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 ₹ 2,577 Cr.
- Current Price ₹ 1,651
- High / Low ₹ 2,520 / 1,413
- Stock P/E 94.8
- Book Value ₹ 109
- Dividend Yield 0.06 %
- ROCE 18.6 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 42.2% CAGR over last 5 years
Cons
- Stock is trading at 15.2 times its book value
* 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% | 23% | ||
| 0 | 0 | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | 27 | |
| 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 | 17.42 |
| 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: | 42% |
| 3 Years: | 53% |
| TTM: | 40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 99% |
| 3 Years: | 205% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 14% |
| Last Year: | 16% |
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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 163 |
| 0 | 0 | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 88 | 89 | |
| 0 | 0 | 2 | 8 | 35 | 31 | 22 | 34 | 56 | 64 | 58 | 53 | |
| Total Liabilities | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 320 |
| 0 | 0 | 2 | 6 | 50 | 45 | 45 | 70 | 80 | 75 | 77 | 75 | |
| CWIP | 0 | 0 | 9 | 14 | 0 | 6 | 20 | 1 | 3 | 7 | 10 | 18 |
| Investments | 0 | 0 | 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 38 | 32 |
| 0 | 0 | 5 | 5 | 54 | 83 | 84 | 103 | 117 | 141 | 191 | 195 | |
| Total Assets | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 320 |
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 | ||
| 0 | 0 | -5 | -10 | -35 | -12 | -20 | -11 | -21 | -3 | -30 | ||
| 0 | 0 | 8 | 2 | 44 | 29 | 18 | 5 | -9 | 0 | 54 | ||
| Net Cash Flow | 0 | 0 | 1 | 1 | -0 | 0 | 1 | 6 | -6 | 6 | 4 |
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 | |||
| 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)-Newspaper Publication
1 Jun - Spectrum Electrical Industries Limited has informed regarding News Paper publication for the Audited Standalone and Consolidated Financial Results for the quarter and year ended on …
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Announcement under Regulation 30 (LODR)-Change in Management
31 May - Reappointment of internal and cost auditors for FY 2025-26 approved by board.
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Board Meeting Outcome for Outcome Of Board Meeting - Financial Results For The Quarter And Year Ended On March 31, 2025
30 May - Spectrum Electrical reports audited FY25 results; profit ₹24.28 Cr, revenue ₹397 Cr, unmodified audit opinion.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Annual Secretarial Compliance Report for FY25; minor independent director appointment delay resolved.
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Board Meeting Intimation for Board Meeting Intimation For Approval Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended On 31St March, 2025
23 May - Board meeting on May 30 to approve FY25 results and appoint internal and cost auditors.
Business Verticals FY24