Is SPEL Semiconductor a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that SPEL Semiconductor Ltd is a below average quality company .

Is SPEL Semiconductor undervalued or overvalued?

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

What is SPEL Semiconductor share price return in the past 10 years?

SPEL Semiconductor Ltd share price has appreciated 29.5% annually (CAGR) over the past ten years.

Is SPEL Semiconductor a good buy now?

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

SPEL Semiconductor Ltd - Stock Valuation and Financial Performance

Name: SPEL Semiconductor
Brand: SPEL Semiconductor

BSE: 517166 | NSE: SPICELEC | Electronics - Components | Small Cap

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SPEL Semiconductor Share Price

₹180.15 -9.45 -4.98%
as on 20-Dec'24 16:59

10 Year X-Ray of SPEL Semiconductor:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	3.7%	-26.2%	-8.2%	-5.8%	-7.7%	2.7%	-7%	-11.1%	-2.4%	-20%	-
Value Creation Index ⓘ	-0.7	-2.9	-1.6	-1.4	-1.6	-0.8	-1.5	-1.8	-1.2	-2.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	47.2	25.9	35.7	41.7	26.3	36.5	15.9	15.7	11.2	12	8
Sales YoY Gr.	-	-45.2%	38%	16.8%	-36.8%	38.7%	-56.4%	-1.7%	-28.7%	7.5%	-
Adj EPS ⓘ	-0.1	-4.1	-5.1	-1.8	-2.3	1.2	-1.5	-1.7	0.7	-2.1	-3.7
YoY Gr.	-	NA	NA	NA	NA	NA	-217.9%	NA	NA	-387.7%	-
BVPS (₹) ⓘ	14.4	10.1	10.5	18.9	16.8	17.1	15.6	13	10.7	7.2	5.4
Adj Net Profit ⓘ	-0.6	-19	-23.6	-8.2	-10.7	5.7	-6.7	-7.9	3.4	-9.7	-17
Cash Flow from Ops. ⓘ	5.8	0	0	0	0	0	0	-2.4	-3.2	-8.8	-
Debt/CF from Ops. ⓘ	4.7	0	0	0	0	0	0	-13.2	-7.8	-3.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-14.1%	-14.6%	-9%	7.5%
Adj EPS ⓘ	NA	NA	NA	-387.7%
BVPSⓘ	-7.5%	-15.7%	-22.9%	-33.2%
Share Price	29.5%	123.9%	76.2%	137.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-0.7	-24.6	-37.5	-11.3	-13.1	7.3	-8.8	-11.9	6.2	-23.5	-59.6
Op. Profit Mgn % ⓘ	26.1	-36.9	-3.6	-6.7	-29.9	16.4	-35.3	-10.8	38.3	-17	-43.4
Net Profit Mgn % ⓘ	-1.3	-73.5	-66	-19.8	-40.8	15.5	-41.9	-50.3	30.2	-80.8	-210.6
Debt to Equity ⓘ	0.4	0.4	0.6	0.3	0.3	0.4	0.4	0.5	0.5	0.8	0.9
Working Cap Days ⓘ	313	620	464	399	582	527	1,353	1,382	1,963	1,447	1,704
Cash Conv. Cycle ⓘ	192	491	211	-10	-127	14	771	1,080	1,713	1,254	-41

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.84

Return on Equity is Poor

Sales growth has been subdued in last 3 years -8.99%

Sales growth is not so good in last 4 quarters at -33.85%

Latest Financials - SPEL Semiconductor Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-3.7	-1.9
TTM Sales (₹ Cr.)	8.2	35.7
BVPS (₹.) ⓘ	5.4	0
Reserves (₹ Cr.) ⓘ	-21	2
P/BV ⓘ	33.45	0.00
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	68.05 / 268.40
All Time Low / High (₹)	1.50 / 268.40
Market Cap (₹ Cr.)	831
Equity (₹ Cr.)	46.1
Face Value (₹)	10
Industry PE ⓘ	217.4

Management X-Ray of SPEL Semiconductor:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of SPEL Semiconductor

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of SPEL Semiconductor

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	47	26	36	42	26	37	16	16	11	12
Operating Expenses ⓘ	35	35	37	44	34	31	22	17	7	15
Manufacturing Costs	8	0	0	0	0	0	0	0	3	4
Material Costs	5	10	13	16	10	9	5	4	-6	5
Employee Cost	16	14	13	14	13	11	7	7	7	4
Other Costs ⓘ	5	11	11	14	12	11	10	7	3	2
Operating Profit ⓘ	12	-10	-1	-3	-8	6	-6	-2	4	-3
Operating Profit Margin (%)	26.1%	-36.9%	-3.5%	-6.7%	-29.9%	16.4%	-35.3%	-10.8%	35.3%	-20.8%
Other Income ⓘ	1	1	2	2	5	2	5	1	7	2
Interest ⓘ	4	3	3	3	3	1	1	1	3	3
Depreciation ⓘ	10	11	7	6	5	5	4	5	4	3
Exceptional Items ⓘ	0	-1	1	1	0	0	-3	-6	-9	-10
Profit Before Tax ⓘ	0	-24	-8	-8	-11	1	-8	-12	-5	-16
Tax ⓘ	0	-4	0	0	0	0	0	0	-1	0
Profit After Tax	0	-20	-9	-8	-11	1	-9	-12	-3	-17
PAT Margin (%)	-0.7%	-76.6%	-24.6%	-20.3%	-40.8%	2.9%	-54.2%	-75.7%	-27.7%	-139.0%
Adjusted EPS (₹)	-0.1	-4.3	-1.9	-1.8	-2.3	0.2	-1.9	-2.6	-0.7	-3.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	87	67	58	87	78	79	72	60	50	33
Share Capital ⓘ	46	46	46	46	46	46	46	46	46	46
Reserves ⓘ	41	21	12	41	31	33	26	14	3	-13
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	20	16	28	25	22	28	30	31	25	27
Long Term Debt	10	0	13	13	14	16	18	26	19	20
Short Term Debt	10	16	15	12	9	11	12	6	5	8
Trade Payables	9	10	13	18	16	18	9	11	6	5
Others Liabilities ⓘ	28	37	24	40	48	58	55	75	83	81
Total Liabilities ⓘ	144	130	123	170	163	182	166	177	164	146
Fixed Assets
Gross Block	192	192	180	126	122	117	113	112	64	62
Accumulated Depreciation	94	104	111	0	0	0	0	0	35	36
Net Fixed Assetsⓘ	98	87	69	126	122	117	113	112	29	26
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	34	34	12	4	4	11	11	12	51	37
Trade Receivables	6	4	15	2	4	32	40	49	2	1
Cash Equivalents	1	1	6	1	0	0	0	0	0	0
Others Assetsⓘ	5	5	20	37	32	22	3	4	82	81
Total Assets ⓘ	144	130	123	170	163	182	166	177	164	146

