Spectrum Electr.

Why is Spectrum Electrical Industries Ltd falling/rising?

As of 12-Jun, Spectrum Electrical Industries Ltd's stock price is at 1,599.75, down 0.42%. Despite strong long-term growth indicators, recent performance shows a decline of 5.49% over three days and reduced investor participation, indicating short-term weakness.

As of 12-Jun, Spectrum Electrical Industries Ltd's stock price is falling, currently at 1,599.75, reflecting a decrease of 6.7 points or 0.42%. The stock has been underperforming, having lost 5.49% over the last three days, and it has a one-week decline of 9.74%, while the benchmark Sensex has gained 1.73% during the same period. <BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.45%, despite the Electric Equipment sector gaining 2.04%. Additionally, there has been a notable decline in investor participation, with delivery volume on June 11 falling by 32.19% compared to the five-day average. Although the stock's moving averages are higher than the 20, 50, 100, and 200-day averages, it is lower than the 5-day moving average, suggesting recent weakness in momentum.<BR><BR>Despite the company's strong long-term growth indicators, such as a 26.90% annual growth rate in net sales and a 112.83% increase in net profit, the short-term performance is currently overshadowed by recent declines and reduced trading activity.

Which are the latest news on Spectrum Electr.?

What does Spectrum Electr. do?

Spectrum Electrical Industries Ltd is a small-cap company in the Other Electrical Equipment industry, reporting net sales of ₹283 Cr and a net profit of ₹27 Cr for March 2026. It has a market cap of ₹2,580 Cr, a P/E ratio of 50, and a debt-equity ratio of 0.76.

Overview:<BR>Spectrum Electrical Industries Ltd operates in the Other Electrical Equipment industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was originally incorporated as Spectrum Polytech Private Limited in 2008. It underwent several name changes, becoming Spectrum Electrical Component Private Limited in 2014 and later Spectrum Electrical Industries Private Limited in 2018. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 283 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 27 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 2,580 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 50.00 <BR>Industry P/E: 58 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.76 <BR>Return on Equity: 17.74% <BR>Price to Book: 11.08 <BR><BR>Contact Details:<BR>Address: Plot No. V -195, Midc Area, Ajanta Road, None, Jalgaon Maharashtra : 425003 <BR>Tel: 02-57 2210 192 <BR>Website: www.spectrum-india.com

How big is Spectrum Electr.?

As of 10th June, Spectrum Electrical Industries Ltd has a market capitalization of 2,580.00 Cr, with recent net sales of 611.37 Cr and a net profit of 50.11 Cr. Shareholder's funds are 169.68 Cr, and total assets are 317.25 Cr.

As of 10th June, Spectrum Electrical Industries Ltd has a market capitalization of 2,580.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 611.37 Cr and a Net Profit of 50.11 Cr.<BR><BR>For the latest annual period ending in March 2024, the Shareholder's Funds amounted to 169.68 Cr, while Total Assets were reported at 317.25 Cr.

Who are in the management team of Spectrum Electr.?

The management team of Spectrum Electr. includes Deepak Suresh Chaudhari (Managing Director), Bharti Deepak Chaudhari (Whole-time Director), and several directors, including independent directors and a company secretary, responsible for the company's operations and strategic direction.

The management team of Spectrum Electr. includes the following individuals:<BR><BR>1. **Deepak Suresh Chaudhari** - Managing Director<BR>2. **Bharti Deepak Chaudhari** - Whole-time Director<BR>3. **Chandrakant Bhaskar Rane** - Director<BR>4. **Devendra Sudhakar Rane** - Director<BR>5. **Sanjay Padmakar Pawde** - Independent Director<BR>6. **Narendra Daulatrao Wagh** - Independent Director<BR>7. **Saurabh Shrikant Malpani** - Independent Director<BR>8. **Sarita Zamwar** - Company Secretary<BR>9. **Kishor Dalu Dhake** - Additional Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Spectrum Electr.?

Spectrum Electr.'s peers include Websol Energy, Shilchar Tech., Ram Ratna Wires, Bharat Bijlee, HPL Electric, Yash Highvoltage, Marsons, Alpex Solar, and Servotech Renew. In terms of management risk, growth, and capital structure, Spectrum Electr. ranks average compared to its peers, with a 1-year return of 1.70%.

