Stel Holdings Limited has informed the Exchange regarding 'Board in its meeting held today have approved the amended code of conduct for board and smp, policy for determining material subsisidaries'.
STEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
STEL Holdings' board met on May 19, 2025 and approved audited financial results for Q4 and FY25 (ending March 31, 2025). Standalone revenue from operations rose to ₹2,190.74 lakhs in FY25 from ₹1,846.41 lakhs in FY24, while net profit grew to ₹1,587.77 lakhs from ₹1,328.25 lakhs, with EPS at ₹8.6 vs ₹7.2. The company is a Core Investment Company, and its investment portfolio expanded to ₹1,88,429.58 lakhs (from ₹1,56,656.27 lakhs), with other equity rising to ₹1,73,480.03 lakhs. However, Q4 FY25 saw a large other comprehensive loss of ₹9,369.66 lakhs due to mark-to-market valuation on investments, pulling down full-year total comprehensive income to ₹24,942.04 lakhs (vs ₹68,954.61 lakhs). Statutory auditors G. Joseph and Associates issued an unmodified (clean) opinion on both standalone and consolidated results. The board also appointed M/s. SEP & Associates as Secretarial Auditors for FY26–FY30, subject to shareholder approval, and amended the Code of Conduct and policy for determining material subsidiaries.
Operating performance improved with ~19% growth in both revenue and net profit, supporting a higher EPS for shareholders. However, the substantial negative mark-to-market movement on the investment portfolio in Q4 may cause short-term volatility in book value, though the overall investment base continues to grow strongly. The clean audit opinion and routine governance updates are positive for compliance standing.