
About Spectrum Electrical Industries Limited
Data last updated:
Spectrum Electrical Industries Limited is a public limited company based in Jalgaon, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L28100MH2008PLC185764. Its GSTIN is 27AAUCS2152E1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active. Its shares are listed on NSE: SPECTRUM.
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹15.71 Cr. It was formerly known as Spectrum Electrical Industries Private Limited and Spectrum Electricals Private Limited. It is led by directors including Deepak Suresh Chaudhari (Managing Director) and Bharti Deepak Chaudhari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jalgaon, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹525.94 Cr, a growth of 30.8% compared to the previous year. For the same year it recorded a net profit of ₹44.42 Cr (net margin 8.4%) and EBITDA of ₹79.71 Cr (EBITDA margin 15.2%). The net worth stands at ₹244.4 Cr (up 28.2% YoY). Total assets are valued at ₹540.39 Cr (up 42.8% YoY).
The company has about 1,111 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹492.71 Cr and satisfied charges of ₹103.62 Cr on record. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending. The company has 23 deals on record (8 market trades, 8 secondary share transfers, 2 rights issues), with disclosed funding of ₹51.86 Cr; the latest was in September 2026. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Hammond Power Solutions Private Limited with revenue of ₹416.1 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 3,853 overdue payments to 211 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrum-india.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No. 139/1 And 139/2, Umala, Jalgaon, Maharashtra, India – 425003
- IndustryEnergy and Power, Power Equipment Manufacturers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Spectrum Electrical Industries Limited
The main business activity of Spectrum Electrical Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spectrum Electrical Industries Limited FY 2025-26 filings available
Spectrum Electrical Industries Limited reported revenue of ₹525.94 Cr (up 30.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 526 | 402 | 328 | 253 | 251 | 151 | 141 |
| Revenue growth | +30.8% | +22.6% | +29.5% | +0.8% | +66.1% | +7.2% | - |
| EBITDA | 79.71 | 53.83 | 40.81 | 23.21 | 25.03 | 18.64 | 14.72 |
| EBITDA margin | +15.2% | +13.4% | +12.4% | +9.2% | +10.0% | +12.3% | +10.4% |
| Profit before tax | 58.10 | 35.87 | 26.86 | 11.72 | 10.60 | 8.18 | 6.49 |
| Net profit | 44.42 | 25.62 | 19.42 | 8.45 | 7.65 | 5.91 | 4.69 |
| Net profit margin | +8.5% | +6.4% | +5.9% | +3.3% | +3.0% | +3.9% | +3.3% |
| EPS (₹) | 28.33 | 16.41 | 12.44 | 5.59 | 5.06 | 3.91 | 3.10 |
| Balance sheet | |||||||
| Total assets | 540 | 379 | 261 | 195 | 168 | 155 | 138 |
| Net worth | 244 | 191 | 165 | 92.08 | 83.39 | 77.00 | 70.85 |
| Total debt | 249 | 185 | 94.36 | 99.28 | 78.68 | 77.60 | 66.72 |
| Cash & bank | 33.24 | 31.02 | 11.81 | 8.65 | 2.26 | 8.50 | 2.85 |