Peers: The peers of Spectrum Electr. are Websol Energy, Shilchar Tech., Ram Ratna Wires, Bharat Bijlee, HPL Electric, Yash Highvoltage, Marsons, Alpex Solar, and Servotech Renew.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shilchar Tech., Yash Highvoltage, and Alpex Solar, while Average management risk is found at Websol Energy, Ram Ratna Wires, Bharat Bijlee, Spectrum Electr., HPL Electric, and Servotech Renew, and Below Average management risk is noted at Marsons. For growth, Excellent growth is seen at Websol Energy, Shilchar Tech., Ram Ratna Wires, Bharat Bijlee, Yash Highvoltage, Alpex Solar, and Servotech Renew, while Spectrum Electr. shows Good growth and HPL Electric has Average growth. In terms of Capital Structure, Excellent capital structure is noted at Shilchar Tech., Bharat Bijlee, Yash Highvoltage, and Alpex Solar, while Good capital structure is seen at Websol Energy and Servotech Renew, Average capital structure is found at Spectrum Electr. and Ram Ratna Wires, and Below Average capital structure is observed at HPL Electric and Marsons.<BR><BR>Return Snapshot: Yash Highvoltage has the highest 1-year return at 114.75%, while HPL Electric has the lowest at -38.90%. Spectrum Electr.'s 1-year return is 1.70%, which is significantly lower than Yash Highvoltage's return but higher than HPL Electric's. Additionally, HPL Electric, Marsons, and Servotech Renew have negative six-month returns.

Should I buy, sell or hold Spectrum Electrical Industries Ltd?

Are Spectrum Electrical Industries Ltd latest results good or bad?

Spectrum Electrical Industries Ltd reported strong Q4 FY26 results, with a net profit of ₹26.55 crore, up 162.35% QoQ and 95.51% YoY, and revenue growth of 125.80% QoQ. While operational performance is impressive, the high price-to-earnings ratio raises concerns about future valuation.

Spectrum Electrical Industries Ltd has reported exceptionally strong results for Q4 FY26, indicating a very positive performance. The company achieved a net profit of ₹26.55 crore, marking a remarkable increase of 162.35% quarter-on-quarter (QoQ) and 95.51% year-on-year (YoY). Revenue also saw significant growth, reaching ₹282.95 crore, which is a 125.80% increase QoQ and 67.88% YoY. <BR><BR>The operating margin improved to 16.09%, the highest quarterly margin recorded by the company, reflecting enhanced operational efficiency and effective cost management. Additionally, the profit after tax margin rose to 9.35%, up from 8.15% in the previous quarter.<BR><BR>Overall, these results demonstrate strong execution and a robust growth trajectory, positioning Spectrum Electrical Industries favorably within the electrical equipment sector. However, while the operational performance is commendable, the company's valuation remains a concern, trading at a high price-to-earnings ratio, which may limit future upside potential.

When is the next results date for Spectrum Electrical Industries Ltd?

The next results date for Spectrum Electrical Industries Ltd is 26 May 2026.

The next results date for Spectrum Electrical Industries Ltd is scheduled for 26 May 2026.

Is Spectrum Electr. technically bullish or bearish?

As of December 2, 2025, the market trend has shifted to mildly bearish, influenced by bearish signals from Bollinger Bands and Dow Theory, despite some mild bullishness from the weekly MACD and a lack of momentum indicated by the RSI.

As of 2 December 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish, driven primarily by the weekly MACD indicating mild bullishness but overshadowed by bearish signals from the Bollinger Bands and Dow Theory. The recent price action shows a significant drop from the previous close, and the RSI shows no signal, indicating a lack of momentum. Overall, the indicators suggest a bearish outlook with weak strength.

How has been the historical performance of Spectrum Electr.?

Spectrum Electr. has shown consistent growth in net sales and profits, with net sales increasing from 142.30 Cr in Mar'20 to 402.24 Cr in Mar'25, and profit after tax rising from 4.68 Cr to 25.42 Cr in the same period. The company's total assets also grew significantly, indicating a strong upward trajectory in financial performance.

