Spectrum Electrical Industries Ltd
Spectrum Electrical Q2 FY27 Standalone Profit up 132.77% to Rs. 1,845.91 Lakhs
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 07 Nov 2026, 02:35 PM IST · BSE ID: aab518e9-5297-46d6-bd50-ac37014728e8
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported significantly higher profits and revenue for the recent quarter, with no issues found in past fundraising.
🤖 AI Summary
- Standalone Profit for Q2 FY27 increased to Rs. 1,845.91 Lakhs for the quarter ended September 30, 2026.
- Revenue from operations stood at Rs. 19,078.25 Lakhs for the quarter ended September 30, 2026.
- The Board approved Unaudited Standalone and Consolidated Financial Results for Q2 FY27 and half year ended September 30, 2026.
- Monitoring Agency Report confirmed no deviation in utilization of funds from Preferential Issue of Equity Shares and Warrants.
- Appointment of Mr. Narendra Daulatrao Wagh as an Independent Director on the Board of Alric Electric Private Limited was approved.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Standalone Revenue from operations Q2 FY27
Rs. 19,078.25 Lakhs
64.39%
Standalone Profit for Q2 FY27
Rs. 1,845.91 Lakhs
132.77%
Standalone Earnings per share (Basic) Q2 FY27
Rs. 11.65
130.69%
Total Standalone Assets as of Sep 30, 2026
Rs. 1,01,563.83 Lakhs
🏢 How This Affects the Company
The increase in revenue from operations to Rs. 19,078.25 Lakhs for Q2 FY27 indicates growth in the company's core business of electrical, automobile, and irrigation component manufacturing. The approval of an Independent Director to a material subsidiary's board reflects steps towards corporate governance within the group.
Standalone profit for the quarter ended September 30, 2026, increased to Rs. 1,845.91 Lakhs. Total assets as of September 30, 2026, were Rs. 1,01,563.83 Lakhs, up from Rs. 62,257.98 Lakhs as of March 31, 2026, primarily driven by increases in current assets like cash and cash equivalents.
The Monitoring Agency Report confirmed no deviation or variation in the utilization of funds raised through the Preferential Issue, indicating adherence to stated operational funding plans. Cost of raw materials consumed rose to Rs. 14,542.28 Lakhs, reflecting increased operational activity.
The confirmation of no deviation in fund utilization from the preferential issue reduces financial execution risk previously associated with these funds. The appointment of an Independent Director to a material subsidiary strengthens governance oversight.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, with the Q2 FY27 standalone profit increasing to Rs. 1,845.91 Lakhs and earnings per share (basic) rising to Rs. 11.65.
🔍
Management Signal
The approval of strong financial results and the appointment of an Independent Director to a material subsidiary's board indicate management's focus on growth and corporate governance compliance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — assess sustained revenue and profit growth.
Outcome of Alric Electric Private Limited's board meeting regarding director appointment.
Updates on ongoing capital expenditure or working capital management.
LOW RISK
Strong financial results and no reported issues with fund utilization indicate reduced immediate operational and financial risk.
💡 Investor Takeaway
Spectrum Electrical Industries reported a significant increase in standalone profit to Rs. 1,845.91 Lakhs for Q2 FY27, up 132.77% YoY. Revenue from operations also grew by 64.39% to Rs. 19,078.25 Lakhs. The Board confirmed no deviation in preferential issue fund utilization.
⚖️ Strengths & Concerns
✅ Positives
- Standalone profit for Q2 FY27 surged by 132.77% to Rs. 1,845.91 Lakhs compared to Rs. 793.05 Lakhs in Q2 FY26.
- Revenue from operations increased by 64.39% to Rs. 19,078.25 Lakhs in Q2 FY27 from Rs. 11,605.73 Lakhs in Q2 FY26.
⚠️ Concerns
- Total expenses for Q2 FY27 rose to Rs. 16,332.78 Lakhs from Rs. 10,659.46 Lakhs in Q2 FY26, a 53.22% increase.
- Finance costs increased by 122.78% to Rs. 565.30 Lakhs in Q2 FY27 from Rs. 253.75 Lakhs in Q2 FY26.
📅 Company Track Record
Previous filings indicated a Q2 FY27 standalone profit increase of 132.77% to Rs. 1,845.91 Lakhs on 64.39% revenue growth for Spectrum Electrical Industries. The company has shown a consistent trend of revenue and profit growth over recent periods, as evidenced by its financial reports.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Spectrum Electrical Industries' standalone net profit for Q2 FY27?
Spectrum Electrical Industries reported a standalone net profit of Rs. 1,845.91 Lakhs for the quarter ended September 30, 2026 (Q2 FY27). This represents a 132.77% increase from Rs. 793.05 Lakhs in Q2 FY26.
What was Spectrum Electrical Industries' revenue from operations in Q2 FY27?
The company's revenue from operations for Q2 FY27 was Rs. 19,078.25 Lakhs. This is a 64.39% increase compared to Rs. 11,605.73 Lakhs reported in Q2 FY26.
What was the total tax expense for Spectrum Electrical Industries in Q2 FY27?
Total tax expense for Spectrum Electrical Industries in Q2 FY27 was Rs. 1,118.44 Lakhs, compared to Rs. 327.88 Lakhs in Q2 FY26.
Did Spectrum Electrical Industries report any deviation in preferential issue fund utilization for Q2 FY27?
The Monitoring Agency Report issued by CRISIL Ratings Limited confirmed no deviation or variation in the utilization of funds raised through the Preferential Issue of Equity Shares and Warrants for the quarter ended September 30, 2026.
Questions based on this BSE filing only. For information purposes.