Starteck Finance Ltd

₹ 268 0.60%

22 Nov - close price

niveditaindia.com BSE: 512381 NSE: STARTECK

About

Starteck Finance Ltd is a Non-Deposit taking, Non-systemically important (ND-NSI) NBFC registered with RBI. It plans to mainly focus on retail lending in 2 key segments, viz. housing finance and loans to small corporates/ MSMEs.^[1]

Key Points

Services offered
It serves the financing needs of the various corporates having a presence in urban and semi-urban areas of India. The company has a diversified lending portfolio across Retail, SMEs, and Commercial customers. ^[1]

Website BSE NSE

Market Cap ₹ 266 Cr.
Current Price ₹ 268
High / Low ₹ 420 / 200
Stock P/E 29.0
Book Value ₹ 208
Dividend Yield 0.09 %
ROCE 7.65 %
ROE 5.86 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Company has low interest coverage ratio.
Company has a low return on equity of 5.97% over last 3 years.
Dividend payout has been low at 2.52% of profits over last 3 years

* 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: Finance Industry: Finance & Investments

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	3.81	4.08	4.85	6.02	6.37	6.76	7.01	6.67	7.17	6.58	7.48	6.74	7.20
	0.48	0.82	0.82	1.13	1.90	0.70	0.83	0.77	0.46	0.81	1.58	0.94	0.84
Operating Profit	3.33	3.26	4.03	4.89	4.47	6.06	6.18	5.90	6.71	5.77	5.90	5.80	6.36
OPM %	87.40%	79.90%	83.09%	81.23%	70.17%	89.64%	88.16%	88.46%	93.58%	87.69%	78.88%	86.05%	88.33%
	0.03	0.00	0.45	0.00	0.00	0.00	0.00	0.10	0.00	0.00	0.33	0.25	1.26
Interest	0.69	0.86	0.82	1.31	1.78	3.19	3.08	2.75	2.99	2.86	3.03	4.13	4.57
Depreciation	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
Profit before tax	2.67	2.40	3.66	3.58	2.69	2.87	3.10	3.25	3.72	2.91	3.20	1.92	3.05
Tax %	0.00%	17.92%	27.87%	26.26%	26.02%	19.51%	6.13%	21.54%	21.24%	22.34%	17.81%	12.50%	15.74%
	2.66	1.97	2.64	2.64	1.99	2.30	2.91	2.55	2.93	2.27	2.63	1.68	2.57
EPS in Rs	2.68	1.99	2.66	2.66	2.01	2.32	2.94	2.57	2.96	2.29	2.65	1.70	2.59
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	TTM
	16.02	19.54	18.66	21.87	21.77	18.58	15.17	27.96	47.28	16.45	26.16	28.34	28.00
	0.97	1.76	2.00	3.92	3.81	4.19	4.53	15.62	5.48	2.56	4.56	3.61	4.17
Operating Profit	15.05	17.78	16.66	17.95	17.96	14.39	10.64	12.34	41.80	13.89	21.60	24.73	23.83
OPM %	93.95%	90.99%	89.28%	82.08%	82.50%	77.45%	70.14%	44.13%	88.41%	84.44%	82.57%	87.26%	85.11%
	0.05	0.00	0.00	0.00	0.00	0.08	0.10	0.00	0.00	0.00	0.00	0.00	1.84
Interest	13.15	14.15	6.79	11.50	15.20	12.90	8.61	8.45	5.34	3.06	9.36	11.64	14.59
Depreciation	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
Profit before tax	1.95	3.63	9.87	6.45	2.76	1.57	2.13	3.89	36.46	10.83	12.24	13.09	11.08
Tax %	37.44%	37.47%	23.91%	11.32%	13.41%	25.48%	16.90%	0.00%	2.93%	13.57%	19.61%	20.70%
	1.23	2.27	7.51	5.72	2.40	1.17	1.77	3.89	35.38	9.36	9.84	10.38	9.15
EPS in Rs	3.51	2.29	7.58	5.77	2.42	1.18	1.79	3.93	35.70	9.44	9.93	10.47	9.23
Dividend Payout %	14.23%	21.83%	6.60%	8.66%	0.00%	0.00%	0.00%	6.37%	0.70%	2.65%	2.52%	2.39%

