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 ₹ 12.7
- Dividend Yield 0.00 %
- ROCE -7.61 %
- ROE -15.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 16.4 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -14.9% over past five years.
- Company has a low return on equity of -12.5% over last 3 years.
- Company has high debtors of 158 days.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
46.29 | 53.90 | 72.81 | 81.00 | 87.16 | 91.46 | 79.78 | 80.77 | 63.39 | 47.20 | 25.85 | 35.67 | |
40.61 | 42.94 | 56.71 | 62.04 | 69.01 | 74.77 | 67.26 | 70.00 | 48.65 | 34.85 | 35.38 | 36.96 | |
Operating Profit | 5.68 | 10.96 | 16.10 | 18.96 | 18.15 | 16.69 | 12.52 | 10.77 | 14.74 | 12.35 | -9.53 | -1.29 |
OPM % | 12.27% | 20.33% | 22.11% | 23.41% | 20.82% | 18.25% | 15.69% | 13.33% | 23.25% | 26.17% | -36.87% | -3.62% |
6.69 | 1.19 | 3.67 | 2.25 | 1.48 | 1.61 | 0.86 | 1.23 | 1.14 | 1.38 | -0.33 | 2.63 | |
Interest | 1.23 | 1.46 | 2.79 | 3.24 | 2.14 | 1.73 | 3.25 | 5.84 | 4.71 | 4.05 | 3.05 | 2.67 |
Depreciation | 3.82 | 4.28 | 6.08 | 8.34 | 8.20 | 8.84 | 9.38 | 11.85 | 10.96 | 10.13 | 10.72 | 7.11 |
Profit before tax | 7.32 | 6.41 | 10.90 | 9.63 | 9.29 | 7.73 | 0.75 | -5.69 | 0.21 | -0.45 | -23.63 | -8.44 |
Tax % | 21.04% | 38.38% | 33.12% | 35.10% | 34.34% | 41.53% | 28.00% | -20.39% | -52.38% | -26.67% | -16.17% | 4.50% |
5.78 | 3.95 | 7.29 | 6.25 | 6.10 | 4.52 | 0.54 | -4.53 | 0.32 | -0.33 | -19.80 | -8.81 | |
EPS in Rs | 0.87 | 1.58 | 1.36 | 1.32 | 0.98 | 0.12 | -0.98 | 0.07 | -0.07 | -4.29 | -1.91 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -15% |
3 Years: | -17% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 49% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 89% |
3 Years: | 53% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -8% |
3 Years: | -13% |
Last Year: | -15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 45.45 | 45.45 | 46.13 | 46.13 | 46.13 | 46.13 | 46.13 | 46.13 | 46.13 | 46.13 | 46.13 | 46.13 |
Reserves | -1.44 | 2.99 | 34.08 | 34.62 | 40.71 | 45.24 | 45.98 | 41.18 | 41.51 | 40.87 | 21.07 | 12.25 |
19.62 | 29.07 | 46.76 | 44.30 | 29.40 | 35.28 | 38.65 | 33.10 | 30.34 | 27.30 | 16.16 | 28.23 | |
12.86 | 12.59 | 31.86 | 22.38 | 27.06 | 28.81 | 27.49 | 27.67 | 27.41 | 30.16 | 47.02 | 36.60 | |
Total Liabilities | 76.49 | 90.10 | 158.83 | 147.43 | 143.30 | 155.46 | 158.25 | 148.08 | 145.39 | 144.46 | 130.38 | 123.21 |
40.23 | 58.98 | 112.36 | 116.46 | 112.09 | 104.06 | 127.01 | 118.87 | 108.57 | 98.11 | 87.20 | 68.88 | |
CWIP | 18.87 | 8.70 | 0.23 | 0.32 | 0.33 | 14.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
17.39 | 22.42 | 46.24 | 30.65 | 30.88 | 37.40 | 31.24 | 29.21 | 36.82 | 46.35 | 43.18 | 54.33 | |
Total Assets | 76.49 | 90.10 | 158.83 | 147.43 | 143.30 | 155.46 | 158.25 | 148.08 | 145.39 | 144.46 | 130.38 | 123.21 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.48 | 5.49 | 15.14 | 19.06 | 16.33 | 15.19 | 18.23 | 13.24 | 5.12 | 5.81 | -6.96 | -15.54 | |
-15.23 | -13.08 | -30.41 | -14.24 | -7.18 | -14.23 | -17.71 | -3.36 | 1.48 | 0.38 | 0.91 | 6.83 | |
7.43 | 7.99 | 18.22 | -4.61 | -12.59 | 2.03 | -2.55 | -10.61 | -6.83 | -6.32 | 6.01 | 14.24 | |
Net Cash Flow | -0.32 | 0.40 | 2.95 | 0.21 | -3.44 | 2.99 | -2.03 | -0.73 | -0.23 | -0.13 | -0.05 | 5.53 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17.35 | 27.22 | 22.26 | 18.39 | 33.00 | 18.24 | 30.33 | 24.40 | 54.47 | 43.61 | 53.94 | 158.50 |
Inventory Days | 297.03 | 290.17 | 196.51 | 197.30 | 167.97 | 152.26 | 183.15 | 166.68 | 381.23 | 2,093.72 | 1,177.89 | 344.06 |
Days Payable | 258.46 | 150.71 | 95.12 | 103.97 | 108.22 | 86.56 | 81.38 | 97.81 | 166.72 | 557.55 | 345.15 | 351.87 |
Cash Conversion Cycle | 55.92 | 166.68 | 123.65 | 111.72 | 92.75 | 83.93 | 132.11 | 93.27 | 268.98 | 1,579.78 | 886.68 | 150.68 |
Working Capital Days | 23.34 | 69.14 | 60.96 | 53.80 | 54.48 | -46.57 | -31.11 | -37.69 | 7.14 | 39.13 | -214.48 | 20.06 |
ROCE % | 11.15% | 13.39% | 10.21% | 9.47% | 7.79% | 3.11% | 0.12% | 4.13% | 3.10% | -19.67% | -7.61% |
Documents
Announcements
-
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
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
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