Starlit Power Systems Ltd

Starlit Power Systems Ltd

₹ 5.85 -4.88%
22 Jul - close price
About

Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage

Key Points

Business Overview:[1]
Company's focus areas are recycling, refining, manufacturing, trade, import & export of Lead based products such as Refined Lead with minimum 99.98% purity, Lead Alloys, Calcium, Antimony, Selenium, Tin, etc and Lead Oxides
such as Grey Oxide and Red lead. Company also recycles old lead acid batteries and lead scrap. Company operates both in B2C viz., selling batteries to customers and also in B2B viz., selling metal and oxides to Industrial users including other battery players.

  • Market Cap 5.89 Cr.
  • Current Price 5.85
  • High / Low 6.79 / 3.80
  • Stock P/E
  • Book Value -32.2
  • Dividend Yield 0.00 %
  • ROCE -9.22 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -1.29%
  • Promoter holding is low: 28.1%

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
7.85 5.23 2.08 1.32 -0.12 0.00 0.00 0.02 0.54 0.00 0.00 0.00 0.00
8.07 5.59 1.65 1.33 0.24 0.07 0.05 0.15 0.74 0.02 0.08 0.23 0.15
Operating Profit -0.22 -0.36 0.43 -0.01 -0.36 -0.07 -0.05 -0.13 -0.20 -0.02 -0.08 -0.23 -0.15
OPM % -2.80% -6.88% 20.67% -0.76% -650.00% -37.04%
-0.10 0.00 0.00 0.05 0.35 0.09 0.05 0.08 0.19 0.05 0.14 0.02 0.02
Interest 0.42 0.52 0.71 0.54 0.39 0.52 0.55 0.57 0.57 0.59 0.70 0.69 0.66
Depreciation 0.42 0.25 0.25 0.25 0.25 0.25 0.19 0.22 0.33 0.23 0.23 0.22 0.22
Profit before tax -1.16 -1.13 -0.53 -0.75 -0.65 -0.75 -0.74 -0.84 -0.91 -0.79 -0.87 -1.12 -1.01
Tax % -25.86% 123.89% -341.51% 181.33% -255.38% 0.00% 48.65% -17.86% 1,116.48% 0.00% 0.00% 0.00% -0.99%
-0.86 -2.52 1.29 -2.11 1.02 -0.75 -1.10 -0.68 -11.07 -0.79 -0.88 -1.13 -1.01
EPS in Rs -0.85 -2.50 1.28 -2.10 1.01 -0.75 -1.09 -0.68 -11.00 -0.78 -0.87 -1.12 -1.00
Raw PDF

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
30.57 42.38 31.04 23.50 6.95 7.11 12.78 11.50 17.75 8.50 0.55 0.00
28.88 39.79 33.67 27.14 9.74 8.80 15.78 13.49 21.69 8.79 1.00 0.49
Operating Profit 1.69 2.59 -2.63 -3.64 -2.79 -1.69 -3.00 -1.99 -3.94 -0.29 -0.45 -0.49
OPM % 5.53% 6.11% -8.47% -15.49% -40.14% -23.77% -23.47% -17.30% -22.20% -3.41% -81.82%
0.01 0.06 1.30 0.26 0.05 0.04 1.23 0.05 0.27 0.40 0.41 0.23
Interest 0.98 1.98 2.08 2.89 2.47 1.81 2.35 1.37 1.82 2.16 2.21 2.64
Depreciation 0.27 0.44 0.66 1.13 1.04 1.00 1.00 0.98 0.99 0.99 0.99 0.90
Profit before tax 0.45 0.23 -4.07 -7.40 -6.25 -4.46 -5.12 -4.29 -6.48 -3.04 -3.24 -3.80
Tax % 33.33% 82.61% -17.44% -39.86% -38.08% 45.29% -21.09% -60.37% -25.93% -23.36% 319.75% -0.26%
0.30 0.04 -3.36 -4.45 -3.86 -6.48 -4.03 -1.70 -4.80 -2.33 -13.60 -3.80
EPS in Rs 0.77 0.07 -4.42 -4.41 -3.84 -6.44 -4.00 -1.69 -4.77 -2.31 -13.51 -3.78
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: 7%
TTM: 72%
Stock Price CAGR
10 Years: %
5 Years: -10%
3 Years: -22%
1 Year: 25%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 3.14 4.48 6.12 8.05 10.06 10.06 10.06 10.06 10.06 10.06 10.06 10.06
Reserves 0.68 3.49 0.09 -0.83 -6.37 -12.52 -16.21 -17.91 -22.71 -25.04 -38.68 -42.48
6.61 13.96 21.23 22.97 25.05 30.87 31.85 34.47 39.90 40.91 42.67 43.54
1.91 7.76 6.06 7.52 7.86 5.18 8.40 8.20 8.18 7.33 6.79 10.26
Total Liabilities 12.34 29.69 33.50 37.71 36.60 33.59 34.10 34.82 35.43 33.26 20.84 21.38
3.06 6.91 18.74 17.22 16.24 14.10 13.17 12.33 11.46 10.47 9.48 8.58
CWIP 2.14 4.83 0.00 4.52 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59
Investments 0.00 0.10 0.10 0.10 0.10 0.10 0.10 0.00 0.00 0.00 0.00 0.00
7.14 17.85 14.66 15.87 14.67 13.80 15.24 16.90 18.38 17.20 5.77 7.21
Total Assets 12.34 29.69 33.50 37.71 36.60 33.59 34.10 34.82 35.43 33.26 20.84 21.38

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
1.25 -3.25 -8.60 -3.32 2.23 -3.75 1.05 -0.85 -3.38 1.19 0.26 3.38
-3.25 -7.09 1.58 -1.09 -1.87 0.17 -0.07 -0.52 -0.12 -0.01 0.01 0.04
2.00 10.34 7.38 4.08 -0.38 4.02 -1.32 1.25 3.62 -1.15 -0.45 -1.77
Net Cash Flow 0.00 0.00 0.36 -0.32 -0.02 0.45 -0.34 -0.11 0.12 0.03 -0.18 1.66

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 40.36 67.09 27.87 73.62 232.65 267.97 147.37 100.93 132.43 224.58 3,145.64
Inventory Days 29.96 37.81 108.45 86.07 116.84 223.92 112.13 202.19 42.81 47.54 149.08
Days Payable 20.51 51.58 62.17 109.27 363.00 274.95 218.77 285.87 138.56 272.88 3,089.65
Cash Conversion Cycle 49.81 53.32 74.15 50.43 -13.51 216.95 40.73 17.25 36.68 -0.76 205.07
Working Capital Days 47.52 86.73 87.37 67.25 27.31 202.26 40.56 30.15 13.57 -17.61 -517.64
ROCE % 16.32% 13.66% -10.65% -15.65% -12.83% -5.77% -10.24% -11.16% -17.30% -3.31% -5.15% -9.22%

Shareholding Pattern

Numbers in percentages

5 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
29.37% 29.37% 29.37% 29.37% 29.37% 29.37% 29.37% 29.37% 29.37% 29.37% 29.37% 28.08%
70.63% 70.63% 70.63% 70.63% 70.62% 70.63% 70.63% 70.63% 70.63% 70.64% 70.64% 71.92%
No. of Shareholders 1,0591,8512,2462,5882,7002,7072,6502,6503,2173,2423,3733,988

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