CreditAccess Grameen Ltd

CreditAccess Grameen Ltd Share Price Today: Live Updates & Key Insights

Get insights on CreditAccess Grameen Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

CreditAccess Grameen Ltd Share Price Chart

CreditAccess Grameen Ltd Fundamentals

Traded Volume: 5,13,808

Market Cap(Cr): 21,745

Avg Traded Price 1348.90

1 Year return 57.78%

Upper Circuit 1,363

Lower Circuit 1,324.1

P/E TTM 163.00

P/B Ratio 8.00

Traded Value(Cr) 6983.68

EPS TTM 8.357

Book value 8.357

Dividend 0.00%

CreditAccess Grameen Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights CreditAccess Grameen Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the CreditAccess Grameen Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W +0.25%

1M +5.63%

3M -0.31%

1Y +57.78%

YTD +49.10%

CreditAccess Grameen Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights CreditAccess Grameen Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 1.22L

Day Before Yesterday 84063.00

1W Avg 2.41L

1M Avg 6.39L

3M Avg 3.84L

CreditAccess Grameen Ltd Technical Details

CreditAccess Grameen Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 1335

Support 2 1310

Support 3 1296

Pivot Point : 1349

Resistance 1 1373

Resistance 2 1388

Resistance 3 1412

CreditAccess Grameen Ltd Corporate Actions

CreditAccess Grameen Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on CreditAccess Grameen Ltd’s capital allocation strategies.

All

Ex-Date 26-Jul-2024 Type D Description 10.00/share@100.00% Record Date 26-Jul-2024 Ratio 100.00

Dividends

Announcement Date 26-Jul-2024 Ex Dividend Date 26-Jul-2024 Dividend(%) 100

Bonus

No Bonus has been declared by CREDITACC

Splits

No Split has been declared by CREDITACC

Others

Rights No Rights has been declared by CREDITACC

CreditAccess Grameen Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares CreditAccess Grameen Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate CreditAccess Grameen Ltd's relative performance and valuation against major competitors.

Stock Name AU Small Finance Bank Ltd ₹915.35 (-0.43%) M. Cap (Cr) 683.17 1 Yr Return (%) +54.13% P/E (TTM) 31.43 PB Ratio 4.01

Stock Name CreditAccess Grameen Ltd ₹1359.20 (+2.33%) M. Cap (Cr) 217.45 1 Yr Return (%) +57.78% P/E (TTM) 162.65 PB Ratio 3.13

Stock Name Ujjivan Small Finance Bank Ltd ₹54.16 (+0.24%) M. Cap (Cr) 104.95 1 Yr Return (%) +65.68% P/E (TTM) 25.17 PB Ratio 1.78

Stock Name Equitas Small Finance Bank Ltd ₹63.98 (-0.65%) M. Cap (Cr) 72.98 1 Yr Return (%) +0.52% P/E (TTM) -80.00 PB Ratio 1.20

Stock Name Jana Small Finance Bank Ltd ₹449.35 (-1.32%) M. Cap (Cr) 47.30 1 Yr Return (%) +8.72% P/E (TTM) 11.51 PB Ratio 1.16

Stock Name Muthoot Microfin Ltd ₹170.65 (+0.39%) M. Cap (Cr) 29.09 1 Yr Return (%) -6.27% P/E (TTM) -8.07 PB Ratio 1.10

Stock Name Utkarsh Small Finance Bank Ltd ₹16.22 (-1.88%) M. Cap (Cr) 28.86 1 Yr Return (%) -45.33% P/E (TTM) -3.83 PB Ratio 0.74

CreditAccess Grameen Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by CreditAccess Grameen Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 1125.16 Mar 2024 -4733.89 Mar 2023 -3289.76 Mar 2022 -1968.56 Mar 2021 -364.32

PARTICULARS Investing Activities Mar 2025 708.33 Mar 2024 -994.20 Mar 2023 -314.42 Mar 2022 -189.25 Mar 2021 -31.67

PARTICULARS Financing Activities Mar 2025 -1669.38 Mar 2024 5493.86 Mar 2023 3365.07 Mar 2022 1684.38 Mar 2021 1705.96

PARTICULARS Net Cash Flow Mar 2025 164.11 Mar 2024 -234.23 Mar 2023 -239.11 Mar 2022 -473.43 Mar 2021 1309.97

CreditAccess Grameen Ltd Shareholding Pattern

This shows the ownership breakdown of CreditAccess Grameen Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 66.37%

