CreditAccess Grameen Ltd
CreditAccess Grameen Limited is registered as a non-deposit accepting NBFC - Microfinance Institution with the RBI. It is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. It also uses its distribution channel to provide certain other financial products and services to the members. [1]
- Market Cap ₹ 23,512 Cr.
- Current Price ₹ 1,475
- High / Low ₹ 1,796 / 1,178
- Stock P/E 16.3
- Book Value ₹ 412
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 24.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 35.0% CAGR over last 5 years
- Company's median sales growth is 31.6% of last 10 years
Cons
- Stock is trading at 3.58 times its book value
- Promoter holding has decreased over last 3 years: -7.41%
* 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
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Revenue | 88 | 146 | 278 | 464 | 708 | 871 | 1,282 | 1,683 | 2,028 | 2,669 | 3,487 | 5,167 |
Interest | 42 | 72 | 129 | 208 | 317 | 354 | 417 | 575 | 745 | 987 | 1,216 | 1,732 |
39 | 50 | 76 | 126 | 264 | 184 | 361 | 639 | 1,069 | 1,235 | 1,179 | 1,450 | |
Financing Profit | 7 | 24 | 74 | 130 | 128 | 332 | 504 | 470 | 214 | 447 | 1,092 | 1,984 |
Financing Margin % | 7% | 16% | 26% | 28% | 18% | 38% | 39% | 28% | 11% | 17% | 31% | 38% |
2 | 2 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 81 | 64 | 6 | |
Depreciation | 1 | 1 | 2 | 3 | 4 | 5 | 8 | 20 | 23 | 47 | 50 | 51 |
Profit before tax | 8 | 25 | 75 | 130 | 124 | 328 | 498 | 451 | 194 | 481 | 1,105 | 1,939 |
Tax % | -5% | 33% | 35% | 36% | 35% | 35% | 35% | 27% | 27% | 27% | 25% | 25% |
8 | 17 | 49 | 83 | 80 | 212 | 322 | 328 | 142 | 353 | 826 | 1,446 | |
EPS in Rs | 2.00 | 3.14 | 6.68 | 11.41 | 9.37 | 16.54 | 22.41 | 22.75 | 9.15 | 22.65 | 52.87 | 90.72 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 43% |
5 Years: | 32% |
3 Years: | 37% |
TTM: | 48% |
Compounded Profit Growth | |
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10 Years: | 56% |
5 Years: | 35% |
3 Years: | 117% |
TTM: | 75% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 26% |
1 Year: | 25% |
Return on Equity | |
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10 Years: | 16% |
5 Years: | 15% |
3 Years: | 18% |
Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
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Equity Capital | 40 | 53 | 73 | 73 | 86 | 128 | 144 | 144 | 156 | 156 | 159 | 159 |
Reserves | 71 | 154 | 303 | 387 | 605 | 1,309 | 2,222 | 2,525 | 3,479 | 4,011 | 4,948 | 6,411 |
389 | 805 | 1,291 | 2,233 | 2,668 | 3,623 | 4,867 | 7,823 | 8,781 | 12,921 | 16,312 | 21,841 | |
44 | 46 | 60 | 115 | 205 | 53 | 126 | 170 | 281 | 394 | 439 | 435 | |
Total Liabilities | 543 | 1,058 | 1,727 | 2,808 | 3,564 | 5,114 | 7,357 | 10,662 | 12,697 | 17,482 | 21,858 | 28,846 |
3 | 3 | 4 | 11 | 12 | 16 | 25 | 87 | 101 | 629 | 599 | 614 | |
CWIP | 0 | 0 | 2 | 0 | 3 | 1 | 2 | 3 | 1 | 3 | 4 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 661 | 663 | 1 | 455 | 1,439 |
540 | 1,055 | 1,720 | 2,796 | 3,549 | 5,096 | 7,330 | 9,911 | 11,932 | 16,849 | 20,801 | 26,794 | |
Total Assets | 543 | 1,058 | 1,727 | 2,808 | 3,564 | 5,114 | 7,357 | 10,662 | 12,697 | 17,482 | 21,858 | 28,846 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-931 | -425 | -1,726 | -1,378 | -2,302 | -364 | -2,713 | -3,290 | -4,734 | ||||
-4 | -5 | 54 | -7 | -636 | -32 | -33 | -314 | -994 | ||||
934 | 579 | 1,470 | 1,829 | 2,929 | 1,706 | 1,967 | 3,365 | 5,494 | ||||
Net Cash Flow | -1 | 149 | -202 | 444 | -9 | 1,310 | -780 | -239 | -234 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 10% | 10% | 17% | 20% | 14% | 20% | 17% | 13% | 5% | 9% | 18% | 25% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
12 Jun - Of Allotment of Equity Shares under Employee Stock Option Plan of the Company
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Jun - Of Investor Meetings scheduled from June 03, 2024 to June 06, 2024
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Of Annual Secretarial Compliance Report for the year ended March 31, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 May - Of Investor Meetings scheduled on May 27, 2024 & May 30, 2024.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 11 May
Annual reports
Concalls
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May 2024Transcript PPT
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May 2024TranscriptNotesPPT REC
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT
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Jul 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Oct 2022Transcript PPT
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May 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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May 2021TranscriptNotesPPT
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Jan 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Apr 2020TranscriptPPT
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Jan 2020Transcript PPT
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Jan 2020TranscriptNotesPPT
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Dec 2019Transcript PPT
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Nov 2019Transcript PPT
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Jul 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019Transcript PPT
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Oct 2018Transcript PPT
Market Leader
As of March 31, 2022, the Co was the largest MFI in the industry. It held a 16.5% share of the total Gross Loan Portfolio (GLP) of the NBFC-MFI segment. [1]