Spandana

Hyderabad, India Founded: 1998 • Age: 28 yrs Listed
Microfinance and consumer durable loans are provided to rural households.
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About Spandana

Spandana is a publicly listed company based in Hyderabad (India) founded in 1998. It operates as a microfinance and consumer durable loans are provided to rural households. Spandana has raised $192 million across 10 funding rounds from investors including Yes Bank, IndusInd Bank and ICICI Bank. The company has 11,791 employees. Its chief executive is Shalabh Saxena. Its website spandanasphoorty.com draws about 31 thousand monthly visits. Its Indian entity Spandana Sphoorty Financial Limited reported revenue of ₹2,245 Cr. Spandana offers products and services including Microfinance, Chetana, Unnati, Consumer Durable Loan, and Water Sanitation & Hygiene Loan. Its focus areas include Consumer and SME Loans, Consumer Loans and Diversified. Its competitors include Manappuram Finance, IIFL Finance, L & T Finance Holdings, Bajaj Finserv and Northern Arc Capital and 4 more; 5 of its 9 listed competitors have raised funding.

Company details

Spandana was founded in 1998 in Hyderabad, India, as a provider in the microfinance sector. Loans are extended to rural households through a Joint Liability Group model, alongside consumer durable financing and support for water, sanitation, and hygiene improvements. Top-up options for existing borrowers and property-secured loans are also available. Operations focus on low-income communities to enhance financial access and stability.

Operational Areas
Financial Services → Consumer and SME Loans
Key Metrics
  • Market Cap
    ₹2,144 Cr

    SPANDANA · NSE

  • Share Price
    ₹196.06

    -3.62% today

  • Revenue
    ₹1,024 Cr

    FY 2025-26 · -56.5% YoY

  • EBITDA
    −₹441 Cr

    Margin -43.0%

  • Net Profit
    −₹700 Cr

    FY 2025-26 · +32.4% YoY

  • Debt / Equity
    2.02

    Interest cover -111.9x

  • Total Equity Funding
    $192M (USD)

    in 10 rounds

  • Latest Funding Round
    $28.78M (USD), Post-IPO

    May 2024

  • Investors
    Yes Bank

    & 12 more

  • Employee Count
    11,791

Products & Services of Spandana

Spandana offers a comprehensive portfolio of products and services, including Microfinance, Chetana, Unnati, Consumer Durable Loan, and Water Sanitation & Hygiene Loan.

Microfinance
Financial Service

Offers microloans to support rural households and entrepreneurs

Chetana
Loan Product

Provides tailored microfinance loans for rural customers

Unnati
Loan Product

Delivers financial support for economic upliftment in communities

Consumer Durable Loan
Loan Product

Facilitates loans for purchasing consumer durable goods

Water Sanitation & Hygiene Loan
Loan Product

Supports access to water and sanitation improvements

Apps and channels of Spandana

its YouTube channel Spandana has 3.91K subscribers and 30 videos.

Spandana
YouTube 3.91K subscribers 30 videos Science & Technology
Open channel

Videos from Spandana

The most watched videos on Spandana's YouTube channel, Spandana (3.91K subscribers). Click a video to play it here.

Spandana Corporate Video (English)
14.8K views
Spandana Sphoorty | Diwali Milan 2024
4.4K views
Spandana Sphoorty | GOA Expedition -Trailer | R&R Event
4K views
Spandana Corporate Video (Hindi)
3.5K views

More on Spandana .

