STEL Holdings Ltd Q3 FY23 consolidated profit at Rs. 15.48 lakhs

Stel Holdings Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 0.3708 crores during the period ended December 31, 2022 as compared to Rs. 3.2869 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1548 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.3485 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.08 for the period ended December 31, 2022 as compared to Rs. 1.27 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.3708 crs	₹3.2869 crs	-88.72%
Net Profit	₹0.1548 crs	₹2.3485 crs	-93.41%
EPS	₹0.08	₹1.27	-93.70%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.3708 crores during the period ended December 31, 2022 as compared to Rs.0.19 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1548 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0036 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.08 for the period ended December 31, 2022 as compared to Rs.-0.0019 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.3708 crs	₹0.19 crs	95.16%
Net Profit	₹0.1548 crs	₹-0.0036 crs	4,400.00%
EPS	₹0.08	₹-0.0019	4,310.53%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3.9734 crores during the 9 Months period ended December 31, 2022 as compared to Rs.7.1585 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.6035 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.4.9703 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.41 for the 9 Months period ended December 31, 2022 as compared to Rs.2.69 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3.9734 crs	₹7.1585 crs	-44.49%
Net Profit	₹2.6035 crs	₹4.9703 crs	-47.62%
EPS	₹1.41	₹2.69	-47.58%

Asset Quality:

Asset Quality	Q3 FY2023	Q2 FY2023	Q3 FY2022
Gross NPA	₹ crs	₹ crs	₹ crs
Gross NPA %	%	%	%
Net NPA	₹ crs	₹ crs	₹ crs
Net NPA %	%	%	%

Gross NPA was at ₹ crs in Q3 FY2023 against ₹ crs in Q3 FY2022. The same was at ₹ crs in Q2 FY2023.

Net NPA was at ₹ crs in Q3 FY2023 against ₹ crs in Q3 FY2022. The same was at ₹ crs in Q2 FY2023.

GNPA was at % of Gross advances as on December 31, 2022 as compared to % as on December 31, 2021 and % as of September 30, 2022.

Net NPA was at % of Gross advances as on December 31, 2022 as compared to % as on December 31, 2021 and % as of September 30, 2022.

Ratios	Q3 FY2023	Q2 FY2023	Q3 FY2022
RoA %	%	%	%
CAR (BASEL III) %	%	%	%

Return on Average Assets (RoA) is at % for Q3 FY2023 against % in Q2 FY2023 and % in Q3 FY2022.

In Q3 FY2023, Bank's total Capital Adequacy Ratio (CAR) was at %, as compared to % in Q2 FY2023 and % in Q3 FY2022.

Shares of Stel Holdings Limited was last trading in BSE at Rs. 138.70 as compared to the previous close of Rs. 133.05. The total number of shares traded during the day was 394 in over 31 trades.

The stock hit an intraday high of Rs. 138.85 and intraday low of 132.25. The net turnover during the day was Rs. 53851.00.

Source : Equity Bulls

Keywords

StelHoldings Q3FY23 9MFY23 ResultUpdate