Starlit Power Systems Ltd
Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage
- Market Cap ₹ 4.63 Cr.
- Current Price ₹ 4.60
- High / Low ₹ 6.79 / 3.80
- Stock P/E
- Book Value ₹ -6.57
- Dividend Yield 0.00 %
- ROCE -10.4 %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 217 to 161 days.
- Company's working capital requirements have reduced from 67.9 days to 27.4 days
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.29%
- The company has delivered a poor sales growth of -21.4% over past five years.
- Promoter holding is low: 28.1%
- Company has high debtors of 161 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: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
---|---|---|---|---|---|---|---|
42.56 | 32.86 | 25.58 | 7.85 | 7.17 | 12.78 | 10.47 | |
39.97 | 35.70 | 29.19 | 10.09 | 8.95 | 15.78 | 14.52 | |
Operating Profit | 2.59 | -2.84 | -3.61 | -2.24 | -1.78 | -3.00 | -4.05 |
OPM % | 6.09% | -8.64% | -14.11% | -28.54% | -24.83% | -23.47% | -38.68% |
0.06 | 1.30 | 0.26 | 0.05 | 0.53 | 1.23 | 1.23 | |
Interest | 1.98 | 2.10 | 2.94 | 2.47 | 1.81 | 2.35 | 2.37 |
Depreciation | 0.44 | 0.66 | 1.13 | 1.04 | 1.00 | 1.00 | 1.00 |
Profit before tax | 0.23 | -4.30 | -7.42 | -5.70 | -4.06 | -5.12 | -6.19 |
Tax % | 82.61% | -16.51% | -40.84% | -31.75% | 49.75% | -21.09% | |
0.04 | -3.60 | -4.39 | -3.90 | -6.08 | -4.03 | -3.71 | |
EPS in Rs | 0.07 | -4.71 | -4.35 | -3.85 | -6.03 | -4.00 | -3.69 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -21% |
3 Years: | -21% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 3% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -15% |
3 Years: | -28% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|
Equity Capital | 4.48 | 6.12 | 8.05 | 10.06 | 10.06 | 10.06 |
Reserves | 3.49 | -0.14 | -1.01 | -7.33 | -13.07 | -16.67 |
13.96 | 21.23 | 22.97 | 25.05 | 30.87 | 31.85 | |
7.78 | 8.46 | 7.99 | 8.32 | 6.15 | 9.44 | |
Total Liabilities | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 |
6.94 | 18.77 | 17.24 | 16.26 | 14.12 | 13.19 | |
CWIP | 4.83 | 0.00 | 4.52 | 5.59 | 5.59 | 5.59 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
17.94 | 16.90 | 16.24 | 14.25 | 14.30 | 15.90 | |
Total Assets | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|
0.04 | 2.18 | -3.75 | 1.05 | |||
-4.44 | -1.87 | 0.17 | -0.07 | |||
4.07 | -0.38 | 4.02 | -1.32 | |||
Net Cash Flow | -0.33 | -0.07 | 0.45 | -0.34 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|
Debtor Days | 66.81 | 44.54 | 65.64 | 200.40 | 289.66 | 160.79 |
Inventory Days | 38.09 | 107.61 | 83.98 | 123.13 | 218.77 | 117.33 |
Days Payable | 51.57 | 86.35 | 106.91 | 376.73 | 324.64 | 248.82 |
Cash Conversion Cycle | 53.33 | 65.81 | 42.71 | -53.19 | 183.78 | 29.30 |
Working Capital Days | 86.62 | 79.42 | 57.79 | 3.72 | 172.57 | 27.42 |
ROCE % | -11.56% | -15.66% | -11.18% | -6.29% | -10.43% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Aug - Submission of extract of newspaper publication of unaudited financial results for the quarter ended June 30, 2024.
- June 30, 2024 Quarter Financial Results 14 Aug
- Board Meeting Outcome for Outcome Of Meeting Of Board Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015. 14 Aug
- Board Meeting Intimation for Prior Intimation Of Board Meeting Of KDG Properties And Construction Private Limited (Amalgamating Company) For Approval Of Un-Audited Financial Results Of Starlit Power Systems Limited (Amalgamated Company) For The Quarter Ended June 30Th, 2024 9 Aug
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
29 Jul - Implementation of approved of Resolution plan by Successful Resolution Applicant in pursuance to order dated 16.05.24 passed by Hon''ble NCLT, New Delhi bench-II
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.