SPECTSTM

Spectrum Talent Management Limited

Listed company · ISIN INE0OL001018 · NSE SM · FV ₹10
Last price
₹60
-2.60%today
What this company does

Spectrum Talent Management Limited is a listed company. It booked ₹742 cr of revenue in its latest half year (H2 FY26) and kept 1.1% of sales as profit.

66out of 100
Equitytale Health Score
Solid

Healthier than 66% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns35

How much profit it earns on the money it employs

Balance sheet56

How much it owes, and whether earnings cover the interest

Cash quality92

Whether reported profit actually arrives as cash

Valuation83

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 75%
✓ No promoter shares pledged
Watch-outs
! Thin 1.1% net margin

What if I invest in SPECTSTM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹60▼ -2.60%
latest close · 2026-10-01
52-wk low ₹5442 sessions so far52-wk high ₹71
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.1Low
LowAverageHigh
P/B ratio0.97Below book
Below bookModerateHigh
EV / EBITDA6.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.9%Fair
WeakFairStrong ▸15%
Return on capital9.6%Fair
WeakFairStrong
Net margin1.1%Thin
ThinDecentStrong
EBITDA margin1.2%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.21Comfortable
LowModerateHigh ▸1
Interest cover4.6×Okay
RiskyOkayStrong ▸5×
Current ratio2.37Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹138 cr
Book value
₹62
EPS
₹3.68
latest half year
Net debt
₹-23 cr
more cash than debt
Enterprise value
₹116 cr
EBITDA
₹18 cr
annualised
EBIT
₹18 cr
annualised
Operating margin
1.2%
Return on assets
6.0%
Earnings yield
12.29%
P/S
0.09
Sales / share
₹644.0
Tax rate
-21.8%
Face value
₹231
Shares
2.3 cr
Working capital
₹128 cr
Current assets
₹222 cr
Current liabilities
₹94 cr
Delivery %
94.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 8% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹129–₹129, midpoint ₹129

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹742 cr
Other Income₹2 cr
Total Income₹744 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹327 cr
Inventory Change (±)₹-5 cr
Employee Benefit Expense₹392 cr
Finance Costs₹2 cr
Other Expenses₹20 cr
Total Expenses₹737 cr
Profit before Tax₹7 cr
Tax Expense₹-2 cr
Net Profit₹8 cr
Net margin on total income1.1%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹322 cr43.2%
Employee benefit expense₹392 cr52.6%
Finance costs₹2 cr0.3%
Other expenses₹21 cr2.8%
Profit for the period₹8 cr1.1%
Total income ₹744 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue708 cr742 cr
Total income710 cr744 cr
Expenses705 cr737 cr
Profit before tax5 cr7 cr
Tax84.3 L-2 cr
Net profit (owners' share)4 cr8 cr
Net margin (owners' share, on revenue)0.5%1.1%
EPS (₹)1.633.68
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹281 cr
Shareholder equity
₹143 cr
parent shareholders
Total debt
₹30 cr
Cash
₹53 cr
Who owns it · 2026-03-31
No pledge
Promoter
74.5%
FII / Foreign
2.5%
DII / Domestic
4.0%
Retail / others
19.0%
Promoter stake up 0.8% over the last 4 quarters.
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Sep 2026
See the official result
1
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, including audited Balance Sheet as at March 31, 2026, the Statement of Profit and Loss, Cash Flow Statement for the year ended on that date and notes forming part thereto and the Reports of the Board of Directors and Auditors thereon as circulated to the Members, be and are hereby received, considered, approved and adopted ; And b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, including audited Balance Sheet as at March 31, 2026, the Statement of Profit and Loss, Cash Flow Statement for the year ended on that date and notes forming part thereto and the Reports of the Auditors thereon as circulated to the Members, be and are hereby received, considered, approved and adopted ;
Backed by 100% of shareholders other than promotersneeded 50%
10.24 L votes for, 0 against · 0% of mutual funds and other big investors said no
2
RE-APPOINTMENT OF MR. RAJEEV AGARWAL (DIN: 00107401) WHO RETIRES BY ROTATION AS A NON-EXECUTIVE DIRECTOR
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
10.24 L votes for, 0 against · 0% of mutual funds and other big investors said no
3
ALTERATION OF THE ARTICLES OF ASSOCIATION OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
10.24 L votes for, 0 against · 0% of mutual funds and other big investors said no
4
VARIATION IN THE TERMS OF APPOINTMENT OF MR. SIDHARTH AGARWAL (DIN: 05213023), WHOLE-TIME DIRECTOR OF THE COMPANY
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
10.24 L votes for, 0 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 74.5% between them · as of 2026-03-31
Sidharth Agarwal34.90%
Vidur Gupta34.90%
ANKITA GUPTA0.97%
SIDHARTH AGARWAL HUF0.97%
NEERA KUMAR0.84%
DEEPIKA GUPTA0.78%
VEENA GUPTA0.78%
RAJESH GUPTA0.39%
Business done with them
FY2025 · 1 of the group
The company paid ₹1 L to companies in the promoter group last year — about 0.0% of its ₹1,270 cr revenue.
Rajesh Gupta
Other payments to them · Refer:"Disclosure of notes on related party explanatory [Text Block]"
also owns 0.39% of the company
₹1 L
company paid

The company also transacted with 5 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹61.8 L raised in Jan 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 25% of what it set aside.

Working capital requirements; capital expenditure, including towards development, refurbishment and renovation of our assets; and general corporate purpose
25%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.