Starlineps Enterprises Ltd
Incorporated in 2011, Starlineps Enterprises
Ltd is in the business of Precious Metals, Stones & Jewellery Trading[1]
- Market Cap ₹ 179 Cr.
- Current Price ₹ 6.89
- High / Low ₹ 31.0 / 5.19
- Stock P/E 27.2
- Book Value ₹ 1.27
- Dividend Yield 0.00 %
- ROCE 29.7 %
- ROE 22.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 67.4 days to 52.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 31.5%
- Promoter holding has decreased over last 3 years: -24.4%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 29.76 | 73.35 | |
| 27.82 | 65.98 | |
| Operating Profit | 1.94 | 7.37 |
| OPM % | 6.52% | 10.05% |
| 0.55 | 1.44 | |
| Interest | 0.00 | 0.03 |
| Depreciation | 0.01 | 0.02 |
| Profit before tax | 2.48 | 8.76 |
| Tax % | 27.82% | 25.00% |
| 1.79 | 6.57 | |
| EPS in Rs | 0.07 | 0.25 |
| 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: | 18% |
| 3 Years: | -24% |
| 1 Year: | -63% |
| 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 | |
|---|---|---|
| Equity Capital | 21.62 | 25.94 |
| Reserves | 4.66 | 6.91 |
| 0.00 | 0.00 | |
| 3.32 | 20.37 | |
| Total Liabilities | 29.60 | 53.22 |
| 5.30 | 5.88 | |
| CWIP | 0.00 | 0.00 |
| Investments | 0.25 | 1.92 |
| 24.05 | 45.42 | |
| Total Assets | 29.60 | 53.22 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 12.26 | 2.54 | |
| -0.25 | -2.27 | |
| 0.00 | 0.00 | |
| Net Cash Flow | 12.01 | 0.27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 0.00 | 25.88 |
| Inventory Days | 5.06 | 133.89 |
| Days Payable | 34.21 | 105.17 |
| Cash Conversion Cycle | -29.15 | 54.60 |
| Working Capital Days | 82.42 | 52.30 |
| ROCE % | 29.73% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
7h - Annual Secretarial Compliance Report FY25; minor 2-day delay in bonus share trading, fine paid.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9h - Copy of Newspaper publication of Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2025.
-
Results - Audited Financial Results For Quarter And Year Ended March 31, 2025
1d - Audited standalone and consolidated financial results for FY ended 31 March 2025 with unmodified audit opinion.
-
Board Meeting Outcome for Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2025
1d - Audited standalone and consolidated financial results for year ended March 31, 2025 approved.
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Board Meeting Intimation for Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March, 2025
13 May - Board meeting on 20 May 2025 to approve audited financial results for FY 2024-25.
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