Span Divergent quarterly results and financials

Span Divergent (BSE 524727)₹27.10−4.75%(9 Nov 2026 close)Pharmaceuticals

Key facts

In the Jun 2026 quarter (consolidated), Span Divergent reported sales of ₹1.03 Cr, down 4.6% from Jun 2025, and net profit of −₹1.18 Cr. For the year to Mar 2026, sales were ₹17.28 Cr and net profit −₹2.94 Cr.

Sales (Jun 2026): ₹1.03 Cr
Net profit (Jun 2026): −₹1.18 Cr
Sales (FY Mar 2026): ₹17.28 Cr
Net profit (FY Mar 2026): −₹2.94 Cr
EPS (Jun 2026): ₹−1.46
Borrowings (Mar 2026): ₹7.15 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Span Divergent quarterly results

₹ crore unless stated; each column is a quarter.

Span Divergent Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	3.19	3.02	3.04	3.72	2.81	1.91	0.56	1.08	7.67	3.87	4.66	1.03
Expenses	2.96	2.59	2.81	3.44	2.55	2.11	1.48	1.72	7.63	4.93	5.49	2.05
Operating Profit	0.20	0.40	0.20	0.25	0.23	−0.21	−0.93	−0.65	0.00	−1.07	−0.85	−1.03
OPM %	6.5%	13.6%	6.9%	7.0%	8.5%	−11.7%	−171.0%	−61.8%	0.0%	−28.1%	−18.6%	−102.0%
Other Income	0.28	0.37	0.97	0.21	0.26	0.48	0.35	0.92	0.23	0.35	0.16	0.29
Interest	0.19	0.19	0.18	0.17	0.16	0.15	0.16	0.13	0.13	0.12	0.13	0.15
Depreciation	0.46	0.33	0.32	0.27	0.29	0.29	0.23	0.26	0.28	0.29	0.31	0.25
Profit before tax	−0.16	0.24	0.66	0.01	0.05	−0.16	−0.98	−0.13	−0.16	−1.12	−1.12	−1.13
Tax %	76.4%	71.9%	−32.9%	550.0%	16.6%	23.5%	4.0%	21.4%	11.7%	0.9%	−0.9%	3.5%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	−0.29	0.05	0.87	−0.08	0.04	−0.20	−1.02	−0.16	−0.17	−1.12	−1.11	−1.18
EPS (Rs)	−0.49	0.23	1.69	−0.03	0.25	−0.28	−1.64	−0.19	−0.25	−1.79	−1.33	−1.46

Span Divergent profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Span Divergent Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0.00	2.88	14.61	24.23	9.41	7.43	13.14	12.57	12.38	8.98	17.28	17.23
Expenses	5.21	8.34	25.10	31.25	15.13	9.62	12.64	11.39	10.92	9.58	19.76	20.10
Operating Profit	−5.22	−5.49	−10.58	−7.19	−5.76	−2.23	0.41	1.09	1.38	−0.64	−2.58	−2.95
OPM %	—	−191.7%	−72.8%	−29.9%	−61.7%	−30.4%	3.2%	8.8%	11.2%	−7.3%	−15.1%	−17.1%
Other Income	10.01	4.05	2.58	−0.77	1.97	0.83	−7.56	−3.46	1.78	1.26	1.30	1.03
Interest	0.04	0.21	1.71	1.90	2.00	1.59	1.09	1.01	0.73	0.61	0.44	0.53
Depreciation	0.19	0.81	2.61	3.63	3.44	3.10	2.18	2.16	1.63	1.08	1.18	1.13
Profit before tax	4.52	−2.47	−12.27	−13.44	−9.23	−6.09	−10.34	−5.50	0.79	−1.08	−2.89	−3.53
Tax %	27.9%	5.2%	1.5%	4.3%	−7.0%	0.8%	−2.1%	−1.8%	2.5%	17.4%	1.4%	—
Exceptional items	6.99	2.99	0.99	−1.99	0.00	0.00	−8.98	−3.99	0.99	0.00	0.00	0.00
Net Profit	3.27	−2.60	−12.47	−14.01	−8.59	−6.15	−10.13	−5.40	0.78	−1.27	−2.94	−3.58
EPS (Rs)	6.07	−4.79	−22.90	−22.29	−14.25	−10.24	−17.96	−9.26	1.80	−1.69	−3.45	−4.83
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Span Divergent balance sheet

₹ crore, at each year end.

