Spectra Industries Ltd - Stock Valuation and Financial Performance

BSE: 513687 | NSE: | Auto Ancillary | Small Cap

Spectra Industries Share Price

4.77 0.22 4.84%
as on 24-Apr'24 16:01

DeciZen - make an informed investing decision on Spectra Industries

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Spectra Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
3.4 Cr.
52-wk low:
3.8
52-wk high:
6.6

Is Spectra Industries Ltd an attractive stock to invest in?

1. Is Spectra Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Spectra Industries Ltd is a average quality company.

2. Is Spectra Industries Ltd undervalued or overvalued?

The key valuation ratios of Spectra Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Spectra Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Spectra Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Spectra Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Spectra Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -0.4%5.2%5.8%6.9%-21.4%-117.4%-79.4%79%27.1%11.4%-
Value Creation
Index
-1.0-0.6-0.6-0.5-2.5NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 69109121132860.500000
Sales YoY Gr.-58.3%11.2%8.3%-34.6%-99.4%-100%NANANA-
Adj EPS -1.50.30.31.8-17.3-41.1-12.4-7.8-8.4-4.7-3.5
YoY Gr.-NA10%439.4%-1070.2%NANANANANA-
BVPS (₹) 16.61717.317.80.5-40.6-53-60.8-69.2-73.9-79.3
Adj Net
Profit
-1.10.20.21.3-12.2-29.1-8.8-5.5-5.9-3.3-2
Cash Flow from Ops. 0.43.50.31.62.9-1.97.244.65.8-
Debt/CF from Ops. 53.85.669.426.413.6-19.55.29.48.25.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%NANA
Adj EPS NANANANA
BVPS-218%-370.5%NANA
Share Price -4.1% -2.2% 17.4% -11.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-8.81.81.910.2-189.1205.126.513.712.96.64.6
Op. Profit
Mgn %
0.51.51.21-10.7-5205.7-12535.8000NAN
Net Profit
Mgn %
-1.60.20.21-14.2-5457.4-305385.6000-INF
Debt to
Equity
1.71.61.83.4110.2-1.3-1-0.9-0.8-0.6-
Working Cap
Days
24917118419523614,2825,38,7830000
Cash Conv.
Cycle
11752357913712,4154,34,5370000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 4.60%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Spectra Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -3.5 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -79.3 -
Reserves (₹ Cr.) -63 -
P/BV -0.06 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 3.81 / 6.55
All Time Low / High (₹) 0.76 / 50.10
Market Cap (₹ Cr.) 3.4
Equity (₹ Cr.) 7.1
Face Value (₹) 10
Industry PE 47.5

Management X-Ray of Spectra Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Spectra Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales68.97109.17121.44131.5685.990.530000
Operating Expenses 68.65107.52120.03130.3095.1728.270.360.210.640.62
Manufacturing Costs0.490.880.820.650.580.360.020.040.050.05
Material Costs65.46102.91115.31125.0881.6614.040.0100.320.16
Employee Cost 1.682.062.552.572.560.790.100.030.030.03
Other Costs 1.011.661.35210.3613.080.230.140.240.39
Operating Profit 0.321.651.411.25-9.18-27.74-0.36-0.21-0.64-0.62
Operating Profit Margin (%) 0.5%1.5%1.2%1.0%-10.7%-5,205.7%-12,535.8%---
Other Income 0.521.352.013.750.610.070.020.010.270
Interest 1.392.042.382.582.900.967.854.695.202.30
Depreciation 0.520.890.590.690.660.650.640.600.530.53
Exceptional Items 0000000000
Profit Before Tax -1.070.070.451.73-12.13-29.28-8.82-5.48-6.10-3.45
Tax 0.01-0.140.220.470.09-0.19-0.030.02-0.16-0.11
Profit After Tax -1.080.210.231.26-12.22-29.08-8.79-5.50-5.94-3.34
PAT Margin (%) -1.6%0.2%0.2%1.0%-14.2%-5,457.4%-3,05,385.6%---
Adjusted EPS (₹)-1.50.30.31.8-17.3-41.1-12.4-7.8-8.4-4.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 11.781212.2312.570.36-28.72-37.51-43.01-48.95-52.29
Share Capital 7.087.087.087.087.087.087.087.087.087.08
Reserves 4.704.925.155.49-6.72-35.80-44.59-50.09-56.03-59.37
Minority Interest0000000000
Debt19.7719.5021.5742.5739.5937.1837.3637.5437.4732.97
Long Term Debt8.1076.583.742.632.302.833.403.870
Short Term Debt11.6712.5114.9938.8336.9634.8834.5234.1433.5932.97
Trade Payables19.9238.6846.5632.058.915.405.375.535.455.28
Others Liabilities 8.812.863.082.353.032.079.1913.2117.4924.80
Total Liabilities 60.2873.0483.4489.5451.8915.9214.4113.2511.4510.76

