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Spectrum Electrical Industries Ltd.

3,983.60−41.20 (−1.02%)

BSE · 30 Oct, 4:01 PM

: ₹6,823.88 Cr
: 118.78
: 172
: ₹4,044.90 - ₹3,865.00
: ₹4,053.00 - ₹957.95

Spectrum Electrical Industries Ltd. (SPECTRUM) share price closed at ₹3,983.60 on the BSE on Friday, October 30, 2026, down by 1.02% from its of ₹4,024.80. In that session SPECTRUM reached a of 4,044.90 and of 3,865.00. The for the session was 2,516.71. The stands at 3,162.63 and is at 1,959.37. Looking at , the stock ended the session moving sideways.

Stock Overview

₹4,044.90

₹4,024.80

₹2,516.71

₹3,162.63

Price 25.96% above

₹1,959.37

Price 103.31% above

Key Fundamentals

: 6,823.88 Cr₹6.82 Thousand Crore
: 33.62
: 118.78
: 12.82
: 311.61
: 111.29 Cr₹111.29 Crore
: 0.00 %
Sector
Industry: Electric Equipment
: 20.59
: 0.90

Industry Comparison

Ratio	Company	Sector
	118.78	36.01
	0.90	0.17
	12.82	3.95
	1.34	1.98
	0.00 %	0.19 %
Operating Margin	15.16 %	13.33 %

Sector figures are the median of 192 listed Capital Goods companies.

Peer Comparison

Name
ABB LTD. ABB	6,403.00	45.41	1,35,684.93	0.61	362.30	3.00%	3,558.87	21.03%	30.18
CGPOWER CGPOWER	803.95	92.09	1,26,660.23	0.16	409.09	43.82%	3,801.54	30.07%	27.94
SIEMENS LTD. SIEMENS	3,285.00	35.72	1,16,985.59	0.55	2,143.10	406.16%	4,713.70	14.75%	21.42
GVT&D GVT&D	4,021.50	551.40	1,02,969.11	0.25					20.90
WAAREEENER WAAREEENER	2,300.00	17.92	66,159.81	0.17	753.64	-14.18%	7,517.74	23.94%	37.93
APAR INDUS. APARINDS	15,725.00	47.74	65,848.53	0.38	447.32	77.72%	6,931.19	21.27%	31.84
HAVELLSINDIA HAVELLS	1,012.75	38.20	63,556.31	0.99	349.22	9.72%	6,431.99	34.58%	25.74
Spectrum Electrical Industries Ltd. SPECTRUM	3,983.60	118.78	6,823.88	0.00	13.05	131.89%	154.55	80.92%	17.83

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	124.08	75.41	87.17	71.11	168.55	85.43	117.68	125.31	282.95	154.55
Expenses	111.00	65.60	78.98	60.76	143.09	73.71	102.46	106.34	237.43	130.31
	13.08	9.81	8.20	10.36	25.46	11.72	15.22	18.97	45.52	24.24
	10.54%	13.01%	9.40%	14.56%	15.11%	13.71%	12.94%	15.14%	16.09%	15.69%
	3.05	0.37	3.58	0.11	0.53	2.11	2.16	1.20	1.99	1.98
Interest	4.63	3.30	2.10	3.89	3.80	4.60	2.62	4.83	7.39	5.22
	2.30	2.39	2.55	2.25	2.27	2.89	2.91	3.00	6.23	3.37
	9.21	4.49	7.13	4.33	19.92	6.34	11.85	12.35	33.90	17.63
	28.81%	53.90%	35.25%	38.43%	31.47%	11.26%	34.12%	17.32%	21.94%	25.99%
	6.56	2.16	4.74	2.71	13.58	5.69	7.75	10.12	26.55	13.03
	4.20	1.38	3.04	1.73	8.70	3.65	4.93	6.44	16.90	8.29

