Spel Semiconductor Ltd
Incorporated in 1984, SPEL Semiconductor Ltd is in the business of wafer sort, assembly, test and drop-shipment services of IC chips[1]
- Market Cap ₹ 628 Cr.
- Current Price ₹ 136
- High / Low ₹ 268 / 100
- Stock P/E
- Book Value ₹ 2.80
- Dividend Yield 0.00 %
- ROCE -11.5 %
- ROE -36.9 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 48.6 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -26.5% over past five years.
- Company has a low return on equity of -8.24% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
63 | 47 | 26 | 36 | 42 | 26 | 37 | 16 | 9 | 11 | 12 | 8 | |
49 | 35 | 35 | 38 | 44 | 34 | 31 | 22 | 12 | 7 | 14 | 14 | |
Operating Profit | 15 | 12 | -10 | -2 | -3 | -8 | 6 | -6 | -2 | 4 | -2 | -6 |
OPM % | 23% | 26% | -37% | -6% | -7% | -30% | 16% | -35% | -24% | 35% | -16% | -72% |
1 | 1 | -0 | -21 | 4 | 5 | 2 | 3 | -4 | -2 | -9 | -11 | |
Interest | 5 | 4 | 3 | 2 | 3 | 3 | 1 | 1 | 1 | 3 | 3 | 3 |
Depreciation | 11 | 10 | 11 | 7 | 6 | 5 | 5 | 4 | 5 | 4 | 3 | 2 |
Profit before tax | 0 | -0 | -24 | -32 | -8 | -11 | 1 | -8 | -12 | -5 | -16 | -22 |
Tax % | -60% | -27% | -16% | -5% | 2% | -2% | 21% | 2% | 2% | -32% | 3% | -2% |
0 | -0 | -20 | -31 | -8 | -11 | 1 | -9 | -13 | -3 | -17 | -21 | |
EPS in Rs | 0.07 | -0.08 | -4.29 | -6.64 | -1.84 | -2.33 | 0.23 | -1.87 | -2.77 | -0.67 | -3.64 | -4.56 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -16% |
5 Years: | -26% |
3 Years: | -6% |
TTM: | -35% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -6% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 100% |
3 Years: | 37% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | -10% |
5 Years: | -9% |
3 Years: | -8% |
Last Year: | -37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 42 | 41 | 21 | 49 | 41 | 31 | 33 | 26 | 7 | 3 | -13 | -33 |
30 | 27 | 16 | 28 | 25 | 22 | 28 | 30 | 31 | 25 | 28 | 31 | |
27 | 30 | 47 | 51 | 58 | 64 | 75 | 64 | 88 | 89 | 85 | 84 | |
Total Liabilities | 145 | 144 | 130 | 175 | 170 | 163 | 182 | 166 | 172 | 164 | 146 | 128 |
109 | 98 | 87 | 133 | 126 | 122 | 117 | 113 | 87 | 78 | 75 | 72 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
37 | 46 | 43 | 42 | 44 | 41 | 65 | 54 | 85 | 86 | 71 | 56 | |
Total Assets | 145 | 144 | 130 | 175 | 170 | 163 | 182 | 166 | 172 | 164 | 146 | 128 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 6 | -7 | -29 | -6 | 4 | -7 | -2 | -22 | -3 | -9 | -2 | |
1 | 0 | 1 | 26 | 7 | 1 | 1 | 1 | 21 | 12 | 9 | 1 | |
-7 | -6 | 6 | 8 | -6 | -5 | 5 | 1 | 1 | -8 | 0 | 0 | |
Net Cash Flow | -0 | -0 | -0 | 6 | -6 | 0 | 0 | -0 | 0 | 0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 44 | 54 | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 36 | 36 |
Inventory Days | 381 | 2,094 | 1,178 | 2,838 | 2,947 | |||||||
Days Payable | 166 | 558 | 346 | 343 | 451 | |||||||
Cash Conversion Cycle | 270 | 1,580 | 886 | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 2,531 | 2,533 |
Working Capital Days | 53 | 117 | 14 | 119 | 114 | 58 | 163 | 339 | 883 | 668 | 284 | -298 |
ROCE % | 4% | 3% | -20% | -6% | -6% | -8% | 3% | -4% | -6% | 9% | -5% | -12% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for FY25; past minor filing delays and fines noted; no new major events.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 May - Newspaper advertisement for audited financial results for the quarter and year ended 31.03.2025
-
Announcement under Regulation 30 (LODR)-Change in Management
24 May - Appointment of Mr. Parthasarathy as CFO effective May 24, 2025, due to vacancy.
-
Integrated Filing (Financial)
24 May - SPEL reports Rs 21 Cr loss, auditor qualifies going concern due to losses, plans land sale and incentives.
- AUDITED RESULTS FOR THE QUARTER ENDED 31.3.2025 24 May
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Holding Company:[1]
Natronix Semiconductor Technology Pvt Ltd, headquartered in Singapore and a member of the Valingro Group has its OSAT presence in India through its subsidiary, SPEL Semiconductor Ltd