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 ₹ 3,176 Cr.
- Current Price ₹ 2,035
- High / Low ₹ 2,520 / 888
- Stock P/E 163
- Book Value ₹ 109
- Dividend Yield 0.05 %
- ROCE 20.4 %
- ROE 21.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 21.9% CAGR over last 5 years
Cons
- Stock is trading at 18.8 times its book value
- Promoter holding has decreased over last quarter: -2.35%
- Company has a low return on equity of 13.7% over last 3 years.
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 2 | 7 | 120 | 147 | 141 | 151 | 251 | 253 | 328 | |
0 | 0 | 0 | 2 | 5 | 103 | 129 | 126 | 133 | 226 | 230 | 284 | |
Operating Profit | 0 | 0 | 0 | 0 | 1 | 16 | 18 | 15 | 19 | 25 | 23 | 45 |
OPM % | 23% | 19% | 14% | 12% | 10% | 12% | 10% | 9% | 14% | |||
0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 5 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 3 | 6 | 8 | 7 | 9 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 4 | 6 | 6 | 6 | 8 | 9 | 9 |
Profit before tax | 0 | 0 | 0 | 0 | 1 | 8 | 10 | 6 | 8 | 11 | 12 | 27 |
Tax % | 23% | 20% | 27% | 28% | 28% | 28% | 28% | 28% | 28% | |||
0 | 0 | 0 | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | |
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 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% | 20% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 29% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 49% |
TTM: | 131% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 106% |
3 Years: | 248% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 14% |
Last Year: | 21% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 5 | 5 | 11 | 15 | 15 | 15 | 15 | 15 | 16 |
Reserves | 0 | 0 | 0 | 0 | 1 | 23 | 51 | 56 | 62 | 68 | 77 | 154 |
0 | 0 | 0 | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 88 | |
0 | 0 | 0 | 2 | 8 | 35 | 31 | 22 | 34 | 56 | 64 | 58 | |
Total Liabilities | 0 | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 |
0 | 0 | 0 | 2 | 6 | 50 | 45 | 45 | 70 | 80 | 75 | 80 | |
CWIP | 0 | 0 | 0 | 9 | 14 | 0 | 6 | 20 | 1 | 3 | 7 | 10 |
Investments | 0 | 0 | 0 | 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 34 |
0 | 0 | 0 | 5 | 5 | 54 | 83 | 84 | 103 | 117 | 141 | 191 | |
Total Assets | 0 | 0 | 0 | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 316 |
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 | ||||
Inventory Days | 190 | 95 | 106 | 139 | 157 | 207 | 135 | 143 | ||||
Days Payable | 190 | 695 | 148 | 98 | 55 | 86 | 78 | 102 | ||||
Cash Conversion Cycle | 0 | -601 | 26 | 105 | 163 | 183 | 107 | 108 | ||||
Working Capital Days | 461 | -281 | 48 | 87 | 118 | 126 | 86 | 105 | ||||
ROCE % | 0% | 0% | 6% | 28% | 14% | 8% | 10% | 12% | 11% |
Documents
Announcements
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Price movement
19 July 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written …
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Incorporation-XBRL
12 July 2024 - SPECTRUM ELECTRICAL INDUSTRIES LIMITED has informed regarding Incorporation
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Updates
12 July 2024 - Spectrum Electrical Industries Limited has informed regarding 'Incorporation of subsidiary company'.
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Updates
11 July 2024 - Spectrum Electrical Industries Limited has informed regarding 'Compliance Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on …
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Acquisition-XBRL
5 July 2024 - SPECTRUM ELECTRICAL INDUSTRIES LIMITED has informed regarding Acquisition
Products and Services
The company manufactures electrical components including Mini MCB base and cover; Distribution boards; AC box; Modular Electrical Board panels; Lamp angle holders among others. The services provided by the company include Surface Coatings, Metallic Stamping, Plastics Moulding, and Mould Tooling. [1]