Span Divergent Limited

BSE: 524727
Span Divergent Limited - healthcare in Surat, Gujarat, India. FY 2026 financials and compliance.
CIN L74999GJ1980PLC003710 Incorporated 31 March 1980 ROC Ahmedabad HQ Surat, Gujarat, India
Active Listed - BSE: 524727 Public Limited Company healthcare
Data last updated
Revenue · FY 2026
₹17.22 Cr
▲ 92.24% YoY
Computed EBITDA · FY 2026
-₹1.3 Cr
▼ 335.51% YoY
Net profit · FY 2026
-₹2.95 Cr
▼ 131.39% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7.26 Cr
Issued & subscribed
Open charges
₹9.82 Cr
Satisfied ₹202.33 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
6
Latest available

About Span Divergent Limited

Data last updated: 15 July 2026

Span Divergent Limited is a public limited company based in Surat, Gujarat, India. It specialises in diagnostic centers and pathology labs, a part of the broader healthcare sector. Incorporated on 31 March 1980, the company has been in operation for over 46 years.

Registered with ROC Ahmedabad under CIN L74999GJ1980PLC003710. Listed on BSE: 524727.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.26 Cr. Formerly known as Span Diagnostics Limited and Span Diagnostics Private Limited. It is led by directors including Shefali Pranav Desai and Sanjay Natwarlal Mehta.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 9Th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007.

As per BSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹17.22 Cr, a growth of 92.24% compared to the previous year. The net worth stands at ₹9.83 Cr (up 211.15% YoY). Total assets are valued at ₹28.9 Cr (up 24.57% YoY).

The company has a workforce of approximately 6 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 2 brands - Span Divergent Ltd, Span Divergent. As per MCA filings, the company has open charges of ₹9.82 Cr and satisfied charges of ₹202.33 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website span.in.

Company Details of Span Divergent Limited
CIN L74999GJ1980PLC003710
Registration Number 003710
Incorporation Date 31 March 1980
ROC Ahmedabad
Listing Status Listed (BSE: 524727)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Viral Pradipkumar Desai Managing Director Paras Desai Whole-Time Director Shefali Pranav Desai Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    span.in
  • Social Media
    Locked
  • Registered Address
    9Th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007
  • Industry
    Healthcare, Diagnostic Centers & Pathology Labs
Company report
Span Divergent Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Span Divergent Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Span Divergent Limited

Span Divergent Limited has undergone 2 name changes throughout its history. The company was previously known as Span Diagnostics Limited, and Span Diagnostics Private Limited. The current legal name is Span Divergent Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Span Divergent Limited Current
Span Diagnostics Limited Previous
Span Diagnostics Private Limited Previous

CIN History of Span Divergent Limited

Span Divergent Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999GJ1980PLC003710, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L74999GJ1980PLC003710 Current
L24299GJ1980PLC003710 Previous
U24299GJ1980PLC003710 Previous

Associated Brands with Span Divergent Limited

Span Divergent Limited operates two associated brands: Span Divergent Ltd and Span Divergent. These brands represent Span Divergent Limited's diversified market presence and brand portfolio.

Brand Description Website
Span Divergent
In vitro diagnostic kits are manufactured by Span Divergent. span.in
Span Divergent Ltd
Potato farming, grain marketing, and equipment services in various locations. span.co.in

Business Activity of Span Divergent Limited

Span Divergent Limited is engaged in the principal business activity of support service to organizations, with detailed activities including other support services to organizations.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
N Support service to Organizations N7 Other support services to organizations Locked
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Business activity turnover details for Span Divergent Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Span Divergent Limited

Span Divergent Limited is audited by Y B DESAI AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-08-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Y B DESAI AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-08-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Span Divergent Limited

Span Divergent Limited is currently managed by 7 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Shefali Pranav Desai Director 04 Aug 2022 4 Years 0 Months Current
Sanjay Natwarlal Mehta
Also directs: Akkad Mehta & Co Llp, Meera Industries Limited, Neogen Ionics Limited and 1 more
Director 21 Aug 2004 22 Years 0 Months Current
Viral Pradipkumar Desai
Also directs: Span Diagnostics Llp, Aranya Agri Biotech Llp, Biospan Scientific Llp and 3 more
Managing Director 01 Jul 2003 23 Years 1 Months Current
Paras Desai
Also directs: Aranya Agri Biotech Llp, Biospan Scientific Llp, Biospan Contamination Control Solutions Private Limited
Whole-Time Director 10 Nov 2020 5 Years 9 Months Current
Dharmesh Vinodbhai Desai
Also directs: Meera Industries Limited, Science Engineering & Technological Upliftment Foundation
Additional Director 10 Nov 2025 0 Years 9 Months Current
Jigneshkumar Rameshchandra Desai
Also directs: Valuable Eventures Llp, Nj Global Financial Services Ifsc Private Limited, Nj Trustee Private Limited and 5 more
Director 01 Jan 2024 2 Years 7 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Span Divergent Limited FY 2026 filings available

Span Divergent Limited reported revenue of ₹17.22 Cr (up 92.24% YoY) for FY 2026.

