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 |
Documents link to external sources (exchange filings, company investor pages).
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 |
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.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Indo-Mim LimitedINDOMIMINDOMIM | ₹62,891 Cr | ₹63,981 Cr | ₹4,193 Cr | ₹1,071 Cr | 25.5% | ₹534 Cr | 12.7% | 29.6% | 21.3% | — |
| Aditya Infotech LimitedCPPLUSCPPLUS | ₹44,797 Cr | ₹44,910 Cr | ₹4,883 Cr | ₹709 Cr | 13.4% | ₹477 Cr | 8.7% | 33.8% | 25.5% | 61 |
| Syrma Sgs Technology LimitedSYRMASYRMA | ₹33,121 Cr | ₹33,474 Cr | ₹5,464 Cr | ₹610 Cr | 11.3% | ₹402 Cr | 7.2% | 18.7% | 15% | 48 |
| Honeywell Automation India LimitedHONAUTHONAUT | ₹29,454 Cr | ₹29,454 Cr | ₹4,703 Cr | ₹637 Cr | 12.9% | ₹551 Cr | 11.2% | 16.7% | 12.4% | -12 |
| Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC | ₹23,470 Cr | ₹24,320 Cr | ₹2,191 Cr | ₹535 Cr | 25.2% | ₹322 Cr | 16.1% | 25.3% | 18.2% | 359 |
| Kaynes Technology India LimitedKAYNESKAYNES | ₹22,773 Cr | ₹23,648 Cr | ₹3,899 Cr | ₹609 Cr | 15.8% | ₹346 Cr | 10% | 15.4% | 9.6% | 193 |
| Lmw LimitedLMWLMW | ₹17,706 Cr | ₹17,706 Cr | ₹3,374 Cr | ₹219 Cr | 5.3% | ₹175 Cr | 4.1% | 6.4% | 4.6% | 23 |
| Tega Industries LimitedTEGATEGA | ₹15,721 Cr | ₹16,039 Cr | ₹3,059 Cr | ₹231 Cr | 13.7% | ₹21 Cr | 8.4% | 8.5% | 5.9% | 153 |
| Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG | ₹14,553 Cr | ₹14,587 Cr | ₹1,611 Cr | ₹229 Cr | 14.5% | ₹163 Cr | 15.2% | 17.5% | 16.4% | 184 |
| Kennametal India LimitedKENNAMETKENNAMET | ₹9,411 Cr | ₹9,411 Cr | ₹991 Cr | ₹179 Cr | 18.1% | ₹114 Cr | 11.5% | 24.5% | 18.5% | 170 |
| Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH | ₹9,354 Cr | ₹9,883 Cr | ₹1,675 Cr | ₹200 Cr | 11.3% | ₹42 Cr | 2% | 12.3% | 4.3% | 142 |
| 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 |
Announcement under Regulation 30 (LODR)-Newspaper Publication
Reg. 34 (1) Annual Report.
Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Notice Of Annual General Meeting To Be Held On September 30, 2026
Board Meeting Outcome for Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Outcome Of Board Meeting Held On September 04, 2026.
Board Meeting Intimation for Spectrum Electrical Industries Limited Has Informed The Exchange About The Board Meeting Scheduled To Be Held On Friday, September 4, 2026.
Spectrum Electrical Industries Limited Receipt Of In-Principle Approval From The Stock Exchanges For Preferential Issue
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Shareholder Meeting / Postal Ballot-Outcome of EGM
| Date | Category | Subject | Filing |
|---|---|---|---|
| 9 Sept 2026, 1:12 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication | |
| 8 Sept 2026, 4:28 pm | Others Reg. 34 (1) Annual Report | Reg. 34 (1) Annual Report. |
| 8 Sept 2026, 4:22 pm | AGM/EGM AGM | Spectrum Electrical Industries Limited Has Informed The Exchange Regarding Notice Of Annual General Meeting To Be Held On September 30, 2026 |
| 4 Sept 2026, 5:05 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 04, 2026. |
| 31 Aug 2026, 8:55 pm | Board Meeting | Board Meeting Intimation for Spectrum Electrical Industries Limited Has Informed The Exchange About The Board Meeting Scheduled To Be Held On Friday, September 4, 2026. |
| 31 Aug 2026, 8:12 pm | Company Update General | Spectrum Electrical Industries Limited Receipt Of In-Principle Approval From The Stock Exchanges For Preferential Issue |
| 21 Aug 2026, 5:37 pm | AGM/EGM EGM | Shareholder Meeting / Postal Ballot-Scrutinizer"s Report |
| 20 Aug 2026, 6:32 pm | AGM/EGM EGM | Shareholder Meeting / Postal Ballot-Outcome of EGM |
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% |