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Spandana Sphoorty Financial Ltd.
(SPANDANA)
Spandana Sphoorty Financial Ltd. (SPANDANA) vs. iShares MSCI India ETF (INDA)
Spandana Sphoorty Financial Ltd. Business Overview & Revenue Model
Spandana Sphoorty Financial Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.13B | 24.24B | 15.20B | 1.76B | 14.38B | 14.15B |
| Gross Profit | 18.95B | 23.81B | 12.69B | 1.76B | 5.98B | 6.88B |
| EBITDA | 1.06B | 6.30B | 6.92B | 296.70M | 6.84B | 6.39B |
| Net Income | -14.51B | -10.35B | 5.01B | 123.10M | 694.68M | 1.45B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 84.94B | 133.83B | 93.83B | 70.76B | 85.77B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 20.04B | 17.98B | 10.05B | 11.33B | 13.10B |
| Total Debt | 0.00 | 56.56B | 94.25B | 60.74B | 37.72B | 53.73B |
| Total Liabilities | -26.33B | 58.60B | 97.38B | 62.83B | 39.86B | 58.26B |
| Stockholders Equity | 26.33B | 26.33B | 36.45B | 30.99B | 30.88B | 27.49B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -12.98B | -27.33B | -21.84B | 8.49B | -17.70B |
| Operating Cash Flow | 0.00 | -12.76B | -27.07B | -21.71B | 8.63B | -17.54B |
| Investing Cash Flow | 0.00 | 48.28B | 863.90M | -1.75B | 362.18M | 4.82B |
| Financing Cash Flow | 0.00 | -37.12B | 32.05B | 24.33B | -13.07B | 23.48B |
Spandana Sphoorty Financial Ltd. Technical Analysis
Spandana Sphoorty Financial Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ₹17.55B | 282.70 | ― | ― | 0.02% | -96.51% | |
| ― | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
| ― | ₹28.82B | 5.34 | ― | ― | ― | ― | |
| ― | ₹34.92B | 16.93 | ― | 0.26% | 13.28% | -6.07% | |
| ― | ₹21.43B | 26.37 | ― | ― | -26.77% | -431.45% | |
| ― | ₹15.17B | ― | ― | ― | 58.12% | 22.23% |
Spandana Sphoorty Financial Ltd. Corporate Events
Spandana Sphoorty Financial Limited has received a credit rating of ‘IND BBB+/Negative’ from India Ratings & Research for its additional non-convertible debentures, while affirming the same rating for its existing debt instruments. The rating reflects ongoing challenges in asset quality and profitability due to high credit costs and operational expenses, exacerbated by external factors such as political movements and adverse weather conditions. Despite these challenges, the company maintains a healthy capitalisation profile supported by recent equity infusions. However, its cost of borrowing remains high compared to peers, and its ability to diversify funding and improve borrowing rates is crucial for future stability.
Spandana Sphoorty Financial Limited announced the approval of issuing up to 40,000 secured, senior, redeemable, transferable, listed, rated non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, including a green shoe option of 10,000 NCDs, on a private placement basis. This strategic move is expected to enhance the company’s capital structure and provide it with additional financial resources to support its growth initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
Spandana Sphoorty Financial Limited has announced the grant of 12,43,000 stock options to its employees under several employee stock option plans and schemes. This move, approved by the Nomination and Remuneration Committee, aligns with the company’s strategy to incentivize and retain talent, potentially enhancing employee engagement and performance, which could positively impact the company’s operational efficiency and market position.
Spandana Sphoorty Financial Limited announced the successful conclusion of its Annual General Meeting held on September 16, 2025, where all proposed resolutions were passed with the requisite majority. The meeting, which was conducted with e-voting, reflects the company’s commitment to transparency and compliance with regulatory requirements, potentially strengthening its position in the financial services sector.
Spandana Sphoorty Financial Limited announced the outcomes of its 22nd Annual General Meeting, highlighting the adoption of audited financial statements and the reappointment of directors. The company also appointed Alwyn Jay & Co. as Secretarial Auditors and approved the issuance of Non-Convertible Debentures on a private placement basis. These developments are expected to strengthen the company’s governance and financial strategies, potentially enhancing its market position and stakeholder confidence.
Spandana Sphoorty Financial Limited has experienced a downgrade in its credit rating by ICRA Limited, moving from [ICRA]A- (Negative) to [ICRA]BBB+ (Negative). This downgrade reflects the company’s weakened profitability and asset quality, alongside a significant decline in its assets under management. The company’s operating efficiencies have deteriorated, and it faces challenges in managing credit costs and maintaining its capital base. The downgrade may impact its ability to attract investment and could have implications for its financial stability and stakeholder confidence.
Spandana Sphoorty Financial Ltd. has experienced a downgrade in its credit rating from IND A-/Negative to IND BBB+/Negative by India Ratings & Research, reflecting ongoing stress in its asset quality and profitability. The downgrade is attributed to increased borrower indebtedness, operational challenges, and external factors such as political movements and adverse weather conditions. Despite these challenges, the company maintains a geographically diversified loan portfolio and a healthy capitalisation profile. However, its cost of borrowing remains high compared to peers, and the company faces significant sectoral risks associated with the microfinance industry.
Spandana Sphoorty Financial Limited has announced the publication of a public notice regarding its 22nd Annual General Meeting (AGM), scheduled for September 16, 2025. The AGM will be conducted through video conferencing, and the company has completed the dispatch of its Annual Report for the financial year 2024-25. This move aligns with regulatory compliance and ensures shareholder engagement through digital means, reflecting the company’s commitment to transparency and accessibility.
Spandana Sphoorty Financial Limited has announced the scheduling of its 22nd Annual General Meeting (AGM) on September 16, 2025, which will be conducted via video conferencing. This meeting will allow shareholders to participate remotely, with e-voting available from September 12 to September 15, 2025. The announcement underscores the company’s commitment to maintaining shareholder engagement and compliance with regulatory requirements.
Spandana Sphoorty Financial Ltd. has released its Business Responsibility and Sustainability Report for the financial year 2024-25, in compliance with SEBI regulations. This report, which is part of the company’s annual report, highlights the company’s commitment to sustainable business practices and its focus on responsible financial operations. The report’s availability on the company’s website indicates a transparent approach to stakeholder engagement and corporate responsibility.
Spandana Sphoorty Financial Limited has announced its participation in the Equirus Annual India Conference 2025, scheduled for August 20, 2025, in Mumbai. This engagement is part of the company’s efforts to engage with investors and stakeholders, potentially impacting its visibility and investor relations positively.
Spandana Sphoorty Financial Limited has announced the publication of a post-issue advertisement in various newspapers regarding its rights issue of partly paid-up equity shares. This move is in compliance with the SEBI ICDR Regulations, and the company has detailed the subscription, allotment basis, and credit date of these shares. The indicative date for listing these shares is set for around August 18, 2025, which could potentially enhance the company’s market presence and provide stakeholders with new investment opportunities.