Spectrum Electrical Industries Ltd.
•₹ 2,121.8-4.1%
2026-08-21
PROS
- Company has delivered good profit growth of 39.0% CAGR over last 5 years
- Latest quarter profit grew 118.2% YoY, showing strong momentum
- Company has delivered good sales growth of 23.0% CAGR over last 5 years
- Operating margins have improved to 13.2% from 8.9%
- Working capital cycle has improved - days down from 39 to 15
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.45x)
- Total debt has risen sharply - up 67.0% year on year
- Stock is trading at 17.2x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7400.00 | 52.48 | 156812.20 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33550.00 | 0.00 | 149540.28 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3880.10 | 42.19 | 138178.32 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 862.90 | 108.75 | 135945.59 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3483.60 | 0.00 | 124058.14 | 0.11 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4119.00 | 564.77 | 105465.57 | 0.24 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1278.00 | 49.11 | 80202.38 | 0.78 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2688.00 | 20.26 | 77320.68 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16607.65 | 58.86 | 69540.11 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 46.78 | 20.45 | 64302.09 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1254.75 | 0.00 | 30001.58 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | SPECTRUM | 2318.90 | 63.43 | 3643.88 | 0.00 | 13.05 | 131.89 | 154.55 | 80.91 | 16.01 | 15.69 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 126 | 73 | 82 | 70 | 172 | 85 | 116 | 120 | 184 | 156 | |
| 113 | 63 | 74 | 60 | 147 | 73 | 101 | 101 | 153 | 141 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 0 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | 3 |
| Interest | 5 | 3 | 2 | 4 | 4 | 5 | 3 | 5 | 4 | 5 |
| Depreciation | 2 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 |
| 8 | 4 | 5 | 5 | 19 | 7 | 11 | 12 | 26 | 18 | |
| Tax % | 28.64% | 49.43% | 14.34% | 36.74% | 30.98% | 10.44% | 29.26% | 22.69% | 23.69% | 24.82% |
| Net Profit | 6 | 2 | 4 | 3 | 13 | 6 | 8 | 9 | 20 | 13 |
| 4 | 1 | 3 | 2 | 9 | 4 | 5 | 6 | 12 | 1 | |
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2024
- 126
- 113
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 5
- Depreciation
- 2
- 8
- Tax %
- 28.64%
- Net Profit
- 6
- 4
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 73
- 63
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- 4
- Tax %
- 49.43%
- Net Profit
- 2
- 1
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 82
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 3
- 5
- Tax %
- 14.34%
- Net Profit
- 4
- 3
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 70
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 2
- 5
- Tax %
- 36.74%
- Net Profit
- 3
- 2
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 172
- 147
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 2
- 19
- Tax %
- 30.98%
- Net Profit
- 13
- 9
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 85
- 73
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 5
- Depreciation
- 3
- 7
- Tax %
- 10.44%
- Net Profit
- 6
- 4
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 116
- 101
