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 ₹ 6,593 Cr.
- Current Price ₹ 3,853
- High / Low ₹ 4,033 / 958
- Stock P/E 132
- Book Value ₹ 154
- Dividend Yield 0.00 %
- ROCE 17.8 %
- ROE 19.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 48.6% CAGR over last 5 years
- Company's median sales growth is 25.1% of last 10 years
Cons
- Stock is trading at 25.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.84%
* 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 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 2 | 7 | 120 | 147 | 141 | 151 | 251 | 253 | 322 | 397 | 505 | 576 | |
| 0 | 2 | 5 | 103 | 129 | 126 | 133 | 226 | 230 | 282 | 345 | 428 | 488 | |
| Operating Profit | 0 | 0 | 1 | 16 | 18 | 15 | 19 | 25 | 23 | 40 | 52 | 76 | 88 |
| OPM % | 23% | 19% | 14% | 12% | 10% | 12% | 10% | 9% | 12% | 13% | 15% | 15% | |
| 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 5 | 6 | 5 | 7 | 7 | |
| Interest | 0 | 0 | 0 | 4 | 3 | 3 | 6 | 8 | 7 | 10 | 13 | 16 | 16 |
| Depreciation | 0 | 0 | 0 | 4 | 6 | 6 | 6 | 8 | 9 | 10 | 9 | 12 | 12 |
| Profit before tax | 0 | 0 | 1 | 8 | 10 | 6 | 8 | 11 | 12 | 27 | 35 | 56 | 66 |
| Tax % | 23% | 20% | 27% | 28% | 28% | 28% | 28% | 28% | 28% | 31% | 23% | ||
| 0 | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | 24 | 43 | 50 | |
| EPS in Rs | 0.00 | 6.01 | 10.62 | 52.96 | 4.85 | 3.10 | 3.91 | 5.06 | 5.57 | 12.29 | 15.56 | 27.24 | 31.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% | 20% | 0% | 8% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 73% |
| 5 Years: | 27% |
| 3 Years: | 26% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 64% |
| 5 Years: | 49% |
| 3 Years: | 72% |
| TTM: | 84% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 134% |
| 3 Years: | 57% |
| 1 Year: | 184% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 5 | 5 | 11 | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 0 | 0 | 1 | 23 | 51 | 56 | 62 | 68 | 77 | 149 | 174 | 226 |
| 0 | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 93 | 161 | 214 | |
| 0 | 2 | 8 | 35 | 31 | 22 | 34 | 56 | 64 | 58 | 73 | 168 | |
| Total Liabilities | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 424 | 623 |
| 0 | 2 | 6 | 50 | 45 | 45 | 70 | 80 | 75 | 82 | 128 | 136 | |
| CWIP | 0 | 9 | 14 | 0 | 6 | 20 | 1 | 3 | 7 | 10 | 19 | 117 |
| Investments | 0 | 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 3 | 5 | 6 |
| 0 | 5 | 5 | 54 | 83 | 84 | 103 | 117 | 141 | 221 | 272 | 364 | |
| Total Assets | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 | 424 | 623 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -2 | 9 | -9 | -17 | 3 | 12 | 24 | 8 | -14 | -18 | 71 | |
| 0 | -5 | -10 | -35 | -12 | -20 | -11 | -21 | -3 | -34 | -40 | -101 | |
| 0 | 8 | 2 | 44 | 29 | 18 | 5 | -9 | 0 | 52 | 49 | 34 | |
| Net Cash Flow | 0 | 1 | 1 | -0 | 0 | 1 | 6 | -6 | 6 | 4 | -8 | 4 |
| Free Cash Flow | 0 | -7 | -1 | -44 | -24 | -17 | -0 | 3 | 1 | -27 | -68 | -35 |
| CFO/OP | -358% | 742% | -42% | -83% | 36% | 76% | 106% | 50% | -15% | -15% | 110% |
Ratios
Standalone / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 69 | 63 | 61 | 61 | 50 | 67 | 91 | 106 | 87 | |
| Inventory Days | 190 | 95 | 106 | 139 | 157 | 207 | 135 | 143 | 102 | 99 | 138 | |
| Days Payable | 190 | 695 | 148 | 98 | 55 | 86 | 78 | 102 | 61 | 60 | 104 | |
| Cash Conversion Cycle | 0 | -601 | 26 | 105 | 163 | 183 | 107 | 108 | 133 | 146 | 121 | |
| Working Capital Days | 461 | -281 | -1 | 36 | 42 | 34 | 26 | 20 | 33 | 14 | 33 | |
| ROCE % | 0% | 6% | 28% | 14% | 8% | 10% | 12% | 11% | 17% | 16% | 18% |
Insights
In beta| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Manufacturing Facilities number |
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| Permanent Employees (Workforce) number |
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| Sale of Products Share of Revenue % |
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| Top 3 Customer Revenue Concentration % |
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| Injection Moulding Machines number |
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| Stamping Presses number |
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| EV Charger Manufacturing Capacity units per year |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Closure of Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY2026 results.
-
Announcement under Regulation 30 (LODR)-Credit Rating
- CRISIL upgraded Spectrum Electrical’s ₹250 crore bank facilities to A-/Stable and A2+ on 24 September 2026.
-
Spectrum Electrical Industries Limited Has informed About General Updates
- Spectrum Electrical signed MoU with Maharashtra Government to upgrade Jalgaon ITI under PPP and CSR.
-
Board Meeting Outcome for Spectrum Electrical Industries Limited Has informed Regarding Outcome Of Board Meeting Held On September 20, 2026
- Board approved interim investment of Rs287.50 crore preferential issue proceeds in debt and liquid instruments.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
-
Annual Report 2020
from nse
-
Annual Report 2019
from nse
Business Verticals FY24