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  7. Spel Semiconductor Ltd
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HomeStocksOther Electrical EquipmentSpel Semiconductor Ltd

Spel Semiconductor Ltd Stock Price Today (NSE: SPELS)

Spel Semiconductor Ltd

SPELSOther Electrical Equipment
₹122.90₹6.60 (4.85%)↓
As on 30 Mar 2026, 12:03 pm ISTMarket Closed

Fundamental Score

...

Spel Semiconductor Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Spel Semiconductor Ltd share price today is ₹122.90, down 4.85% on NSE/BSE as of 30 March 2026. Spel Semiconductor Ltd (SPELS) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹824.16 (Cr). The 52-week high for SPELS share price is ₹262.80 and the 52-week low is ₹100.05. The company has a Return on Equity (ROE) of -36.13% and a debt-to-equity ratio of 12.46.

Spel Semiconductor Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-4.85%

Returns & Performance

Poor

ROE

-36.13%
Poor

ROCE

-10.85%
Poor

OPM (5Y)

-19.92%

Div Yield

0.00%

Spel Semiconductor Ltd Valuation Check

P/E Ratio

N/A
Poor

Industry P/E

33.84x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

824.16 (Cr)

Growth Engine

Excellent

Profit Growth (Q)

53.91%
Poor

Sales Growth (Q)

10.07%
Poor

Sales Growth (5Y)

-26.46%

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Poor

Debt to Equity

12.46x
Poor

Int. Coverage

-0.99x

Free Cash Flow (5Y)

-0.64 (Cr)

Shareholding

Excellent

Promoter

59.17%
Poor

FII

0.02%
Poor

DII

0.02%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Spel Semiconductor Share Price Analysis: ROCE Efficiency Under Scrutiny

The Other Electrical Equipment sector is currently experiencing a bifurcation, with some players leveraging technological advancements for robust growth, while others struggle with operational inefficiencies. This analysis delves into the performance of Spel Semiconductor Ltd, focusing specifically on its Return on Capital Employed (ROCE) and its impact on the Spel Semiconductor share price. The current price stands at ₹154.050003, with a reported Price-to-Earnings (PE) ratio of 'None,' suggesting the company is currently not generating profits. A critical factor influencing investor sentiment is the company’s ROCE of -10.85%.

A negative ROCE of -10.85% indicates that Spel Semiconductor Ltd. is destroying value as it is not generating sufficient returns from its invested capital to cover its cost of capital. This directly impacts the company's economic moat, its ability to protect its profitability and market share from competitors. A weak ROCE makes it difficult for Spel to reinvest in innovation, marketing, or other strategic initiatives to build a sustainable competitive advantage. The absence of profits also explains the lack of a PE ratio.

When benchmarking against sector peers, a clearer picture emerges. While a detailed comparison is beyond the scope here, it’s important to consider how Spel Semiconductor Ltd. fares against companies like SUPREME POWER EQUI. One aspect often linked to ROCE efficiency is management quality. If SUPREME POWER EQUI consistently outperforms Spel in ROCE metrics, it could suggest a difference in strategic decision-making, operational execution, or capital allocation. A deeper investigation into the leadership and governance structures of both companies could reveal insights into these disparities.

The ROCE figure is a lagging indicator, reflecting past performance. It is crucial to analyze the underlying drivers contributing to this negative figure. These drivers could include declining revenue, increasing costs, inefficient asset utilization, or a combination of factors. Further investigation into Spel Semiconductor Ltd.'s financial statements and operational data is necessary to understand the root causes and potential for improvement. This analysis is a component of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, and presents observations based on publicly available data.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Spel Semiconductor Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SPELS across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (53.91%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Balanced Promoter Holding (59.17%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

9 factors identified

Below-Average Return on Equity (-36.13%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-10.85%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-19.92%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Limited Growth History (-26.46% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Elevated Debt Levels (D/E: 12.46)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (-0.99x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-0.64 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.04%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Spel Semiconductor Ltd Financial Statements

Comprehensive financial data for Spel Semiconductor Ltd including income statement, balance sheet and cash flow

About SPELS (Spel Semiconductor Ltd)

Spel Semiconductor Ltd is a pioneering force in the realm of advanced semiconductor packaging and testing, operating at the cutting edge of microelectronics technology. Established... as a prominent player in the Indian semiconductor landscape, SPEL delivers comprehensive solutions that bridge the gap between raw silicon wafers and finished, functional integrated circuits. The company possesses state-of-the-art facilities equipped to handle a diverse range of packaging requirements, catering to clients who demand precision, reliability, and speed. SPEL is not merely a manufacturer; it is a collaborative partner, working closely with clients to optimize their packaging designs and ensure seamless integration into their target applications. SPEL's expertise extends beyond mere assembly and encapsulation. The company offers a complete suite of services, encompassing rigorous testing protocols designed to validate the performance and durability of packaged devices. From initial wafer probing to final quality assurance checks, SPEL employs sophisticated equipment and methodologies to identify and eliminate potential defects, ensuring that only the highest quality products reach the market. Moreover, SPEL excels in providing specialized support services, including failure analysis, reliability testing, and customized test program development. This end-to-end approach positions SPEL as a trusted partner for companies seeking a comprehensive and reliable solution for their semiconductor packaging needs. With a strong commitment to innovation and customer satisfaction, SPEL continuously invests in expanding its technological capabilities and streamlining its operational processes. The company remains agile and adaptable to the ever-evolving demands of the semiconductor industry, embracing new packaging technologies and adapting its services to meet the specific requirements of emerging applications. SPEL's dedication to quality and its unwavering focus on customer needs have solidified its position as a leading provider of semiconductor packaging and testing services, contributing to the growth and advancement of the electronics industry.