| Net working capital | 172 | 183 | 116 | 72.67 | 58.61 | 60.76 | 48.56 |
| Cash flow | |||||||
| Cash from operations | 94.47 | (26.31) | 4.17 | 1.85 | 21.09 | 14.96 | 3.49 |
| Cash from investing | (136) | (52.76) | (37.82) | (9.15) | (22.78) | (14.63) | (20.00) |
| Cash from financing | 47.70 | 71.77 | 36.81 | 13.69 | (4.56) | 5.32 | 17.66 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 155 | 198 | 125 | 118 | 85.43 | 169 | 71.11 | 87.17 |
| Revenue growth (YoY) | +80.9% | +17.2% | +76.2% | +35.0% | +13.3% | - | - | - |
| Other income | 1.98 | (0.12) | 1.20 | 2.16 | 2.11 | 0.53 | 0.11 | 6.00 |
| EBITDA | 24.24 | 33.80 | 18.97 | 15.22 | 11.72 | 25.45 | 10.35 | 8.19 |
| EBITDA margin | +15.7% | +17.1% | +15.1% | +12.9% | +13.7% | +15.1% | +14.6% | +9.4% |
| Depreciation | 3.37 | 3.33 | 3.00 | 2.91 | 2.89 | 2.27 | 2.25 | 2.55 |
| Interest | 5.22 | 2.79 | 4.82 | 2.62 | 4.60 | 3.80 | 3.89 | 2.10 |
| Profit before tax | 17.63 | 27.56 | 12.35 | 11.85 | 6.34 | 19.91 | 4.32 | 9.54 |
| Tax | 4.59 | 6.72 | 2.14 | 4.04 | 0.72 | 6.27 | 1.66 | 2.51 |
| Net profit | 13.04 | 20.84 | 10.21 | 7.81 | 5.62 | 13.64 | 2.66 | 7.03 |
| EPS (₹) | 8.31 | 13.26 | 6.44 | 4.93 | 3.62 | 8.64 | 1.73 | 4.56 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 505 | 397 | 322 | 253 | 251 | 151 | 141 |
| Revenue growth | +27.1% | +23.2% | +27.2% | +0.8% | +66.1% | +7.2% | - |
| EBITDA | 76.24 | 52.33 | 39.99 | 23.08 | 25.03 | 18.64 | 14.72 |
| EBITDA margin | +15.1% | +13.2% | +12.4% | +9.1% | +10.0% | +12.3% | +10.4% |
| Profit before tax | 55.58 | 35.13 | 26.52 | 11.64 | 10.59 | 8.18 | 6.49 |
| Net profit | 42.80 | 24.26 | 19.18 | 8.39 | 7.64 | 5.91 | 4.69 |
| Net profit margin | +8.5% | +6.1% | +6.0% | +3.3% | +3.0% | +3.9% | +3.3% |
| EPS (₹) | 27.79 | 15.56 | 12.29 | 5.57 | 5.06 | 3.91 | 3.10 |
| Balance sheet | |||||||
| Total assets | 492 | 353 | 259 | 179 | 166 | 154 | 138 |
| Net worth | 241 | 189 | 165 | 92.05 | 83.38 | 77.00 | 70.85 |
| Total debt | 214 | 161 | 93.11 | 83.61 | 76.60 | 77.06 | 66.66 |
| Cash & bank | 30.44 | 29.93 | 11.69 | 7.75 | 2.21 | 8.46 | 2.82 |
| Net working capital | 167 | 167 | 113 | 80.60 | 61.72 | 60.76 | 48.53 |
| Cash flow | |||||||
| Cash from operations | 70.79 | (18.14) | (13.68) | 8.25 | 23.55 | 11.93 | 3.48 |
| Cash from investing | (101) | (39.57) | (34.39) | (2.85) | (20.58) | (11.12) | (19.96) |
| Cash from financing | 34.15 | 49.43 | 52.00 | 0.15 | (9.23) | 4.84 | 17.60 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 184 | 120 | 116 | 84.55 | 172 | 69.86 | 82.09 |
| Revenue growth (YoY) | +84.4% | +7.1% | +71.3% | +41.4% | +15.8% | - | - | - |
| Other income | 2.62 | 1.49 | 1.20 | 1.75 | 2.48 | 1.09 | 1.09 | 2.03 |
| Total expenses | 133 | 153 | 101 | 101 | 72.95 | 147 | 59.86 | 73.99 |
| EBITDA | 23.13 | 31.62 | 18.26 | 14.76 | 11.60 | 24.66 | 10.00 | 8.10 |
| EBITDA margin | +14.8% | +17.2% | +15.3% | +12.7% | +13.7% | +14.3% | +14.3% | +9.9% |
| Depreciation | 3.21 | 3.18 | 2.84 | 2.76 | 2.74 | 2.17 | 2.16 | 2.74 |
| Interest | 4.85 | 4.26 | 4.71 | 2.54 | 4.54 | 4.14 | 3.65 | 2.31 |