Funding Insights of Spandana

Spandana has successfully raised a total of $192M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $28.78 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $192M
  • Total Rounds 10
  • Last Round Post-IPO — $28.78M
  • First Round $12.5M

    (Aug 2007)

  • Investors Count 13

All 10 funding rounds of Spandana with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$28.78MPost-IPO––
Siguler Guff
Jan 2018$63MDebt – Conventional––
IndusInd Bank, Bank of Baroda
Dec 2017$19.5MPrivate Equity Round–Kedaara, Ontario Teachers' Pension Plan
–
Nov 2017$61.8MDebt – Conventional––
Aditya Birla Capital
Mar 2017$170MDebt – Conventional––
Yes Bank, ICICI Bank
Mar 2017$100MPrivate Equity Round–Kedaara, Ontario Teachers' Pension Plan
–
Sep 2009$60MPrivate Equity Round–Temasek
–
Jun 2009$16.7MDebt – Conventional––
Standard Chartered
Jun 2009$12MDebt – Conventional––
Rabobank
Aug 2007$12.5MPrivate Equity Round–Lok Capital, JM Financial Private Equity
–
Valuation history

13 investors in total: 13 institutional.

Investors in Spandana

Spandana has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Yes Bank, IndusInd Bank and ICICI Bank.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Siguler Guff
Private equity firm focused on buyouts
–sigulerguff.comNew York, United States
Kedaara
Private equity firm focused on growth companies
–kedaara.comEbene City, Mauritius
Temasek
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Lok Capital
Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
2002lokcapital.comGurugram, India
JM Financial Private Equity
Growth-equity focused private firm investing in SMEs
2006jmfpe.comMumbai, India
IndusInd Bank
Personal and business banking products and services are provided.
1994indusind.comPune, India
Bank of Baroda
Commercial banking services are offered across India since 1908.
1908bankofbaroda.inVadodara, India
Ontario Teachers' Pension Plan
Pension funds focused on multiple sectors
1990otpp.comToronto, Canada
Aditya Birla Capital
Diversified financial services including investment, insurance, and lending are offered.
2007adityabirlacapital.comMumbai, India
Yes Bank
Commercial banking services are offered to individuals and businesses.
2004yesbank.inMumbai, India
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Investor details for Spandana

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Spandana Sphoorty Financial Limited (Spandana)

Spandana Sphoorty Financial Limited is the primary company behind Spandana. The board of Spandana Sphoorty Financial Limited currently have 8 directors; the longest-serving is Sunish Sharma, appointed in 2017. 63 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunish Sharma
DIN 00274432
Nominee Director31 Mar 20179 yrs 6 moSpandana Sphoorty Financial Limited
Ramchandra Kasargod Kamath
DIN 01715073
Nominee Director04 May 20179 yrs 5 moSpandana Sphoorty Financial Limited
Neeraj Swaroop
DIN 00061170
Additional Director04 Aug 20224 yrs 2 moSpandana Sphoorty Financial Limited
Animesh Chauhan
DIN 02060457
Director04 Aug 20224 yrs 2 moSpandana Sphoorty Financial Limited
Dipali Hemant Sheth
DIN 07556685
Director02 May 20233 yrs 5 moSpandana Sphoorty Financial Limited
Vinayak Prasad
DIN 05310658
Director02 May 20233 yrs 5 moSpandana Sphoorty Financial Limited
Saakshi Gera
DIN 08737182
Nominee Director22 May 20242 yrs 5 moSpandana Sphoorty Financial Limited
Venkatesh Krishnan
DIN 02078403
Managing Director27 Nov 202510 moSpandana Sphoorty Financial Limited

People of Spandana

1 people are tracked at Spandana (1 in leadership); the tracked headcount is 11,791.

NameRoleGroup
Shalabh Saxena
CEO & MDLeadership
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Complete people profiles for Spandana

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Spandana

Spandana is a publicly listed company on the NSE with ticker symbol SPANDANA in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date19 Aug 2019
  • Listed onNSE: SPANDANA
  • Listed entitySpandana Sphoorty Financial Limited
  • Exchange sectorFinance

