BSE: 513687 | NSE: | Auto Ancillary | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Spectra Industries Ltd is a below average quality company.
The key valuation ratios of Spectra Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 1% | 6.7% | 8.7% | 9.7% | -19.4% | -117% | -23.4% | 0% | 0% | 0% | - |
| Value Creation Index ⓘ | -0.9 | -0.5 | -0.4 | -0.3 | -2.4 | NA | NA | NA | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 69 | 109 | 121 | 132 | 86 | 0.5 | 0 | 0 | 0 | 0 | 0 |
| Sales YoY Gr. | - | 58.3% | 11.2% | 8.3% | -34.6% | -99.4% | -100% | NA | NA | NA | - |
| Adj EPS ⓘ | -1.5 | 0.3 | 0.3 | 1.8 | -17.3 | -41.1 | -12.4 | -7.8 | -8.4 | -4.7 | -3.5 |
| YoY Gr. | - | NA | 10% | 439.4% | -1070.2% | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 16.6 | 17 | 17.3 | 17.8 | 0.5 | -40.6 | -53 | -60.8 | -69.2 | -73.9 | -79.3 |
| Adj Net Profit ⓘ | -1.1 | 0.2 | 0.2 | 1.3 | -12.2 | -29.1 | -8.8 | -5.5 | -5.9 | -3.3 | -2 |
| Cash Flow from Ops. ⓘ | 0.4 | 3.5 | 0.3 | 1.6 | 2.9 | -1.9 | 7.2 | 4 | 4.6 | 5.8 | - |
| Debt/CF from Ops. ⓘ | 53.8 | 5.6 | 69.4 | 26.4 | 13.6 | -19.5 | 5.2 | 9.4 | 8.2 | 5.8 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -100% | -100% | NA | NA | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -218% | -370.5% | NA | NA | ||||
| Share Price | -6.3% | 38.2% | -7.1% | 3.2% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -8.8 | 1.8 | 1.9 | 10.2 | -189.1 | 205.1 | 26.5 | 13.7 | 12.9 | 6.6 | 4.6 |
| Op. Profit Mgn % ⓘ | 0.5 | 1.5 | 1.2 | 1 | -10.7 | -5205.7 | -12535.8 | 0 | 0 | 0 | NAN |
| Net Profit Mgn % ⓘ | -1.6 | 0.2 | 0.2 | 1 | -14.2 | -5457.4 | -305385.6 | 0 | 0 | 0 | -INF |
| Debt to Equity ⓘ | 1.7 | 1.6 | 1.8 | 3.4 | 110.2 | -1.3 | -1 | -0.9 | -0.8 | -0.6 | - |
| Working Cap Days ⓘ | 249 | 171 | 184 | 195 | 236 | 14,282 | 5,38,783 | 0 | 0 | 0 | 0 |
| Cash Conv. Cycle ⓘ | 117 | 52 | 35 | 79 | 137 | 12,415 | 4,34,537 | 0 | 0 | 0 | 0 |
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%
| 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 (₹) | 4.01 / 6.55 |
| All Time Low / High (₹) | 0.76 / 50.10 |
| Market Cap (₹ Cr.) | 3.4 |
| Equity (₹ Cr.) | 7.1 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 51.1 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 68.97 | 109.17 | 121.44 | 131.56 | 85.99 | 0.53 | 0 | 0 | 0 | 0 |
| Operating Expenses ⓘ | 68.65 | 107.52 | 120.03 | 130.30 | 95.17 | 28.27 | 0.36 | 0.21 | 0.64 | 0.62 |
| Manufacturing Costs | 0.49 | 0.88 | 0.82 | 0.65 | 0.58 | 0.36 | 0.02 | 0.04 | 0.05 | 0.05 |
| Material Costs | 65.46 | 102.91 | 115.31 | 125.08 | 81.66 | 14.04 | 0.01 | 0 | 0.32 | 0.16 |
| Employee Cost | 1.68 | 2.06 | 2.55 | 2.57 | 2.56 | 0.79 | 0.10 | 0.03 | 0.03 | 0.03 |
| Other Costs ⓘ | 1.01 | 1.66 | 1.35 | 2 | 10.36 | 13.08 | 0.23 | 0.14 | 0.24 | 0.39 |
| Operating Profit ⓘ | 0.32 | 1.65 | 1.41 | 1.25 | -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 ⓘ | 0.52 | 1.35 | 2.01 | 3.75 | 0.61 | 0.07 | 0.02 | 0.01 | 0.27 | 0 |
| Interest ⓘ | 1.39 | 2.04 | 2.38 | 2.58 | 2.90 | 0.96 | 7.85 | 4.69 | 5.20 | 2.30 |
| Depreciation ⓘ | 0.52 | 0.89 | 0.59 | 0.69 | 0.66 | 0.65 | 0.64 | 0.60 | 0.53 | 0.53 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -1.07 | 0.07 | 0.45 | 1.73 | -12.13 | -29.28 | -8.82 | -5.48 | -6.10 | -3.45 |
| Tax ⓘ | 0.01 | -0.14 | 0.22 | 0.47 | 0.09 | -0.19 | -0.03 | 0.02 | -0.16 | -0.11 |
| Profit After Tax | -1.08 | 0.21 | 0.23 | 1.26 | -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 (₹) | -1.5 | 0.3 | 0.3 | 1.8 | -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% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 11.78 | 12 | 12.23 | 12.57 | 0.36 | -28.72 | -37.51 | -43.01 | -48.95 | -52.29 |
