Suryoday Small Finance Bank Past Earnings Performance
Past criteria checks 4/6
Suryoday Small Finance Bank has been growing earnings at an average annual rate of 44.8%, while the Banks industry saw earnings growing at 24.2% annually. Revenues have been growing at an average rate of 30.1% per year. Suryoday Small Finance Bank's return on equity is 7.3%, and it has net margins of 11.9%.
Key information
44.84%
Earnings growth rate
45.03%
EPS growth rate
| Banks Industry Growth | 37.99% |
| Revenue growth rate | 30.15% |
| Return on equity | 7.31% |
| Net Margin | 11.93% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
SURYODAY: Planned ₹10b Equity Raise Will Support Bullish Outlook
Analysts have kept their fair value estimate for Suryoday Small Finance Bank steady at ₹236 per share, with only minor model adjustments to the discount rate, revenue growth, profit margin and future P/E underpinning the unchanged price target. What's in the News Board meeting scheduled on May 7, 2026 to consider approval of audited financial results for Q4 and the financial year ended March 31, 2026, and to consider a dividend recommendation, including fixation of the record date (Key Developments).SURYODAY: Planned ₹10b Equity Raise Will Support Bullish Outlook
Analysts have kept the fair value estimate for Suryoday Small Finance Bank steady at ₹236, with only very small tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E. This suggests their price target is effectively unchanged despite refreshed modelling inputs.SURYODAY: Planned Equity Raise And Director Reappointment Will Support Bullish Outlook
Analysts have maintained their fair value estimate for Suryoday Small Finance Bank at ₹236, reflecting only minor adjustments in inputs such as discount rate, revenue growth, profit margin and future P/E assumptions, rather than any change in the core view on the stock. What's in the News Board meeting scheduled for January 22, 2026, to review unaudited financial results for Q3 and the nine months ended December 31, 2025, and to consider raising up to ₹10,000 crore through various equity and equity linked instruments, including preferential allotment, QIP, private placement or rights issue (Key Developments).SURYODAY: Planned Equity Raise And Director Reappointment Will Support Bullish Outlook
Analysts have kept their fair value estimate for Suryoday Small Finance Bank steady at ₹236.0. A slightly lower discount rate and marginally adjusted long term revenue growth, profit margin and future P/E assumptions are guiding this unchanged price target. What's in the News A board meeting is scheduled for January 22, 2026 to review unaudited financial results for Q3 and the nine months ended December 31, 2025, and to consider a potential fund raise of up to ₹1,000 crore through various equity and equity linked instruments, including rights and private placements (Key Developments).SURYODAY: Planned Fundraising And Governance Moves Will Sustain Bullish Outlook
Analysts have kept their fair value estimate for Suryoday Small Finance Bank steady at ₹236.0 per share, with only minor tweaks to the discount rate, profit margin, revenue growth and future P/E assumptions helping to fine tune rather than fundamentally change their price target view. What's in the News Board meeting scheduled for January 22, 2026, to review unaudited financial results for Q3 and the nine months ended December 31, 2025, and to consider several capital related and governance items (Key Developments).SURYODAY: Planned Capital Raise Will Support Bullish Outlook
Analysts have kept their target for Suryoday Small Finance Bank steady at ₹236, citing only modest tweaks to assumptions such as a slightly lower discount rate and a marginally reduced forward P/E multiple, rather than any major shift in their overall view. What's in the News Board meeting scheduled for January 22, 2026, at 14:15 IST to consider unaudited Q3 and nine-month financial results for the period ended December 31, 2025 (Key Developments).SURYODAY: Planned Capital Raise Will Support Bullish Outlook
Analysts have kept their fair value estimate for Suryoday Small Finance Bank steady at ₹236.0, with the unchanged target reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that they view as broadly offsetting each other. What's in the News Board meeting scheduled for January 22, 2026 at 14:15 IST to review unaudited financial results for Q3 and the nine months ended December 31, 2025 (Key Developments).SURYODAY: Planned Capital Raise And Board Actions Will Support Bullish Outlook
Analysts have kept their fair value estimate for Suryoday Small Finance Bank steady at ₹236, with only minor tweaks to discount rate, revenue growth, profit margin and forward P/E assumptions. As a result, the headline price target remains unchanged, while the underlying model inputs are slightly refined.SURYODAY: Upcoming Capital Raise And Board Decisions Will Support Bullish Outlook
Analysts have raised their price target on Suryoday Small Finance Bank from ₹178 to ₹236, citing expectations of slightly faster revenue growth and a richer future earnings multiple, despite broadly stable profit margins and a marginally lower discount rate. What's in the News Board meeting scheduled on November 6, 2025, to review and approve unaudited financial results for Q2 and the half year ended September 30, 2025 (company filing) Directors to consider raising equity capital via preferential allotment, QIP, private placement, or a mix of equity linked instruments and warrants, subject to shareholder and regulatory approvals (company filing) Proposal on the agenda to issue debt instruments, including bonds and non convertible debentures, contingent on necessary shareholder and statutory approvals (company filing) Valuation Changes The consensus analyst price target has risen significantly from ₹178 to ₹236.
RBI Rate Cut And Digital Initiatives May Improve Bank's Future Prospects
Anticipated RBI rate cuts and microfinance reforms could enhance Suryoday's loan growth and stabilize revenue.Why We Think Suryoday Small Finance Bank Limited's (NSE:SURYODAY) CEO Compensation Is Not Excessive At All
Key Insights Suryoday Small Finance Bank will host its Annual General Meeting on 12th of September CEO Baskar...Revenue & Expenses Breakdown
How Suryoday Small Finance Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 12,739 | 1,520 | 5,125 | 0 |
| 31 Dec 25 | 11,197 | 685 | 7,314 | 0 |
| 30 Sep 25 | 10,774 | 652 | 7,086 | 0 |
| 30 Jun 25 | 10,599 | 802 | 4,460 | 0 |
| 31 Mar 25 | 10,780 | 1,150 | 6,902 | 0 |
| 31 Dec 24 | 11,540 | 2,096 | 6,334 | 0 |
| 30 Sep 24 | 11,398 | 2,335 | 6,216 | 0 |
| 30 Jun 24 | 11,050 | 2,384 | 5,957 | 0 |
| 31 Mar 24 | 10,155 | 2,160 | 5,573 | 0 |
| 31 Dec 23 | 9,206 | 1,940 | 4,848 | 0 |
| 30 Sep 23 | 8,303 | 1,548 | 4,560 | 0 |
| 30 Jun 23 | 7,086 | 1,176 | 2,644 | 0 |
| 31 Mar 23 | 6,074 | 777 | 4,017 | 0 |
| 31 Dec 22 | 4,691 | -93 | 3,591 | 0 |
| 30 Sep 22 | 4,126 | -226 | 3,499 | 0 |
| 30 Jun 22 | 3,714 | -376 | 3,530 | 0 |
| 31 Mar 22 | 2,860 | -930 | 3,516 | 0 |
| 31 Dec 21 | 2,708 | -879 | 3,202 | 0 |
| 30 Sep 21 | 2,517 | -916 | 3,124 | 0 |
| 30 Jun 21 | 2,745 | -624 | 1,935 | 0 |
| 31 Mar 21 | 3,407 | 119 | 2,920 | 0 |
| 31 Dec 20 | 3,611 | 391 | 2,062 | 0 |
| 30 Sep 20 | 4,244 | 795 | 3,300 | 0 |
| 30 Jun 20 | 4,235 | 952 | 2,880 | 0 |
| 31 Mar 20 | 4,261 | 1,109 | 2,439 | 0 |
| 31 Dec 19 | 4,611 | 1,546 | 2,292 | 0 |
| 30 Sep 19 | 4,001 | 1,334 | 1,172 | 0 |
| 30 Jun 19 | 3,672 | 1,100 | 1,460 | 0 |
| 31 Mar 19 | 3,335 | 904 | 1,740 | 0 |
| 31 Dec 18 | 2,810 | 661 | 1,556 | 0 |
| 30 Sep 18 | 2,277 | 456 | 1,365 | 0 |
| 30 Jun 18 | 1,874 | 279 | 1,273 | 0 |
| 31 Mar 18 | 1,492 | 115 | 1,180 | 0 |
| 31 Mar 17 | 1,256 | 151 | 861 | 0 |
| 31 Mar 16 | 1,007 | 274 | 524 | 0 |
Quality Earnings: SURYODAY has high quality earnings.
Growing Profit Margin: SURYODAY's current net profit margins (11.9%) are higher than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SURYODAY's earnings have grown significantly by 44.8% per year over the past 5 years.
Accelerating Growth: SURYODAY's earnings growth over the past year (32.2%) is below its 5-year average (44.8% per year).
Earnings vs Industry: SURYODAY earnings growth over the past year (32.2%) exceeded the Banks industry 7.9%.
Return on Equity
High ROE: SURYODAY's Return on Equity (7.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/14 02:17 |
| End of Day Share Price | 2026/05/14 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Suryoday Small Finance Bank Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Centrum Broking Limited |
| Tanay Jain | Centrum Broking Limited |