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Spandana Sphoorty Financial Ltd
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NSE: SPANDANA BSE: 542759 INE572J01011 Financial Services NBFC 🔎 Screen
₹1,672 Cr
Market Cap
0.94
P/B
12.50%
NIM
-29.4%
ROE
—
GNPA
-13.0%
Fin. Margin
-39.3%
% from 52W High
13
α RS
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
Shareholding
About

Spandana Sphoorty Financial is primarily engaged in the business of micro finance providing small value unsecured loans to low-income customers in semi-urban and rural areas.

✓ Strengths 1
  • Stock is trading at 0.69 times its book value
! Concerns 4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.14% over past five years.
  • Company has a low return on equity of -13.9% over last 3 years.
  • Promoter holding has decreased over last 3 years: -12.2%
Key Ratios Snapshot
📊 Peer Medians
📈 Growth Pattern
📊 Quick Scorecard
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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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📉 WEAK Revenue falls 5.3% YoY, profit climbs but ROE stays negative at -25.9%
Revenue
Revenue declined 5.3% YoY to ₹284 Cr, though it improved 9.2% QoQ. Other income of ₹19 Cr provided some support.
Profitability
Net profit surged 103.3% YoY and 140% QoQ to ₹12 Cr, aided by a low base. EPS stood at ₹1.34, while ROE remained deeply negative at -25.9%.
Margins
Financing margin fell to 0%, dropping 160% YoY and 2% QoQ, indicating severe net interest margin compression and likely high credit costs.
Cash Flow
Skip — not applicable for banking/financial companies
Balance Sheet
Specific balance sheet items like advances and capital adequacy are not disclosed. The negative ROE points to eroded shareholder equity.
Key Risks
Key risks include sustained NIM compression (financing margin at 0%), deteriorating asset quality, and regulatory pressures impacting loan growth.
Outlook
The sharp QoQ revenue and profit improvement offers some respite, but negative ROE and collapsing margins indicate underlying stress. Sustained profitability hinges on margin recovery and credit cost control.
Generated by AI · Jun 2026 results · Not investment advice
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🏦 Banking KPIs

NIM, GNPA, CASA, CAR, ROA, ROE and more — extracted from investor presentations
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Investment Risk:
Investing in securities, including equities and mutual funds, involves inherent risks, including the potential loss of principal. All investments are subject to market fluctuations, regulatory changes, and other risks that may affect their value. Past performance is not indicative of future results. This report is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

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The author and/or analyst may currently hold or have previously held positions in the securities or financial instruments discussed in this report. Any such positions, if material, are disclosed to the best of the author's knowledge and are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company, institution, or third party.

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