Financials of Spandana

Exchange-reported figures of Spandana Sphoorty Financial Limited, the listed company behind Spandana (NSE: SPANDANA).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,024 Cr
-56.5% YoY
EBITDA
−₹441 Cr
+9.9% YoY
Profit After Tax
−₹700 Cr
+32.4% YoY
Net Worth
₹2,129 Cr
-19.1% YoY
Total Assets
₹6,072 Cr
-26.7% YoY
Total Debt
₹3,943 Cr
-30.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,0242,3552,4011,4011,4631,4831,435
Revenue growth-56.5%-1.9%+71.4%-4.2%-1.3%+3.3%-
EBITDA(441)(489)1,510412630611953
EBITDA margin-43.0%-20.8%+62.9%+29.4%+43.1%+41.2%+66.4%
Profit before tax(925)(1,379)67117.8296.87200618
Net profit(700)(1,035)50112.3369.46145351
Net profit margin-68.3%-44.0%+20.9%+0.9%+4.8%+9.8%+24.5%
EPS (₹)(87.42)(145.15)70.221.7310.0522.5554.65
Balance sheet
Total assets6,0728,28913,0709,1746,8628,1245,653
Net worth2,1292,6333,6453,0993,0882,7492,626
Total debt3,9435,6569,4256,0743,7725,3733,025
Cash & bank1,2751,8441,8721,0051,2021,381257
Net working capital1,3571,9441,7589801,1261,046147
Cash flow
Cash from operations8823,681(2,679)(2,171)863(1,754)(35.17)
Cash from investing165(132)(172)(175)36.22482(487)
Cash from financing(1,514)(3,712)3,4352,433(1,307)2,348434
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue284260234230300415552682
Revenue growth (YoY)-5.5%-37.4%-57.5%-66.3%-57.7%---
Other income19.3117.4811.289.943.664.1317.7320.13
EBITDA133121(24.05)(213)(327)(389)(371)(44.85)
EBITDA margin+46.8%+46.4%-10.3%-92.9%-108.7%-93.8%-67.2%-6.6%
Depreciation2.564.043.943.984.247.205.645.45
Interest132126109120154185229258
Profit before tax17.568.02(125)(327)(481)(578)(588)(289)
Tax5.682.75(30.45)(77.97)(121)(143)(147)(72.27)
Net profit11.885.27(95.00)(249)(360)(434)(440)(216)
EPS (₹)1.490.66(11.88)(32.76)(50.52)(60.91)(61.73)(30.34)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9072,1812,2801,3291,3761,4441,409
Revenue growth-58.4%-4.3%+71.6%-3.5%-4.7%+2.4%-
EBITDA(370)(440)1,439410573583932
EBITDA margin-40.8%-20.2%+63.1%+30.8%+41.6%+40.4%+66.2%
Profit before tax(825)(1,274)62618.2564.58178598
Net profit(625)(957)46812.3646.68129337
Net profit margin-68.9%-43.9%+20.5%+0.9%+3.4%+8.9%+23.9%
EPS (₹)(78.04)(134.17)65.621.746.7520.0552.35
Balance sheet
Total assets6,0187,81912,5688,9776,6637,9135,624
Net worth2,1942,6233,5563,0433,0322,7162,608
Total debt3,8245,1979,0125,9343,6315,1973,016
Cash & bank1,2141,7911,8481,0021,1991,376251
Net working capital1,3041,8941,7419721,0901,057146
Cash flow
Cash from operations5063,783(2,327)(2,053)820(1,618)(53.67)
Cash from investing178(200)(257)(178)44.87514(485)
Cash from financing(1,171)(3,761)3,1592,317(1,272)2,181447
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue262238207199262374509636
Revenue growth (YoY)-0.1%-36.3%-59.4%-68.7%-60.5%---
Other income18.2315.199.488.622.312.7516.4819.11
Total expenses126120219379561745834678
EBITDA135118(11.56)(180)(299)(370)(325)(41.95)
EBITDA margin+51.8%+49.6%-5.6%-90.2%-114.1%-98.9%-63.7%-6.6%
Depreciation2.013.153.043.103.325.734.614.68
Interest129122104111139172213245
Profit before tax23.068.33(109)(286)(439)(545)(526)(272)
Tax6.972.84(26.34)(67.58)(110)(135)(132)(68.26)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue284260234230300415552682
Revenue growth (YoY)-5.5%-37.4%-57.5%-66.3%-57.7%---
Other income19.3117.4811.289.943.664.1317.7320.13
EBITDA133121(24.05)(213)(327)(389)(371)(44.85)
EBITDA margin+46.8%+46.4%-10.3%-92.9%-108.7%-93.8%-67.2%-6.6%
