Spectrum Electrical Industries Limited
NSE: SPECTRUM · Industrial Products
Snapshot
Unlock Spectrum Electrical Industries Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Spectrum Electrical Industries Limited is an Indian manufacturer specialising in electrical, automobile, and irrigation components. The company provides a comprehensive range of products including distribution boards, EV chargers, and control panels, alongside value-added services like metallic stamping and plastics moulding.
Business Model
The company generates revenue through the design, manufacture, and sale of electrical and mechanical components, supported by specialised surface coating and tooling services. It operates as an end-to-end solutions provider for industrial and consumer electrical applications.
- Incorporation Year:2008
Growth Outlook
Growth is expected to be driven by the expansion of the company's EV charger portfolio and the increasing demand for electrical safety devices in the Indian market. The company continues to leverage its tooling and moulding capabilities to capture broader industrial demand.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of metals and plastics used in manufacturing can significantly impact profit margins.
- Competitive Intensity. The electrical components sector in India is highly fragmented, leading to intense price competition from both organised and unorganised players.
- Technological Obsolescence. Rapid advancements in electrical and EV charging technology require continuous capital investment to maintain market relevance.
- Cyclical Demand. The company's reliance on the automobile and irrigation sectors makes it susceptible to cyclical downturns in those specific industries.
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Key Metrics
P/E
105.3×
Q1 FY27 · consolidated
EV/EBITDA
47.6x
Q1 FY27 · consolidated
NET PROFIT MARGIN
8.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.9x
Q1 FY27 · consolidated
Peers · Industrial Products
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Spectrum Electrical Industries LimitedSPECTRUM | ₹5,094 Cr | 105.3× | 47.64 | — | 16.4% | 26.5% | 26.2% | +184.1% |
DEE Development Engineers LimitedDEEDEV | ₹5,351 Cr | 57.3× | 27.25 | 40.0% | 18.1% | 9.5% | 16.6% | +144.8% |
Shanthi Gears LimitedSHANTIGEAR | ₹5,125 Cr | 68.9× | 47.18 | -16.9% | 21.7% | 15.1% | 20.3% | +9.4% |
Texmaco Rail & Engineering LimitedTEXRAIL | ₹5,076 Cr | 23.8× | 13.82 | -14.3% | 10.0% | 8.3% | 12.2% | -9.3% |
Tempsens Instruments (India) LimitedTEMPSENS | ₹4,742 Cr | — | — | — | 23.0% | — | — | — |
Pitti Engineering LimitedPITTIENG | ₹4,395 Cr | 33.5× | 13.81 | 12.2% | 18.1% | 13.2% | 18.1% | +11.7% |
As of Q1 FY27
Financials
Spectrum Electrical Industries Limited
NSE: SPECTRUM · Industrial Products
Snapshot
Unlock Spectrum Electrical Industries Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Spectrum Electrical Industries Limited is an Indian manufacturer specialising in electrical, automobile, and irrigation components. The company provides a comprehensive range of products including distribution boards, EV chargers, and control panels, alongside value-added services like metallic stamping and plastics moulding.
Business Model
The company generates revenue through the design, manufacture, and sale of electrical and mechanical components, supported by specialised surface coating and tooling services. It operates as an end-to-end solutions provider for industrial and consumer electrical applications.
- Incorporation Year:2008
Growth Outlook
Growth is expected to be driven by the expansion of the company's EV charger portfolio and the increasing demand for electrical safety devices in the Indian market. The company continues to leverage its tooling and moulding capabilities to capture broader industrial demand.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of metals and plastics used in manufacturing can significantly impact profit margins.
- Competitive Intensity. The electrical components sector in India is highly fragmented, leading to intense price competition from both organised and unorganised players.
- Technological Obsolescence. Rapid advancements in electrical and EV charging technology require continuous capital investment to maintain market relevance.
- Cyclical Demand. The company's reliance on the automobile and irrigation sectors makes it susceptible to cyclical downturns in those specific industries.
Start your research today
Unlock AI insights, financials, peers and live data on Spectrum Electrical Industries Limited and 5,000+ companies — free.
Key Metrics
P/E
105.3x
Q1 FY27 · consolidated
EV/EBITDA
47.6x
Q1 FY27 · consolidated
NET PROFIT MARGIN
8.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.9x
Q1 FY27 · consolidated
Peers · Industrial Products
As of Q1 FY27