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	294.09	296.45	383.78	402.24	525.94
Less: Excise Duty	42.79	43.10	55.69
	251.30	253.35	328.09	402.24	525.94
EXPENDITURE :
Increase/Decrease in Stock	-0.46	-1.17	-2.89	-4.44	-21.42
Raw Material Consumed	177.72	175.67	232.85	281.38	377.63
Power & Fuel Cost	8.11	9.63	11.38	11.78	11.15
Employee Cost	13.23	14.77	16.19	19.11	24.76
Other Manufacturing Expenses	17.02	19.42	21.88	25.61	34.59
General and Administration Expenses	6.33	8.39	5.03	7.02	8.39
Selling and Distribution Expenses	3.72	2.81	2.83
Miscellaneous Expenses	0.61	0.63	0.58	7.95	11.13
	226.27	230.14	287.85	348.42	446.23
Operating Profit (Excl OI)	25.03	23.21	40.24	53.82	79.71
	1.24	4.94	6.80	4.60	5.38
	26.27	28.15	47.03	58.42	85.09
Interest	7.74	7.43	9.76	13.09	14.85
PBDT	18.53	20.72	37.27	45.33	70.23
	7.93	9.00	10.41	9.47	12.14
Profit Before Taxation & Exceptional Items	10.61	11.72	26.86	35.87	58.10
	10.61	11.72	26.86	35.87	58.10
Provision for Tax	2.95	3.27	7.44	10.44	13.62
	7.66	8.45	19.42	25.42	44.48
Extra items		0.00		0.00	0.00
Minority Interest				0.19	-0.06
Other Consolidated Items			0.06
Consolidated Net Profit	7.66	8.45	19.48	25.61	44.42
Adjustments to PAT			-0.00	-0.64
Profit Balance B/F	23.99	30.13	34.31	52.28	77.17
Appropriations	31.64	38.58	53.79	77.25	121.59
Equity Dividend %	10.00%		10.00%
	5.06	5.59	12.48	16.41	28.27
Adjusted EPS	5.06	5.59	12.48	16.41	28.27

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	15.12	15.12	15.61	15.61	15.71
Share Warrants & Outstandings			3.00	3.00
Total Reserves	68.27	76.96	146.56	171.96	228.69
Reserve excluding Revaluation Reserve	68.27	76.96	146.56	171.96	228.69
Revaluation reserve	0.00	0.00
	83.39	92.08	165.17	190.56	244.41
Minority Interest				0.20	0.48
Secured Loans	36.62	36.23	17.28	40.80	126.36
Unsecured Loans	0.31	1.71	0.07	26.19	0.24
Deferred Tax Assets / Liabilities	2.10	2.51	5.12	6.99	5.50
Other Long Term Liabilities	6.12	3.49	4.61	19.05	69.69
Long Term Provisions			0.21	1.67	1.83
Total Non-Current Liabilities	45.15	43.94	27.29	94.69	203.62
Trade Payables	38.27	49.25	37.90	40.65	90.23
Other Current Liabilities	15.27	17.10	23.28	3.45	28.55
Short Term Borrowings	30.90	47.12	58.86	110.77	78.58
Short Term Provisions	4.83	5.95	9.90	10.82	21.90
Total Current Liabilities	89.27	119.42	129.95	165.68	219.28
Total Liabilities	217.81	255.44	322.41	451.14	667.78
Gross Block	110.78	118.39	96.13	148.16	167.88
Less: Accumulated Depreciation	30.44	39.28	9.52	9.47	21.60
	80.35	79.11	86.61	138.69	146.28
	8.92	15.10	22.62	37.89	171.93
Non Current Investments		0.01	0.17	0.84	0.84
Long Term Investment	0.00	0.01	0.17	0.84	0.84
Long Term Loans & Advances	9.91	17.85	6.03	23.35	54.61
Other Non Current Assets	0.00	0.00	34.50	1.42
Total Non-Current Assets	99.18	112.07	149.92	202.20	373.66
Currents Investments	12.49	12.63
Inventories	65.67	69.74	64.54	76.40	153.09
Sundry Debtors	34.28	41.67	81.55	124.46	86.52
Cash and Bank	2.26	8.65	11.81	31.02	33.24
Other Current Assets	0.85	0.65	2.81	7.57	16.25
Short Term Loans and Advances	3.07	10.04	11.78	9.49	5.02
Total Current Assets	118.62	143.38	172.49	248.94	294.12
Net Current Assets (Including Current Investments)	29.36	23.95	42.55	83.26	74.84
Total Assets	217.81	255.44	322.41	451.14	667.78
			0.07	0.07
Total Debt	78.68	99.28	87.53	164.28	219.10
	55.15	60.90	103.91	120.18	155.54
Adjusted Book Value	55.15	60.90	103.91	120.18	155.54

