Audited Financial Result For Quarter And Year Ended On March 31, 2026.
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 28 May 2026, 10:38 PM IST · BSE ID: d5991275-1a87-4591-aa9a-afe6d8e4e064
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss for the year ending March 2026, while working through a major restructuring plan.
🤖 AI Summary
- Starlite Components Ltd reported an audited net loss of (INR 9.99 Lakhs) for the year ended March 31, 2026.
- Revenue from operations stood at INR 475.43 Lakhs for the full financial year 2025-26.
- The company's corporate insolvency resolution process (CIRP) resolution plan is under implementation, approved by NCLT on March 14, 2024.
- An application has been filed with NCLT to modify the resolution plan for compliance with 5% minimum public shareholding.
- Paid-up equity share capital remained unchanged at INR 1,710.00 Lakhs as of March 31, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations (Year ended March 31, 2026)
INR 475.43 Lakhs
Not comparable — limited prior period data.
Total Income (Year ended March 31, 2026)
INR 475.43 Lakhs
Not comparable — limited prior period data.
Total Expenses (Year ended March 31, 2026)
INR 777.01 Lakhs
Not comparable — limited prior period data.
Profit / (Loss) After Tax (Year ended March 31, 2026)
(INR 9.99 Lakhs)
Not comparable — limited prior period data.
Basic EPS (Year ended March 31, 2026)
(INR 0.06)
Not comparable — limited prior period data.
Paid-up Equity Share Capital (As at March 31, 2026)
INR 1,710.00 Lakhs
🏢 How This Affects the Company
The company recorded a net loss of (INR 9.99 Lakhs) for FY26. Total income for the year was INR 475.43 Lakhs, with total expenses at INR 777.01 Lakhs.
The company's affairs are being managed as a going concern under the approved resolution plan, with a reconstituted Board of Directors.
The ongoing application to NCLT for modifying the resolution plan to meet minimum public shareholding norms introduces regulatory compliance risk, awaiting tribunal approval.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from existing shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the ongoing CIRP and the proposed reduction of existing share capital without payout. The resolution applicant will be issued 35,000 equity shares.
🔍
Management Signal
Management is focused on implementing the approved resolution plan and ensuring compliance with regulatory requirements, including minimum public shareholding norms.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
NCLT decision on Interlocutory Application to amend the approved resolution plan.
Updates on the implementation status of the modified resolution plan.
Future financial results to assess operational turnaround and profitability.
HIGH RISK
The company is undergoing CIRP, reporting losses, and awaiting NCLT approval for plan modifications.
💡 Investor Takeaway
Starlite Components Ltd reported a net loss of (INR 9.99 Lakhs) for FY26, with revenue from operations at INR 475.43 Lakhs. The approved CIRP resolution plan is in progress, with NCLT awaiting modifications for 5% minimum public shareholding compliance.
⚖️ Strengths & Concerns
✅ Positives
- Resolution plan for the corporate insolvency resolution process has been approved by Hon'ble NCLT on March 14, 2024.
- The company's Board of Directors has been reconstituted and affairs are being managed as a going concern under the resolution plan.
⚠️ Concerns
- Starlite Components Ltd reported a net loss after tax of (INR 9.99 Lakhs) for the year ended March 31, 2026.
- The company's total expenses of INR 777.01 Lakhs significantly exceeded its total income of INR 475.43 Lakhs for FY26.
📅 Company Track Record
Starlite Components Limited underwent a corporate insolvency resolution process (CIRP) with the resolution plan approved by NCLT on March 14, 2024. The company was incorporated in 1991. The current filing represents the first financial results available after the CIRP approval.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Starlite Components Ltd's net profit/loss for the year ended March 31, 2026?
Starlite Components Ltd reported a net loss after tax of (INR 9.99 Lakhs) for the year ended March 31, 2026.
What was the revenue from operations for Starlite Components Ltd in FY26?
The revenue from operations for Starlite Components Ltd was INR 475.43 Lakhs for the year ended March 31, 2026.
Is Starlite Components Ltd currently undergoing a corporate insolvency resolution process?
Yes, Starlite Components Ltd is undergoing a corporate insolvency resolution process (CIRP) with an approved resolution plan from March 14, 2024, currently under implementation.
What is the status of minimum public shareholding compliance for Starlite Components Ltd?
Starlite Components Ltd has filed an Interlocutory Application with Hon'ble NCLT to amend its approved resolution plan to ensure compliance with the 5% minimum public shareholding requirement.
What was the Basic EPS for Starlite Components Ltd for the year ended March 31, 2026?
The Basic EPS for Starlite Components Ltd was (INR 0.06) for the year ended March 31, 2026.
Questions based on this BSE filing only. For information purposes.