CRISIL reaffirms Spectrum Electrical Industries at CRISIL C
Spectrum Electrical Industries (NSE: SPECTRUM) said CRISIL has reaffirmed its credit rating at CRISIL C, covering facilities or instruments of about ₹320 crore. The company is valued at about ₹7,542 crore.
What happened
Spectrum Electrical Industries (NSE: SPECTRUM) informed the stock exchanges on 9 November 2026 at 09:29 PM that CRISIL has reaffirmed its credit rating at CRISIL C, covering facilities or instruments of about ₹320 crore.
From the filing: "The details of the ratings assigned by CRISIL Ratings Ltd. are as follows: Total Bank Loan Facilities Rated Rs.320 Crore (Enhanced from Rs.250 Crore) Long Term Rating Crisil A - /Stable Short Term Rating Crisil A2 + The existing credit ratings assigned to the Company have been reaffirmed without…"
Company snapshot
Spectrum Electrical Industries is a small-cap company, with a market value of about ₹7,542 crore.
The stock last traded at ₹4,413.8, against a 52-week range of ₹1,050–₹4,458 (1.0% below the high).
Before this filing the shares had moved +13.1% over the month and +80.8% over three months. Average daily turnover over the last 20 sessions was about ₹6.98 crore.
Promoters held 66.88% at the end of Q2 FY27. Foreign institutions owned 3.50% and domestic institutions 7.99%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 118 | 7.8 | 4.93 |
| Q3 FY26 | 125 | 10.2 | 6.44 |
| Q4 FY26 | 283 | 26.6 | 16.93 |
| Q1 FY27 | 155 | 13 | 8.31 |
| Q2 FY27 | 198 | 18.1 | 11.41 |
What history shows
BCEIE's records show 1 previous credit rating filing from the company since May 2026.
Market-wide, 1,441 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Spectrum Electrical Industries Limited Schedules November 7 Results
- Spectrum Electrical Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026
- Spectrum Electrical Q2 EBITDA margin expands to 18.98% on revenue growth
- Spectrum Electrical Industries Limited (SPECTRUM.NS) Seasonal returns chart - Yahoo Finance
- Spectrum Electrical Share Price Today: 52-Week High, P/E
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.