Spandana Sphoorty Financial Limited (SPANDANA) — Announcement | 3 July 2026

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📢 Key Event
Care Ratings reaffirms Spandana's credit ratings with Stable outlook

🔄 What Changed
Gross stage-3 loans reduced to 4.2% and CRAR improved to 35.9% from prior periods

🔮 What's Next
Monitor AUM growth, ROMA >2%, and borrowing cost reduction

💡 Investor Takeaway
The stable rating validates progress but persistent losses and shrinking AUM remain key concerns for shareholders.

Spandana Sphoorty Financial Limited received a stable credit rating reaffirmation from Care Ratings on July 3, 2026, highlighting improved capital adequacy (35.9%) and asset quality (gross stage-3 loans at 4.2%), but flagged persistent losses (₹1,035 crore FY25), elevated borrowing costs (12.6%), and covenant breaches on ₹36 crore debt amid shrinking AUM.

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About Spandana Sphoorty Financial Limited (SPANDANA)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,863.92 Cr P/E: -4.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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