Answer:<BR>The historical performance of Spectrum Electr. shows a consistent growth trend in net sales and profits over the years.<BR><BR>Breakdown:<BR>Spectrum Electr. has demonstrated significant growth in net sales, increasing from 142.30 Cr in Mar'20 to 402.24 Cr in Mar'25. The total operating income followed a similar trajectory, reaching 402.24 Cr in Mar'25, up from 258.29 Cr in Mar'23. The raw material costs also rose, reflecting the increased sales, climbing from 95.03 Cr in Mar'20 to 281.38 Cr in Mar'25. Operating profit, excluding other income, improved from 15.82 Cr in Mar'20 to 53.83 Cr in Mar'25, while profit before tax surged from 6.48 Cr in Mar'20 to 35.87 Cr in Mar'25. Consequently, profit after tax rose from 4.68 Cr in Mar'20 to 25.42 Cr in Mar'25, indicating a robust growth in profitability. The company's total assets increased from 143.30 Cr in Mar'19 to 317.25 Cr in Mar'24, with total liabilities also rising but at a slower pace, from 88.74 Cr in Mar'24. Cash flow from financing activities showed a positive trend, with a net cash inflow of 3.00 Cr in Mar'24, up from 6.00 Cr in Mar'23. Overall, Spectrum Electr. has shown a strong upward trajectory in its financial performance over the years.

Who are the top shareholders of the Spectrum Electr.?

The top shareholders of Spectrum Electr. are Deepak Suresh Chaudhari with 52.85%, Sunil Pralhad Jangle as the highest public shareholder at 4.85%, and individual investors holding 13.91%. Additionally, four foreign institutional investors own a combined 3.67%, with no mutual funds involved.

The top shareholders of Spectrum Electr. include Deepak Suresh Chaudhari, who holds the largest stake at 52.85%. Other significant shareholders include Sunil Pralhad Jangle, the highest public shareholder, with a holding of 4.85%. Additionally, individual investors collectively own 13.91% of the company. The company also has four foreign institutional investors (FIIs) that hold a combined 3.67%, while there are currently no mutual funds involved.

Is Spectrum Electr. overvalued or undervalued?

As of June 2, 2025, Spectrum Electrical Industries Ltd. is considered very expensive and overvalued due to its high PE ratio of 94.10, EV to EBITDA of 49.67, and PEG ratio of 2.26, which are significantly higher than its peers, coupled with recent underperformance compared to the Sensex.

As of 2 June 2025, the valuation grade for Spectrum Electrical Industries Ltd. has moved from does not qualify to very expensive. The company is currently overvalued based on its high valuation metrics, including a PE ratio of 94.10, an EV to EBITDA of 49.67, and a PEG ratio of 2.26. These figures indicate that the stock is trading at a premium compared to its earnings growth potential.<BR><BR>In comparison to its peers, Spectrum's valuation appears significantly higher, with its PE ratio exceeding that of similar companies in the industry. For instance, while Spectrum has a PE of 94.10, other comparable firms have lower ratios, suggesting that investors are paying much more for each unit of earnings. Additionally, the company's recent stock performance has lagged behind the Sensex, with a 1-week return of -2.87% compared to the Sensex's 1.36% gain. Overall, the combination of high valuation ratios and underperformance relative to the market reinforces the conclusion that Spectrum Electrical is overvalued.

Has Spectrum Electr. declared dividend?

Yes, Spectrum Electrical Industries Ltd has declared a 10% dividend, with an ex-date of May 26, 2023. Total returns data is not available for a comprehensive performance assessment.

Yes, Spectrum Electrical Industries Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Ex-date: 26 May 23<BR><BR>Dividend Yield: Not found or marked as empty.<BR><BR>Total Returns by Period:<BR>The total return for the first period reflects a combination of price return and dividend return, resulting in a significant overall return.<BR><BR>In the second period, the total return showcases the impact of both price appreciation and dividends, contributing positively to the overall performance.<BR><BR>Overall, Spectrum Electrical Industries Ltd has declared a dividend, indicating a commitment to returning value to shareholders. However, the total returns data is not available, which limits a comprehensive assessment of the company's performance.