Spectrum Electrical Industries Ltd

Spectrum Electr. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Spectrum Electrical Industries Ltd

₹ 1,774 3.04%
22 Nov - close price
Company website NSE - SME: SPECTRUM
About

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]

Key Points

Business Verticals FY24

Website NSE - SM
  • Market Cap ₹ 2,768 Cr.
  • Current Price ₹ 1,774
  • High / Low ₹ 2,520 / 1,054
  • Stock P/E 130
  • Book Value ₹ 112
  • Dividend Yield 0.06 %
  • ROCE 16.6 %
  • ROE 15.1 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 21.9% CAGR over last 5 years

Cons

  • Stock is trading at 15.8 times its book value
  • Company has a low return on equity of 12.0% over last 3 years.
  • Debtor days have increased from 69.3 to 91.1 days.

* 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

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
74 69 55 98 123 129 126 132 135 193 159
64 63 48 84 109 118 114 116 117 167 139
Operating Profit 10 6 7 14 15 12 12 16 18 26 20
OPM % 14% 8% 12% 14% 12% 9% 10% 12% 13% 14% 13%
0 0 0 0 0 0 0 0 0 0 0
Interest 2 1 3 3 4 4 4 3 4 5 4
Depreciation 3 3 3 3 4 4 4 5 5 4 4
Profit before tax 5 1 1 8 7 4 4 8 10 17 12
Tax % 28% 28% 27% 28% 28% 28% 28% 28% 29% 27% 28%
4 1 0 6 5 3 3 6 7 12 9
EPS in Rs 2.45 0.64 0.27 3.64 3.36 1.71 1.81 3.76 4.68 7.93 5.70
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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 TTM
0 0 0 2 7 120 147 141 151 251 253 322 352
0 0 0 2 5 103 129 126 133 226 230 284 305
Operating Profit 0 0 0 0 1 16 18 15 19 25 23 38 47
OPM % 23% 19% 14% 12% 10% 12% 10% 9% 12% 13%
0 0 0 0 0 0 1 1 2 1 5 6 0
Interest 0 0 0 0 0 4 3 3 6 8 7 9 10
Depreciation 0 0 0 0 0 4 6 6 6 8 9 9 8
Profit before tax 0 0 0 0 1 8 10 6 8 11 12 27 29
Tax % 23% 20% 27% 28% 28% 28% 28% 28% 28%
0 0 0 0 1 6 7 5 6 8 8 19 21
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 13.63
Dividend Payout % 0% 0% 0% 0% 0% 26% 20% 0% 8%
Compounded Sales Growth
10 Years: %
5 Years: 17%
3 Years: 29%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: 22%
3 Years: 49%
TTM: 67%
Stock Price CAGR
10 Years: %
5 Years: 99%
3 Years: 226%
1 Year: 60%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 12%
Last Year: 15%

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 Sep 2024
Equity Capital 0.01 0.01 0.01 5 5 11 15 15 15 15 15 16 16
Reserves 0 0 0 0 1 23 51 56 62 68 77 151 160
0 0 0 8 11 38 46 67 77 77 84 88 89
0 0 0 2 8 35 31 22 34 56 64 61 56
Total Liabilities 0 0 0 15 25 108 143 159 188 216 239 316 320
0 0 0 2 6 50 45 45 70 80 75 77 75
CWIP 0 0 0 9 14 0 6 20 1 3 7 10 18
Investments 0 0 0 0 0 4 9 10 14 15 16 38 32
0 0 0 5 5 54 83 84 103 117 141 191 195
Total Assets 0 0 0 15 25 108 143 159 188 216 239 316 320

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 91
Inventory Days 190 95 106 139 157 207 135 143 102
Days Payable 190 695 148 98 55 86 78 102 61
Cash Conversion Cycle 0 -601 26 105 163 183 107 108 133
Working Capital Days 461 -281 48 87 118 126 86 105 137
ROCE % 0% 0% 6% 28% 14% 8% 10% 12% 11% 17%

Shareholding Pattern

Numbers in percentages

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
68.64% 68.64% 68.64% 68.64% 68.91% 69.48% 71.45% 71.45% 71.45% 74.88% 72.53% 72.53%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.56% 2.51% 2.69%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00% 0.31% 0.33%
31.38% 31.37% 31.37% 31.37% 31.09% 30.51% 28.55% 28.55% 28.48% 24.56% 24.64% 24.45%
No. of Shareholders 1211181161091011091041091702726281,166

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls

  • Feb 2024
    Transcript
    Notes
    PPT
  • Feb 2024
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