| Profit before tax | 17.69 | 25.67 | 11.91 | 11.21 | 6.80 | 19.44 | 5.28 | 5.08 |
| Tax | 4.39 | 6.08 | 2.70 | 3.28 | 0.71 | 6.02 | 1.94 | 0.72 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 155 | 198 | 125 | 118 | 85.43 | 169 | 71.11 | 87.17 |
| Revenue growth (YoY) | +80.9% | +17.2% | +76.2% | +35.0% | +13.3% | - | - | - |
| Other income | 1.98 | (0.12) | 1.20 | 2.16 | 2.11 | 0.53 | 0.11 | 6.00 |
| EBITDA | 24.24 | 33.80 | 18.97 | 15.22 | 11.72 | 25.45 | 10.35 | 8.19 |
| EBITDA margin | +15.7% | +17.1% | +15.1% | +12.9% | +13.7% | +15.1% | +14.6% | +9.4% |
| Depreciation | 3.37 | 3.33 | 3.00 | 2.91 | 2.89 | 2.27 | 2.25 | 2.55 |
| Interest | 5.22 | 2.79 | 4.82 | 2.62 | 4.60 | 3.80 | 3.89 | 2.10 |
| Profit before tax | 17.63 | 27.56 | 12.35 | 11.85 | 6.34 | 19.91 | 4.32 | 9.54 |
| Tax | 4.59 | 6.72 | 2.14 | 4.04 | 0.72 | 6.27 | 1.66 | 2.51 |
| Net profit | 13.04 | 20.84 | 10.21 | 7.81 | 5.62 | 13.64 | 2.66 | 7.03 |
| EPS (₹) | 8.31 | 13.26 | 6.44 | 4.93 | 3.62 | 8.64 | 1.73 | 4.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 526 | 402 | 328 | 253 | 251 | 151 | 141 |
| Revenue growth | +30.8% | +22.6% | +29.5% | +0.8% | +66.1% | +7.2% | - |
| Other income | 5.36 | 4.60 | 6.22 | 4.94 | 1.24 | 1.82 | 1.10 |
| Total expenses | 446 | 348 | 287 | 230 | 226 | 133 | 126 |
| Employee cost | 0.00 | 21.33 | 16.19 | 14.77 | 13.23 | 9.05 | 9.50 |
| EBITDA | 79.71 | 53.83 | 40.81 | 23.21 | 25.03 | 18.64 | 14.72 |
| EBITDA margin | +15.2% | +13.4% | +12.4% | +9.2% | +10.0% | +12.3% | +10.4% |
| Depreciation | 12.14 | 9.47 | 10.41 | 9.00 | 7.93 | 6.43 | 6.06 |
| Interest | 14.83 | 13.09 | 9.76 | 7.43 | 7.74 | 5.85 | 3.27 |
| Profit before tax | 58.10 | 35.87 | 26.86 | 11.72 | 10.60 | 8.18 | 6.49 |
| Tax | 13.62 | 10.44 | 7.44 | 3.27 | 2.95 | 2.27 | 1.80 |
| Net profit | 44.42 | 25.62 | 19.42 | 8.45 | 7.65 | 5.91 | 4.69 |
| Net profit margin | +8.5% | +6.4% | +5.9% | +3.3% | +3.0% | +3.9% | +3.3% |
| EPS (₹) | 28.33 | 16.41 | 12.44 | 5.59 | 5.06 | 3.91 | 3.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.71 | 15.61 | 15.61 | 15.12 | 15.12 | 15.12 | 15.12 |
| Reserves & surplus | 229 | 172 | 147 | 76.96 | 68.27 | 61.88 | 55.73 |
| Shareholders' funds (net worth) | 244 | 191 | 165 | 92.08 | 83.39 | 77.00 | 70.85 |
| Minority interest | 0.48 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 219 | 138 | 28.58 | 0.00 | 67.52 | 66.34 | 63.36 |
| Unsecured loans | 30.53 | 47.14 | 65.78 | 99.28 | 11.16 | 11.26 | 3.36 |
| Total debt | 249 | 185 | 94.36 | 99.28 | 78.68 | 77.60 | 66.72 |
| Total liabilities | 540 | 379 | 261 | 195 | 168 | 155 | 138 |
| Assets | |||||||
| Gross block | 168 | 161 | 115 | 118 | 111 | 92.93 | 61.30 |
| Net block | 146 | 139 | 86.62 | 79.11 | 80.34 | 70.42 | 45.22 |
| Capital work in progress | 172 | 37.89 | 22.62 | 15.10 | 8.92 | 4.52 | 20.44 |
| Investments | 0.84 | 0.84 | 0.17 | 12.64 | 12.49 | 10.74 | 9.99 |
| Inventories | 153 | 76.40 | 64.54 | 69.74 | 65.67 | 55.76 | 38.85 |
| Sundry debtors | 86.52 | 124 | 81.55 | 41.67 | 34.28 | 25.43 | 23.46 |
