Spandana Sphoorty Financial Limited

BSE: SPANDANA542759ISIN INE572J01011

Financial Services
Microfinance Institutions
BSE Financial Services

Share price

₹182.70-4.70 (-2.51%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹319.70
52W low: ₹175.00
Off 52W high: -42.85%
1M return: -14.43%
3M return: -29.78%
6M return: -31.88%
1Y return: -24.83%
20D avg volume: 13,081
50 DMA: ₹218.48
200 DMA: ₹241.37

Key ratios Consolidated

Market cap: ₹1,609 Cr
Current price: ₹182.70
52W high / low: ₹319.70 / ₹175.00
Face value: ₹10.00
P/E: -27.17
P/B: 0.69
EPS (TTM): ₹-6.72
Book value / share: ₹265.02
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.83
Net debt: ₹997.95 Cr
Interest cover: -0.82
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	324.90	283.91	259.69	234.27	229.55	300.46	414.79	554.76	686.38	709.89	675.80	626.03
	15.52	19.31	17.48	11.28	9.94	3.66	4.13	17.83	20.19	27.09	33.80	30.81
	340.42	303.22	277.17	245.55	239.49	304.12	418.92	572.59	706.57	736.98	709.60	656.84
	303.47	285.66	269.15	371.00	566.62	785.01	996.54	1,160	995.18	661.93	537.43	486.50
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	103.34	106.22	112.65	144.16	130.18	145.72	160.53	183.71	152.87	134.68	140.91	120.99
	140.59	132.08	126.03	108.74	119.85	153.75	185.45	229.01	258.43	259.37	249.31	250.19
	2.38	2.56	4.04	3.94	3.98	4.24	7.20	5.64	5.45	4.41	6.98	5.64
	42.57	46.10	44.49	55.72	54.45	59.13	40.60	29.61	15.48	11.06	8.07	4.45
	36.95	17.56	8.02	-125.45	-327.13	-480.89	-577.62	-587.63	-288.61	75.05	172.17	170.35
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	36.95	17.56	8.02	-125.45	-327.13	-480.89	-577.62	-587.63	-288.61	75.05	172.17	170.35
	18.71	5.68	2.75	-30.45	-77.97	-120.66	-143.32	—	—	—	—	—
	18.24	11.88	5.27	-95.00	-249.16	-360.23	-434.30	-440.24	-216.33	55.71	128.66	127.40
	2.26	1.49	0.66	-11.88	-32.76	-50.52	-60.91	-61.73	-30.34	7.81	18.06	17.91
Key metrics
	—	—	—	—	—	—	—	-352.98	-24.73	338.83	428.46	426.18
	—	—	—	—	—	—	—	-63.60%	-3.60%	47.70%	63.40%	68.10%
	5.60%	4.20%	2.00%	-40.60%	-108.50%	-119.90%	-104.70%	-79.40%	-31.50%	7.80%	19.00%	20.40%
	41.50%	-5.50%	-37.40%	-57.80%	-66.60%	-57.70%	-38.60%	-11.40%	—	—	—	—
	107.30%	103.30%	101.20%	78.40%	-15.20%	-746.60%	-437.60%	-445.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,103	1,024	2,355	2,424	1,401	1,463
	63.59	42.37	68.93	110.24	76.28	17.24
	1,166	1,066	2,424	2,534	1,477	1,480
	1,229	1,992	3,803	1,863	1,459	1,383
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	466.37	532.71	631.77	473.23	305.72	228.40
	507.44	508.38	932.26	926.78	457.88	540.10
	12.92	16.20	22.70	20.41	10.87	9.18
	188.88	213.81	229.83	23.45	28.29	45.74
	-62.92	-925.48	-1,379	670.57	17.83	96.87
	0.00	0.00	0.00	0.00	0.00	0.00
	-62.92	-925.48	-1,379	670.57	17.83	96.87
	-3.31	-226.33	-343.64	—	—	—
	-59.61	-699.15	-1,035	500.72	12.39	69.83
	-7.47	-91.01	-145.17	70.42	1.74	10.75
Key metrics
	—	—	—	1,618	486.58	646.15
	—	—	—	66.70%	34.70%	44.20%
	-5.41%	-68.30%	-44.00%	20.70%	0.90%	4.80%
	-26.46%	-56.50%	-2.80%	73.00%	-4.20%	—
	—	32.50%	-306.70%	3,941.30%	-82.30%	—
	—	878.45	3,646	—	—	—
	—	-1.26	-3.54	—	—	—
	—	0.83	1.29	—	—	—