Public 8.02%

Other Institutions 2.36%

FII 12.29%

Mutual Funds 10.97%

About CreditAccess Grameen Ltd

CreditAccess Grameen Limited was originally incorporated as a Private Limited Company under the name 'Sanni Collection Private Limited' on June 12, 1991 at Calcutta, West Bengal. The Company converted into a Public Limited Company on November 27, 2017 and name of the Company was changed to Grameen Koota Financial Services Limited on December 18, 2017 and was again changed to CreditAccess Grameen Limited on January 12, 2018. Subsequently, RBI granted a fresh Certificate of Registration dated January 19, 2018. The Company is promoted by CreditAccess Asia N.V., a multinational company specializing in MSE (micro and small enterprise) financing.The Company is Bengaluru headquartered microfinance institution offering affordable financial products and services. The lending products cater to income generation, education, medical, festival, home improvement, water and sanitation and emergency needs of customers. The Company has enhanced the capabilities beyond solving basic credit needs to cover a wide range of financial and non- financial products including, unsecured business loans, mortgage-backed business loans, two-wheeler loans, gold loans, affordable housing loans, wage loss insurance, life insurance and AEPS enabled cash withdrawal facility to the microfinance model going beyond the traditional credit delivery mechanism.The Company is engaged primarily in providing micro finance services to women who are enrolled as members and organized as Joint Liability Groups (JLG). In addition to core business of providing micro-credit, it uses distribution channel to provide certain other financial products and services to the members. It provides other categories of loans like family welfare loans, home improvement loans and emergency loans to existing customers. As of March 31, 2023, the Company had 1,786 branches across 352 districts in the States of Karnataka, Maharashtra, Madhya Pradesh, Chhattisgarh, Tamil Nadu, Odisha, Kerala, Goa, and the Union Territory of Puducherry.In February 2007, the entire shareholding of SCPL was acquired by Vinatha M. Reddy, Vijitha Subbaiah and Suresh K. Krishna, in their respective individual capacity. Subsequently, in October 2007, the microfinance business being operated under T. Muniswamappa Trust (TMT), a public charitable trust engaged in the business of providing micro loans in Karnataka was transferred to SCPL. The microfinance business being operated under TMT was established as a programme under the name 'Grameen Koota' in 1999. In 2008, Company launched Mifos software in all its branches. It commenced operations in Maharashtra. Subsequent to acquisition of SCPL and transfer of microfinance business of TMT to SCPL, SCPL was re branded under the 'Grameen' name, and pursuant to a Resolution of the Shareholders of SCPL, its name was changed from SCPL to Grameen Financial Services Private Limited ('GFSPL') on March 14, 2008, post which the Reserve Bank of India (RBI) granted a Certificate of Registration dated July 28, 2009 reflecting the change of name. In 2010, the company raised Rs 57.60 crore through securitisation. In 2011, it commenced integration with Credit Bureau for credit decisions and also commenced multi-product strategy.The Company granted NBFC-Microfinance Institution ('NBFC-MFI') status by the RBI with effect from September 5, 2013. Subsequently, the name of the Company was changed to Grameen Koota Financial Services Private Limited on November 13, 2014. Further, a fresh certificate of registration consequent upon change of name was issued to the company by the RBI on December 16, 2014. In 2014, CreditAccess Asia N.V. acquired a majority stake in the company.In 2015, the company commenced operations in Madhya Pradesh and Chhattisgarh. It established 7 regional processing centres across its operational geographies. It launched a core banking IT solution - T24. In 2016, it introduced business loans facilities as part of the Retail Finance division.CreditAccess Grameen came out with an initial public offer (IPO) during the period from 8 August 2018 to 10 August 2018. The IPO was a combination of fresh issue of Rs 630 crore and an offer for sale of 1.18 crore equity shares from promoter CreditAccess Asia N.V. The IPO was priced at Rs 422 per share. The stock made its debut on the bourses on 23 August 2018.In August 2018, Company after listing its shares on the BSE & NSE completed a securitisation transaction valued Rs. 91.22 crore on August 27, 2018. On 31 August 2018, Company completed a securitisation transaction of Rs 248.35 crore on August 31, 2018. With this transaction, it completed five securitization transactions and one Direct Assignment transaction totalling to Rs.733.11 crore in FY19. The Company acquired 75.64% of the shareholding of Madura Micro Finance Limited (MMFL) from its existing shareholders on March 18, 2020, which was a subsidiary of the Company from March 18, 2020 up to March 31, 2020 and additionally acquired 0.44% of the share capital of MMFL on March 31, 2020. During financial year 2020-21, Company completed Qualified Institutional Placement (QIP) of Rs. 8,000 million. It opened 35 new branches in March 2021 across Rajasthan, Bihar, Jharkhand, Madhya Pradesh, Gujarat and d Uttar Pradesh, which was in expansion line. CreditAccess India Foundation (CAIF) was incorporated on May 29, 2021, as a wholly owned subsidiary of the Company. During FY 2022, the Company opened 211 new branches. The erstwhile Material Subsidiary, Madura Micro Finance Limited (MMFL) and CreditAccess Grameen Limited got merged through the Scheme of Amalgamation effective from February 15, 2023 and accordingly, all the undertakings of MMFL were transferred and vested in the Company on a going concern basis during the year 2022-23.During the year 2022-23, the Company raised, by way of Public Issue, Rs 500 Crore of Secured NCDs having a face value of Rs 1000 each, allotted on November 23, 2022 and as a result, the NCDs got listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE).The Company opened 167 new branches in FY23. In FY 24-25, Company raised Rs 990 Crore, by way of Public Issue, of Secured NCDs having a face value of Rs 1,000 each, which were allotted on September 07, 2024 and listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). The Company opened 194 new branches in FY24.

Chairman

George Joseph

Registered office New No 49 (O No 725) 46th Cros, 8th Block Jayanagar, Bangalore, Karnataka, 560071

FAX :91-80-22637300

Background

Incorporation Year 1991

Face Value ₹10.00

Market Lot 1

CreditAccess Grameen Ltd Latest News

VIEW MORE NEWS

FAQs on CreditAccess Grameen Ltd