| Cash & bank balances | 33.24 | 31.02 | 11.81 | 8.65 | 2.26 | 8.50 | 2.85 |
| Loans & advances | 21.27 | 10.92 | 10.33 | 10.69 | 3.92 | 3.99 | 4.58 |
| Total current assets | 294 | 243 | 168 | 131 | 106 | 93.68 | 69.74 |
| Total current liabilities | 122 | 59.45 | 52.39 | 58.08 | 47.52 | 32.92 | 21.18 |
| Net working capital | 172 | 183 | 116 | 72.67 | 58.61 | 60.76 | 48.56 |
| Total assets | 540 | 379 | 261 | 195 | 168 | 155 | 138 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.50 | 11.81 | 8.65 | 2.26 | 8.50 | 2.85 | 1.70 |
| Net cash from operating activities | 94.47 | (26.31) | 4.17 | 1.85 | 21.09 | 14.96 | 3.49 |
| Net cash from investing activities | (136) | (52.76) | (37.82) | (9.15) | (22.78) | (14.63) | (20.00) |
| Net cash from financing activities | 47.70 | 71.77 | 36.81 | 13.69 | (4.56) | 5.32 | 17.66 |
| Net change in cash | 6.02 | (7.31) | 3.16 | 6.39 | (6.24) | 5.65 | 1.15 |
| Closing cash | 33.24 | 31.02 | 11.81 | 8.65 | 2.26 | 8.50 | 2.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +30.8% | +22.6% | +29.5% | +0.8% | +66.1% | +7.2% | - |
| EBITDA growth | +48.1% | +31.9% | +75.8% | -7.3% | +34.3% | +26.6% | - |
| PBT growth | +62.0% | +33.5% | +129.2% | +10.6% | +29.6% | +26.0% | -36.2% |
| Net income growth | +73.4% | +31.9% | +129.8% | +10.5% | +29.4% | +26.0% | - |
| Revenue CAGR (3Y) | +27.6% | +17.0% | +29.4% | +21.5% | +19.6% | - | - |
| EBITDA CAGR (3Y) | +50.9% | +29.1% | +29.9% | +16.4% | +12.3% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +8.5% | +6.3% | +5.9% | +3.3% | +3.0% | +3.9% | +3.3% |
| Return on capital employed | - | +15.3% | +16.1% | +10.6% | +11.4% | +9.6% | +7.8% |
| Return on net worth | - | +14.3% | +15.1% | +9.6% | +9.6% | +8.0% | +6.8% |
| Debt / equity | - | 0.80 | 0.75 | 1.01 | 0.97 | 0.98 | 0.82 |
| Long-term debt / equity | - | 0.32 | 0.26 | 0.43 | 0.48 | 0.52 | 0.46 |
| Interest cover | 21.95 | 29.51 | 32.11 | 52.29 | 45.26 | 47.91 | 37.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.92 | 2.81 | 2.59 | 2.89 | 2.29 | 2.84 |
| Inventory turnover | - | 5.71 | 4.89 | 4.38 | 4.84 | 3.74 | 4.46 |
| Debtors turnover | - | 3.91 | 5.33 | 7.81 | 9.85 | 7.23 | 6.78 |
| EPS (₹) | 28.33 | 16.41 | 12.44 | 5.59 | 5.06 | 3.91 | 3.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 0.00 | 120.18 | 103.91 | 60.90 | 55.15 | 50.93 | 46.86 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 184 | 120 | 116 | 84.55 | 172 | 69.86 | 82.09 |
| Revenue growth (YoY) | +84.4% | +7.1% | +71.3% | +41.4% | +15.8% | - | - | - |
| Other income | 2.62 | 1.49 | 1.20 | 1.75 | 2.48 | 1.09 | 1.09 | 2.03 |
| Total expenses | 133 | 153 | 101 | 101 | 72.95 | 147 | 59.86 | 73.99 |
| EBITDA | 23.13 | 31.62 | 18.26 | 14.76 | 11.60 | 24.66 | 10.00 | 8.10 |
| EBITDA margin | +14.8% | +17.2% | +15.3% | +12.7% | +13.7% | +14.3% | +14.3% | +9.9% |
| Depreciation | 3.21 | 3.18 | 2.84 | 2.76 | 2.74 | 2.17 | 2.16 | 2.74 |
| Interest | 4.85 | 4.26 | 4.71 | 2.54 | 4.54 | 4.14 | 3.65 | 2.31 |
| Profit before tax | 17.69 | 25.67 | 11.91 | 11.21 | 6.80 | 19.44 | 5.28 | 5.08 |
