STEL
Stel Holdings share price & financials
- Price
- ₹555.5
- Market cap
- ₹1.1k Cr
- Sector
- Financial Services
Quarterly results
Q1 FY27: revenue down 85.9%, net profit down 218.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 0 | 13 | 1 | 9 +19% | 17 +5633% | 0 −98% | 0 −86% |
| EBITDA | 8 | 0 | 13 | 0 | 9 +19% | 17 +11273% | 0 −100% | -0 −122% |
| Net profit | 6 | 0 | 10 | 0 | 7 +16% | 13 +13878% | 1 −95% | -0 −218% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +22.7% 1Y
1Y: ₹498.05 on 10 Sept 2025 → ₹611.1. High ₹661.2 (31 Aug 2026), low ₹389.3 (21 Jan 2026).
Financials, as filed
Revenue grew 17.8% a year over 3 years, FY23 to FY26. Operating margin widened to 97.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹17 Cr | ₹18 Cr | ₹22 Cr | ₹27 Cr |
| Operating profit | ₹16 Cr | ₹18 Cr | ₹21 Cr | ₹27 Cr |
| Operating margin | 96.6% | 96.4% | 97.1% | 97.3% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹12 Cr | ₹13 Cr | ₹16 Cr | ₹20 Cr |
| Net margin | 72.1% | 72.0% | 72.5% | 72.4% |
| Cash from operations | ₹14 Cr | ₹12 Cr | ₹43 Cr | ₹-6 Cr |
| Free cash flow | ₹14 Cr | ₹12 Cr | ₹43 Cr | ₹-6 Cr |
| ROCE | 2.0% | 2.0% | 1.0% | 2.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹759 Cr | ₹721 Cr | ₹796 Cr | ₹1.5k Cr | ₹1.8k Cr | ₹1.6k Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹5 Cr | ₹3 Cr | ₹4 Cr | ₹96 Cr | ₹177 Cr | ₹104 Cr |
| Total liabilities | ₹783 Cr | ₹742 Cr | ₹819 Cr | ₹1.6k Cr | ₹2.0k Cr | ₹1.7k Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹687 Cr | ₹713 Cr | ₹782 Cr | ₹1.6k Cr | ₹2.0k Cr | ₹1.7k Cr |
| Other assets | ₹95 Cr | ₹28 Cr | ₹36 Cr | ₹32 Cr | ₹29 Cr | ₹3 Cr |
| Total assets | ₹783 Cr | ₹742 Cr | ₹819 Cr | ₹1.6k Cr | ₹2.0k Cr | ₹1.7k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +2.58 pp while the public trimmed −2.47 pp. The shareholder count shrank 5% to 20,877.
- Promoters
- 72.0%
- FIIs
- 0.0%
- DIIs
- 0.1%
- Public
- 27.9%
Since Jun 2025
- Promoters +2.58 pp
- Public −2.47 pp
- DIIs −0.10 pp
How it drifted, 12 quarters
Over this window promoters went from 64.7% to 72.0% — +7.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 64.7%, FIIs 0.0%, DIIs 0.2%, Public 35.1%.Dec '23: Promoters 65.6%, FIIs 0.0%, DIIs 0.2%, Public 34.1%.Mar '24: Promoters 66.2%, DIIs 0.2%, Public 33.6%.Jun '24: Promoters 67.5%, FIIs 0.1%, DIIs 0.2%, Public 32.2%.Sep '24: Promoters 69.1%, FIIs 0.1%, DIIs 0.2%, Public 30.6%.Dec '24: Promoters 69.1%, FIIs 0.1%, DIIs 0.2%, Public 30.6%.Mar '25: Promoters 69.5%, FIIs 0.0%, DIIs 0.2%, Public 30.3%.Jun '25: Promoters 69.5%, DIIs 0.2%, Public 30.4%.Sep '25: Promoters 70.8%, FIIs 0.0%, DIIs 0.2%, Public 29.0%.Dec '25: Promoters 71.3%, DIIs 0.1%, Public 28.5%.Mar '26: Promoters 71.7%, FIIs 0.0%, DIIs 0.1%, Public 28.2%.Jun '26: Promoters 72.0%, FIIs 0.0%, DIIs 0.1%, Public 27.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Lebnitze Real Estates Private Limited +0.20 pp 2.99% held
- Sofreal Mercantrade Pvt Ltd +0.20 pp 1.29% held
- Late Rama Prasad Goenka newly disclosed 0.05% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Stel Holdings Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rainbow Investments Limited | 24.50% | unchanged |
| Instant Holdings Limited | 8.70% | unchanged |
| Harsh Vardhan Goenka, Trustee of SECURA INDIA TRUST | 7.82% | unchanged |
| Carniwal Investment Limited | 7.48% | unchanged |
| Castor Investments Limited | 5.76% | unchanged |
| Swallow Associates LLP | 4.97% | unchanged |
| Summit Securities Limited | 4.76% | unchanged |
| Hitesh Ramji Javeri | 4.49% | unchanged |
| Lebnitze Real Estates Private Limited | 2.99% | +0.20 pp |
| Digidrive Distributors Limited | 1.83% | unchanged |
| Sofreal Mercantrade Pvt Ltd | 1.29% | +0.20 pp |
| Harshvardhan Ramprasad Goenka | 0.30% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Stel Holdings Limited
Guides on how to read this kind of business and the numbers that matter.