Depreciation2.564.043.943.984.247.205.645.45
Interest132126109120154185229258
Profit before tax17.568.02(125)(327)(481)(578)(588)(289)
Tax5.682.75(30.45)(77.97)(121)(143)(147)(72.27)
Net profit11.885.27(95.00)(249)(360)(434)(440)(216)
EPS (₹)1.490.66(11.88)(32.76)(50.52)(60.91)(61.73)(30.34)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,0242,3552,4011,4011,4631,4831,435
Revenue growth-56.5%-1.9%+71.4%-4.2%-1.3%+3.3%-
Other income42.3768.9311076.2817.2422.9934.21
Total expenses1,4652,844890989832872482
Employee cost533632473304227172171
EBITDA(441)(489)1,510412630611953
EBITDA margin-43.0%-20.8%+62.9%+29.4%+43.1%+41.2%+66.4%
Depreciation16.2022.7020.4110.879.187.628.83
Interest511936930460542426360
Profit before tax(925)(1,379)67117.8296.87200618
Tax(226)(344)1705.4327.0454.99267
Net profit(700)(1,035)50112.3369.46145351
Net profit margin-68.3%-44.0%+20.9%+0.9%+4.8%+9.8%+24.5%
EPS (₹)(87.42)(145.15)70.221.7310.0522.5554.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital79.9771.3171.3070.9869.1064.3264.32
Reserves & surplus2,0492,5623,5733,0282,9432,6852,562
Shareholders' funds (net worth)2,1292,6333,6453,0993,0882,7492,626
Minority interest0.180.230.290.232.382.021.29
Secured loans3,9435,6569,4055,8903,7525,3533,025
Unsecured loans0.000.0020.0018520.1920.180.00
Total debt3,9435,6569,4256,0743,7725,3733,025
Total liabilities6,0728,28913,0709,1746,8628,1245,653
Assets
Gross block12412911399.8183.0291.9180.27
Net block39.0051.6152.3846.9731.2838.0533.93
Capital work in progress0.000.000.000.000.000.000.00
Investments1141101121892.442.33487
Inventories0.000.000.001.270.000.000.00
Sundry debtors0.000.000.000.000.0012.0622.37
Cash & bank balances1,2751,8441,8721,0051,2021,381257
Loans & advances256305199184138106193
Total current assets1,5312,1492,0711,1901,3401,499472
Total current liabilities174205313209214453325
Net working capital1,3571,9441,7589801,1261,046147
Total assets6,0728,28913,0709,1746,8628,1245,653
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1,2361,3988147271,13559.63149
Net cash from operating activities8823,681(2,679)(2,171)863(1,754)(35.17)
Net cash from investing activities165(132)(172)(175)36.22482(487)
Net cash from financing activities(1,514)(3,712)3,4352,433(1,307)2,348434
Net change in cash(466)(162)58586.21(408)1,076(88.98)
Closing cash1,2751,8441,8721,0051,2021,381257
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-56.5%-1.9%+71.4%-4.2%-1.3%+3.3%-
EBITDA growth+9.9%-132.4%+266.6%-34.6%+3.2%-35.9%-
PBT growth+32.9%-+3663.0%-81.6%-51.7%-67.6%+30.6%
Net income growth+32.4%-306.8%+3959.6%-82.3%-52.1%-58.7%-
Revenue CAGR (3Y)-9.9%+17.2%+17.4%-0.8%+11.9%+36.2%-
EBITDA CAGR (3Y)--+35.2%-24.4%-8.9%+5.5%-
Profitability & leverage
Net income margin-68.3%-44.0%+20.9%+0.9%+4.8%+9.8%+24.5%
Return on capital employed0.0%0.0%+14.4%+6.0%+8.5%+9.1%+18.3%
Return on net worth0.0%0.0%+14.9%+0.4%+2.4%+5.4%+15.0%
Debt / equity2.022.402.301.591.571.561.33
Long-term debt / equity2.022.402.271.561.571.561.33
Interest cover-111.89-183.0362.39114.5787.1870.5738.13
Efficiency & per share
Fixed asset turnover8.4320.0423.5616.1616.9217.4920.33
Inventory turnover0.000.003,953.982,326.030.000.000.00
Debtors turnover0.000.000.000.00245.4487.46113.39
EPS (₹)(87.42)(145.15)70.221.7310.0522.5554.65
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)266.27369.24511.16436.60436.00427.44408.30
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue262238207199262374509636
