Price
Financials
Standalone, Rs crore| 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 | 37.01 | 35.16 | 38.28 | 34.64 | 36.83 | 32.77 | 37.63 | 30.23 | 43.61 | 52.77 | 46.44 | 37.49 |
| Expenses | 32.85 | 31.59 | 35.32 | 31.20 | 33.42 | 29.32 | 33.27 | 27.24 | 39.29 | 49.15 | 40.35 | 35.42 |
| Operating Profit | 4.16 | 3.57 | 2.96 | 3.44 | 3.41 | 3.45 | 4.36 | 2.99 | 4.32 | 3.62 | 6.09 | 2.07 |
| OPM % | 11.24% | 10.15% | 7.73% | 9.93% | 9.26% | 10.53% | 11.59% | 9.89% | 9.91% | 6.86% | 13.11% | 5.52% |
| Other Income | 0.74 | 0.49 | 0.97 | 0.36 | 0.72 | 0.21 | 0.06 | 0.60 | 0.60 | 0.52 | 0.34 | 0.20 |
| Interest | 0.55 | 0.53 | 0.15 | 0.20 | 0.24 | 0.30 | 0.21 | 0.36 | 0.41 | 0.40 | 0.34 | 0.21 |
| Depreciation | 0.20 | 0.20 | 0.11 | 0.20 | 0.20 | 0.23 | 0.15 | 0.19 | 0.19 | 0.23 | 0.12 | 0.18 |
| Profit before tax | 4.15 | 3.33 | 3.67 | 3.40 | 3.69 | 3.13 | 4.06 | 3.04 | 4.32 | 3.51 | 5.97 | 1.88 |
| Tax % | 25.06% | 26.43% | 42.23% | 25.29% | 22.22% | 31.63% | 24.63% | 25.00% | 7.87% | 41.03% | 25.96% | 25.00% |
| Net Profit | 3.11 | 2.45 | 2.12 | 2.55 | 2.87 | 2.14 | 3.06 | 2.27 | 3.97 | 2.06 | 4.42 | 1.40 |
| EPS in Rs | 10.37 | 8.17 | 7.07 | 8.50 | 9.57 | 7.13 | 10.20 | 7.57 | 13.23 | 6.87 | 14.73 | 4.67 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 61 | 58 | 108 | 65 | 18 | 31 | 71 | 140 | 142 | 173 | 180 |
| Expenses | 68 | 55 | 54 | 99 | 61 | 19 | 29 | 66 | 127 | 127 | 156 | 164 |
| Operating Profit | 5 | 5 | 4 | 9 | 5 | -0 | 2 | 5 | 13 | 15 | 17 | 16 |
| OPM % | 6% | 8% | 7% | 8% | 7% | -1.7% | 5% | 8% | 9% | 10% | 10% | 9% |
| Other Income | 2 | 2 | 1 | 1 | 2 | 4 | 5 | 4 | 4 | 1 | 1 | 2 |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 5 | 3 | 8 | 6 | 2 | 5 | 8 | 15 | 14 | 16 | 16 |
| Tax % | 34% | 36% | 33% | 26% | 22% | 27% | 30% | 25% | 26% | 26% | 26% | |
| Net Profit | 3 | 3 | 2 | 6 | 4 | 2 | 4 | 6 | 11 | 11 | 12 | 12 |
| EPS in Rs | 10.53 | 10.73 | 7.27 | 18.70 | 14.63 | 5.90 | 12.17 | 19.20 | 37.06 | 35.43 | 39.80 | 39.50 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 9% | 56% | 34% | 31% | ||
| Compounded Profit Growth | 14% | 46% | 28% | 15% | ||
| Stock Price CAGR | 15% | 39% | 9% | -21% | ||
| Return on Equity | 10% | 12% | 14% | 13% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 30 | 33 | 36 | 38 | 44 | 48 | 50 | 54 | 60 | 71 | 81 | 93 |
| Borrowings | 3 | 6 | 4 | 6 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 11 |
| Other Liabilities | 10 | 5 | 6 | 14 | 12 | 4 | 3 | 2 | 21 | 10 | 7 | 11 |
| Total Liabilities | 45 | 47 | 49 | 62 | 61 | 57 | 58 | 60 | 86 | 86 | 94 | 118 |
| Fixed Assets | 9 | 9 | 8 | 8 | 8 | 7 | 6 | 6 | 5 | 5 | 6 | 8 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 36 | 38 | 41 | 54 | 54 | 49 | 51 | 54 | 81 | 81 | 88 | 109 |
| Total Assets | 45 | 47 | 49 | 62 | 61 | 57 | 58 | 60 | 86 | 86 | 94 | 118 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 8 | -4 | 5 | -5 | 9 | -0 | -3 | 3 | -16 | -7 | 3 | -11 |
| Cash from Investing Activity | 1 | 0 | 0 | 1 | -1 | 2 | 4 | 3 | 6 | 11 | 1 | -2 |
| Cash from Financing Activity | -13 | 2 | -2 | 1 | -5 | -2 | -0 | -0 | 1 | -2 | -1 | 7 |
| Net Cash Flow | -5 | -2 | 3 | -3 | 4 | 0 | 1 | 5 | -10 | 2 | 4 | -6 |
| Free Cash Flow | 8 | -4 | 5 | -5 | 9 | -0 | -3 | 3 | -17 | -8 | 1 | -14 |
| CFO/OP | 228% | -44% | 129% | -65% | 133% | 34% | 826% | 238% | -273% | -23% | 48% | -42% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 112 | 108 | 146 | 130 | 56 | 75 | 193 | 116 | 172 | 88 | 113 | 125 |
| Inventory Days | 121 | 65 | 56 | 209 | 119 | 34 | 217 | 102 | 124 | 88 | 79 | 84 |
| Days Payable | 21 | 9 | 11 | 94 | 12 | 12 | 28 | 5 | 114 | 26 | 13 | 16 |
| Cash Conversion Cycle | 213 | 165 | 190 | 245 | 163 | 97 | 382 | 213 | 182 | 151 | 178 | 193 |
| Working Capital Days | 165 | 140 | 165 | 205 | 114 | 211 | 796 | 460 | 271 | 158 | 172 | 171 |
| ROCE % | 8% | 16% | 14% | 10% | 17% | 12% | 5% | 10% | 14% | 23% | 19% | 18% |
| 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 | 74.99% | 74.91% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 71.66% | 71.69% | 71.69% |
| Public | 25.02% | 25.08% | 25.00% | 25.01% | 25.01% | 25.01% | 25.02% | 25.01% | 25.01% | 28.35% | 28.32% | 28.31% |
| No. of Shareholders | 866 | 1,243 | 2,169 | 4,319 | 5,631 | 7,208 | 7,294 | 7,007 | 6,976 | 6,713 | 6,623 | 6,432 |
Fundamentals
Market Cap₹ 135 Cr.
