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 ₹ 6,454 Cr.
- Current Price ₹ 3,777
- High / Low ₹ 4,033 / 958
- Stock P/E 125
- Book Value ₹ 156
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 20.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 49.7% CAGR over last 5 years
- Debtor days have improved from 87.9 to 60.0 days.
- Company's working capital requirements have reduced from 36.8 days to 28.9 days
Cons
- Stock is trading at 24.3 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%
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 147 | 141 | 151 | 251 | 253 | 328 | 402 | 526 | 595 | |
| 129 | 126 | 133 | 226 | 230 | 287 | 348 | 446 | 503 | |
| Operating Profit | 18 | 15 | 19 | 25 | 23 | 41 | 54 | 80 | 92 |
| OPM % | 12% | 10% | 12% | 10% | 9% | 12% | 13% | 15% | 16% |
| 1 | 1 | 2 | 1 | 5 | 6 | 5 | 5 | 5 | |
| Interest | 3 | 3 | 6 | 8 | 7 | 10 | 13 | 15 | 15 |
| Depreciation | 6 | 6 | 6 | 8 | 9 | 10 | 9 | 12 | 13 |
| Profit before tax | 10 | 6 | 8 | 11 | 12 | 27 | 36 | 58 | 69 |
| Tax % | 28% | 28% | 28% | 28% | 28% | 28% | 29% | 23% | |
| 7 | 5 | 6 | 8 | 8 | 19 | 25 | 44 | 52 | |
| EPS in Rs | 4.85 | 3.10 | 3.91 | 5.07 | 5.59 | 12.44 | 16.41 | 28.27 | 32.93 |
| Dividend Payout % | -0% | -0% | 26% | 20% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 28% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 74% |
| TTM: | 78% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 137% |
| 3 Years: | 58% |
| 1 Year: | 182% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 51 | 56 | 62 | 68 | 77 | 150 | 175 | 229 |
| 46 | 67 | 78 | 79 | 99 | 94 | 185 | 249 | |
| 31 | 22 | 34 | 56 | 64 | 59 | 69 | 174 | |
| Total Liabilities | 143 | 159 | 189 | 218 | 255 | 318 | 445 | 668 |
| 45 | 45 | 70 | 80 | 79 | 87 | 139 | 146 | |
| CWIP | 6 | 20 | 5 | 9 | 15 | 23 | 38 | 172 |
| Investments | 9 | 10 | 11 | 12 | 13 | 0 | 1 | 1 |
| 83 | 84 | 103 | 116 | 149 | 209 | 268 | 349 | |
| Total Assets | 143 | 159 | 189 | 218 | 255 | 318 | 445 | 668 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -17 | 3 | 15 | 21 | 2 | 4 | -26 | 94 | |
| -12 | -20 | -15 | -23 | -9 | -38 | -53 | -136 | |
| 29 | 18 | 5 | -5 | 14 | 37 | 72 | 48 | |
| Net Cash Flow | 0 | 1 | 6 | -6 | 6 | 3 | -7 | 6 |
| Free Cash Flow | -24 | -17 | -1 | -1 | -12 | -15 | -88 | -48 |
| CFO/OP | -83% | 36% | 92% | 96% | 22% | 29% | -28% | 136% |
Ratios
Consolidated / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 61 | 61 | 50 | 60 | 91 | 113 | 60 |
| Inventory Days | 139 | 157 | 207 | 135 | 146 | 102 | 101 | 157 |
| Days Payable | 98 | 55 | 86 | 79 | 103 | 60 | 54 | 92 |
| Cash Conversion Cycle | 105 | 163 | 182 | 106 | 103 | 133 | 160 | 124 |
| Working Capital Days | 36 | 42 | 34 | 21 | 4 | 34 | 47 | 29 |
| ROCE % | 8% | 10% | 12% | 11% | 16% | 15% | 17% |
Insights
In beta| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Number of Manufacturing Facilities number ・Standalone data |
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| Sale of Products Share of Revenue % ・Standalone data |
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| Top 3 Customer Revenue Concentration % ・Standalone data |
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| Injection Moulding Machines number ・Standalone data |
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| Stamping Presses number ・Standalone data |
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| EV Charger Manufacturing Capacity units per year ・Standalone data |
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| Total Employees (Permanent & Contract) number ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Spectrum Electrical Industries Limited Has informed Regarding Receipt Of Trading Approval From The National Stock Exchange Of India Ltd. And BSE Ltd. For The Equity Shares Allotted Pursuant To The Preferential Issue.
- NSE and BSE approved listing of 13,73,625 preferential shares at ₹2,002 each from October 7, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Spectrum Electrical Industries Limited Has informed Regarding Receipt Of Listing Approval From The Stock Exchanges.
- NSE and BSE approved listing of 13,73,625 preferential shares at ₹2,002 each on October 1, 2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Closure of Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY2026 results.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
Business Verticals FY24