Span Divergent Ltd
Incorporated in 1972, Span Divergent Ltd deals in different businesses through various subsidiaries.[1]
- Market Cap ₹ 27.0 Cr.
- Current Price ₹ 37.1
- High / Low ₹ 51.5 / 19.0
- Stock P/E 84.2
- Book Value ₹ 56.8
- Dividend Yield 0.00 %
- ROCE 0.82 %
- ROE 0.84 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.65 times its book value
- Market value of investments Rs.29.3 Cr. is more than the Market Cap Rs.27.0 Cr.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.14% over past five years.
- Company has a low return on equity of 1.12% over last 3 years.
- Promoter holding has decreased over last 3 years: -15.9%
- Working capital days have increased from -97.1 days to 241 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Healthcare Healthcare Pharmaceuticals & Biotechnology Pharmaceuticals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 72.71 | 0.00 | 2.39 | 1.70 | 1.73 | 1.71 | 1.46 | 1.96 | 1.96 | 1.91 | 1.61 | 1.47 | |
| 71.21 | 5.08 | 6.58 | 5.99 | 2.97 | 2.02 | 1.39 | 1.50 | 1.46 | 1.68 | 1.59 | 1.64 | |
| Operating Profit | 1.50 | -5.08 | -4.19 | -4.29 | -1.24 | -0.31 | 0.07 | 0.46 | 0.50 | 0.23 | 0.02 | -0.17 |
| OPM % | 2.06% | -175.31% | -252.35% | -71.68% | -18.13% | 4.79% | 23.47% | 25.51% | 12.04% | 1.24% | -11.56% | |
| 49.37 | 9.99 | 4.02 | 2.77 | -0.60 | 0.96 | 0.64 | -8.03 | -3.37 | 1.63 | 1.21 | 1.17 | |
| Interest | 4.36 | 0.00 | 0.17 | 0.70 | 0.17 | 0.23 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Depreciation | 5.83 | 0.17 | 0.34 | 0.56 | 1.12 | 0.92 | 0.65 | 0.51 | 0.42 | 0.34 | 0.25 | 0.26 |
| Profit before tax | 40.68 | 4.74 | -0.68 | -2.78 | -3.13 | -0.50 | 0.02 | -8.08 | -3.29 | 1.52 | 0.98 | 0.72 |
| Tax % | 13.59% | 25.74% | 23.53% | 10.79% | 3.51% | -28.00% | 100.00% | -3.96% | 1.22% | 0.00% | 14.29% | 0.00% |
| 35.15 | 3.53 | -0.84 | -3.08 | -3.24 | -0.35 | 0.00 | -7.76 | -3.34 | 1.51 | 0.84 | 0.73 | |
| EPS in Rs | 48.31 | 6.46 | -1.54 | -5.64 | -5.93 | -0.64 | 0.00 | -14.21 | -6.12 | 2.76 | 1.54 | 1.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -9% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 78% |
| 3 Years: | -20% |
| TTM: | -26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 22% |
| 3 Years: | 47% |
| 1 Year: | 70% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.28 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 7.26 |
| Reserves | 51.51 | 45.07 | 45.03 | 41.95 | 38.63 | 38.26 | 38.27 | 30.51 | 27.16 | 28.66 | 29.29 | 33.96 |
| 0.00 | 0.00 | 8.50 | 9.82 | 4.19 | 2.89 | 3.14 | 2.86 | 2.75 | 2.08 | 2.23 | 2.13 | |
| 3.54 | 0.46 | 1.01 | 1.62 | 1.32 | 2.80 | 2.97 | 1.96 | 2.18 | 2.16 | 2.90 | 3.22 | |
| Total Liabilities | 62.33 | 50.99 | 60.00 | 58.85 | 49.60 | 49.41 | 49.84 | 40.79 | 37.55 | 38.36 | 39.88 | 46.57 |
| 0.40 | 2.12 | 5.89 | 9.28 | 8.17 | 5.52 | 4.87 | 4.28 | 3.86 | 3.31 | 3.38 | 3.18 | |
| CWIP | 0.00 | 0.03 | 0.92 | 0.00 | 0.01 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 46.36 | 38.39 | 44.78 | 47.02 | 39.79 | 40.02 | 42.88 | 35.10 | 31.86 | 33.22 | 35.15 | 36.74 |