Company Details

Symbol:SPELS
Industry:Other Electrical Equipment
Sector:Other Electrical Equipment
Website:https://www.natronix.net/spel.htm

Key Leadership

Mr. Palanichamy Balamurugan
Whole-Time Director & Head of Operations
Ms. Nupur Garg
Company Secretary & Compliance Officer
Mr. T. Parthasarathy
Chief Financial officer

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SPELS Share Price: Frequently Asked Questions

What is the current share price of Spel Semiconductor Ltd (SPELS)?

As of 30 Mar 2026, 12:03 pm IST, Spel Semiconductor Ltd share price is ₹122.90. The SPELS stock has a market capitalisation of ₹824.16 (Cr) on NSE/BSE.

Is SPELS share price Overvalued or Undervalued?

SPELS share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 33.84x. Based on this relative valuation, the Spel Semiconductor Ltd stock appears to be Fairly Valued against its sector peers.

What is the 52-week high and low of SPELS share price?

The 52-week high of SPELS share price is ₹262.80 and the 52-week low is ₹100.05. These values are updated daily from NSE/BSE price data.

What factors affect the Spel Semiconductor Ltd share price?

Key factors influencing SPELS share price include quarterly earnings growth (Sales Growth: 10.07%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Spel Semiconductor Ltd a good stock for long-term investment?

Spel Semiconductor Ltd shows a 5-year Profit Growth of N/A% and an ROE of -36.13%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 12.46 before investing in SPELS shares.

How does Spel Semiconductor Ltd compare with its industry peers?

Spel Semiconductor Ltd competes with major peers in the Other Electrical Equipment. Investors should compare SPELS share price P/E of 0.00x and ROE of -36.13% against the industry averages to determine competitive standing.

What is the P/E ratio of SPELS and what does it mean?

SPELS share price has a P/E ratio of N/Ax compared to the industry average of 33.84x. Investors pay ₹N/A for every ₹1 of annual earnings.

How is SPELS performing according to Bull Run's analysis?

SPELS has a Bull Run fundamental score of 16/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does SPELS belong to?

SPELS operates in the Other Electrical Equipment industry. This classification helps understand the competitive landscape and sector-specific trends affecting Spel Semiconductor Ltd share price.

What is Return on Equity (ROE) and why is it important for SPELS?

SPELS has an ROE of -36.13%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Spel Semiconductor Ltd generates profits from shareholders capital.

How is SPELS debt-to-equity ratio and what does it indicate?

SPELS has a debt-to-equity ratio of 12.46, which indicates high leverage that increases financial risk.

What is SPELS dividend yield and is it a good dividend stock?

SPELS offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Spel Semiconductor Ltd shares.

How has SPELS share price grown over the past 5 years?

SPELS has achieved 5-year growth rates of: Sales Growth -26.46%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in SPELS and why does it matter?

Promoters hold 59.17% of SPELS shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Spel Semiconductor Ltd.

What is SPELS market capitalisation category?

SPELS has a market capitalisation of ₹824 crores, placing it in the Small-cap category.

How volatile is SPELS stock?

SPELS has a beta of N/A. A beta > 1 suggests the Spel Semiconductor Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is SPELS operating profit margin trend?

SPELS has a 5-year average Operating Profit Margin (OPM) of -19.92%, indicating the company's operational efficiency.

How is SPELS quarterly performance?

Recent quarterly performance shows Spel Semiconductor Ltd YoY Sales Growth of 10.07% and YoY Profit Growth of 53.91%.

What is the institutional holding pattern in SPELS?

SPELS has FII holding of 0.02% and DII holding of 0.02%. Significant institutional holding often suggests professional confidence in the Spel Semiconductor Ltd stock.

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Frequently Asked Questions about Spel Semiconductor Ltd

What is the current share price of Spel Semiconductor Ltd?

Spel Semiconductor Ltd (SPELS) trades at ₹122.90 on NSE and BSE. Market cap ₹824.16 (Cr). Educational data only.

What is the P/E ratio of Spel Semiconductor Ltd?

Spel Semiconductor Ltd has a P/E of N/Ax vs industry average 33.84x.

What is the Bull Run score for Spel Semiconductor Ltd?

Spel Semiconductor Ltd has a Bull Run score of 16/100 based on 25+ financial parameters.

Does Spel Semiconductor Ltd pay dividends?

Spel Semiconductor Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Spel Semiconductor Ltd?

Spel Semiconductor Ltd has ROE of -36.13%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Spel Semiconductor Ltd?

Spel Semiconductor Ltd has debt-to-equity of 12.46.

Is Spel Semiconductor Ltd a good investment?

Bull Run gives Spel Semiconductor Ltd a score of 16/100. This is not investment advice — consult a SEBI-registered advisor.