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	10.61	11.72	26.86	35.87	58.10
Adjustment	14.19	11.21	9.90	19.37	24.57
Changes In working Capital	-0.76	-17.80	-24.98	-70.57	25.40
Cash Flow after changes in Working Capital	24.04	5.12	11.77	-15.33	108.07
Cash Flow from Operating Activities	21.09	1.85	4.17	-26.31	94.47
Cash Flow from Investing Activities	-22.78	-9.15	-37.82	-52.76	-136.16
Cash Flow from Financing Activitie	-4.56	13.69	36.81	71.77	47.70
Net Cash Inflow / Outflow	-6.24	6.39	3.16	-7.31	6.02
Opening Cash & Cash Equivalents	8.50	2.26	8.65	11.81	4.50
Closing Cash & Cash Equivalent	2.26	8.65	11.81	4.50	10.52

Ratios

Valuation

118.78

12.82

62.99

10.03

33.62

311.61

Profitability

20.59

17.83

7.95

15.16

8.46

Leverage & Liquidity

0.90

1.34

4.91

Returns

0.00

0.94

Shareholding Pattern

Numbers in percentages

Particulars	Mar '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	72.53	72.53	72.53	72.53	72.53	72.72	72.72	72.72	72.72	66.88
	2.82	3.02	3.30	4.01	4.45	4.67	5.00	5.28	4.00	11.49
	24.64	24.45	24.17	23.45	23.02	22.61	22.28	22.00	23.29	21.63
	27.47	27.47	27.47	27.47	27.47	27.28	27.28	27.28	27.28	33.12
No. of Shareholders	628	1,166	1,305	1,217	1,631	1,802	1,925	1,808	2,840	3,747

Mutual Funds Invested(8)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 8 active funds hold 5.42% in Spectrum Electrical Industries Ltd., contributing to ₹327 Cr of holdings

Fund				As of
HD HDFC Manufacturing Fund - Growth - Direct PlanEquity - Thematic Fund - Other	172.90	1.68	4,99,500	Sep '26
MO Motilal Oswal Focused Fund - Growth - Direct PlanEquity - Focused Fund	53.04	2.87	1,37,902	Sep '26
HD HDFC Value Fund - Growth - Direct PlanEquity - Value Fund	43.23	0.54	1,24,875	Sep '26
HD HDFC Innovation Fund - Growth - Direct PlanEquity - Thematic Fund - Other	43.23	1.37	1,24,875	Sep '26
MO Motilal Oswal Services Fund - Growth - Direct PlanService Industry	6.02	4.43	15,642	Sep '26
MO Motilal Oswal Special Opportunities Fund - Growth - Direct PlanEquity - Thematic Fund - Other	3.18	2.93	8,262	Sep '26
MO Motilal Oswal Infrastructure Fund - Growth - Direct PlanInfrastructure	2.93	1.93	7,624	Sep '26
MO Motilal Oswal Manufacturing Fund - Growth - Direct PlanEquity - Thematic Fund - Other	2.73	0.41	7,085	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-28	Board Meeting	Quarterly Results
2026-09-16	Board Meeting	Inter alia, to consider and approve other business matters
2026-09-08	AGM

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)
2026-09-17	DEEPAK SURESH CHAUDHARI	Preferential Offer	Buy	249,750

Sector Overview

Capital GoodsElectric Equipment

Spectrum Electrical Industries Ltd. operates in the Capital Goods sector under the Electric Equipment industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

9 members across the board and senior leadership

Rahul Lavane

Company Secretary & Compliance Officer

—

Deepak Chaudhari

Chairman & Managing Director

₹1.17 Cr

Mar '26

Bharti Deepak Chaudhari

Whole Time Director

₹57.83 L

Mar '26

Devendra Sudhakar Rane

Executive Director

₹41.59 L

Mar '26

Narendra Daulatrao Wagh