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Spandana Sphoorty Financial Share Price

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NSEBSE

879.9020.45 (2.38%)

12:00 AM,16th Apr 2024

880.6518.65 (2.16%)

12:00 AM,16th Apr 2024

BSE : 542759

NSE : SPANDANA

Sector : Financials

ISIN Code : INE572J01011

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Last Updated: Apr 16 2024 | 12:00 AM IST

Market Cap (₹ Cr)

6273

Turnover (₹ Cr)

0.59

Volume (Shares)

67311

Face Value

10

52-WK High

1243.20

52-WK High Date

12 Jan 2024

52-WK Low

550.00

52-WK Low Date

17 Apr 2023

All Time High

1397.00

All Time High Date

08 Nov 2019

All Time Low

286.65

All Time Low Date

20 Jun 2022

Spandana Sphoorty Financial Ltd

Spandana Sphoorty Financial Limited was incorporated as a public limited company with the name 'Spandana Sphoorty Innovative Financial Services Limited ('SSIFSL') on March 10 2003 at Hyderabad Andhra Pradesh India. A certificate of commencement of business was issued to SSIFSL on November 11 2003 by the Registrar of Companies Andhra Pradesh and Telangana at Hyderabad . On October 16 2004 the Reserve Bank of India ('RBI') granted a certificate of registration to the Company as a non-deposit accepting nonbanking financial company ('NBFC'). Subsequently pursuant to a special resolution dated November 26 2007 passed by the Shareholders the name of the Company was changed to Spandana Sphoorty Financial Limited. Pursuant to a letter dated December 26 2007 the RBI granted its no objection to the change of name of the Company to Spandana Sphoorty on January 3 2008. The Company was granted NBFC - Microfinance Institution ('NBFC-MFI') status by the RBI with effect from April 13 2015 The Company is a leading rural focused NBFC-MFI with a geographically diversified presence in India. It offers income generation loans under the joint liability group model predominantly to women from low-income households in Rural Areas. As of March 31 2019 the company is the fourth largest NBFC-MFI and the sixth largest amongst NBFC-MFIs and SFBs in India in terms of AUM update.The Company has developed an in-depth understanding of the borrowing requirements of the low-income client segment. This business model involves regular client meeting processes through their employees who maintain contact with clients across the districts that it covers. Through their loan products and client-centric approach the company endeavours to strengthen the socio-economic well-being of low-income households by providing financing on a sustainable basis in order to improve livelihoods establish identity and enhance self-esteem.Post exit from CDR in March 2017 the company increased its lender base diversified its borrowings to new banks and NBFCs and also issued NCDs in the capital markets. As a result during Fiscal 2018 with increasing flow of capital the company expanded its operations and were able to effectively utilize its existing branch network and employees (that were earlier underutilized due to lack of capital). Prior to their exit from CDR in 2017 the company had limited access to capital due to which the company was able to offer loans in lower ticket sizes than the demand from their clients. According to ICRA Research the company had the lowest portfolio per branch amongst peer comparison of major NBFC-MFIs and SFBs as of March 31 2017. Post exit from CDR the company was able to optimize the ticket sizes and also acquire new clients at existing and new branches. This helped the company to grow the Gross AUM in Fiscal 2018 at one of the highest rates (143.8%) among large NBFC-MFIs in India.

Spandana Sphoorty Financial Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

6273

EPS - TTM (₹) [S]

64.79

P/E Ratio (X) [S]

1.91

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]460.97
P/B Ratio (₹) [S]1.91
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Edelweiss Small Cap Fund - Direct (IDCW) 34.94 415729 1.11
Edelweiss Small Cap Fund - Direct (G) 34.94 415729 1.11
Edelweiss Small Cap Fund - Regular (IDCW) 34.94 415729 1.11
Edelweiss Small Cap Fund - Regular (G) 34.94 415729 1.11
Tata Banking & Financial Services Fund-Dir(IDCW)RI 25.22 300000 1.30
Tata Banking & Financial Services Fund (IDCW) RI 25.22 300000 1.30
Tata Banking & Financial Services Fund-Dir (IDCW) 25.22 300000 1.30
Tata Banking & Financial Services Fund - Dir (G) 25.22 300000 1.30
Tata Banking & Financial Services Fund (G) 25.22 300000 1.30
Tata Banking & Financial Services Fund (IDCW) 25.22 300000 1.30

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

854.00

889.15

Week Low/High

844.75

912.00

Month Low/High

786.35

914.00

Year Low/High

550.00

1243.00

All time Low/High

288.75

1397.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.32%-1.34%-2.33-2.19%
1 Month2.10%2.12%0.410.57%
3 Month-24.02%-24.01%-0.250.52%
6 Month10.79%10.91%10.2412.24%
1 Year56.71%56.69%20.7124.23%
3 Year59.91%59.56%49.3851.51%

Company Info

Company Information

Independent Director : Jagdish Capoor

Independent Director : VINAYAK PRASAD

Director : NEERAJ SWAROOP

Director : Padmaja Gangireddy

Registered Office: PNo 31&32 Ramky SeleniumTowers, Tower A Gr Fl Nanakramguda,Hyderabad,Telangana-500032 Ph: 91-40-48126666

Email:contact@spandanasphoorty.com; secretarial@spandana

URL:http://www.spandanasphoorty.com