	—	997.95	2,155	—	—	—
Balance sheet
	—	6,246	8,494	—	—	—
	—	769.49	1,236	—	—	—
	—	—	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	18.28	31.24	—	—	—
	—	1,767	3,391	—	—	—
	—	2,130	2,633	—	—	—
Cash flow
	—	882.47	3,669	—	—	—
	—	164.75	-119.21	—	—	—
	—	-1,514	-3,712	—	—	—
	—	4.02	22.30	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	303.11	261.55	238.44	206.99	199.32	261.87	374.47	512.27	640.34	663.13	637.41	591.23
	15.04	18.23	15.19	9.48	8.62	2.31	2.75	16.49	19.10	26.20	32.13	30.33
	318.15	279.78	253.63	216.47	207.94	264.18	377.22	528.76	659.44	689.33	669.54	621.55
	270.00	256.72	245.30	325.35	493.59	703.30	922.02	1,055	931.63	620.17	505.99	463.41
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	92.28	94.91	96.21	125.11	112.45	125.20	138.35	161.73	134.69	120.67	130.25	115.34
	135.02	128.59	121.88	103.76	111.37	139.38	171.50	213.19	244.67	246.19	238.57	240.68
	1.87	2.01	3.15	3.04	3.10	3.32	5.73	4.61	4.68	3.90	6.58	5.50
	38.03	41.43	38.51	49.68	48.20	52.83	34.47	26.71	14.25	10.07	7.34	4.29
	48.15	23.06	8.33	-108.88	-285.65	-439.12	-544.80	-525.98	-272.19	69.15	163.55	158.15
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	48.15	23.06	8.33	-108.88	-285.65	-439.12	-544.80	-525.98	-272.19	69.15	163.55	158.15
	13.41	6.97	2.84	-26.34	-67.58	-110.21	-134.61	—	—	—	—	—
	34.74	16.09	5.49	-82.54	-218.07	-328.91	-410.19	-393.88	-203.93	51.29	122.20	118.28
	4.31	2.01	0.69	-10.32	-28.68	-46.13	-57.53	-55.24	-28.60	7.19	17.15	16.63
Key metrics
	—	—	—	—	—	—	—	-308.18	-22.84	319.24	408.70	404.33
	—	—	—	—	—	—	—	-60.20%	-3.60%	48.10%	64.10%	68.40%
	11.50%	6.20%	2.30%	-39.90%	-109.40%	-125.60%	-109.50%	-76.90%	-31.80%	7.70%	19.20%	20.00%
	52.10%	-0.10%	-36.30%	-59.60%	-68.90%	-60.50%	-41.30%	-13.40%	—	—	—	—
	115.90%	104.90%	101.30%	79.00%	-6.90%	-741.30%	-435.70%	-433.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,010	906.59	2,181	2,300	1,329	1,376
	57.94	35.61	64.47	107.15	65.79	15.26
	1,068	942.20	2,245	2,407	1,394	1,392
	1,097	1,768	3,519	1,781	1,376	1,327
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	408.51	458.97	555.44	450.94	295.44	216.88
	489.25	476.39	875.56	897.38	445.05	514.09
	10.07	12.61	18.92	19.73	10.68	8.55
	167.65	189.24	205.72	19.94	18.07	44.79
	-29.34	-825.35	-1,274	626.02	18.25	64.59
	0.00	0.00	0.00	0.00	0.00	0.00
	-29.34	-825.35	-1,274	626.02	18.25	64.59
	-3.12	-201.30	-317.11	—	—	—
	-26.22	-624.05	-956.74	467.88	12.34	46.64
	-3.31	-81.24	-134.18	65.81	1.74	7.22
Key metrics
	—	—	—	1,543	473.98	587.23
	—	—	—	67.10%	35.70%	42.70%
	-2.60%	-68.80%	-43.90%	20.30%	0.90%	3.40%
	-25.06%	-58.40%	-5.20%	73.10%	-3.50%	—
	—	34.80%	-304.50%	3,691.60%	-73.50%	—
	—	503.14	3,770	—	—	—
	—	-0.81	-3.95	—	—	—
	—	0.79	1.24	—	—	—
	—	1,020	2,055	—	—	—
Balance sheet
	—	6,177	8,008	—	—	—
	—	720.33	1,207	—	—	—
	—	0.00	0.00	—	—	—
	—	13.22	23.34	—	—	—
	—	1,740	3,262	—	—	—
	—	2,194	2,623	—	—	—
Cash flow
	—	506.28	3,783	—	—	—
	—	177.97	-200.21	—	—	—
	—	-1,171	-3,761	—	—	—
	—	3.14	13.01	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -11.96%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -25.06%
Profit YoY (TTM): +98.06%

