Spectrum Electrical Industries
- Market cap
- ₹ 5,673 Cr.
- P/E
- 127.7x
- P/B
- 23.67x
- 52-week range
- 1,050 – 3,988
- ROE
- 20%
- ROCE
- 18%
- Dividend yield
- 0%
- Debt / equity
- 1.02
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Spectrum Electrical Industries Limited is an India-based company, which is focused on providing one-stop-shop solutions mainly to manufacturers of electrical products and components. The Company is engaged in the business of designing and manufacturing a range of products under the electrical components domain having different applications and utilities, as contract manufacturer and as component supplier to business-to-business (B2B) customers. It offers integrated design and manufacturing solutions for local and international brands in the electrical products industry. Its products include mini miniature circuit breaker (MCB) base and cover, distribution board, modular electric board panels, lamp angle holders/electrical bulb holders, metal junction boxes, surface coating services, electrical power panels, electric vehicle (EV) chargers and tooling solutions. The Company's services include electroplating, injection molding, metal stamping and powder coating.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Spectrum Electrical Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)127.7 against a typical 29.9: pricier than most peers (1st = cheapest).170th of 184
- Sales growth+83.5% against a typical +20.3% from a year earlier.18th of 147
- Profit growth+116.7% against a typical +9.4% from a year earlier.28th of 121
- Share price, 3 months+59.2% against a typical −3.4%.9th of 164
- Size₹ 5,672.7 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).18th of 176
Latest announcements
Exchange filings and their impact on the company.
- 1.37m preferential shares at Rs 2,002 (~Rs 275 cr) listed for trading from Oct 7, sharply boosting net worth with ~8% dilution.
NSE and BSE approved listing and trading of 13,73,625 equity shares issued by Spectrum Electrical on a preferential basis to non-promoters at Rs 2,002 per share (Rs 10 face plus Rs 1,992 premium). The shares are admitted for trading from October 7, 2026. The issue raises about Rs 275 crore, which substantially strengthens the balance sheet against FY26 net worth of Rs 242 crore, with about 8-9% dilution to existing shareholders.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 23 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 23 Sep 2026 | ▲ Upgrade1 notch | — | — | CRISIL | ₹ 250 Cr. | |
| 13 Jan 2026 | ▲ Upgrade | Crisil BBB+ | — | CRISIL | ₹ 250 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 6 Oct 2026 | Preferential issue | Allotted | ₹ 275 Cr. | ₹ 2,002 | +94.44% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 20 Sep 2026 | Other business matters | To consider other business matters |
| 4 Sep 2026 | Other business matters | To consider other business matters |
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 24 Jul 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 26 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 4 Feb 2026 | Other business matters | To consider other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 126 | 73 | 82 | 70 | 172 | 85 | 116 | 120 | 184 | 156 |
| Expenses | 113 | 63 | 74 | 60 | 147 | 73 | 101 | 101 | 153 | 133 |
| Operating Profit | 13 | 10 | 8 | 10 | 25 | 12 | 15 | 18 | 32 | 23 |
| OPM % | 10% | 13% | 10% | 14% | 14% | 14% | 13% | 15% | 17% | 15% |
| Other Income | 2 | 0 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | 3 |
| Interest | 5 | 3 | 2 | 4 | 4 | 5 | 3 | 5 | 4 | 5 |
| Depreciation | 2 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 8 | 4 | 5 | 5 | 19 | 7 | 11 | 12 | 26 | 18 |
| Tax % | 29% | 49% | 14% | 37% | 31% | 10% | 29% | 23% | 24% | 25% |
| Net Profit | 6 | 2 | 4 | 3 | 13 | 6 | 8 | 9 | 20 | 13 |
| EPS in Rs | 3.8 | 1.43 | 2.79 | 2.14 | 8.59 | 3.9 | 5.05 | 5.85 | 12.46 | 8.46 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 73%
- 5 Years
- 27%
- 3 Years
- 26%
- TTM
- 41%
- 10 Years
- 64%
- 5 Years
- 49%
- 3 Years
- 72%
- TTM
- 84%
- 10 Years
- —
- 5 Years
- 108%
- 3 Years
- 29%
- TTM
- —
- 10 Years
- 14%
- 5 Years
- 15%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Spectrum Electrical Industries | ₹ 3,892.60 | ₹ 5,673 Cr. | 127.7x | 23.7x | 20% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Deepak Suresh Chaudhari
- Chairman of the Board, Managing Director, Promoter
- Pankaj Ravindra Rote
- Chief Financial Officer
- Saumya Chakraborty
- Chief People Officer
- Rahul Vasant Lavane
- Compliance Officer, Company Secretary
- Bharti Deepak Chaudhari
- Whole-Time Director
- Chandrakant Bhaskar Rane
- Executive Director
- Devendra Sudhakar Rane
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.