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 3
- 11
- Tax %
- 29.26%
- Net Profit
- 8
- 5
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 120
- 101
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 3
- 12
- Tax %
- 22.69%
- Net Profit
- 9
- 6
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 184
- 153
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 3
- 26
- Tax %
- 23.69%
- Net Profit
- 20
- 12
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 156
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 5
- Depreciation
- 3
- 18
- Tax %
- 24.82%
- Net Profit
- 13
- 1
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 7 | 120 | 147 | 141 | 151 | 251 | 253 | 322 | 397 | 576 | |
| 2 | 5 | 103 | 129 | 126 | 133 | 226 | 230 | 282 | 345 | 496 | |
| Operating Profit | 0 | 1 | 17 | 20 | 16 | 20 | 26 | 28 | 46 | 57 | — |
| OPM % | 23 | 19 | 14 | 14 | 11 | 14 | 10 | 11 | 14 | 14 | — |
| Other Income | 0 | 0 | 0 | 3 | 1 | 2 | 1 | 5 | 6 | 5 | 7 |
| Interest | 0 | 0 | 5 | 5 | 3 | 6 | 8 | 7 | 10 | 13 | 16 |
| Depreciation | 0 | 0 | 4 | 6 | 6 | 6 | 8 | 9 | 10 | 9 | 12 |
| 0 | 1 | 8 | 10 | 6 | 8 | 11 | 12 | 27 | 35 | 66 | |
| Tax % | 23 | 20 | 27 | 28 | 28 | 28 | 28 | 28 | 28 | 31 | 25 |
| Net Profit | 0 | 1 | 6 | 7 | 5 | 6 | 8 | 8 | 19 | 24 | 50 |
| EPS | 0 | 0 | 0 | 9 | 3 | 4 | 5 | 6 | 12 | 16 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 26 | 20 | 0 | 8 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 5 | 5 | 3 | 4 | 5 | 6 | 12 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 5 | 5 | 3 | 4 | 5 | 6 | 12 | 16 | — |
Mar 2016
- 2
- 2
- Operating Profit
- 0
- OPM %
- 23
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 23
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 7
- 5
- Operating Profit
- 1
- OPM %
- 19
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 20
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 120
- 103
- Operating Profit
- 17
- OPM %
- 14
- Other Income
- 0
- Interest
- 5
- Depreciation
- 4
- 8
- Tax %
- 27
- Net Profit
- 6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 147
- 129
- Operating Profit
- 20
- OPM %
- 14
- Other Income
- 3
- Interest
- 5
- Depreciation
- 6
- 10
- Tax %
- 28
- Net Profit
- 7
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2020
- 141
- 126
- Operating Profit
- 16
- OPM %
- 11
- Other Income
- 1
- Interest
- 3
- Depreciation
- 6
- 6
- Tax %
- 28
- Net Profit
- 5
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 151
- 133
- Operating Profit
- 20
- OPM %
- 14
- Other Income
- 2
- Interest
- 6
- Depreciation
- 6
- 8
- Tax %
- 28
- Net Profit
- 6
- EPS
- 4
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 251
- 226
- Operating Profit
- 26
- OPM %
- 10
- Other Income
- 1
- Interest
- 8
- Depreciation
- 8
- 11
- Tax %
- 28
- Net Profit
- 8
- EPS
- 5
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 253
- 230
- Operating Profit
- 28
- OPM %
- 11
- Other Income
- 5
- Interest
- 7
- Depreciation
- 9
- 12
- Tax %
- 28
- Net Profit
- 8
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 322
- 282
- Operating Profit
- 46
- OPM %
- 14
- Other Income
- 6
- Interest
- 10
- Depreciation
- 10
- 27
- Tax %
- 28
- Net Profit
- 19
- EPS
- 12
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 397
- 345
- Operating Profit
- 57
- OPM %
- 14
- Other Income
- 5
- Interest
- 13
