Starteck Finance Limited
Starteck Finance Limited operates as a non-banking financial company in India. The company offers financing solutions to retail, small and medium enterprise, and commercial customers in urban and semi-urban areas. The company was formerly known as Nivedita Mercantile and Financing Limited and changed its name to Starteck Finance Limited in November 2018. Starteck Finance Limited was incorporated … Read more
Starteck Finance Limited (STARTECK) - Net Assets
Latest net assets as of September 2025: ₹2.54 Billion INR
Based on the latest financial reports, Starteck Finance Limited (STARTECK) has net assets worth ₹2.54 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹5.77 Billion) and total liabilities (₹3.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.54 Billion |
| % of Total Assets | 44.09% |
| Annual Growth Rate | 32.76% |
| 5-Year Change | 59.89% |
| 10-Year Change | 115.46% |
| Growth Volatility | 102.23 |
Starteck Finance Limited - Net Assets Trend (2002–2025)
This chart illustrates how Starteck Finance Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Starteck Finance Limited (2002–2025)
The table below shows the annual net assets of Starteck Finance Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.34 Billion | +13.55% |
| 2024-03-31 | ₹2.06 Billion | +14.97% |
| 2023-03-31 | ₹1.80 Billion | +11.53% |
| 2022-03-31 | ₹1.61 Billion | +9.81% |
| 2021-03-31 | ₹1.47 Billion | +39.70% |
| 2020-03-31 | ₹1.05 Billion | +0.78% |
| 2019-03-31 | ₹1.04 Billion | +2.18% |
| 2018-03-31 | ₹1.02 Billion | -8.30% |
| 2017-03-31 | ₹1.11 Billion | +2.15% |
| 2016-03-31 | ₹1.09 Billion | +4.95% |
| 2015-03-31 | ₹1.04 Billion | +7.69% |
| 2014-03-31 | ₹962.43 Million | +284.61% |
| 2013-03-31 | ₹250.24 Million | +19.33% |
| 2012-03-31 | ₹209.70 Million | +15.50% |
| 2011-03-31 | ₹181.56 Million | +182.22% |
| 2010-03-31 | ₹64.33 Million | +316.39% |
| 2009-03-31 | ₹15.45 Million | +232.68% |
| 2004-03-31 | ₹4.64 Million | +7.38% |
| 2003-03-31 | ₹4.33 Million | +25.04% |
| 2002-03-31 | ₹3.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Starteck Finance Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 92936.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹899.19 Million | 38.37% |
| Common Stock | ₹99.10 Million | 4.23% |
| Other Comprehensive Income | ₹540.38 Million | 23.06% |
| Other Components | ₹804.87 Million | 34.34% |
| Total Equity | ₹2.34 Billion | 100.00% |
Starteck Finance Limited Competitors by Market Cap
The table below lists competitors of Starteck Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atom Empreendimentos e Participações S.A
SA:ATOM3
|
$5.10 Million |
|
Modelon AB Cl B
ST:MODEL-B
|
$5.10 Million |
|
ALBA SE
F:ABA
|
$5.10 Million |
|
DeepSpatial Inc.
PINK:DSAIF
|
$5.10 Million |
|
Fly Play hf.
IC:PLAY
|
$5.10 Million |
|
CSH Alliance Bhd
KLSE:7165
|
$5.10 Million |
|
Meiwu Technology Co Ltd
NASDAQ:WNW
|
$5.10 Million |
|
Global Star Acquisition Inc.
NASDAQ:GLSTU
|
$5.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Starteck Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,063,861,000 to 2,343,539,000, a change of 279,678,000 (13.6%).
- Net income of 104,242,000 contributed positively to equity growth.
- Dividend payments of 675,000 reduced retained earnings.
- Other comprehensive income increased equity by 202,597,999.
