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 ₹ 2,239 Cr.
- Current Price ₹ 1,425
- High / Low ₹ 2,400 / 1,169
- Stock P/E 92.2
- Book Value ₹ 121
- Dividend Yield 0.08 %
- ROCE 15.7 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.0% CAGR over last 5 years
- Company's working capital requirements have reduced from 29.6 days to 12.3 days
Cons
- Stock is trading at 12.0 times its book value
- Company has a low return on equity of 13.1% 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 2 | 7 | 120 | 147 | 141 | 151 | 251 | 253 | 322 | 397 | |
0 | 0 | 2 | 5 | 103 | 129 | 126 | 133 | 226 | 230 | 284 | 345 | |
Operating Profit | 0 | 0 | 0 | 1 | 16 | 18 | 15 | 19 | 25 | 23 | 38 | 52 |
OPM % | 23% | 19% | 14% | 12% | 10% | 12% | 10% | 9% | 12% | 13% | ||
0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 5 | 6 | 5 | |
Interest | 0 | 0 | 0 | 0 | 4 | 3 | 3 | 6 | 8 | 7 | 9 | 13 |
Depreciation | 0 | 0 | 0 | 0 | 4 | 6 | 6 | 6 | 8 | 9 | 9 | 9 |
Profit before tax | 0 | 0 | 0 | 1 | 8 | 10 | 6 | 8 | 11 | 12 | 27 | 35 |
Tax % | 23% | 20% | 27% | 28% | 28% | 28% | 28% | 28% | 28% | 31% | ||
0 | 0 | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | 24 | |
EPS in Rs | 0.00 | 0.00 | 6.01 | 10.62 | 52.96 | 4.85 | 3.10 | 3.91 | 5.06 | 5.57 | 12.47 | 15.56 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% | 20% | 0% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 16% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 47% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 91% |
3 Years: | 181% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | % |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 5 | 5 | 11 | 15 | 15 | 15 | 15 | 15 | 16 | 16 |
Reserves | 0 | 0 | 0 | 1 | 23 | 51 | 56 | 62 | 68 | 77 | 154 | 174 |
0 | 0 | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 88 | 166 | |
0 | 0 | 2 | 8 | 35 | 31 | 22 | 34 | 56 | 64 | 58 | 69 | |
Total Liabilities | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 424 |
0 | 0 | 2 | 6 | 50 | 45 | 45 | 70 | 80 | 75 | 77 | 128 | |
CWIP | 0 | 0 | 9 | 14 | 0 | 6 | 20 | 1 | 3 | 7 | 10 | 19 |
Investments | 0 | 0 | 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 38 | 5 |
0 | 0 | 5 | 5 | 54 | 83 | 84 | 103 | 117 | 141 | 191 | 272 | |
Total Assets | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 424 |
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 | -20 | -18 | |
0 | 0 | -5 | -10 | -35 | -12 | -20 | -11 | -21 | -3 | -30 | -40 | |
0 | 0 | 8 | 2 | 44 | 29 | 18 | 5 | -9 | 0 | 54 | 49 | |
Net Cash Flow | 0 | 0 | 1 | 1 | -0 | 0 | 1 | 6 | -6 | 6 | 4 | -8 |
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 | 56 | 12 | ||
ROCE % | 0% | 0% | 6% | 28% | 14% | 8% | 10% | 12% | 11% | 17% | 16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Sep - Spectrum Electrical Industries Limited has informed regarding Newspaper Publication for the upcoming Annual General Meeting of the Company.
- Reg. 34 (1) Annual Report. 8 Sep
- Spectrum Electrical Industries Limited (The Company) Has informed Regarding Notice Of 17Th Annual General Meeting Of The Company 8 Sep
-
Announcement under Regulation 30 (LODR)-Change in Management
7 Sep - Appointed Ms. Yuti Nagarkar as Secretarial Auditor for FY2025-26 to 2029-30, appointed 7 Sep 2025.
-
Board Meeting Outcome for Spectrum Electrical Industries Limited (The Company) Has informed Regarding Outcome Of Board Meeting Held On 7Th September, 2025
7 Sep - Board approved Ms. Yuti Nagarkar as secretarial auditor (2025-26 to 2029-30); AGM on 30 Sep 2025.
Business Verticals FY24