# Spel Semiconductor share price today (Spel Semiconductor Ltd, NSE: SPELS)

> Spel Semiconductor share price today: ₹96.66 at the NSE close on 2 November 2026, down 50.8% in a year. Spel Semiconductor (NSE: SPELS) is worth ₹444 crore, trades at a P/E of 434.1 and has closed between ₹96.66 and ₹179.30 over the past 52 weeks. > Spel Semiconductor Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SPELS · Electronics - Equipment/Components · data as of 2 November 2026. Page: https://www.sectoralpha.in/stocks/spel-semiconductor-ltd

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## Key numbers

- Price: ₹96.66 (−50.8% in a year)
- P/E: 434.1× (higher than 81% of the last 3.9 years)
- Revenue (Jun 2026): ₹0.1 Cr (−95.9% on a year ago)
- Profit (Jun 2026), incl. one-off: −₹1.3 Cr (one-off item, see below)
- Operating margin: −1,050.0% (−1,021.5 points on a year ago)
- ROCE: 0%, FY26

Biggest thing to watch: the P/E is higher than 81% of its own history, so the multiple has already done part of the work. ## What is the 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. 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. ## What changed at Spel Semiconductor this quarter? 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. ## What are Spel Semiconductor's latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹0.08 crore | ₹1.93 crore | −95.9% |
| Profit | loss of ₹1.34 crore | loss of ₹5.59 crore | n/a |
| Earnings per share | ₹−0.29 | ₹−1.21 | n/a |
| Operating margin | −1,050.0% | −28.5% | −1,021.5 points |

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.)

## What is the Spel Semiconductor share price history? 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

| When | Close | Change to 2 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 26 Oct 2026 | ₹102.00 | −5.2% |
| 1 month ago · 5 Oct 2026 | ₹118.85 | −18.7% |
| 1 year ago · 31 Oct 2025 | ₹196.30 | −50.8% |
| 3 years ago · 3 Nov 2023 | ₹54.63 | +76.9% |
| 5 years ago · 4 Nov 2021 | ₹24.35 | +297.0% |
| 10 years ago · 4 Nov 2016 | ₹16.88 | +472.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹13.75 | +603.0% |
| Highest weekly close since March 2016 · 5 Jul 2024 | ₹247.90 | −61.0% |
| Lowest weekly close since March 2016 · 27 Dec 2019 | ₹3.05 | +3,069.2% |
| 52-week high (weekly close) · 1 Feb 2026 | ₹179.30 | −46.1% |
| 52-week low (weekly close) · 2 Nov 2026 | ₹96.66 | 0.0% |

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.)

## What is the latest news on Spel Semiconductor? 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. ## What dividend does Spel Semiconductor pay? 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 4 November 2026.)

