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Spectrum Electrical Industries Ltd (SPECTRUM)

₹1990.95%

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Overview
News
Financials
Technicals

Performance

  • Day's Low

    ₹1,887.3
    ₹1,990.9
  • 52 Week's Low

    52 Week's High

    ₹791.25
    ₹2,520
1 Month Return-14.7 %
3 Month Return+ 41.47 %
1 Year Return+ 119.97 %
Previous Close₹1,896.10
Open₹1,890.00
Volume5,125.00
Upper Circuit-
Lower Circuit-
Market Cap₹2,959.17Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,959.17 Cr
P/B Ratio5.67
EPS5.59

Company Information

Spectrum Electrical Industries Limited was originally incorporated as a private limited company in 2008 as Spectrum Polytech Private Limited. The name was changed to Spectrum Electrical Industries Private Limited in 2018, when the company was converted to a Public Limited Company. Mr. Deepak Chaudhari, the promoter of the company, started his entrepreneurial journey in 1995 with M/s. Spectrum Electroplaters in Jalgaon, Maharashtra. It undertook zinc nickel tin copper silver and gold electroplating. The business extended to Nashik in 2003 in the form of a partnership firm with Mr. Devendra Rane and Mr. Chandrakant Rane. The partnership firm added distribution box manufacturing activities for Anchor Electricals Pvt. Ltd. and ABB Limited in 2012. In 2004, M/s. Spectrum Fabricators India Pvt. Ltd. was incorporated by Mr. Deepak Chaudhari to expand fabrication capacity. In 2008, Mr. Deepak Chaudhari and his wife Mrs. Bharti Chaudhari established the partnership firm M/s. Spectrum Polytech for injection moulding. In 2017, all group entities and respective assets and liabilities were transferred to Spectrum Electrical Industries Limited with effect from April 1.

Share Price: ₹1990.90 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,959.17Cr as of today
Listing date: 01 Oct, 2018
OrganisationSpectrum Electrical Industries Ltd
HeadquartersPowai Mumbai
IndustryCapital Goods - Electrical Equipment
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Key events for Spectrum Electrical Industries Ltd

  • Spectrum Electrical Industries' Net Debt at Rs 422.6m - 10 Jun, 2024

    As of March 2024, Spectrum Electrical Industries had a net debt of Rs 422.6m with a solid balance sheet and low debt to EBITDA ratio. However, negative free cash flow conversion over the last three years makes the debt more risky.

  • Spectrum Electrical Industries' Accrual Ratio Indicates Cash Conversion is Less Than Ideal - 21 May, 2024

    Spectrum Electrical Industries had an accrual ratio of 0.21 for the year to March 2024, indicating that its free cash flow fell short of covering its statutory profit. Its negative free cash flow of ₹197m in contrast to a profit of ₹197.2m suggests that its true underlying earnings power may be less than its statutory profit. However, EPS growth over the last three years has been impressive.

Insights on Spectrum Electrical Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SPECTRUM has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, SPECTRUM stock has moved up by 3809.5%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SPECTRUM has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.41% to 2.51% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 72.55% to 72.53% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.74% to 24.64% in Mar 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹239.32Cr
↑10.98%
Total Liabilities
₹147.27Cr
↑11.35%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹8.25Cr
↓64.97%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.53%
-0.02
Foreign Institutions
2.51%
4.39
Mutual Funds
0%
0.00
Retail Investors
24.64%
-0.39
Others
0.31%
1.03

Key Indicators

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Spectrum Electrical Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Spectrum Electrical Industries Ltd (SPECTRUM) share price today is ₹1990.9

Spectrum Electrical Industries Ltd is listed on NSE

Spectrum Electrical Industries Ltd is not listed on BSE

  • Today’s highest price of Spectrum Electrical Industries Ltd is ₹1990.9.
  • Today’s lowest price of Spectrum Electrical Industries Ltd is ₹1887.3.

Today’s traded volume of Spectrum Electrical Industries Ltd(SPECTRUM) is 5,125.00.

Today’s market capitalisation of Spectrum Electrical Industries Ltd(SPECTRUM) is ₹2959.17Cr.

Spectrum Electrical Industries Ltd(SPECTRUMPrice
52 Week High
₹2520
52 Week Low
₹791.25

Spectrum Electrical Industries Ltd(SPECTRUM) share price is ₹1990.9. It is down -21.00% from its 52 Week High price of ₹2520

Spectrum Electrical Industries Ltd(SPECTRUM) share price is ₹1990.9. It is up 151.61% from its 52 Week Low price of ₹791.25

Spectrum Electrical Industries Ltd(SPECTRUMReturns
1 Day Returns
94.8%
1 Month Returns
-14.7%
3 Month Returns
41.47%
1 Year Returns
119.97%