Financials Spectrum Electrical Industries Limited

Equities

SPECTRUM

INE01EO01010

Electrical Components & Equipment

Market Closed - NSE India S.E. 07:43:53 2024-05-17 am EDT 5-day change 1st Jan Change
1,497 INR +10.00% Intraday chart for Spectrum Electrical Industries Limited +5.84% +11.57%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 892.1 801.4 861.8 1,414 5,216
Enterprise Value (EV) 1 1,243 1,340 1,445 2,053 5,996
P/E ratio 12.2 x 17.1 x 14.6 x 18.5 x 61.7 x
Yield - - 1.75% 1.07% 0.29%
Capitalization / Revenue 0.61 x 0.57 x 0.57 x 0.56 x 2.06 x
EV / Revenue 0.85 x 0.95 x 0.96 x 0.82 x 2.37 x
EV / EBITDA 7.12 x 9.36 x 7.65 x 8.1 x 22.2 x
EV / FCF -7.8 x -5.4 x -12.7 x -16.8 x -103 x
FCF Yield -12.8% -18.5% -7.89% -5.96% -0.97%
Price to Book 1.35 x 1.13 x 1.12 x 1.7 x 5.66 x
Nbr of stocks (in thousands) 15,120 15,120 15,120 15,120 15,120
Reference price 2 59.00 53.00 57.00 93.50 345.0
Announcement Date 9/5/19 9/5/21 9/6/21 9/5/22 9/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,195 1,468 1,412 1,513 2,513 2,533
EBITDA 1 162.1 174.6 143.2 189 253.5 270.1
EBIT 1 122.9 121.9 86.57 129 174.2 180
Operating Margin 10.28% 8.3% 6.13% 8.53% 6.93% 7.11%
Earnings before Tax (EBT) 1 81.03 101.7 64.84 81.82 106.1 117.2
Net income 1 59.03 73.42 46.8 59.06 76.55 84.5
Net margin 4.94% 5% 3.31% 3.9% 3.05% 3.34%
EPS 2 5.299 4.856 3.100 3.910 5.060 5.590
Free Cash Flow 1 -472.9 -159.3 -248 -114 -122.4 -57.98
FCF margin -39.56% -10.85% -17.56% -7.54% -4.87% -2.29%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - 1.000 1.000 1.000
Announcement Date 8/17/18 9/5/19 9/5/21 9/6/21 9/5/22 9/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 334 350 539 584 639 780
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.062 x 2.007 x 3.764 x 3.088 x 2.522 x 2.888 x
Free Cash Flow 1 -473 -159 -248 -114 -122 -58
ROE (net income / shareholders' equity) 29.9% 14.6% 6.83% 7.99% 9.55% 9.63%
ROA (Net income/ Total Assets) 11.6% 6.07% 3.57% 4.63% 5.36% 4.76%
Assets 1 509.8 1,210 1,309 1,276 1,429 1,777
Book Value Per Share 2 30.30 43.80 46.90 50.90 55.20 60.90
Cash Flow per Share 2 4.500 1.120 1.880 5.620 1.490 5.720
Capex 1 356 72.5 235 157 223 139
Capex / Sales 29.76% 4.94% 16.65% 10.38% 8.86% 5.5%
Announcement Date 8/17/18 9/5/19 9/5/21 9/6/21 9/5/22 9/5/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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