Span Divergent Balance sheet
	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	7.29	5.47	5.46	5.45	5.45	5.45	5.44	5.44	5.45	5.45	5.44	7.24
Reserves	54.55	44.83	43.19	30.60	19.88	12.11	6.57	−3.23	−8.29	−7.36	−8.28	7.61
Borrowings	0.35	0.20	13.15	23.22	22.31	19.20	18.00	13.20	11.16	9.12	8.37	7.15
Other Liabilities	3.82	0.44	2.98	4.04	1.65	2.54	4.25	12.26	17.00	16.66	17.32	6.94
Total Liabilities	66.01	50.94	64.78	63.31	49.29	39.30	34.26	27.67	25.32	23.87	22.85	28.94
Fixed Assets	2.19	2.14	8.13	25.84	22.41	20.11	17.65	15.31	13.07	10.71	9.61	9.30
CWIP	0.08	0.05	10.93	0.00	0.05	0.12	0.01	0.00	0.00	0.00	0.00	0.00
Investments	45.97	35.67	27.98	25.58	16.42	10.10	9.47	4.05	3.97	4.71	6.33	5.17
Other Assets	17.77	13.08	17.74	11.89	10.41	8.97	7.13	8.31	8.28	8.45	6.91	14.47
Inventories	0.22	0.00	1.35	3.54	2.59	1.10	0.61	1.77	1.60	1.17	0.99	1.73
Trade receivables	0.78	0.14	0.02	2.39	1.47	1.02	1.50	1.59	1.91	1.56	1.40	1.55
Cash & equivalents	9.76	3.17	5.34	1.77	1.89	0.46	0.83	0.18	0.39	0.92	1.03	6.95
Total Assets	66.01	50.94	64.78	63.31	49.29	39.30	34.26	27.67	25.32	23.87	22.85	28.94

Span Divergent cash flow

₹ crore, for each year.

Span Divergent Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	60.89	−7.37	−5.37	−11.75	−7.08	−0.11	−0.22	7.04	1.97	2.51	1.87	0.23
Cash from investing activity	−12.16	13.44	−5.57	0.82	10.08	5.91	2.00	−2.06	0.54	0.13	−1.06	1.56
Cash from financing activity	−42.13	−12.15	12.72	7.35	−2.81	−7.31	−1.40	−5.49	−2.29	−2.08	−1.14	4.11
Net cash flow	6.60	−6.14	1.81	−3.58	0.15	−1.56	0.38	−0.53	0.21	0.54	−0.35	5.90
Capex	13.33	0.09	16.04	4.20	0.06	1.33	0.00	0.00	0.16	0.37	0.00	0.40
Free cash flow	47.46	3.90	−21.42	−15.11	−6.92	−1.45	1.78	8.11	1.84	2.11	1.90	−0.18
CFO / OP %	5,865.0%	102.0%	13.1%	60.0%	97.0%	0.0%	3.0%	1,717.0%	185.1%	183.1%	−185.0%	−15.0%

Span Divergent ratios

Working-capital days and returns, by year.

Span Divergent Ratios
	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	4	—	1	60	22	39	73	44	55	46	57	33
Inventory days	3	—	314	101	52	84	143	179	318	206	123	40
Days payable	1	—	79	40	12	79	298	214	527	480	427	136
Cash conversion cycle	6	—	238	122	63	45	−80	11	−153	−227	−246	−62
Working capital days	−8	—	−707	−229	−187	−312	−401	−430	−601	−610	−932	−112
ROCE %	−4.4%	−5.7%	−9.0%	−20.0%	−19.1%	−19.9%	−15.9%	−3.7%	−9.5%	36.0%	−186.8%	−30.0%

Span Divergent: frequently asked questions

What are the latest quarterly results of Span Divergent?

For the Jun 2026 quarter, Span Divergent reported sales of ₹1.03 Cr, down 4.6% year on year and net profit of −₹1.18 Cr. The operating margin was −102.0%.

What is the annual revenue of Span Divergent?

Span Divergent's sales for the year to Mar 2026 were ₹17.28 Cr; over the last twelve months they were ₹17.23 Cr.

What is the net profit of Span Divergent?

Net profit for the year to Mar 2026 was −₹2.94 Cr, and −₹3.58 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−4.83.

How much debt does Span Divergent have?

Span Divergent reported borrowings of ₹7.15 Cr at Mar 2026, against cash and equivalents of ₹6.95 Cr.

What is the free cash flow of Span Divergent?

Cash from operations was ₹0.23 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.18 Cr.

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