Starteck Finance Ltd
Starteck Finance Ltd is a Non-Deposit taking, Non-systemically important (ND-NSI) NBFC registered with RBI. It plans to mainly focus on retail lending in 2 key segments, viz. housing finance and loans to small corporates/ MSMEs.[1]
- Market Cap ₹ 241 Cr.
- Current Price ₹ 244
- High / Low ₹ 420 / 125
- Stock P/E 23.3
- Book Value ₹ 188
- Dividend Yield 0.10 %
- ROCE 7.65 %
- ROE 5.86 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 5.97% over last 3 years.
- Dividend payout has been low at 2.52% of profits over last 3 years
* 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
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 20 | 19 | 22 | 22 | 19 | 15 | 28 | 47 | 16 | 26 | 28 | |
1 | 2 | 2 | 4 | 4 | 4 | 5 | 16 | 5 | 3 | 5 | 4 | |
Operating Profit | 15 | 18 | 17 | 18 | 18 | 14 | 11 | 12 | 42 | 14 | 22 | 24 |
OPM % | 94% | 91% | 89% | 82% | 82% | 77% | 70% | 44% | 88% | 84% | 83% | 87% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 13 | 14 | 7 | 12 | 15 | 13 | 9 | 8 | 5 | 3 | 9 | 12 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 2 | 4 | 10 | 6 | 3 | 2 | 2 | 4 | 36 | 11 | 12 | 13 |
Tax % | 37% | 37% | 24% | 11% | 13% | 25% | 17% | 0% | 3% | 14% | 20% | 21% |
1 | 2 | 8 | 6 | 2 | 1 | 2 | 4 | 35 | 9 | 10 | 10 | |
EPS in Rs | 3.51 | 2.29 | 7.58 | 5.77 | 2.42 | 1.18 | 1.79 | 3.93 | 35.70 | 9.44 | 9.93 | 10.47 |
Dividend Payout % | 14% | 22% | 7% | 9% | 0% | 0% | 0% | 6% | 1% | 3% | 3% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 13% |
3 Years: | -16% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 42% |
3 Years: | -34% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 60% |
3 Years: | 47% |
1 Year: | 82% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 9% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 22 | 86 | 94 | 99 | 101 | 102 | 97 | 98 | 137 | 151 | 158 | 177 |
269 | 79 | 61 | 196 | 138 | 91 | 91 | 88 | 50 | 92 | 123 | 169 | |
1 | 2 | 4 | 4 | 5 | 8 | 12 | 8 | 2 | 3 | 11 | 16 | |
Total Liabilities | 295 | 177 | 168 | 309 | 254 | 211 | 209 | 204 | 199 | 256 | 302 | 371 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 10 | 40 | 95 | 100 | 98 | 75 | 73 | 84 | 76 | 74 | 73 | 131 |
286 | 137 | 73 | 209 | 156 | 136 | 136 | 119 | 123 | 182 | 229 | 241 | |
Total Assets | 295 | 177 | 168 | 309 | 254 | 211 | 209 | 204 | 199 | 256 | 302 | 371 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | -39 | 51 | 7 | -5 | -24 | 5 | 16 | -50 | -5 | 2 | 23 | |
-9 | -31 | -51 | -5 | 3 | 24 | -4 | -12 | 47 | 7 | -2 | -58 | |
3 | 69 | -0 | -1 | 0 | 0 | 0 | 0 | -0 | -4 | -0 | 35 | |
Net Cash Flow | 1 | -0 | -0 | 2 | -2 | -0 | 0 | 5 | -3 | -2 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | 6,441 | 2,456 | 1,313 | 3,382 | 2,499 | 2,487 | -166 | -16 | 11 | 6 | -64 | -109 |
ROCE % | 6% | 8% | 10% | 8% | 6% | 6% | 5% | 6% | 21% | 6% | 8% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Secretarial Compliance Report for the Financial Year Ended 31st March, 2024
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 May
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Announcement under Regulation 30 (LODR)-Change in Management
27 May - Appointment of Mr. Veeraraghavan N.(PCS) as Secretarial Auditor of the Company for FY 24-25.
- Audited Results For The Quarter And Financial Year Ended 31St Mach, 2024 27 May
- Corporate Action-Board approves Dividend 27 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Services offered
It serves the financing needs of the various corporates having a presence in urban and semi-urban areas of India. The company has a diversified lending portfolio across Retail, SMEs, and Commercial customers. [1]