Revenue · FY 2026
₹17.22 Cr ▲ 92.24%
Profit · FY 2026
-₹2.95 Cr ▼ 131.39%
Computed EBITDA · FY 2026
-₹1.3 Cr ▼ 335.51%
Revenue₹ Cr · Consolidated0102030FY 2019: ₹24 Cr24.1FY 2019FY 2020: ₹9 Cr · -61.1% YoY9.4-61.1%FY 2020FY 2021: ₹7 Cr · -21.1% YoY7.4-21.1%FY 2021FY 2022: ₹13 Cr · +76.8% YoY13.1+76.8%FY 2022FY 2023: ₹13 Cr · -4.3% YoY12.5-4.3%FY 2023FY 2024: ₹13 Cr · +1.1% YoY12.7+1.1%FY 2024FY 2025: ₹9 Cr · -29.2% YoY9-29.2%FY 2025FY 2026: ₹17 Cr · +92.2% YoY17.2+92.2%FY 2026
Net Profit₹ Cr · Consolidated-15-10-505FY 2019: ₹14 Cr (loss)-14.1FY 2019FY 2020: ₹9 Cr (loss) · +38.7% YoY-8.6FY 2020FY 2021: ₹6 Cr (loss) · +28.5% YoY-6.2FY 2021FY 2022: ₹10 Cr (loss) · -64.8% YoY-10.2FY 2022FY 2023: ₹5 Cr (loss) · +46.6% YoY-5.4FY 2023FY 2024: ₹1 Cr · +114.4% YoY0.8+114.4%FY 2024FY 2025: ₹1 Cr (loss) · -263.2% YoY-1.3FY 2025FY 2026: ₹3 Cr (loss) · -131.4% YoY-2.9FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0510Q1'25: ₹4 Cr3.7Q1'25Q2'25: ₹3 Cr2.8Q2'25Q3'25: ₹2 Cr1.9Q3'25Q4'25: ₹1 Cr0.5Q4'25Q1'26: ₹1 Cr · -71.2% YoY1.1-71.2%Q1'26Q2'26: ₹8 Cr · +172.4% YoY7.6+172.4%Q2'26Q3'26: ₹4 Cr · +103.9% YoY3.9+103.9%Q3'26Q4'26: ₹5 Cr · +747.1% YoY4.6+747.1%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹17.22 Cr ₹8.96 Cr ₹12.66 Cr ₹12.52 Cr ₹13.09 Cr ₹7.4 Cr ₹9.38 Cr ₹24.14 Cr
Other Income ₹1.29 Cr ₹1.19 Cr ₹1.69 Cr ₹65.66 Lakh ₹1.64 Cr ₹1.93 Cr ₹2.49 Cr ₹1.14 Cr
Total Income ₹18.51 Cr ₹10.15 Cr ₹14.35 Cr ₹13.18 Cr ₹14.73 Cr ₹9.33 Cr ₹11.87 Cr ₹25.28 Cr
Cost of Materials Consumed ₹0 ₹0 ₹9,000 ₹17.39 Lakh ₹2.32 Cr ₹3.78 Lakh ₹44.18 Lakh ₹17.89 Cr
Purchases of Stock-in-Trade ₹16.3 Cr ₹2.8 Cr ₹1.72 Cr ₹1.44 Cr ₹2.09 Cr ₹1.08 Cr ₹2.49 Cr ₹74.48 Lakh
Changes in Inventories -₹72.85 Lakh ₹16.29 Lakh ₹36.8 Lakh ₹24.15 Lakh -₹80.33 Lakh ₹46.01 Lakh ₹1.9 Cr -₹45.12 Lakh
Employee Benefit Expense ₹2.15 Cr ₹2.31 Cr ₹2.3 Cr ₹2.5 Cr ₹2.65 Cr ₹2.19 Cr ₹3.51 Cr ₹5.29 Cr
Finance Costs ₹43.26 Lakh ₹60.39 Lakh ₹71.91 Lakh ₹99.95 Lakh ₹1.08 Cr ₹1.58 Cr ₹1.99 Cr ₹1.89 Cr
Depreciation & Amortisation ₹1.17 Cr ₹1.09 Cr ₹1.64 Cr ₹2.17 Cr ₹2.17 Cr ₹3.11 Cr ₹3.45 Cr ₹3.62 Cr
Other Expenses ₹2.09 Cr ₹4.33 Cr ₹6.89 Cr ₹7.08 Cr ₹6.41 Cr ₹5.88 Cr ₹6.81 Cr ₹7.94 Cr
Total Expenses ₹21.42 Cr ₹11.29 Cr ₹13.64 Cr ₹14.59 Cr ₹15.93 Cr ₹14.33 Cr ₹20.6 Cr ₹36.93 Cr