- Other factors decreased equity by 26,486,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹104.24 Million | +4.45% |
| Dividends Paid | ₹675.00K | -0.03% |
| Other Comprehensive Income | ₹202.60 Million | +8.64% |
| Other Changes | ₹-26.49 Million | -1.13% |
| Total Change | ₹- | 13.55% |
Book Value vs Market Value Analysis
This analysis compares Starteck Finance Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.03x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | ₹14.12 | ₹254.50 | x |
| 2003-03-31 | ₹17.65 | ₹254.50 | x |
| 2004-03-31 | ₹18.96 | ₹254.50 | x |
| 2009-03-31 | ₹63.06 | ₹254.50 | x |
| 2010-03-31 | ₹247.92 | ₹254.50 | x |
| 2011-03-31 | ₹144.54 | ₹254.50 | x |
| 2012-03-31 | ₹59.92 | ₹254.50 | x |
| 2013-03-31 | ₹71.50 | ₹254.50 | x |
| 2014-03-31 | ₹164.34 | ₹254.50 | x |
| 2015-03-31 | ₹104.58 | ₹254.50 | x |
| 2016-03-31 | ₹109.75 | ₹254.50 | x |
| 2017-03-31 | ₹112.11 | ₹254.50 | x |
| 2018-03-31 | ₹102.81 | ₹254.50 | x |
| 2019-03-31 | ₹105.05 | ₹254.50 | x |
| 2020-03-31 | ₹105.87 | ₹254.50 | x |
| 2021-03-31 | ₹147.90 | ₹254.50 | x |
| 2022-03-31 | ₹162.41 | ₹254.50 | x |
| 2023-03-31 | ₹181.13 | ₹254.50 | x |
| 2024-03-31 | ₹208.25 | ₹254.50 | x |
| 2025-03-31 | ₹236.22 | ₹254.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Starteck Finance Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.78%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.20x
- Recent ROE (4.45%) is below the historical average (6.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.30% | 0.33% | 1.45x | 4.76x | ₹-266.21K |
| 2003 | 20.03% | 2.97% | 4.94x | 1.36x | ₹433.63K |
| 2004 | 6.67% | 17.09% | 0.29x | 1.36x | ₹-154.63K |
| 2009 | 8.17% | 69.50% | 0.10x | 1.13x | ₹-281.98K |
| 2010 | 0.87% | 48.35% | 0.02x | 1.02x | ₹-5.87 Million |
| 2011 | 2.88% | 5.66% | 0.07x | 6.90x | ₹-12.93 Million |
| 2012 | 4.50% | 6.09% | 0.08x | 9.15x | ₹-11.53 Million |
| 2013 | 4.90% | 7.65% | 0.05x | 11.80x | ₹-12.77 Million |
| 2014 | 2.36% | 426.29% | 0.00x | 1.84x | ₹-73.56 Million |
| 2015 | 7.25% | 41.01% | 0.11x | 1.62x | ₹-28.54 Million |
| 2016 | 5.26% | 26.55% | 0.07x | 2.86x | ₹-51.61 Million |
| 2017 | 2.11% | 10.80% | 0.09x | 2.29x | ₹-87.71 Million |
| 2018 | 1.09% | 6.01% | 0.09x | 1.97x | ₹-90.75 Million |
| 2019 | 1.43% | 9.78% | 0.07x | 1.99x | ₹-89.27 Million |
| 2020 | 3.45% | 12.87% | 0.14x | 1.92x | ₹-68.70 Million |
| 2021 | 25.67% | 49.67% | 0.09x | 5.55x | ₹229.66 Million |
| 2022 | 6.33% | 35.20% | 0.11x | 1.66x | ₹-59.05 Million |
| 2023 | 12.16% | 77.33% | 0.07x | 2.14x | ₹38.70 Million |
| 2024 | 7.79% | 43.07% | 0.08x | 2.15x | ₹-45.62 Million |
| 2025 | 4.45% | 31.78% | 0.06x | 2.20x | ₹-130.11 Million |
Industry Comparison
This section compares Starteck Finance Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $29,648,174,333
- Average return on equity (ROE) among peers: 5.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Starteck Finance Limited (STARTECK) | ₹2.54 Billion | 2.30% | 1.27x | $5.10 Million |
| Akme Fintrade India Ltd (AFIL) | $1.37 Billion | 3.01% | 1.73x | $13.99 Million |
| Arman Financial Services Limited (ARMANFIN) | $78.33 Million | 10.06% | 2.58x | $94.77 Million |
| Baid Finserv Limited (BAIDFIN) | $1.38 Billion | 5.44% | 1.30x | $4.92 Million |
| Bajaj Finance Limited (BAJFINANCE) | $9.96 Billion | 4.78% | 2.56x | $26.81 Billion |
| Capital Trust Limited (CAPTRUST) | $1.20 Billion | -9.01% | 1.95x | $596.12K |
| Capri Global Capital Limited (CGCL) | $43.04 Billion | 11.12% | 3.84x | $561.11 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $221.24 Billion | 8.01% | 7.00x | $1.79 Billion |
| Capital India Finance Limited (CIFL) | $6.60 Billion | 1.77% | 1.73x | $2.74K |
| CP Capital Limited (CPCAP) | $4.72 Billion | 4.81% | 0.10x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $729.64 Million |