Span Divergent (524727) 주식 개요스팬 다이버전트 리미티드는 자회사를 통해 인도에서 식품, 농업, 생명과학 사업을 영위하고 있습니다. 자세히 보기524727 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성6/6배당0/6위험 분석의미 있는 시가총액이 없습니다(₹269M)지난 1년 동안 주주가 크게 희석되었습니다.주식은 유동성이 매우 낮습니다의미 있는 수익이 없습니다(₹172M)모든 위험 점검 보기524727 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW487,572 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG487,572 investors already sharing narrativesYour Fair Value₹Current Price₹36.99780.7% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-125m241m2016201920222025202620282031Revenue ₹194.1mEarnings ₹13.3mAdvancedSet Fair ValueView all narrativesSpan Divergent Limited 경쟁사Solvex EdiblesSymbol: BSE:544539Market cap: ₹208.8mTyroon TeaSymbol: BSE:526945Market cap: ₹294.3mPrima IndustriesSymbol: BSE:531246Market cap: ₹178.2mKanco Tea & IndustriesSymbol: BSE:541005Market cap: ₹246.3m가격 이력 및 성과Span Divergent 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₹36.9952주 최고가₹51.4952주 최저가₹19.01베타-0.621개월 변동-3.92%3개월 변동0.87%1년 변동56.67%3년 변동170.59%5년 변동165.35%IPO 이후 변동73.46%최근 뉴스 및 업데이트공고 • Jun 01Span Divergent Limited, Annual General Meeting, Sep 28, 2026Span Divergent Limited, Annual General Meeting, Sep 28, 2026.Reported Earnings • Jun 01Full year 2026 earnings released: ₹5.38 loss per share (vs ₹1.68 loss in FY 2025)Full year 2026 results: ₹5.38 loss per share (further deteriorated from ₹1.68 loss in FY 2025). Revenue: ₹185.1m (up 107% from FY 2025). Net loss: ₹25.0m (loss widened 173% from FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.공고 • May 25Span Divergent Limited to Report Q4, 2026 Results on May 30, 2026Span Divergent Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026공고 • Mar 30Span Divergent Limited announced that it has received INR 57.935629 million in fundingOn March 28, 2026, Span Divergent Limited closed the transaction.New Risk • Mar 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-₹92m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (₹253.7m market cap, or US$2.68m). Minor Risk Revenue is less than US$5m (₹131m revenue, or US$1.4m).Reported Earnings • Feb 12Third quarter 2026 earnings released: ₹2.08 loss per share (vs ₹0.39 loss in 3Q 2025)Third quarter 2026 results: ₹2.08 loss per share (further deteriorated from ₹0.39 loss in 3Q 2025). Revenue: ₹40.7m (up 114% from 3Q 2025). Net loss: ₹9.73m (loss widened ₹8.20m from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.더 많은 업데이트 보기Recent updates공고 • Jun 01Span Divergent Limited, Annual General Meeting, Sep 28, 2026Span Divergent Limited, Annual General Meeting, Sep 28, 2026.Reported Earnings • Jun 01Full year 2026 earnings released: ₹5.38 loss per share (vs ₹1.68 loss in FY 2025)Full year 2026 results: ₹5.38 loss per share (further deteriorated from ₹1.68 loss in FY 2025). Revenue: ₹185.1m (up 107% from FY 2025). Net loss: ₹25.0m (loss widened 173% from FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.공고 • May 25Span Divergent Limited to Report Q4, 2026 Results on May 30, 2026Span Divergent Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026공고 • Mar 30Span Divergent Limited announced that it has received INR 57.935629 million in fundingOn March 28, 2026, Span Divergent Limited closed the transaction.New Risk • Mar 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-₹92m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (₹253.7m market cap, or US$2.68m). Minor Risk Revenue is less than US$5m (₹131m revenue, or US$1.4m).Reported Earnings • Feb 12Third quarter 2026 earnings released: ₹2.08 loss per share (vs ₹0.39 loss in 3Q 2025)Third quarter 2026 results: ₹2.08 loss per share (further deteriorated from ₹0.39 loss in 3Q 2025). Revenue: ₹40.7m (up 114% from 3Q 2025). Net loss: ₹9.73m (loss widened ₹8.20m from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.공고 • Feb 05Span Divergent Limited to Report Q3, 2026 Results on Feb 10, 2026Span Divergent Limited announced that they will report Q3, 2026 results on Feb 10, 2026New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Negative equity (-₹92m). Market cap is less than US$10m (₹131.0m market cap, or US$1.48m). Minor Risk Revenue is less than US$5m (₹117m revenue, or US$1.3m).Reported Earnings • Nov 12Second quarter 2026 earnings releasedSecond quarter 2026 results: ₹0.34 loss per share. Revenue: ₹78.6m (up 180% from 2Q 2025). Net loss: ₹1.34m (down 206% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공고 • Nov 03Span Divergent Limited to Report Q2, 2026 Results on Nov 10, 2025Span Divergent Limited announced that they will report Q2, 2026 results on Nov 10, 2025New Risk • Aug 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Negative equity (-₹88m). Revenue is less than US$1m (₹69m revenue, or US$785k). Market cap is less than US$10m (₹119.6m market cap, or US$1.37m). Minor RiskReported Earnings • Aug 13First quarter 2026 earnings releasedFirst quarter 2026 results: ₹0.31 loss per share. Revenue: ₹17.9m (down 52% from 1Q 2025). Net loss: ₹983.0k (loss widened ₹928.0k from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 08Now 24% overvaluedOver the last 90 days, the stock has fallen 8.7% to ₹21.00. The fair value is estimated to be ₹16.