Profit Before Exceptional Items & Tax -₹2.9 Cr -₹1.14 Cr ₹71.36 Lakh -₹1.41 Cr -₹1.19 Cr -₹5 Cr -₹8.73 Cr -₹11.64 Cr
Exceptional Items ₹0 ₹5.66 Lakh ₹8.5 Lakh -₹4.11 Cr -₹9.17 Cr -₹1.11 Cr -₹53.58 Lakh -₹1.83 Cr
Profit Before Tax -₹2.9 Cr -₹1.08 Cr ₹79.86 Lakh -₹5.52 Cr -₹10.37 Cr -₹6.11 Cr -₹9.26 Cr -₹13.47 Cr
Total Tax Expense ₹4.23 Lakh ₹19.03 Lakh ₹1.81 Lakh -₹9.89 Lakh -₹21.63 Lakh ₹5.21 Lakh -₹64.9 Lakh ₹58.16 Lakh
Net Profit -₹2.95 Cr -₹1.27 Cr ₹78.05 Lakh -₹5.42 Cr -₹10.15 Cr -₹6.16 Cr -₹8.61 Cr -₹14.06 Cr
  attributable to Owners -₹2.5 Cr -₹91.73 Lakh ₹97.55 Lakh -₹5.05 Cr -₹9.8 Cr -₹5.59 Cr -₹7.77 Cr ₹0
  attributable to NCI -₹44.57 Lakh -₹35.64 Lakh ₹19.49 Lakh -₹36.8 Lakh -₹35.27 Lakh -₹57.14 Lakh -₹84.28 Lakh ₹0
Other Comprehensive Income ₹2.16 Lakh ₹0 ₹99,000 -₹39,000 ₹1.07 Lakh ₹2.15 Lakh ₹3.22 Lakh -₹13.88 Lakh
Total Comprehensive Income -₹2.93 Cr -₹1.27 Cr ₹79.04 Lakh -₹5.43 Cr -₹10.14 Cr -₹6.14 Cr -₹8.58 Cr -₹14.2 Cr
EBITDA (computed) -₹1.3 Cr ₹55.19 Lakh ₹3.08 Cr ₹1.75 Cr ₹2.05 Cr -₹31.21 Lakh -₹3.28 Cr -₹6.13 Cr
Basic EPS ₹-5.38 ₹-2.33 ₹1.43 ₹-9.93 ₹-18.59 ₹-11.28 ₹-15.77 ₹-25.74
Diluted EPS ₹-5.38 ₹-2.33 ₹1.43 ₹-9.93 ₹-18.59 ₹-11.28 ₹-15.77 ₹-25.74
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹28.9 Cr ₹23.2 Cr ₹24.19 Cr ₹25.26 Cr ₹27.83 Cr ₹34.44 Cr ₹39.56 Cr ₹49.27 Cr
Non-current Assets ₹9.79 Cr ₹10.37 Cr ₹11.67 Cr ₹13.64 Cr ₹15.86 Cr ₹18.21 Cr ₹21.63 Cr ₹24.41 Cr
Current Assets ₹19.12 Cr ₹12.38 Cr ₹12.07 Cr ₹11.62 Cr ₹11.96 Cr ₹15.6 Cr ₹15.66 Cr ₹24.86 Cr
Property, Plant & Equipment ₹9.31 Cr ₹9.63 Cr ₹10.73 Cr ₹12.48 Cr ₹14.71 Cr ₹16.89 Cr ₹19.33 Cr ₹21.22 Cr
Inventories ₹1.72 Cr ₹99.95 Lakh ₹1.18 Cr ₹1.61 Cr ₹1.78 Cr ₹61.69 Lakh ₹1.11 Cr ₹2.6 Cr
Trade Receivables ₹1.54 Cr ₹1.39 Cr ₹1.55 Cr ₹1.9 Cr ₹1.58 Cr ₹1.49 Cr ₹1.01 Cr ₹1.46 Cr
Cash & Equivalents ₹6.48 Cr ₹58.53 Lakh ₹92.51 Lakh ₹39.9 Lakh ₹19.41 Lakh ₹71.26 Lakh ₹34.43 Lakh ₹1.89 Cr
Equity (Net Worth) ₹9.83 Cr -₹8.84 Cr -₹7.57 Cr -₹8.36 Cr -₹2.93 Cr ₹7.21 Cr ₹13.36 Cr ₹21.93 Cr
Equity Share Capital ₹7.26 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr
Borrowings (Non-current) ₹9.13 Lakh ₹2.59 Cr ₹3.64 Cr ₹5.33 Cr ₹6.48 Cr ₹11.84 Cr ₹10.12 Cr ₹7.32 Cr
Borrowings (Current) ₹7.05 Cr ₹5.76 Cr ₹5.48 Cr ₹5.85 Cr ₹6.72 Cr ₹5.91 Cr ₹8.34 Cr ₹13.62 Cr
Total Debt (computed) ₹7.14 Cr ₹8.35 Cr ₹9.11 Cr ₹11.18 Cr ₹13.19 Cr ₹17.75 Cr ₹18.47 Cr ₹20.94 Cr
