Starteck Finance Ltd

Starteck Fin. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Starteck Finance Ltd

₹ 288 2.09%
07 Apr - 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 ₹ 285 Cr.
  • Current Price ₹ 288
  • High / Low ₹ 380 / 200
  • Stock P/E 23.0
  • Book Value ₹ 227
  • Dividend Yield 0.09 %
  • ROCE 7.90 %
  • ROE 8.29 %
  • Face Value ₹ 10.0
    Edit ratios
    Volume
    Price on NSE

    Pros

    Cons

    • Company has low interest coverage ratio.
    • Tax rate seems low
    • Company has a low return on equity of 7.23% over last 3 years.
    • Dividend payout has been low at 1.71% 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
    S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
    1. Bajaj Finance 8568.0033.23531112.030.424308.1916.7018035.1127.3311.92
    2. Bajaj Finserv 1852.6534.50295805.600.054411.893.4032041.8110.3411.72
    3. Jio Financial 213.5284.41135655.320.00294.780.33438.355.981.55
    4. Bajaj Holdings 10779.6015.97119966.171.221749.976.32126.3316.9213.07
    5. Cholaman.Inv.&Fn 1386.1028.65116562.820.141088.2124.796732.9834.4610.41
    6. Shriram Finance 614.0014.23115455.571.473248.6418.2210698.3119.9011.27
    7. Muthoot Finance 2254.3019.0690502.001.061363.0932.694423.4639.6413.15
    8. Starteck Fin. 287.9022.97285.320.093.6330.118.7618.547.90
    Median: 194 Co. 182.9420.15721.80.04.72-0.2229.4310.2710.49

      Quarterly Results

      Consolidated Figures in Rs. Crores / View Standalone

      Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
      4.08 4.78 6.10 6.37 6.76 8.99 6.68 12.33 7.39 10.93 7.02 8.43 8.76
      0.88 0.88 1.20 1.96 0.77 1.88 0.90 0.99 0.98 4.06 1.05 0.89 1.18
      Operating Profit 3.20 3.90 4.90 4.41 5.99 7.11 5.78 11.34 6.41 6.87 5.97 7.54 7.58
      OPM % 78.43% 81.59% 80.33% 69.23% 88.61% 79.09% 86.53% 91.97% 86.74% 62.85% 85.04% 89.44% 86.53%
      0.00 0.45 0.00 0.00 0.00 11.74 0.10 0.00 0.00 0.33 0.25 1.28 0.73
      Interest 0.86 0.82 1.31 1.78 3.19 3.08 2.75 2.99 2.86 3.03 4.13 4.57 4.98
      Depreciation 0.00 0.00 0.00 0.00 0.00 0.55 0.14 0.14 0.14 0.12 0.14 0.14 0.14
      Profit before tax 2.34 3.53 3.59 2.63 2.80 15.22 2.99 8.21 3.41 4.05 1.95 4.11 3.19
      Tax % 17.52% 29.46% 26.74% 26.62% 20.00% 1.25% 23.41% 9.62% 18.18% 14.81% 12.31% 11.68% -13.48%
      1.92 2.49 2.63 1.93 2.24 15.02 2.29 7.42 2.79 3.45 1.71 3.63 3.63
      EPS in Rs 1.94 2.51 2.65 1.95 2.26 15.16 2.31 7.49 2.82 3.48 1.73 3.66 3.66
      Raw PDF

      Profit & Loss

      Consolidated Figures in Rs. Crores / View Standalone

      Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
      19 22 22 19 15 28 76 29 28 38 35
      2 4 4 4 5 16 6 3 6 7 7
      Operating Profit 17 18 18 14 10 12 70 26 22 31 28
      OPM % 89% 82% 82% 77% 68% 43% 92% 90% 79% 82% 80%
      0 0 0 0 0 0 0 0 12 0 3
      Interest 7 12 15 13 9 8 31 14 9 12 17
      Depreciation 0 0 0 0 0 0 0 0 1 1 1
      Profit before tax 10 6 3 2 2 4 40 12 24 19 13
      Tax % 24% 11% 14% 26% 20% 1% 5% 15% 10% 15%
      8 6 2 1 1 4 38 10 22 16 12
      EPS in Rs 7.58 5.77 2.36 1.12 1.49 3.65 37.96 10.28 22.02 16.04 12.53
      Dividend Payout % 7% 9% 0% 0% 0% 7% 1% 2% 1% 2%
      Compounded Sales Growth
      10 Years: %
      5 Years: 20%
      3 Years: -21%
      TTM: -1%
      Compounded Profit Growth
      10 Years: %
      5 Years: 61%
      3 Years: -25%
      TTM: -22%
      Stock Price CAGR
      10 Years: 18%
      5 Years: 44%
      3 Years: 30%
      1 Year: 9%
      Return on Equity
      10 Years: %
      5 Years: 11%
      3 Years: 7%
      Last Year: 8%

      Balance Sheet

      Consolidated Figures in Rs. Crores / View Standalone

      Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
      Equity Capital 10 10 10 10 10 10 10 10 10 10 10
      Reserves 94 99 101 102 94 95 137 151 170 194 215
      61 198 138 91 91 88 640 92 181 202 235
      4 4 5 8 12 8 27 15 24 36 26
      Total Liabilities 168 311 254 211 207 201 814 268 384 442 486
      0 0 0 17 15 15 15 15 116 115 115
      CWIP 0 0 0 0 0 0 0 0 0 0 0
      Investments 95 102 98 75 73 73 65 74 72 131 161
      73 209 156 119 119 113 735 179 196 196 210
      Total Assets 168 311 254 211 207 201 814 268 384 442 486

      Cash Flows

      Consolidated Figures in Rs. Crores / View Standalone

      Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
      51 9 -7 -7 5 16 -50 -5 86 36
      -51 -6 5 6 -4 -12 47 -5 -50 -58
      -0 -1 0 0 0 0 2 6 -35 24
      Net Cash Flow -0 2 -2 -0 0 5 -1 -4 0 2

      Ratios

      Consolidated Figures in Rs. Crores / View Standalone

      Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
      Debtor Days 0 0 0 0 0 0 0 0 0 0
      Inventory Days
      Days Payable
      Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0
      Working Capital Days 1,314 3,386 2,500 2,135 -167 -19 16 -125 -221 -274
      ROCE % 8% 6% 6% 5% 6% 14% 5% 7% 8%

      Shareholding Pattern

      Numbers in percentages

      3 Recently
      Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
      71.05% 71.37% 71.52% 71.52% 71.52% 71.52% 71.68% 72.55% 72.76% 72.76% 72.76% 72.76%
      0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00%
      0.17% 0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
      28.78% 28.45% 28.48% 28.47% 28.47% 28.47% 28.32% 27.44% 27.23% 27.23% 27.23% 27.23%
      No. of Shareholders 1,0701,3781,1771,0241,0261,0611,1331,9661,9041,9651,7721,723

      * 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.

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