STEL Holdings Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, demonstrating remarkable growth across key financial metrics. The Board of Directors approved these results at their meeting held on January 28, 2026.

Financial Performance Highlights

The company delivered exceptional performance in Q3FY26 with substantial year-over-year growth. Revenue from operations surged dramatically, while profitability showed significant improvement across all reporting periods.

Nine Months Performance

For the nine months ended December 31, 2025, STEL Holdings maintained strong momentum with revenue from operations reaching Rs 2,647.46 lacs compared to Rs 846.85 lacs in the corresponding previous period. Net profit for the nine-month period stood at Rs 2,536.01 lacs versus Rs 589.97 lacs in the previous year.

Operational Efficiency

The company maintained lean operational expenses during Q3FY26, with total expenditure of Rs 15.02 lacs compared to Rs 17.15 lacs in Q3FY25. Employee benefits expense decreased to Rs 3.98 lacs from Rs 4.44 lacs, while other expenses reduced to Rs 9.98 lacs from Rs 11.45 lacs in the corresponding previous quarter.

Leadership Changes

The Board approved significant changes in key management personnel. Ms. Lakshmi P.S., the outgoing Company Secretary and Compliance Officer, will step down effective February 28, 2026. Ms. Sruthi Sindhu has been appointed as the new Company Secretary and Compliance Officer effective March 01, 2026.

Business Profile

STEL Holdings operates as a Core Investment Company, generating income through dividends, interest, and gains on investments. The company's business activities fall within a single segment, with no separate reportable segments. As of December 31, 2025, the company maintains Doon Dooars Plantations Ltd as its wholly owned subsidiary.

Consolidated Results

The consolidated financial results showed similar strong performance, with revenue from operations of Rs 1,693.77 lacs in Q3FY26 and net profit of Rs 447.01 lacs. For the nine months ended December 31, 2025, consolidated revenue reached Rs 2,647.46 lacs with net profit of Rs 693.25 lacs.

STEL Holdings Limited has announced the acquisition of 18,850 equity shares of CEAT Limited through a market purchase transaction completed on January 22, 2026. The company disclosed this acquisition under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Details

The acquisition represents a strategic investment by STEL Holdings in CEAT Limited, with the following key parameters:

Company Background and Relationship

STEL Holdings Limited operates as an unregistered Core Investment Company and is a member of the promoter group of CEAT Limited. The company already holds 3.66% of CEAT's shares, making this acquisition part of its ordinary course of business. The transaction was executed through market purchase at prevailing stock exchange prices and does not constitute a related party transaction.

About CEAT Limited

CEAT Limited stands as one of India's leading tyre brands with significant global presence. The company's operational highlights include:

Financial Performance

CEAT Limited has demonstrated consistent revenue growth over the past three years:

The company serves diverse automotive segments including passenger and utility vehicles, two and three-wheelers, commercial vehicles, and off-highway vehicles with world-class products.

Regulatory Compliance

The acquisition required no governmental or regulatory approvals beyond standard market transaction procedures. STEL Holdings completed the necessary disclosures as mandated under SEBI regulations, ensuring full compliance with listing obligations and disclosure requirements.