Spandana Sphoorty Financial Limited

NSEI:SPANDANA Stock Report

Market Cap: ₹22.9b

Spandana Sphoorty Financial Valuation

Is SPANDANA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SPANDANA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SPANDANA (₹321.75) is trading above our estimate of fair value (₹7.38)

Significantly Below Fair Value: SPANDANA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SPANDANA?

Key metric: As SPANDANA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SPANDANA. This is calculated by dividing SPANDANA's market cap by their current earnings.
What is SPANDANA's PE Ratio?
PE Ratio24x
Earnings₹954.10m
Market Cap₹22.94b

Price to Earnings Ratio vs Peers

How does SPANDANA's PE Ratio compare to its peers?

The above table shows the PE ratio for SPANDANA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.6x
REPCOHOME Repco Home Finance
5.7x4.4%₹25.7b
508954 Finkurve Financial Services
90.3xn/a₹15.9b
FEDFINA Fedbank Financial Services
14.3x33.8%₹38.2b
SATIN Satin Creditcare Network
4.1x35.8%₹16.0b
SPANDANA Spandana Sphoorty Financial
24x84.8%₹22.9b

Price-To-Earnings vs Peers: SPANDANA is good value based on its Price-To-Earnings Ratio (24x) compared to the peer average (28.6x).

Price to Earnings Ratio vs Industry

How does SPANDANA's PE Ratio compare vs other companies in the IN Consumer Finance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
523384 Maha Rashtra Apex
0.6xn/aUS$24.55m
No more companies available in this PE range
SPANDANA 24.0xIndustry Avg. 22.8xNo. of Companies13PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SPANDANA is expensive based on its Price-To-Earnings Ratio (24x) compared to the Indian Consumer Finance industry average (22.8x).

Price to Earnings Ratio vs Fair Ratio

What is SPANDANA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SPANDANA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio44.1x

Price-To-Earnings vs Fair Ratio: SPANDANA is good value based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (44.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SPANDANA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹321.75
₹541.57
+68.3%
29.8%₹925.00₹410.00n/a7
Dec ’25₹396.25
₹541.57
+36.7%
29.8%₹925.00₹410.00n/a7
Nov ’25₹419.10
₹613.00
+46.3%
26.4%₹925.00₹500.00n/a7
Oct ’25₹586.30
₹909.86
+55.2%
13.9%₹1,184.00₹780.00n/a7
Sep ’25₹628.90
₹909.86
+44.7%
13.9%₹1,184.00₹780.00n/a7
Aug ’25₹670.45
₹998.63
+48.9%
20.2%₹1,450.00₹800.00n/a8
Jul ’25₹731.40
₹1,218.88
+66.6%
10.2%₹1,450.00₹1,065.00n/a8
Jun ’25₹756.35
₹1,218.88
+61.2%
10.2%₹1,450.00₹1,065.00n/a8
May ’25₹873.35
₹1,218.88
+39.6%
10.2%₹1,450.00₹1,065.00n/a8
Apr ’25₹882.80
₹1,335.25
+51.3%
8.0%₹1,450.00₹1,150.00n/a8
Mar ’25₹915.40
₹1,335.25
+45.9%
8.0%₹1,450.00₹1,150.00n/a8
Feb ’25₹994.05
₹1,354.57
+36.3%
7.4%₹1,450.00₹1,150.00n/a7
Jan ’25₹1,127.30
₹1,201.17
+6.6%
8.4%₹1,400.00₹1,065.00n/a6
Dec ’24₹1,014.95
₹1,134.50
+11.8%
4.4%₹1,207.00₹1,065.00₹396.256
Nov ’24₹890.05
₹1,134.50
+27.5%
4.4%₹1,207.00₹1,065.00₹419.106
Oct ’24₹834.40
₹982.83
+17.8%
8.5%₹1,100.00₹847.00₹586.306
Sep ’24₹819.45
₹982.83
+19.9%
8.5%₹1,100.00₹847.00₹628.906
Aug ’24₹836.70
₹966.17
+15.5%
9.1%₹1,100.00₹847.00₹670.456
Jul ’24₹719.10
₹846.75
+17.8%
3.9%₹900.00₹815.00₹731.404
Jun ’24₹690.95
₹840.50
+21.6%
4.6%₹900.00₹800.00₹756.354
May ’24₹597.25
₹783.75
+31.2%
8.6%₹900.00₹735.00₹873.354
Apr ’24₹532.85
₹783.75
+47.1%
8.6%₹900.00₹735.00₹882.804
Mar ’24₹564.90
₹783.75
+38.7%
8.6%₹900.00₹735.00₹915.404
Feb ’24₹559.55
₹783.75
+40.1%
8.6%₹900.00₹735.00₹994.054
Jan ’24₹588.10
₹745.00
+26.7%
0.9%₹750.00₹735.00₹1,127.303
Dec ’23₹555.30
₹745.00
+34.2%
0.9%₹750.00₹735.00₹1,014.953

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:07
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spandana Sphoorty Financial Limited is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Yuvraj ChoudharyAnand Rathi Shares and Stock Brokers Limited
Praveen AgarwalAxis Capital Limited