Spectrum Electrical Industries Ltd
Spectrum Electrical Industries Limited, incorporated in 1995, is engaged in the business of Injection Moulding, manufacturing of Electrical Press Components and Surface treatment of Automobile, Electrical and Stamped parts. [1]
- Market Cap ₹ 2,618 Cr.
- Current Price ₹ 1,678
- High / Low ₹ 2,520 / 1,281
- Stock P/E 123
- Book Value ₹ 114
- Dividend Yield 0.06 %
- ROCE 16.5 %
- ROE 14.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 21.9% CAGR over last 5 years
Cons
- Stock is trading at 14.7 times its book value
- Company has a low return on equity of 11.9% over last 3 years.
- Debtor days have increased from 69.3 to 91.1 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 2 | 7 | 120 | 147 | 141 | 151 | 251 | 253 | 322 | 352 | |
0 | 0 | 0 | 2 | 5 | 103 | 129 | 126 | 133 | 226 | 230 | 284 | 305 | |
Operating Profit | 0 | 0 | 0 | 0 | 1 | 16 | 18 | 15 | 19 | 25 | 23 | 38 | 47 |
OPM % | 23% | 19% | 14% | 12% | 10% | 12% | 10% | 9% | 12% | 13% | |||
0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 5 | 6 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 3 | 6 | 8 | 7 | 9 | 10 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 4 | 6 | 6 | 6 | 8 | 9 | 9 | 8 |
Profit before tax | 0 | 0 | 0 | 0 | 1 | 8 | 10 | 6 | 8 | 11 | 12 | 27 | 29 |
Tax % | 23% | 20% | 27% | 28% | 28% | 28% | 28% | 28% | 28% | ||||
0 | 0 | 0 | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | 21 | |
EPS in Rs | 0.00 | 0.00 | 0.00 | 6.01 | 10.62 | 52.96 | 4.85 | 3.10 | 3.91 | 5.06 | 5.57 | 12.47 | 13.63 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% | 20% | 0% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 29% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 49% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 100% |
3 Years: | 158% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 5 | 5 | 11 | 15 | 15 | 15 | 15 | 15 | 16 | 16 |
Reserves | 0 | 0 | 0 | 0 | 1 | 23 | 51 | 56 | 62 | 68 | 77 | 154 | 163 |
0 | 0 | 0 | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 88 | 89 | |
0 | 0 | 0 | 2 | 8 | 35 | 31 | 22 | 34 | 56 | 64 | 58 | 53 | |
Total Liabilities | 0 | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 320 |
0 | 0 | 0 | 2 | 6 | 50 | 45 | 45 | 70 | 80 | 75 | 77 | 75 | |
CWIP | 0 | 0 | 0 | 9 | 14 | 0 | 6 | 20 | 1 | 3 | 7 | 10 | 18 |
Investments | 0 | 0 | 0 | 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 38 | 32 |
0 | 0 | 0 | 5 | 5 | 54 | 83 | 84 | 103 | 117 | 141 | 191 | 195 | |
Total Assets | 0 | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 320 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | -2 | 9 | -9 | -17 | 3 | 12 | 24 | 8 | -20 | |
0 | 0 | 0 | -5 | -10 | -35 | -12 | -20 | -11 | -21 | -3 | -30 | |
0 | 0 | 0 | 8 | 2 | 44 | 29 | 18 | 5 | -9 | 0 | 54 | |
Net Cash Flow | 0 | 0 | 0 | 1 | 1 | -0 | 0 | 1 | 6 | -6 | 6 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 69 | 63 | 61 | 61 | 50 | 67 | 91 | |||
Inventory Days | 190 | 95 | 106 | 139 | 157 | 207 | 135 | 143 | 102 | |||
Days Payable | 190 | 695 | 148 | 98 | 55 | 86 | 78 | 102 | 61 | |||
Cash Conversion Cycle | 0 | -601 | 26 | 105 | 163 | 183 | 107 | 108 | 133 | |||
Working Capital Days | 461 | -281 | 48 | 87 | 118 | 126 | 86 | 105 | 137 | |||
ROCE % | 0% | 0% | 6% | 28% | 14% | 8% | 10% | 12% | 11% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
29 Apr - Appointment of Saumya Chakraborty as Chief People Officer effective 29 April 2025.
-
Certificate Under SEBI (Depositories And Participants) Regulations, 2018
15 Apr - No dematerialisation requests received for the quarter ended March 2025.
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
11 Apr - Signed MOU for Rs. 100 Crores expansion in Maharashtra.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Apr - Company has informed regarding Newspaper Publication for Postal Ballot.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 9 Apr
Business Verticals FY24