NSE: CREDITACC · BSE: 541770 · ISIN INE741K01010
CREDITACCESS GRAMEEN LIMITED stock analysis
CREDITACCESS GRAMEEN LIMITED ranks #1373 in the TickerSutra evidence-ranked universe with a score of 54/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.0%, quarterly sales growth of 21.9% and quarterly profit growth of 719.7%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- 20.2% three-year sales CAGR
- Institutional ownership is rising
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
- Extreme base-effect growth requires manual validation
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,669cr | ₹447cr | ₹353cr | 17.0% |
| 2023 | ₹3,487cr | ₹1,092cr | ₹826cr | 31.0% |
| 2024 | ₹5,167cr | ₹1,984cr | ₹1,446cr | 38.0% |
| 2025 | ₹5,752cr | ₹767cr | ₹531cr | 13.0% |
| 2026 | ₹6,059cr | ₹1,093cr | ₹778cr | 18.0% |
| TTM | ₹6,380cr | ₹1,672cr | ₹1,211cr | 26.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineCreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBSE · 26 Sept 2026Schedule of Investor's Meeting on September 28, 2026
RoutineConfirmation of Redemption/Payment of Interest and PrincipalNSE · 21 Sept 2026Confirmation of Redemption/Payment of Interest and Principal
RoutineCreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSBSE · 19 Sept 2026Allotment of equity shares under Employee Stock Option plan of the Company
RoutineESOP/ESOS/ESPSNSE · 19 Sept 2026CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding Allotment of 33689 Shares.
MANAGEMENT COMMENTARY
Signals from filed documents
Note: Reference to Profit & Loss Statement i) Operating cost = Fee and commission expense + Impairment on financial instruments + Depreciation and amortisation expenses + Other expenses (excluding Rates & taxes & CSR expenses) ii) Payments to Capital Providers = Finance costs iii) Payment to Government = Rates & taxes + Income tax (current tax) J in MillionOur liability profile continues to remain diversified, with a
And importantly, employee attrition continued to moderate meaningfully, standing at 20.6% as of Q1 FY27 against 25.8% in Q1 FY26. CreditAccess Grameen Limited July 24, 2026 Page 3 of 14 The quality of our portfolio remains one of the best in the industry with the AUM share of unique group lending borrowers where portfolio quality has historically been relatively better at 45.7% and the AUM share of borrowers with ove
Consistency in these actions is what builds long-term trust and ensures sustainable growth. As we look ahead, we are confident about the opportunities in front of us. Our focus will remain on strengthening our people, deepening customer relationships, and building a resilient institution for the long term.
Industry Overview: (Data as of March 31, 2026) The Indian microfinance industry remains a critical enabler of financial inclusion, providing formal credit access to low-income and underserved households across rural and semi-urban India. Supported by strong regulatory oversight and the role of Self-Regulatory Organisations (SROs), the industry has navigated one of its most challenging periods in recent years. Despite
Climate-related risks can lead to elevated credit losses, reduced asset quality, and increased provisioning requirements. Conversely, proactive GHG management and climate disclosures improve CA Grameen’s access to green bonds, ESG-linked financing, and sustainability-focused institutional investors. 12 Human Rights Opportunity Respecting human rights across CA Grameen’s value chain—including fair treatment of employe
This approach ensures that the identified issues are not only critical to our financial performance but also capture their wider impact on society and the environment. MANAGEMENT RESPONSIBILITY To optimize governance oversight, risk management, and controls, the contents of this report have been reviewed by the senior management of the Company and reviewed and approved by the Board of Directors to ensure the integrit
Our average cost of borrowings declined by 60 bps to 9.2%, supporting healthy net interest margins. Operating leverage remains industry-leading, with Opex/AUM at 5.05%, enabling scalable growth while maintaining a stable cost structure. Our conservative provisioning policy ensures early recognition of stress, protecting profitability.
Borrower Distribution (Consolidated) FY2022 FY2023 FY2024 FY2025 FY2026 Rural 84% 85% 86% 86% 87% Urban 16% 15% 14% 14% 13% B. Market Leadership As of March 31, 2026, the Company holds a 7.3% market share in the overall microfinance industry. The Company’s market share across its top four states of business operations was 21.3% in Karnataka, 21.9% in Maharashtra, 10.9% in Tamil Nadu, and 10.8% in Madhya Pradesh.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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