Spandana Sphoorty Financial share price today

Spandana Sphoorty Financial Ltd's share price was ₹182.49 at the close on 4 November 2026. It has been falling for 7 weeks. That is 25.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹178 and ₹306, and at that close it sat 3% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Spandana Sphoorty Financial Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 11 weeks running.

Over the last 7.2 years the share price moved −77% while the NIFTY 500 moved +144%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue grew again in the September 2026 quarter, foreign funds (FIIs) cut their stake for 3 quarters in a row and profit up on a year earlier for 4 quarters in a row.

1. Revenue grew again in the September 2026 quarter

   Revenue was ₹325 crore, +41.3% on a year earlier (₹230 crore), after 7 quarters of decline.

   Why: Revenue rose because the company added many more borrowers, including people who had never borrowed before.

   Next results: check if borrower additions keep rising, since management's growth plan relies on new customers.

   From the earnings call on 30 Oct 2026.

2. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 20.4% to 17.9% of the company by the September 2026 quarter.

3. Profit up on a year earlier for 4 quarters in a row

   In the September 2026 quarter profit was ₹18 crore, +107.2% on a year earlier.

   Why: Profit rose because the company earned more from its main lending business and got money back from old loans.

   Next results: check whether credit costs stay near the bare minimum, since management would not give a number.

   From the earnings call on 30 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Spandana Sphoorty Financial reported total income of ₹325 crore, up 41.3% from ₹230 crore a year earlier, and a profit of ₹18.0 crore, against a loss of ₹249 crore a year earlier.

Spandana Sphoorty Financial results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Spandana Sphoorty Financial's management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

Spandana Sphoorty Financial closed at ₹182.49 on 4 November 2026, down 24.2% from ₹240.90 a year earlier (7 November 2025) and down 65.9% over five years. Its highest weekly close since August 2019 was ₹1,269.76 on 8 November 2019.

Spandana Sphoorty Financial share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

383 weekly closes from 23 August 2019 to 4 November 2026.

4 Nov 2026: Spandana Sphoorty Financial closed at ₹182.49, down 3.5% on the week and down 15.6% on the month. 30 Oct 2026: Spandana Sphoorty Financial held its results call for July to September 2026. Management guided: FY27 AUM above ₹6,000 crore and disbursements ₹6,000-6,500 crore reaffirmed.

Earlier

• Results for July to September 2026: Total income up 41.3% on a year earlier.

Spandana Sphoorty Financial has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Spandana Sphoorty Financial Ltd paid out 0% of its profit as dividends in each of its last 9 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Spandana Sphoorty Financial's management guided: FY27 AUM above ₹6,000 crore and disbursements ₹6,000-6,500 crore reaffirmed.

“However, in a business-as-usual environment, and that BAU is from FY27 onwards, we feel we should get to an ROA of 3.5% to 4%, which is what we have stated, and we are very confident that this will play out.”Ashish Damani, on the call for July to September 2026

What management guided

• FY27 opex ₹675 crore unchanged with overall opex not rising.
• AUM ₹10,000 crore by Mar 2028 with high low-base yearly growth acknowledged.
• Micro-LAP book ₹1,000 crore in 2-3 years with no new states next year.
• BAU ROA 3.5%-4% and ROE 14%-15% at 4x gearing from FY27 onwards.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When Spandana Sphoorty Financial reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Maharashtra X-bucket staying at flagged level through November with first signals due before Dec-Jan clarity window.

Spandana Sphoorty Financial is not on any of our India lists this week.

Spandana Sphoorty Financial Ltd earned ₹18.0 Cr of net profit in the Sep 2026 quarter. The full FY26 year was a loss of ₹699 Cr. That is 5.5% of the quarter's revenue. The same quarter a year earlier lost ₹249 Cr. 6 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Spandana Sphoorty Financial Ltd reported ₹325 Cr of income in the Sep 2026 quarter, +41.3% on the same quarter a year earlier. Over 8 years it has grown 7.2% a year on average. The last full year, FY26, came in at ₹1,024 Cr. The last four reported quarters add to ₹1,103 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

FY26 revenue was ₹1,024 Cr, −56.5% on the year before.

Recent pace: the last four quarters grew −14.7% on average, against 7.2% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −26.3%, against −36.0% a year over the last 8 quarters (accelerating).

