₹101.74NSE close 2026-10-26
Key numbers
Market cap₹469 cr
Price₹101.74
52w high / low₹157 / ₹102
P/E22.2xSector median 20.6x
P/B154.1xSector median 3.5x
Book value₹0.7
Dividend yield–Sector median 0.24%
ROE-245.6%Sector median 15.5%
ROCE-66.6%Sector median 16.4%
OPM-384.7%Sector median 11.7%
Debt / equity6.86xSector median 0.32x
EV/EBITDA–Sector median 13.3x
Interest cover-4.3x
Current ratio0.05x
Sales growth 3y-17.5%Sector median +17.8%
Profit growth 3y–Sector median +15.2%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹21 cr (FY26): borrowings are higher by ₹21 cr.
- Operating profit covered interest -4.3x in the last 12 months.
- Net loss in 6 of the last 7 quarters.
- No dividend in the last 5 financial years.
- Price ₹101.74 on 2026-10-26: -35.2% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹227.55 · low ₹107.09
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Jun 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 2 | 2 | 1 | 2 | 0 |
| EBITDA | -4 | -8 | -4 | -12 | -6 | 2 | -1 |
| OPM % | -192.2% | -329.4% | -192.2% | -783.7% | -985.7% | 92.7% | -1,062.5% |
| Other income | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Net profit | -6 | -8 | -6 | -12 | -7 | 1 | -1 |
| EPS (₹) | 1.21 | 1.73 | 1.21 | 2.70 | 1.42 | 0.17 | 0.29 |
| Revenue YoY | -67.4% | -11.0% | -95.9% | ||||
| Profit YoY | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 16 | 11 | 12 | 8 | 6 | 4 |
| EBITDA | -7 | -5 | -12 | -18 | -20 | -17 |
| Net profit | -12 | -3 | -17 | -21 | -24 | -20 |
| EPS (₹) | -2.57 | -0.67 | 3.64 | 4.56 | 5.17 | 4.58 |
| Revenue growth | -28.6% | +7.4% | -34.5% | -20.1% | – | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -17.5% | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 13 | 3 |
| Borrowings | 31 | 21 |
| Cash & equivalents | 0 | 0 |
| Total assets | 128 | 115 |
| Fixed assets | 23 | 25 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 1 | 1 |
| Inventory | 23 | 3 |
| Payables | 4 | 3 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -2 | 13 |
| Cash from investing | 1 | 2 |
| Cash from financing | 0 | -15 |
| Capex | 0 | 0 |
| Free cash flow | -2 | 13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -163.0% | -783.1% |
| ROCE % | -42.4% | -78.5% |
| Debtor days | 36 | 34 |
| Inventory days | 2,945 | 712 |
| Payable days | 450 | 787 |
| Cash conversion cycle (days) | 2,531 | -41 |
| Working capital days | -784 | -4,141 |
Peers in Other Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹65,440 cr | 17.1x | 4.5x | 23.0% | 33.2% | 20.2% | – | 0.09% |
| APARINDS | ₹60,870 cr | 51.5x | 11.3x | 11.6% | 32.9% | 8.7% | +16.9% | 0.34% |
| PREMIERENE | ₹39,130 cr | 23.2x | 9.1x | 46.7% | 29.7% | 30.0% | – | 0.08% |
| MTARTECH | ₹20,738 cr | 155.4x | 25.2x | 17.2% | 18.3% | 20.7% | +15.2% | – |
| DIACABS | ₹17,638 cr | 89.7x | – | – | 13.0% | 11.7% | – | – |
| EMMVEE | ₹16,661 cr | 11.6x | 3.8x | 53.0% | 34.1% | 34.7% | – | – |
| AVALON | ₹14,490 cr | 108.3x | 20.1x | 20.0% | 21.9% | 11.4% | +19.3% | 0.00% |
| UTLSOLAR | ₹11,331 cr | 36.6x | 8.9x | 23.1% | 25.4% | 14.6% | – | – |
| GENUSPOWER | ₹7,411 cr | 11.4x | 3.3x | 31.9% | 22.2% | 18.8% | +80.5% | 0.82% |
| SPELS | ₹469 cr | 22.2x | 154.1x | -245.6% | -66.6% | -384.7% | -17.5% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Other Electrical Equipment |
| Sub-industry | Other Electrical Equipment |
| Symbol | SPELS |
| BSE code | 517166 |
| ISIN | INE252A01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-27 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.