Spandana Sphoorty Financial Bonds
3 bonds issued by Spandana Sphoorty Financial, listed across Indian platforms and sorted by yield to maturity (YTM). Compare YTM, coupon, tenure, credit rating and minimum investment.
About Spandana Sphoorty Financial
Spandana Sphoorty Financial Limited is a microfinance lender that is currently contracting sharply, and any investor should weigh that before the yield. Consolidated assets under management fell to Rs 4,958 crore by June 2025 from Rs 11,973 crore in March 2024, a decline of roughly 27% in the June quarter alone. The cause is sector-wide as well as company-specific: borrower over-indebtedness, weakened credit discipline and high field-staff attrition hit collections through FY25. Consolidated gross stage 3 assets rose to 5.25% by December 2024 from 1.68% in March 2024, and 0-plus and 30-plus day delinquencies stood at 16.5% and 13.4% respectively in June 2025. ICRA downgraded the company on weaker-than-expected profitability and asset quality. Capitalisation is the offsetting strength, with a capital adequacy ratio of 40.8% and gearing of 2.6 times as of June 2025.
- AUM
- Rs 4,958 crore
- Capital adequacy
- 40.8%
Figures as of 30 Jun 2025. Rated by ICRA. Source: rating rationale.
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Plan your bond ladderWho is Spandana Sphoorty Financial?
Spandana Sphoorty Financial Limited is a microfinance lender that is currently contracting sharply, and any investor should weigh that before the yield. Consolidated assets under management fell to Rs 4,958 crore by June 2025 from Rs 11,973 crore in March 2024, a decline of roughly 27% in the June quarter alone. The cause is sector-wide as well as company-specific: borrower over-indebtedness, weakened credit discipline and high field-staff attrition hit collections through FY25. Consolidated gross stage 3 assets rose to 5.25% by December 2024 from 1.68% in March 2024, and 0-plus and 30-plus day delinquencies stood at 16.5% and 13.4% respectively in June 2025. ICRA downgraded the company on weaker-than-expected profitability and asset quality. Capitalisation is the offsetting strength, with a capital adequacy ratio of 40.8% and gearing of 2.6 times as of June 2025.
Is it safe to invest in Spandana Sphoorty Financial bonds?
Spandana Sphoorty Financial's listed bonds carry a BBB+ credit rating from ICRA; as of 30 Jun 2025 the company reported AUM of Rs 4,958 crore and capital adequacy of 40.8%. A credit rating measures the chance of default, not price stability, and corporate bonds are not covered by DICGC deposit insurance. Read the issuer's latest rating rationale before you invest.
What yield do Spandana Sphoorty Financial bonds offer right now?
As of Sept 2026, the 3 listed Spandana Sphoorty Financial bonds yield between 11% and 12.25% (average 11.7%), against roughly 6-7% on a comparable bank FD.