Has Spectra Industri declared dividend?

No Dividend History Available

When is the next results date for Spectra Industri?

No Upcoming Board Meetings

Who are the peers of the Spectra Industri?

Peers of Spectra Industri include Rasandik Engg., G S Auto Intl., Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Lak. Prec. Screw, Mandeep Auto, and ASL Industries. Jainex Aamcol shows the highest 1-year return at 30.23%, while Spectra Industri has a return of -13.04%.

Peers: The peers of Spectra Industri are Rasandik Engg., G S Auto Intl., Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Lak. Prec. Screw, Mandeep Auto, and ASL Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jainex Aamcol, while Average management risk is found at Mandeep Auto. Below Average management risk is noted for Rasandik Engg., G S Auto Intl., Sibar Auto Parts, and the rest. Growth is rated as Good for G S Auto Intl., while Average growth is seen at Mandeep Auto, and Below Average growth is noted for Rasandik Engg., Jainex Aamcol, Sibar Auto Parts, and the rest. All companies except Jainex Aamcol and Mandeep Auto have a Below Average capital structure, with Amforge Inds., Spectra Industri, Lak. Prec. Screw, and ASL Industries not qualifying.<BR><BR>Return Snapshot: Jainex Aamcol has the highest 1-year return at 30.23%, while Sibar Auto Parts has the lowest at -28.36%. Spectra Industri's 1-year return of -13.04% is better than Sibar Auto Parts but worse than Jainex Aamcol. Additionally, Rasandik Engg., G S Auto Intl., Sibar Auto Parts, Amforge Inds., Lak. Prec. Screw, and ASL Industries all have negative six-month returns.

Who are in the management team of Spectra Industri?

As of March 2022, the management team of Spectra Industri includes Jaidev Gupta (Executive Chairman), Priya Murlidhar Makhija (Non-Executive & Independent Director), Rakhi Gautam Patwa (Company Secretary & Compliance Officer), Sheela Gupta (Non-Executive & Non-Independent Director), and Prem Bhagnari (Independent Director).

As of March 2022, the management team of Spectra Industri includes the following members:<BR><BR>1. Jaidev Gupta - Executive Chairman<BR>2. Priya Murlidhar Makhija - Non-Executive & Independent Director<BR>3. Rakhi Gautam Patwa - Company Secretary & Compliance Officer<BR>4. Sheela Gupta - Non-Executive & Non-Independent Director<BR>5. Prem Bhagnari - Independent Director<BR><BR>These individuals play various roles within the company's governance and compliance structure.

What does Spectra Industri do?

Spectra Industries Ltd manufactures CRCA sheet coils and motor vehicle parts, operating as a micro-cap company. As of December 2023, it reported a net profit loss of 12 Cr and has a market cap of INR 3 Cr.

Overview:<BR>Spectra Industries Ltd is engaged in manufacturing CRCA sheet coils and motor vehicle parts, operating within the auto components and equipment industry, classified as a micro-cap company.<BR><BR>History:<BR>Incorporated in July 1992, Spectra Industries Ltd has faced challenges due to stiff competition in the market. The latest quarterly results reported are for December 2023.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -12 Cr (Quarterly Results - Dec 2023)<BR>Market-cap value: INR 3 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A (Loss Making)<BR>Industry P/E: 39<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -1.02<BR>Return on Equity: 10.58%<BR>Price to Book: -0.06<BR><BR>Contact Details:<BR>Address: Plot No 9 Spectra Compound, Ramchandra Lane Extn Kanchpada Mumbai Maharashtra : 400064<BR>Tel: 91-22-28893933/3394<BR>Email: info@spectraindustries.in/sepl12@<BR>Website: http://www.spectraindustries.in

Who are the top shareholders of the Spectra Industri?

The top shareholders of Spectra Industri include Prakash Heat Treatment And Industries P Ltd with 10.52%, Varju Investment Private Ltd with 3.23%, and individual investors holding 37.1%. There are also three mutual funds with a combined 0.09%, but no foreign institutional investors are involved.

