Spectrum Electrical Industries Limited has informed the exchange regarding - Outcome of Board Meeting Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) ....
SPECTRUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Spectrum Electrical Industries reported strong FY26 results with standalone revenue of Rs 5,046 crore (up 27% YoY) and PAT of Rs 428 crore (up 76% YoY). Consolidated revenue was Rs 5,259 crore with PAT of Rs 445 crore. EPS stood at Rs 27.79 on standalone basis. The QIP funds raised in Feb 2024 (Rs 3,654.59 lakh) were fully utilized for Capex (Rs 1,375 lakh), working capital (Rs 2,214 lakh), and other purposes. The board also approved converting part of the unsecured loan to Spectrum Electrical Technologies Private Limited (WOS) into equity. During the year, the company acquired Alric Electric Private Limited as a 100% WOS for Rs 111 lakh on March 6, 2026. Capital work-in-progress surged to Rs 1,168 lakh from Rs 188 lakh, indicating major expansion underway. Auditors gave unmodified opinions on both standalone and consolidated results.
The company delivered robust double-digit revenue growth and exceptional PAT growth of over 75%, signaling strong operational performance. The fully deployed QIP funds and new acquisition demonstrate successful capital allocation. Shareholders can expect positive sentiment given the earnings trajectory, though increased borrowings for expansion warrant monitoring.