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 ₹ 1,946 Cr.
- Current Price ₹ 1,238
- High / Low ₹ 1,900 / 958
- Stock P/E 53.1
- Book Value ₹ 137
- Dividend Yield 0.00 %
- ROCE 15.7 %
- ROE 13.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 39.0% CAGR over last 5 years
- Company's working capital requirements have reduced from 21.8 days to 12.3 days
Cons
- Stock is trading at 8.90 times its book value
- Company has a low return on equity of 13.2% over last 3 years.
- Debtor days have increased from 88.2 to 106 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 Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 2 | 7 | 120 | 147 | 141 | 151 | 251 | 253 | 322 | 397 | 492 | |
| 0 | 0 | 2 | 5 | 103 | 129 | 126 | 133 | 226 | 230 | 282 | 345 | 423 | |
| Operating Profit | 0 | 0 | 0 | 1 | 16 | 18 | 15 | 19 | 25 | 23 | 40 | 52 | 69 |
| OPM % | 23% | 19% | 14% | 12% | 10% | 12% | 10% | 9% | 12% | 13% | 14% | ||
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 5 | 6 | 5 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 4 | 3 | 3 | 6 | 8 | 7 | 10 | 13 | 16 |
| Depreciation | 0 | 0 | 0 | 0 | 4 | 6 | 6 | 6 | 8 | 9 | 10 | 9 | 11 |
| Profit before tax | 0 | 0 | 0 | 1 | 8 | 10 | 6 | 8 | 11 | 12 | 27 | 35 | 49 |
| Tax % | 23% | 20% | 27% | 28% | 28% | 28% | 28% | 28% | 28% | 31% | |||
| 0 | 0 | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | 24 | 37 | |
| EPS in Rs | 0.00 | 0.00 | 6.01 | 10.62 | 52.96 | 4.85 | 3.10 | 3.91 | 5.06 | 5.57 | 12.29 | 15.56 | 23.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% | 20% | 0% | 8% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 16% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 47% |
| TTM: | 131% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 84% |
| 3 Years: | 34% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 5 | 5 | 11 | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 0 | 0 | 0 | 1 | 23 | 51 | 56 | 62 | 68 | 77 | 149 | 174 | 200 |
| 0 | 0 | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 93 | 166 | 164 | |
| 0 | 0 | 2 | 8 | 35 | 31 | 22 | 34 | 56 | 64 | 58 | 69 | 77 | |
| Total Liabilities | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 424 | 457 |
| 0 | 0 | 2 | 6 | 50 | 45 | 45 | 70 | 80 | 75 | 82 | 128 | 127 | |
| CWIP | 0 | 0 | 9 | 14 | 0 | 6 | 20 | 1 | 3 | 7 | 10 | 19 | 34 |
| Investments | 0 | 0 | 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 3 | 5 | 5 |
| 0 | 0 | 5 | 5 | 54 | 83 | 84 | 103 | 117 | 141 | 221 | 272 | 291 | |
| Total Assets | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 424 | 457 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | -2 | 9 | -9 | -17 | 3 | 12 | 24 | 8 | -14 | -18 | |
| 0 | 0 | -5 | -10 | -35 | -12 | -20 | -11 | -21 | -3 | -34 | -40 | |
| 0 | 0 | 8 | 2 | 44 | 29 | 18 | 5 | -9 | 0 | 52 | 49 | |
| Net Cash Flow | 0 | 0 | 1 | 1 | -0 | 0 | 1 | 6 | -6 | 6 | 4 | -8 |
| Free Cash Flow | 0 | 0 | -7 | -1 | -44 | -24 | -17 | -0 | 3 | 1 | -27 | -68 |
| CFO/OP | -358% | 742% | -42% | -83% | 36% | 76% | 106% | 50% | -15% | -15% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 69 | 63 | 61 | 61 | 50 | 67 | 91 | 106 | ||
| Inventory Days | 190 | 95 | 106 | 139 | 157 | 207 | 135 | 143 | 102 | 99 | ||
| Days Payable | 190 | 695 | 148 | 98 | 55 | 86 | 78 | 102 | 61 | 56 | ||
| Cash Conversion Cycle | 0 | -601 | 26 | 105 | 163 | 183 | 107 | 108 | 133 | 150 | ||
| Working Capital Days | 461 | -281 | -1 | 36 | 42 | 34 | 26 | 20 | 33 | 12 | ||
| ROCE % | 0% | 0% | 6% | 28% | 14% | 8% | 10% | 12% | 11% | 17% | 16% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|
| Injection Moulding Capacity (Metric Tonnes per annum) MT |
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| Injection Moulding Capacity Utilization % |
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| Workforce Size (Employees) Number |
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| Injection Moulding Machine Count Nos |
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| Stamping Machine Count Nos |
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| Active ODM Projects Nos |
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| EV Charger Manufacturing Capacity per Annum (Target/Current) Nos |
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| Number of Manufacturing Facilities Nos |
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Extracted by Screener AI
Documents
Announcements
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Spectrum Electrical Industries Limited Has informed Regarding ''''Execution Of Memorandum Of Understanding (MOU) With The Government Of Maharashtra.
1d - Spectrum Electrical signed MoU on 06 May 2026 for ₹110 crore expansion in Maharashtra.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 -
Clarification On Price Movement Of Share.
2d - Company clarified share price movement was market-driven, with no undisclosed material information.
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Clarification sought from Spectrum Electrical Industries Ltd
4 May - Exchange has sought clarification from Spectrum Electrical Industries Ltd on May 4, 2026 with reference to significant movement in price, in order to ensure that …
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Spectrum Electrical Industries Limited Has informed About Certificate Under SEBI (Depositories And Participants) Regulations, 2018
7 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no dematerialisation requests received.
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Spectrum Electrical Industries Limited Has informed Regarding ''''Compliance Of Regulation 31 (4) Of SEBI SAST Regulations.
6 Apr - Promoters held 1,14,27,260 shares and reported no encumbrance as of March 31, 2026.
Business Verticals FY24