- Depreciation
- 9
- 35
- Tax %
- 31
- Net Profit
- 24
- EPS
- 16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
TTM
- 576
- 496
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 16
- Depreciation
- 12
- 66
- Tax %
- 25
- Net Profit
- 50
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 122%
- 5 Years:
- 23%
- 3 Years:
- 16%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 106%
- 5 Years:
- 39%
- 3 Years:
- 47%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 109%
- 3 Years:
- 30%
- 1 Year:
- 46%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 11%
- 3 Years:
- 13%
- Last Year:
- 14%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 5 | 5 | 11 | 15 | 15 | 15 | 15 | 15 | 16 | 16 |
| 0 | 1 | 23 | 51 | 56 | 62 | 68 | 77 | 146 | 171 | |
| 0 | 1 | 16 | 21 | 29 | 30 | 31 | 47 | 58 | 111 | |
| Trade Payables | 1 | 8 | 31 | 25 | 13 | 23 | 38 | 49 | 38 | 42 |
| 9 | 10 | 26 | 32 | 46 | 58 | 63 | 52 | 62 | 90 | |
| Total Liabilities | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 320 | 430 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1 | 6 | 41 | 45 | 45 | 70 | 80 | 75 | 82 | 128 | |
| Capital Work in Progress | 9 | 14 | 9 | 6 | 20 | 1 | 3 | 7 | 10 | 19 |
| 0 | 0 | 4 | 9 | 10 | 14 | 15 | 16 | 3 | 5 | |
| 1 | 1 | 22 | 36 | 39 | 56 | 66 | 69 | 63 | 75 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 | 80 | 116 | |
| Cash & Bank | 1 | 2 | 1 | 2 | 3 | 8 | 2 | 8 | 12 | 3 |
| 3 | 2 | 31 | 45 | 42 | 39 | 49 | 18 | 70 | 84 | |
| Total Assets | 15 | 25 | 108 | 143 | 159 | 188 | 216 | 239 | 320 | 430 |
| Total Debt | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 87 | 145 |
| Net Working Capital | 1 | -5 | 5 | 25 | 29 | 33 | 32 | 34 | 41 | 17 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 105.26 | 115.93 | 306.80 | 43.77 | 46.86 | 50.93 | 55.15 | 60.88 | 103.78 | 119.47 |
| Face Value | 100.00 | 100.00 | 100.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 8 | 11 | 38 | 46 | 67 | 77 | 77 | 84 | 87 | 145 |
| Net Working Capital | 1 | -5 | 5 | 25 | 29 | 33 | 32 | 34 | 41 | 17 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 105.26 | 115.93 | 306.80 | 43.77 | 46.86 | 50.93 | 55.15 | 60.88 | 103.78 | 119.47 |
| Face Value | 100.00 | 100.00 | 100.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 5
- 0
- 0
- Trade Payables
- 1
- 9
- Total Liabilities
- 15
- 1
- Capital Work in Progress
- 9
- 0
- 1
- 0
- Cash & Bank
- 1
- 3
- Total Assets
- 15
- Total Debt
- 8
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 105.26
- Face Value
- 100.00
- Total Debt
- 8
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 105.26
- Face Value
- 100.00
Mar 2017
- Equity Capital
- 5
- 1
- 1
- Trade Payables
- 8
- 10
- Total Liabilities
- 25
- 6
- Capital Work in Progress
- 14
- 0
- 1
- 0
- Cash & Bank
- 2
- 2
- Total Assets
- 25
- Total Debt
- 11
- Net Working Capital
- -5
- Contingent Liabilities
- 0
- Book Value per Share
- 115.93
- Face Value
- 100.00
- Total Debt
- 11
- Net Working Capital
- -5
- Contingent Liabilities
- 0
- Book Value per Share
- 115.93
- Face Value
- 100.00
Mar 2018
- Equity Capital
- 11
- 23
- 16
- Trade Payables
- 31
- 26
- Total Liabilities
- 108
- 41
- Capital Work in Progress
- 9
- 4
- 22
- 0
- Cash & Bank
- 1
- 31
- Total Assets
- 108
- Total Debt
- 38
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 306.80
