CreditAccess Grameen Ltd
CreditAccess Grameen is engaged primarily in providing micro finance services to women who are enrolled as members and organized as Joint Liability Groups (JLG). In addition to the core business of providing microcredit, the Company uses its distribution channel to provide certain other financial products and services to the members.(Source : 202003-01 Annual Report Page No:121)
- Market Cap ₹ 10,729 Cr.
- Current Price ₹ 690
- High / Low ₹ 960 / 305
- Stock P/E 115
- Book Value ₹ 181
- Dividend Yield 0.00 %
- ROCE 11.6 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 46.38% CAGR over last 5 years
Cons
- Stock is trading at 3.82 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 250 | 286 | 310 | 350 | 336 | 376 | 393 | 453 | 461 | 510 | 471 | 440 |
Interest | 81 | 97 | 107 | 110 | 103 | 124 | 136 | 146 | 168 | 185 | 192 | 180 |
57 | 75 | 87 | 85 | 114 | 102 | 124 | 157 | 258 | 235 | 169 | 350 | |
Financing Profit | 112 | 114 | 116 | 155 | 119 | 151 | 133 | 151 | 35 | 90 | 110 | -91 |
Financing Margin % | 45% | 40% | 37% | 44% | 35% | 40% | 34% | 33% | 8% | 18% | 23% | -21% |
Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 6 | 5 | 5 | 5 | 6 | 5 |
Profit before tax | 111 | 112 | 114 | 154 | 118 | 148 | 127 | 146 | 30 | 86 | 105 | -95 |
Tax % | 35% | 36% | 36% | 35% | 35% | 35% | 21% | 26% | 24% | 26% | 25% | 25% |
Net Profit | 72 | 72 | 73 | 100 | 76 | 96 | 101 | 108 | 23 | 64 | 78 | -72 |
EPS in Rs | 5.58 | 5.62 | 5.12 | 6.95 | 5.32 | 6.67 | 7.02 | 7.51 | 1.58 | 4.41 | 5.42 | -4.61 |
Gross NPA % | 0.82% | 1.00% | 0.61% | 0.85% | 1.57% | |||||||
Net NPA % | 0.05% | |||||||||||
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 88 | 146 | 278 | 464 | 708 | 871 | 1,282 | 1,683 | 1,881 |
Interest | 42 | 72 | 129 | 208 | 317 | 354 | 417 | 576 | 724 |
39 | 50 | 76 | 126 | 264 | 184 | 360 | 637 | 1,012 | |
Financing Profit | 7 | 24 | 74 | 130 | 128 | 332 | 505 | 470 | 145 |
Financing Margin % | 7% | 16% | 26% | 28% | 18% | 38% | 39% | 28% | 8% |
Other Income | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 1 | 2 |
Depreciation | 1 | 1 | 2 | 3 | 4 | 5 | 8 | 20 | 22 |
Profit before tax | 8 | 25 | 75 | 130 | 124 | 328 | 498 | 451 | 125 |
Tax % | -5% | 33% | 35% | 36% | 35% | 35% | 35% | 27% | |
Net Profit | 8 | 17 | 49 | 83 | 80 | 212 | 322 | 328 | 93 |
EPS in Rs | 2.00 | 3.14 | 6.68 | 11.41 | 9.37 | 16.54 | 22.41 | 22.75 | 6.80 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 33% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 46% |
3 Years: | 60% |
TTM: | -76% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 13% |
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 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|
40 | 53 | 73 | 73 | 86 | 128 | 144 | 144 | 144 | |
Reserves | 71 | 154 | 303 | 387 | 605 | 1,309 | 2,222 | 2,525 | 2,665 |
Borrowings | 389 | 805 | 1,291 | 2,233 | 2,668 | 3,623 | 4,867 | 7,823 | 7,901 |
44 | 46 | 60 | 115 | 205 | 53 | 126 | 170 | 278 | |
Total Liabilities | 543 | 1,058 | 1,727 | 2,808 | 3,564 | 5,114 | 7,357 | 10,662 | 10,987 |
3 | 3 | 4 | 11 | 12 | 16 | 25 | 87 | 95 | |
CWIP | 0 | 0 | 2 | 0 | 3 | 1 | 2 | 3 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 661 | 661 |
540 | 1,055 | 1,720 | 2,796 | 3,549 | 5,096 | 7,330 | 9,911 | 10,231 | |
Total Assets | 543 | 1,058 | 1,727 | 2,808 | 3,564 | 5,114 | 7,357 | 10,662 | 10,987 |
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 | |
---|---|---|---|---|---|---|---|---|
-931 | -425 | -1,726 | -1,378 | -2,276 | ||||
-4 | -5 | 54 | -7 | -668 | ||||
934 | 579 | 1,470 | 1,829 | 2,935 | ||||
Net Cash Flow | -1 | 149 | -202 | 444 | -9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|
ROE % | 10% | 17% | 20% | 14% | 20% | 17% | 13% |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Feb
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Feb
- Appointment Of Mr. George Joseph, Independent Director As Vice Chairman And Lead Independent Director 11 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Feb
View all