STELFinancial Services

Stel Holdings Limited

Investment Company · ISIN INE577L01016 · BSE 533316 · NSE EQ · FV ₹10
Last price
₹632
+4.96%today
What this company does

Stel Holdings Limited operates in Investment Company, part of the Financial Services sector. It booked ₹9.8 L of revenue in its latest quarter (Q1 FY27) and kept -133.4% of sales as profit.

In the report:
52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 54–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
61

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Cash quality61

Whether reported profit actually arrives as cash

Growth & consistency61

Whether sales and profit have grown, and how steadily

Valuation84

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 72%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -133.4% net margin
! Sales down 79% vs last year
! Low -0.0% return on equity

What if I invest in STEL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹632 +4.96%
latest close · 2026-09-17
1-year return
+356.2%
52-wk low ₹9452-wk high ₹690
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.72Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-0.0%Loss
WeakFairStrong ▸15%
Return on capital-0.0%Loss
WeakFairStrong
Net margin-133.4%Loss
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio24.73Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,166 cr
Book value
₹872
EPS
₹-0.07
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
-0.0%
Earnings yield
P/S
2,978.03
Sales / share
₹0.2
Tax rate
Face value
₹10
Shares
1.8 cr
Working capital
₹2 cr
Current assets
₹2 cr
Current liabilities
₹9.9 L
Delivery %
62.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹131₹131, midpoint ₹131

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹9.8 L
Other Income₹0 cr
Total Income₹9.8 L
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹2.7 L
Finance Costs₹0 cr
Depreciation & Amortisation₹1 L
Other Expenses₹18.3 L
Total Expenses₹22 L
Profit before Tax₹-12.2 L
Tax Expense₹0.82 L
Net Profit₹-13.1 L
Net margin on total income-133.4%
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹2.7 L11.9%
Depreciation & amortisation₹1 L4.6%
Other expenses₹18.3 L79.9%
Tax expense₹0.82 L3.6%
Total income ₹9.8 L

The company made a net loss of ₹13.1 L this quarter — income covered only 43 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue17 cr25.7 L9.8 L
Total income17 cr25.7 L9.8 L
Expenses15.1 L21.5 L22 L
Profit before tax17 cr4.2 L-12.2 L
Tax4 cr-47.5 L0.82 L
Net profit (owners' share)13 cr51.7 L-13.1 L
Net margin (owners' share, on revenue)74.3%200.9%-133.4%
EPS (₹)6.820.28-0.07
YoY (latest quarter): total income -86.2% · net profit
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,713 cr
Shareholder equity
₹1,609 cr
parent shareholders
Total debt
₹0 cr
Cash
₹0.56 L
Cash flow · H1 FY26
Operating
₹8 cr
Investing
₹-8 cr
Financing
₹0 cr
Peer comparison
Investment Company · by market value
CompanyPriceMarket capP/E
Jio Financial Services Limited₹229₹1.51 L cr45.1
Aditya Birla Capital Limited₹390₹1.07 L cr21.9
Cholamandalam Financial Holdings Limited₹1,499₹62,490 cr8.7
Tata Investment Corporation Limited₹719₹36,397 cr63.3
TVS Holdings Limited₹12,884₹26,077 cr10.7
Religare Enterprises Limited₹250₹15,052 cr
Maharashtra Scooters Limited₹13,151₹15,032 cr1,129.8
JSW Holdings Limited₹11,146₹12,370 cr126.0
Pilani Investment and Industries Corporation Limited₹4,082₹4,520 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
72.1%
FII / Foreign
0.0%
DII / Domestic
0.1%
Retail / others
27.9%
Promoter stake up 7.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtLEBNITZE REAL ESTATES PVT LTD · Promoter Group1,561 · ₹9.4 L11 Sep 26
BoughtLEBNITZE REAL ESTATES PVT LTD · Promoter Group1,840 · ₹10.9 L10 Sep 26
BoughtLEBNITZE REAL ESTATES PVT LTD · Promoter Group778 · ₹4.6 L9 Sep 26
Bulk / block deals
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE1.63 L @ ₹218.811 Aug 23
SoldGRAVITON RESEARCH CAPITAL LLP · NSE1.63 L @ ₹219.011 Aug 23
SoldYUGA STOCKS AND COMMODITIES PRIVATE LIMITED . · NSE1.00 L @ ₹208.2531 Jul 23
Stake changes
BoughtSofreal Mercantrade Private Limited · promoter→ 71.33% · 3.70 L17 Dec 25
BoughtHarsh Vardhan Goenka, Trustee of Secura India Trust ( Secure alog with pac · promoter→ 69.33% · 3.69 L6 Mar 25
BoughtHarsh Vardhan Goenka, Trustee of Secura India Trust · promoter→ 67.33% · 3.71 L5 Jun 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 19 Sep 2025
See the official result
1
Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon.
Backed by 99% of shareholders other than promotersneeded 50%
25,325 votes for, 333 against
2
Re-appointment of Mr. Alok Kalani (DIN: 03082801) as a Director on retirement by rotation.
Backed by 99% of shareholders other than promotersneeded 50%
24,725 votes for, 333 against
3
Approval for the appointment of M/s. SEP and Associates (ICSI Unique Code: P2019KE075600; Peer Review No. 6780/2025), Practicing Company Secretaries, Kochi as Secretarial Auditors of the Company for a period of 5 (five) consecutive years commencing from Financial Year 2025-26 till Financial Year 2029-30 and the remuneration payable to them.
Backed by 99% of shareholders other than promotersneeded 50%
24,725 votes for, 333 against
4
Approval for the re-appointment of Mr. Abraham Ittyipe (DIN: 02717344) as a Whole-time Director of the Company for a further period of 5 (five) years effective from August 13, 2025 and the remuneration payable to him.
Backed by 99% of shareholders other than promotersneeded 50%
24,625 votes for, 333 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 34 named members
owning 72.1% between them · as of 2026-06-30
Rainbow Investments Limited24.50%
Instant Holdings Limited8.70%
Harsh Vardhan Goenka, Trustee of SECURA INDIA TRUST7.82%
Carniwal Investments Limited7.48%
Castor Investments Limited5.76%
Swallow Associates LLP4.97%
Summit Securities Limited4.76%
Lebnitze Real Estates Private Limited2.99%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.