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Satin Creditcare Network Ltd share Price

Company details

6M Return 90.56%
1Y Return 108.92%
Mkt Cap.(Cr) 2,333.43
Volume 76,587
Div Yield 0.00%
OI Chg %
Volume 76,587

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Non-banking Financial company Satin Creditcare Network announced Q1FY24 results:

  • Reported highest Q1 disbursements of Rs 1,980 crore
  • Observed strong net customer addition of ~2.3 lakh
  • PAT stood at Rs 86 crore, RoA at 4.3% & RoE at 17.5%; highest ever profitability
  • With operational efficiencies playing out, Opex to Avg AUM has reduced to 5.8% as compared to 7.1% in Q1FY23, decreased by 133 bps
  • Cost to Income ratio of 48.9% as compared to 71.1% in Q1FY23
  • During Q1FY24, the Company did a fundraising of Rs 2,148 crore from various lenders; with 66% YoY growth
  • Total borrowings stood at Rs 6,107 crore as of 30th June 2023

Commenting on the performance, HP Singh, Chairman cum Managing Director of Satin Creditcare Network, said, "We are pleased to highlight our Company’s outstanding success in Q1FY24, which marks the most considerable growth in the last 5 years across all financial and operational parameteRs This remarkable accomplishment reflects our unwavering dedication to excellence and steadfast progress.

With an impressive YoY consolidated growth of 26%, this quarter has surpassed all expectations, and it also represents the highest-ever Q1 disbursement in the last 5 years, a testament to the strength of our resilient business model and key initiatives.

Our relentless focus on prioritizing our customers' needs has yielded significant outcomes, as exemplified by the substantial net customer additions, propelling us to surpass the notable milestone of serving more than 3 million active clients. This robust expansion is a resounding demonstration of the confidence and trust our clients have in us as their preferred financial partner.

Aligning with our vision for the subsequent years to come, we have expanded our footprint by adding 27 branches during Q1FY24, allowing us to effectively extend our reach to previously untapped regions, empowering more lives with access to essential financial services. Leveraging the outreach through our subsidiaries further enhances our ability to serve diverse communities and extend our positive impact.

Further validating the success of this quarter, we achieved the highest-ever Q1 PAT in the last 5 years, reflecting the efficacy of our financial decisions and operational efficiency.

To further demonstrate the faith our investors have in our long-term outlook and strategic direction, we are glad to unveil that we completed the preferential allotment of Rs 225 crore through the issuance of equity shares and fully convertible warrants.

As we move forward on this phenomenal path, we will never waver in our adherence to responsible lending practices, which includes ensuring that a sizable portion of our clients has our company as their sole lender at the time of disbursement, reiterating our pledge to long-term growth and encouraging individuals to improve their lives.

With ample liquidity and a strong foundation, we are well on track to achieve our guided growth of 25% , confidently navigating towards a future of continued success and delivering value to all our stakeholders Together, we stride ahead, building a better, more inclusive financial landscape for all."



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Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Satin Creditcare Network Ltd Stocks COMPARISION


Equity Capital: 1,598.86 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,065.79 -8,050.74
LAST 3M 44,357.20 2,185.25
LAST 6M 53,246.77 150,167.93
LAST 12M 139,937.47 157,645.13
Satin Creditcare Network receives Rs 14.77 cr from Govt. of Assam

Sep 25, 2023 l BSE Announcement

Satin Creditcare Network Limited - Press Release

Sep 25, 2023 l NSE Announcement

Satin Creditcare Network Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Sep 20, 2023 l NSE Announcement

Date Action Type Ratio
No data found

Satin Creditcare Network Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Satin Creditcare Network, established in 1990, offers a diverse range of financial products and services to empower and support low-income communities. The organisation provides collateral-free microcredit facilities to economically active women in rural and semi-urban areas with limited access to mainstream financial service providers and personal and small business loans. In 1998, the company was registered as an NBFC with the RBI. The company has operations in more than 23 states and more than 8,000 employees, and 1,000 branches across India. Its corporate office is in Gurugram, Haryana.

    On 10 February 2023, the market capitalisation of the company was Rs 1,203.84 crore. It reported a total income of Rs 703.30 crore at the end of the second quarter of the financial year 2022-2023. The company is listed on the Bombay Stock Exchange with the code 890149 and on the National Stock Exchange under the code SATINPP1.  

    Satin Creditcare has a diversified shareholding pattern, with promoters holding approximately 38.00% of the company. The public has a stake of 51.02% in the company. FIIs hold a stake of 7.67% in the company, while DIIs hold a stake of 3.31%. The shareholding pattern of the company has remained largely stable over the past year.

    H P Singh is the current managing director of the company. Other directors of the company include Satvinder Singh, Christian B Ramm, Anil Kumar Kalra, Goh Colin, Sangeeta Khorana, Sanjay Kumar Bhatia, and Sundeep Kumar Mehta. The chief financial officer of Satin Creditcare is Rakesh Sachdeva. The company’s auditors are S S Kothari Mehta & Co and Walker Chandiok & Co. LLP. 

    On 10 February 2023, Satin Creditcare’s share price was Rs 143.3 on the BSE and Rs 143.5 on the NSE. The company’s 52-week-high was Rs 173.40, while the 52-week-low was Rs 81.55. Its three-month return to investors was 1.01%%, while its one-year return was 42.25%.

    As of December 2023, Aditya Birla SL Small Cap Direct-G had an investment of Rs 41.9 crore in the company.

    In the quarter ended December 2022, the company saw a total income of Rs 415.96 crore. The income growth of the company was 15.3%.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

5th Flr Kundan Bhavan Azadpur, Commercial Complex, New Delhi, New Delhi, 110033

Tel : 91-11-47545000
Email : info:satincreditcare.com
Website : http://www.satincreditcare.com

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539404
Book Closure Date (Month) :
BSE Group : B
ISIN : INE836B01017

FAQ’s on Satin Creditcare Network Ltd Shares

You can buy Satin Creditcare Network Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Satin Creditcare Network Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 26, 2023 10:59 AM the closing price of Satin Creditcare Network Ltd was ₹ 234.20.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 26, 2023 10:59 AM, the market cap of Satin Creditcare Network Ltd stood at ₹ 2,333.43.

The latest PE ratio of Satin Creditcare Network Ltd as of Sep 26, 2023 10:59 AM is 7.61

The latest PB ratio of Satin Creditcare Network Ltd as of Sep 26, 2023 10:59 AM is 0.75

The 52-week high of Satin Creditcare Network Ltd is ₹ 254.60 while the 52-week low is ₹ 110.10

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