Skip to content

Stel Holdings Limited (STEL)

Small Cap

Financial Services stocks · Small cap · NSE

Stel Holdings Limited operates in Holding, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹510.45
-26.00 · -4.85%
Market cap ₹1,049 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm IST
Details
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:24 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens

Trend score and candlestick chart

36Bearish

SMA20 -6.3% / mo · MACD −

Stock trend: 30
Sector RS: 45
Sector 3M: -5.7% vs Nifty 500 -5.6%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

STELD candles · FIT view+12.4%
Latest close ₹510.45 on 2026-10-21
Bar
-3.8%
RSI
34
MACD hist
-5.41
52W pos
41%
Visible chart range
Candle interval
2026-10-21O ₹530.70H ₹543.95L ₹505.40C ₹510.45Vol 5,290 sh
₹417.00₹488.49₹559.98₹631.46₹702.9552H₹510.452026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

STELNifty Financial ServicesNifty 500
-11%+1%+12%+23%21 Jul2 Sept21 Oct21 Oct 2026STEL -7.8%Nifty Financial Servi… -6.9%Nifty 500 -6.5%
STEL
-7.8%
Nifty 500
-6.5%
Nifty Financial Services
-6.9%
Vs Nifty 500
-1.3 pp
Chart stats
21 Oct 2026
From 52W high
-26.0%
₹690
52W range position
41%
₹385.1 - ₹690
ATR (14)
6.1%
₹31.2
Volume vs 20D
1.16x
Latest completed session
Avg traded value
₹0.2 Cr
20-session average
20D price channel
₹505.4 - ₹684
50.3% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST
34

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Bad
0

Revenue -85.9% · PAT -137.1% YoY

Technical
Bearish
36

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-88.3%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
63

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Bad · 0/100

Rev -86% YoY · PAT -137% YoY · margin compression

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹0.1 Cr-85.9%-61.5%
EBITDA₹-0.1 Cr-122.9%-320.0%
Operating margin-110.0%-17761 bps-12923 bps
PAT₹-0.1 Cr-137.1%-125.0%
PAT margin-130.0%-17930 bps-33000 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
53.50
P/B
0.65
EV/EBITDA
40.35
Market Cap
1049.00Cr

Profitability

ROE
1.18%
ROCE
1.58%
ROA
1.17%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
17.00%
EPS 5Y
18.00%
Revenue 3Y
17.00%
EPS 3Y
17.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
—
Altman Z
7.70
Book Value
872.00

Cash Flow

FCF Yield
—
FCF Positive Y
6/5
OCF
-6.00 Cr
EPS TTM
10.63

Shareholding

Promoter Hold
72.05%
Promoter Pledge
0.00%
Momentum 52W
56%

Financial History

Updated 21/10/2026

Revenue

₹ Cr
Latest: 0.1-61.5% vs prev
017.2Sep 2023: 4.2Dec 2023: 0.3Mar 2024: 13.5Jun 2024: 0.4Sep 2024: 7.8Dec 2024: 0.3Mar 2025: 13.4Jun 2025: 0.7Sep 2025: 9.3Dec 2025: 17.2Mar 2026: 0.3Jun 2026: 0.1Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: -0.1-125.0% vs prev
-0.1012.6Sep 2023: 3.0Dec 2023: 0.1Mar 2024: 10.0Jun 2024: 0.1Sep 2024: 5.7Dec 2024: 0.1Mar 2025: 10.0Jun 2025: 0.3Sep 2025: 6.7Dec 2025: 12.6Mar 2026: 0.5Jun 2026: -0.1Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 34.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~6.7% over last month) — short-term momentum negative.
  • RSI(14) at 34 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 26% off 52W high · 33% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

78
RS percentile
Stage 1 Base / Transition
1M return
-23.0%
3M return
-7.8%
6M return
+8.9%
1Y return
+24.8%
RS 1D
-1
RS 20D
-9
Sector rank
#10
Industry rank
#38
Stage evidence
  • Price is within 4.8% of the 30-week proxy.
  • The 30-week proxy changed +2.3% over 20 sessions.
  • The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
weakening
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 122.17-3.96%
85102120138155Sept 25Feb 26Jun 26Oct 26122
RS vs Nifty 500122

Valuation & peers

U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies

34U-SCORE
WATCHLIST

Fundamental score breakdown

U band · WATCHLIST
Valuation3/30
Growth14/25
Quality0/20
Balance Sheet11/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
34

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

34/100 · legacy band WATCHLIST

Positive drivers

  • Balance sheet contributes 11/15 to the score.
  • Growth contributes 14/25 to the score.
  • Cash flow contributes 3/10 to the score.

Main drags

  • Fair-value margin of safety is negative at -88.3%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
  • Valuation is weaker at 3/30; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
53.5
PB
0.7
EV/EBITDA
40.4
ROE
1.2%
ROCE
1.6%
FCF Yield
—
Debt/Equity
0.0
MoS
-88.3%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
34
Previous: 34
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-88.3%
Previous: -97.9%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
34
34
34
34
34
34
34
34
34
34
34
34

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹456.68
-11.8% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹271.07
-88.3% MoS
PEG
3.04

Comparable companies

Peers

Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
INDPRUD
Small
Industrial & Prudential Investment Company Limited
Holding Company
match 89
47
17.5
7.7%
+32%
FAIR VALUE
WELINV
Small
Welspun Investments and Commercials Limited
Holding Company
match 89
33
294.0
0.4%
-715%
WATCHLIST
CONSOFINVT
Small
Consolidated Finvest & Holdings Limited
Holding Company
match 87
51
16.9
5.0%
+33%
FAIR VALUE
VHL
Small
Vardhman Holdings Limited
Holding Company
match 87
63
4.5
5.9%
+84%
UNDERVALUED
FEDDERSHOL
Small
Fedders Holding Limited
Holding Company
match 86
51
17.0
11.6%
+45%
FAIR VALUE

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Stel Holdings Limited operates in Holding, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
63Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 55th percentile within Financial Services. Main check: results consistency is weak at 31/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
5 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
38th percentile

overall median 67 · Financial Services: 55th pctile, median 62 · Small: 43rd pctile, median 66

Evidence depth
Financial-only

5 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
90
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
48
watch · capital discipline
Results
31
weak · quarterly consistency

Trust positives

  • ▸Promoter holding is 72.1%.
  • ▸Promoter pledge is zero.
  • ▸Promoter holding increased 1.2%.
  • ▸6 years of positive FCF.

Trust risks

  • ▸Operating cash flow is negative at ₹-6 Cr.
  • ▸2 latest quarters had PAT decline worse than 25% YoY.
  • ▸ROCE is low at 1.6%.
  • ▸ROE is low at 1.2%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

6 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Sep - Pursuant to regulation 30 of SEBI(LODR)Regulations,2015 , please find the enclosed copy of newspaper advertisements published regarding the information on Notice of the 36th Annual …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Aug - Attaching herewith the newspaper advertisement appeared in Todays Financial Express (English Newspaper) and Deshabhimani (Malayalam Newspaper) regarding Unaudited Financial results for ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 28 May - Attaching herewith the newspaper advertisement appeared in Todays Financial Express (English Newspaper) and Deshabhimani (Malayalam Newspaper) regarding audited Financial results for the quarter and year …

Source: Bse

Open source ↗
Annual report

INTIMATION OF 36TH ANNUAL GENERAL MEETING OF THE COMPANY AND NOTICE OF THE 36TH AGM ALONGWITH ANNUAL REPORT FOR THE FY 2025-26 1 Sep

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.