CreditAccess Grameen Ltd
CREDITACCCreditAccess Grameen Ltd
CREDITACC
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 10.96 | 2.23 | 0.11% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.53 | 2.58 | 0.94% |
Forecast & Ratings
Detailed Forecast from 13 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
CreditAccess Grameen is a non-banking financial company engaged in microfinance sector. Its services are focused towards the rural poor and low income households particularly women
Investor Presentation
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Shriram Finance Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,283.32 | 1,705.48 | 2,466.07 | 2,750.13 | 3,550.79 | 5,172.65 | 5,720.83 | |||||||
Raw Materials | — | — | — | — | — | — | 3,870.72 | |||||||
| Power & Fuel Cost | — | — | — | — | — | — | ||||||||
| Employee Cost | 186.05 | 262.05 | 379.99 | 437.66 | 515.24 | 669.43 | ||||||||
| Selling & Administrative Expenses | 88.18 | 125.95 | 136.93 | 180.30 | 246.12 | 295.46 | ||||||||
| Operating & Other expenses | 503.56 | 835.51 | 1,724.68 | 1,604.15 | 1,634.17 | 2,217.43 | ||||||||
EBITDA | 505.53 | 481.97 | 224.47 | 528.02 | 1,155.26 | 1,990.33 | 1,850.11 | |||||||
| Depreciation/Amortization | 7.79 | 20.37 | 44.07 | 47.23 | 49.84 | 51.15 | 58.35 | |||||||
| PBIT | 497.74 | 461.60 | 180.40 | 480.79 | 1,105.42 | 1,939.18 | 1,791.76 | |||||||
| Interest & Other Items | — | — | — | — | — | — | — | |||||||
| PBT | 497.74 | 461.60 | 180.40 | 480.79 | 1,105.42 | 1,939.18 | 1,791.76 | |||||||
| Taxes & Other Items | 175.98 | 128.05 | 46.38 | 127.72 | 279.36 | 493.25 | 457.62 | |||||||
| Net Income | 321.76 | 333.55 | 134.02 | 353.07 | 826.06 | 1,445.93 | 1,334.14 | |||||||
| EPS | 22.41 | 23.20 | 8.95 | 22.67 | 52.49 | 90.86 | 83.71 | |||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 10.00 | |||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.12 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
FinancialsConsumer Finance
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| CreditAccess Grameen Ltd | 10.12 | 2.23 | 0.11% |
| Bajaj Finance Ltd | 29.69 | 5.60 | 0.52% |
| Jio Financial Services Ltd | 132.68 | 1.53 | — |
| Shriram Finance Ltd | 16.27 | 2.41 | 1.41% |
Price Comparison
Compare CREDITACC with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.22%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.47%
Top 5 Mutual Funds holding CreditAccess Grameen Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Canara Robeco Emerging Equities - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5591% | Percentage of the fund’s portfolio invested in the stock 0.93% | Change in the portfolio weight of the stock over the last 3 months -0.22% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 61/96 (-5) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1942% | Percentage of the fund’s portfolio invested in the stock 0.28% | Change in the portfolio weight of the stock over the last 3 months -0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 96/234 (-59) |
Axis Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9297% | Percentage of the fund’s portfolio invested in the stock 0.57% | Change in the portfolio weight of the stock over the last 3 months -0.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 38/132 (+36) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have CreditAccess Grameen Ltd
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 26, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Jul 26, 2024
CreditAccess Grameen has allotted 18,463 equity shares under ESOP on 06 December 2024. Powered by Capital Market - Live
CreditAccess Grameen announced that it has raised Euro 25 million from the German Investment Corporation, DEG, and INR 170 crore from Citi through a co-financing facility. In this new collaborative agreement, Citi acted as the Lead Arranger and Coordinator. This long-tenor co-financing arrangement is one of its kind in the Indian microfinance industry, representing a significant step in strengthening CA Grameen's funding profile to further its mission of providing affordable financial services to women entrepreneurs across India. Innovative blended finance tools, such as co-financing facility, enable development finance and private sector partnerships to mobilise funding towards sustainable development. Such support would significantly contribute to the growth of the microfinance sector, enabling it to reach both underserved and unserved communities. CA Grameen's customer-centric model offers tailored, responsive services, providing continuous support for millions of women to build sustainable livelihoods and achieve financial stability. Through regular interactions and timely credit, CA Grameen has stayed connected to entrepreneurs' evolving needs, unlike traditional onetime loan models. Powered by Capital Market - Live