The top shareholders of Spectra Industri include the promoters, who hold the majority of the shares. The promoter with the highest holding is Prakash Heat Treatment And Industries P Ltd, which owns 10.52% of the company. The highest public shareholder is Varju Investment Private Ltd, holding 3.23%. Additionally, individual investors collectively hold 37.1% of the shares. There are also three mutual funds that hold a small portion, accounting for 0.09%, but there are no foreign institutional investors (FIIs) involved.

How big is Spectra Industri?

As of 24th July, Spectra Industries Ltd has a market capitalization of 3.00 Cr and reported net sales of 0.00 Cr with a net loss of 2.47 Cr over the last four quarters. Shareholder's funds are at a loss of 52.29 Cr, with total assets valued at 10.76 Cr.

As of 24th July, <BR><BR>Market Cap: Spectra Industries Ltd has a market capitalization of 3.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period reflects a loss of 2.47 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2023. Shareholder's Funds stand at a loss of 52.29 Cr, and Total Assets are valued at 10.76 Cr.

How has been the historical performance of Spectra Industri?

Spectra Industri has experienced a significant decline in financial performance from March 2018 to March 2023, with net sales dropping to zero and consistent operating losses, culminating in a loss of -3.34 Cr in March 2023. Despite some positive cash flow from operations, the company's overall financial health has deteriorated, marked by a shrinking asset base and negative cash flow from financing activities.

Answer:<BR>The historical performance of Spectra Industri shows a significant decline in financial metrics over the years, particularly from March 2018 to March 2023.<BR><BR>Breakdown:<BR>Spectra Industri's net sales have dropped to zero from a peak of 131.56 Cr in March 2017, with the last recorded sales being 0.53 Cr in March 2019. Total operating income followed a similar trend, falling to zero by March 2023. The company's total expenditure, excluding depreciation, decreased from 130.30 Cr in March 2017 to 0.62 Cr in March 2023, indicating a drastic reduction in operational activities. Operating profit has consistently been negative since March 2019, culminating in a loss of -0.62 Cr in March 2023. Profit before tax and profit after tax also reflect this downward trajectory, with losses reaching -3.45 Cr and -3.34 Cr respectively in March 2023. The company's total liabilities have decreased from 51.35 Cr in March 2018 to 10.76 Cr in March 2023, while total assets have similarly declined from 51.35 Cr to 10.76 Cr over the same period. Cash flow from operating activities has shown some positive movement, reaching 5.00 Cr in March 2023, but cash flow from financing activities remains negative, indicating ongoing financial challenges. Overall, the financial health of Spectra Industri has deteriorated significantly, with mounting losses and a shrinking asset base.

Should I buy, sell or hold Spectra Industri?

Why is Spectra Industri falling/rising?

As of 14-Dec, Spectra Industries Ltd's stock price is stable at 5.00 but has underperformed its sector by 5.59% today and declined 7.75% over the last two days. Weak fundamentals, stagnant growth, and high debt levels contribute to its negative performance and riskiness compared to historical valuations.

As of 14-Dec, Spectra Industries Ltd's stock price is currently stable at 5.00, with no change recorded. However, the stock has been experiencing a downward trend, having underperformed its sector by 5.59% today and showing a consecutive decline over the last two days, resulting in a total drop of 7.75% during this period. <BR><BR>In terms of performance over the past week, the stock has decreased by 1.96%, while the benchmark Sensex has only fallen by 0.52%. Over the last month, the stock has declined by 3.29%, contrasting with a 0.95% increase in the Sensex. This trend indicates that the stock is not only falling but is also lagging behind the broader market.<BR><BR>The company's long-term fundamentals appear weak, as it has not declared results in the last six months, raising concerns about its financial health. Additionally, the company has shown poor long-term growth, with net sales growing at an annual rate of 0% and operating profit remaining stagnant over the last five years. The high debt levels, indicated by a debt-to-equity ratio of 0, further exacerbate the situation, making the stock risky compared to its historical valuations.<BR><BR>Despite a rise in investor participation, with a 41.51% increase in delivery volume on December 10 compared to the five-day average, the overall sentiment remains negative due to the lack of recent financial results and the stock's poor performance relative to both its sector and the market. Thus, the combination of weak fundamentals, recent performance trends, and high debt levels contribute to the stock's current downward trajectory.

Which are the latest news on Spectra Industri?