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company became loss making.공고 • Aug 06Span Divergent Limited to Report Q1, 2026 Results on Aug 13, 2025Span Divergent Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Aug 13, 2025New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹88m). Market cap is less than US$10m (₹117.4m market cap, or US$1.37m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (₹90m revenue, or US$1.0m).Buy Or Sell Opportunity • Jul 04Now 21% overvaluedOver the last 90 days, the stock has fallen 28% to ₹20.69. The fair value is estimated to be ₹17.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company became loss making.공고 • May 19Span Divergent Limited, Annual General Meeting, Sep 29, 2025Span Divergent Limited, Annual General Meeting, Sep 29, 2025.Reported Earnings • May 17Full year 2025 earnings released: ₹2.33 loss per share (vs ₹1.79 profit in FY 2024)Full year 2025 results: ₹2.33 loss per share (down from ₹1.79 profit in FY 2024). Revenue: ₹101.5m (down 18% from FY 2024). Net loss: ₹9.17m (down 194% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공고 • May 10Span Divergent Limited to Report Q4, 2025 Results on May 16, 2025Span Divergent Limited announced that they will report Q4, 2025 results on May 16, 2025Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹32.48, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 32x in the Consumer Retailing industry in India. Total returns to shareholders of 94% over the past three years.Reported Earnings • Feb 08Third quarter 2025 earnings releasedThird quarter 2025 results: ₹0.39 loss per share. Revenue: ₹23.3m (down 23% from 3Q 2024). Net loss: ₹1.52m (down 226% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공고 • Jan 30Span Divergent Limited to Report Q3, 2025 Results on Feb 07, 2025Span Divergent Limited announced that they will report Q3, 2025 results on Feb 07, 2025Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₹39.15, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 41x in the Consumer Retailing industry in India. Total returns to shareholders of 101% over the past three years.New Risk • Dec 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Negative equity (-₹76m). Market cap is less than US$10m (₹174.7m market cap, or US$2.05m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹122m revenue, or US$1.4m).Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₹31.98, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 41x in the Consumer Retailing industry in India. Total returns to shareholders of 134% over the past three years.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹35.60, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 36x in the Consumer Retailing industry in India. Total returns to shareholders of 161% over the past three years.Reported Earnings • Oct 29Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹30.5m (down 4.2% from 2Q 2024). Net income: ₹1.26m (up ₹3.90m from 2Q 2024). Profit margin: 4.1% (up from net loss in 2Q 2024).공고 • Oct 21Span Divergent Limited to Report Q2, 2025 Results on Oct 28, 2024Span Divergent Limited announced that they will report Q2, 2025 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹24.76, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 33x in the Consumer Retailing industry in India. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹20.05, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 35x in the Consumer Retailing industry in India. Total returns to shareholders of 43% over the past three years.Reported Earnings • Aug 14First quarter 2025 earnings releasedFirst quarter 2025 results: ₹0.16 loss per share. Revenue: ₹38.9m (up 14% from 1Q 2024). Net loss: ₹55.0k (down 103% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공고 • Aug 05Span Divergent Limited to Report Q1, 2025 Results on Aug 13, 2024Span Divergent Limited announced that they will report Q1, 2025 results on Aug 13, 2024Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹34.60, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 42x in the Consumer Retailing industry in India. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹20.76, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 41x in the Consumer Retailing industry in India. Total returns to shareholders of 50% over the past three years.Reported Earnings • May 18Full year 2024 earnings released: EPS: ₹1.43 (vs ₹9.25 loss in FY 2023)Full year 2024 results: EPS: ₹1.43 (up from ₹9.25 loss in FY 2023). Revenue: ₹143.5m (up 15% from FY 2023). Net income: ₹9.76m (up ₹60.3m from FY 2023). Profit margin: 6.8% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.공고 • May 18Span Divergent Limited, Annual General Meeting, Sep 26, 2024Span Divergent Limited, Annual General Meeting, Sep 26, 2024.공고 • May 10Span Divergent Limited to Report Q4, 2024 Results on May 16, 2024Span Divergent Limited announced that they will report Q4, 2024 results on May 16, 2024New Risk • Feb 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Negative equity (-₹85m). Market cap is less than US$10m (₹77.6m market cap, or US$936.1k). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹130m revenue, or US$1.6m).New Risk • Feb 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Negative equity (-₹85m). Market cap is less than US$10m (₹78.1m market cap, or US$940.8k). Minor Risk Revenue is less than US$5m (₹134m revenue, or US$1.6m).Reported Earnings • Feb 13Third quarter 2024 earnings released: EPS: ₹0.12 (vs ₹0.47 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹0.12 (up from ₹0.47 loss in 3Q 2023). Revenue: ₹33.7m (up 1.5% from 3Q 2023). Net income: ₹1.21m (up ₹2.50m from 3Q 2023). Profit margin: 3.6% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.공고 • Feb 12Span Divergent Limited Announces Retirement of DirectorsSpan Divergent Limited announced that at meeting of board of directors held on February 12, 2024, board considered and take note of the retirement of Company's Independent Directors i.e. Mr. Needamangalam Gopalaswami, Mr. Shyamal Ghosh and Mr. Kamlesh N Patel with effect from March 31, 2024 upon completion of their second term of Independent Directors.Reported Earnings • Nov 11Second quarter 2024 earnings released: ₹0.55 loss per share (vs ₹2.91 loss in 2Q 2023)Second quarter 2024 results: ₹0.55 loss per share (improved from ₹2.91 loss in 2Q 2023). Revenue: ₹34.6m (up 12% from 2Q 2023). Net loss: ₹2.64m (loss narrowed 83% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.New Risk • Oct 13New major risk - Negative shareholders equityThe company has negative equity. Total equity: -₹84m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Negative equity (-₹84m). Market cap is less than US$10m (₹79.0m market cap, or US$948.4k). Minor Risk Revenue is less than US$5m (₹132m revenue, or US$1.6m).Board Change • Oct 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nirav Jogani was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공고 • Oct 01Span Divergent Limited Approves Board AppointmentsSpan Divergent Limited at its Annual General Meeting held on September 28, 2023 approved the appointment of Mr. Rajendra N Chokhawala, Mr. Jigneshkumar R Desai, Mr. Nirav D Jogani as an Independent Non-Executive Director of the Company.Reported Earnings • Aug 11First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: ₹0.24. Revenue: ₹36.0m (up 33% from 1Q 2023). Net income: ₹1.96m (up 116% from 1Q 2023). Profit margin: 5.4% (up from 3.3% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공고 • Aug 03Span Divergent Limited to Report Q1, 2024 Results on Aug 10, 2023Span Divergent Limited announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 24Full year 2023 earnings released: ₹9.93 loss per share (vs ₹17.94 loss in FY 2022)Full year 2023 results: ₹9.93 loss per share (improved from ₹17.94 loss in FY 2022). Revenue: ₹131.8m (flat on FY 2022). Net loss: ₹50.5m (loss narrowed 48% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.공고 • May 23Span Divergent Limited, Annual General Meeting, Sep 28, 2023Span Divergent Limited, Annual General Meeting, Sep 28, 2023.공고 • May 13Span Divergent Limited to Report Q4, 2023 Results on May 22, 2023Span Divergent Limited announced that they will report Q4, 2023 results on May 22, 2023Reported Earnings • Feb 10Third quarter 2023 earnings released: ₹0.47 loss per share (vs ₹0.74 loss in 3Q 2022)Third quarter 2023 results: ₹0.47 loss per share (improved from ₹0.74 loss in 3Q 2022). Revenue: ₹34.8m (up 14% from 3Q 2022). Net loss: ₹1.29m (loss narrowed 59% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.공고 • Feb 10Span Divergent Limited Appoints Ms. Urvi Shinde as Whole Time Company Secretary and Compliance OfficerSpan Divergent Limited announced that at its board meeting held on February 09, 2023, approved the appointment of Ms. Urvi Shinde as Whole Time Company Secretary and Compliance Officer of the company with effect from February 09, 2023. Ms. Urvi Shinde holds degree in Master in Commerce, and also completed her Bachelor in Law (General) from Veer Narmad South Gujarat University, Surat and is an Associate member of the Institute of Company Secretaries of India having a Membership Number A28055. She is having relevant working experience in the field of Corporate and Secretarial Work.공고 • Feb 02Span Divergent Limited to Report Q3, 2023 Results on Feb 09, 2023Span Divergent Limited announced that they will report Q3, 2023 results on Feb 09, 2023공고 • Aug 30Span Divergent Limited, Annual General Meeting, Sep 29, 2022Span Divergent Limited, Annual General Meeting, Sep 29, 2022, at 11:30 Indian Standard Time.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: ₹0.07 (vs ₹1.44 loss in 1Q 2022)First quarter 2023 results: EPS: ₹0.07 (up from ₹1.44 loss in 1Q 2022). Revenue: ₹28.9m (up 54% from 1Q 2022). Net income: ₹908.0k (up ₹8.80m from 1Q 2022). Profit margin: 3.