- Face Value
- 100.00
- Total Debt
- 38
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 306.80
- Face Value
- 100.00
Mar 2019
- Equity Capital
- 15
- 51
- 21
- Trade Payables
- 25
- 32
- Total Liabilities
- 143
- 45
- Capital Work in Progress
- 6
- 9
- 36
- 0
- Cash & Bank
- 2
- 45
- Total Assets
- 143
- Total Debt
- 46
- Net Working Capital
- 25
- Contingent Liabilities
- 0
- Book Value per Share
- 43.77
- Face Value
- 10.00
- Total Debt
- 46
- Net Working Capital
- 25
- Contingent Liabilities
- 0
- Book Value per Share
- 43.77
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 15
- 56
- 29
- Trade Payables
- 13
- 46
- Total Liabilities
- 159
- 45
- Capital Work in Progress
- 20
- 10
- 39
- 0
- Cash & Bank
- 3
- 42
- Total Assets
- 159
- Total Debt
- 67
- Net Working Capital
- 29
- Contingent Liabilities
- 0
- Book Value per Share
- 46.86
- Face Value
- 10.00
- Total Debt
- 67
- Net Working Capital
- 29
- Contingent Liabilities
- 0
- Book Value per Share
- 46.86
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 15
- 62
- 30
- Trade Payables
- 23
- 58
- Total Liabilities
- 188
- 70
- Capital Work in Progress
- 1
- 14
- 56
- 0
- Cash & Bank
- 8
- 39
- Total Assets
- 188
- Total Debt
- 77
- Net Working Capital
- 33
- Contingent Liabilities
- 0
- Book Value per Share
- 50.93
- Face Value
- 10.00
- Total Debt
- 77
- Net Working Capital
- 33
- Contingent Liabilities
- 0
- Book Value per Share
- 50.93
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 15
- 68
- 31
- Trade Payables
- 38
- 63
- Total Liabilities
- 216
- 80
- Capital Work in Progress
- 3
- 15
- 66
- 0
- Cash & Bank
- 2
- 49
- Total Assets
- 216
- Total Debt
- 77
- Net Working Capital
- 32
- Contingent Liabilities
- 0
- Book Value per Share
- 55.15
- Face Value
- 10.00
- Total Debt
- 77
- Net Working Capital
- 32
- Contingent Liabilities
- 0
- Book Value per Share
- 55.15
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 15
- 77
- 47
- Trade Payables
- 49
- 52
- Total Liabilities
- 239
- 75
- Capital Work in Progress
- 7
- 16
- 69
- 47
- Cash & Bank
- 8
- 18
- Total Assets
- 239
- Total Debt
- 84
- Net Working Capital
- 34
- Contingent Liabilities
- 0
- Book Value per Share
- 60.88
- Face Value
- 10.00
- Total Debt
- 84
- Net Working Capital
- 34
- Contingent Liabilities
- 0
- Book Value per Share
- 60.88
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 16
- 146
- 58
- Trade Payables
- 38
- 62
- Total Liabilities
- 320
- 82
- Capital Work in Progress
- 10
- 3
- 63
- 80
- Cash & Bank
- 12
- 70
- Total Assets
- 320
- Total Debt
- 87
- Net Working Capital
- 41
- Contingent Liabilities
- 0
- Book Value per Share
- 103.78
- Face Value
- 10.00
- Total Debt
- 87
- Net Working Capital
- 41
- Contingent Liabilities
- 0
- Book Value per Share
- 103.78
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 16
- 171
- 111
- Trade Payables
- 42
- 90
- Total Liabilities
- 430
- 128
- Capital Work in Progress
- 19
- 5
- 75
- 116
- Cash & Bank
- 3
- 84
- Total Assets
- 430
- Total Debt
- 145
- Net Working Capital
- 17
- Contingent Liabilities
- 0
- Book Value per Share
- 119.47
- Face Value
- 10.00
- Total Debt
- 145
- Net Working Capital
- 17
- Contingent Liabilities
- 0
- Book Value per Share
- 119.47
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2 | 9 | -9 | -17 | 3 | 12 | 24 | 8 | -14 | -18 | |
