Spel Semiconductor share price today

Spel Semiconductor Ltd's share price was ₹96.66 at the close on 2 November 2026. It has been falling for 7 weeks. That is 35.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹97 and ₹179, and at that close it was at the low of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Spel Semiconductor Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 13 weeks running.

Over the last 11 years the share price moved +603% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: lowest operating margin in 16 quarters.

1. Lowest operating margin in 16 quarters

   Operating margin was -1050% in the June 2026 quarter, against -28.5% a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Spel Semiconductor reported revenue of ₹0.08 crore, down 95.9% from ₹1.93 crore a year earlier, and a loss of ₹1.34 crore.

Spel Semiconductor results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Spel Semiconductor closed at ₹96.66 on 2 November 2026, down 50.8% from ₹196.30 a year earlier (31 October 2025) and up 297.0% over five years. Its highest weekly close since March 2016 was ₹247.90 on 5 July 2024.

Spel Semiconductor share price: then and now

Weekly closing prices. Each change is the move from that price to the 2 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

542 weekly closes from 11 March 2016 to 2 November 2026.

2 Nov 2026: Spel Semiconductor closed at ₹96.66, down 5.2% on the week and down 18.7% on the month. Results for April to June 2026: Revenue down 95.9% on a year earlier.

Spel Semiconductor has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Spel Semiconductor Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 6 November 2026.

Spel Semiconductor is not on any of our India lists this week.

Spel Semiconductor Ltd posted a net loss of ₹1.3 Cr in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY26 year was a loss of ₹24.0 Cr. That loss is 1,675.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier lost ₹5.6 Cr. 11 of the last 12 reported quarters were loss-making.

Read this profit with care: at −₹1.3 Cr it is bigger than the quarter's whole revenue of ₹0.1 Cr. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −1,050.0% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings.

Spel Semiconductor Ltd reported ₹0.1 Cr of revenue in the Jun 2026 quarter, −95.9% on the same quarter a year earlier. Over 10 years it has grown −13.6% a year on average. The last full year, FY26, came in at ₹6.0 Cr. The last four reported quarters add to ₹4.4 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹6.0 Cr, −25.0% on the year before.

Recent pace: the last four quarters grew −40.9% on average, against −13.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −42.3%, against −29.9% a year over the last 8 quarters (rolling over).

Spel Semiconductor Ltd's operating margin was −1,050.0% in the Jun 2026 quarter, 1,021.5 percentage points lower than the same quarter a year ago. Across 13 years it has been between −68.0% and 35.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1,021.5 percentage points on the year while gross margin changed −239.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Spel Semiconductor Ltd's cash-flow history is too short to judge how much of its profit turns into cash. In FY26 it brought in ₹13.0 Cr of operating cash against −₹24.0 Cr of profit. After ₹3.0 Cr of spending on assets, ₹10.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Spel Semiconductor Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹6.0 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹2.0 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 11.1% of FY26 revenue a year.

Spending on assets: ₹2.0 Cr over the last 3 years, against ₹6.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.

Spel Semiconductor Ltd's P/E is 434.1×, near the high end of its own history: higher than 81% of past readings. Its usual P/E (the middle reading) is 266.1×, over 3.9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Spel Semiconductor Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Spel Semiconductor Ltd earned a ROCE of 0% in FY26. That is up from a low of −20% in FY16. Its return on capital used (ROIC) is left out: on sales this small it reads −12%, a number that says nothing useful about the business. It comes from a −400.0% net margin and 0.05× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a −400.0% net margin × 0.05× asset turnover × 38.33× leverage (assets divided by equity) ≈ −766.6% on equity. The margin does its share; borrowing is a big part of it.

Spel Semiconductor Ltd has total debt of ₹21.0 Cr against shareholder equity of ₹3.0 Cr as of Jun 2026, so its debt is 7.00× its equity. Year by year, that ratio went from 0.42 in FY21 to 7.00 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.