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Satin Creditcare Network Ltd

SATIN

Satin Creditcare Network Ltd

SATIN
FinancialsConsumer Finance
SmallcapWith a market cap of ₹2,288 cr, stock is ranked 1,090
Moderate RiskStock is 2.88x as volatile as Nifty
208.070.01% (-0.02)
208.070.01% (-0.02)

Price Chart

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Returns
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1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsConsumer Finance
SmallcapWith a market cap of ₹2,288 cr, stock is ranked 1,090
Moderate RiskStock is 2.88x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Low

Undervalued compared to the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsConsumer Finance
SmallcapWith a market cap of ₹2,288 cr, stock is ranked 1,090
Moderate RiskStock is 2.88x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
5.050.95
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.562.580.76%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Satin Creditcare Network Ltd operates as a Non-Banking Finance Company.It provides individual loans to urban shopkeepers to purchase generators for their businesses and rural poor to meet their productive requirements in starting new businesses.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.17%, vs industry avg of 15.21%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.16% to 0.95%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 16.72%, vs industry avg of 20.98%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue801.471,031.241,445.141,503.441,380.171,381.141,550.892,240.532,415.99
Raw Materialssubtract1,785.68
Power & Fuel Costsubtract
Employee Costsubtract171.86220.48305.48351.35337.33393.12387.60447.91
Selling & Administrative Expensessubtract61.6265.4187.1998.1584.7779.47101.09117.46
Operating & Other expensessubtract524.12614.75724.15824.78952.75858.271,038.561,069.60
Depreciation/Amortizationsubtract6.0514.7412.5117.5415.0816.1018.3922.6623.98
Interest & Other Itemssubtract
Taxes & Other Itemssubtract12.9340.45114.6156.654.2313.480.43146.95153.01
EPS6.2716.7239.3128.94-2.302.930.6044.7541.22
DPS0.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 4PDF
Jan 31PDF
Oct 29PDF
Aug 9PDF
FY 2023

Annual report

PDF

Investor Presentation

Apr 29PDF
Jan 23PDF
Oct 28PDF
Aug 3PDF
FY 2024

Annual report

PDF

Investor Presentation

Sep 14PDF
Jul 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsConsumer Finance

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Satin Creditcare Network Ltd5.250.95
Bajaj Finance Ltd32.666.150.47%
Jio Financial Services Ltd137.361.58
Bajaj Housing Finance Ltd83.5411.82

Price Comparison

Compare SATIN with any stock or ETF
Compare SATIN with any stock or ETF
SATIN
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding36.17%1.00%6.04%7.14%49.64%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

JunJulSepDec '23MarJun6.72%5.29%6.93%9.58%6.66%7.14%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 1 Mutual Funds holding Satin Creditcare Network Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Bandhan Small Cap Fund - Growth - Direct Plan

Growth
0.9734%0.34%-0.08%113/172 (+5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

SATIN has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Corporate
Satin Creditcare Network to convene board meeting

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 20 September 2024.Powered by Capital Market - Live

22 hours agoCapital Market - Live
Live Market Update
Indices nudge lower in early trade; breadth strong

