Is Starlite Components a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Starlite Components Ltd is a average quality company .

Is Starlite Components undervalued or overvalued?

The key valuation ratios of Starlite Components Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Starlite Components share price return in the past 10 years?

Starlite Components Ltd share price has appreciated 2.3% annually (CAGR) over the past ten years.

Is Starlite Components a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Starlite Components Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Starlite Components Ltd - Stock Valuation and Financial Performance

Name: Starlite Components
Brand: Starlite Components

BSE: 517548 | NSE: | Electric Equipment | Small Cap

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Starlite Components Share Price

₹3.64 0.00 0.00%
as on 06-Sep'24 16:01

DeciZen - make an informed investing decision on Starlite Components

Based on:

Data

M-Cap below 100cr DeciZen not available

Starlite Components stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.50

Market Cap:

6.2 Cr.

52-wk low:

2.1

52-wk high:

3.6

Is Starlite Components Ltd an attractive stock to invest in?

10 Year X-Ray of Starlite Components: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	147.7%	36.1%	36.1%	20.6%	15.4%	-505.3%	0%	0%	0%	0%	-
Value Creation Index ⓘ	9.6	1.6	1.6	0.5	0.1	NA	NA	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	27.1	42.8	57.5	77	62.1	14.8	1.9	2.1	2.1	3.1	5
Sales YoY Gr.	-	58.2%	34.2%	33.9%	-19.3%	-76.3%	-87.5%	10.8%	4.4%	46.3%	-
Adj EPS ⓘ	0.4	1.1	1.1	0.6	1.1	-8.6	-0.7	-0.5	-0.4	1.9	7.2
YoY Gr.	-	208.1%	-7.9%	-42.9%	86.7%	-871.4%	NA	NA	NA	NA	-
BVPS (₹) ⓘ	-6.7	1.9	3.1	3.7	4.3	-4.7	-5.5	-5.9	-6.3	-0.2	0.8
Adj Net Profit ⓘ	0.3	1.9	1.8	1	1.9	-14.8	-1.2	-0.8	-0.7	3.3	12
Cash Flow from Ops. ⓘ	-1.5	-2.3	1	5.6	-3.7	-3.1	0.1	0	0.2	-0.2	-
Debt/CF from Ops. ⓘ	-5.3	-2.2	4.9	0.3	-0.5	-1.6	38.5	-233.4	24.2	-7.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-21.3%	-45%	19.2%	46.3%
Adj EPS ⓘ	20.1%	11.4%	NA	NA
BVPSⓘ	NA	-155.8%	NA	NA
Share Price	2.3%	9.2%	7.4%	23.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-4.9	-381.8	42.2	17.6	28.2	3563.2	13.9	8	6.2	-59	2444.1
Op. Profit Mgn % ⓘ	5	8.6	5.5	2.6	5.1	-155.4	-45.7	-14.3	-9	20.5	15.1
Net Profit Mgn % ⓘ	1.2	4.5	3.1	1.3	3.1	-100.2	-65.3	-38	-30.1	104.8	240.8
Debt to Equity ⓘ	-1.3	1.5	0.9	0.2	0.3	-0.6	-0.5	-0.5	-0.4	-4.1	-
Working Cap Days ⓘ	393	304	290	350	402	605	1,469	1,323	1,104	426	123
Cash Conv. Cycle ⓘ	146	179	162	135	111	338	205	77	-39	-67	63

Recent Performance Summary

Latest Financials - Starlite Components Ltd.

	Standalone	Consolidated
TTM EPS (₹)	7.2	0.1
TTM Sales (₹ Cr.)	5.1	7.9
BVPS (₹.) ⓘ	0.8	0
Reserves (₹ Cr.) ⓘ	-16	4
P/BV ⓘ	4.42	0.00
PE ⓘ	0.50	38.41

From the Market
52 Week Low / High (₹)	2.08 / 3.64
All Time Low / High (₹)	0.44 / 70.00
Market Cap (₹ Cr.)	6.2
Equity (₹ Cr.)	17.1
Face Value (₹)	10
Industry PE ⓘ	70.7

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'18	YoY Gr. Rt. %	Jun'18	YoY Gr. Rt. %	Sep'18	YoY Gr. Rt. %	Dec'18	YoY Gr. Rt. %
Operating Income	0.3	45.5	0.3	0	0.2	-29.4	0.2	-38.9
Adj EPS (₹)	-0.01	N/A	0.00	N/A	0.00	N/A	0.00	N/A
Net Profit Mgn %	-4.94	-308 bps	1.51	-121 bps	-1.63	-371 bps	-1.81	-264 bps

Management X-Ray of Starlite Components:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

22.64

* Pledged shares as % of Promoter's holding (%)

