# Starch — company-by-company sector analysis > Starch: Regaal Resources Ltd owns the largest revenue base AND the fastest current growth. Sector Alpha — machine-written from the numbers. Data as of 2026-08-16. Not investment advice. ## Bottom line The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Regaal Resources Ltd leads with revenue of ₹1,090 crore, based on 1 of 1 comparable companies through Jun 2026. Regaal Resources Ltd has the fastest current revenue growth at 12.6%, across 1 of 1 comparable companies. ## Sector relative strength The 52-week comparison of Starch against NIFTY 500 is not available from the current market series. Over 13 weeks the gap is a lead of 5.8%. 1 of 1 covered company currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is broad. 13-week sector return versus NIFTY 500: 5.8% 52-week sector return versus NIFTY 500: — Stocks leading NIFTY: 1/1 Stocks leading sector: 0/0 Central tension: The central tension: current leadership is concentrated, so durability matters more than rank. Companies: 1 Combined market value: ₹886 Cr ## 4-Factor Sector Score An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment. 1. Regaal Resources Ltd (REGAAL): 55/100 — Mixed-positive evidence; evidence 62% - Growth & earnings 22.5/35 | Capital efficiency 11.2/25 | Valuation 10.0/20 | Relative strength 11.6/20 - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind. - Led NIFTY 500 by 5%+ over the prior 13 weeks in 4 of 10 weeks with a reading, within the last 12 - Exact sum: 22.5 + 11.2 + 10 + 11.6 = 55.3 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. ## Market action Regaal Resources Ltd has the strongest one-year price move in Starch at -30.7%. It also leads on Mansfield relative strength against NIFTY at +3.3%. 1 of 1 covered company is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14. ### Strongest one-year price performers 1. Regaal Resources Ltd (REGAAL): -31% ### Strongest relative strength versus NIFTY 500 1. Regaal Resources Ltd (REGAAL): 3.3% ## Revenue Scale & Growth Durability What the numbers say: Regaal Resources Ltd is the scale leader at ₹1,090 crore, Regaal Resources Ltd's growth is 12.6% from a ₹1,090 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale. Investor read: Regaal Resources Ltd is the scale benchmark; Regaal Resources Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns. This conclusion weakens if: Regaal Resources Ltd's growth falls below Regaal Resources Ltd's for two consecutive comparable reports while operating margin also compresses. Evidence: Regaal Resources Ltd · ₹1,090 crore | Not enough peers | 3/5 recent comparable periods | 1/1 companies · 9 observations Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress. ### Revenue — largest 1. Regaal Resources Ltd (REGAAL): ₹1.1K Cr ### Revenue growth — fastest growers 1. Regaal Resources Ltd (REGAAL): 13% ### 14-quarter Revenue history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 ₹195 Cr | Sep 2024 ₹205 Cr | Dec 2024 ₹257 Cr | Mar 2025 ₹259 Cr | Jun 2025 ₹247 Cr | Sep 2025 ₹320 Cr | Dec 2025 ₹323 Cr | Mar 2026 ₹245 Cr | Jun 2026 ₹202 Cr ### 14-quarter Revenue growth history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 27% | Sep 2025 56% | Dec 2025 26% | Mar 2026 -5.4% | Jun 2026 -18% ## Operating Economics & Margin Trend What the numbers say: Regaal Resources Ltd leads both opm at 15% and margin change at +5 percentage points. Investor read: Regaal Resources Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current margin change signal. Evidence: Regaal Resources Ltd · 15% | Not enough peers | 2/5 recent comparable periods | 1/1 companies · 9 observations Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth. ### OPM — highest 1. Regaal Resources Ltd (REGAAL): 15% ### Margin change — fastest expanders 1. Regaal Resources Ltd (REGAAL): +5.0 pp ### 14-quarter OPM history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 12% | Sep 2024 15% | Dec 2024 12% | Mar 2025 10% | Jun 2025 10% | Sep 2025 11% | Dec 2025 11% | Mar 2026 13% | Jun 2026 15% ### 14-quarter Margin change history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 −2.0 pp | Sep 2025 −4.0 pp | Dec 2025 −1.0 pp | Mar 2026 +3.0 pp | Jun 2026 +5.0 pp ## Profit Scale & Acceleration What the numbers say: Regaal Resources Ltd leads with ₹60 crore of TTM profit, Regaal Resources Ltd shows 27.7% growth from a ₹60 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale. Investor read: Regaal Resources Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current profit growth signal. Evidence: Regaal Resources Ltd · ₹60 crore | Not enough peers | 3/5 recent comparable periods | 1/1 companies · 9 observations Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank. ### Net profit — largest 1. Regaal Resources Ltd (REGAAL): ₹60 Cr ### Profit growth — fastest growers 1. Regaal Resources Ltd (REGAAL): 28% ### 14-quarter Net profit history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 ₹9 Cr | Sep 2024 ₹13 Cr | Dec 2024 ₹14 Cr | Mar 2025 ₹11 Cr | Jun 2025 ₹9 Cr | Sep 2025 ₹17 Cr | Dec 2025 ₹13 Cr | Mar 2026 ₹17 Cr | Jun 2026 ₹13 Cr ### 14-quarter Profit growth history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 0.0% | Sep 2025 31% | Dec 2025 -7.1% | Mar 2026 55% | Jun 2026 44% ## Return On Capital Employed What the numbers say: Regaal Resources Ltd leads ROCE at 12%. Regaal Resources Ltd has the strongest latest improvement at -5.4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability. Investor read: Regaal Resources Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current roce change signal. Evidence: Regaal Resources Ltd · 12% | Not enough peers | 1/2 recent comparable periods | 1/1 companies · 6 observations Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability. ### ROCE — highest 1. Regaal Resources Ltd (REGAAL): 12% ### ROCE change — fastest improvers 1. Regaal Resources Ltd (REGAAL): −5.4 pp ### 14-quarter ROCE history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 5.2% | Sep 2024 — | Dec 2024 — | Mar 2025 18% | Jun 2025 21% | Sep 2025 13% | Dec 2025 17% | Mar 2026 12% | Jun 2026 — ### 14-quarter ROCE change history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 +15.5 pp | Sep 2025 — | Dec 2025 — | Mar 2026 −5.4 pp | Jun 2026 — ## Valuation Against Growth & Quality What the numbers say: There is not enough comparable evidence to name a reliable peg leader. