SPECTRUM ELECTRIC IND LTD Stock Price Today (NSE: SPECTRUM)

SPECTRUM ELECTRIC IND LTD

1473.70+23.50 (+1.62%)
Market Open

Fundamental Score

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SPECTRUM ELECTRIC IND LTD Share Price — Live NSE/BSE Price, Fundamentals & Analysis

SPECTRUM ELECTRIC IND LTD share price today is 1473.70, up +1.62% on NSE/BSE as of 19 June 2026. SPECTRUM ELECTRIC IND LTD (SPECTRUM) is a Small-cap company in the Industrial Products sector with a market capitalisation of 2.07K (Cr). The 52-week high for SPECTRUM share price is 1672.70 and the 52-week low is 1050.00. At a P/E ratio of 67.27x, SPECTRUM is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 13.70% and a debt-to-equity ratio of 0.76.

SPECTRUM ELECTRIC IND LTD Share Price Chart — NSE/BSE Historical Performance

No data
High
1544.80
Low
1134.50
Volume
18.9K
Change
+25.75%

SPECTRUM ELECTRIC IND LTD share price chart: 25.75% return over the past month. 52-week high ₹1672.70, 52-week low ₹1050.00.

SPECTRUM ELECTRIC IND LTD — Last 10 Trading Days

DateOpenHighLowCloseVolume
1428.401489.001424.101473.7012.99K (Cr)
1443.401490.001406.201450.2043.21K (Cr)
1472.801485.001437.001443.409.49K (Cr)
1500.001544.801415.901451.0064.94K (Cr)
1429.901429.901375.101383.303.46K (Cr)
1444.101444.101376.401394.1012.54K (Cr)
1411.001474.001411.001418.9010.35K (Cr)
1453.901453.901405.101413.204.50K (Cr)
1438.701449.901376.001428.507.21K (Cr)
1405.101461.701405.101438.304.52K (Cr)

SPECTRUM ELECTRIC IND LTD — Last 12 Months Price History

MonthOpenHighLowCloseChange
1443.401490.001406.201473.70+2.10%
1227.901544.801139.001443.40+17.55%
1555.001555.001120.601206.20-22.43%
1431.201655.001258.001552.80+8.50%
1478.001478.001200.001449.50-1.93%
1232.001354.001050.001334.30+8.30%
1378.901378.901061.701243.90-9.79%
1536.901600.001096.001339.70-12.83%
1369.101560.001256.201527.60+11.58%
1518.101518.101274.101379.00-9.16%
1610.101631.801397.301518.10-5.71%
1668.401668.401460.201637.40-1.86%

AI Research Briefing

Powered by Gemini · 2026-04-13

Overvalued micro-cap dependent on continued high growth from a recent acquisition; liquidity a major concern.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown (1M: -14.89%, 3M: -10.87%, 6M: -21.25%)Expensive (P/E 67.27x vs industry P/E 33.94x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

Spectrum Electrical Industries informed the exchange about compliance with SEBI regulations. Trading window was closed on March 25, 2026. Spectrum completed the acquisition of Alric Electric Private Limited for million on March 6, 2026.

CORE STORY (THE REAL GAME)

Spectrum is attempting to transform from a component supplier to a provider of integrated solutions in the electrical industry, with a focus on forward integration and high-growth segments like EV chargers. The Alric acquisition is key to this strategy.

Why Now
  • Acquisition of Alric Electric completed
  • Strong Q3 FY26 results
  • Government focus on green manufacturing
Potential Catalysts
  • Significant order wins in EV charging segment
  • Further acquisitions to expand product portfolio
  • Faster than expected margin expansion
Key Risks
  • Expensive valuation (P/E 67.27x)
  • Negative free cash flow (-₹91.23 Cr)
  • High debt/equity (0.76)
  • Micro-cap liquidity risk
Institutional Activity

Promoter holding high at 72.72% (Δ 0.19%), FII holding at 4.33% (Δ 0.22%), DII holding at 0.34% (Δ 0.0%)

Macro Context

Government's PLI scheme and focus on green manufacturing are tailwinds.

Cash Flow Quality

No (Free Cash Flow 5Y: ₹-91.23 Cr)

3–6 Month Outlook

3-6 month thesis hinges on successful integration of Alric and continued high growth in EV charging segment. Key risk is valuation compression if growth slows.

