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Companies›Financial Services›Financial Services›Finance
NSE:SPANDANA

SPANDANA SPHOORTY FIN LTD

Financial Services › Finance
₹195.42
at close · 28 Oct 2026
▲ 10.87 (+5.89%)

Latest filings

Next results: Fri, 30 Oct · Financial Results
  1. Q2 and H1 FY27 earnings call scheduled for October 30 · Board & Shareholder Meetings
  2. Board meeting set for September 2026 financial results · Results
  3. Postal Ballot: Shareholders approve Neeraj Swaroop as Independent Director · Board & Shareholder Meetings
All filings ↓
Ask Nexa about SPANDANA SPHOORTY FIN LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a non-banking microfinance institution lending primarily to women through joint liability groups across 20 states in India. As of Q1 FY27, assets under management stood at ₹4,887 cr, up 11% QoQ, with Q1 disbursements of ₹1,371 cr. Portfolio yield is 24.6% and marginal cost of borrowing is 11.3%, giving a net interest margin of 12.5%. Borrowings are raised from banks (47% share), non-convertible debentures, and the Credit Guarantee Scheme (₹545 cr sanctioned, ₹200 cr drawn in Q1). The branch network spans 1,321 branches and the company employed 9,405 people as of FY26, with employee cost at 52% of revenue. Asset quality has improved, with X-bucket collection efficiency at 99.5%, gross stage-3 assets at 3.6%, and annualized credit cost at 2.1%. A pilot for individual loans has been launched in 8 Madhya Pradesh branches, and geographic expansion is being pushed into Tamil Nadu (currently ₹15 cr) and Maharashtra (₹288 cr).

Operating scale
Assets under management
₹4,887 crQ1 FY27
Branches
1,321FY26
States of operation
20FY26
Employees
9,405FY26
Portfolio yield
24.6%Q1 FY27
Net interest margin
12.5%Q1 FY27
Who pays it
Women borrowers in rural and semi-urban India, typically through joint liability groups; 2.18 lakh new customers onboarded in FY26 including 33,527 first-time borrowers
Biggest cost
Cost of borrowings (marginal 11.3% in Q1 FY27) and employee costs (52% of FY26 revenue)
Kind of business
Asset-light microfinance lender, turnaround phase after multi-year losses (₹699 cr loss in FY26)
Where it sits
Operates 1,321 branches across 20 states with AUM of ₹4,887 cr in Q1 FY27, down from ₹11,973 cr in March 2024 following industry-wide stress
Market Cap
₹1,563 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
-7.1%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
—·
ROCE (FY26)
ROE 0.4% (5y median) · margin -39.2%
Leverage
—·
Debt / Equity · not read for a lender
Revenue FY21→FY26
0.7×▼
Margin −78.1 pts
₹1,483 Cr → ₹1,024 Cr
Moves on a normal day
1.44%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 513 Finance peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#186/464
ROE#458/476
EBITDA margin#211/447
Revenue growth#266/418
Profit growth#114/474

Scorecard

Measured from the filed financials, judged against its Finance peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Revenue shrinking over 5 years (−7% a year)
Erratic profits — up in only 2 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

SPANDANA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SPANDANA SPHOORTY FIN LTD's filed financials and exchange disclosures

What does SPANDANA SPHOORTY FIN LTD do?

SPANDANA SPHOORTY FIN LTD is a Finance company listed on NSE and BSE, trading under the symbol SPANDANA.

Is SPANDANA SPHOORTY FIN LTD profitable?

No. Over the trailing twelve months SPANDANA SPHOORTY FIN LTD reported a net loss of ₹327 Cr on revenue of ₹1,007 Cr.

Does SPANDANA SPHOORTY FIN LTD pay a dividend?

Not in the latest reported year — SPANDANA SPHOORTY FIN LTD's dividend payout for FY26 was nil.

How much does the SPANDANA SPHOORTY FIN LTD share price move in a day?

On a typical session SPANDANA SPHOORTY FIN LTD moves 1.44% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are SPANDANA SPHOORTY FIN LTD's next results?

Financial Results on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track SPANDANA SPHOORTY FIN LTD's announcements?

Every NSE and BSE filing by SPANDANA SPHOORTY FIN LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.