What we do Spectrum Electrical Industries Ltd designs and manufactures electrical components used across automotive, irrigation, and allied industries, including new electric vehicle chargers. |
Founded in 2,008 |
Market share A growing player with certifications ISO 9001:2015, 14001:2015 and 45001:2018, recently listed on NSE/BSE main boards. |
Problem solved Provides high-quality, multi-technology electrical components addressing industry needs for fabrication, coating, moulding, and assemblies. |
Top clients or who we serve B2B customers in automotive, irrigation, and electrical sectors leveraging fabrication and surface coating capabilities. |
Key management Deepak Suresh Chaudhari, Chairman and Managing Director, Founder with entrepreneurial background since 1995. |
Our journey and innovations Started as electroplating firm in 1995; expanded into fabrication, moulding, integrated businesses by 2017; launched EV chargers in 2025. |
Where we operate Manufacturing facilities in Maharashtra (Jalgaon, Nashik, Pune), operations expanding to Bangalore. |
Top products or what we offer Electrical components, sheet metal fabrication, electroplated parts, injection moulded components, and EV chargers. |
Top brands - |
Raw materials needed Sheet metals, plastics, electroplating materials like zinc, nickel, copper, silver. |
Raw materials supplier Suppliers not specified; partners include Anchor Electricals Pvt. Ltd. and ABB Limited. |
Recurring vs cyclical contribution Primarily recurring revenue from manufacturing and coating services with growing new product lines. |
Our industry position Increasing market presence with ISO certifications and listing on major stock exchanges; diversified product portfolio. |
Financial highlights Consolidated FY 2024-25 revenue Rs.402 crores; profit after tax Rs.25.4 crores; 22-26% growth YoY. |
Geographical revenue split - |
Order book - |
Whats driving growth New product launches like EV chargers, capacity expansions, and integration of group entities driving steady growth. |
Our future plans Expanding manufacturing capabilities, focusing on EV technology, and strengthening subsidiaries. |
Our green promise - |
Our people and values Focus on employee growth, safe working environment, and strong internal controls. |
Key challenges ahead Scaling production, competition in electrical components sector, and sustaining innovation. |
Interesting facts Successfully migrated from SME to main stock exchange boards in 2025; integrates diverse manufacturing processes. |
Risks and strategy Risk management committee in place; strategy focused on diversification and operational efficiency. |