Revenue growth (YoY)-0.1%-36.3%-59.4%-68.7%-60.5%---
Other income18.2315.199.488.622.312.7516.4819.11
Total expenses126120219379561745834678
EBITDA135118(11.56)(180)(299)(370)(325)(41.95)
EBITDA margin+51.8%+49.6%-5.6%-90.2%-114.1%-98.9%-63.7%-6.6%
Depreciation2.013.153.043.103.325.734.614.68
Interest129122104111139172213245
Profit before tax23.068.33(109)(286)(439)(545)(526)(272)
Tax6.972.84(26.34)(67.58)(110)(135)(132)(68.26)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9072,1812,2801,3291,3761,4441,409
Revenue growth-58.4%-4.3%+71.6%-3.5%-4.7%+2.4%-
Other income35.6164.4710765.7915.2620.9231.93
Total expenses1,2762,621841919803860477
Employee cost459555451294217166167
EBITDA(370)(440)1,439410573583932
EBITDA margin-40.8%-20.2%+63.1%+30.8%+41.6%+40.4%+66.2%
Depreciation12.6118.9219.7310.688.557.498.74
Interest479879900447515419357
Profit before tax(825)(1,274)62618.2564.58178598
Tax(201)(317)1585.9117.9548.66261
Net profit(625)(957)46812.3646.68129337
Net profit margin-68.9%-43.9%+20.5%+0.9%+3.4%+8.9%+23.9%
EPS (₹)(78.04)(134.17)65.621.746.7520.0552.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital79.9771.3171.3070.9869.1064.3264.32
Reserves & surplus2,1142,5513,4852,9722,8872,6522,544
Shareholders' funds (net worth)2,1942,6233,5563,0433,0322,7162,608
Secured loans3,8245,1978,9925,7493,6115,1772,996
Unsecured loans0.000.0020.0018520.1920.1820.17
Total debt3,8245,1979,0125,9343,6315,1973,016
Total liabilities6,0187,81912,5688,9776,6637,9135,624
Assets
Gross block92.3597.4291.4581.1464.1773.6862.25
Net block16.0225.9332.1829.3213.5220.4716.43
Capital work in progress0.000.000.000.000.000.000.00
Investments429425329306115115550
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.0012.1122.37
Cash & bank balances1,2141,7911,8481,0021,1991,376251
Loans & advances24929119517991.51102190
Total current assets1,4632,0822,0431,1811,2911,490463
Total current liabilities159189301208201433317
Net working capital1,3041,8941,7419721,0901,057146
Total assets6,0187,81912,5688,9776,6637,9135,624
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1,2071,3868107241,13153.62145
Net cash from operating activities5063,783(2,327)(2,053)820(1,618)(53.67)
Net cash from investing activities178(200)(257)(178)44.87514(485)
Net cash from financing activities(1,171)(3,761)3,1592,317(1,272)2,181447
Net change in cash(487)(179)57586.37(407)1,077(91.79)
Closing cash1,2141,7911,8481,0021,1991,376251
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-58.4%-4.3%+71.6%-3.5%-4.7%+2.4%-
EBITDA growth+16.0%-130.6%+251.2%-28.5%-1.8%-37.4%-
PBT growth+35.2%-+3330.3%-71.7%-63.6%-70.3%+27.4%
Net income growth+34.7%-304.5%+3684.6%-73.5%-63.8%-61.7%-
Revenue CAGR (3Y)-12.0%+16.6%+16.4%-2.0%+9.9%+35.0%+55.1%
EBITDA CAGR (3Y)--+35.1%-24.0%-11.6%+3.9%+69.1%
Profitability & leverage
Net income margin-68.8%-43.9%+20.5%+0.9%+3.4%+8.9%+23.9%
Return on capital employed0.0%0.0%+14.2%+5.9%+8.0%+8.8%+18.0%
Return on net worth0.0%0.0%+14.2%+0.4%+1.6%+4.9%+14.4%
Debt / equity1.872.302.261.571.541.541.33
Long-term debt / equity1.872.302.241.551.541.541.33
Interest cover-125.25-191.4863.43111.9291.2672.7938.70
Efficiency & per share
Fixed asset turnover9.9323.7727.6619.1920.1921.5526.54
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.00229.8384.96111.22
EPS (₹)(78.04)(134.17)65.621.746.7520.0552.35
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)274.32367.80498.74428.74427.89422.28405.53

