CreditAccess Grameen Ltd Analyst Rating
based on 14 analysts
86.67%
Buy
6.67%
Hold
6.67%
Sell
Based on 14 analysts offering long term price targets for CreditAccess Grameen Ltd. An average target of ₹1250.29
Source: S&P Global Market Intelligence
CreditAccess Grameen Ltd Share analysis
CreditAccess Grameen Ltd price forecast by 14 analysts
Upside of41.34%
High
₹1650
Target
₹1250.29
Low
₹850
CreditAccess Grameen Ltd target price ₹1250.29, a slight upside of 41.34% compared to current price of ₹861.45. According to 14 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
CreditAccess Grameen Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
CreditAccess Grameen Ltd EPS growth forecast
EPS estimate Q1, FY2026:16.03%
Forecast
Actual
Source: S&P Global Market Intelligence
CreditAccess Grameen Ltd Performance
Day's Low
Day's High
₹860₹894.652 Week's Low
52 Week's High
₹860₹1,796
| Returns % | |
| 1 Month Return | -12.79 % |
| 3 Month Return | -27.63 % |
| 1 Year Return | -48.95 % |
| Market Stats | |
| Previous Close | ₹884.60 |
| Open | ₹890.55 |
| Volume | 2.52L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,106.73Cr |
CreditAccess Grameen Ltd Key Statistics
| P/E Ratio | 10.56 |
| PEG Ratio | 1.36 |
| Market Cap | ₹14,106.73 Cr |
| P/B Ratio | 3.49 |
| EPS | 90.72 |
| Dividend Yield | 0.69 |
| Sector | Finance |
| ROE | 24.77 |
CreditAccess Grameen Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹14,106.73 Cr | 2.79% | 0.88 | ₹1,445 Cr | ₹5,118 Cr | |
| HOLD | ₹13,099.42 Cr | -0.88% | 0.84 | ₹2,197 Cr | ₹8,848 Cr | |
| NA | ₹33,630.19 Cr | 140.02% | 0.50 | ₹384 Cr | ₹385 Cr | |
| BUY | ₹17,670.07 Cr | 37.4% | 0.89 | ₹1,974 Cr | ₹10,471 Cr | |
| BUY | ₹7,469.32 Cr | 23.69% | 0.50 | ₹155 Cr | ₹3,171 Cr |
CreditAccess Grameen Ltd Mutual Fund Holdings
About CreditAccess Grameen Ltd
Share Price: ₹861.45 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹14,106.73Cr as of today
Revenue: ₹1,453.92Cr as on September 2024 (Q3 24)
Net Profit: ₹186.06Cr as on September 2024 (Q3 24)
Listing date: 23 Aug, 2018
Chairperson Name: George Joseph
| Organisation | CreditAccess Grameen Ltd |
| Headquarters | |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for CreditAccess Grameen Ltd
CreditAccess Grameen Faces New Challenges Ahead - 11 Nov, 2024
CreditAccess Grameen reported low GNPAs of 4.4% and 3.6% for FY21 and FY22, respectively, with conservative provisioning practices. However, the microfinance sector is entering a phase of stress due to overleveraging and inflation concerns.
Central Bank Scrutiny Impacts Unsecured Credit Lending - 04 Nov, 2024
Increased scrutiny from the central bank is forcing companies focused on unsecured credit, like CreditAccess Grameen, to limit lending, potentially affecting their stock prices negatively in the short term.
CreditAccess Grameen Faces Challenges, Target Revised - 29 Oct, 2024
CreditAccess Grameen's Q2FY25 results show a 20.8% YoY increase in NII but a significant 46.4% YoY decline in net profit. Due to higher provisions and increased delinquencies, the target price is revised down to INR 1,011, and the rating is changed to ACCUMULATE from BUY.
