BSE:539404

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Executive Summary

Satin Creditcare Network Limited, a non-banking finance company, provides micro finance services in India.


Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Satin Creditcare Network's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539404's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.1%

539404

2.7%

IN Consumer Finance

2.4%

IN Market


1 Year Return

-75.2%

539404

1.3%

IN Consumer Finance

5.1%

IN Market

Return vs Industry: 539404 underperformed the Indian Consumer Finance industry which returned 1.3% over the past year.

Return vs Market: 539404 underperformed the Indian Market which returned 5.1% over the past year.


Shareholder returns

539404IndustryMarket
7 Day2.1%2.7%2.4%
30 Day-22.0%2.9%5.2%
90 Day28.7%40.3%21.1%
1 Year-73.5%-75.2%4.1%1.3%7.0%5.1%
3 Year-73.2%-74.9%42.6%34.0%4.8%-0.2%
5 Yearn/a180.7%156.3%30.4%20.7%

Price Volatility Vs. Market

How volatile is Satin Creditcare Network's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Satin Creditcare Network undervalued compared to its fair value and its price relative to the market?

2.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 539404 (₹69.7) is trading above our estimate of fair value (₹35.14)

Significantly Below Fair Value: 539404 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 539404 is good value based on its PE Ratio (2.3x) compared to the IN Consumer Finance industry average (11.1x).

PE vs Market: 539404 is good value based on its PE Ratio (2.3x) compared to the Indian market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539404's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539404 is good value based on its PB Ratio (0.2x) compared to the IN Consumer Finance industry average (0.6x).


Next Steps

Future Growth

How is Satin Creditcare Network forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Satin Creditcare Network has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Satin Creditcare Network performed over the past 5 years?

33.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539404 has high quality earnings.

Growing Profit Margin: 539404's current net profit margins (16.9%) are lower than last year (25.1%).


Past Earnings Growth Analysis

Earnings Trend: 539404's earnings have grown significantly by 33.5% per year over the past 5 years.

Accelerating Growth: 539404's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 539404 had negative earnings growth (-23%) over the past year, making it difficult to compare to the Consumer Finance industry average (-3.4%).


Return on Equity

High ROE: 539404's Return on Equity (10.7%) is considered low.


Next Steps

Financial Health

How is Satin Creditcare Network's financial position?


Financial Position Analysis

Short Term Liabilities: 539404's short term assets (₹69.2B) exceed its short term liabilities (₹28.1B).

Long Term Liabilities: 539404's short term assets (₹69.2B) exceed its long term liabilities (₹30.4B).


Debt to Equity History and Analysis

Debt Level: 539404's debt to equity ratio (381.9%) is considered high.

Reducing Debt: 539404's debt to equity ratio has reduced from 817.1% to 381.9% over the past 5 years.

Debt Coverage: 539404's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 539404's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Satin Creditcare Network current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 539404's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 539404's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 539404's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539404's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 539404's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Harvinder Singh (60 yo)

9.83yrs

Tenure

₹29,188,004

Compensation

Mr. Harvinder Pal Singh has been the Chairman and Managing Director at Satin Creditcare Network Limited since October 1, 2010 and has been its Executive Director since October 16, 1990. He serves as a Dire ...


CEO Compensation Analysis

Compensation vs Market: Harvinder's total compensation ($USD391.18K) is above average for companies of similar size in the Indian market ($USD49.39K).

Compensation vs Earnings: Harvinder's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Harvinder Singh
Chairman & MD9.83yrs₹29.19mno data
Krishan Gopal
Chief Financial Officer0.58yr₹4.84mno data
Sanjeev Vij
COO & Executive VP0.83yr₹4.28m0.0076%
₹ 271.4k
Dev Verma
Chief Operating Officer4.58yrs₹11.54m0.038%
₹ 1.4m
Kalidasan Thangaraju
COO & Executive VP0.58yr₹1.06mno data
Sanjay Mahajan
Chief Information Officerno data₹11.81m0.0076%
₹ 271.4k
Adhish Swaroop
Company Secretary & Compliance Officer0.83yr₹2.71m0.0039%
₹ 139.1k
Subir Chowdhury
Chief Human Resource Officerno data₹10.43m0.0088%
₹ 316.4k
Anil Gupta
Executive Vice President0.50yr₹883.33kno data
Amarjit Singh
Senior VP & Head of Collectionno data₹240.86kno data
Jugal Kataria
Group Controller0.58yr₹12.85m0.13%
₹ 4.6m
Amit Gupta
Head of Accountsno datano datano data

0.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 539404's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Harvinder Singh
Chairman & MD9.83yrs₹29.19mno data
Amit Sharma
CEO & Whole Time Director of Satin Housing Finance Limitedno datano datano data
Satvinder Singh
Non-Executive Non-Independent Director29.83yrs₹355.00k0.50%
₹ 17.9m
Rakesh Sachdeva
Non Executive Independent Director21.33yrs₹230.00k0.014%
₹ 501.5k
Sundeep Mehta
Non Executive Independent Director7.5yrs₹400.00kno data
Sangeeta Khorana
Non Executive Independent Director7yrs₹210.00kno data
Goh Colin
Non-Executive Independent Director5.75yrs₹160.00kno data
Sanjay Bhatia
Non Executive Independent Director5.67yrs₹245.00kno data
Anil Kalra
Non-Executive Independent Director5.58yrs₹235.00kno data
Christian Ramm
Non-Executive Non-Independent Nominee Director0.25yrno datano data

7.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 539404's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Satin Creditcare Network Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Satin Creditcare Network Limited
  • Ticker: 539404
  • Exchange: BSE
  • Founded: 1990
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹3.595b
  • Shares outstanding: 51.69m
  • Website: https://satincreditcare.com

Number of Employees


Location

  • Satin Creditcare Network Limited
  • Plot No. 97
  • 1st and 3rd Floor
  • Gurugram
  • Haryana
  • 122003
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539404BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2015
SATINNSEI (National Stock Exchange of India)YesEquity SharesININRAug 2015

Biography

Satin Creditcare Network Limited, a non-banking finance company, provides micro finance services in India. The company provides collateral free and microcredit facilities to economically active women in ru ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 12:48
End of Day Share Price2020/08/11 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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 here.