CreditAccess Grameen Ltd, with a market capitalization of Rs. 13,398 crores, a debt-to-equity ratio of 2.74 and a return on equity of 24.8%, demonstrates strong performance in microfinance through rural penetration and digital innovation. Financial inclusion drives sustainable growth.
Table of Contents
Overview Of the NBFC Sector
The NBFC sector is experiencing transformation through digital lending platforms, rural market expansion and innovative financial products. Companies focus on technology integration while maintaining strong asset quality and regulatory compliance. Innovation reshapes services.
Rising competition and regulatory changes create challenges while presenting opportunities in underserved markets, digital lending and financial inclusion initiatives. Market consolidation strengthens sector stability. Technology adoption accelerates growth.
Financial Analysis of Credit Access Grameen Ltd
| FY 24 | FY 23 | FY 22 | |
| Total Income | 5,173 | 3,551 | 2,750 |
| Total Expenses | 2,778 | 2,043 | 1,670 |
| Pre-Provisioning Operating Profit | 2,395 | 1,508 | 1,080 |
| Provisions and Contingencies | 452 | 401 | 597 |
| Profit Before Tax | 1,943 | 1,107 | 484 |
| Tax % | 25 | 25 | 26 |
| Net Profit | 1,450 | 828 | 360 |
| EPS | 91 | 52 | 23 |
| Net Interest Income | 3,434 | 2,332 | 1,759 |
| NIM (%) | 14.92 | 13.61 | 13.28 |
| Dividend Payout % | 11 | 0 | 0 |
* Consolidated Figures in Rs. Crores
Credit Access Grameen Limited Company Metrics
CreditAccess Grameen Ltd reported robust growth in FY 24, with a total income of ₹5,173 crores, net profit of ₹1,450 crores and total assets of ₹28,846 crores. Strong financial performance underscores its leadership in the microfinance sector with efficient operations.
Sales Growth: Total income increased from ₹3,551 crores in FY 23 to ₹5,173 crores in FY 24, reflecting a 45.7% growth driven by expanding rural outreach and digital financial services.
Expense Trends: Total expenses rose to ₹2,778 crores in FY 24 from ₹2,043 crores in FY 23, marking a 35.9% increase. This growth aligns with business expansion and higher operational costs.
Operating Profit & Margins: Pre-provisioning operating profit surged to ₹2,395 crores in FY 24 from ₹1,508 crores in FY 23, a 58.8% increase. Net Interest Margin (NIM) improved to 14.92% from 13.61%, showcasing higher profitability.
Profitability Indicators: Net profit grew significantly to ₹1,450 crores in FY 24 from ₹827.86 crores in FY 23, a 75.1% rise. EPS increased from ₹52.04 to ₹90.88, reflecting stronger returns for shareholders.
Taxation & Dividend: The tax rate remained steady at 25.38% in FY 24 compared to 25.23% in FY 23. Dividend payout resumed at 11%, indicating a balance between reinvestment and rewarding shareholders.
Key Financial Metrics: Reserves increased to ₹6,411 crores in FY 24, up from ₹4,948 crores in FY 23. Total liabilities grew to ₹28,846 crores, while current assets rose to ₹28,016 crores, highlighting financial stability and growth.
Credit Access Grameen Stock Performance
CreditAccess Grameen Ltd delivered a 1-year ROI of -47.4%, reflecting a short-term decline, while achieving a 3-year ROI of 12% and a 5-year ROI of 1.8%, highlighting moderate long-term stability in returns.
| Period | Return on Investment (%) |
| 1 Year | -47.4 |
| 3 Years | 12 |
| 5 Years | 1.8 |
Credit Access Grameen Shareholding Pattern
CreditAccess Grameen Ltd’s shareholding pattern for Sep-24 shows promoters holding stable at 66.54%, FII slightly decreasing to 10.76%, DII declining to 14.86% and retail participation increasing to 7.83%, reflecting shifting investor dynamics and growing retail interest.
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 66.54 | 66.56 | 66.58 |
| FII | 10.76 | 10.88 | 11.65 |
| DII | 14.86 | 16.25 | 15.76 |
| Retail & others | 7.83 | 6.31 | 6.01 |
Credit Access Grameen Partnerships and acquisitions
CreditAccess Grameen has established strategic partnerships with technology providers and financial institutions to enhance rural lending capabilities. Their collaborations strengthen digital infrastructure, payment solutions and customer service innovation. Rural focus drives growth.
Recent partnerships focus on digital lending platforms, financial literacy initiatives and rural outreach programs. These alliances enhance operational efficiency while improving customer experience through innovative microfinance solutions. Technology adoption expands reach.
Strategic investments in digital infrastructure and grassroots networks expand service capabilities. These relationships facilitate innovation in microfinance products, rural banking solutions and financial inclusion programs. Excellence drives market leadership.
