Starlineps Enterprises Ltd (STARLENT) Share Price & Fundamentals

What we do

Starlineps Enterprises Ltd trades diamonds, precious metals, stones, and jewellery, serving domestic manufacturers, wholesalers, and retailers primarily in India.

Founded in

2,011

Market share

Leading diamond trading company in Surat with extensive domestic sales and distribution network.

Problem solved

Facilitates reliable sourcing and supply of cut and polished diamonds to jewellery manufacturers and wholesalers in India.

Top clients or who we serve

Serves Indian jewellery manufacturers, wholesalers, large department stores, and retail chains (B2B and B2C).

Key management

Mr. Shwetkumar Koradiya, Chairman & Managing Director; Mr. Hardikbhai Patel, Whole Time Director & CFO.

Our journey and innovations

Incorporated in 2011, underwent multiple name changes, IPO in 2017, recently formed wholly owned subsidiary for international expansion.

Where we operate

Operates primarily in India with headquarters in Surat and expanding via subsidiary internationally.

Top products or what we offer

Cut and polished diamonds, precious metals, stones, and jewellery trading.

Top brands

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Raw materials needed

Diamonds and precious stones sourced domestically from primary and secondary suppliers.

Raw materials supplier

Suppliers across Indian domestic markets.

Recurring vs cyclical contribution

Revenue is predominantly transactional and cyclical based on diamond trading volumes.

Our industry position

Strong position in Surat’s diamond trading market with large domestic client base.

Financial highlights

FY 2024-25 revenue Rs. 733 crore; net profit Rs. 65.7 crore, showing significant growth over previous year.

Geographical revenue split

100% domestic Indian market.

Order book

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Whats driving growth

Growing domestic jewellery manufacturing demand and expanded distribution network.

Our future plans

Plans to pare down debt via rights issue and pursue growth via international subsidiary.

Our green promise

Energy saving via LED offices and inverter use; limited carbon footprint due to trading business.

Our people and values

Workforce of 7 employees fostering transparent and engaged culture focusing on talent retention.

Key challenges ahead

Regulatory compliance delay penalties and market volatility in diamond sector.

Interesting facts

IPO raised Rs 7.44 crore; bonus shares issued recently to engage investors.

Risks and strategy

Mitigates regulatory risks by compliance and focuses on expanding stable customer base for growth.