SPEL Semiconductor SPELS
Semiconductors (Fab + ATMP): Semiconductor assembly, packaging and testing (OSAT) - India's only pure-play listed OSAT name
Mapped in 2 themes: Semiconductors (Fab + ATMP) and Semicon 2.0 + Mobile Phones (MPMS).
Where SPEL Semiconductor sits in the supply chain
SPEL Semiconductor appears in 2 supply-chain layers across 2 themes: Semiconductors (Fab + ATMP) and Semicon 2.0 + Mobile Phones (MPMS).
Semiconductors (Fab + ATMP) › OSAT / ATMP
OperatorSemiconductor assembly, packaging and testing (OSAT) - India's only pure-play listed OSAT name
Other companies in this layer
Semicon 2.0 + Mobile Phones (MPMS) › Chip packaging & test (OSAT)
OperatorSmall Chennai chip-packaging company - the only long-standing listed OSAT
Other companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 12 | 8 | 6 |
| Net profit | −17 | −21 | −24 |
Latest-year revenue ₹6 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in Semiconductors (Fab + ATMP)
- India's only pure-play listed OSAT name gives it a scarce, direct listed vehicle for back-end chip-packaging exposure that no other NSE/BSE stock offers
Risks · in Semiconductors (Fab + ATMP)
- Persistently loss-making with a very small revenue base
- BSE-only listing with a thin trading float, limiting liquidity
Common questions
What does SPEL Semiconductor do?
In Semiconductors (Fab + ATMP): Semiconductor assembly, packaging and testing (OSAT) - India's only pure-play listed OSAT name. NextResearch maps it in 2 supply chains: Semiconductors (Fab + ATMP) and Semicon 2.0 + Mobile Phones (MPMS).
Where does SPEL Semiconductor sit in the supply chain?
SPEL Semiconductor (NSE: SPELS) is mapped in 2 supply-chain layers: OSAT / ATMP (Semiconductors (Fab + ATMP)) and Chip packaging & test (OSAT) (Semicon 2.0 + Mobile Phones (MPMS)).
Who are SPEL Semiconductor's peers?
In the OSAT / ATMP layer of Semiconductors (Fab + ATMP): Micron Semiconductor Technology India (not NSE-listed), Tata Electronics (not NSE-listed), Kaynes Technology India, CG Power and Industrial Solutions and HCL-Foxconn Semiconductor (not NSE-listed).
What is SPEL Semiconductor's market cap and valuation?
As of 30 Oct 2026: market cap ₹469 Cr, ROCE 0.1%, ROE −64.5%, dividend yield 0%.