Span Divergent Limited · CashKonnect

About

Span Divergent Limited, through its subsidiaries, engages in the food, agriculture, and life science businesses in India. The company is involved in the processing raw cashew nuts. It also trades in consumables used in pharmaceutical/biotechnology industries; and offers management consulting services. Span Divergent Limited was formerly known as Span Diagnostics Limited and changed its name to Span Divergent Limited in September 2015. Span Divergent Limited was founded in 1972 and is headquartered in Surat, India.

Key Metrics

as of Sep 2026

Market Cap23 Cr

P/E—

Div Yield0.00 %

Book Value₹20.50

52w High₹51.50

52w Low₹21.20

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	1.02	4.65	3.86	7.65	1.07	0.55	1.90	2.80	3.71	3.03	3.01	3.18	3.43
Expenses	2.06	5.51	4.94	7.65	1.73	1.49	2.12	2.56	3.45	2.82	2.60	2.97	2.86
Operating Profit	-1.04	-0.86	-1.08	0.00	-0.66	-0.94	-0.22	0.24	0.26	0.21	0.41	0.21	0.57
OPM %	-101.96	-18.49	-27.98	0.00	-61.68	-170.91	-11.58	8.57	7.01	6.93	13.62	6.60	16.62
Other Income	0.28	0.15	0.34	0.22	0.91	0.34	0.47	0.25	0.20	0.96	0.36	0.27	0.18
Depreciation	0.24	0.30	0.28	0.27	0.27	0.24	0.28	0.28	0.28	0.33	0.34	0.47	0.49
Interest	0.14	0.12	0.11	0.12	0.12	0.15	0.14	0.15	0.16	0.17	0.18	0.18	0.19
Profit before tax	-1.14	-1.13	-1.13	-0.17	-0.14	-0.99	-0.17	0.06	0.02	0.67	0.25	-0.17	0.07
Tax %	3.51	-0.88	0.88	11.76	21.43	4.04	23.53	16.67	550.00	-32.84	72.00	76.47	-100.00
Net Profit	-1.19	-1.12	-1.13	-0.18	-0.17	-1.03	-0.21	0.05	-0.09	0.88	0.06	-0.30	0.13
EPS in Rs	-1.45	-1.32	-1.78	-0.24	-0.18	-1.63	-0.27	0.24	-0.02	1.68	0.22	-0.48	0.37

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	17.23	8.96	12.33	12.52	13.09	7.40	9.38	24.14	14.57	2.87	0.00	75.47
Expenses	19.82	9.61	10.94	11.42	12.67	9.64	15.16	31.34	25.16	8.37	5.23	74.28
Operating Profit	-2.59	-0.65	1.39	1.10	0.42	-2.24	-5.78	-7.20	-10.59	-5.50	-5.23	1.19
OPM %	-15.03	-7.25	11.27	8.79	3.21	-30.27	-61.62	-29.83	-72.68	-191.64	—	1.58
Other Income	1.29	1.25	1.77	-3.45	-7.54	0.82	1.96	-0.76	2.57	4.04	9.98	53.94
Interest	0.43	0.60	0.72	1.00	1.08	1.58	1.99	1.89	1.70	0.20	0.03	4.39
Depreciation	1.17	1.09	1.64	2.17	2.17	3.11	3.45	3.62	2.60	0.82	0.18	5.96
Profit before tax	-2.90	-1.09	0.80	-5.52	-10.37	-6.11	-9.26	-13.47	-12.32	-2.48	4.54	44.78
Tax %	1.38	17.43	2.50	-1.81	-2.12	0.82	-7.02	4.31	1.46	5.24	27.97	12.93
Net Profit	-2.95	-1.28	0.79	-5.42	-10.15	-6.16	-8.61	-14.05	-12.50	-2.61	3.28	38.99
EPS in Rs	-3.44	-1.68	1.79	-9.25	-17.94	-10.23	-14.23	-22.28	-22.89	-4.78	6.06	53.59
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	7.26	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	7.28
Reserves	7.60	-8.27	-7.35	-8.30	-3.24	6.56	12.12	19.87	30.61	43.11	44.71	54.41
Borrowings	7.14	8.36	9.11	11.15	13.19	17.99	19.19	22.30	23.18	13.12	0.19	0.34
Other Liabilities	6.90	17.28	16.64	17.02	12.27	4.27	2.56	1.64	4.02	2.97	0.44	3.80
Total Liabilities	28.90	22.83	23.86	25.33	27.68	34.28	39.33	49.27	63.27	64.66	50.80	65.83
Fixed Assets	9.33	9.64	10.75	13.12	15.36	17.72	20.19	22.47	25.91	8.15	2.15	2.20
CWIP	0.00	0.00	0.00	0.00	0.00	0.02	0.13	0.06	0.00	10.95	0.06	0.09
Investments	5.15	6.30	4.69	3.95	4.03	9.43	10.07	16.36	25.50	27.87	35.55	45.81
Other Assets	14.42	6.89	8.42	8.26	8.29	7.11	8.94	10.38	11.86	17.69	13.04	17.73
Total Assets	28.90	22.83	23.86	25.33	27.68	34.28	39.33	49.27	63.27	64.66	50.80	65.83

