Spectrum Electrical Industries is a manufacturer of industrial products in the Industrials sector, with a market cap of ₹3,511.93 Cr. The company achieved standalone quarterly revenue of ₹184.26 Cr in Mar 2026, positioning it as a mid-sized player in industrial manufacturing.
PE ratio of 70.08 represents elevated valuation with limited cushion for earnings shortfalls
Operating margins range from 12.73% to 17.16% across quarters, indicating sensitivity to cost and demand fluctuations
Debt-to-equity of 0.9 carries moderate leverage—verify covenant structures and liquidity headroom into sector downturns
Stock has appreciated 50.57% over 12 months, creating correction risk if growth expectations disappoint
Generated analysis · source review pending
Standalone revenue grew from ₹85.43 Cr (Jun 2025) to ₹184.26 Cr (Mar 2026)—verify if sustainable and driven by volume or new customer wins
Operating margins expanded from 12.73% (Sep 2025) to 17.16% (Mar 2026)—verify whether from cost discipline, pricing, or product mix
ROE of 20.42% reflects capital efficiency—verify if this sustains through sector cycles and competitive pressure
Generated analysis · source review pending
1,005 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 29.9% | 31.2% | 32.3% |
| EBITDA margin % | 12.4% | 13.4% | 15.2% |
| EBIT margin % | 9.3% | 11% | 12.8% |
| PAT margin % | 5.9% | 6.3% | 8.5% |
| Working capital | |||
| Receivable days | 91 | 113 | 60 |
| Inventory days | 102 | 101 | 157 |
| Payable days | 60 | 50 | 92 |
| NWC days | 133 | 164 | 124 |
| Leverage | |||
| Current ratio | 1.34 | 1.33 | 1.34 |
| Debt to EBITDA | 2.14 | 3.13 | 2.75 |
| Debt to equity | 0.53 | 0.88 | 0.9 |
| Interest coverage | 3.8 | 3.7 | 4.9 |
| Asset turnover | 1.03 | 0.9 | 0.79 |
| Return ratios | |||
| Return on assets % | 6.1% | 5.7% | 6.7% |
| Return on capital employed % | 19% | 20.6% | 19.9% |
| Return on equity % | 11.8% | 13.3% | 18.2% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No scheme among the 32 fund houses on record reported a position in Spectrum Electrical Industries Limited. Portfolios are published monthly by each AMC; coverage is still partial.
| Holder (%) | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| 72.53% | 72.53% | 72.53% | 72.72% | 72.72% | 72.72% | 72.72% | |
| 2.97% | 3.67% | 4.11% | 4.33% | 4.66% | 4.94% | 3.64% | |
| 0.33% | 0.34% | 0.34% | 0.34% | 0.34% | 0.34% | 0.36% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 24.17% | 23.46% | 23.02% | 22.61% | 22.28% | 22% | 23.28% | |
| No. of shareholders | — | — | — | 1,802 | 1,925 | 1,808 | 2,840 |
Promoter holding up 0.19 percentage points since Dec 2024.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 10 Sept 2026 | AJAY BHIKAMCHAND JAIN | Block | BSE | Sell | 1,15,000 | ₹2,651.00 | ₹30.49 Cr |
| 10 Sept 2026 | MOTILAL OSWAL MUTUAL FUND | Bulk | BSE | Buy | 1,15,000 | ₹2,651.00 | ₹30.49 Cr |
| 10 Sept 2026 | AJAY BHIKAMCHAND JAIN | Bulk | BSE | Sell | 1,15,000 | ₹2,651.00 | ₹30.49 Cr |
| 10 Sept 2026 | MOTILAL OSWAL MUTUAL FUND | Block | BSE | Buy | 1,15,000 | ₹2,651.00 | ₹30.49 Cr |
| 1 Dec 2022 | INVESTINO VENTURE LLP . | Bulk | NSE | Sell | 7,62,000 | ₹72.55 | ₹5.53 Cr |
| 1 Dec 2022 | ARIHANT CAPITAL MARKETS LIMTED | Bulk | NSE | Sell | 7,38,000 | ₹72.55 | ₹5.35 Cr |
| 1 Dec 2022 | REKHA GUNAVANTH KUMAR | Bulk | NSE | Buy | 2,20,000 | ₹72.55 | ₹1.60 Cr |
| 1 Dec 2022 | BIGCAPITA SECURITIES PRIATE LIMITED | Bulk | NSE | Buy | 1,40,000 | ₹72.55 | ₹1.02 Cr |
| 1 Dec 2022 | NAV RATAN BHAIYA | Bulk | NSE | Buy | 84,000 | ₹72.55 | ₹0.61 Cr |
| 3 Jan 2022 | INVESTINO VENTURE LLP . | Bulk | NSE | Sell | 1,88,000 | ₹53.10 | ₹1.00 Cr |
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Documents link to external sources (exchange filings, company investor pages).
