Spectra Industries
Spectra Industries
AutomobilesKey Fundamentals
MicrocapAuto ComponentsAutomobilesTapetide Score
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Key Insights
Weaknesses
1- Company has low interest coverage ratio.
Growth Rate
Quarterly Results
| Particulars | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.11 | 0.05 | 0.04 | 0.05 | 0.04 | 0.48 | 0.05 | 0.34 | 0.07 | 0.16 | 0.03 | 0.11 | 0.18 |
| Operating Profit | -0.11 | -0.05 | -0.04 | -0.05 | -0.04 | -0.48 | -0.05 | -0.34 | -0.07 | -0.16 | -0.03 | -0.11 | -0.18 |
| Other Income | 0 | 0.01 | 0 | 0 | 0 | 0.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0.18 |
| Interest | 0.19 | 4.5 | 0.15 | 0 | 0.3 | 4.45 | 0.15 | 2.41 | 1.28 | -1.54 | 1.13 | 1.13 | 1.13 |
| Depreciation | 0.3 | 0.15 | 0.13 | 0.15 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.1 | 0.1 | 0.1 |
| PBT | -0.6 | -4.69 | -0.32 | -0.2 | -0.47 | -4.79 | -0.33 | -2.88 | -1.48 | 1.25 | -1.26 | -1.34 | -1.23 |
| Tax % | 0% | 0.43% | 0% | 0% | 0% | -3.34% | 0% | 0% | 0% | -8.8% | 0% | 0% | 0% |
| Net Profit | -0.6 | -4.71 | -0.32 | -0.2 | -0.47 | -4.63 | -0.34 | -2.88 | -1.48 | 1.36 | -1.26 | -1.34 | -1.23 |
| EPS in Rs | -0.85 | -6.65 | -0.45 | -0.28 | -0.66 | -6.54 | -0.48 | -4.07 | -2.09 | 1.92 | -1.78 | -1.89 | -1.74 |
Profit & Loss
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54.8 | 76.95 | 68.97 | 109 | 121 | 132 | 85.99 | 0.53 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 53.12 | 74.66 | 68.65 | 108 | 120 | 130 | 95.18 | 28.27 | 0.36 | 0.21 | 0.64 | 0.62 | 0.48 |
| Operating Profit | 1.68 | 2.29 | 0.32 | 1.65 | 1.41 | 1.26 | -9.19 | -27.74 | -0.36 | -0.21 | -0.64 | -0.62 | -0.48 |
| OPM % | 3.07% | 2.98% | 0.46% | 1.51% | 1.16% | 0.96% | -10.69% | -5233.96% | — | — | — | — | — |
| Other Income | 0.12 | 0.27 | 0.52 | 1.35 | 2.01 | 3.75 | 0.61 | 0.07 | 0.02 | 0.01 | 0.27 | 0 | 0.18 |
| Interest | 0.84 | 1.24 | 1.39 | 2.04 | 2.38 | 2.58 | 2.9 | 0.96 | 7.85 | 4.69 | 5.2 | 2.3 | 1.85 |
| Depreciation | 0.59 | 0.61 | 0.52 | 0.89 | 0.59 | 0.69 | 0.66 | 0.65 | 0.64 | 0.6 | 0.53 | 0.53 | 0.43 |
| PBT | 0.37 | 0.71 | -1.07 | 0.07 | 0.45 | 1.74 | -12.14 | -29.28 | -8.83 | -5.49 | -6.1 | -3.45 | -2.58 |
| Tax % | 29.73% | 36.62% | 0.93% | -200% | 48.89% | 27.01% | 0.74% | -0.68% | -0.34% | 0.36% | -2.62% | -3.19% | — |
| Net Profit | 0.26 | 0.46 | -1.08 | 0.21 | 0.23 | 1.26 | -12.22 | -29.08 | -8.79 | -5.5 | -5.94 | -3.34 | -2.47 |
| EPS in Rs | 0.37 | 0.65 | -1.53 | 0.3 | 0.32 | 1.78 | -17.26 | -41.08 | -12.42 | -7.77 | -8.39 | -4.72 | -3.49 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 | 7.08 |
| Reserves | 5.33 | 5.79 | 4.7 | 4.92 | 5.15 | 5.49 | -6.72 | -35.8 | -44.59 | -50.09 | -56.03 | -59.37 | -61.97 |