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공고 • Aug 05Span Divergent Limited Appoints Shefali Desai as an Additional Director (Woman Non-Executive Non Independent Director)At the meeting of Board of Directors of Span Divergent Limited held on August 04, 2022, on the recommendation of Nomination and Remuneration Committee, the Board of Directors approved appointment of Dr. Shefali Desai (DIN: 09694363) as an Additional Director (Woman Non-Executive Non Independent Director) of the Company with effect from August 04, 2022 to hold office upto the upcoming Annual General Meeting and recommending to the members for their approval, her appointment as a Woman Director (Non-Executive Non-Independent) of the Company, liable to retire by rotation. Date of Birth is June 30, 1972. Dr. Shefali Desai, aged 50 years, has completed MBBS from Veer Narmad South Gujarat University, Surat and completed MD (Pathology) and DCP (Pathology). She has in depth knowledgeof Pathology along with more than 20 years of working experience in areas of Clinical Pathology and General Business Administration.공고 • May 06Span Divergent Limited to Report Q4, 2022 Results on May 13, 2022Span Divergent Limited announced that they will report Q4, 2022 results on May 13, 2022Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Additional Non Executive Independent Director Manjula Subramaniam was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹0.74 loss per share (up from ₹2.42 loss in 3Q 2021). Revenue: ₹30.7m (up 30% from 3Q 2021). Net loss: ₹3.18m (loss narrowed 73% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공고 • Feb 03Span Divergent Limited to Report Q3, 2022 Results on Feb 11, 2022Span Divergent Limited announced that they will report Q3, 2022 results on Feb 11, 2022Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS ₹0.60 (vs ₹3.31 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹58.6m (up 201% from 2Q 2021). Net income: ₹3.52m (up ₹21.3m from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue.Reported Earnings • Aug 13First quarter 2022 earnings released: ₹1.44 loss per share (vs ₹2.03 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹26.6m (up 254% from 1Q 2021). Net loss: ₹7.89m (loss narrowed 17% from 1Q 2021).Reported Earnings • Jun 13Full year 2021 earnings released: ₹11.28 loss per share (vs ₹14.23 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2021 results: Revenue: ₹93.1m (flat on FY 2020). Net loss: ₹55.9m (loss narrowed 28% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.공고 • May 26Mohammed Bhamjee entered into a share purchase agreement to acquire Span Diagnostics South Africa (Pty) Limited from Span Divergent Limited (BSE:524727) for ZAR 1000.Mohammed Bhamjee entered into a share purchase agreement to acquire Span Diagnostics South Africa (Pty) Limited from Span Divergent Limited (BSE:524727) for ZAR 1000 on May 24, 2021. As a result of the transaction, Span Diagnostics South Africa (Pty) Limited will cease to be a subsidiary of Span Divergent Limited. During the year ended March 31, 2021, Span Diagnostics South Africa (Pty) Limited reported a negative net income of ZAR 0.01 million.Is New 90 Day High Low • Mar 02New 90-day low: ₹12.15The company is down 9.0% from its price of ₹13.35 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 20% over the same period.Executive Departure • Feb 10Independent Non-Executive Director has left the companyOn the 6th of February, Sushil Shah's tenure as Independent Non-Executive Director ended after 17.4 years in the role. We don't have any record of a personal shareholding under Sushil's name. Sushil is the only executive to leave the company over the last 12 months.Executive Departure • Feb 09Independent Non-Executive Director has left the companyOn the 6th of February, Sushil Shah's tenure as Independent Non-Executive Director ended after 17.4 years in the role. We don't have any record of a personal shareholding under Sushil's name. Sushil is the only executive to leave the company over the last 12 months.Reported Earnings • Feb 07Third quarter 2021 earnings released: ₹2.42 loss per share (vs ₹2.85 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₹25.8m (up 30% from 3Q 2020). Net loss: ₹11.9m (loss widened 7.4% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.공고 • Feb 07Span Divergent Limited Announces Resignation of Sushil Shah as Independent DirectorSpan Divergent Limited announced that Sushil Shah (DIN: 00179918), Independent Director of the Company has tendered resignation and resigned from the position of Independent Director of the Company with effect from February 06. 202 1 due to preoccupation. Date of Cessation is February 06, 2021.공고 • Jan 30Span Divergent Limited to Report Q3, 2021 Results on Feb 06, 2021Span Divergent Limited announced that they will report Q3, 2021 results on Feb 06, 2021Is New 90 Day High Low • Dec 16New 90-day high: ₹17.22The company is up 59% from its price of ₹10.81 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 25% over the same period.Is New 90 Day High Low • Nov 27New 90-day high: ₹12.15The company is up 12% from its price of ₹10.84 on 28 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period.Reported Earnings • Nov 13Second quarter 2021 earnings released: ₹3.31 loss per shareThe company reported a solid second quarter result with reduced losses and improved revenues and control over expenses. Second quarter 2021 results: Revenue: ₹22.7m (up 3.0% from 2Q 2020). Net loss: ₹17.8m (loss narrowed 26% from 2Q 2020).