Starlit Power Systems Ltd(Merged)
Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage
- Market Cap ₹ 3.61 Cr.
- Current Price ₹ 3.59
- High / Low ₹ 3.59 / 2.97
- Stock P/E
- Book Value ₹ 974
- Dividend Yield 0.00 %
- ROCE -0.07 %
- ROE -0.07 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.00 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 20.6%
- Promoter holding has decreased over last 3 years: -8.73%
* 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.
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 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 42.56 | 32.86 | 25.58 | 7.85 | 7.17 | 12.78 | 0.00 | 0.00 | 0.00 | |
| 39.97 | 35.70 | 29.19 | 10.09 | 8.95 | 15.78 | 0.49 | 1.10 | 0.43 | |
| Operating Profit | 2.59 | -2.84 | -3.61 | -2.24 | -1.78 | -3.00 | -0.49 | -1.10 | -0.43 |
| OPM % | 6.09% | -8.64% | -14.11% | -28.54% | -24.83% | -23.47% | |||
| 0.06 | 1.30 | 0.26 | 0.05 | 0.53 | 1.23 | 0.23 | 0.47 | 0.17 | |
| Interest | 1.98 | 2.10 | 2.94 | 2.47 | 1.81 | 2.35 | 2.64 | 0.01 | 0.04 |
| Depreciation | 0.44 | 0.66 | 1.13 | 1.04 | 1.00 | 1.00 | 0.90 | 0.01 | 0.01 |
| Profit before tax | 0.23 | -4.30 | -7.42 | -5.70 | -4.06 | -5.12 | -3.80 | -0.65 | -0.31 |
| Tax % | 82.61% | -16.51% | -40.84% | -31.75% | 49.75% | -21.09% | -0.26% | 0.00% | |
| 0.04 | -3.60 | -4.39 | -3.90 | -6.08 | -4.03 | -3.80 | -0.65 | -0.31 | |
| EPS in Rs | 0.07 | -4.71 | -4.35 | -3.84 | -6.01 | -3.99 | -3.76 | -0.64 | -0.31 |
| Dividend Payout % | 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: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -28% |
| 3 Years: | -23% |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.48 | 6.12 | 8.05 | 10.06 | 10.06 | 10.06 | 10.37 | 20.43 | 20.43 |
| Reserves | 3.49 | -0.14 | -1.01 | -7.33 | -13.07 | -16.67 | 954.59 | 948.27 | 963.46 |
| 13.96 | 21.23 | 22.97 | 25.05 | 30.87 | 31.85 | 0.17 | 0.86 | 3.53 | |
| 7.78 | 8.46 | 7.99 | 8.32 | 6.15 | 9.44 | 0.02 | 0.09 | 0.09 | |
| Total Liabilities | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 | 965.15 | 969.65 | 987.51 |
| 6.94 | 18.77 | 17.24 | 16.26 | 14.12 | 13.19 | 0.00 | 7.94 | 8.17 | |
| CWIP | 4.83 | 0.00 | 4.52 | 5.59 | 5.59 | 5.59 | 0.00 | 9.23 | 10.96 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 956.45 | 936.59 | 952.05 |
| 17.94 | 16.90 | 16.24 | 14.25 | 14.30 | 15.90 | 8.70 | 15.89 | 16.33 | |
| Total Assets | 29.71 | 35.67 | 38.00 | 36.10 | 34.01 | 34.68 | 965.15 | 969.65 | 987.51 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 0.04 | 2.18 | -3.75 | 1.05 | -6.86 | ||||
| -4.44 | -1.87 | 0.17 | -0.07 | -13.45 | ||||
| 4.07 | -0.38 | 4.02 | -1.32 | 20.61 | ||||
| Net Cash Flow | -0.33 | -0.07 | 0.45 | -0.34 | 0.30 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 7,505.90 | |
| Days Payable | 51.57 | 86.35 | 106.91 | 376.73 | 324.64 | 248.82 | 56.15 | |
| Cash Conversion Cycle | 53.33 | 65.81 | 42.71 | -53.19 | 183.78 | 29.30 | ||
| Working Capital Days | 86.62 | 79.42 | -127.85 | -709.08 | 73.31 | -30.27 | ||
| ROCE % | -11.56% | -15.66% | -11.18% | -6.29% | -10.43% | -0.07% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Submission of Extract of Newspaper Publication of Unaudited financial Result for the Quarter and half year ended 30th September, 2025
-
Disclosure Of Related Party Transaction Pursuant To Regulation 23(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015.
8 Nov - No related party transactions for quarter and FY ended September 30, 2025.
- Submission Of Unaudited Financial Results Of (Starlit Power Systems Limited) For The Quarter & Half Year Ended On September 30, 2025 Along With Limited Review Report Thereon. 8 Nov
-
Undertaking For Non- Applicability Of Regulation 32 Of SEBI (LODR) Regulations, 2015 For The
Quarter & Half Year Ended On September 30, 2025.
8 Nov - Certifies Regulation 32 non-applicability for quarter/half-year ended Sep 30, 2025; no public/right/preferential issue.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday, 08Th November, 2025 As Per Regulation
30 Of SEBI (LODR) Regulations, 2015.
8 Nov - Board approved unaudited financial results and limited review for quarter/half year ended 30 Sep 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.