Starlineps Enterprises Ltd
Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]
- Market Cap ₹ 379 Cr.
- Current Price ₹ 10.4
- High / Low ₹ 12.7 / 1.90
- Stock P/E 165
- 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
- Stock is trading at 11.3 times its book value
- 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.1.02 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 | 83.52 | |
| 27.82 | 65.97 | 81.46 | |
| Operating Profit | 1.94 | 7.38 | 2.06 |
| OPM % | 6.52% | 10.06% | 2.47% |
| 0.55 | 1.44 | 1.02 | |
| Interest | 0.00 | 0.04 | 0.25 |
| Depreciation | 0.01 | 0.02 | 0.04 |
| Profit before tax | 2.48 | 8.76 | 2.79 |
| Tax % | 27.82% | 25.00% | |
| 1.79 | 6.57 | 2.30 | |
| EPS in Rs | 0.05 | 0.18 | 0.06 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -8% |
| 1 Year: | 155% |
| 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 |
| Free Cash Flow | 12.26 | 1.89 |
| CFO/OP | 644% | 56% |
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% |
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 ・Standalone data |
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| Trade Receivables Turnover Ratio Times ・Standalone data |
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| Number of Strategic Startup Investments Number ・Standalone data |
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| Number of Wholly Owned Subsidiaries Number ・Standalone data |
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| Total Value of Strategic Startup Investments INR Million ・Standalone data |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
-
Board Meeting Outcome for Allotment Of Equity Shares And Convertible Warrants On Preferential Basis
23 Mar - Allotted 6.78 crore shares at Rs6 (Rs40.70 crore); 48 crore warrants @Rs6 (Rs288 crore), Rs72 crore received.
-
Announcement under Regulation 30 (LODR)-Preferential Issue
23 Mar - Allotment of 6.78 crore shares (Rs40.70Cr) and 48 crore warrants (Rs288Cr); Rs72Cr received; 23 Mar 2026.
-
Closure of Trading Window
23 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for quarter/year ended 31-Mar-2026.
-
Board Meeting Intimation for Allotment Of Equity Shares And Convertible Warrants On Preferential Basis.
16 Mar - Board meeting 23-Mar-2026 to approve allotment of 7,00,00,000 equity shares and 48,00,00,000 convertible warrants preferentially.
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