| Cash from Investing | -5 | -10 | -35 | -12 | -20 | -11 | -21 | -3 | -34 | -40 |
| Cash from Financing | 8 | 2 | 44 | 29 | 18 | 5 | -9 | 0 | 52 | 49 |
| 1 | 1 | -0 | 0 | 1 | 6 | -6 | 6 | 4 | -8 | |
| Free Cash Flow | -7 | -1 | -43 | -24 | -16 | -0 | 3 | 1 | -14 | -83 |
| OCF / Net Profit | -6.29 | 16.76 | -1.45 | -2.35 | 0.74 | 2.02 | 3.08 | 0.98 | -0.71 | -0.75 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -92 | -85 | -81 | -37 | -26 | -92 |
| OCF / Net Profit | -6.29 | 16.76 | -1.45 | -2.35 | 0.74 | 2.02 | 3.08 | 0.98 | -0.71 | -0.75 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -92 | -85 | -81 | -37 | -26 | -92 |
Mar 2016
- -2
- Cash from Investing
- -5
- Cash from Financing
- 8
- 1
- Free Cash Flow
- -7
- OCF / Net Profit
- -6.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.29
- Cumulative 5-Year FCF
- 0
Mar 2017
- 9
- Cash from Investing
- -10
- Cash from Financing
- 2
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- 16.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 16.76
- Cumulative 5-Year FCF
- 0
Mar 2018
- -9
- Cash from Investing
- -35
- Cash from Financing
- 44
- -0
- Free Cash Flow
- -43
- OCF / Net Profit
- -1.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.45
- Cumulative 5-Year FCF
- 0
Mar 2019
- -17
- Cash from Investing
- -12
- Cash from Financing
- 29
- 0
- Free Cash Flow
- -24
- OCF / Net Profit
- -2.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.35
- Cumulative 5-Year FCF
- 0
Mar 2020
- 3
- Cash from Investing
- -20
- Cash from Financing
- 18
- 1
- Free Cash Flow
- -16
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- -92
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- -92
Mar 2021
- 12
- Cash from Investing
- -11
- Cash from Financing
- 5
- 6
- Free Cash Flow
- -0
- OCF / Net Profit
- 2.02
- Cumulative 5-Year FCF
- -85
- OCF / Net Profit
- 2.02
- Cumulative 5-Year FCF
- -85
Mar 2022
- 24
- Cash from Investing
- -21
- Cash from Financing
- -9
- -6
- Free Cash Flow
- 3
- OCF / Net Profit
- 3.08
- Cumulative 5-Year FCF
- -81
- OCF / Net Profit
- 3.08
- Cumulative 5-Year FCF
- -81
Mar 2023
- 8
- Cash from Investing
- -3
- Cash from Financing
- 0
- 6
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- -37
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- -37
Mar 2024
- -14
- Cash from Investing
- -34
- Cash from Financing
- 52
- 4
- Free Cash Flow
- -14
- OCF / Net Profit
- -0.71
- Cumulative 5-Year FCF
- -26
- OCF / Net Profit
- -0.71
- Cumulative 5-Year FCF
- -26
Mar 2025
- -18
- Cash from Investing
- -40
- Cash from Financing
- 49
- -8
- Free Cash Flow
- -83
- OCF / Net Profit
- -0.75
- Cumulative 5-Year FCF
- -92
- OCF / Net Profit
- -0.75
- Cumulative 5-Year FCF
- -92
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 6.02 | 10.68 | 52.99 | 4.86 | 3.10 | 3.91 | 5.06 | 5.57 | 12.29 | 15.56 |
| Book Value (₹) | 105.26 | 115.93 | 306.80 | 43.77 | 46.86 | 50.93 | 55.15 | 60.88 | 103.78 | 119.47 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 |
| Cash EPS (₹) | 0.68 | 1.69 | 8.82 | 8.56 | 7.10 | 8.16 | 10.30 | 11.51 | 18.76 | 21.27 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 23.00% | 18.76% | 11.89% | 11.73% | 9.53% | 11.58% | 8.93% | 7.79% | 10.61% | 13.18% |
| Net Margin % | 13.91% | 8.09% | 4.16% | 4.24% | 2.82% | 3.34% | 2.60% | 2.84% | 5.09% | 6.11% |
