Spandana Sphoorty Financial Ltd Partly Paidup (SSFLPP) — concall transcript | 30 September 2025

Spandana Sphoorty Financial reported strong Q2 FY26 execution with collection efficiency at 98.7% in September and 98.5% in October, disbursements rising to Rs. 934 crores from Rs. 280 crores in Q1, and portfolio yield at 19.6% with NIM of 8.4%. Cash reserves stood at 21% of assets and CRAR at 47%, while new book delinquency remained low at 0.1%. Credit cost flows improved from 2.5-3% to 1.5%, and the company raised Rs. 598 crores debt and closed a rights issue, ending the quarter with Rs. 1,270 crores liquidity. Target monthly disbursements are Rs. 500+ crores in Q3 and Rs. 700+ crores in Q4, with portfolio mix shifting toward secured lending.