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/e signal. Evidence: No comparable leader | Not enough peers | Not enough history | 0/1 companies · 0 observations Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing. ### PEG — lowest PEG ### P/E — lowest P/E 1. Regaal Resources Ltd (REGAAL): 13.6 ### 14-quarter PEG history ### 14-quarter P/E history - REGAAL: Mar 2020 — | Mar 2021 — | Mar 2022 — | Mar 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 15.2 | Dec 2025 12.1 | Mar 2026 10.6 | Jun 2026 13.3 ## What can make this comparison misleading? - A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason. - A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment. - The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed. - An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion. - 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears. - Thin comparisons: Valuation have fewer than three usable current readings. ## Every company - Regaal Resources Ltd (REGAAL) — market value ₹886 Cr; latest fundamentals Jun 2026; includes UNVERIFIED second-feed figures ## Source standing of each company Cross-checked: 0. Unverified: 1. Withheld: 0. Graded companies: 1. 1 of 1 company draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. - UNVERIFIED | REGAAL | Regaal Resources Ltd | too little overlapping reported history to cross-check the second feed ## Methodology and freshness Fundamentals through Jun 2026; prices through 2026-08-14. Up to 14 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable. ## Frequently asked questions ### Is the Starch sector outperforming NIFTY 500? The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500. ### Which Starch company is largest by revenue? Regaal Resources Ltd leads with revenue of ₹1,090 crore, based on 1 of 1 comparable companies through Jun 2026. ### Which Starch company is growing fastest? Regaal Resources Ltd has the fastest current revenue growth at 12.6%, across 1 of 1 comparable companies. ### Which Starch company has the strongest 4-Factor Sector Score? Regaal Resources Ltd ranks first at 55.3/100 with 62% evidence confidence. The score prioritizes research; it is not a buy recommendation. ### How much history does this Starch comparison include? The page compares up to 14 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated. ### How is the 4-Factor Sector Score calculated? The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral. ### Is there a Nifty Starch index? NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Starch, this page builds its own equal-weight basket of 1 listed Starch companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026. ### Which are the best Starch stocks in India? Ranked by this page's four-factor score, Regaal Resources Ltd places first among 1 listed Starch companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser. ### How many Starch stocks are listed in India? This comparison covers 1 listed Starch companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026. ### Which Starch company is the biggest? Regaal Resources Ltd is the largest, with trailing-twelve-month revenue of ₹1,090 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026. ### Which Starch company has the best profit margins? Regaal Resources Ltd has the highest operating margin at 15%, from 1 of 1 comparable companies. Regaal Resources Ltd shows the biggest recent improvement, at +5 percentage points. A high margin matters most when it is holding or rising, not when it is peaking. ### Which Starch company makes the most profit? Regaal Resources Ltd earns the most, at ₹60 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Regaal Resources Ltd has the fastest profit growth at 27.7%, though growth off a small or recovering profit base overstates how much has actually changed. ### Which Starch company earns the highest return on capital? Regaal Resources Ltd leads on return on capital employed at 12%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year. ### Which Starch stock has the strongest price momentum? Regaal Resources Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all. ### Which Starch company scores highest for research priority? Regaal Resources Ltd scores 55.3 out of 100 with 62% evidence confidence, from 22.5 points on growth and earnings, 11.2 on capital efficiency, 10 on valuation and 11.6 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research. ### How many Starch companies does this comparison cover, and over what period? It compares 1 listed companies over up to 14 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data. ### What is the total market cap of the Starch sector? The 1 Starch companies on this page carry ₹886 crore of combined market value. Regaal Resources Ltd is the largest at ₹886 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-16. ### How is the Starch sector performing? 1 of the 1 covered Starch companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-08-16. ### Why are some values on this page blank? A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad. ### Is this investment advice? No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.