Starlite Components Ltd

Starlite Components Ltd

₹ 3.64 4.90%
06 Sep 2024
About

Incorporated in 1991, Starlite Components Ltd manufactures and sells Electronic Ballast and
LED Products.

Key Points

Product Profile:[1]
Luminaries, Sensors, Ballasts, LED Lamps, Tube Light, Street Lighting, Electronic Drivers, Induction Lighting, Down Lighters, LED Lighting, Halogen lamps, etc.

  • Market Cap 6.22 Cr.
  • Current Price 3.64
  • High / Low 3.64 / 2.08
  • Stock P/E 7.87
  • Book Value -0.23
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Debtor days have improved from 139 to 36.2 days.

Cons

  • Working capital days have increased from 18.5 days to 74.6 days

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
0.56 0.50 0.53 0.53 0.54 0.55 0.56 0.56 1.45 1.54 1.57 0.70 1.44
0.50 0.67 0.56 0.57 0.59 0.60 0.60 0.56 0.63 0.77 0.67 1.61 1.41
Operating Profit 0.06 -0.17 -0.03 -0.04 -0.05 -0.05 -0.04 0.00 0.82 0.77 0.90 -0.91 0.03
OPM % 10.71% -34.00% -5.66% -7.55% -9.26% -9.09% -7.14% 0.00% 56.55% 50.00% 57.32% -130.00% 2.08%
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.11 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.14 0.14 0.14 0.14 0.14 0.14 0.13 0.13 0.13 -0.01 0.01 0.01 0.01
Profit before tax -0.07 -0.31 -0.17 -0.18 -0.19 -0.19 -0.17 -0.13 0.69 10.89 0.89 -0.92 0.02
Tax % -14.29% -3.23% -5.88% -5.56% -5.26% -21.05% 5.88% -15.38% -2.90% 0.37% 0.00% 0.00% 0.00%
-0.06 -0.30 -0.15 -0.16 -0.18 -0.16 -0.18 -0.12 0.71 10.85 0.90 -0.91 0.02
EPS in Rs -0.04 -0.18 -0.09 -0.09 -0.11 -0.09 -0.11 -0.07 0.42 6.35 0.53 -0.53 0.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Jun 2013 Mar 2014 9m Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
38 14 27 43 57 77 62 15 2 2 2 3 5
40 14 26 40 54 75 60 38 3 2 2 2 4
Operating Profit -3 -1 1 3 3 2 2 -23 -1 -0 -0 1 1
OPM % -7% -5% 5% 6% 5% 3% 3% -157% -46% -14% -9% 20% 15%
0 0 1 0 1 0 0 8 0 0 0 10 10
Interest 2 0 1 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 1 1 1 1 1 0 0
Profit before tax -5 -1 1 2 3 2 1 -15 -1 -1 -1 10 11
Tax % 5% -88% -16% 35% 33% 33% 6% -0% -2% -5% -11% 0%
-5 -0 1 1 2 1 1 -15 -1 -1 -1 10 11
EPS in Rs -6.07 -0.22 1.13 0.70 1.19 0.59 0.58 -9.01 -0.71 -0.46 -0.38 6.06 6.36
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -14%
5 Years: -45%
3 Years: 19%
TTM: 68%
Compounded Profit Growth
10 Years: 16%
5 Years: -24%
3 Years: 30%
TTM: 216%
Stock Price CAGR
10 Years: -23%
5 Years: 10%
3 Years: -10%
1 Year: 37%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 8 5 9 17 17 17 17 17 17 17 17 17 17
Reserves -21 -14 -13 -14 -12 -11 -10 -25 -26 -27 -28 -17 -18
9 8 8 5 5 1 2 5 5 5 5 2 2
32 36 39 42 50 97 41 15 16 16 15 1 1
Total Liabilities 29 35 42 50 60 104 50 12 12 11 9 2 2
2 3 4 4 4 6 6 5 4 3 3 0 0
CWIP 1 1 1 2 2 2 2 0 0 0 0 0 0
Investments 0 0 1 1 1 1 1 0 0 0 0 0 0
25 30 36 43 53 95 42 8 8 8 6 2 2
Total Assets 29 35 42 50 60 104 50 12 12 11 9 2 2

Cash Flows

Figures in Rs. Crores

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 -1 -2 -2 1 6 -4 -3 0 -0 0 -0
-1 -1 -2 -1 -1 -3 0 0 0 0 0 0
-0 2 4 3 -0 -3 4 3 -0 0 0 0
Net Cash Flow 0 0 0 -0 0 -0 0 -0 0 0 0 -0

Ratios

Figures in Rs. Crores

Jun 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 110 320 160 133 124 262 101 30 393 342 39 36
Inventory Days 77 331 291 221 206 137 85 12 318 710 243
Days Payable 164 627 87 99 134 267 64 17 1,460 5,414 1,839
Cash Conversion Cycle 23 23 364 256 195 133 123 26 -749 -4,363 -1,556 36
Working Capital Days -75 -200 370 279 219 100 113 32 110 32 -51 75
ROCE % 74% 35% 36% 21% 15% -473%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
51.67% 51.67% 51.67% 51.67% 51.67% 51.67% 51.67% 51.67% 51.67% 51.67% 51.67% 51.67%
48.33% 48.33% 48.33% 48.33% 48.32% 48.33% 48.31% 48.32% 48.33% 48.33% 48.32% 48.33%
No. of Shareholders 18,81919,00419,00019,03419,03018,99219,04419,03119,10819,29219,34819,293

Documents