Analyst Rating
based on 17 analysts
94.12%
Buy
5.88%
Hold
0.00%
Sell
Based on 17 analysts offering long term price targets for CreditAccess Grameen Ltd. An average target of ₹1639.12
Source: S&P Global Market Intelligence
CreditAccess Grameen Ltd Share analysis
CreditAccess Grameen Ltd price forecast by 17 analysts
Upside of30.83%
High
₹1920
Target
₹1639.12
Low
₹1150
CreditAccess Grameen Ltd target price ₹1639.12, a slight upside of 30.83% compared to current price of ₹1240.4. According to 17 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
CreditAccess Grameen Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0.44%
Forecast
Actual
Including amortisation and stock based compensations
CreditAccess Grameen Ltd EPS growth forecast
EPS estimate Q1, FY2026:42.16%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,237₹1,263.9552 Week's Low
52 Week's High
₹1,153₹1,796
| Returns % | |
| 1 Month Return | + 2.16 % |
| 3 Month Return | -16.25 % |
| 1 Year Return | -5.91 % |
| Market Stats | |
| Previous Close | ₹1,252.90 |
| Open | ₹1,259.20 |
| Volume | 1.62L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹19,977.87Cr |
Key Statistics
| P/E Ratio | 13.34 |
| PEG Ratio | 0.47 |
| Market Cap | ₹19,977.87 Cr |
| P/B Ratio | 3.49 |
| EPS | 90.72 |
| Dividend Yield | 0.69 |
| Sector | Finance |
| ROE | 24.77 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹19,977.87 Cr | 20.6% | 0.88 | ₹1,445 Cr | ₹5,118 Cr | |
| BUY | ₹17,846.23 Cr | 13.79% | 0.84 | ₹2,197 Cr | ₹8,848 Cr | |
| NA | ₹34,788.82 Cr | 154.55% | 0.50 | ₹384 Cr | ₹385 Cr | |
| BUY | ₹21,878.17 Cr | 70.47% | 0.89 | ₹1,974 Cr | ₹10,471 Cr | |
| BUY | ₹7,608.78 Cr | 35.36% | 0.50 | ₹155 Cr | ₹3,171 Cr |
Mutual Fund Holdings
Company Information
Share Price: ₹1240.40 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹19,977.87Cr as of today
Revenue: ₹1,512.58Cr as on June 2024 (Q2 24)
Net Profit: ₹397.66Cr as on June 2024 (Q2 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
Axis Securities Recommends Buy on CreditAccess Grameen - 06 Sep, 2024
Axis Securities has issued a buy recommendation for CreditAccess Grameen with a target price of Rs 1555. The company reported a consolidated total income of Rs 1512.58 crore for Q2 2024, reflecting a 29.20% year-over-year increase, and a net profit of Rs 397.66 crore. Promoters hold a 66.56% stake in the company.
CreditAccess Grameen Promoters Delay Exit Plans - 02 Sep, 2024
Promoters of CreditAccess Grameen Limited may pause their exit plans due to high valuation demands, seeking a 15-20% premium over the current market price, which has deterred potential investors.
CreditAccess Grameen Reports Strong Earnings Growth - 30 Aug, 2024
CreditAccess Grameen's latest quarter shows a consolidated total income of Rs 1512.58 crore, up 3.67% quarter-over-quarter and 29.20% year-over-year. The net profit after tax reached Rs 397.66 crore. Motilal Oswal recommends a buy with a target price of Rs 1520.
Caution on CreditAccess Grameen Amidst Challenges - 26 Aug, 2024
CreditAccess Grameen's stock has declined 25% YTD despite strong market conditions. Q1FY25 showed soft loan growth and asset quality concerns, with high susceptibility to socio-political issues. The stock is expected to remain range-bound amid a potential promoter change.
CreditAccess Grameen Valuation Targets $2.7 Billion Sale - 12 Aug, 2024
CreditAccess India B.V. plans to sell its 66.56% stake in CreditAccess Grameen, targeting a valuation of $2.7 billion, potentially the largest in India's microfinance sector. Investment banks have been engaged to find buyers, and the company could command a premium due to its unique market position.
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 IMPACTProfit Spike
Netprofit is up for the last 4 quarters, 347.04 Cr → 397.66 Cr (in ₹), with an average increase of 4.3% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 9 quarters, 760.52 Cr → 1.51K Cr (in ₹), with an average increase of 8.2% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.01% to 6.31% in Jun 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 13.98% to 14.31% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 168.0% return, outperforming this stock by 71.8%
- NO EFFECT
Against Peers
In the last 1 year, Shriram Finance Ltd has given 79.1% return, outperforming this stock by 85.0%
NEGATIVE IMPACTPrice Dip
In the last 3 months, CREDITACC stock has moved down by -16.3%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 11.65% to 10.88% in Jun 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 66.58% to 66.56% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 66.56% | ||
| Foreign Institutions | 10.88% | ||
| Mutual Funds | 14.31% | 2.34 | |
| Retail Investors | 6.31% | 5.01 | |
| Others | 1.94% | 9.13 |
Key Indicators
CreditAccess Grameen Ltd Valuation
CreditAccess Grameen Ltd in the last 5 years
Lowest (12.54x)
August 14, 2024
Today (13.34x)
September 17, 2024
Industry (28.65x)
September 17, 2024
Highest (180.76x)
December 13, 2021
Earnings and Dividends
CreditAccess Grameen Ltd Earnings Results
CreditAccess Grameen Ltd’s net profit jumped 14.12% since last year same period to ₹397.66Cr in the Q1 2024-2025. On a quarterly growth basis, CreditAccess Grameen Ltd has generated 0.15% jump 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 0.80%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
CreditAccess Grameen Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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CreditAccess Grameen Ltd (CREDITACC) share price today is ₹1240.4
CreditAccess Grameen Ltd is listed on NSE
CreditAccess Grameen Ltd is listed on BSE
- Today’s highest price of CreditAccess Grameen Ltd is ₹1263.95.
- Today’s lowest price of CreditAccess Grameen Ltd is ₹1237.
PE Ratio of CreditAccess Grameen Ltd is 13.34
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 1.62L.
Today’s market capitalisation of CreditAccess Grameen Ltd(CREDITACC) is ₹19977.87Cr.
| CreditAccess Grameen Ltd(CREDITACC | Price |
|---|---|
52 Week High | ₹1796 |
52 Week Low | ₹1153 |
CreditAccess Grameen Ltd(CREDITACC) share price is ₹1240.4. It is down -30.94% from its 52 Week High price of ₹1796
CreditAccess Grameen Ltd(CREDITACC) share price is ₹1240.4. It is up 7.58% from its 52 Week Low price of ₹1153
| CreditAccess Grameen Ltd(CREDITACC | Returns |
|---|---|
1 Day Returns | -12.5% |
1 Month Returns | 2.16% |
3 Month Returns | -16.25% |
1 Year Returns | -5.91% |