General information about company

Scrip code*512381
NSE Symbol*STARTECK
MSEI Symbol*NOTLISTED
ISIN*INE992I01013
Name of companyStarteck Finance Limited
Type of companyMain Board
Class of securityEquity
Date of start of financial year01-04-2024
Date of end of financial year31-03-2025
Date of board meeting when results were approved27-05-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange20-05-2025
Description of presentation currencyINR
Level of roundingLakhs
Reporting TypeQuarterly
Reporting QuarterFourth quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unaudited for the quarter endedAudited
Whether results are audited or unaudited for the Year to date for current period ended/year endedAudited
Segment ReportingSingle segment
Description of single segmentNon-Banking Financial Institution
Start date and time of board meeting27-05-2025 18:45
End date and time of board meeting27-05-2025 19:30
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated27-05-2022
Indicate Company website link for updated RPT policy of the Companyhttp://www.starteckfinance.com/Downloads/codes-or-policies/SFL-Related-Party-Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?NoThe Company has not incurred any default on loans. Further, the Company does not have any debt securities and hence, the same is not applicable to the Company.



Financial Results – NBFC

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202501-04-2024
Date of end of reporting period31-03-202531-03-2025
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations
(i) Interest Income714.892783.22
(ii)Dividend Income3.0829.43
(iii)Rental Income00
(iv)Fees and commission Income84.01150.82
(v)Net gain on fair value changes00
(vi)Net gain on derecognition of financial instruments under amortised cost category00
(vii)Sale of products (including Excise Duty)00
(viii)Sale of services00
(ix)Other revenue from operations
Total other revenue from operations
Total Revenue From Operations801.982963.47
Other income145.04363.36
Total income947.023326.83
2Expenses
Cost of materials consumed00
Purchases of stock-in-trade00
Changes in inventories of finished goods, work-in-progress and stock-in-trade00
Employee benefit expense 18.0981.13
Finance costs531.861899.6
Depreciation, depletion and amortisation expense0.31.21
Fees and commission expense00
Net loss on fair value changes00
Net loss on derecognition of financial instruments under amortised cost category00
Impairment on financial instruments00
(f)Other expenses
1Provisions, Contingencies and Bad Debts write offs070.48
2Other Expenses36.82156.96
Total other expenses36.82227.44
Total expenses587.072209.38
3Total profit before exceptional items and tax359.951117.45
4Exceptional items 00
5Total profit before tax359.951117.45
6Tax expense
7Current tax64.43175.74
8Deferred tax20.66-62.02
9Total tax expenses85.09113.72
10Net Profit Loss for the period from continuing operations274.861003.73
11Profit (loss) from discontinued operations before tax00
12Tax expense of discontinued operations00
13Net profit (loss) from discontinued operation after tax00
14Share of profit (loss) of associates and joint ventures accounted for using equity method00
15Total profit (loss) for period274.861003.73
16Other comprehensive income net of taxes123.251761.09
17Total Comprehensive Income for the period398.112764.82
18Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20Details of equity share capital
Paid-up equity share capital991.03991.03
Face value of equity share capital1010
21Reserves excluding revaluation reserve0
22Earnings per share
iEarnings per equity share for continuing operations
Basic earnings per share from continuing operations2.7710.13
Diluted earnings per share from continuing operations2.7710.13
iiEarnings per equity share for discontinued operations
Basic earnings per share from discontinued operations00
Diluted earnings per share from discontinued operations00
iiEarnings per equity share (for continuing and discontinued operations)
Basic earnings per share2.7710.13
Diluted earnings per share2.7710.13
23Debt equity ratioTextual Information( 1) &
24Debt service coverage ratioTextual Information( 2) &
25Interest service coverage ratioTextual Information( 3) &
26Disclosure of notes on financial results

