About Span Divergent Limited
Data last updated: 17 December 2025
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 ₹5.46 Cr. Formerly known as Span Diagnostics Limited and Span Diagnostics Private Limited. It is led by directors including Viral Pradipkumar Desai and Sanjay Natwarlal Mehta.
Last AGM: 26 September 2024. Financial statements filed for year ended 31 March 2024. Office: 9Th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.15 Cr, a decline of 29% compared to the previous year.
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 ₹9.42 Cr and satisfied charges of ₹197.73 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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address9Th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007
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IndustryHealthcare, Diagnostic Centers & Pathology Labs
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|
| In vitro diagnostic kits are manufactured by Span Divergent. | span.in | |
| 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 | ********* |
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 8 directors, with 24 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Pradipkumar Desai | Managing Director | 01 Jul 2003 | 23 Years 0 Months | Current |
| Sanjay Natwarlal Mehta | Director | 21 Aug 2004 | 21 Years 10 Months | Current |
| Shefali Pranav Desai | Director | 04 Aug 2022 | 3 Years 11 Months | Current |
| Paras Desai | Nodal Officer | 03 Sep 2019 | 6 Years 10 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 6 Months | Current |
|
Rajendra Navinchandra Chokhawala
Also directs:
Surat Abo Foundation, Yes Greentex Infra Llp, Surat Mega Textile Processing Park Association and 5 more
|
Director | 01 Jan 2024 | 2 Years 6 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
| 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 |
| 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 |
| 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 |
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.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 48.13% | 64.00% | 64.00% | 64.00% | 64.00% | 64.00% |
| Public | 51.87% | 36.00% | 36.00% | 36.00% | 36.00% | 36.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 48.13% | 64.00% | 64.01% |
| Public | 51.87% | 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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Biospan Contamination Control Solutions Private Limited | U51909GJ2017PTC099131 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Span Divergent Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2023 | Others | ₹4.6 Cr | Open |
| 08 Mar 2018 | Others | ₹4.82 Cr | Open |
| 24 Aug 2020 | Sidbi | ₹1.57 Cr | Satisfied |
| 19 Jan 2018 | Others | ₹4.3 Cr | Satisfied |
| 30 Aug 2017 | Sidbi | ₹5.2 Cr | Satisfied |
Total charge records: 20 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 & EPFO Data of Span Divergent Limited
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GST Compliance of Span Divergent Limited
GSTIN & GST Filing Data of Span Divergent Limited
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Credit Ratings, Litigation & Regulatory Alerts for Span Divergent Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Span Divergent Limited
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MSME Payment Delays by Span Divergent Limited
MSME Payment Delays by Span Divergent Limited
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Subsidiaries & Group Companies of Span Divergent Limited
Subsidiaries & Group Companies of Span Divergent Limited
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MCA Filings & Documents of Span Divergent Limited
MCA Filings & Documents of Span Divergent Limited
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Recent Activity on Span Divergent Limited
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 ₹10.15 Cr for FY 2025 (down 29.00% YoY).
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.