Current Liabilities ₹17.41 Cr ₹27.89 Cr ₹27.01 Cr ₹27.85 Cr ₹23.12 Cr ₹14.06 Cr ₹15.35 Cr ₹18.9 Cr
Total Liabilities ₹19.08 Cr ₹32.04 Cr ₹31.75 Cr ₹33.62 Cr ₹30.76 Cr ₹27.23 Cr ₹26.2 Cr ₹27.34 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹21.63 Lakh ₹1.86 Cr ₹2.5 Cr ₹1.98 Cr ₹7.03 Cr
Investing Cash Flow ₹1.55 Cr -₹1.05 Cr ₹11.72 Lakh ₹53.1 Lakh -₹2.05 Cr
Financing Cash Flow ₹4.12 Cr -₹1.15 Cr -₹2.09 Cr -₹2.3 Cr -₹5.5 Cr
Capital Expenditure ₹41.19 Lakh ₹0 ₹38.25 Lakh ₹17.47 Lakh ₹0
Free Cash Flow (computed) -₹19.56 Lakh ₹1.86 Cr ₹2.12 Cr ₹1.8 Cr ₹7.03 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹5.89 Cr -₹33.98 Lakh ₹52.61 Lakh ₹20.48 Lakh -₹51.85 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹4.64 Cr ₹3.87 Cr ₹7.64 Cr ₹1.07 Cr ₹54.83 Lakh ₹1.9 Cr ₹2.81 Cr ₹3.71 Cr
Other Income ₹14.59 Lakh ₹20.02 Lakh ₹21.83 Lakh ₹72.18 Lakh ₹33.58 Lakh ₹43.01 Lakh ₹24.73 Lakh ₹17.52 Lakh
Total Income ₹4.79 Cr ₹4.07 Cr ₹7.86 Cr ₹1.79 Cr ₹88.41 Lakh ₹2.33 Cr ₹3.05 Cr ₹3.89 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹4.39 Cr ₹1.22 Cr ₹6.45 Cr ₹4.24 Cr ₹30.85 Lakh ₹1.4 Cr ₹16.62 Lakh ₹92.58 Lakh
Changes in Inventories ₹12.77 Lakh ₹2.71 Cr -₹2.56 Lakh -₹3.54 Cr ₹8.66 Lakh -₹48.21 Lakh ₹9.66 Lakh ₹46.19 Lakh
Employee Benefit Expense ₹56.38 Lakh ₹53.18 Lakh ₹53.84 Lakh ₹51.16 Lakh ₹59.93 Lakh ₹56.01 Lakh ₹62.07 Lakh ₹52.51 Lakh
Finance Costs ₹12.23 Lakh ₹10.84 Lakh ₹11.88 Lakh ₹11.92 Lakh ₹14.63 Lakh ₹14.25 Lakh ₹15.29 Lakh ₹16.22 Lakh
Depreciation & Amortisation ₹30.15 Lakh ₹27.87 Lakh ₹26.69 Lakh ₹27.23 Lakh ₹23.77 Lakh ₹28.42 Lakh ₹28.43 Lakh ₹28.18 Lakh
Other Expenses ₹41.35 Lakh ₹48.97 Lakh ₹67.74 Lakh ₹52.6 Lakh ₹49.27 Lakh ₹63.74 Lakh ₹1.68 Cr ₹1.53 Cr
Total Expenses ₹5.92 Cr ₹5.34 Cr ₹8.03 Cr ₹2.13 Cr ₹1.87 Cr ₹2.54 Cr ₹3 Cr ₹3.88 Cr
Profit Before Exceptional Items & Tax -₹1.13 Cr -₹1.27 Cr -₹16.79 Lakh -₹33.46 Lakh -₹98.7 Lakh -₹21.2 Lakh ₹5.69 Lakh ₹19,000
Exceptional Items ₹0 ₹14.2 Lakh ₹30,000 ₹19 Lakh ₹0 ₹3.66 Lakh ₹0 ₹2 Lakh
Profit Before Tax -₹1.13 Cr -₹1.13 Cr -₹16.49 Lakh -₹14.46 Lakh -₹98.7 Lakh -₹17.54 Lakh ₹5.69 Lakh ₹2.19 Lakh
Total Tax Expense -₹1.32 Lakh ₹71,000 ₹2.28 Lakh ₹2.55 Lakh ₹3.69 Lakh ₹3.57 Lakh ₹1.04 Lakh ₹10.72 Lakh
Net Profit -₹1.12 Cr -₹1.14 Cr -₹18.77 Lakh -₹17.01 Lakh -₹1.02 Cr -₹21.11 Lakh ₹4.65 Lakh -₹8.53 Lakh
