NSE: SPANDANA | BSE: 542759

Mid-range Performer

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243.15 0.45 (0.19%)

59.82% Fall from 52W High

74,907 NSE+BSE Volume

NSE 29 Aug, 2025 3:31 PM (IST)

1,944.5

Market Cap

Below industry Median

1.4

Beta 1Year

Very High Volatility

Spandana Sphoorty Financial Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SPANDANA, BSE:542759 Spandana Sphoorty Financial Ltd.

Spandana Sphoorty Financial Ltd.

31 Oct 2023, 12:00AM

243.15

0.19%

Strong AUM growth; high other income drives earnings beat

Buy: Spandana Sphoorty Financia...

Target

Motilal Oswal

Spandana Sphoorty Fi.. has an average target of 280.00 from 1 broker.

Spandana Sphoorty Financial Ltd.

31 Oct 2023, 12:00AM

243.15

0.19%

RoA sustains at >5% for third consecutive quarter; RoE expands to 15%

Buy: Spandana Sphoorty Financia...

ICICI Securities Limited

Since the new management took charge in Mar’22, Spandana Spoorthy (Spandana) embarked on a transformation journey to build a long-term sustainable micro-finance business model. Ever since, Spandan’s earnings trajectory kept improving (all the past six quarters) – RoA expanding to 5.5% by Q2FY24, from 2.9% in Q2FY23; RoE expanding to 15% by Q2FY24, from 8% in Q2FY23.

Number of FII/FPI investors decreased from 80 to 71 in Jun 2025 qtr

Spandana Sphoorty Financial Ltd.

25 Jul 2023

243.15

0.19%

Strong profitability aided by benign credit costs

Buy: Spandana Sphoorty Financia...

Motilal Oswal

Spandana Sphoorty Fi.. has an average target of 280.00 from 1 broker.

Spandana Sphoorty Financial Ltd.

25 Jul 2023

243.15

0.19%

Improving trajectory in earnings sustained with RoA expanding to industry-leading 5.9%

Buy: Spandana Sphoorty Financia...

Target

ICICI Securities Limited

Since the new management took charge in Mar’22, Spandana Spoorthy (Spandana) has embarked on a transformation journey to build a sustainable long-term microfinance lending model. In all 5 quarters since then, earnings trajectory kept on improving and in Q1FY24 its RoA expanded to 5.9% vs 5.1% in Q4FY23, 3.7% in Q3FY23, 2.9% in Q2FY23 and net loss in Q1FY23.

Spandana Sphoorty Fi.. has an average target of 280.00 from 1 broker.

Spandana Sphoorty Financial Ltd.

06 Jul 2023

243.15

0.19%

Moving to the most preferred ‘Weekly Collection’ model

Buy: Spandana Sphoorty Financia...

ICICI Securities Limited

Spana Spandana Sphoorty (Spandana) has embarked on a transformation journey to build a sustainable long-term micro-finance lending model since the management change in Mar’22.

Number of FII/FPI investors decreased from 80 to 71 in Jun 2025 qtr

Spandana Sphoorty Financial Ltd.

25 May 2023

243.15

0.19%

Strong growth likely to sustain; stressed asset formation being subsidised to ensure lower credit cost

Buy: Spandana Sphoorty Financia...

ICICI Securities Limited

We hosted Mr. Ashish Damani (president & CFO) and Mr. Vishal Sharma (chief operating officer) at our Singapore conference on 23rd May’23. Management highlighted that Spandana Sphoorty’s (Spandana) underlying business trend remains strong and the company is well positioned to sustain its current AUM growth momentum (it delivered 29% YoY AUM growth in FY23).

Spandana Sphoorty Fi.. has an average target of 280.00 from 1 broker.

Spandana Sphoorty Financial Ltd.

03 May 2023

243.15

0.19%

Successful delivery as per guidance in FY23; on strong footing to sustain performance in FY24E

Buy: Spandana Sphoorty Financia...

Target

ICICI Securities Limited

Spandana Sphoorty’s (Spandana) Q4FY23 / FY23 operating performance is an indication of the new management’s successful execution of redefined business strategies and delivery as per guidance.

Spandana Sphoorty Fi.. has an average target of 280.00 from 1 broker.

Spandana Sphoorty Financial Ltd.

01 Feb 2023

243.15

0.19%

Shifting focus from consolidation to growth; credit cost to normalise at <2% within a couple of quarters

Buy: Spandana Sphoorty Financia...

ICICI Securities Limited

Spandana Sphoorty’s (Spandana) Q3FY23 financial performance has to be seen in the context of it sustaining the improving trend across business parameters and delivering as per the guidance. At the same time, it is continuing its efforts on building robust platform to ensure sustainable customer-led growth, containing forward flow in PAR portfolio, rebuilding liability engine and strengthening the management team.

Spandana Sphoorty Financial Ltd. is trading below all available SMAs

Spandana Sphoorty Financial Ltd.

18 Oct 2022

243.15

0.19%

Gradually approaching business normalcy; credit cost trajectory the key monitorable

Buy: Spandana Sphoorty Financia...

Target

ICICI Securities Limited

Q2FY23 was a quarter of consolidation for Spandana Sphoorty (Spandana) with focus on.

Spandana Sphoorty Financial Ltd. has lost -58.67% in the last 1 Year

Spandana Sphoorty Financial Ltd.

05 Aug 2022

243.15

0.19%

Earnings marred by accelerated write-offs; medium-term outlook intact

Buy: Spandana Sphoorty Financia...

Target

ICICI Securities Limited

Spandana Sphoorty’s (Spandana) Q1FY23 financial performance was marred by management’s decision to write-off pre-covid related stress to the tune of Rs7bn. However, credit quality and book performance (post write-offs) appear to be in a much better shape – PAR 31-90 @3.5% and collection in restructured book stood at 80% as on June’22.

Number of FII/FPI investors decreased from 80 to 71 in Jun 2025 qtr

VOTE: Is Spandana Sphoorty Financial Ltd. worth buying?

149 Votes:

Buy 85.91%

Sell 6.04%

Hold 8.05%

RESEARCH REPORTS

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Buy SEE REPORTS >

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