Poonawalla Fincorp Ltd, Triveni Turbine Ltd, Nava Ltd and Home First Finance Company India Ltd are among the other losers in the BSE's 'A' group today, 29 November 2024.CreditAccess Grameen Ltd tumbled 8.90% to Rs 899.15 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.82 lakh shares were traded on the counter so far as against the average daily volumes of 16861 shares in the past one month.Poonawalla Fincorp Ltd lost 5.31% to Rs 353.75. The stock was the second biggest loser in 'A' group.On the BSE, 2.57 lakh shares were traded on the counter so far as against the average daily volumes of 1.04 lakh shares in the past one month.Triveni Turbine Ltd crashed 4.26% to Rs 762.6. The stock was the third biggest loser in 'A' group.On the BSE, 43483 shares were traded on the counter so far as against the average daily volumes of 1.99 lakh shares in the past one month.Nava Ltd corrected 4.23% to Rs 1056.1. The stock was the fourth biggest loser in 'A' group.On the BSE, 18369 shares were traded on the counter so far as against the average daily volumes of 14403 shares in the past one month.Home First Finance Company India Ltd plummeted 4.07% to Rs 1049.6. The stock was the fifth biggest loser in 'A' group.On the BSE, 7908 shares were traded on the counter so far as against the average daily volumes of 7076 shares in the past one month.Powered by Capital Market - Live
Aegis Logistics Ltd, Life Insurance Corporation of India, Easy Trip Planners Ltd, Zee Entertainment Enterprises Ltd are among the other stocks to see a surge in volumes on BSE today, 29 November 2024.CreditAccess Grameen Ltd recorded volume of 1.45 lakh shares by 10:47 IST on BSE, a 6.78 times surge over two-week average daily volume of 21408 shares. The stock lost 8.20% to Rs.906.00. Volumes stood at 30872 shares in the last session.Aegis Logistics Ltd notched up volume of 58524 shares by 10:47 IST on BSE, a 3.3 fold spurt over two-week average daily volume of 17729 shares. The stock rose 3.31% to Rs.902.05. Volumes stood at 23510 shares in the last session.Life Insurance Corporation of India witnessed volume of 1.9 lakh shares by 10:47 IST on BSE, a 2.55 times surge over two-week average daily volume of 74601 shares. The stock increased 3.35% to Rs.971.00. Volumes stood at 99259 shares in the last session.Easy Trip Planners Ltd registered volume of 42.1 lakh shares by 10:47 IST on BSE, a 2.38 fold spurt over two-week average daily volume of 17.66 lakh shares. The stock rose 12.38% to Rs.18.34. Volumes stood at 16.5 lakh shares in the last session.Zee Entertainment Enterprises Ltd clocked volume of 21.66 lakh shares by 10:47 IST on BSE, a 2.2 times surge over two-week average daily volume of 9.83 lakh shares. The stock gained 4.22% to Rs.128.35. Volumes stood at 5.8 lakh shares in the last session.Powered by Capital Market - Live
CreditAccess Grameen has allotted 71,337 equity shares under ESOP on 11 November 2024. Powered by Capital Market - Live
Net profit of CreditAccess Grameen declined 46.39% to Rs 186.06 crore in the quarter ended September 2024 as against Rs 347.04 crore during the previous quarter ended September 2023. Sales rose 16.55% to Rs 1453.29 crore in the quarter ended September 2024 as against Rs 1246.94 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1453.291246.94 17 OPM %51.8272.36 - PBDT269.18479.05 -44 PBT251.99466.77 -46 NP186.06347.04 -46 Powered by Capital Market - Live
CreditAccess Grameen will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live
CreditAccess Grameen has allotted 3,614 equity shares under ESOP on 07 October 2024. Powered by Capital Market - Live
CreditAccess Grameen has allotted 9,751 equity shares under ESOP on 24 September 2024. Powered by Capital Market - Live
CreditAccess Grameen has allotted 1,987 equity shares under ESOP on 21 August 2024. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 32.15%, vs industry avg of 15.21%
Increasing Market Share
Over the last 5 years, market share increased from 1.03% to 2.2%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 35.06%, vs industry avg of 20.97%