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.

Why is Spectrum Electr. falling/rising?

As of 21-Dec, Spectrum Electrical Industries Ltd's stock price is rising to 1,204.00, driven by positive market sentiment and increased investor participation. Despite a recent decline over the past month and concerns about valuation, the stock's strong long-term growth indicators suggest a rising trend.

As of 21-Dec, Spectrum Electrical Industries Ltd's stock price is rising, currently at 1,204.00, reflecting an increase of 18.7 (1.58%). This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 0.57% today, indicating positive market sentiment. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 89.49% against the 5-day average, suggesting growing interest among investors.<BR><BR>Moreover, the stock reached an intraday high of Rs 1227.65, which is a 3.57% increase, further demonstrating its upward momentum. Despite trading lower than its moving averages over various periods, the healthy long-term growth indicators, such as a 34.79% annual growth rate in operating profit and a 112.75% increase in profit after tax over the last six months, contribute positively to investor confidence.<BR><BR>However, it is important to note that the stock has seen a decline of 13.73% over the past month, and its valuation is considered expensive with a high PEG ratio of 3. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may indicate some caution in the market regarding the stock's price. Overall, while there are mixed signals, the recent performance and increased trading activity suggest a rising trend for Spectrum Electrical Industries Ltd.

Why is Spectrum Electr. falling/rising?

As of 22-Dec, Spectrum Electrical Industries Ltd's stock price is rising to 1,238.40, up 2.74%. This increase is driven by strong recent performance and healthy long-term growth indicators, despite signs of high volatility and declining investor participation.

As of 22-Dec, Spectrum Electrical Industries Ltd's stock price is rising, currently at 1,238.40, reflecting a change of 33.05 (2.74%) upward. This increase can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 3.60% compared to the Sensex's 0.42%. Additionally, in the last month, the stock has risen by 8.26%, while the Sensex has only increased by 0.39%. <BR><BR>Today's performance has also been notable, with the stock opening with a significant gain of 11.83% and reaching an intraday high of Rs 1,347.95. The stock has been on a consecutive gain streak for the last two days, accumulating a total return of 4.48% during this period. Furthermore, the company's healthy long-term growth indicators, such as a 34.79% annual growth rate in operating profit and a 112.75% increase in profit after tax over the last six months, contribute positively to investor sentiment.<BR><BR>However, it is important to note that despite these positive movements, there are signs of high volatility and falling investor participation, as evidenced by a 20.06% decrease in delivery volume compared to the five-day average. This volatility, combined with the stock's relatively expensive valuation metrics, such as a PEG ratio of 3.1, may raise concerns among some investors. Nonetheless, the current upward trend in stock price is primarily driven by recent performance and strong financial growth indicators.

Why is Spectrum Electrical Industries Ltd falling/rising?

As of 23-Dec, Spectrum Electrical Industries Ltd's stock price is falling due to poor performance, high valuation concerns, and low institutional interest, with a significant decline of 43.27% over the past year compared to the market. Additionally, erratic trading patterns and decreased investor participation further contribute to the stock's weakness.

As of 23-Dec, Spectrum Electrical Industries Ltd's stock price is falling, currently at 1,212.80, reflecting a decrease of 20.4 points or 1.65%. This decline can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has significantly underperformed the market over the past year, with a return of -43.27% compared to the Sensex's gain of 10.20%. This stark contrast indicates a lack of investor confidence, which is further supported by the fact that domestic mutual funds hold 0% of the company, suggesting they may not be comfortable with the current valuation.<BR><BR>Moreover, while the company has shown healthy long-term growth in operating profit, net sales, and profit after tax, its valuation appears very expensive with a return on capital employed (ROCE) of 11.5 and a PEG ratio of 3.1. This indicates that despite rising profits, the stock price may not be justified, leading to selling pressure.<BR><BR>Additionally, the stock has been experiencing erratic trading patterns, having not traded on one day out of the last 20 days, which may contribute to decreased investor participation, as evidenced by a 0.63% drop in delivery volume against the 5-day average. The stock's performance today also underperformed its sector by 1.93%, further indicating weakness in its market position.<BR><BR>In summary, the combination of poor recent performance, high valuation concerns, low institutional interest, and declining trading activity are key factors contributing to the falling stock price of Spectrum Electrical Industries Ltd.

Why is Spectrum Electrical Industries Ltd falling/rising?

As of 24-Dec, Spectrum Electrical Industries Ltd's stock price is declining, currently at 1,212.50, down 2.09%. This drop is due to underperformance compared to its sector, trading below moving averages, decreased investor participation, and a lack of domestic mutual fund investment, despite some positive financial indicators.

As of 24-Dec, Spectrum Electrical Industries Ltd's stock price is falling, currently at 1,212.50, reflecting a decrease of 25.9 points or 2.09%. This decline can be attributed to several factors. Firstly, the stock has underperformed its sector significantly, with a performance today that is 99.3% lower than the sector average. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, as evidenced by a delivery volume of only 600 shares on December 23, which is a staggering 59.54% lower than the 5-day average delivery volume. This lack of trading activity suggests a waning interest among investors. 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's valuation appears expensive with a return on capital employed (ROCE) of 11.5 and a PEG ratio of 3.1. <BR><BR>Moreover, the absence of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's current price or business prospects. Collectively, these factors contribute to the stock's downward movement.

Why is Spectrum Electrical Industries Ltd falling/rising?

As of 25-Dec, the stock price of Spectrum Electrical Industries Ltd is declining, currently at 1,212.50, reflecting a significant underperformance compared to its sector and erratic trading patterns. Factors such as low investor participation, high valuation concerns, and lack of mutual fund investment contribute to the bearish trend.

As of 25-Dec, the stock price of Spectrum Electrical Industries Ltd is falling, currently at 1,212.50, which reflects a decrease of 25.9 points or 2.09%. This decline is attributed to several factors outlined in the provided data. <BR><BR>Firstly, the stock has underperformed its sector significantly, with a performance today that is 99.3% lower than the sector average. Additionally, the stock has not traded on two days out of the last twenty, indicating erratic trading patterns that may deter investors. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend.<BR><BR>Moreover, there has been a notable decline in investor participation, with the delivery volume on December 23 dropping by 59.54% compared to the 5-day average. This suggests a lack of interest from investors, which can further contribute to falling prices.<BR><BR>While there are positive indicators such as healthy long-term growth in operating profit and net sales, the stock's valuation appears to be a concern. The return on capital employed (ROCE) is at 11.5, and the enterprise value to capital employed ratio is 5.5, indicating that the stock may be considered expensive. Additionally, despite the company's profits rising by 27% over the past year, the stock has generated a return of 0.00%, and the price-to-earnings growth (PEG) ratio stands at 3.1, which is relatively high.<BR><BR>Lastly, the absence of domestic mutual fund investment, with a reported 0% stake, may signal a lack of confidence in the stock's current price or business prospects. Overall, these factors contribute to the downward pressure on Spectrum Electrical Industries Ltd's stock price.

Which are the latest news on Spectrum Electr.?

Which are the latest news on Spectrum Electr.?