Statement of Asset and Liabilities

ParticularsYear ended (dd-mm-yyyy)
Date of start of reporting period01-04-2024
Date of end of reporting period31-03-2025
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1Financial Asset
Cash and cash equivalents10.16
Bank Balance other than (a) above15.63
Derivative financial instruments0
Receivables
(I) Trade Receivables0
(II) Other Receivables420.59
Loans26179.17
Investments19620.5
Other Financial assets1.5
Total Financial Asset46247.55
2Non Financial Asset
Inventories0
Current tax assets (Net)59.43
Deferred tax Assets (Net)62.02
Investment Property0
Biological assets other than bearer plants0
Property, Plant and Equipment6.38
Capital work-in-progress0
Intangible assets under development0
Goodwill0
Other Intangible assets0
Other non-financial assets (to be specified)3.66
Total Non-Financial Asset131.49
Total assets46379.04
Equity and liabilities
1Equity
Equity attributable to owners of parent
Equity share capital991.03
Other equity20433.94
Total equity attributable to owners of parent21424.97
Non controlling interest
Total equity21424.97
2Liabilities
2.1Financial Liabilities
(a)Derivative financial instruments0
(b)Payables0
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises3.41
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises0
(C )Debt Securities0
(d)Borrowings (Other than Debt Securities)22663.51
(e)Deposits0
(f)Subordinated Liabilities0
(g)Other financial liabilities986.04
Total Financial Liabilities23652.96
2.2Non-Financial Liabilities
(a)Current tax liabilities (Net)0
(b)Provisions474.18
(C )Deferred tax liabilities (Net)656.1
(d)Other non-financial liabilities170.83
Total Non-Financial Liabilities1301.11
Total liabilities24954.07
Total equity and liabilities46379.04
Disclosure of notes on assets and liabilities

Other Comprehensive Income

Date of start of reporting period01-01-202501-04-2024
Date of end of reporting period31-03-202531-03-2025
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Fair Value Gain/(Loss) of Investment held through OCI143.812417.19
Total Amount of items that will not be reclassified to profit and loss143.812417.19
2Income tax relating to items that will not be reclassified to profit or loss 20.56656.10
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss
5Total Other comprehensive income123.251761.09



Cash flow statement, indirect

ParticularsYear ended (dd-mm-yyyy)
Date of start of reporting period01-04-2024
Date of end of reporting period31-03-2025
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax1117.45
Adjustments for reconcile profit (loss)
Adjustments for finance costs0
Adjustments for decrease (increase) in inventories0
Adjustments for decrease (increase) in trade receivables, current0
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets-69.81
Adjustments for decrease (increase) in other non-current assets-24.6
Adjustments for other financial assets, non-current0
Adjustments for other financial assets, current0
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current0
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities0
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense1.21
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current95.6
Adjustments for provisions, non-current0
Adjustments for other financial liabilities, current213.93
Adjustments for other financial liabilities, non-current622.93
Adjustments for unrealised foreign exchange losses gains0
Adjustments for dividend income29.43
Adjustments for interest income0
Adjustments for share-based payments0
Adjustments for fair value losses (gains)349.93
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow0
Other adjustments to reconcile profit (loss)0
Other adjustments for non-cash items0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)1159.76
Net cash flows from (used in) operations2277.21
Dividends received0
Interest paid0
Interest received0
Income taxes paid (refund)113.7
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities2163.51
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities141.72
Other cash payments to acquire equity or debt instruments of other entities5273.03
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment0
Purchase of property, plant and equipment0
Proceeds from sales of investment property0
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets0
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received29.43
Interest received0
Income taxes paid (refund)0
Other inflows (outflows) of cash433.38
Net cash flows from (used in) investing activities-4668.5
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings5749.77
Repayments of borrowings0
Payments of lease liabilities0
Dividends paid6.75
Interest paid0
Income taxes paid (refund)0
Other inflows (outflows) of cash-3258.91
Net cash flows from (used in) financing activities2484.11
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes-20.88
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents-20.88
Cash and cash equivalents cash flow statement at beginning of period31.04
Cash and cash equivalents cash flow statement at end of period10.16



Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr. No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of the related party transaction ratified by the audit committeeDate of Audit Committee Meeting where the ratification was approvedValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investments
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment)Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)Notes
1Starteck Finance LtdAAACN6692GAkshunya Energy Pvt LtdAAICA0130CEntities with joint control or significant influence over entityInterest paid0Not Applicable8.8700
2Starteck Finance LtdAAACN6692GAkshunya Energy Pvt LtdAAICA0130CEntities with joint control or significant influence over entityInter-corporate deposit7.09Approved7.09186.8193.89Inter-corporate deposit10.00%365 daysUnsecured Business Purpose
3Starteck Finance LtdAAACN6692GNiyamit Mercantile and Trading LLPAAIFN3633QEntities with joint control or significant influence over entityInterest received0Not Applicable70.9900
4Starteck Finance LtdAAACN6692GNiyamit Mercantile and Trading LLPAAIFN3633QEntities with joint control or significant influence over entityLoan493.96Approved493.961259.111753.07Loan10.00%365 daysUnsecured Business Purpose
5Starteck Finance LtdAAACN6692GStarteck Infraprojects Private LimitedAAMCS6543BEntities with joint control or significant influence over entityInterest received0Not Applicable5.2500
6Starteck Finance LtdAAACN6692GStarteck Infraprojects Private LimitedAAMCS6543BEntities with joint control or significant influence over entityLoan0Not Applicable28.35146.12117.77Loan9.00%365 daysUnsecured Business PurposeLoan given repaid
7Starteck Finance LtdAAACN6692GSw Investments LimitedAAACL2629MEntities with joint control or significant influence over entityInterest paid0Not Applicable2.1200
8Starteck Finance LtdAAACN6692GSw Investments LimitedAAACL2629MEntities with joint control or significant influence over entityInter-corporate deposit0Not Applicable43.8965.0221.13Inter-corporate deposit9.00%365 daysUnsecured Business PurposeLoan taken repaid
9Starteck Finance LtdAAACN6692GKamal KhetanAAHPK4505DPromoterInterest paid0Not Applicable135.7300
10Starteck Finance LtdAAACN6692GKamal KhetanAAHPK4505DPromoterLoan1145.6Approved1145.62339.363484.96Inter-corporate deposit10.00%365 daysUnsecured Business Purpose
11Starteck Finance LtdAAACN6692GGlint Infraprojects Private LimitedAADCG5620LPromoterInterest paid0Not Applicable71.2800
12Starteck Finance LtdAAACN6692GGlint Infraprojects Private LimitedAADCG5620LPromoterInter-corporate deposit1790.38Approved1790.3827.641818.02Inter-corporate deposit10.00%365 daysUnsecured Business Purpose
13Starteck Finance LtdAAACN6692GEskay Infrastructure Development Private LimitedAAACE9011EPromoterInterest received0Not Applicable152.300
14Starteck Finance LtdAAACN6692GEskay Infrastructure Development Private LimitedAAACE9011EPromoterLoan0Not Applicable1675.544110.92435.36Loan9.00%365 daysUnsecured Business PurposeLoan taken repaid
15Starteck Finance LtdAAACN6692GEskay Infrastructure Development Private LimitedAAACE9011EPromoterInvestment0Not Applicable07.877.87
16Starteck Finance LtdAAACN6692GSunteck Realty LimitedAAACI0336EEntities with joint control or significant influence over entityAny other transactionRent Paid0Not Applicable2.3100
17Starteck Finance LtdAAACN6692GSunteck Realty LimitedAAACI0336EEntities with joint control or significant influence over entityAny other transactionSecurity Deposit0Not Applicable01.51.5
18Starteck Finance LtdAAACN6692GChitta Finlease Private LimitedAAACC2643NSubsidiaryInvestment0Not Applicable023.9123.91
19Starteck Finance LtdAAACN6692GChitta Finlease Private LimitedAAACC2643NSubsidiaryLoan0Not Applicable0192.8192.8Loan0.00%Repayable on DemandUnsecured Business Purpose
20Starteck Finance LtdAAACN6692GSunteck Realty LimitedAAACI0336EEntities with joint control or significant influence over entityInterest paid0Not Applicable179.6900
21Starteck Finance LtdAAACN6692GSunteck Realty LimitedAAACI0336EEntities with joint control or significant influence over entityInter-corporate deposit0Not Applicable19805007.352989.95Inter-corporate deposit9.50%Repayable on DemandUnsecured Business PurposeLoan taken repaid