Valuation of Starlite Components

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Starlite Components

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Waaree Energies	2,250.6	-5 (-0.2%)	Small Cap	10,718	40	8	56.4	6.7
V-Guard Inds.	343.6	-6.6 (-1.9%)	Small Cap	4,559	6	5.1	58.4	8
Transrail Lighting	507.6	1.4 (0.3%)	Small Cap	4,077	17.5	5.7	29	3
Schneider Ele. Infra	641.6	-1 (-0.2%)	Small Cap	2,207	9.1	7.9	70.9	30.1
Bharat Bijlee	2,667.1	24.4 (0.9%)	Small Cap	1,872	116.7	6.9	22.7	1.3
Inox Wind	171.5	2.8 (1.7%)	Small Cap	1,743	2.4	-2.7	71.4	7.9
Voltamp Transformers	6,920	-11.4 (-0.2%)	Small Cap	1,616	318.4	18.5	21.8	4.7
HPL Electric	413	1.9 (0.5%)	Small Cap	1,421	10.5	2.9	39.3	3
Transformers & Rect	444.8	-1.9 (-0.4%)	Small Cap	1,273	4.9	3.3	91.4	11.7
Cyient DLM	410.7	-1.8 (-0.4%)	Small Cap	1,192	8.1	5.3	50.7	3.4

Shows rows:

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	27.08	42.83	57.48	76.97	62.14	14.76	1.85	2.05	2.14	3.13
Operating Expenses ⓘ	25.72	40.28	54.34	74.98	60.28	38.66	2.70	2.34	2.33	2.49
Manufacturing Costs	3.15	6.09	3.53	1.47	1.13	1.44	1.75	1.95	2.03	2.15
Material Costs	18.93	28.34	47.45	70.17	54.36	33.81	0.62	0.18	0.17	0.14
Employee Cost	1.67	2.17	1.85	2.04	1.97	1.39	0.05	0	0	0
Other Costs ⓘ	1.97	3.68	1.51	1.30	2.83	2.03	0.28	0.21	0.13	0.20
Operating Profit ⓘ	1.36	2.55	3.14	1.99	1.85	-23.90	-0.85	-0.29	-0.19	0.64
Operating Profit Margin (%)	5.0%	6.0%	5.5%	2.6%	3.0%	-162.0%	-45.7%	-14.3%	-9.0%	20.5%
Other Income ⓘ	0.17	0.08	0.70	0.48	0.14	9.34	0.17	0.02	0.02	0.01
Interest ⓘ	1.10	0.34	0.30	0.33	0.25	0.23	0	0	0	0
Depreciation ⓘ	0.38	0.48	0.53	0.63	0.68	0.62	0.55	0.55	0.55	0.40
Exceptional Items ⓘ	0.83	0	0	0	0	0	0	0	0	10.11
Profit Before Tax ⓘ	0.88	1.82	3.01	1.51	1.06	-15.41	-1.24	-0.82	-0.72	10.36
Tax ⓘ	-0.14	0.63	0.98	0.50	0.06	-0.01	-0.03	-0.04	-0.08	0
Profit After Tax	1.02	1.19	2.03	1.01	1	-15.40	-1.21	-0.78	-0.65	10.36
PAT Margin (%)	3.8%	2.8%	3.5%	1.3%	1.6%	-104.0%	-65.3%	-38.0%	-30.1%	330.6%
Adjusted EPS (₹)	1.1	0.7	1.2	0.6	0.6	-9.0	-0.7	-0.5	-0.4	6.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	-6.05	3.24	5.27	6.28	7.28	-8.11	-9.32	-10.10	-10.75	-0.39
Share Capital ⓘ	9	17.10	17.10	17.10	17.10	17.10	17.10	17.10	17.10	17.10
Reserves ⓘ	-15.05	-13.86	-11.83	-10.82	-9.82	-25.21	-26.42	-27.20	-27.85	-17.49
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	7.93	4.73	4.71	1.43	1.94	4.90	4.76	4.76	4.76	1.60
Long Term Debt	7.93	4.73	4.71	1.43	1.94	4.90	4.76	4.76	4.76	1.60
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	4.67	8.30	17.31	51.30	9.47	1.55	2.48	2.67	1.36	0.27
Others Liabilities ⓘ	34.87	33	32.77	45.24	31.21	13.80	13.76	13.69	13.63	0.83
Total Liabilities ⓘ	41.41	49.26	60.06	104.25	49.90	12.14	11.67	11.02	9.01	2.31
Fixed Assets
Gross Block	5.45	5.91	6.58	9.34	9.36	8.27	8.20	8.20	8.20	0.36
Accumulated Depreciation	1.48	1.98	2.51	3.15	3.83	3.73	4.21	4.75	5.30	0.01
Net Fixed Assetsⓘ	3.97	3.92	4.07	6.20	5.53	4.54	3.99	3.45	2.90	0.35
CWIP ⓘ	1.46	1.70	1.72	1.72	1.72	0	0	0	0	0
Investmentsⓘ	0.97	0.92	0.92	0.92	0.92	0	0	0	0	0
Inventories	15.66	18.60	26.48	26.42	12.72	1.15	0.54	0.35	0.18	0.04
Trade Receivables	11.89	15.64	19.55	55.24	17.21	1.21	1.99	1.92	0.23	0.31
Cash Equivalents	0.10	0.05	0.22	0.17	0.23	0.18	0.19	0.24	0.49	0.26
Others Assetsⓘ	7.36	8.43	7.10	13.58	11.58	5.06	4.96	5.07	5.20	1.34
Total Assets ⓘ	41.41	49.26	60.06	104.25	49.90	12.14	11.67	11.02	9.01	2.31

