Suryoday Small Finance Bank Ltd
Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC.[1]
- Market Cap ₹ 2,074 Cr.
- Current Price ₹ 195
- High / Low ₹ 220 / 112
- Stock P/E 10.7
- Book Value ₹ 149
- Dividend Yield 0.00 %
- ROCE 9.30 %
- ROE 5.03 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 22.4%
- Company has a low return on equity of -0.08% over last 3 years.
- Promoter holding has decreased over last 3 years: -5.62%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Banks Industry: Banks - Private Sector
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 15 | 26 | 61 | 118 | 199 | 244 | 287 | 530 | 767 | 776 | 942 | 1,184 | 1,473 |
Interest | 0 | 9 | 28 | 55 | 95 | 115 | 123 | 190 | 276 | 366 | 357 | 437 | 572 |
16 | 13 | 20 | 37 | 76 | 114 | 181 | 259 | 414 | 460 | 420 | 428 | 833 | |
Financing Profit | -1 | 3 | 13 | 26 | 28 | 15 | -18 | 81 | 76 | -49 | 164 | 319 | 69 |
Financing Margin % | -5% | 12% | 21% | 22% | 14% | 6% | -6% | 15% | 10% | -6% | 17% | 27% | 5% |
1 | 0 | 0 | 0 | 1 | 11 | 38 | 67 | 87 | 76 | 94 | 97 | 189 | |
Depreciation | 0 | 0 | 0 | 1 | 1 | 2 | 5 | 6 | 10 | 15 | 19 | 43 | 0 |
Profit before tax | 0 | 3 | 13 | 25 | 27 | 24 | 16 | 143 | 154 | 12 | 238 | 373 | 258 |
Tax % | 0% | 32% | 32% | 34% | 0% | 37% | 36% | 37% | 28% | 2% | 139% | 79% | |
0 | 2 | 9 | 17 | 27 | 15 | 10 | 90 | 111 | 12 | -93 | 78 | 194 | |
EPS in Rs | 0.32 | 0.83 | 3.30 | 5.11 | 7.16 | 2.36 | 1.50 | 11.08 | 12.81 | 1.12 | -8.76 | 7.32 | 18.28 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 47% |
5 Years: | 33% |
3 Years: | 16% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | 45% |
5 Years: | 50% |
3 Years: | -11% |
TTM: | 2182% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -7% |
1 Year: | 69% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | 0% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 23 | 27 | 33 | 38 | 64 | 68 | 82 | 87 | 106 | 106 | 106 |
Reserves | 15 | 41 | 61 | 99 | 159 | 437 | 472 | 799 | 980 | 1,491 | 1,399 | 1,479 |
35 | 47 | 298 | 594 | 956 | 1,044 | 1,467 | 2,718 | 4,113 | 4,922 | 6,405 | 7,932 | |
11 | 92 | 14 | 31 | 39 | 60 | 156 | 163 | 185 | 193 | 270 | 344 | |
Total Liabilities | 75 | 203 | 400 | 757 | 1,193 | 1,604 | 2,164 | 3,761 | 5,365 | 6,712 | 8,180 | 9,861 |
0 | 1 | 1 | 2 | 2 | 6 | 13 | 18 | 30 | 35 | 66 | 163 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 8 | 8 | 49 | 1 |
Investments | 0 | 2 | 1 | 1 | 0 | 594 | 311 | 664 | 808 | 1,874 | 2,058 | 2,570 |
74 | 200 | 398 | 754 | 1,190 | 1,002 | 1,839 | 3,078 | 4,518 | 4,795 | 6,007 | 7,127 | |
Total Assets | 75 | 203 | 400 | 757 | 1,193 | 1,604 | 2,164 | 3,761 | 5,365 | 6,712 | 8,180 | 9,861 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-545 | 526 | -876 | -347 | -98 | ||||||||
-14 | -167 | -280 | -158 | -266 | ||||||||
655 | 210 | 915 | 885 | 213 | ||||||||
Net Cash Flow | 97 | 569 | -241 | 381 | -150 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 2% | 4% | 12% | 15% | 17% | 4% | 2% | 13% | 11% | 1% | -6% | 5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Of Conference Call to discuss Audited Financial Results of the Bank for the Quarter (Q4) and Financial year ended March 31, 2024
- Intimation Of Receipt Of RBI Approval For Appointment Of Statutory Auditors 2 May
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 29 Apr
- Board Meeting Intimation for Considering And Approving The Audited Financial Results Of The Bank For The Quarter (Q4) And Year Ended March 31, 2024 27 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from web
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Financial Year 2019
from web
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Financial Year 2018
from web
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Financial Year 2017
from web
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Financial Year 2016
from web
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Financial Year 2015
from web
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Financial Year 2014
from web
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Financial Year 2013
from web
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Financial Year 2012
from web
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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May 2023Transcript PPT REC
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Feb 2023Transcript PPT
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Aug 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptPPT
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Aug 2021Transcript PPT
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May 2021TranscriptPPT
Leading small Finance Bank
The bank commenced microfinance operations in 2009 and has since expanded operations across 14 states and union territories, customer base to ~2 million, employee base to 5252 employees [1], and distribution reach to 565 Banking Outlets including 158 Unbanked Rural Centres (URCs). [2]