## Which stock lists is Spel Semiconductor on? Spel Semiconductor is not on any of our India lists this week. ## Is Spel Semiconductor profitable? 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. 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. ## How much revenue does Spel Semiconductor make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Spel Semiconductor keep? 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. 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. ## Is Spel Semiconductor's profit turning into cash? 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. 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. ## Where does Spel Semiconductor's cash go? 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. 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. ## What is Spel Semiconductor's P/E ratio, and how does it compare with its own history? 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. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Spel Semiconductor business getting better or worse? 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. 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. ## How much does Spel Semiconductor earn on its capital? 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). 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. ## Does Spel Semiconductor have too much debt? 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. ## What is the Spel Semiconductor shareholding pattern? No group of Spel Semiconductor Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +0.0 points over 8 quarters, to 59.2%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Spel Semiconductor from balance-sheet trouble? For Spel Semiconductor Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Spel Semiconductor rank in its industry? 26.8 out of 100, rank 7 of 7 in Electronics - Equipment/Components, with 49% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Spel Semiconductor Ltd scores 26.8 out of 100 against the 7 companies it is compared with in Electronics - Equipment/Components, ranking 7. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 7 + 2.3 + 10 + 7.5 = 26.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Spel Semiconductor compared with? Spel Semiconductor ranks 7 of 7 Electronics - Equipment/Components companies on the 4-Factor Sector Score, with 26.8 out of 100. 1. [Genus Power Infrastructures Ltd](https://www.sectoralpha.in/stocks/genus-power-infrastructures-ltd) GENUSPOWER · basing · Most evidence points up · 89% evidence 71.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.0/35 · Revenue 74.2% · Profit 63% · Operating margin change -2 points · 88% evidence Capital efficiency 18.8/25 · ROCE 25.3% · Operating margin 19% · 100% evidence Valuation 11.1/20 · P/E 12.8× · PEG 1.78 · 65% evidence Relative strength 13.4/20 · Lead over its industry 0.7% · Lead over NIFTY 500 -3.1% · 1 year -18.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 28 + 18.8 + 11.1 + 13.4 = 71.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Hirect Ltd](https://www.sectoralpha.in/stocks/hirect-ltd) HIRECT · losing its lead · Most evidence points up · 89% evidence 66.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 32% · Profit 39.5% · Operating margin change 0 points · 88% evidence Capital efficiency 18.9/25 · ROCE 23.7% · Operating margin 11% · 100% evidence Valuation 12.2/20 · P/E 57.2× · PEG 1.1 · 65% evidence Relative strength 13.4/20 · Lead over its industry 11.2% · Lead over NIFTY 500 5.6% · 1 year 2.9% · 100% evidence · 9 of 12 weeks ahead Exact sum: 22.3 + 18.9 + 12.2 + 13.4 = 66.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Elpro International Ltd](https://www.sectoralpha.in/stocks/elpro-international-ltd) ELPROINTL · losing its lead · Evidence leans up · 71% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 53.2% · Profit 40.2% · Operating margin change 14 points · 83% evidence Capital efficiency 9.7/25 · ROCE 6.6% · Operating margin 85% · 76% evidence Valuation 10.8/20 · P/E 22.2× · PEG n/a · 15% evidence Relative strength 14.3/20 · Lead over its industry 45.3% · Lead over NIFTY 500 36.8% · 1 year 97.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 26.8 + 9.7 + 10.8 + 14.3 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [RIR Power Electronics Ltd](https://www.sectoralpha.in/stocks/rir-power-electronics-ltd) RIR · quiet · Evidence leans down · 68% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.3/35 · Revenue 13.3% · Profit 6.9% · Operating margin change -3.4 points · 100% evidence Capital efficiency 13.6/25 · ROCE 8% · Operating margin 13.6% · 100% evidence Valuation 8.5/20 · P/E 112× · PEG n/a · 15% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.5% · 1 year -54.2% · 25% evidence · 4 of 6 weeks ahead Exact sum: 13.3 + 13.6 + 8.5 + 8.2 = 43.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [MIC Electronics Ltd](https://www.sectoralpha.in/stocks/mic-electronics-ltd) MICEL · turning · Evidence leans down · 61% evidence 42.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 100% · Profit -80% · Operating margin change -25.7 points · 88% evidence Capital efficiency 9.4/25 · ROCE 8.7% · Operating margin 9.7% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -6.5% · 1 year -33% · 25% evidence · 1 of 12 weeks ahead Exact sum: 13.8 + 9.4 + 10 + 8.8 = 42 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Elin Electronics Ltd](https://www.sectoralpha.in/stocks/elin-electronics-ltd) ELIN · Most evidence points down · 66% evidence 33.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.2/43.75 · Revenue 14.7% · Profit -80% · Operating margin change -4.9 points · 88% evidence Capital efficiency 9.5/31.25 · ROCE 6.6% · Operating margin 1.1% · 100% evidence Valuation 13.0/25 · P/E 25.7× · PEG n/a · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 11.2 + 9.5 + 13 = 33.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 7. Spel Semiconductor Ltd this page SPELS · quiet · Too little evidence to rank firmly · 49% evidence 26.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.0/35 · Revenue -42.3% · Profit 15% · Operating margin change -1021.5 points · 65% evidence Capital efficiency 2.3/25 · ROCE 0.1% · Operating margin n/a · 84% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -26.1% · 1 year -48% · 25% evidence · 0 of 5 weeks ahead Exact sum: 7 + 2.3 + 10 + 7.5 = 26.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Electronics - Equipment/Components](https://www.sectoralpha.in/sectors/electronics-equipment-components), all 7 compared on one page. ## Which companies are close to Spel Semiconductor in size? Spel Semiconductor is the 6th largest of 7 Electronics - Equipment/Components companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Genus Power Infrastructures, Hirect, Elpro International, MIC Electronics and RIR Power Electronics. Just below it: Elin Electronics. ### Electronics - Equipment/Components companies close in size