Compounded Sales Growth
10 Years:	4%
5 Years:	13%
3 Years:	-16%
TTM:	1%

Compounded Profit Growth
10 Years:	16%
5 Years:	42%
3 Years:	-34%
TTM:	-14%

Stock Price CAGR
10 Years:	11%
5 Years:	58%
3 Years:	30%
1 Year:	23%

Return on Equity
10 Years:	7%
5 Years:	9%
3 Years:	6%
Last Year:	6%

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	3.50	9.91	9.91	9.91	9.91	9.91	9.91	9.91	9.91	9.91	9.91	9.91	9.91
Reserves	21.52	86.33	93.63	98.76	101.16	102.33	96.64	97.72	137.13	151.19	157.76	176.76	196.51
	269.31	78.83	60.53	196.36	137.55	90.86	91.21	88.42	50.43	92.28	122.99	169.13	217.61
	0.99	2.14	3.58	3.68	5.33	8.04	11.64	7.53	1.62	2.61	11.02	15.67	6.43
Total Liabilities	295.32	177.21	167.65	308.71	253.95	211.14	209.40	203.58	199.09	255.99	301.68	371.47	430.46
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.08	0.07
CWIP	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
Investments	9.53	40.35	95.04	100.01	97.92	74.79	73.44	84.24	75.99	74.29	72.74	130.79	161.24
	285.79	136.86	72.61	208.70	156.03	136.35	135.96	119.34	123.10	181.70	228.94	240.60	269.15
Total Assets	295.32	177.21	167.65	308.71	253.95	211.14	209.40	203.58	199.09	255.99	301.68	371.47	430.46

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
	7.42	-38.62	50.87	7.02	-5.04	-24.21	4.79	16.30	-50.06	-4.77	2.39	23.09
	-9.48	-30.81	-50.95	-4.57	3.26	23.84	-4.38	-11.76	47.06	6.75	-1.99	-57.80
	2.88	68.95	-0.21	-0.60	0.00	0.00	0.00	0.00	-0.21	-3.72	-0.34	34.91
Net Cash Flow	0.82	-0.48	-0.29	1.86	-1.78	-0.37	0.41	4.55	-3.21	-1.74	0.05	0.19

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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Days
Days Payable
Cash Conversion Cycle	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Working Capital Days	6,440.59	2,456.18	1,312.90	3,382.47	2,498.67	2,487.03	-166.26	-16.45	11.43	5.77	-63.76	-116.69
ROCE %	6.23%	7.58%	9.82%	7.65%	6.49%	6.41%	5.36%	6.27%	21.24%	6.16%	7.94%	7.65%

Shareholding Pattern

Numbers in percentages

1 Recently

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	70.82%	71.05%	71.37%	71.52%	71.52%	71.52%	71.52%	71.68%	72.55%	72.76%	72.76%	72.76%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%
	0.17%	0.17%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	29.01%	28.78%	28.45%	28.48%	28.47%	28.47%	28.47%	28.32%	27.44%	27.23%	27.23%	27.23%
No. of Shareholders	1,136	1,070	1,378	1,177	1,024	1,026	1,061	1,133	1,966	1,904	1,965	1,772

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
	64.79%	64.79%	64.79%	65.38%	70.32%	71.05%	71.52%	72.76%	72.76%
	0.00%	0.00%	0.00%	0.00%	0.13%	0.17%	0.00%	0.00%	0.00%
	35.21%	35.21%	35.21%	34.62%	29.56%	28.78%	28.47%	27.23%	27.23%
No. of Shareholders	282	279	295	316	946	1,070	1,026	1,904	1,772

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Starteck Finance Ltd

Starteck Finance Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings