Spandana Sphoorty Financial Limited (SPANDANA) - Net Assets
Based on the latest financial reports, Spandana Sphoorty Financial Limited (SPANDANA) has net assets worth Rs22.27 Billion INR (≈ $240.86 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs56.79 Billion ≈ $614.18 Million USD) and total liabilities (Rs34.52 Billion ≈ $373.33 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Spandana Sphoorty Financial Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs22.27 Billion |
| % of Total Assets | 39.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | -4.28% |
| 10-Year Change | 1330.43% |
| Growth Volatility | 123.72 |
Spandana Sphoorty Financial Limited - Net Assets Trend (2013–2025)
This chart illustrates how Spandana Sphoorty Financial Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Spandana Sphoorty Financial Limited for the complete picture of this company's asset base.
Annual Net Assets for Spandana Sphoorty Financial Limited (2013–2025)
The table below shows the annual net assets of Spandana Sphoorty Financial Limited from 2013 to 2025. For live valuation and market cap data, see SPANDANA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs26.33 Billion ≈ $284.78 Million |
-27.75% |
| 2024-03-31 | Rs36.45 Billion ≈ $394.18 Million |
+17.61% |
| 2023-03-31 | Rs30.99 Billion ≈ $335.17 Million |
+0.30% |
| 2022-03-31 | Rs30.90 Billion ≈ $334.17 Million |
+12.32% |
| 2021-03-31 | Rs27.51 Billion ≈ $297.52 Million |
+4.71% |
| 2020-03-31 | Rs26.27 Billion ≈ $284.13 Million |
+38.98% |
| 2019-03-31 | Rs18.90 Billion ≈ $204.44 Million |
+35.93% |
| 2018-03-31 | Rs13.91 Billion ≈ $150.39 Million |
+49.92% |
| 2017-03-31 | Rs9.28 Billion ≈ $100.31 Million |
+403.87% |
| 2016-03-31 | Rs1.84 Billion ≈ $19.91 Million |
+608.76% |
| 2015-03-31 | Rs-361.84 Million ≈ $-3.91 Million |
-237.82% |
| 2014-03-31 | Rs-107.11 Million ≈ $-1.16 Million |
-2.16% |
| 2013-03-31 | Rs-104.85 Million ≈ $-1.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Spandana Sphoorty Financial Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 767731780900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs713.10 Million | 2.71% |
| Other Comprehensive Income | Rs1.82 Billion | 6.92% |
| Other Components | Rs27.27 Billion | 103.56% |
| Total Equity | Rs26.33 Billion | 100.00% |
Spandana Sphoorty Financial Limited Competitors by Market Cap
The table below lists competitors of Spandana Sphoorty Financial Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emmerson Resources Ltd
AU:ERM
|
$175.84 Million |
|
PKP Cargo S.A.
WAR:PKP
|
$175.89 Million |
|
ICP DAS Co Ltd
TWO:3577
|
$175.93 Million |
|
Newmax Technology Co Ltd
TWO:3630
|
$175.95 Million |
|
Multi Spunindo Jaya Tbk.
JK:MSJA
|
$175.79 Million |
|
Hyundai Bngste
KO:004560
|
$175.76 Million |
|
Suryoday Small Finance Bank Limited
NSE:SURYODAY
|
$175.74 Million |
|
Paragon Care Ltd
AU:PGC
|
$175.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spandana Sphoorty Financial Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,446,000,000 to 26,330,500,000, a change of -10,115,500,000 (-27.8%).
- Net loss of 10,351,000,000 reduced equity.
- Share repurchases of 4,400,000 reduced equity.
- New share issuances of 4,400,000 increased equity.
- Other comprehensive income increased equity by 186,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-10.35 Billion | -39.31% |
| Share Repurchases | Rs4.40 Million | -0.02% |
| Share Issuances | Rs4.40 Million | +0.02% |
| Other Comprehensive Income | Rs186.40 Million | +0.71% |
| Other Changes | Rs49.10 Million | +0.19% |
| Total Change | Rs- | -27.75% |
Book Value vs Market Value Analysis
This analysis compares Spandana Sphoorty Financial Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs-5.41 | Rs227.98 | x |
| 2014-03-31 | Rs-2.69 | Rs227.98 | x |
| 2015-03-31 | Rs-6.01 | Rs227.98 | x |
| 2016-03-31 | Rs30.60 | Rs227.98 | x |
| 2017-03-31 | Rs154.17 | Rs227.98 | x |
| 2018-03-31 | Rs231.14 | Rs227.98 | x |
| 2019-03-31 | Rs323.20 | Rs227.98 | x |
| 2020-03-31 | Rs416.42 | Rs227.98 | x |
| 2021-03-31 | Rs425.75 | Rs227.98 | x |
| 2022-03-31 | Rs476.58 | Rs227.98 | x |
| 2023-03-31 | Rs436.93 | Rs227.98 | x |
| 2024-03-31 | Rs505.09 | Rs227.98 | x |
| 2025-03-31 | Rs369.25 | Rs227.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spandana Sphoorty Financial Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -39.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -47.92%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.23x
- Recent ROE (-39.31%) is below the historical average (15.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | -0.47x | 0.00x | Rs-11.62 Billion |
| 2014 | 0.00% | 37.32% | 0.08x | 0.00x | Rs653.75 Million |
| 2015 | 0.00% | 35.24% | 0.13x | 0.00x | Rs1.09 Billion |
| 2016 | 132.13% | 70.86% | 0.16x | 11.41x | Rs2.25 Billion |
| 2017 | 47.80% | 118.48% | 0.19x | 2.08x | Rs3.51 Billion |
| 2018 | 13.52% | 32.70% | 0.15x | 2.71x | Rs488.82 Million |
| 2019 | 16.50% | 30.59% | 0.21x | 2.61x | Rs1.23 Billion |
| 2020 | 13.38% | 27.80% | 0.21x | 2.28x | Rs888.64 Million |
| 2021 | 5.28% | 10.71% | 0.16x | 3.12x | Rs-1.30 Billion |
| 2022 | 2.25% | 5.02% | 0.20x | 2.29x | Rs-2.39 Billion |
| 2023 | 0.40% | 0.97% | 0.14x | 3.03x | Rs-2.98 Billion |
| 2024 | 13.74% | 22.59% | 0.17x | 3.67x | Rs1.36 Billion |
| 2025 | -39.31% | -47.92% | 0.25x | 3.23x | Rs-12.98 Billion |
Industry Comparison
This section compares Spandana Sphoorty Financial Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $36,896,520,071
- Average return on equity (ROE) among peers: 9.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spandana Sphoorty Financial Limited (SPANDANA) | Rs22.27 Billion | 0.00% | 1.55x | $175.80 Million |
| Akme Fintrade India Ltd (AFIL) | $1.30 Billion | 0.00% | 2.50x | $41.31 Million |
| Arman Financial Services Limited (ARMANFIN) | $392.47 Million | 15.69% | 2.49x | $169.77 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $19.08 Million |
| Bajaj Finance Limited (BAJFINANCE) | $48.00 Billion | 18.71% | 5.84x | $62.99 Billion |
| Capri Global Capital Limited (CGCL) | $13.83 Billion | 9.81% | 2.09x | $1.94 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $195.93 Billion | 17.46% | 7.00x | $14.26 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $39.31 Billion | 10.79% | 6.73x | $3.16 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $69.56 Billion | 7.64% | 3.00x | $2.25 Billion |
| CSL Finance Limited (CSLFINANCE) | $983.69 Million | 13.27% | 0.12x | $55.14 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-453.82 Million | 0.00% | 0.00x | $1.13 Million |
About Spandana Sphoorty Financial Limited
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.