BSE:541770

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Executive Summary

CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India.


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has CreditAccess Grameen's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 541770's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.7%

541770

2.7%

IN Consumer Finance

2.4%

IN Market


1 Year Return

13.3%

541770

1.3%

IN Consumer Finance

5.1%

IN Market

Return vs Industry: 541770 exceeded the Indian Consumer Finance industry which returned 1.3% over the past year.

Return vs Market: 541770 exceeded the Indian Market which returned 5.1% over the past year.


Shareholder returns

541770IndustryMarket
7 Day1.7%2.7%2.4%
30 Day2.1%2.9%5.2%
90 Day37.3%40.3%21.1%
1 Year13.3%13.3%4.1%1.3%7.0%5.1%
3 Yearn/a42.6%34.0%4.8%-0.2%
5 Yearn/a180.7%156.3%30.4%20.7%

Price Volatility Vs. Market

How volatile is CreditAccess Grameen's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CreditAccess Grameen undervalued compared to its fair value and its price relative to the market?

26.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 541770 (₹580.35) is trading above our estimate of fair value (₹54.58)

Significantly Below Fair Value: 541770 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 541770 is poor value based on its PE Ratio (27x) compared to the IN Consumer Finance industry average (11.1x).

PE vs Market: 541770 is poor value based on its PE Ratio (27x) compared to the Indian market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: 541770 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: 541770 is overvalued based on its PB Ratio (3.1x) compared to the IN Consumer Finance industry average (0.6x).


Next Steps

Future Growth

How is CreditAccess Grameen forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

32.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 541770's forecast earnings growth (32.6% per year) is above the savings rate (7.2%).

Earnings vs Market: 541770's earnings (32.6% per year) are forecast to grow faster than the Indian market (23.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 541770's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 541770's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 541770's Return on Equity is forecast to be low in 3 years time (18%).


Next Steps

Past Performance

How has CreditAccess Grameen performed over the past 5 years?

37.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 541770 has high quality earnings.

Growing Profit Margin: 541770's current net profit margins (24.6%) are lower than last year (40.4%).


Past Earnings Growth Analysis

Earnings Trend: 541770's earnings have grown significantly by 37.1% per year over the past 5 years.

Accelerating Growth: 541770's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 541770 had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Consumer Finance industry average (-3.4%).


Return on Equity

High ROE: 541770's Return on Equity (11.1%) is considered low.


Next Steps

Financial Health

How is CreditAccess Grameen's financial position?


Financial Position Analysis

Short Term Liabilities: 541770's short term assets (₹119.5B) exceed its short term liabilities (₹56.9B).

Long Term Liabilities: 541770's short term assets (₹119.5B) exceed its long term liabilities (₹40.5B).


Debt to Equity History and Analysis

Debt Level: 541770's debt to equity ratio (335.5%) is considered high.

Reducing Debt: 541770's debt to equity ratio has reduced from 340.7% to 335.5% over the past 5 years.

Debt Coverage: 541770's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 541770's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is CreditAccess Grameen current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 541770's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 541770'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 541770's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 541770'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 541770'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?

1.7yrs

Average management tenure


CEO

Udaya Hebbar (60 yo)

5.08yrs

Tenure

₹71,110,000

Compensation

Mr. Udaya Kumar Hebbar has been the Chief Executive Officer, Managing Director and Whole-Time Director of CreditAccess Grameen Limited (formerly known as Grameen Koota Financial Services Limited)(also know ...


CEO Compensation Analysis

Compensation vs Market: Udaya's total compensation ($USD953.03K) is above average for companies of similar size in the Indian market ($USD373.37K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Udaya Hebbar
MD, CEO & Whole-Time Director5.08yrs₹71.11m0.17%
₹ 145.6m
Boddupalli Diwakar
Director-Finance6.25yrs₹37.83m0.13%
₹ 109.2m
Matada Jayakumar Prakash
Head of Compliance & Legal and Company Secretary0.58yr₹1.22mno data
Nilesh Dalvi
Head of Investor Relations1.58yrsno datano data
B. Thrishuli
Head of Human Resourcesno datano datano data
Gopal A. Reddy
Business Head of Group Lendingno datano datano data
K. N. Kumar
Head of Centralised Operations4.42yrsno datano data
H. Srivatsa
Business Head of Group Lendingno datano data0.064%
₹ 53.9m
Gururaj Kumar Rao
Chief Audit Officer1.67yrsno data0.023%
₹ 18.9m
B. Kumar
Head of Information Technologyno datano datano data
Vishwanath Bhat
Head of Retail Finance4.17yrsno datano data
Sundaram Arumugam
Head of Strategy & Innovation1.33yrsno datano data

1.7yrs

Average Tenure

Experienced Management: 541770's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Udaya Hebbar
MD, CEO & Whole-Time Director5.08yrs₹71.11m0.17%
₹ 145.6m
Boddupalli Diwakar
Director-Finance6.25yrs₹37.83m0.13%
₹ 109.2m
Sumit Kumar
Non-Executive Nominee Director4yrs₹230.00kno data
Paolo Brichetti
Non-Executive Chairman0.83yr₹360.00k0.000010%
₹ 8.4k
George Joseph
Non Executive Independent Director4.92yrs₹1.39m0.00069%
₹ 577.4k
Prabha Raveendranathan
Non Executive Independent Director9.58yrs₹1.54mno data
Massimo Vita
Non-Executive Nominee Director3.08yrs₹240.00kno data
Sucharita Mukherjee
Non Executive Independent Director2.92yrs₹690.00kno data
Manoj Kumar
Non-Executive Independent Director0.83yr₹820.00kno data

4.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 541770's board of directors are considered experienced (4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 541770 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

CreditAccess Grameen Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CreditAccess Grameen Limited
  • Ticker: 541770
  • Exchange: BSE
  • Founded: 1991
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹83.679b
  • Shares outstanding: 144.08m
  • Website: https://www.creditaccessgrameen.com

Number of Employees


Location

  • CreditAccess Grameen Limited
  • New No. 49, 46th Cross
  • 8th Block
  • Bengaluru
  • Karnataka
  • 560071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
541770BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2018
CREDITACCNSEI (National Stock Exchange of India)YesEquity SharesININRAug 2018

Biography

CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India. The company offers microcredit loans for income genera ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 12:42
End of Day Share Price2020/08/11 00:00
Earnings2020/06/30
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.