Modern Insulators Ltd vs Spectrum Electrical Industries Ltd Stock Comparison

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Last Updated on: May 26, 2026

Key Highlights

The Latest Trading Price of Modern Insulators Ltd is ₹ 453.3 as of 26 May 12:22 . The P/E Ratio of Modern Insulators Ltd changed from 6.2 on March 2021 to 12 on March 2025 . This represents a CAGR of 14.12% over 5 yearsThe P/E Ratio of Spectrum Electrical Industries Ltd changed from 14.6 on March 2021 to 0 on March 2025 . This represents a CAGR of -100.00% over 5 years The Market Cap of Modern Insulators Ltd changed from ₹ 213.09 crore on March 2021 to ₹ 461.92 crore on March 2025 . This represents a CAGR of 16.73% over 5 yearsThe Market Cap of Spectrum Electrical Industries Ltd changed from ₹ 86.18 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of -100.00% over 5 years The revenue of Modern Insulators Ltd for the Dec '25 is ₹ 203.36 crore as compare to the Sep '25 revenue of ₹ 183.44 crore. This represent the growth of 10.86% The revenue of Spectrum Electrical Industries Ltd for the Dec '25 is ₹ 126.51 crore as compare to the Sep '25 revenue of ₹ 119.85 crore. This represent the growth of 5.56% The ebitda of Modern Insulators Ltd for the Dec '25 is ₹ 35.46 crore as compare to the Sep '25 ebitda of ₹ 25.72 crore. This represent the growth of 37.87% The ebitda of Spectrum Electrical Industries Ltd for the Dec '25 is ₹ 20.17 crore as compare to the Sep '25 ebitda of ₹ 17.38 crore. This represent the growth of 16.05% The net profit of Modern Insulators Ltd changed from ₹ 7.55 crore to ₹ 24.13 crore over 7 quarters. This represents a CAGR of 94.24% The net profit of Spectrum Electrical Industries Ltd changed from ₹ 2.07 crore to ₹ 10.21 crore over 7 quarters. This represents a CAGR of 148.90% The Dividend Payout of Modern Insulators Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Spectrum Electrical Industries Ltd changed from 25.58 % on March 2021 to 0 % on March 2025 . This represents a CAGR of -100.00% over 5 years .

About Modern Insulators Ltd

Incorporated as a public limited company in May '82, Modern Insulators Limited (MIL), a member of the Modern group, was promoted in the joint sector by H S Ranka and the Rajasthan State Industrial Corporation (RSICO).
The Company is primarily engaged in the business of manufacturing insulators and terry towels. Since inception, MIL has been facing technical problems resulting in a high degree of rejection at various stages of manufacture.
With a view to help MIL overcome its resultant liquidity problems and stabilise operations on a viable footing, institutions have been extending relief by way of interest deferments and reschedule of principal repayments.
However, despite grants of reliefs / concessions, there was no appreciable improvement in the performance of MIL and it continued to incur losses.

About Spectrum Electrical Industries Ltd

Spectrum Electrical Industries Limited was originally incorporated as a Private Limited company with the name 'Spectrum Polytech Private Limited' on August 12, 2008.
The name of Company was changed to Spectrum Electrical Component Private Limited on March 11, 2014.
Further, name of the Company was changed to Spectrum Electrical Industries Private Limited on June 14, 2018.
The Company was subsequently converted into a Public Limited Company and the name of Company was changed to Spectrum Electrical Industries Limited on June 20, 2018. he Company is engaged in business of designing and manufacturing of an extensive range of products under electrical components domain having different applications and utilities.
It undertake activities such as designing, fabrication, moulding, powder coating, surface coating and assembling to develop these products and by virtue of multi-technology and varied processes involved in manufacturing activities, the Company is able to cater to other industries like automobile and irrigation.

FAQs for the comparison of Modern Insulators Ltd and Spectrum Electrical Industries Ltd

Which company has a larger market capitalization, Modern Insulators Ltd or Spectrum Electrical Industries Ltd?

Market cap of Modern Insulators Ltd is 2,035 Cr while Market cap of Spectrum Electrical Industries Ltd is 2,173 Cr

What are the key factors driving the stock performance of Modern Insulators Ltd and Spectrum Electrical Industries Ltd?

The stock performance of Modern Insulators Ltd and Spectrum Electrical Industries Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Modern Insulators Ltd and Spectrum Electrical Industries Ltd?

As of May 26, 2026, the Modern Insulators Ltd stock price is INR ₹431.75. On the other hand, Spectrum Electrical Industries Ltd stock price is INR ₹1383.05.

How do dividend payouts of Modern Insulators Ltd and Spectrum Electrical Industries Ltd compare?

To compare the dividend payouts of Modern Insulators Ltd and Spectrum Electrical Industries Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.