Span Divergent Ltd.
Snapshot View

12.25 ▼0%

03 August 2021, 04:00:00 P.M.

Overview View Details

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Industry Chemicals Compare with Industry peers
Website http://www.spandiag.com
Financial Indicators
Market Cap 6.69 Cr.
Earnings per share (EPS) -10.23 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 46.88 Trailing Twelve Months Ending 2021-03
Book Value / Share 21.99 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.56 Calculated using Price: 12.25
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.55 Cr. 5,461,747 Shares
FaceValue 10
Company Profile
A thought, conceived more than three decades ago by a pathologist, Dr. Pradip K. Desai, evolved into a start-up company as the Desai Laboratories. The goal was to indigenously develop and manufacture a comprehensive range of ready-made diagnostic reagents needed by clinical pathology laboratories. In 1976, the company was reorganized as Span Diagnostics with an emphasis on in-house R & D to develop more and more products, keeping the customer needs in focus and quality under constant vigil. 

The initial efforts yielded success and SPAN became a private limited company in 1981.The company went public in 1994,to bring in more resources and expand further Concurrently , Span Diagnostics Ltd. with a strengthened marketing & distribution network, emerged as a leader in Indian diagnostic market. 

Today, SPAN – a legendary name in the industry is reckoned for its wide range of quality products and dedicated services. The company operates through strategic marketing divisions, ensuring focused approach to specific customer segments. 

Span Diagnostics Ltd. is a pioneer and trend setter of high quality products for pathology & clinical laboratories in the Indian diagnostics industry. A globally acknowledged and fastest growing diagnostic company with a successful track record of over 3 decades having Asia's one of the largest state-of-the-art ISO-9001:2000, WHO cGMP accredited advanced manufacturing facilities with ISO 13485 & CE accredited products. We have our marketing activities across India and 68 countries worldwide. SPAN services end users and distributors with ready to use testing kits and customized OEM products.

SPAN has nurtured its growth by consistently adding new products through R & D endeavors. The products are manufactured at its state-of-the-art plants in India and France , observing WHO-   cGMP norms. 

SPAN also takes pride in having exclusive strategic business alliances with the leading diagnostic companies from world over, to market their products in India. 

Product range of the company includes
  • Diagnostic Reagents & Kits
  • Instruments
  • Industrial & Research Products
  • Veterinary Products
Milestones:
  • 2006 :  Started marketing and distribution office in UAE 
  •            Accredited for ISO 13485 : 2003 
  • 2005 :  Established manufacturing and R&D facility in France 
  • 2004 :  CE Registration 
  •             Started Amesos:Critical Care Product Division 
  •             Introduced IBD:Institutional Business Division. 
  • 2003:  Accredited for ISO 9001:2000 
  •            Formed iD-Serve:Technical support Division for lab automation 
  • 2002 :  Launched Cogent : Clinical Chemistry Division. 
  • 2001 : Initiated international marketing. 
  • 2000 :  Accredited for ISO 9002 and WHO cGMP. 
  •             Formed Strategic marketing Divisions 
  •             PDP : Popular Diagnostic Product Division. 
  •             Stimulus : Speciality Diagnostic Division. 
  •  1998 : Started SPAN iD : Independent Lab Automation Division. 
  •  1994 : Listed at stock exchange. 
  •  1992 : Commissioned modern manufacturing facility. 
  •  1991 : Ventured into lab automation. 
  •  1988 : Established distribution network. 
  •  1982 : Expanded manufacturing facility 
  •  1980 :  Reorganised as Span Diagnostics Pvt. Ltd. 
  •  1976 :  Foundation - Span Diagnostics . 
  •  1972 :  The beginning - Desai Laboratories. 
Achievements/ recognition:
  • ISO 13485:2003 
  • ISO 9001:2000

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-11.55%
1 Month
-9.99%
3 Month
-4.52%
6 Month
-17.79%
1 Year
+34.47%
2 Year
-52.33%
5 Year
-80.27%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 3.61 1.14 -24.29 92.48 5.87 -5.29 -29.53 -45.78 -40.14
Return on Capital Employed (%) 10.12 8.89 -0.64 80.49 8.14 -4.08 -17.56 -21.68 -17.85
Return on Assets (%) 1.46 0.40 -7.03 50.20 5.63 -4.53 -19.54 -24.98 -19.44

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 29 29 23 62 50 49 36 25 18
Non Curr. Liab. 13 18 14 0 0 7 9 8 11
Curr. Liab. 35 42 53 4 0 9 18 19 15
Minority Int. 0 0 0 0 0 -3 -4
Equity & Liab. 77 89 90 66 51 65 63 49 39
Non Curr. Assets 39 49 48 12 13 28 27 24 21
Curr. Assets 38 41 42 54 38 37 36 25 18
Misc. Exp. not W/O
Total Assets 77 89 90 66 51 65 63 49 39

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 60 81 81 76 3 15 24 9
Other Income 1 1 1 2 3 4 3 1 2
Total Income 61 82 81 78 3 7 18 25 12
Total Expenditure -56 -73 -77 -74 -5 -8 -25 -31 -15
PBIDT 5 9 4 3 -3 -1 -7 -6 -3
Interest -3 -4 -4 -4 0 0 -2 -2 -2
Depreciation -3 -3 -5 -6 0 -1 -3 -4 -3
Taxation -2 -1 -1 -6 -1 0 0 -1 1
Exceptional Items 3 52 7 -1 -2 -1
PAT 1 0 -6 39 3 -3 -13 -14 -9

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -2 8 8 61 -7 -5 -12 -7 0
Cash Fr. Inv. -10 -13 -5 -12 13 -6 1 10 6
Cash Fr. Finan. 6 4 -4 -42 -12 13 7 -3 -7
Net Change -6 0 0 7 -6 2 -4 0 -2
Cash & Cash Eqvt 4 2 1 8 2 5 2 2 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 64.02 64.13 64.13 64.13 64.13 64.13 64.13 64.13 64.13
Public 35.98 35.87 35.87 35.87 35.87 35.87 35.87 35.87 35.87
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 03 Aug 2021
Board Meeting Intimation for Span Divergent Limited - Intimation Of Meeting Of Board Of Directors To Be Held On August 11 2021.
Span Divergent Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2021 inter alia to consider and approve Span Divergent Limited - Intimation of Meeting of Board of Directors to be held on August 11 2021.
Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Span Divergent Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 13 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Span Divergent Limited - Certificate under Regulation 74 (5) of SEBI (DP) Regulation 2018 for the quarter ended on June 30 2021

Technical Scans View Details

Tue, 03 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month Low Close Crossing Last Month Low
Opening at Low Opening at Low
Closing Below Previous Low Closing Below Previous Low
Closing Below Previous Low for 3 days Closing Below Previous Low for 3 days

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