---
title: "Starlite Components Ltd (517548) — Share Price, Financials & Analysis"
symbol: "517548"
company: "Starlite Components Ltd"
canonical: "https://tapetide.com/stocks/517548"
isin: "INE035C01022"
bse_code: "517548"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T11:00:05.355Z"
---

# Starlite Components Ltd (517548)

Canonical page: https://tapetide.com/stocks/517548

## Company

- **BSE Code:** 517548
- **ISIN:** INE035C01022
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2012-02-09
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** starlitecomponents.com

## About

Incorporated in 1991, Starlite Components Ltd manufactures and sells Electronic Ballast and 
LED Products.

## Latest Price

- **Price:** ₹3.64
- **Change:** +0.17 (+4.9%)
- **Open:** ₹3.64
- **Day High:** ₹3.64
- **Day Low:** ₹3.64
- **Previous Close:** ₹3.47
- **Volume:** 36739
- **As Of:** 2024-09-10T03:04:42+00:00

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.11% over past five years.
- Working capital days have increased from 85.9 days to 161 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 81% | 22% | 14% |
| revenue growth | -68% | -5% | 0% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.56 | 1.45 | 1.54 | 1.57 | 0.7 | 1.44 | 1.05 | 0.64 | 0.69 | 0.58 | -0.06 | 0 |
| Expenses | 0.56 | 0.63 | 0.77 | 0.67 | 1.61 | 1.41 | 1.1 | 0.67 | 0.68 | -0.02 | 0.65 | 0.1 |
| Operating Profit | 0 | 0.82 | 0.77 | 0.9 | -0.91 | 0.03 | -0.05 | -0.03 | 0.01 | 0.6 | -0.71 | -0.1 |
| OPM % | 0 | 56.55 | 50 | 57.32 | -130 | 2.08 | -4.76 | -4.69 | 1.45 | 103.45 | — | — |
| Other Income | 0 | 0 | 10.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.13 | 0.13 | -0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| Profit before tax | -0.13 | 0.69 | 10.89 | 0.89 | -0.92 | 0.02 | -0.06 | -0.04 | 0 | 0.59 | -0.65 | -0.1 |
| Tax % | -15.38 | -2.9 | 0.37 | 0 | 0 | 0 | 0 | 0 | — | 0 | -1.54 | 0 |
| Net Profit | -0.12 | 0.71 | 10.85 | 0.9 | -0.91 | 0.02 | -0.06 | -0.03 | 0.01 | 0.59 | -0.63 | -0.1 |
| EPS in Rs | -0.07 | 0.42 | 6.35 | 0.53 | -0.53 | 0.01 | -0.04 | -0.02 | 0.01 | 0.35 | -0.37 | -0.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 76.97 | 62.14 | 14.63 | 1.85 | 2.05 | 2.14 | 3.13 | 4.75 | 1.86 | 1.21 |
| Expenses | 74.98 | 60.29 | 37.56 | 2.7 | 2.34 | 2.34 | 2.49 | 4.78 | 1.98 | 1.41 |
| Operating Profit | 1.99 | 1.85 | -22.93 | -0.85 | -0.29 | -0.2 | 0.64 | -0.03 | -0.12 | -0.2 |
| OPM % | 2.59 | 2.98 | -156.73 | -45.95 | -14.15 | -9.35 | 20.45 | -0.63 | -6.45 | -16.53 |
| Other Income | 0.48 | 0.14 | 8.37 | 0.17 | 0.02 | 0.02 | 10.12 | 0.01 | 0.08 | 0.07 |
| Interest | 0.33 | 0.25 | 0.23 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0 |
| Depreciation | 0.63 | 0.68 | 0.62 | 0.55 | 0.55 | 0.55 | 0.4 | 0.02 | 0.02 | 0.03 |
| Profit before tax | 1.51 | 1.06 | -15.41 | -1.23 | -0.82 | -0.73 | 10.36 | -0.05 | -0.07 | -0.16 |
| Tax % | 33.11 | 5.66 | -0.06 | -2.44 | -4.88 | -10.96 | 0 | 20 | -14.29 | — |
| Net Profit | 1.01 | 1 | -15.4 | -1.21 | -0.78 | -0.65 | 10.36 | -0.06 | -0.07 | -0.13 |
| EPS in Rs | 0.59 | 0.58 | -9.01 | -0.71 | -0.46 | -0.38 | 6.06 | -0.04 | -0.04 | -0.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 |