  attributable to Owners -₹96.13 Lakh -₹97.27 Lakh -₹13.43 Lakh -₹9.83 Lakh -₹88.6 Lakh -₹15.23 Lakh ₹12.83 Lakh -₹55,000
  attributable to NCI -₹15.64 Lakh -₹16.39 Lakh -₹5.34 Lakh -₹7.18 Lakh -₹13.79 Lakh -₹5.87 Lakh -₹7.93 Lakh -₹7.98 Lakh
Other Comprehensive Income ₹2.16 Lakh ₹0 ₹0 -₹1,000 -₹74,000 ₹24,000 ₹25,000 ₹24,000
Total Comprehensive Income -₹1.1 Cr -₹1.14 Cr -₹18.77 Lakh -₹17.02 Lakh -₹1.03 Cr -₹20.87 Lakh ₹4.9 Lakh -₹8.29 Lakh
EBITDA (computed) -₹70.71 Lakh -₹88.44 Lakh ₹21.78 Lakh ₹5.69 Lakh -₹60.3 Lakh ₹21.47 Lakh ₹49.41 Lakh ₹44.59 Lakh
Basic EPS ₹-2.02 ₹-2.08 ₹-0.34 ₹-0.31 ₹-1.87 ₹-0.39 ₹0.09 ₹-0.16
Diluted EPS ₹-2.02 ₹-2.08 ₹-0.34 ₹-0.31 ₹-1.87 ₹-0.39 ₹0.09 ₹-0.16
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Cashew processing ₹3.8 Cr -₹75.54 Lakh ₹9.27 Cr ₹3.37 Cr
Tissu Culture ₹2.09 Lakh ₹0 ₹69.94 Lakh ₹10.23 Lakh
Trading ₹81.3 Lakh -₹33.71 Lakh ₹4.57 Cr ₹10.39 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Cashew processing ₹13.68 Cr -₹2.69 Cr - -
Tissu Culture ₹24.94 Lakh ₹0 - -
Trading ₹3.64 Cr -₹73.89 Lakh - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹1.47 Cr ₹1.61 Cr ₹1.91 Cr ₹1.96 Cr ₹1.96 Cr ₹1.46 Cr ₹1.71 Cr ₹1.73 Cr
Other Income ₹75.78 Lakh ₹1.15 Cr ₹1.55 Cr ₹73.65 Lakh ₹1.15 Cr ₹1.75 Cr ₹1.49 Cr ₹1.23 Cr
Total Income ₹2.22 Cr ₹2.76 Cr ₹3.46 Cr ₹2.7 Cr ₹3.12 Cr ₹3.21 Cr ₹3.2 Cr ₹2.96 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹1.23 Cr ₹1.2 Cr ₹1.18 Cr ₹1.04 Cr ₹1.14 Cr ₹95.37 Lakh ₹1.37 Cr ₹1.71 Cr
Finance Costs ₹2.16 Lakh ₹0 ₹0 ₹0 ₹0 ₹3.62 Lakh ₹23.14 Lakh ₹17.26 Lakh
Depreciation & Amortisation ₹25.8 Lakh ₹25.16 Lakh ₹34.11 Lakh ₹42.46 Lakh ₹50.9 Lakh ₹65.15 Lakh ₹91.59 Lakh ₹1.12 Cr
Other Expenses ₹40.24 Lakh ₹39.1 Lakh ₹51.9 Lakh ₹41.54 Lakh ₹36.72 Lakh ₹43.23 Lakh ₹63.75 Lakh ₹1.26 Cr
Total Expenses ₹1.91 Cr ₹1.84 Cr ₹2.04 Cr ₹1.88 Cr ₹2.02 Cr ₹2.07 Cr ₹3.15 Cr ₹4.27 Cr
Profit Before Exceptional Items & Tax ₹31.46 Lakh ₹92.39 Lakh ₹1.43 Cr ₹81.08 Lakh ₹1.1 Cr ₹1.13 Cr ₹4.3 Lakh -₹1.3 Cr
Exceptional Items ₹41.1 Lakh ₹5.66 Lakh ₹8.5 Lakh -₹4.11 Cr -₹9.17 Cr -₹1.11 Cr -₹53.57 Lakh -₹1.83 Cr
Profit Before Tax ₹72.56 Lakh ₹98.05 Lakh ₹1.51 Cr -₹3.3 Cr -₹8.07 Cr ₹2.3 Lakh -₹49.27 Lakh -₹3.13 Cr
Total Tax Expense -₹8,000 ₹14.09 Lakh ₹43,000 ₹3.98 Lakh -₹31.66 Lakh ₹2.48 Lakh -₹14.21 Lakh ₹10.73 Lakh
