Starteck Finance Limited (STARTECK) - Net Assets
Based on the latest financial reports, Starteck Finance Limited (STARTECK) has net assets worth Rs2.63 Billion INR (≈ $28.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs6.75 Billion ≈ $73.02 Million USD) and total liabilities (Rs4.12 Billion ≈ $44.59 Million USD). 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. Check Starteck Finance Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.63 Billion |
| % of Total Assets | 38.94% |
| Annual Growth Rate | 31.84% |
| 5-Year Change | 63.37% |
| 10-Year Change | 136.66% |
| Growth Volatility | 100.24 |
Starteck Finance Limited - Net Assets Trend (2002–2026)
This chart illustrates how Starteck Finance Limited's net assets have evolved over time, based on quarterly financial data. See Starteck Finance Limited (STARTECK) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Starteck Finance Limited (2002–2026)
The table below shows the annual net assets of Starteck Finance Limited from 2002 to 2026. For live valuation and market cap data, see market cap of Starteck Finance Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs2.63 Billion ≈ $28.44 Million |
+12.20% |
| 2025-03-31 | Rs2.34 Billion ≈ $25.34 Million |
+13.55% |
| 2024-03-31 | Rs2.06 Billion ≈ $22.32 Million |
+14.97% |
| 2023-03-31 | Rs1.80 Billion ≈ $19.41 Million |
+11.53% |
| 2022-03-31 | Rs1.61 Billion ≈ $17.41 Million |
+9.81% |
| 2021-03-31 | Rs1.47 Billion ≈ $15.85 Million |
+39.70% |
| 2020-03-31 | Rs1.05 Billion ≈ $11.35 Million |
+0.78% |
| 2019-03-31 | Rs1.04 Billion ≈ $11.26 Million |
+2.18% |
| 2018-03-31 | Rs1.02 Billion ≈ $11.02 Million |
-8.30% |
| 2017-03-31 | Rs1.11 Billion ≈ $12.02 Million |
+2.15% |
| 2016-03-31 | Rs1.09 Billion ≈ $11.76 Million |
+4.95% |
| 2015-03-31 | Rs1.04 Billion ≈ $11.21 Million |
+7.69% |
| 2014-03-31 | Rs962.43 Million ≈ $10.41 Million |
+284.61% |
| 2013-03-31 | Rs250.24 Million ≈ $2.71 Million |
+19.33% |
| 2012-03-31 | Rs209.70 Million ≈ $2.27 Million |
+15.50% |
| 2011-03-31 | Rs181.56 Million ≈ $1.96 Million |
+182.22% |
| 2010-03-31 | Rs64.33 Million ≈ $695.71K |
+316.39% |
| 2009-03-31 | Rs15.45 Million ≈ $167.08K |
+232.68% |
| 2004-03-31 | Rs4.64 Million ≈ $50.22K |
+7.38% |
| 2003-03-31 | Rs4.33 Million ≈ $46.77K |
+25.04% |
| 2002-03-31 | Rs3.46 Million ≈ $37.41K |
-- |
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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs99.10 Million | 3.77% |
| Other Components | Rs2.53 Billion | 96.23% |
| Total Equity | Rs2.63 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 |
|---|---|
|
Indo-National Limited
NSE:NIPPOBATRY
|
$29.51 Million |
|
Crown Crafts Inc
NASDAQ:CRWS
|
$29.53 Million |
|
Samil Enterprise Co. Ltd
KQ:002290
|
$29.54 Million |
|
CLPS Inc
NASDAQ:CLPS
|
$29.54 Million |
|
NHN Bugs Corp
KQ:104200
|
$29.50 Million |
|
Atlas Engineered Products Ltd
V:AEP
|
$29.47 Million |
|
Prodigy Public Company Limited
BK:PDG
|
$29.44 Million |
|
Nord Insuretech Group AB
ST:NORDIG
|
$29.43 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 2025 to 2026, total equity changed from 2,343,539,000 to 2,629,532,000, a change of 285,993,000 (12.2%).
- Net income of 236,121,000 contributed positively to equity growth.
- Dividend payments of 667,000 reduced retained earnings.
- Other comprehensive income decreased equity by 540,377,999.