CreditAccess Grameen Faces Decline Amid Mixed Analyst Outlook - 28 Oct, 2024
CreditAccess Grameen's Q2 FY25 results revealed a 46% drop in net income, leading to a 5% share price decline. Despite this, Motilal Oswal maintains a BUY rating with a target of Rs 1,155.
CreditAccess Grameen Reports Significant Profit Decline - 25 Oct, 2024
CreditAccess Grameen's Q2 results show a 46.7% drop in net profit to ₹186.1 crore due to asset quality issues. Despite this, net interest income rose 17.7%. The company revised its annual growth outlook downwards to 8-12%.
Insights on CreditAccess Grameen Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 6.31% to 7.83% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Muthoot Finance Ltd has given 42.7% return, outperforming this stock by 91.6%
- NO EFFECT
Against Peers
In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 107.6% return, outperforming this stock by 51.6%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 397.66 Cr → 186.06 Cr (in ₹), with an average decrease of 53.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 10.88% to 10.76% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.51K Cr → 1.45K Cr (in ₹), with an average decrease of 3.9% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 66.56% to 66.54% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, CREDITACC stock has moved down by -27.6%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 14.31% to 12.84% in Sep 2024 quarter
CreditAccess Grameen Ltd Financials
Index Inclusions
CreditAccess Grameen Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 66.54% | ||
| Foreign Institutions | 10.76% | ||
| Mutual Funds | 12.84% | ||
| Retail Investors | 7.83% | 24.09 | |
| Others | 2.03% | 4.33 |
CreditAccess Grameen Ltd Key Indicators
CreditAccess Grameen Ltd Valuation
CreditAccess Grameen Ltd in the last 5 years
Lowest (10.51x)
November 18, 2024
Today (10.56x)
November 19, 2024
Industry (25.64x)
November 19, 2024
Highest (180.76x)
December 13, 2021
CreditAccess Grameen Ltd Earnings and Dividends
CreditAccess Grameen Ltd Earnings Results
CreditAccess Grameen Ltd’s net profit fell -46.39% since last year same period to ₹186.06Cr in the Q2 2024-2025. On a quarterly growth basis, CreditAccess Grameen Ltd has generated -53.21% fall in its net profits since last 3-months.
Read More about Earnings ResultsCreditAccess Grameen Ltd Dividends May,2024
In the quarter ending March 2024, CreditAccess Grameen Ltd has declared dividend of ₹10 - translating a dividend yield of 1.13%.
Read More about Dividends
CreditAccess Grameen Ltd Technicals Summary
Bearish
Neutral
Bullish
CreditAccess Grameen Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on CreditAccess Grameen Ltd
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CreditAccess Grameen Ltd (CREDITACC) share price today is ₹861.45
CreditAccess Grameen Ltd is listed on NSE
CreditAccess Grameen Ltd is listed on BSE
- Today’s highest price of CreditAccess Grameen Ltd is ₹894.6.
- Today’s lowest price of CreditAccess Grameen Ltd is ₹860.
PE Ratio of CreditAccess Grameen Ltd is 10.56
PE ratio = CreditAccess Grameen Ltd Market price per share / CreditAccess Grameen Ltd Earnings per share
Today’s traded volume of CreditAccess Grameen Ltd(CREDITACC) is 2.52L.
Today’s market capitalisation of CreditAccess Grameen Ltd(CREDITACC) is ₹14106.73Cr.
| CreditAccess Grameen Ltd(CREDITACC | Price |
|---|---|
52 Week High | ₹1796 |
52 Week Low | ₹860 |
CreditAccess Grameen Ltd(CREDITACC) share price is ₹861.45. It is down -52.04% from its 52 Week High price of ₹1796
CreditAccess Grameen Ltd(CREDITACC) share price is ₹861.45. It is up 0.17% from its 52 Week Low price of ₹860
| CreditAccess Grameen Ltd(CREDITACC | Returns |
|---|---|
1 Day Returns | -23.15% |
1 Month Returns | -12.79% |
3 Month Returns | -27.63% |
1 Year Returns | -48.95% |