공고 • Nov 03Span Divergent Limited to Report Q2, 2021 Results on Nov 10, 2020Span Divergent Limited announced that they will report Q2, 2021 results on Nov 10, 2020Is New 90 Day High Low • Sep 30New 90-day low: ₹9.04The company is down 17% from its price of ₹10.85 on 02 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 7.0% over the same period.공고 • Sep 08Span Divergent Limited to Report Q1, 2021 Results on Sep 14, 2020Span Divergent Limited announced that they will report Q1, 2021 results on Sep 14, 2020주주 수익률524727IN FoodIN 시장7D2.7%-1.5%-0.2%1Y56.7%-1.4%-0.5%전체 주주 수익률 보기수익률 대 산업: 524727은 지난 1년 동안 -1.4%의 수익을 기록한 Indian Food 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 524727은 지난 1년 동안 -0.5%를 기록한 Indian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 524727's price volatile compared to industry and market?524727 volatility524727 Average Weekly Movementn/aFood Industry Average Movement5.6%Market Average Movement6.0%10% most volatile stocks in IN Market9.1%10% least volatile stocks in IN Market3.8%안정적인 주가: 524727의 주가는 지난 3개월 동안 Indian 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine 524727의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트19726Viral Desaispan.in스팬 다이버전트 리미티드는 자회사를 통해 인도에서 식품, 농업 및 생명과학 사업을 영위하고 있습니다. 이 회사는 생 캐슈넛 가공에 관여하고 있습니다. 또한 제약/생명공학 산업에서 사용되는 소모품을 거래하고 경영 컨설팅 서비스도 제공합니다.더 보기Span Divergent Limited 기초 지표 요약Span Divergent의 순이익과 매출은 시가총액과 어떻게 비교됩니까?524727 기초 통계시가총액₹268.67m순이익 (TTM)-₹25.01m매출 (TTM)₹172.25m1.6x주가매출비율(P/S)-10.7x주가수익비율(P/E)524727는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표524727 손익계산서 (TTM)매출₹172.25m매출원가₹155.75m총이익₹16.49m기타 비용₹41.51m순이익-₹25.01m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-3.44총이익률9.58%순이익률-14.52%부채/자본 비율70.5%524727의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/17 14:54종가2026/07/17 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Span Divergent Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공고 • Jun 01Span Divergent Limited, Annual General Meeting, Sep 28, 2026Span Divergent Limited, Annual General Meeting, Sep 28, 2026.
Reported Earnings • Jun 01Full year 2026 earnings released: ₹5.38 loss per share (vs ₹1.68 loss in FY 2025)Full year 2026 results: ₹5.38 loss per share (further deteriorated from ₹1.68 loss in FY 2025). Revenue: ₹185.1m (up 107% from FY 2025). Net loss: ₹25.0m (loss widened 173% from FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
공고 • May 25Span Divergent Limited to Report Q4, 2026 Results on May 30, 2026Span Divergent Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026
공고 • Mar 30Span Divergent Limited announced that it has received INR 57.935629 million in fundingOn March 28, 2026, Span Divergent Limited closed the transaction.
New Risk • Mar 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-₹92m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (₹253.7m market cap, or US$2.68m). Minor Risk Revenue is less than US$5m (₹131m revenue, or US$1.4m).
Reported Earnings • Feb 12Third quarter 2026 earnings released: ₹2.08 loss per share (vs ₹0.39 loss in 3Q 2025)Third quarter 2026 results: ₹2.08 loss per share (further deteriorated from ₹0.39 loss in 3Q 2025). Revenue: ₹40.7m (up 114% from 3Q 2025). Net loss: ₹9.73m (loss widened ₹8.20m from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
공고 • Jun 01Span Divergent Limited, Annual General Meeting, Sep 28, 2026Span Divergent Limited, Annual General Meeting, Sep 28, 2026.
Reported Earnings • Jun 01Full year 2026 earnings released: ₹5.38 loss per share (vs ₹1.68 loss in FY 2025)Full year 2026 results: ₹5.38 loss per share (further deteriorated from ₹1.68 loss in FY 2025). Revenue: ₹185.1m (up 107% from FY 2025). Net loss: ₹25.0m (loss widened 173% from FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
공고 • May 25Span Divergent Limited to Report Q4, 2026 Results on May 30, 2026Span Divergent Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026
공고 • Mar 30Span Divergent Limited announced that it has received INR 57.935629 million in fundingOn March 28, 2026, Span Divergent Limited closed the transaction.
New Risk • Mar 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Shares are highly illiquid. Negative equity (-₹92m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (₹253.7m market cap, or US$2.68m). Minor Risk Revenue is less than US$5m (₹131m revenue, or US$1.4m).
Reported Earnings • Feb 12Third quarter 2026 earnings released: ₹2.08 loss per share (vs ₹0.39 loss in 3Q 2025)Third quarter 2026 results: ₹2.08 loss per share (further deteriorated from ₹0.39 loss in 3Q 2025). Revenue: ₹40.7m (up 114% from 3Q 2025). Net loss: ₹9.73m (loss widened ₹8.20m from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
공고 • Feb 05Span Divergent Limited to Report Q3, 2026 Results on Feb 10, 2026Span Divergent Limited announced that they will report Q3, 2026 results on Feb 10, 2026
New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Negative equity (-₹92m). Market cap is less than US$10m (₹131.0m market cap, or US$1.48m). Minor Risk Revenue is less than US$5m (₹117m revenue, or US$1.3m).
