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.

Who are in the management team of Spectrum Electr.?

As of March 2020, 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.

As of March 2020, 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>These individuals hold various positions within the company, contributing to its governance and operations.

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.

Who are the peers of the Spectrum Electr.?

Spectrum Electr.'s peers include Bharat Bijlee, Marsons, Ram Ratna Wires, RIR Power Electr, Yash Highvoltage, Salzer Electron., Alpex Solar, Danish Power, and Servotech Renew. Notably, Yash Highvoltage and Danish Power exhibit excellent management and capital structures, while Marsons has the highest 1-year return at 369.74%, and Bharat Bijlee has the lowest at -36.38%.

Peers: The peers of Spectrum Electr. are Bharat Bijlee, Marsons, Ram Ratna Wires, RIR Power Electr, Yash Highvoltage, Salzer Electron., Alpex Solar, Danish Power, and Servotech Renew.<BR><BR>Quality Snapshot: Excellent management risk is observed at Yash Highvoltage and Danish Power, while Average management risk is found at Bharat Bijlee, Marsons, Ram Ratna Wires, Spectrum Electr., RIR Power Electr, Salzer Electron., Alpex Solar, Servotech Renew, and the rest. For growth, Excellent growth is noted at Yash Highvoltage, Alpex Solar, and Danish Power, while Good growth is seen at Marsons, Ram Ratna Wires, Spectrum Electr., and the rest. In terms of capital structure, Excellent capital structure is present at Yash Highvoltage and Danish Power, Good capital structure is found at Bharat Bijlee and RIR Power Electr, while Average capital structure is observed at Spectrum Electr. and Alpex Solar, and Below Average capital structure is noted at Marsons, Ram Ratna Wires, and Salzer Electron.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Marsons at 369.74%, while the peer with the lowest is Bharat Bijlee at -36.38%. Spectrum Electr.'s 1-year return is not available for comparison. Additionally, Salzer Electron. and RIR Power Electr have negative six-month returns.

What does Spectrum Electr. do?

Spectrum Electrical Industries Ltd is a small-cap company in the Other Electrical Equipment industry, reporting net sales of ₹1,721 Cr and a net profit of ₹134 Cr for March 2025. The company has a market cap of ₹2,484 Cr and key metrics include a P/E ratio of 90.00 and a debt-to-equity ratio of 0.86.

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, underwent several name changes, and was last renamed Spectrum Electrical Industries Private Limited in June 2018. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,721 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 134 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 2,484 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 90.00<BR>- Industry P/E: 75<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.86<BR>- Return on Equity: 14.35%<BR>- Price to Book: 13.42<BR><BR>Contact Details:<BR>Address: Plot No. V -195, Midc Area, Ajanta Road, Jalgaon Maharashtra : 425003<BR>Tel: 02-57 2210 192<BR>Website: www.spectrum-india.com

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.

How big is Spectrum Electr.?

As of 24th July, Spectrum Electrical Industries Ltd has a market capitalization of 2,311.00 Cr and reported net sales of 368.28 Cr and net profit of 22.68 Cr over the latest three quarters.

As of 24th July, <BR><BR>Market Cap: Spectrum Electrical Industries Ltd has a market capitalization of 2,311.00 Cr, classified as Small Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest three quarters is 368.28 Cr, while the sum of Net Profit for the same period is 22.68 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 169.68 Cr and Total Assets valued at 317.25 Cr.

When is the next results date for Spectrum Electr.?

Spectrum Electr. will announce its results on 14 August 2025.

Spectrum Electr. will declare its results on 14 August 2025.

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.

Should I buy, sell or hold Spectrum Electr.?

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.

Which are the latest news on Spectrum Electr.?

Why is Spectrum Electr. falling/rising?

As of 18-Dec, Spectrum Electrical Industries Ltd's stock price is at 1,190.00, down 0.5%, and has significantly underperformed the Sensex with a one-month decline of -19.33%. The stock is trading below all key moving averages, indicating a bearish trend, and has seen a sharp drop in investor participation, contributing to its decline.

As of 18-Dec, Spectrum Electrical Industries Ltd's stock price is falling, currently at 1,190.00, reflecting a change of -6.0 (-0.5%). The stock has underperformed compared to the benchmark Sensex, with a one-week decline of -2.78% against the Sensex's -0.40%. Over the past month, the stock has dropped significantly by -19.33%, while the Sensex has only decreased by -0.23%. <BR><BR>Today's performance indicates that the stock has underperformed its sector by a staggering -98.9%. Additionally, the stock has shown erratic trading behavior, not trading on one day out of the last twenty. It is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend.<BR><BR>Investor participation has also declined, with delivery volume on December 17 falling by -59.16% compared to the 5-day average. This lack of investor interest may contribute to the stock's downward pressure. Furthermore, despite some positive financial indicators, such as a 34.79% annual growth in operating profit and a 112.75% increase in profit after tax over the last six months, the stock is viewed as having a very expensive valuation with a return on capital employed (ROCE) of 11.5 and a PEG ratio of 3. <BR><BR>The absence of domestic mutual fund investment, which holds 0% of the company, may also signal a lack of confidence in the stock's current price or business prospects. Collectively, these factors contribute to the stock's decline.