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	0.22	1.86	2.50	1.98	7.03	-0.21	-0.12	-7.09	-11.74	-5.38	-7.36	60.91
Cash from Investing Activity	1.55	-1.05	0.12	0.53	-2.05	1.99	5.89	10.05	0.81	-5.55	13.39	-12.13
Cash from Financing Activity	4.12	-1.15	-2.09	-2.30	-5.50	-1.41	-7.32	-2.82	7.37	12.74	-12.17	-42.19
Net Cash Flow	5.89	-0.34	0.53	0.20	-0.52	0.37	-1.55	0.14	-3.57	1.80	-6.13	6.59
Free Cash Flow	-0.19	1.91	2.12	1.85	8.12	1.79	-1.46	-6.93	-15.13	-21.44	3.91	47.54
CFO/OP %	-15.00	-185.00	183.00	185.00	1,717.00	3.00	0.00	97.00	60.00	13.00	102.00	5,865.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	32.62	56.62	45.88	55.39	44.06	73.49	39.30	22.08	59.62	1.27	—	3.72
Inventory Days	40.32	123.31	206.08	317.65	179.48	143.23	83.88	52.17	101.31	314.18	—	2.68
Days Payable	136.20	426.66	480.26	526.78	213.76	298.01	79.35	12.44	39.95	78.54	—	1.17
Cash Conversion Cycle	-63.26	-246.72	-228.30	-153.74	9.77	-81.29	43.84	61.81	120.98	236.90	—	5.24
Working Capital Days	-111.43	-930.83	-608.63	-599.98	-428.58	-400.02	-310.52	-185.98	-228.22	-705.84	—	-7.01
ROCE %	-29.96	-186.79	36.03	-9.50	-3.67	-15.86	-19.87	-19.10	-19.95	-8.98	-5.73	-4.35

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	48.13	48.13	64.00	64.00	64.00	64.00	64.00	64.01	64.01	64.01	64.01	64.01
Public	51.88	51.88	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00
No. of Shareholders	2,062	2,081	2,108	2,156	2,140	2,138	2,170	2,072	2,046	2,069	2,104	2,123

Corporate Actions

7 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	20 Aug 2015	21 Aug 2015	—	—	Buy Back of Shares
Dividend	16 Jul 2013	—	—	0.50
Dividend	26 Jul 2011	—	—	1.00
Bonus	27 Jul 2010	28 Jul 2010	1:1	—
Dividend	18 Jun 2010	—	—	2.50
Dividend	08 Aug 2008	—	—	2.00
Dividend	10 Aug 2007	—	—	1.80