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 ₹ 726 Cr.
- Current Price ₹ 157
- High / Low ₹ 263 / 108
- Stock P/E
- Book Value ₹ 0.66
- Dividend Yield 0.00 %
- ROCE 0.12 %
- ROE -62.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 238 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -17.0% over past five years.
- Company has a low return on equity of -27.9% over last 3 years.
- Company's cost of borrowing seems high
* 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 Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 26 | 36 | 42 | 26 | 37 | 16 | 9 | 11 | 12 | 8 | 6 | |
| 35 | 35 | 38 | 44 | 34 | 31 | 22 | 12 | 7 | 14 | 13 | 7 | |
| Operating Profit | 12 | -10 | -2 | -3 | -8 | 6 | -6 | -2 | 4 | -2 | -5 | -1 |
| OPM % | 26% | -37% | -6% | -7% | -30% | 16% | -35% | -24% | 35% | -16% | -68% | -17% |
| 1 | -0 | -21 | 4 | 5 | 2 | 3 | -4 | -2 | -9 | -11 | -17 | |
| Interest | 4 | 3 | 2 | 3 | 3 | 1 | 1 | 1 | 3 | 3 | 3 | 5 |
| Depreciation | 10 | 11 | 7 | 6 | 5 | 5 | 4 | 5 | 4 | 3 | 2 | 1 |
| Profit before tax | -0 | -24 | -32 | -8 | -11 | 1 | -8 | -12 | -5 | -16 | -22 | -24 |
| Tax % | -27% | -16% | -5% | 2% | -2% | 21% | 2% | 2% | -32% | 3% | -2% | 0% |
| -0 | -20 | -31 | -8 | -11 | 1 | -9 | -13 | -3 | -17 | -21 | -24 | |
| EPS in Rs | -0.08 | -4.29 | -6.64 | -1.84 | -2.33 | 0.23 | -1.87 | -2.77 | -0.67 | -3.64 | -4.56 | -5.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -17% |
| 3 Years: | -17% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 3% |
| 3 Years: | % |
| TTM: | 40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 58% |
| 3 Years: | 57% |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -12% |
| 3 Years: | -28% |
| Last Year: | -63% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 41 | 21 | 49 | 41 | 31 | 33 | 26 | 7 | 3 | -13 | -33 | -43 |
| 27 | 16 | 28 | 25 | 22 | 28 | 30 | 31 | 25 | 28 | 31 | 21 | |
| 30 | 47 | 51 | 58 | 64 | 75 | 64 | 88 | 89 | 85 | 84 | 91 | |
| Total Liabilities | 144 | 130 | 175 | 170 | 163 | 182 | 166 | 172 | 164 | 146 | 128 | 115 |
| 98 | 87 | 133 | 126 | 122 | 117 | 113 | 87 | 78 | 75 | 72 | 74 | |
| 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 |
| 46 | 43 | 42 | 44 | 41 | 65 | 54 | 85 | 86 | 71 | 56 | 41 | |
| Total Assets | 144 | 130 | 175 | 170 | 163 | 182 | 166 | 172 | 164 | 146 | 128 | 115 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | -7 | -29 | -6 | 4 | -7 | -2 | -22 | -3 | -9 | -2 | 13 | |
| 0 | 1 | 26 | 7 | 1 | 1 | 1 | 21 | 12 | 9 | 1 | 2 | |
| -6 | 6 | 8 | -6 | -5 | 5 | 1 | 1 | -8 | 0 | 0 | -15 | |
| Net Cash Flow | -0 | -0 | 6 | -6 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 6 | -7 | -29 | -6 | 4 | -7 | -2 | -2 | 7 | -1 | -2 | 13 |
| CFO/OP | 48% | 73% | 1,356% | 227% | -51% | -112% | 42% | 972% | -78% | 453% | 31% | -1,212% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44 | 54 | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 36 | 36 | 34 |
| Inventory Days | 2,094 | 1,178 | 2,838 | 2,947 | 716 | |||||||
| Days Payable | 558 | 346 | 343 | 449 | 790 | |||||||
| Cash Conversion Cycle | 1,580 | 886 | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 2,531 | 2,534 | -41 |
| Working Capital Days | 39 | -214 | -34 | 11 | -63 | 52 | 92 | 632 | 465 | 31 | -784 | -2,053 |
| ROCE % | 3% | -20% | -6% | -6% | -8% | 3% | -4% | -6% | 9% | -5% | -11% | 0% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Sales Mix % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
21 May - Newspaper advertisement for the Audited Financial statements for the Quarter ended 31st March , 2026 .
- AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2026 19 May
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Announcement under Regulation 30 (LODR)-Change in Management
19 May - CFO Mr. Thiruvenkatachari Parthasarathy removed effective May 19, 2026 due to continuous absence.
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Board Meeting Outcome for Audited Results Along With Report
19 May - Board approved FY26 audited results with qualified opinion, continued factory suspension, and CFO termination on May 19, 2026.
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Board Meeting Intimation for Meeting Scheduled To Be Held On Tuesday, May 19, 2026 To Consider And Approve Audited Standalone Financial Results Of The Company For The Quarter And Year Ended Mar 31, 2026.
12 May - Board meets May 19, 2026 to approve audited Q4 and FY26 standalone results; trading window closed.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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