Consolidated

Sales CAGR 3Y: -9.92%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -26.46%
Profit YoY (TTM): +95.98%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 48.16%

Quarter	September 2026	June 2026
Promoter %	48.16%	48.16%

Holder	Type	Holding	Previous	Change
KANGCHENJUNGA LIMITED	Promoter	41.12%	41.12%	0.00%
KEDAARA CAPITAL FUND III LLP	Promoter Group	7.04%	7.04%	0.00%
GOLDMAN SACH FUNDS-GOLDMAN SACHS INDIA EQUITY P	Public	3.77%	—	—
SG INDIA ALPHA HOLDINGS LLC	Public	3.57%	3.57%	0.00%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	Public	2.92%	2.92%	0.00%
VALIANT MAURITIUS PARTNERS OFFSHORE LIMITED	Public	2.87%	3.11%	-0.24%
VALIANT MAURITIUS PARTNERS FDI LIMITED	Public	2.02%	2.02%	0.00%
VAKIANT MAURITIUS PARTNERS LIMITED	Public	1.28%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
CreditAccess Grameen Ltd.	17,251	1,074.50	10.87	—	+17.66% TTM	+1,086.78% TTM	-22.03%
SATIN CREDITCARE NETWORK LIMITED	2,841	257.15	5.33	—	+19.75% TTM	+296.18% TTM	+70.35%
Muthoot Microfin Limited S	2,609	153.05	10.63	—	+0.75% TTM	+174.47% TTM	-9.17%
FUSION FINANCE LIMITED S	2,480	153.15	9.00	—	-0.33% TTM	+127.76% TTM	-14.23%
Spandana Sphoorty Financial Limited	1,609	182.70	-27.17	—	-26.46% TTM	+95.98% TTM	-24.83%

