SPECTRUM share price, P/E, ROE & financials

On 6 Nov 2026, Spectrum Electrical Industries was priced at ₹4,413.80, or 120.6× trailing earnings, against an industry P/E of 30.0×, and the shares are close to their 52-week high. Sales and net profit grew 26% and 74% a year over 3 years; its ROCE of 16% is the second-lowest among the 7 largest Electrical Equipment & Parts peers. Debt is 1.02× equity. It is a small-cap company with a market cap of ₹7,542 Cr, ranked 22nd of 97 Electrical Equipment & Parts companies by market cap; the shares rose 193% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹4,346.00
Day high: ₹4,458.00
Day low: ₹4,150.10
Prev. close: ₹4,246.70
Volume: 40.9K

Health check

2 good · 2 fair · 2 to check

ReturnsAhead
+193.1% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 120.6 vs industry 30.0.
GrowthStrong
Sales +25.5%, profit +73.8% a year over 3 years.
ProfitabilityAverage
ROCE 16.3% vs peer median 22.1%.
Balance sheetFair
Debt 1.02× equity, interest covered 4.9×, Piotroski 5 of 9.
Red flags2 to check
P/E of 120.6 against an industry P/E of 30.0.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹7,542 Cr, #22 of 97 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹595 Cr · profit ₹52 Cr

Market cap: ₹7,542 Cr; Small cap
P/E: 120.6; Industry 30.0
Price to book: 28.32; Peers 7.24
Dividend yield: 0.00%
ROE: 20.4%; Peers 18.0%
ROCE: 16.3%; Peers 22.1%
Debt to equity: 1.02; Debt ₹249 Cr
EPS (TTM): ₹36.61; Face value ₹10
OPM (TTM): 15.3%; Net margin 8.7%
Sales growth: +80.9%; Latest quarter vs a year ago
Profit growth: +129.1%; Latest quarter vs a year ago
Price to sales: 12.67; EV/EBITDA 77.2

Strengths

Return on equity of 20.4%.
Quarterly profit up 129.1% on a year ago.
Quarterly sales up 80.9% on a year ago.

Risks to check

P/E of 120.6 against an industry P/E of 30.0.
Promoter stake down from 72.7% to 66.9%.

Derived automatically from reported figures. Not a recommendation.

About Spectrum Electrical Industries

Spectrum Electrical Industries Limited designs, manufactures, and sells electrical, automobile, and irrigation components in India. The company provides distribution boards, AC boxes, modular electric board panels, mini MCB bases and covers, tools, moulds, electric bulb holders, auto and irrigation equipment, lamp angle holders, EV chargers, control panel, metal junction boxes, electrical safety devices, and other electrical components. It also offers…

Headquarters: Mumbai
Employees: 1,949
Sector: Industrials
ISIN: INE01EO01010
Website: spectrum-india.com

Price range

52 weeks

₹1,050.00₹4,458.00

Today

₹4,150.10₹4,458.00

Avg volume (3M): 13.4K
1-year return: plus 193.1%
From 52-week high: minus 1.0%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
SPECTRUMSpectrum Electrical Industries	4,413.80	plus 3.93%	7,542	120.6	92.7	16.3%	15.3%	1.02	25.5%	plus 193.1%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
85.4	118	125	283	155
73.7	102	106	237	130
11.7	15.2	19	45.5	24.2
13.7%	12.9%	15.1%	16.1%	15.7%
2.1	2.2	1.2	2	2
4.6	2.6	4.8	7.4	5.2
2.9	2.9	3	6.2	3.4
6.3	11.9	12.3	33.9	17.6
11.3%	34.1%	17.3%	21.9%	26.0%
5.7	7.7	10.1	26.6	13
3.62	4.93	6.44	16.93	8.31

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +25.5%
Profit CAGR 3Y: +73.8%
EPS CAGR 3Y: +71.7%
ROE: 20.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
253	314	386	501
–	+24.0%	+22.7%	+29.9%
227	269	330	417
26.8	45	55.3	83.7
10.6%	14.3%	14.3%	16.7%
1	1.6	3	1.4
7.1	9.3	13	14.9
9	10.4	9.5	12.1
−0	–	–	–
11.7	26.9	35.9	58.1
27.9%	27.7%	29.1%	23.4%
8.5	19.4	25.6	44.4
–	+129.8%	+31.9%	+73.4%
5.59	12.44	16.30	28.33

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
15.1	15.6	15.6	15.7
72.7	150	175	229
103	94.4	185	249
62.5	58.6	69.4	174
253	318	445	668
102	116	193	365
25.7	26	56.3	221
12.8	34.7	2.3	0.6
8.7	11.8	31	34.8
105	129	162	46.3
253	318	445	668

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.9	4.2	−26.3	94.5
−9.2	−37.8	−52.8	−136
13.7	36.8	71.8	47.7
6.4	3.2	−7.3	6
−13.9	−18.8	−61.2	−143
−12.1	−14.7	−87.5	−48.2
–	−1.5	–	–

Shareholding pattern

Source: NSE filings

66.9%

promoters

Promoters66.88%
Public33.12%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	66.88%	33.12%	0.00
11 Sep 2026	66.88%	33.12%	minus 5.84
30 Jun 2026	72.72%	27.28%	0.00
31 Mar 2026	72.72%	27.28%	0.00
31 Dec 2025	72.72%	27.28%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you