| Reserves | -11.83 | -10.82 | -9.82 | -25.21 | -26.42 | -27.2 | -27.85 | -17.49 | -17.54 | -17.61 |
| Borrowings | 4.88 | 1.43 | 1.94 | 4.9 | 4.76 | 4.76 | 4.76 | 1.6 | 1.6 | 1.6 |
| Other Liabilities | 49.91 | 96.54 | 40.68 | 15.36 | 16.23 | 16.36 | 15 | 1.1 | 1.47 | 0.88 |
| Total Liabilities | 60.06 | 104.25 | 49.9 | 12.15 | 11.67 | 11.02 | 9.01 | 2.31 | 2.63 | 1.97 |
| Fixed Assets | 4.07 | 6.2 | 5.53 | 4.54 | 3.99 | 3.45 | 2.9 | 0.35 | 0.33 | 0 |
| CWIP | 1.72 | 1.72 | 1.72 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.92 | 0.92 | 0.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 53.35 | 95.41 | 41.73 | 7.61 | 7.68 | 7.57 | 6.11 | 1.96 | 2.3 | 1.97 |
| Total Assets | 60.06 | 104.25 | 49.9 | 12.15 | 11.67 | 11.02 | 9.01 | 2.31 | 2.63 | 1.97 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | 5.55 | -3.71 | -3.06 | 0.12 | -0.02 | 0.2 | -0.2 | -0.03 | -0.32 |
| Cash from Investing Activity | -0.68 | -2.75 | 0 | 0.27 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.32 |
| Cash from Financing Activity | -0.29 | -2.82 | 3.76 | 2.73 | -0.14 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0.03 | -0.02 | 0.05 | -0.06 | 0 | 0 | 0.21 | -0.19 | -0.01 | 0 |
| Free Cash Flow | 0.31 | 2.79 | -3.72 | -2.84 | 0.12 | -0.02 | 0.2 | -0.2 | -0.03 | -0.01 |
| CFO/OP | 32 | 279 | -201 | 13 | -14 | 7 | -100 | -31 | 100 | 267 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 124.14 | 261.95 | 101.09 | 30.19 | 392.62 | 341.85 | 39.23 | 36.15 | 39.96 | 49.06 |
| Inventory Days | 205.73 | 137.43 | 85.41 | 12.42 | 317.9 | 709.72 | 243.33 | — | — | — |
| Days Payable | 134.49 | 266.84 | 63.59 | 16.74 | 1460 | 5414.17 | 1838.52 | — | — | — |
| Cash Conversion Cycle | 195.39 | 132.54 | 122.91 | 25.87 | -749.48 | -4362.59 | -1555.96 | 36.15 | 39.96 | 49.06 |
| Working Capital Days | 219.2 | 100.39 | 113.19 | 31.93 | 110.49 | 32.05 | -51.17 | 74.63 | 22.28 | 160.91 |
| ROCE % | 36.05 | 20.6 | 15.48 | -472.88 | — | — | — | — | -3.38 | -10.67 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 70% | 70% |
| Public | 48.33% | 48.33% | 48.33% | 48.33% | 48.33% | 48.33% | 48.32% | 48.33% | 48.33% | 30% | 30% |
| No. of Shareholders | 18629 | 19462 | 18950 | 18631 | 18631 | 18819 | 19030 | 19108 | 19292 | 2 | 2 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 51.67% | 70% | 70% | 70% | 70% |
| Public | 48.31% | 48.32% | 48.33% | 48.33% | 48.32% | 48.33% | 48.33% | 48.33% | 30% | 30% | 30% | 30% |
| No. of Shareholders | 19044 | 19031 | 19108 | 19292 | 19348 | 19293 | 19292 | 19295 | 2 | 2 | 2 | 2 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 142.27 | Sell |
| EMA (10) | 141.05 | Sell |
| SMA (20) | 153.73 | Sell |
| EMA (20) | 149.88 | Sell |
| SMA (50) | 169.09 | Sell |
| EMA (50) | 165.69 | Sell |
| SMA (100) | 185.52 | Sell |
| EMA (100) | 176.56 | Sell |
| SMA (200) | 188.59 | Sell |
| EMA (200) | 183.26 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.35 | Neutral |
| MACD (12,26,9) | -10.77 | Sell |
| Stochastic (14,3,3) | 11.66 | Buy |
| ADX (14) | 20.36 | Neutral |
| Williams %R (14) | -75.44 | Neutral |
| ATR (14) | 8.17 | High Volatility |
| ROC (12) | -16.18 | Sell |
| Stoch RSI (14) | 44.84 | Neutral |
| UO (7,14,28) | 34.45 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5ab4f2b-026f-474e-99bc-a498d058db2e.pdf) |