Timeline of Spandana

4 dated milestones of Spandana across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spandana is founded.
  2. Funding First funding round of $12.5M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $28.8M.

Competitors of Spandana

Spandana has 9 listed competitors in our database, 5 of them funded. They include Manappuram Finance, IIFL Finance, L & T Finance Holdings, Bajaj Finserv and Northern Arc Capital, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Manappuram Finance
manappuram.com1992Valapad, India$39.98M32,076
Consumer and SME loans are provided by Manappuram Finance.
IIFL Finance
iifl.com1995Mumbai, India–16,076
Online gold, home, personal, and business loans are provided.
L & T Finance Holdings
ltfs.com1994Mumbai, India–39,216
Diversified lending services are provided as a non-banking financial institution.
Bajaj Finserv
bajajfinserv.in2007Pune, India–53,782
Financial solutions including loans and insurance are offered.
Northern Arc Capital
northernarc.com2006Chennai, India$283.47M1,139
Household and business loans are provided with risk management support.
Mahindra Finance
mahindrafinance.com1991Mumbai, India$83.13M25,004
Consumer and SME loans are provided by Mahindra Finance.
Hero Fincorp
herofincorp.com1991Delhi, India$274.96M3,446
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
Dvara KGFS
dvarakgfs.com2008Chennai, India$43.71M4,134
Loans for consumers and SMEs are provided alongside financial services.
Cholamandalam Investment and Finance Company
cholamandalam.com1978Chennai, India–51,396
Home and SME loans are provided in India.
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Detailed competitors of Spandana

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Web traffic of Spandana

The website of Spandana (spandanasphoorty.com) receives about 31.3K visits a month and ranks #1,070,966 among all websites worldwide, #9,530 in Investing.

  • Monthly visits
    31.3K

    ▼ 9.5% vs previous month

  • Unique visitors
    4.4K

    per month

  • Global rank
    #1,070,966

    among all websites

  • Category rank
    #9,530

    Finance · Investing

Similar websites

Websites whose visitors overlap most with Spandana. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
MarketsMojo
marketsmojo.com
100%
834.5K#72,195View details
localharyana.com
localharyana.com
100%
–––
Vivifi India Finance
vivifin.com
60%
4.2K#4,319,879View details