| ROE % | 7.03% | 9.65% | 29.54% | 14.63% | 6.83% | 7.99% | 9.54% | 9.60% | 15.10% | 13.94% |
| ROCE % | 5.07% | 6.16% | 28.97% | 15.95% | 7.82% | 9.62% | 11.68% | 11.35% | 16.88% | 16.36% |
| 3.03% | 2.67% | 8.88% | 5.85% | 3.09% | 3.40% | 3.79% | 3.70% | 6.85% | 6.47% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 58 | 51 | 54 | 50 | 37 | 50 | 61 | 90 |
| Inventory Days | 88 | 44 | 30 | 61 | 82 | 98 | 75 | 83 | 64 | 64 |
| Payable Days | 113 | 371 | 93 | 110 | 78 | 68 | 63 | 91 | 70 | 53 |
| -25 | -327 | -4 | 1 | 58 | 80 | 49 | 42 | 55 | 101 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.54x | 1.89x | 1.13x | 0.69x | 0.94x | 1.00x | 0.92x | 0.91x | 0.54x | 0.78x |
| Interest Coverage (x) | 6.51x | 3.54x | 2.67x | 3.24x | 2.98x | 2.40x | 2.37x | 2.58x | 3.77x | 3.74x |
| 1.93x | 0.49x | 1.09x | 1.49x | 1.58x | 1.47x | 1.36x | 1.29x | 1.32x | 1.09x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 1499.11% | 205.17% | 1714.64% | 22.82% | -3.84% | 7.16% | 66.09% | 0.83% | 27.19% | 23.22% |
| Operating Profit Growth % | 1719.05% | 148.81% | 1264.86% | 20.53% | -22.18% | 29.34% | 28.38% | 6.72% | 64.80% | 23.18% |
| Net Profit Growth % | 1635.84% | 77.39% | 1008.18% | 24.37% | -36.25% | 26.19% | 29.56% | 10.06% | 127.77% | 26.58% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.05% | 120.67% | 26.58% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 61.95x | 124.75x | 131.97x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.67x | 14.77x | 17.18x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 21.32x | 53.42x | 58.80x |
Mar 2016
- EPS (₹)
- 6.02
- Book Value (₹)
- 105.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.68
- Operating Margin %
- 23.00%
- Net Margin %
- 13.91%
- ROE %
- 7.03%
- ROCE %
- 5.07%
- 3.03%
- Debtor Days
- 0
- Inventory Days
- 88
- Payable Days
- 113
- -25
- Debt to Equity (x)
- 1.54x
- Interest Coverage (x)
- 6.51x
- 1.93x
- Revenue Growth %
- 1499.11%
- Operating Profit Growth %
- 1719.05%
- Net Profit Growth %
- 1635.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 10.68
- Book Value (₹)
- 115.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.69
- Operating Margin %
- 18.76%
- Net Margin %
- 8.09%
- ROE %
- 9.65%
- ROCE %
- 6.16%
- 2.67%
- Debtor Days
- 0
- Inventory Days
- 44
- Payable Days
- 371
- -327
- Debt to Equity (x)
- 1.89x
- Interest Coverage (x)
- 3.54x
- 0.49x
- Revenue Growth %
- 205.17%
- Operating Profit Growth %
- 148.81%
- Net Profit Growth %
- 77.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 52.99
- Book Value (₹)
- 306.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.82
- Operating Margin %
- 11.89%
- Net Margin %
- 4.16%
- ROE %
- 29.54%
- ROCE %
- 28.97%
- 8.88%
- Debtor Days
- 58
- Inventory Days
- 30
- Payable Days
- 93
- -4
- Debt to Equity (x)
- 1.13x
- Interest Coverage (x)
- 2.67x
- 1.09x
- Revenue Growth %
- 1714.64%
- Operating Profit Growth %
- 1264.86%
- Net Profit Growth %
- 1008.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 4.86
- Book Value (₹)
- 43.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.56
- Operating Margin %
- 11.73%
- Net Margin %
- 4.24%
- ROE %
- 14.63%
- ROCE %
- 15.95%
- 5.85%
- Debtor Days
- 51
- Inventory Days
- 61
- Payable Days
- 110
- 1
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 3.24x
- 1.49x
- Revenue Growth %
