Starlit Power Systems Ltd
₹ 3.59
4.97%
02 Jan 2025
About
Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage
Key Points
- Market Cap ₹ 3.61 Cr.
- Current Price ₹ 3.59
- High / Low ₹ 6.79 / 2.05
- Stock P/E
- Book Value ₹ 947
- Dividend Yield 0.00 %
- ROCE -9.22 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.00 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -15.2%
- Promoter holding is low: 0.40%
- Company's cost of borrowing seems high
* 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: Mining & Mineral products Industry: Mining / Minerals / Metals
Loading peers table ...
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.57 | 42.38 | 31.04 | 23.50 | 6.95 | 7.11 | 12.78 | 11.50 | 17.75 | 8.50 | 0.55 | 0.00 | 0.37 | |
| 28.88 | 39.79 | 33.67 | 27.14 | 9.74 | 8.80 | 15.78 | 13.49 | 21.69 | 8.79 | 1.00 | 0.49 | 1.18 | |
| 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 | -0.81 |
| OPM % | 5.53% | 6.11% | -8.47% | -15.49% | -40.14% | -23.77% | -23.47% | -17.30% | -22.20% | -3.41% | -81.82% | -218.92% | |
| 0.01 | 0.06 | 1.30 | 0.26 | 0.05 | 0.04 | 1.23 | 0.05 | 0.27 | 0.40 | 0.41 | 0.23 | 0.06 | |
| 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 | 1.48 |
| 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 | 0.44 |
| 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 | -2.67 |
| 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 | -2.62 | |
| EPS in Rs | 0.77 | 0.07 | -4.42 | -4.41 | -3.82 | -6.42 | -3.99 | -1.68 | -4.75 | -2.31 | -13.47 | -3.76 | -2.60 |
| 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: | -31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 7% |
| TTM: | 81% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -23% |
| 3 Years: | -30% |
| 1 Year: | -28% |
| 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 | Sep 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 | 20.43 |
| 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 | 936.45 |
| 6.61 | 13.96 | 21.23 | 22.97 | 25.05 | 30.87 | 31.85 | 34.47 | 39.90 | 40.91 | 42.67 | 43.54 | 0.26 | |
| 1.91 | 7.76 | 6.06 | 7.52 | 7.86 | 5.18 | 8.40 | 8.20 | 8.18 | 7.33 | 6.79 | 10.26 | 12.12 | |
| 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 | 969.26 |
| 3.06 | 6.91 | 18.74 | 17.22 | 16.24 | 14.10 | 13.17 | 12.33 | 11.46 | 10.47 | 9.48 | 8.58 | 955.31 | |
| 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 | 0.00 |
| 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 | 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 | 13.95 | |
| 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 | 969.26 |
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% |
Documents
Announcements
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
23h - Confirms Starlit Power Systems not a Large Corporate under SEBI for FY 2024-25.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) of SEBI (Depository & Participants) Regulations, 2018 for the quarter ended 31st March, 2025.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
14 Apr - Resignation of two non-executive independent directors.
-
Intimation Of Appointment Of Secretarial Auditor For The Financial Year 2024-25
31 Mar - Appointment of Secretarial Auditor for FY 2024-25.
-
Board Meeting Outcome for Outcome Of Meeting Of Board Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015.
31 Mar - Appointment of secretarial auditor for FY 2024-2025.
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.