1. [Genus Power Infrastructures Ltd](https://www.sectoralpha.in/stocks/genus-power-infrastructures-ltd) ₹8,321 crore
2. [Hirect Ltd](https://www.sectoralpha.in/stocks/hirect-ltd) ₹3,382 crore
3. [Elpro International Ltd](https://www.sectoralpha.in/stocks/elpro-international-ltd) ₹2,874 crore
4. [MIC Electronics Ltd](https://www.sectoralpha.in/stocks/mic-electronics-ltd) ₹1,055 crore
5. [RIR Power Electronics Ltd](https://www.sectoralpha.in/stocks/rir-power-electronics-ltd) ₹1,052 crore
6. Spel Semiconductor Ltd ₹469 crore
7. [Elin Electronics Ltd](https://www.sectoralpha.in/stocks/elin-electronics-ltd) ₹440 crore

[All 7 Electronics - Equipment/Components companies, largest first](https://www.sectoralpha.in/sectors/electronics-equipment-components#all-companies)

### Companies close in size in other industries

1. [Mangal Credit & Fincorp Ltd](https://www.sectoralpha.in/stocks/mangal-credit-fincorp-ltd) ₹469 crore · NBFC - Others
2. [Sigma Solve Ltd](https://www.sectoralpha.in/stocks/sigma-solve-ltd) ₹469 crore
3. Spel Semiconductor Ltd ₹469 crore
4. [Orient Ceratech Ltd](https://www.sectoralpha.in/stocks/orient-ceratech-ltd) ₹467 crore · Refractories
5. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) ₹466 crore · IT - Software

## What else do people ask about Spel Semiconductor? ### What is Spel Semiconductor's share price today? Spel Semiconductor Ltd's share price is ₹96.66, −50.8% over the past year. The whole company is worth ₹444 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹97 to ₹179), 35.9% below its 200-day average. The price has been falling for 7 weeks (as of 2 November 2026). ### What were Spel Semiconductor's latest quarterly results? Spel Semiconductor Ltd reported revenue of ₹0.1 Cr and a net loss of ₹1.3 Cr for the Jun 2026 quarter. Earnings per share were −₹0.29. The operating margin was −1,050.0%, 1,021.5 percentage points lower than a year earlier (as of 2 November 2026). ### What is Spel Semiconductor's market cap? Spel Semiconductor Ltd's market capitalisation is ₹444 Cr at a share price of ₹96.66. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 2 November 2026). ### How is Spel Semiconductor performing? Spel Semiconductor Ltd's share price has been falling for 7 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 13 weeks running. This describes what the data did, not a rating (as of 2 November 2026). ### Will Spel Semiconductor's share price go up? This page does not forecast Spel Semiconductor Ltd's share price. What it shows instead: the share price is ₹96.66, and it has been falling for 7 weeks. Its P/E of 434.1× is higher than 81% of its own last 4 years (as of 2 November 2026). ### Who owns Spel Semiconductor? Promoters own 59.2% of Spel Semiconductor Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 40.8% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 2 November 2026). ### Where is Spel Semiconductor in its business cycle? Spel Semiconductor Ltd's FY26 operating margin was −15.0%, against a 13-year range of −68.0% to 35.0%: the middle of its own range, neither a peak nor a low. The latest quarter was −1,050.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 2 November 2026). ### What could break the Spel Semiconductor story? Biggest thing to watch: the P/E is higher than 81% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 2 November 2026). ### Is Spel Semiconductor a stock worth studying right now? What the numbers show: Spel Semiconductor Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 2 November 2026). This is research, not advice. We’re not SEBI-registered.