Fixed Assets

Gross Block14.0313.9320.6320.6820.7220.7220.7220.7220.6220.62
Accumulated Depreciation6.557.427.758.449.069.7110.3510.9411.4712
Net Fixed Assets7.486.5212.8812.2411.6511.0110.379.779.158.62
CWIP 3.255.6400000000
Investments 0.930.930.930000000
Inventories7.199.3810.5419.8816.310.660.640.640.320.16
Trade Receivables33.8640.3449.8351.0319.643.562.031.620.920.92
Cash Equivalents 2.633.523.583.053.180.280.180.080.030.04
Others Assets4.936.715.663.351.100.421.181.151.031.03
Total Assets 60.2873.0483.4489.5451.8915.9214.4113.2511.4510.76

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.373.490.311.612.92-1.917.194.014.585.76
PBT -1.070.070.451.73-12.13-29.28-8.82-5.48-6.10-3.45
Adjustment 1.321.761.791.979.2713.5815.689.2910.247.34
Changes in Working Capital 0.072.61-1.65-1.956.2613.920.250.180.451.87
Tax Paid -0.18-0.10-0.08-0.02-0.27-0.130.090.0200
Cash Flow From Investing Activity -1.67-1.87-0.720.390.190.070.020.010.100
Capex -1.89-2.31-1.31-0.05-0.070000.090
Net Investments 0000000000
Others 0.220.440.590.440.260.070.020.0100
Cash Flow From Financing Activity 4.18-0.82-2.58-2.51-2.98-1.07-7.31-4.12-4.72-5.76
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1.02-1.32-1.79-1.72-2.08-0.74-7.85-4.68-5.20-2.30
Dividend Paid 0000000000
Others 5.200.50-0.79-0.80-0.90-0.330.530.560.48-3.46
Net Cash Flow 2.880.80-2.99-0.510.13-2.90-0.10-0.10-0.040.01
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-8.81.811.9110.16-189.08N/AN/AN/AN/AN/A
ROCE (%)1.046.718.689.7-19.41N/AN/AN/AN/AN/A
Asset Turnover Ratio1.141.641.551.521.220.020000
PAT to CFO Conversion(x)N/A16.621.351.28N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days1831241361401507,9480000
Inventory Days40283042775,8130000
Payable Days11110413511592186006,2170

Spectra Industries Ltd Stock News

Spectra Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Spectra Industries on 24-Apr-2024 16:01 is ₹4.77.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Apr-2024 16:01 the market cap of Spectra Industries stood at ₹3.38.
The latest P/E ratio of Spectra Industries as of 24-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Spectra Industries as of 24-Apr-2024 16:01 is -0.06.
The 52-week high of Spectra Industries is ₹6.55 and the 52-week low is ₹3.81.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Spectra Industries is ₹0.00 ( Cr.) .

About Spectra Industries Ltd

Spectra Industries was incorporated in the year 1992. Its plant is located at Murbad.

The company has set up unit for the manufacturing wide range of automobile sheet metal parts. Products such as fuel tanks and oil pans are regularly supplied to Fiat India for their Palio and Siena model applications. The company has also been supplying brake shoes to Godrej & Boyce India.

In 2010 Spectra Industries entered into Letter of Intent (LOI) with Mahindra Navistar Ltd. for the dealership of marketing of their light and heavy commercial vehicles manufactured by them for their entire districts of Thane, Raigad and Mumbai.

The main area of business:

The company is engaged in the production of sheet metal components for the automobile industry. It operates in three segments: trading of steel/Scrap, sheet metal press parts and others. The company also markets steel items like CR/HR sheets.

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