Starteck Finance Ltd - Stock Valuation and Financial Performance

BSE: 512381 | NSE: STARTECK | Finance - NBFC | Small Cap

Starteck Finance Share Price

293 12.65 4.51%
as on 25-Apr'24 16:01

DeciZen - make an informed investing decision on Starteck Finance

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Starteck Finance stock performance -

mw4me loader
P/E Ratio (SA):
27.24
Market Cap:
290.4 Cr.
52-wk low:
109
52-wk high:
419.9

Is Starteck Finance Ltd an attractive stock to invest in?

1. Is Starteck Finance Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Starteck Finance Ltd is a below average quality company.

2. Is Starteck Finance Ltd undervalued or overvalued?

The key valuation ratios of Starteck Finance Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Starteck Finance Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Starteck Finance Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Starteck Finance:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Starteck Finance Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)19.514.921.520.61815.22812.215.926.227
YoY Gr. Rt. %--23.6%43.8%-4.1%-12.9%-15.5%84.3%-56.6%30.8%64.6%-
Adj EPS (₹ ) 2.37.65.82.41.21.83.935.79.59.910.8
YoY Gr. Rt. %-231%-23.8%-58.1%-51.2%51.7%119%810.7%-73.5%5.1%-
BVPS (₹ )97.1104.5109.7112.1113.3107.5108.6148.4162.6169.2175.9
YoY Gr. Rt. %-7.6%5%2.2%1.1%-5.1%1%36.6%9.6%4.1%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)14.32.20.80.50.81.917.64.13.50

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income3.3%7.8%-2.2%64.6%
Adj EPS17.7%53.1%36.3%5.1%
BVPS6.4%8.4%15.9%4.1%
Share Price 33.2% 63.5% 54.5% 161.6%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)11.650.326.711.66.511.713.9291.258.937.638.9
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)3.77.55.42.21.11.63.627.86.166.1

Recent Performance Summary

Net Profit has increased 36.32 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 6.20%

Total Income has declined 16.31 CAGR in last 3 years

Latest Financials - Starteck Finance Ltd.

Standalone Consolidated
TTM EPS (₹) 10.8 27.7
TTM Sales (₹ Cr.) 27.4 33.5
BVPS (₹.) 175.9 192.6
Reserves (₹ Cr.) 164 181
P/BV 1.67 1.52
PE 27.24 10.57
From the Market
52 Week Low / High (₹) 108.95 / 419.90
All Time Low / High (₹) 2.10 / 419.90
Market Cap (₹ Cr.) 290
Equity (₹ Cr.) 9.9
Face Value (₹) 10
Industry PE 31.9

Management X-Ray of Starteck Finance:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Starteck Finance

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income20192222191532471626
Interest Income20152121181528121626
Other Income 04011043510
Expenditure 169151917132811614
Interest Expense 14712151398539
Operating Expenses 1121115223
Provisions 11233415312
Exceptional Items 0000000000
Profit Before Tax 41063224361112
Taxes 1210000112
Profit After Tax 286212435910
Adjusted EPS (₹)2.37.65.82.41.21.83.935.79.59.9
Dividend Payout Ratio (%)44%7%9%0%0%0%6%1%3%3%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital96104109111112107108147161168
Share Capital 10101010101010101010
Reserves 8694991011029798137151158
Minority Interest0000000000
Long Term Borrowings336463583131002
Current Liabilities 81661701116871655295132
Trade Payables0010000001
Short term borrowings79611631056060575092121
Other Liabilities-79-61-164-105-60-60-57-51-93-122
Total Liabilities 180173342285239209204199256302

Assets

Non Current Asset 24239392663851242325
Loan Asset 0000000000
Other Non Current Asset 24239392663851242325
Current Asset 156149250193173171152175233277
Current Investment22763838383737525249
Other Current Asset13474212155135133115122181228
Total Assets 180173342285239209204199256302

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -39517-5-24516-50-52
Cash Flow From Investing Activity -31-51-5324-4-12477-2
Cash Flow From Financing Activity 690-100000-40
Net Cash Flow 002-2005-3-20
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)286212436910
DPS (₹)1110000000
BVPS (₹)97104110112113108109148163169

Performance Ratios

ROA (%)1.04.32.20.80.50.81.917.64.13.5
ROE (%)3.77.55.42.21.11.63.627.86.16.0
ROCE (%)7.69.87.76.56.45.46.321.26.27.9

Valuation Parameters

Price/Book(x)0.00.50.50.30.00.20.50.50.70.7

Starteck Finance Ltd Stock News

Starteck Finance Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Starteck Finance on 25-Apr-2024 16:01 is ₹293.0.
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 25-Apr-2024 16:01 the market cap of Starteck Finance stood at ₹290.4.
The latest P/E ratio of Starteck Finance as of 25-Apr-2024 16:01 is 27.24.
The latest P/B ratio of Starteck Finance as of 25-Apr-2024 16:01 is 1.67.
The 52-week high of Starteck Finance is ₹419.9 and the 52-week low is ₹109.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Starteck Finance is ₹27.43 ( Cr.) .

About Starteck Finance Ltd

Nivedita Mercantile and Financing was incorporated in 1985 and is based in Nagpur, India. As of August 20, 2009, it operates as a subsidiary of Eskay Infrastructure Development.

The registered office of the company is situated at Imambada Road, Nagpur, Maharashtra- 440018.

Business area of the company

The company is engaged in the finance and related activities in India.

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