Suryoday Small Finance Bank Ltd

Suryoday Small Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Suryoday Small Finance Bank Ltd

₹ 125 -0.32%
21 May 10:02 a.m.
suryodaybank.com BSE: 543279 NSE: SURYODAY
About

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]

Key Points

Leading Small Finance Bank[1]
The bank commenced microfinance operations in 2009 and has since expanded operations across 15 states and union territories, with customer base of ~3.4 million, 8,649 employees, and 710 Banking Outlets.

Website BSE NSE
  • Market Cap ₹ 1,324 Cr.
  • Current Price ₹ 125
  • High / Low ₹ 213 / 90.0
  • Stock P/E 11.5
  • Book Value ₹ 180
  • Dividend Yield 0.00 %
  • ROCE 7.28 %
  • ROE 6.18 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.69 times its book value
  • Company's median sales growth is 23.0% of last 10 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 22.4%
  • Company has a low return on equity of 8.01% over last 3 years.
  • Promoter holding has decreased over last 3 years: -5.58%

* 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

Part of BSE SmallCap BSE Allcap BSE Financial Services

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
237 281 281 292 329 358 375 411 445 488 507 488 471
Interest 90 104 105 108 119 133 154 165 174 195 207 220 226
230 180 184 186 194 212 205 221 255 271 287 270 352
Financing Profit -84 -3 -8 -2 16 12 16 24 15 23 13 -2 -107
Financing Margin % -35% -1% -3% -1% 5% 3% 4% 6% 3% 5% 2% -0% -23%
20 13 25 26 34 51 52 52 65 70 47 40 60
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -64 10 17 24 50 63 68 76 80 93 60 38 -47
Tax % -24% 23% 23% 23% 23% 25% 26% 25% 24% 24% 25% 12% -28%
-48 8 13 18 39 48 50 57 61 70 45 33 -34
EPS in Rs -4.53 0.73 1.22 1.70 3.67 4.48 4.74 5.39 5.73 6.59 4.27 3.13 -3.18
Gross NPA % 11.80% 10.03% 9.90% 4.23% 3.13% 3.04% 2.90% 3.06% 2.94% 2.84% 3.03% 5.53% 7.16%
Net NPA % 5.97% 5.02% 4.76% 2.74% 1.55% 1.63% 1.46% 1.42% 0.86% 0.47% 0.80% 3.13% 4.58%
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
61 118 199 244 287 530 767 776 942 1,184 1,589 1,954
Interest 28 55 95 115 123 190 276 366 357 437 626 848
20 37 76 114 181 259 414 460 420 700 843 1,180
Financing Profit 13 26 28 15 -18 81 76 -49 164 47 120 -73
Financing Margin % 21% 22% 14% 6% -6% 15% 10% -6% 17% 4% 8% -4%
0 0 1 11 38 67 87 76 94 97 219 217
Depreciation 0 1 1 2 5 6 10 15 19 43 51 0
Profit before tax 13 25 27 24 16 143 154 12 238 101 288 144
Tax % 32% 34% 0% 37% 36% 37% 28% 2% 139% 23% 25% 20%
9 17 27 15 10 90 111 12 -93 78 216 115
EPS in Rs 3.30 5.11 7.16 2.36 1.50 11.08 12.81 1.12 -8.76 7.32 20.34 10.82
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 32%
5 Years: 21%
3 Years: 28%
TTM: 23%
Compounded Profit Growth
10 Years: 21%
5 Years: 1%
3 Years: 48%
TTM: -47%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 3%
1 Year: -36%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 8%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

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 27 33 38 64 68 82 87 106 106 106 106 106
Reserves 61 99 159 437 472 799 980 1,491 1,399 1,479 1,699 1,809
Deposits 22 945 1,593 2,849 3,256 3,854 5,167 7,777 10,580
Borrowing 298 594 956 1,022 523 1,124 1,265 1,667 2,551 2,765 2,443 2,710
14 31 39 60 156 163 185 193 270 344 352 409
Total Liabilities 400 757 1,193 1,604 2,164 3,761 5,365 6,712 8,180 9,861 12,378 15,614
1 2 2 6 13 18 30 35 66 163 152 290
CWIP 0 0 0 2 1 1 8 8 49 1 17 0
Investments 1 1 0 594 311 664 808 1,874 2,058 2,570 2,599 3,137
398 754 1,190 1,002 1,839 3,078 4,518 4,795 6,007 7,127 9,610 12,187
Total Assets 400 757 1,193 1,604 2,164 3,761 5,365 6,712 8,180 9,861 12,378 15,614

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-71 -545 526 -876 -347 -98 935 1,320
4 -14 -167 -280 -158 -266 -263 -1,059
79 655 210 915 885 213 -322 268
Net Cash Flow 11 97 569 -241 381 -150 349 529

Ratios

Figures in Rs. Crores

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 % 12% 15% 17% 4% 2% 13% 11% 1% -6% 5% 13% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
28.01% 28.01% 23.30% 23.30% 23.30% 22.40% 22.40% 22.40% 22.39% 22.30% 22.29% 22.43%
8.27% 3.93% 2.61% 1.16% 1.68% 2.16% 2.91% 2.90% 3.02% 3.50% 4.80% 4.67%
23.90% 22.52% 22.19% 20.93% 18.68% 18.38% 17.01% 14.04% 12.64% 8.01% 5.89% 5.66%
39.82% 45.55% 51.89% 54.61% 56.35% 57.05% 57.68% 60.66% 61.95% 66.19% 67.01% 67.22%
No. of Shareholders 94,81195,45995,70794,32194,13694,84894,23596,2761,03,3561,08,3011,10,1971,08,734

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

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DRHP

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