| Tax | 4.39 | 6.08 | 2.70 | 3.28 | 0.71 | 6.02 | 1.94 | 0.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 505 | 397 | 322 | 253 | 251 | 151 | 141 |
| Revenue growth | +27.1% | +23.2% | +27.2% | +0.8% | +66.1% | +7.2% | - |
| Other income | 6.91 | 4.56 | 6.21 | 4.93 | 1.23 | 1.82 | 1.10 |
| Total expenses | 428 | 345 | 282 | 230 | 226 | 133 | 126 |
| Employee cost | 0.00 | 20.28 | 15.96 | 14.64 | 13.23 | 9.05 | 9.50 |
| EBITDA | 76.24 | 52.33 | 39.99 | 23.08 | 25.03 | 18.64 | 14.72 |
| EBITDA margin | +15.1% | +13.2% | +12.4% | +9.1% | +10.0% | +12.3% | +10.4% |
| Depreciation | 11.52 | 8.91 | 10.10 | 8.98 | 7.93 | 6.43 | 6.06 |
| Interest | 16.05 | 12.85 | 9.58 | 7.39 | 7.74 | 5.85 | 3.27 |
| Profit before tax | 55.58 | 35.13 | 26.52 | 11.64 | 10.59 | 8.18 | 6.49 |
| Tax | 12.78 | 10.87 | 7.34 | 3.25 | 2.95 | 2.27 | 1.80 |
| Net profit | 42.80 | 24.26 | 19.18 | 8.39 | 7.64 | 5.91 | 4.69 |
| Net profit margin | +8.5% | +6.1% | +6.0% | +3.3% | +3.0% | +3.9% | +3.3% |
| EPS (₹) | 27.79 | 15.56 | 12.29 | 5.57 | 5.06 | 3.91 | 3.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.71 | 15.61 | 15.61 | 15.12 | 15.12 | 15.12 | 15.12 |
| Reserves & surplus | 226 | 171 | 146 | 76.93 | 68.26 | 61.88 | 55.73 |
| Shareholders' funds (net worth) | 241 | 189 | 165 | 92.05 | 83.38 | 77.00 | 70.85 |
| Secured loans | 170 | 130 | 75.66 | 69.75 | 65.66 | 66.34 | 63.36 |
| Unsecured loans | 43.89 | 31.66 | 17.45 | 13.86 | 10.94 | 10.72 | 3.30 |
| Total debt | 214 | 161 | 93.11 | 83.61 | 76.60 | 77.06 | 66.66 |
| Total liabilities | 492 | 353 | 259 | 179 | 166 | 154 | 138 |
| Assets | |||||||
| Gross block | 157 | 146 | 90.91 | 114 | 111 | 92.93 | 61.30 |
| Net block | 136 | 128 | 81.70 | 75.25 | 80.34 | 70.42 | 45.22 |
| Capital work in progress | 117 | 18.83 | 9.92 | 6.94 | 3.27 | 0.97 | 20.44 |
| Investments | 5.64 | 4.54 | 3.38 | 15.64 | 15.40 | 13.75 | 9.95 |
| Inventories | 130 | 75.06 | 63.40 | 68.64 | 65.62 | 55.76 | 38.85 |
| Sundry debtors | 120 | 116 | 80.36 | 46.62 | 34.28 | 25.43 | 23.46 |
| Cash & bank balances | 30.44 | 29.93 | 11.69 | 7.75 | 2.21 | 8.46 | 2.82 |
| Loans & advances | 12.95 | 9.50 | 9.58 | 15.28 | 7.05 | 3.99 | 4.58 |
| Total current assets | 293 | 230 | 165 | 138 | 109 | 93.64 | 69.71 |
| Total current liabilities | 126 | 63.53 | 51.84 | 57.69 | 47.44 | 32.88 | 21.18 |
| Net working capital | 167 | 167 | 113 | 80.60 | 61.72 | 60.76 | 48.53 |
| Total assets | 492 | 353 | 259 | 179 | 166 | 154 | 138 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.41 | 11.69 | 7.75 | 2.21 | 8.46 | 2.82 | 1.70 |
| Net cash from operating activities | 70.79 | (18.14) | (13.68) | 8.25 | 23.55 | 11.93 | 3.48 |
| Net cash from investing activities | (101) | (39.57) | (34.39) | (2.85) | (20.58) | (11.12) | (19.96) |
| Net cash from financing activities | 34.15 | 49.43 | 52.00 | 0.15 | (9.23) | 4.84 | 17.60 |
| Net change in cash | 4.30 | (8.28) | 3.94 | 5.55 | (6.26) | 5.65 | 1.12 |
| Closing cash | 30.44 | 29.93 | 11.69 | 7.75 | 2.21 | 8.46 | 2.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.1% | +23.2% | +27.2% | +0.8% | +66.1% | +7.2% | - |
