STEL Holdings Q1 Results: Net Loss Widens To ₹12.95 Lakh As Revenue Falls 86%
STEL Holdings Ltd posted a Q1FY27 standalone net loss of ₹12.95 lakh, contrasting with a ₹35.15 lakh profit in Q1FY26. Revenue fell to ₹9.79 lakh from ₹70.74 lakh. The Board approved the results on August 7, 2026, with statutory auditors G. Joseph & Associates providing a limited review. Consolidated losses were ₹13.06 lakh.
*this image is generated using AI for illustrative purposes only.
stel holdings reported a standalone net loss of ₹12.95 lakh for the first quarter ended June 30, 2026, marking a significant downturn from the net profit of ₹35.15 lakh recorded in the same quarter of FY26. The core investment company saw its revenue from operations plummet to ₹9.79 lakh, a sharp decline from ₹70.74 lakh in Q1FY25. This reversal highlights a challenging start to FY27 for the holding company, which primarily earns income through dividends, interest, and gains on investments.
The Board of Directors approved the unaudited standalone and consolidated financial results during a meeting held on August 7, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, G. Joseph & Associates, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consolidated net loss stood at ₹13.06 lakh, slightly higher than the standalone figure.
Financial Performance Overview
The company’s total income dropped to ₹9.79 lakh in Q1FY27, compared to ₹70.74 lakh in Q1FY25. While employee benefits expense decreased to ₹2.73 lakh from ₹3.26 lakh, other expenses remained elevated at ₹18.21 lakh against ₹18.84 lakh in the prior year. Depreciation and amortization expense was recorded at ₹0.98 lakh. The profit before tax turned negative at ₹(12.13) lakh, compared to a positive ₹47.51 lakh in Q1FY25.
| Particulars | Q1FY27 (Unaudited) | Q1FY26 (Unaudited) | FY26 (Audited) |
|---|---|---|---|
| Revenue from Operations | ₹9.79 lakh | ₹70.74 lakh | ₹2,743.21 lakh |
| Total Expenditure | ₹21.92 lakh | ₹23.23 lakh | ₹78.30 lakh |
| Profit Before Tax | ₹(12.13) lakh | ₹47.51 lakh | ₹2,664.91 lakh |
| Net Profit/(Loss) | ₹(12.95) lakh | ₹35.15 lakh | ₹1,986.44 lakh |
Tax provisions included a deferred tax provision of ₹0.82 lakh. The basic and diluted earnings per share (EPS) stood at ₹(0.07), down from ₹0.19 in the previous year’s corresponding quarter.
Comprehensive Income and Subsidiary Details
Despite the operational loss, the company reported a total comprehensive income of ₹13,688.14 lakh, driven by other comprehensive income items that will not be reclassified to profit or loss, amounting to ₹16,825.55 lakh. Deferred tax on these items added ₹3,124.46 lakh. In contrast, Q1FY26 showed a total comprehensive income of ₹19,928.72 lakh.
STEL Holdings operates as a core investment company with no reportable segments. Its wholly-owned subsidiary, Doon Doars Plantations Ltd, reported nil revenue and a net loss after tax of ₹0.10 lakh for the quarter ended June 30, 2026. The subsidiary’s financial results were not reviewed by their auditors but were considered immaterial to the group by management.
Historical Stock Returns for STEL Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.98% | -1.27% | -2.16% | +14.15% | +35.98% | +390.64% |
What specific strategic changes is STEL Holdings implementing to reverse the sharp decline in revenue from operations and stabilize dividend income?
How will the significant discrepancy between the operational net loss and the positive total comprehensive income impact investor confidence and share price valuation in the short term?
Given the subsidiary Doon Doars Plantations Ltd reported nil revenue, does management plan to divest, restructure, or inject capital to revive this asset?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