22Starteck Finance LtdAAACN6692GSamagra Wealthmax Pvt LtdAAQCS5451EEntities with joint control or significant influence over entityInter-corporate deposit0Not Applicable273.021356.831083.81Inter-corporate deposit9.00%365 daysUnsecured Business PurposeLoan taken repaid
23Starteck Finance LtdAAACN6692GSamagra Wealthmax Pvt LtdAAQCS5451EEntities with joint control or significant influence over entityInterest paid0Not Applicable52.8300
24Starteck Finance LtdAAACN6692GStarteck Corporate Services Pvt Ltd (Formerly known as Starteck Housing Finance Pvt Ltd)ABCCS4344KEntities with joint control or significant influence over entityAdvance0Not Applicable00.580.57
25Starteck Finance LtdAAACN6692GBhuwalka Steel Industries LtdAAACB7389JSubsidiaryInvestment0Not Applicable011
26Starteck Finance LtdAAACN6692GAbhisar Securities Services Pvt LtdAALCA8718MEntities with joint control or significant influence over entityLoan0Not Applicable48.881722.231673.35Loan12.00%Repayable on DemandUnsecured Business PurposeLoan given repaid
27Starteck Finance LtdAAACN6692GAbhisar Securities Services Pvt LtdAALCA8718MEntities with joint control or significant influence over entityInterest received0Not Applicable95.3700
28Starteck Finance LtdAAACN6692GMayuri JainAJDPJ8279NKMPRemuneration0Not Applicable1.7700
29Starteck Finance LtdAAACN6692GGautam PanchalAMTPP8809PIndependent DirectorAny other transactionSitting Fees0Not Applicable0.1800
30Starteck Finance LtdAAACN6692GNilesh ParikhAJCPP4886CIndependent DirectorAny other transactionSitting Fees0Not Applicable0.1800
31Starteck Finance LtdAAACN6692GSandhya MalhotraALPPM5543AIndependent DirectorAny other transactionSitting Fees0Not Applicable0.4100
32Starteck Finance LtdAAACN6692GMayuri JainAJDPJ8279NKMPAny other transactionReimbursement0Not Applicable0.0100
33Starteck Finance LtdAAACN6692GBhuwalka Steel Industries LtdAAACB7389JSubsidiaryLoan478.5Approved478.55981.426459.92Loan0.00%Repayable on DemandUnsecured Business Purpose
34Starteck Finance LtdAAACN6692GMinteck Solutions Pvt LtdAAKCM4379FEntities with joint control or significant influence over entityLoan0Not Applicable00212.38Loan9.00%365 daysUnsecured Business Purpose
35Starteck Finance LtdAAACN6692GMinteck Solutions Pvt LtdAAKCM4379FEntities with joint control or significant influence over entityInterest received0Not Applicable2.0400
36Starteck Finance LtdAAACN6692GPakshin Enterprises Pvt LtdAAACL1695HEntities with joint control or significant influence over entityLoan0Not Applicable00522.37Loan9.00%365 daysUnsecured Business Purpose
37Starteck Finance LtdAAACN6692GPakshin Enterprises Pvt LtdAAACL1695HEntities with joint control or significant influence over entityInterest received0Not Applicable6.6100
38Starteck Finance LtdAAACN6692GPrime Home Constructions and Developers Pvt LtdAAHCP6247NEntities with joint control or significant influence over entityLoan0Not Applicable0046.77Loan9.00%365 daysUnsecured Business Purpose
39Starteck Finance LtdAAACN6692GPrime Home Constructions and Developers Pvt LtdAAHCP6247NEntities with joint control or significant influence over entityInterest received0Not Applicable1.2100
40Starteck Finance LtdAAACN6692GAkrur Kamal KhetanBFXPK0340APromoterLoan0Not Applicable340.3600Loan8.50%365 daysUnsecured Business PurposeLoan taken repaid
41Starteck Finance LtdAAACN6692GAkrur Kamal KhetanBFXPK0340APromoterInterest paid0Not Applicable0.400
42Starteck Finance LtdAAACN6692GAnupma Kamal KhetanBFXPK0222BPromoterLoan0Not Applicable572.2700Loan8.50%365 daysUnsecured Business PurposeLoan taken repaid
43Starteck Finance LtdAAACN6692GAnupma Kamal KhetanBFXPK0222BPromoterInterest paid0Not Applicable4.1900
Total value of transaction during the reporting period9671.58



Details of Impact of Audit Qualification

Whether results are audited or unauditedAudited
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone resultsYes
Audit firm's nameWhether the firm holds a valid peer review certificate issued by Peer Review Board of ICAICertificate valid upto
1MKPS & AssociatesYes31-12-2025