CreditAccess Grameen Future Growth

Future criteria checks 4/6

CreditAccess Grameen is forecast to grow earnings and revenue by 15.3% and 20.9% per annum respectively. EPS is expected to grow by 15.7% per annum. Return on equity is forecast to be 20.6% in 3 years.

Key information

15.3%

Earnings growth rate

15.7%

EPS growth rate

Consumer Finance earnings growth	16.9%
Revenue growth rate	20.9%
Future return on equity	20.6%
Analyst coverage	Good
Last updated	04 Sep 2024

Recent future growth updates

Recent updates

Potential Upside For CreditAccess Grameen Limited (NSE:CREDITACC) Not Without Risk

Sep 13

If EPS Growth Is Important To You, CreditAccess Grameen (NSE:CREDITACC) Presents An Opportunity

Jun 11

If EPS Growth Is Important To You, CreditAccess Grameen (NSE:CREDITACC) Presents An Opportunity

Aug 02

How Much Did CreditAccess Grameen's(NSE:CREDITACC) Shareholders Earn From Share Price Movements Over The Last Year?

Feb 28

Earnings and Revenue Growth Forecasts

NSEI:CREDITACC - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	61,141	23,433	N/A	N/A	8
3/31/2026	51,413	20,335	N/A	N/A	17
3/31/2025	42,498	16,853	N/A	N/A	17
6/30/2024	31,122	14,951	N/A	N/A	N/A
3/31/2024	29,939	14,459	-47,541	-47,338	N/A
12/31/2023	27,801	13,454	N/A	N/A	N/A
9/30/2023	25,587	12,079	-44,296	-44,139	N/A
6/30/2023	22,665	10,360	N/A	N/A	N/A
3/31/2023	19,369	8,261	-33,071	-32,898	N/A
12/31/2022	17,281	6,792	N/A	N/A	N/A
9/30/2022	15,547	5,869	-27,594	-27,375	N/A
6/30/2022	13,691	4,785	N/A	N/A	N/A
3/31/2022	11,694	3,531	-27,413	-27,135	N/A
12/31/2021	10,057	2,660	N/A	N/A	N/A
9/30/2021	7,162	689	-15,950	-15,716	N/A
6/30/2021	7,171	845	N/A	N/A	N/A
3/31/2021	7,702	1,340	-4,692	-4,547	N/A
12/31/2020	6,950	1,028	N/A	N/A	N/A
9/30/2020	9,055	2,881	-4,729	-4,609	N/A
6/30/2020	8,847	3,097	N/A	N/A	N/A
3/31/2020	8,901	3,336	-22,744	-22,526	N/A
12/31/2019	9,758	3,811	N/A	N/A	N/A
9/30/2019	9,077	3,728	-12,401	-12,179	N/A
6/30/2019	8,546	3,454	N/A	N/A	N/A
3/31/2019	7,962	3,218	-13,958	-13,781	N/A
12/31/2018	8,487	2,293	N/A	N/A	N/A
9/30/2018	7,368	1,952	N/A	N/A	N/A
6/30/2018	6,115	2,543	N/A	N/A	N/A
3/31/2018	5,268	2,125	N/A	-17,256	N/A
12/31/2017	3,955	1,439	N/A	N/A	N/A
9/30/2017	3,032	719	N/A	N/A	N/A
6/30/2017	3,002	761	N/A	N/A	N/A
3/31/2017	2,971	753	N/A	-4,248	N/A
12/31/2016	3,162	923	N/A	N/A	N/A
9/30/2016	3,352	1,099	N/A	N/A	N/A
6/30/2016	2,963	969	N/A	N/A	N/A
3/31/2016	2,573	832	N/A	-9,311	N/A
12/31/2015	2,322	758	N/A	N/A	N/A
9/30/2015	2,070	699	N/A	N/A	N/A
6/30/2015	1,813	597	N/A	N/A	N/A
3/31/2015	1,555	487	N/A	-6,984	N/A
12/31/2014	1,419	408	N/A	N/A	N/A
9/30/2014	1,192	316	N/A	N/A	N/A
6/30/2014	1,007	251	N/A	N/A	N/A
3/31/2014	822	166	N/A	-2,709	N/A
9/30/2013	605	134	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CREDITACC's forecast earnings growth (15.3% per year) is above the savings rate (6.7%).

Earnings vs Market: CREDITACC's earnings (15.3% per year) are forecast to grow slower than the Indian market (17.1% per year).

High Growth Earnings: CREDITACC's earnings are forecast to grow, but not significantly.

Revenue vs Market: CREDITACC's revenue (20.9% per year) is forecast to grow faster than the Indian market (10.1% per year).

