16
Depreciation 0.00 0.00 0.00 0.01 0.01 0.01 0.01
Profit before tax -0.19 3.94 4.40 1.81 -1.36 1.17 2.01
Tax % 5.26% 27.41% 25.91% 24.86% -35.29% 24.79% 21.89%
-0.20 2.85 3.25 1.36 -0.88 0.88 1.57
EPS in Rs -0.01 0.08 0.09 0.04 -0.02 0.02 0.04
Raw PDF

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: -10%
3 Years: -40%
1 Year: -55%
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%

Shareholding Pattern

Numbers in percentages

12 Recently
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Oct 2025
55.86% 55.86% 46.51% 26.89% 26.89% 26.89% 26.89% 29.02% 31.51% 36.15% 36.15% 39.12%
44.14% 44.15% 53.49% 73.11% 73.11% 73.11% 73.12% 70.99% 68.49% 63.86% 63.85% 60.88%
No. of Shareholders 1,1381,1771,2201,3591,7091,55740,90246,43846,54146,62747,38447,284

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