10.75%Spandana Sphoorty Financial Limited 24 Mar 2025
ISIN:
INE572J07646
Taxable
Tax Category
24 Mar, 2025
Maturity Date
(6 Mo 13 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
06 Oct, 2023
Allotment Date
NA
Put Date
06 Jun, 2024
Next Interest Payment Date
7 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Spandana Sphoorty Financial Limited
Spandana Sphoorty Financial Limited was incorporated in 2003 as a NBFC and it took over the microfinance operations of Spandana, a non-governmental organisation started by Ms. Padmaja Reddy in 1998. The company was classified as a NBFC– microfinance institution in 2015.
The ratio in FY24 is 5.83x and it was 12.48x in FY23. This is indicating decrease in the debt level due to huge increase in profitability which is driven by AUM growth and improvement in asset quality in FY24.
Debt/EBITDA
The ratio in FY24 is 1.70x and it was 1.04x in FY23, indicating increase in debt servicing ability of the issuer to huge increase in the profitability which is driven by improvement in the asset quality and AUM growth in FY24.
Interest coverage ratio
Recent News
Spandana Sphoorty board to mull NCD
Mar 26, 2024 | Spandana Sphoorty Financial Limited
Spandana Sphoorty Financial net profit jumps 79% to Rs 127 crore
Mar 26, 2024 | Spandana Sphoorty Financial Limited
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