- Other factors increased equity by 590,916,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs236.12 Million | +8.98% |
| Dividends Paid | Rs667.00K | -0.03% |
| Other Comprehensive Income | Rs-540.38 Million | -20.55% |
| Other Changes | Rs590.92 Million | +22.47% |
| Total Change | Rs- | 12.20% |
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: 1.04x
- 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 19.50x to 1.04x 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 | Rs14.12 | Rs275.30 | x |
| 2003-03-31 | Rs17.65 | Rs275.30 | x |
| 2004-03-31 | Rs18.96 | Rs275.30 | x |
| 2009-03-31 | Rs63.06 | Rs275.30 | x |
| 2010-03-31 | Rs247.92 | Rs275.30 | x |
| 2011-03-31 | Rs144.54 | Rs275.30 | x |
| 2012-03-31 | Rs59.92 | Rs275.30 | x |
| 2013-03-31 | Rs71.50 | Rs275.30 | x |
| 2014-03-31 | Rs164.34 | Rs275.30 | x |
| 2015-03-31 | Rs104.58 | Rs275.30 | x |
| 2016-03-31 | Rs109.75 | Rs275.30 | x |
| 2017-03-31 | Rs112.11 | Rs275.30 | x |
| 2018-03-31 | Rs102.81 | Rs275.30 | x |
| 2019-03-31 | Rs105.05 | Rs275.30 | x |
| 2020-03-31 | Rs105.87 | Rs275.30 | x |
| 2021-03-31 | Rs147.90 | Rs275.30 | x |
| 2022-03-31 | Rs162.41 | Rs275.30 | x |
| 2023-03-31 | Rs181.13 | Rs275.30 | x |
| 2024-03-31 | Rs208.25 | Rs275.30 | x |
| 2025-03-31 | Rs236.22 | Rs275.30 | x |
| 2026-03-31 | Rs265.37 | Rs275.30 | 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): 8.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.43%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.57x
- Recent ROE (8.98%) is above the historical average (6.60%), indicating improving 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 | Rs-266.21K |
| 2003 | 20.03% | 2.97% | 4.94x | 1.36x | Rs433.63K |
| 2004 | 6.67% | 17.09% | 0.29x | 1.36x | Rs-154.63K |
| 2009 | 8.17% | 69.50% | 0.10x | 1.13x | Rs-281.98K |
| 2010 | 0.87% | 48.35% | 0.02x | 1.02x | Rs-5.87 Million |
| 2011 | 2.88% | 5.66% | 0.07x | 6.90x | Rs-12.93 Million |
| 2012 | 4.50% | 6.09% | 0.08x | 9.15x | Rs-11.53 Million |
| 2013 | 4.90% | 7.65% | 0.05x | 11.80x | Rs-12.77 Million |
| 2014 | 2.36% | 426.29% | 0.00x | 1.84x | Rs-73.56 Million |
| 2015 | 7.25% | 41.01% | 0.11x | 1.62x | Rs-28.54 Million |
| 2016 | 5.26% | 26.55% | 0.07x | 2.86x | Rs-51.61 Million |
| 2017 | 2.11% | 10.80% | 0.09x | 2.29x | Rs-87.71 Million |
| 2018 | 1.09% | 6.01% | 0.09x | 1.97x | Rs-90.75 Million |
| 2019 | 1.43% | 9.78% | 0.07x | 1.99x | Rs-89.27 Million |
| 2020 | 3.45% | 12.87% | 0.14x | 1.92x | Rs-68.70 Million |
| 2021 | 25.67% | 49.67% | 0.09x | 5.55x | Rs229.66 Million |
| 2022 | 6.33% | 35.20% | 0.11x | 1.66x | Rs-59.05 Million |
| 2023 | 12.16% | 77.33% | 0.07x | 2.14x | Rs38.70 Million |
| 2024 | 7.79% | 43.07% | 0.08x | 2.15x | Rs-45.62 Million |
| 2025 | 4.45% | 31.78% | 0.06x | 2.20x | Rs-130.11 Million |
| 2026 | 8.98% | 44.43% | 0.08x | 2.57x | Rs-26.83 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: $13,875,001,886
- Average return on equity (ROE) among peers: 14.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Starteck Finance Limited (STARTECK) | Rs2.63 Billion | 2.30% | 1.57x | $29.51 Million |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $66.41 Million |
| Arman Financial Services Limited (ARMANFIN) | $66.41 Million | 10.09% | 1.89x | $192.84 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $16.78 Million |
| Bajaj Finance Limited (BAJFINANCE) | $96.00 Billion | 19.13% | 5.64x | $64.48 Billion |
| Capri Global Capital Limited (CGCL) | $2.81 Billion | 44.70% | 0.62x | $2.30 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $3.01 Billion | 11.80% | 5.99x | $15.41 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $28.18 Billion | 10.24% | 7.22x | $3.23 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $4.60 Billion | 18.10% | 5.11x | $2.46 Billion |
| CSL Finance Limited (CSLFINANCE) | $518.95 Million | 12.68% | 0.00x | $55.58 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-371.72 Million | 0.00% | 0.00x | $1.25 Million |
About 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