High Growth Revenue: CREDITACC's revenue (20.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CREDITACC's Return on Equity is forecast to be high in 3 years time (20.6%)

CreditAccess Grameen Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.0% to ₹1,691

Price target increased by 7.3% to ₹1,511

Price target increased by 7.1% to ₹1,362

Price target increased to ₹1,122

Price target increased to ₹1,019

Price target increased to ₹960

Recent updates

Potential Upside For CreditAccess Grameen Limited (NSE:CREDITACC) Not Without Risk

CreditAccess Reportedly Scouts A New Owner with $2.7 Billion Valuation

Now 22% overvalued

First quarter 2025 earnings: EPS exceeds analyst expectations

CreditAccess Grameen Limited to Report Q1, 2025 Results on Jul 19, 2024

CreditAccess Grameen Limited, Annual General Meeting, Aug 12, 2024

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 18%

If EPS Growth Is Important To You, CreditAccess Grameen (NSE:CREDITACC) Presents An Opportunity

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Investors Aren't Buying CreditAccess Grameen Limited's (NSE:CREDITACC) Earnings

New minor risk - Shareholder dilution

Is Now The Time To Put CreditAccess Grameen (NSE:CREDITACC) On Your Watchlist?

Third quarter 2024 earnings: EPS misses analyst expectations

Is Now The Time To Put CreditAccess Grameen (NSE:CREDITACC) On Your Watchlist?

Price target increased by 8.0% to ₹1,691

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

CreditAccess Grameen Limited to Report Q2, 2024 Results on Oct 20, 2023

CreditAccess Grameen Limited Announces Resignation of Narayanan M., Chief Integration Officer

If EPS Growth Is Important To You, CreditAccess Grameen (NSE:CREDITACC) Presents An Opportunity

CreditAccess Grameen Limited, Annual General Meeting, Aug 25, 2023

Creditaccess Grameen Limited Appoints Ganesh Narayanan as CEO

Price target increased by 7.3% to ₹1,511

First quarter 2024 earnings released: EPS: ₹21.93 (vs ₹8.85 in 1Q 2023)

CreditAccess Grameen Limited to Report Q1, 2024 Results on Jul 21, 2023

CreditAccess Grameen Limited to Report Q1, 2024 Results on Jul 21, 2023

Investor sentiment improves as stock rises 18%

Price target increased by 7.1% to ₹1,362

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings released: EPS: ₹13.59 (vs ₹7.69 in 3Q 2022)

CreditAccess Grameen Limited to Report Q3, 2023 Results on Feb 07, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

CreditAccess Grameen Limited to Report Q2, 2023 Results on Oct 21, 2022

CreditAccess Grameen Limited Announces Cessation of Directorship of Sucharita Mukherjee as Independent Director

CreditAccess Grameen Limited Approves Re-Designation of M. J. Mahadev Prakash as Company Secretary & Chief Compliance Officer, Effective October 1, 2022

CreditAccess Grameen Limited to Report Q1, 2023 Results on Jul 29, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

CreditAccess Grameen Limited, Annual General Meeting, Jul 25, 2022

Investor sentiment deteriorated over the past week

Price target increased to ₹1,122

CreditAccess Grameen Limited to Report Fiscal Year 2022 Results on May 12, 2022

Price target increased to ₹1,019

Investor sentiment improved over the past week

Price target increased to ₹960

Price target increased to ₹920

Investor sentiment improved over the past week

Head of Operational Excellence recently sold ₹2.6m worth of stock

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to ₹833

MD, CEO & Whole-Time Director recently sold ₹3.2m worth of stock

MD, CEO & Whole-Time Director recently sold ₹19m worth of stock

Second quarter 2022 earnings released: EPS ₹4.08 (vs ₹5.50 in 2Q 2021)

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹1.9m worth of stock

First quarter 2022 earnings released: EPS ₹1.45 (vs ₹5.00 in 1Q 2021)

Consensus EPS estimates fall to ₹24.55

Non-Executive Chairman Paolo Brichetti has left the company

Full year 2021 earnings released: EPS ₹8.96 (vs ₹23.20 in FY 2020)

Business Head of Group Lending recently sold ₹4.1m worth of stock

Price target decreased to ₹790

Full year 2021 earnings released: EPS ₹8.96 (vs ₹23.20 in FY 2020)

MD, CEO & Whole-Time Director recently sold ₹9.9m worth of stock

How Much Did CreditAccess Grameen's(NSE:CREDITACC) Shareholders Earn From Share Price Movements Over The Last Year?

Chief Audit Officer recently sold ₹5.3m worth of stock

New 90-day low: ₹689

Creditaccess Grameen Limited Announces Appointment of Mr. George Joseph, Independent Director as Vice Chairman and Lead Independent Director

Third quarter 2021 earnings released: ₹5.12 loss per share (vs ₹7.51 profit in 3Q 2020)

CreditAccess Grameen Limited to Report Q3, 2021 Results on Jan 29, 2021

New 90-day high: ₹815

CreditAccess Grameen Limited Announces Retirement of Mr. Diwakar B.R as Director Finance, Effective November 6, 2020