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Spectrum Electrical Industries Limited (SPECTRUM) Fair Value & Analysis

Industrials · IN · Market cap ₹29.1B

SE Spectrum Electrical Industries Limited SPECTRUM · NSE
Price₹1,853
Fair Value₹521.96
Upside-71.8%
Quality55/100
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Evidence: High Range ₹360.41 – ₹931.55

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +14.3% over the past month.

Price vs Fair Value (12 months)

₹1,920 ₹1,057 Fair Value ₹521.96 Jul 2025 Jul 2026

12‑month range ₹1,057 – ₹1,920 · fair‑value band ₹360.41 – ₹931.55 · the ₹1,853 price screens above the ₹521.96 fair value. As of Jul 3, 2026.

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Analysis

Spectrum Electrical Industries Limited (SPECTRUM) currently trades at ₹1,853, while our model-based Fair Value estimate is ₹521.96 — implying the stock looks roughly 71.8% overvalued today. We read business quality at 55/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Spectrum Electrical Industries Limited generated revenue of ₹5.3B at a net margin of 8.5%. Revenue grew 67.9% year over year. It earns a return on equity of 20.4%. Net debt stands at ₹2.2B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹5.3B
Revenue growth (YoY) +67.9%
Net margin 8.5%
Return on equity 20.4%
Free cash flow −₹583M FY2026
P/E ratio 73.4
More key figures
Operating margin 13.9%
EPS (TTM) ₹25.24
EPS growth (YoY) +95.9%
Net debt ₹2.2B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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 surface coating services; metallic stamping services; plastics molding services; molds, dies, and tooling products; and end to end solutions. Spectrum Electrical Industries Limited was incorporated in 2008 and is based in Mumbai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Spectrum Electrical Industries Limited reported revenue of ₹5.3B in FY2026 versus ₹2.5B in FY2022, a compound +20.3%/yr. Reported net income was ₹444M in FY2026, compounding +55.2%/yr from FY2022.

Revenue +20.3%/yr
FY22 ₹2.5B
FY23 ₹2.5B
FY24 ₹3.1B
FY25 ₹3.9B
FY26 ₹5.3B
Net income +55.2%/yr
FY22 ₹76.5M
FY23 ₹84.5M
FY24 ₹194M
FY25 ₹256M
FY26 ₹444M

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Similar stocks

6 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co CYATY $22.57 $11.89 -47%
ABB Ltd ABLZF $110.87 $35.93 -68%
Delta Electronics (Thailand) Public Company DELTA 335.00 THB 34.23 THB -90%
Vertiv Holdings VRT $357.96 $89.54 -75%
Mitsubishi Electric Corporation MIELY $68.31 $29.03 -58%
LG Energy Solution, Ltd 373220 385,500 KRW 7,302 KRW -98%

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Frequently asked questions

Is Spectrum Electrical Industries Limited (SPECTRUM) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹521.96 versus a price of ₹1,853 — about −72% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SPECTRUM?
Our model-based fair value for Spectrum Electrical Industries Limited is ₹521.96 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,853.
What is the quality score of SPECTRUM?
Spectrum Electrical Industries Limited has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Spectrum Electrical Industries Limited (SPECTRUM)?
Spectrum Electrical Industries Limited reported trailing-twelve-month revenue of about ₹5.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SPECTRUM?
The net profit margin of Spectrum Electrical Industries Limited is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.