| Share Capital ⓘ | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 |
| Reserves ⓘ | 4.70 | 4.92 | 5.15 | 5.49 | -6.72 | -35.80 | -44.59 | -50.09 | -56.03 | -59.37 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 19.77 | 19.50 | 21.57 | 42.57 | 39.59 | 37.18 | 37.36 | 37.54 | 37.47 | 32.97 |
| Long Term Debt | 8.10 | 7 | 6.58 | 3.74 | 2.63 | 2.30 | 2.83 | 3.40 | 3.87 | 0 |
| Short Term Debt | 11.67 | 12.51 | 14.99 | 38.83 | 36.96 | 34.88 | 34.52 | 34.14 | 33.59 | 32.97 |
| Trade Payables | 19.92 | 38.68 | 46.56 | 32.05 | 8.91 | 5.40 | 5.37 | 5.53 | 5.45 | 5.28 |
| Others Liabilities ⓘ | 8.81 | 2.86 | 3.08 | 2.35 | 3.03 | 2.07 | 9.19 | 13.21 | 17.49 | 24.80 |
| Total Liabilities ⓘ | 60.28 | 73.04 | 83.44 | 89.54 | 51.89 | 15.92 | 14.41 | 13.25 | 11.45 | 10.76 |
Fixed Assets | ||||||||||
| Gross Block | 14.03 | 13.93 | 20.63 | 20.68 | 20.72 | 20.72 | 20.72 | 20.72 | 20.62 | 20.62 |
| Accumulated Depreciation | 6.55 | 7.42 | 7.75 | 8.44 | 9.06 | 9.71 | 10.35 | 10.94 | 11.47 | 12 |
| Net Fixed Assetsⓘ | 7.48 | 6.52 | 12.88 | 12.24 | 11.65 | 11.01 | 10.37 | 9.77 | 9.15 | 8.62 |
| CWIP ⓘ | 3.25 | 5.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0.93 | 0.93 | 0.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 7.19 | 9.38 | 10.54 | 19.88 | 16.31 | 0.66 | 0.64 | 0.64 | 0.32 | 0.16 |
| Trade Receivables | 33.86 | 40.34 | 49.83 | 51.03 | 19.64 | 3.56 | 2.03 | 1.62 | 0.92 | 0.92 |
| Cash Equivalents | 2.63 | 3.52 | 3.58 | 3.05 | 3.18 | 0.28 | 0.18 | 0.08 | 0.03 | 0.04 |
| Others Assetsⓘ | 4.93 | 6.71 | 5.66 | 3.35 | 1.10 | 0.42 | 1.18 | 1.15 | 1.03 | 1.03 |
| Total Assets ⓘ | 60.28 | 73.04 | 83.44 | 89.54 | 51.89 | 15.92 | 14.41 | 13.25 | 11.45 | 10.76 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0.37 | 3.49 | 0.31 | 1.61 | 2.92 | -1.91 | 7.19 | 4.01 | 4.58 | 5.76 |
| PBT ⓘ | -1.07 | 0.07 | 0.45 | 1.73 | -12.13 | -29.28 | -8.82 | -5.48 | -6.10 | -3.45 |
| Adjustment ⓘ | 1.32 | 1.76 | 1.79 | 1.97 | 9.27 | 13.58 | 15.68 | 9.29 | 10.24 | 7.34 |
| Changes in Working Capital ⓘ | 0.07 | 2.61 | -1.65 | -1.95 | 6.26 | 13.92 | 0.25 | 0.18 | 0.45 | 1.87 |
| Tax Paid ⓘ | -0.18 | -0.10 | -0.08 | -0.02 | -0.27 | -0.13 | 0.09 | 0.02 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -1.67 | -1.87 | -0.72 | 0.39 | 0.19 | 0.07 | 0.02 | 0.01 | 0.10 | 0 |
| Capex | -1.89 | -2.31 | -1.31 | -0.05 | -0.07 | 0 | 0 | 0 | 0.09 | 0 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.22 | 0.44 | 0.59 | 0.44 | 0.26 | 0.07 | 0.02 | 0.01 | 0 | 0 |
| 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 ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -1.02 | -1.32 | -1.79 | -1.72 | -2.08 | -0.74 | -7.85 | -4.68 | -5.20 | -2.30 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 5.20 | 0.50 | -0.79 | -0.80 | -0.90 | -0.33 | 0.53 | 0.56 | 0.48 | -3.46 |
| Net Cash Flow ⓘ | 2.88 | 0.80 | -2.99 | -0.51 | 0.13 | -2.90 | -0.10 | -0.10 | -0.04 | 0.01 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -8.8 | 1.81 | 1.91 | 10.16 | -189.08 | N/A | N/A | N/A | N/A | N/A |
| ROCE (%) | 1.04 | 6.71 | 8.68 | 9.7 | -19.41 | N/A | N/A | N/A | N/A | N/A |
| Asset Turnover Ratio | 1.14 | 1.64 | 1.55 | 1.52 | 1.22 | 0.02 | 0 | 0 | 0 | 0 |
| PAT to CFO Conversion(x) | N/A | 16.62 | 1.35 | 1.28 | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 183 | 124 | 136 | 140 | 150 | 7,948 | 0 | 0 | 0 | 0 |
| Inventory Days | 40 | 28 | 30 | 42 | 77 | 5,813 | 0 | 0 | 0 | 0 |
| Payable Days | 111 | 104 | 135 | 115 | 92 | 186 | 0 | 0 | 6,217 | 0 |
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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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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