Filings & corporate actions

Recent announcements

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Cyber Fraud Incident.2 Nov 2026 · Company Update / General
Newspaper publication of unaudited consolidated financial results of the Company for the quarter and half year ended September 30, 2026.31 Oct 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Audio recording of the conference call Q2 & H1FY27 held on October 30, 2026.30 Oct 2026 · Company Update / Analyst / Investor Meet
Monitoring Agency Report for the quarter ended September 30, 2026.30 Oct 2026 · Company Update / Monitoring Agency Report
Investor presentation on the unaudited financials results of the Company for the quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Investor Presentation
Press Release for the Quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Press Release / Media Release
Outcome of the Board Meeting of the Company held on Friday, October 30, 2026.30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Q2 & H1FY27 Earnings Conference Call24 Oct 2026 · Company Update / Analyst / Investor Meet
Spandana Sphoorty Financial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve unaudited standalone ....24 Oct 2026 · Board Meeting / Board Meeting
Declaration of results of Postal Ballot.14 Oct 2026 · AGM/EGM / Postal Ballot
Receipt of trading approval for 1,67,60,459 Equity shares converted from Partly paid-up shares to Fully paid-up shares.9 Oct 2026 · Company Update / General
We hereby inform that India Ratings & Research Private Limited has revised its rating outlook to stable and reaffirmed the rating for NCD and Bank Loans Facilities.7 Oct 2026 · Company Update / Credit Rating
Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for quarter ended September 30, 2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Conversion of partly paid-up equity shares into fully paid-up equity shares.29 Sep 2026 · Company Update / General
Closure of the Trading Window for the quarter and half year ended September 30, 2026.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Schedule of Investors' Conference.23 Sep 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement in respect to First and Final Call.23 Sep 2026 · Company Update / Newspaper Publication
Newspaper Publication of Postal Ballot Notice.12 Sep 2026 · Company Update / Newspaper Publication
Postal Ballot Notice11 Sep 2026 · AGM/EGM / Postal Ballot
Newspaper advertisement for dispatch of First and Final Call Notice to the shareholders of Spandana Sphoorty Financial Limited (the "company").22 Aug 2026 · Company Update / Newspaper Publication
Notice for the payment of first and final call on partly paid - up equity shares issued and allotted on right basis, pursuant to letter of offer dated July 18, 2025 ("First and Final Call Notice")21 Aug 2026 · Company Update / General
Outcome of 23rd Annual General Meeting held on August 18, 2026.20 Aug 2026 · AGM/EGM / AGM
Declaration of results of 23rd Annual General Meeting.20 Aug 2026 · AGM/EGM / AGM
Proceedings of 23rd Annual General Meeting held on Tuesday, August 18, 202618 Aug 2026 · AGM/EGM / AGM
The Board of Directors of the Company at its meeting held on today, i.e. August 14, 2026, approved the amalgamation of Criss Financial Limited (WOS) with the Company by way of scheme of arrangement.14 Aug 2026 · Company Update / Scheme of Arrangement
Appointment of Mr. Neeraj Swaroop (DIN: 00061170) as a Additional Director in the capacity of the Independent Director w.e.f. August 14, 2026 for a term of three consecutive years, subject ....14 Aug 2026 · Company Update / Change in Management
Resignation of Mr. Neeraj Swaroop (DIN: 00061170) as a Non-Executive Nominee Director of the Company w.e.f. August 13, 2026.14 Aug 2026 · Company Update / Resignation of Director
Outcome of Board Meeting of the Company held on August 14, 2026.14 Aug 2026 · Company Update / General
Newspaper Advertisement regarding the Record Date for First and Final call on Partly Paid-up Rights Issue Equity Shares of the Company.6 Aug 2026 · Company Update / Newspaper Publication
The Board has fixed Wednesday, August 19, 2026, as the record date for the purpose of determining the holders for paying the outstanding amount for the partly paid up equity shares issued ....5 Aug 2026 · Corp. Action / Record Date
The Board has fixed Wednesday , August 19, 2026, as the record date for the purpose of determining the holders for paying outstanding amount of the partly paid up equity shares issued by ....5 Aug 2026 · Company Update / General
Transcript of earnings call for the quarter ended June 30, 2026.31 Jul 2026 · Company Update / Earnings Call Transcript
Newspaper Publication - Notice of 23rd AGM of the Company25 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Reporting (BRSR) for FY 2025-2026.24 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 23rd AGM and Annual Report FY 2025-202624 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of the Twenty-Third (23rd) Annual General Meeting (AGM) and Annual Report 2025-26.24 Jul 2026 · AGM/EGM / AGM
Newspaper publication of unaudited consolidated financial results of the Company for the quarter ended June 30, 2026.24 Jul 2026 · Company Update / Newspaper Publication
Newspaper Publication of information regarding Twenty-Third (23rd)Annual General Meeting of the Company to be held through VC/OAVM.24 Jul 2026 · Company Update / Newspaper Publication
Audio recording of the conference call Q1FY27 held on July 24, 202624 Jul 2026 · Company Update / Analyst / Investor Meet
Monitoring Agency Report for the quarter ended June 30, 202623 Jul 2026 · Company Update / Monitoring Agency Report

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	24 Jul 2025	24 Jul 2025	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
23 Jul 2026 Board Meeting - Financial Results