The book value per share of Spandana Sphoorty Financial Limited is approximately ₹244 to ₹308, depending on the specific accounting quarter and the valuation methodology utilized. This metric reflects the net asset value attributable to equity shareholders divided by the total number of outstanding shares. However, because the company has navigated intense credit provisioning cycles and fluctuating asset quality in its microfinance portfolio, evaluating the book value requires looking closely at ongoing provisioning adjustments and net worth changes.