Spectrum Electrical Industries Posts 27% Revenue Jump

• Revenue

  • Standalone revenue jumped to ₹ 51,147.16 mn for FY 2026, up ≈27 % YoY from ₹ 40,165.45 mn in FY 2025.
  • Consolidated revenue surged to ₹ 53,129.76 mn, a ≈31 % YoY increase over ₹ 40,683.52 mn in FY 2025.

• Profit After Tax (PAT)

  • Standalone PAT rose sharply to ₹ 4,279.80 mn, a 57 % YoY gain from ₹ 2,427.85 mn.
  • Consolidated PAT climbed to ₹ 4,447.84 mn, up 56 % YoY versus ₹ 2,542.24 mn in FY 2025.

• Operating Margins (Profit before tax ÷ total revenue)

  • Standalone operating margin improved to ≈11 % in FY 2026 from ≈8.8 % in FY 2025.
  • Consolidated operating margin also rose to ≈11 %, up from ≈8.8 % YoY.

• Key Operational Highlights

  • Full deployment of the ₹ 3,654.59 mn raised through the recent issue – all earmarked capital‑expenditure, working‑capital and corporate expense funds have been utilized.
  • Completed a 100 % acquisition of Alric Electric Private Limited for ₹ 111.00 lakhs on 6 Mar 2026, now reflected in the consolidated results.
  • Operating cash flow turned positive: standalone ₹ 7,079.06 mn and consolidated ₹ 9,447.16 mn in FY 2026, reversing previous year’s outflows.
  • Cash & cash equivalents more than doubled to ₹ 1,051.88 mn (consolidated) and ₹ 771.27 mn (standalone).
  • Total assets expanded markedly – standalone to ₹ 62,089.86 mn (+58 %) and consolidated to ₹ 66,778.01 mn (+50 %).
  • Borrowings rose sharply, with non‑current debt reaching ₹ 12,659.29 mn (consolidated) and ₹ 9,771.57 mn (standalone), highlighting higher leverage that warrants monitoring.

No explicit management guidance was provided in the filing.