Credit Access Grameen Peer comparison
CreditAccess Grameen Ltd, with a market cap of ₹13,398 crores and a P/E of 10, leads in ROE at 24.77%. It outperforms peers like Shriram Finance (₹1,09,015.68 crores, ROE 15.93%) but lags in 1-year returns at -47.41%.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % | CP Rs. |
| Bajaj Finance | 6907.75 | 427587.29 | 27.81 | 22.07 | 248.48 | -5.73 | 11.92 | 0.52 | 6907.75 |
| Bajaj Finserv | 1579.3 | 252160.84 | 29.66 | 15.28 | 53.26 | -6.32 | 11.72 | 0.06 | 1579.3 |
| Jio Financial | 305 | 1,93,743 | 121 | 1.27 | 3 | 31 | 1.55 | 0 | 304.95 |
| Bajaj Holdings | 11,301 | 1,25,768 | 17 | 14.77 | 665.57 | 47.25 | 13.07 | 1.16 | 11300.9 |
| Shriram Finance | 2898.9 | 109015.68 | 14 | 15.93 | 213.88 | 41.18 | 11.27 | 1.55 | 2898.9 |
| Cholaman.Inv.&Fn | 1193.85 | 100376.65 | 26 | 20.16 | 45.86 | -5.23 | 10.41 | 0.17 | 1193.85 |
| HDFC AMC | 4263.1 | 91,127 | 41 | 30 | 103.57 | 33.01 | 37.72 | 1.64 | 4263.1 |
| CreditAcc. Gram. | 840 | 13,398 | 10 | 24.77 | 83.73 | -47.41 | 14.76 | 1.19 | 839.65 |
Future of Credit Access Grameen
CreditAccess Grameen is strategically expanding its rural presence with substantial investments in digital infrastructure and customer-centric solutions. Their focus includes enhancing microfinance services, strengthening collection efficiency and optimizing operational processes.
The company plans significant investments in technology platforms and rural network expansion. Emphasis on financial inclusion and sustainable lending practices supports market leadership while maintaining robust asset quality. Innovation ensures growth.
Their roadmap emphasizes deepening rural penetration and digital transformation initiatives. The focus remains on responsible lending while expanding its geographical presence strategically. Market expertise drives success. Growth momentum continues.
How To Invest In Credit Access Grameen Share?
To invest in CreditAccess Grameen shares, open a demat and trading account with a broker like Alice Blue. Complete KYC requirements, analyze the company’s financials and place a buy order during market hours, specifying the quantity and price to initiate your investment.
Ensure your demat account is active and adequately funded. Research CreditAccess Grameen’s microfinance initiatives, growth potential and market position. Use fundamental or technical analysis to determine the right entry point, aligning your investment with both short- and long-term financial goals.
After purchasing shares, monitor your portfolio regularly. Stay updated with CreditAccess Grameen’s quarterly results, microfinance sector trends and macroeconomic developments. This approach ensures informed decision-making, helping you optimize returns and mitigate potential risks effectively.
Credit Access Grameen – FAQs
CreditAccess Grameen maintains a market capitalization of Rs. 13,398 crores, reflecting its strong position in the microfinance sector. Robust financial performance and rural market leadership drive valuation growth. Market confidence remains high.
CreditAccess Grameen maintains leadership in microfinance with a strong rural presence and innovative lending solutions. Their customer-centric approach and digital capabilities establish a significant market presence. Excellence drives growth.
CreditAccess Grameen focuses on organic growth while strategically acquiring regional microfinance institutions. Their approach strengthens geographical presence and enhances rural market penetration. Innovation drives expansion.
CreditAccess Grameen provides microfinance services to rural and semi-urban communities, focusing on women entrepreneurs. They offer collateral-free loans and financial literacy programs through extensive rural networks.
CreditAccess Grameen operates under professional management with CreditAccess Asia NV as the promoter entity. Strong corporate governance ensures operational excellence while maintaining strategic focus. Leadership drives vision.
Major shareholders include CreditAccess Asia NV, institutional investors and public shareholders. The ownership structure supports strategic growth initiatives while maintaining market confidence. Stability drives progress.
CreditAccess Grameen operates in the microfinance industry, specializing in rural lending and financial inclusion initiatives. Their focus includes empowering women entrepreneurs through sustainable financial solutions.
CreditAccess Grameen shows strong loan book growth through expanded rural presence, digital lending initiatives and improved collection efficiency. Market penetration and customer retention drive sustainable growth.
Investors can purchase CreditAccess Grameen shares through registered brokers or online trading platforms after opening a demat and trading an account with Alice blue. Systematic investment plans offer wealth creation opportunities.
Current market metrics, growth potential and sector leadership position indicate a balanced valuation. Strong fundamentals and rural market expansion plans support market value. Growth prospects remain positive.
CreditAccess Grameen’s future looks promising with a focus on digital transformation, rural market expansion and sustainable lending practices. Strategic initiatives and market leadership drive long-term success.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