| 2026-04-06 | [Disclosure Under Regulation 31(4) Of The SEBI (Substantial Acquisition Of Share And Takeovers) Regulation, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e58a9727-e3dc-45a6-983d-b44343271ae6.pdf) |
| 2026-03-27 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c70617d4-61b9-4b66-8513-3e16ba40ea29.pdf) |
| 2026-02-13 | [Board Meeting Outcome for Meeting Held On Friday, February 13, 2026 Along With Un-Audited Financial Results For The Quarter Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5528420b-e5e2-4149-b181-0b80c095103b.pdf) |
| 2026-02-13 | [Results For The Quarter Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc80ae0d-83a7-43d6-91e7-eaed16e70bb8.pdf) |
| 2026-02-09 | [Board Meeting Intimation for Meeting To Be Held On Friday, February 13, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9cd6a3b3-adc7-48fa-ac41-5c77495e71ba.pdf) |
| 2026-01-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee54e939-1a8a-4e56-a343-d9a1e0dd01c1.pdf) |
| 2025-12-27 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a91aa31-1778-4f50-9c71-3c77e79ce1e5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b01c5d33-aaf7-4daa-a6f5-811182e31df4.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a8c674b-1c1b-4ade-a952-3dc32febdc52.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/540621/75793540621.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/517548/75750517548.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/540621/69901540621.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/517548/71965517548.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/540621/65370540621.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/517548/68303517548.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/540621/5406210319.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/517548/5175480319.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-10-12 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Order Passed By The HonBle National Company Law Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b751bf6-5f1e-480e-b84f-291bf5d824f4.pdf) |
| 2026-10-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f06054b-376e-4199-b7ea-49798ffc03cc.pdf) |
| 2026-09-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91467146-18cd-4613-a32e-b6bee9a7e4af.pdf) |
| 2026-09-28 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca661710-cf8a-4bd6-9dd3-7c9efc8511ae.pdf) |
| 2026-09-11 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b004871-2bae-458b-a6c3-d823f7d7c590.pdf) |
| 2026-09-09 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab85c9ec-edb1-40d8-9558-e44a9df6f171.pdf) |
| 2026-09-09 | [Notice Of AGM 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50b90743-9ed7-4001-b693-b05da02d7acc.pdf) |
| 2026-09-09 | [Annual Report 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dc6d5a6-32d6-4568-a882-a369873e69b9.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fadf842b-9ee7-463b-aed9-63839a5e4722.pdf) |
| 2026-08-13 | [Board Meeting Outcome for For Meeting Held On Thursday August 13 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6528684-24f1-42d5-86b6-9fd777912985.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:05.355Z.