| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 0.1 | 0.5 | −79.2% |
| EBITDA | −0.1 | 0.2 | — |
| EBITDA margin | −114.4% | 52.6% | −166.9 pts |
| Profit before tax | −0.1 | 0.5 | — |
| Net profit | −0.1 | 0.3 | — |
| EPS | −₹0.07 | ₹0.19 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 933 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.0 | 0.0 | 0.1 | 0.1 | 35.4 | ||
| 933 | — | — | — | — | ||
| 26.4 | 27.4 | 21.9 | 18.5 | 17.2 | ||
| — | +25.2% | +18.6% | +7.6% | — | ||
| 25.6 | 26.7 | 21.3 | 17.8 | 16.5 | ||
| 97.2% | 97.3% | 97.1% | 96.4% | 96.0% | ||
| 25.6 | 26.6 | 21.2 | 17.7 | 16.4 | ||
| 19.6 | 19.9 | 15.9 | 13.3 | 12.3 | ||
| 74.4% | 72.4% | 72.4% | 71.9% | 71.4% | ||
| ₹10.63 | ₹10.76 | ₹8.60 | ₹7.19 | ₹6.64 | ||
| — | +25.1% | +19.6% | +8.3% | — | ||
| — | −6.0 | 43.2 | 16.5 | 13.8 | ||
| — | 0.0 | −0.0 | −0.0 | −0.0 | ||
| −6.0 | −6.0 | 43.2 | 16.5 | 13.8 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 933.3 | |
| - Cash, Equiv & ST Investments | 35.4 | 0.1 | 0.1 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 933.3 | |
| Revenue | 17.2 | 18.5 | 21.9 | 27.4 | 26.4 | |
| Growth %, YoY | — | +7.6 | +18.6 | +25.2 | — | |
| EBITDA | 16.5 | 17.8 | 21.3 | 26.7 | 25.6 | |
| Margin % | 95.95 | 96.44 | 97.08 | 97.28 | 97.22 | |
| EBIT | 16.4 | 17.7 | 21.2 | 26.6 | 25.6 | |
| Net Income | 12.3 | 13.3 | 15.9 | 19.9 | 19.6 | |
| Margin % | 71.43 | 71.89 | 72.43 | 72.38 | 74.40 | |
| EPS, Adj (current shares) | 6.64 | 7.19 | 8.60 | 10.76 | 10.63 | |
| Growth %, YoY | — | +8.3 | +19.6 | +25.1 | — | |
| Cash from Operations | 13.8 | 16.5 | 43.2 | -6.0 | — | |
| Capital Expenditures | -0.0 | -0.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | 13.8 | 16.5 | 43.2 | -6.0 | -6.0 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Stel Holdings (NSE: STEL) had a market capitalisation of ₹935 crore at the 30 October 2026 close (₹506.70 a share), a PE ratio of 47.7 on the last four quarters' profit and a price-to-book ratio of 0.58. In FY26 its consolidated net profit was ₹19.9 crore on revenue of ₹27.4 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹13 lakh. It had no borrowings on 31 March 2026. Promoters held 72.39% of the shares on 30 September 2026.
Stel Holdings' PE ratio is 47.7 at the 30 October 2026 close (₹506.70 a share): a market capitalisation of ₹935 crore divided by consolidated net profit of ₹19.6 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹19.9 crore) it is 47.1.
Stel Holdings' price-to-book (PB) ratio is 0.58 at the 30 October 2026 close: a market capitalisation of ₹935 crore divided by shareholders' equity (book value) of ₹1,609 crore on 31 March 2026. That is a book value of ₹872.10 per share against a share price of ₹506.70.
Stel Holdings' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,609 crore on 31 March 2026, down 8.2% from ₹1,753 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹935 crore at the 30 October 2026 close.
Stel Holdings' market capitalisation was ₹935 crore at the 30 October 2026 close: 1.85 crore shares at ₹506.70 each.
Yes. Stel Holdings had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹2.4 crore of cash, bank balances and current investments.
Stel Holdings' basic earnings per share (EPS) were ₹10.76 in FY26, against ₹8.60 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹10.63.
Stel Holdings' debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹1,609 crore. A year earlier, on 31 March 2025, it was 0.00.
Promoters held 72.39% of Stel Holdings on 30 September 2026, up 0.33 percentage points from 72.06% the previous quarter and up 1.56 percentage points from 70.83% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Stel Holdings generated ₹6 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹6 crore. In FY25 it was ₹43.2 crore.
In FY26, Stel Holdings' return on equity (ROE) was 1.2% and its return on capital employed (ROCE) was 1.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 1.0% and ROCE 1.3%.
Stel Holdings' book value per share was ₹872.10 on 31 March 2026: shareholders' equity of ₹1,609 crore divided by the 1.85 crore shares in issue, down 8.2% from ₹949.94 a year earlier. The share price at the 30 October 2026 close was ₹506.70.
At the 30 October 2026 closing prices, on FY26 net profit, Stel Holdings' PE ratio is 47.1, the highest of the four: Vardhman Holdings 5.1, Jindal Poly Investment and Finance 1.1 and Abans Financial Services 10.7, a peer average of 5.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On 30 September 2026, Stel Holdings' shares were held by promoters 72.39%, foreign portfolio investors (FII/FPI) 0.02%, domestic institutions (DII) 0.05% (including mutual funds at 0.04%) and retail and other non-institutional investors 27.53%. Over the year, FII holding was up 0.01 percentage points from 0.01% and DII holding was down 0.12 percentage points from 0.17%.
On FY26 consolidated figures, against Vardhman Holdings, Jindal Poly Investment and Finance and Abans Financial Services: Stel Holdings' operating margin of 97.1% is the second highest of the four (Vardhman Holdings 83.3%, Jindal Poly Investment and Finance 100.0%, Abans Financial Services 0.7%; peer average 61.3%); its return on equity of 1.2% is the lowest of the four (Vardhman Holdings 5.9%, Jindal Poly Investment and Finance 54.8%, Abans Financial Services 8.3%; peer average 23.0%).
In FY26, Stel Holdings earned net profit of ₹19.9 crore on revenue of ₹27.4 crore, against ₹216 crore on ₹12.3 crore for Vardhman Holdings. Stel Holdings' operating margin was 97.1% (Vardhman Holdings 83.3%) and its return on equity 1.2% (Vardhman Holdings 5.9%). At the 30 October 2026 close, Stel Holdings' market capitalisation was ₹935 crore against ₹1,100 crore for Vardhman Holdings, and its PE ratio on FY26 profit 47.1 against 5.1.
Stel Holdings' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net loss ₹13 lakh, against a profit of ₹35 lakh in Q1 FY26; revenue from operations ₹9.8 lakh, down 79.2% year on year.
In FY26 (April 2025–March 2026), Stel Holdings' consolidated net profit was ₹19.9 crore, up 25.1% from ₹15.9 crore in FY25, on revenue from operations of ₹27.4 crore (up 25.2%). Over three years, from FY23, net profit was up 62.0%.
Stel Holdings will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
From Stel Holdings' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.