Net Profit ₹72.64 Lakh ₹83.96 Lakh ₹1.51 Cr -₹3.34 Cr -₹7.76 Cr -₹18,000 -₹35.06 Lakh -₹3.24 Cr
Other Comprehensive Income ₹4.08 Lakh -₹53,000 -₹1.16 Lakh -₹1.22 Lakh ₹25,000 ₹76,000 -₹48,000 -₹7.96 Lakh
Total Comprehensive Income ₹76.72 Lakh ₹83.43 Lakh ₹1.5 Cr -₹3.35 Cr -₹7.76 Cr ₹58,000 -₹35.54 Lakh -₹3.32 Cr
EBITDA (computed) ₹59.42 Lakh ₹1.18 Cr ₹1.77 Cr ₹1.24 Cr ₹1.61 Cr ₹1.82 Cr ₹1.19 Cr -₹78,000
Basic EPS ₹1.33 ₹1.54 ₹2.76 ₹-6.11 ₹-14.20 ₹0.00 ₹-0.64 ₹-5.94
Diluted EPS ₹1.33 ₹1.54 ₹2.76 ₹-6.11 ₹-14.20 ₹0.00 ₹-0.64 ₹-5.94
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹46.57 Cr ₹39.96 Cr ₹38.46 Cr ₹37.64 Cr ₹40.79 Cr ₹49.85 Cr ₹49.41 Cr ₹49.6 Cr
Non-current Assets ₹35.46 Cr ₹33.14 Cr ₹32.44 Cr ₹32.33 Cr ₹35.69 Cr ₹38.66 Cr ₹35.81 Cr ₹31.61 Cr
Current Assets ₹11.11 Cr ₹6.82 Cr ₹6.02 Cr ₹5.31 Cr ₹5.1 Cr ₹10.56 Cr ₹11.32 Cr ₹17.99 Cr
Property, Plant & Equipment ₹3.15 Cr ₹3.37 Cr ₹3.29 Cr ₹3.56 Cr ₹3.87 Cr ₹4.34 Cr ₹4.79 Cr ₹7.15 Cr
Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹27.72 Lakh ₹33.06 Lakh ₹19.05 Lakh ₹16.33 Lakh ₹10.48 Lakh ₹12.46 Lakh ₹23 Lakh ₹24.14 Lakh
Cash & Equivalents ₹5.85 Cr ₹42.06 Lakh ₹37.78 Lakh ₹24.99 Lakh ₹4.62 Lakh ₹12.72 Lakh ₹3.16 Lakh ₹43.99 Lakh
Equity (Net Worth) ₹41.22 Cr ₹34.75 Cr ₹34.12 Cr ₹32.62 Cr ₹35.97 Cr ₹43.73 Cr ₹43.72 Cr ₹44.09 Cr
Equity Share Capital ₹7.26 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr ₹5.46 Cr
Borrowings (Non-current) ₹9.13 Lakh ₹2.11 Cr ₹1.98 Cr ₹2.68 Cr ₹2.78 Cr ₹2.76 Cr ₹1.87 Cr ₹6.69 Lakh
Borrowings (Current) ₹2.04 Cr ₹11.89 Lakh ₹10.46 Lakh ₹6.8 Lakh ₹8.12 Lakh ₹0 ₹1 Cr ₹4.1 Cr
Total Debt (computed) ₹2.13 Cr ₹2.23 Cr ₹2.08 Cr ₹2.75 Cr ₹2.86 Cr ₹2.76 Cr ₹2.87 Cr ₹4.17 Cr
Current Liabilities ₹4.29 Cr ₹2.15 Cr ₹1.86 Cr ₹2.14 Cr ₹1.48 Cr ₹2.43 Cr ₹3.23 Cr ₹4.73 Cr
Total Liabilities ₹5.35 Cr ₹5.2 Cr ₹4.34 Cr ₹5.02 Cr ₹4.82 Cr ₹6.12 Cr ₹5.69 Cr ₹5.51 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹5.78 Lakh ₹99.9 Lakh ₹53.2 Lakh ₹58.3 Lakh -₹30.71 Lakh
Investing Cash Flow -₹20.53 Lakh -₹1.1 Cr ₹15.9 Lakh -₹35.93 Lakh ₹42.6 Lakh
Financing Cash Flow ₹5.58 Cr ₹14.78 Lakh -₹56.31 Lakh -₹2 Lakh -₹20 Lakh
Capital Expenditure ₹5.65 Lakh ₹30.47 Lakh ₹0 ₹50,000 ₹0
Free Cash Flow (computed) ₹13,000 ₹69.43 Lakh ₹53.2 Lakh ₹57.8 Lakh -₹30.71 Lakh
