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 ₹ 957 Cr.
- Current Price ₹ 207
- High / Low ₹ 263 / 100
- Stock P/E
- Book Value ₹ 2.80
- Dividend Yield 0.00 %
- ROCE -10.8 %
- ROE -36.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 74.0 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 -8.09% 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
Part of BSE SmallCap BSE Allcap BSE Industrials
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
63 | 47 | 26 | 36 | 42 | 26 | 37 | 16 | 9 | 11 | 12 | 8 | 8 | |
49 | 35 | 35 | 38 | 44 | 34 | 31 | 22 | 12 | 7 | 14 | 13 | 13 | |
Operating Profit | 15 | 12 | -10 | -2 | -3 | -8 | 6 | -6 | -2 | 4 | -2 | -5 | -5 |
OPM % | 23% | 26% | -37% | -6% | -7% | -30% | 16% | -35% | -24% | 35% | -16% | -68% | -70% |
1 | 1 | -0 | -21 | 4 | 5 | 2 | 3 | -4 | -2 | -9 | -11 | -12 | |
Interest | 5 | 4 | 3 | 2 | 3 | 3 | 1 | 1 | 1 | 3 | 3 | 3 | 4 |
Depreciation | 11 | 10 | 11 | 7 | 6 | 5 | 5 | 4 | 5 | 4 | 3 | 2 | 2 |
Profit before tax | 0 | -0 | -24 | -32 | -8 | -11 | 1 | -8 | -12 | -5 | -16 | -22 | -23 |
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 | -23 | |
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 | -5.00 |
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: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -5% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 89% |
3 Years: | 52% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | -10% |
5 Years: | -9% |
3 Years: | -8% |
Last Year: | -36% |
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 | 449 | |||||||
Cash Conversion Cycle | 270 | 1,580 | 886 | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 2,531 | 2,534 |
Working Capital Days | 7 | 39 | -214 | -34 | 11 | -63 | 52 | 92 | 632 | 465 | 31 | -784 |
ROCE % | 4% | 3% | -20% | -6% | -6% | -8% | 3% | -4% | -6% | 9% | -5% | -11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
27 Sep - AGM (26 Sep 2025): convert Rs6.95 crore loan into 6,95,000 preference shares; approve sale/lease of whole undertaking; director appointments.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
27 Sep - AGM e-voting: seven resolutions passed, including sale of undertaking and Rs6.95 crore loan-to-preference conversion.
- Closure of Trading Window 27 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
26 Sep - Approved conversion of INR 6,95,00,000 unsecured loans to preference shares; resolution to sell/lease company's undertaking; other AGM approvals.
-
30Th June 2025 Results
17 Sep - Board approved Q1 Jun 30, 2025 results: loss Rs 5,58.78 lakh; auditor qualified; director changes; proposed land sale.
Annual reports
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Financial Year 2025
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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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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