CreditAccess Grameen Ltd. (IN:CREDITACC)
:CREDITACC
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CreditAccess Grameen Ltd.
(CREDITACC)
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Rating:66Neutral
Price Target:
₹1,366.00
▲(2.50% Upside)
Action:Reiterated
Date:05/11/26
The score is driven primarily by mixed fundamentals: steady revenue growth and improving recent cash flow are offset by elevated leverage and uneven earnings/cash-flow history. Technicals are a clear positive (strong uptrend), but overbought signals add near-term risk. Valuation is reasonable but not notably cheap based on the provided P/E.
Positive Factors
Durable microfinance business model
CreditAccess’s group-lending microfinance model targets small-ticket loans to rural and semi-urban low-income households. Joint-liability structures and repeat borrowing tend to support higher collection discipline and customer retention, producing a steady interest-income stream durable across lending cycles.
Negative Factors
Elevated leverage
The balance sheet shows total debt running near three times equity, which is meaningfully elevated for an NBFC. High leverage raises sensitivity to rising funding costs and liquidity stress, limits capital flexibility for growth or provisioning, and increases refinancing and credit-risk exposure over cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Durable microfinance business model
CreditAccess’s group-lending microfinance model targets small-ticket loans to rural and semi-urban low-income households. Joint-liability structures and repeat borrowing tend to support higher collection discipline and customer retention, producing a steady interest-income stream durable across lending cycles.
Read all positive factors
CreditAccess Grameen Ltd. (CREDITACC) vs. iShares MSCI India ETF (INDA)
Market Cap
₹199.49B
Dividend Yield0.77%
Average Volume (3M)10.87K
Price to Earnings (P/E)25.6
Beta (1Y)1.14
Revenue Growth5.00%
EPS Growth45.78%
CountryIN
Employees19,395
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)8.36
Shares Outstanding160,232,540
10 Day Avg. Volume9,672
30 Day Avg. Volume10,870
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)2.36
Price to Sales (P/S)3.08
P/FCF Ratio6.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)96
Revenue Forecast (FY)₹49.15B
CreditAccess Grameen Ltd. Business Overview & Revenue Model
Company Description
Operating as a non-banking financial institution, CreditAccess Grameen Limited delivers microfinance solutions primarily to women from economically disadvantaged backgrounds across India. Its offerings encompass a variety of microcredit products t...
How the Company Makes Money
CreditAccess Grameen makes money primarily through interest income and fees earned from lending activities. Its core revenue stream is interest charged on microfinance loans (typically small-ticket, short-to-medium tenure loans) disbursed to custo...
CreditAccess Grameen Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
54
Neutral
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 55.48B | 60.14B | 55.39B | 49.05B | 32.97B | 25.47B |
| Gross Profit | 33.15B | 39.85B | 31.51B | 28.03B | 17.87B | 13.58B |
| EBITDA | 9.54B | 10.96B | 9.69B | 22.08B | 13.14B | 7.15B |
| Net Income | 1.34B | 7.78B | 5.31B | 14.46B | 8.26B | 3.53B |
Balance Sheet | ||||||
| Total Assets | 276.79B | 319.30B | 278.02B | 288.46B | 218.58B | 173.95B |
| Cash, Cash Equivalents and Short-Term Investments | 9.37B | 13.27B | 22.92B | 26.42B | 20.41B | 16.80B |
| Total Debt | 201.03B | 236.41B | 205.53B | 218.41B | 163.12B | 130.06B |
| Total Liabilities | 205.15B | 240.88B | 208.46B | 222.76B | 167.51B | 133.19B |
| Stockholders Equity | 71.64B | 78.42B | 69.56B | 65.70B | 51.07B | 41.67B |
Cash Flow | ||||||
| Free Cash Flow | 3.09B | 27.15B | 10.99B | -47.54B | -33.07B | -27.42B |
| Operating Cash Flow | 3.16B | 27.30B | 11.25B | -47.34B | -32.90B | -27.14B |
| Investing Cash Flow | -3.00B | -56.01B | 7.08B | -9.94B | -3.14B | -329.60M |
| Financing Cash Flow | -5.24B | 27.51B | -16.69B | 54.94B | 33.65B | 19.68B |
CreditAccess Grameen Ltd. Technical Analysis
Negative
1332.70
Price Trends
1278.89
Negative
1274.92
Negative
1310.01
Negative
Market Momentum
-8.30
Positive
42.74
Neutral
17.82
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CREDITACC, the sentiment is Negative. The current price of 1332.7 is above the 20-day moving average (MA) of 1321.55, above the 50-day MA of 1278.89, and above the 200-day MA of 1310.01, indicating a bearish trend. The MACD of -8.30 indicates Positive momentum. The RSI at 42.74 is Neutral, neither overbought nor oversold. The STOCH value of 17.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CREDITACC.
CreditAccess Grameen Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ₹124.23B | 11.29 | ― | 0.36% | 13.26% | 1.90% | |
66 Neutral | ₹199.49B | 25.61 | ― | 0.77% | 5.00% | 45.78% | |
66 Neutral | ₹191.23B | 20.13 | ― | 0.11% | 45.87% | 74.12% | |
58 Neutral | ₹209.20B | 12.59 | ― | ― | 34.64% | 316.68% | |
54 Neutral | ₹280.77B | 25.26 | ― | 0.80% | -5.36% | -17.52% | |
47 Neutral | ₹20.71B | -2.56 | ― | ― | -56.02% | 33.35% |
* Financial Sector Average
IN:CREDITACC
CreditAccess Grameen Ltd.
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CreditAccess Grameen Ltd. Corporate Events
CreditAccess Grameen Publishes FY26 Audited Results in Press
May 9, 2026
CreditAccess Grameen Ltd. has published its audited financial results for the quarter and financial year ended March 31, 2026 in leading newspapers, including the Financial Express and the Kannada daily Vishwavani, in line with regulatory requirem...
CreditAccess Grameen Closes Trading Window Ahead of FY26 Results
Mar 30, 2026
CreditAccess Grameen Limited has announced the closure of its trading window for designated persons and their immediate relatives, effective from April 1, 2026. This restriction will remain in place until 48 hours after the company publishes its a...
CreditAccess Grameen Raises USD 40 Million via Secured Dollar Bonds Listed on NSE IFSC
Mar 18, 2026
CreditAccess Grameen Ltd. has completed the issuance and allotment of 4,000 secured, rated, listed U.S. dollar-denominated non-convertible bonds with a face value of USD 10,000 each, aggregating to USD 40 million. The bonds, which will be listed o...
CreditAccess Grameen to Hold One-on-One Investor Meet with WhiteOak Capital
Mar 17, 2026
CreditAccess Grameen Limited has informed the stock exchanges that it will hold a one-to-one investor meeting with WhiteOak Capital Management on March 18, 2026, in a physical format. The scheduled interaction underscores the company’s ongoi...
CreditAccess Grameen Secures USD 75 Million Syndicated Social Loan to Bolster Inclusive Growth
Mar 10, 2026
CreditAccess Grameen Limited has raised a USD 75 million syndicated social loan, structured as external commercial borrowing under the Reserve Bank of India’s automatic route, with HSBC acting as sole mandated lead arranger and bookrunner an...
CreditAccess Grameen Schedules March 2026 Investor Meetings With Key Institutions
Mar 9, 2026
CreditAccess Grameen Limited has announced a schedule of investor meetings in March 2026 with several prominent institutional investors and intermediaries. The company will participate in the Investec India Promoter Founder Conference 2026 and ho...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.