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹5.43 Cr ₹4.28 Lakh ₹12.79 Lakh ₹20.37 Lakh -₹8.11 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹35.66 Lakh ₹35.95 Lakh ₹36.57 Lakh ₹38.45 Lakh ₹32.06 Lakh ₹34.22 Lakh ₹43.42 Lakh ₹51.28 Lakh
Other Income ₹12.25 Lakh ₹17.78 Lakh ₹19.27 Lakh ₹26.48 Lakh ₹36.3 Lakh ₹30.22 Lakh ₹26.42 Lakh ₹22.26 Lakh
Total Income ₹47.91 Lakh ₹53.73 Lakh ₹55.84 Lakh ₹64.93 Lakh ₹68.36 Lakh ₹64.44 Lakh ₹69.84 Lakh ₹73.54 Lakh
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹36.39 Lakh ₹29 Lakh ₹30.44 Lakh ₹26.92 Lakh ₹35.39 Lakh ₹28.28 Lakh ₹29.46 Lakh ₹26.41 Lakh
Finance Costs ₹46,000 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹6.53 Lakh ₹6.55 Lakh ₹6.44 Lakh ₹6.28 Lakh ₹6.3 Lakh ₹6.26 Lakh ₹6.29 Lakh ₹6.31 Lakh
Other Expenses ₹8.58 Lakh ₹17.63 Lakh ₹7.75 Lakh ₹7.99 Lakh ₹12.49 Lakh ₹7.9 Lakh ₹9.33 Lakh ₹9.38 Lakh
Total Expenses ₹51.96 Lakh ₹53.18 Lakh ₹44.63 Lakh ₹41.19 Lakh ₹54.18 Lakh ₹42.44 Lakh ₹45.08 Lakh ₹42.1 Lakh
Profit Before Exceptional Items & Tax -₹4.05 Lakh ₹55,000 ₹11.21 Lakh ₹23.74 Lakh ₹14.18 Lakh ₹22 Lakh ₹24.76 Lakh ₹31.44 Lakh
Exceptional Items ₹7.6 Lakh ₹14.2 Lakh ₹30,000 ₹19 Lakh ₹0 ₹3.66 Lakh ₹0 ₹2 Lakh
Profit Before Tax ₹3.55 Lakh ₹14.75 Lakh ₹11.51 Lakh ₹42.74 Lakh ₹14.18 Lakh ₹25.66 Lakh ₹24.76 Lakh ₹33.44 Lakh
Total Tax Expense -₹1.66 Lakh ₹1.01 Lakh -₹50,000 ₹1.07 Lakh ₹98,000 ₹2.17 Lakh ₹59,000 ₹10.36 Lakh
Net Profit ₹5.21 Lakh ₹13.74 Lakh ₹12.01 Lakh ₹41.67 Lakh ₹13.2 Lakh ₹23.49 Lakh ₹24.17 Lakh ₹23.08 Lakh
Other Comprehensive Income ₹4.48 Lakh -₹13,000 -₹13,000 -₹13,000 ₹34,000 -₹29,000 -₹27,000 -₹29,000
Total Comprehensive Income ₹9.69 Lakh ₹13.61 Lakh ₹11.88 Lakh ₹41.54 Lakh ₹13.54 Lakh ₹23.2 Lakh ₹23.9 Lakh ₹22.79 Lakh
EBITDA (computed) ₹2.94 Lakh ₹7.1 Lakh ₹17.65 Lakh ₹30.02 Lakh ₹20.48 Lakh ₹28.26 Lakh ₹31.05 Lakh ₹37.75 Lakh
Basic EPS ₹0.09 ₹0.25 ₹0.22 ₹0.76 ₹0.24 ₹0.43 ₹0.44 ₹0.42
Diluted EPS ₹0.09 ₹0.25 ₹0.22 ₹0.76 ₹0.24 ₹0.43 ₹0.44 ₹0.42
Latest 8 quarters shown.
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You're viewing the latest exchange-filed financials for Span Divergent Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Span Divergent Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 48.13%, retail and other public shareholders hold 51.87% of Span Divergent Limited. The company had 2,081 shareholders on record.