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	6	-2	-3	-9
PBT ⓘ	0	-12	-3	-17
Adjustment ⓘ	13	9	4	5
Changes in Working Capital ⓘ	-7	0	-4	3
Tax Paid ⓘ	0	0	0	0
Cash Flow From Investing Activity ⓘ	0	1	12	9
Capex	0	0	0	0
Net Investments	0	0	0	0
Others ⓘ	1	1	12	9
Cash Flow From Financing Activityⓘ	-6	1	-8	0
Net Proceeds from Shares ⓘ	0	0	0	0
Net Proceeds from Borrowing ⓘ	-5	0	0	0
Interest Paid ⓘ	-3	0	-2	-3
Dividend Paid ⓘ	0	0	0	0
Others ⓘ	2	1	-6	3
Net Cash Flow ⓘ	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-0.53	-34.92	-18.47	-12.52	-13.05	1.35	-11.43	-17.96	-5.65	-40.66
ROCE (%)	3.72	-26.24	-8.24	-5.77	-7.71	2.69	-6.98	-11.07	-2.36	-20.01
Asset Turnover Ratio	0.33	0.19	0.28	0.28	0.16	0.21	0.09	0.09	0.07	0.08
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	0	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	58	67	99	77	45	182	830	1,038	825	46
Inventory Days	212	479	236	73	60	75	243	262	1,021	1,335
Payable Days	621	332	314	345	637	688	987	981	-510	416

SPEL Semiconductor Ltd Stock News

SPEL Semiconductor Ltd FAQs

What is the share price of SPEL Semiconductor?

Company share prices are keep on changing according to the market conditions. The closing price of SPEL Semiconductor on 20-Dec-2024 16:59 is ₹180.2.

What is the market cap of SPEL Semiconductor?

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 20-Dec-2024 16:59 the market cap of SPEL Semiconductor stood at ₹830.8.

What is the P/E ratio of SPEL Semiconductor?

The latest P/E ratio of SPEL Semiconductor as of 20-Dec-2024 16:59 is 0.00.

What is the P/B ratio of SPEL Semiconductor?

The latest P/B ratio of SPEL Semiconductor as of 20-Dec-2024 16:59 is 33.45.

What is the 52-week high and low of SPEL Semiconductor?

The 52-week high of SPEL Semiconductor is ₹268.4 and the 52-week low is ₹68.05.

What is the TTM revenue of SPEL Semiconductor?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SPEL Semiconductor is ₹8.19 ( Cr.) .

About SPEL Semiconductor Ltd

SPEL Semiconductor established in 1988 is Indiaâ€™s first & only semiconductor IC assembly & test facility. SPEL pioneered the outsourced Semiconductor Assembly & Test Services (OSAT) market in India and continues to steadily do so. SPEL is a trusted & strategic contract manufacturing partner for many of the world's leading Semiconductor companies.

SPEL provides full turnkey solutions that include Wafer sort, Assembly, Test and Drop-shipment services which help Customers accelerate time-to-revenue for their new products. SPEL also offers value added services such as package design, failure analysis and full reliability test, test program development & product characterization.

SPEL initially supplied to the domestic market. SPEL soon acquired the expertise to serve the global market. SPELâ€™s Customers are some of the biggest Integrated Device Manufacturers (IDMs) and Fabless Companies in the United States and Asia. SPEL offers Packaging Technology for Semiconductors used in diverse end-market applications including communications, consumer electronics and computing.

Quality at SPEL is the means to customer satisfaction. This is achieved by thoroughly understanding and satisfying the needs of its customers in every product or service they offer. Quality is built into the design, selection and management of products & services to deliver the required performance at the least possible cost. Quality control at SPEL is a process of maintaining standards and not creating them. Deming's PDCA cycle is the role model followed for all activities relating to quality control and quality improvement.

Having established a track record at home, SPEL turned its attention to the more demanding global market in 1995. It has since been exclusively serving the Silicon Valley and other parts of the world for over 12 years now. SPEL focuses on Lead frame based Packages - both Surface mount & Through hole. As a specialty, SPEL offers onsite & offshore Test Engineering support to Customers. SPEL ensures better interaction & services to Customers through a Sales & Technical support office based at Santa Clara, USA.

Services offered by the company:

It offers turnkey wafer sort, and IC assembly and test services, as well as failure analysis services.
It offers onsite & offshore test engineering support

Achievements/ recognition: