SPELS.NS
SinkerSPEL Semiconductor Limited · Technology · India · $71M cap · $3K/day traded
INR 82.88 -5.0% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for SPEL Semiconductor Limited (SPELS.NS) is 1/100, ranked against 25,000+ stocks in 38 markets (Quality 19, Value 15, Momentum 25, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT SPEL SEMICONDUCTOR LIMITED
Read
SPEL Semiconductor Limited provides contract manufacturing services for semiconductor companies in India.
FINANCIAL SUMMARY (INR)
| Year | 2023 | 2024 | 2025 | 2026 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 111.6M | 120.0M | 78.6M | 62.8M | -17.5% | 44.3M |
| EPS (INR) | -0.67 | -3.64 | -4.56 | -5.17 | — | -4.25 |
| Shares | 46.1M | 46.1M | 46.1M | 46.1M | 0.0% | 46.1M |
| Debt | 253.1M | 279.0M | 310.0M | 208.7M | -6.2% | 209.0M |
| Equity | 495.3M | 330.7M | 129.1M | 30.4M | -60.5% | — |
| Op CF | -32.3M | -88.3M | -16.7M | 129.4M | — | 128.0M |
| Inv CF | 116.1M | 88.1M | 14.5M | 22.4M | — | — |
| Fin CF | -83.9M | 0.2M | 2.2M | -151.9M | — | — |
Not enough steady price history for a read yet.
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet (this stock): Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of SPELS.NS are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| SPELS.NS | SPEL Semiconductor Limited(you) | $71M | 1 |
| RIR.NS | Rir Power Electronics Limited | $122M | 9 |
| ORIENTTECH.NS | Orient Technologies Limited | $100M | 8 |
| QUICKHEAL.NS | Quick Heal Technologies Limited | $79M | 15 |
| URJA.NS | Urja Global Limited | $52M | 11 |
| TVSELECT.NS | TVS Electronics Limited | $73M | 17 |
| MICEL.NS | MIC Electronics Limited | $117M | 21 |
| INNOVANA.NS | Innovana Thinklabs Limited | $60M | 30 |
| VOEPL.NS | Virtuoso Optoelectronics Limited | $183M | 14 |
| SOLEX.NS | Solex Energy Limited | $61M | 31 |
Peer medians: ROE 15.3% · P/E 26.5x · Gross margin 35.1%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.