Reported Earnings • Nov 12Second quarter 2026 earnings releasedSecond quarter 2026 results: ₹0.34 loss per share. Revenue: ₹78.6m (up 180% from 2Q 2025). Net loss: ₹1.34m (down 206% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공고 • Nov 03Span Divergent Limited to Report Q2, 2026 Results on Nov 10, 2025Span Divergent Limited announced that they will report Q2, 2026 results on Nov 10, 2025
New Risk • Aug 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Negative equity (-₹88m). Revenue is less than US$1m (₹69m revenue, or US$785k). Market cap is less than US$10m (₹119.6m market cap, or US$1.37m). Minor Risk
Reported Earnings • Aug 13First quarter 2026 earnings releasedFirst quarter 2026 results: ₹0.31 loss per share. Revenue: ₹17.9m (down 52% from 1Q 2025). Net loss: ₹983.0k (loss widened ₹928.0k from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 08Now 24% overvaluedOver the last 90 days, the stock has fallen 8.7% to ₹21.00. The fair value is estimated to be ₹16.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company became loss making.
공고 • Aug 06Span Divergent Limited to Report Q1, 2026 Results on Aug 13, 2025Span Divergent Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Aug 13, 2025
New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹88m). Market cap is less than US$10m (₹117.4m market cap, or US$1.37m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (₹90m revenue, or US$1.0m).
Buy Or Sell Opportunity • Jul 04Now 21% overvaluedOver the last 90 days, the stock has fallen 28% to ₹20.69. The fair value is estimated to be ₹17.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company became loss making.
공고 • May 19Span Divergent Limited, Annual General Meeting, Sep 29, 2025Span Divergent Limited, Annual General Meeting, Sep 29, 2025.
Reported Earnings • May 17Full year 2025 earnings released: ₹2.33 loss per share (vs ₹1.79 profit in FY 2024)Full year 2025 results: ₹2.33 loss per share (down from ₹1.79 profit in FY 2024). Revenue: ₹101.5m (down 18% from FY 2024). Net loss: ₹9.17m (down 194% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공고 • May 10Span Divergent Limited to Report Q4, 2025 Results on May 16, 2025Span Divergent Limited announced that they will report Q4, 2025 results on May 16, 2025
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹32.48, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 32x in the Consumer Retailing industry in India. Total returns to shareholders of 94% over the past three years.
Reported Earnings • Feb 08Third quarter 2025 earnings releasedThird quarter 2025 results: ₹0.39 loss per share. Revenue: ₹23.3m (down 23% from 3Q 2024). Net loss: ₹1.52m (down 226% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공고 • Jan 30Span Divergent Limited to Report Q3, 2025 Results on Feb 07, 2025Span Divergent Limited announced that they will report Q3, 2025 results on Feb 07, 2025
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₹39.15, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 41x in the Consumer Retailing industry in India. Total returns to shareholders of 101% over the past three years.
New Risk • Dec 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Negative equity (-₹76m). Market cap is less than US$10m (₹174.7m market cap, or US$2.05m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹122m revenue, or US$1.4m).
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₹31.98, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 41x in the Consumer Retailing industry in India. Total returns to shareholders of 134% over the past three years.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹35.60, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 36x in the Consumer Retailing industry in India. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Oct 29Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹30.5m (down 4.2% from 2Q 2024). Net income: ₹1.26m (up ₹3.90m from 2Q 2024). Profit margin: 4.1% (up from net loss in 2Q 2024).
공고 • Oct 21Span Divergent Limited to Report Q2, 2025 Results on Oct 28, 2024Span Divergent Limited announced that they will report Q2, 2025 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹24.76, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 33x in the Consumer Retailing industry in India. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹20.05, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 35x in the Consumer Retailing industry in India. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Aug 14First quarter 2025 earnings releasedFirst quarter 2025 results: ₹0.16 loss per share. Revenue: ₹38.9m (up 14% from 1Q 2024). Net loss: ₹55.0k (down 103% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공고 • Aug 05Span Divergent Limited to Report Q1, 2025 Results on Aug 13, 2024Span Divergent Limited announced that they will report Q1, 2025 results on Aug 13, 2024
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹34.60, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 42x in the Consumer Retailing industry in India. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹20.76, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 41x in the Consumer Retailing industry in India. Total returns to shareholders of 50% over the past three years.
Reported Earnings • May 18Full year 2024 earnings released: EPS: ₹1.43 (vs ₹9.25 loss in FY 2023)Full year 2024 results: EPS: ₹1.43 (up from ₹9.25 loss in FY 2023). Revenue: ₹143.5m (up 15% from FY 2023). Net income: ₹9.76m (up ₹60.3m from FY 2023). Profit margin: 6.8% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.
공고 • May 18Span Divergent Limited, Annual General Meeting, Sep 26, 2024Span Divergent Limited, Annual General Meeting, Sep 26, 2024.
공고 • May 10Span Divergent Limited to Report Q4, 2024 Results on May 16, 2024Span Divergent Limited announced that they will report Q4, 2024 results on May 16, 2024
New Risk • Feb 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Negative equity (-₹85m). Market cap is less than US$10m (₹77.6m market cap, or US$936.1k). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹130m revenue, or US$1.6m).
New Risk • Feb 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Negative equity (-₹85m). Market cap is less than US$10m (₹78.1m market cap, or US$940.8k). Minor Risk Revenue is less than US$5m (₹134m revenue, or US$1.6m).
