Integrated Filing — IndAS



General information about company
Scrip Code 544386
NSE Symbol SPECTRUM
MSEI Symbol NOTLISTED
ISIN INE01EO01010
Name of company Spectrum Electrical Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing
Start date and time of board meeting 30-May-2025   16:00:00
End date and time of board meeting 30-May-2025   22:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1685446000 4022371000
Other income 5317000 45981000
Total income 1690763000 4068352000
2 Expenses
(a) Cost of materials consumed 1035223000 2813804000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 193723000 -44421000
(d) Employee benefit expense 66200000 213312000
(e) Finance costs 38003000 130878000
(f) Depreciation, depletion and amortisation expense 22689000 94650000
(f) Other Expenses
1 Other Expenses 135710000 501461000
Total other expenses 135710000 501461000
Total expenses 1491548000 3709684000
3 Total profit before exceptional items and tax 199215000 358668000
4 Exceptional items 0 0
5 Total profit before tax 199215000 358668000
6 Tax expense
7 Current tax 58012000 85743000
8 Deferred tax 4675000 18701000
9 Total tax expenses 62687000 104444000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 136528000 254224000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 136528000 254224000
17 Other comprehensive income net of taxes -287000 -1147000
18 Total Comprehensive Income for the period 136241000 253077000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 135811000 256092000
Total profit or loss, attributable to non-controlling interests 717000 -1868000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 135811000 256092000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 717000 -1868000
21 Details of equity share capital
Paid-up equity share capital 156066000 156066000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 1751597000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 8.7 16.41
Diluted earnings (loss) per share from continuing operations 8.64 16.3
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 8.7 16.41
Diluted earnings (loss) per share from continuing and discontinued operations 8.64 16.3
24 Debt equity ratio 0.008 0.0088
25 Debt service coverage ratio 0.0297 0.0297
26 Interest service coverage ratio 0.0374 0.0374
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1.tThe above financial results were audited by the Statutory Auditors, reviewed by the Audit Committee, and approved by the Board of Directors at their meeting held on 30/05/2025. n n2.tThe Auditors have given their Report on the financial results/financial statements for the Quarter/Year ended on March 31, 2025, which was also reviewed by the Audit Committee and the Board of Directors on 30/05/2025. The Auditors’ Report is unmodified and there are no comments or remarks which need to be described in the prescribed form. The Company has also provided declaration to that effect to the Stock Exchange. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1128883000
Capital work-in-progress 378931000
Investment property
Goodwill 9268000
Other intangible assets 242384000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 14799000
Trade receivables, non-current
Loans, non-current 314336000
Other non-current financial assets 198241000
Total non-current financial assets 527376000
Deferred tax assets (net)
Other non-current assets 297000
Total non-current assets 2287139000
2 Current assets
Inventories 763975000
Current financial asset
Current investments 0
Trade receivables, current 1244632000
Cash and cash equivalents 45021000
Bank balance other than cash and cash equivalents 0
Loans, current 29999000
Other current financial assets 79186000
Total current financial assets 1398838000
Current tax assets (net)
Other current assets
Total current assets 2162813000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4449952000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 156066000
Other equity 1749581000
Total equity attributable to owners of parent 1905647000
Non controlling interest 2016000
Total equity 1907663000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 669866000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 179514000
Total non-current financial liabilities 849380000
Provisions, non-current 2447000
Deferred tax liabilities (net) 69871000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 921698000
Current liabilities
Current financial liabilities
Borrowings, current 1013784000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 330423000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 46177000
Total Trade payable 376600000
Other current financial liabilities 90977000
Total current financial liabilities 1481361000
Other current liabilities 78235000
Provisions, current 16671000
Current tax liabilities (Net) 44324000
Deferred government grants, Current
Total current liabilities 1620591000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2542289000
Total equity and liabilites 4449952000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 287000 1147000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -287000 -1147000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 358668000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -118577000
Adjustments for decrease (increase) in trade receivables, current -429112000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -77901000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 43259000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 2363000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 9307000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 94650000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -4953000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 43587000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 29377000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -466754000
Net cash flows from (used in) operations -108086000
Dividends received 0
Interest paid 128461000
Interest received 0
Income taxes paid (refund) 109790000
Other inflows (outflows) of cash 83229000
Net cash flows from (used in) operating activities -263108000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 611902000
Proceeds from sales of investment property 0
Purchase of investment property -53028000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 29014000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 2230000
Net cash flows from (used in) investing activities -527630000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 2789000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 848842000
Repayments of borrowings 0
Payments of lease liabilities 27648000
Dividends paid 0
Interest paid 106299000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 717684000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -73054000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -73054000
Cash and cash equivalents cash flow statement at beginning of period 118075000
Cash and cash equivalents cash flow statement at end of period 45021000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 SHARP AARTH & CO LLP Yes 31-Jan-2028