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 ₹ 19,324 Cr.
- Current Price ₹ 1,210
- High / Low ₹ 1,400 / 750
- Stock P/E 36.4
- Book Value ₹ 436
- Dividend Yield 0.83 %
- ROCE 9.52 %
- ROE 7.86 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 31.3% of last 10 years
Cons
- Stock is trading at 2.78 times its book value
- Company has low interest coverage ratio.
- Dividend payout has been low at 13.7% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -7.42%
* 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
Financial Services Financial Services Finance Microfinance Institutions
Part of BSE 500 Nifty 500 BSE SmallCap Nifty Smallcap 100 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
146 | 278 | 464 | 708 | 871 | 1,282 | 1,683 | 2,028 | 2,669 | 3,487 | 5,119 | 5,752 | |
Interest | 72 | 129 | 208 | 317 | 354 | 417 | 575 | 745 | 987 | 1,216 | 1,738 | 1,948 |
50 | 76 | 126 | 264 | 184 | 361 | 639 | 1,069 | 1,235 | 1,179 | 1,444 | 3,037 | |
Financing Profit | 24 | 74 | 130 | 128 | 332 | 504 | 470 | 214 | 447 | 1,092 | 1,937 | 767 |
Financing Margin % | 16% | 26% | 28% | 18% | 38% | 39% | 28% | 11% | 17% | 31% | 38% | 13% |
2 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 81 | 64 | 54 | 4 | |
Depreciation | 1 | 2 | 3 | 4 | 5 | 8 | 20 | 23 | 47 | 50 | 51 | 62 |
Profit before tax | 25 | 75 | 130 | 124 | 328 | 498 | 451 | 194 | 481 | 1,105 | 1,939 | 709 |
Tax % | 33% | 35% | 36% | 35% | 35% | 35% | 27% | 27% | 27% | 25% | 25% | 25% |
17 | 49 | 83 | 80 | 212 | 322 | 328 | 142 | 353 | 826 | 1,446 | 531 | |
EPS in Rs | 3.14 | 6.68 | 11.41 | 9.37 | 16.54 | 22.41 | 22.75 | 9.15 | 22.65 | 52.87 | 90.72 | 33.27 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 35% |
5 Years: | 28% |
3 Years: | 29% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 10% |
3 Years: | 15% |
TTM: | -63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 6% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 53 | 73 | 73 | 86 | 128 | 144 | 144 | 156 | 156 | 159 | 159 | 160 |
Reserves | 154 | 303 | 387 | 605 | 1,309 | 2,222 | 2,525 | 3,479 | 4,011 | 4,948 | 6,411 | 6,796 |
Borrowing | 805 | 1,291 | 2,233 | 2,668 | 3,623 | 4,867 | 7,823 | 8,781 | 12,921 | 16,312 | 21,841 | 20,446 |
46 | 60 | 115 | 205 | 53 | 126 | 170 | 281 | 394 | 439 | 435 | 401 | |
Total Liabilities | 1,058 | 1,727 | 2,808 | 3,564 | 5,114 | 7,357 | 10,662 | 12,697 | 17,482 | 21,858 | 28,846 | 27,802 |
3 | 4 | 11 | 12 | 16 | 25 | 87 | 101 | 629 | 599 | 609 | 607 | |
CWIP | 0 | 2 | 0 | 3 | 1 | 2 | 3 | 1 | 3 | 4 | 5 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 661 | 663 | 1 | 455 | 1,439 | 893 |
1,055 | 1,720 | 2,796 | 3,549 | 5,096 | 7,330 | 9,911 | 11,932 | 16,849 | 20,801 | 26,794 | 26,302 | |
Total Assets | 1,058 | 1,727 | 2,808 | 3,564 | 5,114 | 7,357 | 10,662 | 12,697 | 17,482 | 21,858 | 28,846 | 27,802 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-931 | -425 | -1,726 | -1,378 | -2,302 | -364 | -2,713 | -3,290 | -4,734 | 1,125 | |||
-4 | -5 | 54 | -7 | -636 | -32 | -33 | -314 | -994 | 708 | |||
934 | 579 | 1,470 | 1,829 | 2,929 | 1,706 | 1,967 | 3,365 | 5,494 | -1,669 | |||
Net Cash Flow | -1 | 149 | -202 | 444 | -9 | 1,310 | -780 | -239 | -234 | 164 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 10% | 17% | 20% | 14% | 20% | 17% | 13% | 5% | 9% | 18% | 25% | 8% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Jun
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Announcement under Regulation 30 (LODR)-Cessation
26 Jun - Managing Director Udaya Kumar Hebbar ceased office on June 25, 2025, after term completion.
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Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025 till 48 hours post Q1 unaudited results publication.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
24 Jun - Scheduled virtual one-to-one investor meeting with PGIM India Mutual Fund on June 26, 2025.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Jun
Annual reports
Concalls
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May 2025Transcript PPT REC
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Market Leader
CreditAccess Grameen Limited is a leading microfinance institution in India, providing financial services to low-income households, primarily women, in rural and semi-urban areas. It holds a 6% market share in the overall microfinance industry. [1][2]