| EBITDA growth | +45.7% | +30.9% | +73.3% | -7.8% | +34.3% | +26.6% | - |
| PBT growth | +58.2% | +32.5% | +127.8% | +9.9% | +29.5% | +26.0% | -36.2% |
| Net income growth | +76.4% | +26.5% | +128.6% | +9.8% | +29.3% | +26.0% | - |
| Revenue CAGR (3Y) | +25.8% | +16.5% | +28.7% | +21.5% | +19.6% | +8.2% | +177.8% |
| EBITDA CAGR (3Y) | +48.9% | +27.9% | +29.0% | +16.2% | +12.3% | +4.8% | +128.1% |
| Profitability & leverage | |||||||
| Net income margin | +8.5% | +6.1% | +6.0% | +3.3% | +3.0% | +3.9% | +3.3% |
| Return on capital employed | - | +15.6% | +16.5% | +11.0% | +11.5% | +9.6% | +7.8% |
| Return on net worth | - | +13.7% | +14.9% | +9.6% | +9.5% | +8.0% | +6.8% |
| Debt / equity | - | 0.73 | 0.69 | 0.91 | 0.96 | 0.97 | 0.82 |
| Long-term debt / equity | - | 0.17 | 0.18 | 0.34 | 0.46 | 0.52 | 0.46 |
| Interest cover | 24.80 | 29.59 | 32.05 | 52.41 | 45.26 | 47.91 | 37.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 3.34 | 3.14 | 2.63 | 2.89 | 2.29 | 2.84 |
| Inventory turnover | - | 5.74 | 4.88 | 4.42 | 4.85 | 3.74 | 4.46 |
| Debtors turnover | - | 4.05 | 5.08 | 7.33 | 9.85 | 7.23 | 6.78 |
| EPS (₹) | 27.79 | 15.56 | 12.29 | 5.57 | 5.06 | 3.91 | 3.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 0.00 | 119.47 | 103.78 | 60.88 | 55.15 | 50.93 | 46.86 |
Peer Comparison of Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spectrum Electrical Industries Limited this company | ₹525.94 Cr (FY 2026) | •••• | •••• | 30.8% | •••• | Jalgaon, Maharashtra, India |
| Hammond Power Solutions Private Limited | ₹416.1 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Sangareddy, Telangana, India |
| Toshiba JSW Power Systems Private Limited | ₹413.74 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Chennai, Tamil Nadu, India |
| Novasys Greenergy Limited | ₹409.2 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Accurate Industrial Controls Private Limited | ₹408.96 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Windar Renewable Energy Private Limited | ₹407.19 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Halol, Gujarat, India |
| Light and Shade Electricals Private Limited | ₹404.47 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Elinwg India Private Limited | ₹402.39 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Pune, Maharashtra, India |
| Central Electronics Limited | ₹399.5 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Loom Solar Private Limited | ₹398.98 Cr (FY 2025) | •••• | •••• | 162.0% | •••• | Faridabad, Haryana, India |
| Rehlko Energy India Private Limited | ₹397.72 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spectrum Electrical Industries by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited is audited by SHARPAARTH & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARPAARTH & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spectrum Electrical Industries Limited
Spectrum Electrical Industries has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Shrikant Malpani | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Kishor Dalu Dhake | Director | 06 Nov 2020 | 5 Years 11 Months | Current |
