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 |
|---|---|---|
| 11.00 | 2.23 | 0.11% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.79 | 2.47 | 0.97% |
Forecast & Ratings
Detailed Forecast from 14 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
View olderPeers
Compare with peersBajaj Finance Ltd
Jio Financial Services Ltd
Shriram Finance Ltd
Bajaj Housing Finance Ltd
Cholamandalam Investment and Finance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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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
Peers & Comparison
FinancialsConsumer Finance
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| CreditAccess Grameen Ltd | 10.15 | 2.23 | 0.11% |
| Bajaj Finance Ltd | 29.52 | 5.56 | 0.52% |
| Jio Financial Services Ltd | 125.14 | 1.44 | — |
| Shriram Finance Ltd | 15.35 | 2.28 | 1.50% |
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) |
|---|---|---|---|---|
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 1.5930% | Percentage of the fund’s portfolio invested in the stock 0.40% | Change in the portfolio weight of the stock over the last 3 months -0.09% | 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 83/238 (-23) |
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 1.5589% | Percentage of the fund’s portfolio invested in the stock 0.98% | Change in the portfolio weight of the stock over the last 3 months -0.25% | 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 (-4) |
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 1.2350% | Percentage of the fund’s portfolio invested in the stock 0.75% | Change in the portfolio weight of the stock over the last 3 months -0.33% | 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 78/135 (-3) |
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
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
CreditAccess Grameen announced that S. Balakrishna Kamath has resigned as Chief Financial Officer & Key Managerial Personnel of the Company with effect from 01 August 2024. Powered by Capital Market - Live
CreditAccess Grameen CFO Resigns
CreditAccess Grameen Q1 Results Review - Muted Loan Growth; Asset Quality Deteriorates Further: Motilal Oswal
CreditAccess Grameen Q1 Results: Net Profit Rises 15% To Rs 398 crore
CreditAccess Grameen net profit rises 15% YoY to Rs 398 crore
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 32.15%, vs industry avg of 15.2%
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%