Reported Earnings • Feb 13Third quarter 2024 earnings released: EPS: ₹0.12 (vs ₹0.47 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹0.12 (up from ₹0.47 loss in 3Q 2023). Revenue: ₹33.7m (up 1.5% from 3Q 2023). Net income: ₹1.21m (up ₹2.50m from 3Q 2023). Profit margin: 3.6% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.
공고 • Feb 12Span Divergent Limited Announces Retirement of DirectorsSpan Divergent Limited announced that at meeting of board of directors held on February 12, 2024, board considered and take note of the retirement of Company's Independent Directors i.e. Mr. Needamangalam Gopalaswami, Mr. Shyamal Ghosh and Mr. Kamlesh N Patel with effect from March 31, 2024 upon completion of their second term of Independent Directors.
Reported Earnings • Nov 11Second quarter 2024 earnings released: ₹0.55 loss per share (vs ₹2.91 loss in 2Q 2023)Second quarter 2024 results: ₹0.55 loss per share (improved from ₹2.91 loss in 2Q 2023). Revenue: ₹34.6m (up 12% from 2Q 2023). Net loss: ₹2.64m (loss narrowed 83% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
New Risk • Oct 13New major risk - Negative shareholders equityThe company has negative equity. Total equity: -₹84m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Negative equity (-₹84m). Market cap is less than US$10m (₹79.0m market cap, or US$948.4k). Minor Risk Revenue is less than US$5m (₹132m revenue, or US$1.6m).
Board Change • Oct 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nirav Jogani was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공고 • Oct 01Span Divergent Limited Approves Board AppointmentsSpan Divergent Limited at its Annual General Meeting held on September 28, 2023 approved the appointment of Mr. Rajendra N Chokhawala, Mr. Jigneshkumar R Desai, Mr. Nirav D Jogani as an Independent Non-Executive Director of the Company.
Reported Earnings • Aug 11First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: ₹0.24. Revenue: ₹36.0m (up 33% from 1Q 2023). Net income: ₹1.96m (up 116% from 1Q 2023). Profit margin: 5.4% (up from 3.3% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공고 • Aug 03Span Divergent Limited to Report Q1, 2024 Results on Aug 10, 2023Span Divergent Limited announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 24Full year 2023 earnings released: ₹9.93 loss per share (vs ₹17.94 loss in FY 2022)Full year 2023 results: ₹9.93 loss per share (improved from ₹17.94 loss in FY 2022). Revenue: ₹131.8m (flat on FY 2022). Net loss: ₹50.5m (loss narrowed 48% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
공고 • May 23Span Divergent Limited, Annual General Meeting, Sep 28, 2023Span Divergent Limited, Annual General Meeting, Sep 28, 2023.
공고 • May 13Span Divergent Limited to Report Q4, 2023 Results on May 22, 2023Span Divergent Limited announced that they will report Q4, 2023 results on May 22, 2023
Reported Earnings • Feb 10Third quarter 2023 earnings released: ₹0.47 loss per share (vs ₹0.74 loss in 3Q 2022)Third quarter 2023 results: ₹0.47 loss per share (improved from ₹0.74 loss in 3Q 2022). Revenue: ₹34.8m (up 14% from 3Q 2022). Net loss: ₹1.29m (loss narrowed 59% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
공고 • Feb 10Span Divergent Limited Appoints Ms. Urvi Shinde as Whole Time Company Secretary and Compliance OfficerSpan Divergent Limited announced that at its board meeting held on February 09, 2023, approved the appointment of Ms. Urvi Shinde as Whole Time Company Secretary and Compliance Officer of the company with effect from February 09, 2023. Ms. Urvi Shinde holds degree in Master in Commerce, and also completed her Bachelor in Law (General) from Veer Narmad South Gujarat University, Surat and is an Associate member of the Institute of Company Secretaries of India having a Membership Number A28055. She is having relevant working experience in the field of Corporate and Secretarial Work.
공고 • Feb 02Span Divergent Limited to Report Q3, 2023 Results on Feb 09, 2023Span Divergent Limited announced that they will report Q3, 2023 results on Feb 09, 2023
공고 • Aug 30Span Divergent Limited, Annual General Meeting, Sep 29, 2022Span Divergent Limited, Annual General Meeting, Sep 29, 2022, at 11:30 Indian Standard Time.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: ₹0.07 (vs ₹1.44 loss in 1Q 2022)First quarter 2023 results: EPS: ₹0.07 (up from ₹1.44 loss in 1Q 2022). Revenue: ₹28.9m (up 54% from 1Q 2022). Net income: ₹908.0k (up ₹8.80m from 1Q 2022). Profit margin: 3.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공고 • Aug 05Span Divergent Limited Appoints Shefali Desai as an Additional Director (Woman Non-Executive Non Independent Director)At the meeting of Board of Directors of Span Divergent Limited held on August 04, 2022, on the recommendation of Nomination and Remuneration Committee, the Board of Directors approved appointment of Dr. Shefali Desai (DIN: 09694363) as an Additional Director (Woman Non-Executive Non Independent Director) of the Company with effect from August 04, 2022 to hold office upto the upcoming Annual General Meeting and recommending to the members for their approval, her appointment as a Woman Director (Non-Executive Non-Independent) of the Company, liable to retire by rotation. Date of Birth is June 30, 1972. Dr. Shefali Desai, aged 50 years, has completed MBBS from Veer Narmad South Gujarat University, Surat and completed MD (Pathology) and DCP (Pathology). She has in depth knowledgeof Pathology along with more than 20 years of working experience in areas of Clinical Pathology and General Business Administration.