| Devendra Sudhakar Rane Also directs: Spectrum Electrical Technologies Private Limited | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
| Bharti Deepak Chaudhari | Whole-Time Director | 18 Feb 2014 | 12 Years 7 Months | Current |
| Deepak Suresh Chaudhari | Managing Director | 12 Aug 2008 | 18 Years 1 Months | Current |
| Sanjay Padmakar Pawde Also directs: Mindlogics Business Intelligence LLP | Director | 01 Jul 2018 | 8 Years 3 Months | Current |
Shareholding Pattern of Spectrum Electrical Industries Limited
Shareholding for the quarter ended Sep 2026: promoters hold 72.70%, foreign institutional investors hold 3.60%, domestic institutional investors hold 0.40% and retail and other public shareholders hold 23.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.70% | 72.70% | 72.70% | 72.70% |
| Public | 27.30% | 27.30% | 27.30% | 27.30% |
Charges & Borrowings of Spectrum Electrical Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2026 | Others | ₹8.7 Cr | Open |
| 08 Aug 2025 | Hdfc Bank Limited | ₹11.49 Lakh | Open |
| 30 Jun 2025 | Hdfc Bank Limited | ₹3 Lakh | Open |
| 25 Jun 2025 | Hdfc Bank Limited | ₹1 Lakh | Open |
| 26 Mar 2025 | Others | ₹57 Lakh | Open |
Total charge records: 24 View all charges
Deals & Funding of Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited has 23 deals on record (8 market trades, 8 secondary share transfers, 2 rights issues), with disclosed funding of ₹51.86 Cr; the latest was in September 2026.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Market trade | ₹10.88 Cr | Buyer: Bigcapita Securities Priate Limited, 2 individuals Seller: Investino Venture LLP , Arihant Capital Markets Limted |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Others - Spectrum Electrical Industries Limited, Bigcapita Securities Priate Limited, 2 individuals Seller: Investino Venture LLP , Arihant Capital Markets Limited |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Investino Venture LLP |
| Jan 2022 | Market trade | ₹99.8 Lakh | Buyer: an individual Seller: Investino Venture LLP |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Others - Spectrum Electrical Industries Limited, an individual Seller: Wealth Mine Networks Limited |
Full deal history
All 23 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Jalgaon, Maharashtra | Civil suit | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 3,853 overdue payments to 211 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 211)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| S S Industrial Suppliers | •••• | •••• | •••• |
| Rahul Packwell Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited has a workforce of 1,111 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Spectrum Electrical Industries Limited
Spectrum Electrical Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Spectrum Electrical Industries Limited | U28994MH2019PTC331740 | - |
| Spectrum Mass-Tech Private Limited | U31900MH2021PTC354522 | - |
Showing major subsidiaries. Total: 2.
