Spandana Sphoorty Financial Limited

Founded in 2003 and headquartered in Telangana, India.

2003 | K.V.Rangareddy, Telangana (India) | Active
Last Updated: July 02, 2024

Spandana Sphoorty Financial Profile

Key Indicators

  • Authorised Capital ₹ 2,150.00 Cr
  • Paid Up Capital ₹ 71.31 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,459.14 Cr
  • Satisfied Charges ₹ 20,763.24 Cr
  • Revenue Growth 0.21%
  • Profit Growth -73.55%
  • Ebitda -19.28%
  • Net Worth 0.38%
  • Total Assets 33.83%

About Spandana Sphoorty Financial

Spandana Sphoorty Financial Limited (SSFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 March 2003 and has a history of 21 years and ten months. Its registered office is in K.V.Rangareddy, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542759 and on the National Stock Exchange(NSE) under SPANDANA.

The Corporate was formerly known as Spandana Sphoorty Innovative Financial Services Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2,150.00 Cr and a paid-up capital of Rs 71.31 Cr.

The company currently has active open charges totaling ₹10,459.14 Cr. The company has closed loans amounting to ₹20,763.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Spandana Sphoorty Financial Limited India are Vinay Tripathi as Company Secretary, Shalabh Saxena as Ceo, and Ashish Damani as Cfo. Neeraj Swaroop, Sunish Sharma, Deepak Vaidya, and Seven other members serve as directors at the Company.

Company Details

  • Location

    K.V.Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65929TG2003PLC040648

  • Company No.

    040648

  • Stock Symbol

    BSE : 542759 NSE : SPANDANA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2003

  • Date of AGM

    01 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Spandana Sphoorty Financial?

Executive Team (3)

NameDesignationAppointment DateStatus
Shalabh Saxena Country flag representing In Managing Director19-Mar-2022Current
Vinay Tripathi Company Secretary20-Feb-2024Current
Ashish Damani Country flag representing In CFO19-Mar-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
Sunish Sharma Country flag representing In Nominee Director 31-Mar-2017Current
Dipali Sheth Country flag representing In Director 02-May-2023Current
Neeraj Swaroop Country flag representing In Nominee Director 04-Aug-2022Current
Ramchandra Kamath Country flag representing In Nominee Director 04-May-2017Current
Abanti Mitra Country flag representing In Director 20-Nov-2012Current
Deepak Vaidya Country flag representing In Director 06-Jun-2018Current

Financial Performance of Spandana Sphoorty Financial.

Spandana Sphoorty Financial Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.21% increase. The company also saw a substantial fall in profitability, with a 73.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
0.21%
Revenue from Operations
-3.46%
Total Assets
33.83%
Profit or Loss
-73.55%
Net Worth
0.38%
EBITDA
-19.28%

What is the Ownership and Shareholding Structure of Spandana Sphoorty Financial?

In 2023, Spandana Sphoorty Financial had a promoter holding of 63.00% and a public holding of 36.99%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,459.14 Cr

Satisfied Charges

₹20,763.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 8150.64 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 790.00 Cr
  • Sidbi : 500.00 Cr
  • Yes Bank Limited : 350.00 Cr
  • Standard Chartered Bank : 318.50 Cr
  • Others : 350.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Others₹200.00 CrOpen
27 Mar 2024Others₹100.00 CrOpen
20 Mar 2024Others₹225.00 CrOpen
18 Mar 2024Others₹175.00 CrOpen
15 Mar 2024Others₹250.00 CrOpen

How Many Employees Work at Spandana Sphoorty Financial?

Spandana Sphoorty Financial has a workforce of 11791 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spandana Sphoorty Financial, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spandana Sphoorty Financial's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Spandana Sphoorty Financial

Recent activity within the organization

  • Charges

    A charge registered on 30 Sep 2022 via Charge ID 100619556 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge registered on 30 Sep 2022 via Charge ID 100619558 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge registered on 30 Sep 2022 via Charge ID 100619559 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge registered on 30 Sep 2022 via Charge ID 100621111 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100891108 was registered on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100900694 was registered on 27 Mar 2024.

    27 Mar 2024

Frequently asked questions

  • Spandana Sphoorty Financial Limited was incorporated on 10 Mar 2003.

  • The authorized share capital of Spandana Sphoorty Financial Limited is ₹ 2,150.00 Cr and paid-up capital is ₹ 71.31 Cr.

  • Currently 13 directors are associated with Spandana Sphoorty Financial Limited.

    • Neeraj Swaroop
    • Sunish Sharma
    • Deepak Calian Vaidya
    • Ramchandra Kasargod Kamath
    • Animesh Chauhan
    • Abanti Mitra
    • Vinayak Prasad
    • Dipali Hemant Sheth
    • Kartikeya Dhruv Kaji
    • Shalabh Saxena
    • Vinay Prakash Tripathi
    • Shalabh Saxena
    • Ashish Kumar Damani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spandana Sphoorty Financial Limited is Plot No: - 31 & 32 Ramky Selenium Towers Tower A, Ground Floor Financial Dist Nanakramguda, Hyderabad, Telangana, India, 500032.

  • The corporate identification number (CIN) of Spandana Sphoorty Financial Limited is L65929TG2003PLC040648 and the company number is 040648 as per Ministry of Corporate Affairs (MCA).

  • Yes, Spandana Sphoorty Financial Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SPANDANA.

  • The Official website of Spandana Sphoorty Financial Limited is https://www.spandanaindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spandana Sphoorty Financial Limited has risen by 0.21%.

  • As Per 2023 financial reports, 11791 employees are currently employed by Spandana Sphoorty Financial Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spandana Sphoorty Financial Limited has experienced an upsurge of 0.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spandana Sphoorty Financial Limited amount to ₹ 10,459.14 Cr.

  • The most recent Balance Sheet for Spandana Sphoorty Financial Limited was filed with the ROC on 31 Mar 2023.

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