Spa Capital Services Ltd Stock Price Today (NSE: SPACAPS)

Spa Capital Services Ltd

199.00+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Spa Capital Services Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Spa Capital Services Ltd share price today is 199.00, up +0.00% on NSE/BSE as of 17 June 2026. Spa Capital Services Ltd (SPACAPS) is a Small-cap company in the Other Financial Services sector with a market capitalisation of 64.56 (Cr). The 52-week high for SPACAPS share price is 238.00 and the 52-week low is 108.50. At a P/E ratio of 146.72x, SPACAPS is currently trading above its industry average P/E of 30.94x. The company has a Return on Equity (ROE) of 3.64% and a debt-to-equity ratio of 1.14.

Spa Capital Services Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
214.20
Low
198.00
Volume
22.875
Change
-1.91%

Spa Capital Services Ltd share price chart: -1.91% return over the past month. 52-week high ₹238.00, 52-week low ₹108.50.

Spa Capital Services Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
211.95211.95209.95209.9550.00 (Cr)
214.00214.00214.00214.0041.00 (Cr)
205.00205.00205.00205.000.00 (Cr)
205.00205.00205.00205.0050.00 (Cr)
214.20214.20214.20214.201.00 (Cr)
204.00204.00204.00204.001.00 (Cr)
198.00198.00198.00198.0025.00 (Cr)
208.00208.00208.00208.0010.00 (Cr)
208.00208.00208.00208.0011.00 (Cr)
208.00208.00208.00208.0050.00 (Cr)

Spa Capital Services Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
214.00214.00209.95209.95-1.89%
209.00214.20198.00205.00-1.91%
210.00220.50209.00209.00-0.48%
210.00231.40209.45219.90+4.71%
201.40220.45201.40218.00+8.24%
226.10226.10191.90191.90-15.13%
220.00238.00203.30238.00+8.18%
178.00220.50170.00220.00+23.60%
178.40195.00161.05170.00-4.71%
148.75183.75147.25169.95+14.25%
140.55172.00140.00141.70+0.82%
172.00172.00108.50133.90-22.15%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap financial services play trading at a ludicrous valuation with zero margin of safety.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEConsolidation near 52-week high. CMP is -7.6% from 52W high.Expensive. P/E of 146.72x vs industry P/E of 30.94x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The most recent news relates to the company submitting its Q4FY26 compliance certificate under SEBI regulations.

CORE STORY (THE REAL GAME)

SPACAPS is a micro-cap financial services firm, primarily in wealth management and financial advisory. The real game is riding the India financialization wave, targeting institutions, corporates and individuals. This is a play on the continued formalization of the Indian financial system, specifically through wealth management, insurance broking and investment banking.

Why Now
  • Overall positive market sentiment for Indian financial services.
  • NBFC sector growth tailwinds.
  • Recent price momentum (1M: 23.53%, 3M: 34.49%).
Potential Catalysts
  • Significant AUM growth announcements.
  • Earnings beat expectations by a wide margin.
  • Acquisition by a larger financial institution.
Key Risks
  • Micro-cap illiquidity risk.
  • Extremely stretched valuation (P/E 146.72x vs industry 30.94x).
  • Poor free cash flow generation (₹5.74 Cr 5Y) and near-zero sales growth (0.16% CAGR 5Y).
Institutional Activity

Promoter holding steady at 68.74%. No FII/DII activity.

Macro Context

India financialization is a tailwind, but rising interest rates could create headwinds.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹5.74 Cr.

3–6 Month Outlook

In the next 3-6 months, watch for earnings to catch up with the valuation. If they don't, this stock is toast.

Primary Thesis Risk

Valuation collapse if earnings don't materialize.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.64%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.58%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

3.54%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Spa Capital Services Ltd Valuation Check

Poor

Price to Earnings (P/E)

146.72x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

68.74%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-100.00%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-0.79%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

0.16%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

30.69%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

30.69%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.14x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.39x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

5.74 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Spa Capital Services Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SPACAPS across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Excellent EPS Growth (30.69% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (30.69% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (68.74%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (3.64%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.58%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (3.54%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 146.72x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-100.00%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Limited Growth History (0.16% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Elevated Debt Levels (D/E: 1.14)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Spa Capital Services Ltd vs Other Financial Services Peers