| 15.57 | 10.45 | 8.41 | 2.55 | 1.63 | 3.85 | 2.07 | 1.41 | 1.83 | 1.83 | 1.35 | 6.65 | |
| Total Assets | 62.33 | 50.99 | 60.00 | 58.85 | 49.60 | 49.41 | 49.84 | 40.79 | 37.55 | 38.36 | 39.88 | 46.57 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44.99 | -4.14 | -0.93 | 2.44 | -1.09 | 1.10 | 0.37 | -0.31 | 0.58 | 0.53 | 1.00 | 0.06 | |
| -5.83 | 10.26 | -8.56 | -2.52 | 6.39 | 0.47 | -0.57 | 0.43 | -0.36 | 0.16 | -1.10 | -0.21 | |
| -32.35 | -12.16 | 8.33 | 0.67 | -5.82 | -1.97 | 0.30 | -0.20 | -0.02 | -0.56 | 0.15 | 5.58 | |
| Net Cash Flow | 6.81 | -6.04 | -1.16 | 0.59 | -0.52 | -0.41 | 0.10 | -0.08 | 0.20 | 0.13 | 0.04 | 5.43 |
| Free Cash Flow | 39.84 | -6.06 | -5.93 | 0.24 | -1.06 | 1.20 | 2.38 | 0.66 | 0.57 | 1.43 | 0.70 | 0.00 |
| CFO/OP | 3,573% | 42% | 36% | -53% | 97% | -374% | 614% | -52% | 138% | 252% | 3,300% | -135% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 62.26 | 50.64 | 49.09 | 30.00 | 18.62 | 29.80 | 36.31 | 74.81 | 69.52 | |
| Inventory Days | 0.00 | 0.00 | ||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 62.26 | 50.64 | 49.09 | 30.00 | 18.62 | 29.80 | 36.31 | 74.81 | 69.52 | |
| Working Capital Days | -10.44 | -867.45 | -1,945.24 | -748.99 | 53.36 | -202.50 | -134.08 | -191.81 | -173.90 | -358.20 | 240.85 | |
| ROCE % | -3.68% | -5.58% | -5.97% | -6.11% | -2.54% | -1.33% | 0.02% | 1.31% | 1.73% | 1.26% | 1.37% | 0.82% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of employees (parent company) employees |
|
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| Cashew Processing business revenue (Dryfruit Factory LLP) Rs. Lakhs |
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| Tissue Culture business revenue (Aranya Agri Biotech LLP) Rs. Lakhs |
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| Trading business revenue (Biospan Scientific LLP + Biospan Contamination Control Solutions) Rs. Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jul - RTA confirmed timely processing of dematerialization requests for quarter ended June 30, 2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
6 Jul - Adverse arbitration award of ₹24.56 lakh plus 12% interest received; company plans to challenge it.
- Closure of Trading Window 24 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Span Divergent Limited - Announcement under Regulation 30 (LODR) - Newspaper Publication
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Span Divergent Limited - Intimation For Re-Appointment Of Internal Auditor Of The Company
30 May - M/s. Christie & Co. re-appointed as internal auditor for FY 2026-27.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
SDL operates across multiple business segments through dedicated subsidiaries in the Food, Agriculture, and Life Sciences verticals. It also provides management consulting and support services, offering financial, technical, and operational expertise to its group entities. The company actively oversees compliance, networking, and business development activities, while closely monitoring subsidiary performance and implementing strategic guidance and corrective measures as approved by the Board.