- 22.82%
- Operating Profit Growth %
- 20.53%
- Net Profit Growth %
- 24.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.10
- Book Value (₹)
- 46.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.10
- Operating Margin %
- 9.53%
- Net Margin %
- 2.82%
- ROE %
- 6.83%
- ROCE %
- 7.82%
- 3.09%
- Debtor Days
- 54
- Inventory Days
- 82
- Payable Days
- 78
- 58
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 2.98x
- 1.58x
- Revenue Growth %
- -3.84%
- Operating Profit Growth %
- -22.18%
- Net Profit Growth %
- -36.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.91
- Book Value (₹)
- 50.93
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 8.16
- Operating Margin %
- 11.58%
- Net Margin %
- 3.34%
- ROE %
- 7.99%
- ROCE %
- 9.62%
- 3.40%
- Debtor Days
- 50
- Inventory Days
- 98
- Payable Days
- 68
- 80
- Debt to Equity (x)
- 1.00x
- Interest Coverage (x)
- 2.40x
- 1.47x
- Revenue Growth %
- 7.16%
- Operating Profit Growth %
- 29.34%
- Net Profit Growth %
- 26.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.06
- Book Value (₹)
- 55.15
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 10.30
- Operating Margin %
- 8.93%
- Net Margin %
- 2.60%
- ROE %
- 9.54%
- ROCE %
- 11.68%
- 3.79%
- Debtor Days
- 37
- Inventory Days
- 75
- Payable Days
- 63
- 49
- Debt to Equity (x)
- 0.92x
- Interest Coverage (x)
- 2.37x
- 1.36x
- Revenue Growth %
- 66.09%
- Operating Profit Growth %
- 28.38%
- Net Profit Growth %
- 29.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.57
- Book Value (₹)
- 60.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.51
- Operating Margin %
- 7.79%
- Net Margin %
- 2.84%
- ROE %
- 9.60%
- ROCE %
- 11.35%
- 3.70%
- Debtor Days
- 50
- Inventory Days
- 83
- Payable Days
- 91
- 42
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 2.58x
- 1.29x
- Revenue Growth %
- 0.83%
- Operating Profit Growth %
- 6.72%
- Net Profit Growth %
- 10.06%
- 10.05%
- P/E (x)
- 61.95x
- P/B (x)
- 5.67x
- Dividend Yield %
- 0.00%
- 21.32x
Mar 2024
- EPS (₹)
- 12.29
- Book Value (₹)
- 103.78
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 18.76
- Operating Margin %
- 10.61%
- Net Margin %
- 5.09%
- ROE %
- 15.10%
- ROCE %
- 16.88%
- 6.85%
- Debtor Days
- 61
- Inventory Days
- 64
- Payable Days
- 70
- 55
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 3.77x
- 1.32x
- Revenue Growth %
- 27.19%
- Operating Profit Growth %
- 64.80%
- Net Profit Growth %
- 127.77%
- 120.67%
- P/E (x)
- 124.75x
- P/B (x)
- 14.77x
- Dividend Yield %
- 0.07%
- 53.42x
Mar 2025
- EPS (₹)
- 15.56
- Book Value (₹)
- 119.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 21.27
- Operating Margin %
- 13.18%
- Net Margin %
- 6.11%
- ROE %
- 13.94%
- ROCE %
- 16.36%
- 6.47%
- Debtor Days
- 90
- Inventory Days
- 64
- Payable Days
- 53
- 101
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 3.74x
- 1.09x
- Revenue Growth %
- 23.22%
- Operating Profit Growth %
- 23.18%
- Net Profit Growth %
- 26.58%
- 26.58%
- P/E (x)
- 131.97x
- P/B (x)
- 17.18x
- Dividend Yield %
- 0.00%
- 58.80x
Documents
Announcements
- Shareholders meeting
2026-08-20 - Spectrum Electrical Industries Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on August 20, 2026
- Copy of Newspaper Publication
2026-08-15 - Spectrum Electrical Industries Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.