SPECTRUM
Spectrum Electrical Industries Limited
Each stock's 10,000-path forecast, rendered as light.
Spectrum Electrical Industries Limited (SPECTRUM) Stock Analysis & Case Study
Is SPECTRUM a good buy? The data-driven verdict.
Spectrum Electrical Industries Limited (SPECTRUM) trades at ₹2,441,on the numbers it tread carefully, a Downstox Snapshot Score of 43/100.
On the numbers, Spectrum Electrical Industries Limited (SPECTRUM) tread carefully, a Downstox Snapshot Score of 43/100, weighing expensive at 86.3× earnings, ROE of 20.4%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
SPECTRUM fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How SPECTRUM ranks against the 2,373 companies in our screener
- SPECTRUM's market cap of 3,835 Cr ranks in the 61st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SPECTRUM's book value of ₹156 ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SPECTRUM's promoter holding of 72.7% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SPECTRUM's 3-year profit (PAT) growth of 74.0% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SPECTRUM's 3-year revenue growth of 28.0% ranks in the 83rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SPECTRUM's debt-to-equity ratio of 1.02x is lower than 14% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is SPECTRUM overvalued? SPECTRUM P/E vs peers
SPECTRUM trades at 86.3× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
SPECTRUM share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.6y of SPECTRUM history (48%/yr drift, 52%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| SPECTRUM 2027 | ₹1,325 | ₹2,585 | ₹5,041 | +6% |
| SPECTRUM 2028 | ₹1,071 | ₹2,737 | ₹6,994 | +12% |
| SPECTRUM 2029 | ₹922 | ₹2,899 | ₹9,111 | +19% |
| SPECTRUM 2030 | ₹802 | ₹3,070 | ₹11,747 | +26% |
| SPECTRUM 2031 | ₹731 | ₹3,251 | ₹14,454 | +33% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability SPECTRUM goes up, or doubles?
The bull case for SPECTRUM
- SPECTRUM's return on equity of 20.4% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹9,111.
The bear case & risks
- SPECTRUM's P/E of 86.3x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 15.7× price-to-book means most of the value is intangible/expectations, not assets on the books.
- High historical volatility (52%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹922.
SPECTRUM volatility & expected range, how bumpy is the ride?
Over the last 7.6 years SPECTRUM compounded at 48%/year with annualized volatility of 52%. That volatility implies a 1-year 80% range of ₹1,325-₹5,041, the honest backbone behind any single price target.
SPECTRUM price forecast, the full 60-month probability fan
SPECTRUM price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds SPECTRUM hits common targets within the simulated horizon?
Full multi-horizon detail on the SPECTRUM price target & forecast page.
SPECTRUM Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SPECTRUM scores 4/8, mixed financial health.
SPECTRUM MTF margin & leverage across 7 brokers
Margin Trading Facility lets you buy SPECTRUM with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Zerodha | 50.00% | 2.0× |
| GrowwCHEAPEST | 38.02% | 2.6× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm Money | 100.00% | 1.0× |
| Pocketful | 50.00% | 2.0× |
| Anand Rathi | 100.00% | 1.0× |
| Share IndiaCHEAPEST | 38.02% | 2.6× |
Compare every broker on the SPECTRUM MTF page.
About Spectrum Electrical Industries Limited: sector, index & market-cap context
Spectrum Electrical Industries Limited (SPECTRUM) is a small-cap NSE-listed company, with a market capitalisation of ₹3,835 Cr. See more stocks on our screener.
How the SPECTRUM Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Spectrum Electrical Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
SPECTRUM analysis, FAQs
Is Spectrum Electrical Industries Limited (SPECTRUM) a good buy?
On the numbers, Spectrum Electrical Industries Limited (SPECTRUM) tread carefully, a Downstox Snapshot Score of 43/100, weighing expensive at 86.3× earnings, ROE of 20.4%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is SPECTRUM overvalued or undervalued?
SPECTRUM trades at 86.3× earnings, expensive versus the ~22× long-run Nifty average.
What is the SPECTRUM share price target for 2031?
SPECTRUM's probability-weighted 2031 median target is ₹3,251, with an 80% range of ₹731-₹14,454 (10,000-path Monte-Carlo).
What is the probability SPECTRUM doubles in 5 years?
The modelled probability of SPECTRUM reaching ₹4,881 (2×) within 5 years is 37%.
What is the bull case for SPECTRUM?
SPECTRUM's return on equity of 20.4% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in SPECTRUM?
SPECTRUM's P/E of 86.3x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 15.7× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (52%/yr) means a wide, bumpy range of outcomes, size positions accordingly.