| Borrowings | 10.82 | 16.69 | 19.77 | 19.5 | 21.58 | 42.57 | 39.59 | 37.18 | 44.57 | 48.78 | 53.22 | 53.65 | 56.08 |
| Other Liabilities | 33.85 | 30.82 | 28.73 | 41.54 | 49.63 | 34.13 | 11.4 | 7.36 | 7.33 | 7.49 | 7.18 | 9.4 | 6.54 |
| Total Liabilities | 57.08 | 60.38 | 60.28 | 73.04 | 83.44 | 89.27 | 51.35 | 15.82 | 14.39 | 13.26 | 11.45 | 10.76 | 7.73 |
| Fixed Assets | 8.03 | 7.55 | 7.48 | 6.52 | 12.88 | 12.24 | 11.65 | 11.01 | 10.37 | 9.77 | 9.15 | 8.62 | 5.73 |
| CWIP | 0.23 | 1.81 | 3.25 | 5.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 47.89 | 50.09 | 48.62 | 59.95 | 69.63 | 77.03 | 39.7 | 4.81 | 4.02 | 3.49 | 2.3 | 2.14 | 2 |
| Total Assets | 57.08 | 60.38 | 60.28 | 73.04 | 83.44 | 89.27 | 51.35 | 15.82 | 14.39 | 13.26 | 11.45 | 10.76 | 7.73 |
Cash Flow
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.58 | -4.33 | 0.36 | 3.49 | 0.31 | 1.61 | 2.92 | -1.91 | 7.19 | 4.01 | 4.58 | 5.76 |
| Investing | -0.77 | -1.57 | -1.67 | -1.87 | -0.72 | 0.39 | 0.19 | 0.07 | 0.02 | 0.01 | 0.1 | 0 |
| Financing | -0.63 | -0.31 | 4.19 | -0.82 | -2.58 | -2.51 | -2.98 | -1.07 | -7.31 | -4.12 | -4.72 | -5.76 |
| Net Cash Flow | -1.98 | -6.21 | 2.88 | 0.8 | -2.99 | -0.51 | 0.13 | -2.9 | -0.1 | -0.1 | -0.04 | 0.01 |
| Free Cash Flow | -1.36 | -6.05 | -1.53 | 1.17 | -1 | 1.56 | 2.85 | -1.91 | 7.19 | 4.01 | 4.67 | 5.76 |
| CFO/OP | -19 | -187 | 166 | 269 | 41 | 139 | -37 | 6 | -1,972 | -1,900 | -716 | -929 |
Ratios
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 231 | 168 | 179 | 135 | 150 | 142 | 83.37 | 2,452 | — | — | — | — |
| Inventory Days | 43.34 | 38.99 | 40.09 | 33.27 | 33.36 | 58.01 | 72.9 | 17.15 | 23,360 | — | 365 | 365 |
| Days Payable | 215 | 99.65 | 111 | 137 | 147 | 93.53 | 39.83 | 140 | 1,96,005 | — | 6,216 | 12,045 |
| Cash Conversion Cycle | 59.56 | 107 | 108 | 30.95 | 35.75 | 106 | 116 | 2,329 | — | — | — | — |
| Working Capital Days | 7.46 | 17.36 | 20.8 | -7.32 | -7 | 0.08 | -45.55 | -25,178 | — | — | — | — |
| ROCE % | 5.53% | 7.39% | 1.05% | 6.69% | 8.67% | 9.71% | -19.43% | -117% | -12.63% | -12.47% | -23.11% | -40.85% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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57 extracted metrics + investor summaries across FY08–FY26.
Documents
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Company Information
Spectra Industries Ltd is a legacy automobile-components, commercial-vehicle dealership and trading company whose business operations are currently closed. The company reported nil operating revenue in FY21–FY24. It has been under Corporate Insolvency Resolution Process since June 2023, with the Committee of Creditors subsequently approving liquidation in September 2025.[1]
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