Top companies in Consumer and SME Loans

10 companies that operate in the same segment as Spandana (Consumer and SME Loans), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Funding Circle
A peer-to-peer marketplace for business loans is operated and developed.
2010London, England, United KingdomUSD 372.67 MUSD 299.61 M860
Synchrony
Synchrony is engaged in providing credit cards and banking services.
1993Salem, United StatesUSD 25 MUSD 19.12 B20,000
Manappuram Finance
Consumer and SME loans are provided by Manappuram Finance.
1992Valapad, Kerala, IndiaUSD 39.98 MUSD 1.01 B51,650
Carro
Full-stack marketplace services for car ownership are provided.
2015Singapore, Singapore, SingaporeUSD 685.9 MUSD 806.83 M1,381
HomeFirst Finance
Affordable home loans are extended to low and middle-income groups.
2010Mumbai, Maharashtra, IndiaUSD 209.7 MUSD 203.79 M1,630
L & T Finance Holdings
Diversified lending services are provided as a non-banking financial institution.
1994Mumbai, Maharashtra, India–USD 1.9 B36,520
Bajaj Finserv
Financial solutions including loans and insurance are offered.
2007Pune, Maharashtra, India–USD 15.24 B126
Northern Arc Capital
Household and business loans are provided with risk management support.
2006Chennai, Tamil Nadu, IndiaUSD 283.47 MUSD 288.73 M1,100
IIFL Finance
Online gold, home, personal, and business loans are provided.
1995Mumbai, Maharashtra, India–USD 1.38 B38,720
axio
An online lending platform for point-of-sale financing is provided.
2013Bengaluru, Karnataka, IndiaUSD 205.92 MUSD 3.93 M499
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Related news about Spandana

Neutral Spandana Sphoorty; target of Rs 290: Motilal Oswal
Moneycontrol • 2 months ago
Spandana Sphoorty Financial June-Quarter Consol Net Profit 118.8 Million Rupees
Reuters • 3 months ago
Spandana Sphoorty Financial Says Management To Re-Evaluate Terms Of Merger Scheme With Criss Financial
Reuters • 3 months ago
Spandana Sphoorty Financial Approves Merger With Criss Financial Limited
Reuters • 4 months ago
Neutral Spandana Sphoorty; target of Rs 280: Motilal Oswal
Moneycontrol • 5 months ago
Spandana Sphoorty Financial March-Quarter Consol Net Profit 52.7 Million Rupees
Reuters • 5 months ago
Spandana Sphoorty Financial To Consider Fundraise Via Non-Convertible Debentures
Reuters • 5 months ago
Spandana Sphoorty to raise ₹500 cr via secured NCDs; ₹200-cr green shoe option - CNBC TV18
CNBCTV18 • 6 months ago
Spandana Sphoorty Financial Approves NCDs Issue Size Of 5 Billion Rupees Includes 2 Billion Rupees Green Shoe Option
Reuters • 6 months ago
Spandana Sphoorty Financial To Consider Issue Of Non-Convertible Debentures
Reuters • 6 months ago
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Frequently Asked Questions about Spandana

Spandana was founded in 1998 and raised its 1st funding round 9 years after it was founded.

Spandana is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Shalabh Saxena is the current CEO of Spandana.

Spandana is a funded company, having raised a total of $192M across 10 funding rounds to date. The company's 1st funding round was a Private Equity Round of $12.5M, raised on Aug 2007.

Spandana has 11,791 employees.

The primary company behind Spandana, Spandana Sphoorty Financial Limited, reported revenue of ₹2,245 Cr for FY 2025, down 3% year on year.

Spandana was founded in 1998 in Hyderabad, India, as a provider in the microfinance sector. Loans are extended to rural households through a Joint Liability Group model, alongside consumer durable financing and support for water, sanitation, and hygiene improvements. Top-up options for existing borrowers and property-secured loans are also available. Operations focus on low-income communities to enhance financial access and stability.

Spandana's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.

Spandana offers Microfinance, Chetana, Unnati, Consumer Durable Loan, and Water Sanitation & Hygiene Loan.

Yes, Spandana is publicly traded on NSE under the ticker symbol SPANDANA.

Spandana has 13 investors. Key investors include Yes Bank, IndusInd Bank, ICICI Bank, Standard Chartered, and Aditya Birla Capital.

Spandana operates through Spandana Sphoorty Financial Limited.

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