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| Standard Engineering Technology LimitedSETLSETL | ₹8,318 Cr | ₹8,376 Cr | ₹849 Cr | ₹129 Cr | 15.4% | ₹89 Cr | 10.7% | 15.5% | 10.7% | 335 |
Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Receipt Of Listing Approval From The Stock Exchanges.
Shareholder Meeting / Postal Ballot-Outcome of AGM
Closure of Trading Window
Spectrum Electrical Industries Limited Has Informed The Exchange About General Updates
Board Meeting Outcome for Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Outcome Of Board Meeting Held On September 20, 2026
Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') - Board Meeting To Be Held On Sunday - 20Th September, 2026.
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Announcement under Regulation 30 (LODR)-Allotment
| Date | Category | Subject | Filing |
|---|---|---|---|
| 1 Oct 2026, 8:55 pm | Company Update General | Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Receipt Of Listing Approval From The Stock Exchanges. | |
| 30 Sept 2026, 3:14 pm | AGM/EGM AGM | Shareholder Meeting / Postal Ballot-Outcome of AGM |
| 27 Sept 2026, 1:22 pm | Insider Trading / SAST Closure of Trading Window | Closure of Trading Window |
| 22 Sept 2026, 5:42 pm | Company Update General | Spectrum Electrical Industries Limited Has Informed The Exchange About General Updates |
| 20 Sept 2026, 6:09 pm | Board Meeting Outcome of Board Meeting | Board Meeting Outcome for Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Outcome Of Board Meeting Held On September 20, 2026 |
| 16 Sept 2026, 8:12 pm | Board Meeting | Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') - Board Meeting To Be Held On Sunday - 20Th September, 2026. |
| 16 Sept 2026, 7:49 pm | Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 | Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 |
| 11 Sept 2026, 3:05 pm | Company Update Allotment of Equity Shares | Announcement under Regulation 30 (LODR)-Allotment |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 328 | 402 | 526 | |
| COGS | 230 | 277 | 356 |
| Gross profit | 98 | 125 | 170 |
| 57 | 71 | 90 | |
| 41 | 54 | 80 | |
| OPM % | 12.4% | 13.4% | 15.2% |
| Depreciation | 10 | 9 | 12 |
| Interest | 10 | 13 | 15 |
| 6 | 5 | 5 | |
| Profit before tax | 27 | 36 | 58 |
| Tax | 7 | 10 | 14 |
| Tax % | 27.7% | 29.1% | 23.4% |
| 19 | 25 | 44 | |
| PAT margin % | 5.9% | 6.3% | 8.5% |
| EPS (₹) | 12.4 | 16.4 | 28.3 |
| EPS adjusted (₹) | 12.4 | 16.4 | 28.3 |
| Annual report | — | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity capital | 15 | 16 | 16 | 16 |
| Reserves | 73 | 150 | 175 | 229 |
| Minority interest | — | — | 0 | 0 |
| 96 | 88 | 168 | 219 | |
| 70 | 65 | 86 | 204 | |
| Total equity & liabilities | 253 | 318 | 445 | 668 |
| 85 | 87 | 138 | 114 | |
| CWIP | 15 | 23 | 38 | 172 |
| Investments | 0 | 0 | 1 | 1 |
| 153 | 209 | 268 | 381 | |
| Total assets | 253 | 318 | 445 | 668 |
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 4 | -26 | 94 | |
| -38 | -53 | -136 | |
| 37 | 72 | 48 | |
| Net cash flow | 3 | -7 | 6 |
| Free cash flow | -15 | -88 | -48 |
| CFO / Operating profit % | 10.2% | -48.9% | 118.5% |