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-1.53	-2.28	1	5.55	-3.71	-3.06	0.12	-0.02	0.20	-0.20
PBT ⓘ	0.88	1.82	3.01	1.51	1.06	-15.41	-1.24	-0.82	-0.72	10.36
Adjustment ⓘ	-0.38	0.73	0.80	0.95	0.87	3.59	0.57	0.57	0.61	-9.80
Changes in Working Capital ⓘ	-2.85	-4.83	-2.8	3.1	-5.64	8.76	0.79	0.23	0.31	-0.76
Tax Paid ⓘ	0	0	0	-0.01	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	-2.02	-0.55	-0.68	-2.75	0	0.27	0.01	0.02	0.02	0.01
Capex	-1.31	-0.60	-0.69	-2.76	-0.01	0.22	0	0	0	0
Net Investments	-0.71	0.05	0.02	0	0	0.05	0	0	0	0
Others ⓘ	0	0	-0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.01
Cash Flow From Financing Activityⓘ	3.62	2.78	-0.29	-2.82	3.76	2.73	-0.14	0	0	0
Net Proceeds from Shares ⓘ	4	6.30	0	0.90	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-0.16	-3.20	-0.01	0	0.51	2.96	-0.14	0	0	0
Interest Paid ⓘ	-0.22	-0.32	-0.28	-0.33	-0.25	-0.23	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	-3.39	3.50	0	0	0	0	0
Net Cash Flow ⓘ	0.07	-0.05	0.03	-0.02	0.05	-0.06	0	0	0.21	-0.19

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	N/A	0	47.76	17.49	14.75	N/A	N/A	N/A	N/A	N/A
ROCE (%)	N/A	36.05	36.14	20.64	15.44	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	0.79	1.03	1.1	0.94	0.81	0.48	0.16	0.18	0.21	0.55
PAT to CFO Conversion(x)	-1.5	-1.92	0.49	5.5	-3.71	N/A	N/A	N/A	N/A	-0.02
Working Capital Days
Receivable Days	146	108	107	176	213	228	315	349	183	32
Inventory Days	159	134	137	125	115	172	166	79	45	13
Payable Days	232	84	99	178	204	59	1,187	5,089	4,341	2,106

Starlite Components Ltd Stock News

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Starlite Components Ltd FAQs

What is the share price of Starlite Components?

Company share prices are keep on changing according to the market conditions. The closing price of Starlite Components on 06-Sep-2024 16:01 is ₹3.64.

What is the market cap of Starlite Components?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Sep-2024 16:01 the market cap of Starlite Components stood at ₹6.22.

What is the P/E ratio of Starlite Components?

The latest P/E ratio of Starlite Components as of 06-Sep-2024 16:01 is 0.50.

What is the P/B ratio of Starlite Components?

The latest P/B ratio of Starlite Components as of 06-Sep-2024 16:01 is 4.42.

What is the 52-week high and low of Starlite Components?

The 52-week high of Starlite Components is ₹3.64 and the 52-week low is ₹2.08.

What is the TTM revenue of Starlite Components?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Starlite Components is ₹5.12 ( Cr.) .

About Starlite Components Ltd

Starlite Components is a company incorporated in the state of Maharashtra on November 13, 1991. It received the certificate for commencement of business on March 18, 1992. The company proposes to manufacture 150 million pieces of GLS/FTL Filaments, 12 million pieces of Speciality Filaments and 90 million pieces of GLS/FTL Caps bases.

The Starlite Group has been the source for lighting components to most of the lighting majors. The newest venture Starlite Lighting Limited (SLL) has a current outlay of $5 million. The main plant of SLL in Nashik has the location advantage of being just 182 km away from Mumbai -- the commercial capital of India and one of the biggest ports. Starlite Lighting Limited and other associate group companies are capable to cater to the needs of major inputs. Apart from a well-developed domestic market, the company has targeted global presence in the US, Europe & Middle East.

The company has taken over current assets and running business from Filaments and Filaments with effect from April 1, 1992 vide Memorandum of Understanding dated September 24, 1992 entered into with Filaments and Filaments. The company has also vide rental agreement dated May 25, 1993 entered with Starlite Lamp Components Private Limited has taken on rent land and building and plant and machineries and has agreed to takeover all these assets by amalgamating the Starlite Lamp Components Private Limited with the company, in due course of time. On completion of amalgamation formalities with the respective high courts takeover process shall be completed. The cost of acquisition has been considered in the total cost of the project. The unit taken over by the company had not faced any labour problems/ litigation/ defaults etc. There was no closure of business due to any labour problem etc. in the unit taken over by the company.