The key equity indices traded with limited losses in early trade. The Nifty traded below the 25,450 mark. Financial services, media and bank shares advanced while IT, metal and pharma stocks declined. At 09:30 IST, the barometer index, the S&P BSE Sensex was down 54.63 points or 0.07% to 83,024.97. The Nifty 50 index shed 15.35 points or 0.06% to 25,403.20. In the broader market, the S&P BSE Mid-Cap index rose 0.06% and the S&P BSE Small-Cap index fell 0.04%. The market breadth was strong. On the BSE, 1,645 shares rose and 869 shares fell. A total of 124 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 482.69 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 874.15 crore in the Indian equity market on 17 September 2024, provisional data showed. Stocks in Spotlight: Satin Creditcare Network added 1.34% after the company informed that a meeting of its board is scheduled to be held on Friday, 20 September 2024 to consider the fund raising proposal by way of issuance of non-convertible bonds (NCDs). Ceigall India jumped 5.40% after the company has received as L1 bidder from National Highway Authority of India for the construction of the 4/6 lane northern Ayodhya Bypass, with a bid project cost of Rs 1,199.3 crore, and the 4/6 lane southern Ayodhya Bypass, with a bid project cost of Rs 1,299.2 crore. Numbers to Track: MCX Gold futures for 4 October 2024 settlement rose 0.21% to Rs 73,251. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.08% to 100.82. The United States 10-year bond yield rose 0.03% to 3.645. In the commodities market, Brent crude for November 2024 settlement lost 36 cents or 0.49% to $73.34 a barrel. Global Markets: Most Asian shares traded mixed on Wednesday as investors eagerly awaited the Federal Reserve's interest rate decision. Despite muted trading volumes due to holidays in Hong Kong and South Korea, most regional stocks rose. While Chinese markets remained relatively stable after resuming trading from an extended break, investors also looked ahead to the Bank of Japan's policy meeting later in the week. The BoJ is expected to maintain current interest rates but may adopt a more hawkish stance, signaling potential future rate hikes. In the United States, stock markets closed mixed on Tuesday as uncertainty persisted regarding the magnitude of the Federal Reserve's anticipated rate cut. The Dow Jones Industrial Average fell 0.04% while the S&P 500 rose 0.3%, reversing momentum from earlier in the day, when they were at or near record levels. The Nasdaq Composite, meanwhile, finished higher by 0.2%. Market participants are widely expecting the Fed to reduce interest rates, with opinions divided between a 25 or 50 basis point cut. However, bets on a larger 50 basis point reduction have been gaining momentum. Additionally, the Fed's announcement is anticipated to signal the beginning of an easing cycle, which is generally positive for risk-oriented stock markets.Powered by Capital Market - Live

1 day agoCapital Market - Live
Spotlight
Satin Creditcare board to mull NCD issue on Sep 20

The company will issue listed, secured NCDs on private placement basis. Satin Creditcare Network is a leading microfinance institution (MFI) in the country with presence in 26 states & union territories and 95,000 villages. The company also offers a bouquet of financial products in the Non-MF segment, comprising of loans to MSMEs, affordable housing loans to MSMEs, affordable housing loans, and business correspondent services. The company's consolidated net profit increased 19.8% to Rs 105.28 crore on 36.8% rise in total income to Rs 634.35 crore in Q1 FY25 over Q1 FY24. The scrip declined 0.43% to end at Rs 209.10 on Tuesday, 17 September 2024.Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
Satin Creditcare Network inducts three new directors

Satin Creditcare Network has appointed Jyoti Davar as an Independent Director. This marks the third addition to the Board in recent times, reflecting the company's commitment to enhancing its governance and strategic oversight. The new appointees also include - Anil Kaul, former Managing Director of Tata Capital Housing Finance, whose extensive experience with leading financial institutions such as ICICI Group, Bank Muscat SAOG, Standard Chartered Bank India, and Citibank N.A. India, brings unmatched expertise in finance and planning. He joined the Board in January 2024. Joydeep Datta Gupta, former Partner at Deloitte India and Board Member of Deloitte Asia Pacific, joined the Board in June 2024. His distinguished career in technology and digital transformation is driving SCNL's governance model towards cutting-edge practices in risk management and operational efficiency, ensuring robust and forward-thinking oversight. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Satin Creditcare Network to consider fund Raising

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 11 September 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Satin Creditcare Network to conduct board meeting

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Satin Creditcare Network consolidated net profit rises 19.81% in the June 2024 quarter

1 month agoBusiness Standard
Earnings
Satin Creditcare Network consolidated net profit rises 19.81% in the June 2024 quarter

Net profit of Satin Creditcare Network rose 19.81% to Rs 105.28 crore in the quarter ended June 2024 as against Rs 87.87 crore during the previous quarter ended June 2023. Sales rose 36.90% to Rs 632.44 crore in the quarter ended June 2024 as against Rs 461.97 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales632.44461.97 37 OPM %62.6266.24 - PBDT146.71121.92 20 PBT141.01117.54 20 NP105.2887.87 20 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Satin Creditcare Network to conduct board meeting

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Satin Creditcare up 4% on securing 15 million euro debt funding from OeEB

2 months agoBusiness Standard