Spandana Sphoorty Financial Ltd's net margin was 5.5% in the Sep 2026 quarter, 113.8 percentage points higher than the same quarter a year ago. Across 9 years it has been between −68.3% and 32.0%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Spandana Sphoorty Financial Ltd's gross NPA, the share of loans that have stopped being repaid, is 3.60% in Jun 2026, down from 5.49% a year ago. After the money already set aside for bad loans, 0.70% is left (net NPA). That is the 3rd quarter in a row of improvement.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Across the 11 quarters on file it has been between 1.50% and 5.63%. Falling bad loans mean the loan book is healing; rising ones mean new damage.

In Jun 2026, gross NPA was 3.60% and net NPA 0.70%, against 5.49% and 1.15% a year ago.

The bad-loan figures stop at Jun 2026, and our data does not yet carry gross and net NPA for the quarters after it, although results up to Sep 2026 are in. They are shown as filed, not estimated.

In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.

Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.

Spandana Sphoorty Financial Ltd's revenue was ₹1,024 Cr in FY26, −56.5% on the year before, so the loan book is not growing. The latest quarter was +41.3% on a year earlier. The net margin on that income is 5.5%, +113.8 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Spandana Sphoorty Financial Ltd's P/BV is 0.7×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/BV (the middle reading) is 1.5×, over 7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about −29% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve.

Where the price move came from: over 5 years the price moved −19.4% a year; about −4.9% a year came from book-value growth and about −14.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 6.9% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Spandana Sphoorty Financial Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Spandana Sphoorty Financial Ltd earned a return on equity of −29% in FY26. Its lowest yearly reading on file was −33% in FY25. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together.

Two numbers rate a bank: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets. An ROE above about 13 to 15% is healthy; below that, net worth grows slowly.

Return on assets is left out here, because its two sources disagree for this quarter. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is.

Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data.

The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 6.9% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead.

For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here.

Promoters cut their stake in Spandana Sphoorty Financial Ltd by 7.7 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 48.2% of the company. Foreign institutions moved −4.8 points over the same period, to 17.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −7.7 points over 8 quarters, to 48.2%; Foreign institutions: −4.8 points over 8 quarters, to 17.9%; Domestic institutions: −1.6 points over 8 quarters, to 5.7%.

Why the owners changed: promoters drove it (−7.7 points), together with foreign institutions (−4.8 points). They reduced their stake.

For Spandana Sphoorty Financial Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

36.2 out of 100, rank 6 of 7 in Finance & Investments - Microfinance, with 61% of the evidence available.

Spandana Sphoorty Financial Ltd scores 36.2 out of 100 against the 7 companies it is compared with in Finance & Investments - Microfinance, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 14.6 + 4.2 + 9.2 + 8.2 = 36.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

Spandana Sphoorty Financial ranks 6 of 7 Finance & Investments - Microfinance companies on the 4-Factor Sector Score, with 36.2 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Finance & Investments - Microfinance, all 7 compared on one page.

Spandana Sphoorty Financial is the 6th largest of 7 Finance & Investments - Microfinance companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: CreditAccess Grameen, Northern Arc Capital, Satin Creditcare Network, Muthoot Microfin and Fusion Finance. Just below it: Arman Financial Services.

Finance & Investments - Microfinance companies close in size

1. CreditAccess Grameen Ltd ₹17,649 crore
2. Northern Arc Capital Ltd ₹4,091 crore
3. Satin Creditcare Network Ltd ₹2,879 crore
4. Muthoot Microfin Ltd ₹2,300 crore
5. Fusion Finance Ltd ₹2,093 crore
6. Spandana Sphoorty Financial Ltd ₹1,993 crore
7. Arman Financial Services Ltd ₹1,495 crore

All 7 Finance & Investments - Microfinance companies, largest first

Companies close in size in other industries

1245. Beta Drugs Ltd ₹2,000 crore · Pharma - API
1246. Elcid Investments Ltd ₹2,000 crore · Finance - Holding Company
1247. Spandana Sphoorty Financial Ltd ₹1,993 crore
1248. Arkade Developers Ltd ₹1,988 crore · Realty - Regional
1249. MV Electrosystems Ltd ₹1,988 crore

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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