Peer Comparison - Other Financial Services

Compare Spa Capital Services Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
22.4/100
199
₹64.56
146.7
Average
3.64%
Poor
3.58%
Poor
1.1
Average
30.69%
Excellent
0.16%
Average
0.00%
Crisil Ltd...
CRISIL500092
64/100
3987
₹32833.08
43.8
Average
27.81%
Excellent
35.60%
Excellent
0.1
Excellent
14.43%
Good
13.49%
Good
0.56%
21.2/100
11320
₹15422.64
208.63%
Excellent
80.21%
Excellent
1.6
Average
179.71%
Excellent
0.00%
53.3/100
154
₹4011.66
864.6
Average
12.36%
Average
16.59%
Good
0.0
Excellent
79.86%
Excellent
188.59%
Excellent
0.01%
20.9/100
51
₹3896.81
114.9
Average
-1.81%
Poor
1.39%
Poor
0.2
Excellent
-32.89%
Poor
0.00%
ALGOQUANT...
ALGOQUANT505725
6.9/100
57
₹1689.95
102.9
Average
37.55%
Excellent
32.47%
Excellent
0.2
Excellent
0.00%
1.7/100
189
₹1396.38
-0.17%
Poor
-0.83%
Poor
0.1
Excellent
14.57%
Good
-17.45%
Poor
0.00%
0/100
23
₹1369.10
-57.60%
Poor
8.93%
Poor
37.5
Poor
47.25%
Excellent
0.00%
67.9/100
913
₹1086.24
32.8
Average
28.60%
Excellent
37.87%
Excellent
0.0
Excellent
94.13%
Excellent
43.40%
Excellent
1.94%
49/100
285
₹998.77
30.0
Average
19.46%
Good
22.62%
Excellent
0.0
Excellent
34.59%
Excellent
3.63%
Average
0.51%
39.1/100
290
₹890.53
39.0
Average
25.18%
Excellent
29.45%
Excellent
0.3
Excellent
0.00%

Spa Capital Services Ltd PE Ratio History

Historical price-to-earnings ratio for SPACAPS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20241.24₹151.75122.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Spa Capital Services Ltd Quarterly Performance

Latest quarterly metrics for SPACAPS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-0.79%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-100.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

0.16%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

30.69%

Compounded annual net profit growth over 5 years

Spa Capital Services Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SPACAPS — calculated from daily price history

47RSI 14
Neutral — RSI 47

Momentum is balanced — neither overbought nor oversold.

SMA 50
213
▼ Price below SMA 50 — Short-term bearish
SMA 200
164
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
0K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Spa Capital Services Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Spa Capital Services Ltd (SPACAPS) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Spa Capital Services Ltd

About SPACAPS (Spa Capital Services Ltd)

Spa Capital Services Ltd is a dynamic financial services provider rooted in the Indian market. Operating within the Other Financial Services sector, SPACAPS delivers a spectrum of ...specialized solutions catered to diverse clientele. Their core offerings encompass sophisticated wealth management strategies designed for institutions, corporations, and high-net-worth individuals, coupled with comprehensive financial advisory services. Beyond traditional investment guidance, SPACAPS distinguishes itself by providing integrated risk management solutions, acting as a vital partner in helping clients navigate the complexities of the financial landscape and mitigate potential threats to their assets. This commitment to comprehensive financial well-being positions them as a trusted resource for individuals and organizations alike. Furthermore, Spa Capital Services Ltd extends its expertise to encompass specialized financial operations. They actively engage in retail insurance services, ensuring individuals and families have access to essential protection. The company's merchant banking division facilitates capital raising and strategic financial planning for businesses. Complementing these services are valuation and consulting offerings, providing objective assessments and expert advice to guide informed decision-making. SPACAPS also provides seamless access to securities brokerage services, enabling clients to participate in the capital markets with ease. They further extend their reach through distribution of mutual funds, offering diversified investment opportunities. Established in 1984 and headquartered in New Delhi, India, Spa Capital Services Ltd demonstrates a long-standing commitment to the Indian financial market. Building on decades of experience, SPACAPS broadens its financial activities by actively engaging in leasing and hire-purchase business. This diversified approach demonstrates their commitment to providing clients with a comprehensive suite of financial solutions, going beyond conventional services to offer alternative funding options. This focus on multiple facets of financial services enables SPACAPS to cater to a wider range of client needs, making them a key player within the Other Financial Services sector.

Company Details

Symbol:SPACAPS
Industry:Other Financial Services
Sector:Other Financial Services

Key Leadership

Mr. Sandeep Parwal
Chairman & MD
Mr. Hitungshu Motilal Debnath
Chief Executive Officer
Amit Sharma
Senior Vice President

SPACAPS Share Price: Frequently Asked Questions

What is the current share price of Spa Capital Services Ltd?

Spa Capital Services Ltd (SPACAPS) trades at ₹199.00 on NSE and BSE. Market cap ₹64.56 (Cr). Educational data only.

What is the P/E ratio of Spa Capital Services Ltd?

Spa Capital Services Ltd has a P/E of 146.72x vs industry average 30.94x.

What is the Bull Run score for Spa Capital Services Ltd?

Spa Capital Services Ltd has a Bull Run score of 22.4/100 based on 25+ financial parameters.

Does Spa Capital Services Ltd pay dividends?

Spa Capital Services Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Spa Capital Services Ltd?

Spa Capital Services Ltd has ROE of 3.64%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Spa Capital Services Ltd?

Spa Capital Services Ltd has debt-to-equity of 1.14.

Is Spa Capital Services Ltd a good investment?

Bull Run gives Spa Capital Services Ltd a score of 22.4/100. This is not investment advice — consult a SEBI-registered advisor.