Manufactures electrical press components, injection moulded plastic components, and provides electroplating services for industrial customers, with operations based in Jalgaon, Maharashtra. Group revenue for FY26 stood at Rs 525.94 crore on a consolidated basis with net profit of Rs 44.48 crore, and raw materials are the dominant cost at 71.8% of revenue. The wholly owned subsidiary Spectrum Electrical Technologies Private Limited handles the manufacturing of electrical press components, injection moulding plastic components, and electroplating, with FY25-26 turnover of Rs 23.12 crore. Capital expenditure ran at 27.1% of revenue in FY26, and capital work-in-progress surged from Rs 188 lakh to Rs 1,168 lakh, pointing to an active expansion phase. The company acquired Alric Electric Private Limited as a wholly owned subsidiary for Rs 111 lakh in March 2026 and has signed a non-binding MOU with the Government of Maharashtra for a planned Rs 110 crore investment at Talegaon Akrale Industrial Area, expected to generate 525 jobs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Electrical press components, Injection moulded plastic components, Electroplating services. Capital goods and industrial products manufacturer, materials-intensive, in an active capacity expansion phase
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 402 | 526 |
| EBITDA (ex other income) | 54 | 80 |
| margin % | 13.4 | 15.2 |
| Owners' profit | 26 | 44 |
| EPS, as reported (₹) | 16.41 | 28.33 |
| ROE % · ROCE % | 13.3 · 17.3 | 18.2 · 16.3 |
| Debt / equity (x) | 0.88 | 0.89 |
| Cash from operations | (26) | 94 |
| Capex | (61) | (143) |
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Revenue | 169 | 85 | 118 | 125 | 283 | 155 |
| Profit before tax | 20 | 6 | 12 | 12 | 34 | 18 |
| Net profit | 14 | 6 | 8 | 10 | 26 | 13 |
| EPS (₹) | 8.70 | 3.65 | 4.93 | 6.44 | 16.93 | 8.31 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Spectrum Electrical allots shares worth Rs 275 cr to HDFC MF and others on pref basis | fund raising | high | — | — |
| 9 Sept 2026 · Spectrum Electrical Industries shares 18th AGM notice and e-voting details | compliance | minimal | — | — |
| 8 Sept 2026 · Notice of 18th AGM on September 30, 2026 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board approves Directors Report and fixes 18th AGM on September 30, 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · In-Principle Approval for Preferential Issue of Shares and Warrants | fund raising | high | — | — |
| 21 Aug 2026 · Shareholders approve preferential equity shares and convertible warrants | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Spectrum Electrical EGM approves preferential share and warrants issue of Rs 325 crore | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Reappointment of Internal Auditor and Cost Auditor for FY 2026-27 | management changes | medium | — | — |
| 13 Aug 2026 · Q1 FY27: Revenue up 84% YoY, PAT more than doubles | results | high | — | — |
| 13 Aug 2026 · Corrigendum to EGM notice for preferential issue of shares and warrants | fund raising | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| LMW LIMITED |
| 19,058 |
| 109.1 |
| 6.65 |
| 61.8 |
| 4.6 |
| 5.9 |
| 13.2 |
| 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 82.6 | 26.9 | 116 of 138 | 16% |
| P/B | 19.4 | 3.5 | 105 of 111 | 6% |
| ROCE | 12.9 | 11.3 | 63 of 144 | 57% |
| ROE | 18.2 | 9.5 | 17 of 117 | 86% |
| Debt / Equity | 0.9 | 0.2 | 103 of 117 | 12% |
| EBITDA margin | 17.0 | 12.4 | 36 of 110 | 68% |
| Revenue growth | 80.9 | 20.6 | 16 of 114 | 87% |
| Profit growth | 131.9 | 17.1 | 18 of 109 | 84% |
| Market cap | 4750 | 356 | 18 of 140 | 88% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
