Spandana Sphoorty Q4 FY26: AUM Grows 12% QoQ to ₹4,420 Cr, Profitability Returns
Spandana Sphoorty reported Q4 FY26 results with AUM growing 12% QoQ to ₹4,420 Cr and disbursements up 30% QoQ to ₹1,539 Cr. The company returned to profitability with PAT of ₹5 Cr. GNPA improved to 3.78% and NNPA to 0.73%. Liquidity stood at ₹1,438 Cr.
The return to profitability after several quarters and significant QoQ growth in key financial metrics like AUM and disbursements indicate a strong positive impact on the company's financial health and investor confidence.
The company reported positive growth in AUM and disbursements, returned to profitability, and showed improvement in asset quality metrics (GNPA and NNPA).
Spandana Sphoorty Financial Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a 12% quarter-on-quarter (QoQ) growth in Assets Under Management (AUM) to ₹4,420 crore. Disbursements also saw a significant increase of 30% QoQ, reaching ₹1,539 crore.
The company has returned to profitability after six quarters, posting a Profit After Tax (PAT) of ₹5 crore for Q4 FY26. This turnaround is attributed to improved asset quality and enhanced recovery efforts. The Gross Non-Performing Assets (GNPA) reduced to 3.78% and Net Non-Performing Assets (NNPA) to 0.73% as of March 31, 2026, compared to 4.24% and 0.92% respectively at the end of December 2025.
Recovery momentum has been strong, with ₹133 crore recovered in the second half of FY26, an increase from ₹90 crore in the first half. The company maintained robust liquidity with ₹1,438 crore as of March 31, 2026, and a Capital to Risk-Weighted Assets Ratio (CRAR) of approximately 35.9%.
Strategic initiatives include the ongoing merger with Criss Financial Ltd, expected to unlock synergies. The company has also rationalized 347 branches in FY26 to optimize operational efficiency and control costs. Looking ahead, Spandana Sphoorty is focused on customer acquisition, expanding its product offerings, and strengthening its recovery processes.
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