Spectra Industri

Which are the latest news on Spectra Industri?

Why is Spectra Industries Ltd falling/rising?

As of 19-Jun, the stock price of Spectra Industries Ltd is 4.32, showing no change but reflecting a downward trend with a 5.88% decline over the past week and a 23.81% drop over the past year. Despite increased investor participation, the stock underperforms against the benchmark Sensex and is trading below key moving averages, indicating a bearish outlook.

As of 19-Jun, the stock price of Spectra Industries Ltd is currently at 4.32, with no change from the previous trading session. The stock has been experiencing a downward trend, as evidenced by its performance over various periods. Over the past week, the stock has fallen by 5.88%, and in the last month, it has decreased by 7.89%. Additionally, the stock has underperformed compared to the benchmark Sensex, which has gained 1.69% in the same week and 2.13% over the past month.<BR><BR>The stock's performance year-to-date shows a modest increase of 4.85%, contrasting with the Sensex's decline of 9.88%. However, over the longer term, the stock has faced significant challenges, with a 23.81% drop over the past year and an 18.64% decline over the last five years. Furthermore, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Despite these negative indicators, there has been a notable increase in investor participation, with delivery volume rising by 286.1% on June 12 compared to the 5-day average. However, the overall performance today shows that the stock has underperformed its sector by 1.93%, and it has not traded on two days out of the last 20, suggesting erratic trading behavior.<BR><BR>In summary, the combination of recent price declines, underperformance against the benchmark, and trading below moving averages contributes to the perception that Spectra Industries Ltd is currently in a falling trend.

How big is Spectra Industri?

As of 10th June, Spectra Industries Ltd has a market capitalization of 3.00 Cr and reported a net loss of 2.47 Cr over the last four quarters, with total assets of 10.76 Cr.

As of 10th June, <BR><BR>Market Cap: Spectra Industries Ltd has a market capitalization of 3.00 Cr, classified as a Micro Cap.<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 is March 2023, with Shareholder's Funds amounting to a loss of 52.29 Cr and Total Assets valued at 10.76 Cr.

Who are in the management team of Spectra Industri?

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).

The management team of Spectra Industri includes the following individuals:<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>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Spectra Industri?

Spectra Industri's peers include Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Kairosoft AI, Lak. Prec. Screw, and Mandeep Auto, with varying management and growth risks. Jainex Aamcol has the highest 1-year return at -23.97%, while Kairosoft AI has the lowest at -63.30%.

Peers: The peers of Spectra Industri are Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Kairosoft AI, Lak. Prec. Screw, and Mandeep Auto.<BR><BR>Quality Snapshot: Below Average management risk is observed at Rasandik Engg., Jagan Lamps, Sibar Auto Parts, and Kairosoft AI, while Average management risk is found at Jainex Aamcol and Mandeep Auto. Amforge Inds. and Lak. Prec. Screw do not qualify for management risk assessment. Below Average growth is noted for Rasandik Engg., Jagan Lamps, Sibar Auto Parts, and Kairosoft AI, while Average growth is seen at Jainex Aamcol and Mandeep Auto. Amforge Inds. and Lak. Prec. Screw do not qualify for growth assessment. Capital Structure ratings show Good at Jagan Lamps and Mandeep Auto, Below Average at Rasandik Engg., Jainex Aamcol, Sibar Auto Parts, and Kairosoft AI, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jainex Aamcol at -23.97%, while the lowest is Kairosoft AI at -63.30%. Spectra Industri's 1-year return of -25.93% is better than Kairosoft AI's but worse than Jainex Aamcol's. Additionally, peers with negative six-month returns include Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., and Kairosoft AI.

What does Spectra Industri do?

Spectra Industries Ltd manufactures CRCA sheet coils and auto parts, operating as a micro-cap company. As of December 2023, it reported a net loss of 1 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, categorized as a micro-cap company.<BR><BR>History:<BR>Incorporated in July 1992, Spectra Industries Ltd has faced stiff competition in the market, leading to pressure on pricing from automobile manufacturers. The latest financial results reported are for the quarter ending December 2023.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -1 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: 24<BR>Dividend Yield: 0.00%<BR>Debt Equity: -1.02<BR>Return on Equity: 10.58%<BR>Price to Book: -0.05<BR><BR>Contact Details:<BR>Address: Plot No 9 Spectra Compound, Ramchandra Lane Extn Kanchpada Mumbai Maharashtra : 400064<BR>Phone: 91-22-28893933/3394<BR>Email: info@spectraindustries.in/sepl12@<BR>Website: http://www.spectraindustries.in

Should I buy, sell or hold Spectra Industries Ltd?

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.

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.

When is the next results date for Spectra Industri?

No Upcoming Board Meetings

Has Spectra Industri declared dividend?

No Dividend History Available