STEL Holdings Limited , a core investment company, has reported robust financial results for the second quarter of fiscal year 2026, while also seeing a significant increase in shareholding by its major stakeholder.

Financial Performance

STEL Holdings Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company's performance shows a substantial improvement compared to the previous quarter and the same period last year.

The company's revenue from operations in Q2 FY2026 stood at Rs. 906.68 lakhs, a significant increase from Rs. 47.00 lakhs in the previous quarter. The net profit for the quarter was Rs. 665.80 lakhs, compared to Rs. 10.72 lakhs in Q1 FY2026 and Rs. 571.72 lakhs in Q2 FY2025.

Dividend Income Boost

A major contributor to the company's strong performance was the dividend income, which amounted to Rs. 857.67 lakhs in Q2 FY2026. This substantial dividend income significantly boosted the company's total revenue for the quarter.

Increase in Shareholding

In a separate development, Secura India Trust, led by trustee Harsh Vardhan Goenka, has increased its shareholding in STEL Holdings Limited. The trust's stake in the company has risen from 67.33% to 69.33% through open market purchases.

The acquisition involved purchasing 3,69,211 equity shares, representing 2.00% of the total share capital. These purchases were made between June 2024 and March 2025 by various entities acting in concert with the trust, including Digidrive Distributors Limited and Lebnitze Real Estates Private Limited.

Other Key Points

• The Board of Directors has approved changes in the Policy for Determining Materiality of Events.
• STEL Holdings Limited's total assets stood at Rs. 2,03,279.39 lakhs as of September 30, 2025, compared to Rs. 1,91,261.74 lakhs as of March 31, 2025.
• The company's other equity increased to Rs. 1,83,722.22 lakhs from Rs. 1,73,480.03 lakhs over the same period.

The financial results and the increase in shareholding by Secura India Trust indicate a positive outlook for STEL Holdings Limited.

STEL Holdings Limited , a Core Investment Company, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing robust performance and strategic developments.

Financial Highlights

The company reported impressive financial results for Q2 FY2026:

STEL Holdings' revenue from operations increased by 16.59% year-over-year, primarily driven by a substantial dividend income of Rs. 857.67 lakhs. The company's total income for the quarter stood at Rs. 926.55 lakhs, marking a 19.14% increase compared to the same period last year.

Net profit for Q2 FY2026 reached Rs. 664.52 lakhs on a consolidated basis, representing a 16.27% growth from the previous year. This growth in profitability is reflected in the company's earnings per share (EPS), which improved from Rs. 3.10 in Q2 FY2025 to Rs. 3.60 in Q2 FY2026.

Half-Year Performance

For the half-year ended September 30, 2025, STEL Holdings reported:

• Total income of Rs. 997.29 lakhs
• Net profit of Rs. 699.41 lakhs
• EPS of Rs. 3.79

Balance Sheet Strength

As of September 30, 2025, STEL Holdings' consolidated balance sheet showed:

• Total assets of Rs. 2,03,268.48 lakhs, up from Rs. 1,91,251.06 lakhs as of March 31, 2025
• Investments valued at Rs. 2,00,316.26 lakhs, indicating a strong investment portfolio

Policy Changes

In addition to the financial results, the Board of Directors approved changes to the Policy for Determining Materiality of Events. This move is expected to enhance the company's corporate governance practices and improve transparency in its disclosures.

Management Commentary

Abraham Ittiyipe, Whole-time Director of STEL Holdings Limited, stated, "Our strong performance this quarter reflects the robustness of our investment strategy and the quality of our portfolio. The significant dividend income underscores the value we derive from our strategic investments. We remain committed to creating long-term value for our shareholders while maintaining a prudent approach to investment management."

STEL Holdings Limited continues to operate as a Core Investment Company, deriving its income primarily through dividends, interest, and gains from investments. The company's focus on strategic investments and efficient capital allocation has contributed to its consistent financial performance.

Investors and stakeholders can access more detailed information about the financial results and policy changes on the company's website at www.stelholdings.com .