공고 • May 06Span Divergent Limited to Report Q4, 2022 Results on May 13, 2022Span Divergent Limited announced that they will report Q4, 2022 results on May 13, 2022
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Additional Non Executive Independent Director Manjula Subramaniam was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹0.74 loss per share (up from ₹2.42 loss in 3Q 2021). Revenue: ₹30.7m (up 30% from 3Q 2021). Net loss: ₹3.18m (loss narrowed 73% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공고 • Feb 03Span Divergent Limited to Report Q3, 2022 Results on Feb 11, 2022Span Divergent Limited announced that they will report Q3, 2022 results on Feb 11, 2022
Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS ₹0.60 (vs ₹3.31 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹58.6m (up 201% from 2Q 2021). Net income: ₹3.52m (up ₹21.3m from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue.
Reported Earnings • Aug 13First quarter 2022 earnings released: ₹1.44 loss per share (vs ₹2.03 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹26.6m (up 254% from 1Q 2021). Net loss: ₹7.89m (loss narrowed 17% from 1Q 2021).
Reported Earnings • Jun 13Full year 2021 earnings released: ₹11.28 loss per share (vs ₹14.23 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2021 results: Revenue: ₹93.1m (flat on FY 2020). Net loss: ₹55.9m (loss narrowed 28% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
공고 • May 26Mohammed Bhamjee entered into a share purchase agreement to acquire Span Diagnostics South Africa (Pty) Limited from Span Divergent Limited (BSE:524727) for ZAR 1000.Mohammed Bhamjee entered into a share purchase agreement to acquire Span Diagnostics South Africa (Pty) Limited from Span Divergent Limited (BSE:524727) for ZAR 1000 on May 24, 2021. As a result of the transaction, Span Diagnostics South Africa (Pty) Limited will cease to be a subsidiary of Span Divergent Limited. During the year ended March 31, 2021, Span Diagnostics South Africa (Pty) Limited reported a negative net income of ZAR 0.01 million.
Is New 90 Day High Low • Mar 02New 90-day low: ₹12.15The company is down 9.0% from its price of ₹13.35 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 20% over the same period.
Executive Departure • Feb 10Independent Non-Executive Director has left the companyOn the 6th of February, Sushil Shah's tenure as Independent Non-Executive Director ended after 17.4 years in the role. We don't have any record of a personal shareholding under Sushil's name. Sushil is the only executive to leave the company over the last 12 months.
Executive Departure • Feb 09Independent Non-Executive Director has left the companyOn the 6th of February, Sushil Shah's tenure as Independent Non-Executive Director ended after 17.4 years in the role. We don't have any record of a personal shareholding under Sushil's name. Sushil is the only executive to leave the company over the last 12 months.
Reported Earnings • Feb 07Third quarter 2021 earnings released: ₹2.42 loss per share (vs ₹2.85 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₹25.8m (up 30% from 3Q 2020). Net loss: ₹11.9m (loss widened 7.4% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
공고 • Feb 07Span Divergent Limited Announces Resignation of Sushil Shah as Independent DirectorSpan Divergent Limited announced that Sushil Shah (DIN: 00179918), Independent Director of the Company has tendered resignation and resigned from the position of Independent Director of the Company with effect from February 06. 202 1 due to preoccupation. Date of Cessation is February 06, 2021.
공고 • Jan 30Span Divergent Limited to Report Q3, 2021 Results on Feb 06, 2021Span Divergent Limited announced that they will report Q3, 2021 results on Feb 06, 2021
Is New 90 Day High Low • Dec 16New 90-day high: ₹17.22The company is up 59% from its price of ₹10.81 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 25% over the same period.
Is New 90 Day High Low • Nov 27New 90-day high: ₹12.15The company is up 12% from its price of ₹10.84 on 28 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period.
Reported Earnings • Nov 13Second quarter 2021 earnings released: ₹3.31 loss per shareThe company reported a solid second quarter result with reduced losses and improved revenues and control over expenses. Second quarter 2021 results: Revenue: ₹22.7m (up 3.0% from 2Q 2020). Net loss: ₹17.8m (loss narrowed 26% from 2Q 2020).
공고 • Nov 03Span Divergent Limited to Report Q2, 2021 Results on Nov 10, 2020Span Divergent Limited announced that they will report Q2, 2021 results on Nov 10, 2020
Is New 90 Day High Low • Sep 30New 90-day low: ₹9.04The company is down 17% from its price of ₹10.85 on 02 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 7.0% over the same period.
공고 • Sep 08Span Divergent Limited to Report Q1, 2021 Results on Sep 14, 2020Span Divergent Limited announced that they will report Q1, 2021 results on Sep 14, 2020