Primary Thesis Risk

Valuation unsustainable if growth falters.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

13.70%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

15.66%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

11.57%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

SPECTRUM ELECTRIC IND LTD Valuation Check

Poor

Price to Earnings (P/E)

67.27x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

72.72%

% shares held by company founders/management

Poor

FII Holding

4.33%

% shares held by foreign institutional investors

Poor

DII Holding

0.34%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

81.88%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

41.38%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

22.97%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

38.12%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

39.00%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.76x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.87x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-91.23 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

SPECTRUM ELECTRIC IND LTD Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SPECTRUM across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Excellent ROCE Performance (15.66%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Robust Profit Growth (81.88%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (41.38%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (22.97% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (38.12% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (39.00% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (72.72%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Premium Valuation Risk (P/E: 67.27x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Negative Free Cash Flow (₹-91.23 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 4.67%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

SPECTRUM ELECTRIC IND LTD vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare SPECTRUM ELECTRIC IND LTD with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
62.8/100
1474
₹2069.76
67.3
Average
13.70%
Average
15.66%
Good
0.8
Good
39.00%
Excellent
22.97%
Excellent
0.00%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

SPECTRUM ELECTRIC IND LTD PE Ratio History

Historical price-to-earnings ratio for SPECTRUM — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202516.30₹1243.9076.3x
FY 202412.44₹2290.10184.1x
FY 20235.59₹1341.35240x
FY 20225.06₹83.9016.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

SPECTRUM ELECTRIC IND LTD Dividend History

Annual cash dividends paid by SPECTRUM — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20241.51 Cr
FY 20221.51 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

SPECTRUM ELECTRIC IND LTD Quarterly Performance

Latest quarterly metrics for SPECTRUM — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

41.38%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

81.88%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

22.97%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

39.00%

Compounded annual net profit growth over 5 years

SPECTRUM ELECTRIC IND LTD Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SPECTRUM — calculated from daily price history

71RSI 14
Overbought — RSI 71

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
1326
▲ Price above SMA 50 — Short-term bullish
SMA 200
1330
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
17K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

SPECTRUM ELECTRIC IND LTD Financial Statements

Annual income statement, balance sheet and cash flow for SPECTRUM ELECTRIC IND LTD (SPECTRUM) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for SPECTRUM ELECTRIC IND LTD

About SPECTRUM (SPECTRUM ELECTRIC IND LTD)

SPECTRUM ELECTRIC IND LTD is a pioneering force in the industrial products sector, crafting a diverse range of precision-engineered components that power progress across multiple i...ndustries. With a steadfast commitment to innovation and quality, SPECTRUM designs and manufactures essential electrical solutions, including advanced distribution systems, robust control panels, and cutting-edge EV charging infrastructure. Beyond traditional electrical components, the company's expertise extends to specialized offerings such as durable metal junction boxes and critical electrical safety devices, ensuring reliability and protection in demanding industrial environments. SPECTRUM ELECTRIC strives to support the manufacturing of electrical components, from MCB bases to bulb holders. The company's integrated manufacturing approach enables SPECTRUM to deliver customized solutions tailored to meet the unique challenges of the automotive and irrigation sectors. SPECTRUM produces high-performance components designed to withstand the rigors of daily use and harsh environmental conditions. Furthermore, SPECTRUM enhances its capabilities by providing specialized surface coating services and precision metallic stamping, delivering added value and durability to its products. The meticulous attention to detail and adherence to stringent quality standards make SPECTRUM products sought after by manufacturers looking for components that meet production demands. Driven by a vision to be a leader in the industrial products industry, SPECTRUM ELECTRIC consistently invests in research and development to stay ahead of evolving market demands. By combining technical expertise with a customer-centric approach, SPECTRUM builds lasting partnerships and delivers solutions that empower its clients to achieve their goals. With a proven track record of excellence and a commitment to continuous improvement, SPECTRUM ELECTRIC IND LTD is poised to shape the future of industrial products and drive success for its customers.

Company Details

Symbol:SPECTRUM
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Deepak Suresh Chaudhari
Chairman & MD
Mr. Pankaj Ravindra Rote
Chief Financial Officer
Mr. Nitin Mukund Aptikar
Chief Operating Officer

SPECTRUM Share Price: Frequently Asked Questions

What is the current share price of SPECTRUM ELECTRIC IND LTD?

SPECTRUM ELECTRIC IND LTD (SPECTRUM) trades at ₹1473.70 on NSE and BSE. Market cap ₹2.07K (Cr). Educational data only.

What is the P/E ratio of SPECTRUM ELECTRIC IND LTD?

SPECTRUM ELECTRIC IND LTD has a P/E of 67.27x vs industry average 33.94x.

What is the Bull Run score for SPECTRUM ELECTRIC IND LTD?

SPECTRUM ELECTRIC IND LTD has a Bull Run score of 62.8/100 based on 25+ financial parameters.

Does SPECTRUM ELECTRIC IND LTD pay dividends?

SPECTRUM ELECTRIC IND LTD has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of SPECTRUM ELECTRIC IND LTD?

SPECTRUM ELECTRIC IND LTD has ROE of 13.70%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of SPECTRUM ELECTRIC IND LTD?

SPECTRUM ELECTRIC IND LTD has debt-to-equity of 0.76.

Is SPECTRUM ELECTRIC IND LTD a good investment?

Bull Run gives SPECTRUM ELECTRIC IND LTD a score of 62.8/100. This is not investment advice — consult a SEBI-registered advisor.