SPACAPS

SPA Capital Services financials

Market cap
₹61 Cr

Quarterly results

Q4 FY24: revenue up 9.1%, net profit up 33.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ1 FY23Q2 FY23Q3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24
Revenue2 3 6 6 3 +52%5 +35%7 +32%6 +9%
EBITDA0 0 0 0 0 −16%0 +140%0 +367%-0 −103%
Net profit0 0 0 0 0 +0%0 +600%0 +111%0 +33%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +29.3% 1Y

₹140₹160₹180₹200₹220₹240Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹154.95 on 5 Sept 2025 → ₹200.4. High ₹238 (30 Dec 2025), low ₹147.25 (8 Sept 2025).

Financials, as filed

Revenue grew 13.4% a year over 2 years, FY22 to FY24. Operating margin narrowed to 3.4%.

Year endingFY22FY23FY24
Revenue₹16 Cr₹17 Cr₹21 Cr
Operating profit₹1 Cr₹1 Cr₹1 Cr
Operating margin5.8%4.6%3.4%
Interest₹0 Cr₹0 Cr₹0 Cr
Depreciation₹0 Cr₹0 Cr₹0 Cr
Net profit₹0 Cr₹0 Cr₹1 Cr
Net margin1.6%2.3%3.1%
Cash from operations₹0 Cr₹2 Cr₹4 Cr
Free cash flow₹-0 Cr₹2 Cr₹3 Cr
ROCE2.0%1.7%1.6%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY19FY20FY21FY22FY23FY24
Equity capital₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr
Reserves₹14 Cr₹13 Cr₹13 Cr₹13 Cr₹13 Cr₹14 Cr
Borrowings₹14 Cr₹25 Cr₹23 Cr₹24 Cr₹22 Cr₹24 Cr
Other liabilities₹28 Cr₹16 Cr₹5 Cr₹2 Cr₹4 Cr₹2 Cr
Total liabilities₹59 Cr₹57 Cr₹44 Cr₹42 Cr₹42 Cr₹43 Cr
Fixed assets₹2 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹4 Cr₹10 Cr
Other assets₹52 Cr₹51 Cr₹38 Cr₹36 Cr₹37 Cr₹33 Cr
Total assets₹59 Cr₹57 Cr₹44 Cr₹42 Cr₹42 Cr₹43 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count grew 12% to 461.

Promoters
68.7%
Public
31.3%

Since Jun 2025

  • Promoters 0.00 pp
  • Public 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 68.7%, Public 31.3%.Dec '23: Promoters 68.7%, Public 31.3%.Mar '24: Promoters 68.7%, Public 31.3%.Jun '24: Promoters 68.7%, Public 31.3%.Sep '24: Promoters 68.7%, Public 31.3%.Dec '24: Promoters 68.7%, Public 31.3%.Mar '25: Promoters 68.7%, Public 31.3%.Jun '25: Promoters 68.7%, Public 31.3%.Sep '25: Promoters 68.7%, Public 31.3%.Dec '25: Promoters 68.7%, Public 31.3%.Mar '26: Promoters 68.7%, Public 31.3%.Jun '26: Promoters 68.7%, Public 31.3%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of SPA Capital Services Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Dhrubtara Trading Pvt Ltd 19.07%unchanged
Defiant Enterprises Pvt Ltd 18.50%unchanged
Sandeep Parwal 17.79%unchanged
Honey Parwal 5.69%unchanged
Sandeep Parwal Huf 3.98%unchanged
Vijay Shree Builders Pvt Ltd 2.85%unchanged
Zealous Financial Services Pvt Ltd 2.85%unchanged
Satish Kumar Maheshwari 2.11%unchanged
Ramanand Sharma 1.34%unchanged
Anita Satish Maheshwari 1.20%unchanged
Sunil Maheshwari 1.14%unchanged
Sanju Sharma 1.02%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse SPA Capital Services Limited

Guides on how to read this kind of business and the numbers that matter.