CreditAccess Grameen Limited (BOM: 541770)

India flag India · Delayed Price · Currency is INR
813.25
0.00 (0.00%)
At close: Dec 20, 2024
-51.87%
Market Cap 129.47B
Revenue (ttm) 29.33B
Net Income (ttm) 13.34B
Shares Out n/a
EPS (ttm) 83.32
PE Ratio 9.70
Forward PE n/a
Dividend 10.00 (1.12%)
Ex-Dividend Date Jul 26, 2024
Volume 39,626
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range 810.10 - 1,789.75
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 24, 2025

About CreditAccess Grameen

CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India. The company offers microcredit loans for income generation, home improvement, emergency, family welfare, and Grameen Unnati, as well as Grameen Suraksha, life insurance, and national pension schemes. It also provides retail finance loans, such as Grameen Vikas, Gruha Vikas, Grameen two-wheeler, and Grameen Swarna. In addition, the company offers digital lending products comprising Pragathi digita... [Read more]

Industry Personal Credit Institutions
Founded 1991
Employees 19,395
Stock Exchange Bombay Stock Exchange
Ticker Symbol 541770
Full Company Profile

Financial Performance

In 2023, CreditAccess Grameen's revenue was 29.94 billion, an increase of 54.57% compared to the previous year's 19.37 billion. Earnings were 14.46 billion, an increase of 75.04%.

Financial Statements

News

CreditAccess Grameen raises Euro 25 million from DEG and Rs 170 crore from Citi

CreditAccess Grameen Limited (CA Grameen), India’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has raised EUR 25 million from the German Investment Corporation (DEG) an...

22 days ago - Business Upturn

CreditAccess Grameen shares tank 10% after Goldman Sachs double downgrades stock to Sell from Buy, cuts target price

Shares of CreditAccess Grameen fell 9% after Goldman Sachs downgraded the stock to ‘Sell’ from ‘Buy’ and slashed its target price to ₹564 from ₹1,426. The downgrade stems from concerns over asset qual...

22 days ago - Business Upturn

Goldman Sachs double downgrades CreditAccess Grameen to Sell from Buy, target price cut sharply

Goldman Sachs has downgraded CreditAccess Grameen to 'Sell' from 'Buy' and sharply reduced its target price to ₹564 from ₹1,426, citing growing concerns over asset quality and earnings visibility.

22 days ago - Business Upturn

MFIs like Utkarsh, Spandana and CreditAccess Grameen have higher risk exposure: Jefferies

Jefferies highlights a mixed outlook for the MFI sector, forecasting 18% loan CAGR over the next two years but noting higher leverage and increased overdue loans. Key Observations: The share of loans ...

22 days ago - Business Upturn

CreditAccess Grameen shares drop over 5% after Q2 FY25 results show decline in revenue and profit

CreditAccess Grameen’s shares fell by over 5.35% in early trading today, reaching ₹929.00 after the company reported a significant decline in both revenue and net income for the second quarter of FY25...

7 weeks ago - Business Upturn