Name History of Spectrum Electrical Industries Limited
Spectrum Electrical Industries has undergone 4 name changes throughout its history. The current legal name is Spectrum Electrical Industries Limited.
| Company Name | Status |
|---|---|
| Spectrum Electrical Industries Limited | Current |
| Spectrum Electrical Industries Private Limited | Previous |
| Spectrum Electricals Private Limited | Previous |
| Spectrum Electrical Component Private Limited | Previous |
| Spectrum Polytech Private Limited | Previous |
CIN History of Spectrum Electrical Industries Limited
Spectrum Electrical Industries has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L28100MH2008PLC185764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28100MH2008PLC185764 | Current |
| U31908MH2008PTC185764 | Previous |
| U28100MH2008PLC185764 | Previous |
| U28100MH2008PTC185764 | Previous |
| U25191MH2008PTC185764 | Previous |
News related to Spectrum Electrical Industries Limited
Recent Activity on Spectrum Electrical Industries Limited
Spectrum Electrical Industries Limited has 20 board changes on record since 2008: 14 appointments and 6 cessations. The latest: Priya Rathi was appointed as Director on 11 Feb 2025.
50 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spectrum Electrical Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spectrum Electrical Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spectrum Electrical Industries Limited
Spectrum Electrical Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS2152E1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 36AAUCS2152E1Z8 | Telangana | Active | 22 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spectrum Electrical Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spectrum Electrical Industries Limited
Spectrum Electrical Industries is an active public limited company based in Jalgaon, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 August 2008 (18+ years old) and is registered under CIN L28100MH2008PLC185764. Listed on NSE: SPECTRUM.
Spectrum Electrical Industries reported revenue of ₹525.94 Cr for FY 2025-26 (up 30.8% YoY) based on consolidated financials.
Spectrum Electrical Industries has 8 current directors:
- Deepak Suresh Chaudhari - Managing Director
- Bharti Deepak Chaudhari - Whole-Time Director
- Saurabh Shrikant Malpani - Director
- Kishor Dalu Dhake - Director
- Devendra Sudhakar Rane - Director
- Sanjay Padmakar Pawde - Director
- Narendra Daulatrao Wagh - Director
- Priya Rathi - Director
The GSTIN of Spectrum Electrical Industries is 27AAUCS2152E1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAUCS2152E1Z8 (Telangana).
The CIN (Corporate Identification Number) of Spectrum Electrical Industries is L28100MH2008PLC185764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Spectrum Electrical Industries is listed on NSE with symbol SPECTRUM.
Spectrum Electrical Industries has 2 court cases on record: 1 filed against it. 1 is pending.
Spectrum Electrical Industries was incorporated on 12 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Spectrum Electrical Industries has 23 deals on record (8 market trades, 8 secondary share transfers, 2 rights issues), with disclosed funding of ₹51.86 Cr; the latest was in September 2026.
The peers of Spectrum Electrical Industries by revenue are Hammond Power Solutions Private Limited, Toshiba JSW Power Systems Private Limited, Novasys Greenergy Limited, Accurate Industrial Controls Private Limited, Windar Renewable Energy Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Priya Rathi was appointed as Director on 11 Feb 2025. Chandrakant Bhaskar Rane ceased to be Director on 17 Apr 2023. Kishor Dalu Dhake was appointed as Director on 06 Nov 2020. Spectrum Electrical Industries has 20 board changes on record in total.
Spectrum Electrical Industries has 14 MSME Form 1 returns on record between 2019 and 2024, listing 3,853 overdue payments to 211 micro and small suppliers. The latest return was filed on 17 Jun 2024.