Star Delta Transformers Limite

BSE: STARDELTA · Heavy Electrical Equipment · sector

₹429.00BSE close 2026-10-26

Key numbers

Market cap₹129 cr

Price₹429.00

52w high / low₹719 / ₹393

P/E10.9xSector median 27.8x

P/B1.3xSector median 5.4x

Book value₹320.8

Dividend yield–Sector median 0.19%

ROE13.1%Sector median 18.8%

ROCE15.9%Sector median 21.4%

OPM8.9%Sector median 15.1%

Debt / equity0.11xSector median 0.09x

EV/EBITDA8.3xSector median 21.4x

Interest cover12.5x

Current ratio5.91x

Sales growth 3y+34.4%Sector median +22.1%

Profit growth 3y+27.5%Sector median +27.5%

PEG0.39x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 43 companies in Heavy Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹7 cr vs borrowings ₹11 cr (FY26): borrowings are higher by ₹4 cr.
Operating profit covered interest 12.5x in the last 12 months.
Other income was 14% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹429.00 on 2026-10-26: -40.3% from the 52-week high, +9.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹1,045.80 · low ₹420.50

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	38	30	44	53	46	37
EBITDA	4	3	4	4	6	2
OPM %	11.7%	9.9%	9.9%	6.9%	13.1%	5.5%
Other income	0	1	1	1	0	0
Net profit	3	2	4	2	4	1
EPS (₹)	10.20	7.57	13.24	6.87	14.73	4.67
Revenue YoY					+23.4%	+24.0%
Profit YoY					+44.4%	-38.3%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	31	71	140	142	173	180
EBITDA	2	5	13	15	17	16
Net profit	4	6	11	11	12	12
EPS (₹)	12.17	19.19	37.05	35.42	39.79	39.51
Revenue growth		+129.1%	+96.4%	+1.2%	+22.0%	–
Profit growth		+57.8%	+93.1%	-4.4%	+12.3%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+34.4%	–	–
Net profit	+27.5%	–	–
EPS	+27.5%	–	–
Share price	–	-30.4% (2y)	-26.4%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	84	96
Borrowings	2	11
Cash & equivalents	10	7
Total assets	94	118
Fixed assets	6	8
Capital work in progress	1	1
Investments	0	0
Receivables	44	59
Inventory	24	31
Payables	4	6

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	3	-11
Cash from investing	1	-2
Cash from financing	-1	7
Capex	1	0
Free cash flow	2	-11

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	12.6%	12.4%
ROCE %	17.6%	16.4%
Debtor days	113	125
Inventory days	79	84
Payable days	13	16
Cash conversion cycle (days)	179	193
Working capital days	204	185

Peers in Heavy Electrical Equipment

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
BHEL	₹1,37,384 cr	47.7x	5.1x	11.2%	13.5%	10.1%	+13.1%	0.12%
ABB	₹1,34,715 cr	45.1x	14.4x	36.1%	22.4%	14.0%	–	–
CGPOWER	₹1,31,237 cr	104.9x	16.5x	16.5%	21.3%	12.5%	+30.7%	0.16%
POWERINDIA	₹1,19,751 cr	104.0x	23.1x	24.5%	29.9%	14.9%	+22.2%	0.02%
SIEMENS	₹1,16,725 cr	35.6x	8.4x	25.0%	14.2%	10.0%	+41.0%	0.37%
ENRIN	₹98,074 cr	65.9x	20.4x	34.3%	42.0%	20.9%	–	0.14%
GVT&D	₹97,043 cr	74.3x	36.1x	58.5%	65.5%	25.2%	+30.8%	0.13%
SUZLON	₹51,051 cr	16.3x	5.4x	40.4%	29.2%	17.7%	+41.0%	–
THERMAX	₹35,902 cr	60.5x	6.5x	11.3%	12.5%	8.6%	+9.8%	0.44%
STARDELTA	₹129 cr	10.9x	1.3x	13.1%	15.9%	8.9%	+34.4%	–

All 43 companies in Heavy Electrical Equipment →

Business segments (2026-06-30)

Segment	Revenue	Share	EBIT	Margin
Transformers	₹38 cr	100.0%	₹2 cr	5.5%
Solar Power	₹0 cr	–	₹0 cr	–

Dividends & corporate actions

Ex-date	Action	Detail
2015-09-18	Dividend	Final Dividend Rs 0.5

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Heavy Electrical Equipment
Sub-industry	Heavy Electrical Equipment
Symbol	STARDELTA
BSE code	539255
ISIN	INE541K01014
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.