Promoters: 48.13%Retail & Others: 51.87%
Mar 2026
QUARTER
48.13% Promoters
51.87% Retail & Others
Promoter holding - history
Now 48.13% · Mar 2026High 64.01% · Jun 2023Low 48.13% · Mar 2026
47%51.8%56.5%61.3%66%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 64.01%Sep 2023: 64.01%Dec 2023: 64.01%Mar 2024: 64.01%Jun 2024: 64.01%Sep 2024: 64.01%Dec 2024: 64.00%Mar 2025: 64.00%Jun 2025: 64.00%Sep 2025: 64.00%Dec 2025: 64.00%Mar 2026: 48.13%64.01%48.13%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters48.13%64.00%64.00%64.00%64.00%64.00%
Public51.87%36.00%36.00%36.00%36.00%36.00%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters48.13%64.00%64.01%
Public51.87%36.00%35.99%
Promoter change (YoY, %pts)-15.87-0.01-

Group Structure of Span Divergent Limited

Span Divergent Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Span Divergent Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Biospan Contamination Control Solutions Private Limited U51909GJ2017PTC099131 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Span Divergent Limited

Open charges
₹9.82 Cr
Satisfied charges
₹202.33 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Others₹4.82 Cr
Latest charge details
DateLenderAmountStatus
15 May 2026 Hdfc Bank Limited ₹5 Cr Open
08 Mar 2018 Others ₹4.82 Cr Open
07 Mar 2023 Others ₹4.6 Cr Satisfied
24 Aug 2020 Sidbi ₹1.57 Cr Satisfied
19 Jan 2018 Others ₹4.3 Cr Satisfied

Total charge records: 21 View all charges

Employees and EPFO Compliance at Span Divergent Limited

Span Divergent Limited has a workforce of 6 employees as of Mar 28, 2024.

Employee count
6
Active EPFO establishments
1
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Employee and EPFO history for Span Divergent Limited

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GST Compliance of Span Divergent Limited

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GST registrations and filing compliance for Span Divergent Limited

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Credit Ratings, Litigation & Regulatory Alerts for Span Divergent Limited

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MSME Payment Delays by Span Divergent Limited

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MSME payment history for Span Divergent Limited

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Subsidiaries & Group Companies of Span Divergent Limited

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Corporate group structure for Span Divergent Limited

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MCA Filings & Documents of Span Divergent Limited

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MCA filings and documents for Span Divergent Limited

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Recent Activity on Span Divergent Limited

Charges
15 May 2026
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101294371 was registered on 15 May 2026.
Charges
02 May 2026
A charge registered on 07 Mar 2023 via Charge ID 100691871 with Others was fully satisfied on 02 May 2026.
Directors
10 Nov 2025
Dharmesh Vinodbhai Desai was appointed as a Additional Director on 10 Nov 2025 & has been associated with this company since 9 months 11 days.
Activity
29 Sep 2025
Span Divergent Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Span Divergent Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
29 Jul 2024
A charge with Others of Rs. 4.60 Cr registered on 07 Mar 2023 with Charge ID 100691871 was modified on 29 Jul 2024.

Recent News on Span Divergent Limited

Span Diagnostic's CFO Samkit N Mehta resigns
17 Aug 2017 · Moneycontrol

Frequently Asked Questions about Span Divergent Limited

Span Divergent Limited is an active public limited company in the healthcare sector based in Surat, Gujarat, India. It was incorporated on 31 March 1980 (46+ years old) and is registered under CIN L74999GJ1980PLC003710. Listed on BSE: 524727. The company has 6 employees.

Span Divergent Limited reported revenue of ₹17.22 Cr for FY 2026 (up 92.24% YoY) based on consolidated BSE filings.

The current directors of Span Divergent Limited are:

The primary industry of Span Divergent Limited is healthcare. The company specifically operates in diagnostic centers and pathology labs. The company is currently active in this sector.

Yes. Span Divergent Limited is listed on BSE with code 524727.

Span Divergent Limited can be reached at the registered office: 9Th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007, or through the website span.in.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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