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Spandana Sphoorty Financial Ltd (SPANDANA)

₹705.850.74%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 8 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 8 analysts offering long term price targets for Spandana Sphoorty Financial Ltd. An average target of ₹1198.88

Source: S&P Global Market Intelligence

Spandana Sphoorty Financial Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹700
    ₹719.75
  • 52 Week's Low

    52 Week's High

    ₹678.05
    ₹1,243.2
1 Month Return-3.09 %
3 Month Return-19.07 %
1 Year Return-11.2 %
Previous Close₹711.10
Open₹714.60
Volume1.54L
Upper Circuit-
Lower Circuit-
Market Cap₹5,070.51Cr

Key Statistics

P/E Ratio10.1
PEG Ratio0.15
Market Cap₹5,070.51 Cr
P/B Ratio1.69
EPS70.23

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Edelweiss Small Cap Fund Direct GrowthEdelweiss Small Cap Fund Direct Growth0.91%
Tata Banking & Financial Services Fund Direct GrowthTata Banking & Financial Services Fund Direct Growth0.95%
JM Value Fund (Direct) - GrowthJM Value Fund (Direct) - Growth1.57%
LIC MF Banking & Financial Services Fund Direct GrowthLIC MF Banking & Financial Services Fund Direct Growth1.31%
JM Focused Fund (Direct) - Growth OptionJM Focused Fund (Direct) - Growth Option2.11%

Company Information

Spandana Sphoorty Financial Ltd. was formed in 2003 in Hyderabad, India and was granted a Certificate of Registration from the Reserve Bank of India in 2004. The NBFC-MFI status was granted to the company in 2015 and as of March 2019, it is the fourth largest NBFC-MFI and sixth largest amongst NBFC-MFIs and SFBs in terms of AUM. The company provides income generation loans, via a joint liability model, to low-income households in rural areas. It has an in-depth understanding of the borrowing requirements of the client segment and works towards the socioeconomic wellbeing of these households. They increased their lender base in 2018, diversified their borrowings and also issued NCDs. This enabled them to expand their operations and loan sizes given the increased capital flow. ICRA research showed that as of March 2017 the company had the lowest portfolio per branch in comparison to its peers. Post-exit from Credit Default Swap (CDR) in 2017, the company experienced a steep growth of 143.8% in terms of Gross AUM in 2018.

Share Price: ₹705.85 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹5,070.51Cr as of today
Revenue: ₹709.60Cr as on March 2024 (Q1 24)
Net Profit: ₹128.66Cr as on March 2024 (Q1 24)
Listing date: 19 Aug, 2019
Chairperson Name: Abanti Mitra
OrganisationSpandana Sphoorty Financial Ltd
Headquarters
IndustryFinance
E-voting on sharesClick here to vote

Key events for Spandana Sphoorty Financial Ltd

  • Spandana Sphoorty Financial's Earnings Projected to Grow at 22.39% - 18 Jun, 2024

    Despite challenges with debt coverage and recent executive changes, Spandana Sphoorty Financial is expected to see its earnings grow by 22.39% annually, outpacing the broader Indian market projection of 16%.

  • Spandana Sphoorty Financial Shows Impressive Growth Despite Debt Coverage Challenges - 20 May, 2024

    Spandana Sphoorty Financial has reported a recent revenue increase to INR 25.34 billion and net income rising to INR 5.01 billion annually, with earnings growth forecasts of 22.4% annually and revenue growth predictions outpacing the broader Indian market. The company's financial position is further bolstered by a recent private placement of INR 2.4 billion.

Insights on Spandana Sphoorty Financial Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 18.65% to 19.69% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 8 quarters, -219.77 Cr → 128.64 Cr (in ₹), with an average increase of 81.8% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 7.92% to 11.35% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 527.29 Cr → 709.6 Cr (in ₹), with an average increase of 9.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 56.5% return, outperforming this stock by 67.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 188.4% return, outperforming this stock by 179.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 2.25% to 1.75% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, SPANDANA stock has moved down by -19.1%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 59.75% to 56.85% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹709.60Cr
↑8.03%
Net Income
₹128.66Cr
↑0.98%
Net Profit Margin
18.13%
↓6.55%
2024Y/Y Change
Revenue
₹2,423.71Cr
↑73.03%
Net Income
₹500.72Cr
↑3,941.32%
Net Profit Margin
20.66%
↑2,247.73%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹12,882.24Cr
↑40.08%
Total Liabilities
₹9,326.25Cr
↑51.56%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹2,503.44Cr
↑21.97%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.85%
-4.85
Foreign Institutions
19.69%
5.56
Mutual Funds
1.75%
-22.20
Retail Investors
11.35%
43.27
Others
10.36%
-9.34

Key Indicators

Spandana Sphoorty Financial Ltd Valuation

Spandana Sphoorty Financial Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-65.36x)

January 3, 2023

Today (10.10x)

July 19, 2024

Industry (30.98x)

July 19, 2024

Highest (573.20x)

June 14, 2023

LowHigh

Earnings and Dividends

  • Spandana Sphoorty Financial Ltd Earnings Results

    Spandana Sphoorty Financial Ltd’s net profit jumped 21.85% since last year same period to ₹128.64Cr in the Q4 2023-2024. On a quarterly growth basis, Spandana Sphoorty Financial Ltd has generated 0.97% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Spandana Sphoorty Financial Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Spandana Sphoorty Financial Ltd (SPANDANA) share price today is ₹705.85

Spandana Sphoorty Financial Ltd is listed on NSE

Spandana Sphoorty Financial Ltd is listed on BSE

  • Today’s highest price of Spandana Sphoorty Financial Ltd is ₹719.75.
  • Today’s lowest price of Spandana Sphoorty Financial Ltd is ₹700.

PE Ratio of Spandana Sphoorty Financial Ltd is 10.1

PE ratio = Spandana Sphoorty Financial Ltd Market price per share / Spandana Sphoorty Financial Ltd Earnings per share

Today’s traded volume of Spandana Sphoorty Financial Ltd(SPANDANA) is 1.54L.

Today’s market capitalisation of Spandana Sphoorty Financial Ltd(SPANDANA) is ₹5070.51Cr.

Spandana Sphoorty Financial Ltd(SPANDANAPrice
52 Week High
₹1243.2
52 Week Low
₹678.05

Spandana Sphoorty Financial Ltd(SPANDANA) share price is ₹705.85. It is down -43.22% from its 52 Week High price of ₹1243.2

Spandana Sphoorty Financial Ltd(SPANDANA) share price is ₹705.85. It is up 4.10% from its 52 Week Low price of ₹678.05

Spandana Sphoorty Financial Ltd(SPANDANAReturns
1 Day Returns
-5.25%
1 Month Returns
-3.09%
3 Month Returns
-19.07%
1 Year Returns
-11.2%