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 ₹ 731 Cr.
- Current Price ₹ 158
- 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 12.5 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 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: | 28% |
| 5 Years: | 64% |
| 3 Years: | 55% |
| 1 Year: | 20% |
| 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 |
| Free Cash Flow | -7.81 | -7.68 | -15.52 | 4.35 | 8.38 | 0.77 | -0.10 | 9.53 | 4.46 | 5.69 | -6.96 | -15.54 |
| CFO/OP | 137% | 54% | 103% | 106% | 93% | 106% | 151% | 125% | 36% | 48% | 73% | 1,205% |
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% |
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 % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Reg 74(5) of the SEBI (DP) Regulations 2018 for the period ended 31.03.2026
- Results For The Quarter Ended 31St Dec 2025 15 Apr
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Board Meeting Outcome for Outcome Of Board Meeting Held On 15.04.2026 For Considering Unaudited Financial Results For The Quarter Ended 31St Dec 2025
15 Apr - Board approved Dec 31, 2025 results and sale of 3.8 acres land amid liquidity stress.
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Board Meeting Intimation for Board Meeting Intimation For Board Meeting To Consider Unaudited Quarterly Results For The Quarter Ended 31.12.2025
8 Apr - Board meets Apr 15, 2026 to approve Q3 results, AoA alteration, and preference share terms.
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Compliance On 31 (4) Of SEBI SAST Regulations
3 Apr - Promoter Valli Arun disclosed no additional encumbrance on SPEL Semiconductor shares for FY2026.
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 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