Spandana Sphoorty Financial Limited
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. Registered Finance company Spandana Sphoorty Financial Ltd is registered as...
Key Metrics
EPS
70.22
Current ratio
4.24
Debt/Equity
2.67
Debt/EBITDA
14.09
Interest coverage ratio
-
Operating Cashflow to total debt
-0.28
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Significant scale-up of operations while maintaining credit cost remaining below 2%.
Substantially diversifying lender mix with the company able to raise funds at competitive rates
Improving profitability
Improvement in asset quality
Liquidity: Adequate
Cons
Weakness in capitalisation profile with asset under management (AUM) to net worth rising 5x.
Weakness in profitability with return on total assets (RoTA) below 2.5%.
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About Spandana Sphoorty Financial Limited bond.
This comprehensive profile covers key factual information about Spandana Sphoorty Financial Limited. 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. Registered Finance company Spandana Sphoorty Financial Ltd is registered as a NBFC-MFI with the Reserve Bank of India (RBI). They are recognized as India's largest Microfinance Institution in terms of PAT and the sixth largest across the globe. EPS in Mar-2024 was 70.22. Current ratio in Mar-2024 was 4.24. Debt/Equity in Mar-2024 was 2.67. Debt/EBITDA in Mar-2024 was 14.09. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.28. Total revenue for Mar-2025 (E) was ₹3587.98. Net income for Mar-2025 (E) stood at ₹987.68. Total assets as of Mar-2024 were ₹13382.53. Total liabilities as of Mar-2024 were ₹9737.64. Operating cash flow for Mar-2024 was ₹-2706.86. The company’s borrowing relationships include IDFC First Bank Limited (₹N/A Cr), JM Financial Credit Solutions Limited (₹N/A Cr), JM Financial Products Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), Proposed (₹N/A Cr), RBL Bank Limited (₹N/A Cr), Standard Chartered Bank (₹N/A Cr), The Hongkong and Shanghai Banking Corporation Limited (₹N/A Cr), Yes Bank Limited (₹N/A Cr). Peers and comparison entities consist of Spandana Sphoorty Financial Limited, Bajaj Finance Limited, Jio Financial Services Limited, Shriram Finance Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Significant scale-up of operations while maintaining credit cost remaining below 2%.; Substantially diversifying lender mix with the company able to raise funds at competitive rates; Improving profitability; Improvement in asset quality; Liquidity: Adequate. Key risks include: Weakness in capitalisation profile with asset under management (AUM) to net worth rising 5x.; Weakness in profitability with return on total assets (RoTA) below 2.5%.. Leadership team details include Abanti Mitra (Chairman & Independent Director), Animesh Chauhan (Independent Director), Ashish Kumar Damani (CFO & President), Deepak Calian Vaidya (Independent Director), Dipali Hemant Sheth (Independent Director), Neeraj Swaroop (Non Executive & Nominee Director), Ramachandra K Kamath (Non Executive & Nominee Director), Saakshi Gera (Non Executive & Nominee Director), Shalabh Saxena (Managing Director & CEO), Sunish Sharma (Non Executive & Nominee Director), Vinay Prakash Tripathi (Company Secretary & Compliance Officer), Vinayak Prasad (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.