Current Price₹ 450
Stock P/E11.4
Book Value₹ 321
ROCE18.1 %
ROE13.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)31%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
Market capRs 130 Cr
Enterprise valueRs 134 Cr
P/E (TTM)10.97x
Price to book1.35x
Price to sales0.72x
EV / EBITDA7.55x
EV / EBIT7.87x
EV / sales0.74x
Earnings yield9.12%
P/E, 3-year average14.27x
P/B, 3-year average1.93x
P/E, 5-year average11.66x
P/B, 5-year average1.40x
Profitability
Operating margin (excl. other income)9.83%
Operating margin (incl. other income)10.57%
EBITDA margin9.85%
Pre-tax margin8.70%
Net profit margin6.57%
Net margin, latest quarter3.73%
ROE13.22%
ROCE18.10%
ROA11.25%
ROE, 3-year average14.33%
ROCE, 3-year average20.07%
ROA, 3-year average12.01%
ROE, 5-year average11.85%
ROCE, 5-year average16.70%
ROA, 5-year average10.02%
ROIC (approx.)12.64%
Tax rate25.56%
Other income / net worth1.33%
Growth
Sales growth (latest year)22.13%
Profit growth (latest year)12.32%
Sales CAGR, 3 years34.36%
Sales CAGR, 5 years56.45%
Profit CAGR, 3 years27.50%
Profit CAGR, 5 years46.49%
Sales growth QoQ-19.27%
Profit growth QoQ-68.33%
Sales growth YoY (latest quarter)24.02%
Profit growth YoY (latest quarter)-38.33%
Per share
EPS (TTM)Rs 39.50
EPS (latest year)Rs 39.80
EPS (latest quarter)Rs 4.67
EPS, 3-year averageRs 37.43
EPS, 5-year averageRs 28.73
Book value per shareRs 320.91
Sales per shareRs 600.99
Cash flow per shareRs -37.63
Free cash flow per shareRs -46.66
Efficiency
Asset turnover1.46x
Fixed asset turnover21.52x
Inventory turnover4.59x
Inventory days80 days
Debtor days125 days
Debtors turnover2.91x
Creditor days16 days
Cash conversion cycle193 days
Working capital days171 days
Leverage
Total debtRs 11 Cr
Cash and bankRs 7 Cr
Net debtRs 4 Cr
Debt to equity0.11x
Net debt / EBITDA0.23x
Interest coverage12.53x
Owners' fund to total sources81.48%
Debt to assets9.24%
Cash flow
Cash from Operating Activity (latest year)Rs -11 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 7 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Cash from ops / profit, 5 years-0.64x
Statement figures
Net sales (TTM)Rs 180 Cr
Net sales (latest year)Rs 173 Cr
Sales (latest quarter)Rs 37 Cr
Operating profit excl. other income (latest year)Rs 17 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 18 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 12 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 144 Cr
Total expenditure (latest year)Rs 156 Cr
Total income (latest year)Rs 174 Cr
Share capitalRs 3 Cr
ReservesRs 93 Cr
Shareholders' fundsRs 96 Cr
Total assetsRs 118 Cr
Net blockRs 8 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 59 Cr
InventoryRs 31 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)0.30
Ownership
Promoter holding71.69% (-3.30 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.0 is at the 27th percentile of its own 9.3-year range
(median 14.5, low 3.7, high 63.8).
P/B 1.35 is at the 62th percentile (median 0.93).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 539255 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.8% | -2.8% | -2.0 pts |
| 1 month | -8.8% | -6.8% | -2.0 pts |
| 3 months | -36.1% | -7.6% | -28.5 pts |
| 3 years | +24.1% | +14.2% | +9.9 pts |
| 5 years | +422.0% | +27.9% | +394.1 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -45% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 20% of total assets in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹37 Cr +24.0% vs Jun 2025.
Net profit ₹1 Cr -38.3%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Star Delta Transformers Ltd?
Star Delta Transformers Ltd (539255) has a market capitalisation of Rs 135 Cr. at the 2026-10-01 close.
What is the P/E ratio of Star Delta Transformers Ltd?
Star Delta Transformers Ltd trades at a P/E of 11.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Star Delta Transformers Ltd's latest quarterly results?
In the Jun 2026 quarter, Star Delta Transformers Ltd sales was Rs 37 Cr (+24.0% vs Jun 2025) and net profit was Rs 1 Cr.