---
title: "Starlit Power Systems Ltd(Merged) (1089808) — Share Price, Financials & Analysis"
symbol: "1089808"
company: "Starlit Power Systems Ltd(Merged)"
canonical: "https://tapetide.com/stocks/1089808"
sector: "Consumer Discretionary"
industry: "Auto Components"
generated_at: "2026-09-13T18:37:40.092Z"
---

# Starlit Power Systems Ltd(Merged) (1089808)

Canonical page: https://tapetide.com/stocks/1089808

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** DELISTED
- **Listed Since:** 2014-10-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** starlitpower.com

## About

Incorporated in 2008, Starlit Power Systems Ltd manufactures batteries for power storage

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.00 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 20.6%
- Company has a low return on equity of -0.80% over last 3 years.
- Company has high debtors of 3,837 days.
- Promoter holding has decreased over last 3 years: -8.73%

## Growth Rates

| Metric | 1Y |
| --- | --- |
| revenue growth | 878% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2019 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Expenses | 4 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 13 | 6 | 14 |
| Operating Profit | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13 | -5 | -11 |
| OPM % | -24 | — | — | — | -108 | — | — | — | — | — | -1181 | -335 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2 | -1 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | -13 | -5 | -11 |
| Tax % | -95 | 0 | 0 | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0 | -1 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | -13 | -5 | -11 |
| EPS in Rs | -0.08 | -0.87 | 0.08 | -1.26 | -0.4 | -0.04 | -0.11 | -0.12 | -0.04 | -13.26 | -5.14 | -10.57 |

### Profit & Loss

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 43 | 33 | 26 | 8 | 7 | 13 | 0 | 0 | 0 | 4 |
| Expenses | 40 | 36 | 29 | 10 | 9 | 16 | 0 | 1 | 19 | 33 |
| Operating Profit | 3 | -3 | -4 | -2 | -2 | -3 | 0 | -1 | -19 | -29 |
| OPM % | 6 | -9 | -14 | -29 | -25 | -23 | — | -162 | -4319 | -808 |
| Other Income | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 0 | -4 | -7 | -6 | -4 | -5 | -4 | -1 | -19 | -29 |
| Tax % | 83 | -17 | -41 | -32 | 50 | -21 | 0 | 0 | 0 | — |
| Net Profit | 0 | -4 | -4 | -4 | -6 | -4 | -4 | -1 | -19 | -29 |
| EPS in Rs | 0.07 | -4.71 | -4.35 | -3.84 | -6.01 | -3.99 | -3.76 | -0.62 | -18.55 | -29.01 |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 6 | 8 | 10 | 10 | 10 | 10 | 20 | 20 |
| Reserves | 3 | 0 | -1 | -7 | -13 | -17 | 955 | 964 | 945 |
| Borrowings | 14 | 21 | 23 | 25 | 31 | 32 | 0 | 1 | 0 |
| Other Liabilities | 8 | 8 | 8 | 8 | 6 | 9 | 0 | 0 | 0 |
| Total Liabilities | 30 | 36 | 38 | 36 | 34 | 35 | 965 | 985 | 966 |
| Fixed Assets | 7 | 19 | 17 | 16 | 14 | 13 | 0 | 8 | 9 |
| CWIP | 5 | 0 | 5 | 6 | 6 | 6 | 0 | 9 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 956 | 952 | 931 |
| Other Assets | 18 | 17 | 16 | 14 | 14 | 16 | 9 | 16 | 13 |
| Total Assets | 30 | 36 | 38 | 36 | 34 | 35 | 965 | 985 | 966 |

### Cash Flow

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | 0 | 2 | -4 | 1 | — | -7 | -16 |
| Cash from Investing Activity | — | — | -4 | -2 | 0 | 0 | — | -13 | 17 |
| Cash from Financing Activity | — | — | 4 | 0 | 4 | -1 | — | 21 | -1 |
| Net Cash Flow | — | — | 0 | 0 | 0 | 0 | — | 0 | 0 |
| Free Cash Flow | — | — | -4 | 0 | -4 | 1 | — | -24 | -21 |
| CFO/OP | — | — | -1 | -97 | 211 | -35 | — | 1009 | 88 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 67 | 45 | 66 | 200 | 290 | 161 | — | 4041 | 3837 |
| Inventory Days | 38 | 108 | 84 | 123 | 219 | 117 | — | 7777 | 571 |
| Days Payable | 52 | 86 | 107 | 377 | 325 | 249 | — | 56 | 6 |
| Cash Conversion Cycle | 53 | 66 | 43 | -53 | 184 | 29 | — | 11762 | 4401 |
| Working Capital Days | 87 | 79 | -128 | -709 | 73 | -30 | — | 10759 | 9354 |
| ROCE % | — | -12 | -16 | -11 | -6 | -10 | — | 0 | -2 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2024 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 29.63% | 30.03% | 29.07% | 29.12% | 29.32% | 29.37% | 29.37% | 29.37% | 0.4% | 20.64% |
| DIIs | 0.3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 70.07% | 69.97% | 70.93% | 70.88% | 70.68% | 70.63% | 70.63% | 70.64% | 99.6% | 79.37% |
| No. of Shareholders | 119 | 253 | 317 | 326 | 714 | 2246 | 2650 | 3373 | 5766 | 5795 |

### Quarterly

| Category | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 29.37% | 29.37% | 29.37% | 29.37% | 29.37% | 29.37% | 28.08% | 15.65% | 0.4% | 20.64% | 20.64% | 20.64% |
| Public | 70.63% | 70.63% | 70.63% | 70.63% | 70.64% | 70.64% | 71.92% | 84.35% | 99.6% | 79.37% | 79.37% | 79.37% |
| No. of Shareholders | 2707 | 2650 | 2650 | 3217 | 3242 | 3373 | 3988 | 4972 | 5766 | 5871 | 5795 | 5795 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e2f43c3-9732-416e-892c-eb307f75e7ea.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/75933538733.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/71230538733.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/66005538733.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/5387330319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/5387330318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/5387330317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/5387330316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/538733/5387330315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2014/STARLIT_POWER_SYSTEMS_LTD-538733-MARCH-2014.PDF) |

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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 2026-09-13T18:37:40.092Z.