CreditAccess Grameen Share Price

  • 1,201.909.16 (0.77%)
  • Volume: 1,06,318
  • Live
  • Last Updated On: 30 Aug, 2024, 12:29 PM IST
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CreditAccess Grameen Sh...

  • 1,201.909.16 (0.77%)
  • Volume: 1,06,318
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CreditAccess Grameen share price insights

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  • In the last 6 years, only 3.02 % trading sessions saw intraday declines higher than 5 % .

  • Company's annual revenue growth of 45.68% outperformed its 3 year CAGR of 27.69%. (Source: Consolidated Financials)

  • Daily MACD crossover appeared yesterday. Average price decline of -4.71% within 10 days of this signal in last 10 years.

  • Stock gave a 3 year return of 79.86% as compared to Nifty Midcap 100 which gave a return of 112.53%. (as of last trading session)

  • CreditAccess Grameen Ltd. share price moved up by 0.55% from its previous close of Rs 1,192.75. CreditAccess Grameen Ltd. stock last traded price is 1,199.30

    Share PriceValue
    Today/Current/Last1,199.30
    Previous Day1,192.751,192.90

InsightsCreditAccess Grameen

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    Key Metrics

    PE Ratio
    (x)
    12.88
    EPS - TTM
    (₹)
    93.79
    MCap
    (₹ Cr.)
    19,237.02
    Sectoral MCap Rank
    23
    PB Ratio
    (x)
    2.89
    Div Yield
    (%)
    0.83
    Face Value
    (₹)
    10.00
    Beta

    Beta

    1 Month1.27
    3 Months1.45
    6 Months1.73
    1 Year-
    3 Years-

    1.27
    VWAP
    (₹)
    1,203.99
    52W H/L
    (₹)
    1,796.00 / 1,153.00

    CreditAccess Grameen Share Price Returns

    1 Day0.77%
    1 Week-0.14%
    1 Month-9.35%
    3 Months-8.76%
    1 Year-13.8%
    3 Years79.44%
    5 Years114.64%

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    CreditAccess Grameen Share Analysis

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    CreditAccess Grameen Share Recommendations

    Recent Recos

    STRONG BUY

    Current

    Mean Recos by 17 Analysts

    Strong
    Sell
    SellHoldBuyStrong
    Buy
    • Target₹1520
    • OrganizationMotilal Oswal Financial Services
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy10101012
    Buy6664
    Hold111-
    Sell----
    Strong Sell----
    # Analysts17171716

    CreditAccess Grameen Financials

    • Income (P&L)

    • Balance Sheet

    • Cash Flow

    • Ratios

    • Insights

      • Beating 3 Yr Revenue CAGR

        Company's annual revenue growth of 45.68% outperformed its 3 year CAGR of 27.69%. (Source: Consolidated Financials)
      • Employee & Interest Expense

        Company has spent 33.53% of its operating revenues towards interest expenses and 12.96% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income1,512.581,459.101,295.231,247.591,170.72
      Total Income Growth (%)3.6712.653.826.579.80
      Total Expenses467.53447.49378.16356.95318.43
      Total Expenses Growth (%)4.4818.335.9412.10-1.43
      EBIT1,045.051,011.61917.07890.64852.29
      EBIT Growth (%)3.3110.312.974.5014.68
      Profit after Tax (PAT)397.66397.08353.34347.04348.46
      PAT Growth (%)0.1512.381.82-0.4117.50
      EBIT Margin (%)69.0969.3370.8071.3972.80
      Net Profit Margin (%)26.2927.2127.2827.8229.76
      Basic EPS (₹)24.9524.9322.2021.8221.93
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income1,512.581,459.101,295.231,247.591,170.72
      Total Income Growth (%)3.6712.653.826.579.80
      Total Expenses467.53447.58378.08354.78320.60
      Total Expenses Growth (%)4.4618.386.5710.66-0.76
      EBIT1,045.051,011.52917.15892.81850.12
      EBIT Growth (%)3.3110.292.735.0214.39
      Profit after Tax (PAT)397.66396.99353.42349.21346.29
      PAT Growth (%)0.1712.331.210.8416.77
      EBIT Margin (%)69.0969.3270.8171.5672.62
      Net Profit Margin (%)26.2927.2127.2927.9929.58
      Basic EPS (₹)24.9524.9322.2121.9521.79
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue5,172.653,550.792,750.132,466.071,705.48
      Total Revenue Growth (%)45.6829.1111.5244.6032.90
      Total Expenses3,233.472,445.372,269.342,285.671,243.88
      Total Expenses Growth (%)32.237.76-0.7183.7558.34
      Profit after Tax (PAT)1,445.93826.06363.04134.02333.55
      PAT Growth (%)75.04127.54170.88-59.823.66
      Operating Profit Margin (%)71.0665.3953.4045.0661.01
      Net Profit Margin (%)27.9823.3013.235.4419.57
      Basic EPS (₹)90.8852.0423.318.9623.20
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue5,172.653,550.762,291.202,031.141,684.36
      Total Revenue Growth (%)45.6854.9712.8020.5931.25
      Total Expenses3,233.472,445.371,778.561,836.851,233.47
      Total Expenses Growth (%)32.2337.49-3.1748.9257.01
      Profit after Tax (PAT)1,445.93826.03382.14142.39327.50
      PAT Growth (%)75.05116.16168.38-56.521.78
      Operating Profit Margin (%)71.0665.3956.8146.0760.70
      Net Profit Margin (%)27.9823.3016.697.0219.45
      Basic EPS (₹)90.8852.0424.549.5222.78

      All figures in Rs Cr, unless mentioned otherwise

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets28,846.1621,858.1017,394.7515,060.2312,590.21
      Total Assets Growth (%)31.9725.6615.5019.6271.13
      Total Liabilities22,276.1816,751.1313,318.7011,263.859,747.04
      Total Liabilities Growth (%)32.9825.7718.2415.5695.25
      Total Equity6,569.985,106.974,076.053,796.382,843.17
      Total Equity Growth (%)28.6525.297.3733.5320.22
      Current Ratio (x)1.261.261.411.521.35
      Total Debt to Equity (x)3.323.193.252.963.49
      Contingent Liabilities9.292.474.261.231.80
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets28,846.0121,858.0614,795.1012,696.7910,661.66
      Total Assets Growth (%)31.9747.7416.5319.0944.92
      Total Liabilities22,276.0616,751.1210,855.309,061.987,992.58
      Total Liabilities Growth (%)32.9854.3119.7913.3860.11
      Total Equity6,569.955,106.943,939.803,634.812,669.08
      Total Equity Growth (%)28.6529.628.3936.1812.85
      Current Ratio (x)1.261.261.541.661.44
      Total Debt to Equity (x)3.323.192.662.422.93
      Contingent Liabilities-2.474.010.981.35

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Increase in Cash from Investing

        Company has used Rs 994.2 cr for investing activities which is an YoY increase of 216.19%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities-4,733.78-3,289.78-2,714.34-454.67-2,252.64
      Net Cash used in Investing Activities-994.20-314.43-32.9623.53-607.64
      Net Cash flow from Financing Activities5,493.863,365.071,967.762,146.362,914.71
      Net Cash Flow-234.12-239.14-779.541,715.2254.43
      Closing Cash & Cash Equivalent1,107.291,341.411,580.552,360.09644.87
      Closing Cash & Cash Equivalent Growth (%)-17.45-15.13-33.03265.9812.40
      Total Debt/ CFO (x)-4.61-4.96-4.76-24.06-4.23
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities-4,733.89-3,289.76-1,968.56-364.32-2,301.95
      Net Cash used in Investing Activities-994.20-314.42-189.25-31.67-635.82
      Net Cash flow from Financing Activities5,493.863,365.071,684.381,705.962,928.66
      Net Cash Flow-234.23-239.11-473.431,309.97-9.11
      Closing Cash & Cash Equivalent1,107.171,341.401,401.161,874.59564.62
      Closing Cash & Cash Equivalent Growth (%)-17.46-4.27-25.26232.01-1.59
      Total Debt/ CFO (x)-4.61-4.96-5.33-24.10-3.40

      All figures in Rs Cr, unless mentioned otherwise

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)22.0016.179.123.6312.19
      Return on Capital Employed (%)55.2744.8926.0519.7627.58
      Return on Assets (%)5.013.772.080.882.64
      Interest Coverage Ratio (x)2.151.951.541.241.80
      Asset Turnover Ratio (x)0.200.180.150.1613.53
      Price to Earnings (x)15.8717.6136.5078.1314.62
      Price to Book (x)3.492.853.332.831.78
      EV/EBITDA (x)11.6812.4216.2016.4713.02
      EBITDA Margin (%)72.0566.7955.1346.8562.21
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)22.0016.179.693.9112.27
      Return on Capital Employed (%)55.2744.8924.3117.9830.28
      Return on Assets (%)5.013.772.581.123.07
      Interest Coverage Ratio (x)2.151.951.681.291.79
      Asset Turnover Ratio (x)0.200.190.170.1715.79
      Price to Earnings (x)15.8717.6134.7273.5314.88
      Price to Book (x)3.492.853.362.871.83
      EV/EBITDA (x)11.6812.4216.7218.0311.63
      EBITDA Margin (%)72.0566.7957.9647.2361.86

    Financial InsightsCreditAccess Grameen

    • Income (P&L)
    • Cash Flow
      • Beating 3 Yr Revenue CAGR

        Company's annual revenue growth of 45.68% outperformed its 3 year CAGR of 27.69%. (Source: Consolidated Financials)

      • Employee & Interest Expense

        Company has spent 33.53% of its operating revenues towards interest expenses and 12.96% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)

      • Increase in Cash from Investing

        Company has used Rs 994.2 cr for investing activities which is an YoY increase of 216.19%. (Source: Consolidated Financials)

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    CreditAccess Grameen Share Price Forecast

    • PRICE

    • REVENUE

    • EARNINGS

    • Get multiple analysts’ prediction on CreditAccess Grameen

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      • Details about company earnings
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      • Upcoming predictions for Revenue
      • Details about company earnings
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    CreditAccess Grameen Peer Comparison

    • CreditAccess Grameen Stock Performance

    • Ratio Performance

    • Insights

      • Stock Returns vs Nifty Midcap 100

        Stock gave a 3 year return of 79.86% as compared to Nifty Midcap 100 which gave a return of 112.53%. (as of last trading session)
      • Stock Returns vs Nifty Financial Services

        Stock generated 79.86% return as compared to Nifty Financial Services which gave investors 34.6% return over 3 year time period. (as of last trading session)
      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
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    • Insights

      • Stock Returns vs Nifty Midcap 100

        Stock gave a 3 year return of 79.86% as compared to Nifty Midcap 100 which gave a return of 112.53%. (as of last trading session)
      • Stock Returns vs Nifty Financial Services

        Stock generated 79.86% return as compared to Nifty Financial Services which gave investors 34.6% return over 3 year time period. (as of last trading session)

      Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
      CreditAccess Grameen12.862.9322.0055.275.0127.6971.0627.9890.881.263.32-4.61
      Spandana Sphoorty10.201.2213.7320.503.7418.7465.9020.6570.422.342.59-3.48
      Muthoot Microfin8.351.3916.0338.523.8748.0364.5319.8030.201.452.98-3.93
      Fusion Micro Finance9.211.1317.7449.894.2939.8562.7621.8150.301.313.01-6.34
      Satin Creditcare5.230.9918.1561.104.1517.3466.4519.5244.341.283.30-3.83
      Add More
      Annual Ratios (%)

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        Peers InsightsCreditAccess Grameen

        • Stock Returns vs Nifty Midcap 100

          Stock gave a 3 year return of 79.86% as compared to Nifty Midcap 100 which gave a return of 112.53%. (as of last trading session)

        • Stock Returns vs Nifty Financial Services

          Stock generated 79.86% return as compared to Nifty Financial Services which gave investors 34.6% return over 3 year time period. (as of last trading session)

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        CreditAccess Grameen Shareholding Pattern

        • QOQ Change

        • Total Shareholdings

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          Showing CreditAccess Grameen Shareholding as on 30 Jun 2024
          Category30 Jun 202431 Mar 202431 Dec 202330 Sep 2023
          Promoters66.5666.5866.6666.69
          Pledge0.000.000.000.00
          FII10.8711.6412.0011.45
          DII16.2515.7615.7915.78
          Mutual Funds14.3113.9813.8913.61
          Others6.316.015.556.07
        • Showing Shareholding as on 30 Jun 2024
          CategoryNo. of SharesPercentage% Change QoQ
          Promoters10,61,09,02866.56 %-0.01
          Pledge00.00 %0.00
          FII1,73,42,49410.87 %-0.76
          DII2,58,97,27116.25 %0.49
          MF2,28,04,38114.31 %0.33
          Others1,00,63,0366.31 %0.29

        MF Ownership

        MF Ownership as on 31 July 2024

        Corporate Actions

        • CreditAccess Grameen Board Meeting/AGM

        • CreditAccess Grameen Dividends

        • Others
        • Meeting DateAnnounced onPurposeDetails
          Jul 19, 2024Jul 10, 2024Board MeetingQuarterly Results
          May 07, 2024May 02, 2024Board MeetingAudited Results & Final Dividend
          Jan 19, 2024Jan 02, 2024Board MeetingQuarterly Results & Others
          Oct 20, 2023Oct 04, 2023Board MeetingQuarterly Results
          Aug 25, 2023Jul 21, 2023AGM-
        • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
          Final100%10.0Jul 26, 2024May 07, 2024
        • No other corporate actions details are available.

        About CreditAccess Grameen

        CreditAccess Grameen Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 19,013.85 Crore) operating in NBFC sector. CreditAccess Grameen Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Income From Financial Services, Bad Debts Recovery and Income From Sale Of Share & Securities for the year ending 31-Mar-2024. Show More

        • Executives

        • Auditors

        • GJ

          George Joseph

          Chairman & Ind.Director
          PB

          Paolo Brichetti

          Vice Chairman & Non Exe.Dire
          UK

          Udaya Kumar Hebbar

          Managing Director & CEO
          GN

          Ganesh Narayanan

          Chief Executive Officer
          Show More
        • PKF Sridhar & Santhanam�LLP
          Varma & Varma
          Deloitte Haskins & Sells LLP
          S R Batliboi & Co. LLP

        DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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