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Spandana Sphoorty Financial Limited (SPANDANA) Fair Value & Analysis

Financial Services · IN · Market cap ₹25.7B

SS Spandana Sphoorty Financial Limited SPANDANA · NSE
Price₹301.80
Fair Value₹200.08
Upside-33.7%
Quality48/100
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Evidence: Low Range ₹149.32 – ₹298.63

Fair value as of: Jul 3, 2026

From 1 valuation models · updated today

Share price +17.5% over the past month.

Price vs Fair Value (12 months)

₹318.45 ₹184.15 Fair Value ₹200.08 Jul 2025 Jul 2026

12‑month range ₹184.15 – ₹318.45 · fair‑value band ₹149.32 – ₹298.63 · the ₹301.80 price screens above the ₹200.08 fair value. As of Jul 3, 2026.

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Analysis

Spandana Sphoorty Financial Limited (SPANDANA) currently trades at ₹301.80, while our model-based Fair Value estimate is ₹200.08 — implying the stock looks roughly 33.7% overvalued today. We read business quality at 48/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Revenue grew 256.0% year over year. It earns a return on equity of -29.4%. Net debt stands at ₹26.7B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) −₹1.6B
Revenue growth (YoY) +256%
Return on equity -29.4%
Free cash flow −₹13.0B FY2026
Operating margin 4.7%
EPS (TTM) ₹-91.01
More key figures
EPS growth (YoY) -53.9%
Net debt ₹26.7B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Spandana Sphoorty Financial Limited engages in the microfinance business in India. The company provides joint liability group based microfinance for women entrepreneurs; loans against the property; nano enterprise loans; and individual loans. It serves low-income customers in semi-urban and rural areas. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Spandana Sphoorty Financial Limited reported revenue of ₹10.7B in FY2026 versus ₹13.8B in FY2022, a compound −6.3%/yr. Reported net income was −₹7.0B in FY2026.

Revenue −6.3%/yr
FY22 ₹13.8B
FY23 ₹12.7B
FY24 ₹22.2B
FY25 ₹21.6B
FY26 ₹10.7B
Net income
FY22 ₹695M
FY23 ₹123M
FY24 ₹5.0B
FY25 −₹10.4B
FY26 −₹7.0B

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6 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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American Express Company AXP C$28.87 C$17.03 -41%
Capital One Financial Corporation COF $200.70 $125.08 -38%
Bajaj Finance Limited BAJFINANCE ₹884.10 ₹604.72 -32%
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Frequently asked questions

Is Spandana Sphoorty Financial Limited (SPANDANA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹200.08 versus a price of ₹301.80 — about −34% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SPANDANA?
Our model-based fair value for Spandana Sphoorty Financial Limited is ₹200.08 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹301.80.
What is the quality score of SPANDANA?
Spandana Sphoorty